$12bn Cash Payment To Service Foreign Debt In 2005 Was A Wrong Move –Fashola

A former governor of Lagos state and Nigeria’s Works and Housing Minister, Babatunde Fashola, has condemned the decision of 2005 Olusegun Obasanjo led government to pay $12 billion in cash to Nigeria’s creditors, out of the $30 billion sovereign debt in 2005. According to Fashola as at the time tackling infrastructure was the more smarter […]

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