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The World In 2050. Nigeria's GDP Projection - Politics (2) - Nairaland

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Nigeria's GDP Grew By 1.87% in Q1 2020 Amid Global Challenges / World Bank Predicts Sharp Fall In Nigeria’s GDP / Nigeria’s Population To Reach 543 Million In 2050 — Osinbajo (2) (3) (4)

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Re: The World In 2050. Nigeria's GDP Projection by permit(m): 8:07am On Sep 08, 2017
by then the name Nigeria have been erase from the list of countries inthe world
Re: The World In 2050. Nigeria's GDP Projection by mrbillz(m): 8:08am On Sep 08, 2017
If not for bad leadership. We should be among the top 5
Re: The World In 2050. Nigeria's GDP Projection by tens4real(m): 8:09am On Sep 08, 2017
Pidginwhisper:
Abi if person wey dey behind this account go still dey by 2050..Soldier go,soldier come..barracks remain undecided
him go surely dey by 2050 to remind u of wetin him talk for 2017
Re: The World In 2050. Nigeria's GDP Projection by benikad(m): 8:09am On Sep 08, 2017
na so
Re: The World In 2050. Nigeria's GDP Projection by Mynd44: 8:10am On Sep 08, 2017
trillville:
Nigeria, Pakistan and India will experience some of the greatest population growth to 2050, but growth in average GDP per capita are projected to be relatively less strong in these economies.

This statement summaries our situation aptly
Because we are growing too fast. Our PCI (GDP/Population) is really low and will remain so unless we do something about our population
Re: The World In 2050. Nigeria's GDP Projection by Nobody: 8:12am On Sep 08, 2017
If we put war in the equation the dinamics will change dramatically.
Re: The World In 2050. Nigeria's GDP Projection by haryorbarmie83(m): 8:16am On Sep 08, 2017
dotunbekro06:

Comment if you want to comment, stop booking space.
is part of comment oga.

Re: The World In 2050. Nigeria's GDP Projection by Pidginwhisper: 8:17am On Sep 08, 2017
tens4real:
him go surely dey by 2050 to remind u of wetin him talk for 2017
Nigeria go surely dey to meet up the fulfilling purposes, if ppl like me and you chase dem mad ppl @ the elm of the country affairs
Re: The World In 2050. Nigeria's GDP Projection by trillville(m): 8:17am On Sep 08, 2017
Mynd44:

Because we are growing too fast. Our PCI (GDP/Population) is really low and will remain so unless we do something about our population

That's the thing. The projected growth in GDP is as a result of the growth in population and not improvements in productivity or efficiency. If we reduce birthrate, our projected GDP numbers will not materialise.
Re: The World In 2050. Nigeria's GDP Projection by aku626(m): 8:17am On Sep 08, 2017
It's based on population growth which is a problem for us at the moment because we can't make good use of its population no jobs or increase in infrastructure remember how buhari grounded development of infrastructure when he came in? Yeah that would have an effect on the data also corruption when there is no 0 tolerance to corruption at most, those figures might not be feasible. The G7 countries just have to adjust migration as they've infrastructure and are willing to do more, once that's done those figures would take a massive hit.
Re: The World In 2050. Nigeria's GDP Projection by NLbully(m): 8:19am On Sep 08, 2017
Ancientboy:
Nigeria economy be like.....
Nigeria matter Taya me....They don turn this one to meme grin
Re: The World In 2050. Nigeria's GDP Projection by Mynd44: 8:20am On Sep 08, 2017
trillville:


That's the thing. The projected growth in GDP is as a result of the growth in population and not improvements in productivity or efficiency. If we reduce birthrate, our projected GDP numbers will not materialise.
I disagree. Our rise in GDP is due to improvement in productivity. Sectors like Agriculture and minning should help in this regards.

Remember that before the renewing, we were third in Africa because industries like Entertainment was not calculated

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Re: The World In 2050. Nigeria's GDP Projection by Nwaisuochi(m): 8:27am On Sep 08, 2017
I hope this projection doesn't include Biafra in the calculation because UMU CHINEKE are going home
Re: The World In 2050. Nigeria's GDP Projection by amazingspiderma: 8:31am On Sep 08, 2017
But emerging economies need to enhance their
institutions and their infrastructure significantly
if they are to realise their long-term growth
potential.


According to Dr.Andrew S. Nevin, Chief
Economist, PwC Nigeria: “Nigeria's potential
advantages for future growth include a large
consumer market, a strategic geographic location
as a hub for Africa, and a young and
entrepreneurial population. The first step in
harnessing this opportunity requires deliberate
efforts to improve value-adding activity in the
non-oil economy, particularly in agriculture and
services.”


I believe the first comment says it all, significant infrastructural improvement, defines root causes.
But the second one with all due respect is just annoying, I call it beating around the bush.
Re: The World In 2050. Nigeria's GDP Projection by Ancientboy(m): 8:32am On Sep 08, 2017
NLbully:
Nigeria matter Taya me....They don turn this one to meme grin
lol,the meme sweet me no be small
Re: The World In 2050. Nigeria's GDP Projection by Nobody: 8:34am On Sep 08, 2017
And the population keeps growing.....when will y'all stop fvcking and get a life, This nation is definitely going to implode at this rate.... sad

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Re: The World In 2050. Nigeria's GDP Projection by omenkaLives(m): 9:21am On Sep 08, 2017
Mynd44:
Well, Nigeria is already above Egypt

Looking at Spain, Italy, Poland, Australia and Netherlands shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked shocked
Get out of my head Mr Mod! cheesy

Exactly what I was thinking!
Re: The World In 2050. Nigeria's GDP Projection by banmee(m): 9:29am On Sep 08, 2017
Nbote:
Dats how we have been projecting dat "E go beta" since and we are still not beta off from 10yrs ago. We like projections a lot but hardly want to do anything like putting frameworks in place to achieve d said goals. Ordinary lite we neva dey produce enough, our govt is still wholly dependent on oil and still looking for more.

The projection is for normal countries. Key word here is normal. Nigeria is not normal so the projections does not apply.
Re: The World In 2050. Nigeria's GDP Projection by Jaqenhghar: 9:47am On Sep 08, 2017
Nbote:
Dats how we have been projecting dat "E go beta" since and we are still not beta off from 10yrs ago. We like projections a lot but hardly want to do anything like putting frameworks in place to achieve d said goals. Ordinary lite we neva dey produce enough, our govt is still wholly dependent on oil and still looking for more.
God bless you.
Everyone is ignoring the fact that oil is becoming worthless with time. The arabs know tgis and are putting measures in place. Nigerians are doing nothing. when everything crashes they will come back to blame past leaders
Re: The World In 2050. Nigeria's GDP Projection by bigpicture001: 10:09am On Sep 08, 2017
in economics...all forecast are accompanied by the statement, ,.." citerus parubas" meaning "all things being equal"...without that all forecast are rubbish

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Re: The World In 2050. Nigeria's GDP Projection by wayodude(m): 10:11am On Sep 08, 2017
2050 is 33yrs from now. I'll be interested in seeing the projections made 33yrs ago (1984) especially what was expected of this country Nigeria. We can then use the factor of actual achievement made to normalise today's projections for 2050.
Re: The World In 2050. Nigeria's GDP Projection by Nbote(m): 10:14am On Sep 08, 2017
banmee:


The projection is for normal countries. Key word here is normal. Nigeria is not normal so the projections does not apply.

Exactly my point.. Nothing applies to us
Re: The World In 2050. Nigeria's GDP Projection by Fidelismaria: 11:21am On Sep 08, 2017
mtcheeew
there will be nothing as Nigeria in 2030 not to talk of 2050
Re: The World In 2050. Nigeria's GDP Projection by richeeyo(m): 12:28pm On Sep 08, 2017
naturalman:
This confused analyst...

Nigeria is far above Egypt
Egypt is correctly sloping downwards at the moment, and it does not look like they getting out anytime soon, nigeria us great Bro believe it, the Americans too always complain but we see theirs like heaven
We would get their


,
Re: The World In 2050. Nigeria's GDP Projection by Alexpetra: 5:10pm On Sep 08, 2017
I no understand... assuming china no control childbirth dat time na Number 0 them for dey be that oo.

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