A few days ago, outgoing President of the African Development Bank Group, Dr. Akinwumi Adesina claimed that Nigerians today are worse off than in 1960, basing his conclusion on figures that do not align with available data. According to Nairametrics, he claimed that Nigeria’s Gross Domestic Product (GDP) per capita in 1960 was $1847 and that it is $824 today. …

Nigeria’s Gross Domestic Product grew by 3.11 per cent in the first quarter of 2022 as the economy continues to show resilience in the face of weak global outlook. In its GDP report released on Monday, the National Bureau of Statistics stated that the figure shows the sixth consecutive quarter of positive growth. The first quarter 2022 growth rate represented …