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Nairaland Forum / Nairaland / General / Politics / Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! (18613 Views)
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Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by ishiamu(m): 8:27am On Feb 13, 2015 |
According to a recently released PWC report available on most top British & European Newspapers and Tabloids, The UK economy will be overtaken by Nigeria and Mexico by 2050 as the country currently sitting among the Top Ten economies in the World may be displaced by these emerging economies given the current GDP growth rate of the country.The UK’s economy’s will lag behind emerging markets, as its GDP growth rate falls from 2.3 per cent in 2014 to around 1.8 per cent in 2050, the report attributesan aging population and slothfulness among the countries workers as reason for the decline in the UK’s productivity.Nigeria currently the 39th strongest Economy in the World under President Jonathan’s government in terms of GDP, Vietnam and the Philippines have high projected average growth rates of around 4.5-5.5 per cent per year until 2050. Malaysia is also projected to grow at around 4 per cent, which is higher than China’s projected average growth rate of around 3.5 per cent.By 2050, according to a World Bank, Goldman Sachs study it is believed that if this current growth rate is maintained, Mexico will have become the Eight biggesteconomy in the world, and Nigeria the 13th by 2050. Turkey, Vietnam, Colombia, Poland and Malaysia are also slated to be the fast-growing large economies in the years taking us up to the middle of the century.John Hawksworth, PwC’s chief economist, said: “Europe needs to up its game if it’s not to be left behind by this historic shift of global economic power, which is moving us back to the kind of Asian-led world economy last seen before the Industrial Revolution. The US may hold up better, provided it can remain at the global technological frontier, and the UK could also perform well by G7 standards if it remains open to trade, investment, people and ideas.”However, while it is easy to cite mammoth growth for emerging markets, PwC did state that for these economies to realise their full potential, their respective governments would need to pursue and maintain sensible economic policies. http://www.thewhistleng.com/we-dont-want-this-to-change-nigeria-mexico-to-overtake-uk-economy-given-current-growth-rate-exclusive/ 22 Likes 4 Shares
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Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by ishiamu(m): 8:29am On Feb 13, 2015 |
Apc have eyes but can not see..... God bless my president God bless nigeria. Gej till 2019 My president is black my lambo is blue. 153 Likes 8 Shares |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by SMALLPENIS(f): 8:32am On Feb 13, 2015 |
My President is black, my lambo is red GEJ till 2019 now, the question is, how old will I be in 2050 63 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by ishiamu(m): 8:32am On Feb 13, 2015 |
ishiamu: Temitemi1, firefire, phockphockman, nigerianvenom, msmon, biafranqueen, clevvermind, barcanista, omenka, berem, ishilove, lalasticlala, muguliciousmugu, ikengawo, ngwakwe, obinoscopy, mynd44, idumose, showyourcertificate, severussnape, seun et all 7 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by Nobody: 8:44am On Feb 13, 2015 |
Forget the statistics; there are three things: lies, damn lies and statistics (Pat Utomi). 35 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by drkay9: 8:45am On Feb 13, 2015 |
1 Like |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by Nobody: 8:47am On Feb 13, 2015 |
I am happy that they recognized our potentials, but I still don't get the true message. We keep hearing that we are growing without experiencing real development. Nigeria for sure have potentials, but again where is the real growth? Why is NOI being so crafty with statistics? 26 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by ellechrystal(f): 8:47am On Feb 13, 2015 |
It is well I pray Nigeria gets better, I c a brighter future. 5 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by ellechrystal(f): 8:52am On Feb 13, 2015 |
tpacalipse:What do u really want Truth right? Has any Nigerian politician ever told d truth? Pat utomi is also a liar, all of them r liars, just appreciate d little u c for now. That's all 15 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by clevvermind(m): 9:38am On Feb 13, 2015 |
anybody calling Jonathan clueless is a witch or wizard. he or she is an enemy of progress. God punish devil. Jonathan till 2019 jor. haters should do the needful, they should look for the nearest transformer to hug. 55 Likes 2 Shares |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by ishiamu(m): 11:06am On Feb 13, 2015 |
clevvermind: The apc mods has turned a blind eye to the thread instead they put up don jazzy and his girl friend wonder how that shit will help us in future smh.... lalasticlala, ishilove, obinoscopy do what's right ooo 20 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by clevvermind(m): 11:21am On Feb 13, 2015 |
ishiamu:if it was anti-Jonathan's thread now, it would quickly be moved to the front page. God dey sha. 8 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by haibe(m): 11:57am On Feb 13, 2015 |
That's what we always hear |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by teemanbastos(m): 11:58am On Feb 13, 2015 |
Economy good yet i dy struggle, xo whatz d benefit of good economy? gej is working 6 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by Dannyset(m): 11:58am On Feb 13, 2015 |
We will get there. We won't CHANGE the good ones. We know we can be BETTER. But from all indications, We need CHANGE. So if ur not afraid, let's go to the polls. Don't dcv us. The same way u told us our economy is fast growing and we are not seeing in reality. THE CHANGE HAS COME. If u hav any differing opinion, pls cry me a river. Hahahaha! 1 Like |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by Babaneh(m): 11:59am On Feb 13, 2015 |
Let's wait till it overtakes.. I can't keep documenting what's yet obtainable... 1 Like |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by englishmart(m): 11:59am On Feb 13, 2015 |
in celine dione's voice "until then goodbye" 1 Like 1 Share |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by Burger01(m): 11:59am On Feb 13, 2015 |
By 2050 lon lon! We want to overtake them now! Vote Buhari #Change #March4Buhari #iHaveDecided 18 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by free2ryhme: 11:59am On Feb 13, 2015 |
And people are leaving nigeria and mexico to the UK to study, nice wages and quality lifestyle. Hope the author of this write up no smoke smoething sha 6 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by waternogetemeny: 12:00pm On Feb 13, 2015 |
Our economy is doing well with GEJ even UK, Europe and USA feels threatened by the pace of growth and development. Our growth means catching up and catching up means going down in economic power of UK, USA AND EUROPE. Forward ever, backward never. GEJ for Life... 24 Likes 1 Share |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by madridguy(m): 12:00pm On Feb 13, 2015 |
GDP going rise while the common Nigeria are dying in abject POVERTY. Do we need to wait till 2050 before common Nigerian can have access to Good Health, Good Water, Good road network, security and countless social amenities. So with these rating can we now assume that we are enjoying more than Canadian? Italian ?.......... We need all this GDP in practical not in paper.. GOD BLESS NIGERIA. 6 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by celeron40(m): 12:00pm On Feb 13, 2015 |
This government is playing on our intelligence....GDP is no longer being widely accepted as a measure of economic development...it can only measure economic growth per period..Modern day economists use the Human Development Index(developed by Amartya Sen for the UNDP in 1990) as the real measure of economic development...The GEJ's government's main theme is that we have the "largest economy in Africa"...of course we will have the largest! We have a hughe population..,Nigeria's HDI indices is one of the lowest in the world so of what use is some B.S IMF piece of paper measurement to the average man on the streets? If GEJ was intelligent, which he is not, his government will address Power supply as a main theme..Job creation, industralization and economic growth is tied with the power sector..then, we will have REAL economic growth, economic devt. And increase in living standards.. Keep your yeye GDP analysis to yourselfs..biggest economy, yet mind-blowing poverty. These figures don't fool me. 17 Likes 1 Share |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by Shedysworld(m): 12:00pm On Feb 13, 2015 |
Great news! 3 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by IDOHOU: 12:01pm On Feb 13, 2015 |
mtchew Ngozi okonjo iweala from World bank Olusegun aganga from goldman UK by 2050 ---5.69. nigeria 4.91 and the topic says we will overtake who is fooling who. they told us same thing that by 2020, now its 2050, soon it will be 2100 14 Likes 1 Share
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Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by BrAkingNews: 12:01pm On Feb 13, 2015 |
ok |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by Nobody: 12:01pm On Feb 13, 2015 |
2050? Lets hope that Boko Haram do not bomb us all before then. meanwhile, Nigeria to overtake Pluto Darkness before 201... **battery too low for radio use** 1 Like |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by UrennaNkoli(f): 12:01pm On Feb 13, 2015 |
Good but that rigorous journey to year 2050 starts from march 28 .Only change can make this a reality. Not at this useless tenure where a £ = #312 #VoteforBuhari please vote wisely [size=18pt]Sai Buhari[/size] 6 Likes 1 Share |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by deejayterabyte(m): 12:02pm On Feb 13, 2015 |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by jude33084(m): 12:02pm On Feb 13, 2015 |
Hahahahaha! The title though 1 Like |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by unite4real: 12:02pm On Feb 13, 2015 |
the graph did not show that Nigeria economy overtook uk in 2050 as estimated. You can change the heading to read that nigeria economy to rank 13th in the world by 2050 as estimated. 3 Likes |
Re: Nigeria, Mexico To Overtake UK Economy, We Don’t Want This To “CHANGE”! by Nobody: 12:02pm On Feb 13, 2015 |
At N312 to £1 and still rising? 6 Likes |
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