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THE OVERVIEW OF PUBLIC DEBT AND ECONOMIC GROWTH IN NIGERIA (2010 – 2022)
ABSTRACT
This research project provides an overview of the relationship between public debt and economic growth in Nigeria from 2010 to 2022. The study aims to analyze the patterns, trends, and potential implications of public debt on the country’s economic growth during this period.
A quantitative research approach will be employed, utilizing secondary data from various sources such as the Central Bank of Nigeria, National Bureau of Statistics, and World Bank databases. The research objectives include examining the levels and composition of public debt in Nigeria, investigating the trends in economic growth, and exploring the relationship between public debt and economic indicators.
The findings of this research project will contribute to the existing body of knowledge by providing insights into the dynamics between public debt and economic growth in Nigeria. The research will analyze the levels and composition of public debt, considering factors such as domestic and external debt, debt servicing costs, and debt sustainability indicators. Additionally, the research will examine the trends in economic growth, including gross domestic product (GDP) growth rates, sectoral contributions, and employment figures. Furthermore, the research will explore the relationship between public debt and economic indicators, assessing the impact of debt on investment, government expenditure, fiscal policy, inflation, and external sector dynamics.
The implications of this research extend to policymakers, economists, and stakeholders in Nigeria’s economic development. The findings will inform policymakers about the patterns and implications of public debt on economic growth, enabling them to make informed decisions regarding fiscal management, debt sustainability, and economic policies. Economists can utilize the research findings to enrich economic models and theories related to public debt and economic growth. Additionally, stakeholders in Nigeria’s economic development can gain a better understanding of the challenges and opportunities associated with public debt, fostering informed discussions and collaborations.
In conclusion, this research project provides an overview of the relationship between public debt and economic growth in Nigeria from 2010 to 2022. By analyzing the patterns and trends, stakeholders can gain insights into the implications of public debt on the country’s economic development and formulate strategies to promote sustainable and inclusive growth
THE OVERVIEW OF PUBLIC DEBT AND ECONOMIC GROWTH IN NIGERIA (2010 – 2022), GET MORE PHD DISSERTATION BUSINESS EDUCATION MATERIALS HERE.
