Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 4:35pm On May 18, 2025 |
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Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 7:04am On May 14, 2025 |
Gbadebo19: Just get the "F" off mentioning on quoting me for any reason whatsoever. And I repeat, for any reason whatsoever. I don't ask for more than. Save yourself the trouble and use the block button This is writerng's thread, he sets the rules and destroying dumb takes is allowed and encouraged here |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 6:58am On May 14, 2025 |
sainttwist1: oh sorry
Your "leak audio" said "Open to peace" instead of peaceful.....I am sorry
🤣🤣🤣🤣🤣🤣🤣 So according to you, in a hostage situation the police/army need to be "open to peace" to get back the hostage.
Or better, the open to peace side fire rockets into the violent side home, or carry out knife attack on the violent side without provocative........and the violent side should stay silent because I don't understand your logic. You're really not smart |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 11:10pm On May 13, 2025 |
Gbadebo19: No, I didn't. I wasn't even admitted to study law. I studied Yoruba agrarian agriculture. Mtcheeeeww!! Never knew you needed anyone's validation for being a Minister in the Temple Didn't mean to hurt your feelings |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 11:05pm On May 13, 2025 |
sainttwist1: "Leak audio"........that says Palestinians are more peaceful than the Israelis
😂😂😂😂😂😂😂 Try to dey calm down ooo
Abi there is another definition of peaceful I don't like it when I'm quoted with a stupid reply Being open for peace and peaceful aren't the same thing Palestinians are as peaceful as israelis are to them, but they're more open to peace than the israelis are If you still don't know the difference, go back to school To make things worse, your reply is completely off point from my comment |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 8:44pm On May 13, 2025 |
Vl3ly:
🇺🇸🇵🇸🇮🇱⚡- "One could say with caution, this is an American-Hamas agreement. Here too, Israel was a supporting player.
Unlike the agreements with the Houthis and the Iranians, here there are Israeli citizens whose lives depend on it immediately," - Yaron Avraham, Israeli journalist for Channel 12.
🇺🇸🇵🇸🇮🇱⚡- "What is the long-term damage from the fact that it is the United States that releases the hostage, not Israel? Do foreign passport holders have priority over Israeli passports only?" - Amit Segal, Israeli journalist for Channel 12, on the release of Idan Alexander]
🇺🇸🇵🇸🇮🇱⚡- "With this direct and unprecedented agreement between Hamas and the US administration, Trump not only slapped Netanyahu in the face, but also granted Hamas unprecedented legitimacy and victory since the beginning of the war," - Israeli Channel 12.
🇺🇸🇵🇸🇮🇱⚡️- Israel will not release Palestinian prisoners in exchange for the release of Idan Alexander. There's a leaked audio of trump admitting that the Palestinians are more for peace than the Israelis He explicitly mentioned he thought Palestinians were the problem until he met Mahmoud Abbas and then later spoke with netanyahu From the encounters, it became clear to him that Palestinians were more open for peace than israel...but seeing that zionists control the U.S, he has toe the Israeli line |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 8:39pm On May 13, 2025 |
Vl3ly: 🇺🇸🇮🇱⚡- "I think we will have to wean ourselves off American security assistance," - Benjamin Netanyahu, Israeli Prime Minister, told his Foreign Affairs and Defense Committee today, reported by Israeli Channel 13's Yuval Segev. This'll only happen when AIPAC and the tons of israeli lobby groups stop existing...certainly not anytime soon |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 8:30pm On May 13, 2025 |
obedience4: Any one with a iota of knowledge on the issues of terrorism in India and India administered Kashmir, need no further indices on the atrocities of the Pakistan authorities.. I'll do my own research on that For now, I think Pakistan's call for an independent investigation is fair. A credible and neutral party should investigate |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 8:28pm On May 13, 2025 |
Gbadebo19: you and your misled cohorts have severally stated here that I am not a lawyer, I didn't graduate, I didn't do nysc, I didn't go to law school. Why are you now drawing me into your irrelevant legal terminologies of he who asserts must prove. So, please carry your infirmities far far away from me. Mtcheeeeww!!! You at least did 100level law and that principle is taught at that stage You don't need to be a lawyer, a graduate, have done NYSC, or have gone to law school to know that Calm down man |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 3:41pm On May 13, 2025 |
Bigsam99: That Botragelad is a propagandist to the core. His topics are always guaranteed frontpage... that's enough proof for me as to who was behind the Nairaland shutdown |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 3:07pm On May 13, 2025 |
Obedience40: Simple question, So we don't waste time, Is the Pakistani Government sponsoring terrorism in India and Indian administered Kashmir. Yes or No I don't know in general terms, but I do know that in this case, India hasn't presented evidence of such beyond accusations and has refused an independent investigation If you say they do so, present evidence...ask Gbadebo19, he who asserts must prove |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 2:29pm On May 13, 2025 |
Obedience40: Should I take Pakistan version of events, that they weren't involved??
There's a topic on FP which shows high ranking official from the Pakistani Government attending a known Lashkar-e-Taiba commander burial.. what does that tell you?? If high ranking Nigerian offical were to be in attendance of slained boko haram commander burial, what does that tell you??
Anyone who follows the insurgency crisis in India and India administered Kashmir knows the role being played by the Pakistani intelligence agency the ISI.. It's something that's well known to all. You may wanna play ignorant to win an argument, but I don't care.
Your whole argument was base on a moderate group the The Resistance Front ( TRF) behind the attacks which later turn out to be falsehoods. What is your arguments here??
The Indian government maintains that the Lashkar-e-Taiba are behind the attacks, well I guess you know more than the India government, are you telling me the India government would lie, and risk starting a major conflicts with a nuclear armed neighbour Just to portray a Pakistani and Islamic agenda..
So I should take your word and that of the narratives of the Pakistan authorities 🤣😂 You're referencing a Botragelad thread as evidence, a notorious anti-islam propagandist Despite the claim that high ranking Pakistani military officials attended Lashkar-e-taiba burial, in none of the pictures he posted were any of the officials present. Honestly I thought you were smarter than to promote obvious propaganda I've thrown you a bone, India is the epicenter of disinformation in the entire world. If you want to double down on asserting fallacy, be my guest |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 1:19pm On May 13, 2025 |
obedience4: Dude, the bottom line still remains your beloved Resistance Front ( TRF) came out of two Islamic groups Lashkar-e-Taiba, and the Hizb-ul-Mujahideen. The splinter groups you have failed to mention..
You are clearly regurgitating the same thing the Pakistanis have been saying and trying to do, they tried to put the blame on a moderate group, a Kashmir based group The Resistance Front ( TRF), so as to limit the fall back, which later backfired as the nationality of the attackers were later determined to be Pakistani, hence rulling out The Resistance Front ( TRF) which later came out to cowardly deny responsibility blaming its on a communication breach, 😉 who does that??
The India government did their investigation and they name the culprits, which is the Lashkar-e-Taiba, stop spinning the whole issue, the Indians have done the there homework.
Everyone knows the Lashkar-e-Taiba and the Pakistan authorities are working together, hence the Pakistani ploy to distance the Lashkar-e-Taiba, from the attack.. You should be careful about taking India's word for it They've been consistently ranked highest in the world for misinformation and disinformation Check out these links https://www.google.com/amp/s/www.statista.com/chart/amp/31605/rank-of-misinformation-disinformation-among-selected-countries/https://news.umich.edu/india-ranks-as-highest-risk-for-misinformation-u-m-experts-can-comment/ |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 1:17pm On May 13, 2025 |
Bigsam99: That guy can never agree to a superior argument. He will definitely respond to you again I am 100 percent sure. He can say anything to justify his malicious assertions.
He says :
Pakistan tried to put the blame on a moderate group, a Kashmir based group The Resistance Front ( TRF), so as to limit the fall back..
He forgot that TRF itself initially took credit for the attack and TRF blamed India not Pakistan when retracting their statement.
I think he lies so much that he begins to believe his own lies. I know the guy very well, we have a history I once proved to him that Mandela supported and enabled violence in the anti-apartheid struggle after he disputed it. Instead of him to accept his error, he openly declared on this thread that he'd carryon believing that Mandela preached non-violence and used non-violent means |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 1:04pm On May 13, 2025 |
obedience4: Dude, the bottom line still remains your beloved Resistance Front ( TRF) came out of two Islamic groups Lashkar-e-Taiba, and the Hizb-ul-Mujahideen. The splinter groups you have failed to mention..
You are clearly regurgitating the same thing the Pakistanis have been saying and trying to do, they tried to put the blame on a moderate group, a Kashmir based group The Resistance Front ( TRF), so as to limit the fall back, which later backfired as the nationality of the attackers were later determined to be Pakistani, hence rulling out The Resistance Front ( TRF) which later came out to cowardly deny responsibility blaming its on a communication breach, 😉 who does that??
The India government did their investigation and they name the culprits, which is the Lashkar-e-Taiba, stop spinning the whole issue, the Indians have done the there homework.
Everyone knows the Lashkar-e-Taiba and the Pakistan authorities are working together, hence the Pakistani ploy to distance the Lashkar-e-Taiba, from the attack.. Once again, Indian talking points You've made several assertions without providing any supporting evidence. Maybe I should take your word for it right? Henceforth, when you attach screenshots, please provide links to the screenshots for objectivity sake |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 12:24pm On May 13, 2025 |
obedience4: The group the The Resistance Front ( TRF): came out of two different groups, it is clearly shown in the picture evidence I tender, the Hizb-ul-Mujahideen and the Lashkar-e-Taiba, note the Hizb-ul-Mujahideen also has the same ideology as the Lashkar-e-Taiba. Both are Islamic terrorist groups.
I only circled the latter because you were trying to portray the TRF as a entirely different group from the Lashkar-e-Taiba.
The Lashkar-e-Taiba, did not take responsibility for the attack, the authorities in India label them as the preperators of the act. The India response was against Lashkar-e-Taiba targets in Pakistan. This is the problem with relying on wikipedia as a source If you click on the footnote where it's said that TRF is made up of Lashkar and Hizb-ul-Mujahideen cadres and go to the source itself, you'll see just like I said, that the group's makeup goes beyond Lashkar-e-taiba and Hizb-ul-Mujahideen. It's made up of splinters of different groups and it's not a hardcore 'jihadist' group like you're attempting to potray Secondly, your talking points are entirely Indian talking points. All you've said are what the Indian Government has said Ordinarily, Lashkar-e-taiba claims responsibility for attacks and this time they didn't. India quickly blamed Pakistan for the attack by claiming they supported terror groups to carry it out. Pakistan cautioned India and called for an independent investigation which they ignored, before carrying out their attacks on Pakistan The 'terror targets' the Indians attacked include mosques and centers that used to belong to Lashkar-e-taiba, but were taken over by the Pakistani Government years ago when they arrested Hafiz Saeed, the leader of Lashkar-e-taiba. India ended up killing regular civilians You can blame Islam all you want, but the story of Kashmir is of a region that wants to stand on its own, separate from both India and Pakistan, but in the event it must choose between the two, it prefers Pakistan to India. This singular truth has made India to make Kashmir the most militarized place in the world, even more than Palestine. Of course, that comes with Indian brutality against Kashmiris and in response, an armed rebel movement which has been on for several decades The repealing of Article 370 by India, acts as a fuel for the conflict but the Indian Government will never acknowledge that |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 6:03am On May 13, 2025*. Modified: 6:32am On May 13, 2025 |
obedience4: The TRT came out of the Lashkar-e-Taiba. Don't try to spin it man.
And news flash they weren't the ones responsible for the attacks, but the Lashkar-e-Taiba. Stop trying to distort truths..
The The Resistance Front ( TRF): initially claimed to be responsible but later retracted when evidence started coming out, The Lashkar-e-Taiba were responsible for the 2025 Pahalgam attack.
Funny boy your links shows the number of groups linked and supported by Pakistan, but you decided to bring out only The Resistance Front ( TRF): because they are the only moderate group to as to try and paint a lie..
One question is the Lashkar-e-Taiba, the Jaish-e-Muhammad,and the Hizb-ul-Mujahideen are they not one of the groups listed by Al Jazeera?? How come you decided to bring out The Resistance Front ( TRF):🤣🤣😂
When you are done lying to yourself, let us know chapiche?? First of all, you expressly claim that Lashkar-e-taiba is responsible for the attack, but they neither claimed responsibility, nor did you present any evidence of their involvement Maybe you can't read properly, but the article I shared is about groups India accuses Pakistan of supporting. It's not about groups Pakistan definitively supports and I only presented what was written on TRF because that was what was relevant to my point You're right that TRF retracted the claim of responsibility, but funny enough India actually blames them for the attack despite their retraction TRF is made up of splinters of different groups, including Lashkar-e-taiba, it's mentioned in the article I shared. It's a group drawn from members of different groups rather than just one like you're trying to claim |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 3:10am On May 13, 2025*. Modified: 3:29am On May 13, 2025 |
obedience4: You are trying too hard to distort the truth..
The group responsible for this attacks and many more in India and India administering Kashmir is the Islamic terrorist group, the Lashkar-e-Taiba they have a clear Islamic agenda and doctrine..
he organisation's primary stated objective is to merge the whole of Kashmir with Pakistan.
Let's dice into some of Lashkar-e-Taiba objectives and goals
In its publications and on various platforms, the organization has consistently articulated its primary political goals, which include the destruction of India, Hinduism, and Judaism. The organization considers jihad a religious duty for all Muslims, with the establishment of a caliphate as its central religious and political objective.
Its followers are proponents of the South Asian group Ahl-e-Hadith (AeH) Islam, which is considered Salafist. It has adopted maximalist agenda of global jihad including attacks on civilians. The group justifies its ideology on verse 2:216 of the Quran.
Fighting has been made obligatory upon you ˹believers˺, though you dislike it. Perhaps you dislike something which is good for you and like something which is bad for you. Allah knows and you do not know.
Extrapolating from this verse, the group asserts that military jihad is a religious obligation of all Muslims and defines the many circumstances under which it must be carried out. In a pamphlet entitled "Why Are We Waging Jihad?", the group states that all of India along with many other countries were once ruled by Muslims and were Muslim lands, which is their duty to take it back from the non-Muslims. It declared United States, India, and Israel as "existential enemies of Islam".LeT believes that jihad is the duty of all Muslims and must be waged until eight objectives are met: Establishing Islam as the dominant way of life in the world, forcing disbelievers to pay jizya, exacting revenge for killed Muslims, punishing enemies for violating oaths and treaties, defending all Muslim states, and recapturing occupied Muslim territory. The group construes lands once ruled by Muslims as Muslim lands and considers it as their duty to get them back. It embraces a pan-Islamist rationale for military action
Just like Hamas and Hazebolla, this group seek the destruction of the Hindu state, so no matter how we try to spin it there's an element of religion in what going on between Pakistan and India..like I said the other time religion was what divided the two countries into two.. The name of the group that claimed responsibility for the attack is called THE RESISTANCE FRONT, they're different from Lashkar-e-taiba. It is the Indian Government which claims they're an offshoot The Resistance Front doesn't have religious motivations, it was formed following the Indian Government's suspension of Article 370 of the Indian Constitution, which revoked Kashmir's semi autonomous statusA summary of the group and its motivations for the attack: The Resistance Front ( TRF):" The TRF emerged in 2019 following the Indian government’s suspension of Article 370 of the Indian Constitution, stripping Indian-administered Kashmir of its semi-autonomous status.
However, the group was not widely known before the Pahalgam attack, which it took responsibility for in April via the Telegram messaging app, on which it said it was opposed to the granting of residency permits to “outsiders”.
Since the repeal of Article 370, non-Kashmiris have been granted residency permits to settle in Indian-administered Kashmir. This has stoked fears that the Indian government is trying to change the demographics of Kashmir, whose population is nearly all Muslims
Unlike other armed rebel groups in Kashmir, the TRF does not have an Islamic name.
However, the Indian government maintains that it is an offshoot of, or a front for, Lashkar-e-Taiba (LeT), a Pakistan-based armed group whose name means “Army of the Pure”.
In 2020, TRF started claiming responsibility for minor attacks, including some targeted killings. TRF recruits included rebels from different splinter rebel groups. Indian security agents say they have arrested multiple TRF members since then.
According to Indian government records, most armed fighters killed in gunfights in Kashmir were affiliated with the TRF in 2022." https://www.aljazeera.com/news/2025/5/9/who-are-the-armed-groups-india-accuses-pakistan-of-backing |
Politics › Re: IMF Says Nigeria Repays $3.4 Billion COVID-19 Funding by IMEI: 3:09pm On May 09, 2025 |
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Politics › Re: IMF Says Nigeria Repays $3.4 Billion COVID-19 Funding by IMEI: 3:09pm On May 09, 2025 |
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Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 9:02pm On May 07, 2025 |
Gbadebo19: Jesus!!!! 🙆🙆🙆 Did you say free WiFi? You may be right ooo, I last saw this guy's post here around last year September. Could it be because there was no free WiFi? 🤣🤣🤣 I see you're still suffering from stunted growth Can't say I'm surprised though |
Politics › Re: Nigeria Still Owing IMF Till At Least 2029 by IMEI(op): 9:38am On May 07, 2025 |
MoneyMan5: In the screenshot you posted, it was clearly stated that the report was from February 2023, open your eyes and see again, not everyone online is an illiterate.
You are using 2023 report on Nigeria to dispute the latest data on IMF that cleared Nigeria of all debts, that's absurd
News you posted is outdated, that IMF report is also outdated. You are the hypocritical propagandist here, mod suppose to ban you. The report covers loans that Nigeria will pay for well beyond 2025 Try and go through it first, if you can |
Politics › Re: Nigeria Still Owing IMF Till At Least 2029 by IMEI(op): 9:37am On May 07, 2025 |
MoneyMan5: Do you have critical thinking abilities yourself?
Posting May 2 news as latest news on May 7
Is this latest post on IMF that cleared Nigeria of all debt also fake ? Where is your critical thinking abilities?
https://www.imf.org/external/np/fin/tad/balmov2.aspx?type=TOTAL
Wonders shall never end, a very stupid person will call another person stupid and will still be very proud of it What the Government has cleared is the principal payment, payment of charges and interest will continue yearly until 2029 That chart only shows the principal amount outstanding " From 2026 to 2029, the obligations primarily relate to charges and interest payments estimated at around SDR 26.7 million each year, translating to about $36.14m annually at the current exchange rate.
Cumulatively, Nigeria is expected to repay about SDR 436.42 million over the next five years, amounting to a total of $590.78m in U.S. dollar terms based on the latest valuation." |
Politics › Re: Nigeria Still Owing IMF Till At Least 2029 by IMEI(op): 9:33am On May 07, 2025 |
MoneyMan5: You are the one spreading propaganda here
You didn't see that your news is outdated?
Why are you posting news that was released on May02 as latest news on May 07 ? You lack reading comprehension Nigeria still has to repay charges and make interest payments that'll last till 2029 The article states clearly: " From 2026 to 2029, the obligations primarily relate to charges and interest payments estimated at around SDR 26.7 million each year, translating to about $36.14m annually at the current exchange rate.
Cumulatively, Nigeria is expected to repay about SDR 436.42 million over the next five years, amounting to a total of $590.78m in U.S. dollar terms based on the latest valuation." What has been repaid is the full principal and the charges of this year |
Politics › Re: Nigeria Still Owing IMF Till At Least 2029 by IMEI(op): 8:40am On May 07, 2025 |
Lanretoye: What if the government decide to pay them off,will they ask the government to wait till 2029? Depends on the terms and conditions on the loans |
Politics › Re: Nigeria Still Owing IMF Till At Least 2029 by IMEI(op): 8:36am On May 07, 2025 |
Emmanuel900: Some Nigerians have very low IQ and are delusional
The latest report on IMF website says Nigeria no longer owe them but stupid people in there multitude are still arguing with IMF that Nigeria still owe them. The picture is from the IMF website...check for yourself As at March 31st 2025 we owed $306million, now we've taken a new facility amounting to over $570 million to be paid by 2029 https://www.imf.org/en/Countries/NGA
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Politics › Re: Nigeria Still Owing IMF Till At Least 2029 by IMEI(op): 8:35am On May 07, 2025 |
Racoon: It is unthinkable that a bunch of dumbasses would feel comfortable to think they can be deceiving themselves in a 21st century world with lies and propaganda. The fact that people fell for it, is why politicians will never fix the education system in the country Critical thinking abilities is a threat to their lies and deceit |
Politics › Re: Nigeria Still Owing IMF Till At Least 2029 by IMEI(op): 8:16am On May 07, 2025*. Modified: 8:31am On May 07, 2025 |
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Politics › Re: Nigeria Still Owing IMF Till At Least 2029 by IMEI(op): 8:12am On May 07, 2025 |
This is to counter the propaganda piece in the frontpage |
Politics › Nigeria Still Owing IMF Till At Least 2029 by IMEI(op): 8:11am On May 07, 2025 |
Nigeria is on track to fully repay its International Monetary Fund Rapid Financing Instrument loan by 2029, according to findings by The PUNCH. The latest repayment schedule published by the Fund on its website showed that the country had secured approval for an emergency financial support of 2,454.50 million Special Drawing Rights, which translates to about $3.32bn at the prevailing exchange rate of SDR1 to $1.35404 as of May 1, 2025.The RFI loan, disbursed in full on April 30, 2020, was granted to assist Nigeria in addressing urgent balance of payments needs following the devastating economic impacts of the COVID-19 pandemic, which had triggered a sharp fall in oil prices, a recession, and widespread fiscal pressures. Under the terms of the facility, Nigeria’s remaining repayment obligations are staggered over a five-year period beginning in 2025 and concluding in 2029. For 2025, Nigeria is scheduled to repay a final principal amount of SDR 306.81 million along with charges and interest of SDR 22.81 million, bringing the total repayment due this year to SDR 329.62 million, equivalent to approximately $446.21m.From 2026 to 2029, the obligations primarily relate to charges and interest payments estimated at around SDR 26.7 million each year, translating to about $36.14m annually at the current exchange rate. Cumulatively, Nigeria is expected to repay about SDR 436.42 million over the next five years, amounting to a total of $590.78m in U.S. dollar terms based on the latest valuation.The PUNCH earlier reported that debt servicing to the IMF surged to $1.63bn in 2024, made up entirely of principal repayments, with no interest or other charges recorded. The country’s total external debt servicing for 2024 amounted to $4.66bn, up from $3.5bn in 2023. Of this, multilateral creditors accounted for the largest portion at $2.62bn or 56 per cent of the total. The IMF’s share alone accounted for 35 per cent of Nigeria’s total external debt servicing in 2024 and about 62 per cent of the total paid to multilateral lenders. Also, Nigeria’s debt to the IMF dropped significantly from $2.47bn in 2023 to $800.23m in 2024 — a reduction of 67.6 per cent, or $1.67bn, likely tied to repayments on the emergency and budget-support facility disbursed in 2020. The disbursement Nigeria received under the RFI was notable for its rapid approval and minimal conditionalities, differing from traditional IMF arrangements that typically require extensive reform programs. Nonetheless, repayment commitments remain binding, and Nigeria’s progress towards clearing the debt without needing refinancing or restructuring would be seen as a significant positive by global investors and development partners. Nigeria’s economic landscape has undergone notable changes since the loan was first obtained. President Bola Tinubu’s administration has embarked on wide-ranging reforms, including the unification of exchange rates, the removal of petrol subsidies, and renewed efforts at revenue mobilisation through improved tax administration. These measures have been aimed at strengthening fiscal buffers, enhancing macroeconomic stability, and restoring investor confidence. Economic indicators suggest cautious optimism. The World Bank projects that Nigeria’s economy will grow by 3.6 per cent in 2025, which is marginally more optimistic than the IMF’s projection of 3.0 per cent. Inflation, while still a major concern, has eased to 24.23 per cent in March 2025 from higher levels recorded earlier in the year. External reserves have also shown resilience, buoyed by stronger oil exports and remittance inflows, with Nigeria’s current account balance expected to post a surplus by 2026, according to the World Bank. At present, Nigeria has no overdue financial obligations with the IMF. The Fund recently commended the country’s efforts at maintaining macroeconomic stability, although it urged further reforms to consolidate the gains. Successfully completing the scheduled repayments would bolster Nigeria’s external credit profile, enhance access to international capital markets, and improve sovereign risk perceptions. Nonetheless, challenges persist. Risks such as fluctuations in global oil prices, domestic fiscal slippages, and security concerns could pose threats to repayment plans if not managed carefully. However, with firm policy implementation and external support, Nigeria appears positioned to close out its IMF loan obligations by 2029, marking the end of a significant chapter in the country’s post-pandemic economic recovery. https://punchng.com/nigeria-to-fully-repay-imf-loan-by-2029/ |
Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 11:16pm On May 06, 2025 |
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Foreign Affairs › Re: Russia-Ukraine War: World News, Weapons & Battlefield Discussions - Live by IMEI: 10:53pm On May 06, 2025*. Modified: 2:30am On May 07, 2025 |
Obedience40: All I see is China, Brazil, and Egypt plus a couple of struggling African and Asian countries ..😂😂😂😂 I'm shocked!!! A pro-west shill disregarding nations outside of the West's definition of the ' global community'? Thanks for making my point |