Home News Tinubu welcomes World Bank report indicating Nigeria’s poverty rate stability, 4.2% economic...

Tinubu welcomes World Bank report indicating Nigeria’s poverty rate stability, 4.2% economic growth

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President Bola Tinubu has cited the World Bank’s latest Nigeria Development Update as evidence that his administration’s economic reforms are yielding results, pointing to economic growth, rising government revenues and a stabilisation of the poverty rate.

The President, however, acknowledged that more work was needed to translate the reported economic gains into improved living conditions for Nigerians, particularly through lower food prices and the creation of decent jobs for young people.

Daily Nigerian