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Showing posts from March, 2015

THE LARGEST(COMATOSE) ECONOMY

People's economic development is always been rated according to how much income flow in to their individual pocket, to maintain the sertiable  position and growth. A country is said to be economically buoyant when the Product being exported is greater than the importation, several theories of consumer behaviour postulates how income can influence spendings which a consumer can be describe according with. Nigeria has been on the fore front of this comatose spell out of its economy, which I believe I am not the only person that opined on this. Being largest in everything in Africa does not mean we have reach the equilibrium, but it always expose our shortcomings especially with the instance branding of our leaders as the most corrupt. Nigeria is the most populous black Nation on earth, we are the 7th largest oil producing/exporting country, our income solely defend on the petroleum industry, despite the large and arable affordable land for agriculture, with human capital, yet the...