The International Monetary Fund executive board would soon meet over a fresh $3.4bn loan request from Nigeria.
In a statement issued acknowledging the request, IMF Managing Director, Kristalina Georgieva, said the lender is working hard to respond to this request so that a proposal can be considered by the IMF’s executive board.The Federal Government is banking on the IMF credit and similar loan requests from the World Bank and the African Development Bank to cushion the effects of the pandemic on the economy.
Nigeria’s economy is being threatened by the twin shocks of the COVID-19 pandemic and the associated sharp fall in international oil prices.
I hope this is not given because we are yet to even use the one donated by individuals and institutions. One day they will sell Nigeria
Borrow everywhere there is money 💰 can we think out of borrowing?
Yes o,aso rock patients.aso rock will rock them all
Stop giving us this loans, this government has only 3yrs to go
IMFNews please don't listen to MBuhari We don't need any loan
This administration is the number one Pandemic Nigerians need to fight to survive. Take it or leave it!
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