The Effectiveness Of Monetary Policies In The Nigerian Economy.

1.1 STATEMENT OF THE PROBLEM AND PURPOSE OF THE STUDY  Some years ago, Nigerian economy was faced with the problems of circulation of money.  He major problems that affected the economy were price instability unemployment balance of payment which hindered the economic growth. As time went on, he government decided to establish a policy which was know as “monetary policy” which will be used to control the economy by monetary authorities to check the volume of money quantity  availability cost and direction money and credit in the economy as a hole. The purpose of the study is listed beneath: -…