The effect of monetary policy on prices and output in any economy cannot be overlooked. This is germane given the implications on various macroeconomic outcomes. In doing this, the Fully Modified Ordinary Least Squares (FMOLS) method was deployed base on the preliminary findings to test the relationship for Nigeria. Findings revealed that money supply and exchange rate exhibit significant effect on prices and output, while monetary policy rate does not. Also, technological innovation and labour force significantly impacted output while gross fixed capital formation did not, Base on the findings, it is recommended that the central bank implement policies that will ease access to forex, stabilize the exchange rate and lessen the hassles for capital goods import, while regulating money supply and monetary policy rate to stabilize the economy.

The persistent public outcry in recent times over the perceived unnecessarily large expenditure on the Nigerian national assembly, and the question of the extent of their contribution to the overall growth of the nation is worrisome. This study is set out to investigate, the relationship between expenditure on the National Assembly and the level of economic growth in Nigeria. The methodology for achieving the objective of this research is the ordinary least square (OLS) estimation technique. The data set to support this objective is the time series data from 1999 to 2012. Our findings revealed that expenditure on the national assembly had a significant impact on level of economic growth (proxied by GDP), while a significant relationship exist between the contribution of National Assembly (proxied by number of bills passed) on economic growth. This calls for passage of more meaningful bills to drive the Nigerian economy higher.

Abstract:Leboku is the annual new yam festival celebrated in

The paper compares trends in unemployment and human capital loss over a life-cycle period. Brain drain, infant mortality rate and out of school children are used as proxies for human capital loss, and their trend relationships with unemployment rate were analyzed between the period 1999–2019. The study adopted descriptive method of analysis. Findings showed that unemployment exacerbates brain drain, infant mortality rate and out of school children over a life time period. The author however recommends the development of tertiary education, and most especially vocational education in order to contribute to job creation and reduce the negative effect of unemployment. Also, implementation of requisite health policies and programmes that will reduce infant mortality rate will also reduce human capital loss in Nigeria.