INFLATION CONTROL THROUGH THE USE OF CENTRAL BANK OF NIGERIA (CBN) INSTRUMENT OF CREDIT CONTROL

INFLATION CONTROL THROUGH THE USE OF CENTRAL BANK OF NIGERIA (CBN) INSTRUMENT OF CREDIT CONTROL

TABLE OF CONTENTS

CHAPTER ONE:

INTRODUCTION

1.1 BACKGROUND OF THE STUDY

1.2 PROBLEM OF THE STUDY rationale

1.3 OBJECTIVE OF THE STUDY

1.4 SIGNIFICANCE OD THE STUDY

1.5 SCOPE AND LIMITATION OF THE STUDY

1.6 DEFINITION OF TERMS.

1.7 REFERENCES

CHAPTER TWO:

REVIEW OF RELATED LITERATURE.

2.1 AN OVERVIEW OF THE CBN CREDIT INSTRUMENT FOR INFLATION CONTROL THROUGH ITS’ MONETARY POLICY.

2.2 OBJECTIVES OF MONETARY POLICY ON INFLATION.

2.3 THE ROLE OF MONETARY POLICY ON INFLATION

2.4 INFLATION CONTROL THROUGH BANKING OPERATION

2.5 MONETARY / CREDIT FUNCTION

2.6 INSTRUMENTS OF MONETARY (CREDIT) CONTROL USED BY THE CBN TO CONTROL THE AMOUNT OF MONETARY OF INFLATION IN CIRCULATION

2.7 CAUSES OF INFLATION IN NIGERIA

2.8 EFFECT OF INFLATION IN NIGERIA.

REFERENCES.

CHAPTER THREE:

RESEARCH DESIGN AND METHODOLOGY

3.1 RESEARCH APPROVAL

3.2 SOURCES OF DATA

3.3 METHOD OF INVESTIGATION

3.4 LOCATION OF DATA

CHAPTER FOUR:

SUMMARY OF FINDING.

4.1 Summary of finding.

CHAPTER FIVE:

5.1 RECOMMENDATIONS

5.2 CONCLUSION

BIBLIOGRAPHY.

CHAPTER ONE

INTRODUCTION.

1.1 BACKGROUND OF THE STUDY

Inflation has been a purpose facing many countries of the world especially the developing countries. It started during the early 60s, which results to the incorporation of economic policies as measures to reduce the effect of the inflation in the economy. And most of these measures taken by developing countries to check the problem of inflation are in the form of the use of central bank instruments of credit control. This is aimed at reducing the volume of money in circulation and maintaining it to ensure low cost of living. Nigeria as other developing countries is also faced with the problem of inflation. In Nigeria inflation has a problem for policy makers since the 1990s. And ever since then to date the rate of inflation is on the increase. In defining what inflation is various perspectives from different economists are as follows:

Whereby too much money is chasing two few goods
Whereby there is a fall in the purchasing power of money.
Where there is an increase in the amount of money in circulation.
Where there is an excess of wage clearing over productivity growth.

INFLATION CONTROL THROUGH THE USE OF CENTRAL BANK OF NIGERIA (CBN) INSTRUMENT OF CREDIT CONTROL