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Nairaland Forum / Nairaland / General / Politics / Nigeria Maintains Largest African Economy For Fifth Year In A Row (16707 Views)
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Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by smeag0l(m): 8:39pm On Jul 21, 2023 |
This news adds nothing to the plight of the common man! It is common sense that the countries with the largest populations in Africa should have the biggest economies so we are doing nothing special to have the biggest economy which is just a measure of GDP ONLY. However, what most people don't know is that the GDP is not a real measure of how a country is doing. The real measure is GDP per capita, unemployment numbers, interest rates, balance of trade, GINI index and the current account of the country(excess crude account in our own case). All of these indices are very much on the negative for Nigeria. 2 Likes 1 Share |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Believeintruth: 8:40pm On Jul 21, 2023 |
helinues: Dude you are becoming a nuisance in this forum. 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Believeintruth: 8:42pm On Jul 21, 2023 |
FreeStuffsNG: I know you just had to be the one behind this bull shit news Egypt has 100m+ population with a GDP per capita higher than Nigeria and you are here boasting with audio stats on largest economy. Bros go and tell your handlers that this propaganda no dey work. |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Dyfynezz12(m): 8:45pm On Jul 21, 2023 |
The only news that I want to hear is that fuel is 300n coz that is the only news that will have a positive impact on a common man 2 Likes |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by lexy2014: 8:48pm On Jul 21, 2023 |
FreeStuffsNG: Have u ever asked yourself why nigeria has the largest economy in Africa and why u think Lagos is ahead of Ghana? Do you usually share these free stuffs for your family? |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by lexy2014: 8:49pm On Jul 21, 2023 |
helinues: How has this good news improved your standard of living? 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by lexy2014: 8:52pm On Jul 21, 2023 |
nedu666: It's very possible. That is econ growth. A situation whereby certain economic indices like business transactions within a year look positive but doesn't translate to better living standards compared to economic development which is a combination of growth and better living standards 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by MadamExcellency: 8:52pm On Jul 21, 2023 |
helinues: Actually, APC did worse than what they met. Check 2011 and 2014 figures and judge for yourself. 1 Like
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Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Incredible128: 9:01pm On Jul 21, 2023 |
What is the country's GDP per capita? What is it's HDI? These are questions u need to ask helinues: 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by drsibz66(m): 9:11pm On Jul 21, 2023 |
GboyegaD: Tinubu fans will flood here soon and say its Tinubu's handwork just like he built lagos. |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by MrPristine: 9:12pm On Jul 21, 2023 |
Very fraudulent and manipulative news, Nigeria became the biggest economy in Africa when the economy was rebased during the Jonathan administration in 2013 and this was achieved as a result of the rapid economic growth rate experienced during the Obasanjo administration. |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by barinedan(m): 9:25pm On Jul 21, 2023 |
Largest economy yet citizens are living in bad condition 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Nobody: 9:44pm On Jul 21, 2023 |
helinues:When Dem talk say make you go learn for school, you go rush go dey do Agbero(awon set owomi da). It is quite apparent that you do not understand the difference between economic growth and economic development. Nigeria's problem has never been that of economic growth; but guess what, we are not recognized as economically developed, because our standard of living is appalling compared to other countries. That is why Nigeria still has millions of people who are within the poverty bracket. Try go register for one primary school go learn small. This your 5k per month job whey you dey so as online miscreant no go fit sustain you ooo. I don talk my own. Ronu ooo! |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Brek: 9:57pm On Jul 21, 2023 |
Please GDP PPP is the real deal 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by adeniyiemmanuel(m): 10:01pm On Jul 21, 2023 |
helinues:bro u get bad mouth...lol |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Chee59(f): 10:24pm On Jul 21, 2023 |
Biggest economy with highest inflation, heaviest taxes,lowest minimum wage, increased cost of fuel,devalued naira...terrible insecurity. 2 Likes |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by GboyegaD(m): 10:33pm On Jul 21, 2023 |
seguno2: It is well. drsibz66: Most of them should be ignored because they lack reasoning. 2 Likes 1 Share |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by amorprincesa: 10:43pm On Jul 21, 2023 |
Nigeria's population is too massive. It will not allow GDP per Capita to make sense. 2 Likes |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by stevups(m): 11:17pm On Jul 21, 2023 |
We are confused |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by wildernessVoice: 2:34am On Jul 22, 2023 |
When you have a rigger at the healms of affairs, he rig everything to remain relevant. Rubbish.....! |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Teymanhenry(f): 4:16am On Jul 22, 2023 |
When you look at the size and population of the people in Nigeria, then you will realize the reason why this GDP is poor. This translates to higher rates of poverty in the country compared to other top African countries 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Kingabia1998(m): 5:19am On Jul 22, 2023 |
FreeStuffsNG:Is it largest surviving economy,or largest poorest economy. 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by sonofthunder: 5:23am On Jul 22, 2023 |
FreeStuffsNG: The numbers are shameful when compared to our population. 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by excel101(m): 5:44am On Jul 22, 2023 |
Who did largest economy help. |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by simmydare82(m): 5:59am On Jul 22, 2023 |
Largest economy with the poorest citizens, is the largest economy for Agbado or what? 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Moniya4Real(m): 6:35am On Jul 22, 2023 |
Na wa o! The whole of African economy is not up to half of Carllfonia’s. The only way Africa can be reckoned with as an economic force is if it unites. But alas! That ain’t gonna happen. |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Moniya4Real(m): 6:37am On Jul 22, 2023 |
And a huge chunk of the money made year in year out are being stolen Teymanhenry: 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Blackdisciple(m): 6:39am On Jul 22, 2023 |
And the people are crying everyday due to hardship inflicted on the people everywhere inch per square metre... One thing I understand with nigeria is that eg "You will hear someone from afar will say this man is very nice to people but his people around at home are crying for his lack of attention to them". We are good in making people outside see us as a good people while at home we are demons.. Nigeria As best this, best that in Africa just leave your country come to Nigeria and see what's therein and please don't go to those cities you already show on TV oo... Take a tour around and some places and see.. 2 Likes |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by Sheriman(m): 7:29am On Jul 22, 2023 |
Largest economy but average Nigerians are poor 2 Likes |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by dayo20002002: 7:33am On Jul 22, 2023 |
May God help us so that it can be a true reflection in our economy |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by saintadeola: 7:54am On Jul 22, 2023 |
But nothing to show for it 1 Like |
Re: Nigeria Maintains Largest African Economy For Fifth Year In A Row by HellVictorinho6(m): 7:59am On Jul 22, 2023 |
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