February 22, 2018

Nigeria needs critical infrastructure – Minister of Finance

Nigeria needs critical infrastructure – Minister of Finance

Nigeria took its economic survival struggle to the international financial audience yesterday and said it is too significant a country to fail. Finance Minister Kemi Adeosun speaking on the sideline of the plenary session of the 2016 IMF/World Bank meeting in Washington DC said: “Nigeria is too big to fail and too significant in the region to underperform.”

She vowed that the federal government would do all within its power to rescue the economic from the current free fall. She was reacting to calls by the World Bank President Dr. Jim Yong Kim and the IMF managing director Ms. Christine Largard for massive investment in infrastructure. Her words: “ what we are trying to do is to rewrite Nigeria’s economic story so that we can grow, and to grow we need critical infrastructure like power, transport, housing. Read more

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