Dipo Olowookere
By Dipo Olowookere
Monday, August 27, 2018, has now been fixed as the new date for the release of Nigeria’s Gross Domestic Product (GDP) for the second quarter of 2018.
The figures were earlier slated for release on Monday, August 20, 2018, but it was postponed till next Monday.
Though no reason was given for the change of date, there are indications that the whole data has not been finally computed by the stats office.
The NBS, in response to an enquiry by Business Post, confirmed on Wednesday morning that the new date is August 27, 2018.
According to the stats office, in the first quarter of this year, the nation’s GDP recorded 1.95 percent year-on-year growth.
The Q1 2018 figure showed a stronger growth when compared with the first quarter of 2017 which recorded a growth of -0.91 percent, indicating an increase of 2.87 percent points.
