₦airaland Forum

Rutherinspace:
You actually have a good understanding of economics and economic evaluation.
Many people don't understand these concepts.

Thanks. I studied passionately and personally for years before reaching my conclusions

mrvitalis:
Lmaooo once you See APC paid write up you just know

Nigeria GDP is not bigger than South Africa GDP we are 40% or more short off

Real GDP contribution is largely driven by population and not productivity

You know the painful part? APC guys know this but would still push the wrong narrative

Same when they started measuring GDP in PPP lol

APC paid the IMF and world statistics to release a Global statistic in favor of Nigeria.
I didn't realize APC was this powerful??
E be like say brain dey pain you

You do pass olosho for Egypt?
Do you think many of us we leave Nigeria for Egypt?
Only people that engage themselves in olosho and drug things like you will freak for Egypt.

I better remain in Nigeria and manage what I see everyday than to go dey run drug or sleeping with dogs in Arab world.

agentNija:
Will you like to travel and work in Egypt? I can help your life ok.

mrvitalis:
Lmaooo once you See APC paid write up you just know

Nigeria GDP is not bigger than South Africa GDP we are 40% or more short off

Real GDP contribution is largely driven by population and not productivity

You know the painful part? APC guys know this but would still push the wrong narrative

Same when they started measuring GDP in PPP lol

The data is from the World Bank not the APC.

Rutherinspace:
You actually have a good understanding of economics and economic evaluation.
Many people don't understand these concepts.

Because it's what the ordinary people feel that matters more than statistics. I'm not saying that stats is bad, I'm just saying that people only feel numbers when those numbers are affecting their lives directly. Any other thing is just economic gymnastics. The ordinary man on the street does not need Macroeconomics 101 to know if his life has improved in a year or not.

mrvitalis:
Lol this is stale bro come up with something more creative when the topic of focus is above your IQ level

.
Crying and weeping are Constitutional rights, we won’t deny you those rights, so cry well well

Princedapace:
Baba, I need electricity, period. I need my purchasing power increased, period not reducing my purchaisng power.
Like I dont want to sleep under heat and mosquitoe pls. All these other countries happy, they have electricity, Leave Peter Obi matter, I just want light and water, I am tired of carrying generator to fix. It is heavy and noisy and annoying.
I want quality healthcare. Like, i want at least the level of SA healthcare abeg. Do u get? These are what affect ordinary Nigerians. I want to stop paying estate security, I want emergency services respond to me like they do in SA. I dont want to dig bore hole to get water and I want to stop buying bottle water. It is expensive and no one will deduct that from my tax.
I want to stop wasting money on politicians who live so lavishly while masses suffer. These are whar will make us happy. We cant be dying at the hospital becus of no electricity at hospital and u expect us to be happy for mumu statis. I was at a private hosptial, they are using solar and them dey manage am. Rubbish country.

No President can provide uninterrupted electricity, pipe borne water, universal health coverage and effective security for over 230 million people under three years. Not when he inherited a complete mess in all those areas. Anybody telling you they will achieve those things in four years is lying.


FG has been handling electricity since 1960 without much success. It should be obvious to every sensible person that FG alone can’t provide electricity for all Nigerians. That’s why the Jonathan administration privatized some aspect of the electricity value chain in 2013. Even at that, the private sector couldn’t attract the needed investment because of the huge subsidy in the system. The Tinubu administration has now removed electricity from the exclusive list. State and private sector can now generate, transmit and distribute electricity to the final consumer outside of the national grid. So, go and ask what your state governor is doing about electricity.

Water supply is another concurrent issue. Is it best handled by your state government. Go and ask your governor what he’s doing about water supply. The president in Abuja cannot provide drinking water to 230 million people.

Same apply to the health sector. Primary and secondary health facilities are the responsibility of your state government. The president in Abuja cannot provide PHC facilities for 230 million people. It’s impossible. The FG should only provide tertiary health care institutions. State and private sector should cover the rest. Again, go and and ask your state governor about what he’s doing in the heath sector.

seunmsg:
This news ordinarily should elicit optimistic and positive reactions from all sensible Nigerian. Since the IMF published the stats, folks who primarily come from the SE have done everything humanly possible to attack and condemn the news. While Chinese, Indians and nationals of other countries mentioned in the top ten went under the tweet to project their countries positively, these set of Nigerians who support Peter Obi went under the tweet to attract IMF and world of statistics.

South African and a lot of Europeans went under same tweet to bash their government for not doing enough to make the top ten. In fact, some Europeans appealed to IMF to present the EU as a country so that the EU can make the top ten. That’s how much other countries value the achievement. But in Nigeria, these haters are attacking everybody because Nigeria achieved what a lot of other countries are struggling to achieve. They are so pained and angry.

Sadly for them, our economic growth is on a very high trajectory. It is unstoppable. The country shall continue to get better and they shall continue to get angry.

We should be happy that the finishing specialists are in pain because that could only mean that the country is progressing.

So let us pray for more pain for them if it means progress for the country

Tinubu till 2031.

mrvitalis:
Lmaooo once you See APC paid write up you just know

Nigeria GDP is not bigger than South Africa GDP we are 40% or more short off

Real GDP contribution is largely driven by population and not productivity

You know the painful part? APC guys know this but would still push the wrong narrative

Same when they started measuring GDP in PPP lol

Pls Sir, I love your simple illustration.Pls why is India not there

Ofunaofu:
seunmsg, listen carefully, once you have to drag tribes and political opponents into an IMF chart, you’ve already lost the economic argument.

No one is angry that Nigeria may grow. People are angry that this so-called “growth” hasn’t translated to low cost of living, stable food prices, stable electricity, jobs, basic health care or security of lives and property.

Patriotism is not pretending pain doesn’t exist.

Celebrating projections while dismissing real suffering isn’t optimism, it’s propaganda.

Stop it. You are angry about the country's progress. Don't lie.

Tinubu till 2031.

I thought this was about our Juliet knocking the living hell outta that beautiful SA MMA fighter.

Juliet is too wicked. She beat kolo comot for the girl body. Smh

seunmsg:
This news ordinarily should elicit optimistic and positive reactions from all sensible Nigerian. Since the IMF published the stats, folks who primarily come from the SE have done everything humanly possible to attack and condemn the news. While Chinese, Indians and nationals of other countries mentioned in the top ten went under the tweet to project their countries positively, these set of Nigerians who support Peter Obi went under the tweet to attract IMF and world of statistics.

South African and a lot of Europeans went under same tweet to bash their government for not doing enough to make the top ten. In fact, some Europeans appealed to IMF to present the EU as a country so that the EU can make the top ten. That’s how much other countries value the achievement. But in Nigeria, these haters are attacking everybody because Nigeria achieved what a lot of other countries are struggling to achieve. They are so pained and angry.

Sadly for them, our economic growth is on a very high trajectory. It is unstoppable. The country shall continue to get better and they shall continue to get angry.

Positive reaction will only come when the hyperinflation comes down.

seunmsg:
This news ordinarily should elicit optimistic and positive reactions from all sensible Nigerian. Since the IMF published the stats, folks who primarily come from the SE have done everything humanly possible to attack and condemn the news. While Chinese, Indians and nationals of other countries mentioned in the top ten went under the tweet to project their countries positively, these set of Nigerians who support Peter Obi went under the tweet to attract IMF and world of statistics.

South African and a lot of Europeans went under same tweet to bash their government for not doing enough to make the top ten. In fact, some Europeans appealed to IMF to present the EU as a country so that the EU can make the top ten. That’s how much other countries value the achievement. But in Nigeria, these haters are attacking everybody because Nigeria achieved what a lot of other countries are struggling to achieve. They are so pained and angry.

Sadly for them, our economic growth is on a very high trajectory. It is unstoppable. The country shall continue to get better and they shall continue to get angry.

Stfu you have nothing to say , Nigeria under APC is anti Igbo

Wickedtruths:
What was written by Businessinsider is what you're calling an APC write-up?

No wonder they dey cage you guys every Monday like fowl.

Percentage growth is what's written not the total GDP.

Nigeria GDP is expected to grow at a percentage higher than other African countries.

We have $290 billion and is expected to grow by 4.4% while Egypt with $390 is expected to grow by 3.9%

What's being discussed here is different from what the article is saying.

Knocked out south africa in GDP, but the same Nigerians are moving to south africa for job and to better their lives to build the same Nigeria...

Something dey worry unah

Ojuntana:
You really can't blame Obidients. They learnt well from BATists.

In 2013 on the sidelines of the WEF, President Jonathan had an interview with Amanpour where he spent most of the interview projecting Nigeria in very good light, talking about how we have been going about solving our agelong and systemic problems especially in the power sector. BATists jumped like e-rats and started attacking him with Amaechi's laptops while the interview was ongoing, claiming the whole country was in darkness and using uncouth words to describe the leader of the country.

Things got so bad that even Amanpour was forced to reference the tweets and asked Jonathan why his citizens differed so strongly with the picture he was painting. I'm sure the scenario was all well and good to you then.

Today, you are wailing about haters, bitterness etc etc. You brought rat-infested wood into the house. Don't complain at the visit of lizards!!

Seunmsg can never reply you. Bunch of propagandists. GDP rubbish and your citizens are still suffering.

seunmsg:
No President can provide uninterrupted electricity, pipe borne water, universal health coverage and effective security for over 230 million people under three years. Not when he inherited a complete mess in all those areas. Anybody telling you they will achieve those things in four years is lying.


FG has been handling electricity since 1960 without much success. It should be obvious to every sensible person that FG alone can’t provide electricity for all Nigerians. That’s why the Jonathan administration privatized some aspect of the electricity value chain in 2013. Even at that, the private sector couldn’t attract the needed investment because of the huge subsidy in the system. The Tinubu administration has now removed electricity from the exclusive list. State and private sector can now generate, transmit and distribute electricity to the final consumer outside of the national grid. So, go and ask what your state governor is doing about electricity.

Water supply is another concurrent issue. Is it best handled by your state government. Go and ask your governor what he’s doing about water supply. The president in Abuja cannot provide drinking water to 230 million people.

Same apply to the health sector. Primary and secondary health facilities are the responsibility of your state government. The president in Abuja cannot provide PHC facilities for 230 million people. It’s impossible. The FG should only provide tertiary health care institutions. State and private sector should cover the rest. Again, go and and ask your state governor about what he’s doing in the heath sector.

Pay per post analyst. You go explain tire. Nigeria is cursed under baba white powder.

seunmsg:
No President can provide uninterrupted electricity, pipe borne water, universal health coverage and effective security for over 230 million people under three years. Not when he inherited a complete mess in all those areas. Anybody telling you they will achieve those things in four years is lying.


FG has been handling electricity since 1960 without much success. It should be obvious to every sensible person that FG alone can’t provide electricity for all Nigerians. That’s why the Jonathan administration privatized some aspect of the electricity value chain in 2013. Even at that, the private sector couldn’t attract the needed investment because of the huge subsidy in the system. The Tinubu administration has now removed electricity from the exclusive list. State and private sector can now generate, transmit and distribute electricity to the final consumer outside of the national grid. So, go and ask what your state governor is doing about electricity.

Water supply is another concurrent issue. Is it best handled by your state government. Go and ask your governor what he’s doing about water supply. The president in Abuja cannot provide drinking water to 230 million people.

Same apply to the health sector. Primary and secondary health facilities are the responsibility of your state government. The president in Abuja cannot provide PHC facilities for 230 million people. It’s impossible. The FG should only provide tertiary health care institutions. State and private sector should cover the rest. Again, go and and ask your state governor about what he’s doing in the heath sector.

^^^


When asked to explain these obvious failures then the excuses start flowing, fast and furiously.

The poster you quoted put it in very clear terms: he isn't better off today than he was before your principal came on board. Your response (an unacceptable excuse, by the way) is that BAT 'inherited' a complete mess. Well...he knew that before he asked for the job didn't he?

We have had over 10 years of abysmally poor leadership from APC governments - governments that have the nerve to insult Nigerians for living 'fake' lives (whatever the hell that means), while the same governments continue to waste public money on the worst kind of frivolity. Nigerians are (or they should be) fed up with lousy excuses for APC's failure to deliver.

The PDP was sent packing because it failed to do its job. The APC is in the same place of failure now (that the PDP was in then) and it should also be shown the way out.

Paramount01:
Pls Sir, I love your simple illustration.Pls why is India not there

Population

Exousiang01:
APC paid the IMF and world statistics to release a Global statistic in favor of Nigeria.
I didn't realize APC was this powerful??
E be like say brain dey pain you

Ppp is not really GDP

muykem:
You sound half intelligent, where is our population before now? Do you know that this projection will attract foreign investors? Tinubu decision is paying off, your wrong mindset notwithstanding.

Investors look at real GDP (nominal) per capita not (GDP)PPP

Investors care about your disposable income

So if you are an investor u would come to Nigeria

If what you sale is about 10 dollars

Kemetian:
https://africa.businessinsider.com/local/markets/nigeria-set-to-overtake-south-africa-as-africas-top-contributor-to-global-growth-in/72012wb

Anything coming out from IMF is fake just to give Nigerians false hope as we are number one of borrowing money from them.

We can never surpass South Africa in anything.

A country that can not boost of 24 electricity ⚡️.

IMF is controlled by USA and Jews now South Africa is they number enemy for supporting Palestinian and genocide in Gaza.

seunmsg:
No President can provide uninterrupted electricity, pipe borne water, universal health coverage and effective security for over 230 million people under three years. Not when he inherited a complete mess in all those areas. Anybody telling you they will achieve those things in four years is lying.


FG has been handling electricity since 1960 without much success. It should be obvious to every sensible person that FG alone can’t provide electricity for all Nigerians. That’s why the Jonathan administration privatized some aspect of the electricity value chain in 2013. Even at that, the private sector couldn’t attract the needed investment because of the huge subsidy in the system. The Tinubu administration has now removed electricity from the exclusive list. State and private sector can now generate, transmit and distribute electricity to the final consumer outside of the national grid. So, go and ask what your state governor is doing about electricity.

Water supply is another concurrent issue. Is it best handled by your state government. Go and ask your governor what he’s doing about water supply. The president in Abuja cannot provide drinking water to 230 million people.

Same apply to the health sector. Primary and secondary health facilities are the responsibility of your state government. The president in Abuja cannot provide PHC facilities for 230 million people. It’s impossible. The FG should only provide tertiary health care institutions. State and private sector should cover the rest. Again, go and and ask your state governor about what he’s doing in the heath sector.

Hahahaahah
Now, I have ur time and u are not talking to a fool!
I should ask my governor what he is doing with the money given to him?
Now, same governors who are always rushing to the ruling parties to gain favour from president and president who protects them in return for their states to be captured for the president?
U go and protest, they send soliders and police who are fully controlled by the president to shoot us. In Nigeria, all u need to do is ass lick the president. The president controls Nigeria, this is why we are demanding for true federalism or complete restructuring, but no president has agreed. The president is so powerful that judges, national assembly, governors, ministors, etc, all ass lick the president and will do anything for him instead of working for the masses. U cant protest, they have president backing and police or military will be deployed agaisnt Nigerians and people will be killed.

Now, on ur other views, it is funny because someone like me doesnt care who is in power, I just want a working Nigeria. The president position is the most powerful and number 1 citizen of the country in a unitary federal system, we will all hold the president accountable.
He is the highest paid, he has access to do anything, can withdraw our money as he likes, no one questions him. He can award contracts as he likes, we cant do anythiung, he controls the CBN, he controls the police, the military, the water ways, the list goes on. The federal hospitals are still wack, the federal roads are wack, if u want states to do most of the governance work, then lift powers out of the hands of the president and devote most powers to governors, they are closer to the poeple.
I am paying the president from my sweat daily, he has to do his job, he controls EFCC, lol. He should persecute everyone, not those who refused to work for them.
I am angry at Nigeria, not anyone. I cant be happy with any mumu statisc when I dont have electricity, water, good roads, healthcare, nothing.
China is bigger than us but has these things
if population is ur problem, why not break the country into smaller segments?
has the president stopped spending heavily on him self and families? I mean, they budgeted heavily for solar last year and this year. So, what happens to me whose money is being used to prepare solar for the president and I am asked not to hold the president accountable for not providing me with social amenities in return?
At least the president should protect Nigerians since he alone controls the entire security structure. I mean, why take a job u cant do when u will make excuse that the country is too large? Like, so u just came to eat money or what? I am spending a lot of my sweat on these men.
My bro, I am not happy with Nigeria and wont celebrate shit when we type this under darkness, use power bank, buy bottle water and still gets taxed up to 38 percent from various tax. No way, no way, it is a failed country governed by wicked humans.

mrvitalis:
Lmaooo once you See APC paid write up you just know

Nigeria GDP is not bigger than South Africa GDP we are 40% or more short off

Real GDP contribution is largely driven by population and not productivity

You know the painful part? APC guys know this but would still push the wrong narrative

Same when they started measuring GDP in PPP lol

Real GDP is driven by population? Who taught you economics? Go and collect your tuition back.

SixSeven:
Because it's what the ordinary people feel that matters more than statistics. I'm not saying that stats is bad, I'm just saying that people only feel numbers when those numbers are affecting their lives directly. Any other thing is just economic gymnastics. The ordinary man on the street does not need Macroeconomics 101 to know if his life has improved in a year or not.

My point was people misuse numbers. They don't fully understand what certain measurements mean. People use GDP alot but it's not a direct measure of human welfare neither is it a measure of economic wealth.
For welfare of citizens we use the beyond GDP agenda which evaluate different metrics.
Economic indicators provide insight into a country's economy.
It's a different argument when we talk about the welfare of citizens.

Vision101:
Real GDP is driven by population? Who taught you economics? Go and collect your tuition back.

PPP

In another news, Trump has sent a small team of soldiers to Nigeria to defend Christians.

The United States has sent a small team of troops to Nigeria, the first acknowledgment of U.S. forces on the ground since Washington struck by air on Christmas Day.

helinues:
Their current political stagnant was laid by their fore father's due to bad decision making, this current generation are only competing to lay more terrible foundation for their unborn kids

They have sown hatred and they would reap it in abundance as time flies

mrvitalis:
Lmaooo once you See APC paid write up you just know

Nigeria GDP is not bigger than South Africa GDP we are 40% or more short off

Real GDP contribution is largely driven by population and not productivity

You know the painful part? APC guys know this but would still push the wrong narrative

Same when they started measuring GDP in PPP lol

Wtf

This so true. See South Africans fighting to get visa to Nigeria.

seunmsg:
This news ordinarily should elicit optimistic and positive reactions from all sensible Nigerian. Since the IMF published the stats, folks who primarily come from the SE have done everything humanly possible to attack and condemn the news. While Chinese, Indians and nationals of other countries mentioned in the top ten went under the tweet to project their countries positively, these set of Nigerians who support Peter Obi went under the tweet to attract IMF and world of statistics.

South African and a lot of Europeans went under same tweet to bash their government for not doing enough to make the top ten. In fact, some Europeans appealed to IMF to present the EU as a country so that the EU can make the top ten. That’s how much other countries value the achievement. But in Nigeria, these haters are attacking everybody because Nigeria achieved what a lot of other countries are struggling to achieve. They are so pained and angry.

Sadly for them, our economic growth is on a very high trajectory. It is unstoppable. The country shall continue to get better and they shall continue to get angry.

At this time in life, I think we can just make a simple comment or addition without provoking the sensibilities of others. There are people everywhere – some will like you, while some will not – just move on with positivity. People who don't like you may one day be infected by the positivity. Tribal sentiments isn't doing this generation any good

That's the simple truth. I just reflect on the tenure of the last President when the economy was a trash and badly managed by him and his disciples. It'd never been bad as that and remembering we were paying subsidies for fuel and also fake valuation of FX.......Tinubu is trying but should try more so that those progress can filter to the common people who need it most.....Happy that Nigeria is progressing against all odds and bad advertisement by opposition.......

simpleseyi:
JAGABAN the builder of a new Nigeria. No noise, just actions. Hard decisions with strategic steps