Abohboy:



Your an amazing liar two buildings are already complete azure peninsula should be visible and there is no canal let me show you an actual image, this is from October as you can see alpha tower finished azure peninsulacoming up and two completed Eko pearl buildings

Abohboy:


S you just eat plain pounded yam look at this mumu man and than what is this amber that you talk of this child just makes no sense and let’s nit make an argument about which jollof is better it is opinion and depends completely on who cooks it but it is pretty clear that you just went to google and searched all of those things now what does omi tuntun mean

Jasparrow1:
Sharaaaap foolish goat you're the dumbest animal in the world. You're only displaying your stupidity nobody gives a fvck about the nonsense you're posting you're the most useless Kenyan in the ZOO foolish poverty stricken badstard

SUFFERInSMILIIN:


When I came here at first you said I was a Ghanaian then you said I was a Kenyan. Did you said I was from Benin Republic. Did you said I was in South Africa. Then you said I was a Zimbabwean and now back to a Kenyan. Believe what you want but I am a born-and-bred Nigeria which had to do what was right

samorobo:



Lol 11 towers is joining that azuri peninsula making it a total.of 14 towers under construction.....

Three more building was jus approved 3 days ago which is scheduled for construction next year..it is called "LA Definition"..

SUFFERInSMILIIN:


When I came here at first you said I was a Ghanaian then you said I was a Kenyan. Did you said I was from Benin Republic. Did you said I was in South Africa. Then you said I was a Zimbabwean and now back to a Kenyan. Believe what you want but I am a born-and-bred Nigeria which had to do what was right

Abohboy:


S you just eat plain pounded yam look at this mumu man and than what is this amber that you talk of this child just makes no sense and let’s nit make an argument about which jollof is better it is opinion and depends completely on who cooks it but it is pretty clear that you just went to google and searched all of those things now what does omi tuntun mean

Jasparrow1:
You're a foolish animal a bombastic Scallywag for that matter useless fool, you told us that you're not a Nigerian, that you're a kenyan. you think I don't know take your stupidity to your starving shitthol, nobody gives a fvck about you and your useless thought

SUFFERInSMILIIN:


Find the place where I said I was a Kenyan or Ghanaian. It looks like everybody has forgotten about the Kenyans and Ghanaians only suffering and smiling is taking on all his own people Nigerians

SUFFERInSMILIIN:


On Iwo Road in ibadan there is a building called omi tuntun next to stanbic bank. It is about 500m from my birthplace.
Second omi tuntun rain
Third water, cold water, or new rain

Endless Borrowing Will Lead to Endless Sorrowing.

By Atiku Abubakar.

John Quincy Adams once said “there are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” He may have very well been referring to Nigeria of the last three years.

Barely two weeks ago, I warned during my Founder’s Day lecture at the American University of Nigeria, Yola, that Nigeria had taken almost as much foreign debt in the last three years, as she had taken in the thirty years before 2015 combined. Now that is frightening. And very true.

Frightening, not just because of the amount, but because after such unprecedented borrowing, we have emerged as the world headquarters for extreme poverty and the global capital for out of school children. It begs the question: what were the funds used for?

I have said it time and again. The business of government is too serious to be left in the hands of politicians. We must all ask questions because if they throw away the future, it is not going to be their future they are throwing away, it will be all our futures.

The fact that Nigeria currently budgets more money for debt servicing (₦2.7 trillion), than we do on capital expenditure (₦2.4 trillion) is already an indicator that we have borrowed more money than we can afford to borrow. And the thing is that debt servicing is not debt repayment. Debt servicing just means that we are paying the barest minimum allowable by our creditors.

And while spending 50% of our current revenue on debt servicing, this administration wants to take further loans of $29.6 billion! To say that this is irresponsible is itself an understatement.

As a businessman, one of the very first things I learnt is that you do not take loans except you are expanding your business. Even as an individual, when your income cannot fund your lifestyle, you are challenged to grow your income, not your borrowings.

Even if this administration borrows $1 trillion, it will never be enough because their challenge is one of capacity. They are not using the funds they already have wisely. They do not need more debt. They need more intellectual capacity.

The money the Muhammadu Buhari administration wants to borrow to fund its Medium Term Expenditure Framework (MTEF) could be acquired without sinking the nation into further debt. All it requires is visionary leadership and business acumen.

In my economic blueprint, I said that rather than turn in regular losses (which it has consistently been doing), the best thing to do with the Nigerian National Petroleum Corporation is to reform it. Of course, the administration’s paid propagandists went into overdrive, accusing me of planning to sell the NNPC to my friends. But just last week, Saudi Arabia’s ARAMCO, the most profitable company in the world, took that route and almost broke the global stock market with the most successful initial IPOs in world history, bar none. Ironically, Saudi Aramco raised $29.4 billion via this IPO. Just the amount this administration wants to borrow.

That could have been Nigeria’s story, but for our failure of leadership. By reforming the NNPC, Nigeria can raise the $29.6 billion the Buhari regime wants to borrow, and we will raise the money without going into debt.

If we had taken that route, not only would we have attracted Foreign Direct Investment into Nigeria, but even better than investment, we would have attracted confidence in our economy, because it would have shown that we have a thinking leadership.

Take the example of the Nigeria Liquified Natural Gas company. This is a joint venture between the Nigeria government and the private sector. Yet, while the NLNG declares very handsome profits, in billions of dollars every year, the NNPC declares losses! This is proof that the NLNG model works, and the NNPC model does not.

Moody’s, the world’s preeminent rating agency, has just downgraded Nigeria. Ghana, a nation with only 15% of our population, now attracts more Foreign Direct Investment than Nigeria, and Rwanda, a country with less than 15% of our mineral endowment, has an economy that is growing at twice the rate of our economy. The problem is not revenue. The challenge is not Nigerians. The issue is leadership.

While there is scant information in the Medium Term Expenditure Framework for what the loan would be used for, I could not help but read a communication from the Presidency to the effect that one of such projects would be the digitalisation of the Nigerian Television Authority and other similar projects.

Spending revenue on such projects would be foolish, but spending loans in such a manner is nothing short of foolhardy. The Nigerian government does not have a good record of running businesses, and a public television network is unlikely to yield the type of income that would justify taking out loans to digitalise it. Besides, is that a priority, when we have 12 million children out of school? Like I said, capacity, not revenue, is the problem.

And in proof of this, I offer the example of how this administration took delivery of $322 million Abacha loot in 2018 and claimed it shared it out to poor Nigerians, only to obtain a $328 million loan from China, allegedly for ICT development the very next month. How do you share out $322 million and then borrow $328 million? Who does that? At the risk of repeating myself, it is clear that no amount of money, whether from revenue or borrowings, will be enough for an administration that lacks capacity.

So, what must Nigeria do now? Rather than profligate borrowing, what Nigeria needs to do is restore investor confidence in our economy. Key to that is respecting the independence of key institutions, such as the Judiciary and the Central Bank of Nigeria. Both of these institutions are now the captives of Buhari and his cabal, and though they are loathe to admit it, they cannot take one step without watching their backs.

Why are foreign investors leaving Nigeria for Ghana? The answer is that Ghana, unlike Nigeria, has learnt how to divorce key institutions from politics. The Ghanaian central bank enjoys a degree of independence that our own CBN can only dream of under the prevailing atmosphere. You will not hear Ghana’s leaders give flippant interviews overseas about their plans for the cedi, as Buhari has done in Europe about the Naira. It rang alarm bells because it is not the job of the executive to interfere in the role of the reserve bank.

Neither will you find Ghana’s leaders blatantly intimidating the judiciary by obviously setting up judges and invading courtrooms. Why would any investor come to Nigeria under such prevailing circumstances? Their thought would be that if they had industrial disputes, our courts, under this administration, could not be counted on to deliver impartial justice.

I was part of a team that paid off Nigeria’s entire foreign debt. I, therefore, cannot sit and watch an administration without vision squander our children’s future by taking and wasting loans that they do not even have the capacity to utilise properly.

Thank God for leaked memos that have exposed the lies this regime has told Nigerians about unprecedented revenues in the Federal Inland Revenue Service and the Nigerian National Petroleum Corporation. Now, we know that Nigeria is not poor because she is not making enough money. The truth is that Nigeria is poor because she is not making the right leadership decisions.

Thomas Jefferson said, “to preserve our independence, we must not let our rulers load us with perpetual debt.” Dear citizens of our beloved nation, this is a call to heed.

President Olusegun Obasanjo and I paid off this nation’s debt, and I will not stand idly by and watch while Nigeria is plunged into second slavery by those who only know how to reap where they have not sown.

Our youth must have something better to inherit from us than unsustainable debt fuelled by insatiable greed. That is why I call on the Senate of the National Assembly to show loyalty to Nigeria and reconsider its decision with regards to approving Buhari’s $29.6 billion loan request.

We need to pay heed to Benjamin Franklin’s advise that “he that goes a borrowing goes a sorrowing”. I call on Nigeria’s youth to identify the Senator representing their senatorial zones and write to them, urging them to vote against this request. Do this, because it is you and your children that will pay back these loans that would be squandered by this ravenous cabal who do not have the word enough in their vocabulary.

SUFFERInSMILIIN:


On Iwo Road in ibadan there is a building called omi tuntun next to stanbic bank. It is about 500m from my birthplace.
Second omi tuntun rain
Third water, cold water, or new rain

SUFFERInSMILIIN:


Nigeria is completely broke buhari who surrendered Nigeria

Abohboy:



That is freaking Atiku he is a thief he sold Alscon for 250 million dollars when it was a 3.5 billion dollar company and he stole 16 billion dollars which was meant for electricity why would anyone listen to him honestly he is the one who put us in this position, and the borrowing if you invest in agriculture,mining,tourism, electricity you will make a profit from it and the debt will be paid back even the IMF said Nigeria’s debt to GDP rate is safe and there is nothing to worry about meanwhile in Kenya it will reach 65% by 2025 but sure were the ones who should be worrying

And just so you know America’s debt is the same size as it’s economy America has 22 trillion dollars of debt and it’s whole economy is worth 22 trillion dollars but no one says anything about america’s Debt which is 100% gdp to debt ratio

Kenyanstar:
KENYA
State of the art immigration center at the KENYAN-ETHIOPIAN border point.
Quality of our border entry point is amazing awe inspiring since all the data input is sent to one centralised point.

jln115:
yeah I know.... [s]But the actual point I was making obviously flew over your head[/s]

jln115:
uhm it's that simple...... I physically typed "its not rhetorical" and since iam the one asking the question I can decide whether its rhetorical or not....... And my question btw wasn't rhetorical!

jln115:
I saw the meme...... But it was actually meant for you

jln115:

Well if the "guy" in your story can't use common sense to distinguish which is which from his first question/answer then his second question doesn't matter how ret@rded it is, is still a non rhetorical question and thus he is looking for a direct answer.

jln115:

But anyway let's skip this whole rhetorical or not charad and get to the point....... You obviously think because I'm white then I am a foreigner, am I wrong?

SUFFERInSMILIIN:


Keep on fully yourself up and down the place in Nigeria we do nothing for Nigeria not in the next 10 billion year

crash12345:
38.7 % of Kenyans are Poor – UNDP Report

Recent surveys indicate that 38.7per cent of Kenya’s population or 19.2 million people are poor while an additional 34.9per cent or 17.3 million people are classified as vulnerable.
According to the 2019 Human Development Report, published by the United Nations Development Program(UNDP), Kenya’s Multidimensional Poverty Index (MPI) is 0.178. This is compared to Cameroon’s 0.243 and Tanzania’s 0.273
MPI is the share of the population that is multidimensionally poor, adjusted by the intensity of the deprivations.
In Kenya, 23.3 per cent of parliamentary seats are held by women, and 29.8per cent of adult women have reached at least a secondary level of education compared to 37.3per cent of their male counterparts.
For every 100,000 live births, 510 women die from pregnancy related causes; and the adolescent birth rate is 75.1 births per 1,000 women of 15-19 years.
Female participation in the labour market is 63.6 percent compared to 69.1 percent for men. Cameroon and Tanzania are ranked at 140 and 130 respectively on this index.
Kenya has a Gender Inequality Index (GII) value of 0.545, ranking it 134 out of 162 countries.
The 2019 Human Development Report (HDR) explores inequalities in human development by going beyond income, beyond averages, and beyond today.
Kenya’s Human Development Index (HDI) value for 2018 is 0.579—which put the country in the medium human development category—positioning it at 147 out of 189 countries and territories. The rank is shared with Nepal.
The HDI is a summary measure for assessing long-term progress in three basic dimensions of human development: a long and healthy life, access to knowledge and a decent standard of living.
A long and healthy life is measured by life expectancy. Knowledge level is measured by mean years of schooling among the adult population, which is the average number of years of schooling received in a life-time by people aged 25 years and older; and access to learning and knowledge by expected years of schooling for children of school-entry age, which is the total number of years of schooling a child of school-entry age can expect to receive if prevailing patterns of age-specific enrollment rates stay the same throughout the child’s life.
Standard of living is measured by Gross National Income (GNI) per capita.

https://kenyanwallstreet.com/38-7-of-kenyans-are-poor-undp-report/amp/

Aderr:
You are as dumb as a flying fvck. Your question was rhetorical and I will continue to drag you along if you continue to argue otherwise for whatever foolish reason you harbour.

Aderr:

You should be a comedian. Okay, should we then see your question as 'retar.ded'?
Stupid question. I don't know you and don't give a shit what you are one way or another.

jln115:
Stupid??
Sorry bro but my 2 degrees and the fact that I'm currently busy with my CFA disagree with that statement

And my question wasn't rhetorical.

jln115:
well for people like you who clearly lack common sense it might seem ret@rded but in the real world its a 100% legitimate question

jln115:

Well I didn't say you care who I am..... However judging by the fact that you stalked my profile I would suggest you do in fact care but the fact is you were insinuating that white people are foreigners in SA, am I wrong?