IMF Exonerates Self, Says Fuel Subsidy Removal Was Tinubu’s Decision …C0NTINUE READING HERE >>>
The International Monetary Fund (IMF) has denied advising the Nigerian government to remove fuel subsidy, saying it was a decision taken by President Bola Tinubu.
It would be recalled that President Tinubu in his inaugural speech on May 29, 2023, had declared “subsidy is gone”, sparking a wave of actions and reactions that have seen the price of petrol rise from N185 per liter to N1,200 presently and contributing significantly to inflation which has spiralled to 32.7 per cent.
The Tinubu-led government had also floated the currency and removed subsidy on electricity.
IMF’s…
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