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The International Monetary Fund, IMF, who have consistently presented growth rates below that of the Nigerian government official figures, have stated that the Bretton Woods Institution’s figures are always more current than Nigeria’s.

It should be noted that there has been discrepancies twice this year alone, when the Nigerian Government placed its growth projection at 3.5 percent in the 2018 budget, while the IMF projected 2.5 percent. However after the Nigerian government effected a cut on its projection down to the IMF’s level of 2.1 percent, the IMF after its just concluded annual Meetings in Indonesia dropped the projection further to 1.9 percent.

IMF director in charge of Africa, Mr Abebe Selassie, who spoke to Financial Vanguard  on the sidelines of the Meetings, said the consistent discrepancies could be attributed to the gap in updating as the World Bank and IMF appears to be more current than Nigerian authorities.


"I think it is a matter of updating. We are always on the watch to update our projections following developments in the economy we watch. We are always current”.

However when reminded that Nigeria also updates just like in the 2018 projection, Selassie said that IMF’s update may be faster than Nigeria’s. But he also added that in the latest updates by the two entities the difference is not much. The latest update by IMF is 0.2 percentage point below Federal Government’s projection. But the 2019 projections of IMF at 2.3 percent is still widely below Federal Government’s figure of 3.01 percent, which was also a downward review from 4.5 percent contained in its Economic Recovery and Growth Plan (ERGP) document.

https://lailasnews.com/our-growth-projections-contradict-that-of-nigerian-government-imf/

Lai mohammed be like: e concern you? **
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APC lifeless government of lies. They lie about everything. Only Zombies can be deceived.
Buhari is bad luck

I'm very sure of one thing
Either the IMF was wrong or the federal government
Both can not be right at the same time

Government of lies by lies and for the populace. Mr lie Mohammed is coming for IMF with loads of lies

Hmm. What exactly has this government done right or gotten right? Nigeria is currently now like a cancer patient undergoing surgery under the guidance of a year one microbiology student and a group of auxiliary nurses.

APC led government of lies

APC and lies

Chai. This people no wan let Buhari breath


Do you love biology and issues concerning climate change/global warming? Please click on my signature

Okay. We don hear.

Genesis 3:4

4 “You will not certainly die,” the serpent said to the woman.

Leviticus 19:11

11 “ ‘Do not steal. “ ‘Do not lie. “ ‘Do not deceive one another.

Psalm 119:163

163 I hate and detest falsehood but I love your law.

Proverbs 12:22

22 The LORD detests lying lips, but he delights in people who are trustworthy.

Proverbs 13:5

5 The righteous hate what is false, but the wicked make themselves a stench and bring shame on themselves.

Proverbs 14:5

5 An honest witness does not deceive, but a false witness pours out lies.

Proverbs 17:7

7 Eloquent lips are unsuited to a godless fool— how much worse lying lips to a ruler!

Hosea 11:12

12 Ephraim has surrounded me with lies, Israel with deceit. And Judah is unruly against God, even against the faithful Holy One.

Zephaniah 3:13

13 They will do no wrong; they will tell no lies. A deceitful tongue will not be found in their mouths. They will eat and lie down and no one will make them afraid.”

John 8:44

44 You belong to your father, the devil, and you want to carry out your father’s desires. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies.

APC DID NOT GO TO CHURCH YESTERDAY....

As far as it is the government of the lifeless and zombie , there will always be a difference because their strength lies in propaganda.

After 3.5 years and nothing to show as achievement, the only way out is to churn out their success on paper work garnished with propaganda


Back to Daura

zombies will say it's propaganda

Even the IMF can attest to the monumental failure which we call APC... A grotesque construction put together with no though besides the impetus of blood lust and power drunkeness

They're just deceiving people with these projections and claiming the economy is doing great

But they know the truth!

Useless “wuruwuru” government. The fight to send them packing is a fight to finish and everyone that means well for the common man must join hands to send them to wherever they came from .

Ok

Buhari wee kee us all in this country o

isoright

Upward review or downward review, Nigerians are hungry now than ever before

Lolzzzz... Even d living conditions and reality faced by Nigerians is different from d govts projections.. We are all togeda in d deception...
APC!!! Scam!

Hmmmm! ... fire on the mountain.

Lai Mohammed will soon say they are lying!

When will this government stop lying

Davido's first baby mama's uncle is mad. Agent of Lie.

What a shame, APC keep disgracing Nigeria to the world, I’m so ashamed

Busted

The government shld come and defend this

It has to be...because apc's middle name is lie. All they know how to do best is simply culled from their acronym...

IF relax this is Naija and APC is on top.

I’m ashamed of Nigeria as a country