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List and explain any 5 major causes of public debt in Nigeria?

Anonymous

∙ 12y ago

Updated: 11/11/2022

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

∙ 12y ago

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