The World Bank has warned that Nigerias economic growth, though showing signs of recovery, remains fragile and may not translate into improved living standards for millions of citizens unless targeted policies are implemented to reduce poverty.
Dr Samer Matta, the World Banks Senior Economist for Nigeria, made this assertion at the Nigeria Economic Summit Group NESG 2026 Macroeconomic Outlook presentation in Lagos yesterday, emphasising that macroeconomic stabilization alone is insufficient to improve household welfare.