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PoliticsRe: The Two Youngest Pilots In Nigeria by atlwireles: 2:04pm On Jul 25, 2014
NewNigeriaMind: Nothing wrong with it if they are certified by NCAA
Not in my world.
HealthRe: Liberian Man With First Ebola Case In Nigeria Is Dead by atlwireles: 1:29pm On Jul 25, 2014
How did a flight from Liberia enter Nigeria without proper entry point checks. The quarantine people will ask about all kind of things yet a man from Liberia can freely walk into Nigeria and cause a public health emergency? angry angry angry angry This is really serious trouble now.
PoliticsRe: The Two Youngest Pilots In Nigeria by atlwireles: 1:22pm On Jul 25, 2014
What airline puts a 19 year old and 22 year old in the cockpit of a commercial flight?
PoliticsRe: . by atlwireles: 11:35pm On Jul 24, 2014
JideJamez: I wish to join the campaign group in my area...........but seems no one is starting anything here...........please i need information Mypin:25E06C5F or 08113257769 whatsapp only
Are you from badagry proper?
PoliticsRe: Exodus In Delta: 3,000 DPP Members Decamp To APC In Delta Council by atlwireles: 10:53pm On Jul 24, 2014
Unfortunately your APC is dead on arrival.
PoliticsRe: Delta:robbers Invade Hospital,molest Patients by atlwireles: 7:06pm On Jul 24, 2014
[s][quote author=Kanwulia]Welcome to URHOBO LAND!
Where AGBERO nor dey fear OVERLOAD!!!! grin

BOKO HARAM OF SOUTH SOUTH. . . .
No need for CHIBOK CHICKENS in SAMBISA FOREST!!!! cheesy[/quote[/s]
PoliticsRe: Chibok: Rented Crowd Fights Over Money by atlwireles: 7:04pm On Jul 24, 2014
suwailad: You guys are shameful. this reminds me of the story of the ants that followed the sugar in the urine until the man who pissed it walked by and crushed their head. Herd mentality on nairaland is amazing, jobless people will just read and the next thing type nonsense.
Quote me next time, if you have something to say. I am not interested in your salon discussion.
PoliticsRe: Chibok: Rented Crowd Fights Over Money by atlwireles: 4:51pm On Jul 24, 2014
Wetin man will not see in this land. grin grin angry
PoliticsRe: If Buhari Had Been Killed , The North Would Have Razed Nigeria Down by atlwireles: 2:20pm On Jul 24, 2014
Obiagelli: i have people i care about around this country replying a folish post with more voilence talk will always put em in danger. Senseless talk about war very dumb. When war breaks out, alliances are formed and broken, be careful what you wish for.
You keep dancing around the simple question, the OP with the inciting and incendiary comment, was somehow missed by you. That's the question most want an answer to. Why did you not miss the reply he got undecided
TravelRe: Bayelsa The Pride Of The Nation (pictures) by atlwireles: 1:47pm On Jul 24, 2014
[b]
ujoinme: Bad belle peeps full this thread. chino good job showcasing bayelsa, while you haters criticize bayelsa and any other city in the Niger delta, know that all underdevelopment in the delta is a direct result of bad policies of the lopsided entity called Nigeria that has robbed the states in the Niger delta of its commonwealth via controlling its resources, to pay/benefit places like lagos, Abuja, and all the other shanties/towns who happened to have had a dictator/ junta leader incharge of sharing oil wealth from the delta to other parasites.
Did i hear some one compare bayelsa to Houston/Texas, go ask Houston/Texas if it controls its oil and gas resources or it relies on Washington DC to share the resources as in lopsided Nigeria.

Whether Lopsided Nigeria likes it or not the goose that bear the golden egg that feeds Nigeria will rise, No amount of BH or hate from all the ingrates that tries to bite the finger that feeds them shall stop it.

Bayelsa on the rise! Niger delta on the move! haters to the grave!.
[/b]
BusinessRe: Nigeria To Emerge Economic Force Powered By $1.4 Trillion Consumer Market, Says by atlwireles(op): 1:34am On Jul 24, 2014
We owe it, to ourselves to keep PDP in power till 2050. Down with the almajiris and their boko haram followers. APC must be stopped for sake of the unborn Nigerian. They must never be allowed to practise their demonic politics. angry angry angry angry angry
BusinessNigeria To Emerge Economic Force Powered By $1.4 Trillion Consumer Market, Says by atlwireles(op): 1:31am On Jul 24, 2014
Lagos, Nigeria - The value of Nigeria’s consumer market could reach US$1.4 trillion by 2030, from the current yearly figure of US$400 billion, according to a report by the Mckinsey Global Institute(MGI). The private BusinessDay newspaper Wednesday quoted the report as estimating that the value of Nigeria’s consumer market could reach US$1.4 trillion by 2030 with food and non-food consumer goods accounting for US$1 trillion of the total.


In the report, entitled, “Nigeria’s renewal: Delivering Inclusive Growth in Africa’s Largest Economy’’, MGI said one of the most important under-appreciated changes in Nigeria was the growing size and strength of its consuming class.

“While the middle income is 680 dollars per year and 43 per cent of the population lives below the poverty line, the number of households in the consuming class is growing rapidly,” the report said.

“In 2013, an estimated eight million households had income of more than 7,500 dollars per year, the threshold which MGI considers as 'emerging consumers’, with sufficient income to meet all basic necessities and have money to start buying more and better food as well as health and education services,” it added.

The report said the labour productivity in the country had grown by 3.6% per year since 2010 and had contributed to the greatest share of its Gross Domestic Product (GDP).

The report said the oil and gas sector had many opportunities to improve productivity, adding however, that the large share of the economy that existed outside oil and gas was where the productivity gap to other countries emerged.

It explained that the recent rebasing of the economy had demonstrated that the natural resources sector was a smaller share of the country’s economy, thus clearing the misconception by people outside Nigeria that the oil sector is the engine of growth in the Nigerian economy as it is with several Middle Eastern economies.

The report, however, said in spite the improvement in labour productivity, Nigeria was still far behind other major developing economies.

“At less than 9,500 dollars per worker per year, Nigerian output is 58 per cent less than the average of seven large developing economies.

“Nigeria also has a low ratio of employment to population of 31 per cent compared with 52 per cent in Brazil, 46 per cent in Indonesia and 48 per cent in Russia”, the report added.[b][/b]

It said productivity is also being held back by poor infrastructure, which increases the cost of doing business in the country.

PANA reports that MGI was established in 1990 to develop a deeper understanding of the evolving global economy.


http://www.afriquejet.com/en/west-africa/8144-value-of-consumer-market-to-hit-us-1-4t-by-2030.html

PoliticsRe: Buhari Was The 2nd Target Of The Bomb Blast In Kaduna by atlwireles: 1:24am On Jul 24, 2014
[s]
dragan: Errm I thought about 40 people were reported dead?! OK we know that you don't value Northerners lives and of course we don't really give a shlt about you people too but still its pretty darn obvious you just want Buhari and for whatever reason Dahiru Bauchi dead.

That's why there's so many of you animals especially Igbos posting angry rants all over this thread. And since you are mostly braindead and unbelievably stupid, you resorted to petty insults in the belief that you're actually making valid points. E.g That Berem lady that you and your kind always resort to calling names and whatever and of course the rest of your congregation follow up with all the Likes.

And of course since most of the Mods are also pathetic evidently by the crap all over the front page and the usual way i keep seeing them act, I'm not even gonna bother about how all the rule breaking is left unchecked.
[/s]
PoliticsRe: Who Stands To Gain Politically From Today's Failed Attack On Buhari? by atlwireles: 11:03pm On Jul 23, 2014
The first explosion targeted moderate Islamic cleric Dahiru Bauchi while the second one targeted senior opposition leader Muhammadu Buhari, a BBC reporter in the city says.

Both escaped unhurt. But 45 plus persons died


Tell me another story.
As they say in tennis advantage APC.
PoliticsRe: Al Last Sanusi Meet Jonathan by atlwireles: 10:53pm On Jul 23, 2014
So the emir came to pay homage?
PoliticsRe: Buhari Was The 2nd Target Of The Bomb Blast In Kaduna by atlwireles:
CFCfan: Spot on! I always wondered why BH would be slaughtering northern Muslims to spite a President. It's clear that BH, in its present form, is definitely not being sponsored by Northern politicians.
Then you don't know a lot about Nigerian politics. Is this not the same country, politicians plant bombs in their houses and their own cars just to point finger at the opponent. They even go as far to stage assassinations. Don't put anything pass a Nigerian politician seeking power. They are prepared to kill their own mother, if it brings them power.
PoliticsRe: The Truth About Amaechi Monorail Project With Pictures by atlwireles: 9:43pm On Jul 23, 2014
Patdedon: Yes, it is my field (construction) and yes I have seen many (ongoing construction in Abuja and several on TV and the internet.
My point is that it is outrageous to take the government of Rivers State 4yrs and 50billion to complete only about 3km of the project.

At this pace it might take 50yrs and maybe trillions to reach a substantial stage.

You can use the mumbai monorail as a good yardstick for comparison.
Construction began in 2009 and the first operational line, between Wadala Depot and Chembur, was opened to the public on 2 February 2014. Trains run from 7am to 3pm IST in the initial stage. It is expected to operate for 19 hours straight by the end of March 2014


Chembur–Wadala Depot–Jacob Circle 19.54KM INR27.16 billion (US$450 million)

Mulund–Goregaon–Borivali 30km INR41.7 billion (US$690 million
Virar–Chikhaldongri 4.60km INR6399 million (US$110 million)
PoliticsRe: Vacate The South, Asari-dokubo’s Group Ask Northerners by atlwireles: 6:42pm On Jul 23, 2014
ukeleh: I am not surprise you cannot learn because your brain is too shallow to assimilate.
Now go kill somebody for your allah. Allow Asari do his talking on behalf of his people. You are not one. Almajiris, like you must learn to be proud of hell you have created in the far north. Leave the Niger delta alone.
PoliticsRe: Vacate The South, Asari-dokubo’s Group Ask Northerners by atlwireles: 6:19pm On Jul 23, 2014
ukeleh: So you also have almajiri in Niger Delta. may be they are in your state, they are not in mine. Fish brain, am not suprise you live with fish in the river/creek.
Almajiri, please spare me your crap. When Asari speaks, he knows who the Niger Deltans are, not the ones on NL. I live close to the creeks/Riverine area and I'm proud of it. Fish, I eat as many as possible, their brain inclusive. Now, Mister, look to your war torn landfill we boko haram country and be proud of it. Asari, never told you he was speaking for boko haram and your islamic mass murdering brothers.
PoliticsRe: Buhari Was The 2nd Target Of The Bomb Blast In Kaduna by atlwireles: 6:11pm On Jul 23, 2014
The first explosion targeted moderate Islamic cleric Dahiru Bauchi while the second one targeted senior opposition leader Muhammadu Buhari, a BBC reporter in the city says.

Both escaped unhurt.


Tell me another story.
PoliticsBritish Firms Look To Discover Boom In Former Colony Nigeria by atlwireles(op): 5:59pm On Jul 23, 2014
British companies are looking to tap into the growth of Nigeria, its former colony, as the country which has an abundance of natural resources continues the rapid expansion that has seen it become Africa’s largest economy.

Seven of the world’s fastest-growing economies are on the African continent, thus making it an area of interest for foreign investors.

“There is huge capacity for growth in Africa and demand for services from UK companies who want to invest in Africa or are already there and want to expand,” Ian Powell, UK chairman and senior partner, PwC, said recently.

While British companies have been present in Nigeria for decades, there have been more recent gains made by companies from China, the USA, and South Africa.

Foreign direct investments in Nigeria reached $5.6 billion in 2013, according to the UN Conference on Trade and Development.

Nigeria is projected to be the leading economy in sub-Saharan Africa within the next decade, and expected to achieve 7 percent or more growth rate this year, according to the International Monetary Fund (IMF).

The UK should expand by 2.9 percent this year, the IMF said in an April update.

British companies are looking to take advantage of Nigeria’s rapidly expanding growth by ramping up investments and also building up closer links within the continent.

The Nigeria-British Chamber of Commerce says it expects bilateral trade between both nations to exceed its targets this year.

“By the end of 2012, the figure already stood at £7.2 billion and there is no doubt that the target of £8 billion would have been exceeded well before the end of this target year of 2014,” said Adeyemi Adefulu, president, Nigerian-British Chamber of Commerce.

“It is my considered opinion that with the right policies and incentives, the trade between our two countries could hit £20 billion within the next five years,” Adefulu said.

Nigeria has been attracting investor interest recently, as a result of positive indices of growth and demographics.

The National Bureau of Statistics (NBS) recently announced a rebasing of the country’s GDP figures which put the value for 2013 at $490 billion, as against $384 billion for South Africa for the same period.

The UK is among the largest investors in its one-time colony, with assets totalling more than £10 billion.

British companies already present in Nigeria include Shell in the oil and gas sector, British-American Tobacco, British Airways, Cadbury, GlaxoSmithKline, Guinness and Unilever.

The presence of first- or second-generation Nigerian employees who may want to relocate or take a secondment to the continent is also making it easier for UK companies to push their expansion plans.

Analysts say despite being perceived as a high-risk country at the moment, Nigeria, with its abundant human and natural resources, sound macroeconomic climate, vast domestic market and excellent trade links with the rest of West Africa, offers one of the highest rates of investment returns in the emerging markets.


http://businessdayonline.com/2014/07/british-firms-look-to-discover-boom-in-former-colony-nigeria
PoliticsRe: Vacate The South, Asari-dokubo’s Group Ask Northerners by atlwireles: 5:55pm On Jul 23, 2014
ukeleh: I am from Niger Delta, if Asari issues a statement on Niger Delta he is speaking for me without my support. i hope it will sink into your head.
Hell you are. You have nothing to sink, almajiris like you, should be proud of their landfill.
PoliticsRe: Vacate The South, Asari-dokubo’s Group Ask Northerners by atlwireles: 5:32pm On Jul 23, 2014
ukeleh: When did Asari become the spokes person of Niger Delta? He should remember Niger Delta is not occupied by only Ijaws but many states and tribes. He should speak for only Ijaws and stop fermenting trouble. Cann't he even look for solution to problem? Because he is benefiting from crisis, as such he cann't see the reason why there should be peace. He is creating problem in Nigeria may while his family is not in Nigeria.
Did he speak for you? When will you people start minding your own damn business.
PoliticsRe: The Truth About Amaechi Monorail Project With Pictures by atlwireles: 5:22pm On Jul 23, 2014
hazekctravels: Wat dey showed u was dis (1st pics)
And didn't show you dis (2nd pics)
That is just incredible, how far politicians go to misrepresent facts.. angry OP thanks for busting their lies again.
PoliticsRe: Only A Third Of Nigerians Are Poor- Says World Bank by atlwireles: 5:10pm On Jul 23, 2014
Yungmilio2: UK
Canada
America
Japan
many more
...
Enlighten me
hope you know
we talking about Nigeria
a developing Country
Yes, I know we are talking about Nigeria. I wanted you to tell us how many people in the developed world can do what you asked. Build or buy a 2 bedroom flat without credit.
PoliticsPaypal Signs "Ten Of Thousands" Customers In Nigerian Launch by atlwireles(op): 4:28pm On Jul 23, 2014
By Chijioke Ohuocha
LAGOS (Reuters) - PayPal has signed up "tens of thousand" of Nigerians in its first week of operating in Africa's biggest economy, with consumers already purchasing items from Britain, China and the United States via its online platform, a company official said.

E-commerce remains in its infancy in most of Africa but is growing exponentially with the advent of online retailers such as Jumia, partly owned by South African phone operator MTN, and a growing middle class with money to spend.

Citizens of Africa's most populous nation could not buy goods directly from foreign merchants before the launch by PayPal, the payments unit of online auctioneer eBay Inc.

"We have seen great uptake by Nigerians ... in terms of coverage," Malvina Goldfeld, PayPal's head of business development for sub-Saharan Africa, said in Lagos on Tuesday.

PayPal entered Nigeria and 10 other nations last month, providing online payment alternatives for consumers via mobile phones or PCs in markets often blighted by financial fraud. The new markets bring the number of countries PayPal serves to 203.

Goldfeld said that Paypal secured a few deals with electronics suppliers in China and Dubai ahead of its launch and that it had partnered with Nigerian lender First Bank, which has more than 10.5 million customers.

ELECTRONICS AND FASHION

PayPal launched its platform in South Africa four years ago, Kenya last year and now Nigeria, Goldfeld said, giving the company access to shoppers across 40 sub-saharan African countries.

Goldfeld said the biggest interest has been in products from the United States, Britain and China, adding: "People are buying everything ... (but) there's definitely a concentration in electronics and fashion."

Online retailer Jumia told Reuters in April it had 100,000 Nigerian customer accounts and sales were increasing by 15 percent a month

However, worries over internet security and online fraud have held back e-commerce growth in Nigeria, where 63 million people have active internet data subscriptions but only 1 percent of them make online transactions, First Bank said, noting that online purchases are expected to reach $1 billion this year.

Though challenges remain - including abysmal infrastructure, port delays, other supply chain woes and the task of persuading shoppers to trust websites with their bank details - Goldfeld says PayPal's reach will help to speed improvements.

"A lot of the merchants that we work with ... already ship to Nigeria. I think that the growth of e-commerce will push the logistics customers to up their game," she said



Read more: http://www.businessinsider.com/r-paypal-signs-ten-of-thousands-customers-in-nigerian-launch-2014-22#ixzz38OV2lxaC
PoliticsRe: Vacate The South, Asari-dokubo’s Group Ask Northerners by atlwireles: 4:06pm On Jul 23, 2014
Anyhow the far north wants it in this country, that's how they are going to get it. Nobody has time for rotten mango. When their bombs go off in the wrong town, they will quickly find out, they are not the only ones that love death.
BusinessRe: World Bank Cuts Nigeria's Poverty Rate To 33.1%, Says North Is Poorer by atlwireles: 4:03pm On Jul 23, 2014
huptin: Fortunately by the nature of my Job, i get to travel around the country a lot, i am also married to Delta ibo lady, i work in a place peopled with mostly south easterners, So i know exactly what i am saying.

Only city centres and i mean capital or commercial city centres are habitable, the rest are thickly rural. Even the so called capital cities are devoid of industries or job opportunities, they look mostly sleepy.

Ogun state alone has more industires than all south eastern states combined, its not for nothing that the outside world believes that Nigeria starts from Lagos and end in Ogun state.
Why do people like you lie, just for the funny of it? Why??
PoliticsRe: Only A Third Of Nigerians Are Poor- Says World Bank by atlwireles: 3:38pm On Jul 23, 2014
Yungmilio2: what is this one saying?
how many Nigerians can afford to build or buy a standard 2bedroom flathuh
out of 160million Nigerians.. let me say 100m are living in rented apartments.. starting from face me I face you, self con. and flat..
...
example in abuja
Majority of people staying in abuja either live along airport road (semi rural areas), nyanya, gwagwalada, kwali, zuba, madala, kubwa dutse (all outermost part of abuja)..where transportation is a major problem, if you cant afford to buy a car
only 20% or less live in the urban areas of abuja
....
definition of a minimum satisfactory standard of living:
the degree of material well-being available to a person or class which is necessary for sustaining and enjoying life
...Basic needs:
Food, Clothing, Shelter, security and essential services
for examples a Family of 4living in a one room apartment.
will you call them rich average or poor?
....
and they are giving us one us less statistics
you yourself they smile
...
the 3ministers mentioned
weytin dem done do f the betterment of this countryhuh
Go to other countries in your so called developed world and ask that same question? The answer will make you hold your peace.
PoliticsSokoto Earmarks N800m To Sponsor 420 Students To Islamic University Of Uganda - by atlwireles(op): 3:30pm On Jul 23, 2014
Sokoto – Sokoto state government on Wednesday said it had earmarked over N800 million for the sponsorship of 420 students abroad at both the under-graduate and post-graduate levels.
The Chairman of the State Universal Basic Education Board (SUBEB), Prof. Musa Maitafsir, said this in Sokoto when he spoke to 121 Masters’ Degrees students leaving for the Islamic University of Uganda.

He said that the money had been lodged in the account of the state scholarship board.
Maitafisr said that the money was for the payment of tuition and registration fees of the students and for their upkeep.
He said that over N350 million out of the amount was set aside for the training of 220 students in the Islamic University of Uganda.
According to him, “already, 99 students had finished their one-year post-graduate Diploma in Education in the same institution.
“The 121 students leaving Sokoto for Uganda today will join the 99 already there for various Masters’ Degrees courses in the same Institution,” Maitafsir, added.

The chairman further said that the balance of N 450 million will be spent on the sponsorship of additional 200 under-graduate students in various Universities in Sudan, India, Bangladesh and the United Arab Emirates (Dubai).
“Out of them, 160 are going to Sudan; 100 going to India, 40 will be going to Bangladesh and 60 to Dubai, UAE,” he said.
Maitafsir stated that the gesture was being pursued under the state government’s Teacher-Development Programme.
“The aim of the programme is to have good school administrators and teachers, and by extension, for Nigeria,’’ he said.
Maitafsir appealed to the students to be good Ambassadors of Sokoto state and Nigeria, generally.

He urged them to steer clear of all acts capable of tarnishing the image of the state and Nigeria.
Spokespersons of the students, Abubakar Magawata and Kabiru Surajo, commended the state government for the gesture.
They promised to be of good behaviour and face their studies squarely, saying, “We will not fail the people of the state and Nigerians.” (NAN)

www.vanguardngr.com/2014/07/sokoto-earmarks-n800m-sponsor-420-students-islamic-university-uganda/
PoliticsRe: The Truth About Amaechi Monorail Project With Pictures by atlwireles: 3:25pm On Jul 23, 2014
size38: The f**l is full of hate for the progress being recorded by Amaechi's govt in Rivers state. The picture he posted here is simply an old picture. I stay in ph and passes this place every week. The work is in serious progress. If u want the public to believe u, then post a picture with date and time.
Then prove the OP wrong undecided
BusinessRe: World Bank Cuts Nigeria's Poverty Rate To 33.1%, Says North Is Poorer by atlwireles: 2:47am On Jul 23, 2014
Nigeria’s economy outlook growing, says World Bank
Posted by: Nduka Chiejina, Abuja in Featured, News 1 min ago
Nigeria’s short term macroeconomic outlook improved in the first half of this year relative to 2013, according to the World Bank in its new Nigeria Economic Report (NER) launched yesterday in Abuja.
The report states: Revenues to the Federation have increased, foreign reserves have stabilised, the Excess Crude Account (ECA) has been augmented, and prospects for growth are stronger than last year.”
The stabilisation of foreign reserves the World Bank said, “reflects greater confidence among investors. Following a year of decline, foreign reserves stabilised in April-May, in the context of improved confidence of investors.
The precise causes of this stabilization the World Bank noted, will need to be assessed further when more data becomes available. “Yet the partial stabilisation of expectations of investors concerning oil prices, fiscal policy, and the commitment of the Central Bank to defending the exchange rate is clearly important,” said the World Bank.
Expectations about the performance of the oil sector, it said, have improved in general, bolstered by increases in oil revenues accruing to the government.

The World Bank, using the International Labour Organisation (ILO), definition, stated that “unemployment rate in Nigeria, according to a usual ILO definition, is likely lower than 10 per cent.

This, it said, “is the conclusion that comes from unofficial assessments, including that of the National Bureau of Statistics (NBS), and does not contradict the fact that the scarcity of jobs is the number one economic in Nigeria”.
As in many other developing countries, the report noted, “most Nigerians cannot afford to be completely unemployed”. “Those without good productive employment therefore typically engage in various low productivity and low paying tasks for survival.”
Unemployment, the report said, “may be better understood as an underemployment problem corresponding to a scarcity of high productivity jobs, and in many cases of highly qualified candidates to fill those jobs”. “These additional jobs and qualifications need to be created in Nigeria through accelerated private sector growth in the cities and improvements in the country’s education system.”


The re-based GDP estimates reveal a larger, more dynamic and complex economy than did previous statistics, said the report, stresses that macroeconomic risks remain due to uncertainty about future oil output, oil prices and short term capital flows.

The NER analyses new data from household surveys in 2010/2011 and 2012/2013 to reassess poverty and living standards in Nigeria and “concludes that poverty rates in Nigeria are likely significantly lower than previously believed, and progress toward poverty reduction may be stronger”.
According to the report, “poverty reduction in Nigeria appears to be primarily an urban phenomenon, with poverty rates in rural areas higher, and poverty reduction slower”.
While recent panel surveys indicate that the per capita national poverty rate based on the official poverty line may now be as low as 33.1 per cent, a large share of the Nigerian population the report said “is still not far above the poverty line, indicating vulnerability.”

“The combination of the new GDP and poverty estimates is valuable in giving us what we believe to be a clearer picture of development and poverty reduction in Nigeria,” said John Litwack, Lead Economist and Acting Country Manager of the World Bank.
The NER also highlights continuing differences between Nigeria’s regions in poverty reduction. The South and North Central regions show progress in poverty reduction between 2010 and 2013. The North West witnessed little change, and the Northeast experienced an increase in the poverty rate along with a general decline in living standards.


“Improvements in public services, key infrastructure to better connect markets, and measures to increase productivity in agriculture could help put Northern regions on a strong path toward poverty reduction,” said Mr Litwack, lead author of the report, whilst also noting the critical role of security.

In 2013, federation revenues mirrored federal budgetary revenues which also fell short of expectations in 2013, despite coverage by the ECA of a good part of the shortfalls.
The World Bank report noted that “some expenditure items were not fully funded. In particular, the capital budget was significantly underfunded while recurrent expenditures and statutory transfers were almost fully funded. Actual capital spending in 2013 was 60 per cent of planned. The federal budget deficit for 2013 of 738.9 billion Naira was 17 per cent lower than projected and amounted to one percent of (re-based) GDP.”


http://thenationonlineng.net/new/nigerias-economy-outlook-growing-says-world-bank

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