RIGHT lawyer Femi Falana (SAN), has advised President Bola Tinubu to reject the recommendations of the International Monetary Fund (IMF) and of the World Bank, arguing that their policies and recommendations have never helped any nation to develop.
Newsextra24 recalls that the World Bank and IMF had repeatedly asked President Tinubu’s government to phase out fuel Subsidy to help grow the country’s economy.
The financial institutions have predicted that the moves will help revive the country’s deteriorating economy. However, since the removal of fuel subsidy, Nigerians have continued to suffer the ripple effect of the decision as it has adversely affected the prices of commodities across the nation.
Calling on Tinubu to reject IMF, World Bank recommendations, Falana while speaking on Channels TV’s Politics Today said, “The right thing to do is to reject the prescriptions of the IMF and the World Bank; remove fuel subsidy, float your currency and so on and so forth which have never assisted any country to develop.”
