The Effectiveness Of Monetary Policy As A Tool For Controlling Inflation In Nigeria.

INTRODUCTION Nigeria still presents a clear reflection of the third world economy in which the growing economy has some working machinery, monetary and fiscal policies that aimed towards maintaining a balance in the entire economy so that growth and development, which is the ultimate goal of every economy, is realized.     Generally, monetary policy refers to combination  of measures designed to regulate the values, supply and cost of money in an economy in consonance with the level of economic activity. Monetary policy is a deliberate effort by the monetary  authoriti…