₦airaland Forum

In 2025, Nigeria's budget is planned at $28.18 billion, while South Africa's total consolidated government expenditure for the 2025/26 financial year is R2.59 trillion, which translates to roughly $138.5 billion.

Fake giant of Africa

Shows how poorer than South Africa Nigeria actually is.

budaatum:
Shows how poorer than South Africa Nigeria actually is.

It shows racism..


Racism created a global financial system that only favors whyte countries that is one of the reasons why black countries can't make enough money to cater to their citizens.

The system is created to ensure black people leave their countries and move to whyte countries.

The major cause of Nigeria's poverty and under-development is the Western institutions that don't want to see any black nation prosper..

It is western influence that made t:inuboooo to devalue the naira which spoilt the purchasing power of every Nigerian.

you guys don't understand their hatred for black people globally especially those in Africa..

india annual budget is ₹48 trillion which is equal to $560 billion ( with a population over 1.4billion people

while Nigeria annual budget is ₦49 trillion which is equal to $30 billion ( with a population of 200million people )..

my point is Western powers claim Nigeria's population is the reason for ₦ Naira's bad currency conversion to the dollar..

but India with a population 7 seven times Nigeria's own is not affected by the same policy that causes Nigeria's bad currency conversion to the dollar..

if you reduce india annual budget to ₹28 trillion similar to Nigeria ₦28 trillion..

india's ₹28 trillion is still equal to $326 billion...

South Africa R2.59 trillion is equal to $138.5 billion due to the whyte boers that stayed there.

the Naira is a weapon fashioned against Nigeria and Nigerians by the Western powers.

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codemaniacs:
It shows racism..

Actually, it shows ignorance. Ignorance of African countries that allow themselves to be controlled.

India and even China were equally controlled at one point, but they removed the controllers and created a system that favours them, which is what we Africans ought to do instead of remaining in slavery and blaming the masters.