This Is Why Africa Is Poor. - Politics - Nairaland
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| This Is Why Africa Is Poor. by Nice2023(m): 11:51am On Sep 29 |
This Is Why Nigeria and Africa Are Poor In 2023, South Africa generated $94 billion in revenue, against Nigeria's $11.8 billion, despite having more than 3 times fewer people. Elon Musk, Jeff Bezos, and Mark Zuckerberg, respectively, made more money last year than 232 million Nigerians combined. Revenue Generation Breakdown: USA - $4.4 trillion China - $3.3 trillion UK - $1.47 trillion Italy - $1.1 trillion Germany - $1.02 trillion Japan - $882 billion Spain - $640 billion Australia - $618 billion South Korea - $462 billion Canada - $447 billion Nigeria - $11.8 billion 8 million Switzerland generated $299 billion, 25 times Nigeria's. 5 million Norway generated $226 billion, 19 times Nigeria's. 17 million Netherlands generated $431 billion, 36 times Nigeria's. 29 million Côte d'Ivoire (Ivory Coast) generated $10.3 billion, about the same as 232 million Nigeria's. 34 million Ghana generated $9.1 billion, which is about the same as 232 million Nigeria's. 63 million South Africa generated $94 billion, 8 times Nigeria's
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| Re: This Is Why Africa Is Poor. by Celestialsword: 12:20pm On Sep 29 |
Africa is poor because they are involved in primary industry only (raw materials). 1 Like |
| Re: This Is Why Africa Is Poor. by Softmirror: 12:24pm On Sep 29 |
Nice2023: Please how much does the U.S generate from tax? 3 Likes |
| Re: This Is Why Africa Is Poor. by LOVEALAIGBO: 12:35pm On Sep 29 |
Yet na we born pass! 1 Like |
| Re: This Is Why Africa Is Poor. by Nice2023(m): 12:41pm On Sep 29 |
Plenty pikin does not mean productivity. It is only Africans that makes it seem so. 1 Like |
| Re: This Is Why Africa Is Poor. by Nice2023(m): 12:45pm On Sep 29 |
| Re: This Is Why Africa Is Poor. by MadPolitician: 12:51pm On Sep 29 |
Nice2023: Unless you are talking about the quantity of accruals judiciously registered as revenue or as government earnings. Otherwise, Nigeria as a country made more. Just the billions stolen from solid minerals and oil "bunkering" can double the countrys revenue earnings.Nigeria generates far more money than is reported. Having a government willing to confront corruption would help. 1 Like |
| Re: This Is Why Africa Is Poor. by flokii: 12:54pm On Sep 29 |
Africa is poor because we have allowed ourselves to be brainwashed by Europeans to always depend on them for our basic needs while they take away all our natural and mineral resources to their countries in Europe and Asia. They produce different things with cheap raw materials gotten from Africa for Africans to buy at exorbitant prices. In Nigeria, the Presidents prefer to be Minister of Petroleum instead of Minister of Industry because of the quick wealth in crude oil sales and oil wells allocation. Nobody is paying attention to the major driver of every economy on earth which is INDUSTRY. Our universities are churning out graduates with no place for them to work because the industries are not there or have all collapsed. Unemployment is on the all time high now in Nigeria because of this 'I don't care' attitude of our leaders. Most of these Europeans have industrialized their economies since the 19th and 20th centuries while Africans are still busy fooling themselves, swarning churches and mosques, expecting miracles to happen. Then there is the issue of wastefulness, black people tend to be wasteful and spend so much on needless things. You'd be surprised that politicians of rich countries in Europe don't earn or spend as much as politicians in third world countries in Africa.. How will Africa ever develop with such terrible mindset mixed with corruption?. 1 Like |
| Re: This Is Why Africa Is Poor. by Nice2023(m): 1:05pm On Sep 29 |
MadPolitician: I would or we would have made more is still a mirage. U don't say such when it comes to financial obligations to ur country. Money not make is not accountable. 1 Like 1 Share |
| Re: This Is Why Africa Is Poor. by Idiko1: 2:26pm On Sep 29 |
Africans are poor because of their stream of thoughts. 1 Like |
| Re: This Is Why Africa Is Poor. by lamentor78(m): 3:04pm On Sep 29 |
Nice2023: Africa is poor because an average African is a thief , a thief does not build he destroys. 1 Like |
| Re: This Is Why Africa Is Poor. by Nice2023(m): 7:58pm On Sep 29 |
lamentor78: God bless u my brother. U have said it all. In my office,u will see them fighting over peoples file...all because of what they stand to exfort from clients yet they aren't rich...all I see is greed. |
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