Nigeria: Staff Report for the 2013 Article IV Consultation
Electronic Access:
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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. 2014/103
Subject:
Expenditure Oil Oil prices Oil, gas and mining taxes Public debt
English
Publication Date:
April 22, 2014
ISBN/ISSN:
9781484357903/1934-7685
Stock No:
1NGAEA2014001
Pages:
103
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