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Effect of Debt Management on Economic Development in Nigeria: Evidence from Panel Regression Analysis

The key objective of this study was to determine the effect of debt management on economic development in Nigeria from 2000-2024. The study which was anchored on The Institutional Theory, utilized the ex-post facto research design given that the data already existed.. The sample size covers the entire Central Bank of Nigeria (CBN) and the Nigeria Bureau of Statistics (NBS). The findings of the study indicated that debt servicing cost has positive and significant effect on poverty and unemployment rate in Nigeria. Besides, Government fiscal deficit has positive and significant effect on poverty…

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    SHA-256 52cb371f1caf9a7a401032919458caee763929c9fdacd11ae82c1ea2104d9d30
    from https://iiardjournals.org/get/IJEFM/VOL. 10 NO. 9 2025/Effect of Debt Management 190-212.pdf