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AN EVALUATION OF FOREIGN EXCHANGE MANAGEMENT IN A DEPRESSED ECONOMY ( A CASE STUDY OF NIGERIA)

ABSTRACT

Foreign exchange in Nigeria has become a major concern for both past

and present government. It therefore means that the earlier we revisit our policy

frame work the better.

The work would attempt to evaluate the various foreign exchange policies

of the government. These policies include trade, exchange controls,

Administrative controls, foreign exchange market, export promotion, debt

management and also demand management.

Effort were made to unfold the problems of these policies. To achieve the

above objective, data was collected from primary and secondary sources. Some

staff of the CBN were interviewed. Relevant materials from both CBN and other

sources were consulted.

Based on these findings, it was recommended that government should

intensify it efforts in diversifying the non-oil sectors especially agricultural,

industrial and solid mineral sectors to generate more foreign exchange. Again

denouncement of parallel market should be continued and support with the

policing of the operators.

TABLE OF CONTENT

Title page- – – – – – – – – i

Approval page – – – – – – – -ii

Dedication – – – – – – – – -iii

Acknowledgement – – – – – – – -iv

Abstract – – – – – – – – – -v

Table of content – – – – – – – -vi

CHAPTER ONE

INTRODUCTION – – – – – – – -1

1.0 Background of the study – – – – -1

1.1 Statement of the problem – – – – -5

1.2 Purpose of the study – – – – – -6

1.3 Significance of the study – – – – -8

1.4 Research questions – – – – – -9

1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39

Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60

Conclusion – – – – – – – – -61

Recommendations – – – – – – – -62

Suggestions for further research – – – – -64

References – – – – – – – – -65

Appendix I – – – – — – – – -68

Questionnaire. – – – – – – – -69

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