A CRITICAL EVALUATION OF NIGERIA’S DEBT/MANAGEMENT/POLICIES


ABSTRACT
Nigeria, the giant of Africa is at mercy of her creditors for meaningful
economic worthiness of goodwill or both. It therefore calls for urgent
appraisal.
This project focuses on Nigeria’s debts, cause, problem and
prospects in one axis. At another angle, it evaluates some of the debt
management policies put in place so far and proffers solution/recommendations
geared towards nailing the debt saga to a halt.
This work no doubt will benefit individuals, groups
and others in all forms of its reunifications.  
TABLE OF
CONTENT
Title page                                                                                      i
Certification                                                                                  ii
Dedication                                                                                    iii
Acknowledgment                                                                          iv
Abstract                                                                                       v
Table of content                                                                           vi
CHAPTER ONE: INTRODUCTION
1.1     Background of the Study                                                   1
1.2     Statement of the Problem                                                   4
1.3     Objectives of the Study                                                      5
1.4     Significance Of The Study                                                 6
1.5     Definition of terms                                                             7
1.6     Scope of the work                                                             8
1.7     Limitation of the study                                                                 8
1.8   Organization of the study                                                     9
References                                                                       10       



CHAPTER TWO: LITERATURE
REVIEW
2.1     Historical Perspective of Nigeria’s Debt                             11
2.2     Structure Of Nigeria’s Debt                                                15
2.3     The Implication Of Nigeria’s Debt
Burden                         17
2.4     Major Causes Of Nigeria’s Debt                                         20
2.5     Debt Management Strategies
Adopted By the
Nigeria’s Government                                                        26
2.6     The origin of Debt
Conversion                                          46
2.7     Background of Nigeria Debt
Conversion Programme        47
2.8     Mode of Debt Conversion                                                  49
2.9     Conversion Procedure                                                       50
2.10    Problem and Prospects Debt
Management in Nigeria
        55
2.11    Prospect for effective Debt
Management                            59
References                                                                         62     
CHAPTER THREE: RESEARCH
METHODOLOGY
3.1     Introduction                                                                       65
3.2     Population of the Study                                                     66
3.3     Sampling Procedures                                                         66
3.4     Data Collection                                                                  67
3.5     Method of Analysis                                                                      68
CHAPTER FOUR: DATA
PRESENTATION, ANALYSIS AND
   INTERPRETATION
4.1     Introduction                                                                       69     
4.2     Data Needed and Its
Interpretation                                     69
4.3     Discussion of Findings                                                      83
CHAPTER FIVE: SUMMARY, CONCLUSION & RECOMMENDATION
5.1     Summary                                                                           91
5.2     Conclusion                                                                        93
5.3     Recommendations                                                            96
Bibliography                                                                      101
Appendix                                                                           104
Questionnaire                                                                    105
CHAPTER ONE
INTRODUCTION
1.1         
BACKGROUND TO THE STUDY

Most economics especially those in the third
world have at one ti

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