What Are The Causes Of Global-Economic Meltdown In Nigeria?


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1] dependence of nigeria  govt. On the crude oil's revenue from foreign countries caused it.
   2] financial  indiscipline of nigeria govt. By embarking on short-term projects that will enrich their pockets instead of long-term that will bring future gains for the country.
  3] crumbling of nigerian capital market as a result of margin loans from banks by the shareholders.
  4] interdependence of nigerian economy on american economy is one of the causes of it.
  5} banks financial crisis as a result of margin loans giving to the intending shareholders which later exposed the situations banking sector.

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