The essence of the book is to provoke further academic and research interests in the subject of study. Employing empirical data in analysing external debt, corruption and Nigeria's economy, the book in a unique manner lends credence to theoretical studies on the subject matter of external debt and arrives at a definitive verdict that, all things been equal, the corruption level in the country decreases as resources meant for welfare and development upon which corruption feeds, are channeled into creating job opportunities and payment of workers' salaries.