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Economic growth excites Jonathan

07 April 2014, 14:35Augustine Osayande

Abuja - President Goodluck Jonathan has expressed excitement after the country was ranked the biggest economy in the continent.

“On Sunday,our Gross Domestic Product was rebased to give an accurate picture of where we are as a nation. I am glad to report to you that Nigeria is officially the largest economy in Africa with a Gross Domestic Product of $510 billion which also places us as the 26th largest economy in the world," stated Jonathan.

"This feat is a collective achievement of all Nigerians particularly when you take into account the fact that our Per Capita Income had increased by over 60 percent from $1091 in 2009 to $1700 in 2013, prior to the rebasing,” Jonathan said.

The President added that he could not celebrate until all Nigerians could feel the positive impact of the growth.  

“While this calls for celebration, I personally cannot celebrate until all Nigerians can feel the positive impact of our growth. There are still too many of our citizens living in poverty.

" Three years ago, I was asked to define Transformation and I said "Transformation in my view simply means taking what you have and making the best of it and in so doing produce results that can bring about a paradigm shift,” he said.
He said the positive paradigm shift, as occurred in an economic report released on Sunday, was still work in progress.

“Regardless of our present challenges, our place as a nation at the table of greatness is assured.”

-     CAJ News

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