Why Nigeria's not among countries granted debt relief by IMF - Finance Minister

Early this week, the IMF announced the decision of its Executive Board to grant debt relief to 25 countries. Nigeria is not among the beneficiaries., Ayuba Wabba, said Nigeria deserved to be granted debt pardon from IMF/World Bank.handle, @ZShamsuna, on Thursday, said the relief was meant for the “poorest and most vulnerable members to cover part of their IMF debt obligations.”

“As indicated in IMF Executive Board statement, the relief ‘provides grants to our poorest & most vulnerable members to cover their IMF debt obligations for an initial phase over the next six months. The new application, she said, was for financing under the Rapid Financing Initiative , under which Nigeria, like other members, was entitled to access up to 100 per cent of its contribution quota.

Others are Nepal, Niger, Rwanda, São Tomé and Príncipe, Sierra Leone, Solomon Islands, Tajikistan, Togo, and Yemen. As the most populous country in Africa and a major regional transportation hub, with very active citizens, the labour leader said Nigeria could be a major epicentre for future global waves of COVID-19 if adequate support was not extended to the country to fight and contain the coronavirus pandemic.

We don't own IMF but Nigeria government has sold its internal organs to the Chinese.

No debt, then there's no debt relief. If you don't owe IMF, you can't get debt relief.... Simple as that. Go borrow then get debt relief.

Because they know that our government will the money in their pocket or tell us there is another fire outbreak

We hope so

Nigeria is among, where re you getting your information from, don't you read

We're a rich country.. I suppose

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Coronavirus: Why Nigeria deserves debt pardon from IMF/World Bank - NLC - Premium Times NigeriaThe labour movement expressed displeasure that Nigeria was excluded from the list of benefitting countries announced by IMF. Someone gave you a loan and you're telling him to write it off for whatsoever reason. Na by force? After reading The Debt Threat by noreenahertz I have come to realise the WorldBank and IMF hardly 'pardons' debt. The most they can do is promise debt relief and after some time, you hardly hear of the discussion. For now, let's just stay alive.
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NLC faults IMF for excluding Nigeria from debt relief – Daily TrustThe Nigeria Labour Congress says Nigeria ought to benefit from the debt relief fund the International Monetary Fund granted 25 countries to fight the COVI-19 pandemic. IMF Managing Director Kristalina Georgieva had said the institution would provide $500m in grant-based debt service relief to Afghanistan, Benin, Burkina Faso, Central African Republic, Chad, Comoros, Congo, The … Why, after all, the debts are all stolen Does Nigeria still has an nlc?! They should hide their faces. After the highly rigged election that brought Ayuba, the nlc has been in shambles. Toothless dog! Why should IMF includes Nigeria..?..it will be tantamount to mere dashing out money to the politicians
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