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LequteMan
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Nigeria’s Gross Domestic Product (GDP) has been projected to hit N156.3 trillion by 2019 when the next general election would be in the front burner once again. This indicates that the GDP would have almost doubled from this year’s size, all things being equal. The rebased real GDP at N82 trillion for 2013 was estimated at N84.9 trillion for 2014.
This analytical projection by the researchers at FSDH Securities, one of Nigeria’s leading investment houses, was however predicated on certain developments both in the short and medium terms.
But it appears the projection is highly optimistic giving its forecast growth rate of 5.68 per cent as many negative developments in the economy had forced many analysts to a downward review of growth forecasts.
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source: Vanguard
This analytical projection by the researchers at FSDH Securities, one of Nigeria’s leading investment houses, was however predicated on certain developments both in the short and medium terms.
But it appears the projection is highly optimistic giving its forecast growth rate of 5.68 per cent as many negative developments in the economy had forced many analysts to a downward review of growth forecasts.
click here to read more
source: Vanguard
