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IMF Warns Nigeria Of Debt And Oil And Revenue Risks - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsIMF Warns Nigeria Of Debt And Oil And Revenue Risks (5345 Views)

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Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by Disenfranchised: 8:17pm On Oct 30, 2025
Putindbutt:
So you are now ready to believe IMF grin but when they reported that Nigeria is no longer on the lists of indebted countries, did your h8te & Bittaness make you believe them? grin
There was no report of such ogbeni.
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by Tzar(m): 8:29pm On Oct 30, 2025
Which IMF? The one that it’s recommendations have never helped any country?
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by sirchim(m): 8:37pm On Oct 30, 2025
Racoon:
Shebi the impulsive white-powder sniffing govt always thinks the immediate solution to any economic challenge is to take to the IMF and Brentwood institutions neck-constricting loans or borrowings? Continue!
You mean Lagos Baban Baban BARAWOO?
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by blaise26abj(m): 8:57pm On Oct 30, 2025
Abeg carry your warnings and shove it where the sun don’t shine . Destroyers of nations . We don’t owe you anything so keep your warnings to yourselves unless you want to find a way to wreak havoc on Nigeria again
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by Putindbutt(m): 9:15pm On Oct 30, 2025
Disenfranchised:
There was no report of such ogbeni.
You won't know since it's not a bad news.
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by newnigerdelta1: 9:16pm On Oct 30, 2025
treesun:
https://x.com/NigeriaStories/status/1983792234026954876?t=VpohO2JkcAo8DfZSEPJ[/quote]I thought tatitan said they have boost Nigeria crude oil production, audio boosting..... instead, Nigeria naval is still the best to secure the Nation pipelines and the waters ways FG open your eyes
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by Reference(m): 9:19pm On Oct 30, 2025
Misterone:
Dem go see this one now since it's negative news! cool
You should actually be grateful and praiseful of whoever tells you the truth. No matter how upset you are about it, it is for your good as a country.

No matter how you colour it, debt is not good. There is no country in the world that is not worried about its present debt situation, none.

Just open your ears to international news. From the US to UK to France to Japan. They ALL want to reduce their debts no matter how addicted they are to new credit.

It is not a badge of honour as this government proudly wears it.
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by panpan(m): 9:20pm On Oct 30, 2025
The International Monetary Fund (IMF) is just a lending institution.
The IMF is not an expert on Nigeria's economic affairs.
No African country has prospered as a result of following the advice of the IMF.
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by malali: 9:39pm On Oct 30, 2025
There are serious macro-concerns ahead. Crude prices have fallen toward the 60-dollar-per-barrel range, while the national budget was built on a 75-dollar benchmark. That mismatch threatens fiscal stability.

Meanwhile, significant public borrowing continues to fund legacy-style capital projects that, so far, are not translating into meaningful revenue-producing capacity or broad employment gains. Despite substantial spending, we are still importing essential goods such as rice, even with large-scale agricultural potential in regions like Niger State. Equipment purchases alone do not equal production without strategy, execution, and industrial incentives.

My earlier optimism in the administration has shifted. Current economic policy appears reactive, subsidy structures are opaque, and external institutions like the IMF are signaling concern. If this trajectory persists, we risk emerging with more debt and limited structural improvement.
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by snowball11(m): 10:06pm On Oct 30, 2025
Daddyyin:
Everything is under control. Thank you God for blessing us with President Bola Ahmed Tinubu.
This one laptop still new! cheesy
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by abah001: 10:47pm On Oct 30, 2025
Why is this Man Mismanaging our Economy like this
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by Irony1: 2:25am On Oct 31, 2025
BreconHills:
This is a small extract from the IMF consultative meetings.

Oil fundamentals are good going into winter. Glut was caused by cheap Russian oil being sold at a steep discount. India and China are pulling back on those purchases.

IMF should focus on Venezuala and Argentina.
Dude stop all these naaaaa. Once Trump starts the shale oil run do you think the oil price will go up?
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by Irony1: 2:25am On Oct 31, 2025
Putindbutt:
So you are now ready to believe IMF grin but when they reported that Nigeria is no longer on the lists of indebted countries, did your h8te & Bittaness make you believe them? grin
Bros calm down naaaa Nigeria still owes IMF bros
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by Hexxah: 3:05am On Oct 31, 2025
Isn’t this why we are mitigating the risks by increasing our tax revenue?
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by BreconHills(m): 4:25am On Oct 31, 2025
Irony1:
Dude stop all these naaaaa. Once Trump starts the shale oil run do you think the oil price will go up?
Shale is not an economic option when Saudi can increase supply at will. The cost of extracting shale is expensive and can only be justified by super high prices.
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by alphaNomega: 5:36am On Oct 31, 2025
Orlandoo:
When the west has your files, you have to dance to their tunes whether you like it or not. This is the consequences of allowing a man with lots of baggages to rule over a country.
but that is the current requirement to be a leader

YOU MUST HAVE BAGGAGE

Look at trump. Look at Fubara (Nyesom wike's self-appointed rivers state governor)

None of them have clean hands. So do not expect anything clean from these fellas. The people use these baggages to push the leaders in the direction they deem fit for the time.
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by sulaak(m): 5:38am On Oct 31, 2025
Racoon:
Shebi the impulsive white-powder sniffing govt always thinks the immediate solution to any economic challenge is to take to the IMF and Brentwood institutions neck-constricting loans or borrowings? Continue!
Typical Nigerians talking before thinking. Where did the IMF offer loans? Their advice was against taking too much debt for recurring expenses and not prioritising production and taxes.

A country of 230 million should be able to generate more funds to support social and development programmes instead of depending on oil and debt.




IMF warns Nigeria of debt and oil and revenue risks.

IMF Warns Nigeria Over Rising Debt, Falling Oil Revenue and Fiscal Risks

The International Monetary Fund (IMF) has issued a cautionary note to Nigeria, warning that the country’s heavy reliance on oil, growing domestic debt, and overly optimistic revenue projections pose significant thr+ats to its economy.

The warning came during the IMF’s latest Article IV consultation, which revealed that Nigeria’s 2025 budget remains vulnerable due to declining oil prices, reduced production output, and a fiscal deficit projected to reach 4.7% of GDP.
Re: IMF Warns Nigeria Of Debt And Oil And Revenue Risks by sulaak(m): 5:46am On Oct 31, 2025
malali:
There are serious macro-concerns ahead. Crude prices have fallen toward the 60-dollar-per-barrel range, while the national budget was built on a 75-dollar benchmark. That mismatch threatens fiscal stability.

Meanwhile, significant public borrowing continues to fund legacy-style capital projects that, so far, are not translating into meaningful revenue-producing capacity or broad employment gains. Despite substantial spending, we are still importing essential goods such as rice, even with large-scale agricultural potential in regions like Niger State. Equipment purchases alone do not equal production without strategy, execution, and industrial incentives.

My earlier optimism in the administration has shifted. Current economic policy appears reactive, subsidy structures are opaque, and external institutions like the IMF are signaling concern. If this trajectory persists, we risk emerging with more debt and limited structural improvement.
The Tinubu government should reduce the size of the government, starting with the bloated number of 48 ministers and the over 1,000 MDAs.

The last count of Nigeria MDA 1316, but new ones are created on the fly.
https://fedcivilservice.gov.ng/mdas?d=1&page=14#

The government must reduce imports, especially fuel and food. The intention was that food imports would only last for 6 months, but they have now lasted for over a year.
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