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

1.0INTRODUCTION………………

1.1Background of the study……………

1.2Statement of the Problem…………

1.3Objectives of the Study……………

1.4Significance of the Study……………

1.5Scope and Limitation of the Study………

1.6Research question/hypotheses ………

1.7Definition of terms………………

CHAPTER TWO

2.0REVIEW OF RELATED LITERATURE……

2.1An overview of Fiscal and Monetary Policies…

2.2Meanings……………………

2.3Objectives…………………

2.4Instruments…………………

2.5Co-ordination of Fiscal and Monetary

Policies Measures………………

2.6Government Agencies, their Efficiency

and Effectiveness………………

2.7Central Bank of Nigeria (CBN)…………

2.8Factors Militating Against the Efficiency and

Effectiveness of Government Agencies in Implementing

The Fiscal and Monetary Policy Measures ……

CHAPTER THREE

3.0METHODOLOGY OF THE STUDY………

3.1Sources of Data………………

3.2Primary Data…………………

3.3Secondary Data………………

3.4Sample/Population Size……………

3.5Method of Investigation……………

3.6Validation of Research Instruments………

3.7Statistical Methods used for Data Collection…

CHAPTER FOUR

4.0PRESENTATION AND ANALYSIS OF DATA…

4.1Data Presentation………………

4.2Data Analysis…………………

4.3Data Interpretation………………

CHAPTER FIVE

5.0DISCUSSION OF FINDINGS, CONCLUSION AND

RECOMMENDATION……………

5.1Findings……………………

5.2Conclusions…………………

5.3Recommendation………………

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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