Examining the Implications of Public Debt for Job Creation and Financial Security in Nigeria

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Documentary analysis reveals public debt influences employment rates and financial stability in Nigeria, suggesting fiscal policy reforms.

Increasing levels of public debt can hinder job creation, resulting in a higher unemployment rate due to reduced private investment.
The study indicates that effectively managed public debt can stimulate job creation, yet poor management exacerbates fiscal deficits.
Documentary research examined the implications of public debt on employment rates, linking fiscal policies with labour market responses.
This analysis calls for strategic allocation of public debt to projects with high economic returns, fostering infrastructure development.

Sani et al. (2025) studied this question.

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Documentary analysis reveals public debt influences employment rates and financial stability in Nigeria, suggesting fiscal policy reforms.