Nduka Chiejina, Abuja and Collins Nweze, Lagos BARELY 24 hours after receiving $311 million Abacha loot from the United States and the Island of Jersey, the Federal Government has…
Tag: IMF
FG PROMISES IMF, NIGERIANS TO PAY MORE FOR ELECTRICITY
Ihuoma Chiedozie and Okechukwu Nnodim Nigerians will pay much higher tariff for power in 2021, going by promises made by the Federal Government to the International Monetary Fund while seeking…
FUEL SUBSIDY WILL NOT RETURN, FG ASSURES IMF
Femi Asu The Federal Government has pledged that it will ensure that fuel subsidy, which was recently removed, does not re-emerge. The Minister of Finance, Budget and National Planning, Mrs…
NIGERIA TO REPAY IMF’S 3.45BIL DOLLAR LOAN IN 5 YEARS
A day after the International Monetary Fund (IMF) granted Nigeria’s request for a $3.4 billion emergency fund, the federal government has said that it is a flexible loan, which will…
CORONAVIRUS: IMF GRANTS DEBT RELIEF TO 25 COUNTRIES
Washington, DC – Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) issued the following statement: “Today, I am pleased to say that our Executive Board approved immediate debt…
CORONAVIRUS: NGOZI OKONJO IWEALA GETS NEW IMF APPOINTMENT
Okonjo-Iweala gets new IMF appointment Nigeria’s former finance minister, Ngozi Okonjo-Iweala, was on Friday named a member of the External Advisory Group constituted by the Managing Director of the International…