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Poverty Persists Despite Nigeria’s Reforms Gains; But Don’t Reintroduce Subsidy – IMF Tells Tinubu The International Monetary Fund (IMF) has urged the federal government to maintain a neutral fiscal stance in 2026, warning that poverty and food insecurity could worsen despite improvements in Nigeria’s macroeconomic stability. In its 2026 Article IV consultation report released on Tuesday, the Washington-based lender said reforms implemented over the past three years have strengthened economic resilience, but cautioned that higher global fuel and food prices pose fresh risks to inflation and living standards. “Strong reforms over the past three years have yielded improved macroeconomic outcomes…

Tinubu’s N65.9trn Debt In 24 Months Exceeds Five Times Nigeria’s Total Borrowing In 55 years — Oye The Chairman of the Alliance for Economic Research and Ethics LTD/GTE, Dele Oye, has lamented the unprecedented rise in public debt under the current administration, noting that the N65.9 trillion borrowed by the Bola Tinubu administration in the last 24 months exceeds more than five times the total debt Nigeria incurred in the first 55 years of its independence. Oye, who is the immediate past chairman of the Organised Private Sector of Nigeria (OPSN), noted that while successive governments accumulated debt over decades,…