Impact Of External Debt On Economic Growth In Nigeria

This work examines the impact of external debt flow on Nigerian economic growth.CHAPTER ONEINTRODUCTION1.1 BACKGROUND TO THE STUDYA very crucial goal for any reasonable government is to attain a sustainable economicgrowth. To attain this vital goal it may have to finance crucial infrastructure projects and to investin development of productivity. As the result of productive investments, a country shouldexperience growth in its economy and a rise in the level of GDP. However, most developed anddeveloping economies face a shortage in finance necessary to aid their developmental projects. Oneof t…