₦airaland Forum

emeka1101:
Yet there are over 5 million Nigerians there?
Hahahahaha
They have everything any normal/developed nation has
Go to the boarder between Nigeria and Benin and see how Nigerians are trooping to Ghana on daily basis in their thousands

rvp2018:
East Africa 2018/2019 Budgets
1. #Kenya�� - 3 Trillion (31B usd)
2. #Tanzania�� - 1 Trillion (10B usd)
3. #Uganda�� - Approx.800 Billion (8B usd)
4. #Rwanda��- Approx.281 Billion (2.8B usd)

So combined TZ & UG & RW - are 2/3 kenya budget - Nigeria budget should be somewhere around 25B dollars (with federal allocation to 46 states of around 5B (compared to 4B for kenya countes) - with IGR of around 2.5B).

Officially I think combined Nigeria budget (states+federal) is less than Kenya.

Jay254:
Seriously they look very urgly...

emeka1101:
Which country in this world doesn't owe?
America is owing China trillions of dollars but its no news because its normal.

And why should they even pay?

It will even end in the mouth of a snake.
Hahahaha
nigeria is the most useless country on earth.
Poverty and hunger everywhere.
People dying here and there...

An oil and gas producing country yet there's not enough electricity supply in the zoo.

You are not even ashamed.
Arrant nonsense

TayserMahiri:
Im already studying monkeys!

Jay254:
typical lecture halls in our big unis..

Jonraid:
STL-Kenya's singer promoting her clothingline all the way to Norway-search about VaakiAfrika

TayserMahiri:
D E S P E R A T I O N

wizmikeee:
lol e pain am lol. you'll be the happiest guy in the world right now if you ur stupid lowlife starving illiterate mother and entire women in ur family including ur girlfriend was beautiful and well educated like my mother.

TayserMahiri:
Not that I take a special interest in your team. Im actually concerned for them because they might face monkey taunts in Russia

wizmikeee:
oh really two Nigerian cities damn man that's bad

TayserMahiri:
Who cares?

mtis:
I am a bastard, please ignore me, I know I will eventually die of armpit fungus like my father and his father before him

mtis:
are you possessed my broda

gallivant:
Again, Nigerians are idiots controlled by Fulani herdsmen. Basically the dumbest Africans after Somalis.

gallivant:
Again, Nigerians are idiots controlled by Fulani herdsmen. Basically the dumbest Africans after Somalis.

gallivant:
Again, Nigerians are idiots controlled by Fulani herdsmen. Basically the dumbest Africans after Somalis.

Nowenuse:
For where! Safaricom is a foreign property. Only a percentage of it is owned by Kenya.

mtis:
Below are The top 15 worst cities to live in Africa 2018.

From least worst (15) to worst (1)

15. Harare, Zimbabwe

14. Lagos, Nigeria

13. Abuja, Nigeria

12. Ouagadougou, Burkina Faso

11. Antananarivo, Madagascar

10. Tripoli, Libya

9. Niamey, Niger

8. Bamako, Mali

7. Nouakchott, Mauritania

6. Conakry, Guinea Republic

5. Kinshasa, Democratic Republic of the Congo

4. Brazzaville, Congo

3. N’Djamena, Chad

2. Khartoum, Sudan

1. Bangui, Central African Republic

254tobby:
Please ignore me I have brain fungus

Jonraid:
Without the Arabs,I don't know what the Swahili language would be like.Learn some history.The entire East Africa coastal strip was ruled by the Sultan of Zanzibar,An Arab,Indigenous African groups were a few miles off the coast!Has it occurred to you that Lamu even traded with Arabs,China and Persians lots of years back? Has it occurred to you that we are nearer to Asia than Nigeria?

Black Kenyans are the richest group controlling our economy and politics! Look at the top ten richest Kenyans! 95% of our dollar millionaires are black Kenyans! Look at Kenya's big corporations and their majority shareholders? Ironically,the Indians have been crying of seclusion by the government-we are now doing something to CORRECT that! The constitution says of fair treating of all Kenyans regardless of political stand,race,religion,tribe and gender!

sufferNsmiling:
You blame indians for investing in kenya. When your nigerians will not invest in their own country. Can't you see there is something wrong with your brain suffering and smiling see the chart below

Nigeria foreign investment inflow declines 41 per cent; lowest in ten years

The National Bureau of Statistics, NBS, on Wednesday said the total value of capital imported into Nigeria in the first quarter of 2017 was estimated to be $908.27 million, the lowest in ten years.

According to a new report tagged Capital Importation Report, released by the bureau on Wednesday, when compared to the $1.55 billion that the economy attracted in the fourth quarter of 2016, the figure represents a decline of $640.61 million, representing 41.36 per cent.

The decline in investment inflow, the report said, was due to the fall in “other investment” and portfolio investments category made up of equity, which dropped from $176.44 million in the fourth quarter of 2016 to $101.99 million in the first quarter of 2017.

Similarly, loans declined from $917 .01 million to $369.28 million while bonds, which recorded $25.4 million at the end of the last quarter of 2016, recorded nothing in the first quarter of the current fiscal year.

“Capital importation was particularly low in January, at $187.9 million; this was only the fourth month since 2007 in which capital importation was less than $200 m,” the NBS stated.

According to the report, the fall in foreign direct investments, FDI, came after four consecutive quarters of increase, while the fall in “other investment” followed three consecutive quarters of increase.

On a sector-by-sector basis, the report noted that in contrast to the previous quarter, there were no obviously dominant sectors.

The two sectors to account for the largest proportions of the value of imported capital were Servicing, which accounted for $146.05 million or 16.08 per cent, and Telecommunications, which accounted for $145.78 million or 16.05 per cent.

Meanwhile, despite recording decreases, the Banking and Oil and Gas sectors were the third and fourth largest capital importing sectors, accounting for $126 million (representing 13.87 per cent of the total) and $101.08 million (11.13 per cent), respectively.

Four sectors recorded no capital importation in the first quarter of 2017 and they include drilling, hotels, tanning and weaving.

On capital importation by state, the NBS said the state to import the most capital into Nigeria in the first quarter of 2017 was Lagos, accounting for 95.32 per cent of capital importation, which represents a slight decrease in its share relative to the previous quarter, when it was 96.38 per cent.

Akwa Ibom and Abuja were the states to record the second and third largest amounts of imported capital, recording values of $18.36 million and $14.87 million respectively.

The country from which Nigeria imported the most capital was the United Kingdom, which accounted for $302.47 million, or 33.30 per cent of the total. This value represents a decline of 37.36 per cent compared to the previous quarter.

The country to account for the second largest value of capital importation was the United States, accounting for $215.66 million in the first quarter of 2017, or 23.74 per cent.

The next two largest investors in the period under review were Singapore and Mauritius, accounting for 8.09 and 7.86 per cent, respectively.

https://www.premiumtimesng.com/news/headlines/232121-nigeria-foreign-investment-inflow-declines-41-per-cent-lowest-in-ten-years.html

254tobby:
Its unfortunate for your dad to sire a wasted sperm like you instead he would have spit you in a piece of paper,tie it and then throw in the Lagos island...You're such kind of condom burst product..

254tobby:
I am a wretched bastard may God punish my useless father for fvcking that ashawo I call a mother. I swear to God if Nigerian embassy refuse me visa again I will end their worthless lives and then stab myself repeatedly till life leaves my worthless body

254tobby:
You're desperate for confrontation,I see,just throw those tantrums cause it shows how dull silly YOU are

254tobby:
Leave some of these Nigerian fools,we're used to their ignorance.