Nigeria: 2013 Article IV Consultation-Staff Report; Press Release and Statement by the Executive Director for Nigeria

Publication Date: April 22, 2014
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Summary: This 2013 Article IV Consultation highlights Nigeria’s poverty and income inequality that remain high and social and governance indicators that are below averages for sub-Saharan Africa. Growth is expected to remain strong, driven by agriculture, trade, and services. Inflation should continue to decline, in line with a tight monetary policy, and a lowering trend in food prices from higher rice and wheat production. Transparency and governance in the oil sector should be enhanced, including by strengthening the regulatory framework through the passage of a sound Petroleum Industry Bill featuring stringent enforcement clauses.
Series: Country Report No. 14/103
Subject(s): Article IV consultation reports | Economic growth | Agricultural sector | Fiscal policy | Oil sector | Spillovers | Global competitiveness | Fiscal reforms | Monetary policy | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Nigeria

Publication Date: April 22, 2014
ISBN/ISSN: 9781484357903/1934-7685 Format: Paper
Stock No: 1NGAEA2014001 Pages: 103
US$18.00 (Academic Rate:
US$18.00 )
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