Workch's Posts
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Corporate2020:Ha, you think we are going to be fighting on street. This one na Sabi anything |
Femmyfamous4u:Lagos as been the economic hub of Nigeria since 1960 dude. It would have even done better without Tinubu and his Mafia |
helinues:lagos has been that way since 1960, tin2 became govenor in 1999. It's common sense |
Corporate2020:Dude, you don't know Lagos. All these are not 1% of what Lagos is |
LeoDeKing:He didn't transform Lagos please. Maybe you were born in 1999. We are sick and tired of all these propaganda. |
The important issue now is if Tinubu will change this country for good?Although his win is highly debatable. Al these distractions are not my concern, what will Tinubu offer? Is he going to make an impact? If he continues the status quo, this country will scatter, sincerely. It will be ungovernable for him. If Tinubu does not make a change, what would you have gained at the end of this? The status quo is bad, very bad and it needs to change. This is the main issue that Tinubu needs to tackle and all the is propaganda will not save him when we start a mob. If I were Tinubu, I will focus on working and not spreading propaganda. The first is his main responsibility. If Tinubu can wow me in another 4 years, I for one will start campaigning for him but if he doesn't then it's all waste |
But world Bank, NBA and IMF also say the same thing |
Lol dey play |
Stroy 😂 It's gone |
jayAjoku:I know the pain behind the emoji 🤣 |
HellVictorinho7:I no dey follow you talk |
jayAjoku:you care, you in pains 🤣🤣 Ororo support dey disguise because he lost the argument 😂 If we get time for you guys, una go run |
jayAjoku:Ysel2 work ethic that cannot win world cup. Work ethic that can only thrive against plumbers in Saudi pro league 🤣 Who this nonsense work ethic help? Somebody that is a narcissistic psychopath who thinks the world revolves around him. |
jayAjoku:the world cares. You don't care because you are salty ronaldo fan who will never know what it takes to Stan a world cup winner. What a loser 😂 |
SmartPolician:You have a lot to know about AI then if you think any human can do a digital marketing job better than AI in another 5 years |
cjudy:Person wey him career don die na him no fit win the last world 🤣🤣 Him Chop bench tire. World cup no be him mate |
Beverlyjean:How can a world cup winner be jealous of a Saudi pro league player? Are you joking? 🤣🤣 |
jayAjoku:After reading this comment, Ronaldo still doesn't have a world cup trophy. He won't until he dies 🤣 |
TristanX:nothing matters anymore after the word cup victory. I swear All these ones na just cry you dey cry. Your mates are looking forward to a rivalry at world cup, you are still praying for a Saudi rivalry, you no dey shame 😂 |
Lol, this small happiness wey ronaldo and his fans take dey carry body, Messi still Wan take am 😂 |
My company is now training artificial intelligence on how to do the job of a customercare representative and Telesales marketer. It means that we will no longer be required to employ individuals to do that job very soon. We already sacked our graphic designer and digital MARKETERS, artificial intelligence does graphics for and digital marketing. Artificial intelligence is going to take the jobs, it's the reason why you need to get skilled in such a way that AI will not be able to take your job. A revolution is coming and if you are not prepared it will sweep you. A revolution is coming, be prepared or become useless entirely. We are leaving an era of applying for such jobs and it's happening slowly. |
The minority ethnic groups in northcentral are starting a movement to emancipate themselves from thr modern slavery imposed by the hausa/Fulani hegemony. Who is to be blamed? 1. Fulani herdsmen. 2. APC 3. Peter Obi 4. Fulani elites. Anyways, be rest assured that we will fuel this movement until the next election. |
When Fulani herdsmen want to kill, they don't care if you are Igbo or Yoruba, they just want your land. |
raskymonojendor:say Hi to Fayemi
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raskymonojendor:Unicef can't be lying you know
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N3TRAL:GDP does not only entails the amount of goods produced in the country. If for example I import tomatoes from Japan, it should reflect in the GDP of the country. GDP is the amount of products and service, whether produced or imported that in a country or state. The whole value of goods in an open market should ordinarily reflect on the GDP of that state but their no way for state or NBS government to ascertain the figure since they don't pay VAT on them hence we lack adequate Data to know for sure how much Ladipo, onitsha main ma2, Ariaria etc contributes to GDP Now let's get it straight. Those selling at the market are at best wholesalers. The bulk of them are retailers.nope, look at to this way, since VAT is paid at the point of importation of an importer, when Papa chinedu imports a product from Taiwan using apapa port, he pays the VAT in Lagos which is used to determine the GDP of lagos state. When Papa chinedu moves these goods to his warehouse in Onitsha and starts selling it in main Market, he adds the he paid to the cost of the goods and then government can no longer know how many of the goods that papa chinedu has in Anambra state. Those goods that papa chinedu has in his warehouse and his stores in market are suppose to count for the GDP of anambra state. Government can use that VAT paid at Apapa to estimate how much of the GDP that Apapa port contributes but they don't have data of how it contributes to Anambra economy since the goods as bee moved to Anambra and is still in Anambra. A typical grocery market has Peak Milk, Beloxxi (crackers) biscuits, Milo, Indomie produced in Nigeria. The companies supplying the markets are formal and have data of how many trucks they distributed. Whatever you buy in the market comes from those sources.Like I said, getting the figure for companies that pay VAT is easy but you cannot know what happens at the open marler2 because you no longer know where those goods are the moment if leaves your company. If those goods are in Onitsha Main market, it's hard for government to know how they contribute to the GDP of anambra if government doesn't have data of the product in-Inflow and outflow in that market. To do that, you will need to develop a method to collect data from that market, with this you can now evaluate how that market contributes to Anambra state GDP in form of commerce. We don't have any database that does that in Nigeria. Even to subtract imports, the bulk of things brought into the country passed through check at the port and are recorded. That's how Nigeria is able to calculate its balance of payment deficit. No one is going to go to mechanic village to count how many Toyota Camry engines are there because whatever Toyota engine they have passed through check and was recorded at the port.government only have records of what happens at Ports, they cannot follow what happen in the market hence what happens at points adds to the GDP of the state hosting the port. If I move a car from Tincan to Kogi, there's no data in Nigeria to know that that is in Kogi and I can even decide to move it Jos government cannot know how to factor that product into plateau state GDP. To get the prices the products go for in the market is easy. The prices of two or three traders can be used. You can't sell a carton of Nasco cornflakes for 12,000 naira when others in your environment are selling for 10,000 naira. It is why I brought in the ANAP polls scenario of asking only a few percentage of the population.it's what I am saying. Imagine you now have a large market like onitsha main market and Alaba where multiple small scsll business activity happens every second, how to you want to factor that into GDP? They are not remitting Any VAT to you at that point for you to know |
Iamgrey5:economic indicators are different from presidential polls. You cannot just into thr market and be asking people the worth of their products and how much they per day. Think na As a matter of facts, government in Nigeria doesn't do that. They are only interested in collect fixed taxes that does reflect the value of the person paying it and hence cannot get a get a clear figure with expect to how much they contribute to the GDP. If you want to know the GDP contribution of onitsha main market to Anambra state, you must know the average volume of goods in that market annually and to know that, you will need to create a database. Which of course does not exist in Nigeria |
Iamgrey5:you cannot estimate anything. You can simply get the consumption of any sector my looking at the VAT coming from there. You cannot get that of open market. It's unestimatable. How do you get the investment of an average trader in Onitsha? tell me. |
Iamgrey5:How will get the consumption and investment figures contributed by LADIPO market? |
Iamgrey5:tell us the formula |
Iamgrey5:There's no way to know it. Economists don't bother themselves about it because there's no data to work with You can only work with what you have and not making up fictitious figures. If I import a product and sell without VAT, how do you want to know the market where it ends up and how I sell it? |
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