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Dangote refinery, supportive credit facility,...

The International Monetary Fund (IMF) has noted...

Dangote refinery, supportive credit facility, can accelerate Nigeria’s economic recovery process – IMF

The International Monetary Fund (IMF) has noted that the non-oil sector of the Nigerian economy could be stronger, benefitting from its recent growth momentum, higher production from the new Dangote Refinery, and supportive credit policies. In IMF’s Executive Board 2021 Article IV Consultation with Nigeria released recently, the global organisation added that Nigeria’s ratification of the African Continental Free Trade Agreement could also yield a positive boost to the non-oil sector while oil production could rebound, supported by the more generous terms of the Petroleum Industry Act. According to the IMF,...

Dangote refinery, supportive...

The International Monetary Fund (IMF) has noted that the non-oil sector of the Nigerian economy could be stronger, benefitting from its recent growth momentum,...
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