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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn (39573 Views)
Nigeria’s GDP To Hit $2trn By 2030, If… —lai Mohammed. / Nigeria's Economy is Among The Largest in the World, says Jonathan / Igbo Tribe Is The Largest In Nigeria! (2) (3) (4)
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Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 4:54am On Dec 21, 2013 |
boss1310: You do not have to lie dear. Where is the money coming from? We know that a Nigerian graduate earns about 35k a month anda government worker earns around the same. Where as in SA a domistc workers earns 18.5k a month if you add that to a house with four children getting government grant its amost 50k and most government schools and hospital are free. So where is the money coming from. 3 Likes |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by faith96: 4:55am On Dec 21, 2013 |
So whose supposed to believe some local botched results done in Nigeria. by Nigerians and for Nigeria only. I would only trust results from world bank, Penn world,Forbes Africa, and such reputable world organizations. Besides why was the research not done in comparison to other countries. Who summaries one country results analyses them as winning before enlisting other African countries. can we get a reputable decent source with researchers from all over Africa. some of us were not born yesterday 4 Likes |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by deletrue: 4:57am On Dec 21, 2013 |
aaronson: Its not about Economical Development But Economical Growth,yes we have overtaken SouthAfrica but an average nigerian still live below 1dollar per day....how can you equate that to the preached development when 90% of nigerians wallow in abject poverty abegi make una go sitdonBros., I do know your location and your age. In the sixties, down to seventies, food like rice, yam, onion, plantain, in sort stables were in abundance, thereafter, all of this vanished and hungry took over every where untill mid of 2012 when suddenly those mentioned stable food stuffs became abundance. Last week, I was in Ojodu Berger and other local markets just for a survey, am so much excited when this boom is all over the place. Atleast even if I will not thank Jona, I will give this agric. minister the best performer award in our time. Was also in delta state, come and see abundance of agric. produce, it just wonderful. Thank you God. It shall be ok with Nigeria. Just a local way of assessing the Nigerian economy. |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by manny4life(m): 5:03am On Dec 21, 2013 |
faith96: So whose supposed to believe some local botched results done in Nigeria. Whether or not you believe it is IRRELEVANT, as long as investors, third party entities, administrators, foreign corps and even banks and bankers around the financial world BELIEVER IT, your opinion isn't needed. When the result is completed and having tested that the results complies with international standards, what you think wouldn't matter... Take a chill pill and relax. 3 Likes |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by manny4life(m): 5:09am On Dec 21, 2013 |
BluIvy: The money is coming from unreported income, while SA citizens depend on govt for free money and grants, Nigerians on the other hand pursue small petty business agenda or whatever brings in secondary income. Most of these incomes aren't reported. If every roadside seller were to report their income, okada rider did the same, shop owner, street hawkers and what not, if all these people reported their income, believe me, our per cap would be x2 and that's FACT. |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 5:26am On Dec 21, 2013 |
manny4life:the reason why Nigeria's informal sector is larger than SA's |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by InvertedHammer: 5:26am On Dec 21, 2013 |
/ In a country where a whole CBN governor nor the Minister of Finance knows the actual amount accruable to the FGN from crude oil sales remittance alone... SLS said $40.8bn....NNPC said $67.12bn...DPR said $67bn.... SLS later said that $12bn accounted for... whereas NOI said it is only $10.8 unaccounted.... Who in their right sense would believe any data being thrown around by these folks? \ 3 Likes |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 5:30am On Dec 21, 2013 |
InvertedHammer: /ignoramus, pls research those that are involved in the calculations.. it's not just Nigeria.. Now, drop dead |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by chiboy429(m): 5:32am On Dec 21, 2013 |
Its encouraging though,but why is it that the analysis is being done by foreigners and not our indigienous personnels ,even if not from Nigeria but within Africa. Does it mean they understand our environment and economy more than we do nor do they gather more outstanding sincerity much more compared to us. We have reached a junction point where figures and theories doesnt make any meaning rather a practical output and achievement. However ,theres no time being skeptical about the performance of the Gej administration because it has ushered a tremendous growth and development in our geo-ecosphere. Alot still have to be done and much is expected from us as the citizenry also ,interms of cooperation and optimism within ourselves and we must not wait for what the govt will do for us but rather what we would do for the country and the government as well because even we likewise are government on our own. |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by InvertedHammer: 5:34am On Dec 21, 2013 |
scipher: ignoramus, pls research those that are involved in the calculations.. it's not just Nigeria.. / The same kind of researchers that told you that AIDS originated from Africa? The same economic researchers that sold SAP to IBB? The same economic researchers that sold "subsidy removal" to GEJ? Believe them to your own detriment! Who is the ignoramus now? \ 1 Like |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by manny4life(m): 6:02am On Dec 21, 2013 |
InvertedHammer: / Bros, no matter how we try to sugarcoat it, there are standards that must be followed. While no one had accurate figures, it doesn't negate the positive of this news. We all agree they fuckedd up then, but bottom line is whether or not you believe it, Nigeria my beloved country is improving. For instance, for the first time, they will account for Nollywood entertainment and IT industry, that's improvement right there |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by PassingShot(m): 6:13am On Dec 21, 2013 |
Good indices from economic perspective. But what the report does not tell us is the number of jobless graduates in the country and its implication on the sustainability of the development ala growth. The fact that many unemployed youths roam the street and engage in nefarious activities such as Yahoo! Yahoo! and scamming, bringing foreign currency into the country should not make us disillussioned about the problems at hand. If the government is able to create the enabling environment for people to engage in legitimate enterprises, soon we will be talking of a trillion dollar economy. 1 Like |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 6:16am On Dec 21, 2013 |
InvertedHammer:it's being done by Nigerians and foreigners... is your father crazy? PS. you see, this is why I support abortion. |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by giles14(m): 6:32am On Dec 21, 2013 |
Chima_Agbalajob: You guys want South Africans to commit suicide o!mumu and with out d igbo's and so other tribes lagos will b as poor as sokoto.and be informwd dat more than 65 precent of cargo for lagos port are moved to d eastern part of nigeria |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 7:00am On Dec 21, 2013 |
Henry120:The last time I checked I knew I had an opinion regardless of one slick mouth,under develop grey matter brain like yours |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 7:05am On Dec 21, 2013 |
Theben:I'm entitled to my opinion so why not spill yours and not antagonize me by you m word slicky dummy |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Adamskuty(m): 7:06am On Dec 21, 2013 |
BluIvy:blueivy baaaybee |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 7:08am On Dec 21, 2013 |
mike404: THE GUY NA CORRECT NA ZOMBIEpunk as5 you one of nigeria menace |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by ISpiksDaTroof: 7:10am On Dec 21, 2013 |
boss1310:Does South Africa have First World type cities? Constant Electricity? Good Roads? Medical Care? Yes? No? My man, face the fact, Nigeria is a dirt poor, disorganized and unorganized country and at the helm of the affairs is the greediest, corrupt, and most unenlightened man one can imagine. 2 Likes |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by ISpiksDaTroof: 7:12am On Dec 21, 2013 |
giles14: mumu and with out d igbo's and so other tribes lagos will b as poor as sokoto.and be informwd dat more than 65 precent of cargo for lagos port are moved to d eastern part of nigeria And if Lagos was to shut its waterways what will happen to that 65% cargo the East needs so badly for economic reasons? |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Adamskuty(m): 7:13am On Dec 21, 2013 |
faith96: So whose supposed to believe some local botched results done in Nigeria.keep on suffering in ur poverty slum called kenya while we move forward ur jungle will never progress,you and ur entire generation will keep on suffering,y'all starving apes yes..we are africa's largest economy and we are a middle income country.. Ur sh1thole can keep on enjoying life being a low income country forever may y'all continue to suffer,may ur sh1tty economy never grow.. Ameen btw,the calculations were done by foriegners are u high on cow dung or something,u hiv kenyan? 1 Like |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 7:16am On Dec 21, 2013 |
Zer0:or really,remember you the giant of africa now compare nigeria to your neighbour ghana. |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Ikengawo: 7:28am On Dec 21, 2013 |
You seem to lack exposure. Most Nigerians lack exposure but feel they're entitled to speak on political manners. The Ghana Nigerians know is Accra. The Capital and Financial center of Ghana. The next question is has Accra surpassed or matched Abuja? no. Has it surpassed or matched Lagos? no. unless you feel that this trumps abuja and lagos. Now leave Accra ghana and tell me what you see when you get the chance. Stop feeling entitled to speak on every issue. |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Sekpeagah: 7:32am On Dec 21, 2013 |
largest but not the richest.all we want is a vibrant n booming economy.nt abt been d largest where the youth ar jobless.dull president with corrupt aids |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 7:37am On Dec 21, 2013 |
Lildreezy:Team Fresh Air |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 7:47am On Dec 21, 2013 |
Sekpe agah: largest but not the richest.all we want is a vibrant n booming economy.nt abt been d largest where the youth ar jobless.dull president with corrupt aidswhat are you, 12? |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 7:49am On Dec 21, 2013 |
Ikengawo: You seem to lack exposure. Most Nigerians lack exposure but feel they're entitled to speak on political manners. The Ghana Nigerians know is Accra. The Capital and Financial center of Ghana. The next question is has Accra surpassed or matched Abuja? no. Has it surpassed or matched Lagos? no.accra resembles Ibadan |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by nickxtra(m): 7:52am On Dec 21, 2013 |
Nigerians need food on their and not papers growth |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Adamskuty(m): 7:55am On Dec 21, 2013 |
Ikengawo: You seem to lack exposure. Most Nigerians lack exposure but feel they're entitled to speak on political manners. The Ghana Nigerians know is Accra. The Capital and Financial center of Ghana. The next question is has Accra surpassed or matched Abuja? no. Has it surpassed or matched Lagos? no.is that accra,ghana's best city more like onitsha |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by Nobody: 7:57am On Dec 21, 2013 |
^ difference is clear |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by ISpiksDaTroof: 7:58am On Dec 21, 2013 |
InvertedHammer: /Country that doesnt even know how many citizens it has because some fear that the truth will cause chaos in the country because of political reasons. |
Re: Nigeria’s Economy Largest In Africa As Rebasing Boosts GDP To $405bn by manny4life(m): 7:59am On Dec 21, 2013 |
No matter how much you criticize, whether you like the figures or not, it's not for your headache. Continue castigating while investors are trooping and cashing in on the goldmine. BMM (Black Man Mentality)... Rubbish. 1 Like |
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