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Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 5:59am On Jun 17 |
MrEverest: The problem with Nigeria is greed. You can have a 1.5 trillion economy but your developmental posture is skewed towards self consumerism instead of societal development which is what you see in other trillion dollars economy. Secondly the Economist that talked about the 1.5 trillion economy is not faceless. Go to utube and watch Business Week by Rolake Akinkugbe Fulani yesterday one. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 5:52am On Jun 17 |
Kukutente23: That is why flats are sold for $1million dollars. Who is buying such properties. Definitely not Disaporas and definitely not Nigerians singing “ e bi pawa oh “ |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 10:08pm On Jun 16 |
lastkingsman: As business are closing new business are opening up. That is life. What is happening in Nigeria is like snake shedding its skin, does that mean the snake have no skin any more. Amidst the economy turmoil a 5 star Hotel opened in Lagos where Prince Harry stayed. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 10:02pm On Jun 16 |
Gerrard59: I believe it is 5 million. How many public officers in Nigeria would admit they have 1 million dollars and we all know our public officers starting from our parliamentarians who get roughly 4 million dollars a year when all allowances are taking into account although that has been devalued to about 1.5 million or there about. To our Governors, Judges, super perm secs, some ministers in juicy portfolios. They are more than 10,000 25 years of Democracy means we have 7 sets of National Assembly members. They are 450X 7 = 3150 members minus a few 100 who came 2nd, 3rd, and 4th term. Just the legislature alone 3000 people not to talk of 36 Governors since 1999, then talk of super perm secs, accountant general that stole 109 billion not to talk of ministers in juicy offices, and head of parastatals. In Nigeria I believe they are more than 5 million. If you take every regime since 1960 . The number surges up. |
Politics / We Are The Micro Wave Generation??? by KnowAll(m): 8:36pm On Jun 16 |
When I go on you tube and see a video showing 4 or 5 days I would not even click it. We want to consume something new. Do you have that behavioural pattern, I do, always in search of the next big news. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 7:46pm On Jun 16 |
Private Jets no be beans SA - 63 Egypt- 23 Nigeria- 47 We are tailing SA, and we are supposed to be poverty capital of the world. India actually has 23 this is a 3.5 trillion economy. SA has 167 planes just checked the data again. Everything is in the public space this days. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 7:38pm On Jun 16 |
Egypt Hotels -1250 South Africa- 4720 Nigeria- 14, 750 And we are the 4th largest economy in Africa. Like Burna boy said “ How” This figures don’t lie. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 1:25pm On Jun 16 |
Georgry: You talk well. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 9:46am On Jun 16 |
Melagros: Unfortunately the truth can shock one at times. India has 3.5 trillion economy but their people na dem dey japa pass for the world. |
Politics / Re: How The Lagos Economy Will Burst by KnowAll(m): 9:44am On Jun 16 |
Bulldozer90: Lagos is the last bastion of safety in Nigeria and if becomes a heaven of kidnapping then finally Nigeria is dead. |
Politics / Re: How The Lagos Economy Will Burst by KnowAll(m): 9:43am On Jun 16 |
Bulldozer90: Sanyaolu is shiiit I have always said so. Lagos is growing economically because of the private sector. Silly Sanyaolu has nothing to commission he went to commission Pastor Ashimolowo’s macarious light gardens. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 9:32am On Jun 16 |
lastkingsman: The advantage of a large population is that in Nigeria you have a privilege few who are larger than some African population. For instance a while ago, I wrote an article 5 million Nigerians worth 1 million dollars. And I believe it. That is more than the population of Togo and about 17% of the population of Ghana. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 9:27am On Jun 16 |
lastkingsman: It is the average middle class that are traveling 2 million to London on holidays. Do you think any other African travel the way we travel in Nigeria. 3 Likes |
Politics / Re: How The Lagos Economy Will Burst by KnowAll(m): 8:45am On Jun 16 |
Surprised that they reckon Nigeria’s economy is about 250 billion when I heard Sanyaolu say that the Lagos economy has grown 5 folds from 2014. In 2014 Lagos economy was 70 billion X 5 would put in the region of 350 billion. How come the whole Nigeria is 250 billion. That is y I believe Nigeria’s economy is well pass 1 trillion dollars. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 8:33am On Jun 16 |
It is not my friend that said it is a 1.5 trillion economy. It was an economist on Arise TV watching yesterday. And I kind agree with him. U can go watch it on business week - Rolake Akinkugbe Fulani. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 8:30am On Jun 16 |
DMerciful: India is a 3.5 trillion economy. People are still suffering there. They are the highest immigrant in the UK, USA, Canada, Australia and Dubai. They are leaving in droves from their country despite having a 3.5 trillion economy. 1 Like |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 8:28am On Jun 16 |
Fujiyama: Don’t u Nedu of the Hornest Bunch, podcast has been doing skits for about 6 years now as sexy Alhaji. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 5:47am On Jun 16 |
tensazangetsu20: There are a lot of new money in Nigeria. Young men that are property nagenets. People like Ola of Lagos, Sarah Boj, needy and co all this guys are balling and they did not exist in 2014. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 5:44am On Jun 16 |
Fujiyama: They are different. That is why we have people like Daddy freeze today. In 2014 Daddy freeze was working in a radio station getting some pathetic pay. But today he is driving a Ferrari, now multiply Daddy freeze X 1000 and do maths, Nigeria as a nation has the Largest Content Creators in Africa. So you get it. Another sector that has blown is the real estate industry, which with some disarable ways can be validated using stringent instruments would help in determining the true GDP of the country. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 3:56am On Jun 16 |
We have not added the new kid on the block. Content creators, Nigeria has the highest content creators in Africa and I am sure if the algorithm is properly quarried it would devolve how much our content creators are making in a year. |
Politics / Re: Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 2:13am On Jun 16 |
SalamRushdie: It sure looks like it. The kind of money stolen in Nigeria any other country in Africa, Egypt, Algeria, or South Africa would have folded up. I believe our GDP is definitely above the so called 250 billion given to it. 1 Like 1 Share |
Politics / Nigerian Economists Believe Our GDP Should Be about 1.5 Trillion Dollars??? by KnowAll(m): 1:47am On Jun 16 |
A Nigerian economist believes our economy is actually the biggest economy in Africa and the indices used in calculating the GDP needs to rebased because of some obvious exclusions when calculating the size of our GDP. He said apart from the fact that Nigerians in diaspora sends in $20billion every year the figure brought in by cash is probably twice the official $20billion more like $40 billion. He now said in 2014 when our GDP was calculated there was no fintec companies. But today we have about 10 companies that has a capital base of $1 billion dollars. Guys what do think, but one thing I noticed when travelling to Nigeria is the plane is always full of Nigerians going back despite the terrible economy. I once travelled to Namibia and the plane was 99% white. So I asked the person I was travelling with don’t your people travel home. Most people keep on saying there is no tourist in Nigeria. Do you know who the tourist are in Nigeria. Nigerian Diaspora are the tourist in Nigeria. Guys what do you think are we really a $1.5 trillion economy. 1 Like |
Politics / Re: Those Who Are Running Lagos State Are Performing Poorly And Lack Visions by KnowAll(m): 1:53pm On Jun 15 |
I would have thought Lagos state would be the first to provide electricity since it has moved from the exclusive list to the concurrent list. But as usual Sanyaolu na siddon look policy him dey do. So unconcerned, removed from the pains & agony of the people. I said it b4 all Sanyaolu has done in his second term is Gallivanting all over d place. |
Politics / Re: Why Can’t Nigerian States Buy Property Abroad And Get Foreign Exchange Back?? by KnowAll(m): 8:32am On Jun 13 |
Christistruth00: That is what naturally happens in Nigeria. I think we have a long way to go. |
Politics / Re: Why Can’t Nigerian States Buy Property Abroad And Get Foreign Exchange Back?? by KnowAll(m): 8:28am On Jun 13 |
booblacain: The bottom line they don’t want their states to benefit from residual income which doesn’t make sense. |
Politics / Why Can’t Nigerian States Buy Property Abroad And Get Foreign Exchange Back?? by KnowAll(m): 8:10am On Jun 13 |
Qatar does it . Why not Nigeria States do the same thing. The money Yaya bellow used to pay his children school fee, if he bought a property in the middle of London or New York, the rental income from that property going to Kogi state would go a long way in alleviating poverty in the state. Abi I lie. |
Politics / Re: Give Labour 495,000 But Remove 3 Zeros From Naira Valuation??? by KnowAll(m): 8:03am On Jun 13 |
Time to redominate the Naira. |
Politics / Re: The Best And Worse Governors From The Six Zones by KnowAll(m): 4:04pm On Jun 12 |
seunowa: But when you know you have nothing to offer, Y run for a second term, |
Politics / Re: Pay 30,000.00 A Month And Another Hardship Allowance Of N360,000.00 Once A Year? by KnowAll(m): 1:34pm On Jun 08 |
The working days can actually be cut from 5 days to 3 days a week. |
Politics / Re: Pay 30,000.00 A Month And Another Hardship Allowance Of N360,000.00 Once A Year? by KnowAll(m): 1:33pm On Jun 08 |
Gbogbowa: I hope they do it this way. |
Politics / Pay 30,000.00 A Month And Another Hardship Allowance Of N360,000.00 Once A Year? by KnowAll(m): 9:45am On Jun 08 |
Instead of paying workers N60,000.00 monthly. Pay 30,000.00 a month provide cheap transport to carry workers to work and subsidised housing and reduce working days from 5 days a week to 4 days. Then the other 30,000 would be paid once a year 30,000 X 12= 360,000.00 a year. This can be called hardship allowance. If our senators can get hardship allowance why not our workers. The idea that a bag of rice is 70,000 and the proposed minimum rate cannot buy a bag of rice would not suffice since the other half of the 60,000 would be paid annually in bulk making it possible for workers to buy enough food in weeks and months ahead. I think it will be a good idea if the 60,000 can be disbursed in such away. 1 Like |
Politics / Re: Give Labour 495,000 But Remove 3 Zeros From Naira Valuation??? by KnowAll(m): 11:05am On Jun 04 |
Remove 3 zero’s from the Naira so that 1000.00 would now be N1.00 |
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