GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

Anti-Corruption Fight: IMF Scores Buhari’s Regime

kunle kunle by kunle kunle
January 11, 2024
in Headline, News
Reading Time: 2 mins read
Anti-Corruption Fight: IMF Scores Buhari’s Regime
11
SHARES
Advertisements

THE International Monetary Fund (IMF) on Friday declared that Nigeria suffers low tax compliance and low buy-in of reforms because there is a high perception of corruption in the country.

The IMF, in a statement following a mission to Nigeria, also repeated its long-running calls to scrap fuel and electricity subsidies and said some reforms were needed as soon as possible.

READ ALSO

NSCDC, Immigration, Fire & Prisons Recruitment 2025: Portal, Requirements & How to Apply

FG to Empower 400,000 Youth with Consumer Credit from July 2025 – Here’s What You Should Know

It acknowledged the Buhari government’s “ongoing efforts to improve transparency and governance” but said, “more is needed to build public trust to implement difficult but needed reforms.”

 

“The government is in the process of presenting whistleblower legislation to the Parliament to facilitate untraceable declarations of corruption.

“However, perception of corruption remains high regarding the civil service, leading to low tax compliance and buy-in of reforms.

“Implementation of transparency and accountability measures committed under the RFI has been slow.

“Access and quality of information on the COVID-19 spending on the Ministry of Finance’s Transparency Portal has been uneven.

“The COVID-19 spending audits are just starting, and the publication of procurement contract recipients is incomplete.

“Major reforms in fiscal, exchange rate, trade and governance are needed to alter the long-running lacklustre growth path,” it said.

Nigeria’s economy grew just over four percent in the third quarter, the statistics office said earlier this week, the fourth consecutive quarter of growth.

However, the third-quarter growth rate slowed compared with the previous quarter.

The IMF warned that Nigeria faced “significant downside risks” in the near term due to the ongoing COVID-19 pandemic as well as tenuous domestic security.

But the fund’s most urgent calls related to subsidies and foreign exchange.

📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

[OPINION] 2023 election: The north is indispensable – Fredrick Nwabufo

Next Post

New Study Reveals How Palm Oil Aids Cancer Spread

Related Posts

NSCDC, Immigration, Fire & Prisons Recruitment 2025: Portal, Requirements & How to Apply

NSCDC, Immigration, Fire & Prisons Service Recruitment Portal 2025

The Federal Government is set to begin another round of recruitment into some of its key paramilitary agencies. These include...

Read moreDetails

FG to Empower 400,000 Youth with Consumer Credit from July 2025 – Here’s What You Should Know

FG to Empower 400,000 Youth with Consumer Credit from July 2025 – Here’s What You Should Know

The Federal Government has announced plans to launch a new youth-focused consumer credit scheme that will empower over 400,000 young...

Read moreDetails

Direct Link to Apply for FG Consumer Credit Scheme CrediCorp Loan 2025

Direct Link to Apply for FG Consumer Credit Scheme CrediCorp Loan 2025

The Federal Government of Nigeria has officially launched the Consumer Credit Scheme under the Nigeria Consumer Credit Corporation (CrediCorp) to...

Read moreDetails

Direct Link to Apply For FG YouthCred Financial Empowerment 2025

YouthCred Financial Empowerment 2025

The Direct Link to Apply for FG YouthCred Financial Empowerment 2025 can be accessed below..   If you're a young...

Read moreDetails

Black Market Dollar to Naira Exchange Rate Today, Wednesday, June 11th 2025

Black Market Dollar to Naira Exchange Rate Today, Wednesday, June 11th 2025

Black Market Dollar to Naira Exchange Rate Today, Wednesday, June 11th 2025 The Nigerian Naira remained relatively stable against the...

Read moreDetails

Ten Alternative Courses You Can Study with Low JAMB Score in 2025 (Even If You Didn’t Get the Cut-Off)

Courses You Can Study with Low JAMB Score

Ten Alternative Courses You Can Study with Low JAMB Score in 2025 (Even If You Didn’t Get the Cut-Off)  ...

Read moreDetails

Top 10 Countries Hiring Foreign Workers in 2025: High-Demand Jobs & Easy Visa Options for Nigerians

Top 10 Countries Hiring Foreign Workers in 2025: High-Demand Jobs & Easy Visa Options for Nigerians

Top 10 Countries Hiring Foreign Workers in 2025: High-Demand Jobs & Easy Visa Options for Nigerians Are you a Nigerian...

Read moreDetails

Top 10 Countries in Europe That Give Nigerians Student Visa Easily

countries in Europe that give Nigerians student visa easily

As a Nigerian student, dreaming of studying abroad can sometimes feel like chasing the wind. You’ve got the passion, the...

Read moreDetails

FG to Recruit 30,150 Personnel into Immigration, NSCDC, Fire and Correctional Services – See Details 

FG recruitment 2025

FG to Recruit 30,150 Personnel into Immigration, NSCDC, Fire and Correctional Services – See Details   If you've been job...

Read moreDetails

How to Check Active Status Of Your YEIDEP Bank Account and Why It Matters (2025 Update)

Check Active Status Of Your YEIDEP Bank Account

How to Check Active Status Of Your YEIDEP Bank Account and Why It Matters ( June 2025 Update) If you're...

Read moreDetails
Load More
Next Post
New Study Reveals How Palm Oil Aids Cancer Spread

New Study Reveals How Palm Oil Aids Cancer Spread

SEARCH ADS

Latest Posts

NSCDC, Immigration, Fire & Prisons Service Recruitment Portal 2025
Headline

NSCDC, Immigration, Fire & Prisons Recruitment 2025: Portal, Requirements & How to Apply

FG to Empower 400,000 Youth with Consumer Credit from July 2025 – Here’s What You Should Know
Headline

FG to Empower 400,000 Youth with Consumer Credit from July 2025 – Here’s What You Should Know

Direct Link to Apply for FG Consumer Credit Scheme CrediCorp Loan 2025
Headline

Direct Link to Apply for FG Consumer Credit Scheme CrediCorp Loan 2025

YouthCred Financial Empowerment 2025
Headline

Direct Link to Apply For FG YouthCred Financial Empowerment 2025

Black Market Dollar to Naira Exchange Rate Today, Wednesday, June 11th 2025
Headline

Black Market Dollar to Naira Exchange Rate Today, Wednesday, June 11th 2025

Courses You Can Study with Low JAMB Score
Education

Ten Alternative Courses You Can Study with Low JAMB Score in 2025 (Even If You Didn’t Get the Cut-Off)

Top 10 Countries Hiring Foreign Workers in 2025: High-Demand Jobs & Easy Visa Options for Nigerians
Headline

Top 10 Countries Hiring Foreign Workers in 2025: High-Demand Jobs & Easy Visa Options for Nigerians

countries in Europe that give Nigerians student visa easily
Education

Top 10 Countries in Europe That Give Nigerians Student Visa Easily

FG recruitment 2025
Headline

FG to Recruit 30,150 Personnel into Immigration, NSCDC, Fire and Correctional Services – See Details 

Check Active Status Of Your YEIDEP Bank Account
Headline

How to Check Active Status Of Your YEIDEP Bank Account and Why It Matters (2025 Update)

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News