GBPUSD:
I fear for the generations to come.

EKONGKING:
If we get it right and harness the population potential we will a great power like Usa,china and India.
If we don't the country will be a living hell.

Let's hope for the best.

aklid:
Plus more poverty and corruption
Just like India.

Enculer2:
Nigeria is not a nation.

jmoore:
When Qatar is discussed on how they have developed, some of you will say Qatar has a smaller population than Nigeria.

You are now gloating over the prospect of Nigeria being the 3rd most populated country.

Burruchaga71:
Only if we are still remain as one country

Rostikol:
A country slightly bigger than Texas is projected to match the US population by 2050 — and it shows how radically the world is changing

Cork Gaines Aug 20, 2023, 4:20 PM BST

Business Insider

- According to new estimates, Nigeria is expected to nearly double its population in the next 27 years.

- Nigeria's stunning growth is also indicative of the growth of the African continent.

- The rise is in contrast to a growing number of countries that will experience population declines.

Abuja, Nigeria



In just the past 12 months, the world's population topped 8 billion people for the first time, and India overtook China as the most populous country in the world. But even as the global population hits new milestones, one of the buzziest discussions is around the "Great People Shortage," as writers here at Insider have termed it. According to projections, China, Japan, Germany, and even the US are facing the possibility of population decline by 2100 — which could come with some serious economic challenges.

In contrast to the countries facing the possibility of an aging, shrinking populace, other parts of the world are set to take the baton of population growth in the coming decades. Perhaps the most notable of these rapid-risers is Nigeria.

As recently as 1982, Nigeria had fewer than 80 million people and was outside the world's 10 most populous countries. In the 41 years since, Nigeria's population has nearly tripled to 225 million, moving up to sixth on the list. And that is not expected to slow down.

According to the most recent UN projections, Nigeria will nearly double its population again by 2050 to an estimated 377 million. In the process, the country will leap-frog Pakistan and Indonesia and end up in a virtual tie with the US as the third most populous country in the world. That's incredible for a country that is just a bit bigger than the area of Texas.

Nigeria's stunning growth is also indicative of the African continent. According to the UN estimates, five of the eight countries expected to make up half of the world's population growth over the next 27 years are in Africa. In an interview with Africa News, Tighisti Amare, the Deputy Director of the Africa Programme Chatham House in London, pointed out that Africa is the fastest-growing continent and the youngest, noting that 70% of the population is under 30.

"The population growth is, of course, partly explained by improvement in level and access to public health," Amare said. "That has led to decrease in child mortality. And that by itself is good news. And the other good news is that also by having a young population, most African nations do not have the burden of a large elderly population that relies on taxes and pensions, which can be a strain on the economy as well."

She also noted that because of such a young population, countries like Nigeria are producing more workers in the tech industry, increasing the possibility that the solutions for issues that impact Africa, such as climate change, are developed domestically.

While there are plenty of positives, there are also plenty of development issues that come with such a rapidly expanding population. Michael Herrmann, an economic adviser with the United Nations Population Fund, told Africa News that without proper planning, it could be difficult to care for, educate, and employ a population growing that fast.

"They have decided to meet the needs of people in terms of education, of health care, housing, food, water, energy, security," Hermann said. "They want to create full employment for the people, and a growing population can raise the stakes in these efforts. It makes it harder to achieve these objectives, to achieve social progress, and also it might come with growing pressures on the environment."

Regardless of how Nigeria and other fast-growing African nations handle their explosive growth, World Population Day gives us a chance to reflect on the dramatic human shifts that will reshape our globe in the decades to come.

https://www.businessinsider.com/africa-population-nigeria-us-2023-7?r=US&IR=T

mrvitalis:

Nigerian population is just potential... Right now it's a useless population to most businesses

Like I say what we have is a chewing gum and sweet population because that's what 90% of Nigerians can Actually buy

Nigeria might be 200 million people but for companies like Mercedes, Toyotas, it's less than 1000

For iPhones it's less than 50,000

For premium luxury brands it's less than 10,000

This our small population are not enough to keep this businesses reason u don't see them here

Nigeria has a big but empty population

In terms of business Ghana is more populated than Nigeria

Rostikol:


IPOB opinion is irrelevant on this thread.

Rostikol:


They will have it better than you, rest assured.

GBPUSD:


I pray. But not as one Nigeria I presume.

Rostikol:


One Nigeria is real.

YOU can leave to reside in Cameroun or Guinea-Bissau if that floats your boat.

We’re even too populated, so you won’t be missed.

Rostikol:


Plus more wealth and development.
Just like India.

Rostikol:


Plus more wealth and development.
Just like India.

RenaissanceGuy:
India is not a wealthy country, please. There's NO single country that ever became wealthy or developed due to its population size. It has always been due to the ingenuity of its government in harnessing wealth through private sector — through manufacturing, innovation and research.

Rostikol:


One Nigeria is real.

YOU can leave to reside in Cameroun or Guinea-Bissau if that floats your boat.

We’re even too populated, so you won’t be missed.

Rostikol:


Nobody asked your opinion.

IPOB outcast.

GBPUSD:


Why being defensive? Is something wrong with your mental state?