DAILY POST
The International Monetary Fund, IMF, has emphasised the need for the Federal Government of Nigeria to eliminate electricity subsidy.
This was disclosed in the IMF’s latest country report for Nigeria, in which the global monetary institution insisted that the Tinubu administration’s focus on revenue mobilisation and digitalisation would improve public service delivery and safeguard fiscal sustainability.
The IMF report pointed out that the envisaged reduction in the overall deficit in 2024 would help contain debt vulnerabilities and eliminate the need for CBN financing.
