A COMPREHENSIVE ANALYSIS OF THE EFFECT OF REGULATION AND DEREGULATION OF EXCHANGE RATE ON NIGERIA’S FOREIGN TRADE

95 PAGES (9667 WORDS) Accounting Project
ABSTRACT
 
The title of the project is a “comprehensive Analysis of the effect of Regulation and Deregulation of Exchange  Rate on Nigeria’s  foreign trade 1995  2000.
This project seeks to study why there is still no stable exchange rate in the country and how to rectify this  problem.
Some  of the objective of the study are 
i.To  determine the extent  regulation or deregulation of exchange rate has contributed to stability in Nigeria  foreign trade.
ii.To provide useful recommendation based  on the finding of the study 
iii.To  determine whether the criticisms on regulation  and deregulation’s are constructive.  
Three  hypothesis were developed to enable a  through study of this research.
They are 
i.There is a negative relationship between the rate of devaluation of the naira and the balance of trade .
ii.There  was a significant difference  in the balance of  payment  position during the periods of complete deregulation and compete  regulation.
iii.The  foreign exchange policies of the  periods did not improve non –oil export in Nigeria.
The main source of data used in this research was primary percentage and chi-square were the  statistical tools used in testing the hypothesis .
After the text had been  carried out it was  found out  that   the exchange polices in 1995 2000 did not improve non-oil export in Nigeria. It was  also found that three was  an adverse relationship between  devaluation rate and the balance of trade in the periods 1995 – 2000.
Some  recommendation given in the  project are 
i.Government should play a more active part in implementing  incentives to encourage non- oil export in Nigeria 
ii. There should be adequate consultation between the regulations and operator.
iii.There should be a political will by government to make the exchange rate policy in existence succeed.  
In conclusion regulation and deregulation in themselves are not bad but if they are not implemented properly they will achieve the set objectives  and achieve improved economic development.

TABLE OF CONTENT
Tittle page 
Approval page 
Dedication 
Acknowledgement 
Abstract 
List of tables
Table of content 

CHAPTER  ONE 
1.0Introduction 
1.1Background of study 
1.2Statement  of problem 
1.3Purpose of study  
1.4Significant of study 
1.5Research  questions 
1.6Hypothesis 
1.7Scope and limitations of the study 
1.8Definition of terms 

CHAPTER TWO 
2.0literature review 
2.1Introduction 
2.2Foreign exchange  management before SAP 
2.3Exchange  rate determination 
2.4Policies of foreign Exchange management 
2.5Trade  and exchange control 
2.6Export promotion 
2.7Portfolio diversification 
2.8Foreign Exchange management since SAP 
2.9The  Dual  Exchange Rate  system 

CHAPTER THREE
3.0Research method and Design 
3.1Method and source of Date 
3.2Research population 
3.3Sampling method  Design 
3.4Description of Respondents 
3.5Method of Data Analysis 

CHAPTER FOUR
4.0presentation and Analysis of data 
4.1presentation of data 
4.2analysis of questionnaire 
4.3 test of hypothesis 
4.4 infective  of  result 

CHAPTER FIVE 
5.0summary conclusion and  Recommendations 
5.1summary of finding 
5.2conclusion 
5.3recommendations 
Bibliography 
Appendix  1 
Appendix 11