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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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APC Stakeholders Urge Makinde To Prioritise Spending Over Gov’t House Renovation

APC Leaders Warn Makinde Against Reckless Spending Leaders of the All Progressives Congress (APC) in the outer city zones of Ibadanland, Oyo State , have called out Governor Seyi Makinde over what they describe as excessive and wasteful spending . They made their position known in a communique issued after a quarterly meeting held at the APC Secretariat on New Ife Road, Egbeda LGA , on Wednesday. Among other things, the APC group condemned the allocation of ₦63.5 billion for the renovation of the Agodi Government House and an additional ₦14.3 billion for an Instrument Landing System (ILS) at the Ladoke Akintola International Airport, Ibadan . They said the airport upgrade had already received ₦42 billion upfront , followed by another ₦10 billion later , making it one of the most expensive infrastructure projects in the state. “Oyo Is Not […]

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