Bola Tinubu has defended his administration’s economic reforms despite widespread hardship and hunger across Nigeria.
Speaking on the latest GDP report, Tinubu highlighted a 3.46% growth in Q3 2024, surpassing Q2’s 3.19%, as evidence of progress.
He described the reforms as essential for long-term prosperity, reiterating his vision of achieving a $1 trillion economy by 2030.
The statement reads, “I am excited by the latest report from the National Bureau of Statistics that our economy grew in the third quarter more than last quarter and even beyond projected estimates.
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“While I welcome this development, the latest figure also shows the much work that needs to be done. We won’t rest until Nigerians feel the positive impacts in their pockets and experience a better living standard. My administration remains committed to the welfare of our people.”
According to him, the top contributing sectors to GDP in Q3 2024 are Agriculture 28.65%, ICT 16.35%, Trade 14.78%, Manufacturing 8.21%, Crude Oil 5.57%, Finance & Insurance 5.51% and Real Estate 5.43%.
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