Buhari Commended Over Nigeria’s New Rating By World Bank

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A Public Affairs Analyst, Mr Carl Umegboro has commended President Muhammadu Buhari on the recent 15 places rise rating of Nigeria in the latest index from the World Bank.


Umegboro, a lawyer and Associate, Chartered institute of Arbitrators, who gave the commendation in a statement in Abuja on Saturday, said Nigeria now ranked 131, moving up 15 places from its last ranking by the World Bank.


Word Bank Doing-Business 2020 appraisal, looked at most improved places to do business and which economies improved the most.


The results revealed that the 10 economies that improved the most in their ease of doing business were Saudi Arabia, Jordan, Togo, Bahrain, Tajikistan, Pakistan, Kuwait, China, India, and Nigeria.


Umegboro said that the new rating would be insignificant compared to the future appraisals on account of robust policies on ground which have made “business as usual” a thing of the past.


He added that President Buhari’s trip to Russia was equally raising the hopes of millions of the people that had lost hopes in the system following the reports so far released on the trip.