General

Finance minister Ahmed fears Nigeria may run into recession as the country seeks its $3.4bn IMF contribution

The Minister explained that the fund is Nigeria’s shareholding in IMF and there is no condition attach to it as widely speculated.

 

ZAINAB added that over eighty countries have applied to access the funds.

 

The Finance Minister also expressed worries that Nigeria may run into recession if rational and drastic decisions are not taken to reduce the effect in the economy. 

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