• Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Wednesday, July 1, 2026
Emerald News Nigeria
  • Home
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
  • Home
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
Emerald News Nigeria
No Result
View All Result

This new discovery about Nigeria, IMF, World Bank will definitely shock you

by Emerald Nigeria
February 4, 2022
in Special Report
ShareTweetShareShare

Oyewale Tomori, a professor of Virology, has on Thursday, revealed that Nigeria is now depending on international agencies such as International Monetary Fund (IMF) and World Bank to pay workers salaries.

The professor who is a member of the World Health Organisation Technical Advisory Group on COVID-19 vaccine composition, revealed this while delivering a lecture on the topic “Science, Scientist and Society” at the 79th Interdisciplinary Research Discourse of the Postgraduate College, University of Ibadan.

According to him, the country has also become a beggar for COVID-19 vaccines.

Professor Tomori regretted that Nigeria has failed to constantly invest in education, science and technology despite the vast number of natural resources.

He said while other countries are enjoying a return on investments, the country is reaping a return on iniquity and immorality.

The University Don also revealed that this is the main reason Nigeria depends on loans from international donor agencies such as IMF and World Bank to pay salaries of workers.

Also Read:

16-Year-Old Osasere Okundaye Becomes Nigeria’s Youngest Chartered Accountant

Lagos Building Collapse: Death Toll Rises to 9 as Rescue Operations Conclude

Soldiers Rescue 53 Hostages, Recover 8 Vehicles in Borno Anti-Terror Operation

Makarfi Urges Tinubu to Declare State of Emergency on Insecurity, Warns Against Party Deregistration

While lamenting that the current democratic system in the country is full of corruption and immorality, Tomori said;

“While other countries are getting sumptuous results on their investments, we are wallowing in our own return on iniquity and on return on immorality.

“That is why we have 10.5 million of our children out of school, 4.5 million under-vaccinated, we become the poverty capital of the world.

“We are investing hugely in corruption and disdain for science and technology.

“And we now depend on IMF loans and world bank to pay our workers’ salaries, to import food which we should be producing.”

Credit: Daily Post

 

ALSO READ: “We will use our traditional means and powers to take Igboho out of detention”, Agbekoya

Tags: IMFNigeriaWorld Bank
ShareTweetShareSend
Previous Post

Why i left PDP for APC – Popular Senator reveals

Next Post

Lai Mohammed speaks on how the fight against corruption is going so far

Related Posts

LAGOS DROWNS: 12-Hour Downpour Submerges Homes, Paralyzes Traffic, Shuts Down Businesses

LAGOS DROWNS: 12-Hour Downpour Submerges Homes, Paralyzes Traffic, Shuts Down Businesses

July 1, 2026
South Africa Erupts: Thousands Demand Illegal Migrants Get Out Now

South Africa Erupts: Thousands Demand Illegal Migrants Get Out Now

June 30, 2026
SOLUDO DROPS ₦200BN BOMBSHELL: Anambra’s New Investment Powerhouse Gets Massive War Chest

SOLUDO DROPS ₦200BN BOMBSHELL: Anambra’s New Investment Powerhouse Gets Massive War Chest

June 30, 2026
INEC: Over 1.5 Million New Voters Registered as CVR Hits Seventh Week

INEC: Over 1.5 Million New Voters Registered as CVR Hits Seventh Week

June 30, 2026
Ekiti Gov Pushes Bold Reforms to Rescue Local Govt Finances

Ekiti Gov Pushes Bold Reforms to Rescue Local Govt Finances

June 30, 2026
Okpebholo: State Governors Must Lead Fight Against Insecurity, Not Blame Tinubu Alone

Okpebholo: State Governors Must Lead Fight Against Insecurity, Not Blame Tinubu Alone

June 30, 2026
Next Post
Lai Mohammed speaks on how the fight against corruption is going so far

Lai Mohammed speaks on how the fight against corruption is going so far

Trending

  • BREAKING: Governor sacks aide over post on WhatsApp status

    BREAKING NEWS THIS MORNING: Governor Sacks All Advisers, SSAs, SAs, Deputy Chief of Staff, Principal Private Secretary

    0 shares
    Share 0 Tweet 0
  • 24 Nigerian Universities Make Global Rankings – FG Reacts (See Full List and Their Global Positions)

    0 shares
    Share 0 Tweet 0
  • BREAKING: Court Sentences Former First Lady to 7 Years in Prison, And Here’s Why

    0 shares
    Share 0 Tweet 0
  • CBN Orders Banks to Freeze Accounts of These 6 Individuals, 4 Bureau De Change Operators Over Alleged Terrorism Financing

    0 shares
    Share 0 Tweet 0
  • Bullet, Blood and Kidnapping: Gunmen with Sporadic Shooting Disrupt NECO Exam, Kill Teacher, Move Students into Forest

    0 shares
    Share 0 Tweet 0
  • The Establishment Has Declared War on Us — Dickson Reacts to Court Order Against NDC

    0 shares
    Share 0 Tweet 0
  • 109-Year-Old Akara Seller Arrested as Akara, Roasted Corn, Kulikuki Trend in Nigeria

    0 shares
    Share 0 Tweet 0
  • FG Makes Big Announcement for Nigerian Secondary Schools

    0 shares
    Share 0 Tweet 0
  • OPINION: The Sack of Udu Member and the Hypocrisy of Delta State House of Assembly

    0 shares
    Share 0 Tweet 0
  • Why NDC May Not Be On The Ballot In 2027: Facts Nigerians Need To Know

    0 shares
    Share 0 Tweet 0

Latest Stories

LAGOS DROWNS: 12-Hour Downpour Submerges Homes, Paralyzes Traffic, Shuts Down Businesses

July 1, 2026

Race to 2027: 9 Political Parties Secure INEC Access Codes for Presidential, NASS Nominations

July 1, 2026

South Africa Erupts: Thousands Demand Illegal Migrants Get Out Now

June 30, 2026

Governor Oborevwori Resolves DELSUTH Crisis, Moves To Revamp Teaching Hospital

June 30, 2026

Governor Sacks Traditional Ruler Over Allegations of Aiding Insecurity in His Community

June 30, 2026

SOLUDO DROPS ₦200BN BOMBSHELL: Anambra’s New Investment Powerhouse Gets Massive War Chest

June 30, 2026

FG Makes Big Announcement for Nigerian Secondary Schools

June 30, 2026

OPINION: The Sack of Udu Member and the Hypocrisy of Delta State House of Assembly

June 30, 2026

Ethiope State Debate: Dafinone’s Position Anchored On Facts, Not Political Theatre — Response To Anaughe

June 30, 2026

INEC: Over 1.5 Million New Voters Registered as CVR Hits Seventh Week

June 30, 2026
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

© 2024 Emerald News Nigeria.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Emerald News Nigeria
  • Inside Delta
    • Niger Delta
  • Politics
  • Economy
  • Crime
  • Education
  • Health
  • Entertainment
  • Relationship
  • Special Report

© 2024 Emerald News Nigeria.