ABSTRACT
This study analyses the linkage between inflation rate and manufacturing sector of the Nigerian economy over the period of (1981-2011). The study used data sourced from the Central Bank of Nigeria (CBN). The ordinary least square technique (OLS) was used to specify and examine the relationship between the variables Government expenditure, inflation rate and money supply which are the independent variables and the manufacturing index which is the dependent variable for the first model. The independent variables for the second model are consumer price index, Nominal interest rate and exchange rate while the dependent variable is the manufacturing index. The explanatory power of the models was given by the R2 of 11.799% for the first model and 62.85% for the second model and was subjected to the t-test and f-test to test the significance of the independent variables. The second model based on the result, we found out that it was more significant than the first model. The research revealed that inflation has a positive effect on the manufacturing sector in Nigeria. This goes a long way to say that increase in inflation leads to increase in the manufacturing output and that manufacturers should not to be discouraged by the increase in inflation rate, and depreciating value of Naira.
ABSTRACT
The Hydraulics of flow in an open channel/waterway with flexible vegetation is studied. Vegetation along waterway has an ecologi...
STATEMENT OF THE PROBLEM
In this country, Nigeria, just like most developing countries in the wor...
Abstract: THE ROLE OF HEALTH AND SAFETY POLICIES IN EMPLOYEE WELL-BEING
This study exp...
Background of the Study
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Background of study
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ABSTRACT
This study attempts to find out the phonological problems of Selected Secondary School students in the...
Background of the study
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ABSTRACT
This study examined the use of the library and students’ academic performance at Univers...
ABSTRACT
This study was carried out to assess of human activities on global warming using federal...