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Area4Area's Posts

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PoliticsRe: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Area4Area: 12:21am On Mar 04, 2020
Many do not understand that the exchange rate to the dollar can increase or decrease the GDP in dollar terms but the GDP PPP determines the true value of the economy.

This is why Britain and France are always giving everyone headache every year, if the pound become stronger against the Euro, the British economy becomes larger than that of France and when the Euro becomes stronger it becomes the opposite
PoliticsRe: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Area4Area: 11:50pm On Mar 03, 2020
nameo:
Do you know that this is nothing to celebrate here, and infact that this indicts this Govt??

Clue: In 2014, Nigeria became the largest economy in Africa and valued at $509.9bn whilst South Africa was $370.3bn.

Today, Nigerian economy has according to your report in the OP declined to $472/402bn i.e a decline of about $38bn( it would even be more if you take into account inflation rate between then and now).

The only reason SA overtook us was that our growth since then has been very sluggish with us entering into a recession(successive "negative" growth). The reason why you just overtook SA again is that they just entered their 2nd recession within the period.

In real terms, none of the countries grew.

So quit that Buhari worship. On the economy, as with almost everything else, he has failed.
Hold on, what was calculated there was the GDP nominal which takes into account the exchange rate to the dollar, if the naira becomes 150 to a dollar today, GDP nominal would increase. The 509.9 billion figure was when the naira was higher than this.

GDP PPP doesn't take fully the exchange rate to the dollar and it actually gives the real state of the economy, someone who earns 350k naira in Nigeria and someone earning $1k in the US, who do you think would be living better. In dollar terms, they're both earning $1k. This is what the GDP PPP evaluates and that's why our GDP PPP is over $1.2 trillion today despite the 470 billion as the GDP nominal.
PoliticsRe: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Area4Area: 10:55pm On Mar 03, 2020
chriskosherbal:
Not just big theoretically it should reflect in the day to day lives of the ordinary Nigerians, bringing about the desired positive they crave for otherwise it's equal zero.
I'm sure if it was Nigeria that was said to have gone into recession again you'd have been happy and cursing Buhari, Tinubu and APC.
Abeg go siddon abeg, Nigeria's economy is the largest on the continent and economic growth is getting faster, deal with that for now.
PoliticsRe: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Area4Area: 10:40pm On Mar 03, 2020
You won't see wailers in threads like this, people who wake up and wishing evil on their country as if if anything bad happens, they won't be affected.

Nigeria went into a recession years back,
Naira was on a free fall etc and they were all happy

Fast forward and the reverse became the case and they became angry.

South Africa entered another recession and they were wishing it was Nigeria that was mentioned.
PoliticsRe: Join The Live Braodcast Now Biafra Match For Trump, June 20th by Area4Area: 6:02pm On Mar 03, 2020
Na wah o, some can cry for Africa
Foreign AffairsRe: South Africa Slips Into Recession by Area4Area: 3:06pm On Mar 03, 2020
nurez305:
Upon the recession , how much is south Africa Rand to Nigeria naira cool huh
You don't calculate that way, South Korean won is over 1000 won to a US dollar, is the Nigerian or South African economies combined stronger than that of South Korea?
Foreign AffairsRe: South Africa Slips Into Recession by Area4Area: 2:49pm On Mar 03, 2020
Buhari, Tinubu and APC caused it, they are wicked. Lol
PoliticsRe: Join The Live Braodcast Now Biafra Match For Trump, June 20th by Area4Area: 8:35am On Mar 03, 2020
Abeg anyone who listened to kanu's broadcast should give us highlights of what he said.
PoliticsRe: Join The Live Braodcast Now Biafra Match For Trump, June 20th by Area4Area: 8:30am On Mar 03, 2020
Frankdoz8:
go to radio Biafra London Facebook page or download radio Biafra app and listen to every broadcast.
....so you can't brief us or what?
PoliticsRe: Godwin Maduka Fans Club Inaugurates Executives Across 21 LGA Ahead Of 2021 by Area4Area: 4:31am On Mar 03, 2020
okoroemeka:
100% correct,Dr cosmas maduka has single handed transformed the life's of people living in his community in such a way that I highly doubt if dangote has ever done what this man has done,he practical built a new town for his people,from modern markets,high court,hospitals,church's of all denomination,schools,police station,hotels,built tarred roads,bore holes everywhere,standby caterpillars for quick repairs of interior roads,house for anyone that cares to apply for one, palace for traditional ruler,subsidized tipper trucks to many drivers in the town that cares to apply,infact this man built so many free houses for his people that it's beyond belief,a doctor with zero government loot or government connection doing such things with his private money,I am still yet to see that record broken by other Nigerian billionaires.
I think I like the man after seeing his achievements but he hasn't declared he's going for the post yet
PoliticsRe: Godwin Maduka Fans Club Inaugurates Executives Across 21 LGA Ahead Of 2021 by Area4Area: 4:20am On Mar 03, 2020
Wickedfacts:
Looks like having moustache is the only requirement for ruling Anambra.
Hmmmmm, don't shake the table too much o.
PoliticsRe: Again, Anambra Medical Doctors Begin Strike by Area4Area: 3:58am On Mar 03, 2020
Area4Area:
Obiano should do the right thing by abiding to the agreement
PoliticsRe: Again, Anambra Medical Doctors Begin Strike by Area4Area: 8:45pm On Mar 02, 2020
Obiano should the right thing by abiding to the agreement
PoliticsRe: Why Are The Ibos Hell Bent On Claiming The Niger Delta Even Tho It Aint Theirs by Area4Area: 5:25pm On Mar 02, 2020
......and the attaché by force by fire continues
PoliticsRe: Join The Live Braodcast Now Biafra Match For Trump, June 20th by Area4Area: 3:57pm On Mar 02, 2020
Just heard Nnamdi Kanu would be giving a live broadcast tomorrow 03/03/2020 by 6am.
Hope all the IPOB sympathizers would brief us.
PoliticsRe: Protesters Storm PHED Office In Port Harcourt Over Poor Power Supply (Photos) by Area4Area: 1:05pm On Mar 02, 2020
alizma:
Not until prepaid metre get to every house in Nigeria, there will be no stable light.
Before you quote me ask yourself the last time you call mtn or glo to complain about no network in your area.
With prepaid metre, it will be a case of no light, no payment.
Abeg leave these wicked people, we that have prepaid meters yet EEDC won't even supply the light sef.
PoliticsRe: Imo Election: Ihedioha Asks Supreme Court For Adjournment by Area4Area: 10:58am On Mar 02, 2020
deboysben:
It seems they are confused to give the judgement.

Apc and their evil agenda but God pass them
Did you read the text, it was Ihedioha's lawyer that asked for an adjournment
CultureRe: Why Every Igbo Man Must Think Home by Area4Area: 10:52am On Mar 02, 2020
Terrified kids who can't use their original monicker to face me
IslamRe: Igbo Muslims and prominent igbo Muslims Politicians In Igbo Land(photos) by Area4Area: 6:14am On Mar 02, 2020
Isn't it funny that some people are just denying the truth and the obvious, we have Igbo Muslims amongst us so what's the big deal?

So stop this Yoruba Muslim/Christian nonsense because Igbos have their Muslims too and even Jewish worshippers
CultureRe: Why Every Igbo Man Must Think Home by Area4Area: 11:23pm On Mar 01, 2020
MelesZenawi:
Well you know better than me. I don't need to say further.
Get started and bring in all your monickers, na you go tire las las, those above you no reach sef, see him feeling funky.
CultureRe: Why Every Igbo Man Must Think Home by Area4Area: 10:02pm On Mar 01, 2020
MelesZenawi:
Pain fire..

Na you go begin complain and kicking if I start my own.
A threat or promise?
CultureRe: Why Every Igbo Man Must Think Home by Area4Area: 7:54pm On Mar 01, 2020
MelesZenawi:
I keep on telling you if you're done with your issues at Onitsha, then move back to ogbomosho.
E pain am
CultureRe: Why Every Igbo Man Must Think Home by Area4Area: 7:53pm On Mar 01, 2020
MelesZenawi:
Are you this obsessed with Igbos?

His thread is centred on advise and you are here deviating it to personal issue.
...and how's that your business, were you called in, did you know how our encounter began?
CultureRe: Why Every Igbo Man Must Think Home by Area4Area:
mrvitalis:
I'm no body oya go n rest
So keep quiet and let other forumites be.
PoliticsRe: Join The Live Braodcast Now Biafra Match For Trump, June 20th by Area4Area: 6:34pm On Mar 01, 2020
Someone should please give us an update na
PoliticsRe: Meet The Man Who Created The Name Biafra, He Is Not Even An Igbo Man by Area4Area: 6:32pm On Mar 01, 2020
selemempe:
mumu talk. Is every Yoruba man not from Lagos? Soon you guys will rename your barely recognised tribe to lagos
Leave Lagos and come over to Igboland to get your Biafra, you can't get it in Lagos and your leader in London
PoliticsRe: Our Parents Burial Showed The World That IPOB Is A Peaceful Group- Kanu's Brothe by Area4Area: 6:25pm On Mar 01, 2020
gidgiddy:
Thats shows you how useless Nigeria is. Nigeria is. Focusing on Nnamdi Kanu and IPOB for "talking" but neglected all the armed bandits and killer herdsmen slaughtering Nigerians daily

Any country that is chasing after people for talking when there are many other people who are carrying AK47 and killing people is not a serious country
Create another thread for other topics and face this one
PoliticsRe: Our Parents Burial Showed The World That IPOB Is A Peaceful Group- Kanu's Brothe by Area4Area: 6:23pm On Mar 01, 2020
Gidgiddy, as expected, you used your enemybulldozer monicker.
If you think you have balls, reply me with your gidgiddy monicker then you'd get a reply.
CultureRe: Why Every Igbo Man Must Think Home by Area4Area: 6:07pm On Mar 01, 2020
mrvitalis:
Yes and u keep following a no body ...
You finally said it, that you're a nobody
PoliticsRe: Meet The Man Who Created The Name Biafra, He Is Not Even An Igbo Man by Area4Area: 6:03pm On Mar 01, 2020
selemempe:
Lagos is one city that I will never live in in my whole life!

A 'city' you spend a big chunk of your life in traffic? Where every street is smelling like menstrual blood! Tue!! Tufiakwa...if I ever leave Enugu (which I won't) then I'm moving to Abj as a senator or reps member or even president

Lagos Can go and die
So they say and would never leave Lagos, talking of moving to Abuja, why not to Onitsha or Owerri or Aba? Enugu indeed.
PoliticsRe: Meet The Man Who Created The Name Biafra, He Is Not Even An Igbo Man by Area4Area:
selemempe:
my friend take many seats! Your ranting which is read by a handful of nairalanders is why Biafra has not come? What ever you are smoking is dangerous to your health

Cone heads are sick
IPOB Biafra will never come, my posts can't withhold your Biafra but you and I know that you, Kanu and IPOB can never achieve Biafra, your noise and rants on nairaland only entertain us.
PoliticsRe: Video Footage Showing Biafra In The Aftermath Of The War by Area4Area: 1:17pm On Mar 01, 2020
gidgiddy:
I hope you realise that Biafra was fighting for freedom while the rest of you Nigerians were fighting for the Hausa/Fulani Caliphate of Sokoto to be masters of Nigeria

Fighting for freedom is honourable, fighting to be a slave is not
Why can't you simply challenge his post instead of trying to derail with your Hausa/Fulani waahala.
He mentioned names of whites who fought for Biafra with names and pictures, reciprocate the gesture.

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