Firefire:

The oil sector represented 10.27 per cent of total GDP[size=13pt], down by 0.18 per cent from the corresponding period of 2014[/size] and up by 0.46 per cent up from the second quarter of 2015.

However, this was 4.45 per cent lower than the corresponding quarter in 2014 and marginally lower than Q2 2015 estimates.

naijapips02:
how has this trickled down to the common masses? this are getting costlier by the day....PMS now costs more than God and inflation is at an all time high.

NgeneUkwenu:
The Secrets Are:

1. Prudent Management Of The Nation's Wealth.

2. Blockage of Leakages..

3. Anti Corruption Of Drive.

Firefire:



Help me ask the propagandist oooo.

JingoOAU:


For you to even have the money to buy an internet-enabled phone, buy sim, and also do monthly subscription on it, is that not sign of good standard of living which is as a result of the prudent management of the economy by Buhari

Walk out of thread

Firefire:

The oil sector represented 10.27 per cent of total GDP[size=13pt], down by 0.18 per cent from the corresponding period of 2014[/size] and up by 0.46 per cent up from the second quarter of 2015.

However, this was 4.45 per cent lower than the corresponding quarter in 2014 and marginally lower than Q2 2015 estimates.

Firefire:

The oil sector represented 10.27 per cent of total GDP[size=13pt], down by 0.18 per cent from the corresponding period of 2014[/size] and up by 0.46 per cent up from the second quarter of 2015.

However, this was 4.45 per cent lower than the corresponding quarter in 2014 and marginally lower than Q2 2015 estimates.

IyaIode:

Isn't this inevitable

IyaIode:
Isn't this inevitable

baralatie:
after all the English

"However, this was 4.45 per cent lower than the corresponding quarter in 2014 and marginally lower than Q2 2015 estimates."


a whole ngenekwenu cannot miss this summary!

Firefire:

The oil sector represented 10.27 per cent of total GDP[size=13pt], down by 0.18 per cent from the corresponding period of 2014[/size] and up by 0.46 per cent up from the second quarter of 2015.

However, this was 4.45 per cent lower than the corresponding quarter in 2014 and marginally lower than Q2 2015 estimates.

Firefire:
The economy is going down, no focus yet from this administration after 6 months in power.

Power Generation has dropped, almost 20 Hours darkness now experienced in any given day. (Yet Nigerians are made to pay for darkness through exorbitant electricity tariff)

Fuel scarcity worsen across the country.

Food prices and basic amenities prices are growing in a geometric progression while the income remain static thereby reducing the purchasing power.

USD still sells beyond NGN250+/$, Many manufacturers could not make fx remittance to their foreign partners due to the unavailability of USD.

Many Nigerians between May 29th and November 19th are out of job due to various downsizing and job cut.

We hope this administration would be able to make good its promises of CHANGE. (Never mind that 80 percent are denied already)

Shalom!

NgeneUkwenu:


And what do you understand by the highlighted, mumu!

mazeltov:

My brother, must we always politicise everything? Our economy has started declining right before the election!!
See, The economy of every nation always decline when election is approaching or when a new administration is formed. In fact the economy of every nation always respond to social political change.
Anytime election is approaching, investors either local or international always take cuation to examine the trends of the market, adjust their performances or even cut down their productions. A study of key economic variables over the past 30 years shows that economic activitities lost pace significantly every time there was a general election or a new government. Government spending always go up in an average election year which tended to fuel inflation[increase in price level] rather than spur economical growth, which means that the extra public expenditure ahead of polls use to be largely wasteful.
There would be a slowdown in investment and economic activity.
New project/contracts in additions always dry up due to new government policies and when a new government is formed, investors will have to wait to gauge what the future policy environment will be before launching major projects. These are things we need to know!! I am not supporting Buhari or anything but we let's always reason like an enlightened man. This is not about party affiliation or whatever, if you were an investor, you will do the same thing.
At the same time, the pace of industrial credit growth may decelerates; Industrial credit growth slows down as there are fewer industrialists lining up for
bank loans ahead of elections.
Also, Policy uncertainty may not be the only reason for the decline in consumption of raw materials.
GDP also declines ahead of elections as builders or contractors divert funds to illicitly fund political campaigns,. Government spending rises in election years although that affects inflation more than real economic activity. There’s a clear spike in both total and revenue spending in election years.
Above all, this is a good news and we have reason to rejoice that our economy is recovering again. Our loyalty and love for political party is doing more harms than good to our sense of reasoning especially we youth. If Pdp was in power, what will be will be so join hands to build the economy of this nation

Ikengawo:
[size=30pt]THE ECONOMY WAS GROWING 7 PERCENT UNDER GEJ LAST YEAR. STOP Yer PROPOGANDA YOU BAT [/size]

Ikengawo:
[size=30pt]THE ECONOMY WAS GROWING 7 PERCENT UNDER GEJ LAST YEAR. STOP Yer PROPOGANDA YOU BAT [/size]

baralatie:
it could have been avoided or at least the reduction "marginal"