The 17-year-old Spanish striker has made a hugely impressive start to the season, scoring back-to-back hat-tricks as City's EDS squad opened up with a 6-5 win over reigning champions Arsenal and a 6-4 victory against West Ham.
Touaizi was also on the scoresheet in the Club’s Checkatrade Trophy clash away at Shrewsbury Town last week.
Altogether nine players are on the list, which was decided by the League's Football Development Panel after PL2 club managers nominated the best performance by an opposing player in each of their August fixtures.
The full list of PL2 Player of the Month nominees is:
Aaron Connolly (Brighton), Angel Gomes (Manchester United), Viktor Gyokeres (Brighton), Tariq Lamptey (Chelsea), Danny Loader (Reading), Luke Molyneux (Sunderland), Layton Ndukwu (Leicester), Xande Silva (West Ham), Nabil Touaizi ( Manchester City).
The winner will be announced on Monday, September 10.