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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6555288 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 obaaderemi: 8:48pm On May 26, 2020 |
samorobo:Their economy is just $60bn. That's why. 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 8:50pm On May 26, 2020 |
rvp2018:Your budget is lower than Nigeria's budget. Meanwhile a third of your budget gets routinely stolen yearly. You are far from wise. 3 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by sherlock229(m): 8:51pm On May 26, 2020 |
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 8:52pm On May 26, 2020 |
You're as always very obtuse. Nigeria has 30-50 basic items including sugar that are banned from being imported. We know Nigeria is not self-sufficent in sugar. So basically Abuja bans something - and they issue import waivers to their financiers or friends. And those people get captive market of 200m to sell basic commodities like Sugar at any price. samorobo: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 8:56pm On May 26, 2020 |
And here is how Obasanjo created Dangote A major beneficiary of the Obasanjo tax and duty waiver illegalities is the billionaire businessman, Aliko Dangote and his Dangote Group of Companies. A Dangote company report published in 2006 showed that at that time, the company controlled 81 percent of the Nigerian sugar market, 40 percent of the cement market, 33 percent of the flour market, 54 percent of the pasta market and 72 percent of the salt market. “The latest figure indicates that the Dangote Group still maintains the first position in each of these commodities; now controlling about 93 per cent of the sugar market, 86 per cent of cement, 73 per cent of flour, 74 per cent of pasta and 89 per cent of salt.”44 It was therefore not surprising that in 2011, Dangote was listed as the richest man in Africa by Forbes magazine. 45 The entwinement of political patronage and import duty waivers in Nigeria is perhaps best brought out by this case. During the two presidential elections that Obasanjo contested (1999 and 2003), Dangote donated N100 million and N250 million respectively to his campaign. Aside from the above, he also donated N211.6 million towards the construction of Obasanjo’s Presidential Library and cement worth N3 billion towards the construction of the head office of the Obasanjo’s ruling Peoples Democratic Party (PDP) all during Obasanjo’s tenure as President.46 Based on the above, it was therefore not surprising that some of the companies in the Dangote Group . 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 8:57pm On May 26, 2020 |
And here is how Dangote got rich by making Nigerians poorer...and you're very proud of him.One billionaired.140 million poor people with 100M extremely poor 9 A leaked US Embassy cable on Dangote dated March 7, 2007 reported that “Dangote is counted among President Obasanjo’s inner circle of business advisers” and that it “is no coincidence that many products on Nigeria’s import ban list are items in which Dangote has major interests.” The cable further stated that Dangote “has had success blocking trade and investment that might compete with his enterprises.”50 As would be seen in the next section, Obasanjo also aided the Dangote Group by closing down the cement factory of one of his competitors: Ibeto Cement. Another controversial waiver granted by the Obasanjo administration was the $3 billion import duty waiver to Western Metal Products Company Limited (WEMPCO) Nigeria Limited, a Chinese company for the establishment of a $250 million cold rolled steel plant in the country. The Federal Ministry of Finance have tried to address part of the outrage that this transaction caused by clarifying that “the duty concessions and incentives should comprise five percent duty rate across the board on all raw materials for two years, zero percent duty rate and VAT exemptions on all plants and machinery.” Despite this, it remains unclear where the $3 billion dollars came from. This raises questions about possible abuse of such a waiver through the importation of unrelated items under the cover of such waivers.51 It is important to note that this waiver, which has been described as a “non transparent business transaction”, was granted in an industry where Nigerian enterprises are active.5 3 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 9:02pm On May 26, 2020 |
theenchanter:He doesn't know what a litre looks like dont push it 1 Like |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by theenchanter: 9:04pm On May 26, 2020 |
Just30:alright. 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Just30: 9:06pm On May 26, 2020 |
If you want your country to succeed in specific sectors important to your economy, You will be learning how to create monopolies . rvp2018: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 9:06pm On May 26, 2020 |
Even with budget deficit of 50%; you still insist on heckling? Nigeria's corruption is world-class - we are babies. You've stashed how much money in foreign banks? Your political class are not only stealing budget - but also stealing oil revenues. obaaderemi: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx: 9:07pm On May 26, 2020 |
Will Kenya's on this forum shut up their crap? Every thing about your country is dysfunctional even your jubilee house( the ruling party ) seems not to be doing fine at the moment . As at today , your airways industry has join the loss making venture ...why don't you form a confederation with Rwanda since that look like the only progressive country in east Africa. 6 Likes
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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 9:08pm On May 26, 2020 |
rvp2018:So how did you create your Indian lords? |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 9:09pm On May 26, 2020 |
Don't confuse what Asian tigers did to protect infant industries with corrupt-Nigeria closed economy to benefit a few barons. If Nigeria was succeeding - they won't have overtaken India in poverty - at the time they are pumping more oil that ever before. If you look at almost every indicator - Nigeria is sinking deeper into poverty and financial crisis. Dangote can buy the country now. Just30: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 9:09pm On May 26, 2020 |
rvp2018:Is this not better than Kenyans stealing foreign aid and stashing it abroad? 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by BeforeJuly: 9:11pm On May 26, 2020 |
obaaderemi:Bro I'm laughing hard at that man's analysis. Print money in 2020. We see new things on nairaland everyday! 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 9:11pm On May 26, 2020 |
rvp2018:Dangote is Nigerian and doing a lot for the economy. He is not like the Indians ruling Kenya's economy. 4 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 9:12pm On May 26, 2020 |
Where is Ghana Airline? South Africa Airways and Ethiopia Airlines were the only ones who could light a candle to us. Now South Africa is down out. KQ is still flying and we are working on making it stronger by doing what Ethiopians and Arab Airlines are doing - we are going to heavily capitalize the Airline by giving it the Airports and many assets. vaxx: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by BeforeJuly: 9:12pm On May 26, 2020 |
obaaderemi:Foreign aid? Monies meant for starved lots are stashed too? Oh Kenya 4 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 9:13pm On May 26, 2020 |
BeforeJuly: He is a greenhorn in terms of how money works. Even during the days of the gold standard, you don't just print money to settle debts. 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 9:14pm On May 26, 2020 |
And he has basically disabled 200M Nigerians. If you think one person can do what 200m Nigerian could do - then you're a moro.n. Countries that prosper empower their citizens. They don't work to create a monopoly where someone is selling sugar, salt, and cement very expensively. It the reason why Nigeria is poor despite all the oil and the population. obaaderemi: 3 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 9:14pm On May 26, 2020 |
BeforeJuly:Ask rvp. He can't deny it. 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by BeforeJuly: 9:15pm On May 26, 2020 |
vaxx:"Kenyan airways is the next best after Ethiad airways" They'll start screaming that soon. Give them time. 2 Likes 2 Shares |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 9:16pm On May 26, 2020 |
Yet another ignorant Nigeria, Quick Google Search - Just this week New Zeland as we speak is printing money to pay off debt. Countries nationalize their debt if it's domestic. That one way to ensure the economy doesn't sink ANZ expects the Reserve Bank will increase the cap on quantitative easing to $90 billion in August, by earmarking up to another $30b for bond purchases. The Reserve Bank increased the size of its quantitative easing (QE) programme from $33b to $60b last week in an effort to sooth financial markets. https://www.stuff.co.nz/business/121546567/anz-tips-reserve-bank-to-lift-cap-on-quantitative-easing-to-90-billion BeforeJuly: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 9:17pm On May 26, 2020 |
rvp2018:Dangote did not disable anybody. He is a big employer of labour and a big producer of locally made products. Is he a capitalist? Yes. He maximizes profit and this makes him look like the bad guy. But he is far better than your Indians who import all kinds of junks into Kenya and give you trade deficits. 4 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by BeforeJuly: 9:18pm On May 26, 2020 |
rvp2018:Where do you get this monopoly info you've littered the whole thread with? Cement? Sugar? Salt? Do you know how much salt in Nigeria is? 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx: 9:18pm On May 26, 2020 |
rvp2018:Ghana as at today without an airline is doing progressively well, eliminating unemployment, allowing more international airline and local individual airline in her space, building more domestic and international airport to consolidate the existing ones. When Ghana started the airline business, Kenya was still a British stooge . And I am telling you when her airline bounce back, your airline will have been forgotten and flush to the toilet where it belong 2 Likes 2 Shares |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 9:19pm On May 26, 2020 |
Yes, I cannot deny that as much as we have a serious corruption problem in kenya, it's very tame compared to Nigeria -whose corruption is perverse in every meaning of the word. obaaderemi: 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by BeforeJuly: 9:19pm On May 26, 2020 |
obaaderemi:Kenyans haven't seen wealth of that magnitude before. It continues to beat their imagination. You have to understand that. |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 9:20pm On May 26, 2020 |
rvp2018:Inflation rate in new Zealand is 1.2%. South Africa's is 6%. Are you this daft?!!!!!!! New Zealand can afford to do that. It will boost their economy. On the other hand, same medicine would make South Africa sicker. You are so daft. 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 9:21pm On May 26, 2020 |
Until we see Ghana Airways flying - shut up. Every country has an airport and foreign airlines. Few countries can hack what Kenya has done. Our Airline has never gone down...since inception. A rarity in the most brutal of business. We cannot allow it to go down because we have built an industry around it and well - We are THE PRIDE OF AFRICA. vaxx: 3 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 9:22pm On May 26, 2020 |
rvp2018:Yours is not perverse when you steal foreign aid meant for your starving people? 2 Likes |
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by obaaderemi: 9:23pm On May 26, 2020 |
BeforeJuly:I understand. If the richest people in Nigeria are Indians, I would feel the same way. 2 Likes |
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