₦airaland Forum

obaaderemi:
Hbuyosh a kenya created a thread once where he ranked nigeria ahead of kenya in real estate;office space rental,retail space and residential space.on that thread nigeria was 2nd and kenya was 5th[www.venturesafrica.com]he got his info from that site.now his compatriots are arguing blindly.and when u ignore them they go ballistic.what else do they want?

obaaderemi:
I have suspected it 4 a while the guy is sick.even the south african zuluboy,jayceon, cant compare to him.

NairobiWalker:
It is one thing when you use a term "vaguely to make a point" but another thing when you claim you have sooo much knowledge in a given field that you brush down everything everyone else has to say yet make very ridiculous assertions in the same topic. For instance - when someone who claims to know Nigeria so well that he's not even willing to learn or listen to what other Nigerians say claims that Murtala Mohammed Airport is in Abuja what would you say of him? He's stupid and ignorant.

obaaderemi:
Do the right thing.Ignore that man.pls,let him revel in his blind ignorance and infantile attitude.They know little of nigeria

NairobiWalker:
I'm sorry but do you have anything between your ears bro? Those prices are the minimum in this estates. Learn how to read my friend. You can't be both ignorant and poor in comprehension.

NairobiWalker:
You're an idiot. So you've heard of everything that happens in Kenya? Somebody who thinks there are apartments in Muthaiga wants to claim they know much about Kenya? lol......you're ignorant about your own country, what can you say about Kenya? And what has size got to do with it? We are talking about quality my Friend not size and your Nigerian friend Pavore who lives in Nairobi has already told you Nairobi has better quality real estate than Lagos.

Check out the minimum rent per month in Nairobi's high end estates. (1$ = KES 100. Do your conversions and come back)

http://venasnews.com/most-expensive-estates-in-nairobi-you-should-not-look-for-houses-here-if-you-are-earning-less-than-ksh100-000-per-month/

Pavore9:
http://mobile.property24.co.ke/5-bedroom-townhouse-to-rent-in-karen-104508820

That is in Karen, N14m monthly rent!

Pavore9:
That could be true but it does not apply to me! My family is really deep into real estate starting way back from the 70's! I have a good idea of real estate in Lagos.

Pavore9:
A Nigerian who have lived in Lagos before relocating to Nairobi is in a better position to analyze some issues.

NairobiWalker:
There are properties that cost $10000 per month in Nairobi

Pavore9:
I can match neighborhoods between Nairobi and Lagos, l know some neighbourhoods in Nairobi, l can match the quality of residency with that of ilupeju, Lagos.

Neighborhoods you can match with Lavington, kilimani, Kileleshwa etc. Nairobi had its own share of neighbourhoods in the mould of Bariga. Ijora badiya, Ajegunle etc in good measure!

Pavore9:
Born and raised in Lagos, work and live in Nairobi....Forget the pictures being posted l know the realities of both cities!

Pavore9:
We no even dare go to neighbourhoods like Karen, Runda, Muthaiga etc where rents are $5000 and above. Ask any other Nigerian living in Nairobi going by the present exchange rate which between Lagos and Nairobi where the rent in a good neighborhood is lesser.

If you are paying N800,000 annually for a 3 bedroom flat at Magodo Estate that is equal to 170,000 Kenyan shillings going by today's exchange rate between the Naira and Shillings. That 170,000 Kenyan shillings will cover only 4 months rent of similar neighborhood in Nairobi!

PissedYagami:
This happens coz there are few buildings of that type, less demand higher prices, see

Pavore9:
The rent in an upscale neighborhood of Nairobi is higher than the ones in an upscale neighbourhood of Lagos. Shebi l follow go house hunting with a Ghanian couple who just moved over. A 4 bedroom masionette is renting $2,140 monthly plus a $200 monthly service charge and sharing compound with 7 other units!

Away from upscale neighbourhoods, a middle class neighborhood one can get a bedsitter (a room and an ensuite kitchen and toilet/shower) for between $90-$100 monthly whereas that can get me a spacious 2 bedroom flat in Anthony Village, Lagos!

Pavore9:
The rent in an upscale neighborhood of Nairobi is higher than the ones in an upscale neighbourhood of Lagos. Shebi l follow go house hunting with a Ghanian couple who just moved over. A 4 bedroom masionette is renting $2,930 monthly plus a $200

shizzy7:
I actually don't think so because there are different dollar rates in different African countries.
You can't compare Zimbabwe currency to that of Nigeria in terms of dollars...

Even in the said Lagos and Abuja the rental rate varies significantly depending on the location.

NairobiWalker:
More sources for our ignorant brother who things Nigeria got a thing on Kenya in real estate.

http://www.africatopsuccess.com/en/2015/04/13/invest-in-real-estate-business-the-top-5-cities-in-africa/

NairobiWalker:
You must be out of your mind.

http://luxafrique.net/top-5-cities-invest-real-estate-africa/

PissedYagami:
So you are saying a 100metre building is Lagos is equivalent to 200 metre tower in Kenya??

kongobi:
sadly fact remain ,kenya is ahead of nigeria in all aspects.

except big population and oil of course ,which make them think they are something,
but with such a population and resource it should be ahead, very ahead ,way ahead

a delusional ego attitude that only hurts them, where they push all the flaws under the carpet, and live in denial ,
perfect Nigeria ,awesome Nigeria ,best in africa only comparable to Europe and america,other africans look like wild animals compared
quick to belittle other african countries, and not just kenya, they do this even to their immediate neigbours

sadly fact remain

Fidha254:
You guys are hilarious..... So what did you expect A country of 45million then you want to have one city with 20million? is this the kind of measurements that you guys use to measure the success of a city?
Look at all the great big cities and tell me their population, London is 8million, NewYork the big Apple is only 9million....Even Beijing, from a country of 1.3billion people, has a population of 20 Million residents, and then we have Lagos, a city from a third world country with a population of 21million, and then you find this as something to brag about!!! Oh boy...
Sorry to disappoint you but we would rather Nairobi never goes further than 5million in the future, we would rather have satelite cities close to Nairobi grow and also other cities far from Nairobi like Mobasa,Nakuru Kisumu equally share the urban population distribution

Haha. Seems you missed the point. And that makes you hilarious instead. He said in a country of 45 million, 3 million live in Nairobi, the country's largest. Others in a few cities not up to 10 obviously with far less populations. So where are the rest? "Chasing wild animals in rural areas" just quoting the nigga tho. Didn't say that.
Could be that a large population of Kenyans live in bushes and villages. Just thinking out loud. Haha

14:
I remember when bloomberg broke the news about South Africa overtaking Nigeria once again to reclaim top spot, Mr Dangote jumped up laughing about the bloomberg claim. I for one expected that reaction from Nigerians. They will never accept that any other country in Africa is bigger than them, that biggest economy status is for life, believe you me.

Later on they sent the GDP stats to IMF as $415bn compared to bloomberg claim of $275bn based on their currency exchange rate with the dollar. Some nigerian commentator was furius on TV explaining the Nigerian GDP calculation, saying that the oil sector is calculated in dollars and not Naira.

The question i asked myself was, why SA GDP is determined based on its exchange rate, converting Rand to Dollar, but that cant be done in Nigeria. Thats when i started questioning the validity of their stats as a whole, very questionable.

You cannot have a GDP of $500bn and only raise a tax revanue of $21bn, the maths does not add-up. Even if you can come up with an excuse of the economy being largely informal, $21bn is too little considering 90% of it comes from oil. So my question is, how did you quantify that informal economy or it was just by estimate. On top of that you claim to float your currency, while you peg it at N305 to the dollar, while the parallel market is at N470 to the dollar. SA has only one currency exchange rate, unlike nigeria which has more than 4 currency exchange rates, N290, N305, N400, N470 to the doller, which one is the correct one.

Nigeria is going through what venezuela is going through.

The problem is, the masses are the ones that are suffering while the government is busy giving them propaganda on a daily basis. Hence they cant wait to leave the country for greener pasture, because their government has failed them. This is what happens when you continue cooking up stats in a bid to loo FDI, it catches up with you at the end. This is a zimbabwe in a making, watch the space. Once you start struggling to pay government workers, how are you gonna fix the roads, hospitals, schools. whats left is a total collapse because that oil price wont go back to $100 to the barrel anymore. The government keeps on lying to its citizens that they are going to borrow $6bn before end of 2016, its december now where is the $6bn and the china yuan deal, and the indian $20bn oil deal, its all lies, how do you borrow $6bn when your debt service from your budget is 38%. That means in every $100, $38 goes to service debt and that could grow if indeed you manage to increase it by $6bn. It could grow to 50%, meaning if the 2017 budget is $20bn, $10bn would be going to pay debt, thank God i am not Nigerian.

KenyaMan111:
No one is comparing enormity, congratulations for being enormous. I am perplexed and slightly confounded. All that wealth and GDP, but I still cannot fathom where it's going.

Enlighten me kiddo, why is the woman in the second picture contemplating on cannibalism as a means to eat. Surely you're rich to enough to feed her, no?