Daily Independent (Lagos)
8 Décembre 2008
It was at one time the 'conventional wisdom' (with due apologies to the economist John Kenneth Galbraith) that Nigeria was 'under-borrowed.' This infamous position had its heyday in the 1970s, when we were told that Nigeria's problem was "not making money but how to spend it"! The consequence was a borrowing binge to prove that the country was credit worthy. The unintended consequences are still ...
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