The reason of paying outrageous debt isn't far fetched; some public officials are kleptomaniac in nature: they steal more than what they need. Recently, a federal minister responsible for the Mambilla and Zungeru hydro electric power projects was jailed for 75 years for stealing multi-billion Naira. These wicked government officials steal and pile up debt for upcoming generations. It's unfortunate
RE: Nigeria’s $11.6 Billion Debt Servicing Crisis: How Rising Debt Is Stalling Growth and Development