MONETARY POLICY MEASURES AS INSTRUMENT OF ECONOMIC STABILIZATION IN NIGERIA

Over the years so may instrument of monetary policy have been in vogue not only to gear up the level of investment but to cheek the perennial problems of unemployment prices level instability lack of sustainable economic growth balance of payment disequilibria imbruing to mobilize domestic saving a out put these level consistently and persistently done severe damage to the Nigeria economy but most strikingly these problem have continued to plagues the economy unabated. It is against this background that the problems of this study have been identified and they are as follow. i. Are monetary policy measures effective as instrument of economic stabilization? ii. Have there been any significant variation in the use of monetary policy to achieve desired objective and what has been the outcome