Iwaeda's Posts
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Kwara tenure has ended, interesting. ![]() |
Kwara is a good example, Isin, Ifelodun,Asa. |
It has favoured me and my family ![]() |
A opade, akoni yarawa. A opade leti odo. ![]() |
About 139 million Nigerians are currently living in poverty, according to The World Bank. This is just as the bank said the country’s economy has started to show signs of stability from ongoing reforms. Speaking at the launch of the Nigeria Development Update (NDU) report in Abuja on Wednesday, the World Bank Country Director for Nigeria, Mathew Verghis, commended the government for implementing bold economic reforms but warned that the benefits have yet to reach most citizens. “Over the last two years, Nigeria has tremendously implemented bold reforms — notably around the exchange rate and petrol subsidy,” Verghis said. “These policies have laid the foundation for transforming Nigeria’s economic trajectory for decades to come.” Verghis acknowledged that the reforms are beginning to yield macroeconomic results, including rising revenues, improving debt indicators, stabilising the foreign exchange market, growing reserves, and a gradual decline in inflation. “Growth has picked up, revenues have risen, debt indicators are improving, the FX market is stabilising, reserves are rising, and inflation is finally beginning to come down. These are big achievements, and many countries would envy them,” he said. Despite these gains, the World Bank warned that millions of Nigerians are yet to feel any real improvement in their daily lives. “In 2025, we estimate that 139 million Nigerians live in poverty,” Verghis disclosed. “The challenge is clear: how to translate the gains from the reforms into better living standards for all.” The new NDU report, titled “From Policy to People: Bringing the Reform Gains Home,” outlines a three-point strategy to help Nigeria bridge the gap between economic stability and social welfare — taming inflation, improving public spending efficiency, and expanding social safety nets. Verghis emphasised that food inflation remains one of the biggest threats to reform success and public confidence. “Food inflation affects everybody, but particularly the poor, and it has the potential to undermine political support for reforms,” he cautioned. “Tight monetary policy is important, but it must be complemented by structural reforms to address deep-seated supply and market constraints.” He further stressed the importance of efficient resource use and inclusive programs that cushion the impact of economic adjustment. “These are not abstract ideas — they are practical steps that can turn macro-stability into better livelihoods,” Verghis said. The World Bank, he added, remains committed to supporting Nigeria through policy advice, technical assistance, and financing aimed at ensuring that the gains of reform “reach every household, not just the headlines.” https://dailytrust.com/139m-nigerians-living-in-poverty-world-bank/ |
Believe World Bank at your perils. ![]() |
In the days of lalas, the pot of soups will be humming. ![]() |
Won sa fe funwagbe, everything about taxes. ![]() |
It is funny that many of you can't pause and reason. If the system is working, you don't need to be touts to survive. Take care of your lives. Do I need court to tell people I went to University. ![]() |
Most of you have not gone out to see how things work, I can't blame you, but people that put you in chains. ![]() |
Not about good governance. Even the Lagos they claimed to build is now a nightmare. ![]() |
Let them complete Ilubirin Estate too, congrats to the new owner. ![]() |
The defender of universe will still come despite their suffering. Anyways, it has favoured me and my family. ![]() |
Please send it to me, I will tell youthe worth. ![]() |
Let him allowed FBI to release his records now. Must we support evil, because somebody is from your town. ![]() |
It can be single digit, as Nigeria Bureau of Statistics will rebase, World Bank don't know the gist. Inflation is as high as 34%, go to markets, people are being forced to sell at loss.[left][/left] ![]() |
Adabi ada Eni to ba dale to de puro. A man has a lot of hidden past, we must not talk about it, because he is your god. Kini anpe ni òmòluabi. Your line of defence, he is not Yoruba, once my line of thought doesn't align with your lies. Elope aro ati odofin ikuyin. Everything covered, will be unlid. ![]() |
St Paul Aroloya, GCI,CSU, please who are his classmates? A man that sworn affidavit that military stole his certificates. He will not be here for ever, just like everyone of us. ![]() |
A man that has no father, I know only St John Aroloya, no St Paul Aroloya. Those who went to GCI the year he claimed he graduated, never met him. CSU record showed a woman got admitted, now he is asking FBI not to release his details. ![]() |
sreamsense:Tell people that knows him at enyin eyo, alesh at oniru. When you defend evil, one day you may be a victim. Owe nu, efala si. ![]() |
Nlfpmod, they told us, we are on the path to recovery. ![]() |
Why is difficult to be truthful for once, in Ireland, a candidate stepped because he failed to refund over paid rent Some claimed he went to StPaul, Aroloya, GCI and CSU, no one can confirm him. ![]() |
Gunmen suspected to be kidnappers have raided Zhibi, a community neighbouring Dei-Dei town in the Federal Capital Territory (FCT) but located in Tafa Local Government Area of Niger State. Abuja Metro learnt that the attackers abducted a businessman, Muhammad Shuaibu, along with his two daughters — a 200-level university student and her younger sister. A member of the family told Abuja Metro that the assailants broke into the victim’s home around 12am on Friday through the backyard door after destroying a burglar-proof padlock. “They did the same thing in the room where the wife of the family head was sleeping. She woke up suddenly to see them inside her room, so she quickly ran toward her husband’s room,” the source recounted. The source added, “They summoned all the family members to the sitting room, threatening to take all of them. But the wife knelt down and kept pleading with them to spare her baby. That made them spare her and the baby.” According to the source, the attackers seized the mobile phones of the man and his wife and also demanded foodstuffs, which were not available in the house. He said the police outpost in the area has only a few personnel, and efforts to get a response from the Dei-Dei Division did not yield any result, as, according to him, they always insist that they are under the FCT command, while the area falls within Niger State. It was further learnt that no communication had been established between the kidnappers and the victims’ relatives as of Monday afternoon when our reporter visited the residence. The Police Area Commander in Suleja, Muhammad Sani Musa, did not respond to phone calls made by our reporter on Monday. However, a police source in the area confirmed the attack, adding that efforts were ongoing to track the abductors. https://dailytrust.com/again-bandits-strike-near-fct-abduct-man-2-daughters/ |
Can President Tinubu too resign over certificates saga? |
As in, with all those result sheets. ![]() |
nwakibie3:DSS only a good tool for political manipulations. In a normal country, those who cleared him including Senate leaders will resign. ![]() |
How are our politicians like this, no identity. People know you. Even, if you are from Iragbiji. ![]() |
Did they not promised they have surplus now, Nlfpm.od, I am just laughing. These people have no plan than taxes and borrowing. |
Amupitan will be appointed next. ![]() |
When we said so few days ago, some battifed thought it is politics. ![]() |
Will it be N500 per kg now? Something we are flaring away. ![]() |
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