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.
Background of the Study
Business education is a course that prepares for entry into an advancement in jobs within busin...
ABSTRACT
This study was carried out to investigate the application of social networks media for reference services in academic libraries...
Abstract
This study is on the prospect and problems of private radio broadcast media in Nigeria. The total population fo...
ABSTRACT
The thrust of this work is the evaluation of the expropriation of Nigeria’s vital human resources through the brain drain...
ABSTRACT
Social media is a new phenomenon that has changed how the business environment operates. Businesses are able t...
ABSTRACT
Poultry production has in no small way helped to develop- the community and people of Ikpoba O...
Abstract
This study is on an investigation into the menace of kidnapping in Nigeria and the report effectiveness of the...
ABSTRACT
The Bureau for Public Procurement (BPP), which was established by the Public Procurement Act of 2006 to oversee the procurement...
ABSTRACT
This study shows how to monitor the movement of cattle using wireless sensor nodes powered by a renewable energy source capable...
Background of the study
The co-ordination of the system, people, and the polity is the responsibility of government who...