The government floats 2 and 15 year bonds in the domestic market

1.1 billion dollars worth of bonds are offered to it

The Treasury snubs 620 million worth of bonds and accepts the remaining balance

There is much liquidity it seems! We need to leverage this high liquidity into a platform where the government can fund projects without looking at the international markets but sourcing the monies internally.However,concerns such as the government competing with the private sector for the same domestic cash into the economy keep popping up!

https://www.businessdailyafrica.com/markets/capital/Treasury-snubs-Sh62-billion-in-bond-auction/4259442-4949816-ocwxuoz/

mtisTheQubit:



thats what am trying to point out here..niggas just wanna show the freaking little cash they have stolen from the society..Africa the land of idiots..

freaking little of nothing stolen from the sweats of poor africans....

and the most they send abroad and even pay tax on it....

african leaders all disgust me....

Just30:

There are just lots and lots of things we don't talk about especially when it comes to Nigeria
They are allowed to be loud

No dont let them belittle you like that. Its an abomination considering Ghana was the first country to gain freedom in black africa...

mtisTheQubit:

its not funny....that guy is fvckin annoyin....

Just30:
i cant say how much he is worth because i dont know how much money he makes.
All i know is, his company export no less than 500 million dollars of gold per year

Government claim to be losing about 30 billions of dollars annally thru gold smuggle. Are you sure menzgold is not encouraging this lost by buying from local market.

bantudra:


why cant you build sometype of coalition like ecowas in east africa....??

We have IGAD comprised of Kenya, Uganda, Ethiopia, Djibouti, Eritrea, Somalia, Sudans. Congo is not a member. IGAD sends troops to member countries when needed.

TayserMahri:


We have IGAD comprised of Kenya, Uganda, Ethiopia, Djibouti, Eritrea, Somalia, Sudans. Congo is not a member. IGAD sends troops to member countries when needed.

and why is congo not member....??...congo needs help....

be a real big brother and help....

mtisTheQubit:

i dont want an e-war with the mzansi babe... .also i hear they have diversified on other stuff

the Mzansi babe was cool no ewars.

rvp2018:
That is same fate that awaits Nigeria. Nigeria GDP recently reduced from 500 to 350B. That is fate that afflict countries that depend on 1 or 2 resources and don't have a diversified economy. If Oil prices tanks - you can bet lot of economies will be wrecked.

This map shows which countries are most dependent on natural resources

That map is very very interesting whatever happens to natural resources in the world somalia will not be affected how interested. If natural resources price collapse somalia is the safest country to be in

TayserMahri:


Global powers fvck with everyone. Congo was a special case with leaders like Mobutu Sseseseko.

Mobutu ssesseko was a joke of a leader

bantudra:


and why is congo not member....??...congo needs help....

be a real big brother and help....

Congo is complex bro

tylann:

Maybe oil makes countries too lazy to diverse they economy

Take a look at america when the price of oil collapse they shut down a lot of oil wells and started importing and also exporting. I think oil is not just profitable the people which make the money are the huge oil and the youth multilateral companies

TayserMahri:


Congo is complex bro

Global powers have made congo a warfield

https://www.the-star.co.ke/news/2019/01/25/uhuru-raila-hand-in-congo-presidential-poll-revealed_c1883670


https://www.nation.co.ke/news/Kenyan-link--in-Tshisekedi-election-victory/1056-4932748-14fq85w/index.html

What's your note on this?

TayserMahri:


Congo is complex bro

tylann:

Mobutu ssesseko was a joke of a leader

The guy was richer than his country coffers. His now destroyed palace, below, his automated bed used to rise from the floor when he went to sleep (3rd pic)

Jonraid:
https://www.the-star.co.ke/news/2019/01/25/uhuru-raila-hand-in-congo-presidential-poll-revealed_c1883670


https://www.nation.co.ke/news/Kenyan-link--in-Tshisekedi-election-victory/1056-4932748-14fq85w/index.html

What's your note on this?

I think we now finally have Congo in our pockets. We have our man in power. Those minerals!!!! They should keep coming

TayserMahri:


Congo is complex bro

hmmm....so you wan tell me no chance...??...

bantudra:


hmmm....so you wan tell me no chance...??...

There's a good chance. Kenya is at the driving seat in Congo right now. They just elected our main handpicked man Tshisekedi who was up against Brussel-backed Martin Fuyulu. Kenya has finally but surely helped Congo set itself free of Leopold and Belgium.

TayserMahri:


There's a good chance. Kenya is at the driving seat in Congo right now. They just elected our main handpicked man Tshisekedi who was up against Brussel-backed Martin Fuyulu. Kenya has finally but surely helped Congo set itself free of Leopold and Belgium.

good,good...that is a start...we must somehow give them space to think for themselfs....

we africans must learn to shield each other off from global sharks...

the same way nigeria,senegal and others shielded off gambia....

good job....

sufferNsmiling:


That map is very very interesting whatever happens to natural resources in the world somalia will not be affected how interested. If natural resources price collapse somalia is the safest country to be in

Somalia is doomed and going to remain so. No matter what happens in world.

TayserMahri:


So finally a Nigerian firm can undertake a similar project. Sounds legit. But Africa still has a long way till we can actually make the dredgers ourselves. Africans need to aggressively invest in science and technology. Science would solve 80-90 % of our problems but we seem cursed. Just cant do it. Its that simple. Invest in science, tech and teach people to solve problems logically & systematically...

indeed the university proposed at enyimba economic city is only for science and technology and they submitted a request for a certificate since 2018 which has been granted now I take you back to the lekki free trade zone the head quarters when this is done business will get done heee and revenue will be generated which will later be uses to repair the already existing parts of Lagos and Nigeria and most importantly it will combine with eko Atlantic , Victoria island and the orange and periwinkle islands to form a very large mega city
.the future is bright

vaxx:
Government claim to be losing about 30 billions of dollars annally thru gold smuggle. Are you sure menzgold is not encouraging this lost by buying from local market.

yes i am
because they are licensed to buy gold so they report on the amount the export

TayserMahri:


The guy was richer than his country coffers. His now destroyed palace, below, his automated bed used to rise from the floor when he went to sleep (3rd pic)

Those are the type of leaders the west chose for Africa so that africa can remain doomed
Patrice lumuba could have been a good leader for congo

TayserMahri:


No dont let them belittle you like that. Its an abomination considering Ghana was the first country to gain freedom in black africa...

They cant belittle Ghana
they will just be laughing at the wrong side of their mouth

gallivant:


How can we help the Congo or Somalia? Who will help us? Different countries need different approaches and only it's people know the solutions to their country. Let the Tanzanians or CIA help, they like getting involved in people's domestic disputes. Us we will trade with the Congolese and help without undermining their sovereignty. Principles.

It looks like tanzania is more interested in southern africa and trading with sadiq countries. I even heard rumours that they want to be part of sadiq so if tanzania move their economy to target southern african countries the only country which will gain will be south africa

edon21:


do you want to tell me that power supply is 100 percent in every nook of Ghana?
since every gov wants the best for it's people

Ghana is really really trying in electricity

sufferNsmiling:


It looks like tanzania is more interested in southern africa and trading with sadiq countries. I even heard rumours that they want to be part of sadiq so if tanzania move their economy to target southern african countries the only country which will gain will be south africa

Tz should move out of eac and leave us in peace

sufferNsmiling:


It looks like tanzania is more interested in southern africa and trading with sadiq countries. I even heard rumours that they want to be part of sadiq so if tanzania move their economy to target southern african countries the only country which will gain will be south africa

TZs are crybabies full childish jelousy

sufferNsmiling:


Sowore is what we need right now for president

He is criticizing the nigerian elders for destroying the youth future. He is telling 100% the truth. Look what useless people like buhari obasanjo Atiku abacha babangida have done to nigeria today total a conical collapse life expectancy is falling. This guy knows what he is saying he is criticizing this elders for destroying the country. Just like me

After going through your posts on this thread, your endorsement of the man is no recommendation. Lol, Nigeria had better thourougly research whether the man is truly Nigerian.

theenchanter:
Ghana wanted to help Nigeria build a nuclear plant?

The things I read here sha.

That news is good but this one is even much better

bantudra:


common nigerians never called their selfs giant of africa...it was politicians that did that....

politicians are useless....this is what they do....

accusing common nigerians that we claimed that title is stvpid....

who giant of africa title epp sef....??

Wasn't it a nigerian politician which went abroad and said nigerian youths are lazy that was my best moment

Litmus:


After going through your posts on this thread, your endorsement of the man is no recommendation. Lol, Nigeria had better thourougly research whether the man is truly Nigerian.

Does it matter if the person is nigerian or not all we need is somebody which can move the country forward not all of this lazy old buggers.