According
to a Bloomberg survey, the 1.95 per cent was less than the 2.6 per cent median
estimate. The output of crude, which accounts for only about 10 per cent of the
GDP, but generates the bulk of
government revenue, rose to two million barrels a day in the period, the most
since the first quarter of 2016.
Hmmm!!!
Folks, let us say the truth and shame the devil. Many Nigerian non-oil products
exporters have been defrauded of huge amount of money in the process of
exporting agricultural commodities and solid minerals to foreign countries. Do
you know why? They were not trained on export operations, management,
documentations and the best methods of payment in export trade. This is
terrible!!! Nigerians cannot continue to lose money to foreigners in the course
of export business. Exporters, would you like to keep on being scammed? Why
don’t you get a practical manual that explains the stages of export trade from
processing and packaging of commodities to receipt of payment by the foreign
buyers? It explains export operations, export management, export documentations
and methods of payment in export trade? Yes, it is a contemporary step-by-step
guide to export trade. It tells all the contemporary dynamics in export trade.
To get it, click on the link below:
The
GDP contracted in 2016 for the first time in a quarter century, as the price
and output of oil plunged.
Lawmakers
on May 17 approved a 2018 budget of N9.1tn ($25bn), the biggest yet, with money
being earmarked for investments in roads, rail, ports and power. Nigeria’s
government insists the economy of Africa’s biggest crude producer is on track
to expand by 3.5 per cent this year due to increased oil revenue, even as
growth missed expectations in the first quarter. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
“There was a slowdown on seasonal effects, but what strikes you is
that oil is big,” the
Special Economic Adviser to President Muhammadu Buhari, Adeyemi Dideolu, said on Wednesday in an interview in Abuja.
“It gives you the means by which you can actually ramp up growth
because you’re getting a bit more revenue; you’re getting a bit more forex,” he said.
The
government’s projection exceeds that of the International Monetary Fund, which
forecasts growth will accelerate to 2.1 per cent this year from 0.8 per cent in
2017. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
The
spending on capital projects will help spur growth, according to Dipeolu. “Once the budget is signed, there will be economic activity
just on the basis of implementation,” he said. (Punch)
Have you heard this? Many
Nigerian exporters have been defrauded of huge amount of money in the process
of exporting commodities to foreign countries. Do you know why? They were not
trained on export operations, management, documentations and the best methods
of payment in export trade. This is terrible!!! Nigerians cannot continue to
lose money to foreigners in the course of export business. Exporters, why don’t
you get a practical manual that teaches the stages of export trade from
processing and packaging of commodities to receipt of payment by the foreign
buyers. It teaches export operations, export management, export documentations
and methods of payment in export trade? It is a contemporary step-by-step guide
to export trade. It tells all the contemporary dynamics in export trade. To get
it, click on the link below:
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