Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,489 members, 7,954,890 topics. Date: Saturday, 21 September 2024 at 11:49 AM |
Nairaland Forum / Nairaland / General / Politics / Nigeria Now Tops South Africa As The Continent's Biggest Economy (41681 Views)
Africa Day 2020: President Buhari Preaches Peace Across The Continent / Nigeria Re-emergence As Africa’s Biggest Economy, An Economic Scorecard Of PMB / Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (13) (Reply) (Go Down)
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by myobjective: 8:21am On Mar 04, 2020 |
9jaRealist: You are right bro. Nigeria GDP figure including the informal sector in term of price parity will be around $1.8trillion. From most of research done, the informal sector is almost 50% of the formal economy. The biggest problem is planning and our over dependence in crude oil as a source of forex earning. 2 Likes |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Topmaike007(m): 8:23am On Mar 04, 2020 |
1 Like 1 Share |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Enculer2: 8:23am On Mar 04, 2020 |
Rossinnki: You are daft. Go and remain with your hausa fulani masters |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Dextre(m): 8:24am On Mar 04, 2020 |
Commentor: Nothing to show for it...just numbers and abject poverty everywhere |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by justtoodark: 8:26am On Mar 04, 2020 |
Chinex2215: if its not that,then una will find another reason.... nigerians are used to una wailings.... immediatly this news came out,another thread appeared talkin it down.... soo.... we dont even bother arguein with people like you no more.... 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by awa(m): 8:27am On Mar 04, 2020 |
Rossinnki:Why not allow those idiots to split the country since they are inconsequential |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by justtoodark: 8:29am On Mar 04, 2020 |
awa: go and split it,na....who dey stop you....?? or want us to help you split it....?? go ahead....we are not bothered.... 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by danot1030: 8:31am On Mar 04, 2020 |
And some people said Buhari government is clueless about the economy. 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 8:32am On Mar 04, 2020 |
chriskosherbal:help me ask them of it has reduced price of garri. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by dhoktorlegend(m): 8:33am On Mar 04, 2020 |
nameo:tnk u sir....pls let dem knw biko |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Commentor: 8:33am On Mar 04, 2020 |
Dextre: How much do you generate for the economy? |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by enemybulldozer(m): 8:35am On Mar 04, 2020 |
Area4Area:So you know that the zoo is heavily dependent on biafran oil and that is the reason for the zoo attaché by force. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by BreconHills(m): 8:37am On Mar 04, 2020 |
nameo: You are fixated on a single point in time. The key takeaway is the over performance on growth estimates and the statement that forward growth is expected. You are nitpicking. The 2014 figures you are trumpeting were widely derided because they came about through rebasing. There are so many things wrong in this economy but clearly the ingenuity of the Nigerian people has led them away from paper growth fueled by illicit cash. The system is correcting itself albeit slowly. Case: ikoyi and banana island yields are down to 2-3% and vacancy rates in ikoyi are up to 22%. Yields in university housing are 13% and agricultural related investment are averaging 10-25%. What you can see is that the economy is restructuring away from luxury white elephant investments that only mirror the illicit corruption fueled economy and are slowly reaching reality points that reward work. It's a work in progress, there are huge loop holes and not a little incompetence here and there. Still it is is progress. For the university students who will point to the number of years they have remained unemployed - you have two choices, be patient or rework your skills and focus to economic realities. May the days of flush money never come again. 2 Likes |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by justtoodark: 8:38am On Mar 04, 2020 |
nuele: not true.... nigeria is still a low income nation....producin stuffs here is cheap.... and let me tell you something else.... back then shortly after independence,their were no electric plants.... electric was generated by generators.... electric plants are just bigger generators....nothing special.... 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by danot1030: 8:39am On Mar 04, 2020 |
chriskosherbal: If you are not experiencing economic progress no one is responsible for your predicament, it is probably you have been too engrossed hating, castigating Buhari government and wishing bad things happened to rightly position yourself. This government has done and is still doing a lot to affect the citizens both directly and indirectly with the effect of the economy growth. 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by sims001(m): 8:40am On Mar 04, 2020 |
Effects of xenophobia. Most investors have been chased out but it's an irony that an average South African is lazy with little or no idea. This is just the beginning of their Waterloo. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by enemybulldozer(m): 8:41am On Mar 04, 2020 |
Area4Area:The same way you love bad news about IPOB/Igbo. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Magicians: 8:41am On Mar 04, 2020 |
Was that what Ebele did when Nigeria became the largest economy in Africa or it is only Buhari that did that according to your shamelessly flawed reasoning ?! nuele: 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Okoroawusa: 8:44am On Mar 04, 2020 |
enemybulldozer:Biafran oil? Dude it's still too early for jokes |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Anyunyu: 8:44am On Mar 04, 2020 |
[s] Commentor:[/s] |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Magicians: 8:44am On Mar 04, 2020 |
With this flawed reasoning of yours Africa shouldn't even exists on the world map cos you constitute over 99% of those characters you listed in world data. fx45: |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Kingpele(m): 8:44am On Mar 04, 2020 |
chriskosherbal:your wailing has just begun |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Okoroawusa: 8:46am On Mar 04, 2020 |
BreconHills:Amen o! |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by President2031: 8:47am On Mar 04, 2020 |
Rossinnki: You be mumu, hungry man like you with very poor reasoning. Abi this news brought some cash into your account? Common sense is not common. How can you prepare to remain in Onitsha market with its poor state than Cape Town market with a better condition because you want to form giant of Africa with population?? Onitsha market with criminals, no electricity and good roads you’re proud of it attacking those who want to split this country for development to come? who population help? Don’t even bother quoting me your mentality is too poor. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by almayda: 8:51am On Mar 04, 2020 |
This is bad news to rebels...if this news saddens you,then you are one. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by wordlord: 8:52am On Mar 04, 2020 |
nuele: South Korea won is worth 0.35 Naira. Does that mean our economic is better than South Korea? Can you mention five cities in South Africa that can be compared to Lagos, Kano, Port Harcourt, Ibadan, Abuja just to mention a few? What is the South Africa economy dependent on? Do remember that some of the south Africa Companies are heavily stress, Mining, ESKOM, South Africa Airline etc. We do have our problem and indices. (let start with corruption and heavy disdain for the country achievement) but Nigeria is way ahead of the countries. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Magicians: 8:55am On Mar 04, 2020 |
enemybulldozer: Biafra do not owe any oil. NigerDelta with over 70% of Nigeria's crude already indicated they will not be part of Igbo Biafra so whether Nigeria is divided or not your father will not be touching one kobo of that oil. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by MansoryMX(m): 8:55am On Mar 04, 2020 |
SenorFax: I tire o. So many f001ish people on Nairaland tells the state of mindset of an average Nigerian youth. I dey shame for them. Even South Africa as a country in recession is better than Nigeria. Bitter truth. Them dey celebrate stone rice as if na achievement. We keep deceiving ourselves in this country that’s why all these leaders keeps on fooling us
|
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by enemybulldozer(m): 8:56am On Mar 04, 2020 |
Area4Area:The same way we don't see you on fulani terrorism related threads. Meaning you like and support what they are doing the way buhari and his cabal do. Nigeria is not our country, how can a British experiment be a country to a great tribe like Igbos?? You and your likes are free to love and hold on to the zoo but don't force us to do the same with you. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Magicians: 9:02am On Mar 04, 2020 |
I sure hope you are not wasting your time explaining all of this to bigoted Igbos ? I am particulare about that tribe for a reason cos self inflicted delusion is what most are suffering from. I have no time to waste explaining that but safe yourself the hussle of making them see 2% growth in Nigeria economy is a good thing n it matters little if SA's economy contracted or not. BreconHills: |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 9:07am On Mar 04, 2020 |
Even if our economy remains the best the living standards of most Nigerians are below standard, the looters will still loot what is meant for the people na today we dey hear this news? We are still owing debts goddammit and Human Rights are still being violated sorry to sound pessimistic this isn't good news or bad news it is just news. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Sunnyjoseph44: 9:07am On Mar 04, 2020 |
Commentor:God bless Nigeria... mumu SA think killing Nigeria will solve their problem 1 Like |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (13) (Reply)
Jonathan, Northern Governors In Closed-door Meeting At Obasanjo’s Residence / Uche Mefor Places Curse On IPOB, Withdraws His Blessings / 16 Years PDP Misrule? See 30 Top Ex-pdp Members Who Are Now Key Members Of APC
(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 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 70 |