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Still on GDP data and realities facing Nigerians, by Adekunle Adekoya

Still on GDP data and realities facing Nigerians, by Adekunle Adekoya

By GhanaSummary NewsroomNigeria

Dele Alabi said that the country’s improving macroeconomic indicators will amount to little if they failed to translate into lower living costs, more jobs, higher incomes and better living standards for citizens.

OUR government, especially the one in office now, is fond of reeling out data, particularly data from multilateral institutions and global rating agencies to justify their performance in office.

It is pointless, and indeed, a road show meant for the World Bank/IMF and the global rating agencies to continue talking about rising GDP growth data and re-based GDP value at a time when the fundamentals staring Nigerians in the face indicate that things are really pointing south.

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