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IMF advises Nigeria to phase out subsidies, target savings to poor

The IMF reiterated its standard advice to Nigeria and other countries to gradually phase out fuel subsidies and redirect savings to targeted support for the poor. This is a continuation of longstanding IMF policy, not a new development. The advice underscores fiscal pressure on Nigeria amid subsidy reform debates.

Premium Times2 days agoNGengCredibility 11%View source

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Mosaic Score2.0
Model confidence0.9
Significance0.1
Source credibility0.1

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