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Nairaland Forum / Nairaland / General / Politics / Nigeria Economy Rated Best In Africa By Forbes-see Link (29609 Views)
Realities Of Nigeria’s Diminishing Relevance To U.S., Africa By Princeton Lyman / Why Nigeria Cannot Afford A Stand-Off With South Africa By Kakanda (Al-jazeera) / Nigeria Economy Rated The Best In Africa By Forbes - See Link (2) (3) (4)
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Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by lastmessenger: 6:49pm On Sep 11, 2018 |
The report will only make sense if you will return our exchange rate to 200 naira per dollar and then our rice to 9000 per bag. If not, the report is a useless as a pig to Muslim. 12 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by Lipscomb(m): 6:53pm On Sep 11, 2018 |
Buhari the most performing president, Nigeria ever had please rule us forever. 3 Likes 1 Share |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by Freetech: 4:02am On Sep 12, 2018 |
lastmessenger: Another face saving. Please tell us what the exchange was in 1985 before ibb and False the SAP managers started devaluation of Naira. Again even if you cannot start from 1985, you can at least start from Obj in 1999. Devaluation of national currency is economic management tool used all over the world including big countries like, America,UK and even Russia. 7 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by jayson87: 4:37am On Sep 12, 2018 |
FAKE NEWS ALERT 5 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by miqos03: 4:38am On Sep 12, 2018 |
Good 1 Like |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by Nobody: 4:43am On Sep 12, 2018 |
We all know that Nigeria is not the best performing economy, no need to stress it but then how did we accumulate so much external debts? how did we get here? a time will come when the future generations will be owing world powers a substantial amount of money and that time is close, they should keep accumulating debts like it's no man's business and yet embezzling recovered loots, I'm just so tired of government, none of them seems better. 7 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by Miles300: 4:43am On Sep 12, 2018 |
Forbes don give Apc campaign achievements to talk about ! 1 Like |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by Nobody: 4:44am On Sep 12, 2018 |
Babzrockman:What should we be thanking God for? the economy is obviously moving to a slump and you are here thanking God. 2 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by seguno2: 4:46am On Sep 12, 2018 |
jayson87: Very fake and purchased propaganda by the looters in APC under Buhari. Below is what captures the reality of many of our fellow citizens. dre11: 4 Likes 1 Share |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by kotv: 4:46am On Sep 12, 2018 |
APC is always lying and spreading fake news. This is not from Forbes. That article was written by Penresa. Anybody can pay penresa to write anything. The description of themselves shows they are open to pass any propaganda for the right price http://www.penresa.com 15 Likes 3 Shares
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Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by Nobody: 4:47am On Sep 12, 2018 |
Babzrockman:have you been to other African countries? If you have, then... |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by blank(f): 4:47am On Sep 12, 2018 |
The revival of Nigeria’s economy has gained momentum under the guidance of President Buhari’s ERGP programme; its ambitious targets yield results that seem to indicate that they will soon be superseded. Let us read through the article in support of his title. 1. It was never stated that Nigeria is the biggest economy in Africa. That would be an outright lie. 2. It was stated that Nigeria was one of the most improved economies in Africa in 2016/2017. This is debatable because Nigeria just came out of a spate of negative growth. 3. Quotes are from govt officials, Keystone bank and NIPCO (really?) to support the conclusion. 4. All was hearsay, nothing of substance. It's all based on the same govt will do, nothing done except in agriculture which we all have to agree started before the current govt. 5. Who is Penresa the author? 6. How can the op be talking of debt to GDP ratio that developed economies are referring to rather that the ability to pay? 7. Since Naira has been devalued, does it still make sense to be referring to the dollar amounts as if they are on the same base. We will need more Naira to pay off our debts now than before. Lastly, it's not about Peter Obi or whoever else (although they were quoting World Bank figures not their own). It's about the fact that this govt is mortgaging our future with nothing to show for it. How can after 3 years, we are still benchmarking are position with an era that we agree need to change. We need to see that change. 15 Likes 2 Shares |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by me69: 4:49am On Sep 12, 2018 |
MrPolitics:now second |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by Nobody: 4:50am On Sep 12, 2018 |
Buterflyle0:What is this government committed to doing? the recession you claim the maneuvered us out of is the same recession the pushed the economy into, they have been hitting and ringing bells on economic diversification, but up to now nothing to show for, even the 2017 Economic Recovery Growth Plan is a total failure, so spare us the undeserving praise you are giving them. You keep hitting on ROI, what investment has the government done with the debts to get ROI? the government can't even boost of what the used the Abacha recovered loot to do, what the government will say is that it was shared to the poor when we all know it has been looted for 2019 upcoming election which is the reason for the much money in circulation causing CBN to use contractionary monetary policy before we hit an all time inflation next year, what reasonable project have the government embarked on? 6 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by marylandcakes: 4:57am On Sep 12, 2018 |
In the land of the blind the man with one eye is king 1 Like |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by me69: 4:58am On Sep 12, 2018 |
Forbes Qfrica is not Forbes Magazine totally different sites. Nigeria is among the worst performing economies in Africa and the world. Gdp growth is bearish. Nigeria is now second economy in Africa 7 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by sirfemoz(m): 5:02am On Sep 12, 2018 |
I don't need to argue with anyone, since most here wants to survive with facts and figures. If this government is performing extremely well, I wonder why the citizens are still rated the poorest. Everyone borrows, even business man, but can someone show me what this government have done with borrowed money? Lastly, to those that live and survive with facts and figures, compare the purchasing power of naira today and of 5years ago. 7 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by wtracy15: 5:04am On Sep 12, 2018 |
Yahoo boys don boost the economy �� 2 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by sirfemoz(m): 5:07am On Sep 12, 2018 |
me69: Exactly, these people are shameless and gullible. They can believe anything Buhari. 5 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by sirfemoz(m): 5:09am On Sep 12, 2018 |
phabulux: Is there any comparison in that write-up? Or you are just frustrated. 3 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by royalads: 5:11am On Sep 12, 2018 |
Its not about being the best economy or whatever... how has it affected the standard of living of citizens? if its not having a positive effect on the people's standard of living then its trash. That's all 5 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by RELEASEUS: 5:11am On Sep 12, 2018 |
Part of the propaganda to deceive more Nigerians. And sadly, a huge portion of us will be swayed. Simply ask yourself am I better of now than I was pre this administration of cluelessness? What does it cost to run my generator andand car a day in terms of fueling? What does it cost to feed myself and family a day? Can I pay for good education for my children today? What is my savings for the rainy day? When you consider all these questions and your answers are on the negative side then you will know how bad the economy is. A Buhari and a Kemi as financial controllers of the economy is the worst thing that ever happened to Nigeria. Corruption that was prevalent in the past admin is twice more potent in this government, but thier own is that, they lack the skills to make polices that at least kept Nigerians in a not so bad situation. 8 Likes 1 Share |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by toluxa1(m): 5:12am On Sep 12, 2018 |
APC LIES 4 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by seguno2: 5:13am On Sep 12, 2018 |
kotv: Interesting discovery. Thanks for sharing this information. Are you sure that the Forbes Africa is a part of the real Forbes ![]() Unlike the Asian and European derivatives that are linked to the main Forbes website, the African one used by Buhari and APC propagandists is not linked to the main one but stands alone like a disowned orphan or a fake website. https://www.forbesafrica.com/ https://www.forbes.com/forbesasia/#6fa01eee2f95 https://www.forbes.com/home_europe/#e8cf098257a9 9 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by Ikpongiton: 5:15am On Sep 12, 2018 |
Hurray with empty stomach 4 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by Nobody: 5:25am On Sep 12, 2018 |
Buterflyle0: They will not because they know the difference between an op-ed and a facts based story 3 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by InvertedHammer: 5:27am On Sep 12, 2018 |
Freetech:/ Keep deluding yourself. Go to the market and see best economy. A bad company can change it's accounting method to look profitable. Mark-to-market accounting has destroyed many companies. What method did Forbes' use that hides the obvious? In 2008, many companies these rating agencies rated AAA collapsed in less than a month.eg Bear Stearns, Lehman brothers. What changed within a month? Believe the ratings of Forbes', S&P, Moody's and Fitch at your own peril. / 6 Likes 1 Share |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by mrphysics(m): 5:30am On Sep 12, 2018 |
Colourich:I would strongly advise that you move back to romance section. This is politics section, you either talk with facts or remain mute. Reading two posts from you with all of them being high level statements is ridiculous. You must not comment ma'am. If US with a debt of $24Trn is your dream land, then you should know better what debt is. Do you know how much Dangote owes? What about Innoson? What is Good debt and bad debt? Is Lagos State not the state with the highest debt in Nigeria? Then the question is, why is Lagos the best state with infrastructures that everyone is running to? You obviously don't know nothing about economy, tax, and debt. Every Lagosian owes the state 36k as at last time, that does not mean they can't pay. 3 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by mrphysics(m): 5:32am On Sep 12, 2018 |
InvertedHammer:Every researched article can be published. There's room for new publications from well researched articles. we agree and have accepted you know better than the writer of the published article, can you take a step forward by publishing yours from what is in the market. Is that so hard? 3 Likes |
Re: Nigeria Economy Rated Best In Africa By Forbes-see Link by Nobody: 5:33am On Sep 12, 2018 |
Buterflyle0:Which news? 5 Likes
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