W’Bank ready to help Nigeria phase out subsidies

W’Bank ready to help Nigeria phase out subsidies

The World Bank Group President, David Malpass, has said that the bank is ready to support Nigeria in phasing out regressive fuel subsidies while increasing social assistance for the poor and vulnerable. He also stressed the need for a unified exchange rate in Nigeria, which would significantly improve the business-enabling environment in Nigeria, attract foreign

 
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Source: W’Bank ready to help Nigeria phase out subsidies

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