NATIONAL SAVINGS AND ECONOMIC GROWTH IN NIGERIA (1970-2007)

ABSTRACT
The research work studied the national savings and Nigerian economic growth, spanning from 1970-2007. The study adopted Ordinary Least Square (OLS) single equation model. Using time series data over the period, the work shows that National Savings is not significant at SY level and it granger causes real gross domestic product. The study also shows that exchange rate is significant in its contribution to economic growth. The investment as one the of explanatory variables is significant and supports the idea that most of the investments in Nigeria are not from savings. The study also reveals that money supply has no impact on Nigeria’s economic should increase national savings through increased interest rate on  deposits and also maintain its managed floating exchange rate policy.
TABLE OF CONTENT Title page  Approval page Dedication  Acknowledgement  Abstract  Table of content
CHAPTER ONE 1.1    Background of the study 1.2    Statement of the problem  1.3    Research hypothesis 1.4    Justification of the study 
CHAPTER TWO  2.1   Theoretical Literature  2.2   Empirical literature  2.3   limitations of the previous studies 
CHAPTER THREE  Methodology  3.1    Model specification  3.2    Estimation procedure 3.3    Techniques for evaluation of the result 3.3.1 Evaluation based on economic criteria  3.3.2 Evaluation based on statistical criteria (first order test) 3.3.3 Evaluation based on economic criteria (second order test 3.4   Data source 
CHAPTER FOUR Empirical result  4.1   Presentation of regression results  4.2   Evaluation of results 4.2.1 Evaluation based on economic criteria  4.2.2 Evaluation based on statistical criteria (first order test) 4.2.3 Evaluation based on econometric criteria 
CHAPTER FIVE 5.1   Summary, Policy Recommendation and Conclusion   5.2   Policy recommendation  5.3   Conclusion