₦airaland Forum

Shma:
If you want a glimpse of some of the failing companies, here they are:

OLX (classified forum), Efritinzs, Fero, Wiko, Wechat, Tambo Mobile, Easy Taxi, among several others.

This guy is a clown.

If you are not learning tech, there is something wrong with you.

.

https://technation.io/visa/
That is the UK tech visa scheme for all kinds of tech
Software engineering, digital marketing, product design, e.t.c.

And there are different levels of experience needed.

You don't even need to be an expert of many years.

https://technation.io/visa/
That is the UK tech visa scheme for all kinds of tech
Software engineering, digital marketing, product design, e.t.c.

.

And that is why no western country wants to sell lethal weapon to them.

Shma:
What will trigger that? Let's try to be realistic; Oil has lost value, your companies are collapsing, your productivity rate is dwindling..
unless you're talking of 1000yrs to come.

Our companies are collapsing?

In which reality?

Companies that are scaling up?

Clown.

rvp2018:
Yes smuggling has gone down - at least Benin as dropped from being world biggest importer of rice - you can imagine tiny country of 10M people importing so much rice.
http://www.thairiceexporters.or.th/export%20by%20country%202021.html

Now explain to me how much rice do you eat? It seems to be a lot - assuming there is any serious local production.

Something is off in your rice consumption per capita.

200 million people eat rice.
It's consumed everywhere, in every occasion.

It's not easy to satisfy the Nigerian market for rice.
Even when there was high imports, there was still local production.
The market is huge.

When we go to the market to buy, the sellers usually ask if we want local rice or foreign rice.

But now the govt is confident in the local producers and so we have blocked the borders.

Buhari is determined to ensure that we either grow all the rice we eat or we don't eat rice at all

rvp2018:
Your rice stats like everything remain cooked until you stop smuggling tonnes of rice from Thailand, India, Veitnam and such via Cameroon and Benin.

Nigeria has blocked the borders to ensure local producers of rice get a fair deal in the local market.

Even till now, our borders are still locked to check smuggling.

Smuggling is not a govt sanctioned activity.

But then the local production it seems cannot even satisfy the local market.

Rice is a staple food eaten by 200 million people.

That is humongous.

rvp2018:
200M is not a lot of people. China and India each at 1.5B people - are just slighly above you in agri-sector. Food generally is cheap - that is why even though USA is agri giant - it's 2 percent of the sector. It has little value.

Just type top 10 countries in agricluture in the world.

Nigeria will show up.

WHy cannot you not be proud of this? Why do you want to copy Kenya

Because you and everyone knows that your statistics ARE BURE BS.

Well, China and India have GDPs in Trillions of dollars.

They have much higher resources than Nigeria and even then they import loads of food.

So relatively, it's the same kind of problem.

We can do much better of course.

But sorry, Kenya will never understand what it means to be a highly populated country.

It's a much different reality from the fantasy dreamlands of tiny sparse countries of East Africa living a kumbaya existence and with no real potential.

https://www.premiumtimesng.com/news/more-news/500267-imota-rice-mill-to-start-production-2022-sanwo-olu.html

The largest rice mill in Africa.

rvp2018:
That is what Nigeria is telling everyone. Bigger than Brazil. Bigger than US. Almost equal to all the 28 EU nations plus Britain. All the food is eaten within Nigeria. Nobody has ever seen any ship exporting food. They also are world biggest importers of food.

You can imagine their appetite for all things food

Clown.

Due to recent policies, Nigeria is now the largest producer of rice in Africa.

Lagos State government is set to commission the largest rice Mill in the entire africa early this year.

Our population is beyond what a Kenya can imagine.
The people will need food.

Even our humongous production cannot satisfy such a market.

rvp2018:
What do you mean. According to your Nigerian Statistics your agricluture is top 5 in the world. It beats Brazil, Indonesia, Thailand, Netherlands, Russia name them- and is just below US, India, China

You already boast of 100B dollar agriclutural sector

Cooking statistics requires some brains.

You must be living in a fantasy of your own making.

Silly Kenyan with a GDP less than Lagos.

You think you can beat Lagos by selling tea and flowers.?

Lol.

rvp2018:
IMF and WB DO NOT - I repeat DO NOT - estimate the GDP of a country. It's country statistics office who do that job. IMF or WB can offer technical assistances or disclaimers but it's general country politician to count and inflate the figures - if they want to.

I never said the world bank estimate the GDP of any country.

Our GDP was estimated after a very long while by the world renowned economist, Ngozi okonjo iweala when she was our minister of finance.

She is currently the DG of the world trade organisation.

The WB does not estimate GDP, but they have an idea.

GDP does not fly from thin air. You have to list the sectors providing the GDP and then show proof.

If it was exaggerated, the international community will disagree with it.

For example, Kenya cannot wake up and say they have a GDP of $10trillion.
Lol

The entire world would laugh.

Our GDP is a conservative estimate.
A lot of new and informal sectors are not even considered in it.

Kazikazi:
Yah I see.
Common man on a street won't understand u since what they really want to see is your level of developments to match with what is written on paper. I think that's the reason why SA and Egypt get more respect in Africa than anyone else

More and more of the common man on the streets are feeling the impact.
It will not be completed overnight.

Our population is three times the size of South Africa.

It's the common man that gets the jobs that dangote creates.

Who cares who some idiots respect in Africa?

When push comes to shove, they all look to Nigeria anyway.

Tony elumelu a Nigerian is the one giving them free $5000 as grants for their businesses every year.

It's not a South African or an Egyptian.

Personally, I would have preferred Tony elumelu to focus his foundation on Nigerians alone.

We need to fight poverty with everything we have got.

But then, he is a pan-african business man.

You can't blame him.

https://www.youtube.com/watch?v=lE2Tt-TfhJI

Tony elumelu foundation giving $5000 to 1000 African entrepreneurs selected all across the entire 54 African countries, including kenya every year.

It's the biggest and most comprehensive entrepreneurship scheme on the African continent.

The 2022 session is set to open soon.

https://www.tonyelumelufoundation.org/

Tony elumelu owns the United Bank for Africa and Heirs holdings, both headquartered in Nigeria.

Big brother with a big GDP.

Shma:
Aaah. Of course your GDP is inflated.

Don't worry, wait till it get to $1trillion.

You will cry tears then.

Does the call of God pass from father to son?

Did Moses children become a prophet too?

His wife would be very happy.

Kazikazi:
That's how you get respected. A GDP alone won't command respect.
But a day when naija reaches the level of developments which SA has,no one will be here arguing with you folks

It would take time for us to match their overall development and HDI.
They were developed long time ago by the Dutch.

China and India are still fighting poverty.

It will take time.

I am also happy for the future of Africa.

One thing Nigerian companies does is to always scale up beyond our borders.

We never keep anything in Nigeria alone.

Look at Andela for example.
It employs software Engineers from West to East to North and South of the entire Africa.

After establishing in Nigeria, Kenya was the next place they opened up shop.

Progress in Nigeria will spread to the rest of Africa.

That is what a big brother does.

Listen to the founder of Andela and Flutterwave talking about the Nigerian tech outlook for the year 2022.

He spoke about the "Nigerian start-up Bill" which is the most comprehensive tech law in Africa set to be passed this year by the national assembly.


https://www.youtube.com/watch?v=c4s4xgWs5Wk

By now, we should have already started approaching a Trillion dollar GDP.

We need to optimize the economy.

With the tech revolutions of last year, set to continue this year, we should have some serious additions to GDP.

Flutterwave and Opay got Unicorn status last year.
Some serious progress is going to happen this year in tech.

Our fertilizer plant will serve the whole of Africa, with American and Brazil as export destinations.

But No, inflated GDP

GeneralDae:
Dangote fertiliser plant is already in operation I believe. He's already started exporting since July if I'm not mistaken.

Yes, he has stated operation.
Sorry.

Nigeria currently produce the largest
volume of cementt in the whole of Africa.

Inflated GDP.

Shma:
You're the clown here, basic economy should have taught you about demography.
Population growth increases density and, together with rural-urban migration, creates higher urban agglomeration. Urban areas are key places that fuels economic growth - companies, retail spaces, rapid transport system are all part of this, so don't bring ignorance.

You have 5 times our population, it's a no-brainer that your economy should play 5times ours. But then again, nothing to reflect facts on the ground.

You claim that our population fuels our GDP and at the same time you deny that there is a GDP.

You are high on weed.

Stick to an argument.

The biggest indurialists in Africa are Nigerians.

But No, our GDP is inflated.

Kazikazi:
Egypt is doing well currently. And what I like most is how they are very honest with their figures.They have a GDP growth which relates with what is in ground unlike some folks who doctored a big GDP while on ground u see a shithole.Others can have a big GDP but still starving.

But Angola won't be above Ethiopia. 20% currency appreciation won't be enough to overtake Ethiopians. And I doubt if the oil prices will be stable in a near future

Clown.
Nigeria does not own the world Bank or IMF.
If it was a lie, they would have said so long ago.

Infact Many of Nigeria's production are not even formal.
It's in the informal sector which cannot be estimated and added to current GDP.

Nigerian GDP is even too poor for the potential it has.

Wait till Nigeria gets a decent govt.

To be fair, I like the way Kenya has been able to master agriculture and diversify its agricultural exports.

It's an agricultural powerhouse and have utilized their agricultural lands far more productively than Nigeria.

Nigeria has a lot to learn from Kenya in that area.

With the dangote petrochemical and fertilizer plants set to open this year.

Nigeria would be the largest manufacturing of fertilizers in Africa, exporting to Africa, America and Brazil.

That is what manufacturing looks like.