Impact Of Debt Servicing On Economic Growth Of Nigeria:- Dickson Precious C
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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DICKSON, C (2026). Impact Of Debt Servicing On Economic Growth Of Nigeria:- Dickson Precious C. Repository.mouau.edu.ng: Retrieved Feb 17, 2026, from https://repository.mouau.edu.ng/work/view/impact-of-debt-servicing-on-economic-growth-of-nigeria-dickson-precious-c-7-2
CHIDINMA, DICKSON. "Impact Of Debt Servicing On Economic Growth Of Nigeria:- Dickson Precious C" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 17 Feb. 2026, https://repository.mouau.edu.ng/work/view/impact-of-debt-servicing-on-economic-growth-of-nigeria-dickson-precious-c-7-2. Accessed 17 Feb. 2026.
CHIDINMA, DICKSON. "Impact Of Debt Servicing On Economic Growth Of Nigeria:- Dickson Precious C". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 17 Feb. 2026. Web. 17 Feb. 2026. < https://repository.mouau.edu.ng/work/view/impact-of-debt-servicing-on-economic-growth-of-nigeria-dickson-precious-c-7-2 >.
CHIDINMA, DICKSON. "Impact Of Debt Servicing On Economic Growth Of Nigeria:- Dickson Precious C" Repository.mouau.edu.ng (2026). Accessed 17 Feb. 2026. https://repository.mouau.edu.ng/work/view/impact-of-debt-servicing-on-economic-growth-of-nigeria-dickson-precious-c-7-2