•ASUU President, Prof Emmanuel Osodeke The Academic Staff Union of Universities yesterday raised an alarm over a plot to sabotage the interest of public universities in the country. ASUU’s National President, Prof Emmanuel Osodeke, at an event marking the 2024 ASUU’s Heroes Day in Abuja, also accused the World Bank and the International Moneta...
•Senator Ali Ndume Senator Ali Ndume is a Senator representing Borno South Senatorial District. In this interview with Daily Independent, he speaks on President Bola Tinubu’s cabinet reshuffle, the Tax Reform Bill before the National Assembly, need for the government to cut the cost of governance, why the prescriptions of International Monetar...
•NLC President Joe Ajaero Nigerian workers, under the aegis of the Nigeria Labour Congress, have criticised the International Monetary Fund for its denial of responsibility regarding the Nigerian government’s recent removal of subsidy on petrol. The congress describes the denial as cynical and emblematic of the IMF and World Bank’s longstandin...
•Tinubu The International Monetary Fund (IMF) clarified that it was not behind Nigeria’s recent removal of fuel subsidies, a decision made independently by the Nigerian government. The IMF has faced criticism for Nigeria’s recent fiscal reforms, which have led to rising inflation and increased hardship for many citizens, reports Vanguard. Spea...
•Tinubu The International Monetary Fund (IMF) has lowered its 2024 growth forecast for Nigeria’s economy to 2.9%, attributing the downgrade to weaker-than-expected economic activity in the first half of the year. This was revealed in the IMF’s October 2024 World Economic Outlook (WEO), released during the ongoing annual meetings of the World B...
•Tinubu Amid ongoing pricing and supply crises in the downstream sector of the Nigerian oil industry, the International Monetary Fund, IMF, has tasked the Federal Government to prioritise building and accelerating a social safety net that protects vulnerable citizens. But taking this position in an interview with Arise TV yesterday, the Reside...
•Containers seen in a port The International Monetary Fund (IMF) has cut its forecast for Nigeria’s economic growth in 2024 to 3.1 per cent. The downgrade is contained in a newly released report ‘in the July 2024 World Economic Outlook’ published yesterday. The IMF cited a weaker growth recorded in the first quarter of the […]
•Tinubu As Nigeria secures a $2.5 billion loan from the International Monetary Fund (IMF) to meet its financial needs, there is discomfort in some quarters. Despite the naira’s depreciation, the loan must be repaid in Western currencies, and since repayments do not start until 2034 — long after the current politicians have left office — [&hell...
The International Monetary Fund has advised Nigeria to ask global crypto trading platforms to register or obtain licenses to operate in the country, subjecting them to regulatory requirements. This recommendation was made in the IMF’s latest staff report, released on yesterday, following the conclusion of its 2024 Article IV consultation with ...
•Falana, SAN Human rights lawyer, Femi Falana, has accused the federal government of pandering to the whims and caprices of the International Monetary Fund (IMF) and the World Bank following a hike in electricity tariff. Falana claimed that the move is a policy imposed on the Nigerian government by the Bretton Wood institutions. “The Honourabl...
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