Nigeria's Vision 20:2020 Is Not Possible - Analyst
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An Economy analyst says Nigeria's plan to be among the top 20 economies by the year 2020 is not possible going by the 2013 economic scorecard. A Review of Nigeria's Economy scorecard for 2013 showed that Nigeria ranked 37 out of 192 nations in the Global GDP Ranking with a GDP of $283 billion. "To make the top 20, Nigeria's GDP is expected to hit 900 billion dollars. Nigeria will have to overtake 17 countries in seven years, which, to me, is not possible and it's not going to happen," the Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane said on Wednesday while reviewing Nigeria's Macro Economy. For more stories, visit www.channelstv.com
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An Economy analyst says Nigeria’s plan to be among the top 20 economies by the year 2020 is not possible going by the 2013 economic scorecard.
A Review of Nigeria’s Economy scorecard for 2013 showed that Nigeria ranked 37 out of 192 nations in the Global GDP Ranking with a GDP of $283 billion.
“To make the top 20, Nigeria’s GDP is expected to hit 900 billion dollars. Nigeria will have to overtake 17 countries in seven years, which, to me, is not possible and it’s not going to happen,” the Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane said on Wednesday while reviewing Nigeria’s Macro Economy.
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