Nigeria's Structural Adjustment Program

Nigeria's structural adjustment program

A) privatized some publicly-owned firms, although not as quickly or extensively as had been expected.
B) was enacted as part of a deal to receive aid from the World Bank and the IMF.
C) was necessary due to a number of economic problems including waning oil revenue, a growing debt burden, and balance of payments difficulties.
D) led to cutbacks in social welfare spending.
E) All of the above statements are true.

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