Debt Management Strategies at State Government level

The study examines the debt management strategies at the state government level. The significant impact variables used herein include the Bauchi state government¿s debt trend (from 2008 to 2014), and Nigeriäs external debt value, domestic debt value and total debt value. Data for the study were primary and secondary data drawn from Debt Management Agency, Bauchi and analysed with Chi-square. The analysis focuses on whether or not the Bauchi state government has the problem of managing its debt; whether or not Bauchi state debt management policies are effective; and whether or not Bauchi state government intervention has significant improvement on debt management. The study found that the Bauchi state government has a problem managing its debt; Bauchi state debt management policies are not effective; and, Bauchi state government intervention has significant improvement on the debt management of Bauchi state. For the Bauchi state government of Nigeria, the study equally recommends an optimal mix of external and domestic debts in the public debt portfolios and channelling acquired loans to productive activities.