Influence Of Domestic Debt On Economic Growth Of Nigeria:- Ahizu Jennifer N
ABSTRACT
The study examined the influence ofdomestic
debt on growth ofNigeria. The specific objectives were to determine the
influence ofdomestic debt on economic growth ofNigeria, to evaluate the effect
of broad money supply on the Nigerian economy, to determine the effect
offoreign exchange rate on economic growth ofNigeria and to determine the
effect of inflation rate on economic growth in Nigeria. Secondary data was
usedfor the study and the data coveredfrom 1995 to 2015. The econometric tools
usedfor the analysis was regression analysis. The results indicated that
domestic debt has a positive and significant influence on economic growth in
Nigeria, money supply has a positive and significant influence on economic
growth in Nigeria, foreign exchange rate has a negative and insignificant
influence on economic growth in Nigeria. It was recommended that , there is
need to appraise the potential benefits ofall debtfinancial projects by
ensuring that the benefits would offset the debt servicing cost
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MICHAEL, U (2026). Influence Of Domestic Debt On Economic Growth Of Nigeria:- Ahizu Jennifer N. Repository.mouau.edu.ng: Retrieved Apr 21, 2026, from https://repository.mouau.edu.ng/work/view/influence-of-domestic-debt-on-economic-growth-of-nigeria-ahizu-jennifer-n-7-2
UNIVERSITY, MICHAEL. "Influence Of Domestic Debt On Economic Growth Of Nigeria:- Ahizu Jennifer N" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 21 Apr. 2026, https://repository.mouau.edu.ng/work/view/influence-of-domestic-debt-on-economic-growth-of-nigeria-ahizu-jennifer-n-7-2. Accessed 21 Apr. 2026.
UNIVERSITY, MICHAEL. "Influence Of Domestic Debt On Economic Growth Of Nigeria:- Ahizu Jennifer N". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 21 Apr. 2026. Web. 21 Apr. 2026. < https://repository.mouau.edu.ng/work/view/influence-of-domestic-debt-on-economic-growth-of-nigeria-ahizu-jennifer-n-7-2 >.
UNIVERSITY, MICHAEL. "Influence Of Domestic Debt On Economic Growth Of Nigeria:- Ahizu Jennifer N" Repository.mouau.edu.ng (2026). Accessed 21 Apr. 2026. https://repository.mouau.edu.ng/work/view/influence-of-domestic-debt-on-economic-growth-of-nigeria-ahizu-jennifer-n-7-2