Legal and Political Aspect of Debt Cancellation
| dc.contributor.author | Adeyeye, Joel | |
| dc.date.accessioned | 2022-06-15T10:09:07Z | |
| dc.date.available | 2022-06-15T10:09:07Z | |
| dc.date.issued | 2006-04 | |
| dc.description.abstract | Against the recent total cancellation of about $50 billion debts of Africa's most poorest countries by the Western Creditors and the cancellation of 60% per cent debt which amounted to $18 billion owed by Nigeria by the Parish Club of creditors and the Resolution of the House of Representative in 2005 that Nigeria should no longer pay her foreign debts, because according to the House, Nigeria has paid more than double the debts. The huge debts owned by Nigeria and otherAfrican nations is as a result of long years of misrule by her past leaders, and it has being hanging as a Sword of Damocles over the heads of these nations for so long. The aim of this paper therefore is to trace the structure of the external debt, the sources of the debt, causes of the external debt, the external debt management and proper solutions for economic management for the country. | en_US |
| dc.identifier.issn | 07955464 | |
| dc.identifier.uri | http://dspace.run.edu.ng:8080/jspui/handle/123456789/3316 | |
| dc.language.iso | en | en_US |
| dc.publisher | NIGERIAN BAR ASSOCIATION | en_US |
| dc.title | Legal and Political Aspect of Debt Cancellation | en_US |
| dc.type | Article | en_US |