iblawi:
... Still on 150km/h railway

yes, the standard gauge railway, but how many kms of that do you have?? .

Nigeria like kenya has two level of gov. Nigeria is federal (36 states) and Kenya's is devolved(47 counties). Nigeria and Kenya allocate part of the budge to states or counties. Total Nigeria federal budget I have seen 25-30B usd. kenya national budget this year is nearly 25B usd. All n=Bigeria states combine will have 18B usd budget (N5.7 trillion).Nearly half of that will come from federal gov(N2.8 trillion)...so roughly speaking 30 +18- 9= 40B is the combined federal+states budget in Nigeria. Kenya counties receive about 3.5B usd and raise about the same...so it the same 25+7-3.5=28B usd.

So technically speaking kenya(28b) and nigeria (40b) is small difference in the amount of money to spent every year despite oil and population difference.

And you know the reason why - kenya collect it taxes so good - it nearly getting into leagues of south Africa. Kenya efficient revenue collection of 14B is nearly 20% of it's gdp. Nigeria and other banana republic of africa are 10-12% (Gdp to tax ration) when they really try.

iblawi:

In Nigeria federal budget is different from state budget you dummmy.
Nigeria's federal budget is $30 billion + budget for 36 different other states.

LightYagami:

yes, the standard gauge railway, but how many kms of that do you have?? .

187km.
and I believe nearly 3000km of the same is under construction in Kenya,
https://en.wikipedia.org/wiki/Lagos%E2%80%93Kano_Standard_Gauge_Railway

Lagos light baby

Actually Nigeria phoney economy is the worse in Gdp to tax in Africa. It collect 6% of it's GDP. Fake gdp. Kenya collect 20% of it's Gdp.

Now wonder there is no development - nobody get taxed - they are just waiting for oil dollars. That 6% is entirely from oil. Is there even tax revenue authority down there? And what does it do?

How are you gonna develop without taxes? 180M all waiting for oil!!

https://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_as_percentage_of_GDP

"Lunatic express", it will be fun to read
https://www.theeagora.com/the-lunatic-express-a-photo-essay-on-the-uganda-railway/

ProudlyKenyan:
Nigeria like kenya has two level of gov. Nigeria is federal (36 states) and Kenya's is devolved(47 counties). Nigeria and Kenya allocate part of the budge to states or counties. Total Nigeria federal budget I have seen 25-30B usd. kenya national budget this year is nearly 25B usd. All n=Bigeria states combine will have 18B usd budget (N5.7 trillion).Nearly half of that will come from federal gov(N2.8 trillion)...so roughly speaking 30 +18- 9= 40B is the combined federal+states budget in Nigeria. Kenya counties receive about 3.5B usd and raise about the same...so it the same 25+7-3.5=28B usd.

So technically speaking kenya(28b) and nigeria (40b) is small difference in the amount of money to spent every year despite oil and population difference.

And you know the reason why - kenya collect it taxes so good - it nearly getting into leagues of south Africa. Kenya efficient revenue collection of 14B is nearly 20% of it's gdp. Nigeria and other banana republic of africa are 10-12% (Gdp to tax ration) when they really try.

Guy stop posting rubbish. Speak for Kenya not Nigeria because you know nothing.

Nigeria operate 3 levels of government.

Federal allocation to state is not in anyway related to federal budget.

Dummy go and learn more and stop speaking of what you don't know. Lagos and akwa Ibom have always had about 3-5 billion budget each you dummy.

Nigerian budget is not what you can say anything about because you know nothing about it.

In 2014 alone government generated over $30 billion from tax.
http://nigeriantimes.ng/news/firs-generates-n4-69trn-revenue-in-2014/

2014 exchange rate was 150 to a dollar. You don't know anything about Nigeria. Please stop all this rubbish.

ProudlyKenyan:
Kenyan asian or whites are just kenyans. Black Kenyans dominate the economy. Be it in homegrown supermakets & malls to banks to hotels to name it. Nigeria seem to be hostage to South Africa companies from MTN to Shoprite. Kenya is the deathbed of south africa companies - they can dominate Nigeria and all sub-saharan countries - but in kenya they will find nimble homegrown talent that is so competitive they'll be driven out. Now they dread coming to Kenya. Nigeria have started coming to invest in banks - and all of them are in the RED - I don't see any surviving the next 5yrs. They simply cannot outcompete kenya banks.

Kenya is not the biggest non-mineral Africa economy for nothing - it very diversified, very sophisticated and competitive free market economy - manned by some of best quality trained labour out there.

Hehehehe! So, you mean because SA owns Shoprite, MTN, SA has now taken Nigeria as hostage, erh!?

Nigerian also owns telecommunications and malls/stores. Addide stores has 37 stores in Lagos still counting, Next malls in Abuja, Ebeano malls in Lagos, Blenco supermarkets, Silver birds Gallery, Every day super market with a branch in America etc. All these after 17 years of fresh air. Imagine if had started since independent, Nigerians could have gone far.


Nigeria is not dulling.

You can't make up for lack of facts using insults. Talk now. This year FIRS is projecting to collect 5trillion naira - which when i convert to dollars is 15 b usd - just about equal with what KRA is projecting to collect. And I didn't even use the real usd exchange rate.


Nigeria collects 6% of it's phoney GDP. Those are facts. Money allocate to states has to be part of Federal Budget. Unless nigeria has invented another budgetting process that is novel.

You're angry coz your broke gov - all 3 levels - cannot surely ran the country with budget near similar to kenya - and you generator is probably running out of fuel.

iblawi:


Guy stop posting rubbish. Speak for Kenya not Nigeria because you know nothing.

Nigeria operate 3 levels of government.

Federal allocation to state is not in anyway related to federal budget.

Dummy go and learn more and stop speaking of what you don't know. Lagos and akwa Ibom have always had about 3-5 billion budget each you dummy.

Nigerian budget is not what you can say anything about because you know nothing about it.

In 2014 alone government generated over $30 billion from tax.
http://nigeriantimes.ng/news/firs-generates-n4-69trn-revenue-in-2014/

2014 exchange rate was 150 to a dollar. You don't know anything about Nigeria. Please stop all this rubbish.

ProudlyKenyan:
Electricity - GWHS
Nothing illustrate Nigeria backwardness than Electricity. Leave the theoretical Nigeria's has 4,000 mw or 10,000mw of power (just like their GDP)- let talk about the real measure of electricity - Gilowatts per hour of electricity really produced and consumed.

Nigeria produces & consumes about 2.5- 3 GWHs of electricity. That is less than Nairobi alone who consumed 5 GWHs..with kenya as whole consumed 10 GHWS.

This country Naija is as hilarious as DRC Congo . Apparently nobody pays their bills so power companies are totally bankrupt and kaput.

Do they even have running water in their taps Who betwitched nigeria and drc? Such a blessed country earning so much petrodollars but can't get the simplest of things together. While people in kenya buy generator (for big business or backup battery for household) as backup (a week you may get 1 or 2hrs blackout ) but in Nigeria it the main source of power - can't imagine the noise & smoke!!! Do people even own refrigerators with such unstable power.

In my part of Nairobi the power blackouts per year are less than 10btw. Only during the maintenance schedules and those storms that drop trees on powerlines.

Another report on tax in 2012
https://www.google.com.ng/amp/www.premiumtimesng.com/business/117494-firs-n5-007-trillion-tax-revenue-in-2012-highest-in-agencys-history.html/amp

Please don't talk about Nigeria again it far beyond what you can comprehend.

So how is budget now $30 billion for the whole country?

what is your point oga?. We can only talk about it in dollars terms so we can compare it. 5 trillion Naira is 15B usd. KRA is projecting to collected Kshs1.45 trillion which in dollars is 15B usd . And 63% of IFRS is from Oil.

Nigeria basically either has no economy worth generating taxes or the gdp data is phoney.

I knew that re-based GDP was fake....the moment i saw it. GDP that include igbo nollywood movies

iblawi:
Another report on tax in 2012
https://www.google.com.ng/amp/www.premiumtimesng.com/business/117494-firs-n5-007-trillion-tax-revenue-in-2012-highest-in-agencys-history.html/amp

Please don't talk about Nigeria again it far beyond what you can comprehend.

So how is budget now $30 billion for the whole country?

I've observed that Kenyans have been fabricating story and even using Wikipedia as a source. It so unfortunate that Kenyans are dull.

I might start uploading bad news from Kenya too if Kenyans can not explicitly state why Kenya is a better country.

I know how to attack too and I promise I will hit you hard with you own news.

We all know Kenya and bad news are like bread and butter.

ProudlyKenyan:
what is your point oga?. We can only talk about it in dollars time so we can compare it. 5 trillion Naira is 15B usd. And 63% of it from Oil. Nigeria basically either has no economy worth generating taxes or the gdp data is phoney.

What was the exchange rate as at that time. Using exchange rate of 2016 for 2013 news seem like Kenyans are really brilliant.

If you feel the GDP is phoney then IMF and other are funny too.

Just explain to us very simple how an alleged 500B usd economy can collect 15B usd taxes - 65% being from oil companies - while Kenya with it's 70B economy - is collect the same taxes

The rest of budget is just borrowing or deficit.

iblawi:
I've observed that Kenyans have been fabricating story and even using Wikipedia as a source. It so unfortunate that Kenyans are dull.

I might start uploading bad news from Kenya too if Kenyans can not explicitly state why Kenya is a better country.

I know how to attack too and I promise I will hit you hard with you own news.

ProudlyKenyan:
Kenyan asian or whites are just kenyans. Black Kenyans dominate the economy. Be it in homegrown supermakets & malls to banks to hotels to name it. Nigeria seem to be hostage to South Africa companies from MTN to Shoprite. Kenya is the deathbed of south africa companies - they can dominate Nigeria and all sub-saharan countries - but in kenya they will find nimble homegrown talent that is so competitive they'll be driven out. Now they dread coming to Kenya. Nigeria have started coming to invest in banks - and all of them are in the RED - I don't see any surviving the next 5yrs. They simply cannot outcompete kenya banks.

Kenya is not the biggest non-mineral Africa economy for nothing - it very diversified, very sophisticated and competitive free market economy - manned by some of best quality trained labour out there.

When it comes to building world class Multinational companies with world class brands, Kenyan owned companies are still miles behind Nigerians companies. I mean they are local champions but I wish they move beyond Kenya and East Africa to other continents.

If I am wrong please list 20 multinationals established by Kenyans and world reputable brands owned by Kenyans. Just 20. With branches outside Kenya and East Africa. I can take the ones in East Africa only for the love of brotherhood.

Kenya shs also took a beating from kshs 63 to dollar to 100shs now - of course kenya economic fundamentals are not shaky and oil dependant - so our currency basically held up- against USd rally. You can bring all your naira money and exchange it freely in kenya forex market.

Let talk about 2016. Even if we go back t0 2012 - kenya will still beat your naija arse. I am even being fair - because if we use the black market dollar rate -not the propped up - then it going to be a massacre.

GDP is not something you can hide. Which is why pictures from Nigeria are showing why those GDP figures are not believable. Your mighty army of 130,000 is running on what budget again...0.9B usd.

When are you going to devalue Naira or you want to prop it up so you can sleep easy in naija high heat without AC - as you marvel about igbo nollywood movies inspired rebased 500B economy that beat SOUTH AFRICAN and is africa largest.

Naija gov like most of it's people are scam artist. I won't trust it. Bring the pictures that are half as dope as Kenya.

iblawi:


What was the exchange rate as at that time. Using exchange rate of 2016 for 2013 news seem like Kenyans are really brilliant.

Why do Kenyans enjoy the negativities of naija.n tend to ignore their own.it seems we would begin to focus on the negativities of kenya

arinzeejikonye:
Why do Kenyans enjoy the negativities of naija.n tend to ignore their own.it seems we would begin to focus on the negativities of kenya

The funny thing is that they capitalize on our bad but forget their is worse. To me Kenya has nothing to bring to the table. This is just a total waste of time.

There is only one area Nigeria can beat kenya & maybe Dangote . Big banks after they forced them to merge. That doesn;t mean the most profitable banks in terms of capital to profit ratio. There you'd have to go with kenyan banks. It also doesn't mean nigeria is even half decent in financial and intermediation sector where kenya is clear leader - kenya cooperative movement is second to none in Africa - you've got saccos and all sort of co-operative socities acting as banks - the whole financial value chain together with m-pesa is really great - kenya homegrown innovation have kicked out British multinational - and poorly ran nigeria banks think they can expand there - it been loss after loss- and just time before they quit kenya like southern african companies gave up. Kenya is no joke when it comes to free market competition.

Otherwise kenya companies outcompete south africa companies...leave alone Naija joke of companies. In any sector you've got nimbler kenyan companies (banks,insurance, retail, oil (downstream), agri (dairy,flowers,etc), industrial, etc) running the show from Malawi, Zambia, Tanzania, Rwanda, Congo, Uganda, South Sudan and even Ethiopia,

forgiveness:



When it comes to building world class Multinational companies with world class brands, Kenyan owned companies are still miles behind Nigerians companies. I mean they are local champions but I wish they move beyond Kenya and East Africa to other continents.

If I am wrong please list 20 multinationals established by Kenyans and world reputable brands owned by Kenyans. Just 20. With branches outside Kenya and East Africa. I can take the ones in East Africa only for the love of brotherhood.

ProudlyKenyan:
Just explain to us very simple how an alleged 500B usd economy can collect 15B usd taxes - 65% being from oil companies - while Kenya with it's 70B economy - is collect the same taxes

The rest of budget is just borrowing or deficit.

BECAUSE we don't pay tax and we are not complaining.
Only Lagos state enforce tax to a large extent and that is why Lagos generate a lot of money for developmental project.

Go study the problems of your own country instead of looking for recognition. We are far ahead of you in every sector.

arinzeejikonye:
Lagos light baby

chai! This one na Technical knock out for our Kenya brother.

Lagos rail.


Bro, don't let us turn educative thread to royal rumble. Forgive dem for dey know what dey do.


Just keep your focus and keep spreading the good news about Nigeria. After all, we have busted those foreign media lies about Nigeria which Kenyans have swallowed hook, line and sinker, we been not exempted too.

Through this thread, I realized Nigeria needs to keep moving at a lighting speed to keep some countries behind us..

Once again, coolu down Nigeria forumites here.

ProudlyKenyan:
There is only one area Nigeria can beat kenya & maybe Dangote . Big banks after they forced them to merge. That doesn;t mean the most profitable banks in terms of capital to profit ratio. There you'd have to go with kenyan banks. It also doesn't mean nigeria is even half decent in financial and intermediation sector where kenya is clear leader - kenya cooperative movement is second to none in Africa - you've got saccos and all sort of co-operative socities acting as banks - the whole financial value chain together with m-pesa is really great.

Otherwise kenya companies outcompete south africa companies...leave alone Naija joke of companies. In any sector you've got nimbler kenyan companies (banks,insurance, retail, oil (downstream), agri (dairy,flowers,etc), industrial, etc) running the show from Malawi, Zambia, Tanzania, Rwanda, Congo, Uganda, South Sudan and even Ethiopia,

You are a big disgrace to your people. Your level of Ignorance is alarming.

How do you plan to build the world class infrastructure (roads, railways, ports, power stations) and pay for decent salaries like south africa or egypt if you don't pay taxes - and all of your are just sitting there waiting for petrodollars - which is mere 9-10B usd per annum.

Safaricom alone pay taxes amount to nearly 500M usd - and here is 180-200m country all watching the price of oil like a life -n-death issues.

You cannot be serious.

iblawi:


BECAUSE we don't pay tax and we are not complaining.
Only Lagos state enforce tax to a large extent and that is why Lagos generate a lot of money for developmental project.

Go study the problems of your own country instead of looking for recognition. We are far ahead of you in every sector.

ProudlyKenyan:
Nigeria like kenya has two level of gov. Nigeria is federal (36 states) and Kenya's is devolved(47 counties). Nigeria and Kenya allocate part of the budge to states or counties. Total Nigeria federal budget I have seen 25-30B usd. kenya national budget this year is nearly 25B usd. All n=Bigeria states combine will have 18B usd budget (N5.7 trillion).Nearly half of that will come from federal gov(N2.8 trillion)...so roughly speaking 30 +18- 9= 40B is the combined federal+states budget in Nigeria. Kenya counties receive about 3.5B usd and raise about the same...so it the same 25+7-3.5=28B usd.

So technically speaking kenya(28b) and nigeria (40b) is small difference in the amount of money to spent every year despite oil and population difference.

And you know the reason why - kenya collect it taxes so good - it nearly getting into leagues of south Africa. Kenya efficient revenue collection of 14B is nearly 20% of it's gdp. Nigeria and other banana republic of africa are 10-12% (Gdp to tax ration) when they really try.

Total crap

Nigeria has 3 tiers of government. Federal, State and Local governments. Kenya has two.

Nigeria practices federal system democracy as the United states, Kenya practices parliamentary system as the UK.

Please stop confusing people with lies and say what you know.

Kenya companies have been the source of FDI for most of central and eastern countries. You only have Dangote(not in kenya) and Big Banks (after forced merger) -a few bought some dying banks in kenya and now running losses.

Kenya's KQ is flying to Nigeria and helping fly all these banana nations without national airlines for starters.

Kenya doesn't have oil - but kenya company like KENOL or HASS - is running downstream oil business (petrol stations) from Zimbwabwa, Zambia, Malawi,TZ, Rwanda, Uganda, South Sudan and Congo. Kenya without oil has cornered the supply chain of oil. Nigeria with all the oil have oil shortages where people queue for oil - never happened in kenya . Shell or Total in kenya are biatches who cannot compete with local companies...and have been exiting the downstream business - as more nimble kenyan companies ran the show.

kenya retail giant Nakumatt/Tusky - ran the show in most of those countries.

Keya banks and insurance companies - ran the show in most of those countries.

I can give you so many examples. Brookside is example of kenya's vibrant diary sector (now better than south africa)- in kenya where you see oil tankers - you see fresh milk tankers - not milk powder.

No Nigeria or South Africa company can withstand the brutal competition in the free market economy that is kenya's fully liberalized free market economy.

iblawi:


You are a big disgrace to your people. Your level of Ignorance is alarming.

ProudlyKenyan:
There is only one area Nigeria can beat kenya & maybe Dangote . Big banks after they forced them to merge. That doesn;t mean the most profitable banks in terms of capital to profit ratio. There you'd have to go with kenyan banks. It also doesn't mean nigeria is even half decent in financial and intermediation sector where kenya is clear leader - kenya cooperative movement is second to none in Africa - you've got saccos and all sort of co-operative socities acting as banks - the whole financial value chain together with m-pesa is really great - kenya homegrown innovation have kicked out British multinational - and poorly ran nigeria banks think they can expand there - it been loss after loss- and just time before they quit kenya like southern african companies gave up. Kenya is no joke when it comes to free market competition.

Otherwise kenya companies outcompete south africa companies...leave alone Naija joke of companies. In any sector you've got nimbler kenyan companies (banks,insurance, retail, oil (downstream), agri (dairy,flowers,etc), industrial, etc) running the show from Malawi, Zambia, Tanzania, Rwanda, Congo, Uganda, South Sudan and even Ethiopia,

Hehehehe! Don't be scared, just do the needful by listening these Kenyans Multinational companies. Just 20. Or they local champions?


Please, prove me wrong.

Kenya as of 2010 rans a presidential devolved system of gov like Germany. There are two levels of Gov. County gok and National gok. South Africa is parliamentary federal gov. Kenya has never been parliamentary. Always been presidential republic.

Cjrane2:


Total crap

Nigeria has 3 tiers of government. Federal, State and Local governments. Kenya has two.

Nigeria practices federal system democracy as the United states, Kenya practices parliamentary system as the UK.

Please stop confusing people with lies and say what you know.

ProudlyKenyan:
Kenya companies have been the source of FDI for most of central and eastern countries. You only have Dangote(not in kenya) and Big Banks (after forced merger) -a few bought some dying banks in kenya and now running losses.

Kenya's KQ is flying to Nigeria and helping fly all these banana nations without national airlines for starters.

Kenya doesn't have oil - but kenya company like KENOL or HASS - is running downstream oil business (petrol stations) from Zimbwabwa, Zambia, Malawi,TZ, Rwanda, Uganda, South Sudan and Congo. Kenya without oil has cornered the supply chain of oil. Nigeria with all the oil have oil shortages where people queue for oil - never happened in kenya . Shell or Total in kenya are biatches who cannot compete with local companies...and have been exiting the downstream business - as more nimble kenyan companies ran the show.

kenya retail giant Nakumatt/Tusky - ran the show in most of those countries.

Keya banks and insurance companies - ran the show in most of those countries.

I can give you so many examples. Brookside is example of kenya's vibrant diary sector (now better than south africa)- in kenya where you see oil tankers - you see fresh milk tankers - not milk powder.

No Nigeria or South Africa company can withstand the brutal competition in the free market economy that is kenya's fully liberalized free market economy.

Hehehehe! I am sure they have names. list dem.

They are many homegrown multinational in every sector who are in East And Central Africa. Ethiopia once it opens it economy will fall under this.

kenya is the biggest fdi source for countries like uganda, tz, rwanda and such.

forgiveness:



Hehehehe! Don't be scared, just do the needful by listening these Kenyans Multinational companies. Just 20. Or they local champions?


Please, prove me wrong.

I gave you short list.
1) KENOL KOBIL - Second largest Sub-Saharan multinational - cornered oil downstream business in 12 countries- we don't produce any oil oga.
2) KENYA AIRWAYS - Fourth Largest Airline in Africa - after SouthAfrica Airways, Ethiopia Airways, EgyptAir
3) KENYA Commercial Bank - Highest rate of returns in Afria
4) Equity Bank - Most profitable multinational bank in Africa with branches in east and great lakes africa.
5) Britam Insurance
6) Nakumart - This one reason you'll never see shoprite or massmart in kenya - with branches in east africa.
7) Tusky
Brookside
9) Jubilee Insurance
10) Serana Hotels
11) Hass Petroleum
12) BIDCO
13) EABL
--and lot more

forgiveness:



Hehehehe! I am sure they have names. list dem.