In its latest Nigeria Development Update (NDU) report released on Wednesday in Abuja, titled “From Policy to People: Bringing the Reform Gains Home,” the World Bank broke down the nation’s key policy priorities to ensure that ongoing reforms lead to inclusive and sustainable growth.
According to the World Bank, the nation’s economy expanded by 3.9 per cent year-on-year in the first half of 2025, compared to 3.5 per cent during the same period in 2024, and the growth was driven by stronger performance in services and non-oil industries, as well as improvements in oil production and agriculture.
The report stated that despite the noticeable gains and macroeconomic stability, the positive turn is yet to translate into tangible relief for households, and food inflation/poverty levels remain high.