Tag: International Monetary Fund

IMF Raises Concerns Over Effects of #EndSARS Protests on Nigeria’s Growth Projection
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IMF Raises Concerns Over Effects of #EndSARS Protests on Nigeria’s Growth Projection

International Monetary Fund (IMF) has warned that the projected economic growth for Nigeria may not be realized on the strength of the #ENDSARS protest. The organization expressed serious concern over the state of the nation as the protests continue. While answering questions during the virtual IMF press conference on the regional economic outlook for Sub-Saharan Africa on Thursday, the IMF Director, African Department, Abebe Selassie, noted the importance for government to find an immediate solution to the protests. His words: “On the growth projections in Nigeria, I mean, these protests happened of course, after we had closed, after the period where the data we looked at in making the growth projections for this economic outlook. And much will depend really on how these protests...