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Nigeria's Domestic Debt Hits N1.87 Trillion - Business - Nairaland

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Nigeria's Domestic Debt Hits N1.87 Trillion by isabi(m): 2:50pm On Jul 02, 2007
I was saddened by this horrifying headline by the media today. This according to the out-going Director-General of the Debt Management Office (DMO) is owed by the Federal and State Governments to various local contractors and banks alike.

This new development is going to open debate of the not rested issue of our foreign debt payment to our international lenders.

In the light of the foregoing, the question is:

Do you think we misplaced our priorities by paying off the international debt instead of the local debit?

Throw more light in your contribution, political, social or economic stand point.

You patriotic view are welcome.

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