The International Monetary Fund has call on Nigeria to lift the remaining foreign exchange restrictions and scrap the system of multiple exchange rates in order to revive the Nigerian economy.
The recommendation came in the Washington-based fund’s regular assessment of Nigeria’s economy.
The report came on the heels of a recent visit by a team of the IMF officials to Nigeria to assess the economy.
IMF emphasised that stronger macroeconomic policies are urgently needed to rebuild confidence and foster economic recovery in the country.
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