It is the right of every country to borrow and access concessionary funding from the IMF.
Rising Waters, Sinking Dreams: Devastating impact of floods on Maiduguri local businessesDeluge of Death: Flood leaves Nigerian community in ruinsANALYSIS: What Tinubu’s cabinet reshuffle means for Kano APCFloodwaters of Famine: Maiduguri deluge exacerbates Nigeria’s food crisisIreti Kingibe’s claims on first-year constituency projects in FCT had more flaws than factsAll Roar and No Bite: Exposing Nigeria’s Paper Tiger Election LawsNigeria: Three stories, one message, By Azu IshiekweneAbebe...
These policies have, however, caused pain for many Nigerians, amid elevated prices and reduced purchasing power.Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.The IMF and World Bank typically spell out these reforms as prerequisites for funding support for many countries around the world.
At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
High Tariff: Nigerian ministers, others to speak on electricity crisis in Nigerian schoolsThe summit, organised by the Education Writers’ Association of Nigeria (EWAN), is aimed at addressing the escalating conflicts between tertiary institutions and electricity distribution companies (Discos) due to high electricity tariff.
Read more »
Nigerian govt, stakeholders raise concerns on implementation of PIAThe Federal Ministry of Petroleum Resources and stakeholders in the oil and gas sector have raised concerns about the need to implement the 2021 Petroleum Industry Act (PIA) for economic growth.
Read more »
Skyrocketing energy price impacting security – Afenifere to Nigerian govtThe pan-Yoruba socio-political organization, Afenifere, on Saturday, said the high cost of energy impacts health and security like it does to the economy. Afenifere's remark is in reaction to the price of a litre of petrol now going for between N1,000 and N1,400, a kilogram of cooking gas is about N1,500.
Read more »
Blackout: Nigerian Govt gives reasons for third national grid collapse in 7 daysThe Nigerian Government has said that Saturday's national grid collapse was caused by an explosion of a current transformer at the Jebba transmission station at 08:15 am hours. The Nigerian Electricity Regulatory Commission, NERC, and Transmission Company of Nigeria, TCN, disclosed this in a statement on Saturday.
Read more »
Nigerian soldiers behind oil bunkering, Tinubu govt afriad of coupFormer militant leader, Asari Dokubo, has reaffirmed his claim that those in the Nigerian Army are behind oil bunkering in the Niger Delta. Asari said President Bola Tinubu directed him to address the press, where he accused soldiers of oil bunkering in the region.
Read more »
Include Niger Delta interest in your energy transition plan – CSOs, stakeholders tell Nigerian govtAs Nigeria commits to the National Energy Transition Plan and the quest for cleaner energy resources, civil society organisations, as well as stakeholders in the Niger Delta area, have urged the Federal Government to uphold justice by ensuring that the needs and interests of the Niger Delta communities, who have been negatively impacted by...
Read more »