World Bank Pledges Support For President Tinubu’s Policies, Reforms

The President of the World Bank Group, Ajay Banga has commended and pledged support for the policies and reforms of President Bola Tinubu on the removal of fuel subsidies saying he is committed to working with the administration to set Nigeria on the right path for economic growth.

The World Bank President who is on a three-day visit to Nigeria to identify opportunities to create jobs for young people and women, address energy needs and renewable energy, and further explore the potential for digitisation, pledged the support of the global financial institution when he met with President Tinubu in Aso Rock Presidential Villa, Abuja.

Ajay said he had a very fruitful discussion with the Nigerian leader and his excellent team of special advisers and agrees with the policies and programs of the government which will place Nigeria ahead of other countries in Africa being the largest economy in the region.

The world bank boss noted that although the reforms President Tinubu is currently undertaking are not easy, the right thing must be done to give Nigerians a better and prosperous future.

As the leader of the international financial institution is expected to convene discussions with representatives from the private sector and civil society, he will also visit a World Bank-financed mini-grid power plant that is providing solar energy to an entire community in Nigeria and a woman-owned business that has generated more than 1,500 service-sector jobs for young Nigerians.