Nigeria’s GDP Rank Now 36th, Economy Growth Improved by 6.6% – Jonathan

President Jonathan on Thursday expressed pleasure when he said that the nation has improved in its Global Domestic Product (GDP) ranking, from the 44th position in 2010 to the 36th in 2012 and has shown great economic refurbishment since the enforcement of various reforms on the economy.
He further urged Nigerians abroad to bring their investments to the motherland in efforts to improve Nigeria’s FDI (Foreign Direct Investments). The Federal Government claims that the nation’s economy grew by 6.6% in the last year.
President Goodluck Jonathan, represented by his Vice, Namadi Sambo, said this at the opening ceremony of the 6th national Diaspora Day Conference which was organized by the Office of the Secretary to the Government of the Federation in Abuja.
Jonathan said that Nigeria’s fiscal deficit in the 2014 budget has been reduced to 1.81% of the GDP and also he said that the nation has significantly reduced its borrowing.
He also noted that the 6.6% economic growth was one of the fastest growth rates observed anywhere in the world.

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