GeneralPula:


No matter what, there wil always be 2 sides bro. But when Nigeria was running regionalism system of government, they were better off compared to federalism!

Blitzking:
Our population can become a blessing and a curse with the level of corruption and political blindness it is a curse. If nigeris was just 10 million ppl we would be a very rich nation. And it would be easier to manage..our leaders dont have the cerebral capacity to manage the dynamics of 200+ million ppl . When in fact our population makes it just right for us to rapidly develop for God sake most of population are made up of youthful energy let's put it to use..but clueless leaders are wasting the energy of the youths in 40ysrs time that youthful energy would be gone. The finest breed of Nigerians were born in the 1940 and 50s. After that the decline started those guys were tutored by white men here in nigeria and most could stand side by side with the best of the west. Just look at the first products of Nigeria first 3 universities those guys were the best .highly cerebral.. cultured...with strong morals .were not moved by money .they didn't want to be so rich they just wanted their lives to have a meaning and their communities and region to be peaceful and productive.

OlujobaSamuel:

My child don dey shook eye for my poultry biz small small, this generation no one do anything dirty as most dirty work no get fast money

GeneralPula:

Who told you there’s no incentive to farm in Nigeria? Things you people just say a lot about Nigeria ehh, thank God I’m also a farmer. I own farm lands and I’m also into animal plantation. There’s nothing I needed that I didn’t see easily!

What machines do you need?;
Tractors, ridgers, planters, harvesters? They’re all available! Water? It’s the most easiest abi is there no water in your state? If there’s no water, then you can practice irrigation! It’s not that cost!

Raw materials? What raw materials do you need? They’re available everywhere! But I agree with you, southerners don’t have patience at all! This is the summary of why things are like this!

Security? Which security is a southerner using to go club for Night that he can’t use the same security to go farm during the day?

Salary - I don’t understand what you mean here?

nairalanda1:



UK and Canada are industrial societies, and such societies generate jobs directly and indirectly. Immigration is a bonus to them in a way, ( and it does put a strain on their economies)

What I am saying is simple. Nigeria cannot be like Kuwait because our revenue per capita is lower than Kuwait. We should strive to be like the UK and Canada. Industrial nations that export industrial goods and services

jesmond3945:
security in terms of fulani herdsmen. Salary to motivate. Are you a northerner?

ambale:


From my knowledge having a much more population should be an aadvantage

We are not just using our human assets properly thats all..

No arithmetic measure you want to use that would make 4m greater than 200m

Baxilexi:


What do you suppose our revenue per capital is?

Let’s go practical.

Per capita income is a measure of the amount of money earned per person in a nation or geographic region. Sadly our dearth in data isn’t adequate to ascertain this.

So we turn to ‘Per capita income for a nation’ it is calculated by dividing the country's national income by its population.

Gross National Income (GNI) is the total amount of money earned by a nation's people and businesses.
Ie. GDP + income it receives from overseas sources.

World Economics estimates Nigeria's GDP to be $2.024 trillion in 2022 - 87% larger than official estimates + The Federal Government said Diaspora home remittances in 2022 stood at US$ 21.9 billion through official channels + (my estimate) another $22 billion through unofficial crypto channels like Binance, e-wallets etc totaling = $2.067 trillion

National income/population
USD 2,067 trillion/150 million (working class 17- 65 years) = $13, 780/ year, $1,148 per month.

Perhaps this is too simple, but it’s open to scrutiny. My point is before we speak of diversification we should demand for accountability and transparency on our National income. If not, no matter how much we earn oligarchs would still enforce poverty on the nation.

nairalanda1:




Even then, it is not enough for a nation our size.

(And no, I am not denying corruption exists.).
Now funny you should mention GNI. Our GNI is larger than Kuwait. But....and here is the thing...

Our GNI per capita is 5200 ppp dollars. Kuwait's own is 55930 ppp dollars.

Let that sink in, and you will see why they can afford things like this.

They can afford to spend money on buffering their currency.

Now, diversificsation is important to me because 80% of our revenue is oyel money. And at the end, we never have oil at a high enough price that can sustain us, thus we take loans.

APC, PDP all of them have failed in diversifying our economy, and the army was even responsible for making us oil dependent in the first place when they ruled. That's why I am not impressed with Tinubu, atiku and obi.

Now, I DO NOT DENY CORRUPTION, I DO NOT DENY THERE IS POOR ACCOUNTABILITY, et....we have that, but even then, the money to begin with is not enough.

If Tinubu does not diversify our economy, he is a failure like all our past leaders...including the ones you like.

Simple. Nigeria must diversify, and Nigeria must industrialize. Or we get crushed by them in the IMF.

nairalanda1:




Even then, it is not enough for a nation our size.

(And no, I am not denying corruption exists.).
Now funny you should mention GNI. Our GNI is larger than Kuwait. But....and here is the thing...

Our GNI per capita is 5200 ppp dollars. Kuwait's own is 55930 ppp dollars.

Let that sink in, and you will see why they can afford things like this.

They can afford to spend money on buffering their currency.

Now, diversificsation is important to me because 80% of our revenue is oyel money. And at the end, we never have oil at a high enough price that can sustain us, thus we take loans.

APC, PDP all of them have failed in diversifying our economy, and the army was even responsible for making us oil dependent in the first place when they ruled. That's why I am not impressed with Tinubu, atiku and obi.

.
Now, I DO NOT DENY CORRUPTION, I DO NOT DENY THERE IS POOR ACCOUNTABILITY, et....we have that, but even then, the money to begin with is not enough.

If Tinubu does not diversify our economy, he is a failure like all our past leaders...including the ones you like.

.
Simple. Nigeria must diversify, and Nigeria must industrialize. Or we get crushed by them in the IMF.

sunboy:


You as a country make 100m.
Country A: 4m population. 100m/4m = Country A per capital income.

Country B: 200m population. 100m/200m = Country B per capital income.

Now who will have better use of its 100m ?
Whose citizen will have bigger per capital income?
Who will have more disposable cash?
Whose infrastructure will last longer?

Big population has its pros and cons. The best pros for high population is Market and Human Resources. Which means, as long as you produce, you will always sell without exporting and there will always be excess of people to work all types of jobs most times even for cheap labor.

You people need to stop comparing us to countries like US, Qatar or Kuwait or Saudi or UK, it’s ignorant to do that. Comparable economies to Nigeria are Brazil, Mexico, Iran, Pakistan.

Hopefully this helps.

alanto:


Dey play... Imagine if only igala and not even one of the major tribes in Nigeria is enjoying all the oil money? Like only ijaw is enjoying the oil money... It means more money to share within less people and definitely smaller space to build infrastructure.

nairalanda1:


Yes you are right, but the problem with op argument is that he is basically saying we are an oil producing country therefore we should be as rich as Kuwait.

ambale:


You see say you dull

If 4million persons do 100m, should 200m do 100m also if they are serious??

sunboy:


You the smartest olodo!
Where in your dictionary is population = wealth

Also, it didn’t occur to your brain that my post was also a simple analogy?

ambale:


You see say you dull

If 4million persons do 100m, should 200m do 100m also if they are serious??