Nigeria: Staff Report for the 2013 Article IV Consultation

April 22, 2014

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Nigeria: Staff Report for the 2013 Article IV Consultation, (USA: International Monetary Fund, 2014) accessed September 19, 2024

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.

Subject: Expenditure, Oil, Oil prices, Oil, gas and mining taxes, Public debt

Keywords: CR, Current account, Government, ISCR, Nigeria, Real GDP

Publication Details

Pages:

103
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/103
Stock No:

1NGAEA2014001
ISBN:

9781484357903
ISSN:

1934-7685

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