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Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) - Foreign Affairs (5027) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) (6288567 Views)

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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 4:54pm On Aug 01, 2019
edon21:

if I may ask. since you don't use asaphalt or tar. then what do you use

We use tar.

1st pic

While the Nigerian road posted by the guy is asphalt

2nd pic

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 5:15pm On Aug 01, 2019
Justnotyou:


With our already impressive revenue collection & use despite corruption, I'd like to see what becomes of us with this new revenue source. Hopefully nothing short of the miracles of some of the middle eastern countries?
Well our first business would be to develop the industry...like Ghana has done...not become greedy like Uganda..who nearly 15yrs after oil discovery far from selling their oil.Uganda has merged with laggards Tanzania and everything slowed down.Oil companies will need to put lots of investment in pipeline and terminals..so hopefully Turkana can be a little patient and not sabotage this.

2 Likes

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 5:18pm On Aug 01, 2019
TayserMahri:


We use tar.

1st pic

While the Nigerian road posted by the guy is asphalt

2nd pic
Do you know Nigerian has so much bitumen they just need to mine...but like Congo..long on promises..short on delivery

2 Likes

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 5:32pm On Aug 01, 2019
Safaricom pumps Sh601bn into economy in one year

Safaricom injected Sh601 billion into the Kenyan economy in the year ended March 2019, making the telecommunications giant one of the single-biggest contributors to the country’s GDP.

The economic contribution came in the form of jobs, value chain opportunities for other businesses, taxes and dividends to shareholders.

The telco’s capital expenditure, which stood at Sh37.2 billion in the period, also contributed to the economy through payments to suppliers and contractors.

Safaricom says in the self-appraisal that it supported an estimated 979,000 direct and indirect jobs, up from 897,372 in 2017.
The Nairobi Securities Exchange (NSE)-listed company disclosed in its 2019 annual report released Wednesday that its value to the Kenyan economy rose by 11 percent or Sh58 billion in the year from Sh543 billion the previous year.

“Our latest True Value Report indicates that the value to the Kenyan society created by Safaricom increased by 11 percent to Sh601 billion, 9.6 times the financial profit the company earned during the same period,” says Safaricom in the annual report.

The firm’s operations contributed an equivalent of 6.3 percent of GDP in the period.

The growth in the job count came even as other sectors of the economy continued to shed workers, citing a tough economic climate.

Shed workers

Safaricom’s rival Telkom Kenya Wednesday announced it would lay off 575 staff while beer maker EABL also notified its staff of a redundancy plan that sources indicated would target more than 100 employees.

Stanbic Bank is also in the process of exiting an estimated 200 workers.

The telco is the largest listed firm on the NSE, with a current market capitalisation of Sh1.099 trillion.

The company paid Sh98.13 billion to the government in duties, taxes and licence fees last year, having made gross revenue of Sh250.96 billion and net profit of Sh63.4 billion.

“This increased the total duties, taxes and fees paid since inception to Sh698.52 billion,” said Safaricom in the report.

The telco’s payout to shareholders for the 2018/19 financial year included a special dividend of Sh0.62 per share, amounting to Sh24.84 billion, which was in addition to the first and final dividend of Sh1.25 per share totalling Sh50.08 billion.

The cash will be remitted to the company’s 560,018 shareholders on November 30.

Safaricom was founded in 1997 as a wholly-owned subsidiary of Telkom Kenya, and in June 2008 listed on the NSE where the government offloaded a 25 percent stake to the public.

The company had an employee headcount of 6,323 (permanent staff and contract) by the end of March, which was an increase from 6,130 the previous year.

They were paid a total of Sh16.93 billion, which included salaries, pension contributions, medical cover, employee performance share awards and other benefits.

Thousands of jobs

Its mobile money platform M-Pesa also supports thousands of jobs, both directly and indirectly.

By the end of March, Safaricom had on its books 167,000 M-Pesa agents, up from 156,000 a year earlier, while the Lipa na M-Pesa merchant count stood at 123,000.

The company had 31.8 million customers at the end of March, with 71 percent or 22.6 million of them being active users of the M-Pesa service.

Other jobs are derived from indirect activities such as suppliers, airtime dealers, distributors and users of the company’s various products.

By easing payments, the mobile money platform has opened up new business avenues in the country, and has also helped increase trade volumes.

In the one year to March 2019, Kenyans transacted a total of Sh4.09 trillion through their mobile phones, equivalent to Sh11.19 billion a day.

This has contributed significantly to the rapid rise in the number of Kenyans who are accessing formal financial services.

According to the 2019 Financial Access (FinAcess) Household Survey done by Financial Sector Deepening (FSD) Kenya, Central Bank of Kenya and the Kenya National Bureau of Statistics (KNBS), the proportion of Kenyans accessing financial services has risen to 82.9 percent from 75 percent in 2016 and 27 percent in 2006.

Safaricom also banks on its digital platforms for farming (DigiFarm) and healthcare (M-Tiba) to support indirect jobs.

The annual report shows that Safaricom had registered one million farmers on the DigiFarm platform by the end of March, with over 300,000 using the service daily and 52,000 having their loans approved for purchase of seeds, fertilisers and pesticides.

https://www.businessdailyafrica.com/corporate/companies/Safaricom-pumps-Sh601bn-into-economy-in-one-year/4003102-5218860-yd494nz/index.html

5 Likes

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by edon21: 5:35pm On Aug 01, 2019
TayserMahri:


We use tar.

1st pic

While the Nigerian road posted by the guy is asphalt

2nd pic
more than 70 per of Nigerian roads are done with tar. remember that tar is gotten from crude oil and Nigeria has plenty

2 Likes

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kuruptnigga: 5:47pm On Aug 01, 2019
tylann:
.
You mean google
You know we can reverse search the images
Lol please do. I beg you cheesy if you see something like that, come back here and call me Useless grin
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx: 6:25pm On Aug 01, 2019
rvp2018:
Well our first business would be to develop the industry...like Ghana has done...not become greedy like Uganda..who nearly 15yrs after oil discovery far from selling their oil.Uganda has merged with laggards Tanzania and everything slowed down.Oil companies will need to put lots of investment in pipeline and terminals..so hopefully Turkana can be a little patient and not sabotage this.
Kenya should be proactive about it. To me Norway model is the most attractive style any oil producing country can borrow.

however, in this regard , Ghana case is also excellent. since oil depit in quantity . Ghana has set up an heritage fund from the sales of oil cash for future generations.

""Ghana’s oil revenue inflow into the Heritage Fund has reached US$585,172,436.04 as at 2018, seven years after the country commenced commercial production of crude oil.

The nation’s Petroleum Revenue Management Act (PRMA) 2011, set the Ghana Heritage Fund to save oil revenues for future generations of Ghanaians""

2 Likes

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:26pm On Aug 01, 2019
samorobo:


Hey I have never disputed the facts that nigeria has bad roads (since when did we become america) but my point here is that they are some locations that are worth spending your last card on in terms of maintaining and building of new and existing infastructure and a CBD happens to be one of those prime locations.You can't tell me housing bad broken roads with no sidewalks and high prone to flooding is good.
You may house bad roads in kibera or whatever but not in Westland and upperhill which are your main cbd's..you are making africa look like a joke(the are places tourist tour's)..beside @your pictures I guess that's the roads to kibera or mathare grin grin

Don't dare guess grin it's Ikorodu road in Lagos leading to Apapa.
But you like lying, I've been to some of the Nairobi CBD's on several occasions but I have never seen any broken road within precisely upper hill region, what I have seen is just some old roads have been upgraded while new ones being put in place.
Meanwhile, a pic section of a road in upper hill that I took with my phone, it even has sidewalks. grin
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Nobody: 8:29pm On Aug 01, 2019
Road in upper hill

1 Like 1 Share

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 8:34pm On Aug 01, 2019
samorobo:


Hey I have never disputed the facts that nigeria has bad roads (since when did we become america) but my point here is that they are some locations that are worth spending your last card on in terms of maintaining and building of new and existing infastructure and a CBD happens to be one of those prime locations.You can't tell me housing bad broken roads with no sidewalks and high prone to flooding is good.
You may house bad roads in kibera or whatever but not in Westland and upperhill which are your main cbd's..you are making africa look like a joke(the are places tourist tour's)..beside @your pictures I guess that's the roads to kibera or mathare grin grin


Hypocrite
What about apapa tin can road leading to your busiest port which looks like a dumpsite
What about lagos ibadan expressway
What about badgary expressway

This are main roads in nigeria

I will tell you again

Uhuru kenyatta will never allow roads to degrade to such levels smiley
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Acadavah: 8:42pm On Aug 01, 2019
TayserMahri:
Safaricom pumps Sh601bn into economy in one year

Safaricom injected Sh601 billion into the Kenyan economy in the year ended March 2019, making the telecommunications giant one of the single-biggest contributors to the country’s GDP.

The economic contribution came in the form of jobs, value chain opportunities for other businesses, taxes and dividends to shareholders.

The telco’s capital expenditure, which stood at Sh37.2 billion in the period, also contributed to the economy through payments to suppliers and contractors.

Safaricom says in the self-appraisal that it supported an estimated 979,000 direct and indirect jobs, up from 897,372 in 2017.
The Nairobi Securities Exchange (NSE)-listed company disclosed in its 2019 annual report released Wednesday that its value to the Kenyan economy rose by 11 percent or Sh58 billion in the year from Sh543 billion the previous year.

“Our latest True Value Report indicates that the value to the Kenyan society created by Safaricom increased by 11 percent to Sh601 billion, 9.6 times the financial profit the company earned during the same period,” says Safaricom in the annual report.

The firm’s operations contributed an equivalent of 6.3 percent of GDP in the period.

The growth in the job count came even as other sectors of the economy continued to shed workers, citing a tough economic climate.

Shed workers

Safaricom’s rival Telkom Kenya Wednesday announced it would lay off 575 staff while beer maker EABL also notified its staff of a redundancy plan that sources indicated would target more than 100 employees.

Stanbic Bank is also in the process of exiting an estimated 200 workers.

The telco is the largest listed firm on the NSE, with a current market capitalisation of Sh1.099 trillion.

The company paid Sh98.13 billion to the government in duties, taxes and licence fees last year, having made gross revenue of Sh250.96 billion and net profit of Sh63.4 billion.

“This increased the total duties, taxes and fees paid since inception to Sh698.52 billion,” said Safaricom in the report.

The telco’s payout to shareholders for the 2018/19 financial year included a special dividend of Sh0.62 per share, amounting to Sh24.84 billion, which was in addition to the first and final dividend of Sh1.25 per share totalling Sh50.08 billion.

The cash will be remitted to the company’s 560,018 shareholders on November 30.

Safaricom was founded in 1997 as a wholly-owned subsidiary of Telkom Kenya, and in June 2008 listed on the NSE where the government offloaded a 25 percent stake to the public.

The company had an employee headcount of 6,323 (permanent staff and contract) by the end of March, which was an increase from 6,130 the previous year.

They were paid a total of Sh16.93 billion, which included salaries, pension contributions, medical cover, employee performance share awards and other benefits.

Thousands of jobs

Its mobile money platform M-Pesa also supports thousands of jobs, both directly and indirectly.

By the end of March, Safaricom had on its books 167,000 M-Pesa agents, up from 156,000 a year earlier, while the Lipa na M-Pesa merchant count stood at 123,000.

The company had 31.8 million customers at the end of March, with 71 percent or 22.6 million of them being active users of the M-Pesa service.

Other jobs are derived from indirect activities such as suppliers, airtime dealers, distributors and users of the company’s various products.

By easing payments, the mobile money platform has opened up new business avenues in the country, and has also helped increase trade volumes.

In the one year to March 2019, Kenyans transacted a total of Sh4.09 trillion through their mobile phones, equivalent to Sh11.19 billion a day.

This has contributed significantly to the rapid rise in the number of Kenyans who are accessing formal financial services.

According to the 2019 Financial Access (FinAcess) Household Survey done by Financial Sector Deepening (FSD) Kenya, Central Bank of Kenya and the Kenya National Bureau of Statistics (KNBS), the proportion of Kenyans accessing financial services has risen to 82.9 percent from 75 percent in 2016 and 27 percent in 2006.

Safaricom also banks on its digital platforms for farming (DigiFarm) and healthcare (M-Tiba) to support indirect jobs.

The annual report shows that Safaricom had registered one million farmers on the DigiFarm platform by the end of March, with over 300,000 using the service daily and 52,000 having their loans approved for purchase of seeds, fertilisers and pesticides.

https://www.businessdailyafrica.com/corporate/companies/Safaricom-pumps-Sh601bn-into-economy-in-one-year/4003102-5218860-yd494nz/index.html

So now there is economic hardship in Kenya

1 Like

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by rvp2018: 8:44pm On Aug 01, 2019
vaxx:
Kenya should be proactive about it. To me Norway model is the most attractive style any oil producing country can borrow.

however, in this regard , Ghana case is also excellent. since oil depit in quantity . Ghana has set up an heritage fund from the sales of oil cash for future generations.

""Ghana’s oil revenue inflow into the Heritage Fund has reached US$585,172,436.04 as at 2018, seven years after the country commenced commercial production of crude oil.

The nation’s Petroleum Revenue Management Act (PRMA) 2011, set the Ghana Heritage Fund to save oil revenues for future generations of Ghanaians""

Ghana doing very well.Dont understand why Nigeria is so dysfunctional.I mean Ghana,Ivory coast and Senegal always out there trying
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by tylann: 8:49pm On Aug 01, 2019
Acadavah:


So now there is economic hardship in Kenya


Layoffs occur everywhere

It is part of the corporate world

It is capitalism
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by uzzyke: 8:51pm On Aug 01, 2019
jigawa state

Creation: Jigawa State was created on Tuesday, August 27, 1991.

Capital: Dutse

Major Cities: Auyo, Babura, Biriniwa, Birnin Kudu, Buji, Dutse, Gagarawa, Garki

Geographic Profile: Jigawa State called "The New World", was excised from Kano State and covers a total land area of about 22,410 square kilometres. It is situated precisely in the north-western part of Nigeria, between latitudes 11.00°N to 13.00°N and longitudes 8.00°E to 10.15°E, Jigawa State is bordered on the west by Kano and Katsina States, on the east by Bauchi and Yobe States and on the north by Katsina State and an international border with Zinder Region in the Republic of Niger.

Economic Profile: Jigawa State is largely characterized by informal sector activities with agriculture as the major economic activity. Over eighty percent (80%) of the people from this State engage in subsistence farming and animal husbandry. Food crops produced in the State include maize, millet and guinea corn. While cash crops like cotton and groundnut are also produced. There are so many industrial enterprises in the State and these industries operate mostly with raw materials produced locally. These are in form of agriculture and livestock, and so trade and commerce in the State is hinged on small and medium scale, especially in agricultural goods, livestock and other consumer goods.

Ethnic Profile: The rich cultural heritage of the people is reflected in their mode of dressing, music, dance, craftsmanship, hospitality, food processing and pattern of settlement. Hausa culture and tradition have overshadowed others but the Fulani, Mangawa, Ngizimawa and Badawa still maintain their culture and tradition in their areas of concentration.

Occupation: Arts,crafts and livestock production play a dominant role in the socio-economic well being of the people, as it provides gainful employment, and compliment the economic life of farming families.

Local Government Area(LGAs): (27) Local Government Areas (LGAs) namely: Auyo, Babura, Biriniwa, Birnin Kudu, Buji, Dutse, Gagarawa, Garki, Gumel, Guri, Gwaram, Gwiwa, Hadejia, Jahun, Kafin Hausa, Kaugama, Kazaure, Kiri Kasama, Kiyawa, Maigatari, Malam Madori, Miga, Ringim, Roni, Sule Tankarkar, Taura and Yankwashi.

1 Like 1 Share

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by uzzyke: 8:55pm On Aug 01, 2019
the government of jigawa
Born 53 years ago in Babura town, Muhammadu Badaru went to the Babura Central Primary School, in 1970 and proceeded to the famous Rumfa College, Kano from where he went for his A levels at the School of Basic Studies at the Ahmadu Bello University, Zaria in 1981 and got admitted into the University to graduate with a Bachelor Of Science Degree, Accountancy in 1985, in 2006, Alhaji Muhammadu Badaru Abubakar also went to the prestigious National Institute for Policy & Strategic Studies, (NIPSS), Kuru Jos. .

From the year 2000 to date, the Businessman turned politician was variously the President, Jigawa state Chamber Of Commerce Industries Mines And Agriculture, President Nigeria Association Of Chambers Of Commerce, Industries, Mines And Agriculture (NACCIMA), president Nigeria – Niger chambers of commerce, President Northern States Chamber of Commerce, Chairman Board Of Trustees Northern States Chamber Of Commerce, and Chairman National Association of Road Transport Owners Jigawa State.

Alhaji Badaru Abubakar had equally being a member in various organizations and institutions that are mostly industrial which include Presidential Advisory Committee on Industrial Revolution Plan, Nigeria/America Chambers Of Commerce, Nigeria Institute Of Industrialist & Corporate Administration, Board Member Nigeria – Belgium Chambers Of Commerce, National Privatization Council, National Council on NSME and served as Member National Conference of 2014.

He once served as a Director with the Africa Merchant Bank Limited and Bank of the North Limited, now Unity Bank Plc, and the patron of the Rice Farmers association, Kano and the Nigeria union of journalist, Jigawa state.

1 Like 1 Share

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kazikazi: 9:17pm On Aug 01, 2019
rvp20182:
After attaining universal primary education, 100% primary-to-secondary transition, kenya shift focus to post-secondary education - with plan to enrol 1M students in Vocation and Technical schools - following German Model.

Already enrollment has doubled...in just 1yr to nearly 200,000.

The plan is 110,000 enrollment in 11 national polytechnics, 1.4 million enrollment in 280 technical and vocational colleges and 1.6 million enrollment technical vocational centers.

Universities already enroll more than 0.5M students.

Kenya has build or is building 290 TIVET colleges in every constituency. TIVET students are also getting higher education loans like universities.

TIVET Nyandarua.
@ acavadah

Hawa wakujisifsif kwann hawapig lipu.umeiona hik chuo ka hizo veta za kibongo,ila lipu cjui kwann hawana taim nayo

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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by vaxx: 9:57pm On Aug 01, 2019
rvp2018:
Ghana doing very well.Dont understand why Nigeria is so dysfunctional.I mean Ghana,Ivory coast and Senegal always out there trying
It will interest you that Nigerian governments have dedicated oil revenues into consumption while funds for infrastructure have had to be borrowed at an extra cost . In Nigeria, oil price boom is treated as a permanent shock and every downturn as temporary.

All the revenue is for Nigeria to consume; nobody cares about tomorrow, let tomorrow care for itself… kenya can understudy Ghana pattern for this.
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by theenchanter: 10:25pm On Aug 01, 2019
vaxx:
It will interest you that Nigerian governments have dedicated oil evenues into consumption while funds for infrastructure have had to be borrowed at an extra cost . In Nigeria, oil price boom is treated as a permanent shock and every downturn as temporary.

All the revenue is for Nigeria to consume; nobody cares about tomorrow, let tomorrow care for itself… kenya can understudy Ghana pattern for this.
sharrap there.... Stop peddling falsehood.

There's excess crude account (ECA), that's where we deposit excess oil profit, it was our saviour during d recession, we depleted it from around $15b to less than $5b during recession period, reason we were d first country to exit recession in d world at that time and grow at over 2%, no other country that went into recession is growing over 1% right now! It's meant for complimenting economic affair.

We also have sovereign wealth fund which comprises of (i) stabilization fund: for supporting budget (ii) future generation fund and (iii) infrastructure fund.

Just sharrap if u know nothing about a particular subject on Nigeria.

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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 10:42pm On Aug 01, 2019
Kazikazi:
@ acavadah

Hawa wakujisifsif kwann hawapig lipu.umeiona hik chuo ka hizo veta za kibongo,ila lipu cjui kwann hawana taim nayo

Pilipili usioyila yakuwashiani?
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kazikazi: 11:05pm On Aug 01, 2019
gallivant:


Pilipili usioyila yakuwashiani?
pilipili usiyoila..
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by edon21: 11:09pm On Aug 01, 2019
https://www.nairaland.com/1386870/african-militaries-security-services-strictly/1904#80846986
every Ghanaian.or Kenyan should open this link. what do you have to offer?

1 Like

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by gallivant: 11:14pm On Aug 01, 2019
Kazikazi:
pilipili usiyoila..

Yakuwashiani? You forget, Kenyans are the traditional guardians of the Kamusi. cool
Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by edon21: 11:20pm On Aug 01, 2019
Yobeezy:
Road in upper hill
open gutter again??

1 Like

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by edon21: 1:34am On Aug 02, 2019
Kenyans you did say that you have complete power coverage and that you don't use generators?? https://www.standardmedia.co.ke/mobile/amp/article/2001335641/let-there-be-light-brilliant-villagers-are-generating-own-electricity

2 Likes

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kuruptnigga: 3:23am On Aug 02, 2019
Lets tour in Nigeria a little wink

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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kuruptnigga: 3:29am On Aug 02, 2019
Obudu mountain, Cross River

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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by AskiaHarem(m): 3:33am On Aug 02, 2019
Kuruptnigga:
I'm in Nairobi to be precise and I decided to take a Walk to Luthuli avenue to get something special for me and my bae as usual. grin but bro, the place is fvcking dirty tongue grin grin
lipsrsealed lipsrsealed lipsrsealed

2 Likes

Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kuruptnigga: 3:33am On Aug 02, 2019
Calabar

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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kuruptnigga: 3:39am On Aug 02, 2019
V. I, Lagos

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Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Kuruptnigga: 3:42am On Aug 02, 2019
Lekki conservation center, Lagos

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