THE EFFECT OF EXCHANGE RATE FLUCTUATION ON IMPORTED GOODS IN NIGERIA (A CASE STUDY OF TOYOTA NIGERIA LIMITED, LAGOS)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
The major aim of this research work is to know the effects of exchange rate fluctuation on imported goods in Nigeria. It is also aimed at ascertaining the level of relationship between the depreciation value of Naira and the pricing of imported goods in Nigeria. The fluctuating nature of exchange rate appears to be responsible for the exploitative pricing of imported goods in Nigeria. The objective of researcher is to address the following to know the reason of this upward movement of the pricing of goods in Nigeria. To discover only Nigeria dependable on importation to X – ray why then is steady rise in the price of imported goods these issues were addressed through theoretical and empirical approach within help of secondary and primary data collection method, related literature were reviewed to ascertain what various authors have to say on the topic. The primary data was collected through questionnaire administered on the financial institutions importers and retailers of various imported goods in Lagos metropolis. The question is upward movement of the pricing of goods in Nigeria due to the exchange rate fluctuation. The researcher found out that the upward movement of the pricing of goods in Nigeria is due to exchange rate fluctuation. The researcher made the following recommendation, government should work tirelessly with its monetary agencies to fix the rate of Naira, for no country of the world leaves its currency afloat to the pros and cons of forces of demand and supply.
Related Project Materials
Enhancing E-Learning Security Using Quantum Cryptography at National Open University of Nigeria, Abuja
Background of the Study
The rapid adoption of e-learning systems has transformed education, enabling access to learning...
The Use of Photography in Promoting Rural Electrification in Gummi Local Government Area, Zamfara State
Chapter One: Introduction
The influence of adult education on economic diversification among farmers in Lokoja Local Government Area, Kogi State
Background of the study
Economic diversification is critical for the sustainability and resilience of agricultural communi...
An Evaluation of Political Nepotism and Governance Efficiency in Local Governments: A Case Study of Damaturu Local Government, Yobe State
Chapter One: Introduction
1.1 Background of the Study
Political nepotism, characterized by the p...
An assessment of forex trading platform innovations on lowering transaction costs in banking: a case study of Accord Microfinance Bank
Background of the Study
Globalization and technological advancements have transformed forex trading, making efficiency a critical compone...
DESIGN AND IMPLEMENTATION OF A WEB-BASED ALUMNI DATABASE MANAGEMENT SYSTEM
Background of the Study
The Nnamdi Azikiwe University Alumni Association has been in existence for a number of years but...
The effect of science-based storytelling in primary STEM education in Katagum LGA, Bauchi State
Background of the Study
Science-based storytelling is emerging as an innovative teaching strategy that combines narrative e...
THE PREVALENCE OF MALARIA AMONG PREGNANT WOMEN ON ADDMISSION IN IMO STATE SPECIALIST HOSPITAL OWERRI
ABSTRACT
A study was made to determine the prevalence of malaria infection among pregnant women...
The effect of informal education on female students’ participation in STEM subjects in Misau Local Government Area, Bauchi State
Background of the study
Female participation in STEM (Science, Technology, Engineering, and Mathematics) fields remains a...
An Evaluation of Remote Work and Stress Levels Among IT Professionals in Taraba State
Background of the Study
Remote work has become a prevalent work arrangement, especially in the IT sector, where employees can perform tas...
