The report said that while the government took measures to protect the economy against a much deeper recession, it would be essential to set policy foundations for a strong recovery.
Although the economy started to grow again, the report said prices are increasing rapidly, severely impacting Nigerian households. In addition, the report highlights that both the federal and state governments cut nonessential spending and redirected resources towards the COVID-19 response, adding that public-sector transparency has improved, in particular around the operations of the oil and gas sector.
This will limit the government’s ability to address gaps in human and physical capital which is needed to attract private investment, the bank said.
World back should stop lying, our ever competent President has spoken
These are not just figures but real humans. Inflation is not just a word but real suffering. There is a projected 7 million Nigerians sliding into poverty by the end of 2021 with 11 million Nigerians expected to lose their jobs as well. What will be left under Buhari by 2023?
Pres Buhari said he's lifted 10.5M out of poverty, WB dey too lie jare, oya minus am 10.5-7= 3.5M
Is World Bank looking to be banned? MBuhari said he lifted 10.5 million people out of poverty, who's World Bank to say otherwise? World Bank is starting to sound like a threat to national security. DSS needs to raid their offices😡😡😡
While the hard-working one in Asọ Rock lifted another 10.5million from poverty into hell.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rising prices pushed seven million Nigerians below poverty line in 2020 - World BankThe World Bank has said rising prices pushed about seven million Nigerians below the poverty line in 2020. Buhari said he as bring 10m Nigerians out of poverty minus this statistics what is now remaining now But PM.Buhari & his army of lairs celebrated six years of lifting 10.5m people out of porverty or so they said lol. Even the vegetable professor of a Vice president dances and helps to spread lies. Check that figure well, e pass that 7 million.
Source: MobilePunch - 🏆 8. / 63 Read more »
FACT-CHECK: Buhari's claim on lifting 10.5 million people out of poverty misleadingAvailable data show at least 10 million Nigerians have slipped into, than come out of, poverty. Na him papa family member he lifted no bee Nigerians....... Bastard they even give us figure It's the other way round. ODUDUWANATIONNOW MBuhari has always been a liar. this is not new
Source: PremiumTimesng - 🏆 3. / 78 Read more »
INFOGRAPHICS: Nigeria’s poultry, egg prices ‘highest ever’ amidst inflation, insecurityNigeria’s food inflation is highest in 15 years and insecurity, COVID-19, climate change and economic policies have pushed food prices beyond the reach of millions. Buhari is doing wonders, check how much a bag of poultry ration was before he came in board n now, alot of farms have shut down 😏
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Inflation, devaluation push millennials away from N20 trillion stock marketDespite years of stability of the Nigerian Stock Exchange, many Nigerian youths are diversifying and hedging their investment portfolios
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Nigerian Army urges Boko Haram terrorists to surrender | The Guardian Nigeria News - Nigeria and World NewsThe Nigerian Army has urged remnants of the Boko Haram terrorists to surrender and embrace peace. Action will make them do so not press release Died country I can't see yahyah there on the battlefield, is he afraid of death ?. Then why did his Father appointed him as the 😏🚶
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Ex-banker seeks N3 million for kidney transplant | The Guardian Nigeria News - Nigeria and World NewsA chartered accountant and former banker, Onyeka Onwurah, is soliciting public donations of N3 million to fund kidney transplant. Connect to this platform now, bro....nsppd What God CANNOT DO,DOES not EXIST!!! 7amfireprayers STREAMSOFJOY
Source: GuardianNigeria - 🏆 1. / 94 Read more »