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Nigeria’s GDP Grows By 3.46% In Q3 2024 - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria’s GDP Grows By 3.46% In Q3 2024 (4624 Views)

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Nigeria’s GDP Grows By 3.46% In Q3 2024 by yoruboid(op): 1:13pm On Nov 25, 2024
Nigeria’s Gross Domestic Product (GDP) grew by 3.46% (year-on-year) in real terms in Q3 2024.
This growth rate is higher than the 2.54% recorded in Q3 2023 and higher than Q2. 2024 growth of 3.19%.

Read the Q3 2024 GDP Report here:
https://www.nigerianstat.gov.ng/elibrary/read/1241591

Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Righthussle: 1:13pm On Nov 25, 2024
What of inflation in the same quarter?
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by yoruboid(op): 1:26pm On Nov 25, 2024
Righthussle:
What of inflation in the same quarter?
Inflation figures are released monthly and GDP quarterly

In October 2024, the Headline inflation rate was 33.88% from 32.70% in September 2024.

Month-on-Month, the Headline inflation rate in October 2024 was 2.64%. Food Inflation Rate was 39.16% Year on Year.

It is expected that they will drop in the next three months due to the harvests and reduced energy prices
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by helinues: 1:29pm On Nov 25, 2024
Good

We still have a long way to go in becoming more productive country instead of just consuming which is wastage of FX
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by FreeStuffsNG:
yoruboid:
Inflation figures are released monthly and GDP quarterly

In October 2024, the Headline inflation rate was 33.88% from 32.70% in September 2024.

Month-on-Month, the Headline inflation rate in October 2024 was 2.64%. Food Inflation Rate was 39.16% Year on Year.

It is expected that they will drop in the next three months due to the harvests and reduced energy prices
Anyone who let this opportunity to invest in Lagos, Yorubaland and Nigeria at large to miss him/her will forever regret it.

This is the best time to invest in Lagos, Nigeria.

May God bless Nigeria for ever! Check my signature for free stuffs!

Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by LastGiantAlive: 1:50pm On Nov 25, 2024
Nobody takes stats churned out of bayo onanuga's anûs seriously
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by 900warriorz: 2:13pm On Nov 25, 2024
I have never seen a country where all economic policies meant to save the country work in reverse as much as Nigeria huh
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by helinues: 2:15pm On Nov 25, 2024
LastGiantAlive:
Nobody takes stats churned out of bayo onanuga's anûs seriously
It's not a bad or sad news. We understand where you are coming from
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by medropoly(m): 2:15pm On Nov 25, 2024
GOD NEWS. FOR THE MAIN TIME LET'S NOT FORGET IT WILL SOON DROP.

no offence!
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by sylve11: 2:16pm On Nov 25, 2024
Not bad cool
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by LastGiantAlive: 2:16pm On Nov 25, 2024
helinues:
It's not a bad or sad news. We understand where you are coming from
I'm allergic to braindead zombies quoting me
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Ijaya123:
LastGiantAlive:
Nobody takes stats churned out of bayo onanuga's anûs seriously
We know positive news always upset and annoy you and your types

Realtruth2023:
who are the types? have some balls and mention their names.
Emergency lovers of Nigeria. Happy?

Realtruth2023:
be bold and name them naaaa. Stop being a coward.
Anybody with half a brain knows who the emergency lovers of Nigeria are.
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by VikingKing: 2:17pm On Nov 25, 2024
Meanwhile the market is bleeding, people are starving, and prices are going up and up.


But Lagos/Ibadan expressway media wants you to believe that progress is being made
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Pawa100:
grin


3.46 % GDP T-Pain Growth grin grin grin
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by LastGiantAlive: 2:18pm On Nov 25, 2024
Ijaya123:
We know positive news always upset and annoy you and your types
Go to the market and buy foodstuff with that "positive news" so that reality will hit you like a train. APC yorugbatist
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Ayodele1987: 2:19pm On Nov 25, 2024
g
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by MrBanner(m): 2:20pm On Nov 25, 2024
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Flame333: 2:20pm On Nov 25, 2024
Make dollar fall na

Abi 1750 dey ok
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Ikumapkayi: 2:20pm On Nov 25, 2024
Bad news for opposition. Waiting for the Tweeter President and serial loser to spin this good news
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by greenermodels: 2:21pm On Nov 25, 2024
Nigeria's GDP is fast falling in dollar value but growing quite fast in Naira value because of the massive inflation in the country is the naira value of goods and services whereas we're actually producing smaller quantities of these goods and services. In other words, Nigeria's economy is shrinking when measured in dollars.
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Ibehchizzy: 2:21pm On Nov 25, 2024
Lamba
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Armaggedon: 2:21pm On Nov 25, 2024
Source?
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by TableLeg(m): 2:22pm On Nov 25, 2024
helinues:
It's not a bad or sad news. We understand where you are coming from
Gbenu soun, Omo ale jatijati!
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Akfrenzy(m): 2:22pm On Nov 25, 2024
grin
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Georgry(m): 2:22pm On Nov 25, 2024
yoruboid:
Inflation figures are released monthly and GDP quarterly

In October 2024, the Headline inflation rate was 33.88% from 32.70% in September 2024.

Month-on-Month, the Headline inflation rate in October 2024 was 2.64%. Food Inflation Rate was 39.16% Year on Year.

It is expected that they will drop in the next three months due to the harvests and reduced energy prices
Drop within the next 3 months when christmas, new year festival and every other things dey front?
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by myforty68: 2:22pm On Nov 25, 2024
Same as population growth rate so inconsequential. It needs to double for us to feel any effect
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Alakoriomo: 2:23pm On Nov 25, 2024
LastGiantAlive:
Nobody takes stats churned out of bayo onanuga's anûs seriously
Exactly! Tbh, this is a sad news to us Nigerians. Why will our GDP increase when GDP of UK can get better instead so we can japa there
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by ehikwe22: 2:24pm On Nov 25, 2024
yoruboid:
Inflation figures are released monthly and GDP quarterly

In October 2024, the Headline inflation rate was 33.88% from 32.70% in September 2024.

Month-on-Month, the Headline inflation rate in October 2024 was 2.64%. Food Inflation Rate was 39.16% Year on Year.

It is expected that they will drop in the next three months due to the harvests and reduced energy prices
Reduced energy prices? Where? And what harvest?
Each crop has its harvest so every season is harvest season
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Ikumapkayi: 2:24pm On Nov 25, 2024
LastGiantAlive:
Go to the market and buy foodstuff with that "positive news" so that reality will hit you like a train. APC yorugbatist
Olodo! Hungry man. No so so food you all only know. That increase in ecinomic growth was contributed by businessmen and women who have vision. You dey here dey complain about food rather than look for how you will do something to better you life.
Re: Nigeria’s GDP Grows By 3.46% In Q3 2024 by Lanruze: 2:24pm On Nov 25, 2024
I can say with all sense of confidence, that this statistics is a white and brazen lie.

A lie from the deepest pit of hell !!

Minimum wage has just been implemented in Q4 and your are giving sensational reports.

Let's not go this route please repeating the Buhari mistake by falsifying data.
1 2 3 Reply

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