Coordinating Macroeconomic Policy in Nigeria.

This Policy Brief draws from a NISER Study on the Extent of Macroeconomic Policy Coordination in Nigeria.

Monetary and fiscal policies are the most commonly-used tools to influence a country’s economic activities and should work in harmony to achieve development objectives. But the problem is that, in Nigeria, different authorities implement these two policies, using diverse tools and instruments, resulting in coordination and harmonization challenges, thus creating economic instability in the country.

This policy brief examines these in detail and charts the way forward.