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Jonathan meets IMF chief, pledges to reposition Nigeria’s economy

PRESIDENT Goodluck Jonathan yesterday in Abuja told the visiting Managing Director of the International Monetary Fund (IMF), Christine Lagarde, that Nigeria was being repositioned to be a bigger player in the global economy.
The country, according t…

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JonathanPRESIDENT Goodluck Jonathan yesterday in Abuja told the visiting Managing Director of the International Monetary Fund (IMF), Christine Lagarde, that Nigeria was being repositioned to be a bigger player in the global economy.

The country, according to Jonathan, would fall short of the expectations to be one of the world biggest economies if its economy is not transformed to guarantee greater stability and self-sustainability.

Meanwhile, the Senate President, David Mark, yesterday tasked the global financial institution to make its economic and financial policies friendly to Africa because a policy that does not work for a supposed beneficiary will not be acceptable.

A statement issued by Mark’s Chief Press Secretary, Paul Mumeh, noted that Mark told Lagarde in Abuja that any economic policy that failed to bring succour to the people was worthless.

He said: “The impression people have about IMF is that of an organisation that prescribes an economic solution that hardly works or practicable in any country.

Jonathan also assured IMF that his administration remained totally committed to engineering a positive transformation of the Nigerian economy.

This, according to him, will ensure that “the country becomes a much bigger player in the global economy as envisioned in its Vision 20:2020”

The president spoke just as the IMF boss maintained that the financial body was interested in Nigeria’s economic programme and leverage on what she called “extremely impressive” transformation programme.

Lagarde is widely regarded to have facilitated the  $30 billion debt forgiveness, which Nigeria received a few years back.

Jonathan stressed during the parley that the team established to oversee the implementation of the administration’s economic agenda would receive “all the political support it requires to ensure that the objective of significantly improving the national economy is attained”

The president said: “We are totally committed to changing things in Nigeria. Our vision is that by the year 2020, Nigeria would have become a much bigger player in the global economy. We have established a good team and we will give them the full political backing they need to succeed.”

Averring that Nigerians had become wary and skeptical of dealing with the IMF in the aftermath of the Structural Adjustment Programme (SAP), President Jonathan said he believed that the IMF was now a changed institution, which could contribute positively to the economies of Nigeria and other developing nations.

 

 

 

“I believe the present IMF is different. Our emphasis is on poverty alleviation and job creation. We are also looking at ways of improving education and health-care delivery.  I believe we can work together constructively,” he added.

Reviewing international developments with Lagarde, Jonathan said that he believed that the IMF had a key role to play in resolving the ongoing crises in the global economy, noting that events in the developed economies were bound to affect developing countries.

Responding, Lagarde informed the President that the feedback she had received from the IMF team, which recently undertook a review of the Federal Government’s economic programme was “very positive.”

The IMF chief said its team had been particularly very impressed with the government’s prioritisation of job creation, agriculture, power supply, education and health-care.

She said that the team was similarly impressed with the Jonathan administration’s fiscal and monetary policies as well as the reformation of the banking and financial services sector, and the establishment of a Sovereign Wealth Fund.

Lagarde advised, however, that the Federal Government should take further steps to protect Nigeria from the adverse effects of the crises in the global economy.

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“My wife is pregnant, I just wanted to see her” – Man cries uncontrollably after his car was vandalized by hoodlums who attacked #Endsars protesters (Video)

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“My wife is pregnant, I just wanted to see her” – Man cries uncontrollably after his car was vandalized by hoodlums who attacked #Endsars protesters (Video)

A Nigerian man has broken down in tears after his car was vandalized by hoodlums who attacked #endsars protesters in Abuja.

READ: #BBNaija 2018: Lolu suffers uncontrollable Erection while on bed with Anto (Video)

In a video going viral on social media, the heartbroken man was seen crying uncontrollably, while narrating the incident.

He mentioned that his wife is currently pregnant and he was on his way to see her when the hoodlums attacked, smashed and vandalized his car.

READ: Heartbreaking video of Jimoh Isaiq’s father weeping uncontrollably after his son was killed at an #EndSARS protest in Ogbomoso(Opens in a new browser tab)

“I’m so pained mehn! I didn’t deserve this. I didn’t do shit to these guys. Just to find a gridlock here, I’m just going to see my wife. My wife is pregnant, I just wanted to go and see her”, he lamented.

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We can’t Afford to lose the Essence Life’s due to SARS and Police Brutality in Nigerian NO MORE HIDING PLACE for the Nigeria Police & SARS

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Gabaghi Sunday Agbede also known as Donblaqwifi is an Afro-beat/pop upcoming artiste song writer and music producer based in the United start of America.
Donblaqwifi as he’s famously called didn’t just jump into music. Before music, Donblaqwifi graduated with an Accounting degree from Northeastern university in the United state of America.
“I just want to say big thanks to Folarin Falana famously known as “Falz” and Douglas jack Agu famously known as “Runtown” for leading the protest supporting #Endsars and #policeBrutality in Nigeria.
“Also big thanks to every single individual that came out for the protest. Enough is Enough is time for our voices to be heard in Nigeria.
Regardless of whatever that is happening in Nigeria including the Government and president the only people that can make Nigeria a better country is the Youth. The change we are looking is in our hands . It’s time for Nigerian Youths to come together as one and fight for the change.
The only way we can fight bad Government and bad president is peaceful protest. Nigerian is the richest Country in Africa still we are suffering, No electricity, the rich are getting richer and the poor are getting poorer. Police, SARS are Harassing innocent citizens.
Enough is Enough. We the Nigerian youth need to come together and fight for change.
United we stand”
#EndSARS and #EndPoliceBrutality
IG: iamdonblaqwifi
YouTube:Donblaqwifi

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Minister Of Labour, Festus Keyamo Backs #EndSARSProtest

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My Driver Was Killed During #EndSARS Protest In Abuja: Keyamo
Festus Keyamo

Festus Keyamo

Minister of State, Labour and Employment, Festus Keyamo has expressed support for the protest against operatives of the Special Anti-Robbery Squad (SARS) unit of the Nigeria Police Force.

Keyamo said aggrieved Nigerians must be allowed to embark on a peaceful protest over issues they feel aggrieved over.

In a tweet, the minister insisted that peaceful protest was a democratic culture.

Also Read: BREAKING: #EndSARS Protest Turns Violent In Osun

In the last few days, cities across the country have witnessed protests against the illegal activities of the SARS unit which has resulted in harassment, extortion, and maiming of citizens.

Reacting to the ongoing protests, Keyamo wrote on his twitter page:

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