Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,991 members, 7,810,766 topics. Date: Saturday, 27 April 2024 at 02:58 PM

Jonathan: Nigeria Will Join 20 Most Developed Countries By 2020 - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Jonathan: Nigeria Will Join 20 Most Developed Countries By 2020 (2436 Views)

Top Twenty Most Developed Countries By HDI / The 5 Most Developed Countries In Africa Are / What Are The 5 Most Developed Countries On The African Continent (2) (3) (4)

(1) (2) (Reply) (Go Down)

Re: Jonathan: Nigeria Will Join 20 Most Developed Countries By 2020 by kolaaderin: 11:25pm On Nov 01, 2014
chamboy:
I can name twenty countries nw, we can never b beta off that 2020...
China. Russia, UK, US, Canada, Australia, Germany, South Africa, Saudi Arabia. Brazil, Norway, Denmark, North Korea, Spain, Italy, Japan, France, South Korea, Indonesia, India, Switzerland
I can name more.
Sweden, begium, UAE, Qatar, Indonesia, malaysia,
Re: Jonathan: Nigeria Will Join 20 Most Developed Countries By 2020 by chamboy(m): 11:25pm On Nov 01, 2014
taiwoflb:


Even right now our economy is stronger than most of the countries you have listed
pls mention like if dey give u any of the listed countries visa. U won't run der
Re: Jonathan: Nigeria Will Join 20 Most Developed Countries By 2020 by chamboy(m): 11:27pm On Nov 01, 2014
I think at dis stage, we should b more concerned on fixing our foundation. Corruption n indiscipline has infected it n if we build on it. We Def gonna fall So I suggest we repair it n make it strong for d future nt pursing baseless Paper facts

1 Like

Re: Jonathan: Nigeria Will Join 20 Most Developed Countries By 2020 by abila122: 11:44pm On Nov 01, 2014
Sammy107d:


I'll give 100 (if I add all the islands). I'll like anyone to mention ONE country on this list we can beat to human development in the next 5 years at our current pace, and we can an intellectual debate about the feasibility. Enough of the wild promises.

1. Algeria
2. Andorra
3. Argentina
4. Aruba
5. Australia
6. Austria
7. Bahamas, The
8. Barbados
9. Belgium
10. Brazil
11. Bulgaria
12. Canada
13. Chile
14. China, Hong Kong
15. China, People’s Republic
16. China, Taiwan
17. Colombia
18. Costa Rica
19. Croatia
20. Cyprus
21. Czech Republic
22. Denmark
23. Ecuador
24. Egypt
25. Estonia
26. Finland
27. France
28. Gabon
29. Georgia
30. Germany
31. Greece
32. Hungary
33. Iceland
34. India
35. Indonesia
36. Ireland
37. Israel
38. Italy
39. Japan
40. Jordan
41. Korea, Democratic People’s Rep
42. Kuwait
43. Lebanon
44. Libya
45. Lithuania
46. Luxembourg
47. Macedonia
48. Malaysia
49. Maldives
50. Mauritius
51. Mexico
52. Monaco
53. Mongolia
54. Montenegro
55. Morocco
56. Namibia
57. Nepal
58. Netherlands
59. New Zealand
60. Norway
61. Paraguay
62. Peru
63. Philippines
64. Poland
65. Portugal
66. Puerto Rico
67. Qatar
68. Romania
69. Russia
70. Saudi Arabia
71. Serbia
72. Seychelles
73. Singapore
74. Slovakia
75. Slovenia
76. South Africa
77. Spain
78. Sri Lanka
79. Sweden
80. Switzerland
81. Syria
82. Thailand
83. Tunisia
84. Turkey
85. Ukraine
86. United Arab Emirates
87. United Kingdom of GB & NI
88. United States of America
89. Uruguay
90. Venezuela

lets compare Nigeria with order african countries listed in GDP - real growth rate;

1. Tunisia CIA fact book GDP world rank - 124
2. Morocco CIA fact book GDP world rank - 55
3. Libya CIA fact book GDP world rank- 217
4. Gabon CIA fact book GDP world rank - 28
5. Algeria CIA fact book GDP world rank - 111
6. Egypt CIA fact book GDP world rank- 150
7. south Africa CIA fact book GDP world rank- 143


Nigeria is at- 35 only exceeded by gabon
Re: Jonathan: Nigeria Will Join 20 Most Developed Countries By 2020 by abila122: 11:48pm On Nov 01, 2014
and the above are facts Google CIA world fact book to get the report in detail
Re: Jonathan: Nigeria Will Join 20 Most Developed Countries By 2020 by Sammy107d(m): 2:04am On Nov 02, 2014
abila122:

lets compare Nigeria with order african countries listed in GDP - real growth rate;
1. Tunisia CIA fact book GDP world rank - 124
2. Morocco CIA fact book GDP world rank - 55
3. Libya CIA fact book GDP world rank- 217
4. Gabon CIA fact book GDP world rank - 28
5. Algeria CIA fact book GDP world rank - 111
6. Egypt CIA fact book GDP world rank- 150
7. south Africa CIA fact book GDP world rank- 143
Nigeria is at- 35 only exceeded by gabon
taiwoflb:
Acording to International Monetary Fund (2013) Nigeria GDP world rank is - 20
Acording to List by the World Bank (2005–2013) Nigeria GDP world rank is- 20
Acording to List by the CIA World Factbook (1993–2013) Nigeria GDP world rank is- 30
So it is very possible to be among the 20 developed countries by 2020

GDP and GDP growth rate (per capita or absolute) have little to nothing to do with development. For example, we're have Africa's largest GDP and one of the highest growth rates, but we're not in the top 3 most developed. For example, Norway has about equal GDP as Nigeria, and lower than the US, but more developed in most metrics than both.

With extreme visionary leadership, far from what's currently tabled before us, we can probably get close to Libya and maybe Gabon, but that'll be a hard fight.

"The World Bank defines Libya as an 'Upper Middle Income Economy', along with only seven other African countries. Substantial revenues from the energy sector, coupled with a small population, give Libya one of the highest per capita GDPs in Africa. This allowed the Libyan Arab Jamahiriya state to provide an extensive level of social security, particularly in the fields of housing and education."

"In 1998 the budget allocation for education represented 38.2% of Libya's total national budget."

"In 2010, spending on healthcare accounted for 3.88% of the country's GDP. In 2009, there were 18.71 physicians and 66.95 nurses per 10,000 inhabitants. The life expectancy at birth was 74.95 years in 2011, or 72.44 years for males and 77.59 years for females."


But even with the above, Libya has severe problems with unemployment, infrastructure etc.. So Nigeria can probably beat them.. with visionary leadership. Still, that's one out of 100. How do we get to the top 20?
Re: Jonathan: Nigeria Will Join 20 Most Developed Countries By 2020 by Bifwoli: 5:03am On Nov 02, 2014
Sammy107d:


GDP and GDP growth rate (per capita or absolute) have little to nothing to do with development. For example, we're have Africa's largest GDP and one of the highest growth rates, but we're not in the top 3 most developed. For example, Norway has about equal GDP as Nigeria, and lower than the US, but more developed in most metrics than both.

With extreme visionary leadership, far from what's currently tabled before us, we can probably get close to Libya and maybe Gabon, but that'll be a hard fight.

"The World Bank defines Libya as an 'Upper Middle Income Economy', along with only seven other African countries. Substantial revenues from the energy sector, coupled with a small population, give Libya one of the highest per capita GDPs in Africa. This allowed the Libyan Arab Jamahiriya state to provide an extensive level of social security, particularly in the fields of housing and education."

"In 1998 the budget allocation for education represented 38.2% of Libya's total national budget."

"In 2010, spending on healthcare accounted for 3.88% of the country's GDP. In 2009, there were 18.71 physicians and 66.95 nurses per 10,000 inhabitants. The life expectancy at birth was 74.95 years in 2011, or 72.44 years for males and 77.59 years for females."


But even with the above, Libya has severe problems with unemployment, infrastructure etc.. So Nigeria can probably beat them.. with visionary leadership. Still, that's one out of 100. How do we get to the top 20?



A toast to you for an educated and realistic view.So many fools here are mistaking size of GDP for development but in reality that's NOT how it is measured.Even Botswana and Equatorial Guinea are not developed countries even though their per capita GDP is way above Nigeria's.China and Indonesia with gigantic GDP's are NOT regarded as developed nations either.

(1) (2) (Reply)

Drama As Jonathan Obasanjo, Meet / Photos :GEJ Attends Holy Ghost Service Of The Redeemed Church; Shakes Osinbanjo / "You Have Failed The Itsekiri People" Olu Of Warri Tell Gej Bluntly

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 23
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.