Showing posts with label World Bank (WB). Show all posts
Showing posts with label World Bank (WB). Show all posts

Wednesday, September 18, 2024

The Oppressors Who Love The Oppressed

 By Owei Lakemfa

It is bizarre. The International Monetary Fund, IMF, calling on the government to protect the poor from the impact of the fuel price hikes it engineers! To add to its criminal thought process against the Nigerian people, the same IMF is telling the Tinubu administration that fuel prices in Nigeria are too low and need to be increased because it is allegedly selling below market price. What market?

To understand this, we need to know that the Western Europe-owned IMF and its Siamese American twin, the World Bank, have since 1981 told every successive Nigerian government that our petroleum product prices are too cheap and must be increased.