BREAKING: Nigeria’s economy grew 3.4% in 2021 -- strongest since 2014 | TheCable

February 17, 2022 2:30 PMThis is according to the second-quarter GDP report released by the National Bureau of Statistics on Thursday.

“Nigeria Gross Domestic Product grew by 3.98% in real terms in the fourth quarter of 2021, showing a sustained positive growth for the fifth quarter since the recession witnessed in 2020 when output contracted by -6.10% and -3.62% in Q2 and Q3 of 2020 under the Covid pandemic,” the report reads “The fourth quarter growth indicates a steady economic recovery accounting for annual growth of 3.40% in 2021.“The Q4 2021 growth rate was higher than the 0.11% growth rate recorded in Q4 2020 by 3.87% points and lower than 4.03% recorded in Q3 2021 by 0.05% points. Nevertheless, quarter on quarter, real GDP grew at 9.63% in Q4 2021 compared to Q3 2021, reflecting a higher economic activity than the preceding quarter.

Source: Financial Digest (financialdigest.net)

Mubzz__ And practical indicators we can all see says other wise… I wonder have NBS can beat their chest and put out this false information for all to consume.

Please tell that to the Marines! Know where their HQ is? Go Google it.

Gladdening

Good, But with inadequate correspondence with human capital development look like hoax and phantom.

We're is the foundation that made it stronger

Media companies now peddling lies. Election is coming. Grew koh, fell ni

Which growth bikonuu,with food at the roof, unemployment still very high...no fuel...and Nepa at less than 10hrs...doubt the indices..except it's a different Nigeria we are talking about

Businesses are dying, people are sinking deeper into extreme poverty, prices of goods and services are all time high yet our economy is growing

lol

3.4% over previous year....lol

Which Nigeria pls? 🙄

When World Bank predicted 2.5%, we said it was too conservative. Vindicated!

NBS magic

Madt Rubbish

This news won't trended since the reverse is not the case.

And The currency lost its value by 130%. indeed a super growth, From top to bottom.

that must be on paper

It grew in Aso Rock

Awon hypemen isonu...salary n wages are same but everything don increase by 10 times...ogun kee una there

Lol

It grew in Aso Rock.

What a miracle? I am blind, now I can see.

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