₦airaland Forum

Chinjo2:
But we have the richest men on Africa as well as the richest pastors in Africa.

Zetty177x:
See as you hype Yorubas. But u guys produced Tinubu as president and destroyed the whole country. We don see una finish. Ur T-Pain said na statistics we go chop? The level of destruction of the economy by T-Pain should be ur concern...

MEGAWATCH:
What does Gabon produce that made them occupy that third position?


Nigeria's problem is big time mismanagement of resources and waste by government officials.

XerXers:
No be by IGR or federal allocation or having richest people or skyscrapers or the so called "infrastructure". Rich countries or Rich State is measured by GDP per Capita

SonOfDSoil01:
🤣🤣🤣pained ipob loser…your pain is severe, so I rather vote for your agulu failure without any achievement in tiny Anambala….your head must be paining you, abeg carry your frustration comot my mentions 🤣🤣

Chinjo2:
But we have the richest men on Africa as well as the richest pastors in Africa.

Zetty177x:
I'm not Igbo

Chinjo2:
But we have the richest men on Africa as well as the richest pastors in Africa.

Chinjo2:
But we have the richest men on Africa as well as the richest pastors in Africa.

CommonSense1967:
This is PER CAPITAL. The Nigerian population is the reason for the low ranking. 200 Million people.

That's why I keep telling people that Nigeria is a poor country because the population is way too much for what the country makes.

SonOfDSoil01:
keep dancing naked in your foolishness🤣🤣 mention one state in your poto poto region more developed than Ibadan, and list the achievements of your cursed tribe🤣🤣

You busy deflecting showing pictures of old Ibadan🤣🤣 while your cursed foolish tribe me n are migrating daily to serve there Yoruba master in Yorubaland🤣🤣

Go to Ibadan and see thousand of your cursed migrant tribe hawking gala in Ibadan🤣🤣🤣 while you are disgracing your ancestors on the internet…mention a state in your 5 plot of cursed land more developed than Ibadan and pls stop deflecting 🤣🤣 shameless Osu pig

New Ibadan below, wake me up when you have a developed city like Ibadan not to talk of Lagos and btw proudly Lagos🤣🤣 now go hang yourselves third class slave🤣🤣

SonOfDSoil01:
what then will you say about the billionaires region🤣🤣🤣 they could have help Nigeria make up the numbers

Unfortunately they don’t count drug money🤣🤣

XerXers:
No be by IGR or federal allocation or having richest people or skyscrapers or the so called "infrastructure". Rich countries or Rich State is measured by GDP per Capita

mrvitalis:
People don't know how bad APC has dealt with Nigerians

Nigerian GDP per capita used to be 3200 dollars

Now it's around 900 dollars

People don't know the implications because if they do no body would openly support APC without being beaten

It's evil

adanny01:
Are you aware that in 2022 Nigeria's GDP was $472b but in 2024 it is $199b.

T-pain happened.

citizenisb:
Former President Olusegun Obasanjo says President Muhammadu Buhari may not do well in economy and foreign affairs, except in military matters.

“Buhari is not a very hot person on the economy and foreign affairs,” Obasanjo said.

The former President stated this on Monday at the third International Conference on African Development Issues — themed, “Driving inclusive and sustainable development in Africa: Models, methods and policies” — organised by Covenant University, Ota, Ogun State.

While reacting to a question posed to him by a member of the audience: “Is there any hope for Nigeria under the administration of President Muhammadu Buhari?”, Obasanjo replied, “Is there any hope for Nigeria under this administration? I came back from Geneva, Switzerland a few days ago to attend a conference titled, ‘Are elections giving democracy a bad name?’ We had an election, we elected a leader and the good thing about democracy is that the power you have to elect a leader is also the power you have to remove him. I am saying this because I said earlier that if you don’t see any leader that has done well in the 56 years of Nigeria’s independence, then let us forget about Nigeria.

“I will tell you what I know and I will tell you what I don’t know. I know Gen. Muhammadu Buhari. He served under me in the military. His characteristics that I know, his behaviour that I know, he has not deviated from them. He was never a perfect man, he is not a perfect man and no leader can ever be a perfect man because they are human beings. But if you read my book, what I said about him is correct. He is not a hot person when it comes to economy. He is not a very hot person when it comes to foreign affairs. But he will do well in matters of military and he will do well in fighting Boko Haram.”


http://www.punchng.com/buhari-not-sound-economy-foreign-affairs-obasanjo/

VeeVeeMyLuv:
It is not a joking matter

All because of politics, you party APC have wrecked Nigeria

The underlying reason for Nigeria’s youpoor FDI lies not only in its sheer population size but in the limited purchasing power of our population. A nation of 1 million people with strong buying power would attract more investment than one of 200 million with limited economic strength. Unfortunately, the past decade has seen an alarming decline in the standard of living for professionals. For instance, a professor’s monthly salary, once equivalent to around $1,500–$1,700, has now dropped to less than $200.

drstranged:
One drawback of the GDP is that it's dependent on a country's population. So the higher a country's population the likely lower the GDP per capita and vice versa. That's what plays out in Seychelles and other smaller countries over there in the list which have populations in only hundreds of thousands compared to Nigeria which has over 200million population

SonOfDSoil01:
your tears are delicious 🤣🤣 so I guess the decline started just last year? Keep living in denial, Nigeria economy has been on the nosedive for years now but only being managed by successive governments.

Tinubu came in and took the bold step to reform our economy which will definitely come with some unease, but you lot who never voted for him or wish him well, just want him to change the already worse economy in one year.

When crude was selling at the highest during Jonathan regime, how well was he able to manage the income? But rather they mismanaged it, even the then finance minister iweala warn of the future dangers, but no one listen. Now you want Tinubu to perform magic.

If you know how economy is run, then you should know that economics reforms takes time before you start seeing result….but you bitter souls have always pray he fails but las las you all will be disgraced.

The last time Nigeria’s economy was stable was about a decade ago – Wale Edun

The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”

https://nairametrics.com/2023/09/01/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/

monex:
it is actually 1621 USD. yeah but that's a 50% decline

Killerofpigs:
Legendhero....

So all the FAAC+IGR from all the SW States and other regions couldn't even make NIGERIA a part of the 10 richest countries in Africa?

What happened... Legendhero...

Even LIBYA, that is fighting a WAR is richer than your worthless kwantery?

Yoruba man...your propaganda has been busted..

Propaganda can't cover FACTs.

Killerofpigs:
Legendhero....

So all the FAAC+IGR from all the SW States and other regions couldn't even make NIGERIA a part of the 10 richest countries in Africa?

What happened... Legendhero...

Even LIBYA, that is fighting a WAR is richer than your worthless kwantery?

Yoruba man...your propaganda has been busted..

Propaganda can't cover FACTs.

mrvitalis:
People don't know how bad APC has dealt with Nigerians

Nigerian GDP per capita used to be 3200 dollars

Now it's around 900 dollars

People don't know the implications because if they do no body would openly support APC without being beaten

It's evil