Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,200,875 members, 7,976,266 topics. Date: Wednesday, 16 October 2024 at 12:16 AM |
Nairaland Forum / Nairaland / General / Politics / Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode (1226141 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)
(1) (2) (3) ... (2264) (2265) (2266) (2267) (2268) (2269) (2270) ... (2517) (Reply) (Go Down)
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 9:49am On Jun 22, 2023 |
rvp2018:As usual... Seeking attention Ghana's debt has reduced to 400 billion cedis and GDP has increased to 870 billion cedis. Debt was not the problem of Ghana, last year, currency depreciation was (a sharp Turkey like attack on our currency by Washington) The debt is less than 50% of our GDP as we speak... Next dream pls 3 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by gallivant: 12:01pm On Jun 22, 2023 |
Just40: No sources? |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by AfriqueDuZuid: 12:46pm On Jun 22, 2023 |
Shma2022: That report was Compiled in 2021 using 2020 population figure. Ad 1.98% for 3 years you are well over 55-56 million |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 1:02pm On Jun 22, 2023 |
gallivant:Bank of Ghana with various other news report 2 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by gallivant: 1:53pm On Jun 22, 2023 |
Just40: You are too comfortable with nonsense. 2 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 5:31pm On Jun 22, 2023 |
gallivant:you don't have knowledge to even know what sense is... 1 Like |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Obaaderemi2: 6:00pm On Jun 22, 2023 |
Just40:What do you mean "by Washington"? 2 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Mkenya2019: 7:32pm On Jun 22, 2023 |
He meant their midget of president spend their forex in desperate bid to shore up CEDIS and they went belly up. Obaaderemi2: |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 7:58pm On Jun 22, 2023 |
Obaaderemi2:Washington has a huge Trillions of dollars fund to bet against your currency on the forex market and can crush any currency they want... This is what is happening to the Turkish Lira. They used ESG to do same to the Cedi in the later part of 2022. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 8:02pm On Jun 22, 2023 |
Mkenya2019:You're just stupidly dumb .... When all of it was happening, Ghana's forex was 11 billion dollars Ghana decided not to intervene untill the last month. Ghana ended 2022 with 8 billion dollars in forex and in February it was 6 billion. Currently it is back up at 8 4 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by EKONGKING: 8:46pm On Jun 22, 2023 |
Shaytun: If economy is mentioned by dollars , Nigeria is in 3 rd place , you have already seen dangote drop 4 billion dollars in rich list . |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by dreamxhaser: 9:05pm On Jun 22, 2023 |
EKONGKING: Ahhhh Another olodo Was GDP ever mentioned in Naira? |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by dreamxhaser: 9:09pm On Jun 22, 2023 |
Things I see in this thread can swing from being educative to been stupid. How can someone argue that if GDP was calculated in USD Nigeria will be 3rd. Was there ever a time GDP calculated in a country's local currency? Chaiii |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by AkoniMoipei: 11:13pm On Jun 22, 2023 |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by EKONGKING: 12:50am On Jun 23, 2023 |
dreamxhaser: Is dangore wealth mentioned in naira ,slowpoke. You lot are so stupid ,that u don't know u r stupid. The government needs to school u about basic economics. 2 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by EKONGKING: 1:02am On Jun 23, 2023 |
dreamxhaser: When the currency get devalued by 40 percent ,do as a sane mind expect GDP to remain at the same level . When morons like buhari and ex Cbn governor are in charge,do u expect a change. If at all Nigeria has to survive , Tinubu has to proceed With reforms. Tinubu is and will be a saviour for Nigeria. 2 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Kazikazi: 8:25am On Jun 23, 2023 |
AkoniMoipei:What is he saying? I can't spent my whole 36 minutes listening gossips from black Americans. Sorry |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Kazikazi: 8:37am On Jun 23, 2023 |
EKONGKING:I doubt if your tinibu can freely float the currency and do the necessary reforms to attract foreign investments which was unacceptable too low for a huge Nigerian population There are some reports which were saying about naira being overvalued by a as high as 250%. If naira is floated freely, it might loose value by more than 150%, now imagine how it will affect the GDP figures and inflation,and the pride of being Africa's biggest economy. I don't think the shortsighted folks will accept their ego to die just like that. Expect a lot of resistance when reforms are being implemented |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Kazikazi: 8:43am On Jun 23, 2023 |
Tanzania TZTZ 1 Like
|
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 8:45am On Jun 23, 2023 |
Kazikazi:You are getting it wrong. Naira was devalued in 2016 too. It had minimal impact on GDP. Within a year and as Nigeria got out of recession, value of output in naira terms simply doubled all round to balance out the devaluation. We then got back to around thesame GDP as 2015 before the devaluation and we've been there for a while now. I understand the logic that devaluation of currency should automatically lead to big fall in GDP but it's not a linear relationship. Also, naira has already been floated. At the moment, the black market is cheaper than the official rate already. Black market is 755 naira to a dollar while official is almost 800 naira. So your assertion that they are scared to float freely because of pride is false. Experts say the real value of the naira should even be lower at 600 or 550 when everything settles down. 3 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Kazikazi: 8:46am On Jun 23, 2023 |
Tanzania tztztztztztz
|
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Kazikazi: 11:53am On Jun 23, 2023 |
GeneralDae:am not sure how much it was devalued in 2016,and if it was floated at the time. What we see now issomehow different with the previous devaluations. Currently, they r floating it,and that will lead into massive depreciations unlike the devaluation of the past few years.That's why I said earlier, it will be harder for them to let it float freely Anyway,time will tell,its too early to make the long term predictions |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 11:55am On Jun 23, 2023 |
Kazikazi:No nation in the world allows her currency float freely continuously without intervening at some point in time. Central Bank of Nigeria made it clear they would intervene much later when some backlogs are cleared. For now, naira is still trying to settle. 3 Likes |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Kazikazi: 11:57am On Jun 23, 2023 |
United republic tztztztztztz 1 Like
|
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Kazikazi: 11:59am On Jun 23, 2023 |
United republic TZ TZTZ
|
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by AkoniMoipei: 3:24pm On Jun 23, 2023 |
Kazikazi: Just say you can't understand English. |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by gallivant: 4:08pm On Jun 23, 2023 |
AkoniMoipei: 😂 🤣 |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Mkenya2019: 4:09pm On Jun 23, 2023 |
How long did it last in 2016. What matters is official USD exchange rate at end of 2016. If Buhari chicken out months - GDP remain overstimatd - at least nominal. GeneralDae: |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Mkenya2019: 4:09pm On Jun 23, 2023 |
10yrs still waiting Kazikazi: |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Wizzzzmike: 5:54pm On Jun 23, 2023 |
Shma2023:U sound Soo stupid. Are you better than us in football? I won't argue with you anymore bye lol 1 Like |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 7:36pm On Jun 23, 2023 |
1 Like |
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just40: 7:38pm On Jun 23, 2023 |
1 Like |
(1) (2) (3) ... (2264) (2265) (2266) (2267) (2268) (2269) (2270) ... (2517) (Reply)
Anambra light of the nation, eastern economy power house. / Enugu, The Pride Of The East. / Update on developments in Anambra state-photos
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 43 |