Presidency of Goodluck Jonathan Presidency of Goodluck Jonathan Goodluck Jonathan, was inaugurated as the President of Nigeria on February 10, 2010, under special parliamentary procedures, succeeding Umaru Musa Yar'Adua who was unable to carry out Presidential duties, hence his assumption of the office. Jonathan, the People's Democratic Party nominee, was a former university professor and a Deputy Governor of Bayelsa State, an oil-rich state in the South-South geopolitical zone in Nigeria. His running mate, was Namadi Sambo, an erstwhile architect and former governor of Kaduna state, inaugurated as Vice President of Nigeria later on the 19th of May, 2010. The Jonathan Administration launched the
2014 Nigeria GDP rebasing 2014 Nigeria GDP rebasing In April 2014, the National Bureau of Statistics, Nigeria, under the government of Nigeria, announced changes to the way it calculated GDP, changing the calculation to more accurately reflect current prices and market structure, thus giving more weight to Nollywood and mobile phone services that had grown a lot recently. As a result, Nigeria's estimate of its GDP increased by 89%, moving it from Africa's second biggest economy (after South Africa) to the biggest economy. These changes were known as the 2014 Nigeria GDP rebasing or simply the rebasing. The base year for calculation (including information