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Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Designer123: 7:52pm On Jan 05, 2020 |
Hh |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by thundafire: 7:52pm On Jan 05, 2020 |
Once dis country have steady power supply things will kick up and we need a vision leader not the ones who see just today and boast of yesterday 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by emerged01(m): 7:52pm On Jan 05, 2020 |
Osun again? Pls what is in Osun? Osun is always having low poverty rate. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Tizboss75: 7:52pm On Jan 05, 2020 |
I love this, Nice write up 2 Likes |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by risos(m): 7:53pm On Jan 05, 2020 |
Sh |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by frank417: 7:53pm On Jan 05, 2020 |
Until we get rid of corruption and sentiments, nothing will move. The reason why these successful countries experience growth is because the leaders and citizens are in competition with themselves to be the best. Our own is how to embezzle money that will be enough for our lineage or support those only in our circle. Only a handful in Nigeria are ready to do the right thing. And if you do, people become sentimental either by tribe or religion to destroy your effort. 3 Likes |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by DexterousOne(m): 7:53pm On Jan 05, 2020 |
Very informative work done here. 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by GODPUNISHALABI: 7:53pm On Jan 05, 2020 |
useless shithole |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by BedLam: 7:53pm On Jan 05, 2020 |
Insightful. Nothing that we don’t know or doesn’t have an idea about. A typical Nigerian has the biggest ideas but problem is putting those to work. When it comes to the economy, I’m actually very scared. The next generation is going to be so poor because they’ve glorified get rich quick, flashy life without any input. It’s like people just wake up in Nigeria , eat and have sex and then sleep and wake up again. Even those with the money just want to spend it. Not understanding how to make their money productive. It’s a shame. 9 Likes 1 Share |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Walehelt(m): 7:54pm On Jan 05, 2020 |
Nice write up |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by BedLam: 7:54pm On Jan 05, 2020 |
thundafire:Power supply is not enough to motivate a lazy person or fix the other things a country needs. We need power supply and many other things. 4 Likes 1 Share |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Nobody: 7:55pm On Jan 05, 2020 |
Roon9:Inside life 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Mac2016(m): 7:56pm On Jan 05, 2020 |
GDP in a country with great divide in wealth could be misleading.... For the political stratum Nigeria GDP supercedes that of Luxembourg and it is the best in the world. For the bourgeois, it is way less than average quoted for Nigeria Again is Luxembourg sef richer than Norway or the US with less GDP than theirs? Abeg economists shd get a new measuring criterion... 4 Likes |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Nobody: 7:56pm On Jan 05, 2020 |
Nigeria is as poor as sh*t. You talk about potentials of human capital? Whether a human's brain works or not, one thing is sure -- his belly would work. There are so many hungry individuals in this country that are at the same time unproductive -- chiefly because of ignorance, lack of education and tools. They can't create value. Even the graduates, what can they produce? Yes, what if there are no employers whatsoever? No govt jobs, no private jobs. How do these graduates create value then? Employers, government are in the end, human beings -- and there has to be a strong shift in orientation in order to bring awareness and knowledge to school leavers and graduates to create employment, even if slipshod. There also has to be a balance of goods produced and services. Nowadays, everybody is saying 'Teach me freelancing'. If everyone is an online freelancer, who's producing goods? Reliance on importation would keep dragging us back. We have to think of systemic and the most cost-effective ways to produce the most, with the least efforts. Until then, poverty would ravage this country from pole to pole. Many literates still view wealth as piece of paper called money, but if that were so they should travel down to Mozambique where they will earn 10 million mozambique dollars and it wont be able to afford toilet roll. We as a nation have very very poor understanding of money, societal structures, wealth creation, factors of production, global trade and economics. That is why a fresh graduate by default begins to think of a system he can quickly plug himself just to make money and have a roof over his head. This money and economic illiteracy is the reason why we fail so miserably in properly evaluating state leadership and the performance of our rulers by and large. I have deliberately decided to skip the ubiquitous illiteracy and regressive Northern section of the country, parochial approach to all and sundry and sentimental adoption of religion, even though this is the crucial amplifier to this nation's distress. But if truly Nigeria would be saved, the south has to play a major role especially in two things: value and education from the very grassroots. And then, that education should beam serious focus on two subjects: history and economics. Schools dont teach economics well enough. Its the most important subject. 12 Likes 1 Share |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by nijabazaar: 7:56pm On Jan 05, 2020 |
Hfu.ck Nigeria |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by babsthegreat: 7:56pm On Jan 05, 2020 |
Speak2klein:very educative I hope we get there someday 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by paltielx: 7:57pm On Jan 05, 2020 |
All that nigeria need is for it to support our local manufacturer, we have the population so there is hope. Another things is effective management of public fund 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by itsme01: 7:57pm On Jan 05, 2020 |
u11ae1013: atleast his state isnt as poor as Ebonyi, SoutEast State or North even Osun isnt poor 1 Like 1 Share |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by sparog(m): 7:58pm On Jan 05, 2020 |
Good stuff |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by thundafire: 7:58pm On Jan 05, 2020 |
BedLam:I can tell u say carry a lazy person to Germany give him a job and watch him turn walkaholic |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by alphajerus(m): 7:59pm On Jan 05, 2020 |
well constructed presentation i must say. The solution to this norms is a bit unclear, but las las naija go beta. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by tunjilee003: 8:02pm On Jan 05, 2020 |
Nigeria is a nation filled with abundance human and material resources, those at the helms of power lack strategic planning, they only fight for their pockets, we would have gone far with our enormous resources but corruption and wastage is the order of the day.... The best thing the government can do to be in par or level with other nation is to trim down adminstration cost and also prevent wastage,there should ensure equitable distribution of income...corruption is what is taking development backward in Nigeria and am sure with time everything will sure fall in your place.... Lastly, we shouldn't neglect the agricultural sector because it plays a key role in terms of employement and equitable distribution.... God bless Nigeria 2 Likes 1 Share |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Hedonisco: 8:03pm On Jan 05, 2020 |
Facts. But contrary to your suggestion on "what should we do", I think there's only one solution: enthronement of meritocracy. Meritocracy would change everything. This prevailing national culture of creating artificial hurdles for talents, and elevating mediocre idiots to undeserved positions et cetera is the only reason why Nigeria remains stuck in the cesspit of stagnation. Call it nepotism, call it quota system, call it a perverse culture of "grace and favour", its all the same thing. Only the best and brightest should get whatever opening there is - jobs, contracts, etc. Across both public and private spheres. It's really that simple. 7 Likes |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by BOFREJO(m): 8:04pm On Jan 05, 2020 |
Mrpsly247:hmmmn! but sir what have you been doing for years....... |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Carlyboi(m): 8:04pm On Jan 05, 2020 |
Good read bro thumbs up quite incisive...!i think we can actually turn around this population thing to help the country grow and develop economically we need to get our most vibrant population which is the youth active and productive we can always use the templates of the Asian tigers...the highly populated ones or even the king of them all China....we need to look st agriculture and industrialization to tackle unemployment largely we need investment in education and most importantly ICT or IT large scale investment cos that’s obviously the new crude and the new cool we need to stop being a consumer nation and the dumping ground for all the goods and products of this first and third world countries! 3 Likes |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by DJperdurabo: 8:05pm On Jan 05, 2020 |
A truly cerebral piece! Let's move the country forward. Our people are our greatest asset as a nation even though it's sad to see that such a resource has been underutilised. This is why you should contact me now for your business and personal cash needs. Just meet the simple requirements (see my thread in the business advert, and investment sections) and we are good to go. My services is limited to businesses with offices or presence in Lagos for now for obvious reasons. Let's move this country forward beyond relying on a non-funcrioning government for everything. We can create wealth if we are truly focused. 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by bush112(m): 8:05pm On Jan 05, 2020 |
Nigeria |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by osazee12(m): 8:06pm On Jan 05, 2020 |
Northern Nigeria is the epicenter of Poverty. The average poverty rate is about 80%. That region of nigeria has continued to drag us as a nation backwards. 4 Likes 1 Share |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by DJperdurabo: 8:07pm On Jan 05, 2020 |
Hedonisco: Hear Ye! Hear Ye!! Contact me now for your personal and business cash needs. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by PHijo(m): 8:07pm On Jan 05, 2020 |
The primary problem is that Nigeria is a country of many nations with divergent interests. Until we admit we are not one and include that reality in our development plan we will keep on running in circles. 7 Likes |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by faoogoke(m): 8:07pm On Jan 05, 2020 |
The calculators of our Per Capital Income keep making the same mistake. Calculating our per capital income against a population figure of whatever now...160 million or is it 200 million mess it all up. Nigerian's population is between 130 million and 140 million. The poverty, diseases, deaths etc issues Nigeria has is principally in the northern part of Nigeria. Remove the Northern part of the country from the calculations and Nigeria's per capital will be the highest in Africa. The Northern part of the country and its leaders need to do a lot more for their people. The poverty here is terrible. There is widespread illiteracy and lack. Its such a sad commentary, that;s however not to excuse leaders of the Southern part who are also guilty of neglecting the common good of the people. 6 Likes |
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