₦airaland Forum

Following the newly released third quarter Gross Domestic Product (GDP) report by the National Bureau of Statistics, President Bola Tinubu has assured Nigerians of better economic output as the economy continues to expand.

Nigeria’s GDP grew by 3.46 per cent, compared to the 3.19 per cent growth recorded in the second quarter, according to the NBS.

The growth in GDP shows that President Tinubu’s quest for a more robust boost in the economy and, by extension, a better standard of living for all Nigerians is on course.

The 3.46 per cent growth indicates Nigeria is recovering from the reforms’ unintended effects.

Weighing in on the development, Tinubu said his administration has not and will never forget his promise of a $1 trillion economy by 2030.

In a statement issued by his Special Adviser on Media and Public Communications, Sunday Dare, the President assured that “once the economy is rebased by early 2025 to capture its dynamism and record significant changes that have occurred in different sectors”, the country will be on its way to shared prosperity.”

The president said: “I am excited by the latest report from the National Bureau of Statistics that our economy grew in the third quarter more than last quarter and even beyond projected estimates. While I welcome this development, the latest figure also shows the much work that needs to be done.

“We won’t rest until Nigerians feel the positive impacts in their pockets and experience a better living standard. My administration remains committed to the welfare of our people.

“This performance once again shows that the reforms embarked upon by the Tinubu administration to reposition the economy and ensure better fiscal management are beginning to yield fruits.

“The proposed tax reforms also indicate the administration’s resolve to reduce the tax burden on small businesses and spread prosperity to the poor. The new Tax regime seeks to promote equity by reducing what is known as the headquarters effect – a situation where states, where company headquarters are based, get more benefits because their taxes for the whole nation are remitted – in favour of spatial and demographic equity.”

Source: https://dailytrust.com/I-wont-rest-until-Nigerians-feel-economic-impact-Tinubu

Propaganda doesn't grow the economy

All the manipulated propaganda data from the Nigerian Bureau of Statistics will not grow the economy.

Real economic growth will be felt in the lives and living standards of Nigerians.

As long as the cost of basic food items, fuel, transportation, etc., continues to rise as it is currently, negatively impacting the lives of the average Nigerian, then Tinubu and the NBS are merely dishing out propaganda, deceiving themselves into thinking they are deceiving Nigerians.

Weighing in on the development, Tinubu said his administration has not and will never forget his promise of a $1 trillion economy by 2030.

After a disastrous first 18 months, the surest way to secure 2027 is by mouthing his imaginary $1Tr economic target of 2030.

We are gradually getting there.

The economy will stabilize and the people will feel it.

Nawa o

Nigerians have been subjected to unwarranted impoverishment and hunger since Tinubu assumed office.The economy have never breathe well @ all because of your incompetency, ineptitude and utter cluelessness. He is simply a poorly orchestrated charade and façade against the backdrop of deepening national suffering.

However, your profligacy in wasting Nigeria's resources in wasteful ventures, giving it the most overbloated cabinet with attendant confused media paparazzis for propaganda has stand you out as the most wasteful government in the history of this nation.

Nigerians are already feeling the impact through hardship and hunger

You can rest

Another bigger version of shege banza is in pipeline and about to be unveiled..

Brethren, don't let Tinubu catch you unaware.

Be prepared

Tinubu's true feelings about Nigeria economic situation....

Even in death you won't rest for the unbearable hardship you have subjected Nigerians. You have absolutely no solution to your blunders. Even the reckless manner you spend money on your comfort and the comfort of those around you shows you are not a sincere person.

I blame our useless National Assembly.
With the way you destroyed the economy of Nigeria within your one year in office, you deserve an express impeachment.
But those your house boy's and shoe shiner's led by Akpabio are brainless.

All the best his Excellency

Chekwume16:
Even in death you won't rest for the unbearable hardship you have subjected Nigerians. You have absolutely no solution to your blunders. Even the reckless manner you spend money on your comfort and the comfort of those around you shows you are not a sincere person.

Have you lots rested since the election loss which is over a year now?

Some of you are still nursing the election hangover loss

Odigwa serious! So at this pace, it's not enough?

No peace for the wicked.

Everything is not politics. I have always spoken highly of tinubu and was even happy for his victory but the time of politics is over. I had hopes that tinubu will even be better than obi but he has been a monumental disaster. Seems you are not based in this country

helinues:
Have you lots rested since the election loss which is over a year now?

Some of you are still nursing the election hangover loss

We are on the right path. God bless Nigeria for ever!

Good to see that the economy is on the path to recovery.

You will sink into it. Continue following IMF and World Bank advice. What the Argentine President rejected and stopped borrowing and printing cash but still balanced the budget is what Tinubu wants to die in. Okay naw, we are waiting for the scorecards.

Chekwume16:
Everything is not politics. I have always spoken highly of tinubu and was even happy for his victory but the time of politics is over. I had hopes that tinubu will even be better than obi but he has been a monumental disaster. Seems you are not based in this country

That's your own assessment.

This government has been updating Nigerians about almost every of their moves, we have seen some working, we are seeing some in the making.

You can't plant in a day and harvest in that same day.

Olodo in the mud...


Na statistics we go chop.... Don drop update😂😂

CodeTemplarr:
After a disastrous first 18 months, the surest way to secure 2027 is by mouthing his imaginary $1Tr economic target of 2030.

He's willing to suck up every penny from the already over taxed Nigerians to achieve his imaginary dreams......

The economic impact of inflation and hunger.

Nigerians can feel the impact already. Balablu can ret

Simply put, you won't rest untill you commit genocide by using hunger and hardship as your genocidal weapons to wipe out Nigerians from the earth surface. FAILURE.

More grace to you Mr President. We are seeing the little changes already and the reforms are still very much in their early stages.

Agbaya you can't give what you don't have.

Nija be drug cartel, so Tinubu is useless.

Tinubu is best suited for a drug cartel

Nigeria’s GDP grew by 3.46 per cent, compared to the 3.19 per cent growth recorded in the second quarter, according to the NBS.

I really do not understand how economic indices work in Naija.
A major indicator of a growing GDP is increased employment, is that happening now?
IMF said a few days ago that reform policies are not working, Nigerians are crying of hunger in the midst of a growing GDP.

That means you will never rest, cos your wicked tinubulation policies can't have any positive impact on the economy.

A bag of 50kg rice is 100,000 naira.

25 liters of groundnut oil is almost 100,000 naira.

The devil will be laughing at adan, do they know what poverty people have gone through. This economy is not even improving, people don't even have money for transport.

Good to know.