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Buhari Reacts as World Bank Ranks on Nigeria’s Economy

President Muhammadu Buhari has expressed delight with the World Bank’s 2020 Doing Business Index (DBI) which ranked Nigeria 131 out of 190 countries, up 15 places from 146th position last year.
The report, which was released Thursday, also named Nigeria one of the top 10 most improved economies in the world for the second time in three years.
Nigeria is one of only two African countries to make this highly prestigious list. With this year’s leap, Nigeria has improved an aggregate of 39 places in the World Bank Doing Business index since 2016.
The Doing Business Index is an annual ranking that objectively assesses prevailing business climate conditions across 190 countries based on 10 ease of doing business indicators.
The index captures the ease of doing business reforms that have been validated by the private sector and offers comparative insights based on private sector validation in the two largest commercial cities in countries with a population higher than 100 million. The report consequently features Lagos and Kano States for Nigeria.





