Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg (1704 Views)
| Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Orikinla(op): 4:36pm On Nov 23, 2015 |
I don't know how God is doing it, but there is an economic miracle going on at the moment since the start of the laster quarter of 2015. Bloomberg's latest report shows that Nigerian economy is expanding faster under President Muhammadu Buhari. I cannot applaud his economic policy at the moment, but I can applaud his pragmatic actions against corrupt practices in both the public and private sectors. Cases of corruption have drastically reduced and restored the confidence of foreign investors in the Nigerian economy. With the appointment of his ministers, I expect President Buhari's cabinet to perform above board and succeed in advancing the national development of Nigeria. I thank God for the good news in spite of my disappointment in President Buhari's shortcomings in his handling of the critical national security of the country which still remains the Achilles' heel of Nigeria. Read the Bloomberg's report on Nigeria Economy Expands at Faster Pace as Oil Output Rebounds - Bloomberg Business, http://www.bloomberg.com/news/articles/2015-11-17/nigeria-economy-expands-at-faster-pace-as-oil-output-rebounds 2 Likes |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Nobody: 4:37pm On Nov 23, 2015 |
Yes it iS 1 Like |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Bayswater: 4:38pm On Nov 23, 2015 |
Are you okay? 6 Likes |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by LoveMachine(m): 4:41pm On Nov 23, 2015 |
We are gonna be just fine. It ain't about the come up it's the comeback ~Ice-T |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by dunkem21(m): 4:43pm On Nov 23, 2015 |
Bayswater:  |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Blackfire(m): 4:45pm On Nov 23, 2015 |
Opin aye.
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Uwa mmebi. |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by TITOBIGZ(m): 4:48pm On Nov 23, 2015 |
End time economy |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Nobody: 4:48pm On Nov 23, 2015 |
Bayswater:Nigeria’s economy, the largest in Africa, expanded at a slightly faster pace in the third quarter as oil production increased. Gross domestic product rose 2.8 percent from a year ago, compared with 2.4 percent in the second quarter and 6.2 percent in the same period of 2014, the National Bureau of Statistics said in an e-mailed report on Tuesday. Oil output jumped to 2.17 million barrels a day from 2.05 million barrels. Nigeria, Africa’s biggest oil producer, is struggling to cope with an almost 60 percent plunge in crude prices since June last year. Economic growth is set to slow to 3.9 percent this year from 6.3 percent in 2014, according to the median estimate of 10 economists surveyed by Bloomberg. The oil industry rose 1.1 percent in the three months to the end of September, after contracting 6.8 percent in the previous quarter, the statistics agency said. The non- oil industry, which makes up 90 percent of GDP, increased 3.1 percent in the third quarter, down from 7.5 percent a year earlier. Manufacturing fell 1.8 percent, the third consecutive quarterly contraction. |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by shogz89: 4:55pm On Nov 23, 2015 |
.. |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by obiak4(m): 4:56pm On Nov 23, 2015 |
When will we see feasible project abi na paper economy ni  ??APC scam oko la pe jei lan yon. May our economy not collapse like Audu when it shows sings of recovery ooo tru God eledumare i hv reachalander 2 Likes |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Orikinla(op): 4:57pm On Nov 23, 2015 |
NSE rebounds, as market capitalisation increases by N12bn | New Mail Nigeria, http://newmail-ng.com/nse-rebounds-as-market-capitalisation-increases-by-n12bn/ |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Retributionn: 5:01pm On Nov 23, 2015 |
Bayswater:Maybe Bloomberg is the one not ok Ststatistics does not lie A 0.4% increase in GDP year on year despite the plummeting of oil prices Impressive 3 Likes 1 Share |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by ijustdey: 5:14pm On Nov 23, 2015 |
am sure those prophets of dooms will not like this trying to build what their HERO and cronies destroyed takes time and planning. building a variable and sustainable economy is not rocket science with what is going on globally. let's take one step at a time |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Orikinla(op): 5:42pm On Nov 23, 2015 |
GDP is improving and inflation is reducing. See the report on How Nigeria’s Higher Economic Growth, Low Inflation will Shape CBN’s Decision On MPC, http://naija247news.com/2015/11/how-nigerias-higher-economic-growth-low-inflation-will-shape-cbns-decision-on-mpc/ |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by eyesofgod: 6:10pm On Nov 23, 2015 |
Despite coming face to face with a Saviour, the Jews chose not salvation. Nothing less is expected of the unrepentant wailers. Good news is anathema in their camp. |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Scout60(m): 6:11pm On Nov 23, 2015 |
shebi in ur dream... fuel #140 |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Orikinla(op): 8:46pm On Nov 23, 2015 |
Retributionn:. The guy asking whether I am ok is a retard. The report from NSE confirms the facts of improving economy under PMB. |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by baralatie(m): 8:51pm On Nov 23, 2015 |
IyaIode:Do you understand the estimates are 4.45% short |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by baralatie(m): 8:54pm On Nov 23, 2015 |
Retributionn:Did you notice in your own submission GDP growth year after year is 0.4% |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Retributionn: 9:01pm On Nov 23, 2015 |
baralatie:And so what sir? GDP growth is always a good thing, especially in the face of economic challenges such as low oil prices and a reduction in exports 3 Likes |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by baralatie(m): 9:06pm On Nov 23, 2015 |
Retributionn:Can you connect your GDP ,national income,debt,and inflation. Then you will see the real issues. NBS posted the report that is been relayed by the op! But is cutting out this "However, this was 4.45 per cent lower than the corresponding quarter in 2014 and marginally lower than Q2 2015 estimates." |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Orikinla(op): 9:26pm On Nov 23, 2015 |
If the economy is not expanding, I don't how more jobs are currently being created. More jobs than in 2014. An economy that creates more jobs is an expanding economy. Personally I created some jobs last month that I could not do last year. And next year, I am already working on investing US$2.5m on the education of millions of underprivileged girls out of school. Afrinolly just launched the biggest marketplace for Nollywood and African movies and Access Bank is investing N1 billion to finance Nollywood movies. These are facts from my own sector of the economy. |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by speedyGonzales: 9:55pm On Nov 23, 2015 |
hahaha! okay! Bloomberg! |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Herald47: 10:10pm On Nov 23, 2015 |
I think bloomberg meant the other way round.because;
full=320 naira a litre.
Tp aba-abj=8000 naira
jp morgan delisted nigeria. 1 Like |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by jstbeinhonest(m): 10:12pm On Nov 23, 2015 |
. |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by captainflash(m): 10:15pm On Nov 23, 2015 |
Retributionn:.....click like if u love our able president.... Bad belle is allowed.. |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by lolzzzz: 10:34pm On Nov 23, 2015 |
What a joke of a country, national GDp increase by 0.4% while my pocket rate decrease by 40%. I think Nigeria is cursed.  1 Like |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by veraponpo(m): 10:34pm On Nov 23, 2015 |
The enemies of the government in power are not interested in this news. |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by Phame: 10:36pm On Nov 23, 2015 |
We no talk am?
#ImournAudu |
| Re: Nigerian Economy Expanding Faster Under President Muhammadu Buhari - Bloomberg by porka: 1:37am On Nov 24, 2015 |
Nigeria Economy Expands at Faster Pace as Oil Output Rebounds Nigeria’s economy, the largest in Africa, expanded at a slightly faster pace in the third quarter as oil production increased. Gross domestic product rose 2.8 percent from a year ago, compared with 2.4 percent in the second quarter and 6.2 percent in the same period of 2014, the National Bureau of Statistics said in an e-mailed report on Tuesday. Oil output jumped to 2.17 million barrels a day from 2.05 million barrels. Nigeria, Africa’s biggest oil producer, is struggling to cope with an almost 60 percent plunge in crude prices since June last year. Economic growth is set to slow to 3.9 percent this year from 6.3 percent in 2014, according to the median estimate of 10 economists surveyed by Bloomberg. The oil industry rose 1.1 percent in the three months to the end of September, after contracting 6.8 percent in the previous quarter, the statistics agency said. The non-oil industry, which makes up 90 percent of GDP, increased 3.1 percent in the third quarter, down from 7.5 percent a year earlier. Manufacturing fell 1.8 percent, the third consecutive quarterly contraction. http://www.bloomberg.com/news/articles/2015-11-17/nigeria-economy-expands-at-faster-pace-as-oil-output-rebounds |
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