News

FG advised to sustain ongoing economic reforms

today10/15/2024 2

Background
share close

The Federal Government has been urged to continue its ongoing reforms despite the hardships faced by Nigerians.

Indermit Gill, Vice President and Chief Economist of the World Bank, made this call in Abuja, commending the Central Bank of Nigeria for its efforts in unifying exchange rates.

Gill acknowledged that the current administration’s reforms have resulted in significant challenges for many, particularly the vulnerable poor. However, he emphasized that these reforms are essential for the economy’s recovery. He urged the government to implement cost-effective safety nets to shield the most vulnerable populations from the adverse effects of the reforms.

Gill highlighted that sustaining these reforms is crucial for returning Nigeria’s economy to a path of sustainable growth, noting their potential to transform not only Nigeria but also the entire Sub-Saharan African region.

Written by: bossgmsi

Rate it

Previous post

World

Hezbollah attack kills 4 Israeli soldiers.

At least four Palestinians have been killed and dozens injured after Israeli fighter jets targeted a tent encampment for displaced Palestinians near al-Aqsa Hospital in central Deir el-Balah, Gaza. Hospital staff are reported to be overwhelmed as they struggle to treat the severely injured, including women, children, and the elderly, with fears that the death toll could rise. In a separate incident, Israeli tank shells struck a school in Nuseirat, […]

today10/14/2024 2

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

0%
Our customer support team is here to answer your questions.
error: Alert: Content is protected !!