₦airaland Forum

68816419:
leave this fool to keep wallowing, I guess he only knows Dangote and BUA

kikuyu2:
If you've ACTUALLY read it and understood it srs questions remain: it's been 2 yrs since signing and nothing has happened.


Also

A commercial German loan is meant to fund the project, hmmmm...at the same time I see no mention of what imo is the real issue - top to bottom replacement of extant transmission infrastructure ie, the cables, transformers, step up stations etc, etc.
As I said that's your real power problem.

rvp2018:
Kenya is a very brutal open market economy - companies face brutal competition - many die - because of stiff competition. This is not Nigeria where a few Northern Dangote elite uses Abuja to enact MONOPOLIES - and can never fail - even if they charge Nigeria an arm and a leg. See Dangote selling you cement at 4,200 Naira . for 50 bag of cement.

When Nakumatta/Tusky/etc died - all their places plus more were taken. Now Naivas is approaching 80 stores. Nakumatt at it apex was 64. Tusky nearly got to 70. We have many stores opening.Show me an empty stores that was previously occupied and has no takers :

FIX you monopolies, open up your economy and you'll be like kenya - THRIVING.

How do you explain Dangote getting interest at 12 percent - while a Nigerian is getting 30 percent?
How do you explain Dangote getting to buy dollars at 380 - while a Nigeria goes to black market to buy at 550 to a dollar?
How do you explain Dangote not paying taxes - but simply tarmacking the road using his cement - a road that serves him?
How do you explain import restriction - with exceptions granted to some connected Northern Nigeria - while rest of Nigerian have to smuggle everything from Benin and Camerooun.

After all this concession - Dangote sell your cement almost 3 times more than Kenya - he becomes a multi billionaire - the country overtakes India as the capital of poverty.

If you have a true open market liberalized economy like kenya - one mistake you're OUT - bankrupted by competitors - one strategic blunder - you're DEAD - you have to stay on your toes - sell at cheapest price while offering the best services -

How do you explain Dangote getting interest at 12 percent - while a Nigerian is getting 30 percent?

How do you explain Dangote getting to buy dollars at 380 - while a Nigeria goes to black market to buy at 550 to a dollar?

How do you explain Dangote not paying taxes - but simply tarmacking the road using his cement - a road that serves him?

How do you explain import restriction - with exceptions granted to some connected Northern Nigeria - while rest of Nigerian have to smuggle everything from Benin and Camerooun

rvp2018:
BUA/Dangote - same whatsapp group - Nigeria mostly Northern Elite using Abuja to exhort money from you. What selling price of 50 bag of cement in your hardware shop. I normally buy cement in my construction - I get it 550 Kshs per bag.

rvp2018:
How can GTB afford to buy a bank of it's equal? A bank that is growing very fast.
Dangote is free to come but he is afraid of competition.
Look Dangote is killing your country - a 50 bag of cement is retailing at 4,100 NAIRA converted almost 1,200 Kshs.
Almost a third the price in Kenya
Simba Cement prices: Sh470 per bag. Savannah Cement prices: Sh485 per bag. Bamburi Cement prices: Sh480 per bag. Mombasa Cement prices: Sh480 per bag.17 Jul 2021

samorobo:
This is insane- I am speechless.Africa needs to stop this madness.

https://www.youtube.com/watch?v=bGY0kCLrqIE

naijaseeker:
I remember her also. I expected she would partner very well with Ordega, with either at different sides of the wing. Another excellent winger was Vera Okolo (for ogwologwos like us 2003 All African Games and 2002 Olympics), she was Perpetua Nkwocha's class but she was injured.

There was also a defensive winger in the 2010-2012 class, Mabel I guess who just disappeared.

But Esther was a very skilful winger. I think she was as skilled as Okobi honestly. Nigeria simply lack talents management

68816419:
From a reliable source
GTB kenya To aquire Equity Bank Kenya
is Nigeria’s biggest bank by market capitalization. It already has branches in Kenya, Ghana and eight other countries

SUFFERInSMILIIN:
Listen my friend you have to open your eyes don't stay in your village and make noise travel to other African countries and see for yourself Benin Republic is in front of Nigeria in development even Zambia and Zimbabwe and in front of Nigeria in development. Please do not stay in your village and make noise if you do not have enough of money just take a trip to Ghana Cote d'Ivoire Liberia and see what they are doing. Shallow mentality is not good

Schemerkhiz:
Where's that Esther Sunday that could dribble past Defenders with ease?

What went wrong??

Where did she miss it??

She was one of the quickest and arguably the most Skillful from the 2010 U20 set down till 2012 to 2014...

Esther Sunday will be 30yrs by March...

rvp2018:
The 770m jetty, fully funded by the Kenya Ports Authority (KPA) is the largest of its kind in Africa, with capacity to load and offload very large vessels of up to 200,000 DWT carrying all categories of petroleum products including crude oil, white oils and LPG.


https://www.youtube.com/watch?v=dhTYuTlHCNY

Kazikazi:
Tanzania

gallivant:
...or bellies full of cassava and beans.

rvp2018:
I am pleasantly surprised. I wont be surprised though if it's been completed vandalized. How do you explain the incessant fuel shortages in Nigeria. How do you explain crazy fuel tankers in Lagos bursting into flames.

I remember reading Dangote refinery thing - and biggest problem was lack of product pipeline - the refined fuel would be fed into fuel tankers.

rvp2018:
I got that information from World Bank a few years ago. This is 2010 - Petroleum Markets in Sub Sahara Africa report
https://documents1.worldbank.org/curated/en/907171467990361424/pdf/549270NWP0eifd10box349431B01PUBLIC1.pdf

Only Kenya and South Africa have product pipelines. The pipeline
operation in Kenya has been frequently disrupted by power shortages.
A project for extending the pipeline to Uganda has suffered from years of
delay. The pipeline capacity in South Africa is currently constrained, but
another multi-product pipeline is planned. These limitations in the availability of operating pipeline capacity have increased costs of fuel supply.
There are long-term prospect

rvp2018:
I see - 5,120km of refined product pipeline is impressive - but probably completely vandalized by now - and fuel tankers are the main transport - and there is incessant fuel shortage

Just30:
you really like to compete with Ghana .

For your information.... Ghana has almost 6,000 kilometers of product pipeline and over 230,000 metric tonnes of product tank farm storage capacity on the Volta Lake for product transfer to northern Ghana..

BOST and VRA has been laying pipelines even before Kenya got it independence....

rvp2018:
Kenya has almost 1,800 kilometres of refined products oil pipeline. Nigeria, Ghana and TZ (?) zero. Although we still have a long way to get to South Africa level - I think by 2015 we had about 1,600 petrol stations - about size of Gauteng - but we definitely the regional kings - supplying fuel as far south as Zambia - and far north as South Sudan.

From Kipevu oil terminal, risers each dedicated to a separate oil product and six onshore pipelines each dedicated to a separate oil product connecting the terminal to the Kenya Petroleum Refineries Limited (KPRL) and Kenya Pipeline Company (KPC) storage tanks.

CSTRR:
We can see it happening with the Nigerian singers.

They go to Ghana, spend a few days or weeks there to rest, and then come back to Nigeria to make money and provide value.

popizaino:
Nigeria also has her fair share of mechanized agricultural farms. This is Ada palm oil in limo state, Edo state also NAIFOR and there is another one in cross rivers state.

https://www.farmlandgrab.org/post/view/29793-edo-earmarks-100-000ha-of-land-for-oil-palm-cultivation




https://www.youtube.com/watch?v=ZsOcRBBdNBQ

chrisooblog:
Now you have added illiteracy to lying. Did you even bother watching the video you posted? The rail line leading to our port in Apapa is being fixed because they discovered a fault it wasn't stolen. While the AC not working video is from early last year (note they didn't say the train isn't working)

kikuyu1:
Swallow this and take several seats! PLEASE!

jl115:
yes in terms of HDI they are.... Can't argue with facts my friend

SUFFERInSMILIIN:
My friend stop deceiving yourself. You are a total illiterate you cannot even compare with Brazil. Brazil is the biggest exporter of soya beans in the world the biggest exporter of maize in the world the biggest exporter of cashew in the world the biggest exporter of sunflower in the world the biggest exporter of avocado in the world the biggest exporter of plantain in the world the biggest exporter of sugarcane in the world now tell me where is Nigeria. The gdp is fake. Take a trip to Benin Republic and see the 10th of thousands of Nigerian refugees. The poverty capital of the world we have the biggest GDP 8 country rent in Hunger in the world where the biggest exporter of food keep on fooling yourself.


Watch this video and see the amount of Nigerian refugees in Benin Republic. This shows that Benin Republic is more progressive


https://www.youtube.com/watch?v=JN66jM_HszM

Shma:
Aaah. My guy, do you need an analysis on this?

Look at united Arab nation for instance, see how they have turned their country with oil.

You have huge figures with nothing on the ground

Your cities are filthy, your people are poor, your country is messed up - Boko haram is wreaking havoc in your country.

Look at united Arab nation for instance, see how they have turned their country with oil

You have huge figures with nothing on the ground

Your cities are filthy

your people are poor

your country is messed up - Boko haram is wreaking havoc in your country

rvp2018:
I know you're ignorant - Egypt has big oil and gas industry. Half the FDI is invested in that sector.
FDI that is lagging in Africa - is non-mineral fdi - investment in manufacturing, services and agricluture - that can really turn around economies - and provide employment.Otherwise dont go further than Nigeria to see how all that Oil and Gas has contributed little except make a few rich - mostly foreigners.


Africa needs to attract more non-resource based FDI: FDI in Africa is concentrated in
natural resource (Asiedu et al., 2015b). Furthermore, natural resources have a direct and indirect
effect on FDI. Specifically, there is an extensive literature that shows that natural resources have
an adverse effect on economic growth (i.e., the natural resource curse literature)

rvp2018:
South Africa is the saudi arabia of minerals.

rvp2018:
Mineral resources FDI. Kenya is key source of FDI in Africa. After South Africa - we are next who sent investment to Africa.