₦airaland Forum

Nowenuse:
Yes i know that.
The Nigerian manufacturing and agricultural industry is now growing. Importation is reducing. That is why you cannot expect our economy to fall proportionate to the weakness of our currency.
The point i am just trying to make.

so the naira is at the mercy of oil export

Nowenuse:
Yes i know that.
The Nigerian manufacturing and agricultural industry is now growing. Importation is reducing. That is why you cannot expect our economy to fall proportionate to the weakness of our currency.
The point i am just trying to make.

so basically, your currency is at the mercy of oil export

uzzyfire:
baba wat Eva u say no consine me, all I know is its d largest in Africa and its times 10 of Ghana's economy sooo park one side

dumb as always

Nowenuse:
When the exchange rate was 200#, our economy was worth $530 billion, it dropped to $480 billion because of the exchange rate. Besides, if you understand economics you will know that an economy does not fall exactly proportionate to the currency fall. No it doesn't!

Do you know that Nigeria's currency is higher than that of South Korea? How come they are still an advanced nation? with such a high Gdp?

South Korea has a productive economy that Is export led and sophisticated in high value engineering and electronic manufacturing.

uzzyfire:
and its spedilly gaining it back bro, guy weda u like it or not, Nigeria is still d largest economy in Africa , if u like carry nonsense facts and be talking

what's the exchange rate on the street again?
Continue using oil money to prop up your currency, it is called voodoo economic

Eastwalk:
Just to correct you Nigeria GDP is $482,986 billion https://en.m.wikipedia.org/wiki/Economy_of_Nigeria

that is if you are still calculating it with a 170 Naira to a dollar. If you use the central bank exchange rate or the real exchange rate to calculate it, it comes way down

uzzyfire:
lllooooooooooooooooollllllll thus is d funniest joke iv see on nairaland, guy no matter how u reduce naija GDP it will still be bigger than Ghana and Kenya combine . so just stop all this hating, it won't get u anywhere looooollll how can u say naija GDP is 270 billion chai naija don suffer oooo

you've forgotten that your currency has lost 78% of it value
Seek some education cus Egypt has a large gdp than Nigeria as it stands.

Eastwalk:
Even on qualitative analysis as you imply Lagos GDP per capita as in per person is higher than Kenya

Lagos GDP---$91 billion
Per person-----$4,333
https://en.m.wikipedia.org/wiki/Lagos_State

Kenya GDP per person $3,304

If Lagos is a country it will engolf Kenya in all reminifications

the entire GDP of Nigeria is 270 billion dollars yet you are still quoting Lagos GDP @90 billion .
Your currency lost 75% of it's value over a period of 6 months, deal with that.

obowunmi:
Who doesnt know that Amaechi is a thief? Amaechi that owns several malls and homes in Ghana?? How? When?

care to mention the malls he own in Ghana?

obowunmi:
Who doesnt know that Amaechi is a thief? Amaechi that owns several malls and homes in Ghana?? How? When?

can you mention the mall he owns in Ghana?

uzzyfire:
but all d credit and money still goes to nollywood. ghana does not have an industry, they are all incorporated in nollywood

stop saying thing you don't know of

Carter4luv:
someone can not play with u, is dat how u used to do. hahahaha

Carter4luv:
We gave Ghana 24/7 power and he returns his to deport Nigerians back. Isorite

OK, you are ignorant. Get out of here

lammsohiman:
see dis ineffectual Buffon talking trash, u are asking me what we have in Nigeria? And u really need an answer for that? U shouldn't even be comparing Lagos with that modern village, talk more of Nigeria as a whole.....I love Nigeria

if you love your country this much, you would be feeding the 7 million people facing starvation in the north east

erico2k2:
what has a Ghanaian ever done for the world that is recorded in teh Guinness book of record in any field
just checking not hating

what has a Nigerian invented and own patent to

akoredebadru:
And FG Neva do anytin to dis tin why? Dey suppose to punish dem for giving our country bad image, imagine Ghana deporting Nigerian.. So shameful, if dey punish dose fools other will not travel illegally..

if the people you export are criminals, you will keep on receiving deportees

uzzyfire:
guy, come to Lagos u will love d place

I've never been a fan of generators noises. I don't know how to live in a place without a proper night live.

uzzyfire:
My God, not dis dude again. and I tot d "shotdownhawk" guy was Ghanaian that's y I sed ghana

guy im not comparing nigeria with ghana , if at all I want to compare, i will compare lagos or abuja or calabar with Ghana not NIGERIA

Which world do you come from? How severe your obsession is; how do you compare sanity to insanity?

uzzyfire:
at least we are proud of something. abeg wat d hell is Ghana proud of

trying to compare yourself with Ghana again? Haven't I told you not to do that cos Ghana is too sane

lionel4power:
what if Assad was actually telling the truth and that it was really an airstrike against ISIS chemical plant that releases the gas...
.
oh well nobody cares about the truth.

I don't use if because Assad seems to be telling the truth. Why would someone who is already winning a war and diplomatic favour, launch a chemical attack? Don't we all no that Syria's chemical weapons were shipped to Europe?
Why is the US so Afraid of a proper investigation?
Seems Trump use Syria as a bargaining tool to brag to the Chinese president that, they can unilaterally strike North Korea too

Ikio:
and you think the U.S does not no that? U.S have the best millitary and the most powerful in the world.

if you launch 59 missiles and only 23 reach target then definitely not.

Saintp:
So if you are Putin you go to war with America abi? You guys stay in the comfort of your homes and cheer others to war.

Putin has done what he should do and this is exactly what America will do if it were the other way round. The losers are the people who have allowed themselves to be used as weapon testing ground not Russia or America. So if you think Russia will confront the US militarily because of Syria then you must be dreaming.

exactly non of them will confronted each other over Syria .
But it might just happen if the US try to insert itself to destabilize the already existing structure in Syria.

GreenandGold:
Dude, 59 Tomahawks increases the effectiveness on the target and also the probability of surviving air defences. Do you think they'll fire only 1? It doesn't work like that.

As for Russia, they'll NEVER get directly involved. You know it.

like the US can even dream of a direct conflict with Moscow
The US won't even attempt, cost they will pee in their pants once they hear the Russians are coming for them on Syria terf.

Zoharariel:
Deconfliction: A made-up term used by idiotic managers to describe the process of resolving problems ...

really proved you're a dummy.

Zoharariel:
More than half of the world population are aware & positive that the chemical attack in Syria was only used as a pretext by Amerika to invade Syria officially.

There's no doubt that the attack was carried-out by the CIA or atleast their terrorist proxies - as Russia or the Assad forces have absolutely nothing to gain in killing the same civilians that they have been fighting to protect.

A lot of questions begging for answers are running through my mind at lightning speed.

What happened to the S-300Growler? What happened to the S-400Triumf ?

How would other small & weak Nations - who have hitherto, been looking up to Russia for support & protection feel? Two words: Betrayed & Disappointed!

What then is the essence of the Russian intervention in Syria if all Putin could come up with is a toothless warning & condemnation?

I can understand that Putin has been trying to avoid direct confrontation with NATO but for how long shall we continue to overlook Amerika's impunity & blatant disregard for international law?

A popular Yoruba adage says: When the heaven falls, it won't fall only on a single person's neck - it affects everybody.

Scully, Putin is making me boil in anger!

learn what deconfliction is

GreenandGold:
Wait? The most sophisticated, most defended Navy in the world is sitting ducks? From who? The Syrians? Are you kidding me?

the Russians dummy
59 tomahawks for one airfield? Poor efficiency
And majority of the tomahawks did not set target

seunmsg:
I don't like Donald Trump but I salute him for this singular action. No time for bullshit or messing around with failed diplomacy. Break international law and get hit very hard. With this, I am sure Russia will rethink its support for Assad. The Syrian regime played easily into Trumps hand and he's going to squeeze it for all that it's worth. This is what Obama should have done way back when Assad first used the chemical weapon.

you are not sire right because the Russians have eliminated the means for this strike to happen again

GreenandGold:
We would all love to... But with AWACS + EA-18G Growler + Tomahawks, those S400 batteries stand no chance.

For all we know, they could have been attacked last night.

the US ships are sitting ducks and will be gone in a second
Now that there's no agreement

UncleJJ:
Ghana... that sh|it hole, ugliest men in Africa . Ghanian and South African girls are dying for Nigerian men.

Nothing moves in Ghana, if Naija no say so. Your entire fu|cking entertainment industry is on respirator and its a Nigerian generator providing the power to run it.

Rather hang out in Kenya , than Ghana... like South African's they can kill anything that carries a Nigerian scent ... fu}ckers are paranoid.

lazy guy, you are too poor to travel. Sit in your shit hole, no one want you in their country. Stop running away from your depression, embrace it.

Nowenuse:
West Africa has a population of about 350 million people and Mpesa does not have up to 1million customers in the entire region. So, how have they dominated or affected the life of the average west African?
Let's assume you Kenyans or E.Africans are the most informed Africans. How has that made East Africa better than W. africa? Bring another fact pls.

how come I haven't heard of mpesa in west Africa?
Almost 40billion Cedis worth of transactions passed through Mobile Money last year in Ghana alone.
I wonder the worth of transaction in mpesa

Maduawuchukwu:
That People migrate out of their country does not necessarily mean that they are poor. They might be looking for opportunities in areas where they feel the locals of that country cannot compete with them. That is the Story of Nigeria. We believe that while we can make a million dollars in our country, we can make even a billion if we migrate to those countries where the locals no dey use their Kidney. That is why you see us in other African Countries dominating them to the extent that it provokes envy on the part of the less-able locals as we see today in South-Africa.
And to further put a nail in the coffin of the argument that it is out of economic difficulty that we travel out, most Nigerians you see in other African countries are from the Southern part of Nigeria which is more economically viable than 95% of African countries and maintains a higher standard of living than most. Why will Southern Nigerians live their region and go to areas which are less viable on the African continent if what they running from is economic difficulty?

is Lagos not in southern Nigeria?

adabsmith:
Not meant for struggling. I don't have the capital to travel via air that's why i need to know the safest route via bus

why? Are you leaving Nigeria?