NewStats: 3,265,340 , 8,186,442 topics. Date: Saturday, 14 June 2025 at 02:23 PM 236516

The World Bank has praised economic policies of the present istration declaring that it has led to slight reduction in the country’s poverty index from 48 to 46 percent.
Speaking when he visited President Goodluck Jonathan yesterday, World Bank’s vice president for Africa, Mr Mouktar Diop, said Nigeria’s economic indicators remained positive even times of recession.
He said “at the time when the economy is going down, we have seen that Nigeria has been keeping a growth rate which is rather significant. So, I was here to hear from the President’s priority and discuss other issues such as how poverty has been evolving in the country and what we can do to accelerate the reduction of poverty.
“Our work recently has shown that there is slight reduction in the level of poverty in Nigeria moving from 48 to 46 percent. The trend is good. It needs to be accelerated obviously. What we discussed are the policies that we can put in place to accelerate the pace of poverty reduction in Nigeria.”
Diop said the World Bank has decided to intervene in Nigeria’s energy crisis saying, “We decided at the World Bank to put up a task force which will include private sector branch to the reform. It is good that the reform is really making progress. I was with the main players of the power sector today, and they were all happy with the reform process so far.”
On his part, Jonathan said though some of the reforms were not easy to push through, his istration would continue to do its best towards ensuring sustainable growth in the country.
“We will continue to do our best. We would have had more robust growth by now but for the global economic recession. With your continued , we will certainly achieve more,” the president said.
Jonathan said that with the continued of the World Bank, other international institutions and investors the Federal Government will achieve an even higher growth rate for the national economy.
http://www.dailytrust.com.ng/index.php/news-news/48572-world-bank-poverty-has-reduced-in-nigeria

Indeed!

Poverty is reducing and corruption is increasing.interesting theory. . .I love it more when Transparency International speaks.

Oh! This is good news. Unlike the bad news and data they keep throwing to our face.

The istration should do more. Not by buying phones for farmers but creating an insurance scheme for farmers, investing in agric research and programmes that would make farming attractive to youths. If they can strengthen the agric sector, poverty will reduce drastically.


Frawzey

If I say make I no comment now, e go be like say person do bad abi? anyway, more needs 2 be done!

Lol

~Bluetooth:

Poverty is reducing and corruption is increasing.interesting theory. . .I love it more when Transparency International speaks.

Oh shut up . Where's your proof that corruption is "increasing"? No. Of course you have no proof. After all, insulting the leadership is free of charge with no need to prove anything. Mshewwww

from 48 to 46 percent abi? how did they arrive at the figures anyway? did they carry out a survey? wonders will continue to wonder in this country.

Where did you see him jubilating? Some of you are just sick in the head.

When I see people criticises jonathan,I laff.when I see obj talking negatively about jonathan,I smile.when I see people comparing jonathan's regime to that of Obj,I laff.but I always ask,apart frm ibb and abacha,have the been any other worst leader as obj?obj was in power for 8yrs and was able to achieve breakthrough only in the telecom fields.jonathan is just 2yrs in power,why not give him the time u gave obj and then at d end u compare to know who is better?

World bank is very correct. Even here in Nairaland we are withness as you can see, every tom and jerry have access to Internet and BB

But not in the north, it is increasing there everyday

It is easy to make up numbers in the comfort of a fully equipped AC room somewhere in the west. When most of the data you have access to, is provided by people perpetuating fraud in the Nigerian government.

Lol

Are they sure? Or is this part of the agenda in the grand scheme of thing

He probably made the statement after eating Isiewu in Aso Rock!

Economic growth + without education = Only God knows. We're gonna be doomed

Which part of Nigeria be that Abeg?

e be like say dem come here see how people dey drive toyota camry anyhow?? world bank abeg all na packaging ooh!! porvety still dey ooh!

REVOLUTNIS: But not in the north, it is increasing there everyday

People are deliberately kept poor for a reason in the north. So they can be utilized as tools..boko haram?

Never trust a hungry/poor man. He can sell his soul for food.

ROSSIKE: Oh shut up . Where's your proof that corruption is "increasing"? No. Of course you have no proof. After all, insulting the leadership is free of charge with no need to prove anything. Mshewwww

...go deep your ugly face in poo,where you born today,not to know the position of Nigerian among corrupt nations?.I need to see your birth certificate right nowyou better scan it and sent it to my email..

fkaz: The World Bank has praised economic policies of the present istration declaring that it has led to slight reduction in the country’s poverty index from 48 to 46 percent.
Speaking when he visited President Goodluck Jonathan yesterday, World Bank’s vice president for Africa, Mr Mouktar Diop, said Nigeria’s economic indicators remained positive even times of recession.
He said “at the time when the economy is going down, we have seen that Nigeria has been keeping a growth rate which is rather significant. So, I was here to hear from the President’s priority and discuss other issues such as how poverty has been evolving in the country and what we can do to accelerate the reduction of poverty.
“Our work recently has shown that there is slight reduction in the level of poverty in Nigeria moving from 48 to 46 percent. The trend is good. It needs to be accelerated obviously. What we discussed are the policies that we can put in place to accelerate the pace of poverty reduction in Nigeria.”
Diop said the World Bank has decided to intervene in Nigeria’s energy crisis saying, “We decided at the World Bank to put up a task force which will include private sector branch to the reform. It is good that the reform is really making progress. I was with the main players of the power sector today, and they were all happy with the reform process so far.”
On his part, Jonathan said though some of the reforms were not easy to push through, his istration would continue to do its best towards ensuring sustainable growth in the country.
“We will continue to do our best. We would have had more robust growth by now but for the global economic recession. With your continued , we will certainly achieve more,” the president said.
Jonathan said that with the continued of the World Bank, other international institutions and investors the Federal Government will achieve an even higher growth rate for the national economy.
http://www.dailytrust.com.ng/index.php/news-news/48572-world-bank-poverty-has-reduced-in-nigeria

Opposite

yep, poverty is reducing on paper.
but the indices do not translate to real life situation.
what with more people running outta jobs and the real sector still comatose.
this world bank guy'd better do proper research

until it puts food on the table of the common man daily

World Bank don dey collect bribe again upon all the money for una storehouse? Abeg, we wey dey here dey tell una say Naija no b am at all.

ROSSIKE: Oh shut up . Where's your proof that corruption is "increasing"? No. Of course you have no proof. After all, insulting the leadership is free of charge with no need to prove anything. Mshewwww

The same question applies to u. Where is the proof that poverty has reduced?

Please don't quote the "World Bank"

berem: from 48 to 46 percent abi? how did they arrive at the figures anyway? did they carry out a survey? wonders will continue to wonder in this country.

It's the World Bank we're talking about. I'm pretty sure they performed their research quite well and thoroughly. Or would you have prefered to hear that poverty was on the increase?

Given the fact that most of the anti-Nigerian statistics being peddled around by opposition parties,and Nigerian haters are from the world bank,it is definitely true.

kokoye:

People are deliberately kept poor for a reason in the north. So they can be utilized as tools..boko haram?

Never trust a hungry/poor man. He can sell his soul for food.

u think so?
i never thought in that direction but i just realized u made some sense

Even if it was reduce frm 48 to 1%, §€un puppets wil stil hate
#apric8 progress

Watching...

fkaz: The World Bank has praised economic policies of the present istration declaring that it has led to slight reduction in the country’s poverty index from 48 to 46 percent.
Speaking when he visited President Goodluck Jonathan yesterday, World Bank’s vice president for Africa, Mr Mouktar Diop, said Nigeria’s economic indicators remained positive even times of recession.
He said “at the time when the economy is going down, we have seen that Nigeria has been keeping a growth rate which is rather significant. So, I was here to hear from the President’s priority and discuss other issues such as how poverty has been evolving in the country and what we can do to accelerate the reduction of poverty.
“Our work recently has shown that there is slight reduction in the level of poverty in Nigeria moving from 48 to 46 percent. The trend is good. It needs to be accelerated obviously. What we discussed are the policies that we can put in place to accelerate the pace of poverty reduction in Nigeria.”
Diop said the World Bank has decided to intervene in Nigeria’s energy crisis saying, “We decided at the World Bank to put up a task force which will include private sector branch to the reform. It is good that the reform is really making progress. I was with the main players of the power sector today, and they were all happy with the reform process so far.”
On his part, Jonathan said though some of the reforms were not easy to push through, his istration would continue to do its best towards ensuring sustainable growth in the country.
“We will continue to do our best. We would have had more robust growth by now but for the global economic recession. With your continued , we will certainly achieve more,” the president said.
Jonathan said that with the continued of the World Bank, other international institutions and investors the Federal Government will achieve an even higher growth rate for the national economy.
http://www.dailytrust.com.ng/index.php/news-news/48572-world-bank-poverty-has-reduced-in-nigeria