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2006-04-22 Africa Subsaharan
Nigeria shakes debt burden
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Posted by Fred 2006-04-22 00:00|| || Front Page|| [1 views since 2007-05-07]  Top

#1 Does cleared mean paid?
Posted by 6 2006-04-22 09:41||   2006-04-22 09:41|| Front Page Top

#2 6 - lol!! you joker you!!
Posted by 2b 2006-04-22 11:15||   2006-04-22 11:15|| Front Page Top

#3 Nigeria has paid off its multi- billion dollar Paris Club debt, becoming the first African nation to settle with its official lenders.

Nigeria agreed to pay the Paris Club $12.4bn (£8.2bn) in exchange for the remainder of its $30bn official debts being written off.

After the $4.6bn payment, Nigeria still will owe about $5bn to other lenders, including the World Bank and the private sector.
Posted by john 2006-04-22 12:10||   2006-04-22 12:10|| Front Page Top

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