Tag: REFORM

  • WORLD BANK REPORT NOTES 139 MILLION NIGERIANS LIVING IN POVERTY DESPITE REFORM GAINS

    WORLD BANK REPORT NOTES 139 MILLION NIGERIANS LIVING IN POVERTY DESPITE REFORM GAINS

    ‎ World Bank has urged Nigeria to ensure that the benefits of recent macroeconomic reforms translate into real improvements in citizens’ living standards, as approximately 139 million Nigerians remain in poverty. Nigeria’s reforms, including removing petrol subsidies and unifying exchange rates, have stabilized the economy and improved revenues, foreign exchange markets, reserves, and inflation. However,…