Nigeria: Staff Report for the 2013 Article IV Consultation

International Monetary Fund

No 2014/103, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2013 Article IV Consultation highlights Nigeria’s poverty and income inequality that remain high and social and governance indicators that are below averages for sub-Saharan Africa. Growth is expected to remain strong, driven by agriculture, trade, and services. Inflation should continue to decline, in line with a tight monetary policy, and a lowering trend in food prices from higher rice and wheat production. Transparency and governance in the oil sector should be enhanced, including by strengthening the regulatory framework through the passage of a sound Petroleum Industry Bill featuring stringent enforcement clauses.

Keywords: ISCR; CR; Nigeria; current account; government; real GDP (search for similar items in EconPapers)
Pages: 103
Date: 2014-04-22
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