CNN Money, a business analysis programme, on Friday listed Nigeria as one of the fastest growing economies for 2015.
According to the report, in 2014, Nigeria’s Economy grew by 7.1 per cent.
It said that in 2015 the economy was expected to grow by another 7 per cent.
“By our estimate, the fastest growing economies in 2015 will be China, Qatar and Nigeria.
“Nigerian economy, growing by 7.0% came after China 7.3%, and Qatar 7.1%,” it said.
Meanwhile, PDP has described the development as an affirmation of global confidence in the economy.
In a statement, the PDP National Publicity Secretary, Mr Olisa Metuh, said it was a verdict of a disinterested party and a referendum on the prudent management of the Nigerian economy by the Goodluck Jonathan-led administration.
It said the assessment, coming from a world leading media institution, was a confirmation of an earlier evaluation by other international institutions that predicted a thriving performance and bright future for Nigeria`s economy.
The statement added that the verdict was another sign that Nigeria was safe and well-led under the PDP.
“The grading by the CNNMoney is another witness to the reality of positive changes brought to all sectors of the national life and whose cumulative impact formed a consistent growth driver for the economy.
“Here again is the reality of the global confidence in the vivacity of Nigeria as Africa’s largest economy,’’ it said.
It, however, said that those in opposition found it convenient for the expediency of politics to deny what “is as clear as daylight’’ and what they ought to applaud.
According to the statement, the CNN verdict is a reminder once more that constructive criticism is the mettle of credible opposition.
It said tremendous progress that Nigeria made in the socio-political and economic sphere under the PDP had continued to receive commendation and popular acclaim locally and internationally.
The statement urged all Nigerians to keep hope alive as things could only get better.
It added that the success did not come by accident, but through deliberate application of policies as articulated in PDP manifesto.
This, it added, also resulted in the creation of investment-friendly environment that had enabled enterprises to thrive in the country.
It said private businesses, such as MTN, Dangote, Intel Services, Oando, Innoson and a host of others in aviation, oil and gas, retailing, hospitality, banking and other sub-sectors of the economy had excelled.
This, it further said, was in addition to the phenomenal influx of internationally reputable firms such as CCECC, Kia, Nissan, Shoprite and others in railways, oil and gas, automobile and communication.
The statement added that the stock market and construction, among others, had also helped to boost the country`s economy.
It stressed that safeguarding this positive turn against reversal belonged exclusively to the province of the people of Nigeria.
The statement said Jonathan had demonstrated ability to move the country to where it belonged and appealed to Nigerians to continue to support the president and PDP, especially, in the forthcoming general elections. Click to signup for FREE news updates, latest information and hottest gists everyday
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But when CNN aired the Boko Haram and Nigeria military, you were throwing tantrums. Our economy is down. Plain and simple.
ReplyDeleteI really hv not seen anything new in all u jave said. Nigerian economy has been said to hv been growing even b4 Jonathan came to power and all companies mention are already existing. So u cant claim that this administration is the architect of their existence or progress.
ReplyDeleteDoes CNN know we are the most corrupt nation in the world? Do they know the jobless rate is over 60% and higher for University graduate?. Okongi-Iweala is instrumental to this publication and she is a key member of Jonathan's re-election. Don't believe any word of this nonsense. Nigeria is dying under Jonathan.
ReplyDeleteMehn!!! You guys really hate this Jonathan! Geez! Nothing, absolutely nothing he does is good to you guys! I can't believe this!
ReplyDeleteDon't mind them, the people sponsoring this are the many people who were deprived of the usual means of siphoning our money thru our oil industry, Agricultural products distribution, etc.
DeleteIf you are not sure don't t write is not by force, how can you say we are the highest corrupt country in the world do u read @tall or just sit and say anything that come out of your mind! Our economy is growing fast and is because we have educated man leading us! Please guyz before you write something read book or watch news and know what is really happening in nigeria and the world as large before you write just because you heard goodluck is bad u just say he is bad without having a reason because you are blind, goodluck is not perfect but he has done what no president have done since democracy! When someone tries appreciate him or her.... our economy have improved because we have good leader I know he have his problem but is some of our leaders that spoil things for us. be wise and read and be exposed in this about life!!! Vote wise before you will take us bad now is best in africa and better than most countries!! Goodluck found a good way to make money other than oil, our oil won't be feeding us forever we needed to make new plans and that what goodluck did!!! Be wise after goodluck we pray God send someone with good sense, fighting corruption is not by killing them but by giving them reason to live and change and know their is another to do better not by doing bad things, !! Be wise people here is my mail makatykc@yahoo.com if u disagree you can write and I will educate you more!! Thanks
ReplyDeleteI love what you said. May God bless you.
DeleteGEJ is not perfect, but he has done so much for this country, but everything he does is turned, twisted and painted bad by paid fifth columnist.