₦airaland Forum

the market sellers, bus conductors, taxi drivers, hair dressers, barbers earn between 20- 50 USD a day

that 1 dollar thing is rubbish

someone said world bank stats are reliable- yeah

but if tht thing came from world bank, then they must be silly

have you been to beer parlours in Lagos?

do you know how much all these people spend on cigar and beer a day?

oyinbo dont teach me nonsense, me sef sabi book small

Dayokanu

who be my friend wey dey behave like asstard?

nyways, i don decode

the dude is a fcking disgrace!!!!!!!!!!!!!!!!!!!!!!!!!!!!

bones1:
the site is slow to operate, but then we'll see,

its not at all

it works perfectly for me

Onlytruth:
Once in a while, one stumbles upon an amazing progressive feat in Nigeria. This is one of them.

Great site!

Brother, lil by lil, even if we crawl, Nigeria will get there

amen!

nice one

very nice. even up to ma street

^^^
Sir, with due respect, i still think your stats have got serious and major flaws

how on earth did the Global monitoring team arrive at the less than a dollar figure?

what empirical evidences are there to show that the majority of the peasants (bulk of those in the informal sector) are captured in this silly stats.

I have worked in credible research desks of major IBs and i know when stats are faulty

Lemme give you a scenerio

when MTN was about to come to Nigeria. They appointed a local consulting firm to conduct a biz plan, feasibility/market study. while the local consulting firm was going about with the study, they appointed another foreign firm to do the same and both were commissioned to submit their reports and make presentations same day

sir, on the day of the presentation, the foreign coy were categorical about their findings. The summary of their findings was
The minimum wage in Nigeria is 7,500 in some Fed pararstatals and 5,500 in most states of the federation. They also said the Organised private sector can only account for just 30,000 people. In this light, they didnt see how MTN would make money cos of the perceived low wages and the seemingly 'poverty' in the country

Sir, the local consulting firm (with full understanding of the market) mentioned the 7,500 angle and the 30,000 angle in the OPS but were quick to chip in that most Nigerians have developed a survival attitude which makes them engage in a host of other activities to make a living.

they further stressed that has anyone bothered to find out how a peasant farmer sends 3-4 children to the Univeristy? or how a teacher with 12,000 manages to send his/her wards to school?

The audience listened with rapt attention how he demonstrated how 9ja labour market is fragmented and how the bulk of the income is generated in the informal sector with no data to capture what really is earned in the country.

Sir, MTN has not only been growing in leaps and bound cos not only do almost all the 7,500 earners have fancy fones, they also spend more than 7,500 on recharge cards monthly. then where are they making the money?

pls, do not be gullible to foreign stats

be smart enough to know what obatins in your country. You live here , they dont

Bulk of Nigerians dont live on less than a dollar a day. a dollar a day is 30 dollars a month. By my calculation, they are using the 7,500 minimum wage

brother, ask MTN if that stat is correct and they'll tell u thank God they never used those frivolous stats to make investment decisions

peace!

the inclusion of Jim Iyke makes me laff

lemme laff again lmao

Jim Ikye dress like a dolt

the PA to minister thing will elicit insults

strike it out

@Topic
fck u if u cant arrange ur life at this age; if she wanna commit suicide, then let her go ahead

abokoku na im den dey call those kain people for my village

HMM

i noticed something from Mr.Cock

he gets insulted and he doesnt give back insults.  .  .   .  . nice

Mr. Cock

ure the Nairalander of the year. what you have done to me in a week (with the way i laff), God will repay in many folds
say amen oh


carry on joh

do want Goggles? i can arrange her for you
do you like her ikebe super?

Spyker:
No money, no honey.
You can never loose women chasing after money but you can loose trillions of money chasing after women.

is loose = lose?

) Only 10% of students that write JAMB enter our tertiary institutions.
2) 70%(most likely more) of Nigerians live with a dollar a day.
3) 40 % of Nigerians have access to potable water
4) 1.8 million Nigerians have access to LIMITED health care

sir, slow down

im not sure ure as informed as some people here judging from what ive read from you

can we do a lil exercise? how did you arrive at the less than 1 USD a day thingy and the other stats u threw at us

thank u

^^ running for what office?

and what is CPC?

@Debosky and Saga

Our problem is strictly poor governance

Our Population is one of the reason the West are rushing here, despite the inherent risks in investing in the country, multinationals based in Nigeria are churning out better numbers compared to their branches elsewhere. Our fundamentals are catchy just because Nigeria is a ready market just for any product - in essence we are a ready market for almost anything because we have a large population!!!!

what we need to do to move forward is just to move from being petty to an industrial giant!!! unemployment, social strife, militancy, kidnapping are not necessarily because our population is outta control, its simply because of the unequitable distribution of wealth.

If half of the nations wealth was channeled into developing an industrial base, our population would come handy in making our industries viable

Even if it takes us 25 years to get it right, i dont forsee any population explosion at the present rate we are growing and oh yeah anytime we get it right, we'll be on point

Sagamite, go away with ur Oyinbo mentality and ur consultant grammar

***edited***

The population we can't take care of is not growing but exploding, yet we have no visible fundamentals on the ground to show we would be able to take care of the growth, and yet you think the growth is not a problem?

And even if we start developing the fundamentals, do you know how long it will take to perfect them? We have already spent 11 years trying to diversify our economic base and build power. Have we got anywhere?

Sagamite

i dont know what ure talking about; what fundamentals are you talking about exactly?

The Infrastructures? have you been to India? are the Infrastructures better than what we have in Nigeria?

have you checked why we are called a frontier market?

tell me the fundamentals ure talking about maybe i can get exactly what ure saying

In a normal setting, population growth should not be a thing of worry; i get you that we are not matching the growth in population with productivity, but does it take a rocket science to right the worngs?

how long will it take Nigeria to achive a single digit inflation, grow at more than 15% per annum, diversify her export base and probably go industrial

my friend , the fundamentals to do all these are there; maybe the frameworks are missing

like i said b4, we dont need a charles darwin to make it wwork

presently, their is no cause for alarm. let BBC chop Igbe

ritchboy:
^^^ isnt it obvious SAF is brain-dead, why are you surprised?

If SAF is brain dead, then WenGay is a living corpse

^^^
at what point did he discover he needed strikers?

how come hes lamenting when the transfer window was shut?

did he not buy midfielders?

De Maria, Khediara and Ozil

why didnt he buy a striker?

The former agent of Manchester United striker Bebe, who was signed for over £7m, says PSV Eindhoven turned down the player when he was available for free

Debosky
make i no see you near y me oh

Rasputinn
i go vex oh

im a born again xtian oh

The real problem is the social infrastructure: Roads, housing, power, water, etc. The state of those is really bad. Even the glitzy Hyderabad, there are still a few issues. I asked an Indian dude today why and he said 'Well, you guys have just one major party in Nigeria. Here we have like 500, always struggling for power.'. That answered it for me.

Ajanlekoko my Oga

if the infrstructures are bad, then we'll be right if they are termed 3rd world country
I know economic literatures have come forth with stuffs like developing countries, emerging markets and frontier markets

we all know this is just to diffrentiate between countries that are making progress and those that are retrogressing

its either ure developed or not
are they developed? No
Developing? maybe
3rd world ? maybe?

lol

blacksta:
mumu  

- all chicks for blacksta-    I am happy to distribute after sampling  -cheers

the road to perdition is wide

enjoy jare . i just dey joke oh
no take me serious abeg

continue trudgin the path to destruction

^^^ London bro

what do u mean tyneside?

if he needs strikers, why did he go for Khedira and ozil?

is he a fool?

dayokanu:
How tkb know about Romanian league you no ask am?

Na small thing dem dey take know chronic GAMBLERS

lololololololol

na u teach me gambling na

Pharoh:
We are simply not productive and the article says it will come to a time when our over population will not match our slow paced productivity.

simple

we are not doing much to match the rate of growth

thats all

Nothing to make noise about

all im reading are conditional statements

If A happens, Z would occur; if A doesnt happen, their is a tendency B would happen

who says our resources wont be optimally utilized say 2020?

Im one of the people who believe the sustainance of our democracy would probably be the catalyst to the kinda devpt we have dreamt of.

all we need is a visionary leader - someone in the mould of saraki and fashola and we'll will be singing another tune

Ive always been of the opinion 9jas population would be to our advantage in SOON

Ibime and Mbulela

im reasoning with you guys oh

100billion for someone who is about to leave office?

i doubt the legislators have been bought. Cos the speaker still came out recently to say he was bribed with a billion

nyways, i no go gree

Beaf:
What is going on in Rivers is really bad and unfortunate, Bayelsa also has several issues.
However, Akwa Ibom and Delta don't have these problems.

Lets see how govt deals with this.

are you sure about Delta?