Danielnino00:
COVID-19 Relief FUND Donation by Nigerian individuals and cooperate bodies...

1] Atiku Abubakar - N50million
2] Abdulsamad Rabiu - N1Billion
3] Femi Otedola - N1Billion
4] Tony O Elumelu - N1Billion
5] Herbert O. Wigwe - N1Billion
6] Segun Agbaje -. N1Billion
7] Jim Ovia - N1Billion
8] Aliko Dangote - N1Billion
9] TuFace Idibia. - N10million
10] Folasade Alakija - N35m (Worth of items).
11) Runtown -10Million

Corporate Donations:
1) Access Bank - 1Billion naira
2) GT Bank - 1Billion naira
3) Zenith Banks - 1Billion naira
4) NNPC - 11 Billion naira
UBA- -5billion naira..



Kenya - begging for IMF funds..

SA 3 richest men donated over $175 million

TayserMahrii:


Not bad...
For me the music is everything. My ride is a moving disco

kenya still uses right hand drive?

U're really loyal to ur colonial masters.

theenchanter:
kenya still uses right hand drive?

U're really loyal to ur colonial masters.

There is big difference btw Ghana or Nigeria backwater and Kenya prudent financial management.
Kenya has been on or wanted to be on an IMF STANDBY facility for exactly this kind of situations.
Initially, we had 1.5B dollars credit line opened...in case we need to tap into it...we never needed it.

Now we need it...to deal with COVID-19.

It's an INSURANCE policy different from the usual Ghana bailout.

If you want to know countries that will go under.

Obvious case - Nigeria- Oil at 10-20 dollars. That country's economy is done. Gone. The likes of Angola and oil dependant countries will see their GDP get huge hits.4

The rest watch their currency depreciation...Cedis we know the story. It similar to Zambia Kwacha.

Kshs took a small hit of 5% to 107 to a dollar..it back up to 104/105...from usual 101/102.

Naira..black market rate is already past 450 . Official rate now up from 305 to 360. Bank rate is approaching 400 naira to a dollar.

Danielnino00:


We saw the first round of drama when Uhuru telephoned the IMF and begged for funds when u confirmed your first case.... Your debt to GDP figure was already over 50%. When it reaches 70%,what will you do ?

Danielnino00:


You can't get it child... U are too ignorant...

Weren't you born yesterday?

Nigeria at its best average over 10% GDP growth.... Your projected 6% growth is still too little to be of much help to ur debt ridden economy.... Do u know how much South Sudan economy is projected to grow this year? If you did,u would be ashamed of Kenya...

Those days are over the days when oil was the black gold
When last did your Nigeria's economy grow past 3%
The same way Libya economy is growing at 26%

Danielnino00:


Despite having all that(airports,seaports, bla bla) Mombasa can't measure up to Lagos economically,so what's your point?
The whole of Kenya can't measure up to Lagos economically....

Mombasa port is bigger than any port in Nigeria boy

theenchanter:
kenya still uses right hand drive?

U're really loyal to ur colonial masters.

there's nothing special to it.

You're asking Dangote to build roads and now business are fund raising to fight Corona That is sign of a primitive economy. This is a gov job. Gov collects taxes to build roads and fight diseases. GOV DOES NOT BEG OR RECEIVE DONATIONS from business men. Nigeria business and their businessmen...should simply do one thing..they don't....PAY TAXES.

Kenya gov has responded to COVID with raft of fiscal and moniteray policy - not a begging bowl to business men. Including lowering the interest rate *CBR to 7.5% per annum (Ghana and Nigeria will get here in year 2050). We have reduced some taxes and will be cutting the expenditures.

You don't beg Dangote to build you a road or fund a hospital - you taxes 30% of his income.

obaaderemi:
How true is this? A while ago, the little Indian scoundrels were throwing cheap shots at Ghana for getting IMF help.

Austine1212:

How much is it in US dollars?

More than $50m.

Danielnino00:
COVID-19 Relief FUND Donation by Nigerian individuals and cooperate bodies...

1] Atiku Abubakar - N50million
2] Abdulsamad Rabiu - N1Billion
3] Femi Otedola - N1Billion
4] Tony O Elumelu - N1Billion
5] Herbert O. Wigwe - N1Billion
6] Segun Agbaje -. N1Billion
7] Jim Ovia - N1Billion
8] Aliko Dangote - N1Billion
9] TuFace Idibia. - N10million
10] Folasade Alakija - N35m (Worth of items).
11) Runtown -10Million

Corporate Donations:
1) Access Bank - 1Billion naira
2) GT Bank - 1Billion naira
3) Zenith Banks - 1Billion naira
4) NNPC - 11 Billion naira
UBA- -5billion naira..



Kenya - begging for IMF funds..

It is govt responsibility to fight coronavirus
Not the rich guys In the society

Just40:
your broke economy is already running to the IMF for 1 billion dollars plus without even a single case as at when they applied.

while at it, you also owe Tullow 2 billion dollars that you cant pay

Guy an lies

Nigera Gov budgeted revenues is like 90% Oil - Oil revenues have dropped dead. Their gov is broke. Everyone knows that...so I guess fundraising is probably not a bad idea after all. If they had brains - they would tax those guys with so many extra moneies - they will have nothing left to donate. Instead like in Kenya they would be running all over trying to negotiate for fair taxation.

tylann:

It is govt responsibility to fight coronavirus
Not the rich guys In the society

Nigeria budgetted on a 45 dollars oil price and oil is down by more than 50% of that price meaning a 50% shortfall

Nigeria is casing in big on saving from the usual subsidy it used to provide, thereby filling that 50% shortfall.

In other words, Nigeria has lost nothing because they are a big oil consumer.

the difference is that, Kenya is dead broke WHILES both Ghana and Nigeria have enough money to last us a year without touching our reserves.




Kenya will come out of COVID with a lot of debts

rvp20182:
There is big difference btw Ghana or Nigeria backwater and Kenya prudent financial management.
Kenya has been on or wanted to be on an IMF STANDBY facility for exactly this kind of situations.
Initially, we had 1.5B dollars credit line opened...in case we need to tap into it...we never needed it.

Now we need it...to deal with COVID-19.

It's an INSURANCE policy different from the usual Ghana bailout.

If you want to know countries that will go under.

Obvious case - Nigeria- Oil at 10-20 dollars. That country's economy is done. Gone. The likes of Angola and oil dependant countries will see their GDP get huge hits.4

The rest watch their currency depreciation...Cedis we know the story. It similar to Zambia Kwacha.

Kshs took a small hit of 5% to 107 to a dollar..it back up to 104/105...from usual 101/102.

Naira..black market rate is already past 450 . Official rate now up from 305 to 360. Bank rate is approaching 400 naira to a dollar.

You seem to be aged but not grown any wiser!

Nigeria budgeted oil at 60-65. Not 45. The hit on their economy and gov is so huge - there is no need to debate that.

Gov revenues (90%) from oil - getting such a huge hit - and plus Debt Servicing ratio that was already at 75% - plus Naira has collapsed. The remittance won't be coming with developed world in trouble.

MAN - NIGERIA IS DEAD AS DODO. KAPUT!

Let talk about Ghana -

Just40:
Nigeria budgetted on a 45 dollars oil price and oil is down by more than 50% of that price meaning a 50% shortfall

Nigeria is casing in big on saving from the usual subsidy it used to provide, thereby filling that 50% shortfall.

In other words, Nigeria has lost nothing because they are a big oil consumer.

the difference is that, Kenya is dead broke WHILES both Ghana and Nigeria have enough money to last us a year without touching our reserves.




Kenya will come out of COVID with a lot of debts

rvp20182:
You're asking Dangote to build roads and now business are fund raising to fight Corona That is sign of a primitive economy. This is a gov job. Gov collects taxes to build roads and fight diseases. GOV DOES NOT BEG OR RECEIVE DONATIONS from business men. Nigeria business and their businessmen...should simply do one thing..they don't....PAY TAXES.

Kenya gov has responded to COVID with raft of fiscal and moniteray policy - not a begging bowl to business men. Including lowering the interest rate *CBR to 7.5% per annum (Ghana and Nigeria will get here in year 2050). We have reduced some taxes and will be cutting the expenditures.

You don't beg Dangote to build you a road or fund a hospital - you taxes 30% of his income.

Keep your ignorance and lies to yourself,Little indian.
Even in India, the government is asking for donations. All over the world private individuals and businesses are donating.

SupaMoist:


Whatever blog article your talking of is obviously bullsh1t without evidence per usual. The concept of the possibility of a mass burial is currently happening in the USA, Italy, Spain etc. Nigeria has yet to dig any "mass burials" or to even need them at all. Why do you even bother lying so much when you can easily be busted with simple research? How shameless can you get?

Let's take a look at some current provable evidence How Nigeria is handling Covid 1-2 vs Kenya's handling Covid 3-4

jln115:

You can leave the house??.... Over here we are stuck at home 24/7...at least I'm at my folks farm, so it ain't that bad!!

And I get time to give this bad boy some tlc :

@Samorobo I know you like beautiful cars....so here's one of mine!! enjoy!

Lol don't call this beautiful..call it ugly ....

I thought you had taste Boer..

Just40:
Nigeria budgetted on a 45 dollars oil price and oil is down by more than 50% of that price meaning a 50% shortfall

Nigeria is casing in big on saving from the usual subsidy it used to provide, thereby filling that 50% shortfall.

In other words, Nigeria has lost nothing because they are a big oil consumer.

the difference is that, Kenya is dead broke WHILES both Ghana and Nigeria have enough money to last us a year without touching our reserves.




Kenya will come out of COVID with a lot of debts

It would be very hard for countries like Kenya to remain balanced economically during and after the dust settles following the coronavirus pandemic if you factored in natural disasters like droughts and locust invasions.

mtisTheQubit:

Guy an lies

Again

Ghana enquire to access their funds and they said NO because we are not in need of it.




Ghana has already provided 100 million dollars for it own relief
whiles corporate Ghana provide support to the hospitals.

I kept telling you guys that your economy was exposed to so many shocks.

jln115:

Do you really want my apology?

Why do you keep making things difficult for yourself, with silly question....

Yes I made that clear in the post you just quoted black boer

Good for them - a sign of primitivity not the less- and hardly something to be proud of it. Gov has the tools to fight diseases. Gov instead of begging - can tax the hell out of rich men to finance the poor men.

obaaderemi:
Keep your ignorance and lies to yourself,Little indian.
Even in India, the government is asking for donations. All over the world private individuals and businesses are donating.

jln115:
Yes very......especially the number plate part that you said was Nigerian!

If you want me to talk about the plate number then you know what to do...by the way I was admiring the beautiful black sedan car ..lol it is such a beauty ..

Justnotyou:


there's nothing special to it.

the blue are those that drive on right hand while the red are those that drive on d left hand.

U just shot urself.. learn ur sources carefully before posting 'em.

tylann:

It is govt responsibility to fight coronavirus
Not the rich guys In the society

But if the society has the responsibility to help where they can

tylann:

It is govt responsibility to fight coronavirus
Not the rich guys In the society

And government is fighting it slings private and big business help. Do you see why people consider you immature?
Don't let rvp, the illiterate roadside economist infect you.

What is 100m dollars?

Just40:


Again

Ghana enquire to access their funds and they said NO because we are not in need of it.




Ghana has already provided 100 million dollars for it own relief
whiles corporate Ghana provide support to the hospitals.

I kept telling you guys that your economy was exposed to so many shocks.

tylann:

It is govt responsibility to fight coronavirus
Not the rich guys In the society

i hope u posted this as a joke and not for real?

TayserMahrii:


Remr you were telling me to tell you something few days ago? What was that you wanted to hear? Could be the same thing you are wanting to hear from Jln

You are one confused living being
.there is a difference between me having to say something (in the case of jiln5) and having to hear you say something weasel..

Just40:


Again

Ghana enquire to access their funds and they said NO because we are not in need of it.




Ghana has already provided 100 million dollars for it own relief
whiles corporate Ghana provide support to the hospitals.

I kept telling you guys that your economy was exposed to so many shocks.

Lie to your fellow WAs ...

IMF’s African Department director Abebe Aemro Selassie today made the following statement:

“Last week, the IMF received Ghana’s request for a disbursement under the Rapid Credit Facility to help the country address the economic impact of the COVID-19 pandemic. We are working hard to evaluate the authorities’ request and bring it forward for Executive Board consideration as soon as possible.”

Easy-open your google SE - and type Nigeria economy - and click news tabs. Your gov without oil money is dead. Your economy without oil is dead. What is left is Dangote and the likes to try to rescue you. Wait for inflation and devaluation.

obaaderemi:
And government is fighting it slings private and big business help. Do you see why people consider you immature?
Don't let rvp, the illiterate roadside economist infect you.

rvp20182:
You seem to be aged but not grown any wiser!

Nigeria budgeted oil at 60-65. Not 45. The hit on their economy and gov is so huge - there is no need to debate that.

Gov revenues (90%) from oil - getting such a huge hit - and plus Debt Servicing ratio that was already at 75% - plus Naira has collapsed. The remittance won't be coming with developed world in trouble.

MAN - NIGERIA IS DEAD AS DODO. KAPUT!

Let talk about Ghana -

Again you dont understand the oil market

Nigeria is the single largest consumer of oil products on this continent.
They are also producers and their 2020 budget was 45 dollars.

Their savings on a 20 dollars oil price from the current subsidy program has ofset the revenue loss.

Yes that another name for BAILOUT - Rapid Credit Facility

Kenya want Standby Credit Facility - INSURANCE.

mtisTheQubit:

Lie to your fellow WAs ...

IMF’s African Department director Abebe Aemro Selassie today made the following statement:

“Last week, the IMF received Ghana’s request for a disbursement under the Rapid Credit Facility to help the country address the economic impact of the COVID-19 pandemic. We are working hard to evaluate the authorities’ request and bring it forward for Executive Board consideration as soon as possible.”