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Nigeria: Agriculture, Not Oil Will Restore Economy, Says Okorocha
This Day, 2 February 2013
Imo State Governor, Chief Rochas Okorocha has warned against over dependence on oil revenue, pointing out that the economy would remain stagnant if not diversified. read more »
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Africa: Nigeria Nips At South Africa's Heels
This is Africa, 1 June 2012
With Nigeria's GDP set for re-basing this year, South Africa's economic dominance is under pressure read more »
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Nigeria: South African Retailers Spread Into Major Cities
This Day, 23 December 2012
Amid the slowdown in economic activities and the attendant fall in people's purchasing power, some major retailers from South Africa have decided to increase their sphere of ... read more »
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Nigeria: Tiger Brand's Incursion Into Local Food Industry Could Create Monopoly
Vanguard, 17 December 2012
The recent take-over of majority stake in two of Nigeria's leading food manufacturing companies - UAC Foods and Dangote Flour Mills- by a South African company, Tiger Brands, could ... read more »
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Nigeria: 'The Nation's Economy May Overtake South Africa by 2025'
This Day, 29 June 2011
Nigeria's economy may reach about $400 billion by the end of the decade and could overtake South Africa by 2025, economist at Morgan Stanley said in a research note. read more »
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Nigeria: Standard Bank Unveils Expansion Plans
This Day, 14 October 2011
The Standard Bank Group said Thursday it had designed various strategies to ensure that it increased its market share in the Nigerian banking space through its subsidiary - Stanbic ... read more »
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Nigeria: Country to Overtake South Africa As China's Trading Partner?
This Day, 14 September 2011
Nigeria will soon overtake South Africa as China's biggest trading partner, Nigeria's ambassador to the Peoples Republic of China, Alhaji Aminu Bashir Wali, told THISDAY in ... read more »
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Africa: Climbing the Value Chain
This is Africa, 5 July 2012
Processing natural resources will help African countries maximise the economic impact of rich endowments. read more »
Comments Post a comment
What did you want me to say! all is lie...
Exploratory Calculations on development based on its traditional tape rule only underscore statistical relevance; the intrinsic tenets of real development is suppressed. In an attitude of vehemence, I utterly venerate the concluding paragraph of the parent write-up. Juxtaposing both economies, S.A. is indubitably on the higher rung relative to Nigeria presently, even in the medium term.. This fact is glaringly conspicuous, given the S.A's institutional framework, infrastructure and human development et al. In absence of over-optimism thus affording Nigeria of a possible overtaking,I think, on the track of development, Nigeria needs to accelerate at a supersonic speed in nearly on sectors for a possible overtaking.
Exploratory Calculations on development based on its traditional tape rule only underscore statistical relevance; the intrinsic tenets of real development is suppressed. In an attitude of vehemence, I utterly venerate the concluding paragraph of the parent write-up. Juxtaposing both economies, S.A. is indubitably on the higher rung relative to Nigeria presently, even in the medium term.. This fact is glaringly conspicuous, given the S.A's institutional framework, infrastructure and human development et al. In absence of over-optimism thus affording Nigeria of a possible overtaking,I think, on the track of development, Nigeria needs to accelerate at a supersonic speed in nearly all sectors for a possible overtaking.
Nigeria has a serious problem with corruption and a poor decaying infrastructures - If these two big problems could be tackled other issues like tribalism violence and threats of disintergration will gradually disappear - also I believe if these were resolved South Africa would not be able to touch Nigeria in as little as 5 years time. May I am biased but I believe Nigeria has massive potential in resources and Human capital which is just being wasted and left to decay
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