₦airaland Forum

tegrianonigltd:
This same Obi? Who handed money through out his tenure to rebuilding of schools? He gave the owners of build, improved the education sector. Una political lies sha. Jonathan build enough, he was insulted, he was humiliated, his wife too. Is building of school ever it. It’s politics of hate, and ignorance.

Brendaniel:
And Goodluck Jonathan that built schools all over the north for Almajiri's, what did the north and the south west championed by the very Tinubu Reno is supporting use to pay him back?

They kicked him out, this tells you that all these attacks are just out of hatred, secondly if after all what Peter Obi did in education(whether he built schools or not) for Anambra and Anambra became the leading state in education then what is now the justification for someone who built more schools only for the state to end up retrogressing in education.

It means one was doing something right and the other was doing something wrong, it is in Nigeria I know governments to show infrastructures that does not add value to the people as an achievement....

What matters most is, did education improve under Peter Obi better than Tinubu in both states?

If the answer is yes, then Peter Obi out performed Tinubu in education, even if Tinubu built 200 schools, if the 200 schools did not improve the educational performance in the state like someone who did not even build 1 school in his own state but achieved more educational performance, what then did the 200 additionally built schools achieve over the one who did not add any?

These are some of the reasons we have projects in Nigeria that are yet to achieve any major positive development in the country..

That's why I keep using the statement that says, when some governments major on the minor and minor on the major and achieve little or nothing with very huge costs

Antivirus92:
They have....
They have.....
They have....


No proof, just empty claims.
Waec didn't confirm that they are fake.
These stats come out every year after each waec examination. Neco and jamb also release theirs.

But I know that u need to be happy. News like this breaks u down and makes u Moody.
It's good , create your own happiness

RealTrump:
Cardoso himself said at an IMF event that he was defending the naira but said it was "unintentional," but you are here saying the CBN governor himself was wrong

Whatever wants to happen, let it happen. Naija cannot scare me again, I could care less

Antivirus92:
south east students being best in jamb, waec and neco are all handwork of Obi.
How much more delusional could you be?
Are you also going to deny that south east has been producing best students in all these examinations for donkey years now?
Quit whinning my friend, it will do u no good

grandstar:
The true value of the Naira sits between 1,300-1,400 based on present fundamentals. Anything stronger will harm the economy. It seems Tinubu is more perturbed about a loss of face over a dwindling Naira than accepting reality.

The nation needs to reinvent it. The dependence on crude oil sales for the bulk of the countryš forex is a scourge and needs to end.

The focus now should be an "export or perish" mantra. The desperate clinging to a strong Naira policy will adversely affect exports growth.

The government's goal should be to triple exports within 10 years, the majority being non-oil.

It can only achieve this by deregulating the price of petrol which will induce massive investment into the downstream sector of the economy which has for long suffered a dearth of investment due to the subsidizing of fuel.

Next, should be the deregulation of electricity prices. Let's Discos charge cost reflective tariffs, so huge investments will flood into power generation and distribution to ensure ample power supply for new factories and businesses popping up.

Next should be the lowering of companies tax to less than 20%. Low corporate taxes have positive transformative economic as they lead to a surge in investments, both foreign and local boosting economic growth to the heavens. It's what many Central European countries in the EU have long implemented and with superb results.

More reforms are needed but this should be a start.

RealTrump:
Saudi also defined their currency but unlike you, their reserve is $1.5T. According to nairametrics, CBN is burned $2B in approximately 1 month, in how many weeks will we finish a paltry reserve of $32B?

Mind you, they have collected plenty debt against that reserve, they still collected $2B days ago.

Sadly for your type, Propaganda can't be used to bring down the dollar.

Antivirus92:
once you're beaten, it's fake!
A terrible lover!

ariesbull:
abandon where with all these data

ariesbull:
Nuc is there are you not seeing independent data by international organisation?

ariesbull:
Look at graphs and data the trend has been there for years

ariesbull:
These are statistics that will show you the most educated region and the most educated region don't make noise about it ...that's to show thay empty vessels make noise

Eastern schools have been winning international awards year in and out

ariesbull:
Stop living in denials the stats are there and the trend are there for the past 10 yrs ago

Wainey:
education is not about passing waec.
If two people goes to one, and one graduates with first class and the other with third class.
10yrs later, the first class is now working in a company owned and managed by the third class graduate. Who would u say is more educated?
Personally I think the igbos and Yorubas are the most educated in Nigeria

OfoIgbo:
All the 5 SE states are in the top 10.

States with heavy indigenous Igbo population are in the top 10 i.e Rivers, Delta

State with heavy Igbo migrant population is in the top 10 i.e Lagos

josephugoscucii:
Nigeria is projected to slip to the fourth largest
economy in Africa in 2024, behind South Africa,
Egypt, and Algeria, according to IMF forecasts
for April 2024.
Nigeria which has held the title of “Africa’s
largest economy” since the GDP rebasing in
2013 is projected to have a total GDP of $253
billion in 2024, primarily due to the devaluation
of the Naira.
According to IMF forecasts, South Africa will be
Africa’s largest economy with a GDP of $373
billion, followed by Egypt with $348 billion, and
Algeria with $267 billion.
Recall that in 2023, it was projected that South
Africa will overtake Nigeria as the largest
economy in Africa.

Based on IMF’s estimates, Nigeria’s GDP in US
Dollars declined from $477 billion in 2022, to
$375 billion in 2023, it is estimated to drop to
$253 billion in 2024.

However, in the Naira, the
GDP improved from N202.4 trillion in 2022 to
N234.4 trillion in 2023. For 2024, the GDP is
projected to hit N296.4 trillion.
Recommended reading: IMF sees Nigeria’s
inflation dropping to 26.3% this year
What you should know
According to IMF data, Nigeria was the largest
economy in Africa in 2022, however, a
devaluation of the Naira caused Nigeria to drop
to third place in 2023, behind Egypt with a GDP
of $394 billion and South Africa with a GDP of
$378 billion.
In 2024, the devaluation of the Nigerian Naira
and the Egyptian Pounds will see Nigeria and
Egypt’s fortunes decline, with South Africa
taking the reins as Africa’s largest economy.
Since President Bola Tinubu took over as
President in 2023, the official exchange rate of
the Nigerian Naira has plunged by over 55%,
leaving a significant dent in the GDP
computation of the country. Meanwhile, in
Egypt, economic reforms since March 2024
have caused the Egyptian Pounds to decline by
almost 40% in just over a month. In South
Africa, the Rand has devalued by a slim 4% in
2024.
IMF estimates that Nigeria’s GDP will grow by
3.34% in 2024, up from the 2.86% growth rate
posted in 2023. South Africa’s GDP is estimated
to grow by 0.9% in 2024, from 2023’s 0.6%
GDP growth rate.
Egypt’s GDP is projected to grow at 3.0% in
2024, a decline from its 2023’s GDP growth rate
of 3.76.

https://nairametrics.com/2024/04/19/nigeria-to-become-africas-fourth-largest-economy-in-2024-imf/


For FULL REPORT
https://www.imf.org/en/Publications/WEO/weo-database/2024/April/weo-report?a=1&c=001,998,&s=NGDPD,PPPGDP,PPPPC,PPPSH,&sy=2022&ey=2029&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1

OfoIgbo:
Buhari initially had either a Fulani or Yoruba olodo going for the job. But when his fellow terrorists whispered to him that this was not an agbado-level exercise, he had no option but to drag out an Igbo person, in the person of Ngozi okonjo Iweala to go for the job.
He knew no Yoruba or Fulani could match the Japanese, British and other European aspirants for that position.

I suppose the constant top places of SE states in the WAEC, JAMB and other examinations was a supporting argument. These lists have the top Igbo states listed before Lagos comes in, and the only reason Lagos shows up in the top 10 is because there is a huge number of Igbos in Lagos, otherwise Lagos would head back down the list where Yoruba states abound.

Soliddust3030:
Israel una penetrate Iran defence. Abeg make una fight Iran one on one without USA first.

OfoIgbo:
It was in GEJ's tenure that Nigeria became the largest economy in Africa. Not in OBJ's. Ironically, both OBJ and GEJ ran a good economy. The common factor being NOI.

NOI was the finance minister who brought Nigeria to that epic height, after many decades of many other finance ministers.
Even the way she emerged as the DG of WTO where she beat a myriad of other global economic experts to emerge the best. We all know that both Kemi Adeosun and Wale Odun combined, could never have gotten the WTO job, as they are vastly inferior to Ngozi Okonjo Iweala.

Now, more than anything else, what people in the street want are cheap beans, rice and other ingredients. Cheap fuel to power their houses and their factories to generate more jobs for the masses, more electricity to cut down on the cost of power. All these little goodies, the Tinubu government has destroyed in preference for the legacy project of an outrageously bloated contract of constructing the coastal railway, fraudulently awarded to one of Tinubu's allies

YorubaNiBaba:
This good for nothing woman should shut her dirty mouth...No Yoruba fall for this trash from a worthless ape looking bastard called ezekwezlli...

OfoIgbo:
GEj made Nigeria the largest economy in Africa, with the assistance of people like Ngozi Iweala, Peter Obi, Arunma Oteh e.t.c. so he is several classes above the rest.
Perhaps, if OBJ had retained NOI throughout his tenure, Nigeria would have become the largest economy in Africa, so that's a little bit of bad luck for OBJ there. GEJ took the honours, thanks to him for bringing back NOI who performed her magic.

Much of the foreign debt we have now were borrowed by Buhari's government, and we all know that Tinubu brought in Buhari, and even supported Buhari for a second term, so Tinubu is very happy with Buhari's economic management of Nigeria, so whatever debt repayment Tinubu's government is making, he should not complain about it, because he brought in the government that put us in that huge debt.

Today the country's economy is in the doldrums and people are starving to death and you still think the usual propaganda that you people are known for, will wash. All your Lagos "big boys" are in Abuja, messing up Nigeria. That propaganda has long been exposed. Even northerners no longer trust anything with the southwest label. NEF has started to protest. The hungry northerners are also starting to grumble. Some have even died of hunger. This is now beyond propaganda.

Lizzysamuel:
It will be a big shame if Reno doesn't honour his pledge

If you want to talk about advanced education, Peter Obi built Anambra state university Igbariam from scratch and was fully accredited before he left Office. Obi single handedly built Anambra state university teaching hospital Awka.

OfoIgbo:
Typical Yoruba reasoning.

When OBJ was the president, the price of oil was even below $20 per barrel, yet Ngozi Okonjo Iweala ran the economy in a way to ensure Nigerians were not as impoverished as they are right now. Every single commodity was very affordable and within the means of most Nigerians. Electricity was relatively abundant. OBJ even had enough money to pay petrol subsidy, unlike the current government that withdrew petrol subsidy on the first day of this administration, yet no one can account for the petrol subsidy savings, the government boasted they will use to develop the economy.

Today the oil price per barrel is $90, yet this government, in spite of the price of oil and in spite of the savings it is making by not paying petrol subsidy, has led Nigeria to the worst economic doldrums in the history of Nigeria.

If GEJ had an economy that gave him $90 per barrel of oil, and also did not have to pay petrol subsidy, GEJ would have performed better than he actually did.
Tinubu is the worst president of Nigeria, followed by Buhari.

JASONjnr:
Why do we always expect God to fit into where man was given the ability to take charge?

During GEJ, we had good performance and standard economy. But we needed something better and voted him out and brought in a dullard and since then we have been praying to God to do miracles.