25.8 C
Abuja
Thursday, April 2, 2020

Christine Lagarde arrives Nigeria for talks on economic development

Christine Lagarde, the Managing Director of International Monetary Fund (IMF) on Monday arrived in Nigeria on a four-day visit to engage policy makers on ways to promote economic development in the country.

Lagarde was welcomed by the Minister of Finance, Kemi Adeosun and the Governor, Central Bank of Nigeria, Godwin Emefiele, at the Presidential wing of the Nnamdi Azikiwe International Airport in Abuja, the country’s capital city.

The visit was to provide an opportunity to strengthen the fund’s partnership with the largest economy in sub-Saharan Africa, the IMF said in a statement.

Lagarde is expected to meet with President Muhammadu Buhari and his economic team, legislators, senior leaders, prominent businessmen and women, and representatives of civil society.

Lagarde said ahead of her trip, Nigeria is working hard to improve its business environment, promote opportunities for growth in the private sector, and strengthen social cohesion in all areas, the statement added.

“I look forward to productive meetings with President Buhari and his colleagues as they address important economic challenges, most importantly the impact of low oil prices,” she added.

Lagarde at the end of her visit to Nigeria would head to Cameroon for a two-day visit.

Leave a Reply

Leave a Reply

Leave a Reply

Latest News

Nigeria, Chad, Niger announce joint military offensive on Boko Haram jihadists

Nigeria on Thursday said it had launched a "massive" joint offensive with troops from Chad and Niger against jihadists waging a decade-long insurgency in...

Ugandan student in Italy begs for food aid

A Ugandan student in Italy has appealed for food aid from the government in Kampala to help her and other students cope amid the...

Conde’s party wins majority in boycotted poll

The electoral commission in Guinea says the party of President Alpha Condé won more than two-thirds of the seats in last month's parliamentary elections,...

20 arrested in Uganda LGBT community over social distancing

A gay rights leader in Uganda says 20 members of the local LGBT community have been detained after police raided their shelter and accused...

Countries around Africa reach for chloroquine to combat coronavirus

Despite loud appeals for caution, Africans are rushing to embrace chloroquine, the venerable anti-malaria drug touted as a possible treatment for coronavirus.From hospitals in...

UNECA says Africa seeks IMF, World Bank and EU support on debt relief

African finance ministers want International Monetary Fund, World Bank and EU support for bilateral, multilateral and commercial debt relief amid the coronavirus crisis, the...

Court removes Nelson Chamisa as Zimbabwe opposition head

Zimbabwe’s main opposition leader has lost a court appeal to remain president of the biggest opposition party, the Movement for Democratic Change (MDC).Nelson Chamisa's...

Coronavirus force Ethiopia to shift election

Ethiopia's electoral board has postponed August’s highly anticipated general election because of current coronavirus pandemic.A new schedule would be announced once the threat of...

Boy 13, shot dead in Kenya by police enforcing curfew

The bullet struck the 13-year-old as he stood on the balcony of his family’s home with his siblings. Below, police officers moved through the...

Foreigners in East Africa face hostility over coronavirus

Panic over the global coronavirus pandemic has led to reports of discrimination against foreign nationals in East Africa.From Ethiopia, to Kenya and the Democratic...

More Articles Like This

- Advertisement -
%d bloggers like this: