Capital market operators and economic experts have urged the Federal Government to be cautious in implementing the International Monetary Fund's (IMF) policy recommendations, warning against expensive foreign loans and a Value Added Tax (VAT) increase.

The IMF has urged Nigeria to extend VAT to fuel products and introduce telecom excise taxes, warning that stronger revenue measures are needed to fund spending plans.

Capital market operators and economic experts have urged the Federal Government to be cautious in implementing the International Monetary Fund's (IMF) policy recommendations,…