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Nigeria: Debt cancellation

Categories: Sub-Saharan Africa, Nigeria, Economics & Business, Governance

Grandiose Parlor comments on the recent Nigerian debt cancellation [1]. He wonders how Nigerians have benefitted from the debt and where the loans were spent. …”What disturbs me the most is that a greater slice of this money ended in the pockets of a handful of retired generals and former top-level bureaucrats.”..