President Bola Ahmed Tinubu has welcomed the World Bank’s October 2026 Nigeria Development Update, titled Beyond the Federal Purse: How Higher Revenues Reshaped State Priorities. He said its findings confirm that the administration’s economic reforms are delivering results and placing the economy on a firmer footing for sustained growth. The President noted the World Bank’s finding that the poverty rate has stabilised for the first time since 2019. The Bank expects poverty to decline gradually as GDP grows faster than the population. The report shows the economy grew 4.2 per…
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