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25.10.20

IMF says the #EndSARS Protest may mar Nigeria's already documented growth projection



The International Monetary Fund has said that the activities surrounding the #ENDSARS protest may mar the already documented Nigeria’s growth projection, as the organisation had already finished collecting its data but the projection will depend largely on how the protest evolves.

Abebe Selassiehe, the Fund’s Director, African Department,  made this known while responding to questions during the virtual IMF press conference on the regional economic outlook for Sub-Saharan Africa on Thursday. “Lagos of course is a very important economic hub and contributes quite a bit of economic activity to overall Nigeria activities. So, if these persist and are showing significant effects on economic data, we will internalize them in due course,” Abebe said.


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