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Nairaland Forum / Nairaland / General / Business / BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 (25782 Views)
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Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Ramanto(m): 12:33pm On Sep 05, 2017 |
I don't believe this. Let them tell us the indices they used in judging that. Nothing has improved so far |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by smartty68(m): 12:34pm On Sep 05, 2017 |
Doyin2:Why not ask Buhari what it means |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by arsenal33: 12:36pm On Sep 05, 2017 |
smartty68: When govt said we are in recession, you agreed. Now they say we are out of recession, you are wailing. Nigerians sha! 1 Like 1 Share |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Doyin2(m): 12:36pm On Sep 05, 2017 |
Sijo01: Getting out of recession simply means getting out of negative economic growth. It does not imply fall in prices of goods and services. 1 Like 1 Share |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Nobody: 12:37pm On Sep 05, 2017 |
GavelSlam: how much is garri? |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by diegwu01: 12:37pm On Sep 05, 2017 |
Ramanto:The same indices used to announce the recession you believed and accepted in the same telling you the recession is over. Accept it and continue living 2 Likes 1 Share |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Klington: 12:39pm On Sep 05, 2017 |
Come
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Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by smartty68(m): 12:40pm On Sep 05, 2017 |
arsenal33:What is this one yarning sef Get off my mention dude |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by kitaatita: 12:41pm On Sep 05, 2017 |
smartty68:It is about data and statistics; not sentimental votes. 3 Likes 1 Share |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by sandland: 12:42pm On Sep 05, 2017 |
clarocuzioo: Because the handicaped is asking adult or none-handicaped questions 1 Like 1 Share |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Ttipsy(f): 12:42pm On Sep 05, 2017 |
OK let's go to streets of Nigeria, to confirm if it's true... |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Sijo01(f): 12:42pm On Sep 05, 2017 |
Doyin2: During recession, prices of goods and services tripped. It is expected that prices go back to normal or less now that they said recession is over. |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Ramanto(m): 12:43pm On Sep 05, 2017 |
diegwu01:there were loss of jobs, inflation among other undesirable factors. The reverse has to be the case before i can take this news serious. |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by bestpunterever: 12:45pm On Sep 05, 2017 |
clarocuzioo:infact, he/she is the real lunatic. |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by repogirl(f): 12:50pm On Sep 05, 2017 |
maximunimpact:Trash and lies!!! 1 Like |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Ramanto(m): 12:52pm On Sep 05, 2017 |
kitaatita:Do you even know what you are talking about? Where are the data obtained if not from certain economic indicators as : general price level, employment level, personal income etc which are all major components of the GDP? We need to feel it that we are out of recession rather than being bothered with figures. |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by smartty68(m): 12:53pm On Sep 05, 2017 |
kitaatita:We've been made to believe that APC is a social media government. We need to see the physical effects and not all these manipulated figures |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by lincolnj88: 12:57pm On Sep 05, 2017 |
freshest4live:So the handover GDP.. .of $563 billion dollars is incorrect.. ... There is even an announcement by one of the Buhari campaign media aid that they will surpass $700 billion in Q4 2015 |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by GavelSlam: 1:04pm On Sep 05, 2017 |
lonecatt: Accept you are ignorant about the term recession, pick up a book, or at least use the Internet for other applications than porn or yahoo. Perhaps then, you might just be slightly educated. Honestly, the response of your ilk shows how much ignorance exists on this forum. 2 Likes |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by ozoemenaca: 1:05pm On Sep 05, 2017 |
clarocuzioo:They should keep on deceiving themselves, a lot of people are suffering without food and shelter while they are gallivanting up and down with their media lies. Only time will tell |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by freshest4live: 1:05pm On Sep 05, 2017 |
lincolnj88:It is correct but not suddenly because jonathan came on board, but becaused we rebased our economy to include telecommunication, banking and nollywood. So we already had a better gdp than the 170 Billion dollars on paper which you said jonathan inherited but this only showed when we rebased in 2014 to include all sectors by modern standards. 1 Like 1 Share |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by afosahid: 1:06pm On Sep 05, 2017 |
smartty68: But you believed the same figures from the government when they told you we were in a recession. 1 Like 1 Share |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by francis247(m): 1:07pm On Sep 05, 2017 |
Na 4 mouth? Na today? If this government thinks it will retain power with lies and propaganda come 2019, then it must be very deluded. |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by lincolnj88: 1:08pm On Sep 05, 2017 |
freshest4live:so you meant that, the 2009 GDP excluded the deposits money bank, and the telecommunications sector.. .. |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by GavelSlam: 1:09pm On Sep 05, 2017 |
drnoel: How can we be in the 4th quarter right now ? 1st quarter: January - March 2nd quarter: April - June 3rd quarter: July - September 4th quarter: October - December. 1 Like |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by smartty68(m): 1:12pm On Sep 05, 2017 |
afosahid:The LIKE & SHARE poll on FP of this thread clearly shows that RECESSION is still in full effect. Now bid it! |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by freshest4live: 1:12pm On Sep 05, 2017 |
lincolnj88:yeah it excluded many things and did not reflect the full economy, we were using a 1990 model. Most nations rebased their economy as well. If it was done in the time of obasanjo we would not be 170 Billion dollars, but jonathan also improved the economy though. 1 Like 1 Share |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by clems88(m): 1:14pm On Sep 05, 2017 |
But I ain't seeing the effect on our commodities. Am not understanding anymore could the hike in price on commodies be a deliberate act by the sellers |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Nobody: 1:16pm On Sep 05, 2017 |
let them keep lying to themselves there, until we buy a bag of rice for 4k, i know this govt is on meth, mediocres in power |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by kitaatita: 1:36pm On Sep 05, 2017 |
smartty68:The Nigerian Bureau of Statistics (NBS) is the authority. It has nothing to do with political party. NBS didn't hide when Nigeria went into recession and won't manipulate figures now. 1 Like 1 Share |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by dvee2: 1:37pm On Sep 05, 2017 |
oneeast:. My friend economic indices are not constant, several forces are at interplay and prices must not go back to GEJ era for u to acknowledge positive shift. If the way you reason is how progress is measured then one can argue that things were cheaper pre your base price period. 1 Like 1 Share |
Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by smartty68(m): 1:38pm On Sep 05, 2017 |
kitaatita:I've heard you. Still waiting for exchange rate to crash |
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