The Effect Of Exchange Rate Policies On The Nigerian Manufacturing Sector An Empirical Analysis

The main objective of this study is to examine empirically the effect of exchange rate policies on Nigerian Manufacturing Sector, because most policies put in place by Nigerian Government from time to time focus on the margin between official rates and parallel market rate (Unofficial rates). In July 1987, a merger of the erstwhile first and second-tier exchange rates in the early phases of the structural adjustment programme took place but this did not solve any problem. The constructed model was estimated using the simple regression analysis to test the relationship between the variable co…