Shma:

Good luck with that. Senegal, Ivory Coast, and Ghana are also eying on that.


Kenya is not doing well in football, at the moment. But we might host it probably maybe earlier than Nigeria.

obaaderemi:
The problem Kenya has now is it's lack of essential mineral resources like Nigeria and Ghana. Mineral resources have rebounded seriously these days when most African countries are reeling seriously from the effects of covid and Ukraine war.
Before now, most African countries have racked up massive debts. Countries that lack mineral resources to export are going to have a lot of problems like Kenya is facing currently. How are they going to pay back the debts incurred to build all the Chinese infrastructures they gloat about here?
Now they can't even meet up with subsidies for fuel.

Kenya's prognosis are indeed frightening. I told them years ago that there was no way they could sustain a 50m population on a < $100bn economy. They hated and insulted me for it, calling me all kinds of names. Now the shitt has hit the fan and ordinary Kenyans are crying.

gallivant:


Give us a break, you couldn't even host the youth athletics. But guys go ahead and build more stadiums, for economic prosperity.

rvp2018:
You're being sold fuel most countries banned 30yrs ago...including kenya
The last lead fuel sold in Kenya was maybe 20yrs ago.
And strangely your crude is one best because it has no sulfur or lead.
You export best crude and import the dirtiest of refined oil
End result - health problems - car problems.
The petrol you import is even dirtier than ones I saw being sold on the streets from bush refineries.
At least bush refineries are using sweat crude....that Nigeria sell to US and rest of world.

https://www.theguardian.com/global-development/2020/jul/01/petrol-sold-to-nigeria-from-europe-dirtier-than-black-market-bush-fuel

They found that on average the fuel exceeded EU pollution limits by as much as 204 times, and by 43 times the level for gasoline.

Illegal refining: Port Harcourt residents choked, remain in endless battle with soot
Dennis Naku
26 March 2022

dreamxhaser:


See mumu, we will beat the indians hands down.

How can our refined oil be expensive like that of Kenya? We are an oil producing country for Gods sake, while Kenya isn't . You morons should realise our refined oil will even be cheaper than the ones imported.

rationalhuman:
Okay Bro, Allow me though this week or so i am very busy but once i will get some time, i will come back and respond.

Petrochemical is my core by Automation segment. I have been working all over the world (in petrochemicals for 12 years).
I will tell you why it is almost impossible for even France with Total and Britain with its BP to Beat Indians in petrochemical industry(They are the master in that field but they don't try to show off).
My post will be very detailed one with a lot of onsite details images (taken by myself during commissioning, production , testing from actual Petrochemical complexes all over the world).

I hope i will be able to clear that doubt for you.

rvp2018:
How do you plan to beat India and likes of South Korea very efficient refineries? You'll likely be buying very expensive oil. Kenya we had a refinery until 10yrs ago but it more expensive to buy kenya refined oil than import refined oil.

Dangote has built a refinery in Lagos - and will have to ship the crude oil from south east - and you can bet his refined oil will be more expensive that oil that land in Lagos.

And of course because you've total inefficient downstream business - by the time - oil snake itself from Dangote refinery in Lekki to your petrol station - it will have incurred days if not months of transport and storage.

In short you cannot beat Indians in refinery business - focus on building the internal downstream infrastructure.

rvp2018:
This most nonsensical post of the day.
The economy is not just manufacturing - it's the entire spectrum of economic activities - from agriculture, education, healthcare, transport, construction, real estate, hotels & accommodation, retail & wholesales, trading,
A country that develop sustainably does so by developing all these sectors - they diverse their economy.
So that if you get a problem in agriculture (say drought or disease) then retail & wholesale will sustain you.
If you have problem with tourism (due to covid-19) - the other sectors can sustain you.
Of course manufacturing is very important - because it's highest multiplier (of 10) - meaning one manufacturing job will create 10 jobs
And to get manufacturing working - you need basic of electricity (cheap), roads & railways, and of capital (investment).
Countries that have pursued what you're suggesting - import substitution (replacing imports with domestic goods) have not gone anywhere.
In fact those that had contrary thoughts - export led manufacturing - are the ones that have developed.
That seek first to manufacture and export - to rich countries - use the money you get from export to develop - and grow economy
Once you're rich - then you can manufacture for domestic economy.
If you start from manufacturing for your local economy - who will buy those things - yet people are POOR?
The same for food - dont grow flowers - grow yams.
But if people are poor - who will afford your yams? It's better if we grow flowers, get the dollars, use it to buy yams from you.
In short Africa countries should follow beaten path - that South Asians have proven - export led manufacturing.
Manufacture these stuff you dont need that people out there need first- for example Veitnam are making 12B dollars manufacturing bicyles for export.We dont biycle in Africa - but Europe need bicyles - and they are paying money for it. We surely can build bicyles.
From the proceeds of exports - grow your local economy until the time people are rich enough - to afford manufactured goods.
Import substitution FAILED in 1980s in Africa.
Stupid Nigeria and Ghana now are REPEATING THE SAME MISTAKES.
Nigeria and West Africa with excess labour should be doing what Veitnam and Bangladesh are doing now - export-led manufacturing.
Kenya too is not seriously engaged in this....and we know have about 15M idle labor force that should be manufacturing things for export.

GeneralDae:

Nigeria also is not exporting enough finished goods.

rvp2018:
Infact they would have fared much better if they stuck with palm oil - where they were world leaders during colonial period. Palm oil value chain is great - from farm - and it's used to manufacture almost 1000 of finished goods - maybe apart from metalic or wooden things - everything has some palm oil in it - and Malyasia/ indonesia have benefitted greatly. But Nigeria dropped everything and got high on crude oil - military left the barracks and joined the party - and the country is still high when oil prices go high - but mostly dealing with withdrawal symptoms.

Natural resource curse or the Nigeria curse.

And the Obaboon is wishing Kenya was suffering from the same fate

rvp2018:
There are so many indices by so many bodies that clearly shows Kenya is ahead. Common sense alone would tell you that a barren country without arable land or natural resources - and doing so well like Kenya - can only be because of HUMAN Resources.

Subsaharan:


Can your Human Resources be compared to that of Nigeria?

Nigeria has Oil &Gas, Iron, Gold, Bitumen, Uranium, Tin, arable land(one of the largest on the continent

Mention the ones your country has?

Better put respect on the name(Nigeria) when you're speaking. we nor be your mate

Subsaharan:


Can your Human Resources be compared to that of Nigeria?

Nigeria has Oil &Gas, Iron, Gold, Bitumen, Uranium, Tin, arable land(one of the largest on the continent

Mention the ones your country has?

Better put respect on the name(Nigeria) when you're speaking. we nor be your mate

GeneralDae:

Yeah, when Kenyans say human resources you'll think their humans (the Kenyans) are the most innovative in the continent. They are doing okay no doubt but RVP is exaggerating this human resources thingy.

Subsaharan:


Nigerians are the largest contributors as far as human resources are concerned in this continent.

The exploits of our doctors and teachers are just a few to be mentioned.

so when he talks about human resources and compares his country with Nigeria, he must be living on a different planet

Subsaharan:


Nigerians are the largest contributors as far as human resources are concerned in this continent.

The exploits of our doctors and teachers are just a few to be mentioned.

so when he talks about human resources and compares his country with Nigeria, he must be living on a different planet

GeneralDae:

Probably he means Kenyans are able to attract more foreign investors who settle in Kenya and build there. But then again when you look at it, the Kenyan FDI is still a joke. The Kenyan economy confuses me sometimes.
They definitely need resources, no two ways about that. Maybe if they are humble on this forum, Just40 would lend them some Ghanian gold while we supply them some yams.

rvp2018:
You dont understand squat about human capital.
A few doctors or engineers will not cover Nigeria unclothedness where millions of kids are outside school
Millions others are in Almajiri informal muslim schools.
And your country education is one sick joke.
Health sector is almost dead.
Nothing works.

Now kenya very high HCI stems right from it's historical focus on education.

rvp2018:
Kenya is source of FDI to the region. 2nd after South Africa. Most FDI you see in Africa is mineral extraction. It produces almost zero multiplier effect. It just someone coming to extract minerals, pay a few royalties to your gov, and export it. Now if someone come to kenya - with less FDI - but it invested in sectors that have greater mutliplier - say manufacturing plant - the impact will be 10 times more.

That is why YOU CANNOT UNDERSTAND KENYA thriving economy. Forget about minerals - it never took anybody anywhere - and invest in your people.

rvp2018:
One issue at time - we got all the time.
Russia gdp per capita =10,126.72 USD (2020)
That is South Africa level...that is middle class or third world..because we dont have second world.
First class or developed countries start at 12,000usd per capita.
Africa maiden developed country is Mauritus.
Russia is a 3rd world country with nuclear weapons.
Having 10K per capita is a sick joke.
US and Europe have per capita of 40-50k!!!!!!!!!!! 4-5 times more than Russia.
US anybody earning less than 20K is considered poor and receives a welfare cheque.

Natural resources never made anyone rich.
It's adding value to natural resources that make people rich.

Otherwise Nigeria and DRC would be richest countries in the world.

theenchanter:
Kenya is not in top 10.

Egypt is 1st with $56.2b

GeneralDae:

Probably he means Kenyans are able to attract more foreign investors who settle in Kenya and build there. But then again when you look at it, the Kenyan FDI is still a joke. The Kenyan economy confuses me sometimes.
They definitely need resources, no two ways about that. Maybe if they are humble on this forum, Just40 would lend them some Ghanian gold while we supply them some yams.

rvp2018:
You can get any stupid list online. First understand the subject.

rvp2018:
Kenya is source of FDI to the region. 2nd after South Africa. Most FDI you see in Africa is mineral extraction. It produces almost zero multiplier effect. It just someone coming to extract minerals, pay a few royalties to your gov, and export it. Now if someone come to kenya - with less FDI - but it invested in sectors that have greater mutliplier - say manufacturing plant - the impact will be 10 times more.

That is why YOU CANNOT UNDERSTAND KENYA thriving economy. Forget about minerals - it never took anybody anywhere - and invest in your people.

kikuyu1:


The pity is the combined brainpower of your dusty fangirls can't comprehend what this means even if they tried continuously for 300 years.

rvp2018:
There are so many indices by so many bodies that clearly shows Kenya is ahead. Common sense alone would tell you that a barren country without arable land or natural resources - and doing so well like kenya - it can only be because of HUMAN Resources.

Subsaharan:


Nigeria has a population of 200M, that's the market the manufacturing sector would serve before export.

Nigeria produces a lot of goods but exports predominantly energy because Nigeria is the market.

Nigeria has 600Tcf of gas (cheap energy) to support its manufacturing sector.

the AKK gas pipeline is close to completion, it would aid in reviving a lot of manufactories adding 10s of millions of jobs lost in the 80s and 90s to cheaper Chinese alternatives.

No country on this continent has the advantage of Nigeria.

Cheap energy, market.

China, India, and Europe are energy-dependent, and Nigeria is not.

Nigeria's economy is currently been recalibrated, even Nigerians are unaware

obaaderemi:
Minerals never help anyone, yet south Africa thrives on it and Nigeria with all the corruption and mismanagement has a higher GDP per capita than little India despite having over three times the population.
Without oil, do you think Saudi would be as rich or powerful as it is?