BREAKING NEWS-

Top 10 Fastest Growing Economies in Africa in 2018 (World Bank, IMF....)

[1] Ghana >>>>>>>8.3%
[2] Ethiopia >>>>>>8.2%
[3] Cote d'Ivoire>>>7.2%
[4] Djibouti >>>>>> 7.0%
[5] Senegal >>>>>>6.9%
[6] Tanzania >>>>> 6.8%
[7] Sierra Leone>>>6.3%
[8] Burkina Faso>>>6.0%
[8] Benin Rep>>>>>6.0%
[9] Rwanda>>>>>>>5.9%
[10] Niger Rep>>>>>5.2%
------------------
[41] NIGERIA>>>>>>1.9%,
Note: Nigeria was Number [1] in 2012, 2013, 2014 and 2015.
Also, Nigeria was the 3rd Fastest growing Economy in the World in 2014 now, the 88th.

I always feel very bad when people think this government has done well. See this source from World Bank, Brookings Institution, IMF.

From now onwards lets face facts

Nigeria stopped growing the day people with cheap worthless education brought change

What did we do to deserve this kind of change.........

deboysben:
BREAKING NEWS-

Note: Nigeria was Number [1] in 2012, 2013, 2014 and 2015.
Also, Nigeria was the 3rd Fastest growing Economy in the World in 2014 now, the 88th.

I always feel very bad when people think this government has done well. See this source from World Bank, Brookings Institution, IMF.

From now onwards lets face facts

Source for the bolded

What baffles me is the extent our government goes to produce fake news to it citizens...

Few months ago they created one fake Forbes site that had it source confusing .all to confuse the Citizens..

We Pray For Divine Intervention in our Country ..

Personally, it will be a Grave Disater to have his Excellency Pmb for another 4yrs...

Where is the link to this fake news.....

In 2014 and early 2015, Nigeria was named the third fastest growing economy in the world by CNNMoney, with China and Qatar, taking the lead at 7.3 percent, 7.1 percent gross domestic product (GDP) growth.

Read more at: https://www.vanguardngr.com/2016/04/from-world-3rd-fastest-growing-economy-nigeria-drops-out-of-top-15-in-africa/


https://www.vanguardngr.com/2016/04/from-world-3rd-fastest-growing-economy-nigeria-drops-out-of-top-15-in-africa/

docadams:


Source for the bolded

deji68:
In 2014 and early 2015, Nigeria was named the third fastest growing economy in the world by CNNMoney, with China and Qatar, taking the lead at 7.3 percent, 7.1 percent gross domestic product (GDP) growth.

Read more at: https://www.vanguardngr.com/2016/04/from-world-3rd-fastest-growing-economy-nigeria-drops-out-of-top-15-in-africa/


https://www.vanguardngr.com/2016/04/from-world-3rd-fastest-growing-economy-nigeria-drops-out-of-top-15-in-africa/

Ordinary citizen like me relies on what I see around me as the basis for forming an opinion. So if we attained such a lofty height then, how come the FG resorted to borrowing to pay salaries while many of the states where many months in arrears in salaries? Not a good sign of a fast growing economy.

We are still not doing bad....




Wait till we get to 690 position


Then we will shout

Well, with -1% to1,9% growth under PMB ...u see double digit inflation....double digit unemployment rate...weak Naira...We didnt see that under 7% growth borrowing to pay salary is not an economic indicator, if what u said is even true...

docadams:


Ordinary citizen like me relies on what I see around me as the basis for forming an opinion. So if we attained such a lofty height then, how come the FG resorted to borrowing to pay salaries while many of the states where many months in arrears in salaries? Not a good sign of a fast growing economy.

We need competence and capability leadership

The only thing that was driving the growth was oil money, when it falls, it took the growth with it. EOD

Even if the economy is second to last in the world, buhari would still win. Ipob should goan sleep in the lagoon

Just 3 years ago before Jonathan handed over to Buhari Nigeria was ranked the 4 th fastest growing economy and just 3 years under the Dullard it's ranked 41 in Africa ..What a shame ..

34webers , GavelSlam, Sarrki, LivelyMatilda come and see the kind of wicked mind you guys have

Sirjamo:
The only thing that was driving the growth was oil money, when it falls, it took the growth with it. EOD

it was never oil but prospect , prospect drives an economy but sadly under Buhari there is non

[s]

SalamRushdie:
Just 3 years ago before Jonathan handed over to Buhari Nigeria was ranked the 4 th fastest growing economy and just 3 years under the Dullard it's ranked 41 in Africa ..What a shame ..

34webers , GavelSlam, Sarrki, LivelyMatilda come and see the kind of wicked mind you guys have

[/s]
And despite the so-called oil you claim to be in your head, you still find it difficult to know the meaning of recession in an oil dependent economy. If the economy like, let it go further down, educated and intelligent Nigerians know exactly what happened. The likes Of NOI, SLS, Charles Soludo had warned before 2015 and these people are million times better than you in the knowledge of national economy. No amount of cheap blackmail can bring down buhari. Worse were done b4 2015 election and this time, he will win with much greater margin. Remain on nairaland and keep jumping from thread to thread while alternating username and at the same time be claiming multibillionair in dollars.

deji68:
Well, with -1% to1,9% growth under PMB ...u see double digit inflation....double digit unemployment rate...weak Naira...We didnt see the under 7% growth borrowing to pay salary is not an economic indicator, if what u said is even true...

Leave PMB out of it momentarily. You haven't addressed the issue I raised. Be categorical on the the veracity of my curiosity. If in doubt we can revisit it. So again I ask, why did we have to borrow to pay salaries in 2015 in the face of a fast growing economy?

[s]

SalamRushdie:


it was never oil but prospect , prospect drives an economy but sadly under Buhari there is non

[/s]
Continue jumping up and down on nairaland and be crying hardship, don't go and search for manual labour work if you can't get the one the requires brain. Buhari will remain president till 2023 and no room for any illegal business within the period.

dont mind him even under OBJ part 1 when oil was hovering around 30/B we never had this bad....

Country 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2016 2017
Nigeria 2.7 3.5 3.5 3 7.1 6.2 6.9 5.3 6.4 5.3 5.6 8.4 7.2 6.3 6.2 -1.7 0.8

SalamRushdie:


it was never oil but prospect , prospect drives an economy but sadly under Buhari there is non

docadams:


Leave PMB out of it momentarily. You haven't addressed the issue I raised. Be categorical on the the veracity of my curiosity. If in doubt we can revisit it. So again I ask, why did we have to borrow to pay salaries in 2015 in the face of a fast growing economy?

That is one of the question they will never answer, they will rather start pulling out some funny unrelated figures from their a$$es.

You asked for the proof, and i gave u... world bank data said we had the 3rd best GDP and the people could feel it back then.... why we borrow to pay salary or why countries like America , Germany borrow to fix their budget deficit is another topic, it has nothing to do with GDP....

docadams:


Leave PMB out of it momentarily. You haven't addressed the issue I raised. Be categorical on the the veracity of my curiosity. If in doubt we can revisit it. So again I ask, why did we have to borrow to pay salaries in 2015 in the face of a fast growing economy?

34webers:
[s][/s]
Continue jumping up and down on nairaland and be crying hardship, don't go and search for manual labour work if you can't get the one the requires brain. Buhari will remain president till 2023 and no room for any illegal business within the period.

You must be a Jihadi fundamentalist for you you want another 4 years of such uselessness... Well I can tell you this is Buharis last tenure

[s]

SalamRushdie:


You must be a Jihadi fundamentalist for you you want another 4 years of such uselessness... Well I can tell you this is Buharis last tenure

[/s]
Mr successful businessman with oil in wherever, the jihadi fundamentalist will remain the president till 2023, go in search of a legitimate job. Criminals will not have their way within this period.

34webers:
[s][/s]
Mr successful businessman with oil in wherever, the jihadi fundamentalist will remain the president till 2023, go in search of a legitimate job. Criminals will not have their way within this period.

yet Fulani terrorist are having their way ..Shame on you !!!!

Fastest growing economy in 2012 but borrowing to pay salary

[s]

SalamRushdie:


yet Fulani terrorist are having their way ..Shame on you !!!!

[/s]
Go and vote the igbo christian atiku, no one stops you. But las las, you better go and get a legitimate business if you dont want to remain a poverty stricken wailer for life.

And so called educated afonjas want this to continue because of narrow minded ethnic agenda of 2023? Yorubas have zero national interest at heart

APC zombies and terrorists on this thread trying to defend the destruction of Nigeria's economy by the inept Buhari junta. Their devilish plans for this country will never work, Buhari will be kicked like a donkey back to Daura and Aisha will slap his coconut head and tell him ntoooor

deji68:
In 2014 and early 2015, Nigeria was named the third fastest growing economy in the world by CNNMoney, with China and Qatar, taking the lead at 7.3 percent, 7.1 percent gross domestic product (GDP) growth.

Read more at: https://www.vanguardngr.com/2016/04/from-world-3rd-fastest-growing-economy-nigeria-drops-out-of-top-15-in-africa/


https://www.vanguardngr.com/2016/04/from-world-3rd-fastest-growing-economy-nigeria-drops-out-of-top-15-in-africa/

thanks for that anyway

deji68:
You asked for the proof, and i gave u... world bank data said we had the 3rd best GDP and the people could feel it back then.... why we borrow to pay salary or why countries like America , Germany borrow to fix their budget deficit is another topic, it has nothing to do with GDP....

You are derailing. Your thread is about fastest growing economies not GDP. In GDP terms, we are currently number 1 in Africa followed by South Africa. At this juncture, it is obvious you can't tie the loose ends together. We live here, we know what we have. Whenever statistics are pushed forth, we can't just swallow them without interrogating them. When Chief Ogbe? said we are the world largest producer of rice Nigerians rose to debunk it and rightly so. Even NOI cannot tenaciously hold on to the notion that we were the fastest growing economy when she was in charge. So many questions will arise eg what were those micro and macroeconomic activities that revved up the economy to such height? What was our balance of trade? Why did NOI sound the ression alarm earlier in 2014. And, of course, why did she had to burrow to pay salary surprisingly in the first quarter of the year 2015.