Joke of century? Nigeria now officially Africas largest economy ahead of South Africa, Denmark, Austria, Malaysia, Singapore. Nigeria has moved up 11 steps to number 26th largest economy globally ahead of South Africa, following the outcome of the reclassification of the based year of the Gross Domestic Product (GDP) from 1990 to 2010. The country’s GDP increased by 75.58 per cent from $258.55 billion before the rebasing to $453.96 billion. The new GDP places Nigeria ahead of countries like Austria with $394.7 billion; Venezuela with $381.26 billion as well as Columbia, Thailand, Denmark, Malaysia and Singapore among others which has $369.6 billion, $$365.96 billion, $$314.88 billion, $274.7 billion and $269.86 billion respectively. Hmmm... Yet we are the hungriest out of them all, unable to feed itself daily, half the population living on less $1 a day, perpetual darkness, and daily economic migrants to all the countries were greater than, working as slaves in their country. #hugeJoke
Posted on: Sun, 06 Apr 2014 17:18:04 +0000
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