An Analysis Of External Debt And Economic Growth In Nigeria, (1992 – 2004).

ABSTRACT

External borrowing is a source through which many countries source revenue for development and economic growth of their countries. But this revenue can only help solve the problems of gross under – development when judiciously utilized. 

The burden of Nigeria’s external debt is more than the country can bear and the state of economic growth in the country is hampered due to debt crisis.

The debt problem facing Nigeria is concerned on how to stop incurring more debts and device a way of servicing the existing debt without causing some distortions in the economy. For effective and efficient debt servicing, factors that hiders it has to be taken care of i.e. domestic financing policies, debt management and external economic environment.

External debt affects the economic growth, the level of money supply and employment in the country. So, Nigeria can solicit for debt cancellation from it’s creditors and also adopt debt management as pat of it’s macro economic policies of the nation and finally engage in productive projects. 

TABLE OF CONTENT

TITLE PAGE

APPROVAL PAGE

DEDICATION

ACKNOWLEDGEMENT

ABSTRACT

TABLE OF CONTENT

CHAPTER ONE

0.0INTRODUCTION

1.1 BACKGROUND OF STUDY

1.2 STATEMENT OF PROBLEM

1.3 OBJECTIVE OF THE STUDY

1.4 RESEARCH QUESTION

1.5 RESEARCH HYPOTHESIS

1.6 SIGNIFICANCE OF THE STUDY

1.7 SCOPE, LIMITATION AND DELIMITATION 

1.8 DEFINITION OF TERMS

REFERENCES

CHAPTER TWO

REVIEW OF RELATED LITERATURE

2.0 INTRODUCTION

2.1 DEFINITION OF EXTERNAL DEBT AND ECONOMIC GROWTH

2.2 CAUSES OF EXTERNAL DEBT CRISIS IN NIGERIA

2.3 CONSEQUENCES OF NIGERIA’S EXTERNAL DEBT

2.4 THE NATURE OF ECONOMIC GROWTH IN NIGERIA

2.5 CONDITIONS FOR RAPID ECONOMIC GROWTH IN NIGERIA

2.6 STRUCTURE OF NIGERIA’S EXTERNAL DEBT

2.7 NIGERIA’S DEBT MANAGEMENT STRATEGIES

2.8 PROBLEMS AND PROSPECTS OF NIGERIA’S EXTERNAL DEBT       

      MANAGEMENT

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1 RESEARCH DESIGN

3.2 RESEARCH METHODOLOGY

3.3 AREA OF STUDY

3.4 LOCATION OF DATA

3.5 DESCRIPTION OF POPULATION

3.6 SAMPLE SIZE 

3.7 INSTRUMENT OF DATA COLLECTION 

3.8 METHOD

3.9 TECHNIQUES OF DATA ANALYSIS

REFERENCE

CHAPTER FOUR

DATA PRESENTATION ANALYSIS AND INTERPRETATION

4.1 PRESENTATION OF FOR HYPOTHESIS

4.2 TEST OF HYPOTHESIS ONE

4.3 PRESENTATION DATA FOR HYPOTHESIS TWO

4.4 PRESENTATION FOR HYPOTHESIS THREE

REFERENCES

CHAPTER FIVE

SUMMARY OF FINDINGS, RECOMMENDATION AND CONCLUSION

5.1 SUMMARY OF FINDINGS

5.2 RECOMMENDATION

5.3 CONCLUSION

BIBLIOGRAPHY