Just30:
AfDB Top 15 Shareholders

Nigeria: 9.12%
USA: 6.47%
Egypt: 5.50%
Japan: 5.36%
South Africa: 4.94%
Algeria: 4.15%
Germany: 4.06%
Canada: 3.75%
Cote d'Ivoire: 3.69%
France: 3.67%
Morocco: 3.51%
Italy: 2.37%
Libya: 2.27%
Ghana: 2.12%
UK: 1.75%


all the politically and economically important nations are listed

What the big deal about owning shares in Afrit Development bank..Kenya is among the top 20 but it's hardly big deal

theenchanter:
lol.... U're now replying with one sentence. Bruised ego.

But why did Shangri-la (Kenya) has a bigger budget deficit than naija?

Let talk about your 50% budget deficit after your finance ministry new oil figures..and OPEC agreed production cuts

Austine1213:


There's a difference in SA

shut up you ignorant. University college and university are almost identical. One is just a yet to be a full fledge uni( still under mentorship or affiated of university) unless you are talking about mono institution like diploma awarding qualification.

you are the one making it a contest now




AfDB is the largest of it kind from Africa and it is a big deal to have a say.

rvp20182:
What the big deal about owning shares in Afrit Development bank..Kenya is among the top 20 but it's hardly big deal

Just30:
AfDB Top 15 Shareholders

Nigeria: 9.12%
USA: 6.47%
Egypt: 5.50%
Japan: 5.36%
South Africa: 4.94%
Algeria: 4.15%
Germany: 4.06%
Canada: 3.75%
Cote d'Ivoire: 3.69%
France: 3.67%
Morocco: 3.51%
Italy: 2.37%
Libya: 2.27%
Ghana: 2.12%
UK: 1.75%


all the politically and economically important nations are listed

Lol Kenya is insignificant and useless..This goes to show rvp how powerful our countries and GDP is on the continent...

theenchanter:
Nigeria's 2020 fed budget = 10.33t naira, Our deficit is 2.1t naira..... Thats roughly 21% deficit.

Kenya's budget 2019/2020 = 2.3t shillings, their deficit is 567b shillings.... Thats roughly 24% deficit.

Nigeria 21% budget deficit..... Kenya 24% budget deficit. But rvp2018 won't tell u that. He's a dumbo.

Lol he's been Astro projecting since page one..He knows deep down that Kenya is useless and insignificant..it can't be compared to Nigeria..

theenchanter:
pls, this is not "world class" but its a good thing we aren't like Kenya that builds around one city.

Imagine JKIA hosting over 95% of international air travels in Kenya.

Very sad...I want kenyans to show me Mombasa airport or even Kisumu...

rvp20182:
it's quantity * prices of economic activities and is calculated by statisticians.The KNBS in Kenya and Nigeria Stats bodies..all they do is gather or estimate quantities of products and their prices

I know. It has nothing to do with economics per se.

theenchanter:
and give me one reason why I shouldn't label u a madman?

I have already given you two. GDP is just statistics.

theenchanter:
ostia island and King's city island.... Together with over 10 artificial island currently going on in Lagos, it is finished.

And that makoko axis, I'm glad they've moved the sawmill over there to timberville, reclamation ought to start last month but coro no gree.... Anybody plying 3MB route will see the changes there.

I am just hearing of Ostia island and king city island..I will go research on it..

rvp20182:
it's quantity * prices of economic activities and is calculated by statisticians.The KNBS in Kenya and Nigeria Stats bodies..all they do is gather or estimate quantities of products and their prices

Rvp what do you have to say about this?...even if it is hate just spill it

You so desperately want to compete with Nigeria

rvp20182:
What the big deal about owning shares in Afrit Development bank..Kenya is among the top 20 but it's hardly big deal

Your economy is too miniscule.thats why...
Our giant economy speaks for us

rvp20182:
What the big deal about owning shares in Afrit Development bank..Kenya is among the top 20 but it's hardly big deal

Build something like this in Mombasa..

rvp20182:
Let talk about your 50% budget deficit after your finance ministry new oil figures..and OPEC agreed production cuts

Uyo international airport under serious construction.. screenshot from the Turkish firm website below...


https://www.youtube.com/watch?v=TU9zcLbuSCc



Competing with Nigeria in infastructure is like you running mad after inhaling early morning urine...

gallivant:


I have already given you two. GDP is just statistics.

I asked for one reason why I shouldn't label u a madman and u gave me two reasons why I should.

U're a madman^2

rvp20182:
Let talk about your 50% budget deficit after your finance ministry new oil figures..and OPEC agreed production cuts

50% budget deficit? Prove it.

Ostia Island scheme broaches new city development frontiers
By Chinedum Uwaegbulam
29 April 2019 | 3:29 am

An illustration of the proposed Ostia Island Estate in Lagos

Quietly but steadily, the whitish sand-water mix is churned out of giant underwater pipes as the roaring waves of the Lagoon give way to advancing machines, and the foundations of a new city literally emerge off the shores of Lagos waters.
The general outlines of what is apparently one of the most ambitious and comprehensive mixed use development plan to come on stream in the nation’s commercial capital in recent times, will soon be formally unveiled as a man-made island.

The new project, driven by Ostia Homes and Properties Limited in partnership with Lagos State Government, has been named Ostia Island Estate. The proposed live, work and play community shares close proximity with Orange Island. The large parcel of land measuring approximately 100 hectares offers a generous lagoon view, whistling wind, range of visiting birds and natural surroundings.

The scheme is being created through dredging and reclamation of the Ostia Island, which has already commenced while the master plan is at an advanced stage. When completed, the Island is expected to become a super modern residential, mixed-use and commercial land use estate tailored in the same standing with Eko Atlantic City and Orange Island, it is expected that the new city will be home to no fewer than 30,000 families

Dredging and sand filling are undertaken by seasoned dredging company, Van Oord Nigeria Limited. Other Partners in the project are Mepas and Prodel Nigeria Limited, town planning, engineering and architectural services consultants; Great Scale Planners and Play Architects, amongst others.

“Ostia Island will leverage on modern engineering and technology because of competence and capacity of various consultants involved in the project,” according to the Samson Agbato, Senior Partner, Samson Agbato Consulting, the lead marketing and sales agent.

Agbato explained, “With an increasing population of over 21 million and aspiration for greater economic development, there is a strong need to provide additional but strategically planned urban areas within Lagos State. However, space for this within the central areas of Lagos is heavily restricted.

“In response to the need for land, for immediate and future development, the sponsor envisions Ostia Island to complement the efforts of government in land delivery and towards achieving the mega city status of the state.”

The Guardian learnt that the Environmental Impact Assessment (EIA) of the project has been conducted while on-going reclamation works will end by February 2021 while in 2022, the site will be ready for actual development. Other estate firms involved in the attracting investors and prospective homeowners to the upscale estate are White Rose and Heygate Associates.

“We have commercial, residential area and recreational area, so there is a lot investors can do with the land they buy. An investor can build anything they want as long it complies with the planning and building code; every investor must also conform to the plan of the island, especially the renewable energy aspect,” he said.

“We want to create an atmosphere that is eco-friendly and sustainable. So, Ostia Island is going to be designed to be conscious about these things; the water people drink and air they breathe in. We are channeling these into real estate development to ensure that people who live there remain healthy.”

Agbato told The Guardian that Play Architects is bringing innovation to the scheme through an application that allows prospective investors to pick their designs, based on various options. “We don’t want to have replication of designs within the estate,” he said.

In fact, the masterplan comprises, low and medium density residential areas, plots for business and commercial, educational, health care and public facilities. There are also space carved out for utilities, green and public open space and roads.

Features of the proposed island include, modern and efficient infrastructural facilities, independent 24/7 power supply, water and wastewater treatment, and fiber optic communication connections to every plot. “Plots of land are delivered with connection to utility services, each subscriber will enjoy seamless Deed of Assignment/ perfection of title (Governor’s Consent) as well as planning approval process,” Agbato said.

Already, the marketing agents have kick-started an off plan sales, which allows installment payment over 12 months. The plots varies from 600 to 1000 square metres. A square meter goes for N100,000. The least plot is pegged at N60 million. (it's quite cheap if you ask me cos you will get land at that price in shiity environment on Lagos mainland)

The project when completed is expected to bring significant economic benefits to Lekki corridor through direct investment in local economy, knowledge sharing and publicity of the State as a modern Mega City. The Island will also unlock the growth potential for property development and future investment.

From the forgoing and in order to achieve seamless marketing and sales therefore, it is very important that due diligence is exhibited at the point of project concepts, designs, execution/implementation.

gallivant:


I have already given you two. GDP is just statistics.

Shut up olodo..you disgraced yourself...

Now your are back to saving face by regurgitating people's word..some many shma-like people are around this days..

vaxx:
shut up you ignorant. University college and university are almost identical. One is just a yet to be a full fledge uni( still under mentorship or affiated of university) unless you are talking about mono institution like diploma awarding qualification.

Ill let you be

samorobo:


This pics are even tool old..from 2013 .that's like 7 years ago..

Yea I know.

Too bad I brought Abuja down to compare with those big towns

rvp2018:
So basically all the market liberalized economy is nonsense and we should go for monopolies - and create mini-Nigeria of 1 billionaire selling salt and 150m poor people. You still have communist hangovers.

Countries protect infant industries - but for a short period of time - and with serious targets - and without corruption. The idea is once they mature - you OPEN the market for international competition.

Nigeria is the opposite - you start with a monopoly and forever keep the monopoly by banning imports.

For every monopoly - the biggest sufferer is the CONSUMER - which is why the market economy always wins - because the customer wins with competition - price, quality, name it.

Hey for your info, Dangote is not the only billionaire from Nigeria. Out of top ten billionaire's in Africa Nigeria has about 3 in that tank. And if you want to talk about top 20 then naija has about 7 to 10 in that rank.

Austine1213:


Ill let you be

no don't let me be ?

Jamestown123:
Hey for your info, Dangote is not the only billionaire from Nigeria. Out of top ten billionaire's in Africa Nigeria has about 3 in that tank. And if you want to talk about top 20 then naija has about 7 to 10 in that rank.

Get us the number of poor Nigerians..they are in 100m.

rvp20182:
Get us the number of poor Nigerians..they are in 100m.

They are not...

Don't you think Kenya should produce individuals like this? That way you can have multiple profitable KQ's and equally soar in other sectors privately..

Kilimani district, Nairobi.


https://www.youtube.com/watch?v=s_sRODhFsK0

theenchanter:
50% budget deficit? Prove it.

Do you even know what budget deficit is..your revised budget is about 10 trillion naira with deficit of 5.3 trillion and that still optimistic because the federal finance didn't use the OPEC agreed production figures..1.4m barrels per day.So in reality your budget deficit if oil doesn't recover could go as high as as 60%.You are hoping to borrow nearly 15 billion dollars lol

samorobo:


They are not...

Don't you think Kenya should produce individuals like this? That way you can have multiple profitable KQ's and equally soar in other sectors privately..

You can buy flying coffins cheaply in the US or Europe.Some go for less than 100k dollars.Some you can be given free of charge. Running a modern airline is something else.KQ revenues despite it turbulence is 1.3B dollars

rvp20182:
You can buy flying coffins cheaply in the US or Europe.Some go for less than 100k dollars.Running a modern airline is something else.KQ revenues despite it turbulence is 1.3B dollars

Finally we've received your Input even though it is hateful but it is still fully accepted...

Now tell me wouldn't you love something like this in kenya?

gallivant:


I know. It has nothing to do with economics per se.

GDP has nothing to do with economics??

rvp20182:
Do you even know what budget deficit is..your revised budget is about 10 trillion naira with deficit of 5.3 trillion and that still optimistic because the federal finance didn't use the OPEC agreed production figures..1.4m barrels per day.So in reality your budget deficit if oil doesn't recover could go as high as as 60%.You are hoping to borrow nearly 15 billion dollars lol

.
.
You incorrigible bastard...our deficit is 2.1 trillion idiot...
.oh I forgot,its all about the weight of the argument..

Danielnino00:


GDP has nothing to do with economics??

Measuring GDP is done by statistician.It simple counting of beans,

vaxx:
no don't let me be ?

Im not in the mood for that