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Nairaland Forum / Nairaland / General / Politics / The Best Way To Measure Economic Growth Is By GDP Not IGR (1368 Views)
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The Best Way To Measure Economic Growth Is By GDP Not IGR by NotProphet: 5:02am On Oct 26, 2023 |
I usually laugh at the ignorance of most of the people from SW using IGR as a parameter for economic growth. What Is the Major Measure of Economic Growth? While there are a number of different ways to measure economic growth, the best-known and most frequently tracked and reported measure is gross domestic product (GDP). It is really funny seeing them trolling other regions because of IGR. Attached is the current GDP ranking of Nigeria states. This is what the world use to measure development. But my SW people always want to change narrative to suit their agendas 1 Like
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Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by Iamanoited: 5:26am On Oct 26, 2023 |
IGR IS NIGERIA INVENTION AND A SENTIMENTAL HOOKS AND CROOKS MEASURE OF PROGRESS. 7 Likes 3 Shares |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by Iamanoited: 5:29am On Oct 26, 2023 |
[quote author=Iamanoited post=126617093]IGR IS NIGERIA INVENTION AND A SENTIMENTAL HOOKS AND CROOKS MEASURE OF PROGRESS. DOLLAR IGR/GDP IN PROGRESS IN NIGERIA. |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by MS2471: 6:05am On Oct 26, 2023 |
Se afi SE nii Obsession with Yoruba Gross Domestic Product.... Total Product and services offered Internal Generated Revenue.... How much tax people voluntarily paid to the government from their income 5 Likes 2 Shares |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by NotProphet: 6:10am On Oct 26, 2023 |
MS2471:Obsession kill u U guys keep lying to yourselves on a daily basis I hope when u guys finally realised it, it won't be too late 4 Likes |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by Racoon(m): 6:12am On Oct 26, 2023 |
IGR is just an economic taxation slavery. 6 Likes 3 Shares |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by MS2471: 6:12am On Oct 26, 2023 |
NotProphet: Don't you have anything to focus on with your life except what Yoruba does or doesn't do Are your fellow Ibos proud of your obsession . 9 Likes 1 Share |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by NotProphet: 6:18am On Oct 26, 2023 |
MS2471:U guys are really the ones obsessed with the igbos We see how u guys turn everyone against u as igbos on a daily basis here na🤣🤣🤣 I could have possibly be from the North or SS or even SW But because my post doesn't aligned with your propaganda, therefore am igbo 😁😄 9 Likes 1 Share |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by Corn247: 6:21am On Oct 26, 2023 |
So kogi has better economy than oyo. Its ok o 3 Likes 2 Shares |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by ozo13(m): 6:24am On Oct 26, 2023 |
Bayelsa first 10 and one of the poorest state. Nawao 2 Likes |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by NotProphet: 6:31am On Oct 26, 2023 |
ozo13:Bayelsa is poor?🙄🙄 |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by NotProphet: 6:32am On Oct 26, 2023 |
Corn247:You have any contrary facts? 2 Likes |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by Corn247: 6:40am On Oct 26, 2023 |
NotProphet: You only need to have sense to know this is complete nonsense. 5 Likes 1 Share |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by NotProphet: 6:42am On Oct 26, 2023 |
Corn247:🤣🤣 It only makes sense when it suit u abi😁😁 |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by ozo13(m): 7:03am On Oct 26, 2023 |
NotProphet:let me help you since u are doubting it
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Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by NotProphet: 7:11am On Oct 26, 2023 |
ozo13:Bayelsa is just poor management of resources They are among the top earners in federal monthly allocations Despite the small size of the state yet no meaningful development 1 Like 1 Share |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by yoruboid: 7:33am On Oct 26, 2023 |
GDP is the easiest thing to lie about but your revenues don’t lie It’s obvious that the GDP of Ogun is higher than that of all the SE states put together but they can keep deceiving themselves GDP that cannot generate revenue… Is that one GDP? 5 Likes |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by EcoNews: 7:40am On Oct 26, 2023 |
Pls who is arguing this with your Igbo father ? Everyday many of you miserable n foolish cursed Igbos wake up with the superior Yoruba tribe ringing in your medulla. Was your miserable Igbotic pathetic bigoted soul able to sleep peacefully over the night before rushing to create a thread about the Yorubas who gives no furk if you n your father rot in hell. Or in hellfire ?! NotProphet: 3 Likes |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by huptin(m): 7:41am On Oct 26, 2023 |
IGR determines sustainability, Nigeria has the largest GDP in Africa, but it is currently facing severe revenue challenges, if these challenges are not resolved in good time, the country may not survive, 1 Like |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by mrvitalis(m): 7:44am On Oct 26, 2023 |
Corn247:Are you joking? Do you know the mineral mining going on in kogi? Do you even know how economy is measured? 3 Likes |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by mrvitalis(m): 7:44am On Oct 26, 2023 |
NotProphet:Lol this people no dey travel they just wake n write anything This list is done by world Bank so you know no sentiment 1 Like |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by NotProphet: 8:15am On Oct 26, 2023 |
EcoNews:So i am now igbo?🤣🤣🤣🤣 Igbos na really una nightmare 2 Likes |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by BrodaBenad: 8:34am On Oct 26, 2023 |
yoruboid: So world bank is now decieving themselves Disappointed SW!ne 1 Like |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by HitlerWasRight: 8:38am On Oct 26, 2023 |
NotProphet: IGR is directly related to GDP. IGR is mainly due from taxation of both production and consumption both of which are directly correlated to GDP. You can only tax both production and consumption . Production in the form of corporate/income tax and consumption in the form of VAT . Both of these taxes make up IGR. And both of these are only generated in an economy with strong Gross Domestic Production. Illiterate Aba economists. 4 Likes 1 Share |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by HitlerWasRight: 8:39am On Oct 26, 2023 |
Iamanoited: Can you tax where you have neither production not consumption ? Fools. |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by HitlerWasRight: 8:42am On Oct 26, 2023 |
MS2471: You dey mind the fools ? In their village in Anambra they are now placing head tax on every non indigene under the guise of security levy because there is no single production . Tinubu should ensure the VAT ruling secured by both Rivers and Lagos state is enforced . The time of sharing VAT from SW and SS to parasitic SE and north is over. 3 Likes 1 Share |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by NotProphet: 8:47am On Oct 26, 2023 |
HitlerWasRight:are you done? now ebonyi with IGR 10times less than what Ogun is generating has roads that are far far better than what ogun has. what have they been using the IGR to do? loot and loot and leave the state in ruined. ogun has already tells u that IGR is not equivalent to development. so rest 1 Like |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by HitlerWasRight: 8:47am On Oct 26, 2023 |
BrodaBenad: Fool, Germany has both the biggest economy as deduced from GDP and also the highest tax revenue base in Europe. In the US, the two largest economies , California and New York , account for highest county, state and federal tax revenue base. If Mr A pays #1500 in taxes and Mr B pays #5000 in taxes and both are resident in the same tax code area, who earns more ? 2 Likes |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by NotProphet: 8:53am On Oct 26, 2023 |
yoruboid:revenue that cannot translate to development, is that one revenue? ogun generate IGR more than all the SE states put together according to you, but yet lack basic amenities. a poor small Ebonyi state has far more better roads than ogun state. what are ur politicians doing with the supposed money been generated? how can a state claim to generate revenue more than a region, yet no world class infrastructure in that state. what a big shame 1 Like |
Re: The Best Way To Measure Economic Growth Is By GDP Not IGR by HitlerWasRight: 8:54am On Oct 26, 2023 |
NotProphet: Fool, Ebonyi roads and whatever infrastructure carried out and completed by Dave were all commissioned from loans in lieu of federal allocations. Where did Dave see the money to build flyovers in his village and a moribund airport in Abakileke? Dave even said it openly that Ebonyi depends on federal handouts to which he has borrowed the future of Ebonyi state welfare cheques to build substandard roads and flyovers in lieu of federal allocations. Will those roads generate money on their own ? Won't those same roads require maintainance in future ? And who benefited from these projects if not Dave himself who awarded every single contract for 8ys to his own personal company? You are completely inept and don't have a clue of what you are talking about. Face whatever petty trade you are into and leave economics for people who at least have a formal understanding of its basic principles. 1 Like |
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