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Sunday, April 6, 2014

Nigeria overtakes South Africa as Africa's biggest economy


That's good news and bad news rolled in one for Nigeria because now the West will try to find ways and means to keep Nigeria from growing more prosperous and independent.  Wait and see... very soon you will learn that Boko Haram are getting  aid, logistic support and weapons from the West to create more mayhem in Nigeria so the Christian govt there will have its hands full fighting the terrorism menace instead of focusing more on growing the economy.
The West won't do that, not possible ... you say?  They have done it to Iraq, to Libya, to Syria and several other upcoming and independent countries ... so what's to stop the West from sodomizing Nigeria to keep it on its bended knee?

From Bloomberg:
....Nigeria’s economy surpassed South Africa’s as the largest on the continent after the West African nation overhauled its gross domestic product data for the first time in two decades.

The size of the economy is estimated at 80.3 trillion naira ($491 billion) for 2013, Yemi Kale, head of the National Bureau of Statistics, said in a report released in the capital, Abuja. That compares with the World Bank’s 2012 GDP figures of $262.6 billion for Nigeria and $384.3 billion for South Africa......

And, in other news for Nigeria:
From Reuters:
....Nigeria suicide bombers kill 15 in failed oil facility attack: army.
Suspected Islamist suicide bombers killed 15 civilians in a failed attack on a state oil company facility in northeast Nigeria, when soldiers at a checkpoint opened fire on their explosive-packed vehicles, the military said on Wednesday.

Seventeen civilians and five soldiers were wounded by the blasts on Tuesday which also destroyed eight vehicles, Defense Ministry spokesman Chris Olukolade said.

There was no immediate claim of responsibility.

Olukolade said the bombers, believed to be from militant group Boko Haram, were driving towards the Nigeria National Petroleum Corporation facility at Mule. Four bombers died.
Mule is on the outskirts of Maiduguri, the capital of Borno state and the cradle of the Islamist insurgency.
"Three of the four explosive-laden vehicles were demobilized by shots fired at them by soldiers at the checkpoint, shortly before the explosions that rocked the area," Olukolade said.
"A total of 15 civilians including a member of a youth vigilante group died," he said.
Violence in Borno state is worse than at any time during its 4-1/2-year-old insurgency, residents say.....

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