Impact of naira redesign on Nigeria economic development - case study of Lokoja lga Kogi state Department:Public Administration By: Ohindasi Project ID: 7980 Rating: (5.0) votes: 1 Price:₦3000 Get the Complete MaterialAbstractThis study examines the impact of the Naira redesign on Nigeria's Economic Development. The Central Bank of Nigeria (CBN) announced the redesign of Nigeria currency in 2022, and the policy was implemented in February 2023, with the objectives of improving the security features of the currency in order to reduce the rate of currency forgery, reduce the total amount of money in circulation to reduce inflation, increase the percentage of money availability in bank volts in order to increase the rate of financial inclusion. The population of the study comprises all staff of Lokoja Local Government area, Kogi State. At the end of the exercise, three hundred and ninety-nine (399) were selected as the sample size. Data for the study were collected through the use of questionnaires. The data collected were analyzed using descriptive statistics of frequency and percentage which were used to evaluate the opinion of the respondents. The researcher revealed that currency redesign affects the nation’s economy. This study recommends that printing more currency notes will only reduce the inherent value of the currency in direct proportion to the number of additional currency notes printed. ...Preview Download Preview +Other Public Administration project topics and materials you might be interested in»Impact of industrial conflict on the performance of workers in the government parastatal (a case study of Nigeria National Petroleum Corporation (NNPC)»Human resources as a catalyst for economic growth and development in Nigeria (a case study of Abuja municipal area council) »The influence of effective personnel management practice in organization performance»Local government financial autonomy and grass root development in Nigeria (a case study of Afikpo north local government area)»Manpower training and development as a tool for effective performance in public sector in Nigeria»The impact of poor revenue generation on the development of Local Government Areas»Enhancing political stability in Nigeria through good governance ( a case study of Abia state)»Niger-Delta crisis and its impact on socio-economic development in Nigeria»Bureaucracy and efficiency (a case study of Enugu state civil service)»Political instability a major hindrance to effective policy implementation and good governance (a case study of Nigeria 1983 -1999)»Effects of delayed payment of lecturers salaries and wages on students performance»Fuel subsidy removal and the Nigerian economy (a case study of Abakiliki local government area, Ebonyi state) »Accountability and corruption in local government in Nigeria (Case study of Bonny local government area of Rivers state)»Impact of collective bargaining techniques on industrial relations practice (a case study of two selected firms from NUPENG and NUBIFE)»The influence of employee behaviour on the internal audit function of an organization (a case study of P.Z. industries plc Aba)