magubane:
The G-20 summit has started in australia of the 20 biggest economies in the world..........but wait South Afica is the only country from africa, isn't nigeria the "biggest economy" as they say?

So where is it.

paniki:
Nigeria has always been the biggest economy, it's just that the Nigerian government doesn't have proper control of it which is a prerequisite in order to be part of these international bodies.

ActivateKruger:
South Africa is one of the founding members of the G20, Nigeria might be "Africa's largest economy" but South Africa's economy is still the most influential, still the most advanced and still the most dynamic.

Nigeria might have more biscuits but South Africa has the "Choice Assorted" box.

craziebone:


that's not the reason. You think there is more corruption in Nigeria than we have in the so-called G-20 countries?

Show us proof that anti-graft mechanism is a prerequisite and show us that Nigeria's anti-graft measures is sub par to those of the G-20 countries.

Horus:


My point was not on a prerequisite, my point was on how Nigeria can save huge amount of money and strengthen its economy by fighting tax evasion that cost Nigeria trillion Naira a year in tax revenue.

ActivateKruger:
South Africa is one of the founding members of the G20, Nigeria might be "Africa's largest economy" but South Africa's economy is still the most influential, still the most advanced and still the most dynamic.

Nigeria might have more biscuits but South Africa has the "Choice Assorted" box.

Horus:

To be part of the G-20 of the 20 biggest economies in the world, Nigeria need to do more to crack down on the corrupt business practices, money laundering and tax evasion that cost Nigeria trillion Naira a year in tax revenue

ActivateKruger:
South Africa is one of the founding members of the G20, Nigeria might be "Africa's largest economy" but South Africa's economy is still the most influential, still the most advanced and still the most dynamic.

Nigeria might have more biscuits but South Africa has the "Choice Assorted" box.

EVarn:
Nope,while SA's economy is more diverse and industrialized at present,it isnt the most "dynamic" as you call it,in fact,currently your economy is stagnant,growth is stagnant,foreign investment is also stagnant.with the current investment rate and industrialization policies,in 10 years time,nigeria will be one of the 10 biggest and most advanced economy in the world.SA beats nigeria in GDP per capita and HDI,but thats to be expected{for now} as nigeria has a 170 million population,while SA has a paltry 50 million.japan beats china and USA in those indices too.

Missy89:


ANC pretty much ruined the country

Henry120:


Iran is a more G-20 country than Australia, Argentina, south-africa. However, they aren't a member.

Corruption in Nigeria is over-rated, neither is the U.S, China, Russia, south-africa less corrupt than Nigeria.

The problem with Nigeria I our tax to GDP ratio.

craziebone:


SA is there not because they are big enough to be there but because they were the biggest economy in Africa at the time the G-20 was founded. Currently, SA is NOT even in the top 20 economies by GDP.

And no, SA's economy isn't more influential, dynamic and more whatever you think it is. Nigeria occupies that spot!

EVarn:
i tell you.SA is the only african country that gives it citizens almost everything for free.over the years,the people have become lazy and government dependent,and as we all know,an idle population breeds a doomed economy.then again,in recent years corruption has increased drastically,with wasteful government spendind,what else is to be expected but a failed economy.

Henry120:


This isn't based on any credible facts.

South-Africa is not more influential or dynamic than Nigeria on the African continent.

ActivateKruger:


Qatari-ans get more than South Africans from the state, I dont see that producing laziness.

South Africa can afford giving grants to the elderly, disabled and the orphaned... those are the duties of the state. We dont want to see orphans begging for survival like in most African countries (Thank God in South Africa).

ActivateKruger:


Qatari-ans get more than South Africans from the state, I dont see that producing laziness.

South Africa can afford giving grants to the elderly, disabled and the orphaned... those are the duties of the state. We dont want to see orphans begging for survival like in most African countries (Thank God in South Africa).

EVarn:
another falacy to be dismissed.SA can only dash out peanuts to its citizens because of your relatively small population.in the end,idleness breed a stagnant economy,high unemployment rate,reduced productivity and high crime rate.

ActivateKruger:


No it reduces poverty.... the World Bank says so, who are you to think otherwise

http://www.mediaclubsouthafrica.com/democracy/4066-south-african-policies-help-to-reduce-poverty-says-world-bank

EVarn:
*snorts*,just like when a kid was asked why he thinks satan has horns,he replied: "because my father said so".so because the world bank tells you that your government's free handouts reduce poverty,it is good?.ok lets assume poverty is reduced,what of; employment,productivity,crime rate and economic growth?....dashing people money isnt the way out love,you need to give them an avenue to make money for themselves and others.a fact your dumb ANC government dont understand.

ActivateKruger:

The dumb ANC has;
-Build hundreds of thousands of houses for the poor who would otherwise live in shacks and mud houses
-They have build more schools and clinics than any other government in Africa
-Building modern infrastructure
-Build sporting facilitates
-Hosted the Rugby World Cup
-Hosted the Cricket World Cup
-Hosted the Soccer World Cup
-Provided free tertiary education to those who couldn't afford
-Provided grants for disabled and orphans who wouldn't have means to feed themselves.What has your government done for Nigerians?

EVarn:
^more stories for the gods.yes your dumb ANC government provides all those things you stipulated{though i dont know how hosting world cups is necessary to this topic}.but how has it impacted on your economy over the years?,free housing and food is all well and good,but what happens during an economic depression?,SA has the worst crime rates,a fast rising unemployment rate,and a stagnant economy for all your troubles.

ActivateKruger:


NO, South Africa still has the most dynamic economy in Africa

craziebone:


thats because you said so!

craziebone:


thats because you said so!

ActivateKruger:


Qatari-ans get more than South Africans from the state, I dont see that producing laziness.

South Africa can afford giving grants to the elderly, disabled and the orphaned... those are the duties of the state. We dont want to see orphans begging for survival like in most African countries (Thank God Im in South Africa).

ActivateKruger:


because of the evidence I posted Henry120