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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6431904 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 tylann: 7:58am On Apr 11, 2019 |
vaxx2: Why is Africa underdeveloped ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 8:00am On Apr 11, 2019 |
IMF ranks Nigeria second worst performance on use of sovereign wealth The International Monetary Fund, IMF, Thursday, in its Fiscal Monitor report released at the ongoing Spring Meetings of the World Bank and IMF in Washington, United States of America, has ranked Nigeria as the second worst country in the world in the use of Sovereign Wealth funds. PDP queries FG, Presidency over N24.38tr debt profile This is even as the Fund advised the federal government to embark on tax reforms while using other fiscal policy instruments to complement the monetary policy in order to enhance economic growth amidst growing protest by Nigerians over proposed increase in Value Added Tax, VAT. The IMF Fiscal Monitor report showed that Nigeria beat only Qatar in the 33 country ranking where Ghana Sovereign Wealth Fund came second on the top performers after Columbia. The Fund explained that the index was compiled using the corporate governance and transparency scores of the sovereign wealth funds and the size of assets as a percentage of 2016 GDP of the countries considered. The Report stated: “It is critical to develop a strong institutional framework to manage these resources—including good management of the financial assets kept in sovereign wealth funds—and to ensure that proceeds are appropriately spent. “The governance challenges of commodity –rich countries – that is, the management of public assets- call for ensuring a high degree of transparency and accountability in the exploration of such resources. Countries should develop framework that limits discretion, given the high risk of abuse and allow for heavy scrutiny.” Meanwhile, Director, Fiscal Affair Department of the IMF, Mr Vitor Gaspar, Thursday, said that tax reform is a major issue in Nigeria and must be given adequate attention. He said: “Nigeria can use excise tax and also give tax incentives and exemption to enhance economic growth. Fiscal policy should tread carefully to balance growth and sustainability objectives.” He advocated for inclusive and growth-friendly budget re-composition to upgrade tax, social spending, and active labour market policies, as well as investment in infrastructure for better public service delivery.” While commenting on global fiscal policy, he said: “Over the past decade, fiscal policy has focused primarily on macroeconomic stabilization in response to shocks, notably the global financial crisis. Less emphasis has been placed on reforms to foster long-term inclusive growth by adapting to changing demographics, advancing technology, and deepening global integration.“ In many countries, public and private debt hover near historical peaks, long-term growth and development prospects are uninspiring, and inequality remains striking. With global growth slowing and uncertainty rising, fiscal policy should prepare for possible downturns—balancing growth and sustainability objectives—while also putting more emphasis on reforms to adapt to a fast-changing global economy. Read more at: https://www.vanguardngr.com/2019/04/breaking-nigeria-ranks-2-worst-in-use-of-sovereign-wealth-fund-in-the-world/ 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:02am On Apr 11, 2019 |
obaaderemi: What an old mofo! |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:05am On Apr 11, 2019 |
jln115: Moral of the story; you cant get an objective opinion from a beneficiary of the crooked system ![]() ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Justnotyou: 8:06am On Apr 11, 2019 |
Jonraid: I like this, Sudan, Tunisia & Libya are out of the top 10, hopefully forever, SS Africa should now focus on removing the other three anomalies off the list... |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:07am On Apr 11, 2019 |
1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:13am On Apr 11, 2019 |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 8:18am On Apr 11, 2019 |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:20am On Apr 11, 2019 |
Horus: Egyptian wigs NOT colonial wigs. Malema should be the president of SA ASAP! We want to see total emancipation !! ![]() |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 8:36am On Apr 11, 2019 |
TayserMahri: Kenyan judges dont wear wigs |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 8:39am On Apr 11, 2019 |
tylann: I actually don't believe all africa country are underdeveloped.What we have is allowing hunter to tell the story of how he hunt the lion. Until lion write his own story, the world in general Will still view africa as underdeveloped. Surely, there are trully underdeveloped african countries just like we have in eastern Europe amd southern America. But there is another africa that the media never wants us to know.. i mean the positive africa that is prosperous and progressive and it is just as developed as the Western europe. . Sadly, the NGO industry machine and the western countries never want you to see this side.. So many african state do have state of the art tech . we even use high tech gadgets like the rest of the world, I myself use a PS4 right in Ghana before. while using LTE internet to stream and download online games at great speeds. In african countries (that i know of like Nigeria, ivory coast, Ghana)had an impressive banking system . wherever I am in the country as long as I have my phone or tablet. I. Can conduct my transaction anywhere.. i also know we have online shops which are similar to Amazon (such as Tonaton ). We have an impressive call cable tv . Soth africa called it . (DSTV) where we can also stream movies etc. we have smart TV’s as well. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:50am On Apr 11, 2019 |
tylann: Maraga and Co returned them. CJ Mutunga had done away with them. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by NairobiWalker(m): 8:53am On Apr 11, 2019 |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 8:56am On Apr 11, 2019 |
TayserMahri: But they don't still wear them |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 9:00am On Apr 11, 2019 |
vaxx2: Is there any country in Africa that is developed |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 9:03am On Apr 11, 2019 |
tylann: They do when they feel like
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by ChristianNorth: 9:03am On Apr 11, 2019 |
4248 pages is a RECORD!!! Out of envy, the mod pushed a thread that has to do with Nigeria to the foreign section to bury it. No wonder the country is not progressing. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by kikuyu1(m): 9:04am On Apr 11, 2019 |
mtisTheQubit: What's the name of this place? |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by AskiaHarem(m): 9:09am On Apr 11, 2019 |
ChristianNorth:
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Stevoh18: 9:29am On Apr 11, 2019 |
The most recent news from Kasarani, Nairobi 2 Likes
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kazikazi: 9:29am On Apr 11, 2019 |
tylann:Are u sane? Do u want to have a beauty contest with united republic? |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 9:33am On Apr 11, 2019 |
Kazikazi: Diani beach in Kenya is the best beach in Africa |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 9:34am On Apr 11, 2019 |
Stevoh18: Too bad Why travel all the way from Nigeria to come to Kenya to deal with drugs |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Stevoh18: 9:39am On Apr 11, 2019 |
tylann: Imagine, living in Nigeria must be one hell of a life... I think Kenya handling them very good, see what happening to them in South Africa, Libya, and even in EU and US |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 9:42am On Apr 11, 2019 |
Stevoh18: That is too bad they come in as students only deal with drugs |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 9:55am On Apr 11, 2019 |
TayserMahri:Obviously you have not followed the conversation at all!! Not once have i stated we are not African or even remotely suggested to that..........Read the entire conversation before you make accusations! |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 9:56am On Apr 11, 2019 |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by PROVERBZ(m): 10:00am On Apr 11, 2019 |
this place has been derailed I no longer see pictures from Kenya and Nigeria am not blaiming anybody but ghanians and south Africans should open another thread instead of derailing kuramo beach residents Victoria island boundary of eko Atlantic and vi finally completed best pics I could get 1 Like
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Stevoh18: 10:05am On Apr 11, 2019 |
Jonraid: Magufuli brainwashed Tanzanians how they'll beat Kenya economically by 2020 ![]() I think we might overtake Algeria before Morocco... |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 10:06am On Apr 11, 2019 |
PROVERBZ: Kenya vs Nigeria sh!t is boring Let other Africans share their views |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 10:08am On Apr 11, 2019 |
Stevoh18: We will soon double tz With all that natural resources they are massively underperforming |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by PROVERBZ(m): 10:12am On Apr 11, 2019 |
tylann:so far they are not sharing any important thing here just some stupid posts attacking Nigeria and some stupid articles about starvation and some useless rankings the old guys should come back abeg now more of the type of apartment I shared earlier this one is located in the perieinkle island they are called oxygen apartments interesting to note how private org have adopted this kind of projects in Lagos they biuld roads provide amenities etc will be posting updates on constructions
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