Nigeria Needs No Help
World Economy

Nigeria Needs No Help

The Managing Director of the International Monetary Fund Christine Lagarde addressed journalists after a meeting with President Muhammadu Buhari in Abuja, NewsNow reported. She said the discussion was centered on oil price reduction and the need to apply fiscal discipline as well as address Nigeria’s population needs. She said that Nigeria needs no assistance from the IMF to address it economic problems, adding that the country has improved democratically since she visited four years ago. She also endorsed Nigeria’s efforts to tackle corruption, while saying the country needed to reduce its reliance on oil, sharp falls in the price of which have crippled its economy. Lagarde also said she was not in Nigeria to negotiate a loan. She backed what she called Buhari’s “very important” fight against corruption and said the president’s reform push could have a positive impact across West Africa.


Short URL : http://goo.gl/2B8rIX
  1. http://goo.gl/OMyYKy
  • http://goo.gl/e9n6x2
  • http://goo.gl/d1BL0C
  • http://goo.gl/6d95Hk
  • http://goo.gl/5yElHI

You can also read ...

Lower-income families, already pinching pennies, are most exposed, given the likelihood of tariff-related price increases on everyday items.
China canceled trade talks with the US and will no longer send...
EU foreign affairs chief Federica Mogherinia (L) and Transport Commissioner Violeta Bulc present the proposal  for an EU strategy for connecting Europe and Asia.
While European Union leaders were in the middle of another...
Italy CB Urges Caution on Possible Deficit Hike
The governor of the Bank of Italy urged caution on the nation’...
Fitch Upgrades India’s Growth Forecast to 7.8%
US multinational Fitch Ratings on Friday raised India’s GDP...
Turkey, Venezuela Plan to Use Local Currencies
Turkey and Venezuela are eager to use local currencies in...
Japan to Resist New Auto Tariffs
The Japan-US ministerial-level trade talks scheduled on Monday...
Apple Begins Selling IPhone XS, XS Max Worldwide
Apple’s newest iPhone XS went on sale worldwide Friday as...
Dairy Exports Hinder US-Canada Deal
One of the last remaining points of contention in the trade...