Category: Nigeria

Loot: Government recovers N66 billion

(July 14, 2000) Money recovered so far from members of past administration has risen by N66 billion ($66 million), from N6.88 billion.

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Larry Summers, US Treasury secretary, breaks up creditor consensus on Nigeria

(June 16, 2000) US Treasury Secretary Larry Summers has reversed US government policy and broken the consensus of creditors, by agreeing that Nigeria should be granted “multilateral debt reduction ….by the international financial community”.