In a major boost for Nigeria’s economic reform journey, the World Bank has thrown its weight behind the Federal Government’s transformative agenda, with renewed commitment to support key development priorities that directly impact millions of Nigerians.
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, made this known during a high-level meeting with a visiting World Bank delegation led by Ousmane Diagana, Vice President for Western and Central Africa.
Director of Information and Public Relations, Mohammed Manga in a statement said fast-tracking life-changing reforms, expanding social protection and unlocking financial inclusion for everyday Nigerians were at the heart of the discussions
The statement quoted the Minister to have reaffirmed the Tinubu Administration’s determination to drive real results through a sharp focus on three key goals — faster project execution, biometric enrolment for 15 million citizens on the national social register, and the Mission 300 initiative to expand energy access across Africa.
“We’re not just talking reforms, we’re delivering them. And with the World Bank’s support, we are setting up a Delivery and Monitoring Unit to make sure no project gets stuck in the pipeline,” Edun said.
World Bank VP Ousmane Diagana applauded Nigeria’s economic resilience, noting that the country’s GDP growth of 3.4% is its strongest since 2014 — a clear signal of recovery. He stressed the importance of keeping the reform momentum alive to fuel job creation and inclusive growth.
“Nigeria remains our largest portfolio in Africa, with over $17 billion in commitments. The world is watching, and we believe this country can lead the way in development,” Diagana said, also praising Nigeria’s leadership on Mission 300 and urging quick rollout of targeted cash transfer programs.
From agriculture and digital transformation to SME financing and social safety nets, Nigeria’s economic engine is gearing up for acceleration — and with global partners like the World Bank on board, the path to shared prosperity just got clearer.
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