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EGYPT Is The Biggest Economy In Africa NOT Nigeria - Politics (2) - Nairaland

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Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by OreMI22: 9:35pm On Sep 09, 2018
ibotic:


What’s the source?...fake news....

CIA world Fact Book.

It is a credible data source used by US government agencies and many academic institutions in the world.
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by Rossikki: 9:39pm On Sep 09, 2018
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by chloride6: 10:15pm On Sep 09, 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


That's a PPP ranking not nominal ranking receive sense OP
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by adeboro110: 10:20pm On Sep 09, 2018
Crapola.h

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Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by MrSly(m): 10:51pm On Sep 09, 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
Before I comment I want to state clearly that I want Buhari out of office by 2019 by fire by force. Then on the topic I think the OP was mischievous. Even wikipedia still recognises Nigeria as Africa's largest economy. That your like only took me to an unofficial blog. I hope you are not working for opposition. Though anything to oust Buhari is a welcome idea.
Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by Cjrane2: 3:50am On Sep 10, 2018
Rossikki:
Here are the FACTS:


EGYPT GDP:

https://www.google.co.uk/search?hl=en&source=hp&ei=x4GVW9HqOoTkkgW5nbzoBQ&q=EGYPT+GDP&oq=EGYPT+GDP&gs_l=psy-ab.3..0l10.789635.791660.0.791929.11.9.0.0.0.0.133.714.8j1.9.0..2..0...1.1.64.psy-ab..2.9.714.0..0i131k1.0.J6rxbOis0ZE


NIGERIA GDP:

https://www.google.co.uk/search?hl=en&ei=4ISVW6-ZD4nDgAaWz6u4Dg&q=NIGERIA+GDP&oq=NIGERIA+GDP&gs_l=psy-ab.3..0i67k1l5j0i7i30k1l3j0j0i7i30k1.33371.34316.0.35305.7.7.0.0.0.0.90.524.7.7.0....0...1.1.64.psy-ab..0.7.517....0.3G69Wm1Uyxs


I don't consider google a credible source.

However, official World Bank data in 2016 shows (SOURCE: World Bank: https://data.worldbank.org/?locations=EG-NG);

Nigeria's GDP at $404.6 billion dollars
Egypt's GDP at $332.9 billion dollars

We know Nigeria has had a recession from 2016 until 1st quarter of 2018 when we grew at 0.5%, and Egypt has grown by average of above 4% per year since 2016.

It is quite possible they have surpassed us as the CIA official data tends to portray.

In a few months, we shall know the truth where the numbers actually stand in 2018.

2 Likes

Re: EGYPT Is The Biggest Economy In Africa NOT Nigeria by OreMI22: 3:48pm On Sep 15, 2018
I don't even think Nigerians understand how bad our economy has become.

The government is still lying to Nigerians to hide the terrible things they have been doing to our economy.

It is only external data keeping organizations that have helped us to see all the evil things that are going on in our economy.

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