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Nairaland Forum / Nairaland / General / Politics / Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode (1241461 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 rvp20182: 4:48pm On May 08, 2023 |
It depends. If you were exceeding your OPEC quotas - definitely refining would be profitable. For now all the refining profit - will go to Dangote - as he is choking in debt - and need to repay 26b dollars. So Nigeria need to race towards overproduction of crude oil - so the excess beyond OPEC quotas - can be directed to Dangote. Oil has not much future in the next two decades. GeneralDae: |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Obaaderemi2: 4:54pm On May 08, 2023 |
GeneralDae:It's a win win situation for Nigeria. Landing cost and importing other countries' taxes will be a thing of the past and there will also be export of petrochemical products to earn forex, and of course jobs will be provided for thousands. Forget what that ignorant little Indian is saying. 3 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by ItooWorWor(m): 4:55pm On May 08, 2023 |
rvp20182: Lies Kenya cement sales for more than 600ksh at retail. And where did you get 10dollar for Nigeria cement |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by ItooWorWor(m): 4:57pm On May 08, 2023 |
rvp20182: Says who |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 5:01pm On May 08, 2023 |
Price of Dangote cement for 50kg (1 bag) – NGN 3,600 – NGN 4,500. Kenya cement is 600shs - 5 dollars. ItooWorWor: |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 5:03pm On May 08, 2023 |
rvp20182:26 Billion dollars debt? Lol. Dangote himself has spent over 7 Billion dollars on this project. 95% of the lenders are Nigerian Banks and at least 75% of the funds come from Nigerian Banks whose CEO's are Dangote's business cliques. So no much pressure as they could decide to reduce their interest rates through negotiations. This is the advantage because there is very little funding from outside Nigeria. Dangote already agreed with Nigerian Government a few years ago to buy a part in naira and supply that part in naira. Oil has not much future in 20 years? Lol. Don't be fooled, oil would be relevant in the next 50 years. 3 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 5:06pm On May 08, 2023 |
You think Dangote spend his 7 billion without expecting to earn profit. Continue with Oil - you've been at it - since 1950s - with little to show for it. Kenya we have officially discontinue oil exploration and production. We are going to become Africa 1st Net Zero carbon emitter. Oil has no future - wait until all the cars become electric. GeneralDae: 1 Like |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 5:08pm On May 08, 2023 |
By 2030 - China would have turned half their cars to EV - Europe and others will be on it too.
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Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by gallivant: 7:26pm On May 08, 2023 |
Estimates, please don't attack the messenger. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Kazikazi: 7:36pm On May 08, 2023 |
gallivant:son,take out Sudan.it's a shithole. South Sudan they must pray the oil pipeline shouldn't be attacked,if the pipeline is attacked, then we will have 2 shitholes manufacturing refugees like no man's business |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 7:51pm On May 08, 2023 |
A booming real estate sector with focus on the upper end multifamily units and a booming manufacturing sector. https://www.youtube.com/watch?v=YBS9DodCZNc https://www.youtube.com/watch?v=HN7M5DRGKis
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Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 7:54pm On May 08, 2023 |
rvp20182:Cars a not the largest consumer of fuel Plus Africa will keep using combustion engine for 100 years to come |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 8:27pm On May 08, 2023 |
The largest automotive plant in Ghana with a 70,000 capacity https://www.youtube.com/watch?v=YbdJSzshiXc 2 Likes 1 Share |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 10:27pm On May 08, 2023 |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by ImpregnaTor(m): 10:58pm On May 08, 2023 |
rvp20182:I love this guy He seem to know a lot When will Nigeria take off? Honest prediction |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by samorobo: 11:06pm On May 08, 2023 |
rvp20182: No let me put it plainly and unapologetically. Dangote refinery will save our forex Dangote refinery will SAVE our economy and boost it beyond the scope your mind can fathom Dangote refinery will save Africa’s economy most especially the west. Dangote refinery will make us net exporter of refined crude oil. Dangote refinery will host our gas supply and power generation. Dangote refinery will provide up to 500k jobs. Dangote refinery will skyrocket our GDP. Any more lectures or are you comfortable in dwelling in that dark reality that guarantees your peace of mind. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by samorobo: 11:07pm On May 08, 2023 |
rvp20182: Bla de bla of a goat. Thou child of hate dangote refinery is saving Nigeria and Africa. The whole world knows this,free your mind off that hate and doom and try breathing for once in your life |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by AfriqueDuZuid: 12:12am On May 09, 2023 |
rvp20182: It's actually 32% now |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 5:12am On May 09, 2023 |
ImpregnaTor:2060..southern Nigeria can take off today if gov fixes electricity,insecurity and basic infrastructure. The north is hopeless.North need to stop breeding like rats n to start going to proper schools..not madrassa. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 5:17am On May 09, 2023 |
Kenya outward investment at 2 billion dollars..now focused to Ethiopia..from usual Tanzania and Uganda.I believe outside of fast retreading South Africa Kenya is sub Sahara biggest internal investor.Nigeria I doubt has the depth and consistency outside banks and dangotes.https://nation.africa/kenya/business/ethiopia-topples-uganda-tanzania-for-kenya-investments-abroad-4227900 |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 5:20am On May 09, 2023 |
AfriqueDuZuid:10 percent have given up looking for jobs..expanded unemployment is 43%.South Africa continues to self imolate. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Obaaderemi2: 6:43am On May 09, 2023 |
rvp20182:Your investment in Ethiopia is about $500m and it's mainly banking and safaricom. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Obaaderemi2: 6:46am On May 09, 2023 |
ImpregnaTor:He doesn't know anything. When Kenya was borrowing and spending the loans like a drunken soldier we told him his country was borrowing to pay salaries and would soon be broke. He wrote lengthy articles to counter us. Now Kenya owes salaries and is on the brink of default. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by AfriqueDuZuid: 7:05am On May 09, 2023 |
Just40: CAPACITY key word |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by AfriqueDuZuid: 7:27am On May 09, 2023 |
7 rvp20182: On all countries those who have given up is not included in the official unemployment rate. Many countries include the informal sector employment including kenya South Africa does not, it uses the International standards used by major economies |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by AfriqueDuZuid: 7:31am On May 09, 2023 |
rvp20182: SA investment is only beat by only USA, China, UK, france, Germany i think also Netherlands UAE |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by AfriqueDuZuid: 7:36am On May 09, 2023 |
rvp20182:
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Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 7:36am On May 09, 2023 |
Obaboon, you are really trying to shine Let get some facts right. 1) Debt is not a problem. It's a leverage. 2) Uhuru regime in 2013 - inherited debt at very low levels - 40% or so to gdp - with debt servicing at 24% - that is what Kibaki handed him. 3) Uhuru was right to borrow - until 2018/2019 - when we started crossing 50% to debt gdp - 30% debt servicing ratio. 4) From 2018/2019 - I told Uhuru gov to go slow - to switch to debt refinancing or debt management - basically borrow to repay loans. When it come to Nigeria - you debt problem has always been an issue - delayed salaries and unpaid pension are as old as Nigeria. Evidence is here in this thread - 2019 this is what I said - way before covid. Obaaderemi2: 1 Like
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Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 7:41am On May 09, 2023 |
AfriqueDuZuid:Definitely Another Kenya wording is, they will produce 30,000 cars in operational year 2023 |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 7:42am On May 09, 2023 |
Obaboon, now that you have my attention. If I recall from 2018 - everyone in kenya with half a brain - knew kenya was once again starting to go back old 1990s (Nigeria is permanently stuck in a mess - you wont know). We told Uhuru to stop borrowing - and focus on debt management. But well he wanted to steal before he retired - so didnt do quite a good job in managing our back Let go back to this thread- this is 2019. https://www.nairaland.com/3327789/kenya-ahead-nigeria-all-aspect/5527#83528815 |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 7:44am On May 09, 2023 |
Unemployment is unemployment - it doesnt matter if formal or informal - you're simply asked if you did anything the last few weeks. It appear South Africans just sit and wait for welfare cheque? or depend on parents? Most of unemployment is on black youths. Meanwhile foreigners who come to South Africa - hustle - and are the RSA informal economy - Zims & Somalis. Black South Africa have huge cultural problem - they dont have usual Africa entrepreneurship or informal hustling. The Boer seem to have emasculated South Africans black. AfriqueDuZuid: |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 7:47am On May 09, 2023 |
That was few years ago. I think you're now mostly retreating and divesting. Again when it comes to Africa countries investing in other Africa countries - Kenya is second to South Africa. AfriqueDuZuid: |
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