9jaganja:

Nigerians are just too incorrigible. Who has compared Ghana to Nigeria on this thread? apart from the guy who thinks size matters in economic development. Canada is only 32mil and has one of world's top economies. Don't get the idea of this thread wrong. It's not about comparing Ghana with Nigeria, it's about economic situations in West Africa. Some loons just want to sound intelligent by saying what they think is intelligent but saying peanut butter when dodging bullets doesn't make you intelligent does it? I'll advice you take critical thinking course in school that way you will know how not to betray an author's intention when analyzing his or her arguments. You don't sound intelligent at all, you sound stoopid to me. If you don't know the intention of an author, you shouldn't make any conclusion. All you have to do is ask. Dumb nuts Just read and talk about policies that betrayed Ghana's economies instead pointing accusing fingers.

davidif:

Its amazing how people think that size have anything to do with development. What of the netherlands and the other European countries with there tiny populations, are they not developed countries? Just look at israel with a population of around 7.5 million, are they not also developed?

CarlosVent:

Ghana is stil beter in organised govment and also development dan Nigeria.
this report is an old report 6yrs ago not now dat ghana is doing absolutely well.

seanet02:

Its a big lie, dont trust this forbes people, was it not the same people that told us that otedola and dangote are worth billions of naira, only for sanusi to blow the rock that this people are living on other peoples money through bank debts they never wanted to say back. Forbes my foot.

Gbawe:

Even as I agree with some of what you wrote , the part in bold is , frankly, impossible. No Country in West Africa has the innate potential to become the "economic powerhouse of West Africa" ahead of Nigeria. It is simply not possible because of the huge disparity in human and natural resources between Nigeria and other West African nations. Our population, labour Market (skilled and unskilled) , natural endowment and vast goods/services consumer market (that saw Nigeria become one of the fastest growing telecom market in the world) are serious economic considerations no West African nation has or can gain anytime soon !!!!

In fact if Nigeria continues to be misruled for the next 50 years and other nations , such as Ghana and CIV,  operate at optimum we will still not see any West African nation become an economic regional powerhouse above Nigeria. Other West African nations , and most African nations, simply do not have our diverse range of endowment we are currently seriously under-utilising while the likes of South Africa and Egypt are now essentially as developed as they will possibly ever be !!!!

South Africa cannot suddenly increase its population from 58 million to 120 million overnight and it will struggle to further diversify its already optimally diverse economy. Nigeria on the other hand has an economy that , worldwide, probably has the greatest potentials for diversification with the attendant opportunity for generating the type of new and economically transformational income others can only dream of !!!! It is inept leadership thats has kept Nigeria obtusely focused entirely on oil alone when there are myriads of non-oil potential income generators !!!!

We must operate within the realm of reality and not fantasies bandied about popularly. Do you , for example, know that of the top 50 companies in West Africa (2010) 42 are from Nigeria while 4 are from CIV and 3 from Ghana?

Do you know that many respected non-African (and therefore non-partisan) economic analyst have posited that the Nigerian economy may become the biggest in Africa (toppling South Africa) as early as 2011-2012?

there are too many other indices that show , even with abject mismanagement of its resources, just how economically far ahead Nigeria is in comparison with other West African nations . Suffice to say that if Nigeria , assisted by good leadership, operates optimally for the next 10 years it can become something few nahttp://234next.com/csp/cms/sites/Next/Money/Finance/5580349-146/poor_infrastructure_takes_shine_off_cbn.csptions in Africa (and non in West Africa) can become - one of the top 20 economies of the World in the near future.

K4:

Pathetic, indeed very pathetic! H-u-r-r-a-y! Let's celebrate the fact that the Ghanaian economy is not doing so well after all. But I have a simple question for you. Is the Nigerian economy doing very well?

I was in Nigeria two weeks ago and arrived in Ghana about a week ago. I was struck by the vibrancy in the Ghanaian system. The statistics don't tell the true story.I can tell anyone who cares to listen that things are moving in the right direction here in Ghana. Brand new cars,new magnificent shopping malls,mansions,a boom in the real estate industry, descent salaries etc.It may not sound like a big deal but arriving from Nigeria I think the current atmosphere in Ghana is very, very positive.I have seen lots of oil companies making their presence felt in Ghana. Generally things are really looking up for Ghana at the moment. I also think the oil industry will significantly transform the Ghanaian economy. And nobody should under-rate the impact of oil and gas.

I was struck by the vibrancy in the Ghanaian system.

[b]Brand new cars,new magnificent shopping malls,mansions,a boom in the real estate industry, descent salaries etc.[/b]It may not sound like a big deal but arriving from Nigeria I think the current atmosphere in Ghana is very, very positive.

Princek12:

Why is this on NL, especially on front page? Who gives a hoot about Ghana's economy doing bad? We need to worry first about our own economy.

davidif:

Oh boy! we have a communist on board.

davidif:

All of you who know nothing about economics and who always say no to foreign companies or that we should "support our own" at the expense of foreign investment, well this is what happens. Ghana better open up its market as soon as possible and enough of this protectionism nonsense. This is one of the reasons i can't stand politicians who pander to popular sentiments at the expense of good economic policies.

paddy_lo:

In capitalist system wealth is usually skewed which forms the incentive for ppl to work and get to the top


P.S. .South Africa and Brazil. . are the 2 most unequal countries on earth. .
Nigeria is pretty much in the middle. . i'll find a chart for u

Dis Guy:

BECAUSE WE NEED TO FEEL GOOD ABOUT OURSELLF UNFORTUNATELY
the man in a ferrari doing 10mph comparing himself to a 504 how sad

Ibime:



Whilst you were typing this nonsense, Nigeria's manufacturing industry is busy relocating to Ghana.

If wealth disparity is attributable to the spirit of entrepreneurship, then let Ghana be our model.

Again, if you look at any percentile analysis, the average Nigerian is no better off than the average Ghanian. Thats why the average Nigerian votes with his feet by moving to Ghana.

ghana as always been in debt- but they manage money well- I mean its like America looks good from the outside.

Nigeria is the BEST PLACE TO INVEST

I read somewhere that its good to invest where theres economic growth and less debt.

But it depends on how you look at it the most developed countries are in debt and the most underdeveloped countries arent but still maintain a growing economy.

Shytnis:

Really, why do Nigerians always like these petty comparisons. Anybody in the know will tell you that Ghana has better and quality life than Nigeria.
Secondly, when you analyze a country's economy in terms of GDP, you have to consider how many people the nation has to feed. For instance, it's a fact that Nigeria's GDP is second in Africa but still about half the population lives in poverty.

K4:

Pathetic, indeed very pathetic! H-u-r-r-a-y! Let's celebrate the fact that the Ghanaian economy is not doing so well after all. But I have a simple question for you. Is the Nigerian economy doing very well?

I was in Nigeria two weeks ago and arrived in Ghana about a week ago. I was struck by the vibrancy in the Ghanaian system. The statistics don't tell the true story.I can tell anyone who cares to listen that things are moving in the right direction here in Ghana. Brand new cars,new magnificent shopping malls,mansions,a boom in the real estate industry, descent salaries etc.It may not sound like a big deal but arriving from Nigeria I think the current atmosphere in Ghana is very, very positive.I have seen lots of oil companies making their presence felt in Ghana. Generally things are really looking up for Ghana at the moment. I also think the oil industry will significantly transform the Ghanaian economy. And nobody should under-rate the impact of oil and gas.

xterra2:

People agitating that Ghana is good and better than us should be ashamed,by this report Ghana is no match to the Federal Republic Of Nigeria,
Months back,a thread here said Rivers state alone is richer than ghana(am i correct?**not so sure)
No matter what in Naija,Ghana wont be better than us economically,iinfrastructucally,militarically,educationally,(we have better students),man powerically,wealthically (pardoon my 'cally' pls)
The only way they can be better than us is in Sports
And Those that said Ghana powerhouse of W/Africa are damn wrong WE were,WE are and We will still be
And the beginning of the report said 1 gigawatt of power please let us have than in Naiija and our improvement of 7% will go have in double-digits it can be safe to assume than it would be at least double the 7% ,
Without power,security and so on our economy is damn improving we were said to be 33rd and South africa growth is 4% ours 7% without power,like i said (South africa isnt secure itself it has high crime rate)
Besides,if our government decides to diversify our economy,,tap into coal,goal,tin,e.t.c all of our MANY MANY natural resources + go into Agriculture in the north most especially with our high human manpower Ghana is poo,it is still poo though,,,,,we could beat South afric ain no time and be into G-20

Sisi_Kill:
I guess since we've finished solving our own problems, it's time to look out for our Ghanian brothers.

Well done Nigerians!.

Well said, fellow Nigerian 

xterra2:

@agbaI23 =STFU! we r debating here and if you wont take part in the argument GTFO, go to your beer parlour anad dnt come back this is a debate not a beer parlour madness
@9jaganja- you smoke ganja i see if you wont debate STFU and GTFO! go smoke some more ganja retard
And you people at least i said something adding to the debate, (well xpext dis)

9jaganja:

I opened this thread not for competitive but constructive debate. You are just blabbing about Nigeria is better than Ghana. And you really don't wanna take word o mouth with me. Just stop posting if you can't construct simple analysis with your brain. No one is debating you you. Do you have down syndrome or something?

9jaganja:

I opened this thread not for competitive but constructive debate. You are just blabbing about Nigeria is better than Ghana. And you really don't wanna take word o mouth with me. Just stop posting if you can't construct simple analysis with your brain. No one is debating you you. Do you have down syndrome or something?

xterra2:

Okay you mad ganja man in my post what did i say? i didnt neccessarily said We are better(not competiting -happy?) but higlighting our economic potential and some of the reasons why Ghanas economy cant be better than us and also some of the ways we can improve our economy but you smoked too much ganja you cant understand that,
I see you dont have common sense and btw, you damn dont know what down syndrome is so dont mention it again unless you bing it

xterra2:

People agitating that Ghana is good and better than us should be ashamed,by this report Ghana is no match to the Federal Republic Of Nigeria,
Months back,a thread here said Rivers state alone is richer than ghana(am i correct?**not so sure)
No matter what in Naija,Ghana wont be better than us economically,iinfrastructucally,militarically,educationally,(we have better students),man powerically,wealthically (pardoon my 'cally' pls)
The only way they can be better than us is in Sports
And Those that said Ghana powerhouse of W/Africa are damn wrong WE were,WE are and We will still be
And the beginning of the report said 1 gigawatt of power please let us have than in Naiija and our improvement of 7% will go have in double-digits it can be safe to assume than it would be at least double the 7% ,
Without power,security and so on our economy is damn improving we were said to be 33rd and South africa growth is 4% ours 7% without power,like i said (South africa isnt secure itself it has high crime rate)
Besides,if our government decides to diversify our economy,,tap into coal,goal,tin,e.t.c all of our MANY MANY natural resources + go into Agriculture in the north most especially with our high human manpower Ghana is poo,it is still poo though,,,,,we could beat South afric ain no time and be into G-20