"Even the federal goverment is owing"
Its so common to hear ur debtors make that statement if u go to ask them to pay u.It's almost an excuse people come up when they don't want to or are unable to pay their debt. But who exactly is federal government & why must it/they owe? How did it begin? Why must every Nigerian imitate the federal government in owing?

Now it seems like everyone in the country has been taught to live in dept. It's become a difficult thing 4 a typical nigeria to pay 4 the things he purchase without incuring debt even when he has the money with him. My observation is that people believe that owing will make them rich.As 4 others,their problem is that they don't want to live a simple life,they want to have everything even when they can't afford to pay 4 them.Is it mandatory that a person who can't feed himself 2 times a day should get a foreign pair of shoe in credit? But such is our life. We've been trained to go around pilling up dept 4 ourselves in things that aren't realy necesary. When we grow up with this mental inclination & somehow secure a political position,the problem get worse.