Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,812 members, 7,820,853 topics. Date: Tuesday, 07 May 2024 at 11:18 PM

World Bank Predicts Higher Per Capita Income For Nigeria - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / World Bank Predicts Higher Per Capita Income For Nigeria (9896 Views)

More Nigerians, Africans Will Fall Into Extreme Poverty, World Bank Predicts / World Bank Predicts Sharp Fall In Nigeria’s GDP / Top Ten States With Highest Number Of Billionaires Per Capita In Nigeria (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: World Bank Predicts Higher Per Capita Income For Nigeria by gabbytabby: 7:45am On Jan 10
May God exceed their projections. 🙏🏾🙏🏾

Paraman:


https://punchng.com/world-bank-predicts-higher-per-capita-income-for-nigeria/?amp
Re: World Bank Predicts Higher Per Capita Income For Nigeria by justtoodark: 7:46am On Jan 10
this latest edu betta story shows how wicked nigerians actualy are....

i couldnt even understand what was wrong sef.... undecided undecided
Re: World Bank Predicts Higher Per Capita Income For Nigeria by justtoodark: 7:48am On Jan 10
money dey nigeria....
but the wickedness of average nigerians is something else....
Re: World Bank Predicts Higher Per Capita Income For Nigeria by GlocusDan: 7:48am On Jan 10
I pray that it comes to reality.
Re: World Bank Predicts Higher Per Capita Income For Nigeria by Westerhoffe(m): 7:50am On Jan 10
ivolt:

It is not what people accept that matters, it is what eventually happens.
Afterall, nobody would burn their income if it increases in 2025 due to bad belle.

In short words, thanks for this reply.

Is it today Nigerians have been hearing empty promises and predictions?
Re: World Bank Predicts Higher Per Capita Income For Nigeria by phemray(m): 7:51am On Jan 10
Nice2023:
Not with the way the 37billion got mismanaged.

God love nigerians as a special Creator, we will always bounced back. Is it Only #37Billion? Did you know how much people have escaped with since 1999 without being noticed? Thank God eyes are well opened now
Re: World Bank Predicts Higher Per Capita Income For Nigeria by sonature1: 7:54am On Jan 10
YoungLionken:
International bodies and cho cho cho in African matters. The other predicted that Nigeria would split by 2015, but here we are..

One thing I noticed about the African government is that they usually mind their businesses...

They do it to all member nations.

1 Like

Re: World Bank Predicts Higher Per Capita Income For Nigeria by khaffi2(f): 8:01am On Jan 10
Interested in Netflix and other movie apps login plus unlimited data for browsing and streaming online?
Works for Android, iPhone and can be mirrored to your smart TV for a bigger view.
Available at 2k only. Call or Whatsapp 09042345748
Re: World Bank Predicts Higher Per Capita Income For Nigeria by DMerciful(m): 8:13am On Jan 10
Let it happen or did you vote Amoda for predictions?
Aonkuuse:
Unfortunately people won't accept this one because it is not a bad prediction against Nigeria
Re: World Bank Predicts Higher Per Capita Income For Nigeria by VeeVeeMyLuv(m): 8:13am On Jan 10
Min wage of $27 monthly cheesy🤣😂

World Bank 🏦 dey play, dey play oooo ....
Re: World Bank Predicts Higher Per Capita Income For Nigeria by Exemplary1(f): 8:17am On Jan 10
😶
Re: World Bank Predicts Higher Per Capita Income For Nigeria by aylagos(m): 8:20am On Jan 10
michlins:
sure this will happen because of the devaluation of the currency and inflation.

If you're smart enough, you will easily predict that.

With the increased market liberalisation efforts of this administration will help the rich get insanely richer while making the poor poorer.


So with more money for the rich,it will seem like it's same situation for us all
illiteracy nah werey

2 Likes

Re: World Bank Predicts Higher Per Capita Income For Nigeria by Bluntemperor: 8:30am On Jan 10
Aonkuuse:
Unfortunately people won't accept this one because it is not a bad prediction against Nigeria

You are on Point!
I don't know why we are so brutal and wicked to ourselves and our Nation!
Let's keep hope alive - always thinking good of your Country at all times!
Like the Americans when they wake-up, it's ' God Bless America' till date!

1 Like

Re: World Bank Predicts Higher Per Capita Income For Nigeria by dmbb: 8:38am On Jan 10
Aonkuuse:
Unfortunately people won't accept this one because it is not a bad prediction against Nigeria
and you are part of the people
Re: World Bank Predicts Higher Per Capita Income For Nigeria by Makamatic: 8:39am On Jan 10
Quote me 1 year time let's see this projections
. nonsense projection . Yinmu
Re: World Bank Predicts Higher Per Capita Income For Nigeria by caye(m): 8:58am On Jan 10
I already see some agents rejoicing that their masters ...in the World Slavery Bank, is predicting higher per capita income.

I Weep.

Did they give you the estimate in percentage, of how much it would increase?

- what will be the effect of galloping inflation on the increase

- how many Nigerians would partake in the increase; Abi just some few Oligarchs will chop the food?


Plus ppl, don't rejoice , when your enemy and the enemy of God, smiles and lies to soothe you to sleep, while you drift into poverty, war and death.

1 Like

Re: World Bank Predicts Higher Per Capita Income For Nigeria by panpan(m): 9:02am On Jan 10
The World Bank is just a lending institution.
They should not pretend to be experts on Nigeria's economic affairs.
Re: World Bank Predicts Higher Per Capita Income For Nigeria by caye(m): 9:03am On Jan 10
One defect of this generation of black ppl; unlike Black ppls of the ancient world, is that we are emotional, and we need to correct this.


Our emotions is not tied to logic, so we are easily deceived , led astray and hypnotised.

But we can become awakened.

Let's awaken from this slumber. God is our Father and Mother. God created us. We are his children. And we can overcome slavery, low self esteem, bondage and underdevelopment.
We can fulfill our God - given destiny
Re: World Bank Predicts Higher Per Capita Income For Nigeria by Rating(m): 9:48am On Jan 10
As interesting as these Per Capita Income projections are, this does not translate to a better life for everyday Nigerians in real terms. Wage structure, access to good health and education, housing costs, electricity/fuel accessibility, and cost of everyday goods - these are what matters to the standard of living for the people, and which can actually increase the productivity of the working force.

PCI, GDP, GNP can all be looking good and still, the citizens not feeling it.
Re: World Bank Predicts Higher Per Capita Income For Nigeria by Irony1: 9:51am On Jan 10
Aonkuuse:
Unfortunately people won't accept this one because it is not a bad prediction against Nigeria

Try and be sensible. This is too childish from you
Re: World Bank Predicts Higher Per Capita Income For Nigeria by BreconHills(m): 10:26am On Jan 10
Yankee101:
Higher per capita isn’t the problem
The problem is its equitable distribution
How much of it will be in Nigerians’ pockets?

Wealth distribution is a problem in every country in the world. No one is going to solve this anytime soon. That's how capitalism works.

The government should continue it's efforts with power, infrastructure and services like health. The difference between South Africa and Nigeria today is not about their economies today but rather about how one invested heavily in in infrastructure in a time of plenty while the other frittered all its money away without completing any meaningful project.
Re: World Bank Predicts Higher Per Capita Income For Nigeria by mbos: 10:38am On Jan 10
in naira or dollar?
Re: World Bank Predicts Higher Per Capita Income For Nigeria by tctrills: 10:57am On Jan 10
Aonkuuse:
Unfortunately people won't accept this one because it is not a bad prediction against Nigeria
This actually is not supposed to be a big deal. This would make Nigeria one of the slowest countries in sub Saharan Africa to return to it's pre pandemic size.
Again, under the corrupt PDP, we grew by more than 6% yearly average but the Tinubu government can only give us half that growth.
You really think this is reason to celebrate? Now compare the projected growth with the projected population increase and tell us if you are still so impressed.
Re: World Bank Predicts Higher Per Capita Income For Nigeria by Reflect7: 10:58am On Jan 10
VeeVeeMyLuv:
Min wage of $27 monthly cheesy🤣😂

World Bank 🏦 dey play, dey play oooo ....

That $27 is worth 10 times its American value in Nigeria.

With that money you can pay school fees and feed a small family for a month.

In America it’s barely enough for a single day.
Re: World Bank Predicts Higher Per Capita Income For Nigeria by Reflect7: 11:05am On Jan 10
BreconHills:


Wealth distribution is a problem in every country in the world. No one is going to solve this anytime soon. That's how capitalism works.

The government should continue it's efforts with power, infrastructure and services like health. The difference between South Africa and Nigeria today is not about their economies today but rather about how one invested heavily in in infrastructure in a time of plenty while the other frittered all its money away without completing any meaningful project.

My friend go and study history and stop typing rubbish.

South Africa started building her infrastructure from the mid 1800s, while Nigeria only started in 1960, after independence, since all the British did was loot.

Our first power plant was Kainji dam commissioned in 1964.

South Africa? Their first power plants were built in the 1880s.

First universities, 1890s.

Nigeria’s first university was completed in 1962.

Dunno why I should be explaining this to people who are supposedly educated.

The colonialists saw SA as THEIR country, so they reinvested export proceeds into the economy right from the start, unlike in other colonies where they simply built rudimentary infrastructure, just enough to facilitate their exploitation and looting.

That’s why Nigeria was virtually a jungle in 1960, when SA was already a developed country.

But Nigeria is catching up slowly. It will still be a few decades before she can be on the same level in terms of development, with SA.

2 Likes

Re: World Bank Predicts Higher Per Capita Income For Nigeria by BreconHills(m): 12:02pm On Jan 10
Reflect7:


My friend go and study history and stop typing rubbish.

South Africa started building her infrastructure from the mid 1800s, while Nigeria only started in 1960, after independence, since all the British did was loot.

Our first power plant was Kainji dam commissioned in 1964.

South Africa? Their first power plants were built in the 1880s.

First universities, 1890s.

Nigeria’s first university was completed in 1962.

Dunno why I should be explaining this to people who are supposedly educated.

The colonialists saw SA as THEIR country, so they reinvested export proceeds into the economy right from the start, unlike in other colonies where they simply built rudimentary infrastructure, just enough to facilitate their exploitation and looting.

That’s why Nigeria was virtually a jungle in 1960, when SA was already a developed country.

But Nigeria is catching up slowly. It will still be a few decades before she can be on the same level in terms of development, with SA.




Everything you've said here backs up what I just said. Don't let political bias set up time frames that I did not mention.
Re: World Bank Predicts Higher Per Capita Income For Nigeria by ifeco4(m): 12:53pm On Jan 10
Paraman:


https://punchng.com/world-bank-predicts-higher-per-capita-income-for-nigeria/?amp

There can be huge increase in per capital income and the masses still not better off.

In fact, the masses can even be worse off.
Re: World Bank Predicts Higher Per Capita Income For Nigeria by Paraman: 1:13pm On Jan 10
ifeco4:


There can be huge increase in per capital income and the masses still not better off.

In fact, the masses can even be worse off.
You didn't see where it was written in the article that, inflation will start dropping very soon?
Re: World Bank Predicts Higher Per Capita Income For Nigeria by PHAYOL81: 3:30pm On Jan 10
Hopefully
Re: World Bank Predicts Higher Per Capita Income For Nigeria by lexylaw40kuti: 5:41pm On Jan 10
..
Re: World Bank Predicts Higher Per Capita Income For Nigeria by ifeco4(m): 11:19am On Jan 11
Paraman:
You didn't see where it was written in the article that, inflation will start dropping very soon?

That will be a desired change. We await it's happening.

(1) (2) (3) (Reply)

Wike Orders All Government House Employees To Go For COVID-19 Test / Northern Monarchs Meet Over Al-mustapha! / BOMBSHELL: A Jew Responds To Muslims Call To Boycott Jewish Products.

(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. 34
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.