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Nigeria Ranked As The Number One Country To Do Business In Africa - Politics (4) - Nairaland

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Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Lewandoski20(m): 12:16pm On Jan 27, 2020
God Bless VP Osibanjo, Vice President Federal Republic Of Nigeria.
God Bless The Suffering and Hardworking People Of this great country. We all did it!
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Blindersoff: 12:20pm On Jan 27, 2020
LadyExcellency:


The group is not responsible for the ranking.

Nigeria is an investment destination - Yes

GDP - highest in Africa

Population - Most in Africa

But these are not the only primary factors for the ranking


Again, click the link and read and stop being proud of your illiteracy
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by SctDonald(m): 12:20pm On Jan 27, 2020
It is possible because Nigeria is the central market for Africa... A dumping ground for the rejected articles..

1 Like 1 Share

Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Blindersoff: 12:21pm On Jan 27, 2020
PHijo:

Your quote is misleading!
Poverty can be best determined by per capita earnings. This list was made to promote mediocrity. Nigeria is amongst the world's poorest when you factor in important indices like per capita income or GDP per capita in usd

Your brain is misleading you. Read the link and stop having a deeply myopic brain
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by khalids: 12:25pm On Jan 27, 2020
If you look closely.....the main KPI that is giving us the lead; is population......

However, this might not translate to much if the spending power of the populace is not improved upon........Until this is done, the government has achieved nothing

2 Likes

Re: Nigeria Ranked As The Number One Country To Do Business In Africa by lexy2014: 12:25pm On Jan 27, 2020
Lewandoski20:
God Bless VP Osibanjo, Vice President Federal Republic Of Nigeria.
God Bless The Suffering and Hardworking People Of this great country. We all did it!

Theres nothing much that buhari & osinbajo did. What actually made Nigeria top are size of population & nominal GDP. In other areas like actual ease of doing biz, GDP growth& forex, u will see countries like Rwanda, kenya and Mauritius showing more leadership & promise compared to Nigeria

2 Likes

Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Austineva(m): 12:26pm On Jan 27, 2020
D igbos made that possible. Argue that with ur gbolas
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by lexy2014: 12:27pm On Jan 27, 2020
Blindersoff:


Again, click the link and read and stop being proud of your illiteracy

D person who say is illiterate is absolute correct. If u don't agree with his or her views, kindly tell us why since u read d info on d link
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by lexy2014: 12:29pm On Jan 27, 2020
danot1030:
This is a bad news for Buhari's haters, they will tag APC media news.

Pls look at d indices carefully. D reason Nigeria tops is because of population size& nominal GDP. In terms of actual ease of doing biz, Nigeria ranks lower than SA, Mauritius, Morocco & Kenya. In terms of forex, GDP growth&per capita, Nigeria is lower than Rwanda and others
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by goldenwealth202: 12:30pm On Jan 27, 2020
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Re: Nigeria Ranked As The Number One Country To Do Business In Africa by lexy2014: 12:31pm On Jan 27, 2020
Queseda:

But the news would have been true assuming Atiku/Obi were the ones in power.....you dunderheads continue to cut off your nose to spite your face.
That you hate Buhari doesn't mean you should wish your country evil. If Nigeria fails, you also fail, and you succeed if Nigeria succeeds.

But d news doesn't actually show that Nigeria has succeeded. If u look at d indices used, u will see that Nigeria is actually lagging behind smaller nations. We only top in population & nominal GDP. That's not success

2 Likes 1 Share

Re: Nigeria Ranked As The Number One Country To Do Business In Africa by ikdaddy01(m): 12:32pm On Jan 27, 2020
scribble:
I have never heard of 5 thousand miles before

Who ate they?
Na dem dem.
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by PHijo(m): 12:32pm On Jan 27, 2020
Blindersoff:


Your brain is misleading you. Read the link and stop having a deeply myopic brain
As usual with people like you, you will resort to insults since you lack the intellect. All you are good at is copy and paste. I won't descend to your drainage level.

1 Like 1 Share

Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Blindersoff: 12:34pm On Jan 27, 2020
[s]
PHijo:

As usual with people like you, you will resort to insults since you lack the intellect. All you are good at is copy and paste. I won't descend to your drainage level.
[/s]

You mean your gutter level
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Blindersoff: 12:35pm On Jan 27, 2020
lexy2014:


Pls look at d indices carefully. D reason Nigeria tops is because of population size& nominal GDP. In terms of actual ease of doing biz, Nigeria ranks lower than SA, Mauritius, Morocco & Kenya. In terms of forex, GDP growth&per capita, Nigeria is lower than Rwanda and others

So you admit the chart is true based on these indices and thus also true per overall ranking.

Why they are you having a fit?
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by lexy2014: 12:36pm On Jan 27, 2020
Staro:



Exactly my dear ...

IPOB Ibos own Transparency International. That's why it claimed that Nigeria's corruption is worsening under Baba Buhari.

IPOB Ibos control the World Bank and IMF. That's why they keep releasing negative reports about Baba Buhari's administration

It will never be well with IPOB Ibos. Baba Buhari is the best president in the world

.






Sorry to burst ur bubble but pls click on d link& study d graph. U will see that Nigeria is not doing as well as u think compared to d other countries.

Pls how is buhari d best president in d world?
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by lexy2014: 12:43pm On Jan 27, 2020
Blindersoff:


So you admit the chart is true based on these indices and thus also true per overall ranking.

Why they are you having a fit?

I don't no were u saw anyone having a fit. D point is take ur time to study d information provided b4 u roll out d drums. Even if u are going for "overall ranking", any enlightened person will always want to see what went into d rankings & from all indications, Nigerias ranking isn't a product of deliberate govt action. That's what any foreign investor will be looking at because both in d short& long term, Nigeria is still lagging behind
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by djon78(m): 12:43pm On Jan 27, 2020
jozee8:
I don't know the kind of technology that was used oo
But if you're are going to accept this then you should have no stress accepting the previous ratings, rankings and indexes

My own is what's really spectacular about this ranking.
The government should grow Nigeria's economy not looking for cheap ranking.
We have a rapidly growing population, universities are churning out graduates at a high rate with millions not sure of job.

The government should focus on the economy. The right things must be done. We have the population, workforce to build a huge thriving economy. Nigeria should by now have been a trillion dollars economy. That should be governments goal, not unnecessary ranking that allows us to teli ourselves lies instead of waking up to the reality facing us as a nation.

3 Likes 3 Shares

Re: Nigeria Ranked As The Number One Country To Do Business In Africa by urahara(m): 12:44pm On Jan 27, 2020
grandstar:


During PDP shambolic 16years, the economy grew on average 6% yearly. During Buharis 5 years, it has barely grown 1%.

It is not a PDP or APC stuff. Many economists have condemned many of Buharis policies, notably has foreign exchange control policies which badly the economy and brought about a crushing recession. Soludo, Lamido and Utomi all joined hands condemning it. Some of it still remains in place and all relic of it needs to be demolished. That is the elephant in the room.

Buhari means well but his poor educational qualification is the biggest headache facing the economy today.


Russia that devalued nko how has their own been better.
And remember that those years of jobless economic growth during PDP meant nothing to the common man.
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Blindersoff: 12:53pm On Jan 27, 2020
lexy2014:


I don't no were u saw anyone having a fit. D point is take ur time to study d information provided b4 u roll out d drums. Even if u are going for "overall ranking", any enlightened person will always want to see what went into d rankings & from all indications, Nigerias ranking isn't a product of deliberate govt action. That's what any foreign investor will be looking at because both in d short& long term, Nigeria is still lagging behind

Overall ranking is very crucial despite the indices used.

Besides GDP growth is for the nation and is not the concern of an investor when compared to population viz a viz ease of doing business or best brand in Africa as a nation as well as biggest economy

We are not lagging behind. You simply wish we were lagging behind so badly and wish you could wish it so.

Sorry, based on the latest outcome of the UK summit that just got concluded, investors think otherwise from how you do and Nigeria got probably the best or one of the best investment deals per value.

Eat your heart out
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by jackfj: 12:54pm On Jan 27, 2020
SangoOlukosoOba:
God bless His Excellence, President Mohammadu Buhari (GCFR)

With haters abound, The administration of His Excellence, President Mohammadu Buhari is making giant strides at a slow and steady pace.

If the sane must agree with this administration, Nigeria would have been at a higher podium if we moved at this pace during the 16years of PDP shambolic rule.

Kudos to this administration. Sacrifices we are certain to reap in the future are being made.

God bless The Federal Republic of Nigeria.

Ignorance they say is not an excuse!
How on Earth will you attribute Nigeria been a place to do business to PMB administration.

Even a 10year old is fully aware of the fact that Nigeria is a place to do business simply because of it's population strength in Africa.
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by sparko1(m): 12:54pm On Jan 27, 2020
KanwuliaExtra:
Because of 'KWARRRAPTION and LACK OF SECURITY'. kiss
Ask Dangote! wink
You can steal, kill and run away with other peoples money/goods.
You can work and not get paid.
You can invest and harvest at will at the expense of the blood, sweat and tears of others.
You don't need a conscience, work ethic or any sense of accountability.
The police is always your friend against the poor.
You can do whatever and get away scott-freeeeeeeeeeeeeeeeeee!

The best place to do business. . . where you do not have to pay attention to quality and you don't have to worry about disgracing yourself with substandard performances.

Push come to shove. . . . tell the investors that 'a big snake swallowed billions of investors' money.
A lawless country can only be a breeding ground for criminals.
The more corrupt. . . the greater the chances of success!

Salute!

Your problem is, you like bad news! This is not good as a person, when you see something good appreciate it, you don't have to criticize all the time!

Drink lots of water, don't give yourself high blood pressure because of Nigeria, nobody cares.

1 Like

Re: Nigeria Ranked As The Number One Country To Do Business In Africa by ddeola: 1:01pm On Jan 27, 2020
Who dey deceive who? undecided undecided undecided undecided undecided undecided undecided undecided undecided
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by lexy2014: 1:02pm On Jan 27, 2020
Blindersoff:


Overall ranking is very crucial despite the indices used.

Besides GDP growth is for the nation and is not the concern of an investor when compared to population viz a viz ease of doing business or best brand in Africa as a nation as well as biggest economy

We are not lagging behind. You simply wish we were lagging behind so badly and wish you could wish it so.

Sorry, based on the latest outcome of the UK summit that just got concluded, investors think otherwise from how you do and Nigeria got probably the best or one of the best investment deals per value.

Eat your heart out

There's a difference between actual & d ideal. U want d ideal but d KPIs u provided paint an entirely different pix. To even say GDP growth isn't important to investors is d greatest travesty I have ever read in an economic discussion except u don't no what GDP is. Maybe u can shed light on why and how GDP growth isn't important to investors.

What went into d overall ranking and how did Nigeria do in all d indices compared to d other countries? Apart from population & nominal GDP, what else did Nigeria top?

If u say "ease of doing business" is very important to investors, pls how did Nigeria rank compared to d other countries using d ease of doing business index?
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by onlyforchrist: 1:07pm On Jan 27, 2020
Blindersoff:
Nigeria now ranked as the number one country currently to do business in Africa.

It is ranked above Egypt and South Africa who are 2nd and 3rd respectively while Ghana and Rwanda made it to top 10 at 9th and 10th respectively


Data and ranking was arrived at after considering and comparing economic indices such as;

POPULATION
NOMINAL GDP
FOREIGN RESERVES
GDP GROWTH RATE
TRANSPARENCY INDEX
EASE OF DOING BUSINESS
GDP PERCAPITA
CURRENT ACCOUNT BALANCE


https://mobile.twitter.com/BashirAhmaad/status/1221542146823639041

Really? the reality is far from what the paid statistics showed.
Nigeria is the worst place to start any business. With those parameters as a measure I will call that as a white elephant stats that becloud the truth on this subject.

1 Like 1 Share

Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Blindersoff: 1:11pm On Jan 27, 2020
[s]
lexy2014:


There's a difference between actual & d ideal. U want d ideal but d KPIs u provided paint an entirely different pix. To even say GDP growth isn't important to investors is d greatest travesty I have ever read in an economic discussion except u don't no what GDP is. Maybe u can shed light on why and how GDP growth isn't important to investors.

What went into d overall ranking and how did Nigeria do in all d indices compared to d other countries? Apart from population & nominal GDP, what else did Nigeria top?

If u say "ease of doing business" is very important to investors, pls how did Nigeria rank compared to d other countries using d ease of doing business index?
[/s]

Trash
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Mastakija(m): 1:12pm On Jan 27, 2020
NigeriaIsDoomed:
Mynd44 please bring down the thread, it is a fake news.
i don't tink this idiot is from Nigeria. and if you are, You are a bastard. get out of here if you u don't have something sensible to say. You shut the fvck up.
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by lexy2014: 1:12pm On Jan 27, 2020
Blindersoff:
[s][/s]

Trash

Trash that u don't have d intellectual capacity to respond to. Are d points raised and questions asked too big for u to comprehend?

1 Like 1 Share

Re: Nigeria Ranked As The Number One Country To Do Business In Africa by onlyforchrist: 1:14pm On Jan 27, 2020
Blindersoff:


More for you

Try excuse your geeration from this stoopidT na. Even if you are been paid 30k to defend your Zombie, do it sensibly.

1 Like 1 Share

Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Blindersoff: 1:16pm On Jan 27, 2020
onlyforchrist:


Try excuse your geeration from this stoopidT na. Even if you are been paid 30k to defend your Zombie, do it sensibly.

English is obviously not something you are well versed in so I suggest you type in your local dialect next time so you would not appear stupid
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Mastakija(m): 1:16pm On Jan 27, 2020
Blindersoff:


You are free to look up the poorest countries in the world for 2020 here and see Nigerias position. Hint we are not even in the top 150 poorest countries and before you come to lie here are some screengrabs from the link so everyone can relate

http://worldpopulationreview.com/countries/poorest-countries-in-the-world/
dude are you even minding them. All they want is bad news about Nigeria.
Re: Nigeria Ranked As The Number One Country To Do Business In Africa by Mastakija(m): 1:21pm On Jan 27, 2020
KanwuliaExtra:


All these mean nothing without security and a healthy anti-crime environment.

What kind of business do you operate in a country that is in darkness when not powered by generators? undecided

As long as you have a corrupt executive, legislative and judicial government, Nigeria still remains THE BEST breeding ground for CRIMINALS.

No serious investor will smell Nigeria. Nigeria only remains the best ON PAPER only.

Who is fooling who? grin

SHOW US THE INVESTORS, then we will celebrate. Until then, you can only celebrate MEDIOCRITY! cheesy

As usual. . . . . SHYTE HOLE ECONOMICS.
the guy bastardised you with facts where is your own fact that the news is fake you don't have. But all u got is to be spitting rubbish here

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