PHAYOL81:
Of course the value of the refinery hasn't been considered for DANGOTE as the facility hasn't really become operational. He should be worth around 30B by the time it （the refinery） gets valued and added



THEY don't understand the concept and meaning of MONOPOLY. many of them just used the word because others do use it too to accuse DANGOTE



THE value of NAIRA against the dollars play a very pivotal role in the difference between MARK and DANGOTE, as well as the value of and the direct beneficiaries of their respective products, NOT ENTIRELY MARKET PRESENCE. DANGOTE is ever expanding, has more products on sale than MARK but his major trade strenght is determined by the value of NAIRA in the country where he's domiciled. IF NAIRA INCREASES IN VALUE CONSISTENTLY BACK TO THE OLD, DANGOTE'S （and BUA'S, ADENUGA'S ） estimate would massively improved. All of them are expanding but naira keeps getting bad while dollars maintain steady stand even across world FX market.

You’re absolutely high. You’re going to compare Meta a company that is richer than all of Africa combined to Dangote? Nigerians have a serious ego problem. Facebook, Instagram are trillion dollar companies.

Goodvibes007:

The numbers of billionaires in Africa are a drop in the bucket compared to the number of billionaires in Europe or North America.

Offcourse, The amount of money passing through London alone is more than all the combined wealth of Africa.

MT:


Such a waste.

Comprehension is your problem. You couldn't even relate to the subject matter.

I was trying hard for you to hide your idiocy but you lack the intelligence to understand that. Son of perdition.

Arguing with you is like talking to a brick wall. I am done with you, numbskull.

I’m trying to comprehend the nonsense you wrote. You made a thread called “why do Nigerians think whites are richer than them” how else will one interpret that? What you’re trying to discuss is whom has the more buying power. You should have rephrased your question. If your talking about whom is richer as in had more absolute wealth and wealth on average. Offcourse Westerners are. By a ridiculous margin.

MT:


First, why did you call me a fool when I didn't say such to you or gave you any reason to?

I will refrain from insulting you in reciprocity, I will rather educate you. You are still failing to separate the country from the citizens. Look at the US for instance, just 20% of the citizens hold the 86% of the entire wealth in the US

(https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_United_States#:~:text=The%20top%2020%25%20of%20Americans,of%20the%20population%20owned%2014%25.)

What becomes of the rest of the 80%. They share the remaining 14% of the wealth among themselves.

Credit system is created for the rest of the 80, so they won't have to revolt against the rich, so they can always get by, and die in debt

When having intellectual discourse, learn to be civil. Stop being emotional. If you have a superior argument backed up with facts, state it in a civil manner . It doesn't rub on you well insulting someone you have never met or seen.

Would you rather die of debt vs dying to diseases, bandits, terrorists or hunger?
No you are an idiot FULLSTOP. You cannot access the wealth of a country simply because of a credit system. You have to look at other indices such as GDP, GDP per capita and so on. Credit System is what actually makes the differences in wealth less visible. Someone can have a nice car and house all paid for vs someone that has those things but on credit.

You made a straw man argument. No one stated that westerners are rich. The West has problems but problems of a rich country. But they don’t have real problems especially when compared to Africa.

Why on earth compare the wealth distribution of Africa to the western world? The wealth of Africa is tied to a few bank accounts.

In every way of comparing wealth, You are wrong period.
The absolute wealth of the Western World is far far far far higher than what is in Africa.
The distribution of wealth in the West can be uneven. But it is not so relevant here because you are comparing the wealth of Africans to Westerners. Not the wealth distribution. Africans are poorer than Westerners. That is an indisputable fact.

Kobojunkie:
This thread is all sorts of funny! Imagine the comparisons! 🤣🤣🤣🤣🤣🤣

If someone ran over you in Nigeria with a car. You’re a dead man. They will curse you for being in their way. If it was in the US, they would at least be like “Someone call 911, apply first aid and wait for help to arrive”

Developed countries are not just better from an economic standpoint. But also socially, politically and morally. The developed is by no means perfect. Police Brutality, Racial Discrimination and so on. But compared to Nigeria, It is Disneyland.

ba7man:
Who else did they use to raid the plantations and settlements?

Black folks of course.

Yes but they were under their influence. A lot of the time they would also conquer the kingdoms and then enslave the people. Look at Dahomey, Benin Expedition and so on. Africans lost to the Europe because of the technological gap, worse tactics and so on.

MT:


Learn to separate the people from the country.

Africa is different from Africans.

You are missing the point.

US is a wealthy country but has one of the largest homeless people in the world.

Read the content of the topic. Don't attempt to change it and impose your own thought. You are miles off the topic.

You’re a fool. Your ways of measuring wealth is so stupid. Having a credit system doesn’t make one poor. The Credit system is there because those countries are wealthy. There is trust that they will be able to pay it back.

I’m not changing the topic. You’re trying to argue against the idea that westerners aren’t richer than African. When they are

A rich westerner is far far richer than a rich African

A middling westerner is considerably better off than a middling African

A poor westerner is also far better off than a poor African (welfare system). The US alone has a budget of 1.3 Trillion USD to the social security of its citizens. That is 1/3rd of Africa’s GDP. Poverty in Africa is like non other on this planet. What welfare package does Nigeria have ? 😂😂😂

You fail to understand that poverty and wealth are relative. No one is stating that westerners are rich. But they are richer compared to the rest of the world. They are far far richer than Africans on average.

I don’t understand some Nigerians. You think having a few affluent neighbourhoods makes the country rich? When most Africans live on less than 5 dollars a day.
The amount of money flowing through the likes of London, New York, San Francisco and Paris alone is more than the GDP of the entire African continent. Africa is the poorest continent in the world. By a ridiculous margin. That is the truth. Africans are nowhere near as rich as people from the other parts of the world. Thus your thread is BS.

Kobojunkie:
This thread is all sorts of funny! Imagine the comparisons! 🤣🤣🤣🤣🤣🤣

It is ridiculous. African society is extremely brutal and harsh. There is little to empathy in that region especially when looking at the level of insecurity in the country. This is madness. If you got hit by a car in Nigeria. The driver will Japa out of there and even start cursing you. If that was in the US, There would be requirements like administering first aid and so on. If someone is about to go to critical condition in the US. 911 is a dial away. In Nigeria, the person will pass away peacefully. Nigerian government has absolutely no regard for their citizens. At least the US government has some moral compass. Western politicians are glorifed civil servants.

phreakabit:
Morally? YES we are!. . . Reasons:

1, You don't see 16 year old "baby mommas" everywhere (Typical of Latinos and African Black Americans)

2, You don't see MOST of our teenagers experimenting with drugs: [size=18pt]Sniffing Nutmeg[/size], Bath salt, doing mushrooms or doing Salvia (hallucinogens in general, as in the case of America.

3, I am yet to attend or hear of a teenage rave party in Nigeria (You know how rave parties are).

I could mention more but I have stuff to do ATM. . . I check back later .

Bandits, Cultists, Terrorists etc sound very morally Choi’s don’t they?

PAGAN9JA:


Wrong. The Chiefs being intimate bit is very rare and occurs only in some isolated cases. immoral nonetheless, but there are very few Chiefs to start with and majority are not like that.

Polygamy, mostly in northern areas. yet i have noticed that very few actually do it. also the USA has plygamy (have ou heard of those mormon christian men having 100 wives)

Child Labour is not a moral issue. it is more of a poverty issue. they have no choice or else they go hungry and die.

also as i mentioned, i was not referring to the governing bodies. I was referring to the common man, especially the villagers who are very simple and constitute the majority of Nigerian populace.

Overall morality, i would say that Nigeria fares better, though i cannot say anything about the long term.

This is crazy how can a coutnry like the US becomes to a country with bandits, terrorism, cultists and so on.

The local languages are dying out. It's inevitable. Before the end of this century, only a few widely spoken languages will still be used worldwide.

English; widespread use over the whole world and the internet.

Mandarin; due to probable future Chinese expansionism.

Spanish; widespread use over three continents

Arabic; widespread use over two continents and groups in other continents with religious significance.

Hindi; religious significance.

Hebrew; religious significance.

French; widespread use over two continents.

Portuguese; widespread use over three continents.

The latter two may disappear eventually as English or Mandarin Chinese replaces them. Languages with religious significance like Arabic, Hindi, and Hebrew may also disappear as atheism continues to rise globally, or be spoken only by the religious elite (like Latin or Sanskrit). The others will not survive except as curiosities (like Maya or Pawnee o r thousands of others). The extinction can only be delayed for a while but not stopped. The local languages have already served their purpose. Now the globe is a single village.

Of those languages you listed, Only English, Spanish are possibly French are the serious contenders. Outside of China, relatively few people are native speakers. Arabic is similar too. Both Chinese and Arabic are far harder to learn than European languages.

neutralmind:


Kindly be more explicit. What do you mean by you people? Are you referring to Nigerians in general?

Are you a foreigner?

What will happen in one hundred years time?

In 100 years time, There will be very few speakers of the indigenous language left as they are mostly indigenous speakers in the older generations like Gen X and Boomers. Gen Z is more inclined to English.

senatordave1:
Op has lost it.blacks can never dominate or outnumber whites in usa

When you analyse the demographic change of the US. Black influence is waning whilst Asian and Latin influence is growing. They are catching up to the parts that BA was dominant in such as sports and entertainment.
Culturally, They are already there. More people speak Spanish in the USA than Spain. The US will become the largest Spanish speaking country in the world surpassing even Mexico. Hispanics and Qsians are taking over the US. Places where Blacks and Whites were far more prominent is now becoming much more Latin and Asian. Texas, Florida, California and more are proof of that. Hispanics are almost half the population of Texas and California. They are over a quarter of the Florida population. In Miami, Spanish at times is even used more often than English.

ModestGal:
Amen

To what?
Stupidity

MT:
I have read countless submissions from Nairaland and I am always shocked how westerners especially are perceived as very wealthy.

This reflects in the way they are treated when they visit our continent. Most Nigerians are subservient to them, thinking that the whites are quite rich. The whites get the feedback and they look down on africans as the sons and daughters of their former slaves.

You will see a Nigeria graduate having an illiterate white as friends, and still feel so privileged to have them as friends. Taking pictures and posting on social media showing the world that he now has white friends; the whites that ought to be under him in levels.

This also informs the japa when majority feel that once they get visa, they are going into very "rich" land where their hopes will be realised.

Like I have written countless times, it is all an "illusion". It is a culture of debt. Westerners hardly pay fully for anything. They owe their lives to the banks and they must repay by installment at the end of every month.

Why don't africans realise that most whites save for years before they can embark on any trip anywhere? Lot of people outrightly own their houses in Nigeria, while the whites are paying mortgage at the end of each month. Tell me where is the real wealth?

I am not talking about state of the country, I am addressing some people mindsets as Africans.

Is it inferiority complex or lack of exposure that is troubling Nigerians or result of too much Hollywood movie?

Can this perspective change with time?

The people you speak about in Africa are in the minority. It’s not even up to 1%. When it comes to absolute wealth, Africa is nowhere near the rest of the world. Africa barely accounts for 3% of the global economy making it economically irrelevant.

blueAgent:




Correct .

Superstition is different because it is more symbolic. They don’t believe in this nonsense for the large part. The Enlightenment meant that.

Godsonkemz:
We can't be ignorant of the devices of the enemy. These witches do exist believe it or not. If you doubt their existence, visit these areas where they are very dominant such as awka, calabar, eket, benin, ijebu ode and your village mayn't be exempted.

Where were they when the colonisers arrived? 😂😂what an absolute joke. Europeans came subjugated the land, made them bow before them, burnt villages and shrines. Nothing happened to them.

TruthsFM:
Trump isn’t going to jail joor. Trump will contest for next year November presidential election 🗳 and he wins the election 🗳

You better pray he does. Otherwise. He is a gonna

KingEbukasBlog:


Superstition or belief in a deity does not stop advancement . I gave countries who are doing fine and are both superstitious and religious . People mock the North because of their poverty rate and believe Islam - their religion - is the cause . But look at UAE , Saudi Arabia , Qatar and see how hard they ball . And they are very strict with their religious beliefs - execution of criminal offenders by beheading , flogging of sex offenders in public , misogyny etc .

The Gulf doesn’t count either as it wasn’t them that built it. The Gulf was built by foreigners. It was built on slave labor. The people that built all that fancy infrastructure were Germans, Indians, Chinese, Egyptians and so on not Arabs themselves. It was slave labor. Such regions are only wealthy cause of the resources that they have. But in the long run, an economy based on the extraction of raw materials is inferior to an economy based on the productivity of its citizens. That’s why the gulf will struggle when oil is less demanded. They will struggle because they haven’t put anywhere near enough money towards Science and Technology. Instead it is to their religious festivals.

KingEbukasBlog:
Another ignorant post from Johnydon22 . The Chinese are the MOST superstitious people on earth but have the fastest growing economy in the world - their rate of development makes America insecure . Ethiopia is a very religious country and has the fastest growing economy in Africa , many business reports say they'll soon upstage China . Norway is the most advanced in the world and has over 76 percent of its population identify as Christians.

Invariably , atheists equate unbelief in a deity to advancement - an egregious display of ignorance , a flagrant denial in the face of facts , and should be ashamed of their futile attempts to delineate the religious as backward .

I am not saying that despicable practices should be condoned but they do not impede advancement or development

Westerners are nominally religious 😂 they put it on paper their religion but in reality no a growing number of them continue to disbelieve in it.

KingEbukasBlog:
Another ignorant post from Johnydon22 . The Chinese are the MOST superstitious people on earth but have the fastest growing economy in the world - their rate of development makes America insecure . Ethiopia is a very religious country and has the fastest growing economy in Africa , many business reports say they'll soon upstage China . Norway is the most advanced in the world and has over 76 percent of its population identify as Christians.

Invariably , atheists equate unbelief in a deity to advancement - an egregious display of ignorance , a flagrant denial in the face of facts , and should be ashamed of their futile attempts to delineate the religious as backward .

I am not saying that despicable practices should be condoned but they do not impede advancement or development

That is absolutely not true. What makes you think Ethiopia is doing well?

The Chinese are some of the most rational people in the world that would be against such nonsense. These things just bring poverty and suffering to the land.

ba7man:
If anyone feels the white man hasn't contributed anything worthwhile to Africa, the might as well move out of the cities and go back to small scale farming, drop their smartphones and pick up their gongs, drop their automobiles and start walkin round,forget about 3D TV and go back to moonlight games, the list is endless. Our problems have and always remain "Ourselves". The whiteman never forcefully captured us for slavery but we were sold by our fellow Africans to them. Slave trade was the highest income earner at a time in Africa and Africans that benefited from it actually fought against its abolishion.

It was both ways. Europeans raiding plantations and taking slaves or trading with kings.

somalia8:



dear monkey. If you have any idea of history, then you would know that somalis were using cannons before europeans, that northern somalia was fighting with the help of the ottoman empire the ethiopians with guns when whites were taking your people in ships as slaves with your peoples compliance.


you would also know that we were sailing and trading and that we as a people were trading on sail boats commodities that europeans had no access to for thousands of years. forcing europeans to go around the world to find INDIA because arabs/muslims would not let them go through their territory.


Electricity was only invented 200 years ago. Somalis had paper from the chinese who invented it while europeans were living in mudhuts, somalis along with the muslim world were far in advance of the west for the better part of 800 ad to late 1800's. dont let the whites who did achievemetns only 200 years ago make you think they were always ahead of the curve. But then again you are their slave so i wouldnt expect any diffrence. Much of what the west has was because of inventions from ARABS, ASIANS, ETC.

Did you know horners invented coffee, yet whites dont think about that every time they chug down a cup of coffee every morning on their way to work.

But they were and so was Asia hence why the Arabs were able to conquer Africa too. Look at Ancient Rome and Greece, that even by today’s standards is in many ways more sophisticated than Africa. Africa has always lagged behind the rest of the world. Romans and Greeks conquered North Africa and The Middle East.

pleep:
^ you are right. The standard of living in Africa has been steadily decreasing ever since the first European contact, despite the modernization brought by Europeans. So it really depends on what you guys consider development.

Nonsense, With or without colonisation Africa would be poor.

drlateef:




A white man with 20 dogs and 40 cats, 100 cobra snakes and 10000 rats as pets. How can blacks outnumber those ones?😂😂😂

The way the southern border is looking. If anything, The US will become a Hispanic country. As of 2015, More people speak Spanish in America than in Spain itself.

https://www.cnn.com/2015/07/01/us/spanish-speakers-united-states-spain/index.html

Sleepy Joe seemed to have let open the borders after falling down 😂😂. Migrant crossings are at all time high.

https://www.pewresearch.org/short-reads/2024/02/15/migrant-encounters-at-the-us-mexico-border-hit-a-record-high-at-the-end-of-2023/

It might even be a democrat strategy to replace blacks with Latinos and Asians.

Gerrard59:


Probavly so as they are direct descendants of African and Caribbean migrants who willingly moved to Europe.

Cause they don’t whine but then again they are a highly specified group of Africans so they aren’t representative of Africans.

sheeda995:

In US Africans aren't doing better than BAs though. Immigrants are still the poorest in western countries

That is absolutely not true. African immigrants outperform Black Americans significantly. Average African immigrant in the US is way richer than a black American.

https://www.pewresearch.org/global/2018/04/24/sub-saharan-african-immigrants-in-the-u-s-are-often-more-educated-than-those-in-top-european-destinations/

Blacks in the UK and Europe and even carribean also outperform their Black counterparts in the US in every stat except for income and cultural influence (that’s just because they are obviously in the US where their cultural influence dwarfs the rest of the world).
With the exception of salaries and cultural influence, Blacks in the US underperform compared to the blacks in the Europe, Asia and rest of the world (except Africa offcourse and maybe Latam)

jesmond3945:
https://en.m.wikipedia.org/wiki/Twerking#Origin you lied.

“is a type of dance that emerged from the bounce music scene of New Orleans in 1990,[1] which has a broader origin among other types of dancing found among the African diaspora that derives from Bantu-speaking Africans of Central Africa.[2] Individually performed chiefly but not exclusively by women,[3][4] performers dance to popular music in a sexually provocative manner involving throwing or thrusting their hips back or shaking their buttocks, often in a low squatting stance”

Again Bantu people were twerking before BA. Difference is that Africans didn’t call it twerking. Africans started the concept. The word twerking has BA origin but the actual concept which is just shaking your ass is African. It’s a tradition still done by tribes in Africa today.

https://www.popsugar.com/amphtml/fitness/history-twerking-49231442

It has African origins
https://sites.psu.edu/mnshermanpassion/2017/03/17/twerking-a-brief-history/

The dance is centuries old

jesmond3945:
but the americans made it their own.

That’s irrelevant. None of those are BA origin. It’s like saying Pizza is American. When it’s not it is Italian.