2 research outputs found
Assessment of the Implementation of Central Bank of Nigeria Foreign Exchange Policy in Promoting Economic Growth in Nigeria
No full textThis study examines the implementation of the Central Bank of Nigeria's (CBN) foreign exchange policy and its effectiveness in promoting economic growth in Nigeria. Through qualitative research combining content and document analysis, the study evaluates policy documents, economic reports, and institutional data from 2015 to 2023. The research particularly focuses on assessing the effectiveness of CBN's foreign exchange policies in promoting sustainable economic growth and analyzing the impact of forex market distortions on investment patterns and overall economic performance. Findings reveal that while the introduction of the Investors' and Exporters' (I&E) window in 2017 initially attracted significant foreign investment (approximately 45.1 billion in June 2019 before declining to $33.8 billion by December 2020, affecting the CBN's capacity to maintain exchange rate stability.The study concludes that while CBN's forex policies achieved some success in maintaining exchange rate stability and supporting key economic sectors, their effectiveness in promoting sustainable economic growth was limited by external shocks, structural economic constraints, and implementation challenges. Recommendations include implementing targeted sector-specific support measures and enhancing coordination between monetary policy and fiscal initiatives to create a more coherent framework for sustainable economic growt
EFFECTIVENESS OF THE NATIONAL OPEN UNIVERSITY OF NIGERIA IN INCREASING ACCESS TO HIGHER EDUCATION AMONGST ELDERLY PEOPLE IN FCT ABUJA
No full textThis study evaluated the effectiveness of the National Open University of Nigeria (NOUN) in enhancing access to higher education for elderly people in FCT Abuja. Using a descriptive survey design, the study sampled 320 elderly students (aged 60 and above) from NOUN\u27s FCT Abuja study centers through simple random sampling. Data was collected using a structured questionnaire titled "Elderly Education Access and Effectiveness Questionnaire (EEAEQ)" and analyzed using mean scores and standard deviation. The findings revealed mixed results regarding access to educational resources. While digital library resources and study materials were found to be accessible, physical facilities at study centers were inadequate for elderly students\u27 needs. The study also identified significant challenges in NOUN\u27s support services, including inadequate tutorial support, ineffective orientation programs, and insufficient academic advising, though technical support services met basic requirements. However, internet connectivity at study centers was deemed sufficient for accessing online resources. The study concluded that while NOUN has established basic frameworks for elderly education access, its effectiveness is limited by infrastructural and support service inadequacies. The study recommend the upgrading of physical infrastructure to accommodate elderly students\u27 needs and strengthening support services through specialized staff training and ageappropriate orientation programs. This will improve the effectiveness of NOUN educational programmes
