IMF Displeased with Tinubu Administration’s Fiscal Policies By Mr. Kabiru Adeniyi Adisa FCA


It is becoming increasingly evident that the International Monetary Fund (IMF) is unhappy with the economic policies being implemented by the new government led by President Asiwaju Bola Ahmed Tinubu. The IMF has made no secret of its desire for Nigeria to take on more debt from the fund, aligning with the organization’s tendency to push lending as a solution for developing economies.

However, this administration has made clear through its actions that it intends to pursue a path of fiscal responsibility and reduced reliance on external borrowing. The sweeping reforms and decisive financial measures taken in these early months signal a departure from the debt-fueled policies of previous administrations that so pleased the IMF.

Make no mistake, the IMF’s displeasure stems from its realization that under President Tinubu’s leadership, Nigeria is unlikely to seek further loans from the fund anytime soon. The IMF understands that this government’s prudent management of resources and emphasis on sustainable domestic revenue mobilization diminishes its ability to unnecessarily leverage the nation through external debt.

We must see this period as a gestational one, where tough but necessary decisions are being made to chart a new course towards economic resurgence. While the IMF may frown upon it, the administration’s policies prioritize the long-term interests of the Nigerian people over the short-term financial objectives of the fund.

As citizens, it is our duty to support and rally behind the government during this critical juncture. We must have faith in the leadership’s vision and be willing to make sacrifices today for the prosperous future we desire for our nation. United and steadfast, we can overcome any obstacles and external pressures.

The path ahead may be arduous, but the reward of self-reliance and economic sovereignty will be well worth the journey. Let us champion the government’s efforts and reject any attempts by the IMF or other external forces to subvert our nation’s interests through unsustainable debt burdens.

Together, we can build a stronger, more resilient Nigeria that dictates its own destiny, free from the shackles of excessive foreign debt. This is our moment to reclaim our economic independence and chart a new trajectory of sustainable growth and development.



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