Nigeria is the Richest Country in Africa? How? When?
Wednesday, February 10, 2021
28 comments:
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Where the money dey? With people living below poverty line. Abegi
ReplyDeleteNigeria is super rich but for its bad leaders
DeleteLies o.. Lies from the deepest, hottest part of hell.
ReplyDeleteThere is no lie there in terms of GDP. But that alone doesn't make Nigeria the richest. In terms of per capital income all the listed countries are richer than Nigeria. Nigeria is a poor country, with a population of 207 million people, our national budget for 2021 is $34 billion dollars. South Africa with a population of 57 million have a national budget of about $120 billion dollars.Out of the $34 billion meant for our national budget about $8 billion dollars will be used to service our national debt. While we would need to borrow both locally and internally to implement the budget
DeleteAlexander, Nigeria is NOT a poor country
DeleteRiches that's our curse.
ReplyDeleteOf course, Nigerian e-cash boys are mopping up cash from all over the world and transferring every proceeds through wire wire. Too much money.
ReplyDeleteListen to Bella Schmurda as he sings Cash App.
Sho ni CC, load am.
Cash app
Cashout
O ni maga bill am.
Small money ball out
Usain bolt run am.
You get sure client lock am
If you no get money leave am.
EFCC nbo japa
😂😃😂😄 Funny you anon 14:18
DeleteThat song always leaves me wondering out loud. He's literally confessing and as well giving details of what he and the people he sang the song for does. Na them sabi biko.
DeleteChai
DeleteNa yahoo song?
And I bin dey like am ooo😲
Jet li. As u dey like the street anthem for Yahoo boys, Crypto currency bobos,watch your back for efcc van, jail dey call you.
DeleteWatch it on YouTube.
Give Rwanda just half of Nigerias GDP, it'd be just the snow that'd differentiate the environment & infrastructures from Canada.
ReplyDeleteGiant ass of Africa.
🔥🔥🔥🔥🔥
DeleteLol
ReplyDeleteError! error!! error!!!
ReplyDeleteWho did they bribe please🤣🤣🤣🤣🤣
ReplyDeleteIt's not about being the richest if you can't manage such wealth
ReplyDeleteAnd yet it's citizens are living in poverty, even those that are well read😭😭😭😭😭😭😭
ReplyDeleteThere is money in this country it's just our some greedy set of human beings that have decided to hoard the money for their fifth generation but it is well God will surely expose them.
ReplyDeleteSome Naija poli-tricksters have over 400 billion dollars.
ReplyDeleteThieves in high and low places. You think the Oyinbo people don't have
records of where these cashes are stashed? 🙄🙄🙄🙄🙄
Seriously
ReplyDeleteEnd time list😂
ReplyDeleteLori iro
ReplyDelete🤣🤣🤣
ReplyDeleteYou guys eh
Let me use this analogy. If a Father, mother and their 8 children living under one roof (making 10 people in total) each make 20k per month, the GDP of that house is 200k. Compare that to a household of 2 bank tellers (husband and wife only) who both earn 80k per month - the GDP of that 160k per month. The first house is rich in absolute income but poor in per-capital income because the 200k needs to cater for 10 mouths. The second house hold is poorer in absolute income but richer becuase the 160k caters for only 2 people. Per Capital Income is the real essence of nations prosperity if not skewed by a few ultra wealthy.
ReplyDeleteThis is the case of Nigeria and Western world
DeleteYet poorest in sense and worst infrastructure and poor governance... now let’s recalculate
ReplyDeleteThis does not account for our population. GDP per capita gives more insight, when you take our 200+ million citizens into account. We are basically an inefficient economy. If we were actually doing well, our GDP should be closer to that of US $21 trillion ( they have a population of 300+ million and we are projected to overtake them by 2050). On a per capita basis, even Ghana and Ivory coast are higher ranked than Nigeria.
ReplyDelete