₦airaland Forum

rvp2018:
Again Jumia wont be struggling if Nigeria did e-commerce. Konga is dead. Those gov of Nigeria stats are not worth a warm spite of saliva.

rvp2018:
US doesnt even do that much online shopping.

rvp2018:
Usual Nigeria gov wild guestimates. Find us something credible.

rvp2018:
I guess we have to do this ritual annually. Show me 13B dollars worth of E-commerce in Nigeria. That would be very impressive.

rvp2018:
Sector 1: Financial and Intermediation.
Last I checked Kenya total banking asset was 55B dollar against Naija 110B.
Your insurance sector is very small - Kenya is 2nd to South Africa in SSA
Your pension fund is also not big.
Your stock exchange last I checked was twice bigger than NSE - Nairobi.
Your bond market, PE and name it I bet is smaller than Nairobi
Fintech we are neck to neck.

Sector 2: Telcom - I can bet by now Kenya is equal to Nigeria all things considered.
Safaricom 2022 revenues 297B kshs. Nigeria MTN did 950 B Naira...I think you know the exchange rate is now 1:4. That means Safaricom alone earnt more than 1.2 trillion Naira.
For example - your fixed broadband is 80K while kenya is 1 Million. Average per connection folks pay 40-50 dollars. So you're talking about 600M dollars hapo kenyans with proper internet...which is dream for Nigerians. Still running off a generator and mobile broadband...while many kenyans now have fiber to home.

Sector 3: Your agricultural data is doggy - pure guestimate of a druken sailor at stats office. There few formally marketed goods - and even few exported agri goods. We know you still import lots of food.

Trade: Again which trade - it's totally informal retail and wholesale - Kenya at least has very good formal retail - with sales from formal supermarket chains I bet crossing 4B dollars now.

Last I checked Kenya total banking asset was 55B dollar against Naija 110B.

Your insurance sector is very small - Kenya is 2nd to South Africa in SSA

Your pension fund is also not big.

Your stock exchange last I checked was twice bigger than NSE - Nairobi.

Your bond market, PE and name it I bet is smaller than Nairobi

Fintech we are neck to neck.

Sector 2: Telcom - I can bet by now Kenya is equal to Nigeria all things considered.

Safaricom 2022 revenues 297B kshs. Nigeria MTN did 950 B Naira...I think you know the exchange rate is now 1:4. That means Safaricom alone earnt more than 1.2 trillion Naira.
For example - your fixed broadband is 80K while kenya is 1 Million. Average per connection folks pay 40-50 dollars. So you're talking about 600M dollars hapo kenyans with proper internet...which is dream for Nigerians. Still running off a generator and mobile broadband...while many kenyans now have fiber to home.

Sector 3: Your agricultural data is doggy - pure guestimate of a druken sailor at stats office. There few formally marketed goods - and even few exported agri goods. We know you still import lots of food.

Trade: Again which trade - it's totally informal retail and wholesale - Kenya at least has very good formal retail - with sales from formal supermarket chains I bet crossing 4B dollars now.

rvp2018:
REMOVE OIL ECONOMY - and what do you have left in Nigeria. Nollywood?

68816419:
Lagos light rail( Blue and redline ) ...getting lunched soon
The airport station is Ikeja, you can spot aircrafts in the background. walkway from the station to the airport.

gallivant:
Saudi Aramco is not led by uneducated corrupt fools. Don't compare apples and oranges.

samorobo:
I can’t with the yinmu again. First it was oba and now you

rvp2018:
Turn out NPPC has not made profit in the last 40,yrs.

rvp2018:
Yet it's worse in oil producing countries... Algeria one is behemoth and so is Angola..Saudi Arabia Aramco is a beast

Shma2022:
We're in a new regime. Why are you posting Uhuru when we have a fresh visionary president?

Shma2022:
86% =! 70%!!?

I mean, how is 86% equivalent to 70%?

Shma2022:
Don't act stupid. Who is talking about per capita?

You're the same mor0n who always shift goalposts when cornered.

Shma2022:
Your logic was to be based on HDI. But after realizing both Ghana and Kenya are ahead of your zoo, You're indirectly withdrawing.

Any indices that puts ghana ahead of kenya, then know your zoo is also trailing.

Shma2022:
More of your Ghana.

Ghana's debt to Gross Domestic Product (GDP), according to Bloomberg, is estimated at 84.6 per cent by the end of this year. This indicates that the nation's debt will have surpass ¢400 billion by far before the end of 2022.

Just40:
Ghana has been to the IMF 16 time and only take 2,549 million over the last 60 years.
Obviously Ghana does not go there for the money but the stability it creates in it market and politics.

Kenya has been there 22 times, do you care to post how much your country has taken?

Your country took 2.3 billion last year for budget support and will be taking 3.6 billion this year to pay china

IGpro1:
Look what I found in Sufferinandsmillin thread.
This is gross.


Just look at what this guy is all about..
Does he seem half as exposed or learned as a villager.
This is the brain of someone who claims to have been to almost all European countries, America and Asia, has.

Is the guy not mentally unstable.
rvp2018
Shma, see who supplies you info about Nigeria.

mach7:
Hmmn.

I need we need to start telling ourselves the truth.

We can no longer continue to be an oil economy. Asides from the wanton degradation of the natural habitat of the Niger Delta, it has also led to the emergence of so called "oil barons" who have used ill gotten wealth from illegal oil bunkering to foster and forment trouble within Nigeria.

Actually, there has been a lot of improvement by the government especially the current one to improve other sectors of the economy such as Agriculture, Services and Digital economy. So as the moment, more efforts need to be geared towards reducing the oil component of GDP from its current ~10% to less than 5%.

That way we will become more resilient, wean ourselves off the "resource curse" and broaden our economic base which will lead to economic development.

We shouldn't also forget taxation. We need to increase our tax base and also tax ourselves more. For our society to develop, we need to earn more revenue for budgetary spending. To earn more revenue, we need to bear the pain of increased taxation.

Better soup, nah money kill am o!

It is well.

jl115:
@samorobo.... You see today we have loadshedding... Now you can say something about generators

Abdu81:
Yes obi was there, that is why Nigerians are now saying that GEJ tenure was a paradise compared to this evil that tinubu brought on us.

The cost of 20 cups of rice now.
Was the cost of one full bag of rice in 2014.
Under Jonathan and obi.

The people are suffering hell, why wouldn't there be crime and terror in the land.

We are today 2nd most terrorised country in the world, and a bokoharam shettima is contesting for president through tinubu.
And people are listening to them.
What a shame.

And the same founder of this evil is saying EMILOKAN.

Baller254:
You guys are full of sh+t, which serious outage? jus 1 hour in one local area? revealing what?

This is not countrywide blackouts that last days like nigeria, this is localized scheduled maintenance what is giving you cope
Coping mechanisms from generator capital '' see not ony nigeria dem na have power issues ooo"

How many times has your entire national grid collapsed this past year? blackouts nationwide lasting days? Now that's serious.

The guy in the vid said he had only one hour black outs in one area in Mombasa, says he never experienced a single blackout in Nairobi
depending on location some don't ever have shutdowns because of live line maintenance, kenya power company has weekly maintenance and repair schedules in different parts of the country posted on social media

samorobo:
Wow so Kenya is also experiencing serious power outage lol this is so funny. The pressure is getting wesser just skip this video to 6:00 .


https://www.youtube.com/watch?v=JHK4SIq3LyU

MyVILLAGEpeople:
Look at that picture very well. Tinubu looks way older than Remi in the picture. At least Tinubu should be 20 years older because Remi looked so young there. Today Remi is in her 60s and Tinubu is saying he’s 70. Issoryte.

jl115:
My bru Eskom gives updates on load shedding everyday, its on their website, there is no load shedding currently.

If you don't want to be ret@rded then go look on Eskom's website and not youtube videos wrt load shedding.