The Gross Domestic Product (GDP) report released Monday by the National Bureau of Statistics (NBS) showed that Nigeria’s economic growth rate in 2019 out-performed the 2.1% projected by the International Monetary Fund (IMF).
Analysis showed that quarter on quarter, real GDP growth was 5.59%.
The economy grew by 2.55% in the fourth quarter of 2019. Compared to the fourth quarter of 2018 which recorded a growth rate of 2.38%, the growth represented an increase of 0.17% points and an increase of 0.27% points when compared with the third quarter of 2019.

Daily Trustobserves that the strong fourth quarter 2019 growth rate also represented the highest quarterly growth performance since the 2016 recession.
In Q4 2019, aggregate GDP stood at N39.58 trillion in nominal terms, up from the the fourth quarter of 2018 which recorded an aggregate of N35.23 trillion, representing year on year nominal growth rate of 12.34%. This rate was –0.31% points lower relative to the rate recorded in the fourth quarter of 2018 and –0.96% points lower than the rate recorded in the preceding quarter.
The report showed that during the same period, average daily oil production of 2.00 million barrels per day (mbpd) was recorded, indicating a rise of 0.09mbpd over the daily average production of 1.91 mbpd recorded in the same quarter of 2018.
However, it was –0.04mbpd lower than the production volume of 2.04mbpd recorded in the third quarter of 2019.https://www.dailytrust.com.ng/nigerias-economy-records-2-27-growth-in-2019.html?
Mynd44 oam4j lalasticlala

Good development Buhari is working but wailers are still wailing!

Audio growth record

ManirBK:
The Gross Domestic Product (GDP) report released Monday by the National Bureau of Statistics (NBS) showed that Nigeria’s economic growth rate in 2019 out-performed the 2.1% projected by the International Monetary Fund (IMF).
Analysis showed that quarter on quarter, real GDP growth was 5.59%.
The economy grew by 2.55% in the fourth quarter of 2019. Compared to the fourth quarter of 2018 which recorded a growth rate of 2.38%, the growth represented an increase of 0.17% points and an increase of 0.27% points when compared with the third quarter of 2019.

Daily Trustobserves that the strong fourth quarter 2019 growth rate also represented the highest quarterly growth performance since the 2016 recession.
In Q4 2019, aggregate GDP stood at N39.58 trillion in nominal terms, up from the the fourth quarter of 2018 which recorded an aggregate of N35.23 trillion, representing year on year nominal growth rate of 12.34%. This rate was –0.31% points lower relative to the rate recorded in the fourth quarter of 2018 and –0.96% points lower than the rate recorded in the preceding quarter.
The report showed that during the same period, average daily oil production of 2.00 million barrels per day (mbpd) was recorded, indicating a rise of 0.09mbpd over the daily average production of 1.91 mbpd recorded in the same quarter of 2018.
However, it was –0.04mbpd lower than the production volume of 2.04mbpd recorded in the third quarter of 2019.https://www.dailytrust.com.ng/nigerias-economy-records-2-27-growth-in-2019.html?
Mynd44 oam4j lalasticlala

na for news we dey read am.

[color=#990000][/color ;Dwhat about the inflation suffering &smiling