http://www.punchng.com/business/financial-punch/nigerias-external-debt-rose-to-6-53bn-in-2012/
Nigeria is borrowing a lot of money. The federal government has barrowed 850 mill with an increase of 15% which to The US isnt a lot since we are in trillions of dollars of debt but for such a small country with a low GDP it is way too much. Do you think Nigeria will be able to pay off their debts?
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