ABSTRACT
The general objective of the study is to analyze the effect of deficit financing on Nigeria’s economic growth. Secondary data emanated from the publication of the Central Bank of Nigeria Statistical Bulletin, vol. 26, 2015 was utilized. The data collected spanned from the year 1981-2015. Augmented Dickey Fuller (ADF) unit root test, Johanson Co-integration test and Error Correction Model (ECM) were employed for the analysis and the finding shows that the all the variables were integrated of order 1(2) long-run relationship existed among them. The study therefore concluded that long run equilibrium relationships exist between dependent and independent variables. The research findings revealed that deficit financing through External debt borrowing has a significant negative effect on Nigeria’s economic growth. Also Domestic debt has a positive significant effect on Nigeria’s economic growth, while Debt service has no significant effect on Nigeria’s economic growth. The study therefore, recommends that Government should setup monitoring teams that will make sure that the budget is well and carefully implemented and as well as loan borrowed in other to reduce corruption and wastage.
EXCERPT FROM THE STUDY
In this study, our focus was to carryout an appraisal of factors militating against the effective implementation o...
Background to the Study
Poverty with its concomitant effects of alienation, marginalization and dependency poses serious...
EXCERPT FROM THE STUDY
Product cannibalization happens when a business chooses to substitute an existing product with a...
STATEMENT OF THE PROBLEM
Research has found that there are so man...
ABSTRACT
The incidence of the infestation of plasmodium species (P.Falciparum, P. Vivax, P.Ovale, and P...
Background of the study
Responsible governments worldwide, whether at the federal, state, or local levels, are concerned...
Background to the Study
Higher institutions in Nigeria have been saddled with the main responsibility o...
ABSTRACT
The study examined teacher's communication competence and effective lesson delivery u...
statement of the problem:
the worrisome living...
BACKGROUND OF THE STUDY
One of the human security issues that Nigerians face is insecurity. Several countries have strug...