INVESTIGATION OF NEXUS BETWEEN MONEY SUPPLY, INFLATION AND ECONOMIC GROWTH IN NIGERIA.

This paper estimates a monetary growth model for Nigeria by examining the existence of a significant long run relationship between money supply, inflation and economic growth in Nigeria. In Nigeria for instance the prices of goods and services have been on the increase this is due to the velocity of money supply in circulation coupled with little or no productions of goods and services to match in other words aggregate demand is more than aggregate supply there by making more money to chase fewer goods leading to inflation. The increase in inflation rate is also traceable to the budget allocation. This research consists of a title page, approval page, certification, abstract, list of abbreviations, Chapters One to Five (from introduction to conclusion), references, and appendices.