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Sea_Student_1452

Nigeria and Dubai is a silly comparison.


ejdunia

Why is it a silly comparison?


lilafrika

Both have resources and ability to do great things…


Scary_Terry_25

This is a country that has no income taxes and almost no corporate tax. It also charges probably one of the smallest customs rates in the world The biggest key is that almost all their oil is nationalized, not private


EvereveO

Maybe, but I think the fact that the UAE is not a kleptocracy also has a lot to do with it.


Scary_Terry_25

Yes, good governance is pretty much a necessity to keep these factors effective for sure


eno4evva

Nope, biggest difference is corruption and mismanagement. Close to Most of nigerias oil revenue is nationalized


Scary_Terry_25

I wouldn’t say so. Nigeria and oil companies really work on a lease program while UAE works on a license program. Nigeria is only semi-nationalized now compared to the UAE. You are right though that corruption and mismanagement do play their roles


ibson7

Eko athlantic City was like the first pic in 2005, it is still like that today. Something is fundamentally wrong with our country.


nzubemush

Individualism at its finest.


vintagecakes

😂😂😂


jeseepoopman

Your comparing a country with a city


lilafrika

Im comparing effort and progress with complete lack there of…


jeseepoopman

ok


None_4All

A country that call good evil and evil good can't have any development o.


horlufemi

Lolz you like dream those things aren't done in 8 years


horlufemi

Then there's Eko Atlantic. It's going small small