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Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working - Politics (2) - Nairaland

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Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by naunasabi: 6:19pm On Feb 12
cleary:
Please my people, help a starving brother. I have been pleading for help since 2 days now. I'm a student who returned to school last week because of the prospects of exams starting on Monday and also because I was opportuned to enter a free ride. my family isn't bouyant enough and my dad has severe high BP that's why I had to find my way so as not to make him to start thinking about where to get money to give me. I haven't eaten a decent food since I got back and am starving.


I am soliciting for help from well meaning people who will be touched enough to hear my plight and have mercy. I am not asking for much, no matter how little, it will go a long way. God bless you all

Sai baba!

2 Likes 1 Share

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by straighttalk(m): 6:19pm On Feb 12
IPOBs will not want

1 Like 1 Share

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by DeNovo: 6:20pm On Feb 12
murecool:
OFFICE OF THE VICE PRESIDENT
PRESS RELEASE

STRONG MOMENTUM & CONTINUOUS GROWTH IN ECONOMY FURTHER SHOW BUHARI ADMINISTRATION'S POLICIES WORKING


*2018 overall reflects sustained improvement in non-oil sector

In what is a clear indication of the effectiveness of the economic policies of the Buhari presidency, Nigeria's Gross Domestic Product (GDP) figures recorded a marked improvement in the fourth quarter of 2018.

According to the National Bureau of Statistics, NBS, the GDP figure for the last quarter in 2018 is 2.38 per cent, reflecting continuous growth.

Below is a statement released in response to the new GDP figure by the Special Adviser to the President on Economic Matters, Dr. Adeyemi Dipeolu:

"The latest figures released by the National Bureau of Statistics, 2.38 per cent for the fourth Quarter (Q4), 2018 show an appreciable improvement in the growth performance of the economy. The figures are encouraging in several respects.

Notably, the growth recorded in the fourth quarter of 2018 (Q4 2018) was higher than both the growth of 1.81% in Q3 2018 and in the corresponding fourth quarter of 2017. Indeed, quarter-on-quarter growth from Q3 2018 to Q4 2018 was 5.31%, which signals a great potential for a higher annual growth rate.

In annual terms, the growth rate more than doubled in 2018, rising to 1.93% as compared to 0.82% in 2017, again reflecting the strong momentum of growth.

Also notable is the fact that growth in Q4 2018, and indeed for the whole year, owed a great deal to the performance of the non-oil sector. The non-oil sector grew at 2.7% in Q4 2018 as compared to 1.14% in the oil sector. The non-oil sector also grew by 2% in the whole year 2018 which was considerably better than its growth in the whole of 2017, which was 0.47%. The share of the non-oil sector in GDP was 92.94% while the oil sector contributed 7.06%.

With the maintenance of this trend, the economic diversification objectives of the Economic Recovery and Growth Plan are well on their way to being met.

It was encouraging that agriculture which accounts for 26.15% of total GDP grew by 2.46% in Q4 2018, while manufacturing grew by 2.09%. The service sector which accounts for 53.62% of GDP registered its strongest growth performance in 11 quarters.

Transport and storage, as well and information and communication, were particularly notable growing at 13.91% and 9.65% in the whole of 2018. This owes a lot to the investments that are being made in roads and rail as well as in broadband infrastructure.

The NBS figures also show that 39 out of 46 economic activities recorded growth in Q4 2018 which shows that growth across sectors is becoming more mutually reinforcing.

This growth is consistent with the policies and principles of the Economic Recovery and Growth Plan (ERGP) relating to macroeconomic stability and economic diversification. When better economic fundamentals like lower inflation rates, increased foreign reserves, a more stable exchange rate and increased capital inflows are taken together with increased investments in the real sector, infrastructure, the social sector and business environment; it portends well for economic performance in 2019 and beyond.

Indeed, the economy remains well on course to grow by 3% in 2019 as estimated in the Medium-Term Expenditure Framework."

The Buhari administration will continue to pursue the ERGP diligently and Nigerians can expect that economic conditions will continue to get better even as we move on to the Next Level.


Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
12 February, 2019

Copyright ©️ 2019, Office of the Vice President, Prof. Yemi Osinbajo, SAN, All rights reserved.

Please sir, tell us .. what made the indicies so low in 2017? my brother went to school and came 3rd position. I went to the same school, took 29th position first term, and in the 2nd terms i took joint 28th. I then confidently tell my parents that i am working hard towards achieving what my brother did!!!
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by BIAFRONIGERIAN(m): 6:20pm On Feb 12
this thread is strictly for zombies.
To draw their mind away from sniper, lagoon and transforner

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Ategberoson(m): 6:21pm On Feb 12
Kingspin:
Rubbish.

This is Atiku Momentum.
We just have to finished it by 16th.

Give Atiku a trier and if he mess-up we change him like boxers.


Why don't you kick him and his boss out for their corrupt and wasted 8years?


Why don't you kick them out when they sold and privatise all sectors at the detriment of impoverishing Nigerians and enriching their friends?


Atiku would be ashamed to contest in a civilize and sane country but here he is being acknowledged and canvassing votes for from a bunch of ignorance mofos


Pmb ride on, you ain't perfect but Atiku is not even close to the alternative of what Nigerians need now

3 Likes 1 Share

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by rusher14: 6:21pm On Feb 12
AngelicBeing:
Gbam, and the country is still the world headquarters of poverty and darkness grin

As found in your home abi?
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Bizibi(m): 6:22pm On Feb 12
Nor be only momentum, ns momental
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by semyman: 6:23pm On Feb 12
I am just wondering what will happen to all these looters and their supporters already salivating for the national treasury when they crash out on Saturday

1 Like 1 Share

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Kingspin(m): 6:23pm On Feb 12
rusher14:

You are pained.

You have more years of pain.

grin
The last 4 years has been a nation waste both in blood and suffering. FACT.

YOu can take the pain
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Redhot111(m): 6:24pm On Feb 12
FG, una dey mad well well. If there comes any improvement in the economy, I'm sure every Nigerian will know without you guys explaining some indices to us. Nigerians are not daft as not too know wen they are hungry and wen they are not. This Mumu govt came with famine and still battling to eat yet some idiots somewhere is explaining to us that the hunger isn't there. Mumu FG February 16th is the date. Bubu the impotent, psychiatric patient must be sent packing
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by GemstoneJs(m): 6:24pm On Feb 12
murecool:
OFFICE OF THE VICE PRESIDENT
PRESS RELEASE

STRONG MOMENTUM & CONTINUOUS GROWTH IN ECONOMY FURTHER SHOW BUHARI ADMINISTRATION'S POLICIES WORKING


*2018 overall reflects sustained improvement in non-oil sector

In what is a clear indication of the effectiveness of the economic policies of the Buhari presidency, Nigeria's Gross Domestic Product (GDP) figures recorded a marked improvement in the fourth quarter of 2018.

According to the National Bureau of Statistics, NBS, the GDP figure for the last quarter in 2018 is 2.38 per cent, reflecting continuous growth.

Below is a statement released in response to the new GDP figure by the Special Adviser to the President on Economic Matters, Dr. Adeyemi Dipeolu:

"The latest figures released by the National Bureau of Statistics, 2.38 per cent for the fourth Quarter (Q4), 2018 show an appreciable improvement in the growth performance of the economy. The figures are encouraging in several respects.

Notably, the growth recorded in the fourth quarter of 2018 (Q4 2018) was higher than both the growth of 1.81% in Q3 2018 and in the corresponding fourth quarter of 2017. Indeed, quarter-on-quarter growth from Q3 2018 to Q4 2018 was 5.31%, which signals a great potential for a higher annual growth rate.

In annual terms, the growth rate more than doubled in 2018, rising to 1.93% as compared to 0.82% in 2017, again reflecting the strong momentum of growth.

Also notable is the fact that growth in Q4 2018, and indeed for the whole year, owed a great deal to the performance of the non-oil sector. The non-oil sector grew at 2.7% in Q4 2018 as compared to 1.14% in the oil sector. The non-oil sector also grew by 2% in the whole year 2018 which was considerably better than its growth in the whole of 2017, which was 0.47%. The share of the non-oil sector in GDP was 92.94% while the oil sector contributed 7.06%.

With the maintenance of this trend, the economic diversification objectives of the Economic Recovery and Growth Plan are well on their way to being met.

It was encouraging that agriculture which accounts for 26.15% of total GDP grew by 2.46% in Q4 2018, while manufacturing grew by 2.09%. The service sector which accounts for 53.62% of GDP registered its strongest growth performance in 11 quarters.

Transport and storage, as well and information and communication, were particularly notable growing at 13.91% and 9.65% in the whole of 2018. This owes a lot to the investments that are being made in roads and rail as well as in broadband infrastructure.

The NBS figures also show that 39 out of 46 economic activities recorded growth in Q4 2018 which shows that growth across sectors is becoming more mutually reinforcing.

This growth is consistent with the policies and principles of the Economic Recovery and Growth Plan (ERGP) relating to macroeconomic stability and economic diversification. When better economic fundamentals like lower inflation rates, increased foreign reserves, a more stable exchange rate and increased capital inflows are taken together with increased investments in the real sector, infrastructure, the social sector and business environment; it portends well for economic performance in 2019 and beyond.

Indeed, the economy remains well on course to grow by 3% in 2019 as estimated in the Medium-Term Expenditure Framework."

The Buhari administration will continue to pursue the ERGP diligently and Nigerians can expect that economic conditions will continue to get better even as we move on to the Next Level.


Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
12 February, 2019

Copyright ©️ 2019, Office of the Vice President, Prof. Yemi Osinbajo, SAN, All rights reserved.
hmmmmmmm i taya ohh...everyday
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Kingspin(m): 6:25pm On Feb 12
Ategberoson:



Why don't you kick him and his boss out for their corrupt and wasted 8years?


Why don't you kick them out when they sold and privatise all sectors at the detriment of impoverishing Nigerians and enriching their friends?


Atiku would be ashamed to contest in a civilize and sane country but here he is being acknowledged and canvassing votes for from a bunch of ignorance mofos


Pmb ride on, you ain't perfect but Atiku is not even close to the alternative of what Nigerians need now
For once use your own brain not PMB. Support urs and leave mine
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Officialpdpnig: 6:25pm On Feb 12
Kingspin:
The last 4 years has been a nation waste both in blood and suffering. FACT.

YOu can take the pain

Even from far away they see the good happening in Nigeria while you who are right here pretend to be blind

2 Likes 1 Share

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Atk1nson(m): 6:26pm On Feb 12
Kudos to the government on the latest growth data, it's a nice way to put to silence criticism on their handling of the economy, but maybe its too late to respond.

1 Like 1 Share

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by SalamRushdie: 6:27pm On Feb 12
the govt does not realise the slight growth is a result of spending that's occurred in December and spending associated with the elections
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Kingspin(m): 6:30pm On Feb 12
Officialpdpnig:


Even from far away they see the good happening in Nigeria while you who are right here pretend to be blind
Nigeria definition is within Nigeria and its people.

More-so, the hunger and killings in the land is non partisan.
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by rusher14: 6:30pm On Feb 12
SalamRushdie:
the govt does not realise the slight growth is a result of spending that's occurred in December and spending associated with the elections

Explain how it skewed the data.

Let me guess, pulling out statements from your bum again Reno
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by SalamRushdie: 6:34pm On Feb 12
rusher14:


Explain how it skewed the data.

Let me guess, pulling out statements from your bum again Reno

the growth is very minute in the first place nothing to celebrate

1 Like

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Ategberoson(m): 6:35pm On Feb 12
Kingspin:
For once use your own brain not PMB. Support urs and leave mine


we would be here to curtail mumu like you from putting us back on the page other countries see us


how can a citizens of country be corruptly free if their leaders are corrupt? efcc clamping down Yahoo guys lately had never happen in a lifetime as far as Nigeria good governance is concern


we need a working country, not a person of Atiku with a questionable character can bring that development

2 Likes 1 Share

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Officialpdpnig: 6:36pm On Feb 12
Kingspin:
Nigeria definition is within Nigeria and its people.

More-so, the hunger and killings in the land is non partisan.

You mean hunger in your room.

Nigeria is the largest black nation in the world and the largest economy what affects Nigeria goes beyond Nigeria.

Like an African leader said, " If Nigeria sneezes Africa catches cold".

1 Like 1 Share

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by KPOLOVIE(m): 6:37pm On Feb 12
I hope our citizens will wise up, the person(President) who said the youths or citizens are lazy and that they are criminals is now sharing 10k everywhere. Anyone who collects this money and votes is really lazy and is a confirmed criminal!!!
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by rusher14: 6:39pm On Feb 12
SalamRushdie:


the growth is very minute in the first place nothing to celebrate

It is good growth.

No magic, just deliberate, cautious and frugal handling of our patrimony.

This hadn't even factored rail routes which should propel enterprise in the coming weeks.

Cry blood.

Nigeria is prospering.

1 Like

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Sirjamo: 6:40pm On Feb 12
Container economists will not understand this growth.
They just want all chukwudis and Emekas and Obis to be importing expired goods from China and India, that is the best economic growth to them.

2 Likes 1 Share

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by JALIO: 6:43pm On Feb 12
After you raise dollar to record high leading to closure of my poultry farm you struggling to get back to square one me that my farm close down due to the administration economic strategy what should I do N12 million just go. Vote for who ? I am tired.
murecool:
OFFICE OF THE VICE PRESIDENT
PRESS RELEASE

STRONG MOMENTUM & CONTINUOUS GROWTH IN ECONOMY FURTHER SHOW BUHARI ADMINISTRATION'S POLICIES WORKING


*2018 overall reflects sustained improvement in non-oil sector

In what is a clear indication of the effectiveness of the economic policies of the Buhari presidency, Nigeria's Gross Domestic Product (GDP) figures recorded a marked improvement in the fourth quarter of 2018.

According to the National Bureau of Statistics, NBS, the GDP figure for the last quarter in 2018 is 2.38 per cent, reflecting continuous growth.

Below is a statement released in response to the new GDP figure by the Special Adviser to the President on Economic Matters, Dr. Adeyemi Dipeolu:

"The latest figures released by the National Bureau of Statistics, 2.38 per cent for the fourth Quarter (Q4), 2018 show an appreciable improvement in the growth performance of the economy. The figures are encouraging in several respects.

Notably, the growth recorded in the fourth quarter of 2018 (Q4 2018) was higher than both the growth of 1.81% in Q3 2018 and in the corresponding fourth quarter of 2017. Indeed, quarter-on-quarter growth from Q3 2018 to Q4 2018 was 5.31%, which signals a great potential for a higher annual growth rate.

In annual terms, the growth rate more than doubled in 2018, rising to 1.93% as compared to 0.82% in 2017, again reflecting the strong momentum of growth.

Also notable is the fact that growth in Q4 2018, and indeed for the whole year, owed a great deal to the performance of the non-oil sector. The non-oil sector grew at 2.7% in Q4 2018 as compared to 1.14% in the oil sector. The non-oil sector also grew by 2% in the whole year 2018 which was considerably better than its growth in the whole of 2017, which was 0.47%. The share of the non-oil sector in GDP was 92.94% while the oil sector contributed 7.06%.

With the maintenance of this trend, the economic diversification objectives of the Economic Recovery and Growth Plan are well on their way to being met.

It was encouraging that agriculture which accounts for 26.15% of total GDP grew by 2.46% in Q4 2018, while manufacturing grew by 2.09%. The service sector which accounts for 53.62% of GDP registered its strongest growth performance in 11 quarters.

Transport and storage, as well and information and communication, were particularly notable growing at 13.91% and 9.65% in the whole of 2018. This owes a lot to the investments that are being made in roads and rail as well as in broadband infrastructure.

The NBS figures also show that 39 out of 46 economic activities recorded growth in Q4 2018 which shows that growth across sectors is becoming more mutually reinforcing.

This growth is consistent with the policies and principles of the Economic Recovery and Growth Plan (ERGP) relating to macroeconomic stability and economic diversification. When better economic fundamentals like lower inflation rates, increased foreign reserves, a more stable exchange rate and increased capital inflows are taken together with increased investments in the real sector, infrastructure, the social sector and business environment; it portends well for economic performance in 2019 and beyond.

Indeed, the economy remains well on course to grow by 3% in 2019 as estimated in the Medium-Term Expenditure Framework."

The Buhari administration will continue to pursue the ERGP diligently and Nigerians can expect that economic conditions will continue to get better even as we move on to the Next Level.


Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
12 February, 2019

Copyright ©️ 2019, Office of the Vice President, Prof. Yemi Osinbajo, SAN, All rights reserved.
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by NkayStory(f): 6:45pm On Feb 12
olujastro:
Unfortunately, the average Nigerian doesn't understand those figures up there. He just wants easy money after oil is sold so that he can say the economy is good.
That's why some educated illiterates prefer corruption era to infrastructure and an all inclusive economic growth. angry

For sane minds, those figures mean that our economy is slowly but gradually moving away from oil unto a more solid foundation - agriculture, manufacturing, construction, services, etc.
Making it less likely for Nigeria to become another Venezuela.

But if PDP returns, they will definitely reverse the gains that have been made so far and create a big mess for others to clear.
Same way Fayose took Ekiti 4yrs backwards and Fayemi is trying to clear the mess now.



Your brother above you is crying out for money to feed...Surely you APC ninnies should have helped him out by now since you agree that the economy is working..

EOD.
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Kingspin(m): 6:56pm On Feb 12
Ategberoson:



we would be here to curtail mumu like you from putting us back on the page other countries see us


how can a citizens of country be corruptly free if their leaders are corrupt? efcc clamping down Yahoo guys lately had never happen in a lifetime as far as Nigeria good governance is concern


we need a working country, not a person of Atiku with a questionable character can bring that development
Spare me with this corruption fight sh.it.

Buhari-Corruption is nepotism. For your information
The president eat and dance with corrupt people meaning he is also a member.
He is Destroying the entire country system in the name of corruption fight.
All the money recovered from different locations , Who own it? Name them, NO!
Also members of his cabinet on allegations were allow to go home free while other stay put. Are you kidding me.

So because he is fighting corruption then the rest of the country economy, education, security etc should suffer. In all these yet he has no conviction.
For your information the corruption fight is a diversionary and noise to feed the vulnerable.
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Kingspin(m): 7:00pm On Feb 12
Officialpdpnig:


You mean hunger in your room.

Nigeria is the largest black nation in the world and the largest economy what affects Nigeria goes beyond Nigeria.

Like an African leader said, " If Nigeria sneezes Africa catches cold".
Hey! You the poorest number of people is not a joke.

The only president you cannot communicate during interview.

Nigerians offer the job to the worst candidate. We can see were the failure started
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Officialpdpnig: 7:01pm On Feb 12
Kingspin:
Hey! You the poorest number of people is not a joke.

The only president you cannot communicate during interview. Nigerians offer the job to the worst candidate.

You are typing gibberish

1 Like 1 Share

Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by Kingspin(m): 7:03pm On Feb 12
Officialpdpnig:


You are typing gibberish
Where?? the poorest, or interview
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by AngelicBeing: 7:06pm On Feb 12
rusher14:


As found in your home abi?
Definitely not in my home, even before I left the shithole jungle years ago, I have several people feeding under my roof, as long as the sun, rain, moon and the celestial forces are still at work, I will continue to feed others, I guess poverty and darkness is permanently in your habitation that is why you fail to see the useless rubbish your political gods that you worship daily online have dragged Nigeria into, keep celebrating the bastards in power, my last response to you shocked
Re: Strong Momentum & Continuous Growth In Economy Further Show Buhari Is Working by rusher14: 7:12pm On Feb 12
AngelicBeing:
Definitely not in my home, even before I left the shithole jungle years ago, I have several people feeding under my roof, as long as the sun, rain, moon and the celestial forces are still at work, I will continue to feed others, I guess poverty and darkness is permanently in your habitation that is why you fail to see the useless rubbish your political gods that you worship daily online have dragged Nigeria into, keep celebrating the bastards in power, my last response to you shocked

You are only angry because you were a loser in Nigeria.

You don't even reside in the country, yet you are quick to discount every gain of the government.

Shame on you.

Poverty really dealt this guy something in Nigeria before fleeing for his dear life.

grin

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