News
World Bank: Nigeria Needs 10-15 Years of Reforms for Economic Power
The World Bank has emphasized that Nigeria must continue its current economic reforms for the next 10 to 15 years to become a major global economic power. Indermit Gill, the Senior Vice President of the World Bank Group, highlighted the importance of these reforms during the 30th Nigerian Economic Summit in Abuja.
Gill stressed that Nigeria’s ongoing efforts, including the removal of fuel subsidies and the unification of the foreign exchange market, are essential for long-term growth and stability. He acknowledged the challenges of maintaining these reforms but urged the government to persevere, noting that their successful implementation could transform Nigeria’s economy and position it as a leading force in sub-Saharan Africa.
Nigerians reacts to President Tinubu trip to UK and lament that the timing is just bad. The timing of the trip and the arising crises occurring in the country.
It can be noted that the President, his wife and some other officials followed him on the trip.
And the public has shouted that we need the officials here in the country in the crises, asking who will help to manage the state of things as they are all going at once.
People shared their displeasure with a large crowd following the president to another country and leaving Nigeria in this state.
Federal Government in Nigeria has declared March 19th and 20th as public holidays for the end of Ramadan.
This was revealed by the Minister of Interior, Olubunmi Tunji-Ojo. He made this announcement on behalf of the Federal Government.
He wished Muslims a joyful Eid al-Fitr celebration.
It has been reported that President Bola Ahmed Tinubu has departed to London.
The Nigerian leader is travelling ahead of a state visit to the United Kingdom. The purpose of this visit is to strengthen bilateral relations and explore avenues for collaboration on issues such as immigration, trade, investment, and cultural exchange.
Amid this travel, the fuel prices still remain increased and many of the public are still there.
Nigerians react to the news, stating that he is leaving Nigerians once again to suffer with the current state of things before he returns.
They are calling out for him to do something and change about the fuel.
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