The Senate President, Senator Bukola Saraki will today, Wednesday, January 6, 2015, meet with the Managing Director of the International Monetary Fund (IMF), Christine Lagarde.
Senate President to meet with IMF boss today
This was revealed to newsmen by Senator Saraki's Special Adviser on Media and Publicity, Yusuph Olaniyonu.
Recommended articles
![President Bola Ahmed Tinubu and APC National Chairman, Abdullahi Ganduje. [Twitter/@AsiwajuTinubu]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "President Bola Ahmed Tinubu and APC National Chairman, Abdullahi Ganduje. [Twitter/@AsiwajuTinubu]")
This was revealed to Leadership Newspapers, by Saraki’s Special Adviser on Media and Publicity, Yusuph Olaniyonu.
Olaniyonu said the meeting will focus on Nigeria’s economy.
He also said “the falling oil prices at the international market has negatively impacted the nation’s oil revenue, external reserve and increased pressure on the Naira at the foreign exchange market.
ADVERTISEMENT
“The meeting of the Senate leadership with the IMF chief will be coming after a similar exchange Lagarde had with President Muhammadu Buhari and other managers of the national economy.”
The IMF boss met with President Buhari in a closed door session, at the Presidential Villa, Abuja.
After the meeting with Mr. President, Lagarde said “Let me make it clear that I am not here (in Nigeria) nor is my team in this country to negotiate a loan with conditionality. We are not into programme negotiations and frankly at this point in time, given the determination and resilience displayed by the President and his team, I don’t see why an IMF programme will be needed.
“So, of course, discipline is going to be needed; of course, implementation is going to be key for the objectives and the ambition to serve the country well in order for it to be actually sustainable.”
ADVERTISEMENT
She also offered to help Nigeria track stolen funds, restructure the country’s tax system and block revenue leakages.
The IMF boss is currently on a four-day working visit to Nigeria.
See Pulse Gallery Below.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Why our plane made emergency landing at Lagos airport, Air Peace clarifies
Over 75% of Katsina children are multidimensionally poor – UNICEF
PDP unveils 200-member campaign council for Ighodalo's guber election in Edo
Tinubu approves resumption of repair work on Third Mainland Bridge
Ondo Poll: Ganduje consoles Jimoh Ibrahim after crushing defeat in APC primary
FG to review recent price hike of DStv, GOtv packages amid public outcry
BREAKING: FG grants Air Peace right to commence Abuja-London flights - Keyamo
Deputy who dumped Akeredolu clinches PDP governorship ticket
Gov inaugurates 2nd phase of palliative distribution to poor Enugu residents
ADVERTISEMENT
![Polling clerks counted votes at a polling station after completing the voting process of the general election in Abuja, Nigeria, on February 25, 2023. [Getty Images]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Polling clerks counted votes at a polling station after completing the voting process of the general election in Abuja, Nigeria, on February 25, 2023. [Getty Images]")