Nigeria expected to take $2.8bn drawing rights from IMF

Nigeria is expected to take a 2.8 billion dollar special drawing rights from the International Monetary Fund as the country expects double digit growth between 2010 and 2011. According to Central Bank of Nigeria governor, Lamido Sanusi, Nigeria is likely to see robust non-oil economic growth of more than six percent this year, even after bailing out five banks earlier this month. ABN spoke to Weyinmi Omamuli of ARM Investment Managers in Lagos.

Category:

News & Politics

Tags:

• Nigeria
• IMF

[Kalydosos]

$2.8B drawing rights from the IMF? Isn't that the same amount China was going to invest in Nigerian refining capacity? Deliberated left to rot by successive Nigerian Governments? Drawing rights is double speak; for more debt at exorbitant interest rates. To prop up a financially bankrupt IMF when are Nigerian leaders going to wake up to the fact that they are seen as monkeys and for starters refine their own oil. Then sell to the populace for around $0.17 per litre or gallon.

[phceidem]

The girl even looks like someone who is having oral sex.