The NBS made this known in the Nigerian Gross Domestic Product Report Q4 2022 released in Abuja on Friday.
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Tinubu stated this on Tuesday during his townhall meeting with the Business Community and Organised Private Sector at Eko Hotel and Suites, Victoria Island, Lagos.
The Nigerian pension industry has transited from one with predominantly public sector participants running a defined benefit scheme to a mandatory defined contribution system for all government and private sector employees.
In a statement by the Commission’s Head of Media and Public Relations, Abdur-Rahman Balogun, Dabiri-Erewa said that increase in remittances by Nigerians abroad which has played a significant role in the country’s Gross Domestic Product (GDP), has a great impact on socio-economic growth of the country.
The contribution hit 17.92 per cent in the last quarter of 2020 and achieved same result in the first quarter of 2021.
Today, thanks to ecommerce and digital marketing in particular, even entrepreneurs in niche fields can build a global customer base. Whether they’re building an online fashion empire or selling handcrafted designer decor, an entrepreneur in Accra or Lagos can compete on a global scale with their counterparts in Paris or New York.
Consequently, the Buhari Media Organisation (BMO), Pro. Pat Utomi’s opinion that the present administration has done very little to diversify Nigeria’s economy is not a true reflection of the realities on ground.
This performance is according to a report released by the NBS on Nigerian Gross Domestic Product Report (Expenditure and Income Approach) for Q3, Q4 2021 in Abuja Wednesday.
Minister of Mines and Steel Development, Olamilekan Adegbite, made this known while briefing newsmen on the concession of delineated bitumen blocks Monday in Abuja.
The request was contained in a letter addressed to the Senate President, Ahmad Lawan, by Buhari dated April 5, 2022.
The former governor of Abia made the disclosure in an interview with journalists in Abuja on Tuesday.
Primary triggers are the country’s pathetic economic indices, including growing unemployment, cynical gross domestic product (GDP), inflation and the undiversified weak mono-commodity economy, lacking leadership and managerial oxygen.
Simon Harry, Statistician-General of the Federation, spoke at a media briefing on the nation’s GDP for 2021 and fourth quarter of 2020.
Lawan stated this on Tuesday while welcoming his colleagues back to plenary from the Christmas and New Year holidays.
Lawan said, while welcoming parliamentarians from the Christmas and New Year recess on Tuesday during plenary.
Likewise, Financial Derivatives Company Limited, a financial institution, in its recent Economic Report for 2022, expressed a firm belief that Dangote Refinery would boost the growth of the downstream sector of the economy and enhance petroleum products distribution across Africa.
He said it “is indicative of the recovery being recorded in our economy and the confidence that is being shown through the policies”
The event themed ‘Leveraging Exports for Business Growth: Strategy and Resources for Small Businesses will have key industry experts in banking, international trade and finance and business ethics as panelists. This is the fourth edition of the webinar.
More so, we are a huge player in AfCFTA to assist in making Nigerian entrepreneurs become Pan African multinationals. As Nigerians, we must tell our story; Nigeria is the largest economy in Africa and as at today, Africa provides the best investment opportunities globally, we should turn our concerns to opportunities. As the country increases its exports, it will improve foreign exchange earnings, widen employment base, further support industries and a more stable Gross Domestic Product (GDP)” he advised.
The Special Assistant on Media to the Executive Director/CEO, Joshua Olomu, made this known in a report on Saturday.