Africa's Debt Crisis: Perspectives on Nigeria's Escape from External Debt Trap
In sharp contrast with the image of an "oil-rich" country, Nigeria is paradoxically a heavily indebted poor country. While the country's oil production reached 2.5 million barrels per day in 2004, its total external debt stock at the end of 2004 was estimated at $35.9 billion. The deb...
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Main Author: | Solomon O. Akinboye |
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Format: | Article |
Language: | English |
Published: |
Kennesaw State University
2010-06-01
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Series: | Journal of Global Initiatives |
Subjects: | |
Online Access: | https://digitalcommons.kennesaw.edu/jgi/vol1/iss2/1/ |
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