Economy: World Bank ranks Nigeria among ‘Top 20 Improvers’ in ease of doing business - Premium Times Nigeria

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Economy: World Bank ranks Nigeria among ‘Top 20 Improvers’ in ease of doing business

But Mr Gupta said a preliminary report showed Nigeria was ranked along with China and India among countries that recorded significant improvements in their systems towards ease of doing business.

The philosopher ranked by Thinkers50 as one of the world’s “most influential living management thinkers” said Nigeria is making progress in economic development. The GDP, which is the aggregate value of goods and services over a period, mirrors the employment levels of the economy, while the per capita income reflects the average income earned per person in an economy.“Where the employment level is high, unemployment is low, and where per capita income is low, it means the society is distributing poverty.

“Something needs to be done. High unemployment level is important, not just for people, but also society. Both are unacceptable at the individual or societal levels. High unemployment levels can feed xenophobia,” he said. “What is needed to sustain the growth in the economy is to boost the manufacturing ratio to GDP, which is currently at a very low level of about 7-8 per cent.

 

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No doubt, the Economic Management Team under the leadership of the Vice President, Professor Yemi Osinbajo did very well

It's a lie o... Show us statistics... How did you come to this conclusion...

Story when Nigerians are dying of hunger

I don't believe u

Peter Obi forgot to lie about this....

This won't get many comments, likes & retweets because it's not bad news. If the World Bank report ranks Nigeria as the 'worst' in ease of doing business, you'll see them rushing here with senseless response.

They should continue sucking their di*k for lying to us

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 /  🏆 3. in JP

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