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GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List - Politics (3) - Nairaland

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Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Yujin(m): 6:06pm On Apr 26, 2019
martineverest:
the headline shows op is poor mathematically.....our economy is larger than the entire west African countries,do u expect it to grow higher than smaller economics?

analogically,the growth rate of Switzerland,singapore,Korea etc economics is expected to be higher than those of USA, Germany,Japan,china and india

if u do the mathematical calculations,the growth in dollars of Nigeria economy could be larger than the entire growth of those west African economics
Mr. Larger Economy, what's the growth rate of the US, India and China? The way you guys defend the indefensible is very surprising. Nigeria is dying (which I support) under Buhari but you're still rationalizing it. Shame!

7 Likes 2 Shares

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Rossikk(m): 6:07pm On Apr 26, 2019
THIS IS OLD NEWS AND THEREFORE, A LIE.

Here is is the LATEST news on our GDP growth, from Bloomberg.

''As Nigerian President Muhammadu Buhari seeks re-election this week, economic growth is finally getting back to where it was when he took power four years ago.

Gross domestic product in Africa’s largest oil producer expanded 1.9 percent last year, the most since 2015, the Abuja-based National Bureau of Statistics said on its website on Tuesday. The economy grew 2.4 percent in the three months through December from a year earlier, the fastest since the third quarter of 2015.''

https://www.bloomberg.com/news/articles/2019-02-12/nigerian-economy-expands-1-93-in-2018-from-the-previous-year

Translation: Since the oil price crash of 2015, which caused the recession and economic slowdown, we are now BOUNCING BACK FAST, thanks to Buhari's policies and intolerance of corruption.

YOU PEOPLE NEED TO START USING YOUR BRAINS ONLINE, instead of acting like a herd of cows led by the nose by someone with an agenda..

The first thing to do when you see such stats as posted by the OP is to check the source, then check the date of the report to see if it reflects the current situation.

Don't just look at a report or graph and conclude without THINKING about the VERACITY of the information you're being shown.

You guys went to school/uni. START ACTING LIKE IT.

3 Likes

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by topstone4: 6:11pm On Apr 26, 2019
LawrenceOnline:


And plenty rice in kano fa

We have more than one rice in Kano o. We have (1) rice in Kano. (2) rice in Kano (3) rice in Kano, making 3 rices in Kano

3 Likes

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by RTSC: 6:11pm On Apr 26, 2019
Iamgrey5:
Nigeria used to have 6 to 7 % growth rate before it was rebased in 2013.

The base year I believe was shifted from the 80s to year 2000 to capture new industries.

Starting from 2014, the Nigerian economy slipped into economic recession due to fall in the prices of crude oil its major economic stimulant.

Never mind that Nigerian economic growth was not transferred to economic development as most of the money from crude was looted.



After the economy was rebased, Nigeria still had 7% as at 2014.
Though i agree that corruption is a major major problem.

Buhari need to do sometrhing radical. He is just wasting time if he thinks Nigeria will improve much at this rate even if corruption is reduced to zero.

Our growth rate is too poor.

2 Likes

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Nobody: 6:11pm On Apr 26, 2019
Iamgrey5:
our economy is larger than rest now

Almost 4 times self

We can't be expected to grow as fast as them

otherwise we would have been competing with the likes of the Uk

Why cant we expect to grow as fast? Does UK prime minister have two heads? Nothing wrong in competing and possibly surpassing UK jare

2 Likes

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by martineverest(m): 6:12pm On Apr 26, 2019
Yujin:

Mr. Larger Economy, what's the growth rate of the US, India and China? The way you guys defend the indefensible is very surprising. Nigeria is dying (which I support) under Buhari but you're still rationalizing it. Shame!
growth rate of USA is about 2.3 percent,while growth rate of Ivory coast Is 7 percent,will u now say American government isnt performing because ivory coast is growing faster....get the logic, I'm not supporting Nigeria government,but op made it look as if NIGERIA economy Is low compared to other African countries

4 Likes

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by 11doubledee: 6:13pm On Apr 26, 2019
Rossikk:
THIS IS OLD NEWS AND THEREFORE, A LIE.

Here is is the LATEST news on our GDP growth:

''As Nigerian President Muhammadu Buhari seeks re-election this week, economic growth is finally getting back to where it was when he took power four years ago.

Gross domestic product in Africa’s largest oil producer expanded 1.9 percent last year, the most since 2015, the Abuja-based National Bureau of Statistics said on its website on Tuesday. The economy grew 2.4 percent in the three months through December from a year earlier, the fastest since the third quarter of 2015.''

https://www.bloomberg.com/news/articles/2019-02-12/nigerian-economy-expands-1-93-in-2018-from-the-previous-year

Translation: Since the oil price crash of 2015, which caused the recession and economic slowdown, we are now BOUNCING BACK FAST, thanks to Buhari's policies and intolerance of corruption.
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Bede2u(m): 6:16pm On Apr 26, 2019
martineverest:
the headline shows op is poor mathematically.....our economy is larger than the entire west African countries,do u expect it to grow higher than smaller economics?

analogically,the growth rate of Switzerland,singapore,Korea etc economics is expected to be higher than those of USA, Germany,Japan,china and india

if u do the mathematical calculations,the growth in dollars of Nigeria economy could be larger than the entire growth of those west African economics
see as u just lie to people. And did it too with queens english....singapore is growing by 3.2%...china is growing by 6.7%

U.s.a economy is growing faster than korea and singapore...

In 2013 nigeria was the fastest growing economy in africa....anyway sha u are probably another partisan APC guy..so no need to discus with u. Enjoy

2 Likes

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Eben24: 6:16pm On Apr 26, 2019
can someone tell me what is really happening to Nigeria, the giant of Africa? undecided

1 Like

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by 11doubledee: 6:17pm On Apr 26, 2019
martineverest:
growth rate of USA is about 2.3 percent,while growth rate of Ivory coast Is 7 percent,will u now say American government isnt performing because ivory coast is growing faster....get the logic, I'm not supporting Nigeria government,but op made it look as if NIGERIA economy Is low compared to other African countries
My bro most People Will not understand you except they are willing to learn.
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by bigdot1759(m): 6:19pm On Apr 26, 2019
DonFreshmoney:
Imagine we are even 1.9%.. not even entered 2%. While the next country is 3.2%. When we were nearing 6% under goodluck jonathan. Buhari is a mess. Smelly mess
growth rate in what terms
As in what sector?
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by martineverest(m): 6:21pm On Apr 26, 2019
Bede2u:
see as u just lie to people. And did it too with queens english....singapore is growing by 3.2%...china is growing by 6.7%

U.s.a economy is growing faster than korea and singapore...

In 2013 nigeria was the fastest growing economy in africa....anyway sha u are probably another partisan APC guy..so no need to discus with u. Enjoy
Ur IQ is very low...the growth rate of Singapore( a highly developed country) is low cos the economy has gotten to its potential,same with United States.....while day of China is high cos it has higher potential and haven't gotten to its full potential yet.

2 Likes

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by balonaija(f): 6:22pm On Apr 26, 2019
well that is strange
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Pavarottii(m): 6:22pm On Apr 26, 2019
SamMilla1:
Let's blame Obasanjo (16yrs ago with average growth rate of 7%) and Goodluck (4 years ago with average growth rate of 3%). It can't be PMB's fault, he is too honest and hardworking............culled from the zoombies diary

CC
sarrki
Nah GEJ average not less than 5% through out his stay.
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by MiddleDimension: 6:23pm On Apr 26, 2019
Tombrown3:
God! You would have just shown me the country I was about to be born in.
I for even choose Ghana



non of you making noise here know what you are saying.

if Nigeria is growing at 1.9 percent of gdp, it means every year, we are adding about 6bn dollar to our economy everyday. the others..whatever the worth of their economy, do not add as much

1 Like

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Bizibi(m): 6:24pm On Apr 26, 2019
martineverest:
Ur IQ is very low...the growth rate of Singapore( a highly developed country) is low cos the economy has gotten to its potential,same with United States.....while day of China is high cos it has higher potential and haven't gotten to its full potential yet.

China with over a billion people and we are still struggling, we are still doing poorly.

1 Like

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Nobody: 6:25pm On Apr 26, 2019
martineverest:
the headline shows op is poor mathematically.....our economy is larger than the entire west African countries,do u expect it to grow higher than smaller economics?

analogically,the growth rate of Switzerland,singapore,Korea etc economics is expected to be higher than those of USA, Germany,Japan,china and india

if u do the mathematical calculations,the growth in dollars of Nigeria economy could be larger than the entire growth of those west African economics



U need to go to school.

2 Likes 1 Share

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by bendike: 6:25pm On Apr 26, 2019
martineverest:
the headline shows op is poor mathematically.....our economy is larger than the entire west African countries,do u expect it to grow higher than smaller economics?

analogically,the growth rate of Switzerland,singapore,Korea etc economics is expected to be higher than those of USA, Germany,Japan,china and india

if u do the mathematical calculations,the growth in dollars of Nigeria economy could be larger than the entire growth of those west African economics
Lol. Ok
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Pavarottii(m): 6:26pm On Apr 26, 2019
martineverest:
I know Ur IQ is low...do the mathematical calculations of GDP in relation with growth rate.u will realise that at that growth rate ,the amount of economical growth in dollars is larger than other west African nations combined
and wen GEJ was averaging 6% we're we not still populated?

No excuse here my brother.

2 Likes

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Pacesetter123(m): 6:28pm On Apr 26, 2019
martineverest:
the headline shows op is poor mathematically.....our economy is larger than the entire west African countries,do u expect it to grow higher than smaller economics?

analogically,the growth rate of Switzerland,singapore,Korea etc economics is expected to be higher than those of USA, Germany,Japan,china and india

if u do the mathematical calculations,the growth in dollars of Nigeria economy could be larger than the entire growth of those west African economics
Ayam not understanding.Tro more light on dis pls.
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Yujin(m): 6:28pm On Apr 26, 2019
martineverest:
growth rate of USA is about 2.3 percent,while growth rate of Ivory coast Is 7 percent,will u now say American government isnt performing because ivory coast is growing faster....get the logic, I'm not supporting Nigeria government,but op made it look as if NIGERIA economy Is low compared to other African countries
I decided to test you and you still failed. The US economy is almost saturated hence the low growth rate but Nigeria which is a virgin land with close to zero infrastructure shouldn't be less than 3%. Why were you mute on India and China despite their lack of natural resources. Make no excuse for gross failure under this incompetent regime.

6 Likes 1 Share

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by martineverest(m): 6:28pm On Apr 26, 2019
PrecisionFx:




U need to go to school.
is obvious education is far from u
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Pavarottii(m): 6:28pm On Apr 26, 2019
MiddleDimension:




non of you making noise here know what you are saying.

if Nigeria is growing at 1.9 percent of gdp, it means every year, we are adding about 6bn dollar to our economy everyday. the others..whatever the worth of their economy, do not add as much
So how much GEJ adding wen he was averaging 6%?
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Rossikk(m): 6:28pm On Apr 26, 2019
THIS IS OLD NEWS AND THEREFORE, A LIE.

Here is is the LATEST news on our GDP growth, from Bloomberg.

''As Nigerian President Muhammadu Buhari seeks re-election this week, economic growth is finally getting back to where it was when he took power four years ago.

Gross domestic product in Africa’s largest oil producer expanded 1.9 percent last year, the most since 2015, the Abuja-based National Bureau of Statistics said on its website on Tuesday. The economy grew 2.4 percent in the three months through December from a year earlier, the fastest since the third quarter of 2015.''

https://www.bloomberg.com/news/articles/2019-02-12/nigerian-economy-expands-1-93-in-2018-from-the-previous-year

Translation: Since the oil price crash of 2015, which caused the recession and economic slowdown, we are now BOUNCING BACK FAST, thanks to Buhari's policies and intolerance of corruption.

YOU PEOPLE NEED TO START USING YOUR BRAINS ONLINE, instead of acting like a herd of cows led by the nose by someone with an agenda..

The first thing to do when you see such stats as posted by the OP is to check the source, then check the date of the report to see if it reflects the current situation.

Don't just look at a report or graph and conclude without THINKING about the VERACITY of the information you're being shown.

You guys went to school/university. START ACTING LIKE IT.
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by martineverest(m): 6:29pm On Apr 26, 2019
Pavarottii:
and wen GEJ was averaging 6% we're we not still populated?

No excuse here my brother.
that was B4 the reading..when it was rebased,the economy became larger and growth rate started reducing.. this is just mathematical logic
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by martineverest(m): 6:32pm On Apr 26, 2019
Yujin:

I decided to test you and you still failed. The US economy is almost saturated hence the low growth rate but Nigeria which is a virgin land with close to zero infrastructure shouldn't be less than 3%. Why were you mute on India and China despite their lack of natural resources. Make no excuse for gross failure under this incompetent regime.
did u read my reply to other guy when he compared growth rate of China and that of Singapore or usa?
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Pavarottii(m): 6:35pm On Apr 26, 2019
martineverest:
that was B4 the reading..when it was rebased,the economy became larger and growth rate started reducing.. this is just mathematical logic
Growth rate reduced wen?
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by chiedozie198100: 6:35pm On Apr 26, 2019
martineverest:
the headline shows op is poor mathematically.....our economy is larger than the entire west African countries,do u expect it to grow higher than smaller economics?

analogically,the growth rate of Switzerland,singapore,Korea etc economics is expected to be higher than those of USA, Germany,Japan,china and india

if u do the mathematical calculations,the growth in dollars of Nigeria economy could be larger than the entire growth of those west African economics

will you shut up ur smelly mouth if you have nothing sensible to say?

the previous PDP govt u n ur zombies said wasted our resources had far better percentages year in year out. we were always in top 3, even with the size of our economy.

ur chief messiah (buhari) came and wE r last on the list.

una no even get any single shame.

SPITS.

1 Like

Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by sweetilicious(f): 6:38pm On Apr 26, 2019
Can you imagine? God,why did you allow us to slumber.
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Bizibi(m): 6:38pm On Apr 26, 2019
If Bangladesh could be among the top ten fastest growing economy then there is no need for excuses, Bangladesh of all nations making efforts to compete, even someone was comparing us to s.a as a consolation......
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by Maket: 6:39pm On Apr 26, 2019
And someone wants Buhari to sign free trade zone agreement with this..
Re: GDP Growth Rate Of West Africa, Nigeria Becomes Last On The List by magzey: 6:42pm On Apr 26, 2019
popupation matters if you know GDP.how many among the listed Countries had previous Bad looting presidents than Nigeria ask OBJ and GEJ where they carry our GDP to grin grin

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