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Submitted by FEMI OBIOMAH on

This would work for sub nationals that are fiscally independent. In most cases, these entities would do more if they autonomous but they are not. Lots of time their financials are tampered with by Primary Govts. This make debt management difficult. Most of these subs can finance the projects (as well as manage the debts) independently but are prevented from doing so due selfish reasons under the Guise of political restraints.