musiwa1j: that person lack the knowledge of nigeria. nigeria dont care to be part of G20. all they want is to break up nigeria.

Shine It: Hater's are gonna hate.
But the world's gonna rate.
And we got a date.
GEJ till 2019.

Team (Fresh Air Tinz) #FAT#

chinziaski: We Nigerians are the cause of our problems. We are in Nigeria and we are seeing the day-to-day activities of our country.

We sit in our house while we allow some bunch of miscreants determine who will and who will not rule us. Have we forgotten this is not a monarchy rule, or have we forgotten the definition of democracy?

Why can't we the citizens of Nigeria bring one man from amongst us, put him in a political party and vote for him. A man that knows the struggle. We shouldn't wait for atiku, amaechi and gej to finish fighting and we vote for the winner. We shouldn't wait for APC to promise us and do nothing at the end. We need someone who knows the struggle to take the place of government. We don't need to kills this politicians. We should gather our people to fill the various tiers of govt. The people representing the citizens of Nigeria and not representing a political party!

We should know all these things are failure:
Electricity is a failure
Education is a failure
Transport is a failure
Agriculture is a failure
Infrastructure is a failure
Diversification of our economy have not been forthcoming.

Our government are so stereotype, they keep on telling us thesame rubbish every single year.

How can a country produce oil and refine outside and you say ur economy will be better than south africa's economy?

This man must be high on alabukun!

chinziaski: We Nigerians are the cause of our problems. We are in Nigeria and we are seeing the day-to-day activities of our country.

We sit in our house while we allow some bunch of miscreants determine who will and who will not rule us. Have we forgotten this is not a monarchy rule, or have we forgotten the definition of democracy?

Why can't we the citizens of Nigeria bring one man from amongst us, put him in a political party and vote for him. A man that knows the struggle. We shouldn't wait for atiku, amaechi and gej to finish fighting and we vote for the winner. We shouldn't wait for APC to promise us and do nothing at the end. We need someone who knows the struggle to take the place of government. We don't need to kills this politicians. We should gather our people to fill the various tiers of govt. The people representing the citizens of Nigeria and not representing a political party!

We should know all these things are failure:
Electricity is a failure
Education is a failure
Transport is a failure
Agriculture is a failure
Infrastructure is a failure
Diversification of our economy have not been forthcoming.

Our government are so stereotype, they keep on telling us thesame rubbish every single year.

How can a country produce oil and refine outside and you say ur economy will be better than south africa's economy?

This man must be high on alabukun!

Rossikk: ^^The higher the rate of GDP growth, the quicker the reduction in poverty.

Pastor Kun: The size of the Nigerian economy may actually currently be bigger than that of South Africa and this could be established as early as next year when our GDP would be rebased by then and the true size of our economy would be determined. This is because going by the current criteria used to measure our GDP a lot of things are not being captured thus the current figures for our GDP do not reflect the real size of our economy.

That said, even if our GDP is established to be bigger than South Africa's they still remain a far more developed country than us in real terms. Also the size of the GDP of a country[or even per capita income] is an outdated way of determining the level of development of a country. What is currently used is what we call Human Development Index[HDI] which attempts to measure the overall quality of life of the people using various criteria. Using HDI South Africa still stands heads and shoulders ahead of Nigeria.

Rossikk:

This thread is not for illiterates.

HNosegbe:

Well put.

Pastor Kun: The size of the Nigerian economy may actually currently be bigger than that of South Africa and this could be established as early as next year when our GDP would be rebased by then and the true size of our economy would be determined. This is because going by the current criteria used to measure our GDP a lot of things are not being captured thus the current figures for our GDP do not reflect the real size of our economy.

That said, even if our GDP is established to be bigger than South Africa's they still remain a far more developed country than us in real terms. Also the size of the GDP of a country[or even per capita income] is an outdated way of determining the level of development of a country. What is currently used is what we call Human Development Index[HDI] which attempts to measure the overall quality of life of the people using various criteria. Using HDI South Africa still stands heads and shoulders ahead of Nigeria.

solomon111: I hate threads like this.
Yes,it is inevitable that we will overtake SA in GDP sooner rather than later..
But given the fact that we have more than twice the southafrican population,our GDP will have to grow close to twice the Southafrican GDP to actually match the development of southafrica.
So yes,we will SA very soon,but i don't think it will mean that we will overtake SA's level of development anytime soon.

solomon111: Many of the scandinavian countries have higher HDI than USA,CHINA,JAPAN.
Are you saying those scandinavian countries are more developed?

taharqa: Using HDI, small Luxemborg would be way ahead of China!!

zetdee: Nigeria Closes Gap On South Africa’s
Investment Lead.

www.nairaland.com/1434005/nigeria-closes-gap-south-africa

Anyways SA is still seeing more real development happening than Nigeria.

zetdee: WHILE South Africa remains the most attractive corporate investment destination in Africa, Nigeria is nipping at its heels and may overtake it as soon as next year, according to a new survey.

Nigeria has moved into second place, from third last year, overtaking Egypt which is now in third position despite its continuing political upheavals. This is according to the Rand Merchant Bank’s (RMB’s) annual " Where to Invest in Africa: A guide to corporate investment" report.

The report places South Africa 33rd in the overall world rankings — its worst position ever. Nigeria, on the other hand, has improved 35 places in the past decade to rank 38th in the world index.

The researcher and co-author of the guide. Celeste Fauconnier, said the gap between the two African giants was narrowing because Nigeria was "doing well" while S A was "stagnating".

South Africa is placed second last in comparison with its fellow Brics (Brazil, Russia, India, China, South Africa) economies. China is ranked first, India eighth and Brazil 27th with Russia in last place at 34th.

Nigeria could replace South Africa in top place in the next two to four years, or even sooner, if the revisions to gross domestic product (GDP) under way see the size of the former’s economy adjusted upwards as much as 40%.

This would put the West African country close to South Africa’s GDP of $384bn. Nigeria’s GDP is now $268.7bn, according to the World Economic Forum (WEF).

Nigeria’s growth rate forecast at 6%-7% a year for the next five years, compared with South Africa’s forecast of 2%-3%.

Therefore, the West African powerhouse could overtake South Africa as the continent’s largest economy by as early as next year.

Nigeria’s population of 162.5-million is more than triple that of South Africa’s 50.6-million, adding to its attraction.

The RMB survey finds the top 10 African countries remain the same as last year, though Nigeria and Egypt switched places.
Ranked from fourth place to 10th are Ghana, Morocco, Tunisia, Libya, Ethiopia, Tanzania and Kenya.

The scores were finalised before the recent political disarray in Egypt and Libya, but Ms Fauconnier said RMB included them on the list as the research is meant to inform long-term investment decisions.

Egypt’s sizeable market and population, and decent operating environment with a highly diversified economy should make it an attractive destination once tensions subside. "Once political tension is resolved, we often see portfolio flows back into the country and these economies recover quite quickly from a growth rate perspective," Ms Fauconnier said.

Last week, South Africa fell one place from 52nd to 53rd out of 148 on the WEF global competitiveness list, as Mauritius overtook it to sub-Saharan Africa’s top spot. Nigeria is ranked 120th. Labour discord, dragged down the South African ranking.

The WEF uses a different methodology than the RMB, assessing competitiveness based on the opinions of about 13,000 business leaders in 148 countries. It focuses on 12 pillars including institutions, infrastructure, macroeconomic environment, education and labour market efficiency.

RMB assigns investment attractiveness scores based on GDP, growth forecasts over the next five years and the operating environment.
The operating environment is assessed using the WEF global competitiveness index, the World Bank’s Doing Business report, the Heritage Foundation’s index of economic freedom and Transparency International’s corruption perceptions index.

Ms Fauconnier said South Africa’s growth was weak, but it remained top of the rankings because it had the largest market in Africa and a sophisticated operating environment.


www.bdlive.co.za/africa/africanbusiness/2013/09/10/nigeria-closes-gap-on-south-africas-investment-lead

solomon111: I don't think SA is seeing more real development than Nigeria as it is.
Nigeria currently has the fasting growing construction industry in the world and that's just one of the numerous indices.

telim: we dont want G20 b'cause it will not reduce the prize of gari all we want is permanent member in united nation, These will allow us to not only confuse nigerians but the world entirely. G20 ko G99 ni. SMH and leg.