TUESDAY 18TH FEBRUARY 2020

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IMF Cuts Nigeria’s 2020 Growth Projection to 2% Moody’s expresses concern over Nigeria, other West African countries’ debts Obinna Chima The International Monetary Fund (IMF) has revised downward its 2020 Gross Domestic Product (GDP) forecast for Nigeria to two

per cent, from the 2.5 per cent it had predicted earlier. This is as on ne of the leading global rating agencies, Moody's Investors Service, yesterday noted that government debt burdens in

Nigeria and other Economic Community of West African States (ECOWAS) countries, have risen significantly. According to IMF, the cut reflects the impact of lower international oil prices while

inflation in the country is expected to pick up. In addition, it predicted that “deteriorating terms of trade and capital outflows will weaken the country’s external position.�

The Washington-based institution stated this in its Article IV Consultation on Nigeria, which saw some of its officials visiting Lagos and Abuja between January 29-February 12, 2020, for

discussions on Nigeria’s economy. The IMF team was led by the Senior Resident Representative and Mission Chief for Nigeria, Amine Mati. Continued on page 10

Northern Leaders Can’t Be Happy Amidst Poverty, Insecurity, Says Sanusi...

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Tuesday 18 February, 2020 Vol 25. No 9080. Price: N250

www.thisdaylive.com TR

TODAY'S WEATHER

ABUJA 25°C-33°C

MAIDUGURI 31°C-31°C

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ENUGU 25°C-28°C

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KANO 27°C-33°C

LAGOS 24C-27°C

PORT HARCOURT 20°C-30°C

Imo: Ignoring S’Court Principle, PDP Asks CJN, Six Others to Step Aside Demands reconstitution of panel to hear Ihedioha's application Chuks Okocha in Abuja Ahead of today’s hearing of the application by the sacked governor of Imo State, Hon. Emeka Ihedioha, for the Supreme Court to review its judgment on the 2019 governorship election, the Peoples Democratic Party (PDP) has written to the Chief Justice of Nigeria

(CJN), Justice Tanko Ibrahim Muhammad, demanding his recusal along with six other justices of the court from the case. In a letter signed by the National Chairman of the party, Prince Uche Secondus and National Secretary, Alhaji Umar Ibrahim Tsauri, Continued on page 10

Nigeria Chairs Global Research Meeting on Coronavirus Response Ejiofor Alike A global research meeting was co-chaired by a Nigerian expert to contribute to the local and global response to the new coronavirus outbreak. The Director-General of the Nigeria Centre for Disease Control (NCDC), Dr. Chikwe Ihekweazu, chaired the second day of a high-level global meeting convened by the World Health Organisation (WHO) to agree on the research priorities to

contain the spread of novel coronavirus (COVID-19). This high-level meeting held in the WHO Headquarters, was convened by the Director General of the WHO, Dr. Tedros Adhanom Ghebreyesus, and co-hosted in collaboration with GloPID-R, the Global Research Collaboration for Infectious Disease Preparedness. The meeting brought together major research Continued on page 10

60 CHEERS TO NASIR EL-RUFAI... L-R: Emir of Kano, Alhaji Muhammadu Sanusi II; Minister of Environment, Mohammed Mahmoud; Governor of Kaduna State, Mallam Nasir el-Rufai; President of the Senate, Dr. Ahmad Lawan; and National Chairman, All Progressives Congress (APC), Mr. Adams Oshiomhole, at the presentation of the book “These Times: Selected Writings and Speeches by Nasir el-Rufai,� to mark the governor’s 60th birthday in Kaduna...yesterday

Court Restrains INEC from Deregistering 31 Parties Already Deregistered... Page 8

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