Abuja, Nigeria – The recent efforts by President Bola Ahmed Tinubu to initiate the process of clearing Nigeria’s debts with the International Monetary Fund (IMF) have been met with national and international acclaim. This bold and strategic move signals a historic turning point in the country’s economic journey, affirming the President’s commitment to fiscal responsibility, economic sovereignty, and long-term national development.
Under the current administration, Nigeria is witnessing a shift toward greater economic prudence, transparency, and global financial credibility. The decision to prioritize the repayment of external debts, particularly obligations owed to the IMF, represents a firm step in restoring confidence among international investors and multilateral institutions.
President Tinubu’s actions are not only commendable but also visionary. By working toward freeing the country from the burden of IMF debt, the administration is creating room for greater financial flexibility, enabling increased investment in infrastructure, education, health care, job creation, and critical sectors that directly impact the lives of ordinary Nigerians.
This milestone aligns with the President’s Renewed Hope Agenda and reflects his dedication to building a stable, resilient economy that can withstand global shocks while fostering inclusive growth. Moreover, it lays a foundation for future generations to thrive without the weight of unsustainable debt obligations.
The Nigerian people, policy makers, and the global community are encouraged to rally around this transformational agenda, as the country enters a new era of economic independence, credibility, and prosperity.
Signed:
Engr Emmanuel Chukwuka Mormah
SSA to the Governor of Delta State on Community
08061485521
8th of May, 2025
