₦airaland Forum

The Federal Government has projected a rise to 4.2 percent of the country’s Gross Domestic Product (GDP) in 2022.

Mrs. Zainab Ahmed, Minister of Finance, Budget, and National Planning said this at the Public Consultation on the Draft 2022 to 2024 Medium Term Fiscal Framework and Fiscal Strategy Paper (MTFF/FSP) on Thursday.

Ahmed said the GDP projected in 2021, to close at three percent, had been adjusted downwards to close at 2.5 percent.

https://newsrand.com/2021/07/02/nigeria-is-expecting-a-rise-in-gdp-to-4-2-finance-minister/

From where ? As a numbers and projections specialist I can say with all confidence that with all the bad decisions the Buhari govt has made in the last 30 days from banning of twitter to the the illegal rendition of Kanu and the needless attack on Igbohos compound , take it from me the Economy can only shrink !!

That's based on agric harvest and temporal. Highest is Dangote refinery doing the magic.

FarahAideed:
From where ? As a numbers and projections specialist I can say with all confidence that with all the bad decisions the Buhari govt has made in the last 30 days from banning of twitter to the the illegal rendition of Kanu and the needless attack on Igbohos compound , take it from me the Economy can only shrink !!

while the minister in a room of professionals gave figures borne out of credible analysis, you are using your little knowledge as a Betnaija punter to claim projection analyst on Nairaland only to prove more dumbness by citing Twitter ban and the arrest of a secessionist.

I'm not saying you shouldn't post on Nairaland o—Never! I'm only asking you restrict yourself to topics you know something about.

Officialgarri:
while the minister is in a room of professionals gave figures borne out of credible analysis, you are using your little knowledge as a Betnaija pundit to claim projection analyst on Nairaland only to prove more dumbness by citing Twitter ban and the arrest of a secessionist

blaming everything blamable for incompetence.

It may also interest you that 1k Ghana Cedes Is equal to 70k Nigerian Naira as we speak

Officialgarri:
while the minister is in a room of professionals gave figures borne out of credible analysis, you are using your little knowledge as a Betnaija pundit to claim projection analyst on Nairaland only to prove more dumbness by citing Twitter ban and the arrest of a secessionist

We all know how the Buhari govt lies about data and suppresses credible data ..for example the Buhari govt will tell you there is reduction in inflation but in reality inflation is in double digits and growing daily ..the Buhari govt said it had lifted 10 million people from poverty when credible world bank data shows he actually plunged 25 million into poverty .... I am super good with projections , with little data I can see the future , remember I told y'all Buhari will be NIGERIas worst president and see now I am vindicated ..I didn't make a wild guess I used the data from his first 6 months in office to make that correct projection ...and today again I assure you with the events of the last 30 days the economy can only shrink

You are expecting a rise in the GDP to 4.2% fine and good.

But will this GDP rise also translate into a rise in the purchasing power of the citizens, rise in the quality of their living standard?

A country can be wealthy when you look at the figures and statistics on paper but in that same country the citizens can be as miserably wretched as hell

Audio rise....probably with help from viagra!