|Nigeria Economy Becomes 'Top Dog' in Africa|
|by Tom McGregor||Tue, Apr 8, 2014, 12:24 AM|
Nigeria has surged to capture the top ranking economy status in the African continent. South Africa is struggling with crippling labor strikes and government spending run amok.
China Radio International report that, "Nigeria has surpassed South Africa as Africa's biggest economy, rebased gross domestic product figures from authorities showed Sunday."
Nevertheless, President Barack Obama is threatening to impose econimic snactions on Nigeria for not supporting gay marriage.
According to China Radio International, "The biggest oil producer in Africa climbed to the 26th largest economy in the world, according to the statistics announced by Minister of Finance and Coordinating Minister of the Economy Ngozi Okonjo-Iweala in Abuja, capital of Nigeria."
African countries that have remained strong allies of President Obama have experienced devastating economic conditions, while other African nations favoring greater 'free market' economics, such as Nigeria, have enjoyed more prosperous years.
To read the entire article from China Radio International, link here:
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