Vice-President Kashim Shettima has said that the federal government will create a more enabling environment for investors to thrive and leverage the industrial revolution to achieve the proposed $1
The AfDB president said this challenge had made it difficult for African nations to access the financial resources needed to drive sustainable development.
According to him, since 1960, Nigeria has come a long way.
“The stakes are high. Climate change is costing African economies up to 15 per cent of gross domestic product (GDP) annually,” Ms Morsi.
Mr Ebeke said that further governance and business regulations reforms were needed for the country to grow slightly from the 2.9 per cent rate of 2023.
NBS said 42 per cent of the health workers received bribes to speed up the procedure, and 15 per cent also took bribes to make the finalisation of the procedure possible.
The U.S. government recently expressed concern that Mr Tinubu is continuing the massive corruption trend of his predecessors.
“Our objective is to make solid minerals’ contribution to the GDP surpass oil,” said Mr Alake.
Akinwumi Adesina, AfDB president, says an increase in GDP must translate to job creation for youths to ensure growth on the continent.
Nigeria’s and other West African countries’ growth rates are projected to rise from an estimated 3.6 per cent in 2023 to 4.2 and 4.4 per cent in 2024/2025.
