Publication:
Nigeria Development Update, May 2025: Building Momentum for Inclusive Growth

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-06-09T18:42:16Z
dc.date.available2025-06-09T18:42:16Z
dc.date.issued2025-06-09
dc.description.abstractSince the last edition of the Nigeria Development Update (NDU) in October 2024, economic developments in Nigeria have been broadly positive, helped by the government staying the course in maintaining an appropriate macroeconomic policy mix. Now, the challenge is to consolidate macroeconomic stability and ignite inclusive growth through deeper, wider structural reforms. Part 1 of the NDU provides a summary of recent economic developments in Nigeria and updates the outlook through 2027. Part 2 of this edition of the NDU assesses how to build on the progress being made towards macroeconomic stability. It describes the scale of Nigeria’s inclusive growth challenge and offers reform suggestions which can help make 2025 a break-out year for Nigeria’s economic performance. With fiscal space created through recent macro fiscal reforms, Nigeria now has a historic opportunity to improve the quality of spending and invest in human capital, social protection, and infrastructure.en
dc.identifierhttp://documents.worldbank.org/curated/en/099050925195027786
dc.identifier.doihttps://doi.org/10.1596/43315
dc.identifier.urihttps://hdl.handle.net/10986/43315
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectMONETARY POLICY
dc.subjectINFLATION
dc.subjectINCLUSIVE GROWTH
dc.subjectPUBLIC SECTOR
dc.subjectPRIVATE SECTOR
dc.titleNigeria Development Update, May 2025en
dc.title.subtitleBuilding Momentum for Inclusive Growthen
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-06-09
okr.date.doiregistration2025-06-11T02:13:06.634144Z
okr.date.lastmodified2025-05-15T13:06:51Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099050925195027786
okr.guid099050925195027786
okr.identifier.docmidP175280-8be71c83-76a1-4153-bde9-1332eba1a6a3
okr.identifier.externaldocumentum40012586
okr.identifier.internaldocumentum40012586
okr.identifier.report201325
okr.import.id7629
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099050925195027786/pdf/P175280-8be71c83-76a1-4153-bde9-1332eba1a6a3.pdfen
okr.region.administrativeWestern and Central Africa
okr.region.countryNigeria
okr.sectorFY17 - Trade,FY17 - Banking Institutions,FY17 - Central Government (Central Agencies)
okr.sectorFinancial Sector,Public Administration,Industry, Trade and Services
okr.themeFY17 - Trade,FY17 - Financial Sector oversight and policy/banking regulation & restructuring,FY17 - Inclusive Growth,FY17 - Financial Stability,FY17 - Trade Policy,FY17 - Monetary and Credit Policies,FY17 - Job Creation,FY17 - Economic Growth and Planning,FY17 - Trade Facilitation,FY17 - Macroeconomic & Structural Policy Modelling,FY17 - Macro-financial policies,FY17 - Jobs
okr.themeFY17 - Economic Policy,FY17 - Private Sector Development,FY17 - Finance
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Inflation
okr.topicPrivate Sector Development::Private Sector Economics
okr.unitEFI-AFR2-MTI-MacroFiscal-2 (EAWM2)
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