W’Bank Revises Nigeria, Others’ Growth Forecast to 3.4% Nume Ekeghe The World Bank has revised its growth forecast for SubSaharan Africa (SSA) from -5.1 per cent to 3.4 per cent growth for 2021. The Washington-based institution, in its latest Africa’s
Pulse, titled: ‘The Future of Work in Africa: Emerging Trends in Digital Technology Adoption,’ anticipated that the continent would grow between 2.3 per cent and 3.4 per cent in 2021, after a two per cent contraction last year. However, the report noted
that a slower spread of the virus and lower COVID19-related mortality, strong agricultural growth and a faster-than expected recovery in commodity prices has helped many African economies weather the economic storm induced
by the COVID-19 pandemic. It said economic recovery was also hinged on reforms that would create jobs, encourage investment and enhance competitiveness. In the report, World Bank Chief Economist for Africa, Mr. Albert G. Zeufack, said:
“African countries have made tremendous investments over the last year to keep their economies afloat and protect the lives and livelihoods of their people. “Ambitious reforms that support job creation, strengthen equitable growth, protect the
vulnerable and contribute to environmental sustainability will be key to bolstering those efforts going forward toward a stronger recovery across the African continent. “Growth in the region is Continued on page 8
FG: Defence Estimates Delay Extra Budget for Security Equipment, Vaccines... Page 6 Thursday 1 April, 2021 Vol 26. No 9489. Price: N250
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Recruitment Based on Equality of States, Zones, Says Army... Page 5
Britain Expresses Concern over Nigeria’s Worsening Insecurity, Offers to Help US accuses FG of human rights abuses Says can’t confirm casualties at Lekki tollgate shootings Iyobosa Uwugiaren and Micheal Olugbode in Abuja Britain has expressed grave concern about what it described as the deteriorating security situation in Nigeria and pledged to help the country tackle insecurity. The UK’s Minister of Armed Forces, James Heappey, and the British High Commissioner to Nigeria, Catriona Laing, expressed worry at the
deteriorating security situation in the country, adding that London was keen on helping Nigeria win its fight against insecurity. They spoke at different fora during engagements in Abuja between Monday and yesterday. Britain's pledge to help Nigeria combat insecurity came just as the United Continued on page 8
Gunmen Attack Soludo, Kill Three Policemen, Kidnap Commissioner David-Chyddy Eleke in Awka A former Central Bank of Nigeria (CBN), Prof. Chukwuma Soludo, escaped death by a whisker yesterday as gunmen attacked him in his hometown, Isuofia in Aguata Local Government Area of Anambra State. However, they killed three policemen attached to Soludo, a governorship aspirant on the platform
of the All Progressives Grand Alliance (APGA), and abducted the state Commissioner for Public Utilities, Mr. Emeka Ezenwanne. THISDAY gathered that Soludo was attacked during an interactive session between him and Isuofia youths. A source told THISDAY Continued on page 8
HOLDING FORTH... President of the Senate President, Dr. Ahmed Lawan (left), and Vice President Yemi Osinbajo (SAN) during a meeting with the National Assembly leadership and All Progressives Congress leaders in Abuja...yesterday godwin omoigui
FG Expects 70m Johnson & Johnson COVID-19 Vaccine through AU... Page 5