President Bola Ahmed Tinubu’s administration is targeting a 17 per cent year-on-year growth in real output, thereby pursuing an increase in real Gross Domestic Product (GDP) to N23.2 trillion by implementing a new Bill mandating 30 per cent value addition to raw materials before export.  One of the premises of this target is that, according to the Nigerian National Bureau of Statistics (NBS), Nigeria’s real GDP in 2024 averaged N19.83 trillion, when Quarter-on-Quarter performance stood at N18.28 trillion, N18.29 trillion, N20.12 trillion, and N22.61 trillion for Q1 to Q4 of the preceding year. [...]