ABSTRACT
This study examines the external debt burden and the economic growth in Nigeria. Data for the study are collected from the World Bank and Central Bank of Nigeria Statistical Bulletin. The variables on which data are sourced include gross domestic product, domestic debt, external debt, and real interest rate. Gross domestic product is the dependent variable while external debt, Domestic debt and real interest rate are the major explanatory variables. The scope of the study covers the period from 2002 to 2013 and data are analyzed using the ordinary least squares regression technique. The regression results indicate that external debt exerts a significant negative influence on economic growth and that external debt has a strong and significant more than domestic debt. The other factors are insignificant in explaining economic growth under this scenario. Thus, the study recommends a more purposeful borrowing pattern and revenue generation through profitable capital investments as the remedy for a foreign debt crisis in the country. The study also suggests a revival of abandoned industries as a more effective way of reducing foreign borrowing, creating employment opportunities and alleviating poverty in the country.
ABSTRACT
This study was carried out to examine the impact of emotional intelligence on academic performance of senior secondary school st...
Abstract:
The objectives of this study are to (1) evaluate the impact of strategic corporate social respon...
ABSTRACT
The chemotherapy of African trypanosomiasis, a fatal protozoal disease of man and animals is beset with many problems including...
Abstract: This study examines strategies for enhancing infrastructure for practical trainin...
STATEMENT OF THE PROBLEM
The recent alarm on rising global incidence of biopsies by the World Health Organisation (WHO) should worry area...
Abstract
The methodology of the experiment involves three main stages. The first part describes the synthesis of the PF (novolac) resins....
THE ROLE OF FIDUCIARY ACCOUNTANTS IN LITIGATION SUPPORT
Abstract: Fiduciary accountants play a crucial role in litigation support, provid...
ABSTRACT
The study analysed the performance of students in three public and four private senior secondary schools within Giwa Education Z...
ABSTRACT
This research project is aimed at determining the impact of promotional strategies of pharmaceutical firms on c...
STATEMENT OF THE PROBLEM
With the realization of the importance of attention in decision-making process in consumer beha...