₦airaland Forum

kikuyu1:
HCI 2020 had a significant entry:

As always there's room for improvement and we should aim for Vietnam. Should the Swedes, Dutch and NZrs do better given their vastly higher GDPs? A srs question, imo.
Under Ruto I see us easily reaching Seychelles rank of 0.6, even 0.65 given his passion and the commitment of Magoha and his education ministry who would be a credit ANYFKNWHERE globally in his field.

So you also like rvp2018, think Ruto would be an improvement on Uhuru Kenyatta? Hopefully so though.

Kazikazi:
It can't work 1000% as planned,but still if we get 50% success rate that will be enough for anycounty which is serious in manufacturing to be rich.
I think the major problems are not in a free trade,but costs of production are too high.

Well knowing how difficult it is to travel around Africa as well as the terrible roads between borders and stuff like that, poor infrastructure for logistics, etc. It's gonna be difficult, but we have to start somewhere.

Kazikazi:
DRC has resources than any African country.
population? Why are u mentioning that considering the DRC is both in EAC and SADC plus African free trade is signed.

But leadership is all what matters.

Do you think that African free trade is a thing at the moment or just on paper? What are your thoughts on that?

Kazikazi:
East African breweries is now owned by Diageo,the English ccompany. It's wrong to call it a Kenyan company.

It would be the equivalence of saying Jumia is a Nigerian company. Though it was founded by two Nigerians alongside two Germans in 2012.

Kazikazi:
Tanzania

You guys have some really beautiful ladies though.

Kazikazi:
East African breweries is now owned by Diageo,the English ccompany. It's wrong to call it a Kenyan company.

Thank you jarry.

rvp2018:
You're mixing inflows and outflows. We are talking outflows.

I didn't mix it up, I clearly explained we would come to outflows. If I say list ten of your biggest outflows, I know I would get a list like this:

1) Mpesa
2) Mpesa
3) Mpesa
4) Mpesa
5) Mpesa
6) Mpesa
7)Equity Bank
Tea
9) Flower
10) Mangoes

rvp2018:
You're mixing inflows and outflows. We are talking outflows.

For outflows, list ten of those Kenyan companies you said are unaccountable.

rvp2018:
Nigeria regional companies are countable. Kenya are not. In almost every sector - kenya companies have expanded regionally - it didnt start now - it started in late 90s. When kenya economy sunk in 1990s under the weight of sanctions, corruption and mismanagement - kenya companies took advantage of EAC (new) - and expanded to Uganda and Tanzania - and that expansion has gone further south to even South Africa - furthern north to Ethiopia/South Sudan - and even West Africa.

Name any sector - from even agricluture - kenya flower companies are the guys who went to Ethiopia and set up shop. Any sector kenya companies have expanded. The only competition was South Africa....but they are retreating. South Africa companies started also expanding around the same time - with end of apertheid and start of ANC.

As for Nigeria - you got Dangote, banks, fintech and globacom. FINITO. Almost every kenya company has regional branches.

Kenyan regional companies are unaccountable? Are you serious?? I mean do you even believe some of what you peddle sometimes??
Anyway before we delve into the topic of regional companies, let's talk about inflow of investments. This is from your own Kenyan website on capital investments into African countries in 2021, note that Nigeria receives these investments despite being ranked as low as 14th best country in Africa to invest in.

Nigeria emerged the fastest-growing hub on the continent in terms of capital investments, attracting $6.6 billion, followed by South Africa ($3.8 billion), Angola ($3.1 billion) and Morocco with $2.4 billion in investments.
The telecommunications service sector received the highest capital investment totalling around $8.5billion, with the largest investments focused on Nigeria and South Africa as remote working and hybrid work models raised the demand for transformative business solutions.

https://www.theeastafrican.co.ke/tea/business/nigeria-leads-africa-in-foreign-investment-inflows-3652190

On a side note many of our tech companies have regional branches. Even in Entertainment, cinemas like Silverbird have West African branches, but we would get into all of that shortly.

rvp2018:
In every sector you will find kenya companies in the region. Apart from South Africa - no other Africa country come even close.

What sectors are you talking about?

Speaking about non oil and gas investments, Nigeria is a powerhouse in Banking with the exception of South Africa and Egypt, Nigerian Banking sector is unrivalled. We also have big companies like Interswitch, Konga, MainOne, etc.
Out of a list of 75 fastest growing companies between 2017 and 2020, Nigeria has 20 Companies, South Africa has 24 and Kenya comes 3rd with 9.
If you take away Oil, Gas, Agriculture, Mining, etc, Nigerian investments would still outperform Kenya on average.

rvp2018:
Last I checked fintech was tight competition btw tiny Kenya and giant (of nonsense) Nigeria. Kenya receives non-mineral FDI. Nigeria and most of Africa receives almost exclusively mineral or extractive FDI - which has had zero impact.

And kenya is also source of FDI - this year alone we are investing more than a billion dollars in Ethiopia through Safaricom. Almost 1000 kenya companies have expanded to the region.

Okay let's discuss non oil and gas investments in both Nigeria and Kenya. Nigeria still wins there lol. So apart from Safari com and your biggest Bank, what other big Kenyan investments do you export?
Speaking about non oil and gas investments, Nigeria is a powerhouse in Banking with the exception of South Africa and Egypt, Nigerian Banking sector is unrivalled. We have big companies like Interswitch, Konga, MainOne, etc.
Out of a list of 75 fastest growing companies between 2017 and 2020, Nigeria has 20 Companies, South Africa has 24 and Kenya comes 3rd with 9.
If you take away Oil, Gas, Agriculture, Mining, etc, Nigerian investments would still outperform Kenya on average.

Subsaharan:
Nigerians are the largest contributors as far as human resources are concerned in this continent.

The exploits of our doctors and teachers are just a few to be mentioned.

so when he talks about human resources and compares his country with Nigeria, he must be living on a different planet

Probably he means Kenyans are able to attract more foreign investors who settle in Kenya and build there. But then again when you look at it, the Kenyan FDI is still a joke. The Kenyan economy confuses me sometimes.
They definitely need resources, no two ways about that. Maybe if they are humble on this forum, Just40 would lend them some Ghanian gold while we supply them some yams.

Kriss216:
There's one thing about money I love so much. It add value and self esteem to the holder.

No matter how broke and sick you are, once instant N5M enter your account, you may even be challenging Governor of your State.

This is a poor man's mentality. Money is not measured by the number in your account or the paper in your wallet, it is measured by the worth of your investments or values/services you add.
Nigerians should stop boasting about money but rather the values/services they create and/or the worth of their investments.

Subsaharan:
Can your Human Resources be compared to that of Nigeria?

Nigeria has Oil &Gas, Iron, Gold, Bitumen, Uranium, Tin, arable land(one of the largest on the continent

Mention the ones your country has?

Better put respect on the name(Nigeria) when you're speaking. we nor be your mate

He meant human resources though.

Subsaharan:
Can your Human Resources be compared to that of Nigeria?

Nigeria has Oil &Gas, Iron, Gold, Bitumen, Uranium, Tin, arable land(one of the largest on the continent

Mention the ones your country has?

Better put respect on the name(Nigeria) when you're speaking. we nor be your mate

Yeah, when Kenyans say human resources you'll think their humans (the Kenyans) are the most innovative in the continent. They are doing okay no doubt but rvp is exaggerating this human resources thingy.

Shma:
Too many stadiums but you only host a few events, smh!

Kenya as we talk is hosting an international event.

I know a Kenyan would say this. Don't worry, we are planning to host something hooge in the future . The World cup.

68816419:
Another port in Nigeria : why only in Nigeria
Largest Deep-Sea Port in Africa, Badagry,Lagos, Deep Seaport. began construction

https://www.youtube.com/watch?v=2jxF0i_uROI

I thought they said it would begin in June because of the feasibility studies still ongoing?

Abuja Maitama Nigeria.

gallivant:
South Africa, Morroco, Japan etc. Why don't you compare with Nigeria? Show more patriotism man.

Nigeria also is not exporting enough finished goods.

rvp2018:
This most nonsensical post of the day.
The economy is not just manufacturing - it's the entire spectrum of economic activities - from agriculture, education, healthcare, transport, construction, real estate, hotels & accommodation, retail & wholesales, trading,
A country that develop sustainably does so by developing all these sectors - they diverse their economy.
So that if you get a problem in agriculture (say drought or disease) then retail & wholesale will sustain you.
If you have problem with tourism (due to covid-19) - the other sectors can sustain you.
Of course manufacturing is very important - because it's highest multiplier (of 10) - meaning one manufacturing job will create 10 jobs
And to get manufacturing working - you need basic of electricity (cheap), roads & railways, and of capital (investment).
Countries that have pursued what you're suggesting - import substitution (replacing imports with domestic goods) have not gone anywhere.
In fact those that had contrary thoughts - export led manufacturing - are the ones that have developed.
That seek first to manufacture and export - to rich countries - use the money you get from export to develop - and grow economy
Once you're rich - then you can manufacture for domestic economy.
If you start from manufacturing for your local economy - who will buy those things - yet people are POOR?
The same for food - dont grow flowers - grow yams.
But if people are poor - who will afford your yams? It's better if we grow flowers, get the dollars, use it to buy yams from you.
In short Africa countries should follow beaten path - that South Asians have proven - export led manufacturing.
Manufacture these stuff you dont need that people out there need first- for example Veitnam are making 12B dollars manufacturing bicyles for export.We dont biycle in Africa - but Europe need bicyles - and they are paying money for it. We surely can build bicyles.
From the proceeds of exports - grow your local economy until the time people are rich enough - to afford manufactured goods.
Import substitution FAILED in 1980s in Africa.
Stupid Nigeria and Ghana now are REPEATING THE SAME MISTAKES.
Nigeria and West Africa with excess labour should be doing what Veitnam and Bangladesh are doing now - export led manufacturing.
Kenya too is not seriously engaged in this....and we know have about 15M idle labour force that should be manufacturing things for export.

One of the most sensible post you've ever made in your life. I agree, and I am happy you know Kenya is also not doing enough in terms of export led manufacturing. Only Morocco and South Africa seem to be making baby steps long enough in that aspect at the moment.

rationalhuman:
Kenya does not have a refinery as it is not viable, we are not a oil rich nation.

Nigeria is exporting crude for decades and how many refineries do you guys have? Dangote is making the first one in now. That tells us we Kenyans are much better at planning and execution then nigerians.

I tell you why, You had Oil but did nothing. we had geothermal and Kenya is the proud nation that is making 30% of its electricity from that clean source. By 2024 Kenya will be the number one in geothermal energy.

Nigeria has four refineries. Nigeria has had four refineries since 1979. We only started importing crude in the early 1990's during the military Government and it worsened in the mid 2000's. It was sabotage and corruption. Some people purposefully ensured the refineries didn't work well enough so that they can export crude instead and importing was also big business to some.
All four refineries of Nigeria together (even without the Dangote refinery) can produce 445000 barrels a day which is more than enough, because Nigeria's consumption is 340,000 barrels a day.
The problem Nigeria has at the moment, is that most of our major investments were last made in the 1970's, so in 2024, Nigeria would definitely be a much much stronger economy as well if we get the investments right.

rvp2018:
You clearly dont understand what development is or what human capital investment mean.
It doesnt mean you become a manufacturing giant (most of them export led manufacturing is only possible when there is excess labour)
It basically mean people are able to live better lives - well fed, well educated, healthy, prosperous, enjoying all the quality of life amenities like paved roads, piped water, constant electricity, great broadband connections, cable or sat tv, name them - and these are now possible in most part of kenya - including very deep in villages, good schools for kids, great enviroment, thriving economy that support small business or generate jobs.

Let me give example of what to prosper mean (kenya counties are smaller states - nigeriaspeak)

Demographic data from the 2019 Census points to some findings worth noting. I will share a number of findings in this platform, and today I focus on Nyeri County which seems to be very favorable to the GIRL CHILD.
Women in Nyeri live longer than women from any other county in the country, and also significantly longer than males in any part of the country. If Nyeri was a country in Africa, it would have the 2nd highest women life expectancy! Wow!
The life expectancy at birth among women in Nyeri was estimated as 75.8 years, which was 3 years longer than women in Kiambu County who recorded the 2nd highest life expectancy at birth; and even 9 years longer than the national expectancy rate among women
Tana River recorded the lowest life expectancy at birth among women at 58.6 years, which is nearly 18 years lesser than in Nyeri County
Interestingly, women in Nyeri also live on average 9.4 years older than their males’ counterparts in the same county whose life expectancy at birth was 66.4 years. Interesting!!
Now, when life expectancy is measured at 60 years, women in Nyeri live on average for 22.2 years more (hence likely to hit 82 years), the highest in the country; and 6 years longer than their male counterparts who live on average 16 years
Shifting to another indicator called Maternal Mortality Ratio (MMR) which is the number of women who die from pregnancy-related causes or within 42 days of pregnancy termination per 100,000 live births
Now, MMR in Nyeri is estimated as 67 per 100,000 live births, meaning that for every 100,000 live births in the county, only about 67 maternal deaths are recorded; and this is lowest nationally and is within the recommended Sustainable Development Goal 3 target of less than 70 maternal deaths per 100,000 live births (the only county where this indicator is within the SDG target).
Let me try to simplify this!
Nyeri’s Crude Birth Rate (number of live births per 1,000 midyear population) is estimated as 20.8, and with a population of 760,000; then, the number of annual births in the county is about 15,000!
With an MMR of 67 per 100,000 live births, then it simply means that it will take SEVEN years to record about 67 maternal deaths! Or, the county records about 10 maternal deaths annually!
Kiambu has the 2nd lowest MMR, and it’s estimate was 171 per 100,000 which is more than double Nyeri’s estimate, or simply put, a woman in Kiambu is twice likely to die during pregnancy and/or child birth than a woman in Nyeri.
Garissa has the highest MMR of 641 per 100,000 which is nearly 10 times more than in Nyeri; or, a woman in Garissa is nearly 10 times likely to die from pregnancy and/or child birth related complications than in Nyeri
While the national Total Fertility Rate (average number of births per woman) is estimated as 3.4; Nyeri’s estimate is 2.9 which is among the lowest nationally.
Additionally, the infant mortality rate in Nyeri is estimated as 28.3 per 1,000 live births and is among the lowest nationally, while the Under-5 Mortality Rate is 41.5 per 1,000 live births again the 8th lowest nationally.
The above quality of life among women in Nyeri could be attributed to multiple factors including; improved health care.
Nyeri County has the highest concentration of health facilities in relation to any other county nationally
As of 2020 (based on MoH Database of Health Facilities), Nyeri County had about 423 health facilities (private and public), with each facility serving an average catchment population of 1,795 people (lowest nationally).
Although the county is ideally supposed to have 8 Level 4 Hospitals (a level 4 hospital serves a catchment population of 100,000 people), Nyeri has a total of 13 Level 4 (and above) health facilities including Nyeri PGH, Karatina DH, Othaya Level 4, Othaya Level 6, Mukurwe-ini Hospital, Consolata Hospital (Mathari), Tumutumu PCEA Hospital etc. Of the 13 Level 4 (+) hospitals, 6 are Public
Nyeri County further has 5th highest number of hospital beds just behind Nairobi, Kiambu, Nakuru and Kakamega Counties.
In addition, looking at the Human Resource, Nyeri has the 2nd highest concentration of CORE HEALTH WORKERS nationally. On average, in 2020 there were 31 core health workers per 10,000 people which had doubled in relation to 2012; and more than double the national average of 15

Well we clearly have different ideas on what a country needs to be developed. All of these things you have mentioned are good and fancy but are they sustainable with Kenya's development? For me, development is first and foremost about being economically sustainable where:

" We ourselves (black indigenous Nigerians, Kenyans, Ghanians, Tanzanians, SouthAfricans) grow 70% of what we consume ( or at least have indigenous options), and consume 70% what we grow and that finally we can export these indigenous goods and services in large numbers.

Those things you mentioned above that bring luxury, Kenya and the majority of African countries do not have big African indigenous options yet ( e.g indigenous companies that can build more of these facilities across the country to prevent Kenya from further high debts), but some African countries are doing better in these aspects than others. If we have not developed to the extent of having great indigenous manufacturing companies ( a mix of indigenous private and Government investments), then we are not there yet and only resources can save the economy.

For me, the solution to Africa's problems is that we start training our people to produce replicas of everything the white man has brought to us and we support their investments to be big options in our countries as well.

rvp2018:
Kenya has survived for all these years without minerals.
We use our human capital - which is better than natural resources.
A country cannot develop with minerals going up and down.
That is just like a drug addict - one minute high - the next minute miserable.
It's now called Nigeria Natural Resource Curse.
Kenya I am happy we dont have minerals - so we can build the most important resources - HUMAN CAPITAL.
We already have Africa best HCI - capturing 58% of human potential - and we are making progress

But even with all your mouth, Kenya is still not a giant in manufacturing of finished goods or even export of services. South Africa is by far number one in that aspect in Africa (and even they are lagging behind seriously compared to Asia and Europe) followed by Morocco and Nigeria.

So we know that Kenya is not at the standard of Europe yet or Japan in terms of human capital so maybe the little resources you have may help if you make use of them while you build Human capital to the extent where it sustains the economy.

I looked at the record and apart from probably Morocco(but on a very small scale), more than 60% of the exports of all African countries are largely raw materials. South Africa is the most diversified economy in terms of manufacturing of finished goods but it is still resource dependent to an extent compared to Morocco with a smaller economy.

shineforth:
Mr Bankole and to others who care to know. south africa is no longer easily issuing visas as it used to be. Infact i got a first class info today from an immi director in SA that all visas submitted in foreign embassies are to be processed in pretoria home affairs moving forward . Even i a PR holder also had my parents visitors visa denied this week in Nigeria after 5months processing. They are both 70 years + and have visited Australia , South africa , UK and US and yet they denied their applications.

In SA currently a lot as changed with issuing of permits and it as become extremely difficult with the new visa regulations in issuing work visas now due to the operation dudula and locals protesting that foreigners are taking their jobs. Most foreigners are now applying for least alternative permits which is spousal or life partner visas to still be able to stay in SA.

The federal government of Nigerias attention i believe needs to be drawn to the high rate of denials in Nigeria tho and the time line to issuing even an ordinary visitors visa to SA in Nigeria is outrageous which eventually gets denied. This is getting out of hand and no one seems to be talking about it. Its high time we petition those who could intervene in this craziness by SA embassy

Apart from you guys in South Africa who are already there, I'd say Nigerians should go to other countries and stop going to South Africa for now. The reputation of Nigerians in South Africa and Dubai doesn't seem to be very good at the moment from my assessment.

Desperados:
Mak we dey sincere wit each other, na the girls dey kill themselves because of their greed.




There are good focused hardworking guys even here on Nairaland but when they approaches this same girls, they look them as broke.


Majority of Nigerian girls wants to date a guy driving car without knowing the source.




There are advises been passed to this same girls daily but they don't pay heed to it.




THE RITUAL KILLINGS OF GIRLS WILL CONTINUE UNTIL THEIR GREED & LUST AFTER MONEY IS QUENCHED....


(drops pen).

There are greedy ladies everywhere even in Europe and America who desert broke men for fraudulent men, but how many times do you hear of ritual killings in such societies. What is evil is evil, don't divert our attention from the problem, the elephant in the room.

Schemerkhiz:
Super Falcons captain is clubless and we are a few weeks to AWCON, but the media and fans are calm. Super Eagles have the largest media and fans' attention. Other national teams and League football doesn't matter.

Let her start with Rivers Angels for the time being if they are on session.

List of countries with risk of debt distress by the IMF.
Kenya is there on the IMF list for high risk of debt distress. The next president of Kenya must find a way to stem the tide. At least Ghana has hope with the renewed interest from black Americans and other foreigners for investments in Ghana. But how would Kenya get out of this mess?

Mozambique, Chad, Congo Republic, and Zimbabwe are already in debt distress .

gallivant:
Nairobi

https://pbs.twimg.com/media/FJIUIAPWYAAAs_6.jpg

https://pbs.twimg.com/media/EJQuwPgU0AMmmzR.jpg

https://pbs.twimg.com/media/EGU-TA0XoAARRI_.jpg

https://pbs.twimg.com/media/EVoXFKiUEAAVgzr.jpg

https://pbs.twimg.com/media/FRg-nMNXoAIEd3G.jpg

https://pbs.twimg.com/media/FRg-orCXEAAt2U6.jpg

Now tell me what's special about these pictures, and apart from the first pic, what exactly is the development here .

Subsaharan:
They built their airport themselves. They have been blessed with good leadership compared to Delta or Bayelsa States.

They are making very significant progress.

They were able to attract >$bn of FDI with the construction of the BUA petrochemical facility about to commence

https://guardian.ng/business-services/bua-to-complete-200000bpd-refinery-before-2025/

also, A $1.6bn Fertilizer plant

https://allafrica.com/stories/202104060405.html

And Nigeria's first nuclear power reactor with a deal with Rosatom in Itu LGA


https://constructionreviewonline.com/news/bids-opened-for-construction-of-4000-mw-nuclear-power-plant-in-nigeria/

As in that state has been blessed with good Governance. All they need is to have more wealthy individuals settle there.
Someone recently drove from Enugu to AkwaIbom. Immediately he passed Abia state into Ikot ekpene in AkwaIbom, the difference in roads were like night and day. The drive through Ikot ekpene was so smooth with marked beautiful roads all through even in the village of Ikot ekpene.

Subsaharan:
I think you are thoroughly misinformed. All of Nigeria's geopolitical zones(and they are 6) have at the very least 2 cities above the level of Mombasa.

SW - Lagos, Ibadan etc
SE - Onitcha, Awka, Enugu
SS - Calabar, Uyo, Port Harcourt, Warri, Benin, Asaba etc
NC - Abuja, Lafia, Jos etc
NW - Kaduna, Kano, Zaria, Sokoto etc
NE - Maiduguri, Jalingo

Each of these cities with their uniqueness.

Nigeria is a Federation so all her states compete with themselves for IGR and infrastructure

for instance, I'm a South southerner. Rivers state is lobbying for the resuscitation of the Port Harcourt - Maiduguri Railway.

Cross-River is arguing that it's the shortest link to Nigeria's NE and is lobbying for funding for it's deep seaport and Superhighway.

CRS is the only Southern State in Nigeria where you can move through it's territory alone to the North

Akwa -Ibom/State(being oil-rich) is beating everyone to the game. They have money to fund a deep sea port. And has excellent infrastructure leading to Cross-River State

These Regional competitions don't even make national news.

Now how does Kenya fare?

Aka Ibom even have their own Airline.

gallivant:
Nobody is stopping you from posting Accra, Abuja and Lagoon Island. Infact, we welcome it.

I've been posting them. I don't just post pictures, I post videos. Another thing is that we post also every form of development, not just beautiful roads and buildings which Abuja, Abidjan, Accra, and Lagos have of course but also new industries. Also, we have posted developments to you from across Nigeria. From Lagos to Kano, from Abuja to Uyo, and from Kaduna to Nassarawa and even Borno.

rvp2018:
You should have at least 4-5 Nairobi to start with.
But you dont. Your next city Abuja is below Mombasa.
We have other cities..and towns.
And we are not yet urbanized.

Abuja being compared to Mombassa �. That's an insult to Abuja and you know it. Abuja has perhaps the highest number of estates in Nigeria including Nigeria's first smart estate. It has a Metro and some of the best road networks you would find anywhere in Africa. Abuja and Mombassa Now you're trolling lol.

Can you give me a drive through Mombassa comparable to this??


https://www.youtube.com/watch?v=3xEHFg3BHHE