₦airaland Forum

ALTERNATEID:
The problem is that folks like you think everything is all about Tinubu. In 2014 when the Jonathan administration rebased the economy, they updated the base year from 1990 to 2010. Jonathan became acting president in 2010 and was elected as a substantive president in 2011. Yet, he took the glory for moving the economy to number one in Africa as a result of rebasing that covered a period in which he was not the president.

So, your point about Tinubu who became president just last year opening or not opening new sectors is irrelevant. This is about Nigeria and not president Tinubu. We can’t be using a template of 2010 to calculate our GDP in 2025. A whole lot has happened in the 15 years period. At least, let’s rebase to 2020 to reflect all new sectors. If we have no new sectors since 2010 simply because Tinubu became president in 2023, the data will show everything. Stop the hatred and let the government do their thing.

Oga I am not hating Tinubu stop being stupid here. The idea is this you rebase a GDP when there are new sectors that were not included when the last GDP was done. Jonathan did that and that was manifest in the new GDP figure. Tinubu wants to use informal sector that you cannot even quantify or measure their performance to rebase the GDP. How does that work? It makes no sense, this was how they recalculated the unemployment rate and miraculously it reduced from 33% to 3% do you know how much of a laughing stock we became internationally when thT figure was released?
My guy leave partisan politics and learn to say the truth not because they pay you to spread propaganda.

Believeintruth:
Oga I am not hating Tinubu stop being stupid here. The idea is this you rebase a GDP when there are new sectors that were not included when the last GDP was done. Jonathan did that and that was manifest in the new GDP figure. Tinubu wants to use informal sector that you cannot even quantify or measure their performance to rebase the GDP. How does that work? It makes no sense, this was how they recalculated the unemployment rate and miraculously it reduced from 33% to 3% do you know how much of a laughing stock we became internationally when thT figure was released?
My guy leave partisan politics and learn to say the truth not because they pay you to spread propaganda.

It is only someone that is extremely stupid and full of hatred that will be against rebasing after 15 years. If you think we have no new sector since 2010, wait for the data to come out next year. If there is nothing new, nothing new will show.

I don’t understand why you guys are so worked up about this news. Sadly, you haters can’t do anything about it. Every country do this every five years but in Nigeria, our own citizen will go online to oppose it because they hate the president. If Obi is president. will you tell him not to rebase? What kind of nonsense argument is this?

ALTERNATEID:
It is only someone that is extremely stupid and full of hatred that will be against rebasing after 15 years. If you think we have no new sector since 2010, wait for the data to come out next year. If there is nothing new, nothing new will show.

I don’t understand why you guys are so worked up about this news. Sadly, you haters can’t do anything about it. Every country do this every five years but in Nigeria, our own citizen will go online to oppose it because they hate the president. If Obi is president. will you tell him not to rebase? What kind of nonsense argument is this?

You are still missing the point and stop lying the GDP was rebased in 2014 not 2010. Also note that you can only rebase if there are no new sectors that were not captured in the last exercise.
Oga stop misleading people you are more of a danger to Nigerians that BH and Bandits.

Championhala:
but u agree that pdp were also involved.
Moreover if it was just southern Nigeria, tinubu's policy might have worked but due to the level of homeless people in the north it might not.
And with the promises of all three presidential aspirants whoever entered will have encountered same thing happening today, in as much as there's not much revenue inflow Nigeria is not yet ripe for floating and subsidy removal.
So my points still stands what we're experiencing never started today

Name the Tinubu Policy Tinubu has zero economic policy zero

Borrow money build useless money draining infrastructure is no policy Buhari did it and it failed

Subsidy he still pays
Naira he still defends mind you both are both economic policy

Believeintruth:
They want to manipulate the statistics to give a semblance of high GDP.

It can't be manipulated

Global financial institutions such as World Bank, IMF, WTO, IFC, Wall Street firms such as JP Morgan, Goldman Sachs etc already have Nigeria's economic data

Infact these Global financial institutions have economic data on every Country on Earth

Because that's what they use for financial activities with each Nation

Example Nigeria have been getting funds from World Bank, IMF, IFC etc

They can't release funds if they don't have updated data of the present economy

djon78:
It can't be manipulated

Global financial institutions such as World Bank, IMF, WTO, IFC, Wall Street firms such as JP Morgan, Goldman Sachs etc already have Nigeria's economic data

Infact these Global financial institutions have economic data on every Country on Earth

Because that's what they use for financial activities with each Nation

Example Nigeria have been getting funds from World Bank, IMF, IFC etc

They can't release funds if they don't have updated data of the present economy

Adding the informal sector will definitely allow for manipulation. The informal sector cannot be measured or evaluated, that is why it is informal. If we go by the current trend, the GDP is going down and at am alarming rate too.

Believeintruth:
You are still missing the point and stop lying the GDP was rebased in 2014 not 2010. Also note that you can only rebase if there are no new sectors that were not captured in the last exercise.
Oga stop misleading people you are more of a danger to Nigerians that BH and Bandits.

This pretty much shows your level of ignorance. You don’t even understand what this is all about yet you’re making so much noise ignorantly. Rebasing was last done in 2014 but the calculation was updated from 1990 to 2010 and not 2014.

Even the one that will be done next year will not rebase the country to 2025. They will look at updating the base from 2010 to 2020.

Again, rebasing must be done ideally every five years to update the data to current realities. It doesn’t matter whether haters of Mr. President likes it or not. You can’t sit down in your house without access to any information and be saying there are no new sectors since 2010. That shows how empty you are.

ALTERNATEID:
This pretty much shows your level of ignorance. You don’t even understand what this is all about yet you’re making so much noise ignorantly. Rebasing was last done in 2014 but the calculation was updated from 1990 to 2010 and not 2014.

Even the one that will be done next year will not rebase the country to 2025. They will look at updating the base from 2010 to 2020.

Again, rebasing must be done ideally every five years to update the data to current realities. It doesn’t matter whether haters of Mr. President likes it or not. You can’t sit down in your house without access to any information and be saying there are no new sectors since 2010. That shows how empty you are.

Oya I am here to learn,mention the new sectors not captured in the GDP

Believeintruth:
Oya I am here to learn,mention the new sectors not captured in the GDP

When the team of economist and statisticians from NBS, World bank, IMF and WTO are done with the rebasing next year, you will get the answer to your question. For now, shut up and let them do their thing.

ALTERNATEID:
When the team of economist and statisticians from NBS, World bank, IMF and WTO are done with the rebasing next year, you will get the answer to your question. For now, shut up and let them do their thing.

Oga it is a simple question, stop being clever mention the new sectors.

IyanAtiEgusi:
u sniff in between ur mama legs today so?

No it's your prostitute mother that kept my dog busy whole night.

Championhala:
pls the rail lines and second naija bridge project never started under buhari he just completed it

We cannot start checking where each project started to determine its effect on economic activities. What matters most is when it came into use as that's when it's full effect on development came to bear. Take d itakpe aladja rail for example. It never started under GEJ, rather twas under IBB in 1987 when it was started as a narrow gauge cargo rail. It was ultimately completed under PMB and put to use and it's impact on our dev was felt. The second Niger bridge was conceptualized under Shagari, different accessments and evaluations where done including a phantom commencement of work by GEJ but d govt actually mobilized men to site and saw you it's completion was PMB. It was out to use under PMB and its effect on our economy can be ascertained hence forth, GEJ lost out in d picture.

LOL.. figures dont stop galloping inflation, high cost of living, high energy cost. collapse of industries, unemployment, hunger. You can tell Nigerians another figure for GDP, but you cant stop the decline. BAD POLICIES.

Ngwamankillyou2:
No it's your prostitute mother that kept my dog busy whole night.

ur mama toto where u comot from still d ooze that putrid stench as always wey u d sniff everytime before u reply

IyanAtiEgusi:
ur mama toto where u comot from still d ooze that putrid stench as always wey u d sniff everytime before u reply

She is okey with it while my dog is still ontop your mama as I type.. can you join my dog and get paid.

mrvitalis:
Which school did you go to abeg

Because your knowledge of economics n basic governance is so bad it should be a crime

Thinking daugote refinery valued at 20 billion dollars would add 20 billion to out GDP is the worst understanding of GDP ever

Bro please please pick up economics text or simply google to educate yourself
Damn

So Mr text book economist, d only line u could pick is d issue of Dangote Refinery adding $20b to our GDP and crying regarding d exact point in time we should add it to our GDP? The larger topic here is rebasing of d economy and regardless of d exact time d value of that refinery should be captured, be it at completion date or prior, d new GDP to be rebased will capture not just it's $20b historical cost value but d entire value of its value chain which may ultimately double that amount. Now it's left for u to cry and wail cos u don't like anything positive, remain in ur class room and be reading Adam Smith's old school classical economics, Nigeria will rebase her economy next year and we shall see it in d region of $750-$800b. Hug transformer if u don't like it

Odibembem:
So Mr text book economist, d only line u could pick is d issue of Dangote Refinery adding $20b to our GDP and crying regarding d exact point in time we should add it to our GDP? The larger topic here is rebasing of d economy and regardless of d exact time d value of that refinery should be captured, be it at completion date or prior, d new GDP to be rebased will capture not just it's $20b historical cost value but d entire value of its value chain which may ultimately double that amount. Now it's left for u to cry and wail cos u don't like anything positive, remain in ur class room and be reading Adam Smith's old school classical economics, Nigeria will rebase her economy next year and we shall see it in d region of $750-$800b. Hug transformer if u don't like it

Lmaooo 750 billion dollars, Lmaooo funny joke

Bros again go pick up economics text n read n stop discussing topics u know next to nothing about

Believeintruth:
Bros look for a lie that can stick. Informal sector that cannot be quantified is now a global practice.

lol
Why can't it be quantified.
So those informal sectors don't contribute to GDP?
Nigeria is cheating itself if it leaves the informal sector out of the GDP because it is a huge sector compared to that of USA or China.

The two biggest economies also capture the informal sector in their GDP...

these people and their wuru wuru

Ngwamankillyou2:
She is okey with it while my dog is still ontop your mama as I type.. can you join my dog and get paid.

How many of ur siblings she don born for baby factory sell before she born u?

Putinofrussia:
lol
Why can't it be quantified.
So those informal sectors don't contribute to GDP?
Nigeria is cheating itself if it leaves the informal sector out of the GDP because it is a huge sector compared to that of USA or China.

The two biggest economies also capture the informal sector in their GDP...

Did you look at what US said in that screenshot of yours? Approximately meaning it is not exact. Even the percentage was an estimate. You cannot quantify the informal market.

IyanAtiEgusi:
How many of ur siblings she don born for baby factory sell before she born u?

They are all better than your toiletless siblings selling agbo sleeping with Igbo Man dogs.

Ngwamankillyou2:
They are all better than your toiletless siblings selling agbo sleeping with Igbo Man dogs.

dem exchange ur brain wit ur mama clitoris at birth

Godszilla:
SAD

They are gaslighting Nigeria with fake information to assume that the economy is doing well when, in fact, Nigeria is in a complete mess. The government spent N3TN To Import Petrol In 42 days despite local refining by Dangote. The government is intentional destroying the country


https://www.youtube.com/watch?v=tq-tXD6I2xs&t=15s

Bede2u:
The informal sector is not unproductive. A farmer for instance is within the informal sector but some of his products may end up in UK, as a meal to a Nigerian family in UK and earns the country forex.
A plumber helping me build my house is in the informal sector but I still send money in dollars when I want to pay him.
Nigeria's economy is worth much more than Wikipedia shows bro

be writing rubbish there. You know pass Wikipedia abi?

Ode!

cucumbar:
be writing rubbish there. You know pass Wikipedia abi?

Ode!

Wikipedia accepts entries from me and u, it can be edited at will

IyanAtiEgusi:
dem exchange ur brain wit ur mama clitoris at birth

I love it while your dirty mama with her Long clitoris is connected With my dog currently giving her animal orgasm.

Ngwamankillyou2:
I love it while your dirty mama with her Long clitoris is connected With my dog currently giving her animal orgasm.

na ur dog ur mama and sisters d use practice to get stamina for their costumers for their ashawo work ?

IyanAtiEgusi:
na ur dog ur mama and sisters d use practice to get stamina for their costumers for their ashawo work ?

I know you love your ma Pucci..come and see her with my dog here doing doggy style.

Ngwamankillyou2:
I know you love your ma Pucci..come and see her with my dog here doing doggy style.

how sit at home go be tomorrow?

IyanAtiEgusi:
how sit at home go be tomorrow?

Yes above useless tiefnubu power to stop.

He is nobody here just like your useless long ugly clit momma.

Rebase kor, GDP ni.

Howfar did they go with their patch - patch defense of the naira with billions of dollars by Kardashian cbn approach. Today, exchange rate is $1 to 1,700 naira +.

Listen and listen good,

A man cannot give what he doesn't have. Even if given 30 years according to Daniel Bwala.

Tpain started with a policy that impoverished his people, obliterated their purchasing power.

Not enough, he went further by increasing task right left and centre, borrowed any how and embarked on misplaced priorities: white elephant projects. jet etc.

And now, he want to rebase the economy, to achieve what exactly? reduce the price of rice? or increase Ronu stipend from 30k to 35k?

He can only deceive his Ronu miscreants in their Whatsapp group.

The fact is....

Tpain has nothing to offer.