Project Abstract

Project Overview

<p> </p><div><p><strong>1. O &nbsp;INTRODUCTION</strong></p><p><strong>1.1</strong>&nbsp; &nbsp; &nbsp;<strong>BACKGROUND</strong></p><p>The major goals of macro-economic policy are: to achieve full employment in other words maintain a low and stable level of unemployment. To maintain a relative stable level of price payment position at a fixed stable exchange rate of growth.</p><p>Practically, inflation which is a persistence increase in general price level is one of the macro-economic problems facing Nigeria today. According to Ewa Udu and Agu G.A it began in Nigeria during and after the Nigeria civil war (that is from 1965-1970).Before the war, there was noticeable increase in the price of so many commodities such as a bag of 50cups of rice that cast #14.00 rises to #43.00 immediately after the civil war in 1970. Also there was an increase in the price of other goods and since 1979 the rate of inflation in Nigeria has been increasing.</p></div><h3></h3><br> <br><p></p>