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World Bank Says Nigeria Will Soon Recover From Economic Recession - Business (2) - Nairaland

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Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Nobody: 8:45pm On Mar 16, 2017
Semper247:


You will just die of hatred, die for nothing....
.....

Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Nobody: 8:45pm On Mar 16, 2017
Story! Story!!
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by MrPresident1: 8:46pm On Mar 16, 2017
May the soul of Professor Sam Aluko continue to rest in perfect peace, amen.
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Karlman: 8:46pm On Mar 16, 2017
...not wen ancestor buhari is in aso rock.
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by blaqroy: 8:46pm On Mar 16, 2017
I hear.... Only a baby can believe this
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Malakh: 8:48pm On Mar 16, 2017
yeah right only if the nations knew that its the imf,world bank,bank of settlement that will impoverish the nations to make way for the mark of the beast where no one can buy or sell without it, in other words fiat currency will be worthless n extinct
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by debiliciousmay(f): 8:48pm On Mar 16, 2017
Gentle034:
We have been hearing that since, still prices of food day increase every hour. Imagine eggroll now na #90.
Na #100 for my side ooo
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Gentle034(m): 8:49pm On Mar 16, 2017
UltimatedeBest:


Egg roll is #100 and #120 for my side depending on d quality. Something we used to buy #50 b4 Buhari came on board.

And people are suffering. The only thing that has refused to inflate is the minimum wage. The country is in shambles to be frank like Edoho
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by FavoredGuy: 8:50pm On Mar 16, 2017
Are they the ones that caused our recession? What concerns world bank with our recession?
Na so them take fight corruption come change am to hunger and inflation. If them go fight recession, we go enter agreement, make them no come give us another negative thing in the place of recession.
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Emycord: 8:51pm On Mar 16, 2017
Emjay1310:
What the developed countries is doing to developing countries is not good. I don't care what the world bank says about our present state as an economy. what i am interested in is to see that we begin to grow our own products locally so that we don't have to depend on any country for the basic necessities of life. That is what is affecting us in this part of the world
biafra leads the way. Let biafra go and we wont need all this world bank un Imf etc
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by KingAfo(m): 8:52pm On Mar 16, 2017
Gentle034:
We have been hearing that since, still prices of food day increase every hour. Imagine eggroll now na #90.
na egg role pain you. When last you sardine(Titus )
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Bills2307(m): 8:53pm On Mar 16, 2017
Arewa12:
I pray so people can patronise my business



Nice hair Extensions for sale just arrived... It goes for 19k


World wide delivery available
lol. Amen!
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by KingAfo(m): 8:53pm On Mar 16, 2017
Gentle034:
We have been hearing that since, still prices of food day increase every hour. Imagine eggroll now na #90.
Na eggroll pain you? When last you buy Sardine(Titus)
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by MikaSoko(m): 8:55pm On Mar 16, 2017
I will be alive to witness this in Jesus name.
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by grandstar(m): 8:58pm On Mar 16, 2017
Emjay1310:
What the developed countries is doing to developing countries is not good. I don't care what the world bank says about our present state as an economy. what i am interested in is to see that we begin to grow our own products locally so that we don't have to depend on any country for the basic necessities of life. That is what is affecting us in this part of the world

Unfortunately, you are part of the problem.

Countries do not grow rich by being self sufficient. They grow rich by focusing resources on where they have comparative advantage i.e. where they excel, where they are good at. You don't prosper at producing just anything because you want to be self sufficient.

Look at tiny Switzerland with a population of just 8million, its exports of watches brings in about $20b, which is about half the sum Nigeria of 180m will earn from crude oil exports this year. Note that watches are Switzerland's 4th largest exports. Its not even the largest export leader.

India which went the self sufficiency route remains poor even though it started liberalising late.

Look at Nigeria, it is the export of crude oil that made the country rich. Imagine if the country had fully developed the petroleum sector. Let's say Nigeria was producing refining 3million barrels of crude daily, had like 4 bonny gas export terminals, was Africa's largest producer of petrochemicals and fertilisers, was producing 80,000mw of power from gas and had a few leading companies in oil servicing, just imagine where the country would be today? That is the power of comparative advantage.

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Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by maurizjavah(m): 9:00pm On Mar 16, 2017
khristals:
Wetin them sabi.. Abi them follow me dey buy 1 cup of garri 50 naira angry APC I hope this is not your ploy for another term shocked undecided It will NOT work!! angry

A stronger party, I will vote. Donal duke for president.
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Gentle034(m): 9:00pm On Mar 16, 2017
KingAfo:

Na eggroll pain you? When last you buy Sardine(Titus)
that one na no go area, or rather, na luxury food now, if u no gallant forget am.

1 Like

Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Nobody: 9:02pm On Mar 16, 2017
dadavivo:
Not with the illiterate as President
Do you know the meaning of the word 'illiterate'?
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Nobody: 9:03pm On Mar 16, 2017
trustyshoess:
Whoever said that is not an average man living in Nigeria. Yarning dust from their air-conditioned 24/7 electricity office. Nansense
Try to have some faith
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Kunleforreal(m): 9:07pm On Mar 16, 2017
l pray so
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Greatgab70(m): 9:12pm On Mar 16, 2017
I don't hear
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Nobody: 9:12pm On Mar 16, 2017
Hmmm it says a different story on the same World Banks website oooooh
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by aribisala0(m): 9:18pm On Mar 16, 2017
Did they tell us that recession was coming before?
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by emmanuel2015: 9:23pm On Mar 16, 2017
kidman96:

Mad people
at least we were normal embe like u with no bwain
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Arewa12: 9:24pm On Mar 16, 2017
Bills2307:
lol. Amen!


Abi naw my oga
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by tundeuzman: 9:28pm On Mar 16, 2017
things has never been the hardest like this time for an average nigerian, lets be honest.
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Opinionated: 9:32pm On Mar 16, 2017
You see how hateful people do not want the country to progress si that they can promote their parochial sentiments.

1 Like

Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by deleo16(m): 9:39pm On Mar 16, 2017
Emjay1310:
What the developed countries is doing to developing countries is not good. I don't care what the world bank says about our present state as an economy. what i am interested in is to see that we begin to grow our own products locally so that we don't have to depend on any country for the basic necessities of life. That is what is affecting us in this part of the world
you have said it all some now know the real enemy

1 Like

Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by edudguy(m): 9:44pm On Mar 16, 2017
Emjay1310:
What the developed countries is doing to developing countries is not good. I don't care what the world bank says about our present state as an economy. what i am interested in is to see that we begin to grow our own products locally so that we don't have to depend on any country for the basic necessities of life. That is what is affecting us in this part of the world

Dependency Theory, they develop their countries at the expense of ours... we export raw materials to them, they in turn use the raw materials to manufacture goods which they sell to us at a higher cost... creating imbalance in trade.. leading to underdevelopment

1 Like

Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by Kingbusssy(m): 9:44pm On Mar 16, 2017
Emjay1310:
What the developed countries is doing to developing countries is not good. I don't care what the world bank says about our present state as an economy. what i am interested in is to see that we begin to grow our own products locally so that we don't have to depend on any country for the basic necessities of life. That is what is affecting us in this part of the world
Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by buffalowings: 9:46pm On Mar 16, 2017
Gentle034:
We have been hearing that since, still prices of food day increase every hour. Imagine eggroll now na #90.


the world is going mad I swear

a basin of garri is 400naira

3 weeks before it was 270 naira

I no fit cry for market grin

1 Like

Re: World Bank Says Nigeria Will Soon Recover From Economic Recession by buffalowings: 9:51pm On Mar 16, 2017
KingAfo:
na egg role pain you. When last you sardine(Titus )

sardine 250 naira na angry grin

1 Like

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