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How Much Is Nigeria Worth - Politics - Nairaland

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How Much Is Nigeria Worth by buzugee(m): 4:38pm On Feb 23, 2011
if you tabulate the price of the land, all the resources in it and all the structures on it how much do you think nigeria is worth ? $ 1 TRILLION DOLLARS ? more ? less ?
Re: How Much Is Nigeria Worth by buzugee(m): 4:44pm On Feb 23, 2011
kinda puts into perspective why people fight and die for pieces of land, cuz therein lies our existence. land produces food. land produces minerals, land produces housing, land produces clothes, land produces cars. WOWWWWWWWWWW. land is magnanimous
Re: How Much Is Nigeria Worth by seanet02: 4:51pm On Feb 23, 2011
Minus One Naira
Re: How Much Is Nigeria Worth by buzugee(m): 6:31pm On Feb 23, 2011
seanet02:

Minus One Naira
grin you dont say
Re: How Much Is Nigeria Worth by Sunofgod(m): 6:38pm On Feb 23, 2011
How long is a piece of string?
Re: How Much Is Nigeria Worth by buzugee(m): 7:12pm On Feb 23, 2011
Sun of god:

How long is a piece of string?
you do know that quantity surveyors have tallied how much great britain is worth. http://news.bbc.co.uk/2/hi/uk_news/3158968.stm

britain is worth 5 trillion pounds
Re: How Much Is Nigeria Worth by buzugee(m): 7:13pm On Feb 23, 2011
it has jumped to 6.7 trillion dollars http://www.statistics.gov.uk/cci/nugget.asp?id=479
Re: How Much Is Nigeria Worth by chosen04(f): 7:16pm On Feb 23, 2011
@Poster,

Your question should have been- What is the highest amount U (one) can pay for niGERia?
Re: How Much Is Nigeria Worth by Beaf: 7:20pm On Feb 23, 2011
Nigeria is worth our oil reserves and not a Kobo more. We are a mono-economy, without oil everything will turn as worthless as the Zimbabwean Dollar did.
A useless country that can't manufacture a pin, yet has bundles of brains and talent. A worthless country that despices those slaves from whose polluted lands the nations milk and honey flows.
Re: How Much Is Nigeria Worth by Beaf: 7:23pm On Feb 23, 2011
chosen04:

@Poster,

Your question should have been- What is the highest amount U (one) can pay for niGERia?

If you were a foreigner and all parts Nigeria were up for auction, what would you bid on?
Re: How Much Is Nigeria Worth by buzugee(m): 12:56am On Feb 24, 2011
chosen04:

@Poster,

Your question should have been- What is the highest amount U (one) can pay for niGERia?
good question but i aint loaded like that. but considering the stock of real estate and minerals in the ground and the sheer size of the place i will say nigeria is worth about 8 trillion dollars
Re: How Much Is Nigeria Worth by buzugee(m): 12:57am On Feb 24, 2011
Beaf:

Nigeria is worth our oil reserves and not a Kobo more. We are a mono-economy, without oil everything will turn as worthless as the Zimbabwean Dollar did.
A useless country that can't manufacture a pin, yet has bundles of brains and talent. A worthless country that despices those slaves from whose polluted lands the nations milk and honey flows.
dont forget the housing stock now. we got some prime real estate grin
Re: How Much Is Nigeria Worth by Beaf: 1:11am On Feb 24, 2011
buzugee:

dont forget the housing stock now. we got some prime real estate grin

Without the single driving force of the economy, real estate will decay and be worthless.
Re: How Much Is Nigeria Worth by buzugee(m): 2:51am On Feb 24, 2011
Beaf:

Without the single driving force of the economy, real estate will decay and be worthless.
strong point but the fact still remains that our hustle is oil. every nation has its own hustle. when oil becomes irrelevant we will diversify as needed
Re: How Much Is Nigeria Worth by Beaf: 3:11am On Feb 24, 2011
buzugee:

strong point but the fact still remains that our hustle is oil. every nation has its own hustle. when oil becomes irrelevant we will diversify as needed

If our hussle was our intellectual assets, like obtains in Japan (a country with almost zero natural resources), then it would have been impossible to fix a price on Nigeria. But right now, all one needs do is multiply our 37 billion barrells of crude by the going rate.

Nigeria's worth at this mo is:
37billion x $100.00 = $3.7tr
Re: How Much Is Nigeria Worth by buzugee(m): 3:26am On Feb 24, 2011
Beaf:

If our hussle was our intellectual assets, like obtains in Japan (a country with almost zero natural resources), then it would have been impossible to fix a price on Nigeria. But right now, all one needs do is multiply our 37 billion barrells of crude by the going rate.

Nigeria's worth at this mo is:
37billion x $100.00 = $3.7tr
time to join us in this world beaf. get your head out of the clouds. fact is, intellectuality is not our hustle. like my african american brothers say 'we will take it anyhow it comes'
right now, oil is how it is coming.
Re: How Much Is Nigeria Worth by buzugee(m): 3:31am On Feb 24, 2011
keep in mind Beaf, when you calculate how much a country is worth, you are calculating the minerals, and real estate stock of that country, not intellectual assets.
Re: How Much Is Nigeria Worth by GAR3TH(m): 4:29am On Feb 24, 2011
buzugee:

keep in mind Beaf, when you calculate how much a country is worth, you are calculating the minerals, and real estate stock of that country, not intellectual assets.

Your also calculating the human resources such as population, average age and trades. Climate, geography, Agriculture and Water resources also affects the price along with access to seas and oceans (ports). Not to mention the Mineral Resources like you mentioned.

Congo [DRC] is currently the richest country in the world (in terms of mineral wealth)with $24 Trillion of mineral resources still yet to be tapped. not including the other types of resources such as agriculture.

on that Note I think that Nigeria in total is worth about $20-30 Trillion.

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