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Nairaland Forum / Nairaland / General / Politics / Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode (1168277 Views)
Fayose Shuts Down Access Bank Branch Over Fani-Kayode's Wife's Detention / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) / What Buhari Promised Nigerians Vs What He Has Delivered - Kenyans Blast Nigerian (2) (3) (4)
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Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shaytun: 8:40pm On May 12, 2023 |
Shma2023: Nope. Safaricom is not bigger that NNPC limited and NLNG. But both are not listed and traded on the stock exchange . 1 Like |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by ItooWorWor(m): 8:40pm On May 12, 2023 |
GeneralDae: It has no real competition in the East. 1 Like |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 8:40pm On May 12, 2023 |
GeneralDae:This has nothing to do with anything. I mean; our huge disparity in exchange rate will mean poor micro - economy and perhaps terrible leadership. That's not the point. The point is what I've just emboldened. You have cemented my statement. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 8:41pm On May 12, 2023 |
Shaytun:It is. Just get your facts right. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shaytun: 8:42pm On May 12, 2023 |
GeneralDae: Then safaricom is a foreign company then. Vodafone/vodacom is the largest shareholder at 40%. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 8:43pm On May 12, 2023 |
Shaytun:Exactly and NNPCL, NLNG are two of the top companies in Nigeria alongside MTN Nigeria and Dangote. NNPCL is bigger than both MTN and Dangote. Hopefully they get listed this year as planned. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by vankelvin: 8:43pm On May 12, 2023 |
gallivant:Swallow your pride and look at the chart again. This is not a ranking according to 1st to last position but rather according to the % of water access to Rural and Urban centers. look well 2 Likes
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Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 8:44pm On May 12, 2023 |
Just40:Look at this dwarfian. $32B to $6B is now appreciation! Mad cow, are you still high on expired anoaconda soup or something? |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 8:45pm On May 12, 2023 |
GeneralDae: You literally buy his Bs even without Fact-checking and dropping the Apples for Apple link! What kind of debate is this? |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shaytun: 8:48pm On May 12, 2023 |
Shma2023: How ? NNPC PBT is almost up to Safaricom entire revenue. So how can safaricom be bigger that NNPC. NLNG controls 10% of the entire LNG market in the world and posted revenue in excess of 9 billion dollars, that’s almost your entire stock exchange value. 2 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shaytun: 8:49pm On May 12, 2023 |
Shma2023: NNPC is literally the biggest oil company on the African continent. https://dailytrust.com/nnpc-ltd-we-raised-profit-by-134-recorded-n674bn-in-2021/ |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 8:49pm On May 12, 2023 |
Shma2023:It's a fact. While MTN and Dangote were not amongst the top 4 tax paying companies from their revenues in Nigeria for 2022, NNPCL was number one and I think NLNG was number four. (I'll check for the link again). MTN was number 5 and Dangote around same level ( if you exclude his many tax rebates). So no way MTN Nigeria can be bigger than both companies. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 8:51pm On May 12, 2023 |
GeneralDae: NOPE! A company is only foreign if the government has zero or less of other shareholders stake. If the government owns huge amount of shares ; and they have the control of who owns(eg, kenyans owns nearly Quater of Saf, and our govent does nearly twice that) what and what goes where when and how ; then you don't say because a certain org has a certain shareholding then the company is wholly shared. No! |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 8:52pm On May 12, 2023 |
Shaytun: Is almost up to does not equate to entirely equal. Is English the issue here or what? Please ; you can also back your assertions up with a legitimate link. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 8:53pm On May 12, 2023 |
Shaytun:Amazing! I like that. So how much is it worth? |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 8:55pm On May 12, 2023 |
GeneralDae:Apples for Apples. This whole idea of bringing companies not listed is what we call; as you had describes "clutching at straws" NLNG is not currently the biggest company by market capitalization in Nigeria; right? |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shaytun: 8:56pm On May 12, 2023 |
Shma2023: Hogwash!! Your Government is not the Largest shareholder in Safaricom, that honor belongs to Vodafone/Vodacome, they hold the controlling stake. Same way the Nigerian government own 30% stake in Dangote Refinery, yet we all know who will really dictate the tune in the company. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shaytun: 8:58pm On May 12, 2023 |
Shma2023: That NLNG controls 10% of the entire LNG market in the world? Read more about the company here. https://www.nigerialng.com/media/Publications/2022_Fact_and_figures_on_NLNG.pdf 2 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 9:01pm On May 12, 2023 |
Shma2023:what is 5 to 6? Glaucoma is your problem or intoxicated by cow blood Lunatic |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shaytun: 9:04pm On May 12, 2023 |
GeneralDae: I can't wait for NNPCL to be listed on the stock exchange, either this year or next year. Some analyst have put it's Market capitalization at around 50 trillion naira, that's around $108 Billion. https://punchng.com/nnpc-worth-n50trn-can-be-listed-on-stock-exchange-ecowas-don/ |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shaytun: 9:06pm On May 12, 2023 |
Shma2023: NLNG will be the second after NNPCL when they are eventually listed, Analyst have estimated NNPCL market capitalization at around $108 Billion, that's almost your entire economy Shma2023 . |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 9:08pm On May 12, 2023 |
Shaytun: Buffoon. You're making this debate to look like word wasting context. Don't shrink yourself to hobbit's level. You can do better. It's called foreign cooperate ; individuals being included carries 41% of Safaricom shares. Anything less than 50% of shareholding will dislable the ownership. Government of kenya takes 39% and Vodaphone 35% each. Locals in kenya takes more than 15%. The rest are free float; where the government has the full control over it. https://www.safaricom.co.ke/sustainabilityreport_2018/stakeholder-engagement/shareholders/
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Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 9:08pm On May 12, 2023 |
Shaytun:If they can list NNPCL, NLNG, Dangote Refinery, that would be a new dimension to the Nigerian stock exchange. The likes of Flutterwave and the big fintech plan to list but I don't know when. Probably exchange rate issue. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by ItooWorWor(m): 9:11pm On May 12, 2023 |
Shaytun: When it get listed we go buy share. by God grace. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shaytun: 9:12pm On May 12, 2023 |
Shma2023: Are you sure you understand the meaning of the graphs you are putting Up? You are basically admitting to my submission, Vodacome/Vodafone is the entity with the largest share's in Safaricom, are you disputing this? Because the graphs you are putting up is agreeing with my argument . |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 9:13pm On May 12, 2023 |
Shaytun: HOT AIR. If it's not listed it means it's not worth it. And who fooled you that Oil is booming in market 2023? |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 9:18pm On May 12, 2023 |
Shaytun: I will help De-compound for you because you seem slow. The graph says; the government which is the largest shareholders takes 39%. That means, they are the owners. The same chart also says; foreign corporate takes 41%. That is vodaphone, vodacom and foreign individual investors combined. Vodaphone having the largest shareholder thereunder with a whopping 35%. Thirdly, the same can't says free flaoting space takes about 25% _ meaning, the government is fully in charge of whom to give the stake and who not to. Lastly; local shareholders takes 15%. Meaning, kenyans takes 54%_ at least and that alone is ownership. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Shaytun: 9:20pm On May 12, 2023 |
GeneralDae: One of the greatest disservice ever done to this country by past leadership was the mismanagement of NNPC. The largest African oil company, just look at Sonatrach, and how much it has contributed to Algeria development. The kind of corruption and looting that has taken place in NNPC will make someone weep and lose hope in this country, but at least, it's getting corrected now. NNPC reform started in 2021, can you imagine that between 2021 and 2023, they have almost remitted $10 billion to the federal government, and they are also the one funding the AKK gas pipeline, a project that cost about $3 Billion, and it's already at 75% completion. https://www.makemoney.ng/biggest-oil-companies-in-africa/#:~:text=1.,in%20the%20global%20energy%20market. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Obaaderemi2: 9:22pm On May 12, 2023 |
GeneralDae:And to think Safaricom is not even a Kenyan company but a British majority owned company. This is terrible. Just look at the top 5 companies, they're all so small except Safaricom. And apart from Safaricom again, they're all banks, no manufacturing of anything whatsoever. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 9:23pm On May 12, 2023 |
Shaytun:Exactly. They are funding AKK gas pipeline singlehandedly. Have already spent close to 1.8 Billion dollars. But more reforms need to be done on NNPC though. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Nobody: 9:24pm On May 12, 2023 |
Shaytun:Admitting a problems is the beginning of wisdom. Your NNPC mismanagement rings to the high heaven. You have extracted oil for nearly a century now ; since 1950s there about. You ought to have managed the system well and control the African market. UAE should not be supplying and managing our oil issue when Nigeria is there with huge tonnage production. 2 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Obaaderemi2: 9:25pm On May 12, 2023 |
Shaytun:Any serious government would make heads roll at nnpc. Nnpc not remitting money to the government is one of the reasons we've borrowed so much. |
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