World Bank Wants FG To Prioritise Statistical Surveys Funding (See Why)

The World Bank has asked the federal government of Nigeria to give prominence to statistical data gathering by prioritizing funding for research data for national development.

The Apex Bank who stated that data are crucial to national development, urged government to include it in her priority list.

The Country’s director, World Bank, Nigeria, Mr. Shubham Chaudhury gave the urge at a national sensitisation workshop for the Nigeria Labour Force Survey (NLFS) and National Living Standards Survey (NLSS) 2022/2023.

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Chaudhury noted that it could have been a thing of joy if world bank was not directly involved in financing surveys that the federal government does not appreciate its data.

“I would have been happy if the World Bank was not involved in the funding of these surveys having been part of the funding of the 2018/2019 NLSS. Our continued involvement in the funding of surveys such as this gives the impression that the country does not appreciate the value of data to push in more funding to it.”

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He said pointed out that the country is committed to wasting national resources on fuel subsidy that had little or no impact on common Nigerians.

He thanked the NBS for its density and for embarking on the surveys which he said will paint a clear picture of the level of the living standards in Nigeria and the employment status of the citizens.