Perceived Effect of Monetary Policy Measures on Internally Generated Revenue (IGR) and Funding of Universities in Nigeria

Abstract

The study looked into the perceived effect of monetary policy measures on internally generated revenue (IGR) and funding of universities in Nigeria. Ex post facto design was adopted for the study. Two hypotheses were tested at 0.05 alpha level. The sample size of 60 was drawn the through multistage procedure. A researcher’s developed instrument, 'Effect of Monetary Policy Measures on IGR and Funding of Universities Questionnaire (MPMIGRFUQ)' was used to collect data. The Cronbach Alpha method, with the coefficient of 0.92 was used to ascertain the reliability of the instrument. T-test was adopted for analysis and testing of the hypotheses. It was found that the mean ratings of male and female lecturers of banking and finance lecturers with regard to the effect of monetary policy measures on IGR and funding of universities did not differ significantly. The study recommended among others opinions that more researches through primary data should be carried out beyond the scope of opinions of banking and finance lecturers, by involving respondents from different walks of life, for more inclusive and reliable outcomes.