World Bank calls on Nigeria to protect vulnerable citizens against hardships
By Kasim Isa Muhammad
Kanempress News
16th October 2024
Nigeria has been called upon to do everything in its power to protect the most vulnerable citizens against hardships.
Senior Vice President, World Bank Group, Indemit Gill stated this at the 30th Nigerian Economic Summit (NES #30), in Abuja, Nigeria‘s capital.
Gill, in his address, said Nigeria’s economy will need to stick with its present condition for at least another ten to fifteen years to transform to its dream state.
He said Nigeria’s economy must remain focused on the course of long term reforms and the future of its entire citizens.
The senior vice-president World Bank Group, Mr Gill said that Nigeria should, over the next few years, install a cost-effective safety net to protect its most vulnerable citizens, financing it with some of the savings from fuel subsidy and exchange rate distortions.
