The World Bank has called on Nigeria to consolidate macroeconomic stability and ignite inclusive growth through deeper, wider structural reforms.
The bank, in its Nigeria Development Update, NDU, report released on Monday, stated that there was a need for the economy to generate more and better jobs at scale and reduce poverty.
The report noted that Nigeria’s macroeconomic situation is improving due to sustained reforms, as the country’s revenue earnings rose from 16.8 trillion in 2023 to estimated N31.9 trillion in 2024.