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Public Debt | Definition, Features, Types & Effects

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The public debt is the total amounts of debts by the State or a Country to another Country or Organizations which have accumulated with the passage of different governments and which have been requested in order to obtain greater financial resources.
Why Nigeria Adopted Federalism System of Government

Reasons for the Adoption of Federalism in Nigeria

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A federalism system of government is a government in which there is division of powers between the Central Government and the governments of the component units and each level of government is independent within its own sphere.
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