It has been observed that the trend

It has been observed that the trend in the Nigerian economy following the introduction of Structural Adjustment Programme (SAP), and the associated massive devaluation accompanied by subsequent oil subsidy removal is in consonance with the above view [6]. According to him:
The devaluation of the naira is supposed to work without changing domestic prices, but devaluing the naira leaves the price of oil unchanged internationally as the price of oil is always determined in US Dollar.
The devaluation of the naira was also recognized in the work of Moser [23] as an important variable in the inflationary process in Nigeria. It was found that concurrency fiscal and monetary policies had a major influence on the impact of the depreciation of the naira on inflation. As observed by Oyejide [33] exchange rate depreciation often leads to increased local currency cost of imported inputs (raw materials and intermediate capital goods) and final goods via the cost-push inflation channel. He noted that since nontradable goods cannot be imported, an excess demand for them would translate into increased prices given the fixed nature of domestic supply in the short-run. This price increase according to him feeds directly into domestic inflation via the demand-pull route.

Hasil (Bahasa Indonesia) 2:

Telah diamati bahwa tren dalam perekonomian Nigeria setelah pengenalan Structural Adjustment Program (SAP), dan terkait devaluasi besar-besaran disertai dengan penghapusan subsidi minyak berikutnya adalah senada dengan pandangan di atas [6]. Menurutnya:
. Devaluasi naira yang seharusnya bekerja tanpa mengubah harga dalam negeri, tetapi devaluasi naira daun harga minyak tidak berubah secara internasional sebagai harga minyak selalu ditentukan dalam Dolar AS
Devaluasi naira itu juga diakui di karya Moser [23] sebagai variabel penting dalam proses inflasi di Nigeria. Ditemukan bahwa kebijakan fiskal dan moneter concurrency memiliki pengaruh besar pada dampak depresiasi naira pada inflasi. Seperti yang diamati oleh Oyejide [33] nilai tukar depresiasi sering menyebabkan peningkatan biaya mata uang lokal input impor (bahan baku dan barang modal menengah) dan barang jadi melalui saluran inflasi biaya-push. Dia mencatat bahwa sejak barang diperdagangkan tidak dapat diimpor, permintaan berlebih bagi mereka akan diterjemahkan ke dalam kenaikan harga mengingat sifat tetap pasokan dalam negeri dalam jangka pendek. Kenaikan harga ini menurutnya feed langsung ke inflasi domestik melalui rute tarikan permintaan.