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Nairaland Forum / Nairaland / General / Politics / World Bank Downgrades Nigeria’s Economic Growth Projection (485 Views)
IMF Downgrades Nigeria’s Economic Growth / Buhari Goofs On Reelection Date, GDP Growth Projection - The Cable / World Bank Cuts Nigeria’s Growth Projection To 1.9% (2) (3) (4)
World Bank Downgrades Nigeria’s Economic Growth Projection by Racoon(m): 12:50pm On Jan 12, 2023 |
Previous Thread: Borrowing costs, others weaken Nigeria’s fiscal position – W’Bank https://www.nairaland.com/7521269/high-borrowing-costs-others-affects#119951522 The World Bank Group has once again lowered its growth projection for Nigeria’s economy, citing a weakened oil sector as its primary reason. This was contained in the bank’s Global Economic Prospects report published on Tuesday.https://punchng.com/world-bank-downgrades-nigerias-economic-growth-projection/?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1673498025 Mynd44 nlfpmod Seun
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Re: World Bank Downgrades Nigeria’s Economic Growth Projection by odduduwa: 12:50pm On Jan 12, 2023 |
The zoo is finished |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by Racoon(m): 12:51pm On Jan 12, 2023 |
According to the projection, Nigeria’s economy will further decelerate to 2.9 per cent in 2023 and is not expected to record any growth in 2024.This is how they met the 3rd most thriving economy in 2015 and then retrogressively driven it backwards over the past 7 years. They were warned about senseless impulsive urge to getting loans and borrowings as the solution to the any self-inflicted economic crisis bedevilling this already bleeding nation. Diversify the economy was from the mono-oil dependence, they refused.Now here we are. Yet these 2015-2023 class of grossly clueless, inept, incompetent, impactless, and directionless super looters band of criminals still seeking another electoral mandate from the same people they have afflicted? No be juju be that? 1 Like |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by Racoon(m): 12:56pm On Jan 12, 2023 |
Nigeria has a choice to implement critical macroeconomic and structural reforms that can reduce crisis vulnerabilities and increase growth. Doing so will lift per-capita incomes, sustainably reduce poverty and deliver better life outcomes for many Nigerians.The present bunch of wasters will destroy this country patapata. Abeg Peter Obi to the rescue. 2 Likes |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by Nbote(m): 12:57pm On Jan 12, 2023 |
Why won't they when all the govt does is introduce policies that are counter productive and driving the nation into further doom while trying to sell the picture of an el dorado it created |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by WibusJaga: 1:09pm On Jan 12, 2023 |
. Tougher days ahead unless we vote wisely. So glad I finally collected my PVC at my ward, after a couple of futile efforts going to the LGA INEC office last week. The sacrifice was worth it after all. |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by Psalmy2cute(m): 1:19pm On Jan 12, 2023 |
odduduwa:The zoo you’re living in?? Stupid oaf |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by jumper524(m): 1:30pm On Jan 12, 2023 |
The Bank noted that a number of factors, such as low oil output, insecurity, petrol subsidies, forex scarcity, among others, hamper growth in the country. problems like low oil output and subsidies has always hampered our economic growth in his country. but they are bound and projected to be solved this year as all presidential candidates has agreed on the removal of subsidy. so in essence, Nigeria is expected to enjoy improved economic growth soonest. 1 Like |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by odduduwa: 5:12am On Jan 13, 2023 |
Psalmy2cute:ikpu NNE gi |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by ican2020: 5:54am On Jan 13, 2023 |
“According to the projection, Nigeria’s economy will further decelerate to 2.9 per cent in 2023 and is not expected to record any growth in 2024.” Yet some brainless folks are still campaigning for the party responsible for all negativity facing the country A country over blessed by God almighty ya dibal |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by alanto: 7:17am On Jan 13, 2023 |
It's a shame... Na small small Nigeria spoil .. Buhari is not doing well with forex, the people he puts in charge of economy and finance are cronies with ideas but not solutions.. Baba has done his best, I believe Tinubu can improve things from here, Tinubu have eyes for smart people. Politicians can have senate and governorship positions but when it comes to appointment, I believe Tinubu to chose the right people.... While Tinubu was a governor, he worked with Ambode, Fashola, Same Olu, Osibanjo and a whole lots of them, these are professionals that became politicians because their expertise were required. This i expect BAT to replicate at the federal level. I always dreamed of one the day the city boy will become Nigeria president. It has always been my dream because I'm patriotic and I want the best to happen to this country. |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by alanto: 7:29am On Jan 13, 2023 |
Tinubu is the only man in this election that people are supporting either because of track record or support for them in the past... Other contestants are using money and ethnic sentiments to win follwership |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by NigerianAngelo(m): 8:23am On Jan 13, 2023 |
Mumu. Nigeria will grow by at least 10% this year. Mumu people. |
Re: World Bank Downgrades Nigeria’s Economic Growth Projection by Anambra1stSon(m): 8:26am On Jan 13, 2023 |
Racoon:
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(1) (Reply)
Again, Atiku Said Vote Apc At Kogi Rally / January 15th 1966 Coup Detat Was Nigerian Army Agreement, Not Igbo Coup / You Be Thief, I No Be Thief: Atiku And Tinubu Should Face The Issues
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