Nigeria: Buhari Group Upbeat Over IMF Rating

Daily Trust Abuja Muideen Olaniyi
Displayed with permission from allAfrica.com

The Buhari Media Support Group has called on Nigerians to repose faith in the federal government as the International Monetary Fund (IMF) rates the country’s economy as the largest in Africa.

The group considers the rating as an indication of Nigeria’s steady economic growth under President Muhammadu Buhari, based on his administration’s diversification policy.

The group, in a statement by its coordinator, Muhammad Labbo and Secretary, Cassidy Madueke, urges Nigerians to keep hope alive as President Buhari’s administration pursues policies aimed at rejuvenating the nation’s economy.

The BMSG voiced confidence that President Buhari was leading Nigeria to the true path of economic recovery.

It said the policies on agriculture, solid minerals, oil and gas, job creation, security and overall revival of the economy had the potentials to rejuvenate the economy and ensure the nation prospered.

Nigeria, it added, would in the next few months begin to witness significant improvement in their wellbeing with the plans to re-jig the economy.

The IMF had, in its current assessment, acknowledged that Nigeria’s GDP stands at about $415 billion as against South Africa’s which is presently at about $280 billion.

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