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List and explain any 5 major causes of public debt in Nigeria?
Wiki User
∙ 11y ago
Basicallay, there are various causes of public debt in Nigeria, among which are as follows:
1. to bridge budget deficit
2. to finance capital and developmental projects
3. to finance short and medium term loans
4. to take care of natural calamities
5. etc
Wiki User
∙ 11y ago
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