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Nigeria Is A Very Poor Country - Politics - Nairaland

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Nigeria A Poor Country – Presidential Committee / Bayo Onanuga: Nigeria’s Wealth Overestimated, Country Very Poor / Prof Attahiru Jega: Governance Under Buhari Has Been Very Poor & Disappointing (2) (3) (4)

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Nigeria Is A Very Poor Country by oluwadabira222(m): 10:00pm On Nov 13, 2020
Yes you heard it right bad gorvenance is not only our problem, we need to diversify. oil should not be our main foreign exchange, look at new york budget and compare it to nigeria budget you will know how poor will are. mind you nigeria is having x5 of new york population. Nigeria is a very poor country.
Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:04pm On Nov 13, 2020
South African,Egypt and Tunisia Have more budget than nigeria with nigeria having x2 in term of population of those country mention.
Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:06pm On Nov 13, 2020
Overpopulation is affecting us negatively. overpopulation has alway being a blessing in disguise,but to us here it is a curse in disguise.

2 Likes

Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:09pm On Nov 13, 2020
The system need to be change.even if we remove buhari and appoint jesus with this system,we will still have the same result.
Re: Nigeria Is A Very Poor Country by Coneheadyutes(m): 10:10pm On Nov 13, 2020
Lol! very true! grin

New york land mass: 783.8 km²
Nigeria land mass: 923,768 km²

New york population: 8.399 million
Nigeria population: 195.9 million

New york gdp: $1.5 trillion
Nigeria gdp: $397.3 billion

New york gdp per capita: $73,463
Nigeria gdp per capita: $2,028

We still have a very long way to go.

11 Likes

Re: Nigeria Is A Very Poor Country by Nobody: 10:12pm On Nov 13, 2020
oluwadabira222:
Yes you heard it right bad gorvenance is not only our problem, we need to diversify. oil should not be our main foreign exchange, look at new york budget and compare it to nigeria budget you will know how poor will are. mind you nigeria is having x5 of new york population. Nigeria is a very poor country.
Poor country with the richest politicians and military generals in world .

4 Likes

Re: Nigeria Is A Very Poor Country by Rossnitti: 10:12pm On Nov 13, 2020
OP you are right.

Only ignorant Nigerians say stuff like ''America/UK/.Germany does this or that.... why can't Nigeria do the same?''

The US annual budget is 7.6 TRILLION dollars.

Uk, Germany, France etc each have annual budgets of between 2 and 3 trillion dollars.

South Africa with its population of 60 million has an annual budget of 125 billion dollars.

Nigeria with 200 million people has an annual budget of 35 billion dollars.

Nigeria is not a rich country, and even if there was zero corruption, we would still struggle to provide the basics to the population.

Our number 1 priority as a nation is economic diversification.

The oil and gas income won't cut it if we're looking to get to the next level.

14 Likes 2 Shares

Re: Nigeria Is A Very Poor Country by Nobody: 10:15pm On Nov 13, 2020
Coneheadyutes:
Lol! very true!

Give the Dutch,Namibians,Rwandans,Botswanans or British to manage the country at local,state and federal level and you won't recognize the country in ten years.

2 Likes

Re: Nigeria Is A Very Poor Country by Rossnitti: 10:16pm On Nov 13, 2020
RuudVanNisteroy:

Poor country with the richest politicians and military generals in world .

This boy USE YOUR BRAIN for once.

You have a one track mind like a robot.

That ''600 billion dollars'' dodgy figure you always quote seems like an awful lot of money to you. It is NOT.

That is less than 1/10th of the US annual budget.

Don't use your brain. Mr Fingerpointer. Everything is always somebody else's fault.

3 Likes 1 Share

Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:17pm On Nov 13, 2020
Rossnitti:
OP you are right.

Only ignorant Nigerians say stuff like ''America/UK/.Germany does this or that.... why can't Nigeria do the same?''

The US annual budget is 7.6 TRILLION dollars.

Uk, Germany, France etc each have annual budgets of between 2 and 3 trillion dollars.

South Africa with its population of 60 million has an annual budget of 125 billion dollars.

Nigeria with 200 million people has an annual budget of 35 billion dollars.

Nigeria is not a rich country, and even if there was zero corruption, we would still struggle to provide the basics to the population.

Our number 1 priority as a nation is economic diversification.

The oil and gas income won't cut it if we're looking to get to the next level.

Very right bro, nigeria is a very poor country and we all need to understand this. Even the 30 billion nair budget sef 40 to 50 percent we be borrow nigeria need to diversify ASAP to me oil discovery has been a curse to this nation.

1 Like

Re: Nigeria Is A Very Poor Country by Nobody: 10:18pm On Nov 13, 2020
Rossnitti:


This boy USE YOUR BRAIN for once.

You have a one track mind like a robot.

That ''600 billion dollars'' dodgy figure you always quote seems like an awful lot of money to you. It is NOT.

That is less than 1/10th of the US annual budget.

Don't use your brain. Mr Fingerpointer. Everything is always somebody else's fault.







Nigeria is poor because there is too much foreign exchange leaving the country:
1)The President runs to London,United Kingdom for medical treatment, while his wife runs to Dubai,United Arab Emirates to treat her neck pain.

2) A Nigerian leader will rather use the most expensive luxury cars manufactured in Germany,United Kingdom,Japan such as Mercedez-Benz,BMW,Range Rover,Lexus in his 8-20 car convoy than patronise Innosun.

3)Nigerian leaders will rather send their children to Harvard and Oxford instead of making University of Lagos or University of Ibadan the world class institution it used to be in the 70's when it was receiving funding from Ford Foundation and Rockerfeller, before the military chased them out.

4)When it is time for vacation our leaders go to Dubai,London,Los Angeles,Zurich,Miami,New York,Paris to go and spend their loot and launder their money. Instead of going to Obudu ranch.
5) When it comes to banking they store their loot in London,Zurich,Dubai,New York,Cayman Island,Panama,Singapore,Saudi Arabia.

9 Likes 1 Share

Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:19pm On Nov 13, 2020
RuudVanNisteroy:

Give the Dutch or British to manage the country at local,state and federal level and you won't recognize the country in ten years.
even if the country is manage by jesus with this same system will are still going to get the same result.
Re: Nigeria Is A Very Poor Country by Rossnitti: 10:20pm On Nov 13, 2020
RuudVanNisteroy:

Give the Dutch or British to manage the country at local,state and federal level and you won't recognize the country in ten years.

The British managed this country for 63 years and looted the nation, you colonised idio.t with no brain..

We had zero power stations at independence after 63 years of British rule.

We had ZERO universities after 63 years of British rule.

Kainji dam was our first power plant, commissioned in 1964 by the Tafawa Balewa administration.

At independence, 95% of Nigerians were stark village illiterates despite 63 years of British rule.

But somehow the British will transform Nigeria to heaven in 10 years in your dumb head!

Just take your rubbish slave mentality and get out of here.

10 Likes

Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:22pm On Nov 13, 2020
Coneheadyutes:
Lol! very true! grin
New york land mass: 783.8 km² Nigeria land mass: 923,768 km²
New york population: 8.399 million Nigeria population: 195.9 million
New york gdp: $1.5 trillion Nigeria gdp: $397.3 billion
New york gdp per capita: $73,463 Nigeria gdp per capita: $2,028
We still have a very long way to go.

Ruudvernisteroy read this!

1 Like

Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:23pm On Nov 13, 2020
Rossnitti:


The British managed the country for 63 years and looted the nation, you colonised idio.t with no brain..

We had zero power stations at independence after 63 years of British rule.

We had ZERO universities after 63 years of British rule.

Kainji dam was our first power plant, commissioned in 1964 by the Tafawa Balewa administration.

At independence, 95% of Nigerians were stark village illiterates despite 63 years of British rule.

But somehow the British will transform Nigeria to heaven in 10 years in your dumb head!

Just take your rubbish slave mentality and get out of here.

lol!
Re: Nigeria Is A Very Poor Country by Nobody: 10:24pm On Nov 13, 2020
Rossnitti:


The British managed the country for 63 years and looted the nation, you colonised idio.t with no brain..

We had zero power stations at independence after 63 years of British rule.

We had ZERO universities after 63 years of British rule.

Kainji dam was our first power plant, commissioned in 1964 by the Tafawa Balewa administration.

At independence, 95% of Nigerians were stark village illiterates despite 63 years of British rule.

But somehow the British will transform Nigeria to heaven in 10 years in your dumb head!

Just take your rubbish slave mentality and get out of here.

Look at how they transformed South Africa to look like Europe. No Nigerian city can rival any city in South Africa in terms of infrastructure.

They had no plans of developing Nigeria because they had to long-term plans to stay here.

1 Like

Re: Nigeria Is A Very Poor Country by Nobody: 10:24pm On Nov 13, 2020
Nigeria is poor because people dont trade, they also are not productive.

3 Likes

Re: Nigeria Is A Very Poor Country by Nobody: 10:27pm On Nov 13, 2020
Rossnitti:


The British managed this country for 63 years and looted the nation, you colonised idio.t with no brain..

We had zero power stations at independence after 63 years of British rule.

We had ZERO universities after 63 years of British rule.

Kainji dam was our first power plant, commissioned in 1964 by the Tafawa Balewa administration.

At independence, 95% of Nigerians were stark village illiterates despite 63 years of British rule.

But somehow the British will transform Nigeria to heaven in 10 years in your dumb head!

Just take your rubbish slave mentality and get out of here.


Stop your lies.

Who built kings college and the rest schools.

Who university of ibadan.

Who built the railway tracks?

Who built all the government infrastructures

They were all built by the British, the Nigerians mismanaged them.

3 Likes

Re: Nigeria Is A Very Poor Country by Nobody: 10:28pm On Nov 13, 2020
oluwadabira222:
Ruudvernisteroy read this!
Nigeria is poor because it has had the most corrupt leaders that have ever walked the planet- simple!

Look at what Thomas Sankara did in Burkina Faso, he recognized his country was poor and cut costs of governance drastically and that is why he was taken out early.

Thomas Sankara, upon seizing power, immediately sold off the government’s fleet of Mercedes cars, replaced them with the ordinary Renault 5, which was then the cheapest car in Burkina Faso. The Renault became the official service car for all government officers and ministers. Also, he reduced the salaries of all public servants, including his own, and forbade the use of government chauffeurs and 1st class airline tickets.

Worth noting, as President, he lowered his salary to $450 a month and limited his possessions to a car, four bikes, three guitars, a fridge and a broken freezer.

5 Likes 1 Share

Re: Nigeria Is A Very Poor Country by November1857(m): 10:29pm On Nov 13, 2020
oluwadabira222:
Yes you heard it right bad gorvenance is not only our problem, we need to diversify. oil should not be our main foreign exchange, look at new york budget and compare it to nigeria budget you will know how poor will are. mind you nigeria is having x5 of new york population. Nigeria is a very poor country.
Na Aboki want die on top oil ! Them no want use the thier brain to create alternative revenue...
They hate restructuring with passion.
To them Nigeria rather remain stagnant than to be restructure....

1 Like 1 Share

Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:29pm On Nov 13, 2020
That is why our number 1 priority should be how to diversify nigeria economy.
Re: Nigeria Is A Very Poor Country by Nobody: 10:29pm On Nov 13, 2020
RuudVanNisteroy:

Look at how they transformed South Africa to look like Europe. No Nigerian city can rival any city in South Africa in terms of infrastructure.

They had no plans of developing Nigeria because they had to long-term plans to live here.
Do u have 10% of the resources south africa has ?
Re: Nigeria Is A Very Poor Country by Nobody: 10:30pm On Nov 13, 2020
RuudVanNisteroy:

Nigeria is poor because it has had the most corrupt leaders that have ever walked the planet- simple!

Look at what Thomas Sankara did in Burkina Faso, he recognized his country was poor and cut costs of governance drastically and that is why he was taken out early.

Thomas Sankara, upon seizing power, immediately sold off the government’s fleet of Mercedes cars, replaced them with the ordinary Renault 5, which was then the cheapest car Burkina Faso. The Renault became the official service car for all government officers and ministers. Also, he reduced the salaries of all public servants, including his own, and forbade the use of government chauffeurs and 1st class airline tickets.

Worth noting, as President, he lowered his salary to $450 a month and limited his possessions to a car, four bikes, three guitars, a fridge and a broken freezer.

Stop praising marxists. How does all the stuff you mentioned about this marxist help in building a nation

He did nothing abeg.

Is burkina faso better than Nigeria

1 Like

Re: Nigeria Is A Very Poor Country by Nobody: 10:32pm On Nov 13, 2020
Igbochief001:

Do u have 10% of the resources south africa has ?
In 1960 we had enough resources to transform the country. Remember when Yakubu Gowon made this statement in the 70's when he was Military Head of State, "The problem is not money,but how to spend it", this was when Nigeria's population was still manageable.

Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:32pm On Nov 13, 2020
RuudVanNisteroy:

Nigeria is poor because it has had the most corrupt leaders that have ever walked the planet- simple!

Look at what Thomas Sankara did in Burkina Faso, he recognized his country was poor and cut costs of governance drastically and that is why he was taken out early.

Thomas Sankara, upon seizing power, immediately sold off the government’s fleet of Mercedes cars, replaced them with the ordinary Renault 5, which was then the cheapest car Burkina Faso. The Renault became the official service car for all government officers and ministers. Also, he reduced the salaries of all public servants, including his own, and forbade the use of government chauffeurs and 1st class airline tickets.

Worth noting, as President, he lowered his salary to $450 a month and limited his possessions to a car, four bikes, three guitars, a fridge and a broken freezer.
hmm......
Re: Nigeria Is A Very Poor Country by Nobody: 10:34pm On Nov 13, 2020
thebosstrevor1:


Stop praising marxists. How does all the stuff you mentioned about this marxist help in building a nation

He did nothing abeg.

Is burkina faso better than Nigeria
He was taken out because he was not a puppet and pan africanist.

1 Like

Re: Nigeria Is A Very Poor Country by Rossnitti: 10:35pm On Nov 13, 2020
oluwadabira222:
lol!

Honestly bro, I'm sick of all these idiots that come on here to say ''the white man will do this and that better than we can'', as if we did not give the white man the chance to do exactly that for nearly a century!!

Yet at the end of it the likes of Awo, Zik, Enahoro and co were fighting tooth and nail to get rid of them because all they did was export our resources and deposit 99% of the income in London, with Nigerians strarving and walking around nak.e.d.

Zero infrastructure, zero everything.

They didn't even bother building a national grid to distribute electricity. They simply imported large generators from England to power the GRAs were their white officials were staying.

All this despite exporting our palm oll, cocoa, timber, coal, groundnuts, rubber etc for a century, and making triliions!

These are the same white people that these fools are saying will transform Nigeria to heaven if we let them rule us again.

I mean, how can people be so stupid?

I've tried to drum it into that RuidVanNistlreoy kid's head time and again that the whites WILL NEVER help to develop Nigeria, but he keeps coming back with this same slave minded rubbish.

Maybe they are the ones sending him here to deceive us again.

3 Likes 1 Share

Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:36pm On Nov 13, 2020
Even if all gorvenment cost are reduce to the barest minimum. and nigeria is corruption free,the money will still not be enough to provide basic amenities to its teeming population.
Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:38pm On Nov 13, 2020
Lol as if it is not the white people that colonize the republic of Congo.
Re: Nigeria Is A Very Poor Country by Nobody: 10:40pm On Nov 13, 2020
RuudVanNisteroy:

He was taken out because he was not a puppet and pan africanist.

What has pan Africanism do, pan Africanism is just another word for african Marxism.

A marxist society will always be poor and always blame outsiders for internal problem.

If people dont produce, don't trade, how is their country going to improve.

The santara keep blaiming imperalism for corn and grains and others, why didnt he tell his people to start to grow all these, be competitive in trade.

So because he has 3 guitar, one car and earn 450 dollars a month, that means he is a good leader.

Do you know how much was 450 dollars in his time, it was worth alot.
Re: Nigeria Is A Very Poor Country by oluwadabira222(m): 10:40pm On Nov 13, 2020
dejol88:
This was actually my argument when I refused to believe in change sold by APC. I knew that stopping corruption was least of our problem but people will argue .

We are unproductive as a nation

We are actually a poor country

We need a government who can turnaround our fortunes

Obviously not this analogue politicians

But how do we achieve this

With high numbers of illiteracy

Does the populace even believe we are poor

2023, debate amongst aspirants should be,

How do you raise revenue profile of the country

That way we would know who have the best plans
God bless you for this!

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