Nigeria's Golden Era Is 2013 - 2015 on GDP Per Capita
Quote from Ndubuisi Ekekwe on September 1, 2023, 7:50 PMI admire this man, people: "Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has said that the last time Nigeria's economy exhibited a noteworthy period of stability was approximately a decade ago, during the tenure of former President Goodluck Jonathan. During his inaugural press conference as the Finance Minister in Abuja on Friday, Mr. Edun highlighted that during 2013 and 2014, the foreign exchange (FX) rate remained consistent, as did interest rates, which contributed to economic growth."
Good People, do you know what happened during that time? Nigeria experienced its highest GDP per capita in its history shortly. Largely, that stability led to an amazing year 2015 when we hit the highest on per capita income, ever. Indeed, long-time investments happen when currencies and economic indicators are stable and predictable, because businesses focus on products and business growth over wasting time in bank halls for FX as we do now.
I admire this man, people: "Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has said that the last time Nigeria's economy exhibited a noteworthy period of stability was approximately a decade ago, during the tenure of former President Goodluck Jonathan. During his inaugural press conference as the Finance Minister in Abuja on Friday, Mr. Edun highlighted that during 2013 and 2014, the foreign exchange (FX) rate remained consistent, as did interest rates, which contributed to economic growth."
Good People, do you know what happened during that time? Nigeria experienced its highest GDP per capita in its history shortly. Largely, that stability led to an amazing year 2015 when we hit the highest on per capita income, ever. Indeed, long-time investments happen when currencies and economic indicators are stable and predictable, because businesses focus on products and business growth over wasting time in bank halls for FX as we do now.