PRP to Tinubu: Relying on IMF, World Bank's policies worsening Nigeria's economy

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PRP to Tinubu: Relying on IMF, World Bank's policies worsening Nigeria's economy
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Abdulsalam AbdullahThe Peoples Redemption Party says President Bola Tinubu’s reforms have pushed the nation’s “misery index to an unprecedented level”.

“Headline inflation is inching up to 40% and rising, poverty levels are exacerbating, unemployment and underemployment levels are increasing because of low capacity utilization and factory closures, taxes are being increased, and notwithstanding these developments, so are interest rates! How realistic, humane, and sensible are these actions by the government?

“Indeed, even the Western world’s institutions have come out recently to advise the Nigerian government that the policies being pursued and implemented wouldn’t take us to Eldorado or out of our woods!

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