Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,451 members, 7,816,048 topics. Date: Friday, 03 May 2024 at 12:56 AM

Nigeria’s Economy Slipping - World Bank - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria’s Economy Slipping - World Bank (15468 Views)

Nigeria From Slipping Into Recession, Junaid Mohammed Raises Alarm / Nigeria Economy Rated Best In Africa By Forbes-see Link / Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Nigeria’s Economy Slipping - World Bank by dachiwater: 4:25am On Apr 09, 2019
The World Bank who released the taxonomy of growth performance in sub-Saharan Africa in its latest report on the regional economy titled, ‘Africa’s Pulse’, disclosed that Nigeria's economy slipping. According to the World Bank, Nigeria's economy has been slipping since 1995 and this continued till 2018.

The apex bank who disclosed that its analysis involved a series of macroeconomic variables for 44 sub-Saharan African countries from 1995 to 2018, added that the taxonomy is used to help identify the factors that are correlated with success or failure in economic growth performance in sub-Saharan Africa, with emphasis on macroeconomic and financial variables.

The World Bank said, “The bottom tercile consists of 19 countries: Angola, Burundi, Botswana, the Republic of Congo, the Comoros , Gabon, Equatorial Guinea, Liberia, Lesotho, Mauritania, Malawi, Namibia, Nigeria, Sierra Leone, Eswatini, Chad, South Africa, Zambia, and Zimbabwe.  These countries did not show any progress in their economic performance from 1995–2008 to 2015–18. For instance, their median economic growth rate decelerated, from 5.4 per cent per year in 1995–2008 to 1.2 per cent per year in 2015–18.”

Burkina Faso, Côte d’Ivoire, Ethiopia, Ghana, Guinea, Guinea-Bissau, Kenya, Mali, Rwanda, Senegal, and Tanzania made the top tercile.

The middle tercile countries are Benin, the Central African Republic, Cameroon, the Democratic Republic of Congo, Cabo Verde, The Gambia, Madagascar, Mozambique, Mauritius, Niger, Sudan, São Tomé and Príncipe, Togo, and Uganda.


https://unclesuru.com/2019/04/09/nigerias-economy-slipping-says-world-bank/

7 Likes

Re: Nigeria’s Economy Slipping - World Bank by Bizznezz: 4:54am On Apr 09, 2019
the world economy is slipping as well

23 Likes 1 Share

Re: Nigeria’s Economy Slipping - World Bank by scribble: 5:26am On Apr 09, 2019
shoemaker in aso rock

79 Likes 3 Shares

Re: Nigeria’s Economy Slipping - World Bank by iornenge81(m): 5:31am On Apr 09, 2019
Are we advised to wage the economy?

6 Likes

Re: Nigeria’s Economy Slipping - World Bank by Nobody: 5:35am On Apr 09, 2019
you all should enjoy your next level grin grin grin grin

42 Likes 2 Shares

Re: Nigeria’s Economy Slipping - World Bank by dokyOloye: 5:36am On Apr 09, 2019
World bank is IPOB yewts

37 Likes 2 Shares

Re: Nigeria’s Economy Slipping - World Bank by Nobody: 6:59am On Apr 09, 2019
Another strategy to push our leaders to their evil loans. KO le werk. UK likely need loan after brexit than us. Infact world economy is totally crumbling. When I tell people that most of these people makes a lot of money off mumu African leaders by pushing them to unending debts that our future generation will never pay finish, turning many of unborn children into economic slaveries, they will not believe. People will be wondering why African development is being dragged. It always start like these comments. See them naming many African countries.

17 Likes 1 Share

Re: Nigeria’s Economy Slipping - World Bank by amidel(m): 6:59am On Apr 09, 2019
Bubu into the next level grin grin



2015-2018

13 Likes 2 Shares

Re: Nigeria’s Economy Slipping - World Bank by deedy111: 7:02am On Apr 09, 2019
IS IT IMPOSSIBLE FOR NIGERIANS TO ASK FOR RECOLONIZATION? I THINK THAT WOULD BE THE BEST THING TO HAPPEN TO NIGERIA

6 Likes 2 Shares

Re: Nigeria’s Economy Slipping - World Bank by aolawale025: 7:05am On Apr 09, 2019
Not only the economy. Nigeria itself is going down.......

11 Likes 1 Share

Re: Nigeria’s Economy Slipping - World Bank by Nbote(m): 8:09am On Apr 09, 2019
According to Osibande we are slipping into d top 100 economies of d world

57 Likes 5 Shares

Re: Nigeria’s Economy Slipping - World Bank by SarkinYarki: 8:13am On Apr 09, 2019
Buhari can never improve any economy!!!!! Give him the Swedish economy today and he would have destroyed it in 6 months

42 Likes 2 Shares

Re: Nigeria’s Economy Slipping - World Bank by OhiOfIhima: 8:56am On Apr 09, 2019
The Nigeria government shy away from other resources that could have economically grow the Nation. All attention is on crude oil. Billions of Dollar can use to search for oil deposit in extreme North but can not approved the bills to revive the Ajaokuta Steels and Mines Company.

14 Likes 3 Shares

Re: Nigeria’s Economy Slipping - World Bank by ShitHead(m): 8:57am On Apr 09, 2019
The government is sleeping; the economy should be slipping.

9 Likes 2 Shares

Re: Nigeria’s Economy Slipping - World Bank by ADAMUdaCOWBOY: 8:57am On Apr 09, 2019
Re: Nigeria’s Economy Slipping - World Bank by Factfinder1(m): 8:57am On Apr 09, 2019
The lying fake pastor will claim otherwise

17 Likes 1 Share

Re: Nigeria’s Economy Slipping - World Bank by TheAngry1: 8:57am On Apr 09, 2019
Visit Lagos!!!

2 Likes 2 Shares

Re: Nigeria’s Economy Slipping - World Bank by sojayy(m): 8:57am On Apr 09, 2019
God dey !

2 Likes

Re: Nigeria’s Economy Slipping - World Bank by chinavs9ja(m): 8:57am On Apr 09, 2019
It is well!

Get your website today at a cheaper price...check my signature
Re: Nigeria’s Economy Slipping - World Bank by nephemmy(m): 8:57am On Apr 09, 2019
NAIJA=BADNEWS

2 Likes

Re: Nigeria’s Economy Slipping - World Bank by Austineva(m): 8:58am On Apr 09, 2019
Nigeria never see anything yet. Okwa next level ni. Una never see anything

8 Likes 1 Share

Re: Nigeria’s Economy Slipping - World Bank by balonaija(f): 8:58am On Apr 09, 2019
but how?
Re: Nigeria’s Economy Slipping - World Bank by Truthbites: 8:58am On Apr 09, 2019
Buhari isn't learned nau.u can't give what you don't have

6 Likes

Re: Nigeria’s Economy Slipping - World Bank by TooMuchStuff: 8:58am On Apr 09, 2019
The Commander in chief of 'Destroy Everything' that is good about Nigeria would like and cherish news like this...!

Buhari we hail your royal highness

5 Likes

Re: Nigeria’s Economy Slipping - World Bank by marcellus2019: 8:59am On Apr 09, 2019
The fact still remains that Nigeria is getting better..

4 Likes 1 Share

Re: Nigeria’s Economy Slipping - World Bank by lilfreezy: 8:59am On Apr 09, 2019
I'm a little pissed grin

7 Likes

Re: Nigeria’s Economy Slipping - World Bank by christofashion1(m): 8:59am On Apr 09, 2019
You just grabbed abi, economy that slipped immediately Buhari entered.... You are here saying slipping, abi world Bank people are not current ni?

4 Likes

Re: Nigeria’s Economy Slipping - World Bank by flakky345: 8:59am On Apr 09, 2019
OPERATION YOU MUST NOT BE SINGLE BY THIS EASTER. LET'S HELP YOU TO CONNECT WITH YOUR TRUE LOVE NOW!

Love is something different. Love is sweet, infact, true Love is the sweetest thing ever and even God almighty himself is Love!

Two Things You Don't Fight For; True Love and A True Friend
Love and Friendship are the touchstones of our lives, they define who we are and so when you truly love someone, to hell with butterfly in the tummy, you feel the whole zoo when you are with that person!

Until you meet someone you are scared to cheat on, you have no idea what being "IN LOVE" means!

YOU READY TO MAKE THIS APRIL MONTH OF TRUE LOVE?

Ready to meet that special one that makes you feel the ‘whole zoo’ in your tummy?

Just sign up o the website you with you details, message the Admin on Telegram or whatsapp and once your details are verified, connecting starts immediately

NOTE THIS: If you are not ready for serious relationship, if you are looking for 2nd wife, if you are looking for sugar mummy, sugar daddy or sugar baby, if you are a married man or woman looking for 'sarawagba' (we have chased out and embarrassed over 30 married men from the platform so far) and if you are not ready to register to verify your details. PLEASE DONT BOTHER JOINING BECAUSE WE DONT WANT OR ACCEPT ANYONE OR ANYTHING THAT WOULD PHYSICALLY OR EMOTIONALLY AFFECT THE WELL BEING OF OUR DEAR MEMBERS!

ALSO NOTE that the couple that met and got married on our platform last year are waxing strong in their marriage and so, we want so many marriages and serious relationship consummated this very year!

Signup, registration and membership absolutely free

WHAT ARE YOU WAITING FOR? START YOUR TRUE LOVE CONNECTION NOW. DETAILS ON BANNERS!

2 Likes

Re: Nigeria’s Economy Slipping - World Bank by Amuocha: 9:00am On Apr 09, 2019
Sai APC

3 Likes

Re: Nigeria’s Economy Slipping - World Bank by Kendumazy(m): 9:00am On Apr 09, 2019
IMF said the economy is doing fine the other time, World bank is saying otherwise now. Make una no confuse person abeg.

USA Used Samsung s6 edge plus available for sale. Check link https://www.nairaland.com/5116583/clean-usa-used-samsung-s6

3 Likes 1 Share

Re: Nigeria’s Economy Slipping - World Bank by christofashion1(m): 9:00am On Apr 09, 2019
[quote author=marcellus2019 post=77387521]The fact still remains that Nigeria is getting better..[/quotedear Buharist I share your faith... It will get better

1 Like

(1) (2) (3) (Reply)

Tinubu Hunts For Talents, Says Akeredolu / 2023: North Has More 4 Years - North-East Lawmakers / NLC And TUC REPLIES President Goodluck Jonathan

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 27
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.