Download cbn statistical bulletin 2012

Below are the four major sections of the central bank Statistical Bulletin , volume Central Bank of Nigeria Statistical bulletin: Section A The central bank statistical bulletin section A contain data regarding monetary policy and monetary analytics. Share this: Share WhatsApp.

Add your comment here Cancel reply. Loading Comments Email Required Name Required Website. This article contains the latest version of the CBN Statistical Bulletin — with download links to enable you to download it straight from the CBN website to your computer or mobile phone.

Since each latest version contains the data of the previous version — it is preferable that you choose the latest as seen on the apex bank website, instead of downloading them one after the other. The Central Bank Statistical Bulletin is of five major sections, and they are all well arranged in a Microsoft Excel format. Simply download and view them on your PC or on your smartphone if you have a document viewer app. There each of the variables was well explained for easy understanding.

This PDF is necessary for you to locate where each variable is on the sections easily. The Nigerian economy started experiencing recession from early s that led to a depression in the mids. This depression continued until early s without recovering from it. As such, the government continually initiated policy measures that would tackle and overcome the dwindling economy. Drawing from the experience of the great depression, government policy measure to curb the depression was in the form of increased government spending Nagayasu, According to Okunroumu , the management of the Nigerian economy in order to achieve macroeconomic stability has been unproductive and negative, hence one cannot say the Nigerian economy is performing.

As such, the Nigerian economy is unable to function well in an environment where there is low capacity utilization attributed to shortage in foreign exchange as well as the volatile and unpredictable government policies in Nigeria Isaksson, Studies have been conducted on the impact of fiscal policy on economic growth of Nigeria as seen in the literature review and it has been discovered that emphasis is not laid on the relative effectiveness of the fiscal policy components.

Therefore, this research study will contribute to the stock of knowledge by considering the impact of fiscal policy on economic growth from to and the relative effectiveness of the fiscal policy instruments. Therefore, the following questions will be examined in this study: 1. What is the trend and pattern of government expenditure, government debt, tax revenue, and economic growth in the country?

What are the effects of these fiscal variables on the economic growth of Nigeria? The broad objective of this study is to examine the effect of fiscal policy on economic growth in Nigeria from to However, this broad objective is subdivided into the following specific objectives: a To analyze the trend and pattern of fiscal variables and economic growth in Nigeria from to The issue of economic growth among scholars has received recognized attention.

According to Appah , classical studies estimate that economic growth is largely linked to labour and capital as factors of production, but the emergence of endogenous growth theories has compelled specialists to go in search of other factors in explaining the growth phenomenon Bogdanov, Therefore, taxation, government expenditure, and public debt are put up as instruments of fiscal policy which may determine changes in national income in a developing country like Nigeria.

In Nigeria today, diverse plans have been and are being put in place to ensure sustainable economic growth and the achievement of other macroeconomic objectives, of these plans are: the 7-point agenda, the Vision , the Millennium Development Goals and currently, the Transformation agenda of President Goodluck Ebele Jonathan. Substantial amounts have been expended on these plans to ensure the achievement of their aims and objectives, yet we see the economy lingering in growth at 5.

Therefore, this study seeks to establish the effectiveness of the fiscal policy in combating basic economic problems which when adequately dealt with, creates an enabling environment for economic agents to operate in, which then spirals into economic growth. It will also help in analyzing the relative effectiveness of fiscal policy components so as to identify the ones emphasis should be placed on if we are to record a significant growth in our GDP.

The study appraises the impact of fiscal policy actions of the government for the period to