The pan-Yoruba socio-political organization, Afenifere, on Saturday, urged President Bola Tinubu‘s administration to be cautious about recent recommendations from the World Bank, particularly regarding the reduction of government support for social services in Nigeria.
Naija News reports that the caution follows a statement made earlier this week by the World Bank Group’s Senior Vice President, Indermit Gill, during the Nigerian Economic Summit Group (NESG) held in Abuja.
Gill suggested that the government withdraw its support for certain social and economic programs and continue the floating of the Naira, predicting that the benefits of such efforts would only become evident over the next 10 to 15 years.
Responding to these comments, Afenifere’s National Publicity Secretary, Jare Ajayi, issued a statement advising the Federal Government to approach such advice with skepticism.
Ajayi pointed out that while the benefits of the World Bank’s proposals may not be realized…