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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6433577 Views)
Am I The Only One Whos Tired Of This Kenya Is Ahead Thread / Femi Adesina: "I Don't Lie, No Matter What"; Nigerians React / Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode (2) (3) (4)
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:18pm On Mar 11, 2020 |
mtisTheQubit: Apparently,,, the Ghananinas see the IMF as some sort of limitless provider shielded from all vagaries of the world economy. The mullahs should keep flowing they think. ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:20pm On Mar 11, 2020 |
TayserMahrii:Naa GPS is not a theory..it's really stuff ![]() Anyway my halo world is made up of halo galaxies .I might throw amultiverse on it ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 2:20pm On Mar 11, 2020 |
TayserMahrii:mind you corona has not impacted the market like oil has done. its a perfect storm |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:20pm On Mar 11, 2020 |
Just30: We were talking of you celebrating the misery of others because you are a net oil importer |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Torture2020: 2:20pm On Mar 11, 2020 |
foolish mudder fugger. get out of my face ![]() ![]() [s] TayserMahrii:[/s] 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:21pm On Mar 11, 2020 |
Just30: Inspector Closseau. How are private entities in Germany indebted? 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:22pm On Mar 11, 2020 |
Just30:Debt is good if used wisely.bailout is bad...itso for suckers who can't manage themselves ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 2:22pm On Mar 11, 2020 |
TayserMahrii:we are not the one in trouble ![]() ![]() ![]() ![]() kenya's debt are popping as global economies get hit by a perfect storm. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 2:24pm On Mar 11, 2020 |
TayserMahrii: ![]() ![]() ![]() im laughing at the misery of Kenya as Tullow get your government more into debt by pilling up bills through the Turkana oil scam ![]() ![]() ![]() 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:25pm On Mar 11, 2020 |
TayserMahrii: I really really think Ghana don't know much about IMF.they don't know why many countries don't want their stuff..few countries survive imf bs. .ask greece |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 2:25pm On Mar 11, 2020 |
TayserMahrii:did anyone mention Germany ? nice deflections ![]() ![]() ![]() ![]() the piper is coming to collect |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:26pm On Mar 11, 2020 |
mtisTheQubit: GPS is based on General Relativity theory ![]() ![]() Let's go bro,,, starting with halo...prove it's a halo ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:27pm On Mar 11, 2020 |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Torture2020: 2:27pm On Mar 11, 2020 |
what exactly is wrong with kenyans? they sold their first oil and already the money has disappeared ![]() ![]() ![]() ![]() https://www-businessdailyafrica-com.cdn.ampproject.org/c/s/www.businessdailyafrica.com/economy/Parliament-orders-release-of-secret-State-oil-export-deal/3946234-5483680-view-asAMP-5qv4rhz/index.html ![]() Parliament orders release of secret State oil export deal ![]() Monday, March 9, 2020 10:36 Parliament has given the Treasury 90 days to make public how proceeds of Kenya’s first crude oil exports were used ![]() By VICTOR JUMA Kenya made its first crude oil exports in August last year, earning an estimated $12 million (Sh1.2 billion) from the sale of 250,000 barrels. The oil was bought by ChemChina (UK) Ltd, the oil trading arm of ChemChina Petrochemical Co. Ltd. Parliament wants to know how much the joint venture partners —Total and Tullow — earned. The agreement remains top secret. Parliament has in a transparency drive given the Treasury 90 days to make public how proceeds of Kenya’s first crude oil exports were used. A report tabled in the National Assembly by the Budget and Appropriations Committee on the 2020/2021 Budget Policy Statement has also asked the Executive to propose how such funds will be used in future. Kenya made its first crude oil exports in August last year, earning an estimated $12 million (Sh1.2 billion) from the sale of 250,000 barrels. The oil was bought by ChemChina (UK) Ltd, the oil trading arm of ChemChina Petrochemical Co. Ltd. Part of the pending disclosures include the production sharing contract that will show how much of the revenues earned from crude oil export were shared between the Kenyan government and the Joint Venture partner. Related Stories Parliament wants to know how much the joint venture partners —Total and Tullow — earned. The agreement remains top secret. ![]() "A status report on the Early Oil Pilot Scheme (EOPS) including recommendations on financial management of proceeds from sale of the crude oil be submitted to National Assembly within 90 days upon adoption of the report by the House," reads part of the committee’s recommendations to the National Treasury and State Department of Petroleum. The government has said that the small-scale exports are meant to test demand for the country’s low sulphur crude oil. There has not been disclosure on how proceeds of the sales were used by the Treasury including offering a share to Turkana County residents. Although the sale process was not fully laid out to the public, the government maintained that there was a competitive bid process with 11 companies having expressed interest in buying the crude. ChemChina UK’s initial purchases are expected to be small-scale, with full commercial shipments due to begin once the pipeline is constructed. The recommendations come at a time when Kenya’s move to commercial oil production is expected to delay on the back of falling oil prices and financial challenges at Tullow Oil, which is leading the consortium of multinationals developing the wells in Turkana. It recently emerged that Tullow and Total S.A. are looking to sell a significant part of their stakes in the Kenyan venture. This followed an earlier disclosure by Tullow that it had written off $800 million (Sh81.6 billion) of its exploration costs in Kenya and Uganda after lowering its forecast for long-term crude oil prices. Oil firms recover their exploration costs over years once production and sale of the commodity starts, with lower oil prices indicating a slower-than-expected rate of recouping the investment. "Exploration costs written off are predominately driven by a write-down of the value of the Kenya and Uganda assets due to a reduction in the group's long-term accounting oil price assumption from $75 (Sh7,650) per barrel to $65 (Sh6,630) per barrel," Tullow said in a trading update. Crude oil prices have traded below the $75 per barrel mark since October 2018 and have fallen further in recent days to $49.5, slipping below Tullow’s new target level. 4 Likes 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:27pm On Mar 11, 2020 |
Just30:We are not waiting for a bailout for crying out loud ![]() ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:29pm On Mar 11, 2020 |
Just30: You are in deep trouble. Wait until money from rich economies stop trickling to IMF... ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:31pm On Mar 11, 2020 |
Just30: Theres no scam. kenyan armchair media calls every govt project a scam to gain readership |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 2:31pm On Mar 11, 2020 |
mtisTheQubit:but we know the case of kenya were the debts were not used wisely hence your incapacity to pay up. ![]() ![]() ![]() ![]() Recycling debt has strangled your economy to be less productive economy on the same level with Senegal. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 2:33pm On Mar 11, 2020 |
mtisTheQubit:today, taking IMF money is better than exposing yourself up for capitulation from China ![]() ![]() ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:34pm On Mar 11, 2020 |
mtisTheQubit: True ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Torture2020: 2:34pm On Mar 11, 2020 |
every day kenya this kenya that. and I ask myself, is there another kenya apart from the poverty/debt-ridden one somewhere in east africa? stop smokig weed and speaking trash because kenya is not a paradise, in fact kenya is not a country to gloat about,huh? tourists have turned the rest of you into slaves ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() TayserMahrii: 4 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Torture2020: 2:36pm On Mar 11, 2020 |
RUBBISH. And you think other countries cannot out up this same defence you just put out? is it only in kenya that the media calls govt projects a scam? [s] TayserMahrii:[/s] 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 2:37pm On Mar 11, 2020 |
mtisTheQubit:you are waiting for another loan from China to balance maturing debts and support the ksh as China hold on to your port as debt guarantee ![]() ![]() ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:37pm On Mar 11, 2020 |
Just30: That implies you dont even know stock markets have been collapsing in Germany. See? told you ghananina operates on the micro scales. There was no deflection there, only that if you are not well versed with the current news and stock markets you wouldn't know why I posed that question. ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Torture2020: 2:39pm On Mar 11, 2020 |
[s] TayserMahrii:[/s] 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:40pm On Mar 11, 2020 |
TayserMahrii: A theory is a contemplative and rational type of abstract or generalizing thinking about a phenomenon, or the results of such thinking. (copy an paste) ![]() anyway you formulate a theory then test it..General Relativity theory have been tested an so far its holding..there so many theories which have not been tested..like string theory,multiverse theory..but my halo theory just waiting advancement in tech (am building the hardware ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 2:40pm On Mar 11, 2020 |
TayserMahrii: ![]() ![]() ![]() We are safe IMF 900 million has been fully paid. ![]() ![]() ![]() Stop defaulting on the Chinese loan ![]() ![]() Increase the patriotism tax so you can afford to pay up. ![]() ![]() ![]() paying patriotism tax is a sign of trouble |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:40pm On Mar 11, 2020 |
Torture2020: I can sense the insecurity in you mudder fugger |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 2:42pm On Mar 11, 2020 |
TayserMahrii: ![]() ![]() ![]() which one is a government project again ? ![]() ![]() ![]() ![]() ![]()
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:44pm On Mar 11, 2020 |
Torture2020: first summarise your stuff..second Kenya is not much interested in oil..we are diverse economy..we dont depend on fossils to survive like other fossil economies from WAs ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 2:45pm On Mar 11, 2020 |
TayserMahrii:i know and i dont mind because they are safe. If Germany is in trouble, you are in trouble because of your debt exposure to them as they pull themselves up to safe their market. ![]() ![]() ![]() worry about your precarious situation |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 2:46pm On Mar 11, 2020 |
Just30:we are rich, we dont default...we not like a certain country i know ![]() |
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