Q4 2016 Gross Domestic Product Report - Politics

Q4 2016 Gross Domestic Product Report - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Q4 2016 Gross Domestic Product Report (551 Views)

Q4 2016 Gross Domestic Product Report by Blue3k(op): 4:51pm On Feb 28, 2017

In 2016, the National Bureau of Statistics (NBS) conducted the Quarterly Establishment Surveys for the first three quarters of 2016 (Q1-Q3, 2015), while the fourth quarter survey for 2016 was conducted in 2017. These surveys produced the data that was used for the compilation of the quarterly GDP for the four quarters of 2016(Q1 – Q4, 2016).

In subsequent sections of this report, emphasis will be given to the composition of GDP in the Fourth quarter of 2016 and the corresponding quarter in 2015.

Source: http://nigerianstat.gov.ng/report/518

Re: Q4 2016 Gross Domestic Product Report by Temidayo9(m): 4:55pm On Feb 28, 2017

It will definitely get better, may be one day

Re: Q4 2016 Gross Domestic Product Report by Blue3k(op): 5:02pm On Feb 28, 2017

Temidayo9:
It will definitely get better, may be one day

I agree nobody was expecting much from 2016 numbers. I'm keeping my eyes on 2017 Q1 report. All the politicans are claiming things are improving we'll see if numbers prove this fact. I think they'll scrape by with 1% growth.

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Re: Q4 2016 Gross Domestic Product Report by basilo102: 5:48pm On Feb 28, 2017

Blue3k:
I agree nobody was expecting much from 2016 numbers. I'm keeping my eyes on 2017 Q1 report. All the politicans are claiming things are improving we'll see if numbers prove this fact. I think they'll scrape by with 1% growth.

with Buhari spending more than one month in UK in this Q1 2017, there is hope definitely.

Re: Q4 2016 Gross Domestic Product Report by Jesusloveyou: 6:45pm On Feb 28, 2017

Temidayo9:
It will definitely get better, may be one day

is going to be positive outlook in this first quarter of 2017.

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Re: Q4 2016 Gross Domestic Product Report by 4Play(m): 6:49pm On Feb 28, 2017

Blue3k:
I agree nobody was expecting much from 2016 numbers. I'm keeping my eyes on 2017 Q1 report. All the politicans are claiming things are improving we'll see if numbers prove this fact. I think they'll scrape by with 1% growth.

I think we are due a nadir soon, if we haven't already reached it. Oil prices have been improving and I suspect if we don't return to growth in Q1, we will do so in Q2 (provided oil prices/production remain supportive).

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Re: Q4 2016 Gross Domestic Product Report by Jesusloveyou: 6:54pm On Feb 28, 2017

Blue3k:
I agree nobody was expecting much from 2016 numbers. I'm keeping my eyes on 2017 Q1 report. All the politicans are claiming things are improving we'll see if numbers prove this fact. I think they'll scrape by with 1% growth.

so many factors hinder us to achieve positive growth.
Even rainfall was not much last year, but now the rain has started pouring,
The most critical factors is the millitant that cost us more than 100b dollars last,

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Nigeria’s Unemployment Rises To 14.2% In Q4, 2016 • Nigeria’s Ports Record 59.5% Increase In Vessel Calls, 80.1% In Gross Tonnage • Nigeria’s Economy In Recession In Q4 • 2 • 3 • 4

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