We are not only perpetually indebted to foreign financial institutions, banks and multilateral agencies; we are also heavily indebted to our local contractors, banks and individuals. The spirit of Unoka, the father of Okonkwo, the hero of Achebe’s classic novel Things Fall Apart must have possessed government leaders in Nigeria. For years now, a large portion of our national budgets are financed by deficits. If you ask Dr Ngozi Okonjo-Iweala and her ‘brother’ Green Nwankwo of the Debt Management ...
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Added June 13, 2012
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