{"id":26133,"date":"2017-09-06T13:27:17","date_gmt":"2017-09-06T13:27:17","guid":{"rendered":"http:\/\/fdcng.com\/?p=26133"},"modified":"2017-09-07T16:11:05","modified_gmt":"2017-09-07T16:11:05","slug":"fdc-economic-bulletin-september-05-2017-re-gdp-growth-up-to-0-55-too-soon-to-cheer","status":"publish","type":"post","link":"https:\/\/fdcng.com\/fdc-economic-bulletin-september-05-2017-re-gdp-growth-up-to-0-55-too-soon-to-cheer\/","title":{"rendered":"FDC ECONOMIC BULLETIN – SEPTEMBER 05, 2017 (Re: GDP growth up to 0.55% – Too soon to cheer)"},"content":{"rendered":"

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Download PDF<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear Subscriber,<\/p>\n

Nigeria finally turned the economic corner into positive growth of 0.55% after 5 consecutive quarters of negative growth and a deep recession<\/p>\n

The challenge is that the growth is anaemic and pale compared to the population growth of 2.7%. The good news is that growth was driven by solid performance in oil, energy, financial services and trade. Surprisingly, growth in the electricity, gas & air conditioning supply sector increased from -5.04% to 35.5% which was spectacular.<\/p>\n

However, this output expansion is not enough to provide for the 14,000 new babies born every day in Nigeria.<\/p>\n

Attached are 2 documents which are a PowerPoint presentation on Channels TV<\/strong> Business Morning Program by Bismarck Rewane and a detailed report on the analysis of the GDP figures by the FDC Think-Tank.<\/p>\n

Enjoy your read![\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear Subscriber, Nigeria finally turned the economic corner into positive growth of 0.55% after 5 consecutive quarters of negative growth…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[18,110],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26133"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=26133"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26133\/revisions"}],"predecessor-version":[{"id":26134,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26133\/revisions\/26134"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=26133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=26133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=26133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}