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Tag Archives: IMF

Ahmed Lawan, Senate president,

Conditions for IMF’s $3.4 billion loan to Nigeria

Conditions for IMF’s $3.4 billion loan to Nigeria

Nigeria’s $3.4billion IMF loan comes with many charges, fees, surcharges and interest of between two to three percent per annum, and further devalues the Naira to N389.976/USD as against CBN’s N360/USD. As expected the International Monetary Fund, IMF, yesterday approved Nigeria’s application for $3.471.83 billion to bridge shortfalls in the 2020 budget and respond to

End World Bank, IMF, SAP Regime

Sometime in 1970, General Yakubu Gowon, in his true element of frankness, returned from a trip to Equatorial Guinea and told journalists at the airport of his wish of a Nigeria that would be a pride of Africa in all respects. Click here to download a copy He always avoided the use of the word,

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