Poverty: World Bank Places Nigeria At Par With War-Torn DRC

…says inflation’ll remain high at 24.8% Despite the abundant human and natural resources in the country, the World Bank has placed Nigeria in the same position with war-torn Democratic Republic of Congo in its latest poverty index, according to a report released yesterday. The global lender, which reaffirmed that Nigeria’s economic growth would remain at 3.3 per cent in 2024, however, said the country’s inflation rate would remain high at 24.8 per cent year-on-year, YoY, in 2024. DRC, as at 2021 had a population of 95.894 million with an estimated…

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