Oladeinde Olawoyin

Mr Edun said the move is part of efforts by the fiscal authorities to complement the efforts of the monetary policy authorities and drive necessary economic reforms.

The CBN plans to improve supply organically without its intervention from time to time while maintaining balance in the market.

"You don’t always have to take their advice. The IMF said to us that we shouldn’t do domestic issues of dollar bonds but we did it and we were 100 per cent oversubscribed. But we still value their viewpoint and take it into account."

It is the right of every country to borrow and access concessionary funding from the IMF.

The government recently removed subsidies on petrol and unified the various windows of the foreign exchange market.

Mr Ibrahim said the food vouchers will be more effective in addressing the hunger crisis ravaging the nation than the cash transfer initiative being implemented by the government.

Last week, reports emerged in the media that the IMF denied playing a role in the removal of petrol subsidy by the President Bola Tinubu-led Nigerian government.

Last week, reports emerged in the media that the IMF denied playing a role in the removal of petrol subsidy by the President Bola Tinubu-led Nigerian government.

Iyabo Masha speaks on a wide range of issues such as illicit financial flows ... trade, and how the G24 is helping developing economies address debt issues.

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