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IMF should provide alternatives to China loans – Elumelu

April 13, 2019
in Business News, Latest Nigeria News, Nigeria News
IMF should provide alternatives to China loans – Elumelu
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Image result for IMF should provide alternatives to China loans - ElumeluRenowned economist and banker, Tony Elumelu has reacted to the warning by the International Monetary Fund that Nigeria should be careful of China loans, challenging the body and other development partners, to provide alternatives.

He spoke to Journalists after a private meeting with President Muhammadu Buhari at the Presidential Villa, Abuja.

State House Correspondent Mariah Olasehinde reports that the International Monetary Fund (IMF) had warned Nigeria and other emerging
market countries taking loans from China to consider the terms of such facilities, especially their compliance with the Paris Club arrangements.

Speaking with Journalists after a private meeting with President Muhammadu Buhari in his office, Tony Elumelu challenged IMF to provide alternatives that will create jobs in the country

He also charged them to support the development of Entrepreneurs in Nigeria

On the other hand, Governor Of Kano State also had a private meeting with the Vice-president Prof.Yemi Osinbajo in his office. The governor invites his opponents to work in his government.

He also advised President Muhammadu Buhari to appoint Experienced technocrats in his new cabinet.

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