₦airaland Forum

Nigeria Economy has been known as the continent’s number one largest economy since Economy rebased its gross domestic product (GDP) data in early 2014. However, the IMF World Economic Outlook (WEO) released in November 2018 provided more sobering GDP statistics for Nigeria. Not only did the multilateral organisation suggest that the Nigeria economy is growing by a mere 1.9% this year, but also that the country is now not even among the continent largest economy

“Nigeria’s rebasing exercise some four years ago revealed that the oil-dependent economy was almost twice as big as previously thought. The country’s National Bureau of Statistics (NBS) ensured greater measurement of the informal sector, the inclusion of 46 industries from a previous 33, as well as methodological changes to measuring service sector activity with the rebasing.”

Below the table show the rating of Africa Economy by growing and sizes

[1] Ghana >>>>>>>8.3%
[2] Ethiopia >>>>>>8.2%
[3] Cote d’Ivoire>>>7.2%
[4] Djibouti >>>>>> 7.0%
[5] Senegal >>>>>>6.9%
[6] Tanzania >>>>> 6.8%
[7] Sierra Leone>>>6.3%
[8] Burkina Faso>>>6.0%
[8] Benin Rep>>>>>6.0%
[9] Rwanda>>>>>>>5.9%
[10] Niger Rep>>>>>5.2%
——————
[41] NIGERIA>>>>>>1.9%,
Note: Nigeria was Number [1] in 2012, 2013, 2014 and 2015.
Also, Nigeria was the 3rd Fastest growing Economy in the World in 2014 now, the 88th.
SOURCES| World Bank, Brookings Institution, IMF.


http://www.observerstimes.com/featured/breakingnigeria-missing-among-top-10-fastest-growing-economies-in-africa-in-2018-world-bank-imf/

Yes ooo courtesy of "THE NEXT LEVEL MAN"

Those with leprous fingers will come here and type sai baba

Nigerians must be united and send this Jibirin abi na ebola to Daura where he truly belongs

No this can't be na. Where's Audu Ogbeh the farmer??

I thought they said GEJ killed the economy?


Buhari remains the most useless leader ever anywhere in the world - not just in Nigeria.

*spits

Gen Jibuhari made sure he fought the economy to a standstill with his negative utterances thinking he was fighting corruption.

PDP sent Nigeria to hospital, APC came in as a doctor and instructed that we he buried alive.

Next level of every kind of negativity one can ever think about.Too bad for Nigeria.

It's revenue and per capita income that drive GDP, but of course, Economic illiterates will rather blame Buhari

I wish to have the Buharideens come here and explain what happened.

Sirjamo:
It's revenue and per capita income that drive GDP, but of course, Economic illiterates will rather blame Buhari

Shut that thing you call mouth up. If Buhari is not to blame then who should it be?

IamJames:
Shut that thing you call mouth up. If Buhari is not to blame then who should it be?

I don't talk with lunatics

IamJames:
Shut that thing you call mouth up. If Buhari is not to blame then who should it be?

Blame me bro... I'm the cause of Nigeria economic woes since 2015 till now

Sirjamo:
I don't talk with lunatics

It takes a lunatic to know another one of course. Buharideen.

id911:
Blame me bro... I'm the cause of Nigeria economic woes since 2015 till now

The thing weak me ooo bro.

Sirjamo:
It's revenue and per capita income that drive GDP, but of course, Economic illiterates will rather blame Buhari

I think you are confused, how did we get it right in 2012, 2013, 2014 until buhari?

Sirjamo:
It's revenue and per capita income that drive GDP, but of course, Economic illiterates will rather blame Buhari

we will not blame Buhari. We will blame your father

PD18:
I think you are confused, how did we get it right in 2012, 2013, 2014 until buhari?

Simple, just check oil prices, I am sure you know our lives depend on it

Buhari na big big failure....

PresidentAtiku:
we will not blame Buhari. We will blame your father

It's like the main screw that held your brains together is loosed, what brought parents into this?