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2012-07-07 Rerun commentary: Nigeria's foreign debt is almost as difficult to nail down as the Glyphis font. Various news items over the past twelve months report it at figures ranging from US$5 billion to US$44 billion. Not being an economist by any means, I have no idea if this is an unusual amount. Either way, a mere $30 million is a pretty small dent. Though I suppose it's better to repay some of it than none of it.
Now if only the Minister can find someone willing to hand over their bank account details...
Also, one must really wonder what sort of business practices the Bank of Nigeria gets up to here. Presumably it's because all their code is still written in COBOL.
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