Nigeria accepted IMF loan out of greed, says DVC

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The Nation Newspaper Nigeria accepted IMF loan out of greed, says DVC

Onibon stated that the IMF is one of the major challenges bedeviling the economic growth in the country.

The Associate Professor made these assertions during the Anwar-ul Islam Movement of Nigeria Ramadan lecture in Agege, Lagos. “In 2019 the National Bureau of Statistics reported that four out of 10 Nigerians were poor meaning 40 percent of Nigerians are poor. In 2022, report says 6.3 out of 10 Nigerians were multi-dimensionally poor, meaning 63 percent of over 200 million Nigerians are poor. Today, the number of beggars is increasing, whereas the palliative is supposed to reduce poverty.”

Dr Onibon urged President Bola Ahmed Tinubu and all political holders to renew their intentions to rebuild the country as this will put a smile on the face of the masses.“The citizen should also renew their intentions. The success of this country depends on our intentions. All decisions and policies that are taken out of sincere intention will always end in a good way. Let the leaders and followers renew their intentions and be disciplined.

 

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