Effect of Public Debt on Sustainable Economic Growth in Nigeria

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This paper investig~t.e~i,'tbe .effect o~ public debt b~trd.en on economic growth and 'de.veloprrient of Nigeria. The resul:ls· ~·f this study confirm that 'there is·" significant relationship between debt anci ·Ec:onomic gro~th. The paper suggests that debt relief would have positive impact on U1\;estinent. and growth: ~urthermbre, goven~ent needs to ~tep-up its growth per'formahc'e Clncl use concessionCll debt with lower interest rate in order' to keep the 'debt at sustCI'il•able leveJ

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H Social Sciences (General), HM Sociology

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