• Nigeria to overtake South Africa soon – FG

    Nigeria to overtake South Africa soon – FG

    Apparently bracing up after Nigeria was displaced as the largest economy in the continent last week, the federal government has declared that the country would again overtake South Africa to retain its position very soon.

    Report of the Gross Domestic Product for the year 2015 published by the International Monetary Fund had indicated that the size of South Africa’s economy has risen $301bn, while Nigeria trails behind it with a GDP $296bn.

    This was ascribed to the appreciation of the rand, South […]

  • Nigeria will soon overtake South Africa as largest economy in Africa – FG

    Nigeria will soon overtake South Africa as largest economy in Africa – FG

    The Federal Government has stated that the country would soon bounce back as the largest economy in Africa.

    Nigeria has been holding the position until South Africa displaced her.

    Using the Gross Domestic Product at the end of 2015, published by the International Monetary Fund, the size of South Africa’s economy was $301bn, while Nigeria’s GDP was $296bn

    The Minister of Budget and National Planning, Senator Udo Udoma, while speaking shortly after receiving the report of the three-day pre-summit workshop from the Infrastructure […]