MORE NIGERIANS EXPECTED TO FALL INTO POVERTY BY 2027 – WORLD BANK. (PHOTO).

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 More Nigerians expected to fall into poverty by 2027 – World Bank Despite Nigeria’s resources-rich status, more of the county’s citizens are expected to sink into poverty by 2027, the World Bank Group has said. This is contained in the World Bank’s Africa Pulse report released at the ongoing Spring Meetings of the International Monetary Fund (IMF) and the World Bank in Washington DC, the United States. The report noted that sub-Saharan Africa has the highest extreme poverty rate globally, with a large share of the poor concentrated in a few countries. According to the Bretton Woods institution, about 80 percent of the world’s estimated 695 million extreme poor resided in the region in 2024, compared to 8 percent in South Asia, 2 percent in East Asia and the Pacific, 5 percent in the Middle East and North Africa, and 3 percent in Latin America and the Caribbean. “Within Sub-Saharan Africa, half of the 560 million extreme poor in 2024 resided in four countries,” the report highlight...
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WADADA RESIGNS FROM PAN NIGERIA AHEAD OF 10TH NASS INAUGURATION.(PHOTO).

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Wadada Resigns From PAN Nigeria Ahead Of 10th NASS Inauguration 
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The Senator-Elect for Nasarawa West Senatorial District, Ahmed Aliyu Wadada has resigned his appointment as the Chairman, Board of Directors of the Peugeot Automobile Nigeria (PAN) Nigeria Limited. 

This is contained in a letter addressed to the Board of Directors of the company through the acting Managing Director of PAN and made available to newsmen on Wednesday in Abuja.

Wadada thanked the board, management and staff of the company for their support and cooperation during his tenure.

“Sequel to my emergence as senator-elect to represent the people of Nasarawa West Senatorial District, Nasarawa State at the just concluded 2023 General Elections.

“I write to inform you of my resignation as Chairman, Board of Directors, effective immediately.

“This decision is borne out of my desire to effectively concentrate on providing purposeful representation to my people upon the inauguration of the 10th National Assembly on June 13.

“I appreciate the opportunities for growth and development you have all provided to the company during my tenure and have enjoyed steering the affairs of this famous company.” 

 

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