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Topic: Inflation pushes 5m into poverty, wage value down 35%  (Read 729 times)

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Inflation pushes 5m into poverty, wage value down 35%
« on: December 16, 2022, 01:01:15 pm »
Inflation pushes 5m into poverty, wage value down 35%

The World Bank has said that Nigeria is in a worsening situation, with economic performance becoming weaker as inflation persists. The Washington-based bank said this in its newly released Nigeria Development Update, which was launched in Abuja on Thursday alongside the Nigeria Country Economic Memorandum. The NDU report noted, “Nigeria is in a challenging and


 
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