The 2020 vision may still be alive after all

Chairman of Goldman Sachs, Mr Jim O’neil has predicted that Nigeria will be among the first 20 nations to be industrialised by the year 2020.

O’neil made this revelation at the end of a two day meeting of the Honorary International Investors Council (HIIC) in London.

O’neil noted that “Nigeria recorded much economic growth in the last 14 years”.

The HIIC pledged, after the meeting, to support the reform of the Goodluck Jonathan led administration.

Addressing a pressing conference after the meeting the coordinator of the council, Baronness Linda Chalker, said that it is important to always have a positive perception of the Nigerian nation despite the daunting challenges facing the country.

The council, at the end of the meeting, agreed to support the reforms of the federal government and its strategy for addressing those reforms.

Source: http://www.channelstv.com/home/2012/12/01/nigeria-will-be-amongst-the-first-industrialised-countries-by-2020-expert/

Vision 202?

sheyie2007: Vision 202?

Have faith keep the light bright you never know our country may just surprise us.

As much I believe in Nigeria and her potentials and heck,I want to be a part of it, but whenever news like this comes from financial/investment, I'm a lil wary about it. This is just another hype, Nigerians should be careful. We're need a lot to embark on path to industrialization, we still haven't gotten it right. Till then, they should stop hyping our govt, giving them a false sense of hope.

Nigeria is perhaps recording growth, however, are we recording development as well? Or is development not needed? Nigeria may be growing till 2020 or till 2050, bu until we begin to develop, we'll remain in same place. Development is the only thing holding us back, so they need to reemphasize about that key part.

Goldman Sachs? Olusegun Agagu's legacy of fraud? Is telling us Nigeria will be blah blah by 2020? lmao!! God dey oo, God dey!!!

With the current situation, our GDP is increasing while our standard of living is deteriorating. You know why? Because our infrastructural growth isn't matching the GDP and you know why? Corruption!!!!

KILL ALL THE CURRENT POLITICIANS NOW!!!! ACN O, PDP OO, ANPP OO, AGIPA OO, CPC OO, ALL OF THEM... Assemble them in the confluence state and shed their blood, feed their carcass to wild beasts, kill those beasts, vapourize the beasts' bodies, trap the vapour in a gas tube and send the tube out of space...

How? Do people even bother to check the countries occupying 18-20 on that list. Nigeria mate no de there at all. We should stop deceiving ourselves.

AMEN!!!!
(When all those greedy politicians die in a mega "wipe-out".)

If there is still a Nigeria by 20 20 20 20. All these yeye hope sef. Make we dey chop grass till den abi?

Bwahahahahahahahahaha

It's 2013 already(7 years from now) - how many industries are in Nigeria? What does Nigeria manufacture?

Heck, you don't even have refineries...

Very funny thread!! - please, take this to the jokes section asap...

PS: Don't attack my post, I'm just being honest here - thanks in advance...

7 + years from now.

Foolish People.

shymexx: Bwahahahahahahahahaha

It's 2013 already(7 years to go) - how many industries are in Nigeria? What does Nigeria manufacture?

Heck, you don't even have refineries...

Very funny thread!! - please, take this to the jokes section asap...

PS: Don't attack my post, I'm just being honest here - thanks in advance...

The few foreign ones don't even have their factories anywhere Nigeria. All they do is sales and marketing.

Funny.

0lumide: Goldman Sachs? Olusegun Agagu's legacy of fraud? Is telling us Nigeria will be blah blah by 2020? lmao!! God dey oo, God dey!!!

With the current situation, our GDP is increasing while our standard of living is deteriorating. You know why? Because our infrastructural growth isn't matching the GDP and you know why? Corruption!!!!

KILL ALL THE CURRENT POLITICIANS NOW!!!! ACN O, PDP OO, ANPP OO, AGIPA OO, CPC OO, ALL OF THEM... Assemble them in the confluence state and shed their blood, feed their carcass to wild beasts, kill those beasts, vapourize the beasts' bodies, trap the vapour in a gas tube and send the tube out of space...

The same Goldman Sachs that singlehandedly destroyed the Greek economy by collaborating with corrupt Greek politicians to hide the country's mounting debts.

the same Goldman Sachs who then started taking bets on how soon the economy of Greece would collapse thereby profitting from their criminal activity.

the same Goldman Sachs that stole $1billion of Libya's sovereign wealth fund which has never been paid back?

the only type of economic growth you will see in nigeria is the type that will enrich western multinational corporations that are currently rap.ing nigeria and some nigerian elites who have collaborated with these theives, none of this so called growth will result in improved standards of living for 99% of the nigerian population, rather the average nigeria will be living in abject poverty by that date if a revolution does not take place before then.

Next one pls

Hopefully, there will still be a country called Nigeria by then.

saxywale:
The few foreign ones don't even have their factories anywhere Nigeria. All they do is sales and marketing.

The projection is laughable...

Hence, why I don't take stats from all these Western controlled organisations(IMF, World Bank, Unicef, Gold Sachs etc..) seriously when it comes to Africa - they just lead people on based on false premise...

Bastar-ds!! They've been procastinating since 1999

Nigeria and its politician PR...All hail

Simple logic and a common man will say the same thing. Nigeria will never achieve such goal as an industrialized nation if there's no adequate power supply. I mean constant power supply, 24/7, whether it is raining or not. Perhaps they meant to say, in the year 2020, the Nigerian economy will collapse; it has collapsed anyway.

cap28:

The same Goldman Sachs that singlehandedly destroyed the Greek economy by collaborating with corrupt Greek politicians to hide the country's mounting debts.

the same Goldman Sachs who then started taking bets on how soon the economy of Greece would collapse thereby profitting from their criminal activity.

the same Goldman Sachs that stole $1billion of Libya's sovereign wealth fund which has never been paid back?

the only type of economic growth you will see in nigeria is the type that will enrich western multinational corporations that are currently rap.ing nigeria and some nigerian elites who have collaborated with these theives, none of this so called growth will result in improved standards of living for 99% of the nigerian population, rather the average nigeria will be living in abject poverty by that date if a revolution does not take place before then.

Abi oo my brother!! E no go better for Goldman sachs!!! We were all here when they ruined the greek economy. My worry is that one of their top official is now in a core sector of Nigerian economy. Olusegun Aganga ..... We need a bloody coup in Nigeria!!!!!!! WE DESERVE A REVOLUTION NOW! 90% OF OUR PEOPLE ARE NOT LIVING, THEY ARE JUST GETTING BY!

coolzeal: Simple logic and a common man will say the same thing. Nigeria will never achieve such goal as an industrialized nation if there's no adequate power supply. I mean constant power supply, 24/7, whether it is raining or not.

Electricity is a luxury not a basic essential.

Ofonagoro :


Electricity is a luxury not a basic essential.

No country in this world can achieve high tech or high development in terms of production or manufacturing without adequate electricity.
I beg your pardon, power supply is not just a luxury but a basic essential.

**Nigeria Will Be Amongst The First Industrialised Countries By 2020**

Hahahahahahaha. Dis shld be a joke on Stand Up Nigeria.

We don't even have steady power supply yet, which is supposed 2 be †ђз driver of industrialisation.

Whoever said dis, must be Ali baba, cuz its so hilarious. LMBO

This sounds more like the kind of empty trash that come out the mouths of pulpit pimps like Adeboye, Oyedepo, and Oyaks and other pentecostal fraudsters of Nigeria(PFN). Come Dec. 31st, they'll start telling the gullible the great plans that God has for Nigeria in 2013, offcourse, without accounting for god's great plans for 2012 and the many years before.

On a more serious note, according to the world bank, it would take Nigeria 30yrs of consecutive 10% economic growth to reach the optimal or normal stable economy and standard of living status.

We definitely do not have any one of the many ingredients that could take us to semi-industrialised status in the next 50yrs.
My proof? Look at the standard of education. That says it all and sums it all up.

What are our universities producing in abundance?
Student Criminals, student banditry,prostitution, and pastors.
One does not need to be a prophet to see the future.
It aint bright.

Goldman Sacks is flying this kyte in what is an obvious and very familiar bid to scam someone, most likely, the brain-dead m.ro.ons we have in our government.

coolzeal:

No country in this world can achieve high tech or high development in terms of production or manufacturing without electricity.
I beg your pardon, power supply is not just a luxury but a basic essential.

If your stranded in a dessert what is your first thing to find ?? is it electricity??

Na by mouth...when GEJ only thinks Nigeria is made up of his minions only. Dream on.

Ah! Dis may not be a joke o! HIIC have dere plans o! Dey are gonna rob us o!

Dey'r giving us false hope, so that our mumu govt can buy dere policies, hereby furthering neocolonial tactics (stealing our resources), maybe its a U.N planned punishment on Nigeria 4 rejecting †ђз legalisation of gay marriage. Chai!!!!!!!! We don enter am o!!!!!

Ofonagoro :
The 2020 vision may still be alive after all

Chairman of Goldman Sachs, Mr Jim O’neil has predicted that Nigeria will be among the first 20 nations to be industrialised by the year 2020.

O’neil made this revelation at the end of a two day meeting of the Honorary International Investors Council (HIIC) in London.

O’neil noted that “Nigeria recorded much economic growth in the last 14 years”.

The HIIC pledged, after the meeting, to support the reform of the Goodluck Jonathan led administration.

Addressing a pressing conference after the meeting the coordinator of the council, Baronness Linda Chalker, said that it is important to always have a positive perception of the Nigerian nation despite the daunting challenges facing the country.

The council, at the end of the meeting, agreed to support the reforms of the federal government and its strategy for addressing those reforms.

Source: http://www.channelstv.com/home/2012/12/01/nigeria-will-be-amongst-the-first-industrialised-countries-by-2020-expert/

The bolded statement above makes no sense please clarify. Which other nations have set the year 2020 as a deadline for industrialisation??
How will Nigeria come first? First amongst whom? There are many many nations at advanced stages of industrialisation even in Africa!

More importantly what type of industrialisation are we talking about? Industrialisation is a gigantic general term to use that makes no sense as a stand-alone concept if you do not put it into context!! Or is this all just sweet talk?

Ofonagoro :


If your stranded in a dessert what is your first thing to find ?? is it electricity??

damn!!! thought i was arguing with someone reasonable. dude, what has desert got to do with this post. Am out.

coolzeal:

damn!!! thought i was arguing with someone reasonable. dude, what has desert got to do with this post. Am out.

Well im sorry if you think im unreasonable.

Are dey laugh because, I'm happy with dis topic.