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Finance and Financial Management

Selected Works

2008

Deficit financing

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Deficit Financing Grill: Theoretics And Reflections On Nigeria's Transitional Military Dispensation: 1989-2000, Daibi W. Dagogo Dec 2007

Deficit Financing Grill: Theoretics And Reflections On Nigeria's Transitional Military Dispensation: 1989-2000, Daibi W. Dagogo

Daibi W Dagogo

This study diagnosed the realities of deficit financing, which the on-going democratic government of Federal Republic of Nigeria has seemingly inherited from the erstwhile transitional military administration of the 1990s. Cardinal data volunteered by Central Bank of Nigeria (CBN), Federal Office of Statistics (FOS), Nigeria Economic Study Group (NESG), and Centre for Corporate Policy & Strategy Research (CCPSR) were analyzed using correlation statistical apparatus. The results underscored more dissociation than association between deficit financing and specified macroeconomic enhancement variables. In the final analysis, deficit financing prevails in Nigeria as a bitter recipe whose administration could be more to the detriment …