Economic and Financial Review


Research Department, Central Bank of Nigeria


Capital account, Capital account liberalization, Capital account liberalization - Nigeria


Capital account liberalization is a complex and multifaceted issue, which if not properly addressed could increase the risks of a crisis in a country with serious negative consequences for the real sector. The purpose of this paper is to dwell in some detail on capital account liberalization, emphasizing the preconditions for tits safe implementation, the degree and sequencing of implementation, effects of capital account liberalization, noting costs and the way forward to its effective administration in Nigeria.

Author Bio

Mr. Sam Omoruyi is a Debt Management Advisor at WAIFEM.

Publication Title

CBN Economic and Financial Review





Recommended Citation

Omoruyi, S. (2006). Capital account liberalization: the way forward for Nigeria. Economic and Financial Review, 44 (4), 185-202.

Included in

Economics Commons



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