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PROJECT TOPIC: THE EFFECT OF EXCHANGE RATE DEREGULATION ON THE NIGERIA ECONOMY

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CHAPTER ONE

Introduction

1.1 Background of the Study

How various individuals, groups, business persons and government have expressed concerns about attitudes of Nigerians towards the deregulation of exchange rate. Basically, the paper shows the relationship between the Nigeria economy and the government recent and past policies to increase the rate of converting Naira to Dollar.

Starting up with the current trends on the deregulation of the Nigeria currency in the foreign exchange market. On Wednesday, 20 January, 2016, an article was published in the Daily Sun Newspaper, as follows; Speaking during the opening of a one-day CBN/NEXIM Non-oil Simulation Conference in Abuja, CBN Governor Mr. Godwin Emefiele,


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