Even if you are being fooled, must you fool
yourselves? -DT
"SOUTH AFRICA AND NIGERIA, WHICH
SHOULD BE THE LARGEST ECONOMY?
As Nigerians, we know about Nigeria while
we have little information about South Africa.

1. Daimler, Toyota, BMW, Ford, Arvin Exhust,
Corning, Bloxwitch have production plants in
South Africa.

2. South Africa manufactures Electronics,
Computer Hardwares.

3. South Africa manufactures Military
Hardwares and Aircrafts

4. South Africa manufactures choice wines
and spirits with Nigeria
as its biggest market in Africa. Next time,
before you drink that Wine, look at the label.
It will 60% be 'A product of South Africa'

5. South Africa boasts of world class Textile
Industries.

6. South Africa manufactures, refurbishes and
repairs Ships
.

7. South Africa has the largest mining and
solid mineral sector in Africa

What do we produce or manufacture in
Nigeria?

The GDP was rebased and we placed ourselves
as the largest Economy in Africa without
growth in the real sector of the Economy.
.
We used administrative controls to peg the
value of our Currency for years without
Fundamentals to back it up.
The administrative controls are removed, the
wind blew and our behinds are exposed.
South African Rand is growing in value
because of growth in the real sector of the
Economy while the value of the Naira
plummets because our economic mainstay is
in the wilderness and militancy is holding us
at the jugular.

We export Crude Oil and import petroleum
products. We export raw Cocoa and import
chocolate bars and processed Cocoa for
packaging by the Nestle of this world. A total
drain on our Dollar earnings.

I ask again, what do we produce?

Even if you are being fooled, must you fool
yourselves?"

Should be: South Africa. Is: South Africa. QED.