₦airaland Forum

Koolking:
Savour the fact based on IMF, World Bank and UN. Even with the rate of inflation and currency situation in the country.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

that's what I have been trying to tell u GDP is different from GDP per capita. read up on both terms to enlighten urself.

Koolking:
SMH...GDP determines a country's economic prowess.

When you compare the meagre population density of UAE to Nigeria, and if Nigeria was to optimally allocate and utilize her resources, we won't arguing over this.

Cheers bro

the economic term is GDP per capita not just GDP. visit this link which lists the worlds richest countries. FYI UAE is 9th. http://uk.businessinsider.com/the-richest-countries-in-the-world-2017-3?IR=T

Koolking:
SMH...GDP determines a country's economic prowess.

When you compare the meagre population density of UAE to Nigeria, and if Nigeria was to optimally allocate and utilize her resources, we won't arguing over this.

Cheers bro

the economic term is (GDP) per capita, u can read up on it. to further enlighten u here a link of some of the richest countries. FYI uae is 9th. http://uk.businessinsider.com/the-richest-countries-in-the-world-2017-3?IR=T

Koolking:
Dubai is an emirate in the UAE.
UAE as a whole is not richer than Nigeria. But the level of development in UAE makes Nigeria a laughing entity. We squander and mismanage available resources.

UAE produces 2.9 million per day. Nigeria has production capacity of 2.5m. The comparison will be hugely flawed because the 2 entities can not be matched. Even with 2.5m per day capacity by Nigeria, a lot of endemic factors work against its optimum utilisation of these productions.

uae is not richer than Nigeria? are u kidding? do u even know the meaning of being rich. to put things in perspective for u what is the population of uae? about 9 million as against close to 200 million for Nigeria. so can u now calculate their per capita oil production? wealth is not just the amount of money u have, it is an interplay between the amount of money u have and the expenditure u are expected to have this is basic economics.

SHAKABOOM:
Yorubas are very greedy.You guys enjoy federal presence in ur region eg lagos,more than any other region and you are here yarning dust.
The north you guys accuse of hate favoured you guys more than any region,,now una wan bite the breast wey breast feed una..

the only region that can lay claim to being the breast that feeds the entire nation is the SS. the north is a liability and cannot even feed itself much less any other region.

neoOduduwa:
Your inferiority complex get grade

why not counter him by pointing out a majority black nation that is doing well, even in the US any area dominated by blacks often becomes a ghetto even though it wasn't so before black population increased. there is something seriously wrong with the way Blacks think.

neoOduduwa:
Your inferiority complex get grade

see below.

josielewa:
Recently we produce 2.7mbpd.
Multiply it by average of $48 per barrel now that oil price is on the low.
During Diezani's reign,oil was booming where we sold average of $110 per barrel.
Now we make on the average of $120m dollars everyday.
Then we were making on the average of $275m.
All are based on averages and my calculations.
Do the math yourselves and you will be marvelled on how much we make every year.
No need to ask how much we make cos we make a hell lot of money for the thieves to even steal more than $90b.

and she was so smart that only her was cornering all the money? which money were the states and LGAs now sharing? which money was used for projects, payment of salaries etc. and now to the more salient point which country in the world will u keep that kind of liquid cash without raising a red flag.

Koolking:
How do you know Nigeria is not worth Trillion Dollars? How much is Dubai worth? Is Dubai richer than Nigeria? I guess, you are simply living in denial or ignorant of the system.

As of 2015, Nigeria was the world's 20th largest economy worth over $1 trillion. This is on public record. Offshore clandestine transactions and deposits are not accounted here.

Like I said earlier, you can only account for what you have on record.

Do you know how much has been stashed outside the country (not in Naira but Dollars and Pounds)?

Is $90 Billion even money compared to the desperate and lavished tendencies of our so called people in the corridors of power?

They lavish these monies outside the shores of Nigeria on things not needed. Fleet of Private Jets, Estates to their concubines, cars , private securities, etc. Sheer wickedness unbridled, yet Nigerians are denying Diezani can't squander $90 billions considering one of the most privileged positions she occupied in Nigeria.

so we are supposed to take ur word which is not based on any record over facts on record. as for Dubai vs Nigeria economy, Dubai is not a country it is a city in UAE. do u know know how many barrels of crude uae produces in a day?

ADAMUdaCOWBOY:
While you insulted corrupt pastors that use the name of God to rob their sheeple, we supported you and call you the voice of the masses and now here you are trying to tactically shield this thief by encouraging us to what? Wait till the courts convict her! Daddy Freeze, sorry to say but shame on you. You fall my hand no be small. Do Nigerian courts ever convict people like diezani? If you are looking for people to defend, there are millions of poor defenceless Nigerians crying for that favour not kleptomaniacs like deziani. Even if it's 140 million dollars that she stole (like US said) is it right? Haba!!

he did not say she did not still, but why blow it out of proportion? how could only her have stolen 90 billion dollars when the entire foreign reserve of the country as at then was not even up to that amount. are u saying she stole all the money for our budget throughout the entire time she was in office. people should use their heads.
this administration employs 2 much sensationalism and propaganda

crackerspub:
Yes you are right, I have worked for Amazon, I know Amazon well.


Amazon for long was not making profits, you can't compare Apple with Amazon.


Ask yourself Apple, the most valuable tech company in the world. Why is it that Tim Cooks is not one of the top 10 richest. Appl has top billionaires dumping huge money as investment. Liquid cash into the company. Do you know for years Amazon was not making any profits. Besides Apple's Iphone is designed in California and manufactured in China, the cost of Iphone is so cheap and they sell it at high price making lots of gain.

Amazon don't have the amount of funds like Apple or Microsoft.

yea I know that apple is richer than Amazon I was trying to say that all companies have cash reserves, Amazon is no exception. as for the part about not making profits u really do not understand the amazon business model. yes it is true they are not making "profit" as any traditional business but their aim is to dominate the online market space and maintain a high value foe their stock. that is why even when they announce quarterly losses their stock values hardly go down like u would expect. in Nigeria we are particular about cash because we operate a cash economy, money can be in different forms, stocks, gold etc in many advance economies you can meet all ur financial needs without necessarily handling cash.

crackerspub:
90 billion lol, it means the percentage share of the value of his company in dollar value.


Dude Nigerian own money which is 30 billion is liquid cash, know the difference.

yeah I know that most of hia net worth is in stocks and various securities but if you are into investments u should know that securities are as good as liquid cash. furthermore most of those companies as have huge cash reserves, for example apple is said to have over 200 billion dollars in cash reserve, check link below: http://www.telegraph.co.uk/technology/2017/05/01/apples-cash-reserves-swell-250bn/

Jokkarm2:
THIS 90 BILLION DOLLERS NA WETIN THEM SAY ONE PERSON THIEF FOR NAIJA HERE NAAA, MAKE THEM NEVER SAY NA HIM BE THE RICHEST OOO BECAUSE IF MY PEOPLE FOR NAIJA OPEN UP YOU GO NO SAY THIS MAN DEE LEARN

90 billion dollars bro not 90 billion naira, the difference between them is as clear as daylight. the Nigerian foreign reserve is not even up to 90 billion dollars

thegirlyoulike:
Thank God. I was really praying for this guy not to go scotfree

why will he go Scot free? u think say na naija?

SmartchoiceNGR:
This is terrible. The only reason why I have not gotten a driver yet.
Most of them are mentally unstable. Wicked and extremely covetous.

There are jobs in Nigeria but dearth of fit and proper persons to be employed.

bro if u value ur life and family be very careful when hiring a driver, if possible make do without them, be careful.

ITbomb:
Looks like inflated materials, not much of weight to constitute danger

Many buses carry mattress and foam many times their size, how do they go scotfree

it is not only weight that constitute danger, what about visibility?

HERSLEY:
smh... An average 9ja guy na 2mins maximum

babe u need to change ur boyfriend. try someone else.

ChangetheChange:


Fuckkkk off here

We know u are part of Obaseki ass lickers, we are watching u from high places n Benin City, dem go soon use una count scores.

PDP mole

SnowJay92:
Yeah, I hope they do. Part of what kills businesses in this clime is lack of creativity, abhoring people who can offer it, and lack of a process, I hope he does what's right. I think I understand you now,

I join u in wishing him well too and I hope he able to build a distinct brand for his company that can be easily distinguished e.g. you can easily distinguish a Mercedes or a BMW or Nissan from a crowd. I hope he will be able to build an enduring auto company that will leave a lasting legacy.

IllegalMoney:


We warned u people about the ugly looking monkey Obaseki before the election, he is just a stooge in the hands of another ugly looking monkey Oshiomole


If u talk anyhow about Obaseki and Oshiomole anywhere in Benin City today, it's either Kabaka boys or Shabba boys beat you up, matchete u or shoot u or policemen come to arrest u and lock u up for 4 months

Go and ask those who were just released (Comrade Kola Edokpayi, Curtis Eghosa Ugbo and others) from Oko prison this week after over 3 to 4 months in police detention because they spoke against Obaseki Government.


https://www.youtube.com/watch?v=QVmG0LCjRtI


https://www.youtube.com/watch?v=PILpI8FxiTI



https://www.google.com.ng/url?sa=t&source=web&rct=j&url=http://www.itvradionigeria.com/human-rights-activist-marxist-kola-edokpayi-remanded-custody/&ved=0ahUKEwjj84iol5jVAhVOJVAKHfjgDSIQFghNMAw&usg=AFQjCNFoF7aD745bO8FvAsXwDqpDeeXV7w

stop spreading lies, those fellows were arrested because they led a protest to npdc and threatened that the militant wing of their organisation will swing into actions if the oil company does not meet their demands.
N.B. ITV is a known PDP media house.

Leonbonapart:
Yeye man... No be him boys go beat woman faint for the other post
Eze-Iyamu would have been better

who is eze?

SnowJay92:
Do you know that usually Chinese products for say US or Asian markets are usually of a different quality from the ones for African markets more especially Nigeria? In addition to the Chinese knowing our technical incapacity, our people have a habit of conniving with the companies over there to water down the quality of the products they ship down here, in other words, they send us shit. See you have a better quality control if you source for parts and assemble machineries here in Nigeria than buying most turnkey that come in from China, unless you can actually go over there and make sure it's the quality you want that is being produced.

that may be true for other industries but for the auto industry most of the reputable suppliers of parts are not from China, review the list if suppliers for most of the major auto companies most are not from China. as a matter of fact many of the Chinese auto manufacturers are unable to pass the stringent US and EU auto safety regulations. I hope he is able to move to the level of independently designing their own cars soon because that will give them freedom to source parts from more reputable suppliers.

kingtblackhoc:
hello? Have u heard of Google Adsense? What about paid reviews? are you in this century with us? Are u a human being? In fact, prove to me u r not a common online bot; 0+8=?

oga abeg shut ur trap if u are ignorant don't display that ignorance in a public forum. you can't make much from adsence if you don't have appreciable traffic to ur blog. most of the so called blogs receive very little or no traffic at all. in fact post the link to ur dead blog here and I will tell u his many visits u have received in the past 30 days. ODE.

Emekus999:
i have one now,got it last yr february an SUV..it has nt giving me much concern anyway cux i ve a C class mer.also.

tell us more about the vehicle: does it have traction control? anti lock brakes airbags etc.

ExInferis:
Have never seen a more bland, generic, designed-by-committee vehicle than this prefabricated crap.

I tel u bro., it is a brand that has no identity. when u see a BMW or Mercedes Benz coming afar off u can easily identify them same with other car brands, but u can hardly distinguish their vehicles as a brand with a distinct look. I guess it is because they don't design their own cars.

SnowJay92:
Sensible comments are now coming in, unfortunately useless, bigoted and unrelated comments have filled up the first page, I have advocated before, oga seun, lalasticlala and other mods, can't you include a way of deleting off irrelevant comments from important topics as this, especially on the front page?

Innoson has continued to grow from strength to strength as a brand, Anambra state uses hundreds of the brand for different official purposes, school buses, student union buses, church associations, official vehicles for VIPs and for MDAs, I know of NBA, NMA, NAUTH, infact too numerous to mention, the pickup is use by the local security outfits of every community in the state, there are even heavy duty refuse disposal trucks, many transport companies also use them for long hauls, even to other African countries....trust me they outperform and outlast their chinese counterparts, even under very rough usage conditions, and there has been several improvements over the years!

how can they outperform their Chinese counterparts when they simply assemble parts they get from China. last I checked their suppliers are from China.

kingtblackhoc:
Nah...dis is a f***king rip-off..250k?...common bloggers make a lot more

how many bloggers do you know that make more than 250k a month, most of u will just come online and start making unrealistic claims.

JeffreyJamez:
Hian, These are "Basic" Skills na lol

I tire for those wet they shout, most of the skills just involves various js frameworks and web markup language.

Drguzzykola:
yes ure right but atleast tell him kudos for the ones he has done and dont deny he is trying his best.

u see them shouting no light no light as if the whole country is in total darkness

meanwhile some have there cables brought down coz they still owe nepa bill but still come online and chant minister of darkness

I have not seen light for the past 4 days now. it becomes difficult to commend him especially when people will still be charged for the darkness.

Drguzzykola:
dont mind some funny #land guys ..

check well most of them are in one remote village

let's assume u are right and they live in villages, whose responsibility is it to ensure power supply to villages? last I checked he was minister of power for the entire country not only those who live in "cities".

SBG04:
No. It's because Jonathan's incompetence almost destroyed Nigeria. Jonathan refused to removed petrol subsidy because his PDP friends were the major beneficiaries and because he didn't want to be unpopular before the elections such that he even left us with long queues. He refused to approve the increase in electricity tarrifs because he also didn't want to be unpopular before elections. He let his Petroleume minister plunder the country like tomorrow wouldn't come. He allowed and encouraged his National security Adviser to divert money meant to fight terrorists to his PDP loyalists.
Oga don't get it twisted, Jonathan did not mean you or anyone in this country well. If you believe otherwise then something must be wrong with you.

Jonathan refused to remove fuel subsidy? have u forgotten how ur APC Lords sponsored labour and other unscrupulous elements to shut down the country when he attempted to do so?

SBG04:
Oga please stop acting like those foolish senators in the Senate that condemned Fashola for inserting N20billion in the budget for contingencies and then turned around to commend the same person for swiftly moving to repair the damaged bridges that collapsed in Jebba. Where did Fashola get the money from? Was that bridge not an unforseen contingency?
There was no logical, economic, business or sensible reason for reducing tariffs. That stupid Former chair of the NERC just admitted to the rest of Nigeria that he sabotaged the entire country by depriving the power sector of badly needed funds. Instead of condemning the irresponsible man, you're here justifying his stupidity and even praising him for being very "explanatory"
Honestly with the way some Nigerians think you'll just feel like giving up. I wonder how people like Fashola wake up everyday to go to work knowing that all their efforts, worķing for some stupid and foolish Nigerians like the ones here on Nairaland, are all but in vain.

I will not hold brief for the former nerc chair whether his decisions were bad or good, but since fashola took over the power sector what significant changes has he brought to the power sector? this same tariff that he is about to increase now has been increased before, was there any improvement? so what guarantee do u have that this increment will lead to improved power supply. and for ur information stupidity is when u expect me to dole out money for services I don't receive: NO I WILL NOT.

FYI fashola is not working for Nigerians, he is simply working for the interests of his party and the president that appointed him. there is nothing he has done that shows he works for Nigerians.