Abuja light rail

edon21:


and GDP will be 90 trillion dollars

Binikingdowm:
you want to sound intelligent right?.

We can use the same argument on Canada since it only have 36 million population.

We all know the reason they are like that either due to temperature(Russia, Canada are extremely cold),due to slavery, migration, etc.

In the case of northern Nigeria, it's pure fraud

So you know that and you brought your stupid comparison? Ode.

And going by your profile, I already know the kind of person you are, so this is my last interaction with you, I don't waste my time on foolish imbeciles. Adios Puta!

Binikingdowm:
Niger republic is bigger than the entire Nigeria.

But has a population of 21 million

Hey stupid. Russia is much bigger than US but has a population of 150million.

rvp2018:

Why do I think Nigerians are 150M. I simply used the telephone subscribers. Those figures are around 140-150m . Kenya which is similar to nigeria has around 45-50M.

That is called CROSS-REFERENCING.

1. Actually it's now about 170m and counting.

2. You can't use that as reference because some phones use two SIM cards. No?

rvp2018:
So if you accept the census are manipulated. You do accept the manipulation is not to reduce the population. Every state for economic and political reason want to appear more populous.

It reasonable for me if you at least accept Nigeria population is INFLATED. It less than officially stated. It could be 5 or 10 or 50M inflated.

Just like you also need to accept the GDP is over-stated to make Nigeria Africa top dog while everyone knows Egypt with 100M and zero povery - and South Africa with proper middle class - are just reasonable 350B.

Egypt zero poverty? Wow.

Top dog in what? What has Nigeria benefitted from inflating it's GDP as you said? More FDI? No. More foreign investment? No. More attention? No. More more more? Then what?

Everyone knows Nigeria's GDP is largest in Africa except for some strange reason Kenyans who think they know more than NBS, IMF, WB, AFDB and every other financial institution out there.

Anyway believe what you want to believe. It doesn't really change the facts on ground.

rvp2018:

During the actual census every state races to inflate their figures because FEDERAL ALLOCATION is dependant on it. At least with election they may deploy biometric - but Census is just poor enumators with filling papers.

The census become so much manipulated - 2006 - the actual census showed they were 200M Nigerian

You can't just increase your population and get more allocation, it's not that simple.
https://economicconfidential.com/2007/04/economic-confidential-27/


200m Nigerians in 2006? And you said we are growing 3-4pct? And still 200m Nigerians 2019? Looks like someone's statistical capacity is limited.

mtisTheQubit:


Ibrah my guy explain to be ths.in slow motion please if possible..what th dang is ths

I am as confused as you are.

2006 census is a joke, nobody argues that but to say Nigeria's population is 150m
How and where do you hide 50m people? That's like whole of Kenya!

rvp2018:
If you had capacity - you would be holding census regularly - credible census. you won't be quoting indeximulli when the min of agriculture is asked for figures. It a ridicolous joke. I think WB need to revist that - if indeed that was true. Maybe they are using Nigeria new data against Kenya old data.

Yeah they are using Nigeria's 2017 figures against Kenya's 1960 figures. Come on dude, this is the WB here, all figures are for 2017.

So you ridicule it because of census?

Just check the methodology.

Remember you guys couldn't provide me with your budget and debt details? Remember that? Apparently it's one of the factors considered.

http://datatopics.worldbank.org/statisticalcapacity/SCIdashboard.aspx

Kur17:

This didn't get well with Nigerians yesterday

https://www.nairaland.com/4985740/former-kenyan-prime-minister-odinga

That's deep coming from him. Considering Kenya is where this bridge was built for 15m (pic1) and this governor's chair was bought for 2.7m (pic2)

rvp2018:
What CAPACITY when you haven't held census in nearly 15yrs. You failed to hold census in 2016. You held census that have been so controversial they are laughable.

Maybe someone at WB was smoking illegal stuff if he thinks Nigeria NBS has better capacity than KBS.

Yeah sure someone was smoking illegal stuff in WB. Typical, when something doesn't go your way ridicule it.

rvp2018:
Why not 0-1M. Why 20-50M max. You see if you went to school and have something btw your ears you won't throw figures carelessly. I have a reason why I think Nigeria population is 150m. I also have a reason why I think it's economy is 200B tops.

OK Nigeria's population is 0-1m.

Yeah you have your reasons and I don't believe them. In fact even if it's KNBS, I wouldn't believe coz Nigeria's statistical capacity is higher than Kenya's. Meaning statistics from Nigeria is more accurate and reliable than that of Kenya, according to world bank. Waiting for you to tell me how this one is "cooked" by world bank.

rvp2018:
NBS that has not held one credible census since Nigeria became independent. I think the only credible one was initial results of 1962 census undertaken by the British consultant.

You see Oil revenue is great incentive to lie. As long oil is the main (used to be 95%) of gov revenue - then every states will manipulate the stats. NBS staff will work with their states to inflate their population figures.

In Kenya we recently saw some attempts - to inflate population - but this is mostly by refugees in some counties - passing themselves for kenyans. KNBS disputed those figures - about 1M - but they counties went to court and got judgement. So as of today Kenya population is inflated by around 1-2M.

This year because we are having devolution that shares national taxes to 47 counties - we might see Nigeria like attempts to manipulate census. But thanksfully this is digital and data will be transmitted daily.

And why are you explaining yourself? I already agreed with you. Nigeria's population is 20-50m Max.

Jonraid:
Even their states budget are a big joke. Imagine coming up with a budget of more than 60% your states IGR( internally generated revenues)

Other states 'tried' and their budget didn't go past 40% of their revenues.

They like creating big impressions about things that don't really exist!

And I told you IGR is not the only source of income for the states, they do get Federal allocation too.

Anyway kwantinue

rvp2018:
Nigerian census like it's stats are rigged. The population is probably 150M - not 200M.Lagos city probably has 7-8M - not 20M the state governor claims. The economy is ridiculously overstated. The agriculture sector is the most inflated.

Nigeria's population is 20m-50m Max.

And states do not claim population, NBS does.

Kur17:

Kenya is a very special country that the world pays attention to...

Sure

Live stream abeg sharp sharp

If you guys will leave Nairaland for a minute and read the "real" report, you will discover that the CCT ordered the president to suspend the CJ. The president does not have the right to meddle in judiciary affairs.

Jonraid:
That link is always important!

Yeah I know, I ve asked for links before too.

It's the way he asked.

vaxx:
let me test your analytical skills. Ghana with a population of about 25 million has about. 81 plus university and Nigeria with population of about 180 million has about 300 plus university. which country has more university going by the percentage with the population of these nations?

i think the answer here should give you a fair understanding of the present argument.

If you are referring to Per capita, you are spot on.

Jonraid:
West Africa led in more FDI's than East Africa

FDI in Africa at a 10-year low
FDI flows to Africa slumped to $42 billion in 2017, a 21 per cent decline from
2016. Weak oil prices and harmful lingering effects from the commodity bust
saw flows contract, especially in the larger commodity-exporting economies.
FDI inflows to diversified exporters, including Ethiopia and Morocco, were
relatively more resilient.
FDI flows to North Africa were down 4 per cent to $13 billion. Investment
in Egypt was down, but the country continued to be the largest recipient in
Africa. FDI into Morocco was up 23 per cent to $2.7 billion, including as a
result of sizeable investments in the automotive sector. FDI flows to Central
Africa decreased by 22 per cent to $5.7 billion. FDI to West Africa fell by 11
per cent to $11.3 billion, due to Nigeria’s economy remaining depressed.
FDI to Nigeria fell 21 per cent to $3.5 billion. East Africa, the fastest-growing
region in Africa, received $7.6 billion in FDI in 2017, a 3 per cent decline from
2016. Ethiopia absorbed nearly half of this amount, with $3.6 billion (down
10 per cent), and is now the second largest recipient of FDI in Africa. Kenya
saw FDI increase to $672 million, up 71 per cent, due to strong domestic
demand and inflows into information and communication technology (ICT)
sectors. In Southern Africa, FDI declined by 66 per cent to $3.8 billion. FDI
to South Africa fell 41 per cent to $1.3 billion, due to an underperforming
commodity sector and political uncertainty. In contrast, FDI into Zambia
increased, supported by more investment in copper.
The beginnings of a commodity price recovery, as well as advances in
interregional cooperation through the signing of the African Continental
Free Trade Area agreement, could encourage stronger FDI flows in 2018,
provided the global policy environment remains supportive.

Refrences

https://unctad.org/en/PublicationsLibrary/wir2018_overview_en.pdf

Exactly my point West Africa accounts for more FDI than East Africa but your analysis on East Africa benefiting more because of lesser population is spot on.

NairobiWalker:


BTW, post us the source of this information. We might be discussing something that was created by a bored teenager practising MS Excel

Yeah I sat down in my room, and I was like "hey Anees, how do we deceive Kenyans today? "tell them you are a Kenyan? Nah too easy" "how about you are from mars? Too ridiculous" how about you form a chart that shows Manipulated Nigerian GDP, coz most of them reside in kibera and don't have access to internet, they are totally going to be fooled by that. Perfect absolutely perfect" and voila here is the manipulated Nigerian GDP.

https://mgmresearch.com/top-20-countries-by-gdp-2019-forecast/

vaxx:
This is big problem. but anyway it is ok. what is your academic qualification?

I am a professor of economics in Harvard University


























Student

Jonraid:
About Africa's FDI

West Africa should be a larger market than West Africa,but read here more why E.Africa is doing well than it.It's more better if more billions go towards a smaller populace!

https://www.ey.com/za/en/issues/business-environment/ey-attractiveness-program-africa-2018

True but that's not what we are talking about, we are not talking value of FDI by region in Africa. He said East Africa always account for more FDI than West Africa, and I said historically west attracts more FDI than East Africa but I haven't seen the value for 2018, you can share if you have.

vaxx:
oh my godth, who is talking about trade volume here, it is common sensical that business operated in Nigeria will likely generate much more trade surplus than that of ghana due to population, but the question is how many of such buisness are willing to stay and have branches. from the link you posted yourself, you can see the decline statistics and percentage of the volume trade. when you begin to divide that percentage per the individual; you will realise the reverse is the case.

Bro I don't know whats wrong with your eyes but that picture I posted clearly States that West Africa accounts for more FDI than East Africa. I don't know where you get your trade volume from.

vaxx:
Do you read the Articule you posted yourself.

this is the screenshot below.

Did you also read it?
This is the screenshot

West Africa 11bn
East Africa 7.6bn

vaxx:
https://www.forbesafrica.com/investment-guide/2017/10/30/west-africa-less-attractive-investors/

That links shouild give a clear overveiw

The article did not mention that East Africa accounts for more FDI than West Africa.

https://unctad.org/en/pages/PressRelease.aspx?OriginalVersionID=461

Like I said historically west Africa accounts for more FDI than East Africa. I haven't seen the value for 2018

Jonraid:
Land and properties don't easily depreciate!

Wow I find myself agreeing with Kenyans today, something must have been in the water I drank.

NairobiWalker:


But they are doing extremely well and are stable. Seychelles for example depends on tourism and service industry which is human resource - no country can be set itself best more than that. Mauritius has the most mature service and banking industry in Africa and perhaps the most diverse non-mineral economy in Africa. The only problematic country here is equatorial guinea. If oil industry crashes, this country could become poorer than Chad.

+100

I think Seychelles is the will be classified as a developed country ahead of South Africa.

vaxx:
when it comes to foreign direct investment, east africa in general is doing far better than west africa.

we need to borrow inteligence from you guys. it is commendable. west africa and central africa is doing poor in the area comparing to you guys.

Really? Show us the figures, especially that of this year.

Coz West Africa always accounts for more FDI than East Africa.

rvp2018:
Nigeria we will not exists then

True. We are planning on relocating to Mars

rvp2018:
88B to 98B in a year - 10B dollars more - then growth rate is more than 10%

I will very much know how to do this calculation because this is the first time I am hearing of it.