In the-early periods of 1980's, debt and its management, causes and consequences were hardly subjects of immense national concern. During that period, Nigeria was considered under borrowed by the international financial community and most creditors were eager and willing to lend to Nigeria....

Indeed the burden of the external debt is the cankerworm that has bedeviled not only African counties but the third world counties as a whole. In this paper, the authors carefully "x-rayed" the scenario and arrived at a conclusion that with pragmatic and sustained economic reform, Nigeria will...

An issue of concern which the Nigeria government must study and know its various ramifications is that of debt. Government should borrow for reasons of economic compulsion or for furthering economic and social development and not for the sake of borrowing. Nigeria, like most Third-World...

In the early periods of 1980's, debt and it's management, causes and consequences were hardly subjects of immense national concern. During that period, Nigeria was considered under borrowed by the international financial community and most creditors were eager and willing to lend to Nigeria