‘Tinubu surrendered Nigeria’s sovereignty to IMF, World Bank’– HURIWA 

HURIWA on World Bank IMF

The Human Rights Writers Association of Nigeria, (HURIWA), has condemned President Bola Tinubu’s recent economic policies, saying they have undermined Nigeria’s sovereignty. HURIWA noted that the condemnation comes in the wake of Tinubu’s dramatic policy shift, which it said starkly contrasts with his previous stance against similar policies under former President Goodluck Jonathan. In a press statement, the association recalled that before ascending to the Presidency, Tinubu was a vocal critic of the International Monetary Fund (IMF) and World Bank’s economic prescriptions. According to the group, during Jonathan’s administration, Tinubu,…

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Nigeria expecting World Bank’s $1.5bn budget support loan, Edun confirms

Minister of Finance and Coordinating minister for the Economy, Wale Edun, at the weekend confirmed ongoing talks with the World Bank for a $1.5 billion concessionary loan to support budget funding and signaled that the money will likely come in soon. Edun, who confirmed the development during a press meeting on the sidelines of the annual meetings of the World Bank and International Monetary Fund (IMF) in Marrakech, Morocco, said the loan request will possibly be discussed as the Federal Executive Council (FEC) met yesterday. “On the talks with the…

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