Impact Of External Debt On The Economic Growth Of Nigeria (1990-2009)
ABSTRACT
The study is on
disaggregated components of domestic debt on the economic growth of Nigeria.
With the aid of SPSS statistical package-version 20, the impact of the
disaggregated components of domestic or internal debt on economic growth of
Nigeria for the period 1990-2009 was ascertained. The result shows that the
level of economic growth in Nigeria bears a significant_relationship with her
domestic debt profile and thus, demands closer watch for effective policy
decisions. While debts incurred via the FGN Bonds proved to be positive
significant contributors to economic growth in Nigeria, treasury bonds,
promissory notes and development stock had a negative relationship with
economic growth in Nigeria. We equally observed a positive relationship between
treasury bills, treasury certificates and .economic growth in Nigeria, though
they were not statistically significant. Thereafter, policy implications of
results were raised and necessary suggestions and recommendations proffered .
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IGBOKWE, O (2023). Impact Of External Debt On The Economic Growth Of Nigeria (1990-2009). Mouau.afribary.org: Retrieved Nov 17, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-external-debt-on-the-economic-growth-of-nigeria-1990-2009-7-2
OTUOMASIRICHI., IGBOKWE. "Impact Of External Debt On The Economic Growth Of Nigeria (1990-2009)" Mouau.afribary.org. Mouau.afribary.org, 16 Oct. 2023, https://repository.mouau.edu.ng/work/view/impact-of-external-debt-on-the-economic-growth-of-nigeria-1990-2009-7-2. Accessed 17 Nov. 2024.
OTUOMASIRICHI., IGBOKWE. "Impact Of External Debt On The Economic Growth Of Nigeria (1990-2009)". Mouau.afribary.org, Mouau.afribary.org, 16 Oct. 2023. Web. 17 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-external-debt-on-the-economic-growth-of-nigeria-1990-2009-7-2 >.
OTUOMASIRICHI., IGBOKWE. "Impact Of External Debt On The Economic Growth Of Nigeria (1990-2009)" Mouau.afribary.org (2023). Accessed 17 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-external-debt-on-the-economic-growth-of-nigeria-1990-2009-7-2