The World Bank has identified challenges associated with fuel prices and low non-oil revenue as factors that may hamper the Federal Government’s move to maximise the benefits of its economic reforms.
In its Macro Poverty Outlook for Nigeria for April 2024, the Bretton Wood institution stressed the need for Nigeria to fix issues with fuel prices and improve non-oil revenue in order to reap the benefits of the economic reforms of the current administration.
It predicted that Nigeria’s economy would grow by average 3.5% annually from 2024 to 2026.
