President Muhammadu Buhari will holds talks
with the International Monetary Fund led by its managing director,
Christine Lagarde, on Tuesday, January 5.
The meeting will also have Kemi Adeosun, the finance minister in attendance, Daily Sun reports.
“I look forward to productive meetings … as they address
important economic challenges, most importantly the impact of low oil
prices,” Lagarde said in a statement.
No other details were given in the statement, but the meeting suggests an acknowledgement of Buhari’s efforts to revive Africa’s largest economy.
Lagarde would be arriving Nigeria today and is due to give a speech to lawmakers on Wednesday.
During her visit, she will meet business leaders.
She will also pay a visit to neighbouring Cameroon, where she will meet President Paul Biya and his economic team.
Lagarde will also meet finance ministers from the six member countries of the Economic and Monetary Community of Central Africa (CEMAC), delivering a speech to the group on January 8.
She said: “The country (Cameroun) and the entire CEMAC region are confronted with the twin shocks of the oil-price slump and a surge in disruptions related to security.”
President Buhari was elected in March on a pledge to tackle corruption in the country which has left many in poverty.
A month ago, the IMF listed Nigeria as the world’s 22nd largest economy in the world. According to a survey by the IMF, with an annual growth rate of 5% during the course of 2015, Nigeria’s gross domestic product (GDP) is set to total $1.105trn in 2015, representing a 5% growth from last year.
The meeting will also have Kemi Adeosun, the finance minister in attendance, Daily Sun reports.
IMF boss, Christine Lagarde to hold talks with President Buhari
No other details were given in the statement, but the meeting suggests an acknowledgement of Buhari’s efforts to revive Africa’s largest economy.
Lagarde would be arriving Nigeria today and is due to give a speech to lawmakers on Wednesday.
During her visit, she will meet business leaders.
She will also pay a visit to neighbouring Cameroon, where she will meet President Paul Biya and his economic team.
Lagarde will also meet finance ministers from the six member countries of the Economic and Monetary Community of Central Africa (CEMAC), delivering a speech to the group on January 8.
She said: “The country (Cameroun) and the entire CEMAC region are confronted with the twin shocks of the oil-price slump and a surge in disruptions related to security.”
President Buhari was elected in March on a pledge to tackle corruption in the country which has left many in poverty.
A month ago, the IMF listed Nigeria as the world’s 22nd largest economy in the world. According to a survey by the IMF, with an annual growth rate of 5% during the course of 2015, Nigeria’s gross domestic product (GDP) is set to total $1.105trn in 2015, representing a 5% growth from last year.
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