Comments on: IMF tells Nigeria to increase VAT, remove oil subsidy

By: Tyarow

Tyarow — Fri, 08 Jan 2016 15:51:00 +0000

Fine words, gloss and no real and new substance. Heard it all before. Yawn… An hour long free time for the Senate. It’s now Senate time to do lunch. Lol!

By: Tyarow

Tyarow — Fri, 08 Jan 2016 15:43:00 +0000

Apparently, Ms Lagarde side stepped the billions of money that had been looted and still been looted out of the country.
How can you talk of good management of the economy when the resources you have already is not been used wisely?
The only people who can and will propel and help the Nigerian economy move forward are ordinary Nigerians who will been hit directly harder by this short sighted prescriptive policies by Mrs Lagarde.
The Nigerian film and entertainment industries are good examples of the common people economic regeneration if given the substantive opportunity.
IMF is a megaphone for the interest of the West.
In my book, this is the best time and opportunity for Nigerians to “do it themselves” by using their innate resilience in a creative way to chart thier way out of the present economic straitjacket they put themselves into. The present Nigerian economic situation is dire enough but not insurmountable. This current financial conundrum of the country is nothing new in the world. IMF, go away and preach your doom laden economic gospel to the uninitiated.

By: HAMZA

HAMZA — Thu, 07 Jan 2016 17:02:00 +0000

IMF are not good managers for nations’ economies BUT loan specialist that will leave borrower nations in perpetual debt and their citizens in abject poverty and suffering.
And even before the coming of the IMF head to Nigeria, the Federal Government has talked about removing oil subsidy and looking inwards in trying to get out of the present economic situation.
May God provide our leaders with the required policies and direction.