Nigeria’s Coordinating Minister for the Economy and the Minister for Finance, Dr. Ngozi Okonjo-Iweala said at the Ministerial platform held in Abuja that Nigeria is doing well a far as growing the GDP is concern. Speaking at the event held to assess ministers’ mid-term reports, Dr. Okonjo-Iweala explained that Nigeria’s economy was strong, stable and growing at 6.75% GDP; a growth which international communities have recognized.

The Minister explained the importance of the Gross Domestic Product growth, saying the growth is an important ingredient needed to solve the problems of this economy. “GDP is nothing but the income of the country. Growing GDP matters. If the income does not grow, you will suffer more and more. Don’t listen to those who are saying that growing GDP does not matter”, she said.

“I want Nigerians to know that growing the GDP matters so much. We need to grow our GDP up to eight percent. It is time that Nigerians don’t get deceived that growing the GDP does not matter”, she re-echoed.

Furthermore, the minister said that the exchange rate for dollar has been stable at N155 and N160 for the past two years, while the external reserve, she said, had grown from $32.08 billion in May, 2011 to $48.4 billion in May, 2013. This, according to her, is a positive sign that the country is moving forward.