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£69.99

History and Problems of Nigeria’s Public Debt, 1900-2017

Abraham E. Nwankwo

£69.99

Spanning 118 years, this history of Nigeria's public debt uncovers lessons from past successes and failures. It finds that political leadership is a decisive factor for sustainability, offering guidance for Nigeria and all developing economies.

The book lays the foundation for continuous documentation of the story of Nigeria’s public debt. It is unique in starting from the country’s very beginnings…
£69.99
£69.99
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The book lays the foundation for continuous documentation of the story of Nigeria’s public debt. It is unique in starting from the country’s very beginnings around 1900, and in covering a period of 118 years, which includes both periods before and after the country’s institutionalization of public debt management in 2000. The investigation, analysis and narration of the challenges, mistakes, successes, and implications of Nigeria’s public debt policies, strategies, and practices, over a period of nearly twelve decades, produce findings for learning lessons to shape future policies, strategies, and practices, not only for Nigeria but also for all less developed economies. The key findings include: political leadership is a decisive factor for public debt sustainability; a well-functioning debt management institution capable of mobilizing funds from the markets could be a curse when combined with irresponsible political leadership and a profligate fiscal authority. The book will be an incisive textbook and reference material for students, scholars and professionals of economic thought, economic history, public finance, public debt, public administration, political science, and sociology. It will also be a great asset to policy makers and the general public.

Abraham E. Nwankwo holds PhD, MSc and BSc degrees in economics, from the University of Nigeria, Nsukka, where he also taught economics. Currently, he is a Professor of Practice in Economics at MIVA Open University, Nigeria’s first private open university. His working experience spans journalism, university lecturing, banking, and public debt management. He was director-general of Nigeria’s Debt Management Office from 2007 to 2017. Currently, he is the executive chairman of Abraham Strategies Limited, which offers consultancy services in economy, business and politics. He has executed training and capacity-building assignments in public debt management for several African countries. Nwankwo has authored over fourteen peer-reviewed journal articles. He has also published six books before this one, including two in economics, and four in drama, poetry and fiction.

Hardback

  • ISBN: 1-0364-6606-X
  • ISBN13: 978-1-0364-6606-0
  • Date of Publication: 2026-02-03

Ebook

  • ISBN: 1-0364-6607-8
  • ISBN13: 978-1-0364-6607-7
  • Date of Publication: 2026-02-03

Subject Codes:

  • BIC: KCZ, KCM, KCP
  • BISAC: BUS051000, BUS023000, BUS068000, POL024000, POL023000, POL053000
  • THEMA: KCZ, KCM, KCP
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