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Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by poseidon12: 11:43pm On Jan 05, 2020 |
Interesting and enlightening article. Thanks. I have always known that Nigeria is very poor. But most Nigerians still have the illusion that Nigeria is rich. The annual budget of the average State university in the US is much bigger than the annual budget of the average State in Nigeria. Nigeria cannot overcome its poverty until it restructures. No economic progress can take place under the centralized unitary system we are operating. 4 Likes |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Gerrard59(m): 11:47pm On Jan 05, 2020 |
Abagworo: "In God we trust, the rest should bring data" - W. Edwards Deming. 1 Like 1 Share |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Starboytwo(m): 11:51pm On Jan 05, 2020 |
Speak2klein:what are the steps needed to embark on this mission.. and I will dedicate tonight into researh on electricity in Nigeria... If we had constant light, then I will have more money and probably delegate some duties to some younger ones, can't do that, I'm barely surviving, so are millions of Nigerians. .. I have also worked in an hotel once, and I know we buy diesel over 10 naira on a daily basis, |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Gerrard59(m): 11:55pm On Jan 05, 2020 |
Damsonkc: I did as you suggested. https://tradingeconomics.com/nigeria/gdp?poll=2019-12-31 https://www.google.com/search?rlz=1C1EJFA_enNG757NG757&sxsrf=ACYBGNQUorx9Gbv4Lp8Mo40I4VB8w4Pktg:1578264539414&q=what+is+the+current+gdp+in+nigeria&sa=X&ved=2ahUKEwjg0-7Jxe3mAhWioVwKHXIaAfIQ1QIoAHoECBAQAQ&biw=1366&bih=635 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Rosskii: 12:08am On Jan 06, 2020 |
Gerrard59: He asked about UK, France and Germany and I told him how they got rich. Do you disagree they got rich by robbing the rest of the world? If you do, you need history lessons. China got developed through a 40 year programme of heavy suppression of civil rights, import bans, and dictatorship. Singapore and Malaysia are among the 4 or 5 Asian 'tigers' that were chosen by the victorious allies after WW2 to develop as capitalist bulwarks against Soviet-style communism in the Pacific, and so were flooded with capital, technology transfer, and offered open western markets to sell manufactured goods. That's how they became 'tiger economies'. So, those are artificial western capitalist outposts created by the west. Their neighbours, of the same racial/cultural stock but apparently in a totally different universe in terms of living standards, are the ''unchosen'' ones - Cambodia, Burma, Nepal, North Korea, Bangladesh, Sri Lanka etc etc etc etc. 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by PHijo(m): 12:27am On Jan 06, 2020 |
Rosskii: So what if I counter that Nigeria remains poor despite despite stealing from the Niger Delta? If you accuse France and Britain of theft what about Germany and Italy? Who did they steal from? Why did Portugal fail to be rich despite her colonial past? Which countries did the Scandinavian countries steal from? You guys will always have excuse for your self inflicted misfortunes. 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Nobody: 12:39am On Jan 06, 2020 |
veeshock: Flat head .in one of the state in South were no any achievement by the governor except sharing kerosene and stealing public fund, the worst part is tha CAN will continue to support him |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by chukzyfcbb: 12:51am On Jan 06, 2020 |
AgamaProf:You can't throw away the baby and the bath water, Yes GDP may not have done so well, don't forget we have passed through several turbulent times in he past. The well know stock crash market at about '06 or so and the recently full year recession under buhari. All of which has negatively impacted the economy GDP Population is one area nobody talks about, we all shy away from it because it can make one seem not to like kids. However, the truth remains that if we as a nation continue to churn out kids in the way we do, we will only get poorer. We all know so well leaders will not join hands to create enabling environment or build infrastructure to see a massive GDP spike as all man wants a share from the national cake, until then we have to manage the lesser evil, which is population |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by rusher14: 1:45am On Jan 06, 2020 |
bs81: Likely in dollar terms. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by rusher14: 1:49am On Jan 06, 2020 |
DRSEGUNBABA: Have you been to south Africa ? |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by rusher14: 1:50am On Jan 06, 2020 |
donprinyo: Your own GDP Per Capita must be 99 dollars. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Reference(m): 3:32am On Jan 06, 2020 |
Old news. But just came to read the responses and of course was not disappointed for therein lies the problem. The quality of a people. For as a man thinketh in his heart.... so his nation's statistics will be. No baker can make dough out of us. That is the simple truth. 3 Likes |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by voltron14: 3:50am On Jan 06, 2020 |
Speak2klein: This is the part the average Nigerian detests. 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Gerrard59(m): 5:03am On Jan 06, 2020 |
Rosskii: For the first time I joined NL, I agree with you partly. However, it goes beyond same racial (of which someone from North Korea - communist playground - is different from his Cambodian counterpart) stock nor cultural affinity (what binds Bangladeshis and Nepalese culturally together?) but has to do with the entrepreneurial abilities of ethnic Chinese throughout the region and good governance. There was no Lee Kuan Yew or Park Chung-hee in any of those countries you listed. 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by itsme01: 5:52am On Jan 06, 2020 |
PrecisionFx: na the problem wey una get be that... Osun doesnt even owe one month not to talk of 36 months, Aregbeshola unlike KeroIkpeazulezu and Yeye Bello paid every workers monthly atleast 50% to 70% of their Salary and Pension during Nigerian Oil crisis unlinke Your own state Governor that simply owes everyone for upto a year, osun workers got something, and after the payment of Paris refund the 30% owed where paid instantly This method of augumented salary was the reason why Osun had a healthy economy through out the Oil crisis... again less than 5% of Osun indegene are civil servants.. most of Osun people are silent industrilist like (the Adelekes) Mega farmers, and Tourism experts (Osun oshogbo festival) and lastly (although this is really bad) if you google the city with the highest cyber crime in Nigeria you would find oshogbo toping all charts, their youths are crazily and stupidly rich, if you visist any bank in Osun the cashier/teller staff handling withdrawal and deposit hardly gets much cue unlike that of the agent handling foreign transfer . 1 Like 1 Share |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Pkaty62(m): 7:01am On Jan 06, 2020 |
Indeed Nigeria is not a rich country. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by adidison(m): 7:01am On Jan 06, 2020 |
Starboytwo: Corruption and discipline bruh. Need to work on that one 1st. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by JoffreyBeroth(m): 7:27am On Jan 06, 2020 |
Damsonkc: China is a more populated country than Nigeria, but they’re far ahead. Why? 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by tstx(m): 7:51am On Jan 06, 2020 |
Speak2klein: Of course |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Jaysnowkid: 8:01am On Jan 06, 2020 |
Nice one. you get sense pass all our dumb politicians head by their dumb president. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by tstx(m): 8:04am On Jan 06, 2020 |
Speak2klein: Here's the link :- https://listwand.com/is-nigeria-a-truly-wealthy-nation-see-what-economic-facts-say/ 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Speak2klein: 8:20am On Jan 06, 2020 |
Awesome work! Your site is resourceful. tstx: |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by tstx(m): 8:35am On Jan 06, 2020 |
Speak2klein:Thanks.. you can always submit articles in the future |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by ebennich(m): 8:39am On Jan 06, 2020 |
AgamaProf: So what should we do? Should we kill all those leaders because obviously they can't change? We talk but never act, we need to take actions. Let's all stand up for our nation, we can't accomplish anything by complaining. We must force them to resign or fix our nation, we must start now. What is the use of a fighting spirit if all you do is fight for just yourself? Nigeria is still a slave nation, we are yet to fight for our freedom, green white green was a fraud. Those white monsters still rule from underneath. Fucking wake up!!! 1 Like |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by bs81(m): 8:42am On Jan 06, 2020 |
[quote author=Freehuman post=85533723] He's talking about USD millionaires. That means people who have more than 360 million naira in their account.[/quote I agree if that's the case. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by ebennich(m): 8:43am On Jan 06, 2020 |
AgamaProf: So what should we do? Should we kill all those leaders because obviously they can't change? We talk but never act, we need to take actions. Let's all stand up for our nation, we can't accomplish anything by complaining. We must force them to resign or fix our nation, we must start now. What is the use of a fighting spirit if all you do is fight for just yourself? Nigeria is still a slave nation, we are yet to fight for our freedom, green white green was a fraud. Those white monsters still rule from underneath. Let's wake up!!! |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by ebennich(m): 8:46am On Jan 06, 2020 |
AgamaProf:So what should we do? Should we kill all those leaders because obviously they can't change? We talk but never act, we need to take actions. Let's all stand up for our nation, we can't accomplish anything by complaining. We must force them to resign or fix our nation, we must start now. What is the use of a fighting spirit if all you do is fight for just yourself? Nigeria is still a slave nation, we are yet to fight for our freedom, green white green was a fraud. Those white monsters still rule from underneath. Fucking wake up!!! |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Sonoyom(m): 8:48am On Jan 06, 2020 |
Junior66:Let me put it in plain sight, which Agricultural revolution my aged grandma in the village can have something to export and earn foreign exchange. ICT development involves a lot of training and certification which entails that not everyone can be involved in it and do we even have the funds to invest in technological research? Thailand is making a fortune from rice, Isreal is also benefiting a lot from Agriculture. We squander our foreign exchange on FOOD and petrol importation. In the long run ICT will thrive in the country but if we need to get the poor people out of poverty right now then agriculture is our best bet. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by yahmohy27: 8:50am On Jan 06, 2020 |
Starboytwo:Agreed .Once power is fixed all other things will follow automatically |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by Frenchkiss564: 9:45am On Jan 06, 2020 |
dharrey2012: Wrong!!! There is ife iron and steel industry, ikirun steel rolling mill, ilesha brewery among others. Just setting the records straight. |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by judondasylva(m): 10:26am On Jan 06, 2020 |
Stable 24/7 hours power supply is the solution to productivity. That will double our GDP and will bring investors |
Re: Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say by PHijo(m): 11:11am On Jan 06, 2020 |
Rosskii: You haven't still said who Germany robbed to get rich! You guys are filled with unnecessary excuses. Germany is what it is today because their political and business leaders developed a strategy for sustainable growth. Nigeria is poor today because of her peoples. Nigeria must come up with a plan that benefits all her nations or remain irrelevant. |
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