Nigerian govt excited over GDP growth of 3.46% despite inflationary trends

A marginal growth in Nigeria’s Gross Domestic Product, GDP, which grew by 3.46%, compared to the 3.19% recorded in the second quarter of this year has sent a wave of excitement among federal government officials.

The growth index released by the National Bureau of Statistics, NBS is also making the President Bola Tinubu feel excited even though price inflation has continued on basic goods and services.

The development has prompted the President to reassure Nigerians of better economic output as the economy continues to expand.

Sunday Dare, Special Adviser to the President (Media and Public Communications) in a statement on Monday, attributed the latest figures to Tinubu’s quest for a more robust boost in the economy