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Nairaland Forum / Nairaland / General / Politics / No IMF Programme Needed For Nigeria, Says Lagarde (1932 Views)
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No IMF Programme Needed For Nigeria, Says Lagarde by theV0ice: 4:27pm On Jan 05, 2016 |
Africa’s biggest economy Nigeria, battling a revenue shortfall caused by the global oil shock, does not need assistance from the International Monetary Fund, the group’s head said on Tuesday. http://www.vanguardngr.com/2016/01/no-imf-programme-needed-for-nigeria-says-lagarde/ |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by Bevista: 4:42pm On Jan 05, 2016 |
“Let me be very clear: I’m not here nor is my team here to negotiate a loan with conditionalities, we’re not programming negotiations,” said IMF managing director Christine Lagarde.That is just a diplomatic way of the IMF saying that the Nigerian Government did not agree to their usual ridiculous conditionalities & Austerity rhetoric. --- I will reserve further comments until I hear the version of the Finance Minister. 5 Likes |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by APCsupporter: 4:42pm On Jan 05, 2016 |
Can you see what people with brains are saying about PMB? Wailers think its all about enjoying now and suffering later 8 Likes |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by Nobody: 4:43pm On Jan 05, 2016 |
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Re: No IMF Programme Needed For Nigeria, Says Lagarde by seunmsg(m): 4:48pm On Jan 05, 2016 |
“Frankly, given the determination and resilience displayed by the presidency and his team, I don’t see why an IMF programme is going to be needed" Wailers, this is the opinion of the managing director of IMF on the management of Nigeria's economy. Nothing else to add than to advice all of you and other voodoo economist to stop running down the government. The president and his economic management team are doing well. 5 Likes |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by coolzeal(m): 4:50pm On Jan 05, 2016 |
What they say behind close doors is not what they say to the public. IMF or World Bank or WTO are not charity organisation; They are firms/bank-esters with harsh policy to manipulate and exploit the third world by the first world (who are in control of the IMF and WB) through the auspices of said institutions. Hope, they have not sold this country for their selfish interest? |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by PassingShot(m): 4:52pm On Jan 05, 2016 |
Buhari, I love you. 5 Likes |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by baralatie(m): 4:52pm On Jan 05, 2016 |
Bevista:You nailed it but you missed it when you said when you said the IMF came with austerity conditions! |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by carinmom(f): 4:52pm On Jan 05, 2016 |
Wailers come and see what IMF boss has said about our president ![]() ![]() ![]() 1 Like |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by Karlovich: 4:53pm On Jan 05, 2016 |
Dullardinhho where are the chibok girls |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by omenka(m): 4:54pm On Jan 05, 2016 |
PassingShot:I love him more than you do. ![]() I swear, whenever I see the image of that man, I just start smiling. ![]() We will definitely weather this economic storm and emerge a lot more stronger and unified. The enemies of this country shall be put to shame again and again and again. ![]() Abeg make I go gym go burn small calories. Make una dey gentle on the wailers abeg- its been a really terrible day for them. ![]() 4 Likes 1 Share |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by omenka(m): 4:55pm On Jan 05, 2016 |
Karlovich:Are you sure you are in the right thread? ![]() 1 Like |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by dustmalik: 4:55pm On Jan 05, 2016 |
coolzeal:When did IMF start hiding their debtors from the rest of the world? Stop showing your ignorance in full public display. 2 Likes |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by Karlovich: 4:57pm On Jan 05, 2016 |
omenka:Lol, but he promised to find them |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by Bevista: 4:58pm On Jan 05, 2016 |
baralatie:It well known globally that IMF preaches Austerity and Reforms as conditions for lending. |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by baralatie(m): 4:58pm On Jan 05, 2016 |
Lagarde said they were “very ambitious goals that need to be delivered upon”. They also discussed “the necessity to apply fiscal discipline and the need to respond to the population’s needs, improving the competitiveness of Nigeria and focusing on the short-term fiscal situation”. |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by carinmom(f): 4:59pm On Jan 05, 2016 |
omenka:I love him more than you both do ![]() 3 Likes |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by coolzeal(m): 4:59pm On Jan 05, 2016 |
dustmalik:Your comprehensive skill is terrible. Do you understand my point at all? |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by baralatie(m): 4:59pm On Jan 05, 2016 |
Bevista:Define austerity measures in practical terms |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by mccoy47(m): 5:00pm On Jan 05, 2016 |
So what is she here for? Our Oyel? ![]() |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by Validated: 5:01pm On Jan 05, 2016 |
Ok, you just came to drink tea with Buhari. ![]() ![]() ![]() ![]() ![]() ![]() 1 Like |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by omenka(m): 5:02pm On Jan 05, 2016 |
carinmom:I don't believe you. ![]() 1 Like |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by omenka(m): 5:04pm On Jan 05, 2016 |
Karlovich:But his tenure isn't over yet.. ![]() 1 Like |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by Bevista: 5:04pm On Jan 05, 2016 |
baralatie:In the simplest possible terms - Spending Cuts (i.e. Reduced government spending). Obviously, from the 2016 budget proposal, PMB/APC are in the mood to increase government spending. --- It is also possible that they suggested currency devaluation, and PMB made it clear to them that that was a no-go area. 1 Like |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by baralatie(m): 5:04pm On Jan 05, 2016 |
Bevista:They also discussed “the necessity to apply fiscal discipline and the need to respond to the population’s needs, improving the competitiveness of Nigeria and focusing on the short-term fiscal situation”. |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by princemillla(m): 5:04pm On Jan 05, 2016 |
PassingShot: Like u don't just know what to say right ![]() ![]() omenka: From nurse Metuh to Ffk and other blow in the jaw... Nawa ooo 2 Likes |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by baralatie(m): 5:06pm On Jan 05, 2016 |
Bevista:I believe you are an IMF specialist because devaluation is a main call you have been making! |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by carinmom(f): 5:07pm On Jan 05, 2016 |
omenka:You better do ooo, you know how wailers are saying that we the northerners worship him ![]() 2 Likes |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by Bevista: 5:08pm On Jan 05, 2016 |
baralatie:"Fiscal Discipline" is simply another term for Spending Cuts. Everyone now knows that in times of recession or economic slowdown, increased spending is the way forward to drive growth. You can ask the US, UK, Japan, etc. |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by Bevista: 5:09pm On Jan 05, 2016 |
baralatie:I clearly support devaluation, but obviously the president is against it. I just do not support other IMF conditionalities. |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by baralatie(m): 5:10pm On Jan 05, 2016 |
Bevista:If you have an internal economy and not leakages of payments on importation of petroleum payments,cars,rice,poultry,fish etc 1 Like |
Re: No IMF Programme Needed For Nigeria, Says Lagarde by drsteroid(m): 5:14pm On Jan 05, 2016 |
God bless PMB #FireOnBuhari |
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