Impact Of Remittances On The Nigerian Standard Of Living:- Agiode Imoebe J

Michael Okpara University | Projects

ABSTRACT

The studyfocused on the impact ofremittances on the Nigerian standard ofliving covering the periodof1981 to 2017. The objectives ofthe study were to evaluate the impact ofremittances on the Nigerian standard ofliving and to ascertain the causalrelationship between remittances and standard ofliving in Nigeria. Ordinary Least Square technique and granger causality test were used in evaluating hypothesis. Thus revealed that; remittances has a positive and significant impact on standard ofliving in Nigeria, interest rate and exchange rate have a negative and significant impact on standard of living in Nigeria. Lastly, there exist a causal relationship between remittances and standard of living in Nigeria. Based on the findings, the study recommended that; the government should encourage more remittances inflow into the country. This will aid to better the standard ofliving, thus lead to economic development in the long run. Interest rates and exchange rate should be reduced so as to better the standard of living of citizens in the country.

Overall Rating

0.0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

MICHAEL, U (2026). Impact Of Remittances On The Nigerian Standard Of Living:- Agiode Imoebe J. Mouau.afribary.org: Retrieved May 08, 2026, from https://repository.mouau.edu.ng/work/view/impact-of-remittances-on-the-nigerian-standard-of-living-agiode-imoebe-j-7-2

MLA 8th

UNIVERSITY, MICHAEL. "Impact Of Remittances On The Nigerian Standard Of Living:- Agiode Imoebe J" Mouau.afribary.org. Mouau.afribary.org, 08 May. 2026, https://repository.mouau.edu.ng/work/view/impact-of-remittances-on-the-nigerian-standard-of-living-agiode-imoebe-j-7-2. Accessed 08 May. 2026.

MLA7

UNIVERSITY, MICHAEL. "Impact Of Remittances On The Nigerian Standard Of Living:- Agiode Imoebe J". Mouau.afribary.org, Mouau.afribary.org, 08 May. 2026. Web. 08 May. 2026. < https://repository.mouau.edu.ng/work/view/impact-of-remittances-on-the-nigerian-standard-of-living-agiode-imoebe-j-7-2 >.

Chicago

UNIVERSITY, MICHAEL. "Impact Of Remittances On The Nigerian Standard Of Living:- Agiode Imoebe J" Mouau.afribary.org (2026). Accessed 08 May. 2026. https://repository.mouau.edu.ng/work/view/impact-of-remittances-on-the-nigerian-standard-of-living-agiode-imoebe-j-7-2

Please wait...