Officialgarri:
I thought they said Buhari is a disaster, so where's all these good news coming from. ?


We wailers can't stop crying after hearing good news.

Another will still join you with "audio economy" even if the source is Bloomberg.

Enculer2:


You are daft.

Go and remain with your hausa fulani masters

Rossinnki:


Mehn, but we carry weight for this continent sha..

Dammit.

In fact, looking at the above statement, one might as well say that without Nigeria, there is nothing like Africa.

Yet some idiots want to split up this country into little, inconsequential Liberias. When you sneeze nobody will notice.

Rubbish.

wordlord:

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.

Okoroawusa:

Biafran oil?

Dude it's still too early for jokes

chriskosherbal:
Not just big theoretically it should reflect in the day to day lives of the ordinary Nigerians, bringing about the desired positive they crave for otherwise it's equal zero.

Commentor:
By Prinesha Naidoo


https://www.bloomberg.com/news/articles/2020-03-03/nigeria-now-tops-south-africa-as-the-continent-s-biggest-economy

Magicians:


Biafra do not owe any oil.
NiherDelta 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.

Magicians:


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.

MansoryMX:


You call stone rice giving people kidney stone lucrative? How is this an achievement. Nigeria is still in recession and govt dey brainwash as usual. Floating the economy to make it look good in the eyes of the media. Guy! Nor make me talk this nite. Quietly go to bed abeg.

Okoroawusa:

Biafran oil?

Dude it's still too early for jokes

BadBradley:
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.

nameo:


Do you know that this is nothing to celebrate here, and infact that this indicts this Govt??

Clue: In 2014, Nigeria became the largest economy in Africa and valued at $509.9bn whilst South Africa was $370.3bn.

Today, Nigerian economy has according to your report in the OP declined to $472/402bn i.e a decline of about $38bn( it would even be more if you take into account inflation rate between then and now).

The only reason SA overtook us was that our growth since then has been very sluggish with us entering into a recession(successive "negative" growth). The reason why you just overtook SA again is that they just entered their 2nd recession within the period.

In real terms, none of the countries grew.

So quit that Buhari worship. On the economy, as with almost everything else, he has failed.

Magicians:
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.

enemybulldozer:
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.

Magicians:
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 ?!

Magicians:
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 ?

Area4Area:
Tell us how much a South Korean would be buying same machine in the his local currency

Rossinnki:


Mehn, but we carry weight for this continent sha..

Dammit.

In fact, looking at the above statement, one might as well say that without Nigeria, there is nothing like Africa.

Yet some idiots want to split up this country into little, inconsequential Liberias. When you sneeze nobody will notice.

Rubbish.

wordlord:



That may be true for places like Cape town and Jo'borg but kindly mention other places.

I have been to SA.

saaron:
If Biafra were independent nation from 1966 to date, the country will be dragging economic might with Asian tigers like China, South Korea, Singapore, Malaysia etc, not South Africa. Biafra would have launch Africa positively on the world map as a black economy powerhouse. A people that could organized themselves to manufacture Amoured tanks and spectacular weapons from scratch to hold Nigeria for 3 good years to the amazement of America and Europe shows the ability and ingenuity of Biafrans. Biafra would have join the like of America and Russia as major arms suppliers in the world!
Now imagine them channeling that same energy and spirit to develop their country economically? The black race would have gain more respect today. But because of the virus of One Nigeria, that reality was dashed - (but not forever, Biafra will raise again).
Nigeria is nothing but a glorified village. A country cursed with mediocrity, terrorism, quota system, and the ''Put them down Syndrome.''
Nigeria can't even boast of a world class city. Countries like Ivory Coast have better and well developed cities than Nigeria.
The fact that the God forsaken country is even struggling economically with South Africa is a big shame because Nigeria's economy was on the same level with South Korea in 1960. Today South Korea is not only competing with China, the country has world class companies competing with the likes of Apple and General Mottors of America! And we here celebrating mediocrity. What's the benefit of being Africa's largest economy when we can't even manufacture pencils? Does Nigeria have a functional steel company? How can Nigeria become an industrial manufacturing hub when common Abeokuta steel complex is in shambles? Nigeria is nothing but a failed state!
South Africa's economy, as it is even in recession is still by far more robust and developed in manufacturing, service industry, commerce, power, infrastructure than Nigeria. Remove crude oil from the country's economy and Nigeria will disappear from the world map!
Total division of Nigeria is the only way out of this perennial economic calamity that is Nigeria.
ONE NIGERIA IS DEAD!

Rossinnki:


Mehn, but we carry weight for this continent sha..

Dammit.

In fact, looking at the above statement, one might as well say that without Nigeria, there is nothing like Africa.

Yet some idiots want to split up this country into little, inconsequential Liberias. When you sneeze nobody will notice.

Rubbish.

Magicians:
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 ?

frosbel2:


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.

saaron:
If Biafra were independent nation from 1966 to date, the country will be dragging economic might with Asian tigers like China, South Korea, Singapore, Malaysia etc, not South Africa. Biafra would have launch Africa positively on the world map as a black economy powerhouse. A people that could organized themselves to manufacture Amoured tanks and spectacular weapons from scratch to hold Nigeria for 3 good years to the amazement of America and Europe shows the ability and ingenuity of Biafrans. Biafra would have join the like of America and Russia as major arms suppliers in the world!
Now imagine them channeling that same energy and spirit to develop their country economically? The black race would have gain more respect today. But because of the virus of One Nigeria, that reality was dashed - (but not forever, Biafra will raise again).
Nigeria is nothing but a glorified village. A country cursed with mediocrity, terrorism, quota system, and the ''Put them down Syndrome.''
Nigeria can't even boast of a world class city. Countries like Ivory Coast have better and well developed cities than Nigeria.
The fact that the God forsaken country is even struggling economically with South Africa is a big shame because Nigeria's economy was on the same level with South Korea in 1960. Today South Korea is not only competing with China, the country has world class companies competing with the likes of Apple and General Mottors of America! And we here celebrating mediocrity. What's the benefit of being Africa's largest economy when we can't even manufacture pencils? Does Nigeria have a functional steel company? How can Nigeria become an industrial manufacturing hub when common Abeokuta steel complex is in shambles? Nigeria is nothing but a failed state!
South Africa's economy, as it is even in recession is still by far more robust and developed in manufacturing, service industry, commerce, power, infrastructure than Nigeria. Remove crude oil from the country's economy and Nigeria will disappear from the world map!
Total division of Nigeria is the only way out of this perennial economic calamity that is Nigeria.
ONE NIGERIA IS DEAD!

Area4Area:
Your figures and by what percentage and for how long now

Area4Area:
You won't see wailers in threads like this, people who wake up and wishing evil on their country as if if anything bad happens, they won't be affected.

Nigeria went into a recession years back,
Naira was on a free fall etc and they were all happy

Fast forward and the reverse became the case and they became angry.

South Africa entered another recession and they were wishing it was Nigeria that was mentioned.