The head of the International Monetary Fund endorsed on Tuesday Nigeria’s efforts to tackle corruption, while saying the country needed to reduce its reliance on oil, sharp falls in the price of which have crippled its economy.
Speaking after talks with President Muhammadu Buhari, IMF managing director Christine Lagarde also said she was not in Nigeria to negotiate a loan.
She backed what she called Buhari’s “very important” fight against corruption and said the president’s reform push could have a positive impact across West Africa.
“His determination to bring about transparency and accountability at all levels of the economy were very important agenda items and very ambitious goals that need to be delivered upon,” Lagarde told reporters at the presidential villa in the capital Abuja.
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