…Says poverty rate climbs to 63% The World Bank has painted a mixed picture of Nigeria’s economy, highlighting the protective role of the Ɗangote Refinery in cushioning global energy shocks, even as poverty levels continue to rise sharply across the country. In an interview with Reuters, World Bank President, Ajay Banga commended the Ɗangote Group for its $20 billion investment in the 650,000 barrels-per-day Ɗangote Refinery, describing it as a critical buffer against the global energy crisis triggered by the ongoing Middle-East conflict involving Iran. Banga noted that the refinery…
Read More‘Ɗangote Refinery shields Nigeria from global energy shock’ – World Bank
