A $1 Trillion Nigerian Economy By 2030 Is A Dream - Emmanuel Akande
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- เผยแพร่เมื่อ 1 ต.ค. 2024
- Dr Emmanuel Akande, Founder of CAPE Economic Research & Consulting, spoke to the Global Business Report about GDP rebasing in Nigeria and getting to a $1 Trillion economy
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What are you guys even talking about? The economic strategic himself came up with the idea of the Lagos Calabar coastal highway. That project alone has the ability to improve Nigerian's economy, improve poverty, banditry, improve hunger and malnutrition, fight crime, improve inflation etc 😅. Come on guys let's just stop being cynical and support the renewed hopeless ness, oh sorry, I meant renewed hope agenda. Pleaseeee!!!
Rubbish. 😂 For Nigeria currently with a GDP of $262b to reach $1trillion. It will take 20 years of consistent 7% growth. That gets u to 2044. Rotus stop this Foolishness 😂
No
Totally disagree with the other analyst. Dr Akande is right as the percentage of workers with meaningful disposable income has dropped to 5%. How many households can boost of having good disposable income. In case we don't what Disposable Income means. It is the portion of income that can be spent on necessities, such as food and rent. The other analyst is among those that believe the Coastal Highway is what we needed now in the Economy where many Companies are leaving due to the country's unstable policies.
These guys keep blowing grammar. We already have the single most-important capital we need to bring vast array of capitals inflow. That's Alhaji Dangote's Refinery. Nigeria CAN"T even supply enough crude to the refinery. You would think smart govt will concentrate on increasing crude supply to 2.5millions per day.
What do you want media to do? You what have you done beside criticize?
Inability of Nigeria government not been able to supply crude oil to dangite is a game of politics.. All they are doing is to use exchange rate as a determinant of price
1 trillion? Nigeria's current GDP is plummeted half from what it was 4 years ago
These economists are not using economics to help the common man. Disposable income is gross income less taxes ( yes this has gone up if there were salary increases) However, that is nominal disposable income. The real value of this income ( buying power) has gone down. It is this insight that can help our policy makers to frame the right policy decisions to help Nigerians. That is applied knowledge
Let us focus first on the hunger and hyper inflation in Nigeria now before these long term projections.
The analyses made by the guest are not based on proper metrics.
Cry more😂 you ain’t the giant or Africa no more
The creative sector contributes to less than one percentage to the gdp.
A delusional dream 😂😂
No
If the naira loses vs the dollar like now you will need a 3Trillion$ Economy to get a 1 Trillion Dollar Economy .D
Wouldn’t that mean China’s economy would’ve been 140 trillion. If they could actually trade as well with usd currency value.
lol. It would’ve meant Nigeria’s gdp would’ve been 390 trillion. (If we could trade as well with a currency equal to usd).
Showing in youtube video ads is surprising!
lol. You said “hope the government won’t unalive the sector” 🤣
The people in control are definitely not okay 👌
I never trusted Iwealla's economic rebase that Nigeria, a mono-economy relying on one single export product, had a $600 billion GDP; it was a false illusion and diverted from real nation-building. We need social and infrastructure development first.
Stay in one place. Yes or No ?
Nigeria Population 2030 260 Million that means Economy has to grow 700%😂😂😂
$250 Billion was not based on proper metrics. They just made it up based on exchange rates and ignored the fact that individuals and businesses have already revalued their assets and prices of their products upwards.
$250 Billion was not based on proper metrics. They just made it up based on exchange rates and ignored the fact that individuals and businesses have already revalued their assets and prices of their products upwards.
@rotimikayode1072 doesn't matter it's a fact that Nigeria Population growth is faster than Economic growth that means gdp per capita is going downhill
$50 billion will not move a pin? This guy is not serious.. How much is our foreign reserve at the moment?
$36 billion
@@sladewilson377 Exactly
@@doctimothy with the rate of devaluation, for as long as there is a Nigeria, it will never be a trillion dollar economy.
@@doctimothy with the rate of devaluation, for as long as there is a Nigeria, it will never be a trillion dollar economy.
@@doctimothy with the rate of devaluation, for as long as there is a Nigeria, it will never be a trillion dollar economy.
Mr economist from SC nothing but a nay sayers, this fools overseas dri nk that japa coolaid and give wrong analysis
Help educate us with our "japa coolaid" by rephrasing your comment but this time with some substance. Since you are doing very well back home, I'm sure hunger won't make you impatient with my polite request. Please give us the correct analysis. If possible with facts and figures that also meet the 'eye test'. Thank you oh great wise brother.
Pls supply us with alternative TRUE facts, its not just enough to call somebody a naysayer. Even the market know nigeria is severely ailing