Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,196,065 members, 7,960,405 topics. Date: Friday, 27 September 2024 at 07:29 PM |
Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6511015 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) ... (6833) (6834) (6835) (6836) (6837) (6838) (6839) ... (9933) (Go Down)
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 10:21am On Mar 29, 2020 |
Danielnino00: SA 3 richest men donated over $175 million 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by theenchanter: 10:28am On Mar 29, 2020 |
TayserMahrii:kenya still uses right hand drive? U're really loyal to ur colonial masters. 3 Likes 2 Shares |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just40: 10:34am On Mar 29, 2020 |
theenchanter: 2 Likes 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 10:37am On Mar 29, 2020 |
There is big difference btw Ghana or Nigeria backwater and Kenya prudent financial management. Kenya has been on or wanted to be on an IMF STANDBY facility for exactly this kind of situations. Initially, we had 1.5B dollars credit line opened...in case we need to tap into it...we never needed it. Now we need it...to deal with COVID-19. It's an INSURANCE policy different from the usual Ghana bailout. If you want to know countries that will go under. Obvious case - Nigeria- Oil at 10-20 dollars. That country's economy is done. Gone. The likes of Angola and oil dependant countries will see their GDP get huge hits.4 The rest watch their currency depreciation...Cedis we know the story. It similar to Zambia Kwacha. Kshs took a small hit of 5% to 107 to a dollar..it back up to 104/105...from usual 101/102. Naira..black market rate is already past 450 . Official rate now up from 305 to 360. Bank rate is approaching 400 naira to a dollar. Danielnino00: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 10:40am On Mar 29, 2020 |
Danielnino00: Those days are over the days when oil was the black gold When last did your Nigeria's economy grow past 3% The same way Libya economy is growing at 26% |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 10:40am On Mar 29, 2020 |
Danielnino00: Mombasa port is bigger than any port in Nigeria boy |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Justnotyou: 10:41am On Mar 29, 2020 |
theenchanter: there's nothing special to it. 4 Likes
|
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 10:41am On Mar 29, 2020 |
You're asking Dangote to build roads and now business are fund raising to fight Corona That is sign of a primitive economy. This is a gov job. Gov collects taxes to build roads and fight diseases. GOV DOES NOT BEG OR RECEIVE DONATIONS from business men. Nigeria business and their businessmen...should simply do one thing..they don't....PAY TAXES. Kenya gov has responded to COVID with raft of fiscal and moniteray policy - not a begging bowl to business men. Including lowering the interest rate *CBR to 7.5% per annum (Ghana and Nigeria will get here in year 2050). We have reduced some taxes and will be cutting the expenditures. You don't beg Dangote to build you a road or fund a hospital - you taxes 30% of his income. obaaderemi: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 10:43am On Mar 29, 2020 |
Austine1212:More than $50m. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 10:45am On Mar 29, 2020 |
Danielnino00: It is govt responsibility to fight coronavirus Not the rich guys In the society |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 10:47am On Mar 29, 2020 |
Just40:Guy an lies 1 Like
|
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 10:48am On Mar 29, 2020 |
Nigera Gov budgeted revenues is like 90% Oil - Oil revenues have dropped dead. Their gov is broke. Everyone knows that...so I guess fundraising is probably not a bad idea after all. If they had brains - they would tax those guys with so many extra moneies - they will have nothing left to donate. Instead like in Kenya they would be running all over trying to negotiate for fair taxation. tylann: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just40: 10:49am On Mar 29, 2020 |
Nigeria budgetted on a 45 dollars oil price and oil is down by more than 50% of that price meaning a 50% shortfall Nigeria is casing in big on saving from the usual subsidy it used to provide, thereby filling that 50% shortfall. In other words, Nigeria has lost nothing because they are a big oil consumer. the difference is that, Kenya is dead broke WHILES both Ghana and Nigeria have enough money to last us a year without touching our reserves. Kenya will come out of COVID with a lot of debts rvp20182: 5 Likes 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 10:52am On Mar 29, 2020 |
You seem to be aged but not grown any wiser! Nigeria budgeted oil at 60-65. Not 45. The hit on their economy and gov is so huge - there is no need to debate that. Gov revenues (90%) from oil - getting such a huge hit - and plus Debt Servicing ratio that was already at 75% - plus Naira has collapsed. The remittance won't be coming with developed world in trouble. MAN - NIGERIA IS DEAD AS DODO. KAPUT! Let talk about Ghana - Just40: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 10:52am On Mar 29, 2020 |
rvp20182:Keep your ignorance and lies to yourself,Little indian. Even in India, the government is asking for donations. All over the world private individuals and businesses are donating. 4 Likes 1 Share
|
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Problemkid1: 10:54am On Mar 29, 2020 |
SupaMoist: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by samorobo: 10:54am On Mar 29, 2020 |
jln115: Lol don't call this beautiful..call it ugly .... I thought you had taste Boer.. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 10:56am On Mar 29, 2020 |
Just40:It would be very hard for countries like Kenya to remain balanced economically during and after the dust settles following the coronavirus pandemic if you factored in natural disasters like droughts and locust invasions. 5 Likes 2 Shares |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just40: 10:56am On Mar 29, 2020 |
mtisTheQubit: Again Ghana enquire to access their funds and they said NO because we are not in need of it. Ghana has already provided 100 million dollars for it own relief whiles corporate Ghana provide support to the hospitals. I kept telling you guys that your economy was exposed to so many shocks. 3 Likes 2 Shares |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by samorobo: 10:56am On Mar 29, 2020 |
jln115: Why do you keep making things difficult for yourself, with silly question.... Yes I made that clear in the post you just quoted black boer 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 10:56am On Mar 29, 2020 |
Good for them - a sign of primitivity not the less- and hardly something to be proud of it. Gov has the tools to fight diseases. Gov instead of begging - can tax the hell out of rich men to finance the poor men. obaaderemi: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by samorobo: 10:58am On Mar 29, 2020 |
jln115: If you want me to talk about the plate number then you know what to do...by the way I was admiring the beautiful black sedan car ..lol it is such a beauty .. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by theenchanter: 10:58am On Mar 29, 2020 |
Justnotyou:the blue are those that drive on right hand while the red are those that drive on d left hand. U just shot urself.. learn ur sources carefully before posting 'em. 2 Likes 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 10:58am On Mar 29, 2020 |
tylann: But if the society has the responsibility to help where they can |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 10:58am On Mar 29, 2020 |
tylann:And government is fighting it slings private and big business help. Do you see why people consider you immature? Don't let rvp, the illiterate roadside economist infect you. 4 Likes 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 10:59am On Mar 29, 2020 |
What is 100m dollars? Just40: 3 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by theenchanter: 11:00am On Mar 29, 2020 |
tylann:i hope u posted this as a joke and not for real? 3 Likes 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by samorobo: 11:00am On Mar 29, 2020 |
TayserMahrii: You are one confused living being .there is a difference between me having to say something (in the case of jiln5) and having to hear you say something weasel.. 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 11:01am On Mar 29, 2020 |
Just40:Lie to your fellow WAs ... IMF’s African Department director Abebe Aemro Selassie today made the following statement: “Last week, the IMF received Ghana’s request for a disbursement under the Rapid Credit Facility to help the country address the economic impact of the COVID-19 pandemic. We are working hard to evaluate the authorities’ request and bring it forward for Executive Board consideration as soon as possible.” 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 11:01am On Mar 29, 2020 |
Easy-open your google SE - and type Nigeria economy - and click news tabs. Your gov without oil money is dead. Your economy without oil is dead. What is left is Dangote and the likes to try to rescue you. Wait for inflation and devaluation. obaaderemi: 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just40: 11:01am On Mar 29, 2020 |
rvp20182: Again you dont understand the oil market Nigeria is the single largest consumer of oil products on this continent. They are also producers and their 2020 budget was 45 dollars. Their savings on a 20 dollars oil price from the current subsidy program has ofset the revenue loss. 2 Likes 1 Share |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp20182: 11:02am On Mar 29, 2020 |
Yes that another name for BAILOUT - Rapid Credit Facility Kenya want Standby Credit Facility - INSURANCE. mtisTheQubit: 4 Likes |
(1) (2) (3) ... (6833) (6834) (6835) (6836) (6837) (6838) (6839) ... (9933)
Viewing this topic: 1 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. 63 |