08-29-2018, 11:48 AM
Watching Sunrise this morning and the economic outlook looks so bleak.
1. Inflation jumps to 11.5 %
2. Unemployment has increased from 40% to 45%
3. Oil production has fallen to 1.7 Million bpd from 2 Million
4. 10 million Nigerians entered into severe poverty in 3 years hence 84 Million Nigerians are poor making Nigeria the poorest country in the world.
5. GDP fall from 2% to 1.5%
6. Out of school children has risen from 10 million to 13 million
7. Agriculture has shrunk to less than 1% due to herdsmen farmers clash.
8. 10 Million Nigerians lost their jobs in 3 years
9. Foreign direct investments drop to their lowest level in decades
If true, Nigeria is in real dire straits.
*Attah Essien*
1. Inflation jumps to 11.5 %
2. Unemployment has increased from 40% to 45%
3. Oil production has fallen to 1.7 Million bpd from 2 Million
4. 10 million Nigerians entered into severe poverty in 3 years hence 84 Million Nigerians are poor making Nigeria the poorest country in the world.
5. GDP fall from 2% to 1.5%
6. Out of school children has risen from 10 million to 13 million
7. Agriculture has shrunk to less than 1% due to herdsmen farmers clash.
8. 10 Million Nigerians lost their jobs in 3 years
9. Foreign direct investments drop to their lowest level in decades
If true, Nigeria is in real dire straits.
*Attah Essien*