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Paper titleDEBT SERVICING AND ITS IMPLICATIONS FOR PUBLIC INVESTMENT: SPECIAL REFERENCE TO NIGERIA ECONOMY
Paper author
Prof. S. A. ISHOLA; J. A. ADEYOKUNNU, Ph.D; S. O. BAMISAYE, Ph.D; O. S. ALADEJUBELO,
Author Email
[email protected]
Abstract
This paper reviews the relationship between debt servicing and public investment in Nigeria, analysing how the nation's debt obligations influence its capacity to fund public projects. Utilizing data from various studies, the analysis reveals that increasing debt service payments can significantly inhibit public investment, thereby affecting economic growth and development. Keywords: Debt, Debt Servicing, Investment and Public Investment
This paper reviews the relationship between debt servicing and public investment in Nigeria, analysing how the nation's debt obligations influence its capacity to fund public projects. Utilizing data from various studies, the analysis reveals that increasing debt service payments can significantly inhibit public investment, thereby affecting economic growth and development. Keywords: Debt, Debt Servicing, Investment and Public Investment
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