Mr Adrian said the situation would see advanced economies growing around 1.5 per cent and emerging markets and developing economies just above four per cent.
World Bank has outlined a three-part strategy focused on unlocking private-sector potential to facilitate job creation.
The fund said Nigeria’s growth is projected at 3.4 per cent in 2025 and 3.2 per cent in 2026.
The IMF cautioned that on a per capita basis, Nigeria’s economic growth remains low
The IMF stated that reforms to the forex market and foreign exchange interventions had brought stability to the naira.
Mr Bwala argued that another achievement of Mr Tinubu’s government is the increased monthly allocation to states.
The minister also said that President Bola Tinubu’s reform agenda was working and the results were commendable.
In August 2024, thousands of Nigerians staged a 10-day nationwide protest against bad governance and hunger.
Ms Owino said, “The World Bank is coming on board, riding on the back of IMF receipts. The AfDB is already on board.”
Nigerian leaders should stop taking the people for granted.
