Incomes and inflation in Nigeria

Abstract

In this study the author discusses the reasons for inflation in Nigeria and the ways in which incomes are effected by, and in turn influence, the inflationary spiral. He analyses the measures which have been taken to implement incomes policies and shows that if such a policy is to succeed it must be applied firmly and fairly to all income-earners. A comparative study of incomes policies in other African countries highlights how easy it has often been for influential interest groups to escape incomes control