0
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
Add your answer:
Earn +20 pts
What are the problem of business finance in Nigeria?
Finance the major challenge in Nigeria .discuss
Major problem of efcc in Nigeria?
problem of EFCC in Nigeria
How many seaports are in Lagos Nigeria?
There are 8 major seaports in Nigeria.
What is the postcode of all the major cities in Nigeria?
what is postcode for port harcourt in nigeria
What tribes does Nigeria have?
The three major tribes in Nigeria are: Hausa, Igbo, and Yoruba.
Hausa Yoruba and Igbo are major language in what West African country?
Nigeria.
Who are major allies of Chad?
major allies of chad are nigeria and morroco
What great river is in Nigeria?
Niger River The two major rivers in Nigeria are the Niger, and the Benue.
What is nigeria's major source of income?
Petroleum
What is a major lake in nigeria?
Lake Chad
What is Nigeria's major natural resource and largest export?
Nigeria's major natural resources is located in south west.
Is Nigeria a major oil producer?
Nigeria produces 3 million barrels (of oil). OPEC member Nigeria from July 1971 has been.
