- November 1, 2018
- Posted by: Godwin Elijah
- Category: National News
Nigeria has dropped a spot on the latest World Bank Ease of Doing Business ranking, moving to the 146 position from 145 last year.
In a report entitled: ‘Doing Business 2019: A Year of Record Reforms, Rising’, which was released by the bank, Mali ranked ahead of Nigeria. Explaining the basis of the ranking, the World Bank said it tracked 314 reforms by 128 governments across the world.
The President of the World Bank Group, Jim Yong Kim, said, governments have the enormous task of fostering an environment where entrepreneurs and small and medium enterprises can thrive.