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Nairaland Forum / Nairaland / General / Politics / Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians (437 Views)
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Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians by gratiaeo(m): 8:42pm On Sep 06, 2017 |
By Dirisu Yakubu ABUJA – The Peoples Democratic Party (PDP) has urged Nigerians not to see every statistics as an indication of reality, following Tuesday report by the National Bureau of Statistics (NBS) that the nation has exited the economic recession that worsen living conditions in the past two years. Buhari (backing camera) facing Oyegun an dMakarfi with Vice President Osinbajo The NBS had in its 2017 second quarter report yesterday indicated that the Nigerian economy has exited recession, having notched up a growth output of 0.55 per cent in the oil, agriculture, manufacturing and trade sectors. According to the bureau, “In the second quarter of 2017, the nation’s Gross Domestic Product, GDP grew by 0.55 % (year-on-year) in real terms, indicating the emergence of the economy from recession after five consecutive quarters of contraction since the first quarter of 2016.” Expectedly, the report has continued to elicit diverse reactions with some stalwarts of the ruling All Progressives Congress (APC) basking in ecstasy. In an exclusive chat with Vanguard on the issue, Chairman, National Caretaker Committee of the PDP, Senator Ahmed Makarfi said it is the wish of every Nigerian for the country to overcome the current hardship, warning however that statistics differs from reality. “PDP is not praying for the country to be in recession. Statistics may indicate one thing, but reality is different,” he said. Makarfi’s position is not out of tune with that of millions of Nigerians struggling to eke out a living in the past few years following the crash in the price of crude oil in the international market. https://www.vanguardngr.com/2017/09/economic-recession-statistics-not-reality-makarfi-tells-nigerians/ |
Re: Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians by ojmaroni247(m): 3:04am On Sep 07, 2017 |
Pple dey suffer, while govt dey look statistics for paper.
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Re: Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians by Nobody: 3:09am On Sep 07, 2017 |
Ojuju statistics, that's what Apc is giving us. The more u look the less u see. I remember when Chris Ngige was saying PDP members are the ones complaining of recession. But finally they are saying we are out of recession. Abeg which of the recession are they talking about? 1 Like |
Re: Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians by dunkem21(m): 4:21am On Sep 07, 2017 |
Re: Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians by babdap: 6:40am On Sep 07, 2017 |
NBS gave the statistics that Nigeria has the biggest economy in Africa. what was it impact to an average Nigerian. APC and PDP are the same jare. #ourleadershavefailedus. 1 Like |
Re: Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians by crackerspub: 6:42am On Sep 07, 2017 |
Re: Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians by Paperwhite(m): 6:50am On Sep 07, 2017 |
Intelligent Nigerians doesnt need a soothsayer to know that.APC propaganda have no beginning or ending. 1 Like 1 Share |
Re: Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians by ChangetheChange: 6:54am On Sep 07, 2017 |
APC and abracadabra statistics APC and Propaganda APC and Lies 1 Share
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Re: Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians by Iceman2017(m): 7:10am On Sep 07, 2017 |
Re: Economic Recession: Statistics Not Reality, Makarfi Tells Nigerians by sinistermind(m): 7:10am On Sep 07, 2017 |
Baba isn't far from the truth. What we see in reports is far from what's happening in reality. So far, Nigeria might be out of the recession but Nigerians are still in recession. |
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