The
World Bank Group has launched the new Country Partnership Strategy, CPS, aimed
at helping the Federal and State Governments boost development and reduce
poverty.
world-bankThe
World Bank said the new strategy was deemed necessary, following the recent
Gross Domestic Products, GDP, rebasing exercise in which now puts Nigeria as
Africa’s largest economy.
It
added that the new strategy came at an opportune time just as Nigeria is
redoubling efforts to tackle critical development challenges.
And
is committing itself to lift major constraints that are hindering it from
achieving broad-based, inclusive economic growth and poverty reduction goals.
According
to the bank,
