South African economy to overtake Nigeria

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  • čas přidán 22. 10. 2023
  • Analysts in Nigeria are calling for a swift revitalization of the west African nation's faltering economy, as it struggles to deal with multiple challenges. This comes after the IMF projected a shift in the overall African economic landscape, with South Africa poised to unseat Nigeria as the continent's economic powerhouse.
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Komentáře • 141

  • @thulanintunja3349
    @thulanintunja3349 Před 8 měsíci +17

    The Whole of AFRIKA Needs a Strong Nigeria, South Afrika, Egypt, Ethiopia and Tanzania to Help Pull Our Continent Out of POVERTY.Am South Afrikan But to me that SA is Gonna Overtake Nigeria 's GDP is NOT Something I can Celebrate. Both these Giants of AFRIKA Need to Keep on GROWING.

    • @jyde50
      @jyde50 Před 8 měsíci

      S/a cant overtake Nigeria.

    • @ayobampilo5762
      @ayobampilo5762 Před 8 měsíci +1

      ​@@jyde50😂😂😂But in reality you economy is small compared to SA

    • @lady-jn3mf
      @lady-jn3mf Před 8 měsíci +3

      ​@@jyde50chest pains!! Non the less ,we wish you good though so that we all prosper,but your jealousy is what brings you down and to the pits. Igwe!!go argue with your ancestors 😂😂

    • @jyde50
      @jyde50 Před 8 měsíci

      @@lady-jn3mf LOL the chest pain is by April 2024 when gdp figures are out, i will show you how Nigeria's economy is bigger.

    • @lady-jn3mf
      @lady-jn3mf Před 8 měsíci +2

      @@jyde50 agg shame maan!! Take care,don't be like that. you'll collapse if anger and jealousy, that is not healthy for you. Awww!!

  • @kambuyiblack7462
    @kambuyiblack7462 Před 9 měsíci +9

    With western economic principals people expect profits to always go up. Economies contract and expand it is like a living organisms

  • @mbhekitembe2179
    @mbhekitembe2179 Před 8 měsíci +21

    I always wonder why a people located on the Western part of Africa so obsessed with a country on the southern tip of Africa which is located 6400 Km by land and separated by no less than 8 countries. Nigeria and South Africa have nothing in common except that they are both habited mainly by Africans, so why is Nigeria and Nigerians are forcing a non-existent rivalry with South Africa because we simply don't care; all we care about is to do better tomorrow than we did yesterday and today. Nigerians will grow weary trying to compare themselves to South Africa because as it stands, Nigeria is its own worst enemy. For progress of any kind, Nigeria must look within and introspect to find faults and correct these without trying to benchmark with a people who don't even care about what happens in Nigeria.

    • @orcselelfs6808
      @orcselelfs6808 Před 8 měsíci

      U are a hegoat

    • @ElectrostatiCrow
      @ElectrostatiCrow Před 8 měsíci +5

      Siphila eyinqondweni zabo mahala.😂

    • @tumizasation
      @tumizasation Před 8 měsíci +2

      Bra we dont care.

    • @webbymonk5228
      @webbymonk5228 Před 8 měsíci

      No one is obsessed with South Africa. We all know who South Africa is for.

    • @ElectrostatiCrow
      @ElectrostatiCrow Před 8 měsíci +5

      @@webbymonk5228 It's for its citizens, the natives. And before you try to imply it's for white people keep in mind most millionaries jnt he country are black and most of the middleclass is black.

  • @ThorusCrusius
    @ThorusCrusius Před 9 měsíci +19

    As long as Nigeria is the court jester of France and USA, it will continue to go downwards.

    • @webbymonk5228
      @webbymonk5228 Před 8 měsíci

      You said it all. I'm with you on this. IMF is the evil!

    • @javionriley8739
      @javionriley8739 Před 8 měsíci

      USA has no investment in 3rd world Africa! Literally! Y’all don’t really exist to us Americans.

  • @JUDALATION
    @JUDALATION Před 9 měsíci +14

    Islam is Nigerias biggest hurtle... Terroism and corruption go hand and hand...

    • @nyoni_tour6677
      @nyoni_tour6677 Před 9 měsíci +6

      Well in south africa is crime and corruption that is a hurtle

    • @jyde50
      @jyde50 Před 9 měsíci

      It's only for 1 year assuming the projection is right, Nigeria will still be the largest economy

    • @MightyBlackPanther
      @MightyBlackPanther Před 8 měsíci

      @@nyoni_tour6677 also the US there is crime google Chicago

  • @madamakusinachi3877
    @madamakusinachi3877 Před 3 měsíci +1

    Without the division of nigeria nothing will change 😡😡

  • @user-pr2pt5vm1j
    @user-pr2pt5vm1j Před 8 měsíci +1

    As africans we need to get all our countries to grow and develop. This is the best scenario for Africa. We just need to get rid of our parasitic political and business class.

  • @jeronimodavidgaroupa5143
    @jeronimodavidgaroupa5143 Před 8 měsíci +3

    What are you guys celebrating?
    Portugal is a tinny european country 10 milions inhabitants, GDP= USD240 billions, no gas, no oil. We as africans need to dream big, a USD60 billions GDP is still small money not worthy any celebration.
    Wake up and rise Africa.

    • @EstaJeanette-nk7fj
      @EstaJeanette-nk7fj Před 8 měsíci +2

      Portugal is older than most African countries. Plus it was a colonial power but I am still surprised it has such a small GDP compared to all the advantages it has had for hundreds of years .

    • @jyde50
      @jyde50 Před 8 měsíci +1

      @@EstaJeanette-nk7fj Nigeria will always have the largest economy in africa.

    • @EstaJeanette-nk7fj
      @EstaJeanette-nk7fj Před 8 měsíci

      @@jyde50 okay. I never said anything about Nigeria.

    • @sammalan1353
      @sammalan1353 Před 8 měsíci +6

      @@jyde50 Is South Africa 🇿🇦 the one causing the Nigerian🇳🇬 economy to shrink? If it will be bigger than South Africa i a year, by which margin? Nigeria is extremely under performing given your size in population.

    • @CuriousConnoisseurs
      @CuriousConnoisseurs Před 8 měsíci

      Austria 9,5 Million People GDP 500 billion +

  • @patrickpedro6458
    @patrickpedro6458 Před 9 měsíci +2

    Imf miss calculate ,that is wrong Nigeria still remains on top

    • @ntokozolugogo4762
      @ntokozolugogo4762 Před 8 měsíci +5

      Keep crying😂

    • @jyde50
      @jyde50 Před 8 měsíci +1

      @@ntokozolugogo4762Even If report is true, after 2024 you will cry, is it not? but your cry will be for ever not just 1 year. 🤣🤣🤣

    • @ntokozolugogo4762
      @ntokozolugogo4762 Před 8 měsíci

      I will cry the day Nigeria reaches 2 Trillion
      For now you are still behind us, considering the fact that your population is 4 times bigger than ours!
      Your standard of living is below average😂@@jyde50

    • @ElectrostatiCrow
      @ElectrostatiCrow Před 4 měsíci +1

      Nigeria has already been overtaken.

    • @Marysmmiiith
      @Marysmmiiith Před 2 měsíci +1

      Hail! to the 'the giant of africa' 😂😂😂😂😂

  • @rhemakrealty
    @rhemakrealty Před 6 měsíci

    Two months after it still can’t overtake lol 😂

    • @pageantspageants4358
      @pageantspageants4358 Před 5 měsíci +2

      Lol Dude Nigeria is going down the drain ,the naira , the inflation the GDP per capita people are hungry. GDP doesn't mean anything , if your GDP per capita

    • @mzansipatriot9710
      @mzansipatriot9710 Před 4 měsíci

      come again.... how much is the Naira to the dollar .....ONE THOUSAND SIX HUNDRED 🤣🤣🤣🤣🤣

  • @Zelazella1
    @Zelazella1 Před 9 měsíci +4

    South Africa only has 60 million people however they have a lot of white people over 4,000,000

    • @InamMaqondose-ny8zf
      @InamMaqondose-ny8zf Před 8 měsíci +7

      Actually there are over 12M white people in South Africa, but what is your point

    • @jidebolarinwa697
      @jidebolarinwa697 Před 8 měsíci +2

      @@InamMaqondose-ny8zf Even with that Nigeria will still have a larger economy than south africa.

    • @jidebolarinwa697
      @jidebolarinwa697 Před 8 měsíci

      Even with that Nigeria will still have a larger economy than south africa.

    • @Zelazella1
      @Zelazella1 Před 8 měsíci

      South Africa has a lot of educated Europeans @jidebolarinwa697

    • @MightyBlackPanther
      @MightyBlackPanther Před 8 měsíci +1

      @@InamMaqondose-ny8zf Keep dreaming only 4M , almost 8.8%

  • @jyde50
    @jyde50 Před 9 měsíci +3

    SO they are celebrating an unconfirmed report and also it if happens, it will only be for 1 year and after 1 year, Nigeria takes over and egypt is second.

    • @bafongalo8156
      @bafongalo8156 Před 8 měsíci +11

      If by "they" you mean South Africans, I can assure you that no South African is celebrating this story. We are are only celebrating our Springboks. Our country has serious power and logistic challenges. Maybe we will celebrate once that is fixed. So relax, no one is celebrating this story in South Africa.

    • @jyde50
      @jyde50 Před 8 měsíci

      @@bafongalo8156 Even if that is fixed s/a cant have a larger economy than Nigeria or Egypt. it's not possible

    • @bafongalo8156
      @bafongalo8156 Před 8 měsíci +10

      @@jyde50 Yeah thats not what I said. We couldnt careless who is the biggest economy. Our pre-occupation is the GDP per capita.

    • @lozi4163
      @lozi4163 Před 8 měsíci +9

      ​@@jyde50SA has always been the leading economy in Africa what are you even on about? You also too shallow you compete with a country that has 60million people while you guys are 220million, your economy should be 3x more than ours for you to be above us

    • @jyde50
      @jyde50 Před 8 měsíci +2

      @@lozi4163 That is because you had an head start due to your afrikkans population, they were already building up the country when the rest of the continent were asleep but things have changed

  • @nelsonchinasamy9857
    @nelsonchinasamy9857 Před 8 měsíci +2

    Let's be honest to ourselves. Neither Nigeria, South Africa or Egypt got anything to be proud about. The three countries put together together have over 350 million people. Australia with just 25 million people has a bigger economy than Nigeria, South Africa and Egypt put together. Israel with just 7 million people and a tiny piece of land with no mineral resources has a bigger economy than any of these countries. Instead of arguing about who is bigger or smaller let's start building our economies. As for Nigeria they can start by giving electricity to the 100 million of their people that don't have electricity.

  • @AntoneJohnson-dq5gm
    @AntoneJohnson-dq5gm Před 8 měsíci +1

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