The World Bank has pledged its support towards assisting Nigeria to increase its Internally Generated Revenue (IGR) to address poverty and service delivery by government.

World Bank Country Director in Nigeria, Mr Shubham Chaudhuri, made the pledged at the opening of a Peer Learning Event organised by the Nigeria Governors Forum (NGF) on Tuesday in Abuja.

Chaudhuri said one of the things that surprised him when he assumed office in Nigeria was the country’s low level of revenue to Gross Domestic Product (GDP), put at eight per cent.

According to him, this is small compared with the number obtainable in South and East Asia.

It is on this ground that the World Apex banks has pledged to support and assist Nigeria towards increasing her Internally Generated Revenue, so that Nigeria can compete favourably with other great countries of the world.


https://ngg.ng/2019/10/29/ibrd-world-bank-to-assist-nigeria-to-increase-igr/

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