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

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

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

1. To  determine the extent  regulation or deregulation of exchange rate has contributed to stability in Nigeria  foreign trade.
2. 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

1. There is a negative relationship between the rate of devaluation of the naira and the balance of trade .
2. 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

1. Government should play a more active part in implementing  incentives to encourage non- oil export in Nigeria
2.  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.

PROPOSAL

The research work will be a very important study to know regulation and deregulation  of exchange ate effect Nigeria Foreign trade.  The researcher wants to look at why there is still no stable exchanger ate in the country and how to rectify the problem.

Chapter one is overview of the research work which includes Introduction, Background of the study, Statement of the Problem, Purpose of study, Research Questions, Research Hypothesis, Significance of the study, scope limitations  and delimitation and definition of term used.

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