External Debt Management And Its Effect On The Growth Of The Nigeria Economy (1995-2017):- Onyekwere Choice N
ABSTRACT
This research work was aimed at
ascertaining the effect of debt management on economic growth in Nigeria.
Ex-post facto research design was adopted for the study. While data on Real
Gross Domestic Product (RGDP), External Debt, loan repayment and exports revenue
were used as obtained from Central Bank ofNigeria Statistical Bulletin, 2017.
The period of study was 1995-2017. Model was formulated and data were analyzed
using Ordinary Least Square. The dependent variable was RGDP, while the
explanatory variables were external debt, loan repayment and export revenue. It
was discovered that external debt had a positive and significant effect on Real
Gross Domestic Product. Also, loan repayment had a negative and significant
effect on Real Gross Domestic Product, exports had a positive and significant
effect on RGDP. The study recommended amongst others, that through proper
monitoring, Debt ManagementOffice (DM0) should ensure that loans are utilized
for the purpose for which they were acquired.
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MICHAEL, U (2026). External Debt Management And Its Effect On The Growth Of The Nigeria Economy (1995-2017):- Onyekwere Choice N. Repository.mouau.edu.ng: Retrieved Apr 28, 2026, from https://repository.mouau.edu.ng/work/view/external-debt-management-and-its-effect-on-the-growth-of-the-nigeria-economy-1995-2017-onyekwere-choice-n-7-2
UNIVERSITY, MICHAEL. "External Debt Management And Its Effect On The Growth Of The Nigeria Economy (1995-2017):- Onyekwere Choice N" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 28 Apr. 2026, https://repository.mouau.edu.ng/work/view/external-debt-management-and-its-effect-on-the-growth-of-the-nigeria-economy-1995-2017-onyekwere-choice-n-7-2. Accessed 28 Apr. 2026.
UNIVERSITY, MICHAEL. "External Debt Management And Its Effect On The Growth Of The Nigeria Economy (1995-2017):- Onyekwere Choice N". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 28 Apr. 2026. Web. 28 Apr. 2026. < https://repository.mouau.edu.ng/work/view/external-debt-management-and-its-effect-on-the-growth-of-the-nigeria-economy-1995-2017-onyekwere-choice-n-7-2 >.
UNIVERSITY, MICHAEL. "External Debt Management And Its Effect On The Growth Of The Nigeria Economy (1995-2017):- Onyekwere Choice N" Repository.mouau.edu.ng (2026). Accessed 28 Apr. 2026. https://repository.mouau.edu.ng/work/view/external-debt-management-and-its-effect-on-the-growth-of-the-nigeria-economy-1995-2017-onyekwere-choice-n-7-2