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ABSTRACT
This research project delves into the intricate relationship between Nigeria's economic growth and its external debt, examining historical trends, borrowing patterns, and economic indicators. Employing a comprehensive Debt Growth Model and Multiple Linear Regression analysis, the study assesses the impact of variables such as government expenditure, foreign direct investment, external debt, imports, and exchange rates on Nigeria's Gross Domestic Product (GDP). Through meticulous data evaluation and critical analysis, the research aims to provide valuable insights into the dynamics of Nigeria's economic landscape, shedding light on the ef ectiveness of external financing and its implications for the nation's development.
