Peter Obi Questions Fiscal Transparency Following IMF Consultation Report Former Labour Party presidential candidate Peter Obi has intensified his criticism of President Bola Ahmed Tinubu’s administration, alleging that Nigeria is facing a deepening crisis of public finance management after citing findings from a recent International Monetary Fund (IMF) consultation report. In a statement released on […]
The International Monetary Fund (IMF) has reduced its growth forecast for Nigeria, citing low oil production, severe flooding, and inflation as significant challenges to the nation’s economy. In its latest World Economic Outlook (WEO), the IMF revised Nigeria’s projected growth rate for 2024 to 2.9%, down from the previous estimate of 3.3%. The downgrade stems […]
