Stats: 3,186,501 members, 7,929,636 topics. Date: Friday, 23 August 2024 at 06:25 PM |
Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6456168 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)
(1) (2) (3) ... (5621) (5622) (5623) (5624) (5625) (5626) (5627) ... (9933) (Go Down)
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:07pm On Nov 12, 2019 |
rvp2018:I give you a figure from the Authority of the sector and you're claiming it is not authoritative why are you quoting dangote cement when Dangote is just a small player in the cement market in Ghana? |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 3:09pm On Nov 12, 2019 |
Just30:Rvp is failing to get. thanks for the education. 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 3:13pm On Nov 12, 2019 |
Dangote surely knows the industry stats in a market he operates. You gave me dodgy websites. Just30: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 3:13pm On Nov 12, 2019 |
rvp2018:Guy , Nigerians will even tell you that most of the eye brow building in lagos are mostly occupied by those who are in informal sector. In west africa, the guys in informal sector are the big boys. they are smart and professional. that is why it is stupid to used minimum wage to judge the standard of living in both Ghana and Nigeria. Goverment employed very little people.... 2 Likes 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:15pm On Nov 12, 2019 |
Kazikazi: ![]() ![]() ![]() your rants are sounding funny Those cities have grown beyond themselves such that their centre looks dejected but comparing your below standard country is far under the belt. Because Tanzania and Zanzibar are far underdeveloped 3 Likes 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 3:16pm On Nov 12, 2019 |
rvp2018:Lol....Dangote operate under the umbrella of that authority. DANGOTE IS JUST A TINY PLAYER. Ghana is not Nigeria. 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:23pm On Nov 12, 2019 |
rvp2018: you sound really funny Dangote is not even a player yet in Ghana and you think hewill have figures on the Ghanaian sector? anyway, this is from GHACEM, the single largest player in the sector reporting on the sector as at 2017 or 18 https://www.ghacem.com/en/social_contribution Rev. Dr. George Dawson-Ahmoah, who read it out in his welcome address noted the coming together of the cement manufacturers was in recognition of the enormous value addition that is being created by the companies, making the industry a strategic one in the economic development of Ghana. “All together we have an installed production capacities of about 8.6 million tons per annum and creating over 3,000 own and outsourced employees with an average financial contributions of over 500 million Ghana Cedis (direct, indirect taxes, port dues etc) also creating extended business offers to various business entrepreneurs.” he said. Rev. Dr. Dawson-Ahmoah, further indicated that by the close of the year, an additional manufacturing set up with a total capacity of about 1.6 million tons is expected making a total installed capacity of 10.2 million tons per annum. He shows the economic importance of the cement manufacturing industries that called for a united front focusing on ensuring adequate protection against unfair trade practices. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 3:24pm On Nov 12, 2019 |
rvp2018:Simple. in financial stability . You don't come close....foreign remittance, project development, social development,. revenue sourcing. You cant spend such money Ghana will spend.... You can imagine if the informal sector is piloted to the tax scheme, how much Ghana will have been making in revenue cus over 85 percent of them don't pay tax.... Ghana is even yet to tax digital buisness.... more access to make more dolls . Nigeria is also in the same shoe . they are opportunity for goverment to make money...... 2 Likes 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by kikuyu1(m): 3:24pm On Nov 12, 2019 |
rvp2018: You're right as always! I'm skimming through some data and it's looking fishy. Am on my phone now and tied up next 2 or 3 days and will go deep when am free. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 3:27pm On Nov 12, 2019 |
They are talking installed capacity - kenya has 10M or about installed capacity - but we are now selling around 6m. I am talking what was produced and consumed. I think Dangote at minimum understand industry stats. I am going with their figures until I get yours. Just30: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:29pm On Nov 12, 2019 |
rvp2018:the informal economy in China is larger than the formal economy Do you even know the size of the derivatives market in the US and how they managed to bring that into their formal economy? Ghana GDP per capita is 2400 dollars |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by kikuyu1(m): 3:30pm On Nov 12, 2019 |
rvp2018: That 50% overcapacity is very strange! There are normal peaks and dips in consumption but what biz can sustain the cost of such idle capacity indefinitely? Hmmmm... |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 3:34pm On Nov 12, 2019 |
You just invent words - financial stability is what? Let try stick to empirical evidence - not make-belief about some high income informal sector big boys living large in slums. Here is your budget https://www2.deloitte.com/gh/en/pages/tax/articles/ghana-2019-budget-commentary-tax-highlights.html Revenues around 57 billion Ghana Cedis which translated 10B dollars. Kenya does about twice that. You capital expenditure is 11-12%(development budget) - your debt servicing is around 24-25%. vaxx2: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:35pm On Nov 12, 2019 |
Kazikazi:you are funny what do you think 10 million metric tonnes of cement is used for? why should Ghana waste money on marine transport when none of it communities are built along river courses.? Facts still remains that the real estate market in Ghana is bigger and developed than in Tanzania. Why should we build golf courses when golf is not a game appreciated here? how does golf courses make you developed? you wont even talk about the necessities like schools, hospitals 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:39pm On Nov 12, 2019 |
rvp2018:Kenya gdp per capita is $2010 dollars gdp 99 billion population 52 million |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 3:43pm On Nov 12, 2019 |
Every Africa country has huge informal economy. It's hard to measure and therefore we don't have to sweat it. Kenya GDP per capita as of this year will be around 99/47m roughly 2000usd. And Ghana have been aggresively rebasing - every 5yrs - which is strange considering you don't do census or large scale household surveys that often - and so that mean your economic data is pretty-upto-date. Kenya we are on 10yr re-basing cycle - we should be do it soon. Just30: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:44pm On Nov 12, 2019 |
Shma:except GDP spread to the production level of your citizens speaks otherwise |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 3:44pm On Nov 12, 2019 |
It will be around 99/47.5 - around 2100. We just released our census. Total pop is 47.5m (not 52m). Just30: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:47pm On Nov 12, 2019 |
rvp2018:the revenue he is refering to is tax revenue for a country with 52 million people, almost double the number of people Ghana has Your tax revenue shouldn't be less than 15 billion dollars cause 20 billion dollars is an under achievement. tax revenue should always be 25% or above of gdp 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 3:47pm On Nov 12, 2019 |
rvp2018:update yourself or better still ask question, I can link you to where you will read emperical fact not road side statistics.... And I am referring to tax revenue here ....It seems VIA have an outdated numbers but you can consult Ghana revenue authority for more update ... 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:49pm On Nov 12, 2019 |
rvp2018:GOOGLE MAP does Not lie have a real satellite view. aint got time to run around Ghana and take pics |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:50pm On Nov 12, 2019 |
vaxx2:yes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:53pm On Nov 12, 2019 |
Shma:Ethiopia is a special case in Africa after many years of battling droughts and famine |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:55pm On Nov 12, 2019 |
rvp2018:exactly you cant hide wealth and so far, all the stats prove you are poorer |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 3:57pm On Nov 12, 2019 |
You're too light-weight. The data I quoted are projected 2019 tax figures. Ordinary taxes will be around 45 B Ghana cedis - roughly 8B dollars. I wonder what % of this come from minning and oil industry. vaxx2: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 3:58pm On Nov 12, 2019 |
Just30:There is more opportunities of growth in Ethiopia than any country in east Africa . Tanzania too isn't far fetched if she can improve her literacy record. so many unskilled and unprofessional individual in that country. Many of the formal job are played by foreigners. in honest same thing apply to a kenya . there was a report that a multinational company in Kenya employ kenya citizen for the first time in about decade. and it calls for celebration . 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 3:58pm On Nov 12, 2019 |
Very slightly - I hope mining and oil is not distorting the wealth - because you know those sectors are not felt by the common Ghanian. Ask Nigerians. Just30: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 3:58pm On Nov 12, 2019 |
rvp2018:Dangote does not and that is why he is sceptical on continuing his factory after realising that the market is currently oversupplied. He played his role when the market had s short fall of 1 million metric tonnes and specials licenses where given to people to import cement |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 4:00pm On Nov 12, 2019 |
Employ a Kenyan CEO is different from employing a Kenyan. Kenya attract more Multinationals than any country in SSA outside South Africa. In terms of number of Kenyan in Ivy League - Kenya is competing with Nigeria - Ghanians are nowhere in Harvard or Yale or such schools. In PISA like test done in Southern & Eastern Africa countries - Kenya kids annually excel - only 2nd to Mauritus - with South Africa distant Yale Director for Africa “Kenyans continue to hold the largest share of admissions to Yale from Africa, which shows the premium the country puts on quality education.” Data from Yale University provided information on the admission rates of African students with Kenyans taking the biggest slice of the pie with 24 admissions. Nigerian followed closely in admissions with 23 students, Zimbabwe secured the third spot with 18 admissions and South Africa were in last with 16 admissions. vaxx2: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 4:00pm On Nov 12, 2019 |
rvp2018:i gave you a website with Authority A trusted news website in Ghana and not a blog. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 4:02pm On Nov 12, 2019 |
rvp2018:i said update yourself. do this by consulting CIA for additional update . there is no way kenya make more tax revenue than Ghana. what do you want to tax? The banking or the hospitality sector ? Ghana in 2018 rakes nothing less than 9 billion dollar above. this from statistical office and the revenue board ... 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 4:02pm On Nov 12, 2019 |
vaxx2:he doesnt no He hasn't heard of the Ghanaian economic magic Where someone living on a 2000 cedis pay is able to build an 8 bedroom mansion and drives a porch car. 1 Like 1 Share |
(1) (2) (3) ... (5621) (5622) (5623) (5624) (5625) (5626) (5627) ... (9933)
Viewing this topic: 3 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 77 |