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Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by OmoTier1(m): 12:15pm On Oct 20, 2012 |
sconsults: Life[size=18pt]Life is good. Made 2billion naira on a 1 million naira investment within 11 months ,thats why i love this country[/size]What Ds like you do not know is that those in money do not talk much, why? their money speaks... so go back to your plate of garri with kano groundnut 1 Like |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by omoeso(m): 12:23pm On Oct 20, 2012 |
@ poster, I believe you getting it wrong here. We all need to look at the whole issue from a different angle. You are being carried away because of your childish way or reasoning. 1. We've always had and will ever have exotic cars till thy kingdom come. 20-30yrs ago, we've always had expensive cars and ppl have been acquiring dem time immemorial. The range rovers, shagari type benz, Royce, Bently, citroen, aston martins, etc. Some people actually bought those rides the (Subomi balogun, ojukwu, Dantatas, business and entertainment moguls etc) ask dem how much they got to rides den in reference to cost of living then and you'll know its not something new. Its basically dat its ur time now and you believe the economy is growing cause ppl are buying something more recent now. 2. Also, you don't have to be an Economist to know that the population of the country has grown overtime thus leading to more people acquiring such luxury cars. Example, if in the 80s we have a ppltion of 80M nigerians, and the number of luxury cars den was around 500k, now dat we have over 160M ppl, definitely we should have luxury cars owners climbing up to a million or even more (ceteris paribus) so mr poster, telling me because ppl are buying xpensive cars now means Nigerian economy is booming is just a fallacy. I can bet you in the next 20 yrs, a kid like you will surely come up with the same ideology. FACT! |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 1:09pm On Oct 20, 2012 |
omoeso: @ poster, I believe you getting it wrong here. We all need to look at the whole issue from a different angle. You are being carried away because of your childish way or reasoning. My friend will you zip your economic illiterate lips. You think I'm your mate? I'm probably old enough to be your father, so chill right there. When we talk of increased household spending and increased consumer spending, THAT is AFTER population increase is factored in as even student economists will tell you. I bet you've not clicked on a single link detailing the rate of economic growth, GDP per capita etc, since all that means tasking your dull brain. All these emergency economists need to really keep quiet and learn, instead of polluting this thread with their layman babbling. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 1:19pm On Oct 20, 2012 |
ImpactWorld: Why are nigerians so negative? Why do we bring politics into every issue? Is it lack of deep knowledge or just deep hatred for the govt? My brother, when I was a student in uni back in the 80s and early 90s, for a student to own a car - any car, even Volks - was a VERY BIG DEAL. In fact that was a one way ticket to getting any babe you wanted on campus, and becoming a big boy on campus overnight. You were so big that even LECTURERS would hitch a ride from you and curry your favour - so poor and underpaid were they. Today it's a different story. Cars are like bicycles on campus these days. Even Year 1 boys and girls are pulling 4x4's and luxury rides. Lecturers are now well paid and can pretty much drive any car they like. Even 'runs girls', back in those days, when a sugar daddy lands campus to take them away, they'd take them to hang out for the night and return the babes the next day after giving them a few naira to buy cosmetics and dresses. Today, tori don change. The babes are returning to campus with Jeeps and holiday trips to Dubai. I mean, ANYONE who cannot see that the Nigerian economy has VASTLY improved from years back is either blind, very young, or just plain dumb. Those of us who know what it used to be like know better. Of course no one says we are there yet, but we have made some commendable strides. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by NinoDeDios: 1:37pm On Oct 20, 2012 |
lacasa: Which Economy? Pls help me explain to this genius OP that the incredible wealth of a few does not translate to an economic boom |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 1:40pm On Oct 20, 2012 |
^^^ Always ''a few''. Even when Shoprite wanted to establish in Nigeria, GOATS like you told them not to try it because ''only a few'' could afford to patronise them. Shoprite ignored your expert advice and the result: 700 more retail outlets in the pipeline for Nigeria owing to their resounding success so far. It turned out that it was a lot more than just ''a few'' Nigerians who could afford their wares. See the problem with folks like you is that you think ONLY YOU is eating in your house and every other Nigerian is starving. Keep on deceiving yourself, while the country powers on. ^^^^ Luxury Brands Target Nigeria As Boom Economy Creates New Class of Elite http://www.huffingtonpost.com/2012/03/22/luxury-brands-nigeria_n_1372164.html |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by NinoDeDios: 1:40pm On Oct 20, 2012 |
lacasa: Which Economy? |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 2:00pm On Oct 20, 2012 |
^^^ Anyone notice how no link has yet been dropped to back up this claim despite it having been made several times on this thread?. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 2:27pm On Oct 20, 2012 |
Who remembers in the days of Abacha when THIS junk used to be a symbol that bobos were trying'? For some, like civil servants, it was actually a sign that they'd arrived. I remember some guys back then who used to pull this ride. If you see how they used to form big boy when entering the ride, as if they were entering a Rolls. In fact leave matter... things don change. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 2:30pm On Oct 20, 2012 |
in the narrow bizarre world of rossike , the purchase of a hundred luxury cars with a total market value of say 10 million dollars (assuming the average cost of each car is $100,000) is a sign that the economy is booming. in the world of rossike, consumer purchases of 1.6 billion naira by a tiny group of celebrities means that the nigerian economy is on the upswing what a simpleton. if he had posted evidence that working class nigerians are now earning enough to buy brand new cars en masse, one might grudgingly concede or resident 'the man is holding us down' noisemaker was making some sense. alas, this old man has the mind of a teeny bopper. the next thing he will be posting pictures of psquare and dbanj cribs as evidece that there is a 'housing boom' comedian - the same dunce who was crowing over india''s power failure, acting as loudspeaker fr the unspeakbly incompetent nigerian police has come again. maybe our man has a car wash business which caters to these celebrities, and the crumbs are getting to his head. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 2:33pm On Oct 20, 2012 |
ROSSIKE: Who remembers in the days of Abacha when THIS junk used to be a symbol that bobos were trying'? For some, like civil servants, it was actually a sign that they'd arrived. precisely, slow thinker. those civil servants thought just like you do. for them driving the car in vogue was a sign that the country is good, even if you have to drive it through a pothole filled road. ghetto fabulous rossik smarter people than you have already pointed out that todays must have luxury consumer item is tomorrows scrap. you should wonder why ostentatious spending and poverty are hand in hand in Africa |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 2:40pm On Oct 20, 2012 |
oyb: in the narrow bizarre world of rossike , the purchase of a hundred luxury cars with a total market value of say 10 million dollars (assuming the average cost of each car is $100,000) is a sign that the economy is booming. in the world of rossike, consumer purchases of 1.6 billion naira by a tiny group of celebrities means that the nigerian economy is on the upswing I don't blame you. I blame your lousy village school teachers. If you had an economics education beyond that of a gnat, you would immediately connect increased spending on luxury goods to an economic upswing. This is standard economics accepted worldwide. Of course other proofs include increased spending on general consumables as well. Studies have shown increased spending on virtually every convenience, from refrigerators to microwaves: http://blogs.ft.com/beyond-brics/2011/09/27/nigeria-a-microwave-boom/#axzz1ZB7z8YlW Read here how reduced spending on luxury items in China signifies economic slowdown: http://www.outsider-trading.com/chinese-spending-on-luxury-goods-fall/ Of course there's no great mystery to the link between a rise in luxury spending and economic recovery. As GDP per capita rises, many of those who were middle-class during the downturn have been pushed into upper middle class, raising the demand for luxury items. Many of the working class have been pushed up to middle class. (See Actis Report (ten million Nigerians enter middle class in the last 5 years) http://online.wsj.com/article/SB10001424052748704422204576130064161822374.html So dude, I COME WITH FACTS. Well researtched, cutting edge facts. Not innuendo and beer parlour nonsense. FACTS. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 2:51pm On Oct 20, 2012 |
http://www.skyscrapercity.com/showthread.php?s=f45e25286794760a529f31c2f638ca2d&t=1451241 long hiss - this noisemaker simply copied a thread from december 2011. in that thread, people were merely discussing upscale cars, but our economy is booming noisemaker repackages it as a series of bizarre lies ROSSIKE: ode. when increased spending on luxury good is by less than 1% of the population what does that say? are you really so daft that you fail to realise that outside of very successful celebrities, the only people who get brand new cars in nigeria are workers in corporate entities? dont you have anything cureent - you keep spamming this board with last years predictions - blog post is september 2011 RenCap’s report, which questioned more than 1,000 middle class Nigerians, points to a burgeoning middle class which is well educated (with over 90 per cent having obtained post-secondary education), mostly under the age of 40 and which saves a significant amount of its annual income of roughly $6,000- $7,000.- thats 1.1 m a year and this bloody dunce tells us nigerians are buying $50,000 cars enmasse. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:02pm On Oct 20, 2012 |
oyb: http://www.skyscrapercity.com/showthread.php?s=f45e25286794760a529f31c2f638ca2d&t=1451241 Where did you get your ''less than 1% of the population'' from? Show us the stats to prove what you are saying, THE WAY I DO or admit you're a bitter charlatan with no back-up. are you really so daft that you fail to realise that outside of very successful celebrities, the only people who get brand new cars in nigeria are workers in corporate entities? Are you that daft that you fail to realise that if those groups you mentioned are doing so more than a few years ago even after accounting for population increase, that it SIGNIFIES an improving economy? Tell me: Have you EVER studied economics even at secondary school level? I can swear by my family you haven't. and this bloody dunce tells us nigerians are buying $50,000 cars enmasse. Save that insult for your mother, you nasty asswwipe. You can claim I said words like ''enmasse'' since you have nothing but spite, lies, no back up links to rely on. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:06pm On Oct 20, 2012 |
the only thing i can draw from this thread is advice to forget school and try to become a pop star that for me is actually the frightening thing about nigeria's growing music industry - it means our most successful exports will be what is refeered to as the idle/dumb rich entertiners, people who will be individually wealthy, but who will not ultimatley contribute significantly to the economy, and who will derail our youth from pursuits that can turn this country around. the asians have a manic work ethic - the westerners are losing theirs to the hype of mtv cribs etal. and that is what this silly thread really promotes. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:14pm On Oct 20, 2012 |
^^^ You're talking maximum garbage. Only an fool will swallow the line that ''only Nollywood actors, musicians'' drive luxury cars in Nigeria. You're bitter. Many entrepreneurs - traders, business owners, industrialists, highly educated professionals, are experiencing rising wealth. We have indigenous car manufacturing firms in Nigeria - INNOSON Motors. That company employs thousands of Nigerians. Tomorrow you'll see their CEO in his Rolls and you'll call him a musician? We have law firms making a killing today, as increased FDI means more and more international companies seeking a stake in the Nigerian market, and needing local law firms to ease them in to the Nigerian economy. Tomorrow you'll see a lawyer from one of those firms in a Bentley in Lagos traffic and call him a Nollywood entertainer? This is why I say we need to shun lazy stereotypes and ignorance on this site. Things are happening in tnis economy, and what people need to do, is carve out their stake, and shun negativity. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:16pm On Oct 20, 2012 |
Where did you get your ''less than 1% of the population'' from? simpleton, you posted pictures of at most 40 cars as evidence that nigerias economy is booming. meanwhile, in one of your copy and paste links , it is stated that the middle class is 37 million - (i have to wonder what that middle class is, but thats for another day) so please tell me how 30 over 37 million is greater than 1% or are you even more simple than i thought? Are you that daft that you fail to realise that if those groups you mentioned are doing so more than a few years ago even after accounting for population increase, that it SIGNIFIES an improving economy? slow thinker, even here you fall short - most companies are now buying korean vehicles as against chinese for their fleets because the korean vehicles are cheaper - does that spell boom to you? RenCap’s report, which questioned more than 1,000 middle class Nigerians, points to a burgeoning middle class which is well educated (with over 90 per cent having obtained post-secondary education), mostly under the age of 40 and which saves a significant amount of its annual income of roughly $6,000- $7,000. please explain to me how 1.1 million a year - which comes to less than 100k per month before tax etal represents an economic boom. throw in taxes, pension gund etal, and it drops to 75k. you think a person earning that kind of money is going to buy anything other than a 700k car? Save that insult for your mother, you nasty asswwipe. You can claim I said words like ''enmasse'' since you have nothing but spite, lies, no back up links to rely on.seems your mother was a syphilitic LovePeddler who transfered the ailment to you during childbirth. that is the best explanation for your congenital stupidity and outright madness.if them born you well, insult my mother again. animal |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:24pm On Oct 20, 2012 |
ROSSIKE: ^^^ You're talking maximum garbage. Only an fool will swallow the line that ''only Nollywood actors, musicians'' drive luxury cars in Nigeria. You're bitter. Many entrepreneurs - traders, business owners, industrialists, highly educated professionals, are experiencing rising wealth. We have indigenous car manufacturing firms in Nigeria - INNOSON Motors. That company employs thousands of Nigerians. Tomorrow you'll see their CEO in his Rolls and you'll call him a musician? offtopic - classic rossike - i would really have to wonder if the CEO of a car manufacturing company cannot use his own vehicle - but then that's rossike reasoning for you. what rising wealth are you blathering about? is it the dubious wealth of the Jimoh ibrahims, otedolas, ibrus etal? every other day, large numbers of the so called successful entrepreneurs you keep lionizing are being exposed as charlatans looting their companies into the ground. until you can point to a change in the life of the average nigerian, not the few in the rarefied upper crust, you are talking the bollocks we know you so well for. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:25pm On Oct 20, 2012 |
oyb: Brainless turd, you want me to post ALL the vehicles in Nigeria on the site to 'prove'? LOW IQ. meanwhile, in one of your copy and paste links , it is stated that the middle class is 37 million - (i have to wonder what that middle class is, but thats for another day) What is this dropout on about? slow thinker, even here you fall short - most companies are now buying korean vehicles as against chinese for their fleets because the korean vehicles are cheaper - does that spell boom to you? ''Most companies''. WHERE ARE YOUR STATISTICS?? WHERE ARE YOUR STUDIES?? Can forumers see the difference between this charlatan and I? When I make a claim, I back it up with research. This CLOWN on the other hand expects us to simply believe whatever he says. Who are you? What are you? please explain to me how 1.1 million a year - which comes to less than 100k per month before tax etal represents an economic boom. throw in taxes, pension gund etal, and it drops to 75k. you think a person earning that kind of money is going to buy anything other than a 700k car? Economic illiterate. Our incomes do not have to be on a par with US or UK incomes for it to be said we're experiencing an economic boom. I've told you to go and study economics even at secondary school level. You are clearly an economic illiterate. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:35pm On Oct 20, 2012 |
''Most companies''. WHERE ARE YOUR STATISTICShuh?? WHERE ARE YOUR STUDIEShuh? ode. people who know me know where i work - in an oil major. i work in VI. i don't need to paste any empty statistics to show what i see everyday. within my company for instance, function cars were previously toyota corollas. now we buy hyundais. Economic illiterate. Our incomes do not have to be on a par with US or UK incomes for it to be said we're experiencing an economic boom. I've told you to go and study economics even at secondary school level. You are clearly an economic illiterate. you must really have wool between your ears if you think 75,000 per month is an economic boom. perhaps you should find your way to the thread where a fellow was asking if 80k per month was extravagance. for a family of four that 75k will not provide a decent living, especially if there is only one breadwinner. perhaps your slow mind will require more dubious statistics to prove that as well - since all you work with are so called studies. the next thing you will post that ridiculous article about that spolit shopaholic binging in london as more evidence/studies/research that the good times are here renting a three bedroom apartment in lagos is t least 600k/year - school fees for kids in reasonable schools is at least 400k /kid /year maintaining and fueling a car is at least 500k/year maintaining and running a generator is at least another 500k/year feeding is at least 600k/year dstv is at least 50k/year the list goes on and on, and this simpleton tells us 'economy is booming' when his own sources cite the middle class as 37 million people are earning less than 75k/ month. by the time all that money is gone, i wonder what will be left for the much touted washing machines and microwaves |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:41pm On Oct 20, 2012 |
oyb: Your problem is you allow the crap you read in the news to cloud your view of the bigger things happening in the country. Otedola and Jimoh Ibrahim my asssss. Nigeria's annual GDP stands at nearly $400 BILLION, only 14% of which is attributable to oil and gas, with folks like Ibru and Otedola accounting for propbably less than 1% of it in total. THE NIGERIAN ECONOMY IS FAR BIGGER THAN THOSE GUYS. until you can point to a change in the life of the average nigerian, not the few in the rarefied upper crust, you are talking the bollocks we know you so well for. I'LL GLADLY TAKE YOU UP ON THAT CHALLENGE: http://www.unicef.org/infobycountry/nigeria_statistics.html Nigeria: Infant mortality rate: Deaths out of a thousand: Under-5 mortality rate, 1970 251 Under-5 mortality rate, 1990 213 Under-5 mortality rate, 2010 143 WOW! LESS OF OUR CHILDREN ARE DYING EARLY. WHAT A TERRIBLE REVERSAL IN FORTUNES! Infant mortality rate (under 1), 1990 126 Infant mortality rate (under 1), 2010 88 WOW! OUR KIDS ARE SURVING IN MILLIONS MORE CROVES. WHAT TERRIBLE NEWS!! NIGERIA: Life expectancy at birth, 1970 42 Life expectancy at birth, 1990 46 Life expectancy at birth, 2010 51 WOW!! NIGERIANS ARE LIVING LONGER ON AVERAGE!! WHAT HORRIBLE NEWS!!!! http://www.unicef.org/infobycountry/nigeria_statistics.html INCOMES GDP per capita average annual growth rate (%), 1970-1990 -1.4 GDP per capita average annual growth rate (%), 1990-2010 WOW!!! INCOMES ARE RISING! TERRIBLE NEWS!! CALL THE HANGMAN!!! http://www.unicef.org/infobycountry/nigeria_statistics.html |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Pennywise(m): 3:50pm On Oct 20, 2012 |
Fantastic pics of exotic cars. Nigerians are saying - bring it on! ! ! ! ! ! |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:50pm On Oct 20, 2012 |
oyb: ECONOMIC ILLITERATE. That your company did it does not translate to ''most companies in Nigeria''. You work in ''an oil major'' and so what? If anything that just means you're more alienated from the society's heartbeat. What do you know about economics? That you work in Victoria Island doesn't mean you know the first thing about economics. I repeat? Did you study Economics even at secondary school level? I've asked you this question thrice, and you've still not answered. you must really have wool between your ears if you think 75,000 per month is an economic boom. If it was 10k a month a few years ago then it IS an economic boom!!!! Go back to school and quit embarassing yourself. I've dropped links here in which seasoned economists from across the globe have stated there is a Nigerian economic boom, with a fast growing GDP of 7.5% per annum, among the fastest on earth. In economic terms, that's called an economic boom. Go and study economics. Even a basic crash course should help. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:52pm On Oct 20, 2012 |
ROSSIKE: you want to play the statistics game? for real? http://www.vanguardngr.com/2012/06/nigerias-life-expectancy-lowest-in-west-africa-don/ Nigeria’s life expectancy lowest in West Africa – Don bite on that. http://www.voanews.com/content/poverty-pollution-killers-in-nigeria/1363853.html eat on that pathetic. internet nigerian. posting rubbish. again with feeling - rossike - wow! things are looking up in the community! see as people are flossing! the community is on the up and up! moe money for everybody! |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 3:59pm On Oct 20, 2012 |
oyb: Ewuuooooo... See economic illiterate posting figures from some Alhaji! I just posted the latest current UNICEF stats showing that life expectancy in Nigeria has risen from 47 to 51 in just the last five years (a notable improvement) only for this he-goat to post the old 47 figure from Alhaji Abdulsalami whatever whatever! Are you sure the Alhaji has internet connection to see the latest UNICEF statistics? My goodness. Let me educate you. NOBODY. I repeat, NOBODY, can present any stats to do with basic human indicators that contradicts what the UN through UNICEF has presented in its annual reports. Nobody. Not even Obama. That you would even THINK of using this Alhaji's claim as a basis to dispute what UNICEF, with its thousands of researchers and billions in research budget, has stated for Nigeria, shows that you're not much use to us beyond your oil company in VI. Baby researcher. And please spare us the National Bureau of Statistics reports. Those have always been politicised, as we all know. Today the place is run by AC sympathiser Dr Yemi Kale, so we can take their claims with a heavy dose of salt. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 4:06pm On Oct 20, 2012 |
ROSSIKE: you are the one who is alienated - since you think posting pictures of cars means the lives of nigerians are changing for the better. i see grinding poverty everyday. in my immediate environment, on the way to work , in VI, everywhere. i don't have the luxury of lying to myself that the proliferation of big man cars means that things in the country are getting better. you want a clear sign the economy is improving - when able bodied men stop taking to okadas as their first choice as a source of income. that is a real indicator - not this puerile and juvenile celebration of the luck of a few. If it was 10k a month a few years ago then it IS an economic boom!!!! Go back to school and quit embarassing yourself. I've dropped links here in which seasoned economists from across the globe have stated there is a Nigerian economic boom, with a fast growing GDP of 7.5% per annum, among the fastest on earth. In economic terms, that's called an economic boom. Go and study economics. Even a basic crash course should help. if there is no change in the quality of life then your econmic boom is just empty noise. your link posited that earners of $7000 are buying microwaves and washing machines. i have broken that bs down for you and you are still talking crap - I repeat? Did you study Economics even at secondary school level? I've asked you this question thrice, and you've still not answered. if my memory serves me well, i had an a3 in econs. so you can take all your blather about economics and stuff it where the sun don't shine. balla briggs has already called you out on your empty blather.and he is an economist. what are you anyway, other than a pseudo pan africanist with the mind of a juvenile? |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 4:11pm On Oct 20, 2012 |
ROSSIKE: i see - rossik the pan africanist noisemaker, the man who always makes so much noise about oyibos will defer to their judgement when it suits his childish goals i'm sure if i go deep into your post history, i will find somewhere you insulted the UN over some dismal report on nigeria. i didn't even want to take you on your pathetic standards - for some one spamming this board about economy booming - is a 50 year life expectancy something to celebrate? is an infant mortality rate of over 10% something to celebrate? thank God i don't subscribe to whatever pathetic standards you have chosen for yourself - you come off like those peasants who are happy because massa lives in a big house the old 47 figure from Alhaji Abdulsalami whatever whatever! Are you sure the Alhaji has internet connection to see the latest UNICEF statistics?this here is the self hate rossik is always whining about - a nigerian is alhaji whatever so that is what all this si about - rossik is just another member of the gej monkeys, those paid hacks who continuuosly spam this board with their tales by moonlight of how nigeria is improving. small wonder.i should have detected the sycophantic lack of intellect |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 4:15pm On Oct 20, 2012 |
oyb: By the same token we can say India is not improving. Brazil and China are not improving. Poverty is rampant there too. Fact is poverty will be a fact of life for many years in Nigeria, which is a developing country. Saying that because you see poor people outside your office window means there is no recovery is as dumb as Sarah Palin saying she knows foreign policy because she can see Russia from her bedroom. you want a clear sign the economy is improving - when able bodied men stop taking to okadas as their first choice as a source of income. that is a real indicator - not this puerile and juvenile celebration of the luck of a few. Economic Illiterate! if there is no change in the quality of life then your econmic boom is just empty noise. your link posited that earners of $7000 are buying microwaves and washing machines. i have broken that bs down for you and you are still talking crap - The only thing broken down is your common sense. if my memory serves me well, i had an a3 in econs. Notable, but far from sufficient to discuss Development Economics before Economics scholars such as yours truly. so you can take all your blather about economics and stuff it where the sun don't shine. balla briggs has already called you out on your empty blather.and he is an economist. Ballabriggs? That foul-mouthed street yob with the IQ of a brick? Where did he get his degree, Balogun market? |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 4:25pm On Oct 20, 2012 |
oyb: FIND AM! That's a direct challenge! i didn't even want to take you on your pathetic standards - for some one spamming this board about economy booming - is a 50 year life expectancy something to celebrate? 51, not 50! Every year counts. Of course it is not ''something to celebrate'' but does it represent progress? YES. ABSOLUTELY YES. It was never going to jump from 47 straight to 75. Improvements in living conditions are incremental, not immediate. Insofar as there is a discernible upward trajectory, then we are making progress. is an infant mortality rate of over 10% something to celebrate? See reply above! thank God i don't subscribe to whatever pathetic standards you have chosen for yourself - you come off like those peasants who are happy because massa lives in a big house Thank God the rest of us don't live in Cloud Cuckoo land like you, expecting Nigeria to turn into Japan in the twinkle of an eye, failing which there's ''no progress''. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 4:29pm On Oct 20, 2012 |
ROSSIKE: aren't you the scholar who was going on about successfully selling imported floor tiles as a sign that you can make it in nigeria? thats your idea of entrepreneurship - a one man business of bringing in container of floor tiles - which will at most provide employment to 3 people and take up a small shop in alaba. aren't you the same scholar who put us though the torture of celebrating the nigerian police? scholar my arse. we should ask where you schooled - probably esut. if you consider the purchase of luxury cars by the elite ( something that has been going on in nigeria and indeed the world for as long as forever) as an indicator of economic growth - then one has to wonder just what kind of 'scholar' you are - the internet kind creaming your pants because Nigerians as always are taking the lead in conspicuous consumption. like our internet millionaires on nairaland a 'scholar' who has never featured in economics discussions on nl, but can only be counted on to spam with meaningless desperate self serving pan africanist propaganda? an 'economist' who is blind to the fact that the purchasing power of the average nigerian is shrinking as prices go through the roof? petrol was increased by 30% this year. no accompanying increase in income of workers, prices have risen steadily since. simple peak 123 has gone from 500/550 to 650/700. and that is locally produced. but our economist scholar tells us economy is booming. he tells us people are getting richer as their disposable income shrinks (maybe he is referring to senators and govt officials) |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 4:38pm On Oct 20, 2012 |
Thank God the rest of us don't live in Cloud Cuckoo land like you, expecting Nigeria to turn into Japan in the twinkle of an eye, failing which there's ''no progress''. thank God nations like singapore, china, korea and malaysia do not have empty headed noisemakers like you, who would have held them back indefinetely by celebrating mediocrity and harping on the 'successes' of a shrouded and long forgotten past. they would probbaly be cheering and spmming internet forums about a 5% decrease in child mortality. |
Re: Elite Cars Repopulate Nigerian Streets As Economy Booms by Nobody: 4:44pm On Oct 20, 2012 |
oyb: See how you reason like a mosquito. You've just taken a thriving business and rubbished it merely because you don't like what the entrepreneur is doing? You really dig the depths of intellectual ineptitude. aren't you the same scholar who put us though the torture of celebrating the nigerian police? I merely - in the midst of widespread condemnation of the police - called to attention the fact that thousands of them have died trying to protect us -including VI oil workers like yourself - from men of the underworld, something for which you remain singularly ungrateful, as though you could ever spend a minute of your life putting yourself in harm's way for others. scholar my arse. we should ask where you schooled - probably esut. Hahaha. if you consider the purchase of luxury cars by the elite ( something that has been going on in nigeria and indeed the world for as long as forever) as an indicator of economic growth - then one has to wonder just what kind of 'scholar' you are - the internet kind Economic Illiterate: Economics 101. Increased spending on luxury items points towards an increasingly buoyant economy. Fact. With your A3 in secondary school, I don't expect you to know this. I didn't even with my A1. So this is lightly more advanced. 'economist' who is blind to the fact that the purchasing power of the average nigerian is shrinking as prices go through the roof? Yawnn... all economic statistics and projections have been made after accounting for inflation. You're such a bore. petrol was increased by 30% this year. no accompanying increase in income of workers How did you reach that conclusion? (highlighted) Where are your stats? What proportion of the Nigerian workforce are you speaking for? Civil servants? Salaried workers? Those make up just a tiny percentage of the Nigerian workforce, majority of whom are independent businesses that will pass the costs on to their consumers, and thus increase their income following fuel price rises. |
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