Fiscal and monetary policies clash, hindering Nigerian economic stability.
The study looked at how government spending and central bank policies in Nigeria affect the economy. By using a complex economic model, the researchers found that fiscal and monetary policies can clash, leading to negative impacts on inflation and output. They also discovered that politicians and bureaucrats need to follow consistent rules to benefit all citizens, not just a select few. The study suggests that the government should coordinate fiscal and monetary policies better to improve economic stability.