Nigeria’s Economy May Be Back From The Brink - The Economist - Politics (2) - Nairaland
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| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by lionshare: 8:23am On Jan 30 |
BlocksNG:There is nowhere in the world where serious economists speak with absolute certainty; their assessments are almost always framed with cautious optimism. For that reason, using the word may is entirely appropriate. Economic forecasting is much like predicting the weather: even when projections indicate rainfall, there is never a 100% guarantee—only a high probability, often 85% or more. That said, the Nigerian in me hopes for a much stronger outcome: GDP growth of 10% or more, alongside higher wages and job creation, so the benefits can quickly trickle down to the average Nigerian. God bless everyone who has contributed to making this cautious optimism possible.. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by anonimi: 8:23am On Jan 30*. Modified: 9:47am On Jan 30 |
seunmsg:To continue till 2027? Or you meant to continue BEYOND 2027? What better future have Lagosians seen in 27 years of Tinubu’s lootocracy TAX master plan that has grown the state budget 100 times since 1999 but failed to deliver similar outcomes in government services and public utilities? What better future are you expecting from someone who has failed to deliver on his own short term goal of N300/$1 despite borrowing $3.3 billion SPV Afreximbank loan to defend the Naira, with future oil revenues ![]() Ẹni tí ó yá ẹgbẹfa tí kò san gbé igi dina egbèje. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Kemetian: 8:26am On Jan 30 |
BlackPhanter:You are a good Nigerian. May blessings come to you. Amen. ![]() |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by themanderon: 8:27am On Jan 30 |
9m dollars is working. We will be hearing more of these lies as elections draw closer. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Klogo: 8:28am On Jan 30 |
Another lobbying package. Westerners just dey chop FG money...person wey dey lie lie knows, person wey dem dey lie for knows too. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by MrPresident1: 8:28am On Jan 30 |
Already providing soft landing for the Cityboy. If he is their candidate, he will win |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by MrPresident1: 8:29am On Jan 30 |
Already providing soft landing for the Cityboy. If he is their candidate, he will win. Na dem told us Jonathan is not good for us and we accept and enter great tribulation. Una don forget? |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by themanderon: 8:34am On Jan 30 |
seunmsg:Keep pushing false narratives. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by reddingtonblack: 8:38am On Jan 30 |
seunmsg:You don hear God forbid BAT things, rally kor .... IF not madness/selfish centeredness why will anyone go to the polls n vote Tinubu let be sincere, U mobilised, use my car for campaign and voted Tinubu 2023 But the last 3yrs has shown that was a terrible mistake, this man clearly wont bring infrastructure, security and the economy Nigeria deserve, Propaganda saying inflation is single digit is just self deciet What price as gone down below 2023 price benchmark ... they say dollar is stable 😀 1400/$1 thats what they want sane people to applaud from 700/$1 in 2023 Is it not when you beat the predecessor record, that calls for celebration |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by blingxx(m): 8:38am On Jan 30 |
DeltaFire:Go and buy cement in Ghana if you think it is cheaper |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by DeLaRue: 8:44am On Jan 30 |
Best President in the history of Nigeria. "The price of a kilo of rice has nearly quadrupled since May 2023". That's clearly incorrect. I understand a bag of rice can be bought for around N60,000 today. Is the Economist saying a bag of rice cost N15,000 at the time the last government left office? |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Basic123: 8:45am On Jan 30 |
seunmsg:Yeah...The situation was the same when Obasanjo started his reforms. Yaradua shouldnt jave jacked up fuel subisdy kn the day of his inauguration and reversed the sale of thr 3 refineries to dangote then
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| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by dheilaw1(m): 9:00am On Jan 30 |
Gotocourt:The market would frustrate them at a point. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Big2bore(m): 9:03am On Jan 30 |
DeltaFire:People like you have to be thought 1 million times before you can get the information clearly. Am also feeling the heat but at the same time I can understand where the president is going he is building for us the future not now, some of us have to pay the price even when we know we are not the cause of the problem. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by dheilaw1(m): 9:03am On Jan 30 |
watchindelta:write in English, so everyone may understand understand your point. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by iwaeda: 9:10am On Jan 30 |
Messenger how much is fuel now, school fees, house rents. ![]() |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by skywalker240(m): 9:11am On Jan 30 |
Gotocourt:This is were you government steps in |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by nedu666: 9:16am On Jan 30 |
seunmsg:The problem with asslicking is that you don't know when you start eating shit. The same buhari you supported for 8 years and claimed made Nigeria economy the best in Africa is now the same person you claim left bad economy for timubu. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by nedu666: 9:19am On Jan 30 |
Big2bore:Who are the some of us? Does that include govt officials buying the new 2025 land cruisers for 350million. The only people paying the price are poor Nigeria. Nothing concern govt officials wit all these price paying |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Cmeo(m): 9:30am On Jan 30 |
They should be specific and not use political language for us. Afterall they were blunt when they were declaring it bad |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by SlavaUkraini: 9:38am On Jan 30 |
AMINDA:Seunmsg watch this video and advise your Party accordingly.. Upon all the rebasement that was done, Nigeria is still number 5 in Africa... Something is wrong somewhere.. The Average Nigerian is not feeling the benefits of the rebasement and subsidy removal.. The most populous black nation is number 5 in Africa, that is an abnormally |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by SlavaUkraini: 9:40am On Jan 30 |
nedu666:Lol 😂😂😂😂😂😂😂 So the guy is now eating shit...... lol |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Irony1: 9:51am On Jan 30 |
AMINDA:You sabi the game very well. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Irony1: 9:52am On Jan 30 |
BlackPhanter:Oga there is nothing painful for you to admit. You don't need to be sneaky about your support for the reforms. Just say it with your full chest. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Irony1: 9:53am On Jan 30 |
seunmsg:No one is being bitter the reforms have failed woefully. We are now 5th in africa. We are no longer top destination for fintech investors. Kenya has taken over. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Irony1: 9:54am On Jan 30 |
seunmsg:Insecurity is not being dealt with. Sometimes get serious and stop propaganda |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Kukutente23: 9:56am On Jan 30 |
Seunmsg I guess you'll also support cut in salaries of civil servants to ensure that this reforms by our great leader succeed as The Economist article is recommending. All hands must be on deck and no sacrifice should be too much to ensure that Nigeria returns to greatness. Meanwhile this article summarily dismisses Tinubu's ability to match OBJ's successes in its final line. It seems to say they are unsure if his direction compared with OBJ's tenure. It is ironic that the Op posted the article thinking it's a positive one of the govt he supports |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Thedon22: 10:04am On Jan 30 |
Some Obidients will be in sifia pains now. Even Obi himself will be sad. Hope he commends govt after this new positive review same way and with same energy he criticized when The Economist gave a negative review. |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by anonimi: 10:04am On Jan 30 |
Kukutente23:Many thanks for sharing the extract from the OP. It's quite dubious that the article advises reduction in salaries while going on to lament reduction in purchasing power. What is remarkabel is how it validates the deregulation and privatisation foundation for PDP 16 years of widespread prosperity, laid by Atiku's business mindset unlike the peasant agriculture mindset of the Ota farmer. Buying food has been a particular struggle, not just for the 42% of Nigerians who live on less than $3 a day, the World Bank’s definition of extreme poverty, but also for the urban middle class. The price of a kilo of rice has nearly quadrupled since May 2023, while wages have barely budged. Even though inflation is now falling, many still struggle to afford enough to eat.>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>> anonimi: |
| Re: Nigeria’s Economy May Be Back From The Brink - The Economist by Guestmale: 10:32am On Jan 30 |
Gotocourt:You're right, for example how will someone buy a soap at wholesale price of ₦100 and be selling it for ₦200, that's hundred percent profit. |
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. Prices have dropped since last year at distributors warehouses but greedy shop owners ain't backing out. Car parts sellers are increasing prices though not all.