Abuja – The World Bank Managing Director and Chief Operating Officer Sri Mulyani Indrawati met with President Muhammadu Buhari on Wednesday to discuss ways to overcome an economic crisis that has hit the country.
Nigeria’s economy has over the months faced challenges mainly due to a sharp fall in crude prices eating into its oil revenues.
According to The Sun, although Nigeria has held talks with the World Bank over a possible loan or credit facility in recent months, Indrawati did not address this when speaking to reporters after the meeting.
"We would like to know how we can help Nigeria to make the very important decisions, whether on micro economic policy and other sectoral policy, that will make this economy move forward to become a strong middle income country," she was quoted as saying.
A Vanguard report said World Bank also pledged to support the country curb insecurity as well as rehabilitate the Internally Displaced Persons (IDPs), who were mainly victims of Boko Haram insurgents in the North-east region.
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- News24 Nigeria