Nigeria's GDP contracted last year by 3.10%
Quote from Ndubuisi Ekekwe on February 22, 2023, 7:55 PMNigeria's GDP contracted last year by 3.10%, according to the National Bureau of Statistics: "Nigeria’s annual Gross Domestic Product (GDP) growth rate in 2022 fell to 3.10 per cent from the 3.40 per cent reported in 2021, the National Bureau of Statistics said Wednesday. The NBS said the performance of agriculture and industry reduced in 2022 relative to 2021, while the performance of the services sector improved in 2022."
The number is even great considering the insecurity and confusion in the Q4 of 2022. Hope 2023 brings better numbers with a new leader and team.
Nigeria's GDP contracted last year by 3.10%, according to the National Bureau of Statistics: "Nigeria’s annual Gross Domestic Product (GDP) growth rate in 2022 fell to 3.10 per cent from the 3.40 per cent reported in 2021, the National Bureau of Statistics said Wednesday. The NBS said the performance of agriculture and industry reduced in 2022 relative to 2021, while the performance of the services sector improved in 2022."
The number is even great considering the insecurity and confusion in the Q4 of 2022. Hope 2023 brings better numbers with a new leader and team.