Business I Can't Sleep Because of Nigeria's "Real Hardship" - IMF Boss Lagarde

[LequteMan]

The head of the International Monetary Fund Christine Lagarde is having some trouble sleeping at night.

Speaking on Sunday, Lagarde said “quite a few countries” are keeping her awake lately, but at the top of the list are low-income nations that rely heavily on exporting oil.

“I think of a country like Nigeria, for instance, where 90% of its exports and 60% of its revenue are generated by oil or oil-related revenues,” Lagarde said in an interview on the sidelines of the Albright Institute at Wellesley College. “That’s a country that is facing…a real hardship.”

Several countries including Nigeria are running out of money because of cheap oil. According to reports, the country is considering asking the World Bank, the African Development Bank and other international organizations for a billion dollar loan to fund its 2016 budget.

Nigeria's Finance Minister Kemi Adeosun has denied the reports.

“It’s necessary [for Nigeria] to very promptly redesign its business model and realign its interests with a completely new reality which is here for longer than many think,” Lagarde said.

 

[EL-DANI-EL]

Lagarde, wetin concern you with 9ja? Na who tell you say we no get moni? You know how many of us wey dey drive priv8 jets? You never hear say our National Assembly wan buy 30M or B dollar car for each by each legislator? Abi na dat one you dey jelos bicos you never drive dat kind moto b4? You hear say 9ja dey pick food 4 doti? Busy bodi! You dey drink APC 4 another person headik. Madame, Ferme' la bouch, kin ji kwo!!

 

[KERIAN EVANO]

Please anyone closer to our omg president,Lagarde should kindly advise her to start sleeping Cus African countries ,to be specific Nigerians do not joke with their sleep Cus our problem needs deliverance from God only not man.those known for the cause of our problems are made kings and heavy titles instead of bringing them to face the book.so Lagarde sleep well Cus it old and can get sick."no one can play games on nature"

 

[A I KAT]

ADVISE HER TO START SLEEPING, WE KNOW THE SITUATION THAT WE ARE AND NOT HINDER US FROM SLEEPING