MONDAY QUARTER-BACKING: Debt Relief and Nigeria
- To Emit or not to Emit $12 billion
By
Mobolaji E. Aluko, PhD
Burtonsville, MD, 20866, USA
August 22, 2005
Introduction
After much hoopla and many
cerebral and not-so-cerebral altercations in the media between government
officials (notably President Obasanjo, Finance Minister Dr. Okonjo Iweala,
presidential spokesperson Mrs. Remi Oyo, DMO Director Dr. Mansur Muhtar, etc.)
and non-governmental citizens (journalist Simon Kolawole, economist Dr. Chu
Okongwu, lawyer Akpo Mudiaga Odje, etc.), the implications of the recent
announcement (on June 29, 2005; see announcement below In Appendix I) inviting
Nigeria to begin new debt relief terms negotiations with Paris Club members
