Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, over the country’s borrowings aimed at stimulating the economy and financing infrastructure projects.
The bank, however, said its Senior Economist for Nigeria, Gloria Joseph-Raji, was rather misrepresented and quoted out of context in his comments at an event in Abuja last week.
In a statement signed yesterday by the Senior Communications Officer of the World Bank Group, Rachid Benmessaoud and made available to The Guardian, the bank said that at no point did Joseph-Raji mention that the World Bank and the Federal Government disagreed on the need to rebalance the country’s debt portfolio.
Source Guardian Newspaper.
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