BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 - Business (3)

BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 - Business (3) - Nairaland

Nairaland Forum › Nairaland General › Business › BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 (27260 Views)

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Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by refreshrate: 8:05am On Sep 05, 2017

Scam

Bloody scammers

The match and campaign towards 2019 begins falsification of reports and indices will become the order of the day so zombies will be able to have frenzied orgies.

Watch our for more lies.

How did we get out of it...how?

Ndi Ala

4 Likes 1 Share

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by sisisioge: 8:06am On Sep 05, 2017

Really? Things are still expensive o...abi how una measure it? It is well.

1 Like

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by jonnytad(m): 8:07am On Sep 05, 2017

Okay, when are we exiting recession in real life....

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Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by SycophanticGoat: 8:07am On Sep 05, 2017

clarocuzioo:
Then why are you disturbing the handicapped when you know you are not qualified to train them, is than not a proper definition of lunacy??

Lovely reply to a brainless imbecilic goat..

1 Like

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by continentalceo(m): 8:08am On Sep 05, 2017

GavelSlam:
Don't tell me the 68 in your moniker is the year you were born Godswill.

You can't fool anyone, no one gives a shit about figures five us bloody facts. We want it reflect on market prices , of both fx and commodities. Don't give us some trashy statistics while people are suffering.

3 Likes

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Nobody: 8:08am On Sep 05, 2017

What did you understand by recession

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by michoim(m): 8:08am On Sep 05, 2017

Good one.

1 Like

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by JhyMedex: 8:08am On Sep 05, 2017

Abt freakin time!!!

Hopefully d Common man In d streets wld begin to feel d impact soon Enof..

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by eflintsone(m): 8:10am On Sep 05, 2017

Heromaniaa:
Big fat lie.

before u call it a lie at least look at d prices of gds nd services today nd tell me is nt crashin dwn....

1 Like 2 Shares

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Allwility: 8:10am On Sep 05, 2017*

I could vividly recall making some predictions last year when the recession was biting hard.
https://www.nairaland.com/3326012/recession-personal-income-planning/1#49036882

Some were sceptical. I just hope lessons were learnt, because for every job cut we experienced, a family of four dependants was affected.

Enough said let's take a look at the key I gave in that post. I hope new millionaires would emerge and be wise enough to invest in Nigeria.

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Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by oz4real83(m): 8:10am On Sep 05, 2017

Rolly22:
Reflect where? Keep on dreaming

it is like a farming season. A farmer sees his crops growing and budding. The farmer is suffering because he cant harvest anything that period even though his farm is on the right track. That is exactly the situation of Nigeria at the moment. There will come a time for harvesting and all these tears and complaints will be history.

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Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by dvee2: 8:11am On Sep 05, 2017

oneeast:
What is the price of a bag of rice at Ochanja or Oshodi markets?

Why are they bandying figures around when the common man's way of assessing the economic situation depends on how much he buys essential commodities.

This government is the worst ever in the history of Nigeria.

Nigeria is in recession u complain, Nigeria out of recession u also complain. What do u want? Obviously u are one of d Waillers,nothing this government does will ever please u except handing over power to the" ineffectual buffoon " your hero. Lol

3 Likes 1 Share

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by ralph28(m): 8:11am On Sep 05, 2017

In reality or on media?

Still watching!

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Freelancer007(m): 8:12am On Sep 05, 2017

Kk... Nice to hear.

here

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by eflintsone(m): 8:13am On Sep 05, 2017

flyca:
Story! Fuel is still 145.
Rice nko? Abegi!

lol petrol price is fixed nd its was nt set at 145 cos of recession , now tell me frm about 25k for a bag of rice to 15k to a bag is not enough evidence of price of goods nd services crashing dwn

1 Like 1 Share

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Heromaniaa: 8:13am On Sep 05, 2017

eflintsone:
before u call it a lie at least look at d prices of gds nd services today nd tell me is nt crashin dwn....

It is rising.

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by GavelSlam: 8:13am On Sep 05, 2017*

continentalceo:
You can't fool anyone, no one gives a shit about figures five us bloody facts. We want it reflect on market prices , of both fx and commodities. Don't give us some trashy statistics while people are suffering.

Why accept statistics that announced the arrival of a recession but now snigger at the same source that announces the exit?

Two-faced much?

1 Like

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by cristianisraeli: 8:14am On Sep 05, 2017

believe this at your own risk

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by omojeesu(m): 8:15am On Sep 05, 2017

Good.

Though I am not an economist I know that MACROecomics that don't translate into positive MICROeconomics especially food on the table for the average citizens and prosperity for the small and medium scale industries, is just merely expanding government coffers, increasing profits of monopolistic industries and further widening the gap between the rich and the poor.

1 Like

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by oneeast: 8:15am On Sep 05, 2017

Now answer me, what are the physical indices that shows we are out of recession? Prices of essential commodities rose to the ceiling level, that was the beginning of recession in Nigeria. Now they are telling us that recession is over..the question is, has those prices come down? Has fuel/gas price come down to N87? Has people that lost their jobs been reinstated?

Has the FX returned to where this useless government met it in 2015. Until all these are reversed, you can't come out to say you are out of recession. If you dare me, then go to Oshodi or Ochanja and say this and see if you will not have a broke head and legs.

dvee2:
Nigeria is in recession u complain, Nigeria out of recession u also complain. What do u want? Obviously u are one of d Waillers,nothing this government does will ever please u except handing over power to the" ineffectual buffoon " your hero. Lol

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by shedy03(m): 8:15am On Sep 05, 2017

I don't believe this, Nigeria is still 100% in recession walai.

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by julietene(f): 8:16am On Sep 05, 2017

Adonblivit

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by shedy03(m): 8:16am On Sep 05, 2017

cristianisraeli:
believe this at your own risk

yes o

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by eflintsone(m): 8:16am On Sep 05, 2017

Heromaniaa:
It is rising.

up der in the north and down here in lagos that i stay its nt rising but crashing dwn lil by lil ...which state u staying??

1 Like 1 Share

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Nobody: 8:18am On Sep 05, 2017

Price of a bag of garri that was sold for #4 and went up to #11k under buhari has not gone down to #4k.A bag of rice that was sold for #9k before buhari came into office is still now #19k .so how did recession end?Is Aisha buhari not going to the market to buy foodstuff for bubu?

1 Like

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by omojeesu(m): 8:18am On Sep 05, 2017

oz4real83:
it is like a farming season. A farmer sees his crops growing and budding. The farmer is suffering because he cant harvest anything that period even though his farm is on the right track. That is exactly the situation of Nigeria at the moment. There will come a time for harvesting and all these tears and complaints will be history.

I say 'Amen'!

May our hopes not be dashed.

2 Likes 1 Share

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by oz4real83(m): 8:20am On Sep 05, 2017

omojeesu:
I say 'Amen'!

May our hopes not be dashed.

Amen ooooooooo!

2 Likes 1 Share

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Nobody: 8:22am On Sep 05, 2017

oz4real83:
Nice news. Once the economic variables stabilize,it will start reflecting in the lives of the people. Although it will take time but we are getting there.

Election campaign don start.

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Nobody: 8:24am On Sep 05, 2017

GavelSlam:
I am not qualified to train the handicapped.

All this BMC sef.

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by AWOisaCOWARD: 8:24am On Sep 05, 2017

GavelSlam:
I am not qualified to train the handicapped.

You are right, your APC has made so many people handicapped and can't help their situation either.

4 Likes

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Tonason: 8:27am On Sep 05, 2017

Continue to deceive yourself, the country that is entering more into depression. What was your Budget performance last and this year?

Re: BREAKING: Nigeria Officially Exits Recession, GDP Grew 0.55 In Q2 by Truth234(m): 8:27am On Sep 05, 2017

mynd44 this report can not be authenticated and was originally reported by Thisday as a preliminary report which had been embargoed by the NBS at the weekend.

http://www.thisdaylive.com/index.php/2017/09/05/finally-nigeria-exits-recession-reports-0-55-gdp-growth-in-q2/

NBS is yet to released second quarter report, http://nigerianstat.gov.ng/

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