On the third part of our argument on how to achieve the double digit GDP growth rate yesterday, we noted that while naira amounts in the system come in the final analysis from CBN, the manner in which any naira sums enter the system makes the difference between national prosperity
If electricity supplied to industries increases to 40,000Gwh within the next seven years, the manufacturing sector’s contribution to the Gross Domestic Product (GDP) is projected to rise to N49.6 trillion with at least 46.59 million jobs created.
Nigeria's gross domestic product (GDP) grew by 2.28% in the third quarter of 2019, National Bureau of Statistics revealed in its latest report. The growth rate in Q3 of 2019 represents the second-highest quarterly rate recorded since 2016. The growth in the third quarter is 0.16 percentage points higher than the 2.12% revised GDP growth…