₦airaland Forum

being rich is not a function of the size of your GDP. Why do you think Norway is often adjudged the richest country in the world? Is it because they have the biggest GDP? NO! It is simply because Norwegians have one of the highest standard of living. Life expectancy, access to quality education, health care, good roads, health care, food, water, electricity etc etc. jobs etc etc. Ultimately, it is not about GDP.

CSTR2:
Lagos is richer than Rwanda. That is a fact.
Is Rwanda a top five African economy?
No they are not. Lagos alone is top 5 in GDP.
How many notable companies do you know that have their headquarters in Rwanda?
None.

Yes, they have a better standard of living due to a much better standard of governance.

They have done much with little, while lagos have done very little with much.

Nigeria can have Cardi b, if they want. Is Ghana dragging Cardi b with Nigerians? I don’t even know what nigerians see in that woman. Ghanaians have better things to do.

mantosa:
Cardi B landed in Nigeria on the 6th of December for the Livespot Concert and from the moment of her touchdown at the Ikeja Airport, the entire fabrics of the nation felt her presence. She did bring a good vibe with her, no doubt, and she seemingly made herself comfortable without anyone having to tell her that. The 27 year old rapper felt the contagious existentiality of Nigeria which Lagos represents and from her radio interviews to her show and her visits to clubs, it was all one affectionate movement for Cardi who preferred to be called Chioma B as she relished original Nigeria delicacies.

Lessons & Wins for Nigeria

One big lesson one can learn from Cardi B’s visit to Nigeria is that despite our socio-political challenges and dystopia, Nigeria is still a lovable place with a high potential of being the world’s most sought after tourism destination. One may argue, and rightly so, that Cardi B is not a Nigerian and does not understand our real challenges here, but the major win in her coming is that she seems to have put Nigeria back on the world map with a reasonable uplifting of the nation’s image on the global respect ladder. She practically became Nigeria’s brand ambassador, from her hairdo, to her wears, to her choice of food and drinks and songs she sang and danced to. Yes, she was paid to come and perform but I think she added excess jara with the PR job she did. Aside her over 55 million followers seeing Nigerian hospitality through her Instagram account, the American media followed her down here and saw same with her and coupled with the groundbreaking achievements of Nigerian musicians in the international scene recently, the nation’s image could be said to have achieved a major facelift and patchwork.

What Could We Have Done Better

It is my conviction that a nation like ours should not leave anything to chance when the opportunity for image making and international diplomacy arises, hence, I feel the federal government of Nigeria, through the ministry of information and culture in collaboration with the office of Nigeria’s ambassador to the United States should have used the opportunity of Cardi B’s visit to honour the American rapper with a Nigerian citizenship. This would her boosted the nation’s diplomatic scorecard because whether the world likes it or not, Cardi B is now a Nigerian citizen by conferment and she too would have been proud of it. A lot of nation’s do this all the time to attract international attention and, in turn, leverage on the attention to win some advantages and respite for her citizens in the honourees nation and strengthen the diplomatic ties therein while opening more diplomatic doors with that nation’s allies.

Ghana did it in the late 60s and early 70s/80s when she opened her doors for some reputable African American writers and artists like W.E.B Du Bois, Maya Angelou etc. the country granted them diplomatic citizenship and that was a major masterstroke for the nation as it boosted her image internationally, a credit the country enjoys till date because the honourees took it upon themselves to project Ghana to the world.

And … Some Yarn

The friendly feud between Nigerian Jollof and Ghana Jollof may have come to a decisive end as an unbiased umpire from America may have passed her judgment to Nigeria’s favour. Chioma B says the Ghanaian Jollof caused her dysentery to the pitiable extent that she nearly pooed on herself when she went there for her show after her Nigerian visit.

Dear Ghanaians, please let’s no go down this road again. Naija sabi cook abeg.

Source: http://tushmagazine.com.ng/cardi-b-chioma-b-her-nigerian-visit-and-some-yarn/

cc
lalasticlala, mynd44, dominique

Chai. Who told you Rwanda is not richer than Lagos? Why are you assuming Rwanda can’t be richer than Lagos. If I can compare the standard of life in Rwanda, and that of Lagos, Rwanda is richer than Lagos, in my opinion. Or how do you define being rich or poor?

CSTR2:
The world is not fair.
And every great civilisation was built by plunder.

Even tiny Rwanda that is not as rich as Lagos under kagame is plundering the very blessed Congo.

Why not Nigeria? At least we have earned it given the billions and lives we have spent bringing stability to this region.

Imagine Ghana. What is the meaning of that crap? Is it Ghana’s fault that Nigeria is a sh1thole?

JosephAdeoba:
If we have any complaints we should blame our system as an African country a member of African Union we still need visa to visit our member countries like south africa and so on, our system create this problem Nigeria and we Nigerians living in both Nigeria and abroad, I have some Kenyans, Ethiopians, Ugandan friend who don't want to associate themselves with Nigerians because of the crime Nigerians commit on a daily basis abroad. An Uganda lady asked me why are Nigerians so brave like this? A country where our government don't obey the rule of law and you think we have right abroad when a foreigner see Nigerians they see crime and fraud, I remember an European lady I once meet in a train she asked me if I know Nigerian prince that she has a lot of emails from them talking about there forefathers inheritance, she said she hope I am not a Prince from Nigeria Just imagine and truly I am a genuine prince from Nigeria. if we change our ways as a Nigerian and we have a good government so many countries will open there border to us, imagine Ghana passport can visit Hong kong, Bahamas and so many good countries without Visa ask me why? No kidnapping, No terrorism, No fraud, No drugs. ( don't worry everyone will make it to DE Just be patience) God bless Nigeria.

Yes. Ghana has paid in full. Ghana always pays. Next question?

[quote author=wwwihy post=84908801]Has Ghana paid for the gas supply?[/quote]

Why? You be thief? Why do you want to plunder someone’s resources?

CSTR2:
If Nigeria was a serious country, the resources we can get from all these west African countries by hook or crook is enough to fund our budget alone.

France is already doing it to them.
Even tiny Rwanda is doing it to Congo. Plundering their resources.

Let me tell you a few things about the current Ghanaian reality. I am disappointed you are using currency as the only yardstick for measuring the health of an economy.

Currently, inflation in Ghana is around 7%, the economy is growing rapaciously at 8.8%. The current government has made education free for both primary and secondary school students. students are also fed free and provided free uniforms by the government. Ghanaians enjoy electricity 24/7. Infrastructure is being improved upon. Unemployment is at 23% and falling all the time, life expectancy is 65 years. Ghana’s health and education budget for 2019 are bigger than that of Nigeria, even with its 200 million population. Ghana currently attracts more FDI than nigeria.

Let me tell you a few things about Nigeria. Currently, as we speak, some 16 million nigerian children don’t attend school. These are the future robbers, boko haram, pr0stitutes, kidnappers etc etc electricity is still a massive problem in your country despite Nigeria producing 2.5 million barrels of crude daily and billions scf of gas daily. Poverty is another big wahala in Nigeria.


What is life expectancy in Nigeria? inflation level? Corruption level? Unemployment nko? What about access to health care and personal security?

The United Nations Development Programme has what it calls Human Development Index. If you want to know how the two countries compare against each other, go and find out the difference is 7UP

Area4Area:
2007,
Cedi to the US dollar was 0.92,
Naira was 120 to the US dollar.

Today, cedis is 5.8 and naira 360 to a US dollar.

Which currency depreciated more?

January 2018, it was 4.52 and January this year it was 4.8 and now 5.8 cedis to a dollar, worthless currency.

You need Ghana more than you think. You are exporting your goods to Ghana and making money to feed your population now? So what the fvck is we don’t need Ghana? You don’t need Ghana but you export goods to their country? What kind of nonsense is that?

obama30:
WE DON'T NEED Ghana, let them go

Nigerians, at least some Nigerians, are just crap.

Few months/weeks ago, nairaland was literally set alight simply because some trucks bringing Ghanaians goods into Nigeria had been stopped at the nigerian border because of the border closure. Suddenly, you Nigerians started attacking Ghanaians. They said simply because Ghanaians wanted to export merchandise into Nigeria meant Nigerians were the ones feeding Ghanaians.

One fool repeatedly called neighboring countries, particularly Ghana, as leeches. Yes, leeches. What was their crime? Their crime was simply that they were exporting items into Nigeria. For those miscreants, the importing country is the one feeding the exporting country. which meant their economies depended on Nigerians and that Nigeria was the one feeding those countries.

Today, wind don blow. Fowl nyash don open. Now that it has emerged that nigeria actually exports a lot to Ghana, the music has changed. Now nigerians are now saying Ghana depends on Nigerians because they import from Nigeria. What kind of stvpid hipocrisy and logic is this?

Now, as it turned out, Ghanaians are actually the ones feeding nigerians. That is a reality you nigerians have to live with.

Fortune109:
You are right in the sense that consumers are not the dependants...but this is subject to the instance where the consumers have alternative mostly in terms of cost.

Nigeria remains the cheapest option for almost all the goods Ghana imports from Nigeria.


Because Nigeria is the most industrialized in West Africa, which means our Nigerian finished goods will be cheaper than anywhere in West Africa, that is if other countries even produce them at all.


The only option for Ghana is to look in the direction of China, but then, the Ghanaians may be used to the Nigerian standard especially when it comes to electric cables...we have one of the best cables in the world if not the best.


In all, it will always be cheaper driving goods down to Ghana from Nigeria than shipping from other parts of the world.

So invariably, Ghana technically depends on Nig ria here even though they are the consumers...

What is this maggot spewing out? How much debt is Ghana owing Nigeria? How much exactly? Can you give me precise figures? Why do nigerians like talking like fools? Ghana is surviving on nigerian economy. Can you give specific reasons and examples. Nigeria is not even fit to polish Ghana’s shoes, so just shut your smelly mouth.

This purely nigerian businesses trading with Ghana. What has this got to do with federal government? Nonsense!

Newmans:
Warning to FG Ghana doesn't have what it take to be big partner to Nigeria, the Nigeria federal government should back to history Nigeria has cancelled a lot of Dept for Ghana, Ghana is surviving on Nigeria economy, Nigeria government must canceled any credit transaction with Ghana to avoid what had happened before from repeatint it self again.

What is this one saying. Our currency has been at 5 plus Cedis in the past two or three years. Currencies are not static, they go up and go down. If I were you, I will be more worried about your economy. The Ghanaian economy is doing far far better than your nigerian economy. It remains the fastest growing economies in Africa, and that is why nigerians are everywhere in a Ghana these days. They all want to taste better economy and escape poverty you need to come to Ghana and see for yourself your people are everywhere. And yet the nigerian economy is supposed to be a $500 billion producing 2.5 million barrels of oil daily oh dear oh dear

Area4Area:
....yet you don't want to be self reliant and producing enough for your people, no wonder your cedi tumbled from 0.92 cedis to 5.82 cedis to a US dollar, but wait, some days back I checked it, it was 5.67 cedis to a US dollar.
What the heck is going on with your economy and currency? Exchange rate this January was between 4.8-5 cedis to a US dollar and now 5.82. Worthless currency.
The naira has been around 360 to a dollar for years now.

Give us a link to your Q2 and Q3 economic growth for 2019 and not the forecasted growth predicted since 2018.

It is not my fault that your retarded brain cannot grasp what I am saying. How is that my problem? How is my fault that the so-called $500 billion economy can’t even provide common six hours of electricity to its impoverished citizens? How is that my problem?

Zooposki:
OMG, you sound like a broken record. I’m laughing too hard reading your retardedd comments to even put up an argument . You are just one crazy Charlie. Irredeemable. No hope for you. Village people has settled your matter.

Trade is a two-way thing. Ghaba also exports to Nigeria now. Or Ghana doesn’t export to Nigeria? I don’t even know what nigeria exports to Ghana that Ghana “needs desperately?” Someone said something about equipment for oil drilling. I doubt if those things are even made in Nigeria.

Is that the one that Ghana needs”desperately?” What single item that Nigeria exports to Ghana that is needed so desperately, as you claimed? Which Ghanaian companies complained? And your point is? My point is that a Ghana is actually feeding nigerians and helping to make your economy better. What is your point?

Area4Area:
Why can't Ghana export to Nigeria what we can't produce. Ghana needs those imports desperately and that's why they can't do without them.
I have links to Ghanaian companies complaining of their losses since the closure and if I ask you to give a link where one Nigerian company complained, you'd leave the thread.

Can you imagine the crap you just posted? Is there any country on the surface of the earth that is self reliant? Nonsense! What do you mean self reliant? Is there any country that is self reliant?

Look, the bottom line is how well the citizens and the economy is doing. I am happy to report that the Ghanaian economy is doing great, the fastest growing in Africa. Ghana has become a major attraction for your country people. These days, Nigerians are everywhere in Ghana you think they will come if the economy is not doing better than that of Nigeria?

Area4Area:
Why are Ghanaians buying our products and are we begging them to buy? Poor Ghana that can't try to be self reliant despite their 24/7 electricity.

Begging? Are you okay? Who is begging you nigerians? Ghanaians are not dragging your border with you. Or are they? Just that nigerians shops in Ghana have been closed. That’s all. Keep your border. It’s your border. If you like, close it till thy kingdom come who gives a fvck about your nigerians?

You, a nigerian, from the poverty capital of the world, wants to tell me, a Ghanaian, whose country has the fastest growing economy in Africa, how to run my economy? are you well? As you “protect” your market and your economy, how has that helped your economy? How has that helped to create jobs in that....country? oponu, show me you are competent economic managers before spewing garbage,huh?

At least Ghana is helping to ease poverty in your country and put food on the table of million. You are not happy about that?

Zooposki:
At least you stopped your retardedd boasting. Imagine boasting about importations. Wetin Charlie no go see for border. Helping us? Lolz. Is that why your officials came begging. Lolz once again. You must be retardedd.

Tell that to your countrymen who think the sun shines from their anus. They are just too .......

When the border was closed and some trucks bringing goods from Ghana into Nigeria were trapped at the border, you Nigerians were shouting on nairaland that simply because Ghanaians were trying to export items to Nigeria, it meant Nigerians were the ones feeding Ghanaians. Now that it has emerged that Nigeria actually export a lot to Ghana, is it not logical for Ghanaians to also say they are the ones feeding Nigerians? Or Nigerians indeed are hypocrites?

BreconHills:
Before we all start waving national flags.

Trade is a symbiotic relationship. Both parties are important. China and the US being a case study. Also a country can import from anywhere else but depending on the products in question it may make more sense importing from a nearby country than one that is days and weeks away.

Foolish goat. Bla bla bla stvpid nonsense! Nigeria is trying to stop importation? And yet your country is the capital of world poverty? Ghana’s economy is the fastest growing economy in Africa because we take pragmatic policies, not some stvpid myopic economic policies. Our economy is doing great. The Ghanaian economy is booming. We are doing a great job. Who are you to tell Ghanaians how to run an economy when your generator powered economy is struggling to grow at 2%? We are just helping you mudder fuggerz, so just shut up!

Zooposki:
You guys should be more self reliant, instead of boasting that you import a lot of goods from Nigeria. Sounds retarded. You should take a cue from Nigeria in our goal to be more self reliant and stop imports from other countries.

Every country is striving to reduce importation and increase exportation. Nigeria is on the right path, while Ghana is boasting about importation. Odiegwu. Sense seems far away from you .

Countries export and import. Your own statistical office says Nigeria exports more goods to Ghana than perhaps any other country. That makes Ghana a very important country to the nigerian economy. Nigerians export to Ghana, and make money in the process, to support their economy and feed millions of people back in Nigeria. So, Ghana should be seen for what it is, a very important country for nigeria’s economy. Is it too difficult to accept that obvious fact?

Rgade:
You're not being very realistic here, if proximity and pricing doesn't weigh in Nigerias favor,why is Ghana sticking with that option. If Nigerian companies aren't that competitive why stick with an unsavory and more expensive option.
A good number of exports to Ghana was made up of underwater drilling platforms, I see Ghana is trying to shore up crude production, good.
I wonder which other country with expertise in petroleum where Ghana could get a better deal than in Nigeria.
You're making it sound like economics and trade is some kind of child's play.
Perhaps you could buy those oil rigs from the US,put them on barges and ferry them thousands of kilometers to Ghana,that would definitely be cheaper.

Kwasia! My country is buying from your zoo, to help put food in the mouths of many impoverished nigerians I am proud that Ghana is a very important market that is helping to feed your poverty-ravaged people. What is there to be ashamed about? Oponu

Zooposki:
You are not ashamed your country is importing so many non oil products from Nigeria??

Are you a comedian? You sound like one. You think I give a fvck about the trash you wrote?

The facts are clear. Nigerians are exporting to Ghana, and earning good money. That money helps to feed your people back in your country and ease the hardship and poverty in that country. Is that too hard to understand and appreciate?

CaptainMeks:
You are an ignorant child. Very ignorant and proud of your ignorance too.

Ghanas PER CAPITA is $1,407 even with 28m population
Nigeria PER CAPITA is $2,014 even with 198m population

Ghanas GDP is $42.79 billion
Nigerias GDP is $404.65 billion

On the list of world poorest countries Ghana is 85 positions behind USA
On the list of world poorest countries Nigeria is 26 positions behind USA

Do you not see that your country Ghana is poor and in economic shambles despite its low population?

If you think this is a fabrication, please read and shut up with this your nonsensical Ghana is better than Nigeria nonsense.

And oh this data is 2019 plus it was compiled using data from The International Monetary Fund,The United Nations and The World Bank

http://worldpopulationreview.com/countries/poorest-countries-in-the-world/

Ma guy, stop this your foolish insinuations,huh? When it come to insulting, you are no match so stick to what makes sense to you. What stvpid logic is that?

When Ghanaians trucks were stopped from entering Nigeria recently , didn’t you nigerians jump upanddown shouting how dependent Ghanaians were on you nigerians? Now that it turns out that nigerians actually export most items to Ghana, why can’t Ghana also say yes nigerians depend on Ghana? After all the goods that are sold in Ghana, don’t they take the money back to nigeria, to feed ediots like you? Nigeria is making money in Ghana, to help your economy and feed nigerian mouths, and you are telling me nonsense?

CaptainMeks:
You are not a smart cookie at all. These figures shows how dependent Ghana is to Nigeria and not the other way around. You rely so heavily on products from Nigeria and this report shows it.

Are we the ones who bought from you or you are the ones who bought from us? Show us by way of comparison what we bought from you despite our huge population.

You are just a measly 28m yet rely so heavily on us yet you do not realize that this in essence shows that industrially and economically you are in shambles.

Crying? I guess nigerians think other people cry the way nigerians do,right? Yes, let’s wait fir another 6 months and see how it plays out. Who knows, the border closure could change everything. Ghanaians are not as clueless as some of you Nigerians think. I live in Accra and people are asking serious questions about economic relations with Nigeria.

Area4Area:
Why not wait till that 6 months before you start crying? Wait bro, wait.

Point of correction. Nigeria exported......to Ghana. Or did Ghanaians go to Nigeria to bring them? You see the market is very competitive. Other countries can quickly fill up that 17%

Area4Area:
Nigeria has the comparative advantage in producing those goods Ghana imports from us, you import import from Nigeria because you can't produce them, if you stop importing from Nigeria, we can as look for where to send your 17% to while you source for an alternative for your 17% from us, simple.

Well, the world has become a global village, as they say. There is nothing under the sun you can’t buy from elsewhere as I said, let’s wait and see in another 6 months and see if these dynamics will change. I believe they will.

shiki:
don't also forget the cost of buying from anywhere and cost of buying from Nig ...bro

Oh please, stop this jankara economics. You are talking like one nigerian economist I used to know called Prof. Aluko, from Akure I think. He had all these absurd theories. Let me break things down for you. I don’t think you nigerians should pay too much attention to all the GDP crap your govt keeps churning out. Those figures needs to be seriously interrogated.

In any case, a population of 100 million poor people not make you a bigger market simply because of the numbers. A country of 200 million has a country of just 30 million as its biggest importer Hmmmmmmm

Area4Area:
You obviously know the truth but won't admit it, your business.

Ghana big market for Nigeria?
Nigeria with a population of 201 million and a GDP purchasing power of $1.2 trillion compared paltry Ghana with 28 million and GDP purchasing power of just $200 billion, do the comparison.

Your analysis is skewed to achieve a twisted and baseless outcomes. The fact that Nigeria has a population of 200 million and Ghana has a population of 30 million doesn’t necessarily give nigeria any economic advantage. Have you heard of purchasing power? It’s all about purchasing power, the ability to buy. When you have a population of 100 million very poor people, it doesn’t translate to a big market. Now, Ghana with its 30 million population is Nigeria’s biggest export market. But nigeria is not Ghana’s biggest export market. So how dies this balance out?

It means while Nigeria depends on money it makes from selling goods in Ghana, Ghana dies not depend on goods it exports to Nigeria. So who has the advantage here?

FemiMaduka:
I respect your willingness to contribute. However, you wilfully forgot that countries make their import calculus based on where they can get a comparative advantage. Ghana imports heavily from Nigeria because it is cheaper [obviously] for her to do so—no country is a Father Christmas. If she imported same articles from, let's say, South Africa, she would obviously be paying more for less because the distance alone is enough to make it more expensive compared to the ones that come from 'next-door' Nigeria.

And you should also know that if Ghana decided to not buy from Nigeria, there are ready buyers willing to buy these articles. Some years ago the US drastically cut the quantity of crude oil it buys from Nigeria, and almost immediately India stepped up and took the place of the US, it is now that the US is gradually upping the quantity of the same Nigerian oil it drastic cut. It is a very simple thing.

Finally, if you want to be sincere to yourself, there is NO WAY a Nigeria of 198m people and $400bn GDP would need a Ghana of 30m people and $50bn+ more than Ghana needs it. It is a statistical impossibility.

It's no denigration, it is fact.

Me? Click some useless link? Na today dem born me? I have nothing to be ashamed about. Actually I am proud to know that upon all the mouth you nigerians make, Ghana is a big market for Nigeria and Nigerians. We are putting food on nigerian tables. That makes me very happy,oponu

Area4Area:
Have you gone through the link already or maybe you are ashamed to admit it.

You better shut that your stvpid mouth,huh? if Ghana vex and ban imports from nigeria, how will you guys feed your children? who gives fvck about border? how market you fit rice chop? poor thing

Zooposki:
Please go and carry all your begging representatives from Abuja. Border remains closed.

Which industrial goods? industrial goods my azz with which power?

Area4Area:
Go through this link and see the industrial goods Nigeria sells to Ghana

https://brandspurng.com/2019/12/13/nigeria-merchandise-trade-grew-in-q3-2019-with-higher-exports-and-lower-imports/

Every other thing you typed made no sense.

nigerians are the ones crying over border closure now. first, food prices are skyrocketing in Nigeria. Secondly, Ghanaians are closing nigerian shops in their country. Opuna, this is double tragedy

Zooposki:
Who is crying about the border closure? Nigeria or Ghana? Go and buy from Europe/Asia. Buhari does not care, hence the border closure.

As I said, the importing country has the upper hand. Industrial needs? Like what? Look, all I know is that nigerians sells goods in Ghana, from which they make money to feed their families back in their country and sustain their economy. That is all I know. Another thing I know is that Ghana can easily replace whatever it buys from Nigeria from elsewhere. So Ghana actually is feeding nigerians. Shikena

Area4Area:
Let Ghana get other sources they can import from and we are not bothered and let the region rebalance for all we care, fact remains that Ghana relies on Nigeria on some of industrial needs despite your constant bragging about your 24/7 electricity. I guess y'all use for watching the TV and listening to music.

Proximity and pricing doesn’t necessarily weigh in Nigeria’s favour. I dont think there’s anything nigeria sells in Ghana that Ghana cannot get from elsewhere at a more competitive price. Lack of power makes most nigerian companies very uncompetitive.

Rgade:
Actually the consumer is dependent here.
Less developed economies usually depend on more developed ones for finished goods.
And what's with the comparison with China and US,no two cases are the same, and China is no walk over, the US might actually depend more on China.
Besides it's not as easy as Ghana just "taking their 17% elsewhere".... elsewhere would mean more expensive since Nigeria offers the best alternative in terms of proximity and price.