Nigeria has been ranked as one of the top 10 most improved economies in the world for the second time in three years, according to a report by World bank, after releasing its 2020 ‘Doing Business Index’ (DBI) report which ranked Nigeria 131 out of 190 countries, up 15 places from 146th position last year.

According to the report, which was released on Thursday, October 24th, Nigeria was regarded as one of only two African countries to make this highly prestigious list.

This latest development reports that with this year’s achievement, Nigeria has improved an aggregate of 39 places in the World Bank Doing Business index since 2016.

The ‘Doing Business Index’ is an annual ranking that objectively assesses prevailing business climate conditions across 190 countries based on 10 ease of doing business indicators. The index captures ease of doing business reforms that have been validated by the private sector, and offers comparative insights based on private sector validation in the two largest commercial cities in countries with a population higher than 100 million. The report consequently features Lagos and Kano for Nigeria.

Reacting to the announcement, President Buhari has expressed his excitment and also noted that “the movement of 15 places to 131 as well as the recognition being given to Nigeria as one of the top 10 most improved countries, that have implemented the most reforms this year, is significant because we were not even able to achieve some of the key reforms we had pursued, but what we have done so far is being recognized. This validation confirms that our strategy is working and we will continue to push even harder to deliver more impactful reforms”.

Small Manhood And Premature Ejaculation Made Me Stay Away from Love Making For 4yrs...But These Simple Solutions WORKED! Also, Your Enlarged Prostate Can Be Reversed Now! Click Here To See My Breakthrough!

LEAVE A REPLY

Please enter your comment!
Please enter your name here