Mari Pangestu (World Bank MD)For the Indonesians, after a child birth, a woman would put a salt pack in her vagina ostensibly to restore its firmness… for the African women it was: why would a woman inflict pain on herself? In effect the World Bank MD is rehashing what landed Nigeria in trouble during the SAP era of IBB. Hence it is a further means of compounding Nigeria’s financial woes and never helpful to macro-stability as feels the MD of World Bank, Mari. Mari’s model is absolutely non inclusive and could engender growth seen in GDP without making development or collective well-being of Nigerians possible. For whichever way, one sees it, for every hundred naira Nigeria earns, it is bound to set aside 37 naira for its debtors and it could increase as naira value goes down south.
Source: The Guardian November 25, 2021 04:12 UTC