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Nairaland Forum / Nairaland / General / Business / Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking (14764 Views)
Nigeria Drops To 127th Place On The Global Competitive Index / Nigeria Overtakes South-Africa As Continent's Largest Economy / Nigeria Hopes To Topple South Africa As Africa's Largest Economy (2) (3) (4)
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Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Dee60: 8:52am On Sep 04, 2014 |
They will refute and deny. Rulers who are bent on committing Nigeria to backwardness for ever. |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by miketayo(m): 8:54am On Sep 04, 2014 |
themmydhayhor: so u rather stick to PDP ? PDP has failed us time and time again. |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by ask4bk(m): 9:03am On Sep 04, 2014 |
Porting to Mauritius. See u when u come over |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by sexzskil(f): 9:18am On Sep 04, 2014 |
NIGERIA- THE SHAME OF MANKIND 2 Likes |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by anonimi: 9:21am On Sep 04, 2014 |
Onegai: As usual, people will blame the US, APC and anyone else except themselves for their problems. We do not stone the politicians because they adequately represent our AGGREGATE values as individuals in the society. How many of us support foreign football clubs, praise our Kings who celebrate birthdays in London, adore our celebrities who announce their engagement & wed in New York, Dubai etc while our national resorts, parks, monuments and other TOURIST landmarks for national PRIDE are rotting away due to NEGLECT Moreover those of us who know better need to get MORE involved in the political process rather than shying away and letting thugs, retired COUP plotters, fraudsters, drug-money launderers etc decide our policies & fate. If we do not contribute money and volunteer our time, talents, efforts to these candidates how do we expect them to fund their campaigns and subsequently RECOUP their investments and those of the sponsoring godfathers In the final analysis, awuf/ofe/freebies nor dey for life oh, definitely not from a politician. |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Pasca07: 9:34am On Sep 04, 2014 |
Onegai: As usual, people will blame the US, APC and anyone else except themselves for their problems.best post so far....... |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Tonylyte(m): 9:38am On Sep 04, 2014 |
bushdoc9919:I never denied the fact that we have not done well, if u read my post well, u will see where i said we are coming back with full force...meaning they are better days ahead. Bw, i mentioned buhari et all in my post because they find joy in every evil news abt d country. 1 Like |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Nobody: 9:45am On Sep 04, 2014 |
I thought we were one of the fastest growing economies to overtake south-africa in the nearest future.. Aganga wetin dey leak for your office.. abi the growth is not helping our competiveness again? |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Ediskcab(m): 9:49am On Sep 04, 2014 |
Onegai: As usual, people will blame the US, APC and anyone else except themselves for their problems. 10 GBILLION LIKES 4 D TRUTH U POSTED UP THERE 1 Like |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Ediskcab(m): 9:49am On Sep 04, 2014 |
Onegai: As usual, people will blame the US, APC and anyone else except themselves for their problems.10 GBILLION LIKES 4 D TRUTH U POSTED UP THERE |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Dee60: 10:04am On Sep 04, 2014 |
anonimi: I guess it is a bit more complex. Values are there in society when you have leaders who are driving those values. Look at South EWest today and you will see the impact of education as sponsored by the likes of Awo. Even the younger people in SW do not have these values anymore because the region has failed to continue on driving values. The crop of politicians we have today are consciously keeping the masses in the dark and robbing them of education and value creation so that the masses will be slaves forever. We should not blame the populace when they have not been given the right education. |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Dee60: 10:05am On Sep 04, 2014 |
What do they mean by this report? Are they trying to label us Africa's largest Olodo or what? |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by DonaldGenes(m): 10:09am On Sep 04, 2014 |
My take is; Having a strong economy with competitive infrastructures is a function of having a diversified economy..Research is just the way out NOT our usual way of sitting in the office redundantly and unproductively... |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by nora544: 10:14am On Sep 04, 2014 |
Nigeria will change when i didnot read in every second anser pray, we have to pray for the country. I just read they start a 3 days prayer conference in Abuja about Nigeria, that it get better. how can a country be better with this Dear Watchmen, always praying and when should the people work! |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by themmydhayhor(m): 10:25am On Sep 04, 2014 |
miketayo: Not a politician though Tink we need new ass on dat throne |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by 4chi: 10:42am On Sep 04, 2014 |
its not over until the FAT LADY (okonjo wahala) sings!!!! |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by deeobserver209(m): 10:59am On Sep 04, 2014 |
Hopefully Nigeria will bounce back. The government should try harder to develop our infrastructure. That's our biggest problem. The ratio between recurrent and capital expenditures should be reviewed to allow more funds to critical sectors that would stimulate the economy. Ones our infrastructural development is set, Nigeria will join the ranks of top 10 biggest economies in the world. Am particularly impressed with the performance of the Rwandan economy. This is a very good development considering the terrible thing that happened in the past. The performance of Rwanda as one of the most competitive economies shows that the country had really moved on. I strongly believe Rwanda will soon emerge as one of the most strongest economy is Africa. God bless Rwanda. God bless Nigeria |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by nora544: 11:03am On Sep 04, 2014 |
deeobserver209: Hopefully Nigeria will bounce back. The government should try harder to develop our infrastructure. That's our biggest problem. The ratio between recurrent and capital expenditures should be reviewed to allow more funds to critical sectors that would stimulate the economy. Ones our infrastructural development is set, Nigeria will join the ranks of top 10 biggest economies in the world. Rwanda is good but is their any politican or pastor who had a jet from this country. I want to know is their any rich pastor in rwanda. |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by anonimi: 11:04am On Sep 04, 2014 |
Dee60: Let us STOP giving excuses for our COLLECTIVE failure. Who elects the politicians? Before you say our votes don't count ask yourself why the politicians campaign and promise us heaven on earth literally to clinch our votes! If we ALLOW ourselves to be CONNED by their false, unfulfilled promises who is to blame You may wish to remember that people paid to be ordinary party members during the 1st and 2nd Republic politics. Today we expect the politician and/or his godfather to spend for the campaign and still work for us- are we THIEVES who reap where we have not sown |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Nobody: 11:04am On Sep 04, 2014 |
This is a sad news for Nigeria. It is still one of the viable economies in Africa though. The government needs to take this indication and us it to make changes. This is what is annoying about that country. Nobody is willing to do something than complain of blackmailing or oppression. People just seat there and make noise. 2 Likes |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by deeobserver209(m): 11:13am On Sep 04, 2014 |
nora544:I don't know. But whether Rwanda have rich pastors or not is immaterial. Every country is unique. |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by deeobserver209(m): 11:27am On Sep 04, 2014 |
all4naija: This is a sad news for Nigeria. It is still one of the viable economies in Africa though. The government needs to take this indication and us it to make changes. This is what is annoying about that country. Nobody is willing to do something than complain of blackmailing or oppression. People just seat there and make noise.The bulk of the problem that contributed to Nigeria's economic competitiveness is insecurity. The war against Boko Haram is affecting the country's ability to invest in critical sectors of the economy. Huge sums of monies are spend on defense. Take a look at our National budget and you will see that security and defense budget outweighs other sectors no thanks to Boko Haram. Hope is not lost however. Nigeria shall surely win the battle against terrorism. 1 Like |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Nobody: 11:49am On Sep 04, 2014 |
deeobserver209:I quite agree with you on the security issue but it is not the only thing mentioned in the ranking. In fact, the bulk of the problems has been placed on poor development(physical and human). There is lot missing in that area. I have always pointed out there is need for massive infrastructure provision in all sectors of the society. Talking about budget, the government hasn't done enough to secure the loopholes in the revenue collection. There is no proper taxation in the country. That goes a long way to prove that they just seat there and wait to make noise while nothing is done to collect tax from citizens and use it for what it's meant for. Nigeria is not organized. That makes it difficult to run things effectively and realize most objectives which could help us to avoid those troubles. There is need for change. That has to come with getting organized. When that is addressed building a better and working institutions becomes easy. I have always talked about getting organized in this forum. 1 Like |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by adconline(m): 12:32pm On Sep 04, 2014 |
The country is infrastructurally-challenged. Travel by road, you cannot drive up to 100km without potholes, diversion or moving from a dual carriage way to a single lane. We are unable to maintain roads built in 70s and 80s and 90s not to talk about new ones even though our population has doubled. How can Pakistan with similar demography and political system have about 300k km of paved road while Naija has less than 100k km? How can we spend N7 out of every N10 we make on salaries and political appointees? We invest N3 out of every N10 on capital projects. The reverse should be the case if we want to grow. 1 Like |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Nobody: 12:39pm On Sep 04, 2014 |
LMAyedun: The struggle and battle with Boko Haram, Ebola Virus are enough distractions for the country's Economy. Even the political tension and the desperation from the APC is enough to derail any serious minded Gov't and her Economy.If Boko haram is the problem then, tell Jonathan to arrest and prosecute his friends who are the sponsors 1 Like |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by Olyboy16(m): 12:57pm On Sep 04, 2014 |
nora544: Nigeria will change when i didnot read in every second anser pray, we have to pray for the country.dunt mind jawe..infact, they should ask themselves..did the chinese pray b4 getting to where they are today? Did the europians pray too? What about the french? Did they pray too? Oh or the Americans? Those ones dont even believe in God!! So whats all these prayer prayer prayer.?? "All praying and no work makes jack a poor boy" ----- 1 Like |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by ZeusAyo: 1:23pm On Sep 04, 2014 |
cole265: Africa largest economy ko Africa largest economy ni psheeeee.^^this person up here is Λ classical example of Λ retard. Why are some people just infested with hate |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by UpLoyo: 1:25pm On Sep 04, 2014 |
Rudebwoy: They want to bring us down by all means. How can they bring you down when you've never been up? |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by deeobserver209(m): 2:35pm On Sep 04, 2014 |
all4naija:True. Nigeria has a long way to go in terms of human and physical development. Lack of reliable data has not even helped matters. The poor nature of taxation is another issue entirely. Though there have been moves lately to reform the country's taxation policy by the FRIS. I completely agree with you on the case of organization. We Nigerians are not organized at all. We always act like rascals. 1 Like |
Re: Africa’s Largest Economy, Nigeria, Drops In Global Competitiveness Ranking by tonychristopher: 3:47pm On Sep 04, 2014 |
solaugo: Bull shiite .....are they not the same people that said that investment won't thrive here To hell with them |
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