The PUNCH: The World Bank has released the Nigeria Development Update report, offering a bleak outlook on poverty in Nigeria, as it stated that over 129 million Nigerians now live below the national poverty line. It released the report on Thursday in Abuja as Nigerians lamented the worsening hunger nationwide, and wondered when the country’s ballooning rate of inflation would slow down.
Vanguard: Bauchi State governor Bala Mohammed yesterday confronted the World Bank over the latter’s claims that a reversal of the federal government’s current economic reforms would spell doom for the country, insisting that the reforms are not working.
ThisDay: Several investors from Sweden, yesterday, expressed their commitment to investments and partnerships worth millions of dollars in Nigeria’s digital economy, health and other critical sectors as part of the foreign investment drive of the administration of President Bola Ahmed Tinubu, which got another significant boost.
Daily Trust: Many of the illicit weapons currently used by terrorists and bandits originally belonged to the Federal Government, according to the National Security Adviser (NSA), Mallam Nuhu Ribadu. Ribadu spoke at the Arms Destruction Exercise organised by the National Centre for the Control of Small Arms and Light Weapons (NCCSALW) in the Office of the National Security Adviser (ONSA), on Thursday in Abuja.
