International records / OpenAlex research

Impact of Public Debt on Infrastructural Development in Nigeria (1990 – 2025)

This paper examines the impact of public debt on infrastructural development in Nigeria from 1990 to 2025. Infrastructure is crucial for economic growth and improving living standards, however, Nigeria faces a large infrastructure deficit after decades of underinvestment. To address this, the government has borrowed substantially, both domestically and externally, to finance infrastructure projects. This study investigates how the accumulation of public debt and debt servicing has affected capital expenditure and infrastructure outcomes. An autoregressive distributed lag (ARDL) model is employ…