World Bank says Nigerian economy doing well under Buhari – Presidency

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World Bank says Nigerian economy doing well under Buhari – Presidency

The Presidency says the World Bank has praised the economic direction of the Buhari administration.

Laolu Akande, Vice President Osinabjo’s spokesman, in a statement on Tuesday, said this commendation followed the work of the Presidential Enabling Business Environment Council (PEBEC).

He noted that the World Bank also ranked Nigeria higher in its annual Ease of Doing Business Rankings.

Akande quoted Osinbajo as saying government’s reforms, through the PEBEC, had provided an opportunity to significantly boost local and foreign investments.

Osinbajo spoke at a virtual meeting of the PEBEC to review the state of the reforms across a number of government agencies. This is a country that has so much resources and our administration has every opportunity to do something profound about investments in Nigeria. We must focus on how to get our business environment working”, the VP said.