Eric Chelle outlines what he expects from Nigeria’s
Eric Chelle, a senior adviser at the International Monetary Fund, has said that for Nigeria to restore macro‑economic stability and attract investment it must: tighten fiscal discipline by cutting non‑essential spending and broadening the tax base; implement structural reforms in the power, agriculture and transport sectors; strengthen the independence and credibility of the central bank while maintaining a flexible exchange rate; improve governance and fight corruption; and create a more business‑friendly regulatory environment that protects property rights and encourages private‑sector growth. Views Nigeria