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Tag: GDP
Opinion: Dear Mr President, it’s the economy that really matters
Today, there is this issue that really bothered me and got me thinking so much I already had an article in my head, not necessarily to add to the thousands…
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Just in: Nigeria’s GDP is the lowest in 25 years
by Chi Ibe The Nigerian Bureau of Statistics (NBS) today issued Nigeria’s gross domestic product (GDP) Report, and it doesn't have good news. The countries GDP, sum total of economic…
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In one photo, an argument that Nigeria is not really a mono-economy
A popular opinion is that Nigeria's economy is a mono economy that is tied directly to the petroleum industry. While this maybe true in terms of revenue earned by the government, this…
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Nigeria’s GDP will increase to $2trn by 2030 only if…
The Minister of Information, Lai Mohammed, has revealed that Nigeria’s Gross Domestic Product (GDP) will increase to $2 trillion by 2030 from its present N514 billion, only if corruption in…
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PDP is worried about ‘the damage done in the last 90 days’
The Peoples Democratic Party (PDP) has criticised the first 90 days in office of President Muhammadu Buhari. PDP described as alarming, the 'damage' done to the nation’s economy by the Buhari-led…
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Simon Kolawole: Read Lee Kuan Yew’s open letter to Nigerian leaders
by Simon Kolawole We are no magicians. We are no angels. We are human beings like you, dear Nigerian leaders. The first thing we recognised is that quality leadership is…
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Femi Aribisala: Why Nigerians must reject the second coming of Buhari
by Femi Aribisala When Buhari seized power in 1983, Nigeria’s GDP was $444.45. When he was overthrown in 1985, Nigeria’s GDP had dropped dramatically to $344.14. That is not…
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Analysis: Yes, Nigeria is diversifying but what is the objective exactly?
by SBM Intelligence In presenting the 2015 Budget to the national assembly, the Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, noted that the 2015 Budget is…
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Finance Minister, Ngozi Okonjo-Iweala replies Soludo in a passionate rejoinder (READ)
SOLUDO’S SELF-SERVING ARTICLE ON ECONOMIC MANAGEMENT IS DEFICIT IN FACTS, LOGIC AND HONOUR This piece is in response to an earlier article authored by former Central Bank of Nigeria (CBN)…
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Our GDP growth slowed down over the third quarter
by Tunji Andrews The National Bureau of Statistics in a report has stated that the economy grew by 6.23% in the third quarter of 2014. The publication which provided data…
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Victor Ajayi: Growth-Inequality challenge in Nigeria (Y! PolicyHub)
by Victor Ajayi The recent announcement of the Nigeria’s GDP growth of 6.5 percent in the second quarter of 2014 by the Statistician-General of the federation, Dr Yemi Kale has…
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At 54, will Nigeria’s rebased GDP fulfil all expectations?
by Tunji AndrewsOn April the 6th, 2014, Nigeria, via it's Bureau of statistics released the results of it's GDP rebasing exercise, which saw it more than double in size, and…
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FEC lays down 2015-2017 medium term fiscal framework
by Tunji Andrews The Federal Executive Council (FEC) has approved the draft Medium Term Fiscal Framework (MTEF) for the 2015, 2016, and 2017 national budgets. This document attempts to…
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GDP on the up as Nigeria posts bullish Q2 figures
by Tunji Andrews Nigeria posted a 6.54% GDP growth for the second quarter of 2014, a 0.33 percentage point increase from the first quarter according to the National Bureau of…
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Real Estate Unite 2014 officially launches: Gov. Fashola to give keynote address at October event
by Jewel Stephen 3Invest Ltd on Wednesday 27th August held a media conference to officially launch Real Estate Unite 2014—the International Business-to-Business event that convenes players from across Africa’s real…
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Who woulda thunk it? Manufacturing is now biggest driver of Nigeria’s growth [DETAILS]
by Tunji Andrews An ironic twist in Nigeria’s economic story has presented itself with Renaissance Capital’s report that flags manufacturing as the major driver of economic growth in Nigeria. This…
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Sam Nda-Isaiah: Did Jonathan play any role in Nigeria’s new GDP?
by Sam Nda-Isaiah But if Jonathan wants to claim credit for the new GDP figure, we will be happy to listen to him as he tells us how he contributed…
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Cheta Nwanze: Sacking the entire police force won’t be such a bad idea
by Cheta Nwanze A few minutes ago, a bomb went off at the Municipal Bus Terminal in Nyanya, Abuja. There have been many casualties. May God rest the dead. Sometime…
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Soyombo Ayomikun: Nigerians want food, not a rebased GDP (Poetry)
by Soyombo Ayomikun Whatever GDP means. Nigerians' brains at the moment cannot comprehend. Please give us food. Before hunger deals the final blow 1. Our stomachs hurt Bleeding from…
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Cheta Nwanze: Yesterday I slept with NEPA… and she was good
by Cheta Nwanze I'd have made a comment about the toothless bulldog, but the last time I did, not a few, err, toothless bulldogs sent an awful lot of barks in…
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Simon Kolawole: Nigeria’s GDP rebasing – No, we haven’t arrived yet
by Simon Kolawole Good news. Nigeria now houses the largest economy in Africa. We achieved this by simple arithmetic we changed the base year of measuring our Gross Domestic Product…
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Gunmen kill 7 policemen, 1 civilian in Jigawa, NLC calls new $510 billion GDP a ‘time bomb’ & other important news you need to know today
by Oge Okonkwo Suspected gunmen kill 7 policemen and a civilian in Jigawa A police station was attacked by suspected gunmen in the early hours of Wednesday. A Sharia court…
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Opinion: Let’s talk about these new GDP numbers
by Ifeanyi Uddin Evidently, despite the new ginormous size of our economy, there is an equally humongous opportunity for improvement. We could glory in the many upsides of the new…
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Joe Igbokwe: The Rebasing fraud from the Nigerian Bureau of Statistics
by Joe Igbokwe Nigerian Leaders have been deceiving Nigerians for a longtime now but they cannot deceive the world. South Africa is far ahead of Nigeria, all things considered. Afraid of the…
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Waziri Adio: Rebased GDP and un-rebased realities
by Waziri Adio My purpose here is not to deny the progress being made or to diminish the importance of rebasing our GDP or to heap all the blames for…
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For the Record: Full text of Dr. Oby Ezekwesili’s speech at the APC National Summit in Abuja
THE UNCOMFORTABLE TRUTH OF ELUSIVE ECONOMIC DEVELOPMENT- NIGERIA’S CENTURY OLD FAILURES AND PROSPECTS FOR A NEW NIGERIA The unwillingness of any group of political elite to understand this emerging power…
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Simon Kolawole: Minting our way to the top
by Simon Kolawole Let me state clearly that I am not one of those who expect Nigeria to develop overnight. I’m a realist. I don’t expect to go to bed…
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Opinion: Nigeria and its phantom MINT projections
by Nasir Suwaid The basic fundamental problem though is the fact that valid projections should always be premised on certain tangible factors of realism, conceptualism and a glaring self belief…
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Opinion: Nigeria has both the good and bad sides
by Eric Teniola I do not see such in the present day Nigeria. Right now there is a war going on in the North-East, no one knows when the war…
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Simon Kolawole: Where exactly is Africa going?
by Simon Kolawole Senator Abdul Ningi recently raised the alarm that N500 billion was missing from the SURE-P funds. Was it mischief? Was it ignorance? With N834 billion having accrued…
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YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy