₦airaland Forum

Theenchanter2:
so why did Nigeria grew at 2.3% last year?

rvp20182:
I doubt the final figures for 2019 are already out. Maybe Q1, Q2 and Q3 data are out. Nigeria growing at 2.3% is nothing to celebrate when pop growth rate is 2.6% annually. You're becoming poorer. Not growing at all.

Just30:
exactly why im not trying to teach this goat how to play the guitar



after this goat has 1% of the brain of a human

Just30:
liar

kenya import 750,000 metric tonnes of rice
produce 33,000 metric tonnes and
consumes 540,000 metric tonnes of rice

Theenchanter2:
calm down and read ur previous post again, no time for shenanigans.

I presume ur article was posted prior to 2019 cos it said Nigeria's gdp is forecasted to grow at 1.7% in 2019 and 2.0% in 2020-21, but our gdp grew at 2.3% in Q4 2019 YoY.

U can fck off with ur remaining ramblings.

rvp20182:
It actually copy-paste from World Bank. You might want to take your bile to them. I doubt anybody has released Q4 data anywhere in the world - in the first week of January. Let us just say this is BEYOND YOUR PAYGRADE.

Theenchanter2:
haha, u're asking me to take my bile to d WB, lol where's d bile?

Did u see me add YoY or not? U're crazy.

Theenchanter2:
Nigeria didn't surpass kenya in 2017, Nigeria's budget has always been bigger than Kenya's since inception.

Austine1213:
So your government is lying?

rvp20182:
Let me help you with Basic English comprehension. That WB paragraph says Nigeria in 2019 year would have grown by 2.0% ( so far you're doing 2.1% - awaiting the Q4 data for final figure). Unless you perform miracles in last Q - World Bank look to be very close.

They expect you'll grow at 2.1% for 2020 and 2021.

Austine1213:
So your government is lying?

Theenchanter2:
u're not getting my point either.... i know its a prediction by WB, all i'm saying is we've exceeded their prediction.

Simple.

rvp20182:
Nigeria federal budget is stuck at 24-29B dollars the last few years while Kenya has inched to 30-31B dollars.

For 2020 - Buhari is thinking of jumping to 34B dollars.

rvp20182:
How have your exceeded their projection when WB is predicting 2.0 and you're at 2.1% before the last Q data is out.

Theenchanter2:
WB predicted 1.7% for 2019 and 2.0% for 2020-21, its in ur post, dammit!

rvp20182:
We know you went through the infamous Nigeria dysfunctional education system but surely you can do better than this.

Grade 4 English Comprehension Test.

Read the paragraph here and answer the questions below

For resource-intensive countries, growth is projected at 1.7 percent in 2019 and 2.0 percent in
2020–21, well below population growth, largely reflecting the continued slow recovery in the
large economies. In Nigeria, growth is projected at 2.0 percent in 2019 (0.1 percentage point
lower than the April forecast) and 2.1 percent in 2020 and 2021 (0.1 and 0.3 percentage point
lower than the April forecasts, respectively).

1) Name two examples of resource -intensive countries in Africa

Answer: Nigeria, Angola,

2)What is the projected gdp growth rate for resource -intensive countries in 2019?

Answer : 1.7%

3) What is the projected gdp growth rate for Nigeria in 2019?

Answer : 2.0 %

4) What is the projected gdp growth rate for Nigeria for 2020 and 2021.

Answer : 2.1%

Theenchanter2:
ok, didn't see that before.... i had to go recheck.

But then, we've still exceeded it, innit?

rvp20182:
Who knows - the average before 3rd Q was 2.0% - so unless you pull a big surprise in last Q - WB will be right or very close.

samorobo:
What Nigeria budget is doing for her not the inflated magical budget with nothing on ground to show for it..


FG To Spend N67bn On Rail Project To Niger Republic, O


The Federal Government is to spend N67.165 billion on seven railway projects across the country, including the rail line from Kano to Maradi in the Niger Republic, according to estimates in the 2020 budget recently signed by President Muhammadu Buhari.


In the 2020 budget estimates of the Ministry of Transport, the federal government said the funds are mainly its share of counterpart funding for the railway projects, which would also include the construction of a deep seaport, industrial park, and port harbour.

Particularly, the Ministry of Transport listed the projects as Lagos – Kano railway project; Calabar – Lagos rail project, Ajaokuta-Itakpe-Aladja (Warri) and Port Harcourt – Maiduguri


In addition, other rail projects captured in the ministry’s 2020 budget are that of Kano-Katsina-Jibiya -Maradi in the Niger Republic and Abuja-Itakpe and Aladja (Warri) project.

The Warri port and refinery, including Warri new harbor; Bonny deep seaport; Port Harcourt industrial park and other rail projects are also captured in the estimates.

Furthermore, the ministry also planned to spend N500 million on clearing of water hyacinths, floating debris and wastes among others, along the Lagos waterways from Agbara to Epe in 2020.

samorobo:
Nah..stop it.. sufferNmiling is one guy and just30 is a different guy..you wouldn't know cos you just joined recently...

TayserMahri:
Its the norm. The vast majority of Nigerians fleeing Nigeria sell all their assets (and some their kidneys and souls), to fund the journey.

samorobo:
This is a joke...were you dreaming when you wrote this....Kenya is no where to be found on the African ranking talkless of global ranking ....

Our police force will invade your zoo and burn it to the ground like Troy within 30 minutes..

Kazikazi:
Tanzania
Beaches and islands

gallivant:
How was Namibia?

SUFFERInSMILIIN:
So this is what Nigerian government wants to use 30 billion US dollar loan for including paying salaries. Niger Republic has already signed a 3 billion US dollar agreements with Benin Republic to use their seaport so even if you put a real way to Niger Republic it will be no use.

gallivant:
You refused to prove you are South African so this nationality thing is just a witch hunt.

SUFFERInSMILIIN:
It's very easy go with your camera and start taking pictures of South Africa. Then you take a picture of the camera and pasting. It's that time of the day when the suffering and smiling Show season 2 episode 23 and 24 have to come to an end

rvp20182:
It actually copy-paste from World Bank. You might want to take your bile to them. I doubt anybody has released Q4 data anywhere in the world - in the first week of January. Let us just say this is BEYOND YOUR PAYGRADE.

Nigeria 2019 Q4 - Unknown - earliest this can be released will be Feb 2020.
Nigeria 2019 Q3 - 2.28%
Nigeria 2019 Q2 -1.94%
Nigeria 2019 Q1 - 2.10%

Average so far for 2019 = 2.1%

SUFFERInSMILIIN:
All their so-called white elephant projects 2.1% growth. What happened to all the projects my people are doing eko Atlantic dangote refinery

mtisTheQubit:
i wouldn't call the guys tourists...