CHAPTER ONE

1.0     INTRODUCTION

          It is a fact that cannot be doubted that prices of goods especially consumer items skyrocket so often in Nigeria. This is as a result of the economic depression that the country is going through.

          Every nation has the causes of her economic problems and their attendant effects peculiar to it. In the case of Nigeria, the causes are many and the effects are much.

          One of the economic problems causing a lot of concern to the government and citizens in Nigeria in increase in general price levels of goods and services. One wonders what value the Nigeria currency (the naira) has today.

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