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Nigeria’ll Get Out Of Recession This Year – W’bank - Politics (2) - Nairaland

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Nigeria’ll Boil If Kanu Is Arrested / Nigerian Economy Out Of Recession, Growing Strongly—world Economics / Nigeria's Economy Is Finally Out Of Recession - World Economics (2) (3) (4)

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Re: Nigeria’ll Get Out Of Recession This Year – W’bank by NotComplaining: 9:53am On Jan 12, 2017
jeron1:
Baba is working... wailers are crying and praying Nigeria fails

Working for his progeny.
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by Nobody: 9:58am On Jan 12, 2017
It's not as if Nigeria ll remain in recession forever, everyone knew that we ll eventually get out one day. That does not make buhari the best president

1 Like

Re: Nigeria’ll Get Out Of Recession This Year – W’bank by rusher14: 10:00am On Jan 12, 2017
The N-power scheme and 5,000 naira to the most vulnerable might just be a trigger to spend our way out of the recession.

#30,000 isn't a lot but it definitely is an effective redistribution of wealth to those who never had in the first place.

The creative young people might be able to channel the admittedly meagre funds to achieve their dreams.

There are quite a lot of ideas incubating needing an injection of money and I'm sure we'll begin to hear and read testimonies as time goes by.
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by Dongreat(m): 10:05am On Jan 12, 2017
R
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by Okeikpu(m): 10:09am On Jan 12, 2017
Upeee! The same thing they said last yr
A beg leave Natalia for Nathaniel
wt that dullard up there,just 4orget it
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by NaMeAboki: 10:10am On Jan 12, 2017
jeron1:
Baba is working... wailers are crying and praying Nigeria fails

This will come as a big blow to the wailers - no doubt this will not stop them looking for other reasons to continue with their hate.

1 Like

Re: Nigeria’ll Get Out Of Recession This Year – W’bank by Harinholar(f): 10:12am On Jan 12, 2017
It's possible with God
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by blogAlive(m): 10:30am On Jan 12, 2017
Cheering news !ut contrary to the nigerian prophets prophesies.

Q: who do we believe?
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by DNA123(m): 10:58am On Jan 12, 2017
Sunehri145:
It's not as if Nigeria ll remain in recession forever, everyone knew that we ll eventually get out one day. That does not make buhari the best president
mumu, are they talking about the best president? peaple sha.
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by Sibrah: 11:00am On Jan 12, 2017
omogin:
By not paying workers salaries, I'm sure kemi will be able to make her books look good
Please be specific, which people is she not paying? Let's join hands together & mount pressure on her ASAP . . .
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by omogin(f): 11:22am On Jan 12, 2017
Sibrah:
Please be specific, which people is she not paying? Let's join hands together & mount pressure on her ASAP . . .
Most workers in the federal ministry of health are being owed from 1 to 6 months salary arrears. Ministry officials are saying they are awaiting aunty kemi's signature to approve payments.
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by brownhawk: 12:05pm On Jan 12, 2017
mack111:
The World Bank has predicted that Nigeria will get out of recession and grow its Gross Domestic Product by one per cent this year after plunging into its worst recession in over two decades.

The bank said in a statement on Wednesday, “Sub-Saharan African growth is expected to pick up modestly to 2.9 per cent in 2017 as the region continues to adjust to lower commodity prices.

“Growth in South Africa and oil exporters is expected to be weaker, while growth in economies that are not natural-resource intensive should remain robust.

“Growth in South Africa is expected to edge up to a 1.1 per cent pace this year. Nigeria is forecast to rebound from recession and grow at a 1 per cent pace. Angola is projected to expand at a 1.2 per cent pace.”

The World Bank’s January 2017 Global Economic Prospects report also projected that growth in the advanced economies would edge up to 1.8 per cent in the current year.

It stated that fiscal stimulus in major economies, particularly in the United States, could generate faster domestic and global growth than projected, although rising trade protection could have adverse effects.

Growth in emerging market and developing economies as a whole should pick up to 4.2 per cent this year from 3.4 per cent in the year just ended amid modestly rising commodity prices, the bank stated.

Emerging market and developing economy commodity exporters are expected to expand by 2.3 per cent in 2017 after an almost negligible 0.3 per cent pace in 2016 as commodity prices gradually recover and as Russia and Brazil resume growing after recessions.

It, however, added that the outlook was clouded by uncertainty about policy direction in major economies.

Commenting on the report, the President, World Bank Group, Jim Yong Kim, stated, “After years of disappointing global growth, we are encouraged to see stronger economic prospects on the horizon.

“Now is the time to take advantage of this momentum and increase investments in infrastructure and people. This is vital to accelerating the sustainable and inclusive economic growth required to end extreme poverty.”

The report noted the worrisome recent weakening of investment growth in the emerging markets and developing economies, which account for one-third of the global GDP and about three quarter of the world’s population and the poor.

The World Bank’s Chief Economist, Paul Romer, said “We can help governments offer the private sector more opportunities to invest with confidence that the new capital it produces can plug into the infrastructure of global connectivity.

“Without new streets, the private sector has no incentive to invest in the physical capital of new buildings. Without new work space connected to new living space, the billions of people who want to join the modern economy will lose the chance to invest in the human capital that comes from learning on the job.”

Source: Punch Nigeria.
flat head union of nairaland. where are they
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by basadenet: 12:14pm On Jan 12, 2017
This is just a doctored report to please Nigerians, you and I knows that with present state of Nigerians economy, 2017 is out of it, may be 2018 upward
Re: Nigeria’ll Get Out Of Recession This Year – W’bank by Semper247(m): 3:27pm On Jan 12, 2017
bettercreature:
They wrote that nonsense because of steady increase in foreign reserve while Buhari keep starving potential business men of forex,I don't see any growth until this government find a solution to forex problems


Reserve plummets, you go blame buhari....

Reserve grows, you will blast buhari.....

What do you want?

Now am sure if a bag if rice sells for #1000, u will still complain of its quality and blast buhari.

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