Nigeria: Government Loans – Crocodile Tears in Kaduna, By Tonnie Iredia
April 22, 2024
[Vanguard] Across the globe, governments are known to borrow to make-up for the difference between their expenditures and the incomes they are able to raise from taxes and sundry sources. Thus, government borrowings have some advantages, the most prominent being that of executing huge infrastructural projects that can hardly be accommodated by readily available resources. It is therefore unfair to blame any administration that is able to articulate the expedience of government debts.
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