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

Summary by allAfrica
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 ener…

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

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 ener…

·South Africa
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allAfrica broke the news in South Africa on Tuesday, November 4, 2025.
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