Just in: Tinubu's govt carpets Adesina over GDP per capita assessment

1 month ago 15
  • The Nigerian authorities has criticised the outgoing AfDB President Akinwumi Adesina for claiming Nigerians are worse disconnected contiguous than they were successful 1960
  • President Bola Tinubu’s peculiar advisor connected information, Bayo Onanuga, dismissed Adesina’s statements and claimed his economical information was inaccurate and incomplete
  • Onanuga provided elaborate GDP figures dating backmost to 1960 and likened Adesina's disapproval to the Labour Party's Peter Obi's style

Legit.ng writer Esther Odili has implicit 2 years of acquisition covering governmental parties and movements

State House, Abuja - President Bola Ahmed Tinubu-led authorities has faulted the caller assertion by Akinwumi Adesina, the outgoing president of the African Development Bank (AfDB), connected Nigeria’s GDP per capita.

Presidency replies to Adesina implicit GDP per capita claims

Presidency spits occurrence  arsenic  Adesina assertion  Nigerians amended  disconnected  successful  1960FG criticises AFDB's president Akinwunmi Adesina implicit claims Nigerians are amended disconnected successful 1960 than today. Photo credit: SIA KAMBOU/AFP via Getty Images
Source: Getty Images

In a caller report, Adesina was quoted arsenic saying that Nigerians contiguous are economically worse disconnected than they were successful 1960 erstwhile the state gained independence.

Reacting, the Special Adviser to the President connected Information and Strategy, Bayo Onanuga, successful a statement released connected Monday, May 5 via his societal media leafage X, tackled Adesina and noted that the figures helium quoted are not correct.

The statesmanlike adjutant said helium sounded similar Peter Obi, the statesmanlike campaigner of the Labour Party successful the 2023 elections.

Onanuga claimed Adesina sounded similar Peter Obi

 Presidency reacts to Adesina's claims, drags Peter ObiPresidency reacts to Adesina's claims connected GDP per capita, drags Peter Obi. Photo credit: Mr. Peter Obi, Asiwaju Bola Ahmed Tinubu, SIA KAMBOU/AFP via Getty Images
Source: Getty Images

Although the statesmanlike adjutant said his effect is not aimed astatine poking holes successful Adesina’s figures, helium aimed a excavation astatine him, saying the African banking president “Spoke similar a politician, successful the mould of Peter Obi and did not bash owed diligence earlier making his unverifiable statement.”

Buttressing his point, Onanuga insisted that Adesina's conclusions were based connected inaccurate figures and an incomplete knowing of Nigeria’s economical progress.

Onanuga added that important advancement has been made successful assorted sectors since 1960.

Dismissing Adesina’s claim, Onanuga said Nigeria’s GDP was $4.2 cardinal successful 1960, and per capita income for a colonisation of 44.9 cardinal was $93 — ninety-three, not adjacent 1 100 dollars.

He said:

“Our country’s GDP did not emergence remarkably until the 1970s, erstwhile crude net ballooned. In 1970, our GDP roseate to $12.55 billion. In 1975, it was $27.7 billion, $64.2 cardinal successful 1980, and $164 cardinal successful 1981. Up until 1980, per capita income did not transcend $880. It roseate to $2187 successful 1981 and dropped to $1844 successful 1982. In 2014, aft rebasing, it reached an all-time precocious of $3,200. These facts rise questions astir the root of Dr Adesina’s figures.”

Read Bayo Onanuga's afloat connection below:

Read much astir Peter Obi, Tinubu's FG here:

Why Nigeria has much mediocre radical than China

Meanwhile, Legit.ng reported that Peter Obi has highlighted the factors liable for Nigeria’s economical diminution and worsening poverty.

He said decades of failed governmental enactment person made Nigeria autumn down countries similar China, Indonesia, and Vietnam combined, contempt having higher GDP per capita than these nations.

Peter, who Obi spoke during a lecture helium delivered astatine Johns Hopkins University, stressed that competent and compassionate enactment is indispensable for a nation's progress.

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Source: Legit.ng

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