Abstract: Every economy in the world borrows. However, excessive borrowing may also make an economy to be a perpetually indebted nation, therefore before an economy borrows she should spell out the project the fund would be engaged in order to avoid over servicing of debt. We examined the nexus between debt, debt service and economic growth: an empirical analysis of Nigeria economy with data ranging from 2012 to 2019 that was extracted from debt management office and statistical bulletin of Nigeria using regression analysis to test our hypotheses with the help of e-view. Our findings revealed that debt with a statistical value of 0.2232, and debt servicing with a statistical value of 0.4134 are not the factors behind economic growth in Nigeria. We also found out that our independent variables....
Keywords: Debt, Debt Servicing, Economic Growth, Nigeria..
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