₦airaland Forum

It's not enough to put copied, post the link too: https://businessday.ng/columnist/article/time-to-end-the-nigeria-is-rich-myth

This was almost exactly what I was discussing in a Whatsapp group chat with some friends recently. Nigeria is no giant of Africa. It's not population size that confers power on a country. QED.

lastempero:
Nigeria is not poor!!!!!
Among the rich countries how many of them have the resources that we have from crude,gas,gold,zinc,iron, arable land for agriculture and so much more. You can only say that we are poor in management and harnessing our potentials. We have all it takes to be developed.

But our current status is that we're poor. Understand English pls.

NotGej:
True PICTURE!!!! and you Dey write epistle?! Are you normal

he is not normal. he is a genius. You on the other hand is normal and average waiting for pictures of eko or 'ass'o rock

But we are the best economy in Africa in terms of GDP. OP I know what you are saying but then, Budget is not equivalent to resources both tapped and untapped. You can make a budget of $100billion but you don't have the cash to fund it, does that mean you are wealthy?. Most of those countries you mentioned borrow to fund their budget. Forget it if not for the money our leaders have looted, Nigeria get money abeg. The money looted from Nigeria can be used to fund a budget of $50billion for ten years. Ask again if we are rich?

So where's the picture?

RenaissanceGuy:
It's not enough to put copied, post the link too: https://businessday.ng/columnist/article/time-to-end-the-nigeria-is-rich-myth

This was almost exactly what I was discussing in a Whatsapp group chat with some friends recently. Nigeria is no giant of Africa. It's not population size that confers power on a country. QED.
But our current status is that we're poor. Understand English pls.

Use your brain and open your eyes too, probably you are still in the class room, when you link up with deal breakers u will understand my english better.

derealj:
But we are the best economy in Africa in terms of GDP. OP I know what you are saying but then, Budget is not equivalent to resources both tapped and untapped. You can make a budget of $100billion but you don't have the cash to fund it, does that mean you are wealthy?. Most of those countries you mentioned borrow to fund their budget. Forget it if not for the money our leaders have looted, Nigeria get money abeg. The money looted from Nigeria can be used to fund a budget of $50billion for ten years. Ask again if we are rich?

Op is still been thought in the class room.

Maxymilliano:
The country is in serious shit, and the inequality between the haves and have-nots is significantly worsened by the day.

Very soon, the hungry poor will soon have nothing to eat and will begin to devour the rich.

It's a matter of time.

Do you think this comment very appropriate ?
In as much as we know that some persons are looting the scarce resources of the nation comments like this enbolden criminals and misfits.
Most of us are from humble back grounds but understood very early in life that one have to struggle to change his fortunate and help to uplift our extended families but the bitter experience in Nigeria is that people look up to their better to do relatives as the one to carry their crosses.
Lifting Nigeria's wealth base must be a wholistic and collective effort of everyone.
The so called poor masses are the ones aiding the looting in the country when they elect to be thugs to the looting political class.

PERVENCHE:
he is not normal. he is a genius. You on the other hand is normal and average waiting for pictures of eko or 'ass'o rock

Zuzuout!!! Werey

Although I have always known that Nigeria is actually a poor country considering our output and budget relative to population, but I never knew it was this bad.

Good job by you op, quite a thought provoking article!!

Anybody that tells you Nigeria is poor lacks vision.