PRESIDENT OF THE SENATE COMMENDS RESILIENCE OF NIGERIAN WORKERS.(PHOTO).

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 PRESIDENT OF THE SENATE COMMENDS RESILIENCE OF NIGERIAN WORKERS President of the Senate Godswill Akpabio has congratulated Nigerian workers on International Labour Day 2026, praising their resilience, hard work, and patriotism despite economic challenges. In his May Day message, Akpabio described workers as the true heroes of Nigeria’s democracy and the engine of the economy. He said the 10th National Assembly remains committed to improving worker welfare through a living wage, safer workplaces, pension reforms, and job creation and pointed to the passage of the new National Minimum Wage Act and ongoing welfare packages as evidence of that commitment.  The Senate President also urged both public and private employers to prioritize worker welfare, stating that a motivated workforce is key to national productivity and prosperity pledging that the Senate will continue partnering with labour unions to ensure workers’ voices are heard in policymaking, vowing not to relent until ev...
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NIGERIA'S GDP INCREASESBBY 3.84% IN Q4 2024- NBS. (PHOTO).

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 Nigeria's GDP increases by 3.84% in Q4 2024 - NBS


The National Bureau of Statistics (NBS) has released the Gross Domestic Product (GDP) report for the fourth quarter of 2024, showing a 3.84% year-on-year growth in real terms.


This growth rate surpasses the 3.46% recorded in the same quarter of 2023 and the third quarter of 2024, with the service sector having a major influence growth of 5.37% and contributed 57.38% to the aggregate GDP.


This was disclosed via a post on the NBS X handle on Tuesday, February 25.


The post reads: "Nigeria’s Gross Domestic Product (GDP) grew by 3.84% (year-on-year) in real terms in the fourth quarter of 2024. This growth rate is higher than the 3.46% recorded in the fourth quarter of 2023 and the third quarter of 2024 growth rate (approximately 3.46%).


"The performance of the GDP in the fourth quarter of 2024 was driven mainly by the Services sector, which recorded a growth of 5.37% and contributed 57.38% to the aggregate GDP."

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