₦airaland Forum

TUANKU:
Nigeria's growth drivers remain just potential as rightly stated there, until we improve in production/manufacturing and less dependent on imports as well as massive investment in the power sector, it will remain just potentials.

You're wrong. Goldman Sachs' analysis is not based on mere ''potential'', but our past to current state and rate of development and technological progress and advancement.

Read again:

Methodology

Goldman Sachs' predictions are rooted in a comprehensive analysis of current economic trends, demographic shifts, technological advancements, and potential geopolitical changes. The methodology incorporates factors such as GDP growth rates, population dynamics, productivity improvements, and technological innovation.

This is why they say Nigeria is the hope of the black world.

We have no choice but stick together and get the job done.

We owe to the entire world.


https://www.youtube.com/watch?v=2TqXul0Y8i8

The 25 Largest Economies in the World by 2075: A Forecast by Goldman Sachs

In a groundbreaking report, Goldman Sachs has projected the landscape of the global economy in 2075, identifying the 25 largest economies. This forecast, based on extensive data analysis and economic modeling, offers a fascinating glimpse into the future, highlighting shifts in economic power and the emergence of new players on the global stage.


Methodology

Goldman Sachs' predictions are rooted in a comprehensive analysis of current economic trends, demographic shifts, technological advancements, and potential geopolitical changes. The methodology incorporates factors such as GDP growth rates, population dynamics, productivity improvements, and technological innovation. It's important to note that such long-term forecasts are inherently speculative and subject to change based on unforeseen global events and trends.


Overview of the Global Economic Landscape in 2075

Goldman Sachs' projection paints a picture of a world where Asia's economic clout is markedly pronounced, with China and India leading the charge. The list also reflects the significant growth of economies in Africa, the Middle East, and Latin America, indicating a more diversified global economic landscape.


The Top 25 Economies in 2075

1. China: $57 trillion

Growth Drivers: Continued technological innovation, a shift to a consumer-driven economy, and large-scale infrastructure projects.

Challenges: Aging population, environmental concerns, and the need for political and economic reforms.


2. India: $52.5 trillion

Growth Drivers: Demographic dividend with a young workforce, advancements in technology and digital infrastructure, and increasing foreign investment.

Challenges: Infrastructure development, addressing income inequality, and reforming education and healthcare systems.


3. United States: $51.5 trillion

Growth Drivers: Technological leadership, strong consumer market, and innovative capabilities in various sectors.

Challenges: Aging population, political polarization, and adapting to changing global trade dynamics.


4. Indonesia: $13.7 trillion

Growth Drivers: Strategic location for trade, growing middle class, and a focus on infrastructure and manufacturing.

Challenges: Political stability, environmental issues, and improving education and healthcare.


5. Nigeria: $13.1 trillion

Growth Drivers: Large and young population, potential in agriculture and energy sectors, and emerging technology sector.

Challenges: Political stability, infrastructure deficits, and diversifying economy beyond oil.


6. Pakistan: $12.3 trillion

Growth Drivers: Youthful population, potential in manufacturing and services, and strategic geographic location.

Challenges: Political stability, economic reforms, and addressing education and healthcare needs.


7. Egypt: $10.4 trillion

Growth Drivers: Strategic location, growing service sector, and government reforms in infrastructure and energy.

Challenges: Political stability, water resource management, and diversifying the economy.


8. Brazil: $8.7 trillion

Growth Drivers: Rich natural resources, agricultural and energy sectors, and a large internal market.
Challenges: Political and economic stability, environmental concerns, and improving education and infrastructure.


9. Germany: $8.1 trillion

Growth Drivers: Strong industrial base, technological innovation, and robust export sector.

Challenges: Demographic trends, energy transition, and maintaining its technological edge.


10. Mexico: $7.6 trillion

Growth Drivers: Manufacturing and service sectors, trade agreements, and proximity to the U.S. market.
Challenges: Political stability, addressing crime and corruption, and economic inequality.


11. United Kingdom: $7.6 trillion

Growth Drivers: Financial services sector, technological innovation, and global trade relationships.
Challenges: Post-Brexit economic adjustments, productivity growth, and regional disparities.


12. Japan: $7.5 trillion

Growth Drivers: Technological leadership, strong manufacturing sector, and a focus on innovation.
Challenges: Aging population, public debt, and adapting to global economic changes.


13. Russia: $6.9 trillion

Growth Drivers: Natural resources, particularly in energy, and potential in agriculture and technology sectors.
Challenges: Geopolitical tensions, economic sanctions, and diversifying economy beyond oil and gas.


14. Philippines: $6.6 trillion

Growth Drivers: Growing service sector, remittances from overseas workers, and increasing industrialisation.
Challenges: Infrastructure development, political stability, and environmental vulnerabilities.


15. France: $6.5 trillion

Growth Drivers: Strong industrial and service sectors, technological innovation, and a skilled workforce.
Challenges: Structural reforms, demographic changes, and maintaining competitiveness in the EU.


16. Bangladesh: $6.3 trillion

Growth Drivers: Rapidly growing garment sector, remittances, and developing sectors like IT and pharmaceuticals.
Challenges: Political stability, climate change impacts, and improving infrastructure and education.


17. Ethiopia: $6.2 trillion

Growth Drivers: Agricultural potential, growing manufacturing sector, and large population.
Challenges: Political instability, infrastructure needs, and managing ethnic divisions.


18. Saudi Arabia: $6.1 trillion

Growth Drivers: Oil wealth, economic diversification efforts, and investments in technology and tourism.
Challenges: Oil dependency, regional geopolitical tensions, and social reforms.


19. Canada: $5.2 trillion

Growth Drivers: Natural resources, strong banking sector, and technological innovation.
Challenges: Aging population, climate change impacts, and trade dependencies.


20. Turkey: $5.2 trillion

Growth Drivers: Strategic location, diversified economy, and a large, young population.
Challenges: Economic stability, currency volatility, and geopolitical risks.


21. Australia: $4.3 trillion

Growth Drivers: Natural resources, strong service sector, and ties to Asian economies.
Challenges: Geographic isolation, environmental challenges, and reliance on commodity exports.


22. Italy: $3.8 trillion

Growth Drivers: Manufacturing strength, tourism, and a skilled workforce.

Challenges: Political instability, public debt, and demographic trends.


23. Malaysia: $3.5 trillion

Growth Drivers: Diversified economy, strategic location in ASEAN, and growing tech sector.
Challenges: Political stability, managing ethnic diversity, and economic competition in the region.


24. South Korea: $3.4 trillion

Growth Drivers: Technological innovation, strong manufacturing, and export-oriented economy.

Challenges: Geopolitical risks, aging population, and reliance on a few large conglomerates.


25. South Africa: $3.3 trillion

Growth Drivers: Rich in natural resources, developed financial and legal systems, and regional influence.
Challenges: Political instability, economic inequality, and addressing unemployment and education.


.................


India's Economic Surge

India's projected rise to the second-largest economy globally by 2075 is a testament to its immense growth potential. This growth is attributed to:

• Demographic Dividend: India's large and youthful population is a significant driver of its economic growth.

• Technological Advancement: India's burgeoning tech industry and digital economy are key growth factors.

• Economic Reforms: Continued reforms in economic policies and infrastructure development are crucial for India's growth trajectory.

• Manufacturing and Services: India's focus on manufacturing under initiatives like 'Make in India', coupled with a robust services sector, particularly in IT and ITES, are pivotal to its economic expansion.


Conclusion

Goldman Sachs' projection for 2075 highlights a world where economic power is more evenly distributed globally, with emerging economies playing increasingly prominent roles.


This shift underscores the importance of economic reforms, technological advancement, and demographic factors in shaping the future global economic landscape. The rise of countries like India, Indonesia, and Nigeria, alongside the sustained economic influence of nations like the U.S., China, and Germany, paints a diverse and dynamic picture of the world economy in the latter half of the 21st century.


https://www.campaignforamillion.com/post/the-25-largest-economies-in-the-world-by-2075-a-forecast-by-goldman-sachs

Foolish thread.

Why are you expecting to see foreign investors in every state?

What we need are local Nigerian investors and we are getting them. People are launching new businesses in all those states on a daily basis.

I don’t know where you people get this idea that foreigners being everywhere in the country is a good idea. Rubbish.

DonroxyII:
No thanks to juju ... that shee connects the Brain back to the ancient Primordial worlds & obstruct the Brain from relating with contemporary reality!

Empty-headed dunce typing rubbish in response to his fellow empty-headed dunce.

What else is in your dumb head but inferiority complex?

Even on a thread showcasing Africa’s glorious precolonial history of self governance, your nasty inferiority complex rears its ugly head against ALL the clear evidence of African competence and ingenuity.

Disgusting, pathetic, stupid mental midget.

It took a Cameroonian visitor for us to know that BENIN CITY has undergone a massive transformation. Kudos to those who are building the New Benin. This is unbelievable.


https://www.youtube.com/watch?v=fIpwciz54_k?si=mNHr5GcWjBIfozOS

illicit:
That's right
The difference is that most christian sects use the same settings

But traditionalists have different settings

Even among yoruba alone, Ogun can not be worshipped in sangos temple, oya and osun are not the best of friends

Ayelala, soponna are worshipped in the jungle because they are gods of disease and miserable untimely death

They all require different types of sacrifices...


This place will just be a symbol, in utility it will just be used for gathering

You get my drift?

There are commonalities running through all those traditional denominations. You just need to sit the various chief priests down at a round table and tell them we need them to devise a modality for integrated sessions or services in the temple that account for their collective spiritual values, and fundamental teachings.

They will surely come up with something.

How can they shun such an opportunity? Never.

They will arrange it so that even strangers can walk in and offer short prayers before leaving, or participate in temple services.

Animal sacrifice will be prohibited and replaced by food, flowers etc.

If we do it the right way, Nigerian traditional religion will trend globally just like Afrobeats and Nollywood have done.

Anything we touch turns to gold.

SalamRushdie:
Without white people how would your useless Jamaican friend have met you in the first place to apew this nonsense..if the white race varnishes from the earth , human civilization will be stagnant for the next million years

You are a brainwashed dunce who needs to leave social media and go study world history including your own African history of which you know NOTHING.

Then you might learn that civilisation and industry did NOT start with white people.

Ewu.

Ilamina:
what do u think

The white people built NUCLEAR WEAPONS that can destroy you and your entire family in 2 seconds if they start their 3rd World War.

Those NUCLEAR MISSILES upon dropping, release deadly radiation that could seep under your Door and turn you into a BLOB of melted flesh.

So better pray that some Divine Force from heaven stops those whites you worship before you get incinerated in their nuclear cataclysm.

Softmirror:
Now this is good news.

I HAVE BEEN TELLING YOU PEOPLE.

GIVE THIS MAN CHANCE TO DO HIS WORK.

TINUBU WILL TRANSFORM THIS COUNTRY.

GIVE HIM THE TIME TO DO HIS WORK!

owagbeba:
This country just likes to waste money buying jets to fight a rag tag bunch. -non standing army without tanks, APCs, even artillery systems. Ukraine has shown drones …cheap drones are the future of warfare.

They sell us second jets , and they will bill us much more to get the ammunitions for this jets. We keep wasting money that we don’t have.

Why are we so damn foolish in this country… why?

We need intel to fight these insurgents. We need loitering drones with very good optics and night IR vision that can stay up for at least 24hrs watching these guys… knowing where they sleep, staging area..


See the advance of HTS on Aleppo and Hama…. Even the Syrians and Russian jets could not stop them. They demoralized the SAA with drones attacks on the Armored Tanks, Carriers and staging area.

Cheap drones rigged up with artillery shells .. enough drones. We can get the drones rotor motor and control kits from China, and download 3D diagrams of the drones and 3D print them here in Nigeria. All these will cost a fraction of what we are handing over to France.

1kg plastic filament is about 8000naira
Cheap 3D printers …less than $300

Nigeria …. Pls grow brain!

NO, YOU grow a brain.

What makes a little boy like you think you can instruct the Nigerian Air Force on what equipment to purchase?

Who told your little boy head that our only military threat is from rag tag terrorists?

Are you an intelligence officer or military expert in geopolitical affairs?

Just shut your little boy lips there.

Stupid, insolent idiot insulting his betters.

cucumbar:
Sharap there, you rabbit.

Abuja ko port harcourt ni.

Don’t compare those places to Cape Town Johannesburg.

They are not in the same league.

If you no get money to travel, watch YouTube videos, instead of coming here to talk rubbish.

Even small nairobi better pass your Abuja and Lagos and port harcourt.

LISTEN UP, YOU AIR HEAD.

The DIFFERENCE between Nigeria and those countries is that they have maximum 2 or 3 large cities while Nigeria has over 30 cities. Development is more WIDESPREAD in Nigeria.

Kenya uses all its money to build Nairobi while Nigeria builds MANY MORE CITIES.

This video is of just ONE city in Nigeria no one talks about, Asaba, yet look at the impressive infrastructural development going on there.


https://www.youtube.com/watch?v=00MiSe0rrfY?si=1hZf2zVjjOzg7frp

ayo84:
Where did the moors go to, was it a tactical withdrawal and staged conquest by the caucasian race in europe. I hear the moors were part of the tartarian empire.

The Moors eventually got outnumbered by the Caucasian hordes pouring in from Eastern Europe and Eurasia.

By 1492 the Moors surrendered their final strongholds in Portugal and Spain. They were given the choice to either convert to Christianity, be exiled, or be executed. Most of them chose exile, and returned to Africa.

SalamRushdie:
Show me one new thing anyone in your lineage has created in the last 3000 years and I will apologize

The black West African Moors ruled virtually ALL OF EUROPE for nearly 1,000 years up till the 15th century.

It was the Moors who introduced paper to Europe.

The Moors invented the Astrolabe, an advanced compass used in navigation.

The Moors took LITERACY to Europe. They built UNIVERSITIES there.

I can school you ALL DAY on your black African history which you know absolutely nothing about, hence your wretched inferiority complex.

SHOULD I POST IMAGES OF WHITE EUROPEAN FESTIVALS WHERE THEY PAINT THEIR FACES BLACK TO COMMEMORATE THE PERIOD OF BLACK RULE IN EUROPE?

JUST SAY YES.

SalamRushdie:
No black Nation cam ever become like Singapore!!!

The average IQ amongst black is 67 and that level of IQ can't develop nothing

ANIMAL.

IQ TESTS ARE DISCREDITED GARBAGE DEPENDENT ON CULTURAL EXPERIENCE.

YOU DO NOT HAVE SOME WHITE or ASIAN IMBEC.ILES develop IQ tests for the rest of humanity based on THEIR cultural parameters, and then claim “high intelligence” when they inevitably score highest.

OriOko88:
The Dutch really built SA. Apartheid regime really paid them off. At least those oyinbos made better use of the gold they found there.


The blacks there wouldn't have known wat to u use with those golds. They'd be scavenging in the Serengeti and okavango hunting down lions and antelopes

STUPID EMPTY HEAD. The oldest man-made structures in the world are located in South Africa. The oldest MINES in the world are located there, dating TENS OF THOUSANDS YEARS OLD, before any white people existed on this Earth.

Iron smelting was invented in Africa, with the earliest smelting site discovered in Lejja, S.E Nigeria, and dated to 2600 BCE.

In fact a PAINT FACTORY showing evidence of knowledge of chemistry, was discovered in South Africa and carbon dated to 100,000 years old.

So better get it into your colonised, brainwashed-to-feel-inferior head that AFRICA is the CRADLE OF CIVILISATION. And that without Africans, who invented writing, mathematics, architecture, medicine, philosophy, laws, the sciences and the arts, there would be NO MODERN WORLD to speak of today.

gidgiddy:
Finland is not Nigeria, they don't arrest people for exercising the right to peaceful protest

Same way you said “Finland is not Nigeria. They cannot Arrest Ekpa for expressing his opinion.”

And then he was arrested and now sits in a cold cell.

By now you should have learnt not to trust your beloved white masters so much.

Ewu mmehh!

EDOSBROWN:
When will Nigeria be like this

BE LIKE WHAT, EXACTLY?

WHAT IS IN THOSE PICTURES THAT “NIGERIA” should “BE LIKE”?

HAVE YOU BEEN TO EVERYWHERE IN NIGERIA TO KNOW WHAT NIGERIA “LOOKS LIKE”?

Nigeria is more than your local town or wherever you are staying.

Abuja is a world class city that has been praised by many a foreign visitor, but of course you disregard it because it’s Nigerian.

You people are cursed with inferiority complex.

Ready2speak:
When Kilimbu is destroying everything through his agbado and emilokan tribalistic policies, will this shithole ever develop like south Africa?

Those that hurriedly sent whites out of governance of their spaces are crying today that crime has gone up and so much shit going on in their respective countries.

Over here, what the whites left, greedy useless leaders destroyed that ordinary clean pipe borne water is now rocket science. Power supply grid, and they call it national grid, keep collapsing.

This Shithole of a place..........
Can never match south Africa in infrastructure.

Illiterate village dropout typing rubbish.

Without independence in 1960 you would be a village palmwine tapper today, because the British built no public schools.

You would not know what electricity means, because it was only after they were driven out that we finally built our first power station Kainji Dam, in 1964.

In 1960 a FOOTPATH led to your village. The British did not build roads apart from a couple roads they needed for their operations.

Until you cretinous slaves get it into your thick skulls that colonialism is about the colonialists LOOTING your resources for THEIR benefit, you will keep disgracing yourselves typing empty headed, dumb-as-rocks posts asking colonialists to return and rule over you.

The only reason South Africa was developed by the colonialists was because they regarded it as “their” country due to the temperate climate and lack of mosquitoes causing malaria. So they sent their people there to settle in droves.

SO THEY DID NOT LOOT THE WEALTH OF THE COUNTRY LIKE THEY DID YOURS.

By the 1940s South Africa was a developed country. They used the exports proceeds to build the country.

In Nigeria and the rest of black Africa, all they did was LOOT.

That’s why we’re still building basic infrastructure 60 years after the white rulers left.

THEY BUILT NOTHING AND DID NOTHING BUT LOOT.

Get that into your white worshipping thick heads.

Bizaustine:
Forget about Obi forget about anything else, face the Reality. Tinubu is a total failure, a colossal disaster 😁😁.

But Peter Obi promised to end fuel subsidies “on Day 1”. The economy would still be in this same situation with him in charge.

Yung6six:
The FCT. An over hyped city!

Everything in your own country is always “overhyped” in your head.

If you went to Ghana and saw the exact same brand new capital city there, with Nigeria still managing Lagos, you would use that to insult Nigeria to Kingdom come.

Never good enough in your own eyes.

Originalsly:
People.who love to shout "good development" need to sit down and ask themselves .... on each agreement.... is it really investment?....or exploitation? ...would it really benefit the "investor"?...or benefit "US"? France had soooo many "investors" in Niger for yearssss. ... they "created jobs".... did it raise their standard of living? ...how much did Niger gain?...how much did France gain? France was kicked out. How much is Niger now gaining without the French "investors'? ...how much is France gaining? But yet we are bringing the same "investors " and expecting different results. France cannot survive without African natural resources ... they should be begging us to come and we laying out the conditions ....not us going to beg them to come and they laying out the conditions.

The biggest danger to Africa is the Colonialised African. Tinubu is one of them. Why can't we develop our own agriculture projects? ...why can't we grow our own foods and feed ourselves? ... we have the soil...fertile soil ...the weather ..the water... everything that's needed ... they don't.... we used to .... Is we can't... we have to go to them. Why? All these old Colonialised puppets need to be kicked out of office.

Oh boy the problem is Money.

Owo.

Ego.

It’s not that Nigerians don’t know they can do it.

It’s the fact that the French are putting in €300 million cash to set the ball rolling, and the Tinubu administration are good with that, and are happy to be assisted by French capital and technology as they go about ensuring food security .

If Nigeria had an annual budget of 2 trillion dollars like France, as opposed to our current 40 billion, of which nearly half goes to debt repayment, it would be a different ball game.

We would not need anyone’s money and ‘collaboration’. In future years we will get there.

xprojectlive:
I'm beginning to change my mind on Tinubu

You sure say I no go vote for him in 2027?

All of us know that Nigeria needs to prioritize agriculture but none of the leaders have done that

Senator Ali Ndume that's angry over the tax reform cannot attract investors to transform sambisa Forest with agriculture

Let's see how this one will unfold

I keep telling people that Tinubu will transform this country.

Watch and see it unfold. 😊

SmartyPants:
People from the diaspora should not come back home because the economy is bad. But you are shipping your fancy toys bank home. To do what with in the terrible economy?

Don’t mind the idiot.

I thought that guy had sense…..

Just another typical thoughtless loud Nigerian youth that just blabs with no sense.

I BELIEVE IN NIGERIA, AND I BELIEVE WE ARE FINALLY GETTING IT RIGHT.

STAY THE COURSE, COUNTRYMEN.

LaIabobo:
Now i truly believe these IPMAN sources dont know much about energy economics. They keep saying rubbish and increasing the hopes of the masses

How can one say a 60,000bpd refinery that is blending petrol will compete with a 650,000bpd single train facility.

Warri, Kaduna, and PH2 are coming on stream too, so there will be competition for Dangote.

malali:
Attacking themselves at home.

Attacking everybody else online.

Attacking home when they move abroad.

Hopeless set of people.

femtex007:
This is a good African. It is commendable...
Unlike those bastards that describe their fathers house with left hand

Don’t mind them.

Another beautiful Pro-Nigeria video by Cameroonian YouTuber, Ajim Macy.

He even did a rap song in praise of Nigeria. 😊


https://www.youtube.com/watch?v=COVb0b0rBOk?si=lWr6mcL8Lg2c4KMn