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Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC - Politics (6) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC (43143 Views)

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Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Maximus03: 1:14pm On Feb 20, 2019
BAD MARKET FOR WAILING WAILERS.
SAI BABA ! SAI BUHARI

NEXT LEVEL PLS
4+4= SAI BABA.

2 Likes

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by MrAJQ(m): 1:16pm On Feb 20, 2019
Chidex50:
In 2015 Buhari promised us change. We took him to Aso Rock to take over the steering. He quickly drove us from the best performing economy to poverty capital of the world. We raised alarm from the passengers' seats to press the REVERSE gear. He refused and pressed the NEXT LEVEL gear. With the way he is driving this car recklessly, we might be moving from normal poverty to CHRONIC POVERTY CAPITAL of the world.
Am 100% sure you didn't vote for Buhari in 2015.

1 Like

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by semyman: 1:19pm On Feb 20, 2019
mycar:
Checking BBC website

Fake news spotted, edited bbc screenshot.
just like scam emails, they will always make a mistake, going by the write up if it is something to go by,
**Nigeria comes in at number one with a GDP of $1.121 trillion** No projection from the world bank.

And ** Egypt is second with GDP - $1.13 trillion**.
The World Bank (WB) predicts that the country's economy will increase by 5.7% in 2019.

So, when has 1.121 become bigger than 1.13?

I see fools everywhere! Just create a blog site, type rubbish there, create a thread and the moderator will send it to the front page twice with the speed of light but that of a sensible thread,No, he will close the thread and refer you to another closed thread. You end up going in circles in other to contribute
Fault finder, deal with it

2 Likes

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by MrAJQ(m): 1:20pm On Feb 20, 2019
ken6488:
i never mentioned atiku i just said capable being about security am secured oo what about benue,zamfara,bornu,kaduna are they leaving with peace we need a unifiyer in this country smiley smiley
Sir, every country is having security challenges and certainly that of Nigeria is coming to any end
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Nobody: 1:22pm On Feb 20, 2019
myboy2111:
Wao ..we are now over $1 trillion
Good news

That's a good news... How I wish we can focus on manufacturing and buying Nigeria goods
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Fourwinds: 1:23pm On Feb 20, 2019
MrAJQ:
do you bother to go through the link? So you wish it is not true abi?
does that link has anything to do with BBC? The OP merged two different reports together... That BBC report should be during the time of GEJ... Reason why I was after the date and year on the screen and also such a report will be found on BBC website.. So tell OP to show us link to BBC that substantiate this report... BTW which is Bigger 1.121trillion and 1.13trillion

2 Likes

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Olumyco(m): 1:23pm On Feb 20, 2019
ogbonti:





42 billion reserve to 1 trillion overnight? Even America can't achieve that in 4 months, talk less of Naija.... make una no worry, the election was postponed to fool the gullible more with fake news and further intimidate the opposition
..NEWS FLASH, it seems to be working, make una no vex, make una vote for Buhari, snipper producers are waiting to become billionaires when the second term of frustration hit una!

The news is fake with the figures but mind you foreign reserve is different from GDP

2 Likes

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by foreshore(m): 1:23pm On Feb 20, 2019
MrAJQ:
Nigeria currently leads as the top economy on the continent with a 1.9 per cent increase.

Nigeria has the biggest economy in Africa according to PwC Nigeria has the biggest economy in Africa according to PwC

PricewaterhouseCoopers has revealed the seven biggest economies in Africa right now.

The firm's report, ‘Nigeria Economic Outlook - Top 10 themes for 2019,’ was released on February 18, 2019.

According to the data provided by the professional services firm, Nigeria has the biggest economy on the continent, followed by Egypt and South Africa.

Here are the 7 biggest economies in Africa right now, ranked in descending order of wealth:

Nigeria

Nigeria comes in at number one with a GDP of $1.121 trillion. Manufacturing, financial, service, communications, technology, entertainment, agriculture and oil sectors all contribute to the country's economy.

More money is coming into the Nigerian economy More money is coming into the Nigerian economy More money is coming into the Nigerian economy
Egypt

GDP - $1.13 trillion. Sectors like tourism, gas, telecom and construction play major roles in Egypt's economy. The World Bank (WB) predicts that the country's economy will increase by 5.7% in 2019.

ALSO READ: Here is a list of the 10 biggest African economies in 2018

South Africa

GDP - $765.5 billion. Tourism is a major revenue generating industry.

PwC's Nigeria Economic Outlook - Top 10 themes for 2019 PwC's Nigeria Economic Outlook - Top 10 themes for 2019 PwC's Nigeria Economic Outlook - Top 10 themes for 2019
Algeria

GDP -$630.5 billion. The non-hydrocarbon sector (petroleum and natural gas) is the major contributor to the country’s economy.

Ethiopia

GDP -$199.3 billion. The services and agriculture sectors contribute heavily to the country's economy.

Angola

GDP - $197.9 billion. The country's economy relies heavily on the oil sector in addition to the manufacturing, agricultural, transport and fisheries sectors.

Angolan 500 Kwanza note Angolan 500 Kwanza note Angolan 500 Kwanza note
Still, Focus Economics, a major provider of economic analysis and forecasts for 130 countries, predicts a 1.3% increase in 2019.

Kenya

Last on the list is Kenya with a GDP of $163.3 billion. Major industries include financial, agriculture, tourism, mining and minerals.

https://www.pulse.ng/bi/finance/here-are-the-7-biggest-economies-in-africa-right-now/8njsqgb

APC has gone to bribe them
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by frowland(m): 1:23pm On Feb 20, 2019
festacman:
This is the result of some hard but patriotic decisions that may be unpopular but are necessary for real and sustainable economic growth.

For several years we are used to an economy that is driven largely by importation and 'money is flowing' handouts from corrupt politicians. It pushed us into a comfort zone that has done little to encourage production.

This piece of good news means we are going somewhere. Next Level will certainly bring more good news. But it all depend on majority of Nigerians come this Saturday. Don't vote emotionally. Vote for necessary hard decisions that other countries had taken long ago but which we keep postponing because of accompanying pains. Vote wisely.

Well said
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by AngelicBeing: 1:24pm On Feb 20, 2019
mycar:
Checking BBC website

Fake news spotted, edited bbc screenshot.
just like scam emails, they will always make a mistake, going by the write up if it is something to go by,
**Nigeria comes in at number one with a GDP of $1.121 trillion** No projection from the world bank.

And ** Egypt is second with GDP - $1.13 trillion**.
The World Bank (WB) predicts that the country's economy will increase by 5.7% in 2019.

So, when has 1.121 become bigger than 1.13?

I see fools everywhere! Just create a blog site, type rubbish there, create a thread and the moderator will send it to the front page twice with the speed of light but that of a sensible thread,No, he will close the thread and refer you to another closed thread. You end up going in circles in other to contribute
grin

1 Like

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Fourwinds: 1:25pm On Feb 20, 2019
semyman:

Fault finder, deal with it

It was a simple mathematical question he asked... See to it

1 Like

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by bluefilm: 1:28pm On Feb 20, 2019
MrAJQ:
This will break heart of the children of hate, the people that hate good news, they hate the little the poor are getting from the government.
They hate Tradermoni
They hate school feeding program
They hate Npower
They hate farmers anchor borrowers
They hate success achieved against Boko Haram
They hate success achieved in rice
They hate success achieved against corruption
They hate fight against ballot box snatchers
They hate to hear farmers-herdsmen truce
They hate one Nigeria

We the good people of Nigeria will show them hate on Saturday.

I just gave you like number 200.
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Fourwinds: 1:28pm On Feb 20, 2019
wamiikechukwu:


That's a good news... How I wish we can focus on manufacturing and buying Nigeria goods


It is not a good news rather a propaganda... Until someone prove to me the 1.121trillion is bigger than 1.13trillion...nonsense everywhere

2 Likes

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Olumyco(m): 1:29pm On Feb 20, 2019
ritababe:
When did Nigeria lose the biggest economy is Africa? We over took SA since 2017 na.

A bi ooo. Infact Nigeria overtook SA in 2014. Since then we have remained number 1 till today

1 Like

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Etinosa1234: 1:30pm On Feb 20, 2019
MrAJQ:
do you bother to go through the link? So you wish it is not true abi?

gv us d BBC link

1 Like

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Fourwinds: 1:30pm On Feb 20, 2019
Maximus03:
BAD MARKET FOR WAILING WAILERS.
SAI BABA ! SAI BUHARI

NEXT LEVEL PLS
4+4= SAI BABA.


So 1.121trillion is bigger than 1.13trillion...kai u need mathematics class abeg
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Fourwinds: 1:31pm On Feb 20, 2019
Olumyco:


A bi ooo. Infact Nigeria overtook SA in 2014. Since then we have remained number 1 till today

Funny nonsense
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by PresidentAtiku(m): 1:32pm On Feb 20, 2019
bidex:


where u see rice at 18k? rice that we bought two days ago at 11.5k?

Where please?

na election rice?

1 Like

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by JaceBlaze: 1:34pm On Feb 20, 2019
jakandeola:
xhosanostra jaceblaze jaqenhaqar just30
Congratulations,Jaks.Hopefully this time they raise enough budget towards finding a cure for your mental disorder.

4 Likes

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by MissRaine69(f): 1:37pm On Feb 20, 2019
mycar:
Checking BBC website

Fake news spotted, edited bbc screenshot.
just like scam emails, they will always make a mistake, going by the write up if it is something to go by,
**Nigeria comes in at number one with a GDP of $1.121 trillion** No projection from the world bank.

And ** Egypt is second with GDP - $1.13 trillion**.
The World Bank (WB) predicts that the country's economy will increase by 5.7% in 2019.

So, when has 1.121 become bigger than 1.13?

I see fools everywhere! Just create a blog site, type rubbish there, create a thread and the moderator will send it to the front page twice with the speed of light but that of a sensible thread,No, he will close the thread and refer you to another closed thread. You end up going in circles in other to contribute

Finally someone with sense
On this forum FP is all about who you know which pretty much sums up Nigeria in a few words.

3 Likes 1 Share

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by ogbonti: 1:40pm On Feb 20, 2019
Olumyco:


The news is fake with the figures but mind you foreign reserve is different from GDP


Very true
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by shyvicky: 1:41pm On Feb 20, 2019
If you like let 1 dollar equal to 1 naira today buhari must go
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by MissRaine69(f): 1:42pm On Feb 20, 2019
myboy2111:

But we have double the GDP since then. During Rebasing in 2014 it was $550b but it is now over $1 trillion going by this report. That is monumental progress
Progress for whom exactly?
New data published by Nigeria's National Bureau of Statistics (NBS) states Unemployment Rate in Nigeria increased to 23.10 percent in the third quarter of 2018 from 22.70 percent in the second quarter of 2018. It’s been on the increase for over 9 years.....
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Injiggerwolf(m): 1:42pm On Feb 20, 2019
Nigeria's economy has always been the largest in Africa, since 2014, this is not a news.

But I'm shocked the level whicb people accept any new without confirmation from reliable source such as this.
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by wisemrtortoise: 1:43pm On Feb 20, 2019
We had the highest as of 2017, then South Africa, Then Egypt. In 2018, Egypt rose to number one. Its up to the Next president to bring us back to the top
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by praz001(m): 1:44pm On Feb 20, 2019
bidex:


where u see rice at 18k? rice that we bought two days ago at 11.5k?



Here at igando, I bought rice for 12.5k last week... Hate does not stop God's work...

4 + 4N
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Kagawa10: 1:49pm On Feb 20, 2019
chemgee:
make una dey use d fear of God they dish out propaganda Naa. haba!
these are the largest economies in the world and judging by your FAKE NEWS Nigeria should be no 16 in the world Abi?
Once again Lie with sense so that we can respect you, don't insult the intelligence of millions of us that went to school..

Illiterate, the article said largest economy in Africa, not the whole world. As you can see in the list posted by you, Nigeria was the first African country to come up on the list.
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by WilsonGideon1: 1:50pm On Feb 20, 2019
I don't know if the news is true or not,because I am always following business news but even if it true, it not reflecting on the standard of living of ordinary citizens,Nigeria has always been overtaken countries since 2012 but nothing to show for it,high unemployment and increase in poverty level every year. Personally, I think the economy is just growing in the handful.(THE ECONOMY CABALS)
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by omonscloak: 1:51pm On Feb 20, 2019
There has to be hard times before the good times. Nigerian are not just patient enough. The say fulani and herdsmen crisis,that has been tackled, people are loosing jobs because corrupt politician don't have money to invest in banks and business. Yes the cost of living has gone but compared to 2years ago when a bag of rice was 21k and dollar above #400. Patient the say it's a virtue and so many Nigerians don't have it . My opinion is Atiku has nothing to offer, he sold Nitel and so many government properties puting so many people out of Job. Check your state or neighbouring state and ask yourself what PDP did as a government. We keep shouting Buhari what have you senator, rep, state governor done to improve your state. Vote wisely, if na PDP u wan vote ok but no insult who wan vote for APC because who you dey support ft decamp tomorrow and em don cause beef between many.

1 Like

Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Nobody: 1:52pm On Feb 20, 2019
Fourwinds:



It is not a good news rather a propaganda... Until someone prove to me the 1.121trillion is bigger than 1.13trillion...nonsense everywhere

Wait oooo, I just did a research and found out that Nigeria GDP is below 500 billion dollar how did it skyrocket so fast..
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Chiffy: 1:53pm On Feb 20, 2019
Uglymugg:


Dumb fvck lol

Dumber gullible fvck.
Tou have Google. Crosscheck tgis information and cry for you soul because your conscience will not allw you admit that it ia gake news. Nigeria's total GDP is not even up to half of 1 trillion dollars.
Olodo. Google it yourself and see
Re: Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC by Nobody: 2:00pm On Feb 20, 2019
Olumyco:


The news look fake though but for your information in the calculation of a country's GDP Population does not matter. Infact using income or expenditure approach population figure does not feature. GDP is much rooted in the business/economical activities done in a country within a yr

I guess Animals are responsible for bringing in business into such country. What do you understand about demand? What do you think will happen if there’s less population demanding for a product?

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