The Synopsis and Impact of the Nigerian External Debt Management; A Conceptual Framework
Journal of Business Studies and Research, Vol. 4, No. 2, September-October 2006
11 Pages Posted: 4 Apr 2011
Date Written: March, 23 2011
Abstract
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 see the light under the tunnel. According to the recent CBN report, the Nigerian external reserve has risen to about $41.25 billion while the inflation rate has come down to 13 percent.
Keywords: Debt management
Suggested Citation: Suggested Citation
Okoye, Emmanuel Ikechukwu, The Synopsis and Impact of the Nigerian External Debt Management; A Conceptual Framework (March, 23 2011). Journal of Business Studies and Research, Vol. 4, No. 2, September-October 2006, Available at SSRN: https://ssrn.com/abstract=1793030
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