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EFFECT OF DEBT MANAGEMENT ON INFRASTRUCTURAL DEVELOPMENT OF THE NIGERIA ECONOMY

📘 Volume 8 📄 Issue 9 📅 september 2021

👤 Authors

Ozue Clement Chuks , Okenwa C. Y. Ogbodo 1
1. ASSISTANT CHIEF AUDITOR, INTERNAL AUDIT, UNIVERSITY OF DELTA

📄 Abstract

The study empirically examined the effect of debt management on infrastructural development of the Nigeria economy. Ex- post facto research design was adopted for the study. Data was collected through secondary sources from the archive of Central Bank of Nigeria (CBN) and Debt management Office of Nigeria (DMON). The data analysis was done using Ordinary Least Square (OLS) regression technique. The population of study consists of the federal government of Nigeria, the thirty- six state governments in Nigeria and the Federal Capital Territory (FCT) bringing the total population to thirty â?? eight (38). The same number serves as the sample size. The major findings showed that debt servicing and interest rate appeared with negative relationship on infrastructural development. It is recommended that government should apply appropriate policies with respect to debt variables for sustaining development in infrastructure.

🏷️ Keywords

Public debt management infrastructural development.

🔗 DOI

View DOI - (https://doi.org/10.36713/epra8481)

📚 How to Cite:

Ozue Clement Chuks , Okenwa C. Y. Ogbodo , EFFECT OF DEBT MANAGEMENT ON INFRASTRUCTURAL DEVELOPMENT OF THE NIGERIA ECONOMY , Volume 8 , Issue 9, september 2021, EPRA International Journal of Economics, Business and Management Studies (EBMS) , DOI: https://doi.org/10.36713/epra8481

🔗 PDF URL

https://cdn.epratrustpublishing.com/article/1142pm_10.EPRA JOURNALS 8481.pdf

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