PLEASE build the refineries and secure exporting deals for refined petroleum first before you start drilling. Don't negotiate Crude export, negotiate refined petroleum exports and it's even better for y'all cos you have stable electricity.
Thanks for the advice. I hope the CS for Energy is listening.
See, the issue of North-central is a very confusing thing. Hausa-fulanis had the advantage over our people and the whole Nigeria, their society was well and better structured when the british came and we were classified under them. Although, many of us always resisted and fought for our own region, but the british refused to give us. Were we to fight them? You yorubas have no penchant for minority groups as such. If not for the Nigerian civil war, Eastern minority groups would have still been under the stronghold of Igbos till now just as we are to the Core-north. So, it is not always easy for minority groups to unite against a majority group and assert their own identity, because even among the minority groups, some will be more sympathetic to the majority group. See the case of the Igbos, The Rivers minority groups (present day Rivers and Bayelsa states) easily betrayed Igbos during the civil war and even confiscated their properties, but such never happened among the Cross river minority groups (present day Akwa Ibom and Cross river). They fought alongside with the Igbos to the last and till date you will see the better relationship btw them and the Igbos compared to Rivers people. (Sorry to my Igbo brothers who may want to take this narrative of mine personal). If you have noticed the fight for the middlebelt struggle, you will always notice that it is always from Benue-Plateau and Southern Kaduna axis, with little from Taraba-Adamawa axis. Most Niger state, Kogi and Kwara people (except the yoruba speakers) are very much okay and comfortable with Arewa identity and clearly this comes from Islamic sentiments which the Hausa-fulanis always use to get them.
The reason why till date many north-centrals believe in One North was because of the Sardauna. During his rule, he carried everyone along (Hausas and minorities, muslims and christians) and Arewa identity was promoted and our people were never mistreated, so, many of them were meant to believe in One Arewa from their childhood. That's why you see that most of our shameless elders are not ready to do anything about this. We the youths who were not born in that era of one arewa nonsense are the ones who are agitated about this issue and in a short time from now, Nigeria will start hearing from us.
The reason why people always drag in yorubas into issues of agitation is because of your people in Kwara and Kogi. They are a majority, but living as minorities. They are misidentified in Nigeria. Your fellow majority group (Hausa-fulanis) are using your own people to intimidate you (Yorubas) with their so called '19 northern states control' and many of you are falling for it. If Nigeria breaks up today, do you think Hausa-fulanis will not war you yorubas over control of Ilorin? Or are you guys going to let those places go to them just like that?
It is not always true with what you feel about Yoruba having no penchant for minorities. In fact, Yoruba have shown more love to minorities than any other group claiming majority. In Yoruba land, there is nothing like the usage of religion or ethnicity to fight anyone either any majority claiming group or minorities . Yoruba indigenes have not oppress any minorities that decide to live amongst us. And if such arises, you will still find some Yorubas standing up for such person or persons. This show the kind of hearts we have towards people. In the 1960s,before the civil war broke out, when Edo wanted to forcefully have their way out of western region, which was orchestrated by the federal government during the first Republic, it was granted to them despite, part of Yoruba people being carved under Edo state. And there was nothing like waging war against them so as to subdue them or whatever reason that can be given which may be as a deterrent to the division of western region. Instead, it was WILD WEST that happened in which Yoruba fought against Yoruba(those in support of Akintola against those in support of Awolowo). Awolowo group had their way. Eventually, Awolowo was roped as planning to overthrow the government. He was arrested and jailed. His first son and first born died on this case as his car tumbled over when he was coming to defend his Father and other action group strong leaders. And today, I can't even see anyone who is of Akintola's lineage, as outstanding as Awolowo's descendant. The current Vice president, Yemi osinbajo is married to one of the descendant of Awolowo. Yoruba don't believe in oppression but equity and fairness. Some people may disagree based on this. But the truth can't be hidden. And on the issue of ILORIN, the Fulani didn't have say nor Hausa because, it was all Yoruba war during the 18th century when Afonja destroyed Old Oyo . Even, after his death, it took three or four confrontation before Ilorin was made to BOW DOWN to OYO through all the Yoruba warriors that stayed and stationed at Ibadan. They Hausa Fulani knows they can't match Yoruba in anything. If it was Yoruba that waged war against Nigeria, do you think Yoruba won't win the war? My brother, we are located in a place we can access the world at ease. We have Yoruba in diaspora in millions who are well known and established. I tell you, Nigeria Will bow if Yoruba start any serious problem of arm carrying. Anyway, let hope, things straightened up naturally.
It's a fact that Oil accounts to over 90% of nigerian export. It's also a fact that most African countries are suffering from mono economics..
When the oil prices went down Nigerian and Angolan economy were straggling very much at some point the economy almost de-grew.
When kenyan economy was heat hard by Alshabab the tourim industry almost went dead but the economy still grew plus 5%. To me that is have a diverse economy.
Yes sir oil accounts for 90% of Nigerian export which accounts for less than 10% of our GDP.
Stop deluding yourself sir!!. Again let's do the math:
Nigerian economy grew by 0.8% during recession.
Kenyan econmy grew by 5%.
You would agree with me that
0.8% of a $500 billion economy is larger that 5% of a $60 billion economy. so even in recession Nigeria still grew more than Kenya.
But in Nigeria we dont delude ourselves.
Yes sir its a fact all african countries have non Diverse economies...including Kenya
It's a fact that Oil accounts to over 90% of nigerian export. It's also a fact that most African countries are suffering from mono economics..
When the oil prices went down Nigerian and Angolan economy were straggling very much at some point the economy almost de-grew.
When kenyan economy was heat hard by Alshabab the tourim industry almost went dead but the economy still grew plus 5%. To me that is have a diverse economy.
I don't understand how anyone is comparing Oil domination in Naija with tourism here. While Oil renders their economy sterile when things go bad, tourism in kenya only causes minor effects such as job losses when stupid Kebabs attack.
Oga Craft Silicon, the biggest indigenous IT company in Kenya is owned by an Indian so what was that again about ?
And neither Tuskys nor Naivas will ever be as big as Nakumatt abeg! Especially Tuskys and their many scandals, see how Kirubi ran Uchumi to the ground!
Kikuyus only run the wholesale side of the economy. The dynamic is simple: the Asians (the Chinese have joined them) manufacture and the Kikuyus distribute at wholesale and retail level.
The tea part I can agree with cos those Limuru guys ain't playing but still I'm sure if I dig deeper, I'll find a couple of Indians growing tea too.
And the indigenous share of banking in Kenya is quite small compared to Naija. The Kikuyus and Somalis run the banking sector, it will surprise you how much influence Somalis have in Kenyan banking, Barclays for MD and current Minister of Industry and Investment is of Somali origin and your current majority leader in parliarment is also Somali.
WHERE IN KENYA'S ECONOMY DO INDIANS DOMINATE SAVE FOR MANUFACTURING? Again, Nigerians with their lack of knowledge of Kenya past the year 1966!! Kenya's economy is dominated by 1.The Government of Kenya.Because we are a mixed Economy, not a purely Capitalist one. The Government of Kenya is in EVERY sector of the Economy. 2.Kikuyus. Last I checked, most small and medium sized businesses, the ones that form 84% of our GDP happen to be dominated by one tribe.Why do you think they were targeted in 2007, were Indians targeted SMH!!! Do Indians grow tea, coffee, flowers, horticultural products,keep dairy cattle?? Do they dominate tourism? Do they dominate transportation?(P.S. There is a ban on Indians owning transport companies since 1968) How many Indian owned banks in Kenya are in the top 10? .2. DTB and I&M. The Government has three KCB,(KCB is the largest bank in East and Central Africa by Assets and profit and Branch network.It is owned by the Government of Kenya),National Bank and Cooperative. Two are multinationals(Barclays and Standard Chartered) and the rest are either fully or partally owned by Kenyans of African Descent,Kikuyus Even in Industry, those Indians borrow money for factory expansion from the Government of Kenya, because the financiers of Industry in Kenya is the Government of Kenya through ICDC, the Industrial Development Bank and the Kenya Industrial Estates. Even where Indians are the largest owners of a particular establishment, the Government makes sure that they establish a counter weight until Black Africans establish themselves. Example. Nakumatt is the largest retailer in Kenya(with a 12% market share mind you) but it was historically balanced out by Uchumi, which was established by the Government of Kenya to do eactly that. Since the 2000s, regional supermarkets have cropped up in every regions and these supermarkets are woned by locals, be it Kassmatt, which is found in all major Kalenjin inhabited towns like Kericho,Eldoret,Kitale,etc. and is owned by a Kalenjin, Maathai Supermarket dominates Central Kenya is owned by a Kikuyu.Eastmatt dominates Central Rift,etc Black African family owned supermarkets have also risen to challenge the Nakumatt-Uchumi duopoly.Tuskys and Naivas are now just as dominant as Nakumatt(Uchumi having faded into the background), so what the hell are you talking about dude!!!You have no idea how our economy works and in fact, Indians today are ever diminishing in influence . For example, our IT sector has only one Indian. One!!!!!!!!It is over 99% African!!
Habeshas are very beautiful no doubt, but i think their beauty is overrated. There are Nigerian tribes like the fulanis and Shuwa arabs who have exactly the same facial or skin features like the Habeshas which we all assume to be beautiful.
Not to talk about the other equally beautiful and voluptious women you find from other parts of Africa.
Baba Oil exports account for only 10% of Nigeria's GDP. So lets do the math.
Nigeria's current GDP is $500 billion . 10% of $500 billion = $50 billion $500 - $50 billion = $450 billion.
There you go, Nigeria would still be the largest economy in Africa without oil. Its just that the oil exports which is just 10% of the GDP is our major earner of foreign exchange. So when there is fall in oil prices the country experiences foreign currency shortages which plunges the country in macro recessions. Like this recent one we are just recovering from.
Even as great as that recession was. Nigeria is still projected to grow by 0.8% this year and our foreign reserve is currently around $40billion. thats just $20 billion short of Kenya's whole Gdp.
Kenya too is not so different, Tourism is your major source of foreign exchange. If something happened to Tourism in Kenya your economy would likely collapse and would not even dream of the recovery Nigeria is currently going through.
So stop all the noise about "Our Kenyan economy is diverse."
All african countries (Nigeria,Angola,South Africa,Kenya) are suffering from this mono economic syndrome where the whole economy is hinged on just one Industry. Its sad but its the reality of Africa.
Good new!!. thing are changing for Nigeria, Kenya and co.
Last I checked, without oil, the valuation of your economy crashes because much of that $400 billion is kept running by oil earnings.Remove oil and Nigeria contracts.That is exactly what has happened the past two years.Our tourism crashed between 2011 and 2015, we still grew above 4%Kenya has grown above 4% the past 15 years except in 2008 and 2009. Even now, with a drought, we will grow around 5.3% this year, down from 6% this year. Kenya does not have a mono-economic syndrome, we export more than one commodity, coffee has crashed before in the mid 2000s, we did not go into a recession, tourism has crashed before, we did not go into a recession. Nigeria, all it took was for oil to go under $50 and the entire country was plunged into turmoil. We have too many sectors working independently of each other and growing at different rates. For example, even as tourism languished, Kenya is now the second largest exporter of textiles to the USA under AGOA after Lesotho, our exports to the US almost match our imports. When coffee languished, farmers planted Macadamia, we export them to China en masse. The death or the decline of one commodity has never affected Kenya, so long as there are is no political shennanigans , the economy will continue to grow above 5%. Yes, Kenya's Economy IS DIVERSE!!! 78% of Nigerian exports is crude oil alone!!!
Last I checked, without oil, the valuation of your economy crashes because much of that $400 billion is kept running by oil earnings.Remove oil and Nigeria contracts.That is exactly what has happened the past two years.Our tourism crashed between 2011 and 2015, we still grew above 4%Kenya has grown above 4% the past 15 years except in 2008 and 2009. Even now, with a drought, we will grow around 5.3% this year, down from 6% this year. Kenya does not have a mono-economic syndrome, we export more than one commodity, coffee has crashed before in the mid 2000s, we did not go into a recession, tourism has crashed before, we did not go into a recession. Nigeria, all it took was for oil to go under $50 and the entire country was plunged into turmoil. We have too many sectors working independently of each other and growing at different rates. For example, even as tourism languished, Kenya is now the second largest exporter of textiles to the USA under AGOA after Lesotho, our exports to the US almost match our imports. When coffee languished, farmers planted Macadamia, we export them to China en masse. The death or the decline of one commodity has never affected Kenya, so long as there are is no political shennanigans , the economy will continue to grow above 5%. Yes, Kenya's Economy IS DIVERSE!!!Compare the export ration below
DonnieTheGreat: . Yeah, i read that you guys export a lot of roses too> i really dont understand. Ethiopia is the second most populous country in Africa after Nigeria. But your GDP is just $60 billion. What exactly is responsible for the relatively low GDP.
Also, Do you listen to this guy? - Amir Dawud - Kealo
The problem i think Ethiopia has is racism. Their country does not engage the entire population of the country in nation building.
If you go to Amhara region (the most powerful ethnic group in the country for instance), you will see every aspect of modern life and development.
When you go to Oromo region, u see a drastic reduction in what you saw in Amhara region.
When you go to the Southern peoples and nationalities region, you will weep for Africa, cos what you will see there is unimaginable.
You do not even need to go to the Omo valley region unless you are going there for tourism cos that's where the millions of uncivilized ethnic groups are kept for tourist purposes.
The racism and internal division in Ethiopia is almost the largest in the world. Even Ednite would not deny it (although i apologize to her because i know she might be hurt by what am saying here), but nevertheless, that's the truth! If you doubt me, go online and learn about the regions of Ethiopia and learn extensively about them.
Yes sir oil accounts for 90% of Nigerian export which accounts for less than 10% of our GDP.
Stop deluding yourself sir!!. Again let's do the math:
Nigerian economy grew by 0.8% during recession.
Kenyan econmy grew by 5%.
You would agree with me that
0.8% of a $500 billion economy is larger that 5% of a $60 billion economy. so even in recession Nigeria still grew more than Kenya.
But in Nigeria we dont delude ourselves.
Yes sir its a fact all african countries have non Diverse economies...including Kenya
Am sorry to say this but I have never trusted the size of Nija economy I believe its exaggerated. There is nothing that Nija beat S.A and Egypt except population...
You may give all the excuses to make your self feel better bit remember China with over 1billion ppl still manage to grow plus 7percent.
Am sorry to say this but I have never trusted the size of Nija economy I believe its exaggerated. There is nothing that Nija beat S.A and Egypt except population...
You may give all the excuses to make your self feel better bit remember China with over 1billion ppl still manage to grow plus 7percent.
naijalander: I think considering income per individual and the fact that Naija culture is the most dominant in Africa m, it makes sense.
Haters gon hate nonetheless and it's Naija not Nija.
Income per capita is one wrong measure consideing wealthy ppl like Dangote share thesame income with ppl in makoko slums or Uhuru with pple in Kibera Slums... For me S.A economy and Nigeria economy are like U.S.A and India... but in african context India has already overtaken the U.S.... Only in Africa
Oga Craft Silicon, the biggest indigenous IT company in Kenya is owned by an Indian so what was that again about ?
And neither Tuskys nor Naivas will ever be as big as Nakumatt abeg! Especially Tuskys and their many scandals, see how Kirubi ran Uchumi to the ground!
Kikuyus only run the wholesale side of the economy. The dynamic is simple: the Asians (the Chinese have joined them) manufacture and the Kikuyus distribute at wholesale and retail level.
The tea part I can agree with cos those Limuru guys ain't playing but still I'm sure if I dig deeper, I'll find a couple of Indians growing tea too.
And the indigenous share of banking in Kenya is quite small compared to Naija. The Kikuyus and Somalis run the banking sector, it will surprise you how much influence Somalis have in Kenyan banking, Barclays for MD and current Minister of Industry and Investment is of Somali origin and your current majority leader in parliarment is also Somali.
Did I not tell you that there is ONE Indian in the IT sector? And Craft Silicon is smaller than Seven Seas Technologies(which has operations even in Nigeria and Ghana) which is owned by Mike Macharia Eeeerm, Tuskys IS already larger than Nakumatt.It may have its share of family wrangles, but Tuskys is not in debt,Nakumatt has debts in the billions and to some extent, so does Naivas.Uchumi, being a Government entity is always bailed out, thus its stability is more or less assured.Tuskys has already overtaken Nakumatt in terms of branches in both Nairobi and Mombasa, whic btw are Nakumatt's strongholds. Indians cannot grow tea.In 1923, Indians were banned from ever farming in the White Highlands.There were Indian farmers in the East African Protectorate(Coastal Kenya), but never in the White Highlands aka the Kenya Colony, whose farms were distributed to African smallholder farmers. Somalis own only one bank as far as I know,First Community Bank.Which is a very small bank, Number 30 in size. There are Somalis with a small number of shares in Gulf African Bank though Kikuyus have three so far Equity Bank was founded by James Mwangi still owns 15% after selling Equity Bank to the NSE. His kikuyu partners(Andrew Mwangi, Nelson Munguku and the cooperatives from Central Kenya) combined own more than half Family Bank owned by the Muya family Commercial Bank of Africa, owned by the Kenyatta Family You are very much behind on the news.The MD of Barclays Bank has not been a Somali for 5 years.Adan Mohammed was the Barclays Bank East and West Africa MD upto 2013 when he became Industrialization Minister. The GOVERNMENT OF KENYA is the biggest influence of the Banking sector. The Government of Kenya either fully or partially owns In retail: Kenya Commercial Bank or KCB which is the largest Bank in East and Central Africa by assets and by profit. National Bank of Kenya Consolidated Bank of Kenya Development Bank of Kenya Cooperative Bank of Kenya Postbank In Industry: ICDC Industrial Development Bank Kenya Industrial Estates In Agriculture Agricultural Finance Corporation Agricultural Development Corporation And Yes, Aden Duale is a Somali and leader of the Majority, as his people supported the current Jubilee administration not due to influence.
Did I not tell you that there is ONE Indian in the IT sector? And Craft Silicon is smaller than Seven Seas Technologies(which has operations even in Nigeria and Ghana) which is owned by Mike Macharia Eeeerm, Tuskys IS already larger than Nakumatt.It may have its share of family wrangles, but Tuskys is not in debt,Nakumatt has debts in the billions and to some extent, so does Naivas.Uchumi, being a Government entity is always bailed out, thus its stability is more or less assured.Tuskys has already overtaken Nakumatt in terms of branches in both Nairobi and Mombasa, whic btw are Nakumatt's strongholds. Indians cannot grow tea.In 1923, Indians were banned from ever farming in the White Highlands.There were Indian farmers in the East African Protectorate(Coastal Kenya), but never in the White Highlands aka the Kenya Colony, whose farms were distributed to African smallholder farmers. Somalis own only one bank as far as I know,First Community Bank.Which is a very small bank, Number 30 in size. There are Somalis with a small number of shares in Gulf African Bank though Kikuyus have three so far Equity Bank was founded by James Mwangi still owns 15% after selling Equity Bank to the NSE. His kikuyu partners(Andrew Mwangi, Nelson Munguku and the cooperatives from Central Kenya) combined own more than half Family Bank owned by the Muya family Commercial Bank of Africa, owned by the Kenyatta Family You are very much behind on the news.The MD of Barclays Bank has not been a Somali for 5 years.Adan Mohammed was the Barclays Bank East and West Africa MD upto 2013 when he became Industrialization Minister. The GOVERNMENT OF KENYA is the biggest influence of the Banking sector. The Government of Kenya either fully or partially owns In retail: Kenya Commercial Bank or KCB which is the largest Bank in East and Central Africa by assets and by profit. National Bank of Kenya Consolidated Bank of Kenya Development Bank of Kenya Cooperative Bank of Kenya Postbank In Industry: ICDC Industrial Development Bank Kenya Industrial Estates In Agriculture Agricultural Finance Corporation Agricultural Development Corporation And Yes, Aden Duale is a Somali and leader of the Majority, as his people supported the current Jubilee administration not due to influence.
You have to correct yourself. I don't think Italy conquered the entire Ethiopia. They only conquered present day Eriteria (which used to be part of Ethiopia). This was the basis which Eriterea used for seccession, claiming that they had a different colonial history from Ethiopia.
Yea, they didn't occupy all of Ethiopia but do you honestly think that Ethiopia would have beenableto keep resisting:
Yes you are correct. What about the Sudanese? Infact, those ones openly claim to be Arabs while they are black as you and i. I think Christianity is the main reason why Ethiopians tend to be more open and less racist. If they had been dominantly muslims, i think the story would have been different.
Sudanese depends on individuals but they aren't as bad as Somalis but still racist
Just30: a Ghanaian don't need to shame Nigeria. Nigerians are already ashamed of themselves.
Ghana is better in so many things than Nigeria Nigeria is big and has 20 times the resources of Ghana but cannot even offer a better life for it people. This is the irony
Stop making excuses. Ghana's population is tiny af and has had twice as many years of political stability than Nigeria, and less corruption, but it still isn't better. Nigeria was under repressive military dictatorship up until the 90s and has suffered countless isntability of all forms.Ghana also has natural resources like gold that the Chinese are exploiting right now. Why isn't Ghana a beacon example?Nigerians have accepted their failure but Ghanaian haven't.
Olu317: It is not always true with what you feel about Yoruba having no penchant for minorities. In fact, Yoruba have shown more love to minorities than any other group claiming majority. In Yoruba land, there is nothing like the usage of religion or ethnicity to fight anyone either any majority claiming group or minorities . Yoruba indigenes have not oppress any minorities that decide to live amongst us. And if such arises, you will still find some Yorubas standing up for such person or persons. This show the kind of hearts we have towards people. In the 1960s,before the civil war broke out, when Edo wanted to forcefully have their way out of western region, which was orchestrated by the federal government during the first Republic, it was granted to them despite, part of Yoruba people being carved under Edo state. And there was nothing like waging war against them so as to subdue them or whatever reason that can be given which may be as a deterrent to the division of western region. Instead, it was WILD WEST that happened in which Yoruba fought against Yoruba(those in support of Akintola against those in support of Awolowo). Awolowo group had their way. Eventually, Awolowo was roped as planning to overthrow the government. He was arrested and jailed. His first son and first born died on this case as his car tumbled over when he was coming to defend his Father and other action group strong leaders. And today, I can't even see anyone who is of Akintola's lineage, as outstanding as Awolowo's descendant. The current Vice president, Yemi osinbajo is married to one of the descendant of Awolowo. Yoruba don't believe in oppression but equity and fairness. Some people may disagree based on this. But the truth can't be hidden. And on the issue of ILORIN, the Fulani didn't have say nor Hausa because, it was all Yoruba war during the 18th century when Afonja destroyed Old Oyo . Even, after his death, it took three or four confrontation before Ilorin was made to BOW DOWN to OYO through all the Yoruba warriors that stayed and stationed at Ibadan. They Hausa Fulani knows they can't match Yoruba in anything. If it was Yoruba that waged war against Nigeria, do you think Yoruba won't win the war? My brother, we are located in a place we can access the world at ease. We have Yoruba in diaspora in millions who are well known and established. I tell you, Nigeria Will bow if Yoruba start any serious problem of arm carrying. Anyway, let hope, things straightened up naturally.
Income per capita is one wrong measure consideing wealthy ppl like Dangote share thesame income with ppl in makoko slums or Uhuru with pple in Kibera Slums... For me S.A economy and Nigeria economy are like U.S.A and India... but in african context India has already overtaken the U.S.... Only in Africa
Barely any African Country has a true solid middle class so GDP/Capita is correct at least. BTW same with America you have billionares and then people living in section 8
Looool!!!The entire list is made up of African owned companies save for CopyCat(which is owned jointly by Africans and Europeans) and Access Kenya(owned by Kenya Europeans) Can you show me which Indian owned companies are thereI can see seven which are located in my neighbourhood of Westlands which are all owned by Africans!!! Indians from Kenya are from Northern India who are businessmen.They hardly engage in IT like their southern counterparts who dominate IT in India. Indians in Kenya dominate only one sector.Manufacturing.That's It.Everywhere else it is either Black Africans or the Government of Kenya