Let's Talk Afro-Geopolitics II: The Future of the Nigerian State

Discussion in 'The Root' started by MansaMusa, Mar 19, 2016.

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Will Nigeria Make it 2060 (Its 100 Anniversary of Independance)?

  1. Yes

    21 vote(s)
    45.7%
  2. No

    25 vote(s)
    54.3%
  1. The Odum of Ala Igbo

    The Odum of Ala Igbo Hail Biafra!

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    It was largely oil and Buhari’s monetary policies
     
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  2. phcitywarrior

    phcitywarrior All Star

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    This is actually quite an easy one to explain.

    GDP per Capita is simply GDP/Population. In the instance where your population is rising faster than you GDP, then your GDP per capita will fall. It should be known that Nigeria's economy is only about 15% Oil and Natural Gas. However, it (O&G) accounts for more than 70% of the government's income (the Nigerian government does a poor job of collecting taxes). So when oil prices crash, so too, thus government spending (and usually we also see a drop in foreign reserves).

    But, 2015 saw the election of Buhari into office. His anti-corruption agenda spooked a lot of people from spending money out of fear for being reprimanded in the anti-corruption crusade.

    In the words of some people on ground in Nigeria "Everyone dey fear so money no de flow".
     
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  3. The Odum of Ala Igbo

    The Odum of Ala Igbo Hail Biafra!

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    You're missing something bro. Buhari's anti-corruption war is largely one-sided against members of the PDP. Members of the APC (like Ganduje, Babachir Lawal, Oshiomole, Tinubu) are getting away with stealing hundreds of millions of dollars. Corruption didn't scare away investment. Buhari's policies did.

    Read this great assessment of Buhari's economic policies:
    Buhari 365 Part 3: The President and His Shibboleths

     
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  4. The Odum of Ala Igbo

    The Odum of Ala Igbo Hail Biafra!

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  5. The Odum of Ala Igbo

    The Odum of Ala Igbo Hail Biafra!

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  6. The Odum of Ala Igbo

    The Odum of Ala Igbo Hail Biafra!

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  7. The Odum of Ala Igbo

    The Odum of Ala Igbo Hail Biafra!

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  8. FireDwaneCasey

    FireDwaneCasey #scarfseason Staff Member Supporter

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    northern nigeria is :scust:

    Imaging waking up in zamfara
     
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  9. FireDwaneCasey

    FireDwaneCasey #scarfseason Staff Member Supporter

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    shocking zamfara aka hell on earth
     
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  10. The Odum of Ala Igbo

    The Odum of Ala Igbo Hail Biafra!

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    Nigeria, even if we don’t get Biafra, needs to be divided. The North is cursed
     
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  11. The Odum of Ala Igbo

    The Odum of Ala Igbo Hail Biafra!

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    Note how Buhari (Jibril) denied his true character in English and didn't remove his hat? :troll:
     
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  12. The Odum of Ala Igbo

    The Odum of Ala Igbo Hail Biafra!

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  13. FireDwaneCasey

    FireDwaneCasey #scarfseason Staff Member Supporter

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    Lagos ranked 212/218 in terms of worst cities to live in
     
  14. FireDwaneCasey

    FireDwaneCasey #scarfseason Staff Member Supporter

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  15. The Odum of Ala Igbo

    The Odum of Ala Igbo Hail Biafra!

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