How major sectors - 80% of GDP - performed in Q3:

Agric: 1.39%
Telecomms & IT: 17.36%
Trade: -12.12%
Crude Oil&Gas: -13.89%
Real Estate: -13.4%
Food, Beverage etc. : 5.57%
Finance Inst. : 28.41%
Construction: 2.84%
Professional Services: -10.31%

Banks & Telecomms thriving!
Banks succeeding but the insurance industry in distress (-29.53%) . Trade continues the downward slide, with negative growth in 7 consecutive quarters. Despite the noise in agric, the sector hasn't grown above 2.5% in last 7 quarters. This kind of agric won't scale us.
Real state is in a bad shape and transport sector suffered the worst fate in 2020. Construction and cement seem to swing together. There's no good news in electricity sector. That's Nigeria's story.

This is the kind of report that leads to an emergency meeting. This is Nigeria.

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More from @seunonigbinde

21 Nov
On Lautech issue, we had two Governors and the Chancellor in same party, always laughing in parties in free flowing gowns. Yet, they watched students stay at home for two years. It is their legacy.

Thank you Governor Oyetola. Thank you Otunba Alao-Akala. Thank you Seyi Makinde.
Alao-Akala for the teaching hospital in Ogbomoso. The quality and speed is another issue but he wanted out for his people.

Governor Oyetola for common sense because why will Osun manage two Universities?

Governor Seyi Makinde for making effort and for keeping his promise.
That's why we should be weary of those make politics about saints and sinners; those who believe that if you belong to the Awolowo "stock", you are true Omoluabi.

Chief Awolowo won't have watched students stay at home for two years. May empathetic leadership rise in Nigeria.
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