1、Nigeria:Nigeria:MAY 2025Country Private Sector DiagnosticPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedAbout the Country Private Sector Diagnostic The private sector is the engine of long-term economic growth and a vital catalyst for

2、global social and economic development.When functioning well,the private sector promotes innovation and entrepreneurship,improves access to and the quality of economic opportunities,and supports the sustainable use of natural resources.In developing economies,the private sector creates most jobs,gen

3、erates tax revenue,and accounts for significant investment.The revised Country Private Sector Diagnostic(CPSD)reports seek to unlock private sectorled growth and investment.Prepared jointly by the institutions of the World Bank Group,each report discusses the overall business environment within a co

4、untry and provides an analysis of specific sectors in which private sector investment could accelerate growth,if appropriate policy and regulatory issues are addressed.Designed from the perspective of an investor or entrepreneur,this new generation of reports seeks to identify untapped private inves

5、tment opportunities and the barriers that stand in the way(earlier reports can be found here).The sector opportunities are chosen based on their potential to spur private investment,create jobs,generate domestic revenue,and foster sustainable,inclusive growth,in response to targeted policy action.Th

6、e report aims to help country policymakers prioritize the most impactful actions that can boost private sector growth,while delivering on broader development goals.The CPSD is one of the World Bank Groups core country diagnostics produced to guide the design and implementation of public and private