Nigeria's Structural Adjustment Program

Nigeria's structural adjustment program

A) brought about the rapid privatization of publicly owned firms to both domestic and foreign investors.
B) helped to alleviate poverty in the country significantly.
C) was necessary due to a number of economic problems including waning oil revenue, a growing debt burden, and balance of payments difficulties.
D) was enacted by a military regime prior to turning power over to civilians.
E) permitted the government to channel greater expenditures on social welfare programs.

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