ugochukwufrenzy:
amen,,and may God rule rule your life d way buhari is ruling Nigeria....cmon,will u shout amen

Rebelutionary:
Thank God for this present government because ours will have been worse than Venezuela plus Zimbabwe... Cos we can't imagine a fast spreading bokoharam insurgency and an economy in recession...

KenOne:
PDP and it's supporters will avoid this news. Oh i forgot they are making a defence to put up why South Africa slide into recession.

Here are the defence:

1) Even if South Africa went into recession their country is still better than Nigeria.

2) The recession South Africa went into is different from Nigeria's own. Infact South Africa recession is better.

Oga recession is recession!

dipoolowoo:
By Dipo Olowookere

Reports from South Africa show that the country’s economy, the second largest in Africa, has again dropped into a technical recession.

This was after the nation’s Gross Domestic Product (GDP) for the second quarter of 2018 compressed further by 0.7 percent, according to figures released on Tuesday by Stats SA.

This marks two consecutive periods of contraction the country was recording, which therefore equates to a recession.

Business Post reports that in the first quarter of this year, South Africa’s GDP contracted by 2.6 percent.

“Real gross domestic product (measured by production) decreased by 0.7 percent in the second quarter of 2018, following a decrease of 2.6 percent in the first quarter of 2018.

“The largest negative contributors to growth in GDP in the second quarter were agriculture, transport and trade,” the Stats SA said in its report today.

This is the first recession South Africa is entering into since its new leader, Mr Cyril Ramaphosa, took over from Mr Jacob Zuma, who also witnessed an economic recession while in office.

https://www.businesspost.ng/2018/09/04/breaking-south-africa-slips-into-recession-again-q2-gdp-drops-0-7/

Factfinder1:
They will bounce back in less than 2 months but nothing good is going to happen to Nigeria's GDP until the lifeless dullard goes back to daura

muykem:
Thank God for giving us Buhari.

muykem:
Thank God for giving us Buhari.

Neoteny:


Guess you missed the part where it says this is the second quarter of growth retardation.

Yet they'll magically bounce back in less than one quarter

You're igboe, I guess.

muykem:
Thank God for giving us Buhari.

KenOne:
PDP and it's supporters will avoid this news. Oh i forgot they are making a defence to put up why South Africa slide into recession.

Here are the defence:

1) Even if South Africa went into recession their country is still better than Nigeria.

2) The recession South Africa went into is different from Nigeria's own. Infact South Africa recession is better.

Oga recession is recession!

PrecisionFx:


Buhari is a lifeless zombie coordinator

trillville:


Both Venezuela and Zimbabwe have lower percentages of people living in extreme poverty and fewer poor people than Nigeria.

Analogy
The fact that a plane crashes so all news stations talk about the victims does not mean more people die from air crashes than other means like road transport. Road accidents are normal so there is no story to tell. Extreme poverty is normal so it doesn't normally make news, but for the fact that we overtook India to become the world capital.

Rebelutionary:

Mr. will u dump Nigeria for VenezuelA or Zimbabwe even with our current reality? Statistics are dependent hugely on the TIME surveys were taken...all this Nigeria surpassing India stats that some of u keep harping on without askin critical questions like when did they take their surveys is arguable. If it was conducted at the height of our recession then i am inclined to agree but as it is now despite our unpalatable n sorry state, we cant be as bad india.

We are out of recession n SA is experiencing a second one in a row n u still peddling that stat in our face? haba!

Neoteny:


Guess you missed the part where it says this is the second quarter of growth retardation.

Yet they'll magically bounce back in less than one quarter

You're igboe, I guess.

trillville:


Both Venezuela and Zimbabwe have lower percentages of people living in extreme poverty and fewer poor people than Nigeria.

Analogy
The fact that a plane crashes so all news stations talk about the victims does not mean more people die from air crashes than other means like road transport. Road accidents are normal so there is no story to tell. Extreme poverty is normal so it doesn't normally make news, but for the fact that we overtook India to become the world capital.

Doyin2:


Absolute trash.

So is zimbabwe or Venezuela economy better than ours?

By virtue of our population,Nigeria has more poor people and rich people in Africa .It is a matter of % of your population.

That does not mean Nigeria as a nation is poorer than Zimbabwe or the rest of the world.

Our GDP remains the highest in Africa.The issue is the highly skewed distribution of wealth.

KenOne:
PDP and it's supporters will avoid this news. Oh i forgot they are making a defence to put up why South Africa slide into recession.

Here are the defence:

1) Even if South Africa went into recession their country is still better than Nigeria.

2) The recession South Africa went into is different from Nigeria's own. Infact South Africa recession is better.

Oga recession is recession!

Rebelutionary:

Mr. will u dump Nigeria for VenezuelA or Zimbabwe even with our current reality? Statistics are dependent hugely on the TIME surveys were taken...all this Nigeria surpassing India stats that some of u keep harping on without askin critical questions like when did they take their surveys is arguable. If it was conducted at the height of our recession then i am inclined to agree but as it is now despite our unpalatable n sorry state, we cant be as bad india.

We are out of recession n SA is experiencing a second one in a row n u still peddling that stat in our face? haba!

GavelSlam:


Clarus.

awelekiti:
. Heard about it. Black factor is stylishly destroying SA economy . Only the facilities their colonialists left behind are what people could point to. The moment Mandela left after promising a single term rule, (unlike buhari who said he'd do only 4 years as widely quoted but now changing his mind and that's the reason mandela would continue to be delebrated or centuries to come) the SA's successive governments have been greeted with one corruption case to another.

Enice:
Buhari never changed his mind, he was prevailed upon to contest a second term by patriots and progressives because vultures and vampires like Saraki and Atiku were all set to scavenge Nigeria without even leaving behind a carcass like GEJ.
With Buhari still on the block, these vultures have left for the PDP.