Plus234Feed

World Bank Praises Tinubu's Economic Reforms in Nigeria, GDP Growth and Stabilization Confirmed

Business1 min read
World Bank Praises Tinubu's Economic Reforms in Nigeria, GDP Growth and Stabilization Confirmed

President Bola Tinubu's economic reforms in Nigeria have received praise from the World Bank, with tangible results showing economic stabilization and inclusive growth. The Nigeria Development Update highlighted the positive impact of the reforms, including GDP growth to ₦4 trillion by 2023, decreased inflation, and increased revenue collection.

Vice President Kashim Shettima and Minister Abubakar Bagudu emphasized the reform's success at the Nigeria Economic Summit Group. The report confirmed the country's economic progress, positioning it for further development and growth, surpassing the Fiscal Responsibility Act's thresholds.

The reform's focus on grassroots governance and economic stability has led to optimism for Nigeria's future economic prospects.

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

Read full article

Continue on This Day

Visit
Share
World Bank Praises Tinubu's Economic Reforms in Nigeria, GDP Growth and Stabilization Confirmed | Plus234Feed