THE EFFECT OF CRUDE OIL INCOME ON PRICE STABILITY IN NIGERIA
ABSTRACT This study examine the effect of crude oil income on price stability in Nigeria. Nigeria is a mono-product economy, where the main export commodity is crude oil, changes in oil prices has implications for the Nigerian economy and, in particular, exchange rate movements. The latter is mostly important due to the double dilemma of being an oil exporting and oil-importing country, a situation that emerged in the last ...
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