₦airaland Forum

Better to find the correct person and prosecute

If we had scored 3 clear goals within regular time, we won’t bother who the referee was!

When has rescuing people from kidnappers become the task for sitting governors. Police and other security agencies are already involved in the rescue.

You might suggest the governor should stop eating and stop breathing until the victim is rescued.

You didn’t recognise your son just after 7years?
Is that for real?

The taxman is coming!

Nigeria do not need their ratings. They should face their front

O beta.

How many miles per hour must my words be before I can post them here

Giftedhand47:
Mr Seun is an atheist and doesn't believe in God
His Mom and dad are devoted Christians

My bad. I didn’t get that memo.

It is then very possible that Seun could be related to this couple

But is the person presenting this programme related to Seun osewa of Nairaland.

Because seun is a Muslim and these couple here appear to be Christians.

Kudos to the team and congratulations to the proposed attendees

Blazetrailer:
Ignorance on full display here. Go back to school. Education is not scam

What do you know ?

There are different methods of evaluating the GDP.

One road does not get to the market

chidiokay:
You should be covering your eye in shame, since when is GDP measured by bank transactions

must you guyz defend failure, on top 30k wage una dey collect

The correlation between a country’s GDP (Gross Domestic Product) and transactions recorded through formal banking channels is generally positive, but the strength of that correlation can vary widely depending on the country’s level of economic development, financial inclusion, and the size of its informal economy.



🔍 Understanding the Relationship

✅ 1. GDP and Banking Transactions:

* GDP measures the total value of goods and services produced in a country.
* Banking transactions reflect recorded economic activities—such as wages, sales, and investments—that flow through formal financial systems (banks, mobile money, etc.).

Since most formal economic activities (e.g., corporate sales, wages, taxes) are transacted through banks, a strong banking system typically reflects higher and more traceable GDP.



📈 When the Correlation is Strong

In developed economies:

* Most transactions go through banks (e.g., salaries, purchases, taxes).
* Informal economic activity is low.
* Result: High correlation between GDP and banking transactions.


📉 When the Correlation is Weaker

In developing or informal economies:

* Large segments of the population may be unbanked.
* Cash-based or barter transactions dominate local markets.
* Many economic activities (like street vendors, informal labor) are not captured by banks.
* Result: Weaker correlation between GDP and banking transactions, and GDP may be underestimated.

💡 Implications

* Underbanking can distort official GDP figures.
* Expanding financial inclusion (e.g., mobile banking) improves GDP measurement accuracy.
* Policymakers and analysts should consider banking penetration when evaluating economic performance using GDP.

Breaker001:
...and Burkina Faso is better placed than Nigeria on this scale, yet some of our people will jump at the slightest opportunity to discredit what Capt Ibrahim Traore is doing with his people.

Even Togo, Uganda and Benin republic are all rated better than Nigeria.

Wonders shall never end

Its official!!

No country in Europe was mentioned in the list.

None is poor

bionixs:
No, you are very rich.
Your mates are doing great things outside this clime and you are here mentioning oyimbo are eternally okay.

Those white hairs springing up on your head cannot be reversed o

That was quick, but I changed my choice of words tho

Like if you think Peter Obi would have done the economy better

Share if you trust President Bola Tinubu is making the economy better

Are we that poor or it is just a perception of the analyst.

Many trades and transactions never made it to the bank, so those transactions were never measured

Hopefully, the world is not getting to witness another whole scale war

Nice step in the right direction.

You can’t get it wrong with a great team

So they want to see what applicants are hiding under our sleeves

Na so so visit without real work seen to be done by our political leaders. They make their visits meaningless to these volatile places.
Once PBAT returns to Abuja, hostilities are most likely to recommence

If he has not spend big money, the recognition wouldn’t have come. That’s how those people roll.

I was thinking the reason would be that we can now refine our oil petroleum needs locally and no longer need dem longer throats.

See what Tinubu has caused now. An exconvict is now chiding him

helinues:
Davido is becoming a nuisance. He doesn't know how to address issue maturely

You can’t be more matured than how he apologised to his dan and assured them of his respect. 3weeks advance notice is enough respect, imo.

LongT:
the 'meatflix' really got me. If such amount could be used judiciously, then expect your bulls, goat and chickens industrial revolution.

Truest! Only if the whole money is well planned and disbursed for the purpose

😂 with N60 billion in the mix and an ultramodern abattoir on the way, even the cows in Gombe are moo-ing in anticipation! At this rate, the goats might start applying for jobs at the tannery, and the chickens could form a union for better working conditions!

In Nigeria now, money is shouting spend me , spend me

Money that might be diverted for 2027 elections

Come to think of it, with N60 billion and a 184-hectare livestock paradise, Gombe might soon be the Silicon Valley of cows. Who knew bulls, goats, and chickens would lead Nigeria’s industrial revolution? At this rate, don’t be surprised if the next tech startup is called ‘Meatflix.

What money cannot do ….

It’s the same way the north didn’t comprehend that the new /proposed tax law will be most beneficial to their region

slivertongue:
So Nigerian military that is not as effective as Ghana that is not no the list is 3rd. A military that can't be relied on to put away BH shouldn't be 3rd

You are joking, right?

Lagos is bigger than Ghana, when you look at the GDP (both nominal and based on PPP)