APC Senator Mocks Buhari Apologists Over IMF Report On Nigeria

Shehu Sani, senator representing Kaduna central has taken a jibe at President Muhammadu Buhari’s loyalist over the latest International Monetary Fund (IMF) report on Nigeria.

The report released on Wednesday says Nigerians are getting poorer and that coherent and comprehensive economic reforms are urgently needed in the country.

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The Fund expects the government to “muddle through” in the medium term, and any progress could also be threatened if elections next year consume political energy and resources, the report said.

The IMF said in the report that the outlook for growth has improved but remains challenging.

“Comprehensive and coherent” economic policies “remain urgent and must not be delayed by approaching elections and recovering oil prices,” it said in its annual Article IV review of Nigeria’s economy.

“Higher oil prices would support a recovery in 2018 but a ‘muddle-through’ outlook is projected for the medium term under current policies, with fiscal dominance and structural constraints leading to continuing falls in real GDP per capita,” the IMF said.

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Reacting on Thursday, Sani, who agreed with the report, said loyalist to President Buhari will “as usual” call the IMF President Christine Lagarde and debate the report.

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