Impact of government borrowing on the economic growth and development in Nigeria (2005-2020) Department: Accountancy By: Ayodeji Project ID: 6937 Rating: (5.0) votes: 1Rate this project12345 Price:₦4000 Get the Complete MaterialAbstractThis study examines the impact of government borrowing on economic growth and development in Nigeria (2005-2020). The objectives were to examine the effect of external debt on economic growth and development in Nigeria, to analyze the relationship between domestic debt and economic growth and development in Nigeria, and to investigate the extent of public debt service on economic growth and development in Nigeria. The study employed ex-post facto research design and the researcher adopted the period of the population as sample size (2005– 2020). Secondary source was used for this study and the study utilizes time series data which was sourced from the Central Bank of Nigeria (CBN) statistical bulletin 2005-2020. Statistical Package for Social Science (SPSS) was used as the statistical tool. The study found there is a positive relationship between government borrowing and economic growth and development in Nigeria because there is a presence of correlation among the variable examined the study. Furthermore, it was revealed that the external debt of the government does not have an insignificant on economic growth and development. Finally, the study found that there is a significant relationship between public debt service and economic growth and development. Based on these findings, the study concluded that government borrowing has a significant effect on the economic growth in Nigeria. Therefore, the study recommended that the cost of governance should be reduced so as to enable proper utilization of the available funds for development purposes and an enabling environment must be created to enhance investment in the Nigerian economy....Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )