In Nigeria, the huge public debt is as a result of
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Correct Answer: Option B
Explanation:
A budget deficit typically occurs when expenditures exceeds revenue.
This is one of the major reasons for Nigeria huge debt profile. Government spends more than it generates in revenue.
A budget deficit typically occurs when expenditures exceeds revenue.
This is one of the major reasons for Nigeria huge debt profile. Government spends more than it generates in revenue.