External Debt vs. Domestic Debt: Comparative Impacts on Nigeria’s Economy

Authors

  • Ademola Ishola Pan-Africa Entrepreneurship and Vocational College of Education
  • J. A. Adeyokunnu Redeemer University of Nigeria
  • O. Bamisaye College of Entrepreneur & Vocational Studies of Nigeria

DOI:

https://doi.org/10.54099/ijhbm.v1i1.1489

Keywords:

Debt, , External Debt, , Domestic Debt , Economic Growth

Abstract

Public debt management is a key aspect of economic policy, particularly in developing economies like Nigeria, where debt accumulation has raised concerns about fiscal sustainability and economic growth. This paper evaluates Nigeria's public debt management strategies and their impact on economic growth. It examines the effectiveness of these strategies in ensuring debt sustainability while promoting economic development. Using secondary data from government publications, international financial institutions, and peer-reviewed articles, the study identifies challenges and provides policy recommendations for improved debt management and economic growth.

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Published

2025-09-17

How to Cite

Ishola, A., Adeyokunnu, J. A. ., & Bamisaye, O. . (2025). External Debt vs. Domestic Debt: Comparative Impacts on Nigeria’s Economy. International Journal of Human Behavior Management, 1(1), 25–35. https://doi.org/10.54099/ijhbm.v1i1.1489

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Articles