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Effect of Exchange Rate on Manufacturing Industries in Nigeria

EFFECT OF EXCHANGE RATE ON MANUFACTURING INDUSTRIES IN NIGERIA


ABSTRACT

This study was undertaken to asses the effort of exchange rate on the manufacturing industries in Nigeria. The study was embarked upon because of the increasing concern about the potency of exchange rate policy in addressing the problems inherent in the manufacturing industries in Nigeria.

Further more, efforts were made to find out how exchange rate policies have contributed to the growth of the gross domestic product (GDP) out its general impact on the Nigeria economy.

(field, flexible/floating exchange rate, etc) as well as issues and efforts is has had on the manufacturing sector.
Secondary sources of data collected were utilized. It was revealed that the manufacturing industries in Nigeria was capacity by and large unity instability in production target, capacity utilization, revealed generation, low output productivity, and the sectors contribution to the gross domestic product (GDP) of Nigeria has been very low over the years. It was revealed that the problems or the instability in the exchange rate policy of Nigeria.

Thus, serve recommendations usable made which include:

That these should be consistency in the implementation of the exchange rate policy. Also, that the exchange rate policy should be used in correcting the fundamental imbalance in the manufacturing sector.

Another recommendation made was that the government should maintain and properly enforce the ban on importation of goods having local substitute. Such an action would enhance the productivity of the manufacturing industries in Nigeria.


CHAPTER ONE

1.1 Introduction

… This chapter will address the background information that motivated this study, the challenges that prompted it, its aim, and its objectives as a preface to subsequent sections of the study. Additional factors include the study's significance, scope, limitations, research questions and hypotheses, and the definition of technical terms.


CHAPTER TWO

2.0 Literature Review

2.1 Introduction

The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …


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TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

  • Introduction
  • Background of the study
  • Statement of the problem
  • Objectives of the study
  • Statement of hypothesis
  • Method of study
  • Scope and limitation of the study
  • Organization of the study
  • REFERENCES

CHAPTER TWO

  • Literature Review
  • Introduction
  • The concept of exchange rates
  • Fixed Vs flexible exchange rate
  • Real Vs nominal exchange rate
  • Review and appraisal of the Nigeria Manufacturing Industries and its performance
  • Exchange rate policy and the Nigeria manufacturing sector
  • General impact of exchange rate on the manufacturing sector
  • Manufacturing production and contribution to GDP
  • Local souring of raw materials and capacity utilization of the manufacturing industries in Nigeria
  • Exchange rate policy under sap
  • REFERENCES

CHAPTER THREE

  • Theoretical Framework
  • Model specification
  • Research methodology
  • Sources of data
  • Method of data analysis
  • REFERENCES

CHAPTER FOUR

  • Presentation and analysis of data
  • Interpretation of result
  • Policy implications of the study
  • REFERENCES

CHAPTER FIVE

  • Summary of Findings, Conclusion and Recommendation
  • Summary
  • Conclusion
  • Recommendation
  • BIBLIOGRAPHY


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