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The International Monetary Fund (IMF) has suggested the Federal Government to not restore broad petrol subsidy, however deploy focused help for weak households to cushion the influence of rising power prices.
IMF argued that blanket petrol subsidies had been costly, usually benefited higher-income shoppers disproportionately and will worsen fiscal pressures amid rising borrowing prices.
Rodrigo Valdés, director of the IMF’s fiscal affairs division, made the disclosure throughout a press briefing on the fund’s fiscal monitor on the 2026 annual conferences of the IMF and World Bank in Bangkok, Thailand, on Wednesday.
Gambo Ismaila is a blogger and copywriter based in Gombe, and he hails from Gombe State. He has five years of experience writing news articles that are grounded in facts, with a focus on reporting that is clear, accurate, and easy for readers to follow. He is the voice behind Talk Politics, his own blog, where he shares his writing with an audience that follows public affairs. His work as a copywriter adds a sharp eye for clear, engaging language, so his stories stay readable without losing accuracy.
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