Key point is the European powers are no longer growing and the next ten years is prime for the Emerging Markets (which Nigeria is a top Emerging Market) to take over by transforming and revolutionising themselves (economy, trade, technology, human capital etc) to seize the opportunties.
People are still talking about nonsense Euro whilst major investment banks are plotting how to tap into the country and get us back into debt to mortgage our future.
(1) The Nigerian economy keeps growing (1st link)
(2) And is projected to exceed a lot ot European countries in 15 years (see 2nd link assuming growth trajectory remains intact across all countries)
Notice how most major european countries are no longer in the top five…..and the BRIC have taken over
(3) Yet due to antiquated banking infrastructure in Nigeria, we are holding our selves back so much that we are still not top 30 traded global currency despite all our potential (even latvia is on the list!)
I’m a little disappointed with the level of understanding of the topics at hand……instead of people asking the right questions we are still being reticent to accept the changes coming.
Should Nigeria be a global player in world economy and what do people think it requires for Nigeria to be a global player? “
Contributed by E. Mbadiwe.
