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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6584235 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 vaxx2: 8:13pm On Nov 18, 2019 |
mtisTheQubit:bye .... China aren't friendly either.... 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kennyswagzz: 8:32pm On Nov 18, 2019 |
surplusk:yes.. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 9:22pm On Nov 18, 2019 |
Since the Kenyans and Ghanaian started arguing the Nigerians have disappeared from here. Also that Shona speaking Tanzania has disappeared I want that way he is. While these two are fighting their enemies are sitting and watching.I have a message for that Tanzania Manheru akanaka wakamboenda kupi kana kuti wakahwanda kupi |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by surplusk: 9:45pm On Nov 18, 2019 |
Kennyswagzz: Ummm Only if Nairaland permits me. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Abohboy: 9:50pm On Nov 18, 2019 |
SUFFERInSMILIIN: Idiot that's not a factory someone is just building doors to try and make money most of these pictures have not even been that bad to be honest and have you never heard of street side selling it happens everywhere literally everywhere and please stop lying first you were Kenyan than Ugandan than Tanzanian than Malawian than from Botswana and now Nigeria make up your mind your probably just a stupid oyibo child 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 9:52pm On Nov 18, 2019 |
surplusk: Use your 3G opera mini productively, stop watching porn. You wonder why you are the poverty capital. Smh |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 9:56pm On Nov 18, 2019 |
Abohboy: Is this pidgin or were you home schooled? It's painful to read! 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by surplusk: 10:02pm On Nov 18, 2019 |
gallivant: While times 2 of your population are almost close to the number of people who are not poor in Nigeria 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by NigeriaIsDoomed: 10:03pm On Nov 18, 2019 |
KekeNash:Not even in the next life but you are free to console yourself 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 10:11pm On Nov 18, 2019 |
surplusk: Speak coherently, I don't understand the gibberish you just posted. You should have listened in the classroom instead of watching porn on opera mini. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by surplusk: 10:13pm On Nov 18, 2019 |
gallivant: How will a silly understand when all u post are nonsense. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 10:20pm On Nov 18, 2019 |
surplusk: Listen fam, you are a retard. Don't ever brag about your porn obsession in public again. Go read a book and fix your vocabulary. Adios. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by surplusk: 10:27pm On Nov 18, 2019 |
gallivant: Its not ur faults when u keep giving out ur house wife for a $1 ride sex look at how shameful u are. This is how far ur slowpoke behaviours has taken u. 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 10:28pm On Nov 18, 2019 |
surplusk: Go read a book. I will not argue with an illiterate. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by surplusk: 10:29pm On Nov 18, 2019 |
gallivant:Who is the illiterate when ur reasoning weren't logical. You talk like a daft. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 10:43pm On Nov 18, 2019 |
surplusk: You call this below logical thinking? surplusk: |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kennyswagzz: 10:43pm On Nov 18, 2019 |
surplusk:post it in another place and tag me 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Carmit(m): 12:41am On Nov 19, 2019 |
Mkenya2019:Do you know what a UNICORN is? Lmao! 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by samorobo: 1:04am On Nov 19, 2019 |
Shma: Now this is funny little boy... To begin with britam tower never existed in the year 2013 so automatically your lie has sold you out... Secondly the Google Street view image he posted clearly state 2019 not 2013 as you are Implying...See let me chip this email message a lil' bit...Google images are update regularly (at least every six month) so it is safe to say upperhill images was last updated in around June/July.... Do you know you govt gave every right to sue google if they fail to update their images and potrayed the country bad?...Anyway that is that .. Below are less than 1months old YouTube videos in the shitty roads of upperhill which clearly and undoubtedly is an attestation to google Street view images...... What a zoo you living in...Enjoy your pothole infested bad colour looking village road.(that looks like the road to my village stream ).....no wonder yor photographers over edited their pics instead of protesting to their govt... 2 Likes 1 Share
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by samorobo: 1:18am On Nov 19, 2019 |
GENEGIRIA: My gawd.... MtistheQubit so this is what you guys do just so you escape your zoo to Europe....I taught you guys only swam I didn't also know you do fly mysteriously 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by samorobo: 1:19am On Nov 19, 2019 |
Oh and if you want more herein am to supply screenshot from.random YouTube videos I consumed within the past 20 minutes... What a CBD you gat.....may Lagos never degrade to this level 3 Likes 2 Shares
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by samorobo: 1:22am On Nov 19, 2019 |
PROVERBZ: Yes I saw this on Sunday (opera mini news) evening but the wahala on this thread made me forget...Damn it you beat me to it 1 Like
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by NairobiWalker(m): 4:04am On Nov 19, 2019 |
Just30: Why was the Ghanaian president assassinated? |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 7:15am On Nov 19, 2019 |
Quote of the day for poor Ghanaian CEDIS. The vice President, H.E Dr Mahamudu Bawumia is famously reported to have said that “when the economic fundamentals are weak, the cedi depreciation will expose you” And Just30 - Ghanian currency is managed float regime- not free floating. 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 7:26am On Nov 19, 2019 |
rvp20182:Yet the strength of Ghana's fundamentals was confirmed on March 2019 by Standard and Poor's(S and P) Global, which confirmed Ghana's sovereign rating as B with a stable outlook, after upgrading Ghana's sovereign credit rating from B- to B, with a stable outlook last year. which was the first by S and P for Ghana in ten Years. .... my own quote for kenya...... when you lost over 50 percent of your purchasing power and still maintain ""politically"" strong currency, it is only China that can bail you out.. . cedi is in free float, the market force and goverment reserve determine the exchange rate..... our reserve has been boosted hence the stability of the cedi for the last four month. 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by surplusk: 7:30am On Nov 19, 2019 |
gallivant: Wondering if u ever did some followup to understand the genesis of this discussion before coming up with ur ridiculous post. This time, it wasn't Logical but a mere facts. If the phenomenon seems critical, your country can decide to make some amendment. After all, This is just a comparison between the two nation while we came across a lot of annoying part which can not be over emphasize. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 7:32am On Nov 19, 2019 |
Not only is your regime managed - you have tonnes of forex controls. According to IMF 2018 Country1 Exchange Restrictions and/or Multiple Currency Practices2 Ghana The IMF staff report for the 2017 Article IV Consultation, Fourth Review under the Extended Credit Facility Arrangement, Request for Waiver for Nonobservance of Performance Criteria, and Request for Extension and Rephasing of the Arrangement with Ghana states that, as of August 3, 2017, Ghana maintained one exchange restriction and an MCP subject to Fund approval. The exchange restriction arose from the limitation/ prohibition on purchasing and transferring foreign exchange for import transactions by importers who have not submitted to the commercial bank customs entry forms for any past foreign exchange transactions related to imports, and which are unrelated to the underlying transaction. An MCP also arises because the Bank of Ghana requires the use of its internal rate (i.e., the previous day’s weighted average interbank exchange rate) for government transactions and the surrender of foreign exchange proceeds from cocoa exports funded through the cocoa syndicated loan, without having a mechanism in place to ensure that, at the time of the transaction, this exchange rate does not differ from the rate prevailing in the market rate (i.e., the interbank exchange rate) and the rates u vaxx2: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 7:41am On Nov 19, 2019 |
rvp20182:so what do you now understand by this? don't let me begin to question your logic today .... it is just dammn early here.... what do you understand by manage exchange rate ? and give us how it differ from money control? 1 Like 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 7:45am On Nov 19, 2019 |
As regard kenya - It always been free - floating without any forex controls.IMF recently disagreed because they cannot figure out why KSH is defiantly strong - and put KSHS in "Managed Float" The “other monetary policy framework” category total remained at 46. The number of countries that are not committed to a specific target (the “other” column in Table 2) was affected by four changes during the reporting period: two countries (Papua New Guinea, Uzbekistan) reported the use of a multiple-indicator approach to monetary policy, and two countries (Costa Rica, Jamaica) moved to inflation targeting. A few countries in this category have taken preliminary steps toward a transition to an inflation-targeting framework (Kenya, Mongolia, Mozambique, Sri Lanka, Tunisia). This category includes many of the largest economies, such as the euro area and the United States, where the monetary authorities have sufficient credibility to implement monetary policy without a specific monetary anchor. It is also used as a residual classification for countries for which no relevant information is available and for those with alternative monetary policy frameworks not categorized in this report. Foreign Exchange Int 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 7:47am On Nov 19, 2019 |
Managed - allowed to float within some target/margin. Plus you have tonnes of Forex controls. Kenya has been free-floating until IMF recently classified us "managed float' and we do not have ANY forex controls. vaxx2: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 7:55am On Nov 19, 2019 |
IMF came a flawed conclusion about two years ago - that KSHS was overvalued by 17% - using an experimental methodology best applied to advanced economy Here is our Central Bank Governor - a former senior IMF staff - disagreeing with them. https://www.businessdailyafrica.com/markets/marketnews/CBK-locks-horns-with-IMF-over-shilling-s-valuation/3815534-4873666-ooh56hz/index.html
1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx2: 7:55am On Nov 19, 2019 |
rvp20182: stop lying to us we know. we know how your goverment make it a political issue, since shillings is a sensitive subject cus for every percentage of devaluation, the size of your external debt grows. For every shilling borrowed for dollar loans such as the Eurobond in 2014 and the one borrowed in 2019 at around 87 units, a dollar will be paid back at 101.2 units a dollar currently, or higher if it depreciates further. so your goverment understand the reasons for its protection. looking at the gap between your exports and imports both cyclical and actual, that are currently above normal. it suggest your currency can never be a true reflection of its value, you can't be exporting 5 billion dollar and importing 15 billion dollar worth of goods and still maintain a stable currency... something more is abnormal.... every strong currency have a positive trade balance. your trade negative balance is too huge ....pirchasing power is loosing so drastically ....this alone exposed you... And for kenya to have gone to extreme levels to avoid letting IMF specialists put the value of the shilling to scale by failing to disclose crucial data to assess the shilling’s real value also expose your political massage currency... 1 Like 1 Share |
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