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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6455543 Views)
Am I The Only One Whos Tired Of This Kenya Is Ahead Thread / Femi Adesina: "I Don't Lie, No Matter What"; Nigerians React / Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode (2) (3) (4)
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by edon21: 3:12pm On Jan 22, 2019 |
mtisTheQubit: with that kind a money you can have a decent share in a decent company |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 3:13pm On Jan 22, 2019 |
edon21:True |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Ibrahimanis: 3:13pm On Jan 22, 2019 |
mtisTheQubit:I think they are targeting high end factories not the common people. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 3:19pm On Jan 22, 2019 |
Ibrahimanis:what if we generate electricity from solar energy (your country is sunny ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Ibrahimanis: 3:42pm On Jan 22, 2019 |
mtisTheQubit:True ![]() But Nigeria's problem is not only generation, it's the whole value chain. Generation, transmission, distribution. Installed capacity: more than 10,000mw Average gen capacity: 3500-4000mw (we need to make sure all our plants are working at optimum capacity first) Transmission capacity: about 5000mw (there was a time when generating companies (Gencos) manage to generate about 7000mw but 2000mw was stranded because it cannot be transmitted) Distribution capacity: 6000mw plus. So you see. It doesn't matter if we build 100 mega plants, the transmission company can't transmit to distribution companies (DisCos) and even if they manage to transmit all of it, discos can't distribute all of it. Which is why government is more focused on overhauling existing plants and building more substations than building new plants. And Nigeria's grid is too centralized. We need to break it up into more efficient mini grids. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 3:43pm On Jan 22, 2019 |
tylann: I have told you a lot of the nigerian here are illiterate nigeria has lost 45% of his industries in 6 years |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 3:50pm On Jan 22, 2019 |
edon21: You are brainwashed nigerian fool. Your type is the one that wants everything to be nigeria when nigeria is 90 something in the world country to live in and 150 something country in the world human development index and you still want everything to be nigerian you are a brainwashed fool. See how the nigerian people are running to other african countries to invest see how your companies and industries are folding up. You can still open your mouth that you want it to be a nigeria |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 4:01pm On Jan 22, 2019 |
edon21:Nairobi is around the third best city in africa why your lagos is right below harare zimbabwe as the waste city in africa to live in. Even zimbabwe kicks nigerian ass
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 4:02pm On Jan 22, 2019 |
Continues ![]() ![]() 1 Like
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by edon21: 4:04pm On Jan 22, 2019 |
sufferNsmiling:first don't let yourself down by calling me a fo I don't want to insult anyone talk of to insult a less privileged I just have one stuff for you. can we take this topic on in the next 2 years? |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by kikuyu1(m): 4:04pm On Jan 22, 2019 |
[quote author=Jonraid post=74977124]Q: What are the revenue collection agencies of nigeria? A: nigeria has many Revenue Collection Agencies, but the major ones are: FIRS, NCS, DPR, Others (NPA, NIMASSA, JAMB etc).#WhereIsTheBalance? FIRS - Collects the following taxes on behalf of the Federal Republic of nigeria. - Company Income Tax (CIT) - Petroleum Profit Tax (PPT) - VAT - Personal Income Tax - WHT - Education Tax - Stamp Duties - Capital Gains Tax - NITDF Levy Nigerian Customs Services - Custom and Excise Duties. Department of Petroleum Resources (via the NNPC) - Royalties on Oil Producing fields - Rent accruing from awarded concession - Gas flaring penalties. Others: - NPA - NIMASA - JAMB - Stolen Asset Recovery's - Dividend - etc #WhereIsTheBalance? Q: Where is the revenue collected by these agencies paid into? A: They are paid into the Federation Account from where a committee known as FAAC meets monthly to divide it among the Federating units in accordance to the revenue sharing formula. #WhereIsTheBalance? Q: What is the sharing formula used by FAAC? A: The sharing formula is - FG: 52.68% - States: 26.72% - Local Govt: 20.60% - There is an additional 13% derivation paid to oil producing states from oil proceeds based on the derivation principle. #WhereIsTheBalance? Q: Does it mean that all revenue are shared in accordance to that formula? A: No. The VAT collected by FIRS and paid into the Federation Account is shared with a different formula. - FG: 15% - States: 50% - LG: 35% #WhereIsTheBalance? Q: How much did d Federal Republic of nigeria earn in 2018? A: We don’t have the full figures, but from public records, we can estimate FIRS – N5.3 Trillion NCS - N1.2 Trillion (Prorate from claim of N800B collected as at Aug) DPR - N7 Trillion Others - N500B #WhereIsTheBalance? Q: What is the estimated FG share of this amount? A: First, let’s back out VAT. We know that out of VAT of N1 Trillion, the FG collects 15% which is = N150 Billion. 2ndly, we need to back out the 13% derivation from oil proceeds as well as other deductions. Using the basic rule of the thumb, from an estimated revenue of N14Trillion, we can estimate that revenue available to the FG can't be higher than N6.5Trillion. Even this is generous just reflecting on 2018 budget performance figures. Breakdown Of The 2019 FGN Budget ProposalThe Nigerian economy emerged from recession in Q2 2017, and the macroeconomic environment has stabilized and is recovering gradually. This has renewed confidence in the country’s growth prospects. #WhereIsTheBalance? Q: And the N9 Trillion Budget? A: The N9 Trillion budget is the budget of d Federal Govt of nigeria and not the Federal Republic of nigeria. This means that the FG can only budget on its portion of federally collected revenue & not total collect-able revenue. Since we estimate that the maximum revenue available to the FG would be N6.5 Trillion and the FG intends to spend N9 Trillion, what this means is that the FG will have to spend more than it earns and borrow the difference. This is what we call budget deficit.#WhereIsTheBalance? Q: So where is the balance? A: The balance is with your State Govt and Local Govt. Please engage them. Ask them questions. Challenge them to show you what they're doing with the amt of money they OMFG!? Not even an experienced tax expert can make head or tail of all that-what the actual fvkc? Competing collection agencies, rival sharing formulas etc etc,aiyayaya,rvp20183,kuja uone! |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 4:07pm On Jan 22, 2019 |
mtisTheQubit: You can own a solar panel instead of buying generators which pollute the environment I dont why nigerians prefer generators to solar panels |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 4:10pm On Jan 22, 2019 |
Ibrahimanis:So what is the problem i think somebody is sabotaging your power system Don't you think so ! ![]() Some generator cartels maybe |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by edon21: 4:13pm On Jan 22, 2019 |
[quote author=tylann post=75008586] So what is the problem i think somebody is sabotaging your power system Don't you think so ! ![]() Some generator cartels maybe [/quote the total arrangement is messy. the leaders did not look into the future before building |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by edon21: 4:14pm On Jan 22, 2019 |
tylann: for people who can't afford the panels and some are not aware |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 4:22pm On Jan 22, 2019 |
Ibrahimanis: Katanka has a future innocent motor does not have a future the guy is in massive massive debt owing gtb owing the chinese. The company has no future. He is just producing vehicles to pay the debts. Even the debt innocent motors is not known he is not coming out clearly how much he is owing also gtb bank is not coming out clearly how much is owing but what we know he is paying 22% interests no company can survive with that type of interest |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Ibrahimanis: 4:22pm On Jan 22, 2019 |
tylann: ![]() No I don't think there is any sabotaging involved, just mismanagement. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 4:28pm On Jan 22, 2019 |
edon21: Between a solar panel and a generator which is expensive ![]() The cost of running a generator is too way expensive |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 4:32pm On Jan 22, 2019 |
Ibrahimanis: Iam not conspiracy theorist But you can't just tell me for all those years Nigeria power sector is still in shambles There is some people in your govt who are benefitting from your power issues |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Ibrahimanis: 4:37pm On Jan 22, 2019 |
For those interested, The FG's fears in refusing to sign the free trade is not unwarranted. "NAN learnt, however, that the prohibited Ghanaian goods were actually manufactured in other countries and shipped to Ghana for re-packaging and export to Nigeria" https://punchng.com/accept-goods-made-in-ghana-diplomat-pleads-with-nigerians/amp/ Nigeria despite it's shortcomings is still one of the most attractive and lucrative market on the continent, so such underhand practice by the Europeans/Americans or wherever the goods are coming from is not surprising. And this is not the first time. Benin Republic imports way more rice than it needs, guess where it gets smuggled to. Nigeria. Same goes for cars, especially used ones. I am all for signing the agreement because it would transform Africa as a whole but not at the detriment of Nigeria. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 4:37pm On Jan 22, 2019 |
sufferNsmiling: We need African countries to manufacture automobile fully made in africa Without importing some parts You mean there are no Africans who can innovate vehicle engines must we import them Uganda students did well by innovating a solar powered bus |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by samsobo24(m): 4:42pm On Jan 22, 2019 |
mtisthequibit man up to the challenge and come out of the gutters from your hiding place. You are a Nigerian. Be bold enough to be objective Mobius isnt Kenyan,its owned by British When we talk indigenous brands owned by real blacks Kenya is found wanting SA is found under the hole I can see that that impoverished black SA white man ass licker is back SA dare not toil with NG We dominate their business chain,take over their shops in Jo'burg and lastly take their ladies Black south Africans have less than 10% feasible business on the stock exchange Kenya and SA are ornithological specimens who variably conglomerate to their various proximity. They suffer modern colonial rule.Whites decide and command too much in their country Watch as they come to attack me ![]() ![]() 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by samsobo24(m): 4:44pm On Jan 22, 2019 |
tylann:we use it very well,but the cost of having an efficient solar system is rather humongous |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by abbeg(m): 4:49pm On Jan 22, 2019 |
edon21:He is here talking for getting how Kenya has lost up to 800 troops to a weaker alshaabab.Alshaabab that doesn't even own tanks.Every single country has casualties in battle no matter how powerful. 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by kikuyu1(m): 4:53pm On Jan 22, 2019 |
edon21: I'm taking a risk and assuming you're capable of reasoning:you've mentioned your tiny harbour security vessel , the NNS Andoni. Fyi,the KN has dredged a 4000 tonne slipway to begin ship building in conjunction with Damen of Holland. That's what they'll be building ,a true ocean going warship. I repeat,one is a 100 footer,strictly inshore patrol boat-look at the free board! The other is a 350 foot warship for anti surface warfare or anti air duties which has been sold to Indonesia,Morocco,Mexico and Romania. The steel ism specifically for naval construction which means it has high hydrogen to be mild so as not to splinter under explosive stress and every step of building must adhere to Damen specs. Look at their website to see the possibilities.
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 4:58pm On Jan 22, 2019 |
Ibrahimanis:sorry boy most of the goods coming from Ghana are produce right here in Ghana BUT SINCE NIGERIA is scared of competition from Ghanaian companies Ghanaian companies have resolved to look elsewhere the sub-region is big |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 5:01pm On Jan 22, 2019 |
Ibrahimanis:guy visit the plants the man mould his own engines build his cars from scratch. Innoson is still importing Chinese CKD for assembly. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 5:04pm On Jan 22, 2019 |
Ibrahimanis:guy in Ghana Kantanka make his own products oo He only imports lightings and some of the electrical units Innoson is the one doing the CKD importation from China |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 5:05pm On Jan 22, 2019 |
Just30: What type of goods and products does Ghana sell to Nigeria And how many Ghana companies are in Nigeria 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by edon21: 5:06pm On Jan 22, 2019 |
abbeg: america once lost about 30000 seals in a war |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 5:07pm On Jan 22, 2019 |
mtisTheQubit: I think the best alternative is generating electricity from water example oxygen or hydrogen like hydrolysis I think that will be the best option. You pass direct current through water and you get out hydrogen I know there are cars which run on water only |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 5:07pm On Jan 22, 2019 |
Just30: You mean kantanka even makes it is own engines So why make engines and import the lightings I have seen kantanka vehicles they are dope ![]() |
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