Says Tinubu’s reforms yielding gains but poverty, food insecurity remain high
Says Tinubu’s reforms yielding gains but poverty, food insecurity remain high
Urges FG to publish terms, drawdowns, collateral, utilisation of facility
Queries N11.85tn borrowing, N30.64tn govt spending
Says naira lost 29% value in four years
Emmanuel Addeh in Abuja
The International Monetary Fund (IMF) has raised concerns over Nigeria’s proposed $5 billion borrowing arrangement with First Abu…
• Advises govt to focus on Eurobonds, others to finance deficit
• Says fuel subsidy savings added N15.8tn to federation account in 30 months
IMF Raises Red Flag On Nigeria’s Planned $5billion Abu Dhabi Loan Deal, Warns Of Hidden Risks
• Says funding remains inadequate for industrial transformation
• Alleges distortion of fiscal federalism
