THE NIGERIAN DEBT PROBLEM NATURE AND IMPACT

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Date
1994-07
Authors
BELLO, USMAN MUSA
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Abstract
This thesis is focused on the nature, extent and impact of the Nigerian Debt problem. The study therefore aims at determining the genesis of the debt problem, its magnitude, the debt management strategies being employed to cushion its impact on the economy and how effective they have been. The work is presented in Five Chapter, the first and last chapters being the Introduction and Summary, Conclusions and Recommendations respectively. In the second chapter, the Macro-economic framework of Nigeria was examined. Thereafter debt management was deliberated upon an attempt to provide a background to the study. In the concluding part of chapter two, the Nigerian Debt problem was discussed. The basic methodology used and reviewed in the Third chapter was the historical method with an emphasis on descriptive analysis rather than econometric analysis due to the dearth of statistical data on the topic. Presentation of data and analysis was carried out in the fourth chapter according to certain economic indicators generally used for determination of debt burden such as debt service ratios and debt to exports ratios. Finally conclusion were drawn from the study and suggestions made on the strategies to be utilized towards ameliorating the pressures of the debt burden and permit the National economy to experience real positive growth.
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BEING A PROJECT SUBMITTED TO THE DEPARTMENT OF BUSINESS ADMINISTRATION, A.B.U. ZARIA IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF MASTERS IN BUSINESS ADMINISTRATION (M.B.A) JULY, 1994
Keywords
NIGERIAN,, DEBT PROBLEM,, NATURE,, IMPACT.
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