IMF got it wrong on Nigeria’s economic projections for four years –DG Budget Office

The International Monetary Fund (IMF) has been accused of being wrong in its projections of the Nigerian economy in the last four years, the Director-General of the Budget Office of the Federation, Ben Akabueze, has revealed.

This is even as he disclosed that the IMF’s projections “do not represent the holy grail on economic growth”, adding that the organisation “can’t get it right better than the people who have direct responsibility for managing their individual economies.

Akabueze made this known while speaking on Channels Television’s Politics Today programme on Wednesday night.