World Bank Plights Support For Nigeria – The World Bank Group has plighted its support to supporting Nigeria’s health and education sectors.
The Statement was made during a press briefing at the 2020 annual general meeting on Thursday, by the President, World Bank Group, David Malpass.
David said that, “For Nigeria, the vital steps are to strengthen the health system and the education system, and we try to work in those areas.
“Also, the governance system and transparency are vital in order to reduce the corruption within the system – World Bank Plights Support For Nigeria.
“I compliment Nigeria for tackling the problem of subsidies in the hydrocarbon area.
“By reducing those subsidies and allowing gasoline prices to rise – it is very hard for governments to do that — there are substantial benefits.
“It means that there are fiscal savings.
“It also means there are environmental benefits that are large, and it also allows markets to work better and to allocate resources better.
“So, I think progress is being made in that area and it is valuable.”