
How Nigeria’s GDP Grew By 3.98% In 2021 Q4 – NBS
The National Bureau of Statistics (NBS) on Thursday revealed that Nigeria’s GDP grew by 3.98% in Q4 2021, sustaining a positive trajectory over the period.
A report by the NBS which was obtained by Africa Daily News, New York on Thursday read; ‘Nigeria Gross Domestic Product (GDP) grew by 3.98%(year-on-year) in real terms in the fourth quarter of 2021, showing a sustained positive growth for the fifth quarter since the recession witnessed in 2020 when output contracted by -6.10% and -3.62% in Q2 and Q3 of 2020 under the COVID pandemic. The fourth-quarter growth indicates a steady economic recovery accounting …