Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,150,352 members, 7,808,229 topics. Date: Thursday, 25 April 2024 at 09:09 AM |
Nairaland Forum / Nairaland / General / Politics / Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan (12116 Views)
Metuh: Nigerians Blast Chicken Republic For Mocking Him With Their Advert (pics) / PHOTO: Have You Seen This Advert Mocking Jonathan? / Apc's Habit Of Mocking Jonathan's Relationship With God (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Nobody: 5:51pm On Jun 30, 2012 |
eedriyz: The OP is obviously a GEJ's lover. But no matter what he or anybody thinks, no matter what is happening in Ghana, the prof said d truth about GEJ! It's GEJ that should fasten his seat belt and let us see results instead of his boring talks. His "we will crush BH by June", turns out to be BH crushing us. He's just an ambitious fool. Damn him as he gave no damn about uswow! Anoda mad man on d scene. U knw wat? I tink I lik u, especially because ur comment holds no validity, or atleast I shud say u're one of dose attention seekers. May b u shud try calling ur fada fool. Don't call someone a thief until u hav d opportunity of becoming one. Next time pls try n b constructive in reeling ur opinion or stop visiting dis section. ''ewu''. |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Nobody: 5:57pm On Jun 30, 2012 |
Thank God they said he is a paid consultant who speaks the mind of his clients which means he doesn't speak his mind but that of who paid him and I once stated that this man was paid to say what he said about GEJ and Nigerians. Soon we will know who paid him |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Umunede(m): 6:57pm On Jun 30, 2012 |
I live among them. D greatest prblm de have is dat de are very very lazy. 80% of biz in ghana are owned by naija people even phone and cd. Their women are hardworking but their men is very lazy, na just de pursue women. That is why their women prefer to marry nigerians. I am not surprise at all. |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by edicolove: 7:03pm On Jun 30, 2012 |
gboss4sure: Thank God the said he is a paid consultant you speaks the mind of his clients which means he doesn't speak his mind but that of who paid him and I once stated that this man was paid to say what he said about GEJ and Nigerians. Soon we will know who paid him The biggest mistake GEJ haters are making is this: if you throw so much dirt at someone and he is able to contain it, he emerges a lot stronger and gains the advantage. They are only ensuring GEJ'ls landslide in 2015. Once the power reforms enter the next phase and power improves next year, and the agric reforms start yielding results, they will be soooo ashamed to show their faces and PDP will sweep the southwest in 2015. Secondly, I find it funny when GEJ haters come here and post that most Nigerians don't like GEJ. Well, maybe on twitter. Because on the streets, that's not the case. Most Nigerians on the street still see GEJ as a man who has good intention for Nigeria and is only being distracted by BH. I watched the various ministries giving their one year report this evening and its was amazing how much work has been done in one year particularly in agric, works, housing, foreign affairs, avaition, health and power. All with verifiable pictures and video. But then the anti GEJ camp are too scared to admit it. They will even tell you he hasn't achieved one thing. When you draw their attention to something they can't deny, they will quickly fire back by saying it was done by Yaradua or OBJ. One even challenged me the other day and claimed the Benin Ore road was done by Yaradua. A road that was sooo terrible as at January 2011. If you point them to another one, they will say its the person in charge that's working and not GEJ and that GEJ has nothing to do with it, even when its GEJ that appointed the person. One even praised Dasuki for visiting borno and said GEJ had no clue, like Dasuki appointed himself or Dasuki was working for himself. The simple answer for these guys is just more work. Soon, they will completely shut their smelly trap! Lol |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Nobody: 7:35pm On Jun 30, 2012 |
eGuerrilla:Watch the date of your LINKS. Every nation has stories of progress and praises. Now, it is 2012 Ghana economy has been seen as a failure in the future for some reasons presented by Forbes. Nigerians are one of the survivals of the informal and some part of the formal economy of Rat Ghanaians. 1 Like |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Mandelaguy(m): 7:49pm On Jun 30, 2012 |
@ojobojo1,can you listen to urself? I am really ashamed of you. |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by betrani(m): 8:17pm On Jun 30, 2012 |
ballabriggs: Hehehe a rubbish article from no other than Reno Omokri and Oronto Douglas. Thank God the figures are there on all international databases. Go to UNCTADstat, IMF WEO database or even the UNDP database, Nigeria is below Ghana in most economic indicators."Those who spend time to watch a mad man eat from a refuse bin, are equally mad people" In describing a country's economy, u first consider its population relative to d per-capita income, Its resource base, Industrialization, government policies relative to socio-economic activities etc! Unfortunately for most countries; when economists make so much noise with some experimental theories, the fail to think about human behaviours, not in wants, needs, preferences but interms of corruption, ethnicity and morality! All these I just mentioned are really our problem in nigeria, if Ghana has better human beings with better moralit, with a less ethnic influence on politics and economic policies; then there is no basis for comparison! A smaller country with sensible people can grow to become a world power! Japan is a very Good example! If a bigger country with a larger population has sensible people; it becomes a force to reckon with(china) and if a larger country with a larger population of greedy people, selfish people and ethnically shackled by "self-interest" driven by corruption! Mismanages its abundant wealth, it can be brought to its knees; (Nigeria); summary of the whole bla; is that there is no basis, whatsoever for comparison! |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Umunede(m): 8:30pm On Jun 30, 2012 |
Those of u posting dat businesses are leaving naija for ghana don't understand. Nigerians are only taking advantage of opportunities because wen u come to ghana to sell, u make almost 100% profit. Let me give u example, dstv is sold for 40k in ghana while in naija na less than 20k. Premium monthly subscrip in naija is. 10k. In ghana, it is 18k. A smart igbo guy will take advantage of dis, buy in naija and come to sell in ghana while a ghanain will b lazing around. De are huge deposits of minearals in d eastern region. Do u know d guys doing d mining? Chinese and nigerians. I agree and understand perfectly well wot d report is saying because I am ground and I hv travelled far and wide their country. Their poverty is self inflicted as a result of laziness. Can u imagine in dis world, public holiday, a petty recharge card seller won't come to sell because there is public holiday. Can u imagine a country that includes in their constitution that 10% of their university students shld be foreign students to pay high fees to subsidise fees for local students. As a foreign student, u are considered first for admission. Trust naija, dem say 10%, we don nearly make am 50%. Almost all biz are owned by foreigners. Initially, de were enjoying it wen foreign biz were bringin in their capital but now dem de hear am now because repatration of profit is starting now. Value of ghana cedis is fallin in an unbelievable rate not just daily but hourly. Their country is messed up. Big biz de repatrate profit, igbo guys wey de sell fone and cd de repatrate. 3 Likes |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Dondbuzor: 8:53pm On Jun 30, 2012 |
dedeike: Come on, keep quiet. Forbes ratings remains the best and its the universally acclaimed destination for such statistics.Just because they have brought out a report that exposes the lies and falsehood that the fake Ghanian Proffessor has been peddling , that is why you want to discredit FORBES. Which rating should we reckon with? SAHARA abi NAIRALAND? I took time to pick holes in the Ghanian Proffessor's tirades earlier in the week. First, he proceeded on the faulty and unfounded assumption that GEJ did not declare his assets. On twitter, I told him clearly that his paymasters did not properly brief him hence the high level ignorance that the Prof has been exhibiting on social media. I pity his students. A real prof would have taken prudent steps to verify the position of Nigerian laws on the issue of public declaration of Assets. Secondly, he goofed when he said our Agricultural revolution is only tied to distribution of palm seedlings. Every toddler in Nigeria knows the Agric minister is pursuing a reforms of fertilizer distribution in Nigeria and has succeeded in eliminating the middlemen cartel that made access to fertilizer very difficult. Beyond this, he has launched the cassava bread revolution campaign aimed at reducing our reliance on imported wheat. An Agricultural loan scheme has been floated alongside the CBN for local farmers. He is building silos across the federation and has imposed high import tariffs on importation of rice and wheats inorder to encourage local farmers. As part of the national campaign, the president on his democracy day speech directed that only locally produced food should be served in Aso rock and govt public functions. Thirdly, the fake Prof blabbed about GEJ's inability to use Maidugri Airport. If only this Prof was told by his paymaster how much renovation and rehabilitation that this govt has carried out in all the major airports in our country in just one year.Both the ABUJA, LAGOS, ENUGU, KANO AND BENIN airports are under massive reconstruction. On the flip side, the state of the runways of Accra airport is nothing to write home about. When it rains, the runway gets flooded thus leading to the crash of our cargo airplane recently. The prof should hve directed his tirades to his aviation minister, who came on air and made a useless defence of the flooded runways of ACCRA AIRPORT in this mordern age. Finally, the fake prof said our president is of unsound mind. That was the height of rascality by a prof who should know the language of diplomacy. I beg to ask those who have been supporting this retard prof, where did this man derive his allegations from? Which doctor or Health expert pronounced our President insane? What proof can he offer in support of his allegations that our president has a history of unsound mind? For all KOBJUNKIES of this world, I have one word for you.THE OFFICE OF PRESIDENCY is an institution, We should not sacrifice the integrity and dignity of that institution on the altar of hatred and beef for the present occupant. We don't know who will be president tomorrow. It may be you. It may be me. GOD BLESS NIGERIA. Word |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Reference(m): 9:06pm On Jun 30, 2012 |
betrani: "Those who spend time to watch a mad man eat from a refuse bin, are equally mad people" In describing a country's economy, u first consider its population relative to d per-capita income, Its resource base, Industrialization, government policies relative to socio-economic activities etc! Unfortunately for most countries; when economists make so much noise with some experimental theories, the fail to think about human behaviours, not in wants, needs, preferences but interms of corruption, ethnicity and morality! All these I just mentioned are really our problem in nigeria, if Ghana has better human beings with better moralit, with a less ethnic influence on politics and economic policies; then there is no basis for comparison! A smaller country with sensible people can grow to become a world power! Japan is a very Good example! If a bigger country with a larger population has sensible people; it becomes a force to reckon with(china) and if a larger country with a larger population of greedy people, selfish people and ethnically shackled by "self-interest" driven by corruption! Mismanages its abundant wealth, it can be brought to its knees; (Nigeria); summary of the whole bla; is that there is no basis, whatsoever for comparison! Perhaps the only gem amongst the sea of rocks. There is no basis of comparison whatsoever. |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by yd849ja: 9:15pm On Jun 30, 2012 |
How does this article relate to the Prof exactly? How does it invalidate the man's integrity and submission about Nigeria? All you GEJ proponent are just simply hilarious! This is a cheap attempt at blackmail and it oozes stupidity and lunacy in its entirety. |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by PetroDolla: 9:42pm On Jun 30, 2012 |
what is this moronic igbo dog blabbing?if Ghana,the fastest growing economy is bleeped up,what will you call that piece of s-hit called nigeria?so nigerians are not grateful that Ghana opened its doors to you people who are villified all over the world.by the time Ghana kick ur dirty arses out maybe you'll be heading to chad,niger,somalia,who are your mates in poverty terms.we all know your cursed,miserable country is controlled by robbers,kidnappers,ritualists n militants,but it is far worse in igboland.at least you can sleep with your two ugly eyes closed in Ghana.you are a fool and so long as you remain on Ghanaian soil we'll track you down and serve you the treatment animals like you deserve. Ewu Umunede: Those of u posting dat businesses are leaving naija for ghana don't understand. Nigerians are only taking advantage of opportunities because wen u come to ghana to sell, u make almost 100% profit. Let me give u example, dstv is sold for 40k in ghana while in naija na less than 20k. Premium monthly subscrip in naija is. 10k. In ghana, it is 18k. A smart igbo guy will take advantage of dis, buy in naija and come to sell in ghana while a ghanain will b lazing around. De are huge deposits of minearals in d eastern region. Do u know d guys doing d mining? Chinese and nigerians. I agree and understand perfectly well wot d report is saying because I am ground and I hv travelled far and wide their country. Their poverty is self inflicted as a result of laziness. Can u imagine in dis world, public holiday, a petty recharge card seller won't come to sell because there is public holiday. Can u imagine a country that includes in their constitution that 10% of their university students shld be foreign students to pay high fees to subsidise fees for local students. As a foreign student, u are considered first for admission. Trust naija, dem say 10%, we don nearly make am 50%. Almost all biz are owned by foreigners. Initially, de were enjoying it wen foreign biz were bringin in their capital but now dem de hear am now because repatration of profit is starting now. Value of ghana cedis is fallin in an unbelievable rate not just daily but hourly. Their country is messed up. Big biz de repatrate profit, igbo guys wey de sell fone and cd de repatrate. |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Nobody: 9:44pm On Jun 30, 2012 |
yd849ja: How does this article relate to the Prof exactly? How does it invalidate the man's integrity and submission about Nigeria? All you GEJ proponent are just simply hilarious! This is a cheap attempt at blackmail and it oozes stupidity and lunacy in its entirety.So, your prof own is not?! slowpoke like you! |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by betrani(m): 9:53pm On Jun 30, 2012 |
PetroDolla: what is this moronic igbo dog blabbing?if Ghana,the fastest growing economy is bleeped up,what will you call that piece of s-hit called nigeria?so nigerians are not grateful that Ghana opened its doors to you people who are villified all over the world.by the time Ghana kick ur dirty arses out maybe you'll be heading to chad,niger,somalia,who are your mates in poverty terms.we all know your cursed,miserable country is controlled by robbers,kidnappers,ritualists n militants,but it is far worse in igboland.at least you can sleep with your two ugly eyes closed in Ghana.you are a fool and so long as you remain on Ghanaian soil we'll track you down and serve you the treatmentIf ur phone hangs; due to ur "fidgety" fingers, and the same fingers decide to hit or slam it on the wall just to un-hang it, and it gets broken in the process; who looses? |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Nobody: 9:59pm On Jun 30, 2012 |
yd849ja: How does this article relate to the Prof exactly? How does it invalidate the man's integrity and submission about Nigeria? All you GEJ proponent are just simply hilarious! This is a cheap attempt at blackmail and it oozes stupidity and lunacy in its entirety. It is a media blitz funded directly by the Nigerian taxpayer! You think these half-baked ideologues, foot-soldiers of a highly corrupt administration, don't know precisely what is at stake? Of course they do. With these lot no bridge is considered too far - certainly not while operating under a set of rules that allows a messenger's reputation to be impugned in the event that the larger import of the message cannot be stifled. I stand among millions who have never been in agreement with some of the Prof's prescriptions for Africa, but I also know well enough not to conflate issues. A word of advice to the hirelings on this thread...if you value what little is left of your credibility, stick to the subject at hand. Awakening The Sleeping Giant: Making Nigeria Work Again (I) by George Ayittey One insightful way of describingSource |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by kcool2(m): 10:24pm On Jun 30, 2012 |
PetroDolla: what is this moronic igbo dog blabbing?if Ghana,the fastest growing economy is bleeped up,what will you call that piece of s-hit called nigeria?so nigerians are not grateful that Ghana opened its doors to you people who are villified all over the world.by the time Ghana kick ur dirty arses out maybe you'll be heading to chad,niger,somalia,who are your mates in poverty terms.we all know your cursed,miserable country is controlled by robbers,kidnappers,ritualists n militants,but it is far worse in igboland.at least you can sleep with your two ugly eyes closed in Ghana.you are a fool and so long as you remain on Ghanaian soil we'll track you down and serve you the treatmentfastest growing economy in th world? hahahahahahahahahaha........you re on stupid illiterate......really one of a kind!!! 1 Like |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by amosy007: 10:27pm On Jun 30, 2012 |
coolval83: It pains me when ppl compare mare Ghana dts NT up2 Lagos state to Nigeria,[b] nd I curse all Nigerians dt commented negatively abt Nigeria,[/b]we ve to learn hw to b patriotic,come rain come sunshine we re still d best in Africanamen brother ...amen to that....I wonder why some nigerians have totally lost their sense of reasoning ...gosh 1 Like |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by amosy007: 10:28pm On Jun 30, 2012 |
kcool2: fastest growing economy in th world? hahahahahahahahahaha........you re on stupid illiterate......really one of a kind!!! 1 Like |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by PetroDolla: 10:50pm On Jun 30, 2012 |
all a fool needs to do is to open his mouth n you'll know. so why don't you crawl back into that dirty,smelly hole you came out from to expose your ignorance and lack of class? Jeez,with uninfomed morons like you your pathetic contri will remain in the dustbin for ever. kcool2: fastest growing economy in th world? hahahahahahahahahaha........you re on stupid illiterate......really one of a kind!!! 1 Like |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Dhelake: 10:53pm On Jun 30, 2012 |
Mekusnwa: it's obvious you re the biggest fool who believes the trash that the fake prof vomitted. what progess has Ghana made in the oil industry above Nigeria? What is there OPEC quota? how many international oil majors are operating in Ghana? How many liquified Natural Gas plants do they have? How many gas plants do they run? Can their state oil corporation be compared with the big status of NNPC which runs joint venture with SHELL, CHEVRON, etc what percentage of their population is gainfully employed in the industry? I don't know the area where you live in Nigeria. Common local government Chairmen do not break traffic rules here in Abuja. How many universities are there in Ghana? And how much do they pay as school fees? And how many of these products from Ghanian universities can compete favourably with their Nigerian counterparts in every field of study? The last time i checked, Ghana does not have more than 3 Universities. That will be dwarfed by our existing 27 federal universities, 36 state universities, and 31 private universities. The fake prof was not briefed by those who hired him that the govt which he seeks to paint black has been able to establish 9 new universities in less than 1 year. Secondly, unlike Ghana, the Nigerian Fed govt subsidizes education heavily. I attended UNIBEN and my school fees did not exceed N 9,700 fr each session. This is so given that in this year alone, govt' s subventions to UNIBEN is over 12 billion Naira. In Ghana, the story is not the same. Students cough out almost a million Naira for school fees. So why can't they afford a bit better hostel accommodation. In covenant university, where students pay that much too, their hostels are better than some guest houses in Kumasi. Learn to situate issues in proper context. Nigeria remains the only country where Education is heavily subsidized despite its teeming population. Ask anybody in any university in Uk or America, he will tell you better. Forbes has built a reputation over the years. They are not like You who has been bribed by some paymasters to come and fabricate lies and turn truth on its head on Nairaland.God Bless You! |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Ozonna(m): 11:02pm On Jun 30, 2012 |
PetroDolla: nigerians don't insult presidents of other countries,right? Dude, kindly tell me/give me a link where a public figure(or in this case a prof)from Nigeria insulted d president of another nation. Please we shouldn't encourage things like dis. Its not right. |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by PetroDolla: 11:10pm On Jun 30, 2012 |
can anyone explain to me why flights originating from nigeria land in Ghana more than any other country in the world?add that to the dozens of road transporters who put buses upon buses,cars upon cars to Accra each day?ABC alone on a typical day can have 5 or more buses going to Accra-more than the number of buses that leaves lagos for abuja or port harcourt .add that to cross country,young shall grow,and the rest n tell me what you think is going on.idiots like you can say all the rubbish but every discerning being knows where people are gravitating to these days.shameless bigots who can't see beyond their noses! 1 Like |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Cusubaba(m): 7:22am On Jul 01, 2012 |
PetroDolla: can anyone explain to me why flights originating from nigeria land in Ghana more than any other country in the world?add that to the dozens of road transporters who put buses upon buses,cars upon cars to Accra each day?ABC alone on a typical day can have 5 or more buses going to Accra-more than the number of buses that leaves lagos for abuja or port harcourt .add that to cross country,young shall grow,and the rest n tell me what you think is going on.idiots like you can say all the rubbish but every discerning being knows where people are gravitating to these days.shameless bigots who can't see beyond their noses!@ petroldolla, ur a fool and uncivilized. Get a life, don't u have work or are u among the ghana association of unemployment youth. Lazy,ugly bastard ghanaians, after u finish showing ur stupidity in this forum, u will go home and ur wife or girl friend will feed u. No wonder nigerians and other foreighners control 98% of ghana economy. Lazy ugly animal, don't u know that ur a slave in ur country. My Ewe ghanaian girlfriend, will die rather than to have anything to do with u ghanaian guys because of u guys are ugly, lazy and inferiority complex. 2 Likes |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by sharpman1(m): 8:24am On Jul 01, 2012 |
I don't understand some Nigerians. Is it that we do not read or we are simply lazy to research and comprehend? How can someone in his right senses use an article dated Sept 2010 (almost two years ago) to dispute another article that is about a week old? Are some people really this dumb? 1 Like |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by djfiifi(m): 8:42am On Jul 01, 2012 |
Between 1970 and 2009 per-capita gross domestic product in Madagascar tripled in after-inflation terms – to a whopping $448, according to the United Nations. Over that same time period per- capita GDP in nearby South Africa rose more than sevenfold to $5,700. A history of military coups, economic mismanagement and steady population growth has left Madagascar in the dust as other emerging-market countries like South Africa, India and Brazil surge ahead. Yet another coup in 2009 forced the U.S. to yank Madagascar from a preferential tariff program, costing the beleaguered island nation thousands of jobs in its textile sector. Immunizations and primary-school completions are dropping, and 77% of the population now lives in poverty. It’s manmade problems like this that landed Madagascar on the top of the Forbes list of the World’s Worst Economies in 2011. There are worse basket cases (see: Somalia). But among the countries with relatively complete data tracked by the International Monetary Fund , Madagascar, sometimes called the “Eighth Continent” because of its natural diversity, stands out for political mismanagement, corruption, poverty and lack of growth. Full List: The World’s 10 Worst Economies To construct our list, we ranked 177 countries according to three-year average statistics for gross domestic product growth and inflation (including the IMF’s 2012 estimates), plus GDP per capita and the current account balance, a measure of whether the country is importing more than it exports. There have been significant changes to the list since last year. Onetime losers like Ghana and Zimbabwe got their economic acts together and moved off the list while some countries, including Armenia and Jamaica, marched into the lower ranks primarily because of the global financial crisis. Others, like Madagascar and Nicaragua, earned their positions almost entirely due to the ineptitude of their rulers. It should come as no surprise that eight of the 10 worst economies also were in the bottom quartile of countries in Transparency International’s Global Corruption Perceptions Index, with Guinea, Kyrgyzstan and Venezuela scoring close to the bottom. “Beyond income, (corruption) extends to economic development,” says Transparency International’s Robin Hodess, group director for research and knowledge. “All of the indices that reflect human development suffer. Where government doesn’t work, economies don’t grow.” Madagascar’s poor economic performance mirrors the turmoil in its politics. After gaining independence from France in 1960, the country went through a brief period of prosperity. But per-capita GDP has trailed most of the rest of the world since the early 1970s as Madagascar’s population has grown faster than the economy. The current round of troubles began in 2009 when democratically elected President Marc Ravalomanana stepped down under intense pressure from the military and handed power to opposition leader Andry Rajoelina. European supporters cut back on $1 billion in promised aid, and the U.S. was required by law to drop Madagascar from the African Growth and Opportunity Act import program, devastating the textile industry. Much of the country has descended to a barter economy, according to the U.S. State Dept. At No. 2 is Armenia, whose economy shrank by 15% in 2009 as an expatriate-financed construction boom fizzled along with the world economy. With a mediocre growth forecast for the next few years, this landlocked former Soviet republic, dependent upon Russia and Iran for virtually all of its energy supplies, is struggling to keep up with the rest of the world. Per-capita GDP of $3,000 is less than a third of neighboring Turkey, and inflation is running at 7%. On top of that, Russia cut back on supplies of diamonds, hurting Armenia’s once- thriving diamond-processing industry. Coming in third is Guinea, a West African nation that sits on half the world’s accessible bauxite reserves but has trouble attracting productive investment. Poorly maintained roads, a 2008 military coup and “insecurity created by government hostility toward investment” have slowed economic development, according to the U.S. State Department. The 2010 election of Alpha Conde as president appears to have reduced fears somewhat, and Abu Dhabi and BHP Billiton are proceeding with a $5 billion alumina refinery project in northwest Guinea. No. 4. Ukraine has rich farmland and generous mineral resources and could become a leading European economy — yet per-capita GDP trails far behind even countries like Serbia and Bulgaria. The U.S. State Dept. blames “complex laws and regulations, poor corporate governance, weak enforcement of contract law by courts, and particularly corruption.” Jamaica, coming in fifth, is almost entirely a victim of the global financial crisis that devastated its vital tourism industry. On the positive side: Jamaica’s poverty rate has been cut almost in half to 10% in recent years while literacy has increased to 88%, according to the World Bank . Perhaps the cancer that struck dictator Hugo Chavez will bring deliverance to No. 6 Venezuela, which manages to keep its people poor despite an embarrassment of natural wealth. The only thing healthy about Venezuela’s economy is its oil-fueled current account surplus. An inflation rate of 32% and subpar GDP growth demonstrate the ineptitude of Hugo’s management. Nicaragua, too, suffers under a president who purports to support “the people” but has led his nation into subpar economic performance that only hurts the poor. (Note this response from Nicaragua, which says the IMF has praised its recent progress in reforming the government and economy.) |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by PetroDolla: 9:11am On Jul 01, 2012 |
hahahahaha I'm told insanity is a well defined feature of the nigerian.from your zoo-keeping president to a baby born today,all of you are mad in that cursed,destined-for-the dustbin shit you call country.that was exactly what Ashittey was talking about.hahaha foolish kidnapper,419ner,ritualist,terrorist bastard.I guess you 'control' the Ghanaian economy in your dreams,huh?have you finished 'controlling' your generator-driven economy?damn fucking illiterate bastard who doesn't know his left from his right.if you call igbo boys selling phones and stuff on the streets,n yahoo yahoo boys scamming people acts of 'controlling' an economy then you need to get your ugly,sicko head re-examined.the only reason nigeria is not worse than somalia today is oil,and we know the oil is flowing because foreign companies are responsible for oil production.anything a nigerian touches will die because you are cursed.finito.no nicer way to put it,slowpoke.the world's 7th largest oil n gas producer but can't provide power to it people,you earn billions of dollars but 99% of your people@are desperately poor-with limited access to good education,potable water,motorable road,health care,personal security.the charging of phones on the streets and riding okada is the main source of employment in that s-hitty country.no descent Ghanaian will want to date a filthy,lazy and criminally insane nigerian?hahahaha chei naija don wowo no be small oooh. Even your president can't stand the mess. no wonder he's always travelling. Naija we fail theeeeeeeeee oooooooooooooh useless specimen of the human race. every story about nigeria is bad. Even Papa God sef don tire o Cusubaba: @ petroldolla, ur a fool and uncivilized. Get a life, don't u have work or are u among the ghana association of unemployment youth. Lazy,ugly bastard ghanaians, after u finish showing ur stupidity in this forum, u will go home and ur wife or girl friend will feed u. No wonder nigerians and other foreighners control 98% of ghana economy. Lazy ugly animal, don't u know that ur a slave in ur country. My Ewe ghanaian girlfriend, will die rather than to have anything to do with u ghanaian guys because of u guys are ugly, lazy and inferiority complex. 1 Like |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Nobody: 9:29am On Jul 01, 2012 |
Cusubaba: @ petroldolla, ur a fool and uncivilized. Get a life, don't u have work or are u among the ghana association of unemployment youth. Lazy,ugly bastard ghanaians, after u finish showing ur stupidity in this forum, u will go home and ur wife or girl friend will feed u. No wonder nigerians and other foreighners control 98% of ghana economy. Lazy ugly animal, don't u know that ur a slave in ur country. My Ewe ghanaian girlfriend, will die rather than to have anything to do with u ghanaian guys because of u guys are ugly, lazy and inferiority complex.choi. I yaff die |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Nobody: 9:39am On Jul 01, 2012 |
Ojobojo1: All ds foolish gej apologists,una de mad.How dare you try to confuse nigerians with ds stale news.D prof is right but you and ur egghead president dont wanna accept it,instead of improving, gej is sponsoring beaf and co to deceive us.make una tell am say e no go work.fhuck u ! fool of d highest order |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by yd849ja: 9:44am On Jul 01, 2012 |
all4naija: So, your prof own is not?! slowpoke like you! Truth is the biggest enemy to an ordinary Nigerian. He's not my Prof. but I can tell you he has only stated the obvious. slowpoke? No need for name calling just be civil next time and make your point. |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Nobody: 9:46am On Jul 01, 2012 |
Slicqy prizzy: come tel me da problems gh is facing.i realy wanna noewhat a m0ron! Did u delete google or ask from ur browser? Why cnt u ask google 1 Like |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by kokogee: 10:41am On Jul 01, 2012 |
What I can say is that; it is only sm1 with brain tumour that would see this silly topic and post or support it. In what way is Nigeria better than Ghana? Electricity? Road network? Social amenities or Security? It is a pity that Nigeria may never get better because many of our youths have loss their senses of judgement in exchange for "peanuts". 1 Like |
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by janvier27(m): 11:07am On Jul 01, 2012 |
The Prof's comment was on Nigeria and Nigerian economy, and not on Ghana or Ghanian economy. |
PDP Lawmakers Criticize Non-Inclusion Of Their Members To Meet Buhari In London / FG Orders Arrest Of Marketers Who Hoard Petrol / NCC: We Don’t Have adequate Coverage For Electronic Transmission Of Results
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 208 |