 In the meantime, the International Monetary Fund, IMF, has warned the total expenditure on subsidy might hit a record 6 trillion Naira mark by the end of the year, with Nigeria's fuel subsidy payout averaging 500 billion Naira monthly. According to IMF, the macro fiscal stress test is conducted on the country, showed that interest payments on debts in the country could amount to Nigeria using 100% of its revenue to service debts by 2026. If not closely monitored, the representative of IMF in Nigeria, Ari Asin, revealed this while presenting the latest Sub-Saharan Africa Regional Economic Outlook in Abuja. He also revealed that Nigeria received a total of $6.8 billion facilities from the IMF that's following the outbreak of COVID-19 in 2020.