Nigeria Will No Longer Borrow From IMF - Finance Minister

Finance Minister Kemi Adeosun revealed on tuesday that Federal Government will not be borrowing a penny from the World Bank as initially planned. Adeosun says the government will instead be pursuing its own economic reform plan to save the economy from recession. "For us the IMF is really a lender of last resort when you have balance of payments problem. Nigeria doesn't have balance of payments problems per se, it has a fiscal problem," Adeosun told CNBC in an interview. "We are alrea......Click to See more

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