We Have Fully Repaid $3.4 Billion COVID-19 IMF Loan – FG

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The federal government of Nigeria has confirmed that it has fully settled the $3.4 billion COVID-19 loan obtained from the International Monetary Fund (IMF).


The Minister of Information and National Orientation, Mohammed Idris, confirmed this while briefing State House correspondents after the Federal Executive Council meeting at the State House, Abuja, on Monday.


The confirmation comes days after Papers News had earlier reported that Nigeria is no longer on the list of indebted countries to IMF following the full settlement of its outstanding credit obligations.

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