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Wed,19Sep2018

Sri Mulyani Indrawati

World Bank and Nigerian president discuss economic crisis and former president's loot

Swiss authorities are holding $320 million in stolen money by former military leader Sani Abacha. Photo©ReutersThe World Bank's managing director and Nigeria's president on Wednesday discussed how the multilateral lender could help Nigeria overcome its economic crisis and repatriate more than $300 million stolen by a former military ruler.

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Nigeria: World Bank and Buhari discuss the country's economic crisis

President Muhammadu Buhari. Photo©Vahid Salemi/AP/SIPAThe World Bank held talks with the Nigerian president on Wednesday on how it could help Nigeria overcome an economic crisis caused mainly by a sharp fall in crude prices eating into its oil revenues.

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