Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,153,511 members, 7,819,847 topics. Date: Tuesday, 07 May 2024 at 03:08 AM |
Nairaland Forum / Nairaland / General / Politics / IMF: Nigeria Remains Largest Economy In Africa, 26th In The World (24617 Views)
Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF / GDP: IMF Ranks Nigeria 1st In Africa, 26th In The World / IMF: Nigeria To Lose Over $26 Billion From Oil Exports (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by nelsonebby(m): 8:25pm On Dec 29, 2020 |
uptimumOne23:ah 1 Like |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by kraftysprouts: 8:26pm On Dec 29, 2020 |
favor914: And you think states in Nigeria are like states in America? |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by Etinosa1234: 8:26pm On Dec 29, 2020 |
authority2006: To me, I don't care whatever Buhari does... I just want him to improve security in Nigeria.. The average Nigerian is heartless and looking to take advantage of someone.. What made me notice was when the border was locked and price of rice skyrocketed so high... Another one was the kankara abduction, when it happened, a lot of them criticised the govt... When they were rescued, they started calling it fake... Omo...I just want Buhari to improve security.. dats all |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by nextstep(m): 8:26pm On Dec 29, 2020 |
Nigeria's economy was #20 in 2015 before PMB took the reins... just saying... GDP is not oil sales alone... it's gross domestic product... as in Nigerians were producing more things then. 2 Likes |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by mayo47(m): 8:27pm On Dec 29, 2020 |
greatsly: There's no country in the world that is so richly bless with infinite opportunities like Nigeria.......Please do your research because that's not true 1 Like |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by Nobody: 8:30pm On Dec 29, 2020 |
uptimumOne23: |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by Nobody: 8:30pm On Dec 29, 2020 |
ijustdey:Whenever you hear this tune, know yea that another borrowing is loading! Time to get Loan from IMF... |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by Banmeallday: 8:31pm On Dec 29, 2020 |
These foreign entities want una to continue to believe in the hype called Nigeria so they can continue to steal billions from the nations enslaved within their creation. Biggest African economy my foot. Lawless hateful place where money is the God Shame for black race! 1 Like |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by sureinfo: 8:33pm On Dec 29, 2020 |
Hmmm after all these up and downs, Africans need to wake up |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by UncommonLogic: 8:35pm On Dec 29, 2020 |
Simplyleo: You sabi the IPIGS well well. 1 Like 2 Shares |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by CocoaOla: 8:35pm On Dec 29, 2020 |
:P30k geng sponsor news zombies food Nigeria has the largest economy in Africa with a GDP of $398 billion compared to its closest competitor; SA, which has a GDP of $368 billion. However, the real wealth of a nation is calculated by its GDP per capita & Nigeria ranked 140 out of 186 in GDP per capita global ranking. Our population is 200millions we need GDP of 1.8trillion dollars to celebrate gdp per capital of $10,000 dollars per household Populations matters a lot in gdp Ghana with gdp of 70billion dollar their gdp per capital is better than our because of their small population's 3 Likes |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by nameo: 8:38pm On Dec 29, 2020 |
authority2006: It is you who is the Ignoramus here. Not the chao you were quoting. The share of oil and gas in 2014 rebasing was about 9%. It should even be lower than that by now. The rebasing decreased the share of oil in the GDP of the country, so the high GDP after the rebasing could not have been due to "oil boom": it was due to bringing newer sectors like telecommunications to the calculations and also including income ans expenditure in the computations instead of just production You guys should stop talking about oil prices. It is silly. This Govt has retrogressed on every economic index. If it is a lie, i dare you to name just one in which there has been an increase. And that sort of performance isnt due to falling oil prices. Absolutely not 2 Likes |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by nameo: 8:40pm On Dec 29, 2020 |
authority2006: Lolz...you have even quoted me with your copied nonsense!!! No no dey fear?? |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by shadyLP(m): 8:43pm On Dec 29, 2020 |
[quote author=Okoroawusa post=97531914]I This is how your mouth was when such senseless statement came out out from your sticky hickey smelly big mouth
|
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by ceaser: 8:45pm On Dec 29, 2020 |
Where is South Africa nau? |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by samdunzo: 8:46pm On Dec 29, 2020 |
we should be a trillion dollar economy with our population.... |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by CSTRR: 8:49pm On Dec 29, 2020 |
authority2006:Clown. The oil sector does not account for the bulk of our GDP. Crude oil, crude oil crude oil. See your mouth like crude oil. It was crude oil that asked Buhari to close border fie a year degrading our supply chains and creating unprecedented inflation since 1999? It was crude oil that caused Emefiele to misfire with so many back and forth policies that were inimical to our economy? You are not serious. Keep blaming crude oil. 1 Like |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by CSTRR: 8:52pm On Dec 29, 2020 |
Buhari closed our border and now opened it now at a whim. If our national assembly was truly independent, they should have invited Buhari to come and tell the country the policy objectives he has accomplished with the closure. 1 Like |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by haffaze777(m): 8:53pm On Dec 29, 2020 |
I won't believe this until kola ologbodiyan confirm it 1 Like |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by authority2006(m): 8:53pm On Dec 29, 2020 |
nameo: Just subtract 40 dollars from 96 dollars, that gives you 56 dollars on each barrel of crude oil. Multiply that by 2 million barrel being produced per day. Then multiply it by minimum of 340 days. That gives you the difference between what Jonathan and Buhari made from the crude oil in 2014 and 2020. Yet, we're still on top concerning GDP
|
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by nameo: 8:53pm On Dec 29, 2020 |
CSTRR: You dey mind dem. Crude oil price kee dem there. I get small time today. I ready for their nonsense today 2 Likes |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by BobbyZrealist(m): 8:54pm On Dec 29, 2020 |
Highest GDP In Africa. GDP equal to Consumption + Investment + Govt.Expenditure (Export - Import). That is it,but One of the Lowest in HDI(Human development Index) I.e High infant mortality High maternal mortality High infant malnutrition Low Life expectancy High illiteracy High inflation Insecurity Political instability Poor infrastructure. Etc It is a perfect example of making more money and becoming poorer. Countries who are far less richer are more developed than Nigeria. Nigeria has been the biggest economy in Africa for the past 10 Years,but with the highest population of poor. So of what use is the GDP? 4 Likes |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by authority2006(m): 8:54pm On Dec 29, 2020 |
[s] CSTRR:[/s] Go and sleep, you have lost it. Don't you see it even from your response? You dig up 2014 GDP but we told you 2014 GDP was as a result of Oil price boom, not that something spectacular happened in manufacturing sector |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by nameo: 8:57pm On Dec 29, 2020 |
authority2006: What is your point, Mr man? Plzz tell me your point so i can respond to it? I only hope you umderstand what GDP means before that I asked you to provide me a single economic index where there has an inprovemet since Buhari became President. Abi isnt "crude oil" that also caused that too 1 Like |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by authority2006(m): 8:59pm On Dec 29, 2020 |
nameo: You should have asked IMF why we're still on top despite oil glut |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by nameo: 9:01pm On Dec 29, 2020 |
authority2006: By tbe way, the crude oil prices between 2009 ans 2010 are closee to those in 2018 ans 2019. Should we conpare the economic index between those 2 periods(Lets call it before and during Buhari). Like i said, i am ready for you guys today. I cant for the love of me understand how a normal human being can be ok with the nonsense happening in Nigeria in virtually all areas, talkless of the economy, today!!! 1 Like |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by Franking: 9:01pm On Dec 29, 2020 |
uptimumOne23: Chop largest economy na. As if we don't know better. |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by CSTRR: 9:03pm On Dec 29, 2020 |
authority2006:Nigeria's manufacturing sector performed much better in 2014 than now. By a long mile. You don't know what you are saying. 1 Like |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by Franking: 9:04pm On Dec 29, 2020 |
SmartPolician: Those Nigerians sending money back home are mostly from.......! Definitely not the north. They are parasites on every level. |
Re: IMF: Nigeria Remains Largest Economy In Africa, 26th In The World by nameo: 9:04pm On Dec 29, 2020 |
authority2006: Oil grut?? Do you know what an oil grut is?? |
(1) (2) (3) (4) (5) (6) (7) (Reply)
$430 Million Enugu-Cameroon Highway To Be Ready Before End Of 2021- AfDB / Governor Abiodun Inspects The Ongoing Reconstruction Of Mowe-Ofada Road / BREAKING: DSS Withdraws From Dasuki’s House
(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. 53 |