₦airaland Forum

SOME RECNT AQUIRED HARDWARE

PANHARD VBL ---72 UNITS(MORE could be COMING!)
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OTOKAR COBRA----204 UNITS
55 units were delivered in 2007
149 units were delivered in 2008
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DEFENCE MINISTER GODWIN ABBE (R) SHAKING HANDS WITH BRIG.-GEN. CHRIS OLUKOLADE, DIRECTOR OF ARMY PUBLIC RELATIONS, DURING A VISIT TO THE ARMY HEADQUARTERS IN ABUJA ON MONDAY (10/8/09).
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The Mi-24V was the most advanced variant of the Mi-24 which was interchangeably called the "Mi-35"(\
There are some noteworthy differences in the main gun, the airframe, avionics, IR signature and hovering abilities.The NAF fly both the Mi-24V and the Mi-35P. They received Mi-35P in 2001 and 2009 and Mi-24Vs from Ukraine in 2008 and from Russia in 2009.
M24-Helicopter gunship
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MI-35P HELICOPTER GUNSHIP
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NOW DELIVERED,
TWENTY UNITS OF DUTCH-BUILT TP MARINE X-38/K-38 CAT COMBAT CATAMARANS
This a hi-speed, dual-purpose gunboat and troop carrier. More options for regular naval forces, special forces(Special Boat Service) and Army amphibious forces.
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NOW DELIVERED,
THE TECHNOLOGICAL ADVANTAGE
*ATR-42MP SURVEYOR MARITIME RECCE AND RADAR PLANES, will cover the entirety of Nigeria's EEZ and our Gulf of Guinea maritime frontiers from any point along our coastline
*UNMANNED SEA AND AIR PILOTLESS VEHICLES
* RADAR STATIONS, NEARING COMPLETION. Intended to span the entire length of the 853km coastline of Nigeria
Seastar USV
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TROOPS OF THE 11 FIELD ENGINEERS REGIMENT, NIGERIAN ARMY, ALIGHTING FROM A UN AIRCRAFT AT THE NNAMDI AZIKIWE INTERNATIONAL AIRPORT, ABUJA, ON MONDAY (17/8/09) AFTER THEIR PEACE-KEEPING MISSION IN LIBERIA.
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NIGERIAN NAVAL BRASSHATS AT THE NIGERIAN NAVY TOWN, OJO, LAGOS.
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Master Sgt. Christopher May helps restore one of Nigeria's C-130 transport aircraft to flying condition as part of an ongoing military-to-military engagement between 17th Air Force (U.S. Air Forces Africa) and the West African nation. Sergeant May is from the Tennessee Air National Guard. (U.S. Air Force photo/Lt. Col. David MacKenzie) https://farm4.static.flickr.com/3221/3862333744_3758410b2b_o.jpg

The president views the JOPEX 2009- OPERATION OLOGUN META,in ondo state(Mock war excersise)
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[b]The three services were involved. The landing beach contingents sailed to the harbour in small gunboats belonging to the Nigerian Navy. They troops came from three naval mother warships - NNS KYANWA, NNS OBULA & NNS NWAMBA – stationed in the Atlantic Ocean. And the three warships, in addition to acting as amphibious troops, softened the beach front base of ‘enemy’ positions. The troops, drawn from a Brigade of the Nigerian Army, had stayed for three days aboard the three naval cat-class warships. The vessels had spent 15 hours for the journey from Lagos to the exercise area.

The assault troops, brought in by naval assault ships, landed at the beach front, taking positions. This is as resistance continued from the enemy positions. Waves of amphibious forces continued to beach land, to support earlier troops. Two NAF MI-35 helicopter gunships landed near the enemy positions, inserting Special Forces troops. Following the successful insertions, the Special Forces joined the amphibious forces in routing the enemy troops from own positions, forcing them to withdraw. And with the island successfully captured and held by the Infantry troops, the administrative elements were given support as the amphibious gunships maintained patrol in the waters.[/b]

kai!!! why now?
what did they say was the reason for them banning you?

Paddy_lo, who banned you?

i dont know yet,but i think they mistook one of my posts explaining the capabilities of the NNS ARADU,for spam

^^^ you get two accounts?
what happened?

i got banned by some incompetent robot,

Are these the same guys that[b] raped[/b] the women in Sierra Leone and Liberia?

US soldiers in OKINAWA,Japan u mean

Do not feel the Cops are above the law in anyway

ha ha, read this,


By Paul Craig Roberts

The US has every characteristic of a failed state.

The US government’s current operating budget is dependent on foreign financing and money creation.

Too politically weak to be able to advance its interests through diplomacy, the US relies on terrorism and military aggression.

Costs are out of control, and priorities are skewed in the interest of rich organized interest groups at the expense of the vast majority of citizens. For example, war at all cost, which enriches the armaments industry, the officer corps and the financial firms that handle the war’s financing, takes precedence over the needs of American citizens. There is no money to provide the uninsured with health care, but Pentagon officials have told the Defense Appropriations Subcommittee in the House that every gallon of gasoline delivered to US troops in Afghanistan costs American taxpayers $400.

"It is a number that we were not aware of and it is worrisome," said Rep. John Murtha, chairman of the subcommittee.

According to reports, the US Marines in Afghanistan use 800,000 gallons of gasoline per day. At $400 per gallon, that comes to a $320,000,000 daily fuel bill for the Marines alone. Only a country totally out of control would squander resources in this way.

While the US government squanders $400 per gallon of gasoline in order to kill women and children in Afghanistan, many millions of Americans have lost their jobs and their homes and are experiencing the kind of misery that is the daily life of poor Third World peoples. Americans are living in their cars and in public parks. America’s cities, towns, and states are suffering from the costs of economic dislocations and the reduction in tax revenues from the economy’s decline. Yet, Obama has sent more troops to Afghanistan, a country half way around the world that is not a threat to America.

It costs $750,000 per year for each soldier we have in Afghanistan. The soldiers, who are at risk of life and limb, are paid a pittance, but all of the privatized services to the military are rolling in excess profits. One of the great frauds perpetuated on the American people was the privatization of services that the US military traditionally performed for itself. "Our" elected leaders could not resist any opportunity to create at taxpayers’ expense private wealth that could be recycled to politicians in campaign contributions.

Republicans and Democrats on the take from the private insurance companies maintain that the US cannot afford to provide Americans with health care and that cuts must be made even in Social Security and Medicare. So how can the US afford bankrupting wars, much less totally pointless wars that serve no American interest?

The enormous scale of foreign borrowing and money creation necessary to finance Washington’s wars are sending the dollar to historic lows. The dollar has even experienced large declines relative to currencies of third world countries such as Botswana and Brazil. The decline in the dollar’s value reduces the purchasing power of Americans’ already declining incomes.

Despite the lowest level of housing starts in 64 years, the US housing market is flooded with unsold homes, and financial institutions have a huge and rising inventory of foreclosed homes not yet on the market.

Industrial production has collapsed to the level of 1999, wiping out a decade of growth in industrial output.

The enormous bank reserves created by the Federal Reserve are not finding their way into the economy. Instead, the banks are hoarding the reserves as insurance against the fraudulent derivatives that they purchased from the gangster Wall Street investment banks.

The regulatory agencies have been corrupted by private interests. Frontline reports that Alan Greenspan, Robert Rubin, and Larry Summers blocked Brooksley Born, the head of the Commodity Futures Trading Commission from regulating derivatives. President Obama rewarded Larry Summers for his idiocy by appointing him Director of the National Economic Council. What this means is that profits for Wall Street will continue to be leeched from the diminishing blood supply of the American economy.

An unmistakable sign of Third World despotism is a police force that sees the public as the enemy. Thanks to the federal government, our local police forces are now militarized and imbued with hostile attitudes toward the public. SWAT teams have proliferated, and even small towns now have police forces with the firepower of US Special Forces. Summons are increasingly delivered by SWAT teams that tyrannize citizens with broken down doors, a $400 or $500 repair born by the tyrannized resident. Recently a mayor and his family were the recipients of incompetence by the town’s local SWAT team, which mistakenly wrecked the mayor’s home, terrorized his family, and killed the family’s two friendly Labrador dogs.

If a town’s mayor can be treated in this way, what do you think is the fate of the poor white or black? Or the idealistic student who protests his government’s inhumanity?

In any failed state, the greatest threat to the population comes from the government and the police. That is certainly the situation today in the USA. Americans have no greater enemy than their own government. Washington is controlled by interest groups that enrich themselves at the expense of the American people.

The one percent that comprise the superrich are laughing as they say, "let them eat cake.

how the hell do u deposit 300million to someone and not track it afterwards, this case is very easy to crack, just print marked bills, drop it off to the boys and then wait for them to spend it on any big ticket item like a car, or even wait for them to deposit it in the bank, anyway the Nigerian house of assembly(i know they are very slow sha), should pass a bill making kidnapping punishable by life imprisonment no bail,

Saturday Sun gathered that respite only comes the way of George when his political associates visithim during the day. Such associates are said to offer him their handkerchiefs to mop up sweat as well as fan him with newspapers.

HAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA, LOL, make una no kill me with laff abeg,

Comparing Nigeria with the US and UK in the way you did above only shows you are coming at this from a point of Bias.

Maybe my bias is because i am Nigerian, but honestly i have lived in the US for 5yrs now, after living in nigeria for 22yrs, and Nigeria and the US are alike in more ways than one, the rich run both places, people are not really free here, they are slaves to the next paycheck, and the cops here are generally above the law,

Last I checked, that the pilots are on food a stamp is actually a PLUS considering if pilots in Nigeria where laid off now, many of them would have nowhere to turn for help. In fact, many might resort to begging if care is not taken.

I am sorry if i did not elaborate, the pilots were not laid off, they are actually still working but make so little that they have to be on food stamps, (pls google it to read more the story came out like 3weeks ago, and is very widespread)

Not everyone abroad comes back to Nigeria to cherish it WITH NEPA problems. We all react differently to the situation. Let us please stop trying to IMPOSE our personal take on issues on others as it does not apply. There are thousands of Nigerians who leave, go back to Nigeria, and then leave, never to go back again.

thats true, but i am not trying to impose, just my opinion, but its true, though i have seen so many people make the one way journey back home, one of my boys actually just moved back last yr, and my uncle a medical doctor who has been here since 1985, is moving back for good next yr,

@paddyboi

In (very) many words. You are asking for true federalism and 100% resource control.

We would need to change the constituition to accomplish that.

I agree with you 90%.

@Beaf, Finally we agree on something, lol

It is NOT magic that we have survived the way we have so far. If you consider that next to passive/submissive nature of the individual Nigerian, you would wonder less of how we have survived. I mean the same could be said of all of Africa.

i wouldnt say Nigerians are passive and submissive(i mean we are known world over to be agressive), but thats a different matter, however we are not like other africans, i dont think we will be repeating the rwandan experience in Nigeria anytime soon, or somali, or sudan, we have learnt to live with each other somehow, and i hope it remains that way, afterall we should fight to make the pie bigger, not fight for crumbs,

Sorry I can never cherish any country where I pay heavily on electricity bills and not get what I paid for in full!!!

ha ha, life does not begin or end with electricity, there are certain things about where u come from that are priceless, like your culture, if u understand your history, nay the history of your ancestory, u will know that your roots run deep, we can all buy some electricity from the market with generators, nobody can buy your roots from u , thats deep, its something to cherish

OK i didnt read all the replys but here is how i feel,

Basically Nigeria is a blessed nation, but i must admit it only took me travelling out of the country to realize it, so am not going to be too harsh on those that are mad at naija, however i concur with the poster, if those of us living in NIgeria could get a chance to travel out to canada, U.S, UK, for a while, they would come back and cherish nigeria more, even with the NEPA, problems and all, i wont even get into the things wrong with these western countries or how we are better off than them in certain aspects, but i'll give u an example, the other day it was in newspapers about pilots in america, making so little money that they are on foodstamps, the u.s is a country where 1%, owns 90% of the wealth, do u know what the rest of the people do?
they work day in day out, pay taxes so it can be used to build weapons and bombs that the us drops on other nations, but i digress,

I think that Nigeria can be greater, (because i already believe its a great nation), many people that criticize her, should instead wonder at how we have survived as a nation so far where other nations not as diverse have torn themselves apart with endless war, we are the only nation on earth with 50% christian muslim population, that is not at war, add the estimated 200 plus languages and u know its a nightmare to achieve peace, but Nigerians generally leave in peace with one another, i went to Secondary school in lagos half my friends were muslim, in university my best friend was/is a muslim from auchi, and i regularly went to auchi for salah, these kinds of relationship is unique to NIGERIA, i would like someone to point out another nation in the world that this happens, u even have riots in london btw muslim and christian youths,

Now, how do we move forward as a nation, i believe that we genuinely have to reduce the importanc eof GOVT in our lives to move ahead, i mean stop GOVT from being sole producer of power, or importer of FUEL, or owner of refinery, or builder of roads, there is NOWHERE in the WORLD that GOVT does anything well for anybody, From the united states to the old USSR, the very nature of govt is to be inefficient and slow, that is why NITEL could not provide 5million phone lines in close to 30yrs, but MTN could do it in3yrs, thats the beauty of private sector enterprise, its like mathematics, when u unleash it everything falls into place like a beautiful equation,

Everything we need in nigeria if we think about it the private sector can provide it cheaper and more importantly with a sense of urgency, because the sole purpose is to make a profit, so what to do?, the roads, ??, Lease all federal roads, let companies bid for them,to maintain, and run the roads for a period of 5yrs at a time, they can build toll gates at determined points on the roads, Power, ??, Let govt liberalize the sector, invite companies to lease and manage federal govt power plants for a specific time period, if the GOVT likes it may retain full ownership, or divest 40% stake in all power plants, same with ports, refineries,
NNPC?, NNPC should be privatized immediately, Govt should retain 40% ownership, 50% of the shares in the new private national oil company should be sold on the open market, while 10% should be held in a TRUST, for the people of the niger delta, It is a shame that after many decades NNPC still is not an international oil company, whearas newcomers like PETROBRAS, (brazil), PETROCHINA, (china), and CITGO(venezuela) and ARAMCO(saudi), are thriving, PETROBRAS, and PETROCHINA are both listed on the NEW YORK stock EXCHANGE, PETROBRAS(PBR) is worth about, $117BLN(Dollars), while PETROCHINA(PTR) is worth $220bln(Dollars), this is at the close of the markets last friday, on the NYSE, this shows that NNPC is worth a lot more to the country when Private, it should be noted that the GOVTS of BRAZIL and CHINA, both own significant stakes still in both companies, so they recieve returns in form of annual dividends running into billions of dollars,

so what should GOVT Focus on, it should focus on rule of law, the judiciary(anti corruption fight), education, the military(we should have a large and well funded military), electoral reform, and generally charting stable macroeconomic policies through the CBN, If all these are done NIGERIA, will be one of the largest and most sought sfter emerging markets/economies in the WORLD, and in 20yrs, PERHAPS one of the 20largest economies in the world, PEACE

I am igbo and biafra is a PIPEDREAM, the average igbo man is too corrupt, indisciplined and ignorant to govern himself, is it the likes of andy uba that will be president?, where are the resources?, what will the currency be anchored on?, where is the access to the sea, or will u annex calabar and rivers state too, ?, Ojukwu was a FOOL, egotistical bastard that had to kill millions of igbo to justify his stupid war, and i am 27yrs old so i know what am talking about,
the world is global, nations are forming unions, because only the strong survive, and some idiots are clamoring for BIAFRA, a landlocked landmass that only exists in history, now overtaken by events,
its o.k though, some southerners in the U.S, still wish for the confederate states of america, and fly rebel flags, keep dreaming like them, @POSTER, u just made my day.

because halloween is bull sh**t, only kids really celebrate it here sha, we dont need that crap in naija,
p.s i believe privatisation will solve our power problems, government has no business providing power, over here most power utility companies are private, (though well regulated due to the sensitive nature), and trade on the stock market,

GDP is of no use in describing Nigeria's economy because, it really is a measure of the economic activities of Shell, Agip, Chevron etc. Their operating capital is based abroad and they are all allowed to repatriate 100% of their profits.
The reverse is the case in the countries you thumbed down; Israel, New Zealand and Singapore, they all have productive local investments. We have none, we basically have no economy.

i will try this one last time with you, not because i really care about your ignorance, but because i dont want other nigerians on here to actually think that u are making an iota of sense, so here goes,

The United States economy GDP is valued at $14trillion dollars, of this amount 70% is accounted for by services, (google this and find more details, if in doubt, but any freshman economics student will tell u this),
Now 70% of 14trillion dollars is roughly $9.8trillion, (just keep this in mind for  a second)
The united states has no limits on capital flows, capital comes and goes freely, The united states has lots of multinationals operating in it, who are free to repartriate capital as they please, from toyota, to nokia, to venezuelan oil company CITGO,

now here is what mr ignorant(beaf), is arguing, that because the U.S has no limits on capital, and also has foriegn companys operating in it, that u should automatically, remove $9.8 trillion from U.S GDP, (because services dont count, ), and then while u are at it, remove whatever taxes any foriegn company pays, remove whateva productive capacity any foriegn company has, and so on, just because he is not satisfied, or does not believe it adds to US GDP,

This is a very ignorant way of thinking, economics is usually called a social science, social because it studies human nature and science because there are basic laid out macro, economic models used in the study of economics, these are like the laws of physics, u cannot wake up one day in 2009, and start arguing blindly, it belies your true motive,

Now back to the services component of the U.S economy, if u apply your reasoning a whole $9.8 trillion dollars would be cut from U.S GDP,
Remember services has nothing to do with manufacturing, or power, or production, or any of the things u argue that Shell, Agip, Chevron bring to the table,

In 2009 the world economy is basically global, capital will go to where capital is treated the best, i doubt that Israel, New Zealand and Singapore, have limits to capital in their countries, as a matter of fact i can tell u that they dont, and whateva foriegn companies investing in israel, (like INTEL, ), which announced it will build a brand new chip factory in northern israel, do take their profits home to the U.S, as a matter of fact their profits have nothing to do with the U.S or Israel as long as they pay their taxes, it belongs to the shareholders of INTEL, thats how it works in a global economy, and that is how my dear friend it works in Nigeria, have a good day.

Mr. Sanusi or "Imam" Sanusi should understand that CBN governor post is not a position for political campaigning and unrealistic promises

Nigerians get too emotional and tribalistic too quickly, if u actually study economics, and study the impact of a financial crises on an economy, u will know that what sanusi is doing is what was done in japan, and what is being done in the U.S right now, the banks are the financial lifeblood of any economy, u cannot have zombie banks running around, and expect growth, so mr sanusi, or mallam sanusi seems to be on the right track
the bank directors should be the target of your anger, they are the ones that destroyed shareholder value with reckless risk management

Just convince me that Nigeria's GDP is not the "GDP" of Shell, Chevron and the likes, majority of whose money doesn't touch Nigeria (don't forget they are allowed to repatriate like 100% of what they make).
The other thing to convince me about is that Nigeria actually has an economy. I say, it has NONE.

ignorance seems to be a virtue with u, where am from they say opinions are like assholes cause everyone has one, u though seem intent on talking out of your a*ss,

I don't know where u got this fact since FG is injecting $2 billion into the economy. I don't know who has been asleep for the past 2years, Nigerian economy has been under severe stress for the past two years. I would want you to succinctly point to the areas of the economy that are bucking the trend.

My point is that the worlds economy has been in recession for the better part of 2 yrs now and is just coming out of it, so naturally the effects of the recession has also hit Nigeria too, since we are in a globalized economy now, for example oil went from $148, to$38, this hit all oil producing countries hard, i know that in nigeria it also affected the banks.

It seems to me that you are agreeing to all the points I listed earlier but one, now can we maintain an economic growth that will outpace that of South Africa in the next 14 months? Our benchmark here is South Africa not Eritrea.

i am not agreeing to any point u made my friend, i am showing u that all u said about naija is present in a larger scale in the so called developed economies because of the global recession, about outgrowing south africa, if u mean annual economic growth we have been growing at close to 6% on average for the past 5yrs while they have been growing at close to 3%, so we outgrow them annually already so to speak,
if u mean how our economy will be larger in 14months?, well if we grow at a compounded rate of 8% for the next 3yrs(2010, 2011, 2012), then we should be larger, by the end of 2012, the point really is that sometime in the near future the Nigerian economy will be the largest in africa,

They are all developed countries. . . Still not impressed?

No frankly am not, Israel is a susidized nation, getting 3-4bln dollar a yr from the United states since 1970s and basically living on borrowed time on a desert, here in Nigeria u can fit 1000 israels into our land mass, ,we have a landscape of our own, from our garden of eden in calabar to huge landmass up in the north, only a fool would compare Nigeria to israel, as for new zealand its an agricultural based country, there is nothing special there, singapore on the other hand is pretty impressive, but again if it could own just 1qtr of nigerias landmass it would probably give up all its foriegn reserves of close to $200bln just to buy it,
my point is that in the future especially with global warming a lot of countries are going to be in trouble, espesially in europe and asia, countries like the U.K, might actually be washed away, Nigerians, and Africans in general will have a huge role to play in ressettlling those people, therefore our land mass is a huge asset,
we already have countries like south korea trying to buy farmland in africa just to feed its people,

Back to GPD debate
C + I + G + (X – M) Textbook definition of GDP
C= Consumption, I= Investment,G=Govt expenditure X= net exports,M=imports. Could you tell us where Nigeria has done well in to respect to all these factors and why it's likely that it will overtake SA in 14 months. Please make your points so that some of us who don't know anything about economics will understand.

This is a very rudimentary defination of GDP u just wrote down but i will try and break it down to u,

C, Consumption, consumption measures the services sector of an economy, that is all the demand present in an economy and all economic activity done to satisfy that demand, so the banking service, airlines, transport, ad agencies, those that buy and sell stuff in naija(not make, ), movie industry, telecomms, and so on, this is a huge part of GDP in nigeria, (it may actually be under counted due to our large informal sector), in america this part of GDP makes up 70% of theirs,
It is actually a very good thing especially if u have a large population, because u can stimulate most of your localeconomy without relying too much on exports, that is why export led economies like china are trying to implement changes to the economy that would encourage local consumption and reduce shocks from a global meltdown
--where has Nigeria done well?, our large population means there is going to be continued increase in consumption demand, everything from power needs, to houses, to mortgages, to banking services, to telecomms, to hotels, u name it, this means the services component of Nigerian GDP will continue to grow fast into 2020

Investment, Investment can be derived from 2 places Foriegn direct investment(FDI, ), and the savings of a population which is then channelled through the banks to investments in the economy, Nigeria still attracts the largest inflow of FDI into africa, in terms of savings being channelled by banks, after the bank capitalization by soludo our banks became big enough to handle this task, Just the other day First bank announced plans to raise #500bln infrastructure bonds,
----where has Nigeria done well?, we still attract huge sums of FDI, some yrs to the tune of 2/3rds of all FDI coming into africa, our large population means that we can channel bank deposits into, needed investments, pension reform means that, such monies collected can be invested in the stock, or bond markets, helping further to channel money to investment

G, Government expenditure, well this can be in the form of deficit spending or otherwise, i think recently Nigeria has been living within its means, so deficit spending is not too high, but Govt spending as a percentage of GDP is still high in Nigeria, i think close to 50%, we need to bring this down to 20%, or perhaps raise the private sector portion much higher and hopefully more banks will follow 1st banks lead, that is how it is done over here, u float long term bonds to provide short term infrastructure,

Where Nigeria has done well?, this is my least favorite component of GDP, Government spending crowds out the private sector of an economy, (except during a recession), Nigeria does have a lot of Govt spending but it should be cut down, and the funds used to stabilize the macro economy in general,

X-M, exports minus imports, its true we do a lot of importing but the value of our exports still outweigh the value of our imports thats why we have the largest foriegn reserves of any country in africa at $44bln, and the second closest country, south africa is at $35bln, while egypt is at $31bln(economist.com/indicators),

what u should take away from GDP figures is that it is a snapshot in time telling u where countries stand and where they are headed, if u take a fully grown man at 21, height 5'8, and show him a kid thats 16 5'6, but tell him the kid will be taller than him 3 to 4 yrs, he may not believe it but it usually happens, think of Nigeria as that kid, everything that is wrong with Nigeria, is what will make us larger, we need power, we need hotels we need roads, we need banking services for our population, and so on, as these are provided, it improves the productivity and output in an economy, example U.S and chinese power output actually deceased in the last 2 yrs because of the recession, we in nigeria need all the investment we can get in the power sector, and then some,

multiply these through the whole economy and u get your answer, the key though is to keep Govt out of it(or at a minimum), and channel private investment to productive sectors.

the weather seems so hot. Hope the argentines wont tire out

Ol boy wetin dey worry u, u suppose dey pray make them tire, so we go score 4 goals,

GOOOOOOAAAL, ok let game begin

@becomrich,

will u7 stop posting your useless map, other countries are forming unions like EU and Asian pacific development union, nafta, and u are coming here talking about dividing Nigeria, and why would anysensible ibo man want to be a minority in a Northern dominated country, and why would edo people want to join yoruba, abrg so siddon, u dont know what u are talking about, ode

And the coach to me sometime appear clueless psychologically studying his body language

.

LOL, well that coach face strong sha, na strong man em be, so maybe u cant really read his mind from his face, all the same naija wins or we draw, 1 hr 30mins to kick off, make i go buy some guiness, chill wait for this one,

another fukcing yoruba. why can't God just do the world a favour and infect all of them with chronic HIV and rid the world of such dirty shit.

And when did nairaland become a place for open tribalism, i think u must not understand that this kind of fraud is endemic in the west, everybody does it, white black, chinese, russsian, italian mafia, they all do it,

now as for the guy that got caught, he bleeped up, because he got away with it and still remain 4 America, wetin him dey do there, him for don relocate to abuja, or lagos go disappear, mugu,

USA 3rd Qtr GDP figures just came out yesterday, it grew by 3.5%, as a result the stock market was up over 200 points, previously US GDP had been down for the last 4 quarters,

GDP can only be an estimation of a nations economic health were goods and services are actually produced. Nigeria produces neither, we import everything; doesn't that alone prove that GDP and Nigeria are a mismatch?

those that say GDP is irrellevant are ignorant at best, and just plain mischevious at worst, again the united states has lost over 12million manufacturing jobs in the last 10yrs, as most manufacturers move overseas, over here all they lament about is that the US does not produce anything anymore, but it is still the largest economy in the world, U.S services component of the economy is 70%,

By GDP, Nigeria's non-existent economy is bigger than that of Israel, Singapore and New Zealand      . Is that not laughable voodoo economics?

what is laughable or voodoo about it, why so u name tiny countries like israel or singapore and expect me to be impressed?i would not live in new zealand if u paid me to do so, (God forbid), what is wrong with u, colo-mentality??, the same metrics used to measure those economies are used to measure ours, so if we are larger we are larger, as a matter of fact Nigerian GDP should be at par with indonesia, because that is the country we most resemble in terms of population and demographics and resource, some economists even say Nigerian GDP is under represented due to the large informal sector of the economy,

The informal sector is dead, banking and financials are on life support, manufacturing   is dead, capital flight is massive, foreign reserves are depleted, budget is not implemented, foreign remittances are way too down. Baltic dry indexes on Naija bound vessels are low. Where are the indicators ?

Last i checked we are just coming out of a world wide recession, let me give u some facts in case u have been asleep for the last 2yrs,

1, Nigeria still has the largest foriegn reserves of any country in africa at $44bln, yes larger than south africa, larger than israel, larger than egypt, check the economist.com website for details, if u are in doubt
2, The united states, and european union, had to inject massive capital to bail out most of thier banks and insurance companies, just 2 days ago the us treasury had to inject another $2.5 bln into GMAC bank just to keep it alive, mostl arge banks in the u.s only survived due to govt intervention, they are now derisively called zombie banks, like citibank and bank of america,
3.Foriegn renmittance is a problem for all 3rd world countries, mexicos was down something like 70% due to the recession, same for FDI,  infact russian capital flight was so bad last yr they had to spend almost half of their massive $800bln reserves to defend the rouble
4, baltic dry index is probably off 80% from its highs for all countries, (that is the index itself)
5, Budget implementation could be better, but for Nigeria to really grow fast we have to 4get Govt budgets and prime pump the private sector,

That was a typo, so don't capitalise on it, all that was missing was "per capita". I meant Purchasing Power Parity (PPP) Per Capita.

You know i dont like to boast, but am a grad of economics and have  an advanced degree in finance, if u want to make a statement pls get your facts straight first, and dont act like a baby when u are called out on it, cheers

No one should compare London airport to even Lagos airport

why not, i have been to london and what we call it is advanced lagos, nothing special, a lot of enemies of progress here, if the akwa ibom people want to build airport, let them, who are u to judge,
also i hope u guys know that Nigeria is larger than U.K, France, Germany, and all western european countries, some of them like belgium and swiss and denmark, Nigeria can swallow them like 4 or 5 times, i am talking of geographic space here, so more airports, not less is good for naija,