Nigeria Settles Paris Club Debt

Thought I should throw my tuppence worth in about this.

Finally we can see that the huge profits Nigeria accrues from oil are actually ending up in the right places, paying off debts that will mean the money can now be used for the development of the country. I am very happy about this, I wonder what other debts can now be paid off soon, and what we will now see happening in the country.

I'm a little worried that this is just political propaganda for the presidential election next year, it seems that this news would be a good excuse to keep Obasanjo in the Presidents seat.

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