IMPI said, “We urged the U.S. government to engage directly with Nigerian authorities and validate data before acting on advocacy-driven reports.”
The think tank said Nigeria’s poverty crisis was not caused by a lack of resources but by successive governments’ failure to manage the resources prudently.
The group said while not objecting to the audit of the refineries, limiting it to the APC years alone was a disservice to transparency.
The IMF cautioned that on a per capita basis, Nigeria’s economic growth remains low
The chairman of the initiative, Omoniyi Akinsiju, stated this in a press release on Tuesday.
IMPI said the efforts of Mr Tinubu’s administration in 2024 yielded notable improvements in petroleum industry output despite mounting challenges.
The group outlined the pragmatic thinking behind many of the initiatives of Mr Tinubu’s administration.
The IMPI chairman said it would seem that some individuals and groups were laying the groundwork for insurrection under the cover of a peaceful protest.
Based on President Bola Tinubu’s economic and monetary policies, IMPI has predicted a one-trillion-dollar economy for Nigeria.
