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Nairaland Forum / Nairaland / General / Politics / Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth (760 Views)
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Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by Nobody: 9:30am On Jul 27, 2013 |
Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth Rate, One Of The Fastest Obtainable Worldwide26.07.2013, 9:31 Local Share this story The Federal Government yesterday said the nation had witnessed improvement in the global Gross Domestic Product ranking from number 44th in 2010 to 36th in 2012, recording a 6.6 per cent economic growth,one of the fastest growth rates obtainable anywhere in the world. President Goodluck Jonathan, who was represented by Vice-President Namadi Sambo, said this while declaring open the 6th NationalDiaspora Day Conference organised by the Office of the Secretary to the Government of the Federation in Abuja. The conference had as its theme, 'Diaspora Nigerians -Agents of investment and development.' "We have further reduced our fiscal deficit in the 2013 budget to 1.81 per cent of the GDP and significantly cut domestic borrowing," Jonathan said. He also applauded Nigerians in the Diaspora, who had responded positively to the call for greater involvement in the nation building process, adding that they should be very proud for their remittances and investments inNigeria's fast-growing stock market, real estate and other business ventures. The President said, "We are creating an enabling environment to attract both foreign and local investors into the country. Nigerians in Diaspora must now respond positively to the invitation to come home and contribute to the development of this nation. "As a concrete step towards achieving our objectives, this year's Diaspora conference should be greatly focused and result-oriented. The success of countries such as India, China, Pakistan, Thailand and the Philippines, which have strategically engendered the Diaspora as a mechanism to accelerate national development, is an excellent model for us to understudy. "The Indian experience, in particular, has shown that Diaspora communities are important sources of Foreign Direct Investment, trade linkages, knowledge and technology transfer. Having lived abroad and embraced international best practices, Nigerians in Diaspora possess the requisite experience, expertise and contacts to contribute to all facets of our national life.' |
Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by amasule(f): 10:33am On Jul 27, 2013 |
With all that oil you should be in the top ten with excellent infrastructures, health care, and nearly full employment! |
Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by kkkp: 11:03am On Jul 27, 2013 |
Mtsww na figures we go chop |
Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by Longeria(m): 1:19pm On Jul 27, 2013 |
JONATHAN till I say otherwise. Sign by me..... Longeria |
Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by Nobody: 1:56pm On Jul 27, 2013 |
Things will soon get better. |
Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by taharqa2: 2:29pm On Jul 27, 2013 |
In other words, Nigeria has moved 10 good places UP d scale in terms of d Size of its Economy in JUST ABOUT 3 YEARS; and According to d IMF, transisted from a Low-Income Economy to a Medium-Income one this year... All under d Leadership of One man....... 8 Likes |
Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by taharqa2: 3:47pm On Jul 28, 2013 |
Onosas: Things will soon get better.Little by little.... |
Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by jmaine: 4:41pm On Jul 28, 2013 |
taharqa2: In other words, Nigeria has moved 10 good places UP d scale in terms of d Size of its Economy in JUST ABOUT 3 YEARS; and According to d IMF, transisted from d Low-Income Economy to a Medium-Income one this year... All under d Leadership of One man....... You can say that again. . . . |
Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by OurYansh: 5:07pm On Jul 28, 2013 |
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Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by Nobody: 5:15pm On Jul 28, 2013 |
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Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by OurYansh: 5:30pm On Jul 28, 2013 |
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Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by Nobody: 5:41pm On Jul 28, 2013 |
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Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by OurYansh: 5:47pm On Jul 28, 2013 |
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Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by gramci: 5:55pm On Jul 28, 2013 |
Fresh Air Noni |
Re: Nigeria Scales Up To 36th Position On Global GDP Ranking ...A 6.6 Percent Growth by stanech: 9:41pm On Jul 28, 2013 |
Na wah oo this GDP self na how them dey calculate am beacuse youths still full house no job ooo |
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