World Bank Ranks Nigeria’s Economy Low - THISDAYLIVE

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World Bank Ranks Nigeria’s Economy Low - THISDAYLIVE via thisdaylive

The World Bank has categorised Nigeria among economies that have not recorded improved performance since 1995.Nigeria was categorised among Angola, South Africa and 16 other countries.

“These thresholds correspond to the bottom and top terciles of the annual average growth rates across 44 Sub-Saharan African countries between 1995 and 2008 . It noted that economic growth remains below population growth for the fourth consecutive year in the continent, adding that although regional growth was expected to rebound to 2.8 per cent in 2019, it would have remained below three per cent since 2015.

 

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