₦airaland Forum

Namaster:
When talking about GDP per capita, one thing to consider is POPULATION.

Argentina has a population of 46 Million.
Nigeria has a population of 245 Million.

We have NEARLY 200 Million MORE people than Argentina.
In fact, you can remove 5 Argentinas from Nigeria in terms of population and still have enough people left to populate SMALL country.

A HUGE disparity in population like that will inevitably skew per capita computations.

That said, there TOTAL GDP is still HIGHER than Nigeria.....and that of ALL other countries in Africa.

But when you compute TOTAL GDP in terms of Purchasing Power Parity, Nigeria's is HIGHER.

One of ONLY 2 countries in Africa to manage that.

Finally, Argentina's GDP also comes with a FAT debt of $549 BILLION resulting in over 80.3% Debt-to-GDP ratio.

Compared to Nigeria's GDP which comes with a debt of $103 Billion and a Debt-to-GDP ratio of 35.5%.

Fun fact:
Argentina also has a HIGHER GDP per capita and GDP per capita PPP than China.

Let that SINK in.

What matters is PRODUCTIVITY, and not necessarily Population.
Nigeria's problem us that our productivity is low due to poor infrastructure, low literacy levels, access to credit, human development index, high cost of doing business etc

logadims:
Hello Nairalanders,

As someone who is passionate about agriculture and entrepreneurship, I've decided to start a series where I visit successful agribusiness entrepreneurs across Nigeria to learn firsthand how they built their businesses. My goal is to share practical insights that can inspire anyone looking to venture into agriculture or expand their knowledge of the sector.

For the first episode, I visited an ex-banker in Port Harcourt who started his rabbit farming business with just three rabbits. Today, that small beginning has grown into a business worth millions of naira.

During the interview, we discussed the business in detail—from rabbit breeding to the income opportunities many people overlook. You'll discover how virtually every part of the enterprise has value, including the meat, breeding stock, urine, and droppings used as organic fertilizer.

Rabbit farming remains one of the least talked about agribusinesses in Nigeria, yet it has enormous potential for those willing to learn and do it properly.

If you're curious about agriculture, looking for a profitable business idea, or simply enjoy real-life success stories, I believe you'll find this interview enlightening.

Watch the full interview below, and I'd love to hear your thoughts afterward.



https://www.youtube.com/watch?v=l7atL6TAAt8

I just love these animals right from my childhood!

Oasisblue:
Lol. You overhype this your Netanyahoo. If he sure for am make he attack Iran solely and ask its bulldog, the US, to stand down and not interfere, make we check something.

Why are you disturbing the conversation between Iran and the whole world?

I no overhype anybody.

Iran told the whole world that if US atacks the country, they will attack and destroy Israel.

Iran was the first to attack Israel directly in 2024 when they fired about 400 missiles at Israel when Biden was still US president. That was before Israel killed their top leaders and military generals.
And we know that Iran has become stronger since that time. So what is Iran still waiting for?
Netanyahu is expecting a "call to action" from Iran.
.
Iran even said their former president is an agent for Israel's Mossad!
Iran is completely finished if that is true because it means ALL their military plans, secrets and top echelons are in the hands of Israel

Oil prices keep rising because of Iran-US war. I want it to rise higher and higher

When is Iran going to attack Israel na?
Iran was boasting, bragging that it will attack Israel if US should attack Iran. US is now attacking Iran, but Iran is facing Kuwait, UAE, Bahrain, Qatar, Oman, Jordan etc. instead of Israel. Wetin happen na? Iran don miss road?
Netanyahu is waiting, expecting someone to miscalculate and misfire a missile towards Israel.

Na that time we go know say every madness get im medicine! Israel na your mate?

And crude oil prices go rise again for Aradel, Seplat (I no mention any other company name ooo)

lawani:
The money was probably not deposited by mistake but even if it was not deposited by mistake, does it automatically mean that the account owner is a drug baron? It only establishes there was an attempt to use the account to launder drug money

Eii
Must you defend the Cat when it was caught with a dead rat inside its mouth?

Baxilexi:
Not really. Have you noticed that the US is putting pressure on the ICC to back off them. The IRGCs lifelines are running out. The Lebanese government is working against their proxy, the Yemeni government is working with Saudi in a new campaign against the Houthis.

They’re being put in a tight corner and no one would come to their aid.

The question is, how about living to fight another day? Already, the destruction there is in excess of $400b.
Would the Pyrrhic victory be worth it.

Don't mind them and their propaganda!
I am just praying that Iran should attack Israel. Let me check something.
Those malfunctioning brains must be reset by Netanyahu and IDF!

Uptownerd:
https://uptownerd./2026/07/13/irans-irgc-issues-urgent-evacuation-warning-to-residents-in-dubai-and-across-the-uae-after-us-attack/

Fake evacuation notice.
Trying to copy Israel's IDF standard operating procedure before they attack any place they operate in.

lawani:
Ok then let's forget about it. The article was not talking about rate which I also would not accept but about numbers.

Thank you. God will bless you very much.
Please, just pray for me that somebody, somewhere should mistakenly deposit like 500,000 dollars into my account.
You will be blessed abundantly

lawani:
Common sense says 19 million people can't have more millionaires than sixty million people in the same country. If you need constant dick measuring then why not with groups of similar population? If you say the SE have more millionaires than Benin republic, I will say you are most probably right

Obviously, you don't get the difference between RELATIVE and ABSOLUTE.

It is like someone telling you that a country e.g. Kenya, Uganda or Ghana, has a higher adult literacy rate than Nigeria, and you are arguing that it is not possible because Nigeria has more population (200 million+), more universities and more PhD holders and professors!

lawani:
You have a big problem. That is what you do that I have devoted myself to degrade. It is actually nauseating to always be comparing 19 million people to almost sixty million people in the NW or SW. If the stupid dick measuring can end, I will be so happy. As in how now?

Comparing the pros and cons, attributes, qualities of a people is NOT ALWAYS about population! Is this too difficult to understand?
When someone makes such comment as made by the OP, you should know that he is speaking in RELATIVE terms and not about absolute numbers! He did not compare any region based on absolute population numbers.

If you still do not get it, I wish you best of luck in your bliss!

FreeStuffsNG:
Netanyahu seeks 5 more years of security for family even if he loses power


https://www.ynetnews.com/article/ryeqajmvml#google_vignette

God bless Netanyahu and his family.
I love the man. He is just too good!

lawani:
Nations or zones in Nigeria just as in anywhere are successful according to population, urban agglomeration which is an indication of organization and HDI.
In population the SE is the least and it is around one third of the SW or the NW. In urbanization it might be second to the last ahead of maybe only the NE and in HDI it is number one as a zone but below Lagos or Ogun state as stand alones

So how did he count millionaires to say the SE is leading? Is it people with one million dollars of which half of them are in Lagos or he counted people that own their own homes of which the majority will be in the North as they buy more cement? I wonder what he used to arrive at his conclusion?

If the SE had the population then they would stand a better chance of pulling more weight

The OP mentioned the pros and cons of every zone; the post is not biasedly tilted against any region.
Stop making every topic, debate, discussion a SW vs SE affair at the slightest opportunity! It is irritating, shallow and does not cast one as a well informed, objective fellow.

megawealth01:
There is definitely something fishy about Jagaban. I don't just want to talk as there's nothing hidden under the sun

Even Gbajabiamila also had a case in US and he was penalized (i.e. found guilty). Today, he is Chief of Staff

megawealth01:
Well that's not how it works. Americans abuse TRUMP daily online

We were in this country when someone, a politician, opened his mouth and called a sitting president, a ''drunken fisherman'', apparanlty insulting the president and the traditional occupation of the president's kinsmen!

HesInMe:
Even you sef? I've read your posts; I can tell you're better than this na. Don't let Naija's issues cloud your objectivity.

Don't worry yourself, abeg
Some people would not even try and do some little research before they talk very loudly about a matter.
There are certified US court documents that show that someone forfeited about 460,000 dollars to aUS court in a drug trafficking and money-laundering related case as far back as 1993.
These documents were all tendered in Court!
And someone is here talking what?

Oasisblue:
Bring your own analogy biko. If there is ever any criminal drug-related conviction for the Niegrian president, kindly show us. You think the US takes drug crimes lightly and Tinubu will be walking free after so many years if indeed there is such criminal case against him? How many sitting or former heads of countries have the US captured, tried and jailed for their roles in drugs trafficking?

Dey play!

Please, don't drag me into this ridiculous thing.
If the analogy suits your fancy, go throw a party and celebrate it!

lawani:
President Tinubu have identity issues not drug issues. He was not convicted in the US for drug running. You can not be convicted just for money that entered your account. You yourself must have had your bank account used by another person a few times and you can't be sure of the true origin of the funds.

Lawani, Lawani, Lawani!!!
Why now
This your theory/analogy can win Guinness World Record award! Haba!

Oasisblue:
'If Iran feels they can fight let them attack the US directly'

What a very juvenile argument

Should I also say if the US feels they can fight let them send footsoldiers to Iran. We all know that is the definitve way of defeating the regime. So, why arent troops on their way?

Is Israel fighting with Lebanon, or with Hezbollah? Of what relevance is an agreement with a lame-duck Lebanese government that could not even maintain a military strong enough to kick out the shia milita or stop the IOF from destroying their country? Attacking those countries you mentioned is a strategy of war as they host their enemy's military basis, which are used to attack them. The homurtz and the sitting duck military bases are their own strategic edge in this conflict and if I were them I would leverage it too.

Stop arguing against yourself!
If Israel was fighting Hezbollah, then why was Iran shouting hypocritically about ''Lebanon''? Why did Iran not mention that they were seeking protection for Hezbollah instead of mentioning ''Lebanon'' to deceive the world? You see the hypcorisy?

US is fighting Iran directly, that is why they are bombing Iran and installations inside Iran! Let Iran also shoot its missiles directly at US and hit installations inside US e.g. in New York, Chicago, New Jersey, Washington etc. That is what I mean by saying they should fight US directly. They can also attack the US warship in the ocean. It is stupid cowardice for Iran to attack peaceful UAE, S. Arabia/Qatar, Oman, Bahrain, Kuwait etc. whenever US attacks it!
In case you have forgotten, there are 3 arms of the military: the Naval, Airforce, and Army;
In international wars where the warring countries do not share land borders, air-borne weapons e.g. missiles, drones, warplanes are the main instruments used to prosecute such wars.
The Army (ground forces) are used mostly where the countries share land borders e.g. Russia and Ukraine; Iran vs Iraq etc

Oasisblue:
Lol. All these Nigerian wannabe Israelis amuse me. What happens in the US doesnt concern you but you spend your time here defending tRUMP. The same man that ran on 'No more ways' is now attackign countries across continents and it is okay to you.

By the way, Tinubu is doing mostly waht he promised: fuel susbsidy removed, Naira now on a managed float, etc. It is weird to criticize Tinubu while defending tRUMP. Compared to tRUMP, Tinubu is Mother Theresa!

So it is now about name calling? Okay, continue if that satisfies you.
Based on the antecedents of the people/groups that you support (Hamas, PIJ, Hezbollah, Houthi Rebels, Iran Ayatollah regime etc. and what their sister organizations are doing in Nigeria), there is a lot of ''names'' that I can call you or use against you.

Oasisblue:
Who said he wont complete it? he will become a lame duck if he loses the Congress and may be impeached again. If he loses the Senate it would even be worse.

This strait of Hormuz was free to everyone before he started his misadventure in February. Now countries have to either pay a toll to Iran or the US or both, further inflating oil prices.

This sounds defeatist. If Iran knows they can fight, let tbem attack US directly. The Strait of Hormuz is a diversionary tactic .
Same way they were using Lebanon as an excuse. Fortunately, Israel and Lebanon have reached an agreement brokered by US.
But the fools still went ahead to attack commercial ships in the Strait because they wanted the ships to use the Iranian side of the Strait by force instead of the Omani route.. Now, we shall see the excuses that Iran would give .
Attacking UAE, Qatar , Bahrain, Kywait etc is just stupid.
Why are they not attacking Israel if they know and believe that they can fight? After all, Israel killed most of their leaders and top military generals

[quote author=megawealth01 post=140016198][/quote]This Trump no go kill person ooo
He is taking some pragmatic and practical steps but also jumping the gun too early. How do you charge 20% of freight cost? For how long? For how many ships? To reimburse what cost?. Who is doing the reconciliation?
A typical business man. Everything is tied to a deal, deal, deal !

SonofElElyonRet:
According to Peter, price of Oando should be going up in view of Iran USA conflict

Peter just dey brag na. Na so im senior master dey brag for Jesus but at the end he denied our Lord and ran away.
!
Oando's price cannot rise now if they do not release good results for Q1 or announce positive outcome in their plans to raise fresh capital.
No be Oando be the only company wey dey sell crude oil. Aradel and Seplat also dey sell crude oil

megawealth01:
https://www.nairaland.com/8708767/2022-tinubu-promised-pay-waec

Na the comment section sha 😂😂😂😂😂

NAIRALAND no dey ever forget

This internet can ''catch'' anybody, any day, anytime

[quote author=EmmyMaestro post=140011296]

"It’s get boring, it’s get tiring to be sharing the same space with your partner everyday" - Man shares one of the reasons he doesn't like the idea of marriage. pic.twitter.com/wMok1kvavJ

— YabaLeftOnline (@yabaleftonline) July 12, 2026

should understand basic English: we make this mistake too often.
Once you use: ''one of '' then what follows must be the plural form',
One of the reasonS ; (not one of the reason)
One of the boyS (not one of the boy)
One of the wayS (not one of the way)

Oasisblue:
https://leadership.ng/stockbrokers-hail-ngx-for-london-engagement-with-ftse-russell-on-t1-settlement/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%23107677+%3D%3E+DAILY+HEADLINE+NEWS&utm_content=f6dd2cf0db8a49cf3443635c1acdb77864fd84f2


Very proactive step by NGX. I hope it repositions Nigeria back to being classed as Frontier Market by September, 2026

Globally, T+1 and T+2 are the standard accepted trading cycles.
So I don't understand the fuss about FTSE Russell.
NGX should carry go; the investing public supports them on this.

escortafrik:
My uncle is 70 years old and owns about 10 blocks of flats in Surulere, Lagos. Today, he makes around ₦40 million annually in rent, and that investment allows him to live a very comfortable life.

What makes his story interesting is that he didn’t become a property owner overnight. He was a civil servant and built the property gradually through his cooperative savings over almost 20 years.

I have always admired his journey, and recently I started asking myself:

Is property really one of the best long-term investments someone can make?

But when I discussed this with my cousin (his son), he had a completely different opinion.

He said if he had that same money today, he would rather invest in stocks or other assets. His argument was that he remembers the difficult years when the family struggled because a large part of his father’s salary was deducted for cooperative contributions and building the property.

He also pointed out the challenges that come with being a property owner:

Maintenance costs

Tenant issues

Time and stress managing properties

The fact that money is tied up and not easily accessible

But I still believe there is something powerful about owning property. Land appreciates over time, it provides security, and it can create generational wealth.

Some of my friends also disagreed with me. They believe businesses, stocks, and other investments may provide better returns and more flexibility.

So I’m bringing this question to the forum:

What do you think?

Is buying a house the smartest investment a Nigerian can make?
Or Should people focus on other investments before buying property?

I would like to hear your opinions 👇


https://community.escortafrik.com/d/296-is-property-still-a-good-investment-in-nigeria-today

What is sustaining big billionaires like Okoya, Folawiya etc is not their investments in stocks. It is their investments in property.
But make sure the property is situated in a place where rent income is good. Your uncle is lucky because Surulere is a hot cake!
Just think about the rent income that Okoya is receiving from all his assets littered all over Lagos.

Remember, the investments in stocks can be lost if the company should fold up or get liquidated. But it can also give you higher returns if you are fortunate. High risk higher rewards.

But for peace of mind, properties in choice areas are the best.

Drsnives:
Happy weekend! How are you all doing my people?
So I went to my farm yesterday to observe my crops, I was about leaving before I remembered to go and observe my trap if I would be lucky. So sad it was a very small bush mice my trap caught.
The meat is small but wastage is a sin here.
Your guess is good as mine

Human beings are just wicked!
Imagine if Baba God should be setting traps to catch human beings, sinners like that? Will you survive it?
Very wicked person.
The ''God'' of that rabbit/squirrel will judge you!

DeltaBachelor:
Agents people na wahala people abeg

Dont pay anything to the agent that he does not deserve or work for"

Agreement fee: it is not the agent to do any ''Agreement'' with you. It is between you and the landlord

Legal fee: it is between you and the lawyer that drafts and witnesses the Tenancy Agreement between you and landlord.

Caution fee: it is between you and landlord' The agent does not own the house for him to receive any ''caution'' fee from you. There should be a separate receipt and refundable

Agency Commission: this is what the agent should receive; and don't let them split (duplicate) it by saying ''Agency fee'' and ''Commission''. It should be one single fee: Agency Commission.

Oasisblue:
Its really red in the market today. NASCON, UNILEVER, ZICHIS, CADBURY, PZ, BUA Cement, etc losing or on the way t losing a full 10%

And the Middle-Eastern crisis is not giving us joy on the US Stock exchange either.

You are playing ''home'' (NGX) and ''away'' (NYSE/NASDAQ) at the same time?
Watch your ''legs''! Avoid ''dislocation'' or ''cramps''!

ppogba:
Anyone old enough to be on this platform and who claims to have anything with stocks and the NGX should not take such a comment as a basis for an investment decision.

A staff or two of CNN alone may be worth more than DAAR as a whole.

I have no SINPathy for anyone who takes my comment without a bag of salt.

Okay, that means the floodgate should open for anyone and everyone to drop all the false investment and business news they can coin or think about listed NGX stocks?
My goodness!

emmaBS:
That's not false news. It's clearly a joke. Warner Bros market capitalisation is about US$67 billion. Who dash monkey banana? No one should take that seriously.

You see as a joke because you know Warner Bros' market capitalization.
What about those who do not know?
Jokes or no jokes, I think people should not be giving false investment news on this platform. We can make other forms of jokes.
Otherwise, it may affect the integrity of business/investment info shared here.

emmaBS:
He was catching cruise. Na you dey overly serious.

But this platform is not only me na? There are others too who may read that information and take it seriously as well.
As far as I know, people here do not spread such false news about acquisitions; it a serious thing that impacts stocks prices.