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Nairaland Forum / Nairaland / General / Politics / Nigeria Has Become Africa's Money-losing Machine -Forbes (4217 Views)
Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF / Nigeria Has Become Africa's Money-losing Machine - Forbes Magazine / National School Feeding Programme To Become Africa's Largest By End Of 2018 - VP (2) (3) (4)
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by anonimi: 6:18am On May 29, 2019 |
googi: How is our debt now that she is no longer advising him? How has our productivity improved since he took over four years ago? Or what are we selling to others for us to be able to buy from them? Education, employment nko? How far? Do we have more fat cats of forex now or less www.nairaland.com/attachments/8405406_fbimg1546162771920_jpega42a952974d5b073eb79e48104c0c1b6 nigerianvenom: 1 Like |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by rusher14: 6:23am On May 29, 2019 |
Ekpeitut: Trust you? |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by rusher14: 6:26am On May 29, 2019 |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by anonimi: 6:27am On May 29, 2019 |
googi: But Ngozi and her boss moved beyond preaching and acted to deliver. Big difference that was disrupted by the rent seekers who are now in power finishing off the country. 1 Like |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by Jgovt(m): 6:35am On May 29, 2019 |
Lol.... You ain't funny.. � makdcash: |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by nijabazaar: 6:39am On May 29, 2019 |
Nigeria has gone... Make no mistake, Buhari is a dunce,and has been an absolutely dreadful president, impervious to reality, deeply unsympathetic, utterly tone deaf. Missing any chance to actually compromise. Anyone who has met him will tell you that he doesn’t really do human, not bright enough to understsnd economics at the barest level. With Buhari, A walk-in freezer has more warmth....and intelligence. More importantly he doesn’t do dialogue, he simply repeats his lines and his mantras until people are so bored they possibly agree with him. Or he pretended they did. Each day, waking up to a buhari nigeria makes me wish for Biafra. Nigeria x never gonna make it. i mean when was the last time u hear anything positive about Nigeria on a foreign magazine pre-2015? Back before 2015, we often hear best investment destination, largest this, second largest this, Next this to watch, richest that.... but now. fvck Buhari...fvck Tinubu and his inordinate greed 1 Like |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by anonimi: 6:45am On May 29, 2019 |
naijaseeker: Such an excellent post. I wish nairaland could be dominated by such comments instead of the trash that litters the front page about yeyebrities and their fake life plus politicians and their propaganda. Zero on policy. Zero! 3 Likes |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by SarkinYarki: 6:47am On May 29, 2019 |
googi: this man will you Shut this gibberish you are spewing up !!!! 2 Likes |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by anonimi: 6:57am On May 29, 2019 |
SarkinYarki: He admitted as much already in his conclusion below. googi: 4 Likes |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by nijabazaar: 6:59am On May 29, 2019 |
googi: Stop this nonsenses you are peddling. dont rub more salt to our collective sour. Buhari is taking us to Venezuela and you are here trying to reinvent his image. Stop abeg...Stop 1 Like |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by bkool7(m): 7:08am On May 29, 2019 |
Lifestone: What progress did those who managed it before them make? All we're doing is taking 2 steps forward and 5 backward. All our leaders have been self serving and parochial |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by anonimi: 7:17am On May 29, 2019 |
bkool7: Blaming leaders is the easiest part. How are you/we different from our leaders As for the OP, my concern is how we went from so much promise in 2014 to a basket case in 2019? LRNZH: 1 Like |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by MorufuAtanda: 7:27am On May 29, 2019 |
Dumbohari Don finish this country. 1 Like 1 Share |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by Ekpeitut: 9:42am On May 29, 2019 |
rusher14: Yes na. I have your overall best interest at heart |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by Lifestone(m): 9:47am On May 29, 2019 |
bkool7:Stop this idea of comparism. If those before had done well we won't be in this miserable position. How do you benchmark failure? Unfortunately you are also a victim of bad leadership. So stop defending ineptness. 1 Like |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by Lifestone(m): 9:57am On May 29, 2019 |
Front0lane:You guys should please stop this comparism. Are we benchmarking our past or the best in the world? Aside, PMB promised better deal, we voted for him but he failed simple. I sincerely want to believe that the second term will be better. 1 Like |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by budaatum: 12:15pm On May 29, 2019 |
ivandragon:Grandpa! You being "vile" and "ill-mannered" and a "bullying dolt" here too?! This is so I know you're learning, grandpa! Mummy and daddy said to say "Helloooo o". |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by Front0lane: 1:03pm On May 29, 2019 |
All over the world developmental project are compared btw the past n present to be able to project beta for the future but because those you Igbos supported failed Nigeria woefully in the past you want us all to ignore the past like it never happened n now adapt America standard of development for Niger like your cursed PDP ever followed American standard in looting ruining n destroying Nigeria. The past is what the achievement of the present will be judged upon n not foolish Igbo Ipob PDP supporters utopia. Lifestone: |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by ivandragon: 2:28pm On May 29, 2019 |
budaatum: lol... you will be the one to get tired. 1 Like 1 Share |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by googi: 2:31pm On May 29, 2019 |
Naijaseeker, I said it earlier, two reasonable people can agree to disagree. In order to move forward, let us think less about Ngozi who I was familiar with in Boston and Buhari who I hardly know but now labeled his defender, ouch! Please we cannot escape responsibility by claiming certain period is not in our time. Nigeria has young population, it is our responsibilities to contribute the little we know, not only during our time but before and beyond. Watch every economic analysis, it is from the point of view of foreign investors. How much they are bringing in for the country to grow, never how much they are taking out. Yet, in their cases it is about how foreigners are reaping them off. Indeed, this is the basis for their current nationalism. Every African leader from Nkrumah, Nyerere's Ujamah to Lumumba that even tried to think like them have been struck down. Contrary to what some might think, I have nothing against foreign trained. Most of our Independence fighters were. And so were many of us. This disagreement within us were deliberately created and it might go on for many years unless we start looking within for our economic salvation and not from foreigners or their vanities. If we have been crawling since our great Empires before Muslim and Barbarians destroyed us, we would be better off today. I agree with you that man is created to look for his selfish interest first but how long is enough in the case of Africa being sucked to death and blamed at the same time for low IQ, as if I know what IQ is other than instant gratification. Do you remember or read about Gold Standard? You sure remember a country named Gold Coast. Today America and Brittain just print papers and back them up with nothing or vanities. There are more $100.00 notes outside US than inside. Dare them as Gadhafi did, and tell me how they turned him and his country into rubles. They lost their paradise and replace it with the rule of law or human rights. Did China depend on democracy, Muslim and Christian religions to become their new Financial and Nuclear threat today? We have enough talented Nigerians to innovate, copy, steal intellectual properties and compete as Japan, Russia and China did. But London School of Economics, Harvard, Toronto, McGill trained graduates that our youth worship and are daily looking up to will not let us. |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by budaatum: 2:34pm On May 29, 2019 |
ivandragon:12 year old get tired before grey haired grandpa gets tired? You funny. And obviously don't see me running round your tired old squiggly knees. I'll let mummy and daddy know grandpa needs new glasses so you can see. Maybe they'll let me send you the money in my piggy bank. |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by budaatum: 2:40pm On May 29, 2019 |
googi:They don't exactly "let" China either. But the smart Chinese don't look up to them or worship them neither. They place much value in their selves instead and refuse to worship foreign "gods" and steal and copy "god's" food instead. I can't wait till we Nigerians grow up and value ourselves too. Someday, I hope, soon. 1 Like |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by Lifestone(m): 4:30pm On May 29, 2019 |
Front0lane:There he goes again. We are having mature debate and rather than argue base on intellect, you've gone tribal. It's obvious that your global view and development understanding is very limited otherwise you will know that China Singapore, Brazil etc became what they are today by benchmarking the developed Western countries and not their past. Comparism with the past only becomes consequential. Let's stop this tribal stuffs and hold our leaders accountable where necessary and praise them when they have done well. By the way I am proudly YORUBA from Ondo State. 1 Like |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by Lifestone(m): 4:41pm On May 29, 2019 |
budaatum:It's the responsibility of our Leaders to bring this out. 2 Likes 1 Share |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by ivandragon: 5:03pm On May 29, 2019 |
budaatum: poor morals... you left the chap spewing ethnic hate. shows you have a bent moral compass... 1 Like 1 Share |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by kotv: 5:03pm On May 29, 2019 |
And this did not make front page. This site is obviously under APC payroll. What a joke. 3 Likes 1 Share |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by budaatum: 5:14pm On May 29, 2019 |
ivandragon:Are you trying to whatabout me grandpa? You should know by now that no one made buda the morals or ethics police on a public forum, and my compass is only directed at you grandpa, who insulted buda! |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by budaatum: 5:18pm On May 29, 2019 |
Lifestone:I don't agree. I think it is mine and every individuals' responsibility to bring this out. And we can start by curing ourselves of our individual ignorance. We are the leaders. We just don't realise it yet, which is why we are sheep. 2 Likes 1 Share |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by Front0lane: 5:20pm On May 29, 2019 |
If you like you can be from Hell I don’t give flying fucqs. Only intelligent humans can be debated not foolish PDP supporters that kept shut while the party they support ruined Nigeria for 16 years. Telling the failure that PDP is not tribal, it only show how foolish anyone against the development APC is bringing about in Nigeria compare to the failure that PDP will forever be till eternity is. Only fools tell others how to reason, n even more foolish soul argue that we should ignore the past n where we were coming n start dreaming about an utopia that no foundation was built for it. A lot of people that reason as foolishly as you have chosen deserve to be beaten to death for such pathetic reasoning. China looked inward to develop, so those many other developing countries none was looking at Utopia from Europe like you proffer so stop being foolish in tot cos of bigotry and outright foolishness. As you pathetic PDP supporters say u no go get sense, I will personally make sure I reorientate you n your father to reason intelligently. Lifestone: |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by RTSC: 5:47pm On May 29, 2019 |
The fact is that both the sycophant and the patriots will not be spared of the direct consequences of mis governance. We all buy from the same markets and apply for the same jobs. The economy will not suddenly favour you because you like buhari. 2 Likes |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by Lifestone(m): 5:55pm On May 29, 2019 |
Front0lane:Your rants above are pure empty with no substance to support the focus of our debate. I voted and campaign for PMB in 2015 against the poor handling of the country by PDP. While PMB has done well in some areas he has performed woefully in the management of our country's economy with rising deficit budget and unemployment. Only a bigot will not see these among others. That you are not aware that all leading producers of any products today has operations in China beats my imagination. Maybe you don't know, that's what we mean by foriegn investment, no country including the US can wish that away. The cruz of this discussion is that PMB has failed in creating the right environment by putting in place critical reforms to ease doing business in Nigeria. Things like security of life and property, Legal reforms on trade dispute (an average trade dispute in court takes over 6years if you are lucky). Respect for contractual agreement and intellectual property Land law reforms You still need to sort to register a company with CAC in Abuja etc Fiscal and monetary reforms that will eliminate paper millionaires (the current 3 tier exchange rate regime permits rents seeking). These are my points. We don't need rocket science to get some of these things done. These are what the foreign investors are waiting for. PMB needs new ideas and he must figure out how to get it done, that's why he asked for the job and that's why Nigerian voted him to power. As per all the other rants in your post, it shows your level. I don't fight with the pig 2 Likes |
Re: Nigeria Has Become Africa's Money-losing Machine -Forbes by Lifestone(m): 6:04pm On May 29, 2019 |
budaatum:While I do agree that individuals should take responsibility, you will agree with me that it's only individuals that have been prepared that can reason the way you have. Today we still have millions of children out of school, children malnutrition is still pervalent ( this leads to staunted growth and inhibit mental development & intellect), we still surfer high mortality from diseases that have been completely eradicated in other climes.Our human dignity suffered etc. 2 Likes 1 Share |
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