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Nairaland Forum / Nairaland / General / Politics / Nigeria's Economy: Headed For The G20? (2660 Views)
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Re: Nigeria's Economy: Headed For The G20? by DapoBear(m): 12:45am On Nov 13, 2010 |
Katsumoto:http://www.washingtontimes.com/news/2008/nov/03/cuba-embargo-slips-as-south-floridas-top-priority/ http://en.wikipedia.org/wiki/Cuban-American_lobby Piss of the Cuban Americans and you have no chance at competing in Florida, a pretty important swing state. If their resistance goes away, then so will the embargo. Kobojunkie:http://en.wikipedia.org/wiki/Helms-Burton_Act |
Re: Nigeria's Economy: Headed For The G20? by Nobody: 12:49am On Nov 13, 2010 |
Ibime said:
Actually your father could get free milk in 1960 because literacy rate was at 7% or thereabouts. Only a select few saw the four walls of a classroom. Today, with literacy rate at 75%, following the mass education programmes of post-independence Nigerian governments, there are millions more people being educated than the privileged few like your dad in 1960. This explains why there isn't enough free milk to go round anymore. As GDP dey grow, na so our suffer dey increase. Wrong again. At independence, infant mortality rates, as well as Under 5 mortality rates, were TRIPLE what they are today. Malnutrition rates were much higher, illiteracy ravaged the land. There was not a single university in the entire country, electricity supply was limited to less than 1% of the population - mostly colonial officers and the tiny new indigenous elite, roads were next to non-existent, cars were only for the extremely rich, and most people walked around barefoot! So please stop propagating the colonial MYTH that life was better in 1960s Nigeria than it is today. It was ten times worse. |
Re: Nigeria's Economy: Headed For The G20? by marian1000: 12:51am On Nov 13, 2010 |
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Re: Nigeria's Economy: Headed For The G20? by Katsumoto: 12:53am On Nov 13, 2010 |
DapoBear: You are kidding; the people in Washington are not influenced by local politics. Politics in Florida might be influenced to a lesser degree by Cuban exiles but make no mistake about it, Florida belongs to elderly white people. |
Re: Nigeria's Economy: Headed For The G20? by MissyB3(f): 12:54am On Nov 13, 2010 |
**Wrong thread** |
Re: Nigeria's Economy: Headed For The G20? by Kobojunkie: 12:58am On Nov 13, 2010 |
DapoBear: That very link explains to you that the embargo was from the US and not from the whole world. I am not sure what you do not understand in that. |
Re: Nigeria's Economy: Headed For The G20? by edoyad(m): 1:01am On Nov 13, 2010 |
Actually your father could get free milk in 1960 because literacy rate was at 7 % or thereabouts. Only a select few saw the four walls of a classroom. Today, with literacy rate at 75 %, following the mass education programmes of post- independence Nigerian governments, there are millions more people being educated than the privileged few like your dad in 1960. Lol , good point. People like romanticize the past when there were no roads and people lived in mud houses with straw roofing. But i doubt that figure of 75% literacy, is any country in Africa that literate ? |
Re: Nigeria's Economy: Headed For The G20? by Nobody: 1:07am On Nov 13, 2010 |
edoyad, I see you have a lot to learn about Africa. Some countries on the continent like Namibia and Equatorial Guinea are approaching 90% literacy. Here are the national stats on literacy: http://en.wikipedia.org/wiki/List_of_countries_by_literacy_rate |
Re: Nigeria's Economy: Headed For The G20? by DapoBear(m): 1:08am On Nov 13, 2010 |
Katsumoto: That is not how it works. If you lose the Cuban vote, you have no chance of winning Florida. Florida is a 50/50 proposition as is; neither side can afford to not fall in line on this issue. Kobojunkie: Yes, we all understand that. But if the US penalizes companies that trade with Cuba, then those companies won't take the risk. Here are some of the relevant provisions: [list] [*] International Sanctions against the Cuban Government. Economic embargo, any non-US company that deals economically with Cuba can be subjected to legal action and that company's leadership can be barred from entry into the United States. Sanctions may be applied to non-U.S. companies trading with Cuba. This means that internationally operating companies have to choose between Cuba and the US, which is a much larger market. [*] United States opposition against Cuban membership in International Financial Institutions. [*] Exclusion of certain aliens from the United States, primarily senior officials or major stock holders, and their families, of companies that do business in Cuba on property expropriated from American citizens. To date, executives from Italy, Mexico, Canada, Israel, and the United Kingdom have been barred. [*] Prohibits the completion of the Juragua Nuclear Power Plant. [/list] |
Re: Nigeria's Economy: Headed For The G20? by Katsumoto: 1:11am On Nov 13, 2010 |
edoyad: You are correct ROSSIKE: I am inclined to go with the statistics from the Economist which puts the figure at around 60%. I will search through the archives later. I doubt any stats that gives Georgia 100%. |
Re: Nigeria's Economy: Headed For The G20? by Kobojunkie: 1:11am On Nov 13, 2010 |
DapoBear: Sigh!!! List of companies doing business with Cuba [size=14pt] ----> [/size] http://liberatecuba.tripod.com/list.htm |
Re: Nigeria's Economy: Headed For The G20? by Katsumoto: 1:13am On Nov 13, 2010 |
DapoBear: Many non-US companies do business with Cuba and the US. |
Re: Nigeria's Economy: Headed For The G20? by Nobody: 1:15am On Nov 13, 2010 |
Katsumoto said: I am inclined to go with the statistics from the Economist which puts the figure at around 60%. I will search through the archives later. I doubt any stats that gives Georgia 100%. Katsumoto, sorry, but the Primary Source for national statistics is the United Nations and its agencies like UNICEF, not a private publication like The Economist. The stats I quoted from wiki, as stated on the page, were based on the United Nations Development Programme Report 2009. |
Re: Nigeria's Economy: Headed For The G20? by Katsumoto: 1:19am On Nov 13, 2010 |
ROSSIKE: The UN and its agencies get their figures from government departments which often fix figures to influence aid. I will trust a more credible publication like the Economist. That being said, its down to opinion really. |
Re: Nigeria's Economy: Headed For The G20? by DapoBear(m): 1:20am On Nov 13, 2010 |
Many non-US companies might do business with Cuba. But that doesn't accurately measure the negative impact. You look at the loss of companies and opportunities that would be available were the ban not in place, minus those that are present. Pointing to a few companies here and there that do trade doesn't suggest that this negative impact is not significant. And not being able to fully trade with the largest economy in the world, which happens to be only 90 miles away is going to be very harmful for an economy. |
Re: Nigeria's Economy: Headed For The G20? by Katsumoto: 1:23am On Nov 13, 2010 |
DapoBear: Are you suggesting that Cuba is a wonderful place to conduct business? Are you suggesting that Cuba has the right business climate? |
Re: Nigeria's Economy: Headed For The G20? by DapoBear(m): 1:30am On Nov 13, 2010 |
Katsumoto: Can the same argument not be made about Mexico? Certainly isn't a great place to do business, from what I've heard. Yet the positive economic impact of being right next to the biggest economy in the world is tremendous. At some point, being next to such a large economy is an overwhelming advantage, an advantage too large to be messed up even if one tries to do so on purpose. |
Re: Nigeria's Economy: Headed For The G20? by Katsumoto: 1:36am On Nov 13, 2010 |
DapoBear: But Mexico has many other attributes that Cuba does not have such as population, location - between the US and Latin America, border with the US, NAFTA etc. If you want to analyse Cuba, compare it with the rest of the Caribbean islands. Without the Marxist ideology and its resultant embargo, Cuba would be nothing more that a tourist destination like the rest of the islands. |
Re: Nigeria's Economy: Headed For The G20? by DapoBear(m): 1:45am On Nov 13, 2010 |
Cuba is FAR closer to the US than most of those carribean countries. 228 miles from Miami to Havana, and I think as little as 90ish miles at the two closest points. Also, those tourism dollars would not be small. Their per capita GDP is already $10k/per person. Hard for me to estimate how much access to American tourism would add to their economy, but it would be a large fraction of their current GDP. I mean, I don't see how this is really controversial. Unless somehow you think that free trade between the two countries would have minimal impact on the GDP of Havana. Not to mention the benefit of being able to directly export things like cigars, etc to the US. |
Re: Nigeria's Economy: Headed For The G20? by Kobojunkie: 1:52am On Nov 13, 2010 |
ROFLMAO!! |
Re: Nigeria's Economy: Headed For The G20? by Beaf: 1:54am On Nov 13, 2010 |
Abeg, good people, lets tone down arguments about Cuba, Mexico, Florida etc and focus on how best to improve the structures that can take Nigeria foward. In my opinion, we need to deviate from our current unitary system to true federalism, we can fill books discussing the benefits of such a move. It will have the effect of turning an old worn out, near dead goat into an all conquering, hyper-randy sire! We also need to treat the scale of illiteracy in the country as a national emergency and create unorthodox but effective ways of rapidly educating our people. |
Re: Nigeria's Economy: Headed For The G20? by marian1000: 1:54am On Nov 13, 2010 |
Hi Love, I am a beautiful young and charming girl looking for real love and protection, I have gone through your profile and am very happy to contact you for us to know ourselves. You know that distance, age and indeed color cannot stop true love. So darling, I would appreciate if you send Email to my private Email box: ( marian.maian39@yahoo.com ) So that i can send my pictures and more information about my self to you. I wait for your positive reply, Yours in love Marian. |
Re: Nigeria's Economy: Headed For The G20? by Nobody: 1:55am On Nov 13, 2010 |
katsumoto said: The UN and its agencies get their figures from government departments which often fix figures to influence aid. I will trust a more credible publication like the Economist. That being said, its down to opinion really. The UN most certainly do NOT get their basic indicators of the nations from government departments. And if the govts ''fixed figures to influence aid'', why would the figures be showing improvements as opposed to regression? Figures implying regression would lead to more aid not less. The UN sends in teams of highly trained research personnel into every country and conducts proper, independent field studies. The Economist is a private paper with no known research methodologies, and certainly nowhere near the number or quality of research staff the UN deploys in its national surveys. |
Re: Nigeria's Economy: Headed For The G20? by oderemo(m): 2:31am On Nov 13, 2010 |
very interesting topic away frm ethnic nonsense. Nigeria literacy is no where near that figure in the north where common communication is still a barrier @ transacting bus. Govt. Need to tackle this area to power fwd the economy. @beaf, was driving home last wk when the info. Minister was giving some figures on amt awarded for transformers, power plants, etc all over the country. Have u those figures pls.? If implemented that will be the clincher |
Re: Nigeria's Economy: Headed For The G20? by Katsumoto: 8:16am On Nov 13, 2010 |
Beaf: I actually have a preference for confederationism but considering the current state of affairs in Nigeria, true federalism is not a bad idea. Either can lead to development and growth in all areas of Nigeria. |
Re: Nigeria's Economy: Headed For The G20? by MaiSuya(m): 9:03am On Nov 13, 2010 |
Now isn't this a refreshing change from the tribal smut that had characterized politics section in the past few days. This is what politics section is--or should be-- known for: intellectually stimulating debates, where differences in opinion need not resort to tribal mudslinging. Keep it coming guys! |
Re: Nigeria's Economy: Headed For The G20? by Katsumoto: 12:35am On Nov 14, 2010 |
DapoBear: I read a piece today about Cuba that I want to share with you; see below. You can click on the link to read the whole article. 'In all this Mr Castro is bowing to reality. He has been withering in his criticism of the featherbedding that has bankrupted the state. He has also refused to blame the American economic embargo for problems which he rightly says are self-inflicted. His pragmatism has finally won out against his brother’s doctrinaire Utopianism.' http://www.economist.com/node/17463463?story_id=17463463&fsrc=rss |
Re: Nigeria's Economy: Headed For The G20? by DapoBear(m): 12:45am On Nov 14, 2010 |
Katsumoto: Thanks for the article, I liked it. So you seem to be of the opinion that the lion's share of the blame for Cuba's economic problems go to the economic system they run, not necessarily the blockade, yes? But I hope you see how that doesn't conflict with my own position regarding what impact lifting the embargo would have on the Cuban economy (or at least, I don't see the contradiction, point it out if you see one.) |
Re: Nigeria's Economy: Headed For The G20? by Katsumoto: 12:54am On Nov 14, 2010 |
DapoBear: I get your point but the causes are not mutually exclusive. Cuba can solve both problems by loosening its grip and embracing state capitalism like Deng Xiaoping did in 1978. From the article, you can tell that Raul has started to move Cuba in that direction. |
Re: Nigeria's Economy: Headed For The G20? by DapoBear(m): 1:16am On Nov 14, 2010 |
Katsumoto: Agreed. Raul sounds pretty legit. |
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