₦airaland Forum

rvp20182:
My instinct is to distrust any data from Nigeria unless cross-referenced outside Nigeria. Show me who import those aircraft vessels

Shma2022:
Why have you deleted the post? .. Nigeria export N100billion worth aircraft to Ghana?
I'm curious to know more.

Fourpockets:
I know about innoson and proforce military vehicles, but I don't know anything about aircrafts can you give me companies that manufacture tgem

Fourpockets:
I know about innoson and proforce military vehicles, but I don't know anything about aircrafts can you give me companies that manufacture tgem

Fourpockets:
When it comes to IT sourcing, Nigeria is tops in Africa.

Fourpockets:
I'm curious, when did we start manufacturing special purpose ships, and Aircrafts?? For exports

rvp20182:
Only a demented fool would believe such data.
Nigeria export aircrafts
Facts is Nigeria economy been sick
Now even with peak oil prices - it even sicker.
Kenya economy is firing on all cylinders.
And we are just starting.

rvp20182:
And you believe Nigeria export spaceships, aircrafts and ships to Spain. Some of that data is crazy. Nigeria made aircraft - what it's the name INNOSON.

rvp20182:
I have my doubt of scrapped vessels and special purpose ships data - otherwise it clear Nigeria main exports are natural resources - that have least multiplier - and ability to lift people out of poverty.

Kenya is doing well in horticulture - with multiplier as good as manufacturing - IT enabled services (outsourcing), tourism - that have huge potentially to transform the economy. This should be the focus - the high value agriculture (avacados earn Mexico 12billion dollars), IT-enabled outsourcing system- exports as good as selling machine abroad- (digital economy with investment in fiber all over the country) - tourism - high value services - as traditional manufacturing is a mountain to climb for now

That is why Kenya has been pulling economic growth almost non stop for 20yrs - while Nigeria is struggling - 10yrs of recession and now even with Oil at it peak - it appears the anemic growth rate will continue.

When this kenya v Nigeria started - somewhere in 2014/2015 - Kenya economy was barely 40B - Nigeria was 500B. Now Kenya economy has climbed - this year could be 120B - Nigeria economy osciallate btw 400-500B for a decade - and if they devalue the Naira - it will drop to even 200B.

Nigeria economy need serious re-configuration - that ought to start with fixing education sector - otherwise I dont see much hope - with pre-mature urbanization (at 50 percent) - endemic poverty in slumpolis - and total collapse of basic infrastructure (electricity is now a miracle)

In the meantime kenya economy is transforming - and in a decade - will have caught up with Nigeria and South Africa - who are mark timming btw 350-500B - depending on USD. Both have had a lost decade.

gallivant:
Do you think a country can industrialize without power? Try crawling before walking.

rvp20182:
You hate Kenya and Rwanda - two progressive nations - without any minerals - because they remind you of what Nigeria could be - if they got their shiet together.

Namibia and Botswana are swimming in minerals. Kagame has single-handly turned around Rwanda.

TruthIsBitter02:
Most Nigerians are so unpatriotic I swear. How can somebody in his right senses be campaigning for this man to rule over him and decide the destiny of him and that of his entire generation. Does it mean that they have sworn never to see Nigeria work in their life time. Countries we had independence almost the same time have all left us. And we are here recycling finished products. Pele was the best in football in his prime but if you put him in the pitch now at his age, I doubt if he can make any impact. There is time for everything...

rvp2018:
I just checked the price of 50kg bag of rice in Nigeria. Horrendous. Crime against Humanity

The average price of a 50kg bag of local rice in Nigeria is ₦27,000.
Rice Brand Size (bag) Price
Anambra Rice 50kg ₦22,000 – ₦25,000
Lake rice 50kg ₦26,000
Mama Gold 50kg ₦27,000 – ₦28,000
Par- Excellence long grain rice 43.3kg ₦41,000 – ₦45,000

obaaderemi:
Kaduna is on steroids. I just wish Kaduna can lead the way in the North in terms of children's education. The north needs education.

Shma2022:
Kenya is $113.9B < Angola $114.2B
Just like Nigeria, without oil Angola is dead.

vannessa7:
And they expect us to hand over the nation to this incompetent failure, imagine, this is wickedness because an average igbo man know this man did not perform well as a governor yet they keep pushing him as if Nigeria has been jinxed never to develop. They hate Tinubu with a passion even though he has the potential to develop this country and put an end to the "japa" syndrome because many nigerians will benefit from his leadership skills. Shaking my head(smh)

rvp2018:
How Nigeria deny what was said verbatim by Finance minister Ahmad .that just pr https://www.bloomberg.com/news/articles/2022-10-12/nigeria-exploring-restructuring-some-debt-finance-minister-says

obaaderemi:
That little Indian made it sound like it was a novelty.

obaaderemi:
Something similar was launched by the federal government of Nigeria this year. You can charge your Tesla in Nigeria. Unilag has one such station.

Wuoche:
Charging stations for electric vehicles are being erected everywhere in Kenya.

samorobo:
Congrat Lagos. This is to be located in the same axis with dangote refinery,lekki free trade zone(SEZ),Alaro city, dangote fertilizer plant,lekki deep seaport,isimi Lagos.

Now clones your eyes abd imagine the kind or organic unprecedented economic hub that is about to germinate from that axis. That would be the biggest economic hub in Africa.

Fourpockets:
I disagree with you on this, take China for example, their communist party is the only party, they are also a suppressive regime but their country is far more developed than a democratic country like say Canada.
A suppressive regime isn't bad if the government knows what they're doing

rvp2018:
They were short of 1B dollars after selling 20% stake to NNPC for 2.5B dollars. They split into two bonds. One has been issued and was oversubscribed locally - I believe they raised maybe 500M dollars. They will probably float the other soon as 1st was oversubscried. It will get done early or late next year as there is goodwill from gov and private sector - and they have A++ credit rating - with Dangote willing to put his cements and other plants as collateral.

The project overrun is crazy. I dont know if it's Indians? but from 12 to 19B - dollars that is huge. And that is what Nigeria consumers will have to pay back - 20B dollars.

rvp2018:
I will believe when I see it running. I have seen enough of Nigeria to know nothing get done.

Alphafeezay:
Try and follow the story from the beginning and stop jumping into ridiculous conclusions

Alphafeezay:
So investors in Lagos illegally acquire assets and don't do CSR? So Lagos is open to fraudulent investors?

Tell me which state will take such bullshit

A4alpha:
This people na cruise. As if takeover will translate to wealth.. dem don dey eye this one once dem succeeded oyo go be the plant name.
Next pls.

samorobo:
Read this out loud again.

I don’t see Nigeria nabe on they headline