Abstract:
The importance of economic development in Nigeria’s economy cannot be over emphasized. Consequently, there is need for economic policy measures such as monetary and fiscal policy measures to help achieve the developmental targets.
The long existing nature of economic distress in Nigeria has led to so many negative opinions against economic policy measures especially monetary, and fiscal policy measures. This study gives an evaluation of monetary and fiscal policy measures. It identified that economic policy measures are necessary for Nigeria to attain economic development through monetary and fiscal policy measures, apprised the positive contributions of the policy measures during the years covered by the research work and made some recommendations which will help to solve the problems that hinder the policy measures’ target from being attained.
In order to achieve an explicit evaluation of the impact of monetary and fiscal policies in Nigeria as regards economic development, it was necessary to conduct a research using research questions, oral interviews and table research based on the review of the Central Bank of Nigeria on monetary and fiscal policy measures within the number of years covered by the research work. The data gathered through the research question and oral interviews were analysed and presented through percentages and pie charts.
From the findings based on the analysed data the researcher is of the opinion that monetary and fiscal measures have positive relationship with economic development. The failure to attain economic development through the policy measures is as a result of some
