President Tinubu welcomes world Bank latest report
President Tinubu welcomes world bank latest report as yet another place of evidence that our reforms are working, reaffirms commitment to better living conditions for Nigerians.
Internally generated revenue grew in real terms in 31 of 36 states 21 states reduced their debt GDP ratio between 2021 -2025. Nigeria’s overall public debt is expected to drop from 40.0 percent of GDP in 2025 to 38.1 percent in 2026. president Tinubu who said in is words that
” These findings confirm that the difficult but necessary steps to take in removing the fuel subsidy unify the foreign exchange market and strengthen fiscal discipline ” he also said that in his words that ” I have raised revenue’s , stabilized the economy and created a fiscal space for every tiers of Governments to invest in their people”
The report base on statistical analysis shows that the Nigeria economy grows and 4.2 percent in the half of 2026 up from 3.9 percent the president reaffirming is vision and commitment to stabilize the state affairs and reduce the poverty rate drastically in the years to come
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