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Why IMF ‘supported’ border closure, by minister

The Minister of Finance, Mrs. Zainab Ahmed, has said the International Monetary Fund’s (IMF) “support’’ for the closure of the nation’s land borders was “because it understands the action is not punitive.”

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The Minister of Finance, Mrs. Zainab Ahmed, has said the International Monetary Fund’s (IMF) “support’’ for the closure of the nation’s land borders was “because it understands the action is not punitive.”

She told newsmen yesterday in Washington, United States that the measure was to restore Nigeria’s relationship with its neighbours based on commitments.

According to her, there were several engagements between the most populous black nation and its neighbours towards securing compliance to extant rules, “but things got worse.”
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