₦airaland Forum

I keep telling people that Africa is rising.

But how will you people know about this when all you know of Africa is the garbage you're shown on CNN?

12 of the 20 fastest growing economies on Earth are in Africa.

That's a huge development, and shows massive progress underway on the continent.

If you add Guyana, the black Caribbean nation, that makes it 13.

If this momentum continues, as it will, Africa in the next 15 to 20 years will be a fully developed continent.

We expect our beloved country Nigeria, the Giant of Africa, to join this elite group of fast-rising African economies within the next 2 or 3 years, as the economic restructuring leads to massive growth in the coming months and years.

God bless Africa and the black world, and keep us rising!

https://www.visualcapitalist.com/wp-content/uploads/2025/03/Fastest-Growing-Economies-in-2025_WEB.jpg

God bless Nigeria.

God bless Africa.

Commentor:
God bless Nigeria.

God bless Africa.

🙏😎

Rossikk:
I keep telling people that Africa is rising.

But how will you people know about this when all you know of Africa is the garbage you're shown on CNN?

12 of the 20 fastest growing economies on Earth are in Africa.

That's a huge development, and shows massive progress underway on the continent.

If you add Guyana, the black Caribbean nation, that makes it 13.

If this momentum continues, as it will, Africa in the next 15 to 20 years will be a fully developed continent.

We expect our beloved country Nigeria, the Giant of Africa, to join this elite group of fast-rising African economies within the next 2 or 3 years, as the economic restructuring leads to massive growth in the coming months and years.

God bless Africa and the black world, and keep us rising!

https://www.visualcapitalist.com/wp-content/uploads/2025/03/Fastest-Growing-Economies-in-2025_WEB.jpg

Which sector would actually drive this growth

Obvious you don't do business in Nigeria

God bless Yorubaland

😎😎

mrvitalis:
Which sector would actually drive this growth

Obvious you don't do business in Nigeria

Keep quiet and stop talking nonsense.

Economic growth is never specific to a single sector. It’s a holistic phenomenon.

The World Bank just last week announced that Nigeria is witnessing its fastest economic growth in 10 years, so what we are saying is already occurring.

Nigeria's GDP $1 x100% (growth) = $1
That's not greatness.

Spain's GDP $500 × 2% (growth) = $10

MadamExcellency:
Nigeria's GDP $1 x100% (growth) = $1
That's not greatness.

Spain's GDP $500 × 2% (growth) = $10

That’s literally the most asinine thing you’ve ever typed, and you’ve typed a whole lot of garbage on this forum.

How you arrived at $1 as Nigeria’s hypothetical GDP should be left to you and your psychiatrist.

Soon ke
Nigeria was once the fastest growing economy in Africa and third fastest in the world until they who shall not be named happened

Who will grow the economy Escobar? I laugh in Spanish give him 20yrs he'll destroy the economy even more with his wasteful & unnecessary expenditures

Agbado clowns and day dreaming are like 5&6

Nigeria economy growth doesn't create jobs, doesn't increase income of citizens. What sort of growth is that?

And Nigeria under the fraud that you delusionally said will regrow the economy in the next 10 years is seating in an abysmal 37th position after the Sunday Dare and Reno Omokri's failed propaganda? Always have some shame nah.

I've become suspicious of the pessimism around Africa. We're supposed to believe corruption, poverty etc are our first and last name. When CHina is growing the story is that China is growing. When Africa is growing, the story is still rubbish

In 2013/2014, Nigeria was the fastest growing economy in Africa and 3rd in the World. Those in power today and thier supporters ridiculed this achievement.

2025, Nigeria is not in the top 10 fastest growing economies in Africa and not even in top 30 globally, but apc and its minions what Nigerians to celebrate...

What an incompetent set of bulabas...

Come 2027. Apc! Out!!!

ivandragon:
In 2013/2014, Nigeria was the fastest growing economy in Africa and 3rd in the World. Those in power today and thier supporters ridiculed this achievement.

2025, Nigeria is not in the top 10 fastest growing economies in Africa and not even in top 30 globally, but apc and its minions what Nigerians to celebrate...

What an incompetent set of bulabas...

Come 2027. Apc! Out!!!

Nigeria's economy is currently rebasing. After the rebasing you'll find that Nigeria is already among the top 20 economies in the world. Growth has slown under Tinubu and Buhari though so you're correct there.

But even if Nigeria's economy is #1, Nigerians will still believe it is the worst and be doing japa to Chad.

Rossikk:
Keep quiet and stop talking nonsense.

Economic growth is never specific to a single sector. It’s a holistic phenomenon.

The World Bank just last week announced that Nigeria is witnessing its fastest economic growth in 10 years, so what we are saying is already occurring.

Currently, Nigeria isn't among the 20 fastest-growing economies on Earth, 12 of which are from Africa. Nothing is happening under this drug lord regime. There's nothing the drug lord is doing to drive growth, and you genuinely know it. So stop the deceit.

Ofodirinwa:
Nigeria's economy is currently rebasing. After the rebasing you'll find that Nigeria is already among the top 20 economies in the world. Growth has slown under Tinubu and Buhari though so you're correct there.

But even if Nigeria's economy is #1, Nigerians will still believe it is the worst and be doing japa to Chad.

Rebasing is not something that is just done out of thing air.

Which base year would the government use to update its GDP and CPI?

What new sectors/industries have been significantly developed since the apc took over power in 2015?

Has the purchasing power of the masses improved?

True socio-economic development will be felt by the masses. The people will know that improvements have been made.

The apc has technically wiped out the middle class, so what exactly are they rebasing on? The increase in poverty?

ivandragon:
Rebasing is not something that is just done out of thing air.

Which base year would the government use to update its GDP and CPI?

What new sectors/industries have been significantly developed since the apc took over power in 2015?

Has the purchasing power of the masses improved?

True socio-economic development will be felt by the masses. The people will know that improvements have been made.

The apc has technically wiped out the middle class, so what exactly are they rebasing on? The increase in poverty?

The last rebasing was 2014. If you do not believe anything has happened in the economy since then, you're probably being sentimental. It's ok and normal to be frustrated, but I think most of our conversations about Nigeria and economics are unnecessarily emotional and sentimental.
But, for starters, Nigeria features several of the world's fastest growing cities. So for one, many cities have doubled in size, activity and output since then.

2014 Nigerian fintech, for example, didn't exist, today it's a multibillion dollar industry.
Nigeria has grown in tourism since then significantly, with more arrivals, more airlines, and more airports.
railroads have been onboarded since then.
Refineries have been commissioned and finished in that time.

Then, more small businesses (which is the core of Nigeria's economy) have been opened in that time.
Shell and Chevron have withdrawn and local producers have grown their share of oil. At the moment, we're a net exporter of refined gas and gas for the first time in recent NIgerian history.
By 2026, we will be a net exporter of refined gas, we're currently exporting jet fuel, aviation fuel, naphtha, fuel oil, and polypropylene.

Sectors like fashion are making international headlines, more young people make money online and internationally, crypto has been introduced to the econonmy, etc. Nigeria is, without question, one of the best markets for real estate on earth with the rate of home buying and home building being among the highest in the world.


This doesn't been there hasn't been setbacks. The naira crashing hurt everyone, and growth hasn't been as streamlined as need be.
But if you think we have to wait until there is 0 poverty, or 0 corruption to being factual and level headed about economic discussions then you're wrong.

So yes, rebasing the Nigerian economy will show there has been tremendous growth. Between now and 2014, there are countless industries that emerged that didn't exist before and most industries are doing well. If we quit being sentimental we can find opportunities to personally take advantage of.

Ofodirinwa:
The last rebasing was 2014. If you do not believe anything has happened in the economy since then, you're probably being sentimental. It's ok and normal to be frustrated, but I think most of our conversations about Nigeria and economics are unnecessarily emotional and sentimental.
But, for starters, Nigeria features several of the world's fastest growing cities. So for one, many cities have doubled in size, activity and output since then.

2014 Nigerian fintech, for example, didn't exist, today it's a multibillion dollar industry.
Nigeria has grown in tourism since then significantly, with more arrivals, more airlines, and more airports.
railroads have been onboarded since then.
Refineries have been commissioned and finished in that time.

Then, more small businesses (which is the core of Nigeria's economy) have been opened in that time.
Shell and Chevron have withdrawn and local producers have grown their share of oil. At the moment, we're a net exporter of refined gas and gas for the first time in recent NIgerian history.
By 2026, we will be a net exporter of refined gas, we're currently exporting jet fuel, aviation fuel, naphtha, fuel oil, and polypropylene.

Sectors like fashion are making international headlines, more young people make money online and internationally, crypto has been introduced to the econonmy, etc. Nigeria is, without question, one of the best markets for real estate on earth with the rate of home buying and home building being among the highest in the world.


This doesn't been there hasn't been setbacks. The naira crashing hurt everyone, and growth hasn't been as streamlined as need be.
But if you think we have to wait until there is 0 poverty, or 0 corruption to being factual and level headed about economic discussions then you're wrong.

So yes, rebasing the Nigerian economy will show there has been tremendous growth. Between now and 2014, there are countless industries that emerged that didn't exist before and most industries are doing well. If we quit being sentimental we can find opportunities to personally take advantage of.

You are the one being sentimental and obviously has a poor understanding of what you are on about.

Fintech companies have been around in nigeria before 2014. Companies like interswitch and paga.

A local company taking over assets of an exiting company is not an expansion.

But the bottom line remains... what impact have these your sentimental 'rebasing' had on the masses? Have thier socio-economic conditions improved? Has the purchasing power improved?

You see socioeconomic conditions getting worse, yet you are more concerned with the facade. Anyway, some of you are beneficiaries of incompetence and corruption, so you are entitled to your sentiments.

Leave Nigeria out of your daydream...
The leaders of Nigeria are okay with the status quo. Is it Nigeria that takes a step forward and then takes million steps backward? The same Nigeria that had Buhari as president and now has the druggie master as president?
Do not deceive yourself.

ResidentSnitch:
Leave Nigeria out of your daydream...
The leaders of Nigeria are okay with the status quo. Is it Nigeria that takes a step forward and then takes million steps backward? The same Nigeria that had Buhari as president and now has the druggie master as president?
Do not deceive yourself.

Your anti-Nigerian stance is utterly irrelevant.

We look at the GDP growth figures and trends, as well as economic projections, and they are on the up according to all major financial institutions, local and international.

What makes your layman view important here? Nothing.

Just hot air.

ivandragon:
You are the one being sentimental and obviously has a poor understanding of what you are on about.

Fintech companies have been around in nigeria before 2014. Companies like interswitch and paga.

A local company taking over assets of an exiting company is not an expansion.

But the bottom line remains... what impact have these your sentimental 'rebasing' had on the masses? Have thier socio-economic conditions improved? Has the purchasing power improved?

You see socioeconomic conditions getting worse, yet you are more concerned with the facade. Anyway, some of you are beneficiaries of incompetence and corruption, so you are entitled to your sentiments.

it absolutely is, because Shell is primarily listed in the NY stock Exchange, not the Nigerian one.
The impact has been tremendous. Again, every city in Nigeria is a construction site right now. Houses are being built everyday meaning more people are entering the home owning class and at a very noteworthy rate. I can speak primarily of the South East, idk where you've been, but most cities in the Southeast have doubled in size in the past 10 years. Lagos, Abuja and others have witnessed the same thing.

All of these reflect jobs and earnings increasing. The fact that there's a lot of money in NIgeria isn't a fascade. I gain nothing if you believe or don't believe me, but there's a lot of money to be made. Things can improve but pretending they haven't just to express frustration isn't productive in my opinion

Rossikk:
I keep telling people that Africa is rising.

But how will you people know about this when all you know of Africa is the garbage you're shown on CNN?

12 of the 20 fastest growing economies on Earth are in Africa.

That's a huge development, and shows massive progress underway on the continent.

If you add Guyana, the black Caribbean nation, that makes it 13.

If this momentum continues, as it will, Africa in the next 15 to 20 years will be a fully developed continent.

We expect our beloved country Nigeria, the Giant of Africa, to join this elite group of fast-rising African economies within the next 2 or 3 years, as the economic restructuring leads to massive growth in the coming months and years.

God bless Africa and the black world, and keep us rising!

For 8 straight years you were telling Nigerians that Buhari was going Nigeria’s economy, what happened to those lies? You want Nigerians to forget that and move on to more years of lies of Tinubu cleaning Buhari’s mess and growing the economy?

givedemwotowoto:
For 8 straight years you were telling Nigerians that Buhari was going Nigeria’s economy, what happened to those lies? You want Nigerians to forget that and move on to more years of lies of Tinubu cleaning Buhari’s mess and growing the economy?

After oil prices crashed in 2015, and Jonathan left an empty treasury, Buhari had less than 20% of the funds that were available to your 16 year PDP lootocracy.

He did what he could, and implemented major projects with the little he had - far more than Jonathan did, including the 2 billion dollar 2nd Nigeria Bridge, airport upgrades, new airport terminals including MMA Lagos and Nnamdi AzIkiwe International Airport Abuja, PH, Kano airports etc, railway revolution, and other critical projects.

Tinubu has now ended the ruinous fuel subsidies, and ended the dual exchange rate that were both strangling the economy.

The only way now is up. So go and brainstorm on how to participate in the new, exciting dispensation instead of consuming yourself in ethnic animosity, which is what really drives you and your demented ilk.

Ofodirinwa:
it absolutely is, because Shell is primarily listed in the NY stock Exchange, not the Nigerian one.
The impact has been tremendous. Again, every city in Nigeria is a construction site right now. Houses are being built everyday meaning more people are entering the home owning class and at a very noteworthy rate. I can speak primarily of the South East, idk where you've been, but most cities in the Southeast have doubled in size in the past 10 years. Lagos, Abuja and others have witnessed the same thing.

All of these reflect jobs and earnings increasing. The fact that there's a lot of money in NIgeria isn't a fascade. I gain nothing if you believe or don't believe me, but there's a lot of money to be made. Things can improve but pretending they haven't just to express frustration isn't productive in my opinion

What isn't productive is justifying obvious worsening socio-economic conditions.

Poverty is increasing at an alarming rate. Purchasing power has reduced by over 500%. CPI is down by almost 40 points in comparison to 2014.

A major problem with some people is that they think development is all about infrastructure. While it is germane, it should be purpose driven and not for show.

Look at the case of Emefiele. Over 500 buildings. Some one like you will praise it as evidence of growth or productivity when in actual sense it is just corruption.

In every society, there are always those who benefit from a corrupt and incompetent system. That is the case of Nigeria. You see buildings springing up, but don't bother to find out the source of the revenue. It could be politicians, it could be drug dealers...

Since you gain nothing if I believe you or not, why bother quoting me? Enjoy your believe and allow me exist in reality.