Nigeria: Civil Unrest Hurting Nigeria's Outlook, IMF Warns

23 October 2020

The International Monetary Fund (IMF) yesterday expressed concern about the civil unrest in Lagos and some other parts of Nigeria, following the shooting of some #EndSARS protesters Lekki Tollgate on Tuesday night.

Responding to a THISDAY question during a media briefing on the 'Africa Regional Economic Outlook,' at the ongoing Annual Meetings of the IMF/World Bank in Washington DC, the Director of IMF's African Department, Mr. Abebe Aemro Selassie, said the civil unrest in Lagos, which contributes significantly to Nigeria's overall Gross Domestic Product (GDP), could have a negative consequence on the economy.

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