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Nigeria Now Tops South Africa As The Continent's Biggest Economy - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria Now Tops South Africa As The Continent's Biggest Economy (48014 Views)

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Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Area4Area: 12:35am On Mar 04, 2020
MansoryMX:
South Africa as an economy in recession is far far better than Nigeria. You people should have some shame in this dead country. Our zero % in terms of security and 1000% in corruption is more than enough to put us at last position when comparing countries with standards in Africa.
SA is in recession now, you can open another thread for any other topic of how SA is better than Nigeria.
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Rossinnki: 12:36am On Mar 04, 2020
MansoryMX:
South Africa as an economy in recession is far far better than Nigeria. You people should have some shame in this dead country. Our zero % in terms of security and 1000% in corruption is more than enough to put us at last position when comparing countries with standards in Africa.
Go back to your village if you have no food to eat, oga.

Farming is very lucrative these days.

Abi which kind sufferhead post be this?
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Commentor(op): 12:37am On Mar 04, 2020
nameo:
Whats your point?

Stop quoting things you are unwilling or unable to explain
There is nothing to explain.

You threw out numbers without a source.

In my case, I've provided the same source over a time lapse of 6 years.

I'll stick with it rather than yours.
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by MansoryMX(m): 12:41am On Mar 04, 2020
Rossinnki:
Go back to your village if you have no food to eat, oga.

Farming is very lucrative these days.

Which kind sufferhead post be this?
You call stone rice giving people kidney stone lucrative? How is this an achievement. Nigeria is still in recession and govt dey brainwash as usual. Floating the economy to make it look good in the eyes of the media. Guy! Nor make me talk this nite. Quietly go to bed abeg.
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by MansoryMX(m): 12:43am On Mar 04, 2020
Area4Area:
SA is in recession now, you can open another thread for any other topic of how SA is better than Nigeria.
Nigeria na im nor dey recession abi? When last did you go to the market to buy soup ingredients cheesy
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Commentor(op): 12:45am On Mar 04, 2020
MansoryMX:
You call stone rice giving people kidney stone lucrative? How is this an achievement. Nigeria is still in recession and govt dey brainwash as usual. Floating the economy to make it look good in the eyes of the media. Guy! Nor make me talk this nite. Quietly go to bed abeg.
You know better than Bloomberg.
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Rossinnki: 12:46am On Mar 04, 2020
MansoryMX:
You call stone rice giving people kidney stone lucrative? How is this an achievement. Nigeria is still in recession and govt dey brainwash as usual. Floating the economy to make it look good in the eyes of the media. Guy! Nor make me talk this nite. Quietly go to bed abeg.
As in any situation of competition, the standards are improving and will continue to improve. Some local rice brands now have a good reputation for quality.

YOU can start a small rice processing factory to help improve quality. Why moan and point fingers instead?

After all, INNOSON started by selling spare parts, to become the world's 1st and biggest black-owned vehicle manufacturer.
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 12:50am On Mar 04, 2020
generational fools will jump in here to betray their own ancestors and choke on fulani balls, as usual

they need to pretend they're working hard for their n30k salary
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Commentor(op): 12:54am On Mar 04, 2020
GidiWoodsMan:
generational fools will jump in here to betray their own ancestors and choke on fulani balls, as usual

they need to pretend they're working hard for their n30k salary
You appear hungry.
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Area4Area: 1:03am On Mar 04, 2020
MansoryMX:
Nigeria na im nor dey recession abi? When last did you go to the market to buy soup ingredients cheesy
Open another thread for that, bad belle people who only love bad news about Nigeria
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 1:18am On Mar 04, 2020
Commentor:
You appear hungry.
not at all

i can see though that the laziness of your ancestors has cursed you to ignorantly worshilp your own oppressors for all eternity. what a terrible destiny!
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Commentor(op): 1:26am On Mar 04, 2020
GidiWoodsMan:
[s]not at all

i can see though that the laziness of your ancestors has cursed you to ignorantly worshilp your own oppressors for all eternity. what a terrible destiny![/s]
One of the signs of hunger in a human being is being incoherent apart from always being angry.

My friend, you are incoherent.

Starting sentences with lower cased letters. Babbling in general.

Make sure you get ewa agoyin in the morning otherwise....
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by chukel(m): 4:03am On Mar 04, 2020
Nigerians are totally horrible. How people will stay and be so unpatriotic baffles me. You wish the country in which you live bad. Is that not a psychiatric disorder. I was travelling by road yesterday and I was all smiles as I drove on the enugu/PH road being worked on by this government. God will continue to bless buhari.
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by chukel(m): 4:06am On Mar 04, 2020
MansoryMX:
You call stone rice giving people kidney stone lucrative? How is this an achievement. Nigeria is still in recession and govt dey brainwash as usual. Floating the economy to make it look good in the eyes of the media. Guy! Nor make me talk this nite. Quietly go to bed abeg.
you are the biggest fool I ever encountered on NL. So stone in rice gives people kidney stone? Clown. See how you are basking in ignorance. Go and read about the aetiopathogenesis of nephrolithiasis
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by seunmsg(m): 4:27am On Mar 04, 2020
Buchyke8:
Still unconfirmed
It is confirmed. Stop hating good news about your country.
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by backnbeta(f): 5:23am On Mar 04, 2020
An economy in recession is what we're 'topping'? It is well undecided
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Cchuks27(m):
This does not even make any sense. Considering the resources, Nigeria shouldn't even be dragging with south Africa. While the report might be true, however, does it really capture the reality in the country? Currently, Nigeria is saddled with terrorism, banditry, unemployment, etc.
In essence, Nigeria is facing way too many challenges which has negatively affected the development of the country. We should normally be miles ahead of South Africa.
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by headstart: 5:27am On Mar 04, 2020
Some will still doubt it.SA is in recession now!
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 5:30am On Mar 04, 2020
Big for nothing
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by anonimi: 5:31am On Mar 04, 2020
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by anonimi: 5:33am On Mar 04, 2020
backnbeta:
An economy in recession is what we're 'topping'? It is well undecided
To the sai babarians, like the one below, you are hating.
We deserve our leaders looters and the resultant shithole we dwell in.

seunmsg:
It is confirmed. Stop hating good news about your country.
www.nairaland.com/attachments/3084794_DumbPeople_jpg287f2b4d3ead2f536f99f92cbca9c590
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Odinaka00(m): 5:34am On Mar 04, 2020
A country that has over 200mill is dragging with a Country that has only 50million? Shame.

A country that gained her indepence in 1960 vs a Country that gained her indepence in 1994? Big shame
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Odinaka00(m): 5:36am On Mar 04, 2020
Cchuks27:
Considering the resources, Nigeria shouldn't even be dragging with south Africa. While the report might be true, however, does it really capture the reality in the country? Nigeria is 200 million, while South Africa is about 80 million. This does not even make any sense.
50 million bro and you 're wise, it doesn't make sense
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by MrSensor(m): 5:36am On Mar 04, 2020
nameo:
Whats your point?

Stop quoting things you are unwilling or unable to explain

Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by MondayOsunbor(m): 5:41am On Mar 04, 2020
Officialgarri:
I thought they said Buhari is a disaster, so where's all these good news coming from. ?


We wailers can't stop crying after hearing good news.

Another will still join you with "audio economy" even if the source is Bloomberg.
if what we are going through in this country is what we need to be the biggest economy in africa

AFRICA IS CURSED
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by johnmartus(m): 5:45am On Mar 04, 2020
I like your write up. And if a sane person read it he/she won't argue with your write. But stop taking biafra project too serious, Because those involve in it are crooked people and hungry people. Nigerians will get sense the day we start see this politicians as our common enemy.

South Africa is a great country and no matter the economy of the country still the best in Africa.
saaron:
If Biafra were independent nation from 1966 to date, the country will be dragging economic might with Asian tigers like China, South Korea, Singapore, Malaysia etc, not South Africa. Biafra would have launch Africa positively on the world map as a black economy powerhouse. A people that could organized themselves to manufacture Amoured tanks and spectacular weapons from scratch to hold Nigeria for 3 good years to the amazement of America and Europe shows the ability and ingenuity of Biafrans. Biafra would have join the like of America and Russia as major arms suppliers in the world!
Now imagine them channeling that same energy and spirit to develop their country economically? The black race would have gain more respect today. But because of the virus of One Nigeria, that reality was dashed - (but not forever, Biafra will raise again).
Nigeria is nothing but a glorified village. A country cursed with mediocrity, terrorism, quota system, and the ''Put them down Syndrome.''
Nigeria can't even boast of a world class city. Countries like Ivory Coast have better and well developed cities than Nigeria.
The fact that the God forsaken country is even struggling economically with South Africa is a big shame because Nigeria's economy was on the same level with South Korea in 1960. Today South Korea is not only competing with China, the country has world class companies competing with the likes of Apple and General Mottors of America! And we here celebrating mediocrity. What's the benefit of being Africa's largest economy when we can't even manufacture pencils? Does Nigeria have a functional steel company? How can Nigeria become an industrial manufacturing hub when common Abeokuta steel complex is in shambles? Nigeria is nothing but a failed state!
South Africa's economy, as it is even in recession is still by far more robust and developed in manufacturing, service industry, commerce, power, infrastructure than Nigeria. Remove crude oil from the country's economy and Nigeria will disappear from the world map!
Total division of Nigeria is the only way out of this perennial economic calamity that is Nigeria.
ONE NIGERIA IS DEAD!
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by MondayOsunbor(m): 5:46am On Mar 04, 2020
chukel:
Nigerians are totally horrible. How people will stay and be so unpatriotic baffles me. You wish the country in which you live bad. Is that not a psychiatric disorder. I was travelling by road yesterday and I was all smiles as I drove on the enugu/PH road being worked on by this government. God will continue to bless buhari.
OGA NIGERIA IS NOT A COUNTRY BUT AN ENTERPRISE AND STRUCTURED IN A WAY THAT IT WILL NOT MAKE AN MEANINGFUL PROGRESS


AS SOON AS YOU UNDERSTAND THIS THE BETTER FOR YOUR LIFE AND YOUR CHILDREN
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by anonimi: 5:47am On Mar 04, 2020
Officialgarri:
I thought they said Buhari is a disaster, so where's all these good news coming from. ?
We wailers can't stop crying after hearing good news.
Another will still join you with "audio economy" even if the source is Bloomberg.
You overtake someone because he stumbles and falls not because you improved. Is that a cause for celebration?
Think am well o.


https://pbs.twimg.com/media/CBDwbaoWEAAgRZm.jpg
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by anonimi: 5:49am On Mar 04, 2020
MondayOsunbor:
OGA NIGERIA IS NOT A COUNTRY BUT AN ENTERPRISE AND STRUCTURED IN A WAY THAT IT WILL NOT MAKE AN MEANINGFUL PROGRESS
AS SOON AS YOU UNDERSTAND THIS THE BETTER FOR YOUR LIFE AND YOUR CHILDREN
Is that why breaking up the conundrum, created by the British in 1914, is so difficulthuh


www.nairaland.com/attachments/10929745_fbimg1579455637436_jpeg941d304a647af28279b50f7769b411f4


Collapse of Soviet Union

1. Collapse of Communism in the Soviet Union and Eastern Europe (1989)
2. Détente: Cooperation between Superpowers - During the Cold War President Nixon and Brezhnez conducted SALT (Strategic Arms Limitation Talks) conferences and signed a treaty limiting the number of missiles each country can have.

3. USSR and Afghanistan Cooperation/Détente Ends • 1979-1988 • USSR backed the Afghan government; the US backed the Mujahedeen rebels • US boycotted the 1980 Olympics in Moscow • 14,000 Soviet dead; 1+million Afghans –Over 5 million Afghans fled (more than 1/3 of the population) –10-15 million land mines still in Afghanistan –Soviets withdrawal defeated
4. - Soviet economic collapse - Nationalism in Warsaw Pact countries - Tearing down of Berlin Wall - Breakup of the Soviet Union Collapse of Communism in the Soviet Union and Eastern Europe

5. Nationalism in Warsaw Pact Countries 1. Gorbachev’s pullout from Afghanistan and his policy of Non-Intervention gave rise and momentum to Warsaw Pact nationalism movements. 2. Soviet/Warsaw Pact countries resented Soviet control and wanted to direct their own governments.
6. Tearing Down the Berlin Wall 1. East Germany elected a more moderate Communist government, but many not satisfied; allowed people to leave East Germany 2. November 9, 1989 – the Brandenburg Gate opened and people began tearing down the wall 3. Tearing down Berlin Wall symbolized and helped lead to fall of Communism in Eastern Europe; East Germany & Czechoslovakia 4. Gorbachev and President Reagan given credit for being most responsible for the end of the Cold War

7. Ronald Reagan: U.S. President 1980-88 “Tear down this wall”
8. Brandenburg Gate Fall of the wall news broadcast
9. Soviet Economic Collapse 1. Over-spending on arms race weakened government & economy 2.Soviet leader, Mikhail Gorbachev tried to reform the USSR economy in two plans a. perestroika – restructuring of the Soviet political and economic system - Weakened Russian economy in short-term b.glasnost – “Openness” freed public access to information after decades of heavy government censorship 3. Gorbachev encouraged reform in other 15 Soviet Socialist Republics: new countries 4. Hard-line communists attempted a coup against Gorbachev – failed 5. U.S.S.R. crumbles; Gorbachev = the last leader of the USSR 6.Boris Yeltsin, with support of many who wanted continued reforms, becomes President of Russia Mikhail Gorbachev U.S.S.R. Boris Yeltsin Russia

10. Break Up of Soviet Union 1. Soviet Republics, one-by-one, broke away from Moscow and declared independence. 2. 1989-90: The Union of Soviet Socialist Republics (U.S.S.R) was dead.

https://www.slideshare.net/bbednars/collapse-of-soviet-union-61548605
https://sites.google.com/site/communistviews/_/rsrc/1454420902757/countries-under-the-ussr/soviet-union.jpg
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by lloyds(m): 5:51am On Mar 04, 2020
Despite border shutdown. . Nigeria still flying. Welldone Nigeria.

South Africa is gradually experiencing what Zimbabwe experienced. When economic leadership is returned back to the blacks, corruption takes over.

An average black man is greedy and evil by default. Don't be surprise where they will be in 10 Years. .
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 5:52am On Mar 04, 2020
nameo:
Do you know that this is nothing to celebrate here, and infact that this indicts this Govt??

Clue: In 2014, Nigeria became the largest economy in Africa and valued at $509.9bn whilst South Africa was $370.3bn.

Today, Nigerian economy has according to your report in the OP declined to $472/402bn i.e a decline of about $38bn( it would even be more if you take into account inflation rate between then and now).

The only reason SA overtook us was that our growth since then has been very sluggish with us entering into a recession(successive "negative" growth). The reason why you just overtook SA again is that they just entered their 2nd recession within the period.

In real terms, none of the countries grew.

So quit that Buhari worship. On the economy, as with almost everything else, he has failed.
We are far, far behind the Republic of South Africa. Please Google GDP per capita figures. The size of our economy is behind that of RSA, Egypt, Uganda. The myth of giant of Africa doesn't take our huge population into account. We have over 200 million people in Nigeria. RSA has 60 million. Per capita (per head), we are way, way behind. Wake up.
Shege poverty capital.
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by Nobody: 5:53am On Mar 04, 2020
lloyds:
Despite border shutdown. . Nigeria still flying. Welldone Nigeria.

South Africa is gradually experiencing what Zimbabwe experienced. When economic leadership is returned back to the blacks, corruption takes over.

An average black man is greedy and evil by default. Don't be surprise where they will be in 10 Years. .
Rubbish.
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