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‘Very Fatalistic Statement’ – Presidential Aide Faults IMF Over Nigeria Report

Presidency Slams IMF For ‘Fatalistic’ Take on Nigeria’s Economy The Federal Government , through Special Adviser to the President on Economic Affairs, Tope Fasua , has strongly criticized the International Monetary Fund (IMF) over its recent report titled: “How Nigeria Can Unleash Its Economic Potential.” Fasua described the report as overly negative and disconnected from the real progress being made by the government. He called the tone of the IMF statement “very fatalistic,” adding that it risks undermining public confidence in Nigeria’s economic recovery. “Let Us Implement Our Policies First” – Fasua Speaking on Channels Television’s The Morning Brief , Fasua said the government has only just implemented major reforms like tax relief for low-income earners and doubling tax thresholds for small businesses . “We haven’t even allowed these policies to settle, yet we’re hearing all sorts of fatalistic statements […]

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Peter Obi Drops Bombshell, Claims Tinubu Borrowed More Than 3 Presidents Combined

Peter Obi Slams Tinubu Over Democracy, Borrowing Habits Peter Obi, the Labour Party’s 2023 presidential candidate, has accused President Bola Ahmed Tinubu of weakening Nigeria’s democracy and taking the country into economic decline since assuming office two years ago. Obi made the remarks during Democracy Day celebrations on Thursday, June 12, criticizing Tinubu’s leadership and calling for urgent reforms. “After a close look at this administration, it’s clear that many things are not working as they should,” Obi stated. He also claimed that Tinubu’s government has borrowed more money than the last three Nigerian presidents combined—a shocking accusation that has sparked widespread debate. Democracy in Recession Under Tinubu – Obi In his statement, Obi argued that Nigeria’s democratic institutions have weakened under Tinubu’s leadership. “The system is in recession—not just economically, but politically and institutionally,” he said. Obi pointed to […]

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