World Bank Applauds Nigeria's Economic Reforms Led by President Tinubu

The World Bank has lauded Nigeria for becoming a global reference for its steady and credible economic reforms. Led by President Bola Tinubu, Nigeria's reform drive has earned rare global praise.

The World Bank delegation, led by Managing Director Anna Bjerd, commended Nigeria's sustained policy consistency, tough fiscal choices, and efforts to boost investor confidence. Nigeria aims to achieve sustainable economic growth of at least 7% by 2027-2028 through ongoing macroeconomic and structural reforms.

Tinubu emphasized the importance of modernizing agriculture, establishing mechanization centers, and improving access to quality seeds to enhance productivity and create job opportunities. The World Bank chief praised Nigeria's reform progress, highlighting the country's resolve to stay the course despite challenges.

Nigeria's commitment to transparency, market-driven policies, and the removal of fuel subsidies and exchange rate unification were also commended.