THE EFFICIENCY AND EFFECTIVENESS OF GOVERNMENT AGENCIES IN THE IMPLEMENTATION OF FISCAL AND MONETARY POLICIES MEASURES (A CASE STUDY OF THE NIGERIAN ECONOMY)

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ABSTRACT

This research is conducted on the efficiency and effectiveness of government agencies in implementing the fiscal and monetary policy measure.

Government agencies in the context of this write up implies structures put in place to formulate and ensure the implementation of policy programmes for the realization of Macro economic objectives. This policy could be fiscal or monetary policies while the former is administered by the ministry of finance through some specialized agencies such as NCS, SBIR, FBIR etc. the latter is formulated by the Central Bank of Nigeria and implemented through banks and corporate bodies.

As the goal of the policy formulator is to curb inflation, reduce unemployment; stabilize prices, ensure economic growth and done all enhance the realization of a favourable balance of payment objective. The main objective of this study is to determine how these agencies have faired in the actualization of their policy dreams and targets. To achieve this, hypothesis were formulated and tested.

The findings revealed that the CBN is effective in implementing the monetary policy measure while other agencies under study are neither efficient nor effective. The research also studied the problems militating against the efficiency and effectiveness of these agencies in Nigeria. After a critical analysis of these problems aid the outcome of the findings, the researcher proffered recommendations with a view to finding a lasting solution to the problem.

TABLE OF CONTENT

CONTENTS PAGES

TITLE PAGE … … … … … … … …

APPROVAL PAGE … … … … … … …

DEDICATION … … … … … … … …

ACKNOWLEDGEMENT … … … … … …

ABSTRACT … … … … … … … …

TABLE OF CONTENT … … … … … …

CHAPTER ONE

1.0 INTRODUCTION … … … … … …

1.1 Background of the study … … … … …

1.2 Statement of the Problem … … … …

1.3 Objectives of the Study … … … … …

1.4 Significance of the Study … … … … …

1.5 Scope and Limitation of the Study … … …

1.6 Research question/hypotheses … … …

1.7 Definition of terms … … … … … …

CHAPTER TWO

2.0 REVIEW OF RELATED LITERATURE … …

2.1 An overview of Fiscal and Monetary Policies …

2.2 Meanings … … … … … … … …

2.3 Objectives … … … … … … …

2.4 Instruments … … … … … … …

2.5 Co-ordination of Fiscal and Monetary

Policies Measures … … … … … …

2.6 Government Agencies, their Efficiency

and Effectiveness … … … … … …

2.7 Central Bank of Nigeria (CBN) … … … …

2.8 Factors Militating Against the Efficiency and

Effectiveness of Government Agencies in Implementing

The Fiscal and Monetary Policy Measures … …

CHAPTER THREE

3.0 METHODOLOGY OF THE STUDY … … …

3.1 Sources of Data … … … … … …

3.2 Primary Data … … … … … … …

3.3 Secondary Data … … … … … …

3.4 Sample/Population Size … … … … …

3.5 Method of Investigation … … … … …

3.6 Validation of Research Instruments … … …

3.7 Statistical Methods used for Data Collection …

CHAPTER FOUR

4.0 PRESENTATION AND ANALYSIS OF DATA …

4.1 Data Presentation … … … … … …

4.2 Data Analysis … … … … … … …

4.3 Data Interpretation … … … … … …

CHAPTER FIVE

5.0 DISCUSSION OF FINDINGS, CONCLUSION AND

RECOMMENDATION … … … … …

5.1 Findings … … … … … … … …

5.2 Conclusions … … … … … … …

5.3 Recommendation … … … … … …

BIBLIOGRAPHY

APPENDIX: QUESTIONNAIRE

SUGGESTION FOR FURTHER RESEARCH

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THE EFFICIENCY AND EFFECTIVENESS OF GOVERNMENT AGENCIES IN THE IMPLEMENTATION OF FISCAL AND MONETARY POLICIES MEASURES (A CASE STUDY OF THE NIGERIAN ECONOMY)

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