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Domestic Debt Burden and Economic Growth in Nigeria (1981 - 2014)

Authors: AKINTOLA Abolade

Publication Type: Journal article

Journal: International Journal Of Innovative Research & Development

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Abstract

The paper investigates domestic debt burden and economic growth in Nigeria from 1981 to 2014. Ex-post facto research
design was adopted in this study with data obtained from Central Bank of Nigeria statistical Bulletin, publication from
National Bureau of Statistics and annual report from Debt Management Office. Regression analysis of ordinary least
square (OLS) was used to analyse secondary data obtained. The results of ADF, Co-integration and Johansen Juselius
showed that domestic debt contributes to growth rate of Gross Domestic Product (GDP). The study therefore
recommends that domestic debt should be well managed and spends on long-term developmental project that would
impact positively on the welfare of the citizens.

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AKINTOLA,A. . (2020). Domestic Debt Burden and Economic Growth in Nigeria (1981 - 2014), 9 (), 1-1.

AKINTOLA,A. . "Domestic Debt Burden and Economic Growth in Nigeria (1981 - 2014)" 9, no (), (2020): 1-1.

AKINTOLA,A. and . (2020). Domestic Debt Burden and Economic Growth in Nigeria (1981 - 2014), 9 (), pp1-1.

AKINTOLAA, . Domestic Debt Burden and Economic Growth in Nigeria (1981 - 2014). 2020, 9 ():1-1.

AKINTOLA,Abolade , . "Domestic Debt Burden and Economic Growth in Nigeria (1981 - 2014)", 9 . (2020) : 1-1.

A.Abolade , "Domestic Debt Burden and Economic Growth in Nigeria (1981 - 2014)" vol.9, no., pp. 1-1, 2020.

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