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Top 10 Poorest Countries In Africa In 2024 -IMF / IMF: Nigeria Remains Largest Economy In Africa, 26th In The World / Nigeria Has Become Africa's Money-losing Machine - Forbes Magazine (2) (3) (4)
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Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Believeintruth: 6:07pm On Apr 22 |
Jagabanarmy: and you think this government can do it? dey play, these guys have no clue or love for this country it is only for themselves, they only bring deals that favor their pockets. 1 Like |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by ivandragon: 6:09pm On Apr 22 |
TOPMAN4LIFE: The common man fared better under GEJ and the records prove it. Year 1990-1998 Av. Minimum wage (MW) N300 Item price 1. Rice N1000 3+ months salary to buy 1 bag 2. Beans N1500 5 months salary to buy 1 bag 3. Cooking gas NA No reliable records 4. Flour N190 1 month salary gets 1+ bag 5. PMS N11 1 month salary gets 27l 6. Diesel N12 1 month salary gets 25l 7. Cement N120 1 month salary = 2 bags+ 8. Basket of tomatoes N200 1 month salary =1+ basket 9. Beef N50 1 month salary = 6kg Year 1999-2010 Av. Minimum wage (MW) N7000 Item price qty of MW 1. Rice N6000 1month salary = 1+ bag 2. Beans N7000 1month salary to buy 1 bag 3. Cooking gas N200 1 month salary = 35kg 4. Flour N4500 1 month salary gets 1+ bag 5. PMS N65 1 month salary gets 107ltrs 6. Diesel N150 1 month salary gets 46ltrs 7. Cement N1500 1 month salary = 4+ bags 8. Basket of tomatoes N2500 1 month salary =2+ baskets 9. Beef 250 1 month salary= 28kg Year 2011-2014 Av. Minimum wage (MW) N18000 Item price qty of MW 1. Rice N8000 1 month salary to buy 2+bags 2. Beans N15000 1month salary to buy 1+ bag 3. Cooking gas N400 1 month salary = 45kg 4. Flour N6000 1 month salary gets 3 bags 5. PMS N90 1 month salary gets 200ltrs 6. Diesel N300 1 month salary gets 60ltrs 7. Cement N200 1 month salary = 9 bags 8. Basket of tomatoes N7500 1 month salary =2+ baskets 9. Beef 500 1 month salary = 36kg Year 2015 to date Av. Minimum wage (MW) N30,000 Item price qty of MW 1. Rice N70000 2+ months salary to buy 1 bag 2. Beans N100000 3+ months salary to buy 1 bag 3. Cooking gas N1300 1 month salary = 23kg 4. Flour N60000 2+ months salary gets 1bag 5. PMS N600 1 month salary gets 50ltrs 6. Diesel N1300 1 month salary gets 23ltrs 7. Cement N10000 1 month salary = 3 bags 8. Basket of tomatoes N58000 2 months salary =1+ basket 9. Beef N5000 1 month salary = 6kg 1 Like |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Believeintruth: 6:09pm On Apr 22 |
Kelvinofficial: This government does, The CBN governor and Finance minister were at Washington at the behest of IMF and WB. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Believeintruth: 6:10pm On Apr 22 |
Image123: so GDP should be based in Naira!!! Bros change your handler abeg that thing you are smoking is clouding your reasoning. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Believeintruth: 6:17pm On Apr 22 |
IPIGSRSHALLOW: it was never due to FX rates. There is insecurity and FDI is at an all time low. Haaa fear God and stop spreading lies |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Agbadorian(f): 6:17pm On Apr 22 |
Tinubu is yet to get the country right , I think it because it been long he tasted his Drug , perhaps how can a old man like him be doing as a man that stole mandate and feel comfortable on it |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Procashtips(m): 6:18pm On Apr 22 |
ivandragon: Why group 2015 down to 2024? Why did you seperate 2011-2014 from 1999-2011? |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Believeintruth: 6:24pm On Apr 22 |
Chukwuka319: Bro the moment you aired your opinion on a debatable issue, you lose the right to make it sacrosanct, so anyone can challenge your opinion. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Believeintruth: 6:27pm On Apr 22 |
Timothy89: Oga just shut up abeg. Like he is doing now, that our indices economically is all shades of wrong. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by ivandragon: 6:28pm On Apr 22 |
Procashtips: To show growth/deterioration of the common man's purchasing power viz-a-viz the minimum wage changes. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Bfly: 6:30pm On Apr 22 |
Who go find hiding place for giant o. Two hundred million people decided to victimize themself. 200M people with instinct a little above that of Animal. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Believeintruth: 6:30pm On Apr 22 |
TOPMAN4LIFE: If they had allowed Jonathan then, by now things would have been better. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by ivandragon: 6:34pm On Apr 22 |
anonimi: When it comes to improving the purchasing power of the common man, GEJ was the best since the 90s. The records speak for themselves. Year 1990-1998 Av. Minimum wage (MW) N300 Item price 1. Rice N1000 3+ months salary to buy 1 bag 2. Beans N1500 5 months salary to buy 1 bag 3. Cooking gas NA No reliable records 4. Flour N190 1 month salary gets 1+ bag 5. PMS N11 1 month salary gets 27l 6. Diesel N12 1 month salary gets 25l 7. Cement N120 1 month salary = 2 bags+ 8. Basket of tomatoes N200 1 month salary =1+ basket 9. Beef N50 1 month salary = 6kg Year 1999-2010 Av. Minimum wage (MW) N7000 Item price qty of MW 1. Rice N6000 1month salary = 1+ bag 2. Beans N7000 1month salary to buy 1 bag 3. Cooking gas N200 1 month salary = 35kg 4. Flour N4500 1 month salary gets 1+ bag 5. PMS N65 1 month salary gets 107ltrs 6. Diesel N150 1 month salary gets 46ltrs 7. Cement N1500 1 month salary = 4+ bags 8. Basket of tomatoes N2500 1 month salary =2+ baskets 9. Beef 250 1 month salary= 28kg Year 2011-2014 Av. Minimum wage (MW) N18000 Item price qty of MW 1. Rice N8000 1 month salary to buy 2+bags 2. Beans N15000 1month salary to buy 1+ bag 3. Cooking gas N400 1 month salary = 45kg 4. Flour N6000 1 month salary gets 3 bags 5. PMS N90 1 month salary gets 200ltrs 6. Diesel N300 1 month salary gets 60ltrs 7. Cement N200 1 month salary = 9 bags 8. Basket of tomatoes N7500 1 month salary =2+ baskets 9. Beef 500 1 month salary = 36kg Year 2015 to date Av. Minimum wage (MW) N30,000 Item price qty of MW 1. Rice N70000 2+ months salary to buy 1 bag 2. Beans N100000 3+ months salary to buy 1 bag 3. Cooking gas N1300 1 month salary = 23kg 4. Flour N60000 2+ months salary gets 1bag 5. PMS N600 1 month salary gets 50ltrs 6. Diesel N1300 1 month salary gets 23ltrs 7. Cement N10000 1 month salary = 3 bags 8. Basket of tomatoes N58000 2 months salary =1+ basket 9. Beef N5000 1 month salary = 6kg 1 Like 1 Share |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Likeseun: 7:01pm On Apr 22 |
IMF and World Bank is still one of our biggest problem in Nigeria. Nigeria must fight to save ourselves as great nation from them. 1 Like |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Timothy89(m): 7:17pm On Apr 22 |
Believeintruth: Your SS And SE messiah won't do wonders with the reckleness of your son SS man mismanagement and gross embezzlement |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Image123(m): 7:26pm On Apr 22 |
Believeintruth: Yes my dear boy, GDP is measured in the currency of the country in question. It is only changed if you want to compare with another country. Of course, only miscreants and mischief makers will compare with another country when a country just deliberately floated its currency. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by IPIGSRSHALLOW: 7:29pm On Apr 22 |
Believeintruth: This is due to the FX rates. It has been discussed by economic experts many times over the week at several financial and economic shows. Listen to the experts, not some political jobbers. try and listen to people who know what they are talking about not some people trying to score political points. How is the size of an economy calculated anyway? The size of an economy is usually measured by its gross domestic product (GDP). GDP is the monetary value of all final goods and services produced in a country over a given period. It's a widely used indicator of the health of national and global economies. That has not changed in Nigeria, what has changed is the forex rate when you try to convert the value to US Dollars. Now that the Naira has gained strength, I'm 100 percent sure that Nigeria is still the biggest economy in Africa. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by frog12: 7:43pm On Apr 22 |
keep dreaming IPIGSRSHALLOW: |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by nedekid: 7:49pm On Apr 22 |
ivandragon:I fully concur with you. I mistakenly thought you meant purchasing power is better now than it was before 2015. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Chukwuka319(m): 8:04pm On Apr 22 |
Believeintruth:But does it warrant insults? |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Chukwuka319(m): 8:10pm On Apr 22 |
Believeintruth:Seriously what strain of Rabies are you suffering from? No offense! |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Exceed15: 8:22pm On Apr 22 |
Asmmi: Pack well jare |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Exceed15: 8:23pm On Apr 22 |
Disastrous Government. The worst in the history of Nigeria. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Procashtips(m): 8:25pm On Apr 22 |
ivandragon:. It's an unfair act. 2015-2019 was relatively better than 2019-2013, and so far so good, both of the above better than 2023 to present. Secondly, there has been a huge difference between 2015 and 2023. Lastly, foodstuffs and consumer goods pre-2023 are well off compared to post 2023. So grouping them together is unfair practice since you seperated 2007-2010 from 2011-2014. (Huge growth/deterioration can be pointed out here too vis-a-vis purchasing power and minimum wage) |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by TOPMAN4LIFE: 8:43pm On Apr 22 |
Believeintruth:I agreed, It's a dirty politics that is still going on till today With time, things will still get better too |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Blackdisciple(m): 8:49pm On Apr 22 |
Chai from first to fourth hmmm may God help us |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by Fujiyama: 8:56pm On Apr 22 |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by TheOgaBoss: 9:19pm On Apr 22 |
EmeeNaka:oga second too far, if tinu u even succeeds in pushing it to 3rd place, the miscreants who support him will tell u it is one of tbe wonders of the world. 1 Like |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by TheOgaBoss: 9:22pm On Apr 22 |
Chukwuka319:oga sbut ur fucking pie bole there, unfortunately there are too many miscreants like u in this country, that is y this country is struggling to move forward. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by TheOgaBoss: 9:30pm On Apr 22 |
PureFace1:fastest growing ke? where is the growth going to come from? which production centers are under development that will drive this growth, even agriculture that used to be an important growth sector bas gone comatose due to herdsmen and bandits |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by TheOgaBoss: 9:35pm On Apr 22 |
YourGFsnatcher:but ur leaders followed the advice and increased electricity tariff. |
Re: Nigeria To Become Africa’s Fourth Largest Economy In 2024 – IMF by MuslimIgbo: 9:37pm On Apr 22 |
naturalman:But for people not to have ever rule prove that you all lack wisdom and common sense. Tueh |
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