5 January 2016

PRESIDENT BUHARI MEETS WITH IMF PRESIDENT

                           


Managing Director of the International Monetary Fund IMF, Christine Lagarde, who arrived Abuja on Monday on a four-day visit to Nigeria, met with President Mohammadu Buhari at the presidential villa.

Prior the meeting Largarde affirmed that Nigeria is working hard to improve its business environment, promotes opportunities for growth in both public and private sector, and strengthens social cohesion.


After the close door meeting with President Buhari, Lagarde while briefing statehouse correspondents said the discussion focused on revamping Nigeria’s economy through others sources different from oil, which price is falling in the global market.

When asked by the press if the discussion focused on loans for the economy of the country, Lagarde affirmed that her trip to Nigeria was not to discuss loans but to help the country look at other sources of revenue to tackle iots dwindling economic outlook in 2016.

She, however, refused to comment on the 2016 Appropriation Bill submitted to the National Assembly by President Muhammadu Buhari because there are procedures at the IMF that must be followed.



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