Senate seeks IMF help for Nigeria

The D2016_10_28_2041eputy Senate President, Sen Ike Ekweremadu, has solicited stronger partnership between Nigeria and the International Monetary Fund (IMF) in the country’s efforts to address the current economic challenges.
Ekweremadu spoke on Thursday when on behalf of the Senate President he received a delegation of the African Department of the IMF at the Senate.
He thanked the IMF for its support to Nigeria, but said Nigeria needed more support and collaboration with the IMF at this challenging period in its quest for development.
He said: “The IMF has shown keen interest in the development of Nigeria. We believe that we need greater collaboration at this time of our challenges and we also believe that whatever support and technical assistance we are going to get will be tailored to our own needs, which is also peculiar to us, because every country has its own challenges and peculiar circumstances.
“We believe that working together and taking cognisance of our peculiar circumstances, we will be able to find solutions to our problems. We will work together to build a country where food, shelter and other basic needs are affordable for all.”
Earlier in his address, the new Director, African Department, (IMF) Mr Abebe Selassie, said he was in Nigeria to have a first-hand assessment of the country and to discuss the economic challenges.
He reassured the Senate that the global body would work hand-in-hand with Nigeria to address the nation’s economic challenges.
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