Productivity and Credit to Private Sector Nexus in Nigeria

Abstract:

This study examines the role of credit to private sector on finance for in Nigeria, with specific insight and implications for Nigeria’s over the period spanning 1980-2018. For this purpose, the study used secondary data from the annual reports of the central bank of Nigeria. Autoregressive distributed lag’ Co-integration test is employed using annual time series data. The results show that credit to private sector is a necessary determinant of finance for growth, productivity and sustainability in Nigeria.