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NEWS

‘World Bank, IMF Insisted Govt Must Remove All Subsidies’ – Falana

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Last updated: September 15, 2025 5:08 am
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A Senior Advocate of Nigeria, Femi Falana, has accused the World Bank and the International Monetary Fund (IMF) of pushing the federal government to remove fuel subsidy.

Naija News reports that Falana, while speaking in an interview on Channels Television’s Politics Today on Sunday, stated that no country in the world has completely abolished subsidies.

The human rights activist further criticised President Bola Tinubu’s administration over the decision to remove the fuel subsidy.

He said, “There’s no way you can remove subsidy completely. No country in the entire world has abolished subsidies completely.

“Even leading Western countries like the United States, the United Kingdom, France and others subsidise electricity, agriculture, and many aspects of the lives of their people.

“So, when the Nigerian Government said it was removing subsidies, as a matter of fact, if I must say this, it was the World Bank and the International Monetary Fund, IMF, that insisted that the government must remove all subsidies.” 

Meanwhile, Femi Falana has challenged the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) to prove that they are not terrorist organisations.

Recall that a Canadian Federal Court had described both parties as entities that have engaged in conduct amounting to terrorism under Canadian law.

The judge, Justice Phuong Ngo, made the declaration while dismissing the asylum appeal of a Nigerian, Douglas Egharevba, ruling that Nigeria’s two main political parties, APC and PDP, were “terrorist organisations” because they allegedly use violence, coercion and subversion of democratic institutions in their bid to acquire political power.

The post ‘World Bank, IMF Insisted Govt Must Remove All Subsidies’ – Falana appeared first on Naija News.

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