PHOTOS: World Bank president meets Tinubu, says subsidy removal 'right thing to do' | TheCable

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Ajay Banga, World Bank president, has commended President Bola Tinubu for his early macro-fiscal reforms and commitment to economic stability.

He said the World Bank would support Nigeria not only with financial aid but also with knowledge and guidance on regulatory and fiscal policies.

He expressed confidence that Tinubu’s efforts would set Nigeria on a path towards a prosperous future and position the country as an African champion.“Basically, we had a very constructive discussion, not just with the president but also a number of his advisers and we talked about what was in his mind as priorities,” Banga said.

“I think you will find the World Bank supporting everything, not just financial aid, but also with knowledge and thinking around how to create the right regulatory policies and fiscal policies. So we had a very good discussion. It ended very well.“The fact is, he’s doing things that Nigeria needs to be able to do to correct its situation.

 

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