CaptainEColeJnr:
NIGERIA
Nigeria: bad timing

There’s really nothing we have as a competitive advantage to them right now.”Brexit is already fueling other independence campaigns. Within hours of the vote, leaders in France and Holland, Italy and Denmark called for their own referendums on leaving the EU. This sentiment is shared in southeast Nigeria as well, where government forces have spent much of the past year quelling violent protests by activists advocating for the secession and establishment of an independent country called Biafra. Having already called for a referendum earlier in the year, pro-Biafra activists may now be further emboldened.

CaptainEColeJnr:
KENYA

Kenya’s cut flowers

Kenya faces capital flight as investors seek safe havens like US treasuries, falling exports, and pressure on the Kenyan shilling.


“It’s going to affect all of us and there’s no insurance, no position we can take to maneuver ourselves to be in a better position,” central bank head Patrick Njoroge,said last month of the possibility of the UK leaving the EU.For now, the bank says it is prepared to handle any shocks with foreign reserves of 560 billion Kenyan shillings($5.6billion), enough to cover five months of imports. Still, a weaker Kenyan shilling will make imports more expensive for a country whose import bill has been increasing more than 10% a yearover the last five years.


One of Kenya’s top exports, cut flowers, could suffer, according to the Kenya Flowers Association. Over a third of the EU’s cut flower imports come from the EastAfrican country. And the UK and the Netherlands, another country threatening to leave the EU, are the top destinations for Kenyan exports, mainly flowers. If at rade deal between the East African Community and the EU is stalled because of Brexit, Kenya would be looking at a loss of 4 billion Kenyan shillings a month, according to the association.


Renegotiating trade deals is likely to “create more uncertainty for Kenyan exports,” according to Khan of Standard Chartered.

Falling demand as a result of a slowdown or return to recession in the UK and the EU would also be bad for Kenyan trade.But it’s not all bad news. Kenya’s ties with Britain are deep and longstanding so bilateral trade and investment are likely to continue. In some ways Kenya could even benefit, according to some analysts.

The UK may be eager to establish bilateral ties afterleaving the EU, giving Kenya leverage.

The end of “British Outwardness”



Other countries on the continent are bound to be affected as well. In Egypt, the main stock index fell 1.3%, with investors worrying about a loss of British investment and demand for Egyptian exports.


The central bank of Mauritius issued a statement today (June 24th) that it had raised its reserves of gold and US dollars to reduce exposure to the pound.


“Should the need arise, the bank stands ready to take measures as appropriate to protect the best economic interests of Mauritius in the circumstance,” theregulator said.

Analysts question how Brexit will affect the EU’s support of agricultural subsidies, which critics say have hurt African farmers. The UK has been one of the bloc’s most staunch opponents of these subsidies. African countries may also have less access to international capital markets and big infrastructure projects may have to be put on hold, according to Khan.More broadly, analysts from Brookings Institution worry about how Brexit will affect the UK’s overall engagement with Africa.

As head of the G8 last year, the UK pledged to double aid to Africa. The UK has been the largest funder to IDA17, the World Bank’s concessional borrowing program.The think tank concluded ina blog post, “Perhaps the biggest impact of the Brexiton Africa would be the end of British “outwardness”—the country’s concern with and responsiveness to global development issues.”

myhotbrain:




At the above bold quote from the authors:

It is quite unfortunate and misinformation to equate the so called violent protests or rather agitation for independence in the Niger Delta area to the Brexit--which is an acronym for BRITISH EXIT FROM EUROPIAN UNION.

Britain is already an INDEPENDENT, though, an amalgamation of more than one country existing well before joining the EU. Britain willingly joined EU and NOW WILLINGLY opted out of EU through a referendum.

On then other hand, NIGER DELTA AREA AND THE SO CALLED BIAFRA AGITATORS are part and parcel of an entity called Nigeria since 1914 through an amalgamation by our colonial masters. Together these aforementioned areas including the rest of the southwestern areas and all of the northern areas jointly called Nigeria applied for and got INDEPENDENCE from our colonial masters ENGLAND/BRITAIN in 1960.

Put simply, all am saying is that whilst EU members (free and independent states/nations) freely joined the EU and can exit freely from EU as just being done by Britain.

Same cannot be said for the so called BIAFRA AGITATORS AND THEIR NIGER DELTA WARRIORS because they were part and parcel of Nigeria from the existence of Nigeria in the first place.

The case of the above mentioned will just be like saying, THE CITY OF LIVERPOOL AND MANCHESTER AREAS IN THE UK are causing violent protests and agitations to SECEDE/SEEK INDEPENDENCE from ENGLAND because they have just discovered large deposits of oil and diamond in their areas, and at the same time, the natives of these areas felt like the rest of ENGLAND/BRITAIN/UK are discriminating against them or worse, they are under-developing them, even though, they are being led by people from their immediate tribe and ethnic affiliations.

CONCLUSION:

We must stop fuelling the ember of violence by misinforming the gullible masses of this nation. If Niger Delta and BIAFRA must secede from Nigeria, it cannot be done through force or violent agitations and definitely not through any referendum as "peacefully" as is just been done in the BRITAIN. It would involve a lot more from all the six-geo political zones of Nigeria by ONLY PATRIOTIC AND SELFLESS LEADERS who will be able to manage all the inherent dangers and entanglements involved within the six-zones.

The wanton destruction of oil and gas assets by militants/agitators cannot and will not succeed in the balkanization of Nigeria, if anything, it would ONLY LEAD TO A MUCH WORSER CONFLICT THAN THE FORMER YUGOSLAVIA with all its human sufferings and casualities. MUCH WORSE THAN THE FIRST CIVIL WAR BETWEEN NIGERIA AND THE SO CALLED BIAFRA.

SO BE WARNED, ALL YE MERCHANTS OF VENICE, THE FUTURE OF NIGERIA AND HER TEEMING YOUTHS REST IN ACTIONS AND INACTIONS, AND MOST DEFINITELY IN YOUR MISINFORMATION AND MIS-EDUCATION OF OUR YOUTHS.


Peace.

#ILoveNaija
#EducateNaijaYouths

Stellamariss:
OK thanz

Stellamariss:
OK thanz

publicenemy:
Daivd Cameron is the worst person to hold the position of a Prime Minister in any country.

myhotbrain:




At the above bold quote from the authors:

It is quite unfortunate and misinformation to equate the so called violent protests or rather agitation for independence in the Niger Delta area to the Brexit--which is an acronym for BRITISH EXIT FROM EUROPIAN UNION.

Britain is already an INDEPENDENT, though, an amalgamation of more than one country existing well before joining the EU. Britain willingly joined EU and NOW WILLINGLY opted out of EU through a referendum.

On then other hand, NIGER DELTA AREA AND THE SO CALLED BIAFRA AGITATORS are part and parcel of an entity called Nigeria since 1914 through an amalgamation by our colonial masters. Together these aforementioned areas including the rest of the southwestern areas and all of the northern areas jointly called Nigeria applied for and got INDEPENDENCE from our colonial masters ENGLAND/BRITAIN in 1960.

Put simply, all am saying is that whilst EU members (free and independent states/nations) freely joined the EU and can exit freely from EU as just being done by Britain.

Same cannot be said for the so called BIAFRA AGITATORS AND THEIR NIGER DELTA WARRIORS because they were part and parcel of Nigeria from the existence of Nigeria in the first place.

The case of the above mentioned will just be like saying, THE CITY OF LIVERPOOL AND MANCHESTER AREAS IN THE UK are causing violent protests and agitations to SECEDE/SEEK INDEPENDENCE from ENGLAND because they have just discovered large deposits of oil and diamond in their areas, and at the same time, the natives of these areas felt like the rest of ENGLAND/BRITAIN/UK are discriminating against them or worse, they are under-developing them, even though, they are being led by people from their immediate tribe and ethnic affiliations.

CONCLUSION:

We must stop fuelling the ember of violence by misinforming the gullible masses of this nation. If Niger Delta and BIAFRA must secede from Nigeria, it cannot be done through force or violent agitations and definitely not through any referendum as "peacefully" as is just been done in the BRITAIN. It would involve a lot more from all the six-geo political zones of Nigeria by ONLY PATRIOTIC AND SELFLESS LEADERS who will be able to manage all the inherent dangers and entanglements involved within the six-zones.

The wanton destruction of oil and gas assets by militants/agitators cannot and will not succeed in the balkanization of Nigeria, if anything, it would ONLY LEAD TO A MUCH WORSER CONFLICT THAN THE FORMER YUGOSLAVIA with all its human sufferings and casualities. MUCH WORSE THAN THE FIRST CIVIL WAR BETWEEN NIGERIA AND THE SO CALLED BIAFRA.

SO BE WARNED, ALL YE MERCHANTS OF VENICE, THE FUTURE OF NIGERIA AND HER TEEMING YOUTHS REST IN ACTIONS AND INACTIONS, AND MOST DEFINITELY IN YOUR MISINFORMATION AND MIS-EDUCATION OF OUR YOUTHS.


Peace.

#ILoveNaija
#EducateNaijaYouths

Alki:
Hehe make I call my Bros for UK

CaptainEColeJnr:
I disagree with some part of your analysis.

BrExit is supposed to bring more trade with Africa.. but a nation like the UK where 50% of it's export and 70% of it's import are to and from the EU.


It will definitely be a huge task in breaking away their ties with the EU. Now they have decided to leave,the next step will be to re-strenghten their already falling currency.. this will only be achieved by diplomatic talks with big economies like the US,Germany, China who wanted the UK to remain in the EU..

I predict a decline in trade volume between the UK and Africa—this can only be prevented by achieving close international ties with the UK if Nigeria do not wanna be affected.

lastpage:


You are right on the ball!

First, let me state it clearly that this Brexit VOTE was a PROTEST VOTE.

The protest was against IMMIGRATION, nothing more.

Frankly speaking, "White People" all over the World are getting intolerant and border-line racist when it comes to Africans and Muslims.
They will do ANYTHING, including cutting-off their own nose, just to ensure "Africans" or anything that looked like Africans are kept away.

So, all you need to do is to say: I want to take our country back (from the immigrants, mostly Africans).... and you would win any vote in white man's land.

Having said that, we must remember that it was David Cameron, who for selfish reasons, RAISE, STOKED and PROMISED the people a Referendum on their E.U membership. Cameron made them believe that being a member of the E.U was bad.
He did it to curry Votes.... and he got re-elected.

Now, when it was time to "fulfil his Vote Promise", the same David Cameron was campaigning for U.K to STAY in the E.U!.... because He knew it was a bad thing to leave.

Every time l listen to Cameron, l always shake my head... the guy is a "Snake Oil" salesman.
Now, Scotland says, "we did not vote "remain", so as to be outside the E.U"........ We need another Referendum!

The E.U is even poised to make it worse for the U.K, so as not to encourage such reckless decision in the future. They just said "there would be NO NEGOTIATION and want U.K to get-out IMMEDIATELY!

Even the U.K is NOT INVITED to their next meeting on Tuesday!

Lesson: Be careful about leaders who offer you "All or Nothing"..... they are dangerous, untrustworthy people.

The rate at which the GBP Pounds is falling, e be like say Naira go strong pass am within a few days o!

***make l quickly go change all my Pounds to Naira"****




Lastpage!

MadCow1:
So no more Shengen Visa for Boys?

fingard02k:
will it affect the price of garri too?

MadCow1:



I really and truely hope that England thought this through properly..

From reports, it seems that Ireland and Scotland voted to remain in the EU. This may mean that the UK may need to have another referendum for Scotland and Ireland (and probably Wales) and this may lead to the collapse of the British Empire.

mccoy47:
Wetin concern Britain with us?

guiddoti:
I disagree with your opinion. Moreso Labour cannot take a seat on Scottish soil.

AreaFada2:


Lol. Scotland is labour land. SNP is very recent. After some time out of office, every party eventually regain some of its core supporter, when fatigue with current govt sets in. Check 1997 election and the one after it.
That is the way European electorate behave right from time. They oscillate.

guiddoti:
That was 1997. presently Scotland is govern by Scottish national party.

nijanigga:
So Nigerians in diaspora sent $21 billion in 2015 that's more than half what Nigeria's govt will spend in 2016,if they stop sending money back home, the people will have no choice than to revolt and stand up against any form of corruption, most of them are spoiled with free hard currencies.

AreaFada2:
The only thing that is permanent is change. Even it's Buhari type.

room089:
Mbok, wetin be brexit result?

fingard02k:
will it affect the price of garri too?