₦airaland Forum

forgiveness:
Thanks. Do you have that of South Africa? I want to compare.

SA's is currently bigger than ours in terms of revenue, but only for a short time, we are catching up....fast

And piracy really did affect ours badly.

NairobiWalker:
Now list us the owners.

Milicom - Swedish
Rocket - German

Now tell how Jumia is a German company.

tlann:
Nigeria exports crude oil but imports refined oil good lord

Wow, hypocritical much, Kenya exports tea leaves and import Lipton

NairobiWalker:
Jumia is German.

Explain to me how Jumia is German

rvp20183:
CONGO has more resources than Nigeria and yet it similarly rubbish.South Africa is country we kenyans benchmark against.We respect them but they know Kenya is a tough nut to crack.Their business thrive everywhere except Kenya where they meet their match.Nigeria is a mess.South African companies ran Nigeria services industry and maybe even some of the Oil.

It was estimated that Congo has natural resources worth 24trillion dollars, can you tell me that of Nigeria's?

rvp20183:
That GDP has anything to do with Population.GDP measures the value of goods and services produced annually...by humans or animals or robots or machine...therefore its got nothing to do with population.That is why small countries in Europe dominate.The value is important...digging or herding cattle might be very tasking but its worthless compared to say software engineering.

You missed the part where I say mostly population.

And yes small countries in Europe dominate because they ve had a head start compared to other Continents, now most of them are struggling to crawl, why other continents are running. Japan was growing at such a rate it was tipped to overtake US, nobody is saying so now. If Japan's population is 200mil it will give the US a run for it's money.

Jonraid:
Our education budget is bigger than Nigeria's. I challenge you to come up with the figures.Bring them on board if you are a man enough.

Federal government allocated 605billion naira. I was not able to find the total of Kenya's online. Only the breakdowns, do you have the figures.

rvp20183:
Nonsense.

Which part is nonsense?
Prove me wrong.

tlann:
you are right but africa needs more infrastructure than anything no leader should sit around waiting to sign documents then how can we judge african leaders

I think they should balance the both, but most African leaders are more interested in infrastructure than favourable policy formulation.

This is my third day here but Kenyans have so bungle economics I am beginning to wonder if economics, commerce and the like are taught in Kenya.

Really, pension asset to GDP ratio is now used to measure the size of an economy? SMH.

I hope this is the last time I will explain about GDP (it's f$king overrated by the way) unless Nigeria experience severe famine, an all out war or a cataclysmic natural disaster, Nigeria will always have the largest GDP on the continent for the foreseeable future. Largely due to it's large population. Just like it is only a matter of if not when before UK and France makes way for India and Brazil, US will also make way for China. Mostly due to population also.

In simple terms: The economic output of
100 farmers will always be higher than that of 20 bankers.

sufferNsmiling:
I do not really know what lies we nigerians are being told in nigeria. None of the founders of jumia are nigerians and none of the investors companies in jumia are nigerian. Jumia was started by a french or german. I think the headquarters is only in lagos I am not sure. See pics below

Wikipedia is your friend.
These are the founders of Jumia,

Raphael Kofi Afaedor
Jeremy Hodara
Sacha Poignonnec
Tunde Kehinde

Damn, Here I go again, anees, anees, anees, when will you keep your big mouth shut? the guy is a Nigerian, he already knows. Smh

darfay:
We are systematically conquering Africa. By 2030 we would have exported at least 10 million Nigerians to the rest of Africa to help us dominate

Bros abeg, calm down. You go give some of them hypertension.

tlann:
no need for name calling i wasnt talking about your economy i was talking about what has buhari accomplished and yes african needs roads railwaylines airports and ports to do well economically africa has great infrastructure deficit and we judge our leaders using that so if leader cannot build a simple road in africa how are we supposed to judge him/ her usa has no infrastructure defict there is no way americans will judge trump by how many roads he has built usa has the hardware they are working for better software

Sorry, that's one of the topics I get triggered about.

USA has an infrastructure deficit by the way. 1.5trillion or 4trillion depending on who you want to believe.

Yes Africa has infrastructure deficits, true, but I am saying we should stop celebrating our politicians for giving us our right.

Jonathan performed woefully when it comes to infrastructure, but I will always respect for signing the local content act, many Nigerian companies now own oil fields, Nigerian shipping companies have doubled since. Imagine that! Just a signature on a piece of paper, poof, IOCs no longer dominate Nigerian oil sector.

Infrastructure is overrated, yes, infrastructure is good for an economy, it's not a game changer, there is this African country, in southern Africa, their road network is better than some European countries yet they are still poor.

abbeg:
Most south Africans find it offensive when you talk ill of Mandela(even though some skeptics find him a tad overrated)so it's better to just avoid those subjects.

Everybody public figure out there is overrated, they look godlike from afar until you get to know them, then you realize they are humans. On the matter of feeling offended; how will you feel if a National figure from your country is called overrated?

PROVERBZ:
agriculture Nigeria banned foreign rice we now produce our rice

Jonathan started the railway in abuja but buhari finished it and started more across the country

fight against corruption u know all about the money we recovered from Nigeria and Switzerland

buhari gave full fh backing to the enyimba economic city
.buhari ordered that centenary city be continued after it was stopped

buhari renovates port Harcourt airport formally the worst in the world

all this and am not even a supporter of buhari but please I answered this time but I don't like to talk about politics

Please stop that. Those are not achievements, those are the basics upon which every government is built, so we should stop celebrating our politicians for giving us basic amenities which is our RIGHT. Not only Nigeria, most African countries have the same problem.

tlann:
Kenyan economy is doing fine anyway what has buhari achieved since he became president

Small mentality. You are also going with the Nigerian narrative of what has Buhari achieved since he came into office? And what does that have to do with a country's economy. An economy is meant to be self serving regardless of what a president has achieved. What has Donald Trump done for US, Macron for France?Theresa for UK? tell me their achievement!

It's only in Africa you will find people who measures a president's achievements by the number of roads, rail line and other shiny things built.

It's one of the reasons why African economies become destabilized during elections. Our governments' are too involved in our economies.

tlann:
who owns jumia

That is not how to determine which country a company belongs to. Milicom and Rocket are the largest shareholders in Jumia, but you cannot call Jumia a Swedish or German company because it is not HEADQUARTERED there. Just like Dangote is the largest shareholder in sephaku cement but it remains a South African company not Nigerian.

And if you are talking of founders, it was founded by a group of four people, two Nigerians.

sufferNsmiling:
When I tried to warn nigerians that the economy is sinking. They said I was mad they said I am a kenya or ghanaian. Now look at their president he is now warning nigerians that the economy is in a bad shape. When I told nigerians that they were illiterate they did not believe me they went to support thieves and criminals

Please tell me how Nigerian economy is "sinking". Nigeria's economy is going through a rough patch, so are many other African countries following the crash of commodity goods. How is Nigeria's different from them? You might as well tell the whole of Africa that our economy is "sinking".

sufferNsmiling:
I do not think ecobank and jumia are nigeria

Jumia is Nigerian though.

rvp20183:
it's not the accent but the corruption..for example basic words like come..the prouncitiation is cam..not com.

I've corrected you before, still you persist. only a minority speaks like that in Nigeria. I have a question for you. I am serious here. How MANY Nigerians do you personally?

Yobeezy:
We huskiza nyimbo za naija?

Say it in English

sufferNsmiling:
Pls if nigeria has industries why is it nigeria is below zimbabwe on the human development index which rate a country's development and progress. Most of the industries which we have are just package industries. What I mean is we import to export or we bring goods for all over the world to nigeria then we put them in smaller package and resell them. On the other front the megawatts generation is very complex. What happens did government gives the peak megawatts that pick can only be for 2 minutes or 5 mins. This year the average makerbot generation has been 3200 megawatts for the whole year. the 10000 to 15000 might only be 5 mins in 1 year.

Please stick to trolling. You don't know squat about HDI, Norway, Australia, Singapore ranks above Germany and USA, does that mean they have more industries than them. Heavy industry is an industry, it doesn't matter if you assemble or manufacture, the fact remains, you need sh#tload of power.

Calm down and explain that section about power again, all I am seeing is gibberish

sufferNsmiling:
I am not going to link you to the thread on nairaland because I do not want you to know that I now know your plans so next time you can open another trade. It is much better if I know the thread and loan so I can see all your plans on it.them for you to go and open another thread. What your plans are we know them.

Suit yourself. But I am calling you a liar from now on.

tlann:
countries with alot of resources but nothing to show of it sometimes i wonder if Nigeria has the same oil that Dubai and other Arab countries have look at tz very mediocre people they should be competing with south Africa in terms of development but look all they can say is we have better Swahili than kenya look at their neighbour the DRC GDP equals to that of Nairobi with all those minerals maybe birds of the same feathers flock together

I swear some people. SMH. UAE (not Dubai as you erroneously said) UAE produces more oil than Nigeria with a population of about 10million and you expect us to be already developed like them. Even Russia which produces about five times of UAE's oil with 140million people cannot compete with them.

rvp20183:
Typical household cannot consume a lot of units.South Africa has one world largest power and only about 30 companies consume most of it..majority in minning and manufacturing.Nigeria has more than enough power.

Nigeria does not have enough power, if we have enough power, why are we building other plants then? installed capacity is about 10-11,000mw, peak supply 5999mw, peak demand is about 19,000mw. There are some pretty heavy industry here too. Not the level of SA though.

sufferNsmiling:
Breaking news for kenya and east africans

I have been reading some of the post nairaland in culture and also on other nigerian forums especially in local language yoruba. They are planning a trick tomorrow with this forum. The trick is this they want to make this trend he is african conflict where the kenyans ethiopians tanzania rwanda and angola fight themselves here. Please all east africa do not fall for this trap tomorrow. If they nigerians want you to play against each other that is their agenda so they sit and watch. So please tomorrow all other africans concentrate on nigeria and nobody else.

I am beginning to feel intense dislike for you, seriously seriously. Link us to the thread. Let's confirm it ourselves. It's guys like you that spread fake news.

G night guys, this place is currently too toxic for my liking. You know with all Name callings, downright insults......

rvp20183:
Their peak supply is 2500mw.Installed capacity is nothing if the turbines are not running.

Blatant lies does not become of you.

forgiveness:
South Africa music industry doesn't have Grammy awards than all Africa countries combined.

That is fallacy because South African musicians have only won it 8 times. Even Benin republic musician has won it 3 times.

South Africa music/musician was not recognized internationally ahead of Nigeria with nomination for Grammy award.

It was Nigeria's musician/music that was first recognized ahead of South Africa's music when it was Nominated for Grammy award in 1984 for syncro system by Sunday Ade

Even Nigerian born musician won Grammy award before any South African ever won it for the first time in 1988. That was Sade Adu.

So, you were wrong.

Now, let me educate you on the Nigeria recipients of Grammy awards.

1. Sikiru Adepoju won 2 Grammy awards

2. Lekan Babalola won 2 Grammy awards

3. Kevin Olusola won 3 Grammy awards

4. Sade Adu won 4 Grammy awards

5. Seal won 4 Grammy awards.

6. Babatunde Olatunji won 1 Grammy award.

Besides these, WizKid, Timaya and Femi kuti were also nominated for Grammy award.

Please, get your facts right now time. Thanks

This is better than porn, somebody really need to update that Wikipedia page for Nigerian artists with Grammies, and I was a tad lazy too, I didn't do any in depth research. thanks guy.

So there it is guys, Nigeria do have more grammies than SA after all.

rvp20183: your understanding of economics is limited (no offense intended).
So you are now using music revenue to judge the size of an economy? Just so you know, china, the second largest economy in the world is not among the top ten music market worldwide.

And will you please stop modifying your post after I ve read them. It's really annoying.

Nowenuse:
Hahahaha, gaskiya wannan mutane basu da Kunya samsam.
.

sufferNsmiling:
This is total illiteracy. Some african countries are building power stations building refineries building railways investing massively in infrastructure also in industries. You are talking about music weddings and parties.

You quote me, you didn't ask a question, you didn't make a statement, you are just making noise. Please don't quote me again until you have something meaningful to say. TROLL.

and besides, Nigeria is doing all the above mentioned except the "heavily" part.
Gosh I forgot you are Nigerian, so you already know that.