Recession: Agents of IMF, World Bank have infiltrated MDAs — ASUU

  |   Nigeria News

THE Academic Staff Union of Universities, ASUU, yesterday attributed the current recession in the country to the surrendering of the nation's sovereignty by the government to the World Bank and International Monetary Fund, IMF, agenda which is geared towards impoverishing third world countries.

The union also threatened to embark on a-seven day nationwide warning strike from tomorrow to press home the demands for payment of outstanding sum of N660 billion for revitalisation of public universities.

Ogunyemi, who displayed a copy of the IMF working paper on 'Treasury Single Account (TSA) concept, design and implementation issues', argued that various policies by the development partners had failed to alleviate the economic challenges bedevilling Nigeria.

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