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Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) - Foreign Affairs (5804) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6583830 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 SUFFERInSMILIIN(m): 7:31pm On Nov 21, 2019
Oh lord help me my Nigerian people are just hypocrite over here they were supporting the Ghanaians the same people are on another thread insulting other west African countries.

1 Like

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 7:34pm On Nov 21, 2019
Jonraid:
https://en.wikipedia.org/wiki/Overurbanization


Stop embarrassing yourself! The term exist.
its a concoption
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 7:34pm On Nov 21, 2019
Lagos State best city in the world

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 7:35pm On Nov 21, 2019
tylann:


good for you

kenya leads africa africa in producing more than one crop
so there is no competition there
which crops do you produce


grin grin grin grin grin grin

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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 7:35pm On Nov 21, 2019
I love my country I love my right Nigeria is country Nigeria right

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Logobenz0: 7:37pm On Nov 21, 2019
Just30:
which crops do you produce


grin grin grin grin grin grin
Tea and flowers are the crops grin grin grin grin grin

1 Like 1 Share

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 7:38pm On Nov 21, 2019
Nigeria shall survive Africa Will Survive

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 7:40pm On Nov 21, 2019
welcome to the world of sensational journalism
Jonraid:
Maybe you should stop taunting others.Here you go! These thread has massively exposed Nigerians You are not any better!

Rich people have toilets. https://www.pulse.com.gh/news/local/only-40-of-kumasi-residents-have-toilets-kma/bwxksb8


2 Likes 2 Shares

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 7:41pm On Nov 21, 2019
All we are saying make Nigeria come back all we are saying is give Nigeria one more chance

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 7:43pm On Nov 21, 2019
The land is green is green all together we shall make it

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 7:46pm On Nov 21, 2019
Skip-bo internet developing.

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 7:52pm On Nov 21, 2019
The asset-based approach uses the value of assets to calculate a business entity valuation. In its most basic form, the asset-based value is equivalent to the company's book value or shareholders' equity. The calculation is generated by subtracting liabilities from assets



ECG was never being sold
ECG metering and other business is what was being offered for concession.


the liability of ECG stands at 1.5 billion dollars
which is owed to VRA and IPPs.

that debt is owed to ECG by the government of Ghana
A billion dollars of that debt has been cleared and Government has gone ahead to remove most of it schools
from the national grid to protect ECG.


this is the reason why we have decided not to offer any part of ECG for concession.
By the first quarter of next year, ECG will be listed on the stock exchange.


I dont think SGR can ever be listed on the stock exchange of Kenya untill it finish paying it debt to China
Mkenya2019:
It's obvious this kind of stuff is really BEYOND your paygrade. I did not ask for ECG's ASSETS VALUE. I asked for a COMPANY VALUATION BY KPMG.

Yes you have may have 3B dollars worth of assets - but did you check the liabilities you have. The reason why in 2014 ECG was being concessioned away to Filipinos's (Manila Electricity Company) was because it was technical in the red. The US were even willing to give you 450M dollars AID.

A company cannot be valued by looking at it's assets alone smiley You need to look at it's liabilities. And whatever remains is Equity or Capital.

Basic accounting equation Assets - Liabilities = (Shareholders' or Owners' Equity) .

The EQUITY IS WHAT YOULL SELL WHEN YOU LIST. And I am telling you for FREE - ECG has made losses every year bar 2016 - the last 5yrs - has lots of debts - and would be luckly to be valued at 5M dollars.

As for SGR - we had expected a slow start like any business- as SGR dealt with the teething problem. You know we began building the railway in 2014 and by 2017 were transporting millions of customers.And because we had expected slow start - we got 5yr grace period for commercial loan - and 10yrs grace period for the concessionary loan.

Now FACT 1) CARGO as of June 2019 - was at about double the rate of 2018 2) Cargo tarrifi is about double - so even at half year - SGR has earned double last year.

There is a REASON WHY GHANA HAS HAD 16 IMF BAILOUTS while Kenya has barely had any IMF BAILOUT. Countries that have received IMF bailout include likes of Tanzania, Zambia and such backwater countries.

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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 7:52pm On Nov 21, 2019
Just30:
that kind of urbanization is why we are richer than you
more develop than you.


How is Ghana more developed than Kenya yet your own YouTuber Wode Maya attested that Kenya is more developed than Ghana?
grin

2 Likes

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 7:54pm On Nov 21, 2019
i just asked you to pick up any year budget
Jonraid:
You gave out a 12 billion dollar figure,bring that proof!
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 7:56pm On Nov 21, 2019
Mkenya2019:
What do 50% of Ghanians who live in urban areas produce - informal economy? The 70% of kenyans living in rural areas at least produce their own food for starters. You don't see millions of them going to beg in NIgeria and all over the world.
check the industrial scale of Ghana

Check the service sector

1 Like 1 Share

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 7:57pm On Nov 21, 2019
Jonraid:
Of which you can't proof that it happened ?
go back to yesterday and follow the link i posted grin grin grin
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 7:57pm On Nov 21, 2019
To serve our fatherland
With love and strength and faith
The labor of our heroes past
Shall never be in vain
To serve with heart and might
One nation bound in freedom, peace, and unity.

Oh God of creation, direct our noble cause
Guide our leaders right
Help our youth and truth to know
In love and honesty to grow
And living just and true
Great lofty heights attain
To build a nation where peace and justice shall reign.

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx1: 7:58pm On Nov 21, 2019
Just30:
check the industrial scale of Ghana

Check the service sector

You want to send the idiot on another 1 hour errant . he will come here crushing numbers right from his ass....

1 Like 1 Share

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 8:01pm On Nov 21, 2019
This is now Lagos State the best city in Africa

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:02pm On Nov 21, 2019
Kenya real estates

1 Like

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx1: 8:02pm On Nov 21, 2019
Ghana president at G20 summit...... The respect is just too much for an Africa president. Ghana president keeps changing the face value of Ghana ........ This remind me of Mandela.....


https://www.youtube.com/watch?v=JkYM6SlUc30

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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 8:02pm On Nov 21, 2019
grin grin grin grin

Kenya collected 15 billion in 2018
Ghana collected 12 billion in 2018

you are still underperforming for a 53 million populace
Mkenya2019:
One wishes you were talking the truth. Ghana ordinary revenues are not even 8B dollars. KRA collectes 16B - and when all revenues are added up - 20B dollars.
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx1: 8:04pm On Nov 21, 2019
Shma:
Kenya real estates
is that where you live as kenya or just posting it to impress us so we can forget kibera slums and focus our attention on this . A psychological way to temporarily denied failure

2 Likes

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 8:04pm On Nov 21, 2019
funny thing is

Sex for grade is happening in Kenyan universities as we speak

at least, the investigation has forced all Ghanaian universities to strengthen their codes of ethics and provide more room for the problem to be solved.
Jonraid:
That's great then.Meanwhile,how's the sex for grades scandal going for both of you?
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:05pm On Nov 21, 2019
Just30:
go back to yesterday and follow the link i posted grin grin grin
Bro. Can we do kazi way grin?? Post your Accra I post Nai, post your hospitals I do the same, post commercial building I do the same, let the game start. smiley..

1 Like

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 8:05pm On Nov 21, 2019
Lagos State no go carry last

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Mkenya2019: 8:06pm On Nov 21, 2019
read that again.The 1.5B is owed to IPPs for unpaid power.We have another huge debt by likes of World Bank, Ecobank, etc that is straggering.ECG took the loan build their infrastructure like power substation.ECG is worthles.
Just30:
The asset-based approach uses the value of assets to calculate a business entity valuation. In its most basic form, the asset-based value is equivalent to the company's book value or shareholders' equity. The calculation is generated by subtracting liabilities from assets



ECG was never being sold
ECG metering and other business is what was being offered for concession.


the liability of ECG stands at 1.5 billion dollars
which is owed to VRA and IPPs.

that debt is owed to ECG by the government of Ghana
A billion dollars of that debt has been cleared and Government has gone ahead to remove most of it schools
from the national grid to protect ECG.


this is the reason why we have decided not to offer any part of ECG for concession.
By the first quarter of next year, ECG will be listed on the stock exchange.


I dont think SGR can ever be listed on the stock exchange of Kenya untill it finish paying it debt to China

2 Likes

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 8:07pm On Nov 21, 2019
gallivant:


Gabon is also a shithole nation. Their cities look like Ghana's own after producing so much oil and gas. Gabon and Equatorial Guinea are also just Nighas.
im sure if we pull Gabon and Equitorial Guinea performance

they will thrash your country
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 8:08pm On Nov 21, 2019
Shma:
Bro. Can we do kazi way grin?? Post your Accra I post Nai, post your hospitals I do the same, post commercial building I do the same, let the game start. smiley..

Good luck. lol
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by SUFFERInSMILIIN(m): 8:09pm On Nov 21, 2019
Shma:
Kenya real estates

My country's retail Estate

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:11pm On Nov 21, 2019
vaxx1:
is that where you live as kenya or just posting it to impress us so we can forget kibera slums and focus our attention on this . A psychological way to temporarily denied failure
I hate guys who really worship the whites in their extreme end You are just projecting your inferiority complex towards those guys and that is not good as an Africa man. Even if hate is concerned.!
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 8:12pm On Nov 21, 2019
Just30:
which crops do you produce


grin grin grin grin grin grin

Just30:
grin grin grin grin

Kenya collected 15 billion in 2018
Ghana collected 12 billion in 2018

you are still underperforming for a 53 million populace

Just30:
go back to yesterday and follow the link i posted grin grin grin

You can all see the Nigha reasoning. Sounds just like problemchild, zero facts.

1 Like

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