tylann:

Let them make toothpicks first i heard they even import toothpicks

You think it's every plant that's used to make toothpicks? And Nigerians have made these
helicopter
Armoured personnel carriers
Cars
Tractors
submersible helicopters
Domestic equipment like hangers and toothbrushes
Drugs
Infantry fighting vehicles
Unguided rockets
Surveillance drones
The list is getting long.I should stop

Danielnino00:


Of course you will...

Since u stepped into this thread,what have u contributed? Absolutely nothing!

Just trading insults with people and hiding behind your fellow Kenyans to defend your point . RVp said "I don't know if industrial parks will work in Kenya"

Meaning you folks don't have any


What a joke!

And how come our manufacturing sector is better than yours

abbeg:
You think it's every plant that's used to make toothpicks? And Nigerians have made these
helicopter
Armoured personnel carriers
Cars
Tractors
submersible helicopters
Domestic equipment like hangers and toothbrushes
Drugs
Infantry fighting vehicles
Unguided rockets
Surveillance drones
The list is getting long.I should stop

Continue
But where are they
I have never seen them
Or you dont sell
I have never seen a made in nigeria brand

tylann:

Which influence does Nigeria has apart from crime

You asking that says a lot about yourself. Google it yourself.It's not my business. Ignorance they say is bliss.

tylann:

Which influence does Nigeria has apart from crime

You asking that says a lot about yourself. Google it yourself.It's not my business. Ignorance they say is bliss.

tylann:

Continue
But where are they
I have never seen them
Or you dont sell
I have never seen a made in nigeria brand

Ever heard of 'Moroccan' leather?
And I've also never seen a Kenyan brand ever
Where do you think Louis vuiton get their leather from?

Danielnino00:


Of course you will...

Since u stepped into this thread,what have u contributed? Absolutely nothing!

Just trading insults with people and hiding behind your fellow Kenyans to defend your point . RVp said "I don't know if industrial parks will work in Kenya"

Meaning you folks don't have any


What a joke!

You are a blockhead without knowing it
Why you should contribute to this thread iam here for fun anyway
You can list for me some of your contributions to this thread idiot

abbeg:
Ever heard of 'Moroccan' leather?
And I've also never seen a Kenyan brand ever
Where do you think Louis vuiton get their leather from?

Not those ones
Iam talking about those military equipments that are made in Nigeria where do you sell them

abbeg:
You asking that says a lot about yourself.
Google it yourself.It's not my business.
Ignorance they say is bliss.

Why should i Google Nigerian influence in Africa which is non existent , you can't even influence your self and you are dreaming of influencing other African countries

Your only influence is exporting crime to other african countries

tylann:


Not those ones
Iam talking about those military equipments that are made in Nigeria where do you sell them

They arent export models.

tylann:


Why should i Google Nigerian influence in Africa which is non existent , you can't even influence your self and you are dreaming of influencing other African countries

Your only influence is exporting crime to other african countries

Blah blah blah
Google it and be amazed.
Or are you scared of seeing the truth?

abbeg:
Blah blah blah
Google it and be amazed.
Or are you scared of seeing the truth?

which truth

abbeg:
They arent export models.

Okay i see

Danielnino00:


Wow!
Kenya doesn't have industrial estates??


Ibrahimanis, Daejoyoung, darfay, jaycent,samsobo24, obaaderemi. . are u guys seeing this?

One of them told me Kenya is more industrialize than Nigeria, I told him tell me what you produce, I am yet to receive an answer.

tylann:

And how come our manufacturing sector is better than yours

Give me a list of what you manufacture.

Goel:

I used the word usually for a very good reason. Those countries are facing depressions. Moreover, with an exception of South Africa, all of them are living in more advanced stages of society. You guys could face famine if same thing happened to you.

I fail to see where that word "usually" is hidden in your post. Below is what you wrote:

Goel:

No but "poorer" economies grow much higher than "richer" economies.
China, India & ASEAN are still growing despite being big in size because their economies are big because of populations but economies aren't rich.

So tell us why Nigeria didn't suffer a famine since it experienced a recession just like Venezuela did?Since the same factors which cause recessions also lead to depressions which Venezuela seems to be experiencing now. We came out of the recession not because of blind luck but due to certain steps taken by the government and of course the resilience of Nigeria's economy. Today Venezuela is what Zimbabwe was ten years ago where shelves of supermarkets are stocked with only few rolls of tissue paper. And you think Nigeria's 2% gdp growth after a recent recession is a terrible thing. While Venezuela responded by printing more money, Nigeria responded by banning blatant importation and reducing official looting. And not many would agree with you that countries such as Venezuela and Jamaica are advanced societies. Medium: yes. Advanced: no. Beside, Haiti and Namibia are other poor economies that also have poor GDP growth. Are they also advanced societies? I think I have made myself clear that it's not a rule of the thumb that poor economies always grow faster than rich economies like you seemed to suggest.

Goel:
They are "exceptional" countries.
Or other case could be that most of low income people live in Asia and Oceania and they are growing.

My judgement over recession and revival was about oil prices and Nigeria's consumer class.

If you can give a figure of economic diversity, I'll appreciate. Otherwise, I'll quote a source for it.

That judgment is partially correct at best. Oil makes up just 10% of Nigeria's economy.

Goel:
Well, if things were that straight forward, there wouldn't have been argument between Africans for having most beautiful places.

Well, if you're asserting so, I'll step back a bit. I know about Asian economies primarily and get an overview of other economies. For Nigeria, I had opinion for oil & young population coz Nigeria's economy is dominated by oil.

Population growth rate of India: 1.09%
GDP growth rate of India: 7.4%
So, GDP per capita growth rate: ~6.8%

Population growth rate of world: 1.09%
GDP growth rate of world: 2%
So, GDP per capita growth rate: ~1.8-1.9%

Population growth rate of Nigeria: 2.58%
GDP growth rate of Nigeria: 2%
So, GDP per capita growth rate: ~ -1.3%

This is wrong because Nigeria's economy has not always grown at 2%. It ain't fixed.

Goel:

Look you are running high here because I called 6% growth rate impressive. It sucks when your population growth rate is greater than 1.75%. So, is Pakistan and so is Nigeria in this aspect.

I don't know what you mean at the bolded. You seem to be getting angry about something. I don't think your opinions about Nigeria has any relevance to how I feel since you've already displayed some ignorance about Nigeria's economy here. FYI, Nigeria's economy grew at 10.5% in 2003 ,11% in 2004, 2005-- 6.5%, 2006-- 6%, 2007-- 6.5%, 2008-- 6%, 2009-- 7%, 2010-- 8%, 2011--7%, 2012-- 7%, ,2013--5.8%, 2014--6%....it continued that trend until 2015 when the recession set in. Now, that was impressive.

Goel:

Moreover, maintaining the growth for just 5-7 years isn't enough either. Economic booms which are known to transform countries are known to run for decades, not short lived blooms.
And governments design their policies and economies for it, struggle for it.

Well,that growth ran for more than 5-7 years. It was on for 12 solid years. And what's more, the Nigerian economy has started growing again. It's just like you said: there's a lot about the Nigerian economy the Kenyans and by extension, other outsiders can't understand.

Goel:

Well, I've found individual project basis flaunting from Twitter. They might be fanboys if not politicians. In East, it goes statistically, in West, it goes subjectively.

A figure of local infrastructure firms would reflect better. So, how do Nigerian road authorities work? Do they assign tender.

You could use the figures like Nigeria's infrastructure budget or length of paved roads and highways completed every year.

Well,we still have a huge infrastructural deficit but we are working at bridging that gap. The government is trying to bring private participation into it. For example, the Apapa port road is being rebuilt by Nigeria's been biggest businessman. But majorly, infrastructure development is still in government hands: an example is the SGR. How do you do it in your country?

Goel:

Well congrats for what you've done. I'm just asking for minimizing the effect enough to attract more investments. Minimal terrorism ensures safety to assets. So, more investments will be there.

Thanks. I almost didn't believe what our military did with the Boko Haram thing. It has been largely restricted to the fringes if north eastern Nigeria. Our economic centers have always been free from terrorists. That accounts for why Nigeria continues to be top spot for FDI coming into Africa.

Goel:

Those are supplementary things which can't rapidly add up things as easy you think. Moreover, Nigeria has to lift lot people outta poverty. Profit margin is minimal in agriculture. Technological advancements for military & space programs or expertise of other sort of research won't be there.

Clothes, steel & concrete etc. industries produce commodities consumed nearly by everyone with little fluctuation in demand and give relatively better profit margin, it will be ideal being deported from developed and upper middle income countries now.. Lightweight industries will bloom themselves with demand.

If you want to do anything, no country has achieved economic boom without focusing on heavy industry i.e., boilers, reactors & machinery.
Agricultural stuff can be imparted. When India and SE Asia underwent green revolution, worlds had scarcity of food which doesn't exist today.
Countries who make finished products have better growth, trade balance and life thanexperiencedcing raw material.

You are wrong here. What you said earlier on was that the easiest and most profitable industries Nigeria' needed to provide wealth and employment were steel and apparel. While those industries are crucial, they are hardly the best at the moment for Nigeria. Agriculture and processing of agricultural products can actually make Nigeria rich, coupled with more exploitation of our massive natural resources potential. Arable land in Nigeria is largely unexploited now. We could produce more cocoa and export chocolate products. We could produce more palm oil and export more. Poultry production right now is lifting many out of poverty. Look up nairaland agriculture section. We could produce more meat and export. Our agricultural potential is huge and largely untapped. It is worth more than. our oil sector and is easier to tap into and could provide more wealth and employment than steel and apparel.

Goel:

Let's a bit honest to both. Kenya and Ghana have been far more successful in socio economics. Nigeria's per capita income is close only because of oil. Without it, its no different than Congo or Niger.

Nigeria's per capita income is not higher than Kenya's and Ghana's because of oil. That's an ignorant assertion. Oil contributes less than 10% of our GDP. Many of you do not know this.

Goel:

On other hand, its only substantial country in Africa and destined to lead Africa one day even if caught up with world average.
It's population with a reasonable income will allow it to emerge as a significant power on world map.

Nigeria is on that path already. The challenges are huge but they are not challenges no other country has suffered. Both China and India have been there. And yes, if any African country stands the chance to be a significant power, that country is Nigeria. That fact is the reason this thread is this long. Some people are arguing against the grain and the obvious.

tylann:
which truth

I dare you to Google it.

tylann:
which truth

I dare you to Google it.

tylann:

Okay i see

I'm sure you don't know militaries don't export all their weapons
Am I wrong?
Ever seen any other country with the f22 jet?

abbeg:
I'm sure you don't know militaries don't export all their weapons
Am I wrong?
Ever seen any other country with the f22 jet?

I agree

tylann:

Okay i see

Since everything must be exported according to you tell me what Kenya exports

abbeg:
I dare you to Google it.

You want me to google nigeria influence in africa

tylann:

You want me to google nigeria influence in africa

Google most influential African country.Check quora to be precise.They have the best answers.And they came from safricans

abbeg:
Since everything must be exported according to you tell me what Kenya exports

Since we don't have industrial parks we manufacture and export nothing

tylann:

And how come our manufacturing sector is better than yours

Here's your chance to contribute something meaningful to the thread...


Give us a list of manufacturing industries in your country . and I will give you a list of the ones in Nigeria!

Go on! don't wait for RVp or anybody to bail you out...show us that you aren't empty upstair!

Ibrahimanis:

Give me a list of what you manufacture.

We manufacture nothing since we don't have industrial parks

Ibrahimanis:

One of them told me Kenya is more industrialize than Nigeria, I told him tell me what you produce, I am yet to receive an answer.

Another idiot said once we sign the free trade deal,they would bring their products here and dominate our market.

I'm seriously still wondering what they produce over there that they will come and sell here ..

Danielnino00:


Here's your chance to contribute something meaningful to the thread...


Give us a list of manufacturing industries in your country . and I will give you a list of the ones in Nigeria!

Go on! don't wait for RVp or anybody to bail you out...show us that you aren't empty upstair!

Kenya manufactures nothing since we dont have industrial parks

abbeg:
Google most influential African country.Check quora to be precise.They have the best answers.And they came from safricans

Yes i agree

tylann:

Since we don't have industrial parks we manufacture and export nothing

Then stop bringing up that topic if you can't defend yourself.

tylann:

And how come our manufacturing sector is better than yours

Check Nigeria's PMI and Kenya's PMI. That would show you your manufacturing is below Nigeria's. I want to believe you know what PMI is.

abbeg:
Then stop bringing up that topic if you can't defend yourself.

You win nigeria manufacturing sector is top notch