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EGYPT Is The Biggest Economy In Africa NOT Nigeria - Politics - Nairaland

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Buhari Is Not Nigeria's Problem – Zahra Buhari Shares Mansurah Isah's Post / Nigeria Now Tops South Africa As The Continent's Biggest Economy / Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC (2) (3) (4)

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EGYPT Is The Biggest Economy In Africa NOT Nigeria by OreMI22: 11:58am On Aug 14, 2018
Egypt's economy is officially bigger than Nigeria's by at least $10 billion dollars.

When Nigeria surpassed South Africa in 2014, it was sensational news carried in all Nigerian newspapers.

Today, when Egypt surpassed Nigeria, not even one newspaper house has bothered to inform Nigerians that our status has become #2 in Africa.

Why was this hidden from all of us?

I almost made a blunder calling Nigeria the biggest economy in Africa in a professional paper and everyone else in the room knew it was EGYPT except me, the Nigerian in the room? Why was this critical information hidden from Nigerians??


Data Source: World Factbook : https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html#ni

1 Like

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by ibotic(f): 12:02pm On Aug 14, 2018
OreMI22:
Egypt's economy is official bigger than Nigeria's by at least $10 billion dollars.

When Nigeria surpassed South Africa in 2014, it was sensational news carried in all Nigerian newspapers.

Today, when Egypt surpassed Nigeria, not even one newspaper house has bothered to inform Nigerians that our status has become #2 in Africa.

Why was this hidden from all of us?

I almost made a blunder calling Nigeria the biggest economy in Africa in a professional paper and everyone else in the room knew it was EGYPT except me? Why was this critical information hidden from Nigerians??

What’s the source?...fake news....
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by slimfit1(m): 12:06pm On Aug 14, 2018
You just dey know am seriously na wa oh.

2 Likes

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by dukie25: 12:06pm On Aug 14, 2018
All the gains that were made by Dr Jonathan are being eroded by present administration.

Vote Buhari again and watch Nigeria slide even further.

15 Likes 2 Shares

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by slimfit1(m): 12:13pm On Aug 14, 2018
dukie25:
All the gains that were made by Dr Jonathan are being eroded by present administration.

Vote Buhari again and watch Nigeria slide even further.

What gain abeg go sit down somewhere na for paper them dey taste if pepper soup sweet or for mouth. Jonathan failed, Buhari failed both of them clueless useless and bastards.

5 Likes

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by Mynd44: 12:19pm On Aug 14, 2018
This kind of threads are opened only by people who don't get economics and don't understand the difference between GDP and Purchasing Power Parity (PPP)

12 Likes 1 Share

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by deomelo: 1:05pm On Aug 14, 2018
These Igbos and unpatriotic anti Nigerian elements Sha...

1 Like

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by proeast(m): 1:06pm On Aug 14, 2018
Mynd44:
This kind of threads are opened only by people who don't get economics and don't understand the difference between GDP and Purchasing Power Parity (PPP)
So, your point is what?? Stop being smart by half please!!

10 Likes 2 Shares

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by SolutionMee: 2:38pm On Aug 14, 2018
Ah ah... Even the birds of the sky knows this nah

Even in the Bible, Egypt was the economy powerhouse of ancient civilization

Last last, Nigeria come second

We can't be contesting with God or trying to derail the Bible by outperforming them

This is like a sin unto the most high

Never again will Nigeria disobey God's word

Never!
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by StillX10(m): 3:28pm On Aug 14, 2018
Whether Nigeria is Africa's biggest economy it doesn't help an average Nigerian

1 Like

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by 989900: 4:06pm On Aug 14, 2018
Crapola.
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by OreMI22: 9:05pm On Aug 14, 2018
proeast:
So, your point is what?? Stop being smart by half please!!


I always want to learn.
Please let him explain. Although I suspect he has nothing to offer from an empty head except the usual Nigerian way of giving everything a tribal coloration or blaming it on witches

1 Like

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by Banmeallday: 10:14pm On Aug 14, 2018
WHat even is “NIGERIA”

Someone with an identity came to you and slapped you and then called you Slappedbyatch and you accepted till today.


SHAME
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by buhariguy(m): 10:22pm On Aug 14, 2018
Op funny oo,
This was 2016 report, when we were in recession.
Nigeria should be in number 15 by now, ahead of Saudi Arabia with their too much oil money.

Meanwhile Nigeria has cross 1.1tr dollar from 430b dollars during your ineffectual buffoon era.

Buhari is really work and the jobless aggressive lazy idiotic pigs of Biafra terrorist can not see this achievement of sai buhari till 2023.

2 Likes

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by OreMI22: 12:08pm On Aug 15, 2018
buhariguy:
Op funny oo,
This was 2016 report, when we were in recession.
Nigeria should be in number 15 by now, ahead of Saudi Arabia with their too much oil money.

Meanwhile Nigeria has cross 1.1tr dollar from 430b dollars during your ineffectual buffoon era.

Buhari is really work and the jobless aggressive lazy idiotic pigs of Biafra terrorist can not see this achievement of sai buhari till 2023.

The problem with you people is politicizing everything. Even a serious issue like Nigeria being surpassed by Egypt in size of our economy.

Nigerian economy has NEVER been bigger than Saudi economy.

Egypt surpassed Nigeria since 2016 and the media hid the information from us making us to think that the rebasing of our economy in 2014 to become the biggest in Africa was still the current status.

To surpass Egypt we now have to grow at about 9 - 10% per annum and hope that Egypt grows at 1%.

Sadly, we are the ones growing at <1% since 2016 and Egypt growing robustly at 4-5% since then. So the gap will naturally widen more in a few years and Nigeria can never reclaim the position of Africa's largest economy in this lifetime.

6 Likes

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by Cjrane2: 7:58pm On Aug 19, 2018
Its so sad what has happened to Nigeria's economy since 2015.


Measuring the economic mismanagement through changes in our GDP alone,

In 2014, Nigeria's GDP was $589 billion
In 2017, Nigeria's GDP was $409 billion

We depreciated and lost about $180 billion dollars in GDP size! Yet, nobody talks about it! Everything is politics, while the country is slowly dying from mismanagement!

Someone without secondary school education is ruling Nigeria and we are clapping for him to kill the country.

1 Like

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by godliman: 8:21pm On Aug 19, 2018
OreMI22:


The problem with you people is politicizing everything. Even a serious issue like Nigeria being surpassed by Egypt in size of our economy.

Nigerian economy has NEVER been bigger than Saudi economy.

Egypt surpassed Nigeria since 2016 and the media hid the information from us making us to think that the rebasing of our economy in 2014 to become the biggest in Africa was still the current status.

To surpass Egypt we now have to grow at about 9 - 10% per annum and hope that Egypt grows at 1%.

Sadly, we are the ones growing at <1% since 2016 and Egypt growing robustly at 4-5% since then. So the gap will naturally widen more in a few years and Nigeria can never reclaim the position of Africa's largest economy in this lifetime.
pls teach him economics it seems all he knows is the politics of sai baba. Who will deliver us from these sai barbarians

1 Like

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by nelxxy(m): 11:10pm On Aug 19, 2018
op check world bank or imf site or even wikipedia stop spreading lies here thanks
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by MIKOLOWISKA: 11:47pm On Aug 19, 2018
Cjrane2:
Its so sad what has happened to Nigeria's economy since 2015.


Measuring the economic mismanagement through changes in our GDP alone,

In 2014, Nigeria's GDP was $589 billion
In 2017, Nigeria's GDP was $409 billion

We depreciated and lost about $180 billion dollars in GDP size! Yet, nobody talks about it! Everything is politics, while the country is slowly dying from mismanagement!

Someone without secondary school education is ruling Nigeria and we are clapping for him to kill the country.


What is sad there
sad and yet ppl choose laziness
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by deltaisgreat: 12:17am On Aug 20, 2018
Buhari Don kill Nigeria completely with his apparent incompetency

1 Like

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by OreMI22: 4:52am On Aug 27, 2018
deltaisgreat:
Buhari Don kill Nigeria completely with his apparent incompetency

Imagine how many jobs have been lost since 2015. Imagine how many people are still suffering the effect on bad voting choices or refusing to vote at all. The sad part is that Nigerians prefer to go prostitute in Libya than fix their own country's leadership and enjoy a great prosperous country.

Nigerians are architects of their own misfortune and suffering.

1 Like

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by OreMI22: 10:53am On Aug 28, 2018
It is sad that NBS has confirmed again that Nigeria's GDP shrank again in the last quarter.

Egypt however is continuously growing at 5%.

We have totally lost the hope of wearing the crown of Africa's largest economy. Let us hope the equally lethargic South Africa does not overtake us soon.

Since this post a few weeks ago, Poland a country of 37 million people has overtaken Nigeria; 180 million people economy.

Nigeria's economy is truly dying. We need emergency measures now to save our economy.

1 Like

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by Gagare1(m): 11:01am On Aug 28, 2018
Even Buhari knows that. In fact, the presidency knew what they planned for Nigeria even before they were sworn in. Why do you think their major achievements are more towards giving feeding money to citizens. You only make plans to give feeding money to a person who is doing relatively well when you have the intentions to make him poorer in the nearest future. Their programs are merely to ease the pain they brought upon the citizens.

How do you explain the abandonment of policies that took Nigeria to the largest and also fastest growing economy in Africa? Fighting corruption is not an excuse because any wise government can think of a way to gradually uproot the loopholes that allow corruption while maintaining steady growth. Even common sense will tell you that as corruption is reduced the rate of economic growth should increase relatively. Reverse is also true. Why should the economy grow during "corrupt" regimes and take a nosedive during an "angelic" regime?

With the way Nigeria is going it is only a matter of time before anarchy sets in due to frustrated citizens. The damages done to Nigeria's economy and unity will take more than a decade of good governance to correct.
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by Ekez(m): 11:09am On Aug 28, 2018
When we have a lifeless fellow as a president ,

1 Like

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by Ofemannnu: 11:10am On Aug 28, 2018
OreMI22:
Egypt's economy is officially bigger than Nigeria's by at least $10 billion dollars.

When Nigeria surpassed South Africa in 2014, it was sensational news carried in all Nigerian newspapers.

Today, when Egypt surpassed Nigeria, not even one newspaper house has bothered to inform Nigerians that our status has become #2 in Africa.

Why was this hidden from all of us?

I almost made a blunder calling Nigeria the biggest economy in Africa in a professional paper and everyone else in the room knew it was EGYPT except me, the Nigerian in the room? Why was this critical information hidden from Nigerians??


Data Source: World Factbook : https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html#ni

This I believe is the ranking:

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by theenchanter: 12:43pm On Aug 28, 2018
This is not gdp list but ppp. Nigeria still has d largest economy in Africa.
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by OreMI22: 9:05pm On Aug 28, 2018
theenchanter:
This is not gdp list but ppp. Nigeria still has d largest economy in Africa.

Stop your silly propaganda.

This is the ranking of all countries by their GDP not PPP!

If you want the PPP. You still see that in the website.
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by mbos: 11:04am On Aug 29, 2018
HOW CAN THE POOREST COUNTRY IN THE WORLD BE THE GREATEST ECONOMY
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by OreMI22: 1:43am On Sep 05, 2018
Banmeallday:
WHat even is “NIGERIA”

Someone with an identity came to you and slapped you and then called you Slappedbyatch and you accepted till today.


SHAME

Nigeria is what Nigerians make of it.

if we continue in the path we are, very soon people will be dead on our streets due to hunger. Meanwhile, children of our politicians will be crashing motorcycles worth N56 million Naira as toys worth nothing to them.

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