Nigeria had been grappling with weak recovery from a recession in 2016, with GDP growth rate tapering around 2.3 percent in 2019. The debt service-to-revenue ratio has been at 60 percent for the past four years.
May 18, 2020
The economic impact of domestic responses to COVID-19: the case of Nigeria
The paper discusses Natural Resource Control and how it is affected by governance in Nigeria with focus on two oil-producing states. It also examines sub-national accountability in the use of natural resource revenues.
The paper analyses the impact of public debt on an economy using Nigeria as case study and identifies steady states in the model of a closed economy.