Nigeria's Indebtedness To IMF In 2023 And 2024 - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Nigeria's Indebtedness To IMF In 2023 And 2024 (10028 Views)
| Nigeria's Indebtedness To IMF In 2023 And 2024 by yashau(op): 11:18am On Apr 18, 2025 |
Q2 2023 — $3.26 billionhttps://x.com/StatiSense/status/1913154508554715543?t=EbgLsJ5J-H7xYOXkcmd0cg&s=19 17 Likes 1 Share
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| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by joyd200: 12:50pm On Apr 18, 2025 |
H |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by HRHQueenPhil(f): 12:50pm On Apr 18, 2025 |
yashau: 9 Likes |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by triple996(m): 12:50pm On Apr 18, 2025 |
 nigeria shall be greatJust watch how rodents with a tradition of cannibalism will come here and start wailing. The wise ones among them will disappear and avoid these thread like plague. 35 Likes 6 Shares |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by Kaplan01: 12:50pm On Apr 18, 2025 |
Great 5 Likes |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by HRHQueenPhil(f): 12:50pm On Apr 18, 2025 |
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| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by ogascomax: 12:50pm On Apr 18, 2025 |
What about world Bank and 2025 first quarter 3 Likes |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by educatedfool: 12:51pm On Apr 18, 2025 |
Thank God say no be me indebt dem 1 Like 1 Share |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by Mumusaphire: 12:51pm On Apr 18, 2025 |
Hmmmm |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by lordm(m): 12:51pm On Apr 18, 2025 |
Some good news perhaps 1 Like |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by johnog4sure: 12:53pm On Apr 18, 2025 |
yashau: 10 Likes 2 Shares |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by Sheuns(m): 12:53pm On Apr 18, 2025 |
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| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by Risingblue008(m): 12:54pm On Apr 18, 2025 |
Who will pay those debt It's me and u indirectly While I no enjoy any dime, Thanks to Tinibu 13 Likes 1 Share |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by NothingDoMe: 12:54pm On Apr 18, 2025 |
In 2024, Nigeria's debt to the World Bank reached $17.81 billion, a significant increase from $15.45 billion in 2023. This represents a 15.3% increase year-over-year,One dey go up another one dey come down. Agbadonomics pyramid structure of repayment. 😅 12 Likes 3 Shares |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by Jorussia(m): 12:54pm On Apr 18, 2025 |
I don't think this should be a surprise to any body following our current economic Journey.The govt totally stopped paying subsidy on PMS about a year ago and as such there is more space to pay up outstanding loan interests and also avoid new foreign loans.To the best of my knowledge,this administration has not applied for any new foreign loan.I am aware world bank approved a loan package for Nigeria in the last weeks of PMB tenure,and that's what they have been disbursing to Nigeria since over a year now. However,I am still not happy with this news,No economic indices can gladen my heart until I see fx rate at a minimum of #1000.There should be renewed vigour to push oil production to a minimum of 2mbpd minus condensate by year end.High volume of crude oil production is the easiest and most viable way to drive economic development in Nigeria. 15 Likes 4 Shares |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by Racoon(m): 12:54pm On Apr 18, 2025 |
Imagine! Under the waster catastrophe of a man hobnobbing the world while wasting the lean resources of this nation on his useless jamborees. 2 Likes |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by blacksam01: 12:54pm On Apr 18, 2025 |
triple996:Check world bank 2 Likes |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by PressMyButton: 12:55pm On Apr 18, 2025 |
See massive reduction within a year and opposition are exaggerating everything with their satanic propaganda. I swear, no member of the opposition will make heaven. Even when facts are being presented, they keep cooking falsehood in their camp to deceive their gullible supporters. 42 Likes 5 Shares |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by Dennisochampa: 12:55pm On Apr 18, 2025 |
The enemies of Nigeria will not see anything good in this.... But if na to complain from 9ja to Congo... Them sabi... Whether they like it or yes... Nigeria will be great again 7 Likes 1 Share |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by TooMuchStuff: 12:56pm On Apr 18, 2025 |
Excellent job 3 Likes |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by nairalanda1(m): 12:56pm On Apr 18, 2025 |
Nigeria is still oil dependent And as such is vulnerable to more debt Manufactured goods and services 37 Likes 1 Share |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by MrSundry: 12:57pm On Apr 18, 2025 |
Significant reduction including the clearing of fx backlogs 4 Likes |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by ThinkSmarter: 12:57pm On Apr 18, 2025 |
Jagaban is a political genius. A true first class product of Accounting and Business management. 10 Likes 2 Shares |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by psalmsjob: 12:58pm On Apr 18, 2025 |
yashau: 10 Likes 3 Shares
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| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by mfm04622: 12:59pm On Apr 18, 2025 |
Risingblue008:Go and read the post first, then come and amend your response! 4 Likes |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by PressMyButton: 1:00pm On Apr 18, 2025 |
blacksam01: NothingDoMe:What about World bank?. Before now, una dey say check IMF, but today, IMF don hold una for throat. You cannot check IMF again. Same thing will soon happen with World bank. 13 Likes 1 Share |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by NothingDoMe: 1:00pm On Apr 18, 2025 |
PressMyButton:Hush. World bank debt has gone up more than the IMF debt reduction. Your pyramid structure economics fools no one. There's also increase in domestic debts in billions. 2 Likes |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by LoveAnswered: 1:00pm On Apr 18, 2025 |
TooMuchStuff:Are you sure?! See: https://www.nairaland.com/8402138/internet-frenzies-tuface-visits-annie |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by RandomFellow: 1:01pm On Apr 18, 2025 |
Keep it down! Tinubu might not be getting everything right, but he's definitely getting somethings right. Fuel subsidy is gone, and Nigerians will suffer. I didn't vote Tinubu, I might not still vote him in 2027. But while he is our President, I'll wish him to succeed. We Abuja residents are proud of the work Wike is doing. We might not be in the same camp, but I'm happy for what he's doing. My kids should get a better Nigeria than I got after my NYSC. They should not crave "japa" to get a better life. Nigeria must be great 6 Likes 2 Shares |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by ScamDemicEra: 1:01pm On Apr 18, 2025 |
... borrow and loot !! |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by Emeka71(m): 1:03pm On Apr 18, 2025 |
joyd200:Tinubu, keep on borrowing o! |
| Re: Nigeria's Indebtedness To IMF In 2023 And 2024 by championeh(m): 1:04pm On Apr 18, 2025 |
I actually just dug further and have the following revised update : Nigeria's IMF loan obligations have been significantly reduced, with outstanding amounts decreasing from $2.47 billion in 2023 to $800.23 million by the end of 2024. Nigeria's total debt stock, including external and domestic debt, also decreased from $108.2 billion to $94.2 billion during the same period. The IMF's Total Credit Outstanding movement shows Nigeria's total IMF credit outstanding as $306.812 million as of April 14, 2025. Source 1 : https://www.imf.org/en/Countries/NGA Source 2: https://www.imf.org/external/np/fin/tad/balmov2.aspx?type=TOTAL This is really commendable... 12 Likes 2 Shares |
15 Nations Most Indebted To IMF • Nigeria Missing Among Top African Countries With Highest Debt To IMF In 2024 • Nigeria Repays $1.22 Billion To IMF In Nine Months • 2 • 3 • 4
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