₦airaland Forum

BigDawsNet:
I am really good at finances


All my bills are outstanding

biggie73:
IMF= economic hardship

OkCornel:
I had a good laugh 😹

Nice one

EmperorCaesar:


Useless article

Is IMF the ruler of Nigeria?

Were they supposed to send out orders to our President in the first place?

Wouldnt you be worried if the FG couldnt make decisions on their own and would have to rely on IMF for everything?

When Tinubu talked about removal of fuel subsidy during his campaign, was it the IMF that advised him to add that to his agenda then?

Useless Article, once again

Shadomaan7:
The news is not new. The subsidy removal was a local decision.

EmperorCaesar:


Useless article

Is IMF the ruler of Nigeria?

Were they supposed to send out orders to our President in the first place?

Wouldnt you be worried if the FG couldnt make decisions on their own and would have to rely on IMF for everything?

When Tinubu talked about removal of fuel subsidy during his campaign, was it the IMF that advised him to add that to his agenda then?

Useless Article, once again

tundegan:
Tinubu is a leader with vision, and he will be vindicated in the long run.

EmperorCaesar:


Useless article

Is IMF the ruler of Nigeria?

Were they supposed to send out orders to our President in the first place?

Wouldnt you be worried if the FG couldnt make decisions on their own and would have to rely on IMF for everything?

When Tinubu talked about removal of fuel subsidy during his campaign, was it the IMF that advised him to add that to his agenda then?

Useless Article, once again

Wisfem:
The only sad thing is when a president is working as a body guard or servant to another presidents just because he can steal enough money to fix his own problem and settle his friends, but in the larger picture he is a slave to another presidents or one stupid British prime minister, I have not heard IMF advising Biden, Macron or Even xi jinpin to allow there Citizens to continuing suffering till 11 years.

EmperorCaesar:


Useless article

Is IMF the ruler of Nigeria?

Were they supposed to send out orders to our President in the first place?

Wouldnt you be worried if the FG couldnt make decisions on their own and would have to rely on IMF for everything?

When Tinubu talked about removal of fuel subsidy during his campaign, was it the IMF that advised him to add that to his agenda then?

Useless Article, once again

Zico5:
Tinubu is not thinking right at all. How can you circle yourself with enemies of this country who are only interested in what to benefit from the country rather than finding ways to better the lives of the masses.

EmperorCaesar:


Useless article

Is IMF the ruler of Nigeria?

Were they supposed to send out orders to our President in the first place?

Wouldnt you be worried if the FG couldnt make decisions on their own and would have to rely on IMF for everything?

When Tinubu talked about removal of fuel subsidy during his campaign, was it the IMF that advised him to add that to his agenda then?

Useless Article, once again

NLCreator:
https://saharareporters.com/2024/10/25/imf-denies-asking-tinubu-government-remove-fuel-subsidy-nigeria-says-decision-domestic

43Ronin:
Because they were d people that put him there and convinced INEC to declare him d winner despite a very fraudulent election. Half of Nigerians thought the election would be rerun. See below

His words: “Subsidies are about resource allocation internally within Nigeria. So Nigerians, the people of Nigeria pay for these subsidies.
“And what’s the reason why we counsel against such generalised subsidies is very simple. It tends to be highly regressive, meaning the benefits of such you know, fuel subsidies tend to accrue to the rich and segments to reach out to people and the poor people.
“So it’s people that are driving these large cars, with big houses are wanting to see subsidised fuel. They’re the ones benefiting relative to the poor and vulnerable in Nigeria.
“So you know, not only people paying for the subsidies Nigeria, it’s the poorest segments of society that actually are losing out and resources could instead, of course, be used to improve conditions for poorer people instead of accruing to rich people.
“That’s why subsidy reform is important. We applaud the government for the steps government took to reduce the extent of subsidies. I think as oil prices have become volatile, the level of subsidy has also moved up and down. “But I think you know, the direction of travel, I think, to remove the subsidies and use the resources to provide social protection for the most vulnerable households.”
Mr. Selassie revealed that the IMF has provided the sum of $58 billion to African countries since the outbreak of the COVID-19 pandemic and pledged it would do more.
The IMF chief cautioned African countries against commercial loans for the purposes of refinancing because of the current rate hike in most economies.
https://www.vanguardngr.com/2024/04/imf-why-we-asked-nigeria-to-remove-fuel-subsidy/

Salewa97:
Toh

Now the critics can rest

tundegan:
Tinubu is a leader with vision, and he will be vindicated in the long run.

NLCreator:
https://saharareporters.com/2024/10/25/imf-denies-asking-tinubu-government-remove-fuel-subsidy-nigeria-says-decision-domestic

Kobojunkie:
🤣🤣🤣 Please start using your head abeg! 🤣🤣🤣🤣🤣🤣🤣🤣

That Obasanjo implemented the reforms DOES NOT imply that Obasanjo was some form of saint himself or did not have a hand in creating the situation is in today with godfatherism and criminals running all over the place. Neither does it, in any way, absolve Obasanjo of any crimes he and his cabinet may have committed during his time in office. Rather, saying he successfully implemented the IMF/World Bank reforms simply means that Obasanjo followed the requirement suggested by the IMF/World Bank and Nigeria reaped many of the benefits of it.

The gains of the implementation of the IMF/World Bank reforms during the last 4 years of Obansanjo CANNOT be erased or occluded primarily because that administration also happened to have been the most transparent Nigeria had ever had.

tundegan:
Tinubu is a leader with vision, and he will be vindicated in the long run.

MadPolitician:
■ I don't understand you. You're all over the place. You are not condeming him and you're not absolving him of any crime. The idea that Obasanjos administration was clean is a huge joke. Obasanjos administration was transparent? With him dubiously doubling as the Minister of Petroleum, a trend that has been followed by the most corrupt presidents ever since? Wait till a vindictive president open his book. All those privatisations and sell offs, haven't really worked out. Or have they?