Abstract
Using the civilian government of President Olusegun Obasanjo as the point of departure, this chapter explains the Nigerian debt crisis. In a thematic manner, this chapter presents Nigeria’s economic profile, accounts for its debt crisis and the predisposing factors, links the eventual debt relief to structural reforms, and recommends clear policy choices for promoting debt sustainability and development in Nigeria.
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Oshewolo, R., Oshewolo, S. (2021). Debt Crisis, Structural Reforms and Debt Relief. In: Ajayi, R., Fashagba, J.Y. (eds) Nigerian Politics. Advances in African Economic, Social and Political Development. Springer, Cham. https://doi.org/10.1007/978-3-030-50509-7_13
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