Africa Algeria Columns Headlines International Opinions

Hit by Low oil prices, Nigeria opts for borrowing; Algeria chooses to starve its people

The end of the era of expensive oil has put strains on the budgets of Nigeria and Algeria pushing the first to seek foreign borrowing while the latter adamantly sticks to zero borrowing policy at the expense of starving its population. Nigeria, which has a more diversified economy compared to Algeria, is knocking on the […]