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The Nigerian Government’s Seemingly Endless Effort to Correct Misinformation About the Country’s Debt

Nigeria’s Debt Management Office, once again, issued a breakdown of the country’s debt to external creditors in a bid to push back against the widely-held, yet misinformed perception that the country is in debt beyond its capacity — mostly to China.

On Friday, the DMO responded to a Freedom of Information request from a law firm that wanted to know about “external loans of $76 billion incurred by the federal government.”

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