₦airaland Forum

tylann:
You are shifting goal posts now
Typical Nigerian behaviour

How?

tylann:
Your inosoon does the same thing it is just an assembly plant

Source?

Innoson never lied to anybody, it's clearly stated 30% imports to produce it's products. So it's manufacturing not assembling.

Unlike Ghana where that scammer lied to them and they fell for it.

NairobiWalker:
I am saying, two countries that doing similarly in terms of listed companies, the country with higher population will have more companies. I am also saying, for a Nigerian to boast to a Kenyan for having more listed companies without considering more by how much is stupid. If there was a company for every 2000 Nigerians and a company for every 1000 Kenyans, Nigeria will still have more companies though statistically, Kenya will be doing better. Understood?

Then explain to me how India has more listed companies than US and US has more than China.

And no there is nothing like listed companies per capita. What is considered in a stock exchange is market capitalization and again no there is nothing like market capitalization per capita but market capitalization in ratio to GDP.

Comprende?

NairobiWalker:
Of cause we should. Stop being stupid. It's like a Kenyan boasting to a Burundian on the absolute numbers of registered companies. A Nigerian boasting about being the second with the highest number of registered companies in Africa is a joke. Anyone with little education should know that.

So you are saying the higher your population the more listed companies you should have?

NairobiWalker:
Nigeria being second is still a shame. You have twice the population of Africa's second most populous country. Please, repost the same picture and lets see how Kenya faired. I'm pretty sure we were there among the top and doing better than many countries that are more populous than us.

You are not saying we should measure list of companies per capita are you.

mtisTheQubit:
Again ibrah
"High quality chocolate is a luxury for most west african producers " Damn.

Did you read it? it said "tea" not "chocolate".

Teas made from residue of the actual tea is what's common in Kenya. So said the report.

mtisTheQubit:
now that i have read it an got issues with it I have the right to say that

That's cheating technically

NairobiWalker:
So you think interswitch and aiteo are bigger thabn KCB?

Dude, you are sick.

Dominant in what exactly?

You guys are funny. There is nothing unique about Nigeria dude. Just like other Africans, you have many foreigners in your economy. Most of your large supermarkets are foreign owned. Your oil is refined outside Nigeria. You don't have a National airline. Your largest telecomunication company is 100% foreign. Just accept, you only bring in the foreign ownership thing for the sake of winning an argument but honestly, it holds no water. The fact that you tried to favorably compare Tanzania to Kenya in terms of foreign owned companies tells it all. I am sure if this thread was about Tanzanians against Nigerians you would say the same thing about Tanzania.

Dominant in our economy, it's true. I posted a picture here that shows African countries with most listed local companies, Nigeria was second.

NairobiWalker:

https://www.wsj.com/articles/kenyan-tea-a-reliable-export-brews-a-market-at-home-1488796208

"High quality tea is a luxury for most Kenyans" Damn.

At least we import petrol, but "high quality petrol is available to all Nigerian"

NairobiWalker:
KCB is a big Company, one of the largest in East Africa. Talking down on it won't make it small.

Kenya Airways is 93% Kenyan owned so I also wonder what you're talking about.

In the same breath, please mention me the supposed big Nigerian companies found and owned by Nigerians that are known all over Africa.



Last time I checked, Jumia was owned by Germans. This is the hypocrisy I'm talking about. You guys are so petty.


What is Lipton? lol! Dude, no such thing exists on Kenyan shelfs. All the Tea that we consume here is processed in Kenya. FYI, we also don't produce cocoa yet all the Cocoa products we consume are processed in Kenya.

Did I say Kenyan airways is foreign owned? English can be tiring at times.

Dangote, interswitch, aiteo group, Glo

I included Jumia deliberately to show you that it's not like all our big brands are locally owned but Nigerians themselves are dominant.

Last paragraph, just Ya wait.

mtisTheQubit:
ya one of the top oil producers in the world but ya keep on importing oil .Wow talk about an old kettle calling a a new pot black.

Nope doesn't work like that. He first accused me so I have the right to say that not you.

NairobiWalker:
You are.


You have a Tanzanian spanner boy here who says very stupid stuff while you cheer him up. You of course will avoid angering him because he's kind of your ally. Otherwise, hypocrisy aside, Kenya owns more of its economy than Tanzania does. In fact Kenya is one of the top investors in Tanzania - the few Tanzanian known Brands are owned by Indians and Arabs. We don't like dwelling on it though. We just give them their credit and move on. The fact that you avoid saying that about Tanzania should help you see your hypocrisy rather than make you sound fair.

About Ghana, you've said a million times here that YOU Nigerians own Ghana so I don't even understand what you're talking about.

Kenya Airways is one of them. Why are you scared of mentioning your airline. KCB is another.

Which is your most popular brand anyway? You can barely maintain an airline. You don't even refine your own petroleum when you're among the word's top producers.

Why should I be scared of mentioning something that doesn't exist.

Kenyan airways, Safaricom, cellulant are one of your most popular brand, who knows kcb outside Kenya anyway.

Our most popular brand known outside Nigeria is Glo, verve, dangote, Jumia (I am not even going to mention banks with branches in UK and China)

You are also among the world top producers of tea but still import Lipton. Wow talk about and old kettle calling a a new pot black.

Just30:
continue following
bloggers and their sensationalism

Sure.

Katanka is nothing more than an assembly plant. Assembles CKD vehicles. Fact. That man is a scam. Fact.

NairobiWalker:
Why are you so scared of talking about airlines.

Nigerians have a habit of invalidating other African's achievements on the basis that they were somehow aided by foreigners. I am just helping you see how you aren't any different.

I am not scared of talking about Airlines.

Stop making it seems like its Nigeria Vs Africa, we've never accused Tanzanians or Ghanaians of same, I wonder why.

Mention the most popular indigenous brand in Kenya, how many of them was founded or owned wholly by a Kenyan?

Then check the most popular Nigerian brand and tell me how many of them is owned or was founded by a foreigner.

NairobiWalker:
The last time your airline operated, it was also owned by a Brit.

And I don't know where you get that from, coz I am seeing it was owned 100% by the Nigerian government but managed by British airways and South African airways.

NairobiWalker:
The last time your airline operated, it was also owned by a Brit.

Remind me what we are talking about again.

Just30:
Kwadwo Safo Jnr, CEO of Kantanka Automobile, showed off his ‘Kantanka Mensah’ at Starr FM’s maiden program ‘Time with the CEO’ last month and revealed that the company has so far received over 13,000 orders from three different African countries in West Africa. Read more: https://yen.com.gh/119895-kantanka-13k-orders-secured-3-african-countries.html#119895

You mean this fraud? Joker
https://jalopnik.com/the-living-apostle-who-sold-the-media-on-the-myth-of-g-1784458558/amp

tylann:
Mobius

A Brit. SMH

tylann:
We produce bodies even Uganda produce bodies
Most African countries produce bodies
That is nothing in short

Mention them.

tylann:
And the engine is the heart of the vehicle
So unless you start producing engines there is nothing to be proud of

True. And unless you start producing the bodies stop arguing with those who do.

Jonraid:
So the Nigeria government is the one saying that the federal government budget was 86% implemented? It would be more better if an independent source would actually tell out this!

Yes it will be better if an independent source can verify but since there is no independent source, we work with what we have.

I am still waiting for Kenya's budget implementation report, either by your government or an independent source, I don't mind.

Jonraid:
I thought budgets are proposed,then the 'real budget' is read out for implementation? We have sometimes cut down our budget by some billion shillings because maybe the proposals were a bit overboard,we tend to be realistic with our sh*t! The final budget read out is no doubt fully implemented.We seldom have transparency issues!

Now I understand what you mean by real budget.

Nigeria have cut it's budget many times too Before it's pass by the National Assembly. So? It's not an achievement.

Transparency? Anybody can access the budget through the budget office. I know how much state house will be spending, I know what the army navy and airforce will buy, I know how much the president will spend on his travels e.t.c. I know everything about the budget. Just check their website. http://budgetoffice.gov.ng and download the PDF.

Now show me same courtesy and tell me where I can access your budget in detail the way ours is.

Jonraid:
Kenya can now best do a budget of less than 35B (REAL ACTUAL BUDGET)

It would be foolish of us to project a 70b budget for 2019. It's unrealistic! Come up with realistic budgets otherwise you'll only be lying to yourselves that the budget is higher whilst it is not!

There is nothing like "real actual budget" Budget is proposed, based on predictions. It's not real.

There is deficit sure but like I said earlier it's lower than Kenya's.

Anyway show me your budget implementation

2017 86%
https://www.vanguardngr.com/2018/10/2017-budget-achieved-86-performance-udoma/amp/

2018 67%
https://www.businessamlive.com/underperforming-revenue-sources-may-undermine-nigerias-budget-implementation/amp/

These are Nigeria's figures, show me that of Kenya. This is what we should have done since instead of comparing budgets. How many percent of the budget was implemented?

Jonraid:
It's a boost if they really need it to actualize their budgets.Seems states are upping their budget proposals so as to draw additional funding from the FG!Where will the money come from? Someone asked! The FG itself has a deficit and States wants funds from it!

It does not matter if states increase their budget 500% it does not increase their allocation from FG, so your point saying states are increasing budgets to get more allocation is moot.

Jonraid:
It's interesting learning that the IGR itself can't fund the states budget. Actually,the FG often comes in to give this states a boost.The states are in a competition to present higher budget proposals which are grossly unrealistic!


''Speaking at the conference of the Chartered Institute of Taxation of Nigeria (CITN) on Wednesday, Vice-President Yemi Osinbajo said most states cannot survive without federal allocation.''


“The budget of all states completely outstrips their projected total revenues. The gap between projected total revenue and budgets is small in some states such as Kano, Enugu, Delta and Bayelsa. In these states, projected revenue is at least 60% of the budgets,” the NEITI report read.

“However, in 18 states, projected revenue is less than 40% of budgets (Adamawa, Akwa Ibom, Anambra, Bauchi, Benue, Borno, Cross River, Ebonyi, Imo, Katsina, Kebbi, Kwara, Ogun, Osun, Oyo, Plateau, Sokoto and Zamfara).''


https://www.thecable.ng/neiti-states-revenue-inadequate-fund-2018-budget


It seems that even the 40 billion USD I was giving you was so much.On the ground,things are different,deep down you know this! Ibrahimanis

FG does not give states "boost" as you say. The money given to states is their own money from natural resources which is under the control of federal Government.

Yes I know this which is why the picture I posted clearly stated IGR along Federal allocation.

Jonraid:
It's higher but we still cover it? It has reduced though this year which is good news.

Your total budget is nothing more than 15 trillion Naira(the proposed 2019 budget) which is actually a big shame considering your high GDP and population. You can prove me wrong,I'm always on the ready to learn!

Yeah yeah yeah.
From its a shame that Nigeria's budget is about same size as Kenya's to it is a shame that Nigeria's budget is about 15 trillion (about 40billion plus).

As at now the total 2019 budget is 15.737trillion naira (FG + 33 states apart from local governments. Remaining three states to submit their budget to their respective state assembly.

sufferNsmiling:
my friend you are a stark illiterate watch the videos most of the nigerian soldiers do not wear uniform. Just look at the ones running away from boko haram look at the ones complaining where are their uniforms. Most nigerian soldiers do not wear uniforms in the war torn areas so that boko haram cannot sportier they are nigerian soldiers easily so the worst civilian clothes so there is easier to run away when a attack takes place all the need to do is throw away their weapons and claim they are civilians.

I am not your f*cking friend.

If I am an illiterate, what should we call you going by your English?

Like I said earlier do what you want.

F*ck of Kenyan gutter trash.

Jonraid:
*proposed

Your proposals are always higher than what you actually put on the ground!

yeah genius *proposed*
What is a budget before if not proposed?

If deficit is what you are talking about then look yourself in the mirror before calling someone ugly.

Kenya's deficit is higher than Nigeria's.

sufferNsmiling:
Please look at the snapshot again

and like I said earlier, I know Nigerian camo when I see one. Do what you want.

sufferNsmiling:
See what boko haram is doing to your military slaughtering them

Will you stop spreading fake news?
Apart from the burial picture, the first picture is not even Nigerian camo. c*nt,
the other picture clearly said "allege". retard.

And if you have an iota of decency you will remove these pictures immediately. F*cking bastard

darfay:
I like how you look stupid even without trying
The budget you posted is only for federal government(states and local government would have everything in its budget from education to health etc)
Who told we can't generate a revenue of #7trillion about $20b
Firs the body in charge of federal taxes generated #5.3 last year which is projected to increase #8trillion this year which almost this size of this years budget.

https://www.premiumtimesng.com/news/headlines/304675-firs-generates-n5-3-trillion-in-2018-highest-in-nigerias-history-official.html
Note Nigeria generated federal taxes of 5.2trillion in 2012(which was about $33.3billion)

Customs generated #1.3 trillion which is expected to increase to #1.5 this year(revenue from customs and taxes alone surpasses the budget estimates)

https://leadership.ng/2018/11/20/customs-to-surpass-n1-3trn-revenue-target/


Operating surplus of government agencies
https://leadership.ng/2018/11/20/customs-to-surpass-n1-3trn-revenue-target/

On a realistic projected income from oil
$50 a barrel @ 2million a day for 365days
=$36.5billion
13% derivation for Niger delta =$4.745billion
56%(31.755)=$17.78 for federal government

The above mentioned are more than enough for the federal government to run a surplus this year

Let am go. I don tire for their matter I swear.

Total States' budget is almost the same size as Federal budget 2018

Then the local government's, let's say 500m naira each that's 500m x 774 = 3 trillion+ in naira.

But I can't come and go and kill myself

They can say what they want.

abbeg:
I know.That's why I specified they were prototypes before.Soon we'll manufacture them in numbers if all turns out well.

I hope it turns out well then

Do you also know that NAF is currently developing a Light multirole aircraft in collaboration with USA's Comp Aviation? It's called NAFSA Eagle. The frame was shown publicly when the UAV was commissioned. Sadly I couldn't find the picture again.