Recession: Senate seeks more support from IMF

The senate has solicited more support and closer partnership with the International Monetary Fund (IMF), in efforts to address its economic challenges.

Deputy Senate President, Ike Ekweremadu, made the appeal when he received, on behalf of the Senate President, Bukola Saraki, a delegation of the African Department of the IMF, which paid a courtesy visit to the Senate.

He thanked the IMF officials for their support to Nigeria, and said the country needed more support and collaboration of the IMF particularly at this challenging period in the nation’s history.

The new Director, African Department, IMF, Abebe Selassie, said he was in Nigeria to have a firsthand assessment of the country and to discuss the economic challenges.

He reassured the Senate that the global body would work hand-in-hand with the country to address the nation’s economic challenges.

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