Nigeria has cleared its debt with the International Monetary Fund (IMF), removing it from the IMF’s debtor list.
Senior Special Assistant to the President on Digital Engagement and Strategy, O’tega Ogra said this signifies a strategic reset for the nation’s financial policy.
According to Ogra, the achievement reflects the administration’s focus on fiscal discipline, long-term sustainability, and economic resilience.
“This milestone signals a new chapter for Nigeria, one marked by clarity, capacity, and fiscal responsibility,” Ogra said. “We are no longer defined by aid dependence but by our capacity to stand tall and manage our financial future on our terms.”
Ogra cited IMF’s latest report which he said marks a turning-point in the country’s fiscal journey, reflecting the success of Nigeria’s debt reduction plan under President Bola Tinubu.
Ogra also hinted that Nigeria would continue to engage with the IMF and other international partners strategically.
Culled From Radio Nigeria Headquarters
