Fiscal monetary policy limits mean nigerian businesses workers mostly on their own

I think I understand what you're getting at. You're saying that the limitations of fiscal and monetary policy in Nigeria have led to a situation where many businesses and workers are forced to operate on their own, without much support from the government.

Fiscal policy refers to the use of government spending and taxation to influence the overall level of economic activity. In Nigeria, the government's fiscal policy has been criticized for being ineffective in addressing the country's economic challenges. For example, the government's reliance on oil revenues has made it vulnerable to fluctuations in global oil prices, which can impact the overall economy.

Monetary policy, on the other hand, refers to the actions of the central bank to control the money supply and interest rates to promote economic growth and stability. In Nigeria, the Central Bank of Nigeria (CBN) has been criticized for its inability to effectively manage inflation, which has led to a decline in the purchasing power of the naira.

The limitations of fiscal and monetary policy in Nigeria have led to a situation where many businesses and workers are forced to operate on their own, without much support from the government. This can be attributed to several factors, including:

1. Limited access to credit: Many businesses and individuals in Nigeria have limited access to credit, which makes it difficult for them to invest in their businesses or meet their financial obligations.
2. High interest rates: The high interest rates in Nigeria make it expensive for businesses and individuals to borrow money, which can limit their ability to invest and grow.
3. Inefficient infrastructure: Nigeria's infrastructure, including roads, ports, and power supply, is often inefficient and unreliable, which can make it difficult for businesses to operate effectively.
4. Corruption: Corruption is a significant problem in Nigeria, and it can limit the effectiveness of government policies and programs.
5. Limited government support: The government's support for businesses and workers is often limited, which can make it difficult for them to access the resources they need to grow and thrive.

Overall, the limitations of fiscal and monetary policy in Nigeria have led to a situation where many businesses and workers are forced to operate on their own, without much support from the government. This can make it difficult for them to grow and thrive, and can limit the overall economic development of the country.