…Lent $240m to World Bank in 1974; $120m to IMF in 1975
In the mid-1970s, Nigeria occupied a position few developing countries could boast of. Flush with oil revenues and rising foreign reserves, the country was not seeking financial assistance from international institutions; it was helping to
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Taofeek Oyedokun
Taofeek Oyedokun is a correspondent at BusinessDay with years of experience reporting on political economy, public policy, migration, environment/climate change, and social justice. A graduate of Political Science from the University of Lagos, he has also earned multiple professional certificates in journalism and media-related training. Known for his clear, data-driven reporting, Oyedokun covers a wide range of national and international socioeconomic issues, bringing depth, balance, and public-interest focus to his work.
