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Abuja, Nigeria

Government District in front of the Aso Rock (Photograph by Bernd Noack)

Nigeria Resident Representative Site

Resident Representative Office in Nigeria

This web page presents information about the work of the IMF in Nigeria, including the activities of the IMF Resident Representative Office. Additional information can be found on the Nigeria and IMF country page, including IMF reports and Executive Board documents that deal with Nigeria.

News — Highlights

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Press Release: IMF Representative Endorses CBN Intervention in Some Banks As Essential to Long Term Growth and Development, September 15, 2009

The following statement was issued today in Abuja by the IMF country chief and representative in Nigeria, David Nello click for more

IMF Survey: IMF Builds Statistical Capacity in Africa

The IMF is helping 22 sub-Saharan African countries improve the quality, coverage, and dissemination of key statistics. click for more

The Impact of the Global Financial Crisis on Sub-Saharan Africa—Outlook for the Nigerian Economy; Charles N. O. Mordi; Research Department; Central Bank of Nigeria; May 19, 2009

Charles N. O. Mordi; Research Department, Central Bank of Nigeria click for more

Point of View: Nigeria's Shot at Redemption

Nigeria squandered its oil windfall of the 1970s, which led to three decades of economic stagnation and the degradation of public institutions. The reason was a mix of bad fiscal and macroeconomic policy, corruption, and poor governance. Besides, not many countries (or even economists) at that time fully understood how difficult it is to manage oil windfalls. click for more

IMF Invites Comments on Review of Fund's Policy Support Instrument

The IMF is seeking public comments on its Policy Support Instrument, launched in 2005 to complement other Fund programs in providing policy support and signaling to its low-income members click for more

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Nigeria and the IMF

Transcript of a Press Briefing by IMF Managing Director Christine Lagarde

April 10, 2014

Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with Nigeria

March 7, 2014

Podcast : Tackling Youth Unemployment in Africa

January 16, 2014
Africa is one of the fastest growing regions in the world, but the persistence of youth unemployment threatens this progress. Some see this growth without jobs as a ticking time bomb. Lamido Sanusi, the Governor of the central bank of Nigeria explains how to tackle this issue.  click for more

Press Release: Statement at the Conclusion of the IMF Article IV Consultation Mission to Nigeria

December 4, 2013

Nigeria: Publication of Financial Sector Assessment Program Documentation––Technical Note on Strengthening Monetary and Liquidity Management

October 24, 2013
Series: Country Report No. 13/315 click for more

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Regional Economic Outlook for Sub-Saharan Africa

image from the publication cover

The October 2013 Regional Economic Outlook: Sub-Saharan Africa provides a comprehensive report on the prospects for growth in the region, as well as the major risks to the outlook. Generally, growth is expected to remain strong despite a downward revision since the May 2013 report. The report analyzes drivers of growth in nonresource-rich sub-Saharan African countries, and examines the risks to frontier market economies of volatile capital flows as they become more integrated with international capital markets. Click for more