Top 14 failed states below...
1. Somalia. 2. Congo Democratic Republic. 3. Sudan. 4. Chad. 5. Zimbabwe. 6. Afghanistan. 7. Pakistan
8. Guinea. 9. Cote d’Ivoire. 10. Central African Republic. 11. Iraq. 12.Yemen. 13. Haiti. Then our beloved country Nigeria at number 14
FFP is an independent, non-partisan non-profit research and educational organisation that works to prevent violent conflict and promote sustainable security.
According to the FFP, a total of 12 criteria were applied in arriving at the ranking. Some of the core criteria included security apparatus, factionalised elite, legitimacy of the state, external intervention, poverty and economic decline, uneven development, group grievance and demographic pressures, human flight and public services.
No surprises there.
ReplyDeleteNo surprises there.
ReplyDeleteAl dis na bcos of boko haram
ReplyDeleteexactly wat jonathan and his cultist cabal are aiming for. Lets bring naija back to life by killing one demon each. WE MUST STOP THEM!
ReplyDeleteoya lets go! u demon working against the growth n upliftment of Nigeria. I say DIE, DIE DIEEEEEEEEEEEEE IJN.
Maximus fire ur own....Anonymouses oya o!
Nigeria may be having a lot of issues to cond with, agreed; but a failed conutry is not one of them. Even if every onr thinks we are failing or have failed, God has not given up on us and He will have mercy on us. So those running their mouths should better have something constructive..not that am disagreeing with them totally, but imagine being in the same league with Somalia and other countries we support even if its peace keeping....God bless Nigeria
ReplyDeleteHappy itz 14th in d world nt nober 1...dt means 9ja beta pass many...nice1
ReplyDeleteTop News
ReplyDeleteLAGOS (Reuters) - Bomb blasts, gun attacks, airline crashes, kidnappings, industrial-scale oil theft, armed robberies and fraud costing billions of dollars.
Such things might give pause to anyone thinking of opening a business. In Nigeria, they happen with alarming frequency, and yet investors just keep coming.
The reasons are many: alluring returns in this high-risk frontier market; a huge and growing population with latent potential for a consumer boom; light crude oil ideal for making motor fuel; and sophisticated financial markets.
"We know it's not risk free," says Charles Robertson, global Chief Economist at Renaissance Capital. "But look around the world and find another economy with 160 million people growing at 7 percent with such potential. It's a struggle to find them."
"Nigeria can look like it's teetering on the cusp of chaos, but it is also Africa's second biggest economy and top oil producer.
ReplyDelete"Nigeria is the best kept secret in the world. Anybody who doesn't invest in Nigeria only has himself to blame, going forward, if he misses out," industrialist Aliko Dangote told Reuters in an interview at his Lagos office.
"I don't really know of any place where you can make as much money as you make in Nigeria."
As Africa's richest man, he should know. Last year, the cement tycoon's Nigeria investments boosted his personal fortune more than fivefold - a bigger rise than anyone else on the Forbes list of world billionaires - to $13.8 billion.
Dangote is from northern Nigeria, where Islamist insurgents of the Boko Haram movement have killed hundreds in daily gun and bomb attacks this year in a bloody anti-establishment offensive.
Dangote, whose interests are mostly in the south, with some exposure to the north, does not let the violence affect his business decisions.
"Boko Haram have not destroyed any business here. They have not gone to any factory and planted a bomb," he said.
"Because of drugs barons fighting with the Mexican government, does it mean no one will go and invest in Mexico? No. People are rushing there."
Culled from reuters
"DEMOGRAPHIC DIVIDEND" TRUMPS INSTABILITY?
ReplyDeleteStill, if you want an example of how violence and political instability in Nigeria can slice millions of dollars off your profit margin, look no further than PZ Cussons.
The soap maker announced two profit warnings in the first quarter of this year, blaming a hit to sales from social unrest in Nigeria, its biggest market, where it makes a third of its revenue.
The country erupted into strikes and protests in January when President Goodluck Jonathan's government made an abortive attempt to end a popular fuel subsidy. The strikes lasted only a week, but the central bank said they cost $617 million a day.
The violence in the north also worsened around that time.
"Insurgency in the north clearly had a detrimental impact on PZ's business, and on (food maker) UACN, which has distribution hubs there," Matthew Pearson, Standard Bank's head of African Equity Product, told Reuters on a visit to Lagos.
But in the longer term, both firms are betting Nigeria's big population will turn into a massive consumer market.
"The demographic dividend is colossal," Pearson said.
A failure to recognize such long-term opportunities in emerging markets astounds Stephen Jennings, CEO of investment bank Renaissance Group.
"Whether we are talking about political evolution in Russia, or economic development in Africa, there remains a clear overemphasis on current difficulties and constraints, and an under-appreciation of the pace and magnitude of modernization and structural change," he told an investor conference this week.
Some clearly appreciate it. The CEO of South Africa's Shoprite, Whitey Basson, said in February he saw scope for 700 stores in Nigeria, up from two now, arguing that even if 60 percent live in poverty, the other 40 percent still outnumber South Africans.
And oil companies like Shell are making enormous profits in Nigeria - and renewing onshore licenses - despite the fact that armed gangs steal a growing portion of their oil.
Foreign direct investment into Nigeria has hovered between $6 billion and $8.5 billion since 2007, World Bank figures show, apparently unresponsive to its various crises.
-Reuters
FEAR OF OFFICIALDOM
ReplyDeleteBusiness people say the risk from such insecurity pales compared with that of government interference.
Jonathan's administration says it is working to remove impediments such as corrupt officials and onerous bureaucracy, but they admit it is a huge task.
"Look at the port. That's a bigger investor concern than bomb blasts or plane crashes," said Tony Elumelu, chairman of Lagos-based Heirs Holdings, a fund that invests across Africa.
Corrupt officials at Lagos port - one of the busiest in Africa - slow down deliveries to extort money from importers, a bottleneck to growth and cause of Nigeria's high living costs.
"For many businesses, the difficulty of getting goods cleared ... is their biggest complaint," Elumelu said. "The good news is the government is now taking action to improve it."
Such "official risk" is what oligarchs like Dangote can use political ties to mitigate. Not everyone has such connections, but players with dominant positions in markets that don't require much government cooperation can still fare well.
"If you look at Nigeria Breweries, short of expropriation, it's going to continue to effectively print money, because of the size of the market ... irrespective of the management of the country," said Fola Fagbule, Vice President of Origination and Coverage at Africa Finance Corporation.
Other sectors, such as infrastructure, face daunting hurdles from obstructive officials. Telecoms firms need licenses. They need land to put up masts. They need permits to set up base stations.
All complain of extortion by officials to keep stations open.
The downside was enough to persuade Vodacom to pass up investing in Vmobil - now owned by Bharti Airtel - in 2005, citing an "inappropriate level of risk".
Yet telecoms is now one Nigeria's most profitable sectors, and Nigeria is Bharti's most profitable African market.
In his last year as Vodacom CEO in 2008, Alan Knott-Craig said he regretted the decision not to set up shop in Nigeria. Vodacom is now making moves to come back.
Rival MTN had no such qualms, and today it is Nigeria's leading operator.
Among the risks it faces are "poor infrastructure, lack of security, vandalism, multiple taxation, over-regulation ... unlawful interference with telco infrastructure by government agencies and ... prejudicial court judgments," says Funmilayo Omogbenigun, MTN Nigeria's corporate affairs manager.
Despite that discouraging litany, Nigeria remains MTN's biggest cash cow, making $2.5 billion in core profit in 2010 and again in 2011.
The telecoms success has raised hopes for Nigeria's moribund power sector, if the government gets round to privatizing it.
"Nigeria's often surprised on the upside, and telecoms is a classic example. People are looking at power in the same way," Fagbole said.
"It looks messy, it looks difficult, but if you sit on the sidelines and it turns out to be this massive honey pot, you'll live to regret it."
~Reuters
DIDNT I SAY IT BEFORE THAT NIGERIA IS A FAILED STATE EVERY SENSE?????....THE DISPARITY BETWEEN THE RICH AND POOR ARE LIKE TWO PARALLEL LINES THAT WILL NEVER MEET...HOW PPL ARE NOT DROPPING DEAD BY THE MINUTE BEHOOVES ME!!!!....THE POWERS THAT BE ARE CLUELESS AND HEARTLESS, HOW THEY CAN DRIVE AROUND SEEING THE GRINDING AND BACK BREAKING POVERTY ALL AROUND , AND ARE NOT MOVED IN THE SLIGHTEST BIT TO TURN THINGS AROUND IS MIND BOGGLING....PPL'S CONSCIENCES HAVE BEEN SEARED WITH HOT IRON!!!!...NIGERIAN'S LEADERS HAVE HOUSES IN THE WEALTHIEST NEIGHBORHOODS IN THE USA, SWITZERLAND, GERMANY, FRANCE, AND SO ON... THE LEADERS PRANCE ABOUT WITH $45, 000 BIRKIN PURSES, AND DRIP THEMSELVES WITH DIAMONDS AND OVERTLY EXPENSIVE CLOTHES AND SHOES, WITH IMPUNITY!!!....WITH ALL THE GOD GIVEN RESOURCES IN OUR COUNTRY THE QUALITY OF LIFE IS DECLINING...PETROLEUM, OIL, NATURAL GAS, BAUXITE, IRON ORE, COAL, TIN, COPPER, LIMESTONE, AND MOST IMPORTANTLY A GREAT ABUNDANCE OF ARABLE LAND, AND ALL THE EDUCATED ECONOMISTS AND ELITE WE HAVE NO SUSTAINABLE SOLUTIONS OR THINK THANKS HAVE BEEN DEVELOPED TO IMPROVE THE SITUATION IN NIGERIA...
ReplyDeleteI REPEAT WHAT I SAID IN AN EARLIER POST....
THE POLLUTION IN NIGERIA IS CRIPPLING, NOXIOUS FUMES FROM GENERATORS, AND VEHICLES FILL THE AIR, PPL LIVE IN SQUALOR...10 000 PPL CAN LIVE WITHIN A 2 MILE RADIUS..THERE IS NO CLEAN WATER, NO ELECTRICITY, NIGERIANS CONSUME CHEMICAL AND PRESERVATIVE LADEN FOOD FROM CHINA, CHILDREN EAT INDOMIE LIKE THEIR VERY LIVELIHOOD DEPENDS ON IT, INDOMIE IS LOADED WITH ALL KINDS OF PRESERVATIVES, SODIUM METABISULFITE, SODIUM, TRIPOLYPHOSPHATE, POTASSIUM SORBATE, ALUMINUM SILICATE ETC, EVERYONE DRINKS SOFT DRINKS AND SO CALLED FRUIT DRINKS THAT HAVE NO REAL FRUIT JUICE IN THEM, JUST LOADED WITH SUGAR...WE ARE CONSUMED WITH EVERYTHING FROM THE WEST, INSTEAD OF FOCUSING ON OUR FRESH VEGETABLES AND FRUITS, THERE IS LITERALLY NO FUNCTIONAL HEALTHCARE SYSTEM, THE MARKETS ARE FILLED WITH FAKE OR EXPIRED DRUGS....PPL ARE MORE CONCERNED WITH THE LATEST MADAGASCAR OR TAHITIAN HAIR, AND LATEST FASHIONS, YET MANY PPL ARE WALKING AROUND WITH DIABETES, HIGH BLOOD PRESSURE, AND OTHER DISEASES...
NIGERIA IS A FAILED STATE DO WE REALLY NEED SOMEONE ELSE TO TELL US??? MATERIALISM, DEBAUCHERY, WHOREMONGERY, GREED, AND THE STANDARD OF LIVING IS AT AN ALL TIME HIGH...THE QUALITY OF LIFE IS AT AN ABYSMAL LOW...
WE ARE A RESILIENT PPL HOWEVER DRASTIC CHANGES NEED TO BE MADE TO IMPROVE THE STATE OF THINGS OR ELSE ANARCHY WILL SOON ABOUND!!!!
Rubbish,in my own opinion I think these values were just manipulated.no atom of truth in their dumb research.kmft
ReplyDeletefailed state or failed country smh
ReplyDeleteNonsence. They are the ones exploitin africa then come up with all these silly reports.
ReplyDeleteWe re getting worse everyday!! GEJ is the cause of all this!! Useless good for nothing ijaw fisherman...
ReplyDeleteHahaha. It keeps getting worse. If things r not rectified soon.before 10years we go top d list. Nigeria is a hot mess. U guys need to stop lying to ur self. The worst part of it is that most of u r delusional n thinks tht some higher power is gonna solve this problem. I'm sure we met all d criteria perfectly.
ReplyDeleteBwahahaha, choi any country when Nigeria better pass is FINISHED!
ReplyDeleteThey are idiotic
ReplyDeletena today?
ReplyDeleteNot surprised at all. Is it only 14? We should be at No 5 or something after those country that bomb themselves.
ReplyDeleteMy beloved DERAILED Nigeria.
Nigeria is too rich to b poor n too poor to b rich #word. n
ReplyDeleteGod will help us in Jesus name Amen!!!!!!!!!!
ReplyDeleteNot Surprised thought we are 2nd in the world
ReplyDeleteNa today? This one no be news again. I beg switch channel jor!
ReplyDeleteIts a shame to be ranked with all these counties.most of them were either affected by wars or natural disasters.what excuse does nija have ?? No war since 1960, corruption is our war. NIGERIA we are to great to fail.Stand up and say NO to our county failing.We can only change the destiny of this country by first changing ourselves,our mentalities,our systems and more. nija 4 life
ReplyDeleteNYC-1 says: There most be a mistake somewhere. We are the most populous country in Africa, and a very happy people. Corruption in high places has been dealth with. Recently, innocent people like Bankole, Bode George, Patricia Etteh and the host of others who where accussed of stealing BILLIONS OF NAIRA have been cleared of any wrong doing; but a poor citizen who stole milk and bread for food was sentenced to die by hanging to send a message that Nigeria has a zero tolerance on corruption/stealing. Not too long a ago, in order to be amongst the world largest economy in the year 0200+0200 we were encouraged to balance our procreation power with commonsense because the govt is tired of feeding families. To show that we are a people with commonsense and have more important things, we have refused to re-draw the Nigerian Map after ceding Barkassi. May be in no far distant future we can move a motion to have the Airspace of Atlantic Ocean shutdown so that a safe flight will be guaranteed. So how can they say that Nigeria is a failed state when our govt official and senators are the hightest paid in the world?
ReplyDeleteCountry??
ReplyDeletewhat a big shame ehhh upon all the money that we have in this naija yet 75 percent ive on 1 dollar a day
ReplyDeleteHmmmmmmmmn oro reeeeeeee!!!
ReplyDeleteInteresting.
ReplyDeletewell,the world as far as am concerned has failed........looking forward to the return of my Lord and Saviour Jesus,he alone can save us.all the economies of this world have failed,Nigeria isnt FFP's problem.the earlier they stopped calling Nigeria the better for them,this race of life is an individual cause,all man for himself,not even america can save,only Jesus can.may we all run to the one in whose arms alone we can find solace.... amen.
ReplyDeleteI could have told them that
ReplyDeleteDid u'all notice that all the countries mentioned are well endowed with resources and more importantly, they are in only Africa and middle-east. It makes me sick when some organizations from nowhere under the guise of "no-partisan non-profit organization", assess Nigeria and other countries as if they are more aware of our problems than we who live in these countries.
ReplyDeleteAll these runs na format. They(Power brokers in developed countries) are just looking for an avenue to control the resources of these countries. CRIMINALS
You need to go to Seme the Nigerian/Benin boarder to see the shame of this Nation. Totally pathetic chaos unlimited .This is what you get when your houseboy becomes your boss period.
ReplyDeleteOma ga o
ReplyDeleteam so sorry for you naija pips.come to Kenya,we have loads of space here for you.
ReplyDeleteFailed state? Surprise, surprise. Even if there was complete peace in Africa, they will still be referred to as failed states.
ReplyDeleteAfricans must define their own standards and values. When has Africa ever been described positively.
If a so-called failed state like Nigeria can be 1 of 6 African countries with the fastest growing economies in the world, then there is hope.
HMMM...GOOD AND BAD NEWS
ReplyDeleteBAD >>> WE GET F9
GOOD >>> WE NO BE 1ST OUT OF THE BAD EGGS THIS TIME
***tunes to Cartoon Network***
@willadebo
NIGERIA IS NOT A STATE!!!
ReplyDeleteIf anybody is suprised at this, then the person does not know what contitutes a failed state. Nigeria has failed long time ago but it appears that the conditions are more prevalant now. The country is a one cesspool of confusion and contamination.
ReplyDeleteThe basic maslow theory of needs that were met pre and post independence nigeria have gradually eroded to the extend that you are not safe anywhere in this country, the govt cannot provide any infrastructure for the citizens, not water, no electricity, no food and no shelter.
What the hell happened to this country, growing upin the 70s we had roads,pipe borne water, electricity and security was top notch.
I am nolstagic about the good old days.
Some stupid ass northerners and their leaders are not helping issues either by this boko haram crap that buhari and the northern elite came up with to make the country ungovernable for stupid ass jonathan wh does not even know how he got to where he is or what to make of it.
I pray for a revolution and not a civil one, I mean, a revolutionalist in the form of JERRY RAWLINS, take over and kill all them armed robbers in the presidency, both houses and all the heads of all the government agencies and parastatals. That's the cure, nothing else.
Look at that wizzle of a small midget called Lawan what he did when given the opportunity to head the oil subsidy committee. MY HEART BLEEDS FOR THIS COUNTRY.
NIGERIA IS A TOTALLY FAILED STATE AND IF THERE IS ANOTHER CATEGORY WORSE THAN FAILED STATE, THAT'S WHERE NIGERIA BELONGS.
most Nigerians are fanaticaly religious leaving all issues in Gods hand and constantly praying for miracles, maybe its time we understand that god helps those who help themselves and not those who keep hoping for manner from heaven. Continue to console yourselves with a better life after death and do nothing. The few bad, wicked and corrupt nigerians are nothing compared to the millions of other innocent and brave nigerians who watch all these bad deeds without doing anything against it. according to your religious books you are just as wicked and destined for hell
ReplyDelete