IMF Welcomes Nigeria’s Bold Reforms, Insists Outlook Uncertain with Low Oil Prices Backs tight monetary policy, private sector-led growth CBN: FG recorded $2.06bn capital inflow, $2.20bn trade surplus in January
James Emejo in Abuja, Nume Ekeghe and Dike Onwuamaeze in Lagos The International Monetary Fund
(IMF) has commended Nigeria’s ongoing economic reforms, describing them as bold measures that have helped stabilise the economy and laid
the groundwork for future growth. However, the Fund also cautioned that declining oil prices and global economic uncertainty could pose
risks to the country’s macroeconomic outlook. This was as the Central Bank of Nigeria (CBN) in its January 2025
Economic Report revealed that the federal government attracted $2.06 billion in foreign capital in January, compared to $1.57 billion in December
2024, amid favourable returns in the domestic financial market. The country Continued on page 5
Omokri Replies El-Rufai, Insists Nigeria More Secure Under Tinubu...
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Saturday April 19, 2025 Vol 30. No 10967
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Davido Releases Fifth Studio Album...
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In Easter Messages, Tinubu, Jonathan, Governors, Others Preach Peace, Unity President promises to deliver just, prosperous nation for all Nigerians
Deji Elumoye, Chuks Okocha, Olawale Ajimotokan in Abuja, Dike Onwuamaeze in Lagos, Laleye Dipo in Minna and Segun Awofadeji in
Bauchi As Christians worldwide commemorate Easter, a message
of peace and unity has resonated across Nigeria with President Bola Tinubu; former President Goodluck Jonathan; Governors of Katsina, Dikko
Radda, Niger, Alhaji Mohammed Bago, and Bauchi, Bala Mohammed, FCT Minister, Nyesom Wike joining religious leaders yesterday, in urging
citizens to embrace harmony and national cohesion. Tinubu, pledged to deliver a better, more just and prosperous nation for
all Nigerians. In his Easter message,
the
Continued on page 5
Wike: Tinubu Saved Fubara by Declaring State of Emergency, I Wanted Him Out Says PDP not ready for 2027, tips president to remain till 2031 Fayose: I will work against Atiku again Chuks Okocha and Olawale Ajimotokan in Abuja The Minister of Federal Capital Territory (FCT), Nyesom Wike, yesterday, said he wanted Siminalayi Fubara to be removed as Governor of Rivers State but President Bola Tinubu saved him by declaring a State of Emergency in the State. Also yesterday, former Governor of Ekiti State and Wike’s ally, Mr. Ayodele Fayose, declared that he would once more work against former Vice President Atiku Abubakar if he decides to join the presidential race in 2027. Fayose, said this in an interview on a national television. Tinubu had declared a State of Emergency in Rivers State on March 18, suspending the Governor and the House of Assembly members. Vice Admiral Ibok-Ete Ekwe Ibas was appointed a Sole Administrator for the State. Wike, who spoke during a media chat in Abuja, yesterday, also declared that the Peoples Democratic Party (PDP) was unprepared for the 2027 Continued on page 5
TOWNHALL MEETING ON PRESIDENTIAL INTERVENTION FUND... L-R: Special Adviser to the President on Job Creation and MSMEs, Mr. Temitola Adekunle-Johnson; Minister of State for Industry, Trade and Investment, Senator John Owan Enoh; Managing Director/CEO, Bank of Industry (BOI), Dr. Olasupo Olusi, and Cross River State Commissioner For Women Affairs, Hon. Edema Irom; during the Townhall Meeting on the N200 Billion Presidential Intervention Fund held in Calabar…recently