Iyanuoluwa Olayode
506 posts

Iyanuoluwa Olayode
@IY_ddreamchaser
Business Network Developer | Dream Chaser | Christ's Minister | Manchester United ⚽️♦️❤️


Arsenal and the title, it’s like the story of Moses and Canaan: we see it with our eyes, but we can’t touch it with our hands 😂😂















@arojinle1 Not everything has a formula actually but there’s always a specific right answer it’s either A, B or C. But in the arts, you can have 3 correct answers and have to pick the one that’s “most relevant”


Dear @PeterObi, You are back again with your very ignorant and highly misleading posturing to entertain your base. I can see that Nigeria's absence in IMF's top 5 fastest growing economies in Africa is your new meal. I am here however to help you understand the dynamics around growth rate rankings. First, it's not easy to find economies with large GDP base being among the top fastest growing economies in the world year in year out. The US, UK, Japan, Germany, and even China now are prime examples. It doesn’t make them lesser economic giants or prosperous. Now let's look at Nigeria. Nigeria's GDP is $285 billion. Nigeria's conservative GDP growth rate for 2025 is around 4% (judging by Q1 and Q2 rates so far), that's a $11.4 billion expansion. Mind you, this is an economy just coming out from a major economic upheaval that turned our monetary landscape upside down. I have compiled the numbers behind the so-called growth rates that you are gleefully celebrating and making it seem as if these countries did something extraordinary that Nigeria didn't do. Take a look at their GDP sizes and what the actual expansion in GDP that you are mocking Nigeria for: 1. South Sudan - ($4.65 billion; 24.3% means economy expanded by $1.13 billion, an outlier fueled by resumption of oil production in the country thanks to return to some level of political stability) 2. Guinea - ($25.3 billion; 7.2% means economy expanded by $1.82 billion) 3. Ethiopia - ($142 billion; 7.2% means economy expanded by $10.2 billion) 4. Rwanda - ($14.25 billion; 7.1% means economy expanded by $1.01 billion) 5. Benin - $21.49 billion; 7% means economy expanded by $1.5 billion). 6. Niger - ($19.87 billion; 6.6% means economy expanded by $1.31 billion) 7. Uganda - ($56.23 billion; 6.4% means economy expanded by $3.6 billion) 8. Cote d'Ivoire - ($87.1 billion; 6.4% means economy expanded by $5.7 billion) 9. The Gambia - ($2.35 billion; 6.0% means economy expanded by $141 million). 10. Senegal - ($32.8 billion; 6% means economy expanded by $1.97 billion) Note that none of the top 5 biggest economies in Africa (South Africa, Egypt, Algeria, Nigeria and Morroco) are among the top 10 fastest growing economies. Does it mean even your favourite Egypt is not doing anything good in their economy? Also, among all the countries in Africa, in terms of actual GDP expansion in dollar terms, none of them except Egypt did better than Nigeria. Let me give you this data to go and verify: Nigeria's GDP is projected to expand in 2025 by 4%, which is $11.4 billion South Africa's GDP will expand by just 1.1%, which is $4.41 billion Algeria's GDP growth rate is 2.7% or $7.27 billion expansion. Morocco's GDP growth rate is 3.8%, which translates to $6.1 billion expansion. Egypt's GDP is expected to add around $14.9 billion and is the only country in Africa that records better dollar expansion than Nigeria. Oga Peter, tone down on the negativity. It can't make you President. President Bola Tinubu has done a very remarkable job to steady our economic ship and navigate it to calm waters. The fact that you can't point to any substantial talking point to tackle the President or profer any clear alternative to policies being undertaken by the President shows you're simply clinging on a straw. Although I acknowledge the fact that you need to feed your mob with regular contents but in doing so, please calm down and do basic economic analysis. You're trying to be a President of huge economy and not an Afor market in Nkitaku where your audience are mostly market women.














