Nigeria’s reforms yielding fruit but impact yet to improve livelihoods” – World Bank
✍️ Ayodeji Adegboyega, .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow, Class, Wp-Block-Co-Authors-Plus, Display Inline, .Wp-Block-Co-Authors-Plus-Avatar, Where Img, Height Auto Max-Width, Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar, Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright📅 October 08, 2025 05:25 PM🕐 Scraped: October 09, 2025
Summary: Food insecurity remains widespread, it said, with poor households, who spend a large part of their income on food, worst hit by surging price levels, adding that the cost of a basic food basket soared fivefold between in the five years to 2024.
Nigeria is forging ahead in stabilising its economy through several reforms, but the push has yet to translate into a favourable impact on the livelihoods of millions of its citizens, the World Bank’s Nigeria Development Update issued on Wednesday stated.
“The Nigerian government has taken bold steps to stabilise the economy, and these efforts are beginning to yield results,” Mathew Verghis, the organisation’s country director for Nige
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