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President Buhari asked us to focus on Northern Nigeria – World Bank

President Buhari asked us to focus on Northern Nigeria – World Bank

Jim Yong Kim, President of the World Bank Group, disclosed on Thursday that the decision of the bank to focus on the northern part of Nigeria was in line with the request of President Muhammadu Buhari.

Kim who made the statement while speaking at a press conference in Washington DC, United States, also advised the Nigerian President to concentrate on investments that would provide economic growth.

The World Bank president was quoted to have said,“ You know, in my very first meeting with President Buhari he said specifically that he would like us to shift our focus to the northern region of Nigeria and we’ve done that. Now, it has been very difficult. The work there has been very difficult.

“I think Nigeria, of course, has suffered from the dropping oil prices. I think things are just now getting better. But the conversation we need to have with Nigeria, I think, is in many ways related to the theme that I brought to the table just this past week, which is investment in human capital. The percentage of the Gross Domestic Product that Nigeria spends on healthcare is less than one percent.”

He further stated that, “Despite that, there is so much turbulence in the northern part of the country, and there is the hit that was taken from the drop in the oil prices. Nigeria has to think ahead and invest in its people. Investing in the things that will allow Nigeria to be a thriving, rapidly growing economy in the future is what the country has to focus on right now.”

He also said, “Focusing on the northern part of Nigeria, we hope that as commodity prices stabilise and oil prices come back up, the economy will grow a bit more. But very, very much important is the need to focus on what the drivers of growth in the future will be.”

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2 Comments

  1. This is a sad revelation, why would this president act like so? Guess there is a conspiracy afterall

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