Nigerian financial experts are advising the Federal Government to proceed with caution regarding recommendations from the International Monetary Fund. Concerns center on the potential dangers of taking on expensive foreign loans and increasing the Value Added Tax (VAT). Experts, including Managing Director of Arthur Stevens Asset Management, warn these measures could negatively impact the nation’s economic stability. They suggest a careful evaluation of the IMF’s proposals is crucial before implementation. The experts emphasize the need to avoid exacerbating Nigeria’s existing debt burden. This caution comes as the government considers strategies to bolster revenue and manage economic challenges.