IMF Urges FG to Boost Revenue, Cut Waste Amid Rising Debt
The International Monetary Fund (IMF) has urged the Federal Government to improve revenue collection, eliminate tax system distortions and reduce wasteful spending as Nigeria faces rising public debt and debt-servicing costs. The Fund also recommended targeted transport subsidies to protect vulnerable Nigerians from rising fuel prices, warning that blanket subsidies are costly and often fail to direct support to those who need it most. The recommendations were made by the […]
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