Inefficiencies in Nigerian policies blamed for rising inflation and unemployment rates.
The article explores the relationship between inflation and unemployment in Nigeria. The researchers found that there is no significant link between the two factors. They identified government inefficiencies and lack of domestic investment as causes of unemployment, while exchange rate depreciation and money supply were blamed for rising prices. The study suggests that improving fiscal and monetary policies, increasing government spending on infrastructure, and incentivizing firms to invest could help reduce unemployment and achieve stable economic growth in Nigeria.