This Day (Lagos)
20 August 2008
Nigeria's recent private sector-led growth and vibrant capital markets with potentials for investors have placed it in a league of eight sub-Saharan African countries (outside South Africa), heading towards emerging market status, a new International Monetary Fund (IMF) report has revealed.
[ See Article ]
Mind you, this unprecedented private sector-led growth rate reported by the IMF is for the period ending Fiscal Year 2007 (the end of OBJ's administration). we shall see what the IMF's growth rate report would be at the end of Yar Adua's first term, given his snail speed and efforts to scrap or reverse most of the reform policies of his vibrant predecessor. good luck!