Nigeria stands as the number one country in Africa in the International Monetary Fund (IMF) 2020 World Economic Outlook’s ratings of countries.

Using countries’ GDPs, IMF ranked Nigeria among the first 26 countries in the world in the same position with an average $442,976 million.

Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.

Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary from one year to another based on fluctuations in the exchange rates of the country’s currency.

Such fluctuations may change a country’s ranking from one year to the next, even though they often make little or no difference in the standard of living of its population.

Nigeria had put in place several measures to improve on the economy by tackling various sectors that has direct impact on the lives of its citizens.

The Economic Recovery Growth Plan (ERGP) of the government aims to tackle the key challenges to economic development through tackling constraints to growth and leveraging on the power of the private sector.

It also initiates the promotion of national cohesion and social inclusion, allowing markets to function as well as uphold the core values that define the Nigerian society as enshrined in the 1999 Constitution.

The key principles on which the ERGP stands are focus on tackling constraints to growth; leveraging the power of the private sector and promoting national cohesion and social inclusion.

Others are allowing markets to function and upholding core values that define the Nigerian society.


https://leadership.ng/gdp-imf-ranks-nigeria-1st-in-africa-26th-in-the-world/?amp=1

Something to cheer about, at least.

I hope this positively impact on personal economies in the coming year.


Hope IMF isn't trying to court us for another loan.

Ok

Nigeria going places...this is not an easy feat.

No 1 is the target

God bless Baba Buhari and Osinbajo

.

Nigerians perish for lack of knowledge

See as some people will celebrate this feat

When it does not tell the real story of the nation

I'm not impressed

Congratulations to all Nigerians.

Nigerian are working hard only that their leaders have little or nothing to show for it oo o

First in terms of loan borrowing or terrorism or hunger or poverty or inflation or banditry......

If its for GDP....then the world bank have err because there's no significant relationship between high GDP and improved standard of living of the people.

spy24:
Nigerians perish for lack of knowledge

See as some people will celebrate this feat

When it does not tell the real story of the nation

I'm not impressed

We don't expect you to be impressed. One thing I do know for sure is that if it was the other way around, you would be impressed.

Children of hate how market?

spy24:
Nigerians perish for lack of knowledge

See as some people will celebrate this feat

When it does not tell the real story of the nation

I'm not impressed

Eeyah, he’s so sad!

Sad news about the country gives them orgasm while positive news gives them migraine. Las las, na headache go kill all those who rejoice in hearing negative news about Nigeria.

Let them show us GDP per capita. This one is deceptive in a sense.

spy24:
Nigerians perish for lack of knowledge

See as some people will celebrate this feat

When it does not tell the real story of the nation

I'm not impressed

Some people are never impressed about anything in this world till their last breath, so don't worry there are few of your kind out there

GDP per capita is far more important than GDP

We have the population our GDP should be close to 2 trillion dollars if we are serious

spy24:
Nigerians perish for lack of knowledge

See as some people will celebrate this feat

When it does not tell the real story of the nation

I'm not impressed

children of hate and perdition.

spy24:
Nigerians perish for lack of knowledge

See as some people will celebrate this feat

When it does not tell the real story of the nation

I'm not impressed

But people like you will feel relieved when it's a pathetic news right. We know you. Nonesense!

SaintBeehot:
children of hate and perdition.

Abi

I Love PMB

Actually not impressed

1.GDP is down from 2014..where it was $500billion.

2.The GDP is dependent directly and indirectly on oil prices...which means that tthe more oil falls, the more the thing falls.

3.If this is the highest in Africa, Africa is really broke.

4.Per capitta GDP is $2200. Some developing countries have per capita ten tto twenty times higher than that.

This is not cause for rejoicing.

The poorest country by GDP per capita in the world is NIGER republic.

When it comes to the highest concentration of poor people in one country, it is NIGERIA.

Do you see any resemblance here ?

The niggar connection.

TheRareGem1:


But people like you will feel relieved when it's a pathetic news right. We know you. Nonesense!

Tell me what exactly does this news change in your life

SaintBeehot:
children of hate and perdition.

Child of love and ignorance

Claudiusdeux:
Actually not impressed

1.GDP is down from 2014..where it was $500billion.

2.The GDP is dependent directly and indirectly on oil prices...which means that tthe more oil falls, the more the thing falls.

3.If this is the highest in Africa, Africa is really broke.

4.Per capitta GDP is $2200. Some developing countries have per capita ten tto twenty times higher than that.

This is not cause for rejoicing.

Nigeria cannot appear in first 5 GDP per capita is Africa self based on 210m people. The population is too much.

South Africa has the second highest GDP figure but less than 100m people.

Economic outlook refers to projections. It doesn't contain anything. They are gambling.

alizma:

Some people are never impressed about anything in this world till their last breath, so don't worry there are few of your kind out there

Give me one reason why should be impressed with this news ?

seunmsg:


Eeyah, he’s so sad!

Sad news about the country gives them orgasm while positive news gives them migraine. Las las, na headache go kill all those who rejoice in hearing negative news about Nigeria.

Las Las na people like ona go make Nigeria turn to Sudan

So you expect me to celebrate Nigerias rank in GDP ? Ona Mimi don do

Ignorance at its peaks

spy24:
Nigerians perish for lack of knowledge

See as some people will celebrate this feat

When it does not tell the real story of the nation

I'm not impressed

you would have been impressed if the report says order wise.
Happy wailing!

spy24:


Give me one reason why should be impressed with this news ?

why should you? Continue being in pain. Who cares?

Miracle1991:
why should you? Continue being in pain. Who cares?

You no go school naim cause am

If you had gone to school you would have had a better understanding on this issue.

No wonder this thread is dry, if to say the report said order wise, this thread for don reach 89 pages. Children of hate are running away from this thread, lovers of bad news are in pain.

This shows our Darling President is doing a great work, Daddy oyoyo ...