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Nairaland Forum / Nairaland / General / Politics / Nigeria Now Tops South Africa As The Continent's Biggest Economy (41671 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)
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Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 9:08am On Mar 04, 2020 |
Officialgarri: Lol, biggest economy with the largest number of broke people, oh please..... |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 9:09am On Mar 04, 2020 |
Lol, biggest economy with the largest number of broke people, oh please..... |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Commentor: 9:09am On Mar 04, 2020 |
Enculer2: Say something that proves you are capable of critical thinking. 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 9:12am On Mar 04, 2020 |
Rossinnki: Nigeria may be the largest economy in Africa, but it means absolute ZERO to the majority of the people. The benefit is largely to western companies, corrupt elite and their cohorts, and a few areas of concentration in the country. The VAST majority of Nigerians are not enjoying whatever benefits your so called LARGE ECOMONY is producing. Please don’t make me laugh. 2 Likes |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Magicians: 9:13am On Mar 04, 2020 |
I don't know what your point is but every state in South Africa is beta developed in terms anything or everything development compare to Abuja or Lagos. It's ludicrous comparing any state in SA to our best be it Abuja or Lagos. Nonetheless this is a positive news not worthy of celebration but a good one. That aside SA beat Nigeria in every other indices of human existence. wordlord: 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Area4Area: 9:13am On Mar 04, 2020 |
Okoroawusa:I thought you should've known how not to entertain derailers and trolls, we are talking of Nigeria and South Africa and he's trying to bring in Biafra to derail |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 9:13am On Mar 04, 2020 |
chriskosherbal: Thanks so much, this is the main point. Large economy means nothing when 70% of people are struggling to make ends meet on a daily basis. 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by BadBradley: 9:15am On Mar 04, 2020 |
Commentor:nairaland is a dumb website. The moderators as well as seun are not well-rounded. That's why this bastard news from a bastard source is gracing their dumpyard site South Africa ceded the position of # 1 economy in Africa 6 years ago. Precisely 2014 April. 2 Likes |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by enemybulldozer(m): 9:15am On Mar 04, 2020 |
Magicians:OH yes, Biafra owns the oil that makes nigger-area what it is today. The days of divide and rule is over. As the days of Niger delta and SS is over just like the days of bendel is over. What we have now is Biafra forget about what those hungry abuja paid groups are saying ohaneze ndi Igbo included. If you are in doubt of what am saying, tell your Oga at the top to conduct a referendum let's see who wants to be a nigger-arean. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Area4Area: 9:16am On Mar 04, 2020 |
Magicians:He's trying to derail, pay him no attention next time |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 9:16am On Mar 04, 2020 |
MansoryMX: The guy needs a SL4P. We like bragging about how large our economy is but the reality is that majority of Nigerians are not enjoying the benefits of the so called LARGE ECOMONY bull shit. Only the simple minded can be deceived. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by enemybulldozer(m): 9:18am On Mar 04, 2020 |
Okoroawusa:Onye awusa mind your terrorists infested North and leave us alone. 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 9:20am On Mar 04, 2020 |
BadBradley: Actually, you are right but also wrong. Yes, Nigeria in 2018 was the largest economy before ceding to SA. SA has now fallen behind. The news article in link below is actually as recent as yesterday !! https://www.bloomberg.com/news/articles/2020-03-03/nigeria-now-tops-south-africa-as-the-continent-s-biggest-economy |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by maasoap(m): 9:20am On Mar 04, 2020 |
nameo: You are a very mischievous person. That was when crude oil price went out of the roof, selling above 100 dollars per barrel. What happened after that when the price of crude oil fell? Recession! This time around, it's completely different! Oil commands average price, we shut our borders to importation of many food items, improved tax system, TSA, IPPIS, improved IGR collection. These are the factors, not phantom and unreliable crude oil price 2 Likes 1 Share |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by wordlord: 9:21am On Mar 04, 2020 |
Magicians: That may be true for places like Cape town and Jo'borg but kindly mention other places. I have severally been to SA. What about the other point i raised. are they irrelevant also? |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Magicians: 9:21am On Mar 04, 2020 |
Is Kanu your foolish god not capable of conducting it own referendum ? Why should my oga who clearly is against anything referendum be the one to conduct what you or your oga wants ? Is your brain that damaged that you do not understand someone you insult n hate so much won't do your bidding ? Why have you chosen to be eternally foolish ? enemybulldozer: 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by AFONJACOW(m): 9:22am On Mar 04, 2020 |
Audio Ranking |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by nuele(m): 9:32am On Mar 04, 2020 |
Magicians: Unfortunately you the slowpoke being cajoled here |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Area4Area: 9:32am On Mar 04, 2020 |
Magicians:You'd only help him in derailing the thread |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by nuele(m): 9:37am On Mar 04, 2020 |
Area4Area: Am so happy you mentioned South Korea economy. I see them as a fine blueprint for us to follow diligently infact to read as a text. 1 dollar to 1187 Won. Poor currency ratio of course. However, the economy is export driven. Export driven economy is a great changer. More still, they are very technologically developed. In short they have factories. They can self produce machines. Family businesses and conglomerates such as Hyundai automobile, Samsung and LG, they export electronics, textiles, ships, steels etc Then most of it's problem is historical,North Korean trouble. Dollar against it has been high from time past. But their per capital income is high, highly technological society. For the high dollar, they try to buy from their fellow Asians and self production, their problem is mainly historical, compared to we that the problem shouldn't be at all |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by kingsvictor2: 9:38am On Mar 04, 2020 |
Rossinnki:Nigeria will be very great if actually we can look beyond ethnicity, religion and get rid of all these old cargoes taking Nigeria back to 16th century. But is dat possible? NO. therefore its better we split up, those dat wanna kill themselves should do so and those dat wanna develop theirs should do so 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Magicians: 9:39am On Mar 04, 2020 |
Durban Petroria Port Elizabeth Limpopo Polokwane Springbok East London Bloemfontein In fact the entirety of Northern Western n Eastern cape NW, Free state, KwaZulu-Natal. Just name it be it city or province is beta than both Abuja n Lagos. Do you even know dem no de pack shit for SA, there cities is well planned to that extent wordlord: |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by thatsleepboy1: 9:39am On Mar 04, 2020 |
saaron: |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Staro: 9:42am On Mar 04, 2020 |
Rossinnki: Oga, the article talked about Sub-Saharan Africa I don't think you know the meaning of Sub-Saharan Africa |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by enemybulldozer(m): 9:43am On Mar 04, 2020 |
Magicians:From what I observed, you need the services of a psychiatrist to examine what you have inside of your skull. Why should you expect kanu to conduct a referendum, is he the zoogerian president?? If your brain is not damaged you should know why your god buhari is being hated by the great Igbos. 1 Like |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by MansoryMX(m): 9:43am On Mar 04, 2020 |
frosbel2: Tell them bro. I use to wonder how the youths of this great and blessed nation are so gullible. Not anymore bro, not anymore. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by emmnprince(m): 9:45am On Mar 04, 2020 |
So long the cost of living is high and the masses are still finding it hard to put food on their tables and meet the daily necessities of life, this is meaningless. Mind you, we should have surpassed our current GDP and economy many years ago if past leaders had managed the economy and the resources well. I'm still not impressed until the impact is well felt by the majority/masses. |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by joepepsy(m): 9:47am On Mar 04, 2020 |
If aba is still like this biafra would've been worst than aba. saaron: |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Biafrarep(m): 9:49am On Mar 04, 2020 |
Look at ignorant fools hiding under this news to celebrate a terrorist government. For starters, what is there to celebrate in this news? Is this how low we have sunk as a godforsaken country? Now let's face facts: Nigeria is Africa's largest producer of oil and also by far, Africa's most populous country. We should rather be ashamed that S.A had to overtake Nigeria again after we became the largest economy years ago. To put it graphically, Japan used to be the biggest economy in Asia until China had to use its huge population as well as reforms to overtake Japan, now do you think that Japan would ever dream of overtaking China again in this life?? Oil alone contributes significantly to any country, now Nigeria happens to be the biggest producer in Africa and also by far the most populous, so are we not supposed to be by far the biggest economy in Africa?? Look at the security situation in the country, which is no better than war torn countries. One can't travel any of our highways again without being afraid of fulani herdsmen kidnapping or murdering them. Look at our roads, all in terrible conditions. Look at how we have become a net borrower when we are supposed to be a net lender. Look at how we have overtaken India with a population of 1.2 billion against ours at 200 million, as the country with the most destitute population. Even when India has 1billion more people than us!!! Look at how our farmers are dying daily in their farms at the hands of fulani herdsmen while the government does nothing. Is it Boko Haram that are killing scores on a daily only for them to be compensated and given VIP treatment when caught; flying them on military jets, organizing feasts for them, giving them grants as well as foriegn education scholarship while law abiding citizens are rotten away, totally neglected!! God will punish any fool that sings the praises of a terrorist government!!! 2 Likes 1 Share |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by RighteousI: 9:49am On Mar 04, 2020 |
. 2 Likes |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by jaxxy(m): 9:51am On Mar 04, 2020 |
Area4Area: We are greatly deceiving ourselves. U think it’s by making noise abi? What bloody biggest economy? Unless u mean biggest economy of rogues then i will believe u. Has figures ever added up in this country especially in this government |
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Amotekun777: 9:57am On Mar 04, 2020 |
Area4Area: Na the foolish, Idiotic IPOB be the major problem of this nation, I swear 1 Like |
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