₦airaland Forum

GeneralDae:
Our GDP PPP is 1.1 trillion dollars. Purchasing power parity of 70% is old recycled data. The correct data is 40%.

omg you have no idea what ppp is

GeneralDae:
Still my point stands, it doesn't matter. In PPP the per capita is over 5000 dollars, so how does that make Nigeria also the 4th poorest in Africa as shown in the table? Do the maths, and notice the inconsistencies yourself.

do you know what ppp is?

GeneralDae:
Why I don't discuss poverty data is that Nigerian currency is very down at the moment and even with the inflation, the purchasing power principle still applies majorly. Someone recently did a YouTube video to show food he ordered for 3500 naira in Nigeria (about 7-8 dollars at the black market) and it was a lot compared to what you get in the U.S for thesame price.

To be honest, if we start manufacturing for ourselves more than we do (even with fewer exports) and have way lesser imports, I would have no problem with our currency and wouldn't care so much about so called world poverty data. A poor man (living below 2 dollars a day) in the U.S is most likely homeless or suffering terribly. A poor man in Gombe with 800 naira a day (less than 2 dollars) would not suffer that much. He would be earning about 25,000 naira monthly. He can rent a decent 1 room apartment in Gombe close to the rural areas for less than 100,000 naira a year. Northern Nigeria in some places have more stable power than even Lagos, he can afford many things in the Gombe market, he would not see himself as suffering.

We Africans should get to a stage where we don't measure ourselves completely by Western standards (whether positive or negative). Data Analysis is definitely important and necessary, but how we interpret the data in our own context to make changes that benefits us is what matters.
This is why most African countries went the IMF way in the 1980s and it turned out that for some, it didn't suit their situation.

poverty figures factor in ppp thus the above is irrelevant.

Jamestown123:
You don't call 58% poverty figures low.

that's our national poverty line.... If we use the international poverty line of $1.90 a day then it's 17% which is 4th lowest in Africa..... Nigeria is @ 70% using the same baseline....

Jamestown123:
The high rate of unemployment in south Africa, is due to the country's economic stagnation and high inequality. Bad government policies and laziness of the south African youths.

yeah I guess our unemployment is also the reason we have one of the lowest poverty figures in Africa....

GreenandGold:
The RG 35 is Denel's, Denel is sh#tty.... they can't produce jark.

your comment hasn't aged well

Look who's back at Denel:

https://www.defenceweb.co.za/featured/saloojee-back-at-denel/

Jamestown123:
Highest in Africa.

it's because we subsidise unemployment through sassa

Shma:
When did you conduct your census?

If your census report as of 2011 was 57m. 11yrs with a 1.1% growth can't still give you 57m .

Same case for Kenya... In 2019, our population was 47m, in 2022, it can't be 47m... Maybe 50 or 51m.

my bru it was 51 million in 2011

Shma:
If you don't believe IMF or our census report(door-to-door count) , then you have an agenda.
The most accurate source should be the census report. And I believe you also agree with that.

I never had a problem with you using the census report, all I stated was that we should be comparing apples with apples, thus using the latest census and the average growth rate of SA our population is 57million

Shma:
Okay... But my concern was only on Joburg.
Anyway, it's okay... I will let that rest.

shot

Shma:
The methodology was wrong but the answer was right.
If you were in a lecture class, you would have only gotten 1 mark - or zero.
Kenya has 51m in 2022.

how was my methodology wrong...please explain

Shma:
Wiki has not updated its list. The same source has only listed 11 skyscrapers from Nairobi.

Yeah exactly and there are already 59 buildings listed on wiki and I know for a fact PWC tower is not listed.

So then we have established Kenya has 18 100m plus buildings and SA has a minimum of 60 most likely more

Just40:
does the UN have an accurate population count for your country or not?

Is 60.7 million correct for SA?

We will know in a few months.....our census is ending the end of this month

Shma:
So you're using a worldometer to challenge your nonsense?
Door-to-door house count and IMF; one of the most reputable sources placing Kenya at 50m, and a dwarf is here trying to debunk it with worldometer, smh?

Hobbit... @saddam was just right about you. Just go and sleep.

You said my maths was wrong when I said your population was over 50 mil now you agree with me?

Shma:
Wikipedia, REALLY?

It simply lists the building my bru.....Im not using it as a scientific source

Shma:
Don't be stupid.

Go and check the mortality rate figures and finish your maths. I believe you can do better.

Your own source proves what I said??

Shma:
Don't be a ret@rd. we're still on the Imf. I didn't use any other source.

Don't panic. Show me where 57m is coming from?

that's our census total of 2011 times our growth rate Now show me where your population growth rate is decreasing by 0.3%

Also must I post sources which show your population @ 54mil and ours @61mil??

Shma:
Okay, let's start over again. Drop the list of buildings above the 100m mark in Joburg. If you don't mind

go to Wikipedia ( tallest buildings in SA) and see for yourself.... I'm not typing 60 names when I said where you can find it

Shma:
We have a 50m population in 2022.
South Africa has 61m.
Where are you getting 4m, dwarf?

57million....compare apples with apples, if we are using your census data then we should also use the census data of SA

Shma:
...The same way you couldn't post a single skyscraper from your country...?

Your game is consuming you up.

actually not the same since I specifically referred you to a link where it can be found

tylann:
and south Africa population is stagnant I see you there
We add 10 million averagely every decade is funny how we will add 15 million in 5 years to overtake South Africa

you are only 7 million behind SA.... 6 million if we take other sources

Shma:
NOPE!

I was giving you facts.

the fact is your growth is not declining by 0.3% a year.... Hence you couldn't post any sources to back up your ridiculous claim

Shma:
I will not show you anything...
We're in Kenya my guy, not SA

yes because you know you were talking utter sh1t.... Hence the above!!

tylann:
It won't happen boy now we're 47 million for us to increase by 13 million in 5 years is impossible

and since we are going by censuses then SAs population is only 57 million in 2022 if we use our 2011 census population times our growth rate

tylann:
It won't happen boy now we're 47 million for us to increase by 13 million in 5 years is impossible

if we take your current growth of 2.3% and use your own 47million claim then in 2022 your population is already over 50 million

GreenandGold:
The RG 35 is Denel's, Denel is sh#tty.... they can't produce jark.

well it used to be BAE

Kazikazi:
Yes Ethiopia and Tz will overpass S.A. around 15 years to come,it's not for population but it's due to industrialization.

Nope.....in about 70-90years due to population growth

tylann:
the infrastructure gap is reducing with massive investments in infrastructure...
Your population is higher than Kenya's and it's unlikely kenya will overtake you so stop hiding behind population growth.

It's not.... You should be spending 20% of GDP instead you are spending 9% on infrastructure

2. You will overtake our population in 5 years.... That isn't up for debate but an actual statistical fact

Shma:
Next time, don't pick a specific substrata of indice that favor you then come up with a conclusion. What I gave you is also valid.

Litterally the point of a debate.... You, like every one else also do it...

Shma:
Two things come into play here: A liability ppt and a productive ppt. The former will do more damage to the economy than good, making a population be of disadvantage to the economy.

GDP will grow even with unproductive people.... Its GDP per capita that will suffer..

Shma:
You're rotating at that angle, while we're reducing year in and year out.
If we reduce 0.2% - 0.3% every year, it means we will catch up with you in 4yrs Max. By then, your population with the 1.3% growth rate will be at 70m while kenya will be playing at 61m with 2.3% -1.3%(2026).
Once we hit 1.3% in 2026, our population will be growing at a parallel line - and catching up will be near impossible.

show me where your growth rate is declining by 0.3% a year.... Please

tylann:
Kenya too has had a fair share of mega corruption scandals but it has never staganated for years and years.many African countries are bridging the infrastructure gap so you must accept that

your infrastructure gap is 11% of GDP ours is 0.6%......

Also our GDP growth rate will never reach that of developing countries with high population growth rates like Kenya.... We are aiming for 5%