Bloomberg Compares Nigeria 2014 And 2018-hard Data - Politics (4) - Nairaland
Nairaland Forum › Nairaland General › Politics › Bloomberg Compares Nigeria 2014 And 2018-hard Data (27537 Views)
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by anonimi: 6:25am On May 16, 2019 |
MrMou:Plunged because they knew an incompetent barawo was taking over. Was it not because your Bubu knew about the plunging oil prices since 2013 that made him promise to fix oil prices ![]() Blames, blames and blames instead of doing what he was employed, by Nigerian voters, to do. Which kain integrity person dey do that? Collynzo9: |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by jimi4us: 6:28am On May 16, 2019 |
MrMou:Sivia pain
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| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by thesolutions(m): 6:31am On May 16, 2019 |
2014 has better economic index indicators yet world bank ease of doing business and economic forum perception index appeared to be better under President Buhari with all his negative economic indexes, evidence that 2014 indexes was rigged against Jonathan, yet, it has become worst under this administration. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by grandstar(m): 6:43am On May 16, 2019 |
alezzy13:Thanks for your reply. I did appreciate some points you made but noticed a fundamental contradiction when you mentioned rice. Nigeria has no comparative advantage in rice production. Only 3 countries have that comparative advantage and they are Thailand, Vietnam and India hss they have large acreages of the best land for rice production. Nigeria should focus resources on goods it has comparative advantage in. Shea butter has the ability of generating up $2bn in export. That alone can cover the amount expended on rice imports if the duty on it was low. Countries do best when they focus resoitces in areas they have comparative advantage. Opening the borders to trade will compel the country to do just that as companies will be run out of business if they did otherwise |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Nobody: 7:03am On May 16, 2019 |
Facts don't write themselves, there's been no increase in non-oil revenue between 2014 and 2018, yet the country has tanked on all positive indices, if you as much as complain their minions will be shouting rice farming, where does it reflect here? |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Sunsets: 7:04am On May 16, 2019 |
History will record this period as Nigeria's Darkest Ages. Viva Buhari spectroscopic: |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Yujin(m): 7:31am On May 16, 2019 |
plaindealer:It's either this guy is overestimating Nigeria's present capabilities or he's just trolling. Nigeria which currently can't build a simple conventional boat is the one to build an aircraft carrier? I can see he's joking. As for this thread, I don't expect Buhari supporters to agree with the fact that Nigeria is worse off at present. Like I've always spoken; it will only get worse. When the foundation is faulty, what can the builder do? Nigeria needs her system to be changed entirely or she's broken down into bits for better management since we can't continue like this. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Frezhkid10(m): 7:31am On May 16, 2019 |
Queen darneayrs over to u...do to Nigeria what u did to kings landing.. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Mustiboy(m): 7:38am On May 16, 2019 |
spectroscopic:your head get oil. e no go dry lai Lai. Amin |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Shikini: 7:43am On May 16, 2019 |
Sad |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by holacorp(m): 8:09am On May 16, 2019 |
spectroscopic:If they don't wanna change, restructure or divide then LET IT BURN!. I personally have accomplished my plan to birth my offspring outa this shitty Nigerian shores. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by gnykelly(m): 8:21am On May 16, 2019 |
spectroscopic:When was unemployment ever at 6%. In this country. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by fx45(m): 8:26am On May 16, 2019 |
Guestlander:You don't want separation? Can't you see the handwriting on the wall? Balkanization of the shithole is the only viable way forward. Thanks for your understanding. I spit on Yoruba Muslims...
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| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Casptainspecial: 8:36am On May 16, 2019 |
spectroscopic:If you hav brain and very conversant with economic report in 2018 and 2019 you will realize that only 2 states in Yoruba land is financing over 22 states in Nigeria that includes some of ur potopoto states despite not even producing oil Let me quickly bust ur bubble, SW is the most rich and self sufficient nation in Nigeria, In term of Agriculture we have vast of arable land etc Oyo, Ekiti and Ondo In term of Natural resources we are massively endowed beyond reasonable doubt e.g Ogun,Lagos nd Oyo nd Ekiti In term of Industry we ar d only region Nigeria depends on so need to even mention anything as yu already know that SW dominate industry power of Nigeria SW is not in all ramifications in same class with any Regions in Nigeria Ur potopoto is b nothing to us thats we dont rush to settle in polluted potopoto region nd ur people rush in masses to settle where they can hav a better life |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Reference(m): 9:02am On May 16, 2019 |
plaindealer:It is clear you are grossly ignorant and have no idea how nations develop. You only needs to sit back, get some history books and read. What the fellow was trying to put across in no uncertain terms is that this country needs a big, themed, national, industrial focus that will kick start the economy just as the second world war coalesced the will of the American people around industrialization and made them a super power just a decade after the 'Great Recession' but like most Nigerians these things are just too compkex for you to understand. You rather live in a world of sentiment. The sentiment that makes this country worse every passing year. The dangerous and costly space race of the 50's, 60's and 70's and the technologies derived from it has ensured that America has been the dominant technological power for 50 years when it was not always so. Silicon valley owes its existence to the battles with the Russians back then. Today America is a magnet for every technological visionaire, a place where their ideas and dreams can come true. Every one with an idea wants to go there to implement them because of the possibilities unlocked since the 40's and 50's. Today a South African, Canadian immigrant called Elon Musk has set his signts to dominate the internet by proposing to launch 4,000 sattelites into low earth orbit over the next few years. When this people speak, just shut it and listen. When the fellow talks about building an aircraft carrier, better sit back and think deeply about all what he says and what it means in the larger context. It may be the only way out for this tragedy called Nigeria. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Reference(m): 9:32am On May 16, 2019 |
Yujin:Well, everyone has a different view when they describe the elephant but the essence of what he is saying is that for a country to develop it must seek to outperform itself by organising society around near impossible taskings as a basis for its survival. That is the way I see it. America did not wake up, strolled to the supermarket to get their first carrier. They were in a recession when the second world war started and needed carriers to survive the Japanese invasion. But through bonds and the sheer will of the people built an awesome industrial capacity which spurred them to economic prosperity and world dominance long after the war ended. What he is saying is that hardship should not be terminal and defeatist but by identifying big prospects, leadership can galvanize and motivate the people into development way beyond their capacity and this can potentially be definitive for generations to come. Ask yourself what great task or demand has your government put on you that would transform your country for good and make it great..... none. They demand nothing because they have nothing to offer. No ideas, no inspiration, no vision. Today, Nigeria is for all intents and purposes in a recession and needs for example, electric power to spur industrialization. What does leadership do (as we have heard)... take a 1 billion dollar loan to finance a dam. Can you say this is visionary leadership. Can you say this is inspirational leadership. Can you say this is leadership that can get things done. What if China becomes an enemy/adversary tomorrow, what happens. But do we have the capacity to provide power on our own, yes we do. Do we have the resources, yes we do. But it is up to leadership to extract these from the country and to do that you have to be visionary, passionate and enlightened. It is not easy, but the process of development was not easy for any nation you dare to envy today. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by PerfectlyPerfect(m): 9:37am On May 16, 2019 |
Casptainspecial:He's clamouring that every region manage their resources. If you're financing the entire country, wouldn't you prefer to use those same resources to manage only your region? Why are you pushing to remain in this unholy union? |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by sly3(m): 9:54am On May 16, 2019 |
Esseite:Perhaps if you keyed into it, non-oil revenue could be 4.0001% New Rice Mills are being set up but fewer people are going into rice farming. The reason for the initial failure of Dangote Tomoto factory was that there wasn't enough locally farmed tomato to feed the 1200 tons per day processing plant. It is PEOPLE that make a country great, not Government. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Olumyco(m): 10:04am On May 16, 2019 |
grandstar:Nigeria does not have comparative advantage to produce rice abi? Yet we are the leading rice producer in Africa now. Sir you are not correct. See your economic theory is different from reality on ground Sir. Nigeria has land, has labour and so on and you are saying we can't. So the whole world should depend on the three countries alone? Even if we can't export our rice and we consume it alone within the country its better than importing. We have the potential and that's why we overtook Egypt in the production of rice. Thank God the administration has again ban textile... sooner we will the outcome. You said Buhari pegged naira against dollar... why are you against him on this? So he shud not and then get into trouble. GEJ left around $27b or so before leaving and now our forex has grown to over $40b... so what are you saying? That statistics up there is not accurate totally. So unemployment rate is 6% in 2014 abi? We know non oil revenue give about 4% to forex but not GDP. That statistics is given a wrong info. They shouldn't put GDP with it. It should be forex. Oil contributes 10%/12% to our GDP and the rest is about 90%/88%. Nigeria is not doing well economically simply because of these three things. 1. Electricity 2. Refinery 3. Insecurity Fix these three and watch the country boom. If we have electricity 247, our business will boom. If we no longer import refined oil again, it will help our economy. And fixing insecurity caps it all. Good and secure environment to do business. Nigeria has every potential to lead Africa and the world if we can change our mindset and install a good leader. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Olumyco(m): 10:09am On May 16, 2019 |
sly3:God bless you for this. Infact what that statistics is saying is misinforming people. They actually meant 4% of Forex and not GDP. There are many things we don't export in the country which we consume locally and there is nothing wrong with that. The only thing is that we just need to increase our production and export more. Non - oil stuff contributes like 88%/90% to our GDP. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by IMMUNO1(m): 11:06am On May 16, 2019 |
My own is that I don't see a Nigeria by next 100 years if things continue this way. The revolution that will come will either divide the country or consume everyone. We are quiet today because many can still afford a meal in a day. When the real hunger and hardship comes, a soldiers gun will be likened to a stick and people will fear nothing again. I pray we don't degenerate to that level. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by ZnO: 11:13am On May 16, 2019 |
tomdon:Not a problem. Igbos own humongous estates in the US too. Civilized people don't seize other people's legally acquired properties in their country when no crime is committed. They let the owners sell at market price or rent out and you give them visa to visit and manage their investments. They pay taxes as you determine for them. We are talking about a mutually agreed upon separation. Not war. Igbos will not separate from Nigeria under conditions that will bring about war and huge losses. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by ZnO: 11:22am On May 16, 2019 |
Casptainspecial:That's precisely the point. Why do you not want to enjoy your wealth alone in your own country? If after separation Igbos try to come to your rich Oduduwa country, you can either deny them visa or charge them high taxes than your citizens. It is foolish to have all these things you claimed and not want to use them to develop Yorubaland excludively but instead share with others. It does not make sense to me. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Yujin(m): 11:31am On May 16, 2019 |
Reference:Well, I don't beat about the bush. The reality facing us today is that the priorities of those running Nigeria does not reflect any seriousness at progressing so why the possibility of harnessing the energy from the present hardship to build is there, the probability of such is close to zero. We live here and have studied the politics of regression at play. Let's see how it pans out in the next few years to come. Meanwhile, your population is increasing at a fast rate and you can't feed them. Think about the consequences of that. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Nobody: 11:49am On May 16, 2019 |
These are objective indices and they show even beyond personal experience/observation that Buhari has ruined Nigeria |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Pavarottii(m): 12:16pm On May 16, 2019 |
plaindealer:Still be fighting with ur conscience... U think GEJ is suffering any of these brunt.. He is just enjoying his life now... If u think life under buhari is bbetter than life under good luck... Keep on praising buhari... We are all in it together.., at least wen they eventually make fuel 200 Maura per litre... That's s price u and ur family members will buy... Or ur family that has lost his job ... So keep praising buhari and be dymystyfying GEJ that have u guys o Power on a platter of Gold. Next levels...v |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by Guestlander: 12:32pm On May 16, 2019 |
fx45:Your forefathers created this Nigeria after tearing up the independence constitution. A constitution fashioned after the Canadian and the Australian constitution. If you want to spit on anyone, go back in time and spit on the people who tore our constitution up. |
| Re: Bloomberg Compares Nigeria 2014 And 2018-hard Data by plaindealer: 1:33pm On May 16, 2019 |
[s] Pavarottii:[/s] I debate facts, not emotions, sentiments and tantrums. |
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