Nigeria: Govt Needs to Drastically Reduce Debt Service Cost - Musa

[This Day] T he Director General, West African Institute for Financial and Economic Management, Dr. Baba Musa, in this interview on the sidelines of the recently concluded annual meetings of the International Monetary Fund and World Bank, held in Washington DC, expressed concern about the huge amount the federal government expends on debt service, especially the domestic component. He also proffered some solutions and spoke on some other macro-economic issues. Obinna Chima and Nume Ekeghe bring the excerpts :