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Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles (16688 Views)

Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe / PRESS RELEASE: Ekiti Has Not Received Any Money From FG / Ekiti Has Been Liberated From Pdp’s Bondage – Aregbesola (2) (3) (4)

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Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by TheRareGem1(f): 6:46pm On Oct 14, 2021
Maxymilliano:
Ekiti still remain a backwater State compared to the mentioned countries.

That's how you will no that leadership is the problem.

1 Like 1 Share

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by tsdarkside(m): 6:49pm On Oct 14, 2021
TheRareGem1:


That's how you will no that leadership is the problem.

nigeria bureuacracy is too hugh....you have people still using pen and paper today....imagine....
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by computer0810(m): 6:50pm On Oct 14, 2021
chatinent:
This slowmo should just shut up!
U should rather stop being foolish

1 Like 1 Share

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by SUFFERInSMILIIN(m): 6:52pm On Oct 14, 2021
Sheriman:
Yeah!! Including monthly allocation gotten from FG all Nigerian states are internally generating much money more than some countries in Africa but does those money reflect on the state? Capital NO!!! Those states still look so poor especially those oil producing state. Imagine Delta Bayelsa Akwa Ibom Rivers Ondo Cross-River and Anambra despite all the billions of money generating from these states through water and oil they still look tattered and very poor in terms of infrastructural projects and modern urbanization. The reason behind all the underdevelopment and deteriorating social economy situation of those oil producing states despite all the billions is bad governance that is riddled with corruption starting from the state Governors.
E no go better for all corrupt Nigerian politicians. God has so much bless this country but unfortunately we are govern by wicked people in government. Nigeria has money but they are the one ones enjoying the money.

I disagree with you it is not corruption it's more about illiteracy you can give a illiterate 10 trillion US dollar they will do nothing money with it. Go to a cow or goat and give it money and see what he will do with the money it will just eat the money

1 Like

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by Asour: 6:52pm On Oct 14, 2021
Bacteriologist:
Vice President isonu.

Selectively picking stats as usual to paint a false picture and please this failure of a government.

India also has a mammoth GDP (almost equal with that of Japan and Germany) but that's just because it's a highly populated country. We all agree that the quality of life in India is nowhere near that of the Japan or Germany.

Ekiti has a GDP of $2.8 billion and a population of about 2 million people. That's a GDP per capita of $1,000.

Seychelles has a GDP of $1.1 billion but a population of over 100,000. That's a GDP per capita of $11,000.

Clearly, the seycheless economy is almost 11x more efficient than Ekiti State. Ekiti state has no viable means of generating income, except for its schools. EKSU students pay as high as 100k for acceptance fee in the state university.

Seychelles is a tourist and agro-based economy, it is one of the most (if not the most) attractive places to visit and live in Africa. Nothing of that sort can be said for Ekiti. No production. Just spending and vibes.

A more effective measure of any economy is GDP per capita (per person). But as usual these dark souls cherry pick stats to paint a false image. I spit on this government based purely on lies.

You are perfectly right.

I too felt he'll be silent about the Population.

However, you shouldn't insult your Vice president.
It's not right.

4 Likes 1 Share

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by Skyehigher1: 6:53pm On Oct 14, 2021
Ekiti GDP is high and also poverty is high due to the federal system of government we are using, give every states is own belongs such as VAT, decentralization of power, state policing, etc note

1 Like 1 Share

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by tiger28: 6:53pm On Oct 14, 2021
Afriqan:


You call him a slowmo, but can you disprove what he just said? Is he wrong in his analysis and recommendation to Ekiti state?

It's because some of you speak without adequate knowledge that these old men are still occupying powerful positions.
BEST response ever!!! Most of these nl kids didnt even read this news entirely. if countries with less are doing better WHY cant the state run like countries and govern their resources and allocations well?

1 Like 1 Share

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by drlaykay(m): 6:58pm On Oct 14, 2021
Bacteriologist:
Vice President isonu.

Selectively picking stats as usual to paint a false picture and please this failure of a government.

India also has a mammoth GDP (almost equal with that of Japan and Germany) but that's just because it's a highly populated country. We all agree that the quality of life in India is nowhere near that of the Japan or Germany.

Ekiti has a GDP of $2.8 billion and a population of about 2 million people. That's a GDP per capita of $1,000.

Seychelles has a GDP of $1.1 billion but a population of over 100,000. That's a GDP per capita of $11,000.

Clearly, the seycheless economy is almost 11x more efficient than Ekiti State. Ekiti state has no viable means of generating income, except for its schools. EKSU students pay as high as 100k for acceptance fee in the state university.

Seychelles is a tourist and agro-based economy, it is one of the most (if not the most) attractive places to visit and live in Africa. Nothing of that sort can be said for Ekiti. No production. Just spending and vibes.

A more effective measure of any economy is GDP per capita (per person). But as usual these dark souls cherry pick stats to paint a false image. I spit on this government based purely on lies.
If you read closely, you will discover he wasn't giving the stats to make us believe Ekiti is working. He only said that to sensitize the government to work.
If they earn much, they should be able to fix infrastructures and the rest. You got the message wrong.

5 Likes 1 Share

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by CaptainFM1: 6:58pm On Oct 14, 2021
chatinent:
This slowmo should just shut up!

Na the Slowmo dey confuse Atiku & his PDP oooo. Anyway, both parties dey watch each other bumper to bumper.

Both parties know that only Tinubu/Osibanjo vs Atiku can give a squarely fight. So they are very careful to authenticate anyone right now unless sure who the other party would bring forward.

If PDP picks Atiku, the best choice APC has is Tinubu or Osibanjo.

If both goes SE as I would love to see the next president to be an Igbo....both parties wouldn't be fielding their strongest candidates. This is the dilemma SE is facing. Only baby politicians can be seen in SE.

I can't think of any politician in SE that any of the 3 will not defeat.
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by jagorinho: 6:58pm On Oct 14, 2021
chatinent:
This slowmo should just shut up!
This comment coming from you is somehow strange based on your antecedents on this platform but sometimes sentiments/ tribal affiliation do make people loose their cool and make terrible assertions that is unusual of their personality.......and this your comment is a prime example.

2 Likes 1 Share

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by SUFFERInSMILIIN(m): 6:59pm On Oct 14, 2021
basty:


Because you are a stark illiterate. No person, I repeat, no person in your village has ever attain Osinbajo level in every area of life.

Bloody son of a drunk.


A bloody labourer in Brazil is even talking. What is in Brazil to be proud of?
See what an illiterate is calling an achievement?

Illiterate in my village there is 24-hour electricity there is 24-hour gas supply we have fibre optic cable in my house now tell me that shit nation of yours what do you have yes he might have reached the highest education in illiteracy that's why he is a educated illiterate. If you were so educated why is Lagos last in everything in the world

2 Likes 1 Share

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by SUFFERInSMILIIN(m): 7:00pm On Oct 14, 2021
basty:


Because you are a stark illiterate. No person, I repeat, no person in your village has ever attain Osinbajo level in every area of life.

Bloody son of a drunk.


A bloody labourer in Brazil is even talking. What is in Brazil to be proud of?
See what an illiterate is calling an achievement?

In your seat or ask anybody which country do you want to stay Nigeria or Brazil in fact 95% of the Nigerians we say Brazil come and see how we Nigerians run to Brazil to clean toilets. What is a country poverty hunger illiteracy stupidity with women with heavy menstruation cycle

2 Likes 1 Share

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by Bacteriologist(m): 7:00pm On Oct 14, 2021
Asour:

However, you shouldn't insult your Vice president.
It's not right.


The only person who doesn't deserve to be insulted is someone who proves they don't.

The failed campaign promises are an insult to the judgement and the intelligence of millions of Nigerians. The constant impoverishment of the common Nigerian man is an insult on his right to have a normal life.

Don't tell me to not insult for these misfits in government.

4 Likes 1 Share

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by Safemoon: 7:04pm On Oct 14, 2021
All the politicians are one and same.be it pastor or imam.i use to like osibanjo thinking we was just a victim of cercumstance.

Comparing ekiti to country like seychelles a country with 24 hours power, good road network all basic infrastructure in place is madness.
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by chatinent: 7:05pm On Oct 14, 2021
jagorinho:

This comment coming from you is somehow strange based on your antecedents on this platform but sometimes sentiments/ tribal affiliation do make people loose their cool and make terrible assertions that is unusual of their personality.......and this your comment is a prime example.

E just pain me jare
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by immortalityk: 7:05pm On Oct 14, 2021
TheRareGem1:
The assertion is absolutely very correct!

However, the government should improve on human capital development and welfarism of the state workers especially the teachers.
please can you give me the link to the site you used to check that ekiti gdp
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by Realhommie(m): 7:10pm On Oct 14, 2021
chatinent:
This slowmo should just shut up!
Why Should he keep shut? Did he speak fact or not?

1 Like

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by TheGoodJoe(m): 7:14pm On Oct 14, 2021
Oga, I am tired of talking. Our political elites just swallow money like it is running out of fashion.

The reason for hardship in Nigeria is simple. Political elites don't invest in the people. The people are the key to economic growth. If the people are poor, no matter how many bentley's a politician buys, the State remains poor.

The only mindset to change is the mindset of investing in the people.

HE THAT BUILDS THE CITY WITHOUT FIRST BUILDING THE PEOPLE BUILDS THE CITY IN VAIN.

1 Like

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by KazikageSama: 7:19pm On Oct 14, 2021
This is an abuse of GDP. I'd paint a simple scenario.

A family of 10 earns 100,000.00 and they are boasting of earning more than a family of 2 earning 40,000.00


The population of Ekiti is 497,000 while the entire population of Seychelles is less than 100k.

So sometimes you need to ignore GDP and focus on GDP per capita.

#EndOfPreaching

#OfferingTime

3 Likes

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by Richandsimple: 7:21pm On Oct 14, 2021
chatinent:
This slowmo should just shut up!

See this one!
D probability of anyone in ur lineage,past or present achieving what this brilliant man has achieved is quite negligible.
Hate only makes you bitter,less focused & unproductive.
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by sulaak(m): 7:21pm On Oct 14, 2021
TheRareGem1:
The assertion is absolutely very correct!

However, the government should improve on human capital development and welfarism of the state workers especially the teachers.

The assertion is absolutely crap, if the GDP per capita is $840 then Ekiti State is extremely poor, with limited bandwidth to improve human capital development and industrial development without loans and FDI.

The GDP per capita of

Gambia: 787.01 USD (2020)
Seychelles : 11,425.09 USD (2020)
Sao Tome: 2,157.84 USD (2020)
Cape Verde :3,064.27 USD (2020)

Nigerians need to stop brandishing the GDP as a measure of wealth and focus on revenue generated and available per capita.


Osinbanjo should stick to the law and leave economics to the economist.

Last week he suggested that the CBN should consider devaluing the Naira forgetting that under Buhari\Osinbajo government the Naira has been devalued from N196 to N450 in 6 years.

1 Like

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by TheGoodJoe(m): 7:27pm On Oct 14, 2021
Bacteriologist:
Vice President isonu.

Selectively picking stats as usual to paint a false picture and please this failure of a government.

India also has a mammoth GDP (almost equal with that of Japan and Germany) but that's just because it's a highly populated country. We all agree that the quality of life in India is nowhere near that of the Japan or Germany.

Ekiti has a GDP of $2.8 billion and a population of about 2 million people. That's a GDP per capita of $1,000.

Seychelles has a GDP of $1.1 billion but a population of over 100,000. That's a GDP per capita of $11,000.

Clearly, the seycheless economy is almost 11x more efficient than Ekiti State. Ekiti state has no viable means of generating income, except for its schools. EKSU students pay as high as 100k for acceptance fee in the state university.

Seychelles is a tourist and agro-based economy, it is one of the most (if not the most) attractive places to visit and live in Africa. Nothing of that sort can be said for Ekiti. No production. Just spending and vibes.

A more effective measure of any economy is GDP per capita (per person). But as usual these dark souls cherry pick stats to paint a false image. I spit on this government based purely on lies.

So what is Ekiti State doing about boosting their economy?

That is what VP Osinbajo is saying. States should develop a mindset or nations and act. You can't amass so much resources and do nothing.

I have said it, Wike for instance wasting Billions on flyover, has wasted resources he would have invested to boost economic growth.

I am even tired of this infrastructure talk self.

The first thing is to provide direct investment of cashflow for the masses.

The first for Sustainable Development Goals are:

1. No Poverty: End Poverty in all its forms everywhere.

2. No Hunger: End Hunger, achieve food security, and improved nutrition, and promote sustainable agriculture.

3. Good Health and well-being: Ensure healthy lives and promote well-being for all at all ages.

4. Quality Education: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.

No State government with all the money released to them have taken strides to provide full implementation of SDGs in their States.
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by TheGoodJoe(m): 7:32pm On Oct 14, 2021
sulaak:


The assertion is absolutely crap, if the GDP per capita is $840 then Ekiti State is extremely poor, with limited bandwidth to improve human capital development and industrial development without loans and FDI.

The GDP per capita of

Gambia: 787.01 USD (2020)
Seychelles : 11,425.09 USD (2020)
Sao Tome: 2,157.84 USD (2020)
Cape Verde :3,064.27 USD (2020)

Nigerians need to stop brandishing the GDP as a measure of wealth and focus on revenue generated and available per capita.


Osinbanjo should stick to the law and leave economics to the economist.

Last week he suggested that the CBN should consider devaluing the Naira forgetting that under Buhari\Osinbajo government the Naira has been devalued from N196 to N450 in 6 years.

I don't think Osinbajo just said devalue the naira but was talking about it from the CBN's perspective.

Those who source FX from CBN get it for $410 and sell it in the black market for $570 that is a whooping sum of $160.

So, Osinbajo says CBN should obey market forces and stop the artificial rates.

If the cost is 410, dollar inflow will reduce because it sells better on the black market.

If there is a parallel price between the black market and CBN, round tripping (which is actually a funding piece for terror groups) will stop and inflow of dollars will increase.

I think he is right.

1 Like

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by sulaak(m): 7:34pm On Oct 14, 2021
drlaykay:

If you read closely, you will discover he wasn't giving the stats to make us believe Ekiti is working. He only said that to sensitize the government to work.
If they earn much, they should be able to fix infrastructures and the rest. You got the message wrong.

You can't sensitize the government to work with selective data, you need to spell the home truth. A state like Ekiti with 3.5 million inhabitants, arable land and a literacy rate of 85% should be generating more revenue than the measle $840 per capita.
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by joefelin2345: 7:35pm On Oct 14, 2021
Zeemam:
What an intelligent man, he is always on point.
Very intelligent indeed. Do you know some index of underdevelopment? Compare the life of am average citizens from those countries mentioned with that of Ekiti State. Which ones are far better? Don't be a fool with this man's rhetorics pls.

1 Like

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by poiZon: 7:38pm On Oct 14, 2021
Bacteriologist:
Vice President isonu.

Selectively picking stats as usual to paint a false picture and please this failure of a government.

India also has a mammoth GDP (almost equal with that of Japan and Germany) but that's just because it's a highly populated country. We all agree that the quality of life in India is nowhere near that of the Japan or Germany.

Ekiti has a GDP of $2.8 billion and a population of about 2 million people. That's a GDP per capita of $1,000.

Seychelles has a GDP of $1.1 billion but a population of over 100,000. That's a GDP per capita of $11,000.

Clearly, the seycheless economy is almost 11x more efficient than Ekiti State. Ekiti state has no viable means of generating income, except for its schools. EKSU students pay as high as 100k for acceptance fee in the state university.

Seychelles is a tourist and agro-based economy, it is one of the most (if not the most) attractive places to visit and live in Africa. Nothing of that sort can be said for Ekiti. No production. Just spending and vibes.

A more effective measure of any economy is GDP per capita (per person). But as usual these dark souls cherry pick stats to paint a false image. I spit on this government based purely on lies.
No mind osinbajo, he wants to follow peter obi in reeling out stats of countries.
His own stats don suffer hard starting.
Rare whatever, ur veepee stats doesnt reflect true realities on ground.
Infact to paint it in a true position, seychelles
GDP per capita is much better than ekiti state
GDP per capita.

2 Likes

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by Ibime(m): 7:38pm On Oct 14, 2021
DubaiLandLord2:
But the people in all those countries except Gambia and Guinea Bissau are living a better life.

Gambians are living better life than Ekiti people
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by TheGoodJoe(m): 7:38pm On Oct 14, 2021
joefelin2345:
Very intelligent indeed. Do you know some index of underdevelopment? Compare the life of am average citizens from those countries mentioned with that of Ekiti State. Which ones are far better? Don't be a fool with this man's rhetorics pls.

I think you people are missing the prof's point again.

He is saying Ekiti has enough GDP to transform the lives of the people in their State.

They should start working. They should have a mindset of a Nation. That is, develop their economy and the lives of their people.

2 Likes

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by TemmyT002(m): 7:38pm On Oct 14, 2021
Is Ekiti better than Seychelles??
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by adelaja70(m): 7:39pm On Oct 14, 2021
MangekyoAlt:
Why the comparison?

Meanwhile, it is obvious that people in cape Verde and Seychelles are living better than people in ekiti. Why don't you compare that aspect, old man?
.
But why una no dey read to comprehend? Na wa oh!

1 Like

Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by joefelin2345: 7:42pm On Oct 14, 2021
Shooyie:


Come up with facts to disprove it, then we can listen to you.
Take your time to read the various submissions on this thread, be open minded, analyse them &digest them thoroughly before supporting him just bc he is called a ..Prof..or .SAN..
Re: Osinbajo: Ekiti Has Higher GDP Than Gambia, Cape Verde, Seychelles by MangekyoAlt: 7:42pm On Oct 14, 2021
adelaja70:
.
But why una no dey read to comprehend? Na wa oh!
You lack common sense

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