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The International Monetary Fund, IMF, says it stands on its advice to Nigeria on foreign exchange, FX, rate and subsidy removal, saying it was necessary for the country’s macroeconomic stability. The IMF restated its stance on its policy recommendations to Nigeria on Wednesday. DAILY POST recalls that the Director of the African Department at the IMF, Abebe Selassie, had applauded the economic reforms implemented by President Bola Tinubu’s administration during a press briefing at the just concluded IMF/World Bank meetings in Washington DC., United States. Selassie said the IMF has consistentl…

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