Paris Club debt agreement with Nigeria (October 2005)
Independently verified
- Role
- As Minister of Finance, headed the Nigerian delegation in the negotiations
- Outcome
- Debt cancellation estimated at about US$18 billion (incl. moratorium interest), about 60% of roughly US$30 billion owed to Paris Club creditors; Nigeria to pay US$12.4 billion
- Reported by
- Paris Club (creditor group secretariat) press release, 20 October 2005
[1]
Sources
- Paris Club agrees to a comprehensive treatment of Nigeria's debt (press release)Paris Club, 2005-10-20, primary source
Change history
- 2026-10-26 Record published.
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