Wahala good news for paper when we feel it ,we will testify for now IMF don't come and ask to increase the TAX .

aramideji:
Well President Buhari actually reduced our domestic product capacity from $530 billion President Jonathan left it, when Una no go follow news. I doubt if you know what GDP means.

thats your problem

PHIPEX:
I remember how Lai Mohammed ridiculed the rebasement of the economy around 2010 that made Nigeria number one in Africa.

I wait to see how he will celebrate this same position now.

As good as it sounds, we should be worried the value of the GDP has not grown since we emerged number one in Africa.

Infact it dropped even

uptimumOne23:


@bolded ..it's either your a joker or your simply oblivious of happenings in this country. And you said your into exporting of cassava?

I give up on your gullibility

Don't give up abeg. Let's continue, you sycophant. We've got a yeye government, you can embolden my comment for all I care. I wish you had the opportunity to leave the shores of Nigeria maybe you'd think straight...you'd know your government is making lots of upcoming Nigerian SMEs sleep rather than work.

I was expecting you to mention 10k trader moni or 30k N-power as SMEs empowerment programme of this useless govt and you'd have had the most blasting embarrassment of your life. You give less than 100USD to people and you call it empowerment? Common!

Keep loving him till one day he go send army to kill your love ones okay.

Okoroawusa:
I Love PMB

aramideji:
Olodo people will just be commenting with boldness.
Well President Buhari actually reduced our domestic product capacity from $530 billion President Jonathan left it.

You see ur I.too sabi life..?

If I get NEPA light more than u and u get more than ppl in sokoto and am ranked number one....

If my amount of light supply is reduced by the light suppliers and ur is also reduced my a factor I can't say and the ppl in sokoto is also reduced.......

Am I still number one...?

Non adulterated deceit of the highest order!

stop decieving nigerians largest economy while we are still the poverty capital of the world no roads hospitals terrorism etc and also this indices of largest economy only means largest market to the world for selling products nothing more

SmartPolician:


First-to-commenters like you explain why Tinubu keeps appearing on threads his name shouldn't appear. Stick to the topic!

To the news now, I will tell anyone who cares to know that Nigeria's economy remains one of the biggest, not due to government's effort, because we have a massive population.

While some leading economies have employed innovation and massive government support to drive their economies, we just depend mainly on petrodollars from Niger Delta oil to drive our economy.

Little wonder Nigeria keeps borrowing to do virtually everything because crude prices plummeted.

Buhari has been shouting diversification since 2015, but he still uses Nigeria's little earnings to prospect for oil in the north. I don't understand that man.

Lastly, may God bless those Nigerians who constantly send FX home to their loved ones. If not for them, only God knows how much the naira will be exchanging today.

Absolutely spot on. Very authentic, valid and indisputable facts u laid out. Thumbs up

Cajal:
Bubu don bribe IMF
APC ABD LIES

No he didn't. IMF might be right but d indices used to arrive at their findings can't be attributed to any deliberate economic policy on d part of buhari or his govt

uptimumOne23:




Buhari and Osinbajo had done well in managing and growing our economy

Pls explain how they have done well in managing and growing d nigerian economy

Divide the gdp by the population.

No be by size

South Africa is 59m, Nigeria is 200m. Slight difference in gdp. It means for every 1 dollar available for spending on a Nigerian, South Africa has $3 per citizen.

ijustdey:


https://www.google.com/amp/s/www.thisdaylive.com/index.php/2020/12/29/imf-nigeria-remains-largest-economy-in-africa-26th-in-the-world/amp/

When all the children in the class fail exams na the pikin wey get 1/� go take First.


Check my sig

uptimumOne23:
Nigeria going places...this is not an easy feat.

No 1 is the target

God bless Baba Buhari and Osinbajo

not an easy feat you say ? compare Nigeria's population to the so called largest economy, BTW this was not a Buhari 's achievement Nigeria has been he largest economy in Africa since the last administration

Nigeria abi Lagos ..bcus I don’t know the contribution of this most northern state to the country’s economy other than insurgency.

prekumohtim:


Yet more than 90% of her citizens are suffering daily. No good roads, hospitals, jobs, electricity, universities and so many others. Many of her graduates can only boast of 30k Npower job with abeg while Buhari' daughter is enjoying in NNPC earning over #6m . Our politicians fly abroad for treatment

You made sense abt lack of social amenities but only myopic minded ppl would believe a person at the status of President of the FRN will appoint his son/daughter as board member of any govt company or organisation because of N6m.
To confirm the unauthenticity of the allegation, the claim did not state which of the Buhari’s daughters  is being referred to. However, a picture of Zahra Buhari was added to the thread. In addition to a contradictory screenshots which state that she is a deputy manager at the Nigerian National Petroleum Corporation, NNPC.
People in power target contract than mere token salary of million naira.

Hurray!!! Nigerians calm down, very soon youths no need to run away again. we will start enjoying like German citizens.

Somebody should show me the 'Dislike button' fast!

There are many parameters to check if a country is doing well or not, GDP alone is not enough to know if a country is doing well, Nigeria economy will remain large due to her huge natural resources (Nigeria is the largest oil producer in Africa n 11th in the world.....this doesn't answer to good governance, it is a gift by God) but the responsibility of a good government is to annest the potential (resources) inorder to better the life of citizen. Economist use per capita and purchasing power parity to know how a country is fairing. Despite our enormous economy, many countries are doing better than us using per capita....south Africa, Gabon, Botswana, Mauritius, Seychelles, Namibia are all doing better than us. Nigeria Gdp is not growing according to her population.

Imf is a confused fulani terrorist funds raiser.

uptimumOne23:


You are a confused being. If the government has failed to create enabling environment for business to thrive then how come you are claiming our economy is being driven by private sector investment and not the government.

The good report actually unsettled him. That's why he is confused. He wanted to hear what his mind wishes. He proudly said that he is an exporter of one agricultural (cassava) product from the country. Yet he couldn't figure out that if there were no enabling environment, how could he has engaged in such business?
But, he is not alone; many of them are dying silently waiting to hear what news which usually please from Sahara reporters and pdp political magazines like the punch.
For the next few weeks, they will come up with their own version of the IMF report to resettled the unsettled gullible fans unsettled and confused by the report.
They will tell you they want the country to progress but the president must fail. Such is their mindsets, the purveyance of their confusion.

SmartPolician:


First-to-commenters like you explain why Tinubu keeps appearing on threads his name shouldn't appear. Stick to the topic!

To the news now, I will tell anyone who cares to know that Nigeria's economy remains one of the biggest, not due to government's effort, because we have a massive population.

While some leading economies have employed innovation and massive government support to drive their economies, we just depend mainly on petrodollars from Niger Delta oil to drive our economy.

Little wonder Nigeria keeps borrowing to do virtually everything because crude prices plummeted.

Buhari has been shouting diversification since 2015, but he still uses Nigeria's little earnings to prospect for oil in the north. I don't understand that man.

Lastly, may God bless those Nigerians who constantly send FX home to their loved ones. If not for them, only God knows how much the naira will be exchanging today.

Bros Nigeria has always been the most populated in Africa but has only been the biggest economy 2wice. Under Jonathan and Buhari, so talk another one.
The main import of the write-up is that Nigeria is the most productive economy(GDP) in Africa but not generating enough revenue from its economy. SA's revenues beats Nigeria's hands down. So SA is richer than Naija.
I think we need one of the Lagos boys to takeover at the center. It's not an easy feat to turn IGR from 30b to 480b within 16years(over a 1000% growth) without increasing tax rate; only them have that bragging right in Nigeria�

I don't take any useless IMF statistics. Imperialistic organization that milk , loot and bring down any developing countries especially those in Africa.

They will be deciving you with sweet words so that you can continue to borrow from them thereby plunging your unborn generation and the country to future debts!

Devlish imperialist IMF.

How can Nigerian be the biggest economy in Africa while the country is the poverty capital of the world. It doesn't make any sense.

South Africa supposed to be Africa biggest economy.

greatsly:
Nigeria is a country with great potentials. There is no country in the World that is so richly bless with infinite opportunities for greatness like Nigeria. This Nation has got all it take to be the best in the world.


Nigerian's especially the Young should take time to study their country, look inward and tap into the numerous potentials that this Nation offers for their own greatness. If foreigners from Asia, middle east and other countries can be trooping in to make success for themselves how much more the citizens.

Do not listen to the negative comments and opinions of people about Nigeria. That is their mindset. Create your own dream and work towards it.

This is the easiest country to be Rich, let no one decieve you. There are several challenges that needs solutions, just solve one and you are made. The developed economics are already saturated with solutions, so there is nothing new.

please enlighten me on how to discover those challenges that need solutions

Largest economy indeed, what about south africa, Egypt, and co.

So American porn industry is richer than Nigeria nawaoo
America is good
A blessed country