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World Bank Deletes Nigeria Report, Clarifies Petrol Policy

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World Bank Deletes Nigeria Report, Clarifies Petrol Policy

The World Bank has deleted its Nigeria Development Report from its website, which was initially released on April 7, 2026. Users attempting to access the document encountered a "page not found" error, and the bank did not provide an official explanation for the removal.

Despite this, the report's recommendations regarding petrol importation remain available, highlighting the need to allow imports within a broader global context. The World Bank stressed that Nigeria's immediate priority should be to strengthen support for vulnerable populations through social safety nets while ensuring the quality and regulatory standards of petroleum products.

The bank acknowledged the Nigerian government's and private sector's efforts to secure fuel supply, describing these actions as essential for protecting consumers and businesses. Additionally, the report noted a cautious optimism regarding Nigeria's economy, projecting a 4% growth rate for 2025 and a decrease in inflation to 15.1% in February 2026.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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