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    Home»Lifestyle»Nigeria’s statistical system requires $15 million in investment per year to surpass South Africa, Brazil, Mexico – World Bank
    Lifestyle

    Nigeria’s statistical system requires $15 million in investment per year to surpass South Africa, Brazil, Mexico – World Bank

    tundeoyeyemi2002By tundeoyeyemi2002March 28, 2025No Comments1 Min Read
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    Nigeria's statistical system requires US$15 million in investment per year to outperform South Africa, Brazil, Mexico? World Bank

    The World Bank said Nigeria needs to invest between $100 and $15 million in its statistical system every year to outperform investments in South Africa, Brazil, Mexico and Colombia.

    World Bank spokesman Julie Osagie-Jacobs said in a statement that Nigeria lags South Africa and other countries behind South Africa and other countries on Wednesday, March 26, Nigeria lags South Africa and other countries, said in a statement.

    Mistiaen, accompanied by Ndiame Diop, the World Bank’s national director, said his recommendation in his speech was titled “Next Level Statistics Supporting Nigeria’s Reform and Growth Agenda”.

    “Earlier, Mr. Johan Mistiaen observed that the country’s statistical performance was inconsistent with aspiring peers like Mexico, Colombia, South Africa and Brazil. He suggested that investing in the country’s statistical system would improve the performance of its good peers every year.”

    In response, Bagudu assured that the Nigerian government was committed to the independence of the National Bureau of Statistics (NBS) and committed to continuing support for its mission of producing socio-economic data.

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