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.

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.

nameo:


Whats your point?

Stop quoting things you are unwilling or unable to explain

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?

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

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.

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.

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

MansoryMX:


Nigeria na im nor dey recession abi? When last did you go to the market to buy soup ingredients

Commentor:


You appear hungry.

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]

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.

Buchyke8:
Still unconfirmed

Commentor:
Mynd44, OAM4J. Rossikki, NGpatriot.
All Nigerian Patriots.

backnbeta:
An economy in recession is what we're 'topping'? It is well

seunmsg:
It is confirmed. Stop hating good news about your country.

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.

nameo:


Whats your point?

Stop quoting things you are unwilling or unable to explain

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.

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!

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.

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.

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

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

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.

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. .