Peter Obi blames Nigeria’s IMF exclusion on indiscipline, poor leadership
Peter Obi says Nigeria’s exclusion from the IMF’s list of Africa’s fastest-growing economies reflects indiscipline, corruption, and poor leadership.
Peter Obi says Nigeria’s exclusion from the IMF’s list of Africa’s fastest-growing economies reflects indiscipline, corruption, and poor leadership.
IMF lists Benin Republic, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda among the continent’s fastest-growing economies, citing fiscal reforms and strong policy frameworks.
The IMF has upgraded Nigeria’s 2025 growth forecast to 3.9% while pledging tougher measures to trace illicit financial flows draining the nation’s revenue.
The Presidency says the IMF’s upgraded growth forecast for Nigeria proves President Tinubu’s reforms are working, citing gains in fiscal management, trade, and investment confidence.
The Presidency has confirmed that Finance Minister Wale Edun is seriously ill, prompting CBN Governor Olayemi Cardoso to assume his duties at key global meetings while President Tinubu seeks a potential replacement.
CBN Governor Olayemi Cardoso will lead Nigeria’s delegation to the World Bank and IMF annual meetings in Washington after Finance Minister Wale Edun was unable to attend due to illness.
Julius Malema, Muhammad Sa’ad Abubakar III, the Sultan of Sokoto, and Governor Peter Mbah used the NBA conference in Enugu to caution Africa against debt, corruption, and weak justice systems.
IMF says Nigeria will grow faster than the UK, US, and Germany in 2025 after revising its growth forecast to 3.4%.
The IMF has revised Nigeria’s 2025 economic growth forecast upward to 3.4%, citing improved global conditions.
Poverty and food insecurity have risen, and the government is now focused on raising growth.