Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,717,104 members, 6,423,769 topics. Date: Thursday, 05 August 2021 at 10:28 PM

APC Destroyed The Nigerian Economy - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / APC Destroyed The Nigerian Economy (746 Views)

See How APC Destroyed Nigeria In 18yrs / How Apc Destroyed Nigeria For 18 Yrs / How Buhari Destroyed The APC Dream (2) (3) (4)

(1) (Reply) (Go Down)

APC Destroyed The Nigerian Economy by Bitterleafsoup: 1:44am On Sep 04, 2019
African Countries by GDP 2019 PPP
Rank Country GDP Per Capita (International Dollar)
1 Equatorial Guinea 34,865
2 Seychelles 28,712
3 Mauritius 21,628
4 Gabon 19,266
5 Botswana 18,146
6 Algeria 15,150
7 South Africa 13,403
8 Egypt 12,994
9 Tunisia 11,987
10 Namibia 11,528
11 Swaziland 9,882
12 Libya 9,792
13 Morocco 8,612
14 Cape Verde 6,942
15 Angola 6,813
16 Republic of the Congo 6,707
17 Nigeria 5,927
18 Ghana 4,605
19 Sudan 4,580
20 Mauritania 4,474
21 Zambia 3,997
22 Lesotho 3,869
23 Cote d'Ivoire 3,857
24 Djibouti 3,567
25 Kenya 3,496
26 Cameroon 3,359
27 Tanzania 3,283
28 Sao Tome and Principe 3,208
29 Senegal 2,678
30 Chad 2,433
31 Uganada 2,352
32 Zimbabwe 2,277
33 Benin 2,219
34 Mali 2,169
35 Ethiopia 2,113
36 Guinea 2,039
37 Rwanda 2,018
38 Burkina Faso 1,884
39 Guinea-Bissau 1,806
40 Sierra Leone 1,791
41 The Gambia 1,686
42 Togo 1,612
43 Comoros 1,560
44 Madagascar 1,554
45 South Sudan 1,503
46 Eritrea 1,434
47 Mozambique 1,266
48 Malawi 1,172
49 Niger 1,153
50 Liberia 867
51 Burundi 808
52 Democratic Republic of the Congo 785
53 Central African Republic 681
54 Somalia NA
Re: APC Destroyed The Nigerian Economy by CanadaOrBust: 1:54am On Sep 04, 2019
Bitterleafsoup:
African Countries by GDP 2019 PPP

New York Times
Nigeria's'Indigenization’ Policy
By John Darnton
Oct. 30, 1976

LAGOS, Nigeria, Oct. 29—In an effort to wrest control of the economy from foreign hands, Nigeria has embarked upon a stepped‐up policy of forcing foreign‐owned companies to sell into Nigerian ownership...

Throughout much of black Africa, there is a trend toward “Africanizing” the management or ownership of key industries, but nowhere is it as pronounced as in Nigeria, an economic giant whose gross national product is equal to all the rest of black Africa combined....

Chase Manhattan sold 60 percent of its equity shares at 1.24 naira, or almost $2 a share. Under the arrangement the Federal Military Government will control three of the five seats on its board, including the chairmanship...
Re: APC Destroyed The Nigerian Economy by Bitterleafsoup: 1:58am On Sep 04, 2019
CanadaOrBust:


New York Times
Nigeria's'Indigenization’ Policy
By John Darnton
Oct. 30, 1976

LAGOS, Nigeria, Oct. 29—In an effort to wrest control of the economy from foreign hands, Nigeria has embarked upon a stepped‐up policy of forcing foreign‐owned companies to sell into Nigerian ownership...

Throughout much of black Africa, there is a trend toward “Africanizing” the management or ownership of key industries, but nowhere is it as pronounced as in Nigeria, an economic giant whose gross national product is equal to all the rest of black Africa combined....

Chase Manhattan sold 60 percent of its equity shares at 1.24 naira, or almost $2 a share. Under the arrangement the Federal Military Government will control three of the five seats on its board, including the chairmanship...

That is exactly what Goodlucks administration was doing. After the oil contracts were set to expire in 2015 he was silently removed, with thr help of America. The Finance Minister was paying off debt for a decade. It was all sabatoged with Obama and Hilary support of Tinbus APC.

2 Likes

Re: APC Destroyed The Nigerian Economy by joseph1832(m): 8:16am On Sep 04, 2019
Bitterleafsoup:

That is exactly what Goodlucks administration was doing. After the oil contracts were set to expire in 2015 he was silently removed, with thr help of America. The Finance Minister was paying off debt for a decade. It was all sabatoged with Obama and Hilary support of Tinbus APC.
who incured those debt in the first place?
Re: APC Destroyed The Nigerian Economy by Bitterleafsoup: 11:13am On Sep 06, 2019
joseph1832:
who incured those debt in the first place?
Whoever came in before OBJ she was first hired by him.
Re: APC Destroyed The Nigerian Economy by joseph1832(m): 12:57pm On Sep 06, 2019
Bitterleafsoup:
Whoever came in before OBJ she was first hired by him.
so why make it sound like APC and PMB aerial responsible?
Re: APC Destroyed The Nigerian Economy by Bitterleafsoup: 1:48pm On Sep 06, 2019
joseph1832:
so why make it sound like APC and PMB aerial responsible?
My wonderful and handsome Joseph are you in Nigeria:? If you are, look around the other neighborhoods. People are suffering, no work is being done on the infrastructure, Herdsman are killing people.

3 Likes 1 Share

Re: APC Destroyed The Nigerian Economy by joseph1832(m): 3:11pm On Sep 06, 2019
Bitterleafsoup:
My wonderful and handsome Joseph are you in Nigeria:? If you are, look around the other neighborhoods. People are suffering, no work is being done on the infrastructure, Herdsman are killing people.
well its not today people are suffering in Nigeria, it's not today there are no jobs in the country and it's not today herdsmen started killing people. So please my beautiful friend, don't make it sound like all this things started when PMB occupied Aso Rock. kiss
Re: APC Destroyed The Nigerian Economy by Bitterleafsoup: 11:06pm On Dec 06, 2019
joseph1832:
well its not today people are suffering in Nigeria, it's not today there are no jobs in the country and it's not today herdsmen started killing people. So please my beautiful friend, don't make it sound like all this things started when PMB occupied Aso Rock. kiss
Did he not say he was going to fight corruption Dear? Where is the fight? IPOB is not stealing from Nigerians....
Re: APC Destroyed The Nigerian Economy by 7lives: 1:12am On Dec 07, 2019
Bitterleafsoup:
My wonderful and handsome Joseph are you in Nigeria:? If you are, look around the other neighborhoods. People are suffering, no work is being done on the infrastructure, Herdsman are killing people.

Answer the QUESTION.

(1) (Reply)

Nigerians Today Spotted Using Condemned Refrigerator As Means Of Transportation / Kogi West Rerun: They've Ordered For My Arrest, Sen. Melaye Alleges / Yahoo Boy Hacked Into My Account – Fashola

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 112
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.