International records / OpenAlex research

Analysis of Monetary Policy Effect on Manufacturing Sector Output in Nigeria

This study examined the effect of monetary policy instruments on manufacturing sector output in Nigeria. Monetary policy refers to plans intended to control the amount, cost and value of money in an economy in order to maintain the appropriate level of economic activity. Monetary policies are crucial to the development of Nigeria's economy as they control and stabilize the amount of money in circulation, which encourage investment and ultimately lead to economic growth. It is appalling to note that the manufacturing output seems not enough for local consumption, hence the need to revisit monet…