THE IMPACTS OF INTERNAL DEBT ON ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA
ABSTRACT The fall in international price of crude petroleum in early 1980’s caused government revenue to fall. As a result, government of Nigeria was forced into borrowing (both internal and external) to maintain her expenditure pattern. The objective of this study is to focus on investigating the impact of internal debt on Economic growth and development in Nigerian. Economic arguments alone are not sufficient to explain this behavior, therefore ...
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