Likely Nigeria finmin wants prudent government spending

(Reuters) - A Nigerian central banker who is widely expected to be the next finance minister said on Tuesday government should limit its spending to help control inflation and deregulate key sectors to spur private sector growth.

Shamsuddeen Usman, deputy governor of the central bank in charge of operations, said Nigeria's windfall oil revenue savings should be used prudently for capital projects to avoid the boom-and-bust cycles that plagued the economy in the past.


Read more at Reuters Africa