The International Monetary Fund – IMF has said that the Implementation of social investments would help ease the pains of subsidy removal, and assist vulnerable Nigerians cope with reforms of the present administration.

Addressing the press, yesterday afternoon, at the ongoing Annual Meetings of the IMF and World Bank, in Washington DC, the Director of African Region, Mr. ABEBE SELASSIE also denied its involvement in the removal of fuel subsidy and said that the decision was purely domestic.

Mr. ABEBE admitted that fuel subsidy had brought a lot of suffering to Nigerians and advised the federal to implement social investments that would assist the vulnerable cope with the pains of the reforms.

The director said that over the years, his organization had learnt a lot of lessons from reforms carried out by member countries that it had worked with and that at the moment, it made sure that reforms advised by the IMF do not result in heightening inequalities or increase the difficulties of the vulnerable.