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in 2007; adropping to N155. 47 billion or 29 per cent in 2008. In 2009, the quantum of the deficit funded through the domestic bond market ballooned to N542. 11 billion or 63 per cent, a level from which it has never dropped. In 2010, domestic funding of deficit catapulted further to N1. 36 trillion or 68 per cent; falling to N852 bi.

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The deficit level jumped again to N580. 19 billion or 3. 64 per cent; and then N537. 95 billion or 0. 84 per cent in 2008. In 2009, deficit was N836. 6 billion, 3. 02 per cent of GDP. The figure more than doubled once more as government's revenue obviously stagnated as needs mounted, Federal Government's fiscal operations resultd in a 2010 deficit of N1. 993 trillion or 6. 11 per cent of GDP, the highest within the 10 year period. It dropped to N1. 136 trillion or 2. 96 per cent in the following year; and N1.

Adidas Zx Flux Black And White On Feet

Adidas Zx Flux Black And White On Feet

135 trillion or 2. 85 per cent last year. This year's deficit is forecast to reduce below the trillion Naira mark at N887. 06 billion or 1. 85 per cent of GDP. He noted that in 2003 at the onset of the bond market, N72. 75 billion of the deficit or 36 per cent was funded by domestic Adidas Zx Flux Black And White On Feet borrowing, dropping to N27 billion or 16 per cent the following year; and N25 billion or 15 per cent by 2005, In 2006, the figure rose to N1087. 2 billion or 31 per cent; rising further to N200 billion or 34 per cent Adidas Tubular Radial All Black

Adidas Zx Flux Black And White On Feet

Adidas Zx Flux Black And White On Feet

 was represented by Joseph Adidas Stan Smith Women Red

Adidas Zx Flux Black And White On Feet

again to N161. 86 billion or 1. 11 per cent of GDP; before beginning soaring to N341. 86 billion or 2. 35 per cent of GDP, and representing a 111. 79 per cent jump.

Adidas Zx Flux Black And White On Feet

Ugwuala, head, Policy, Strategy and Risk Management at the office, said between 2003 and this year, Abuja has funded N4. 612 trillion or 57. 74 per cent of total deficit of N7. 986 trillion arising from fiscal operations through bonds issuance at the domestic market. Giving a breakdown of the figure, showing that in 2003, fiscal deficit stood at N202. 72 billion, representing 2. 04 per cent of the nation's Gross Domestic Products; dropping in 2004 to N172. 6 billion or 1. 51 per cent of GDP. By 2005, national deficit level fell Adidas Nmd White Blue Red

Adidas Zx Flux Black And White On Feet

Adidas Zx Flux Black And White On Feet

Adidas Zx Flux Black And White On Feet

Adidas Zx Flux Black And White On Feet

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