Impact Of Debt Servicing On Economic Growth Of Nigeria
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ABSTRACT
The study sought to investigate the impact of debt servicing on economic growth of Nigeria using time series data from 2000 to 2017. The dataset sourced from Central Bank of Nigeria Statistical Bulletin and National Bureau of Statistics (annual abstract) was analyzed using multiple regression analysis. Following the results of the regression analysis, it was found that external debt service had negative and significant impact on economic growth, while domestic debt service had positive and significant impact on economic growth. Based on the findings, it was recommended among other things that Debt Management Office (DM0) should set mechanisms in motion to ensure that loans are utilized for the purpose for which they were acquired.
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APA
CHIDINMA, D. P. (2021). Impact Of Debt Servicing On Economic Growth Of Nigeria. Michael Okpara University of Agriculture. Retrieved June 8, 2026, from http://repository.mouau.edu.ng/works/impact-of-debt-servicing-on-economic-growth-of-nigeria-7-2
MLA
CHIDINMA, DICKSON PRECIOUS. "Impact Of Debt Servicing On Economic Growth Of Nigeria." Michael Okpara University of Agriculture, 16 Jun. 2021, http://repository.mouau.edu.ng/works/impact-of-debt-servicing-on-economic-growth-of-nigeria-7-2. Accessed June 8, 2026.
Chicago
CHIDINMA, DICKSON PRECIOUS. "Impact Of Debt Servicing On Economic Growth Of Nigeria." Michael Okpara University of Agriculture (2021). Accessed June 8, 2026. http://repository.mouau.edu.ng/works/impact-of-debt-servicing-on-economic-growth-of-nigeria-7-2