Yemi Kale explains what Okonjo Iweala means by Nigerian economy is “stable”

EXPLAINER: What It Means for Nigeria to Have Stable Economy Despite Hardship

When World Trade Organisation (WTO) director-general Ngozi Okonjo-Iweala said on Thursday that President Bola Tinubu deserved credit for stabilising Nigeria’s economy, her remarks stirred debate. Many Nigerians quickly asked: if the economy is stable, why are families still struggling to buy food, pay rent, and afford transport? EDITOR’S PICKS Does WAEC Management Need An Overhaul […] The post EXPLAINER: What It Means for Nigeria to Have Stable …

What Does 'The Economy Is Stable' Mean?

By Yemi Kale I try to stay away from unnecessary debates but let me offer my own view from a purely technical and economist perspective (for education purposes only) to recent debates that were really unnecessary.…The post What Does ‘The Economy Is Stable’ Mean? appeared first on The Liberation News Nigeria.

What Does 'The Economy is Stable' Mean? By Yemi Kale - Thepodiummedia

I try to stay away from unnecessary debates but let me offer my own view from a purely technical & economist perspective (for education purposes only) to recent debates that were really unnecessary. When economists say “an economy is now stable”, they usually mean that the economy has reached a point where it is no longer experiencing major fluctuations/ disruptions. In practical terms, it suggests Macroeconomic Indicators are Steady; Predictabi…

Yemi Kale explains what Okonjo Iweala means by Nigerian economy is “stable”

Former Statistician-General of the Federation and ex-CEO of the National Bureau of Statistics (NBS), Dr. Yemi Kale, has shed light on what economists mean when they describe Nigeria’s economy as “stable,” clarifying why such assessments may appear at odds with the lived reality of citizens still grappling with high costs and economic hardship.  The post Yemi Kale explains what Okonjo Iweala means by Nigerian economy is “stable” appeared first on…