Tuesday 4 November 2025
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allafrica - 5 hours ago

Nigeria: Govt Seeks IMF s Support to Strengthen Fiscal Resilience in Oil Sector

[This Day] The federal government has sought the technical support of the International Monetary Fund (IMF) in designing a transparent and resilient price modulation mechanism to help cushion domestic price shocks, insulate markets from extreme global volatility, and preserve fiscal discipline. The Permanent Secretary, Ministry of Petroleum Resources, Dr. Vitalis Obi, who made the request reaffirmed Nigeria s commitment to strengthening its fiscal and energy frameworks through sustained collaboration with


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