₦airaland Forum

Obakillah:
You will tow the line.

Dream on

The worse is already behind us 😂🤣

https://www.youtube.com/watch?v=M5QUw1GlkEs

Obakillah:
Ghana defaulted already. Misery needs company...

https://pbs.twimg.com/media/Ft6pIL6XoAALMP9.jpg

You can thank me for the education later. Gallivant
Ghana will not join Kenya in it 5 or 6 defaults

This is just a credit rating.. it has very little to do with whether you've defaulted or not.

rvp20182:
How kenya nearly became Ghana-> Uhuru had built himself a bar and was drinking & chain smoking weed.

Being Ghana will be a good thing for Kenya.. unfortunately you guys slipped into the rabbit hole of Sri Lanka and became bankrupt

Africa's Most Prosperous Countries

1. Mauritius 🇲🇺

2. Seychelles 🇸🇨

3. South Africa 🇿🇦

4. Cape Verde 🇨🇻

5. Botswana 🇧🇼

6. São Tomé and Príncipe 🇸🇹

7. Namibia 🇳🇦

8. Morocco 🇲🇦

9. Ghana 🇬🇭

10. Tunisia 🇹🇳

Source: 2023 The Legatum Prosperity Index.

GeneralDae:
Nigeria produced in 2022:

59.4 million tons of cassava (the largest producer in the world). Nigeria accounts for cassava production of up to 20 per cent of the world, about 34 per cent of Africa’s and about 46 per cent of West Africa’s;[3]

47.5 million tons of yam (largest producer in the world);[27]

3.3 million tons of taro (largest producer in the world);[28]

2.6 million tons of cowpea (largest producer in the world);[29]

6.8 million tons of sorghum (largest producer in the world);[30][31]

2 million tons of okra (2nd largest producer in the world, second only to India);[32]

2.8 million tons of peanut (3rd largest producer in the world, second only to China and India);

4 million tons of sweet potato (3rd largest producer in the world, second only to China and Malawi);

369 thousand tons of ginger (3rd largest producer in the world, losing only to India and China);

2.2 million tons of millet (4th largest producer in the world, second only to India, Niger and Sudan);

7.8 million tons of palm oil (4th largest producer in the world, second only to Indonesia, Malaysia and Thailand);

572 thousand tons of sesame seed (4th largest producer in the world, losing only to Sudan, Myanmar and India);

332 thousand tons of cocoa (4th largest producer in the world, second only to Ivory Coast, Ghana and Indonesia);

3 million tons of plantain (5th largest producer in the world);

833 thousand tons of papaya (6th largest producer in the world);

1.6 million tons of pineapple (7th largest producer in the world);

3.9 million tons of tomato (11th largest producer in the world);

6.8 million tons of rice (one of the largest producers of rice in Africa,[3] 14th largest producer in the world);

10.1 million tons of maize (14th largest producer in the world);

7.5 million tons of vegetable;

1.4 million tons of sugarcane;

1.3 million tonnes of potato;

949 thousand tons of mango (including mangosteen and guava);

938 thousand tons of onion;

758 thousand tons of soy;

747 thousand tons of green pepper;

585 thousand tons of egusi;

263 thousand tons of sheanut.

In addition to smaller productions of other agricultural products.[33]

Nigeria produced about 2.2 million metric tons of fish in 2008.[3] Livestock production is an essential component of Nigeria's agriculture with abundant social and economic potential. About 60 per cent of the ruminant livestock population is found in the country’s semi-arid zone and is mostly managed by pastoralists. Domestic production of livestock products is far below the national demand, resulting in large imports of livestock and livestock products. The domestic production of animal products is less than half the demand for beef, mutton, and goat meat, while for milk and pork products it is less than a quarter the demand.[3]

I like this

Every country with huge lands should be able to achieve similar numbers

rvp20182:
who did the valuation. I see large houses in middle of usual Accra low class neighbours...who will pay 3 million for it

a low class neighborhood that will pass for a highest class neighborhood in Kenya.
Who else values a property for sale

Kazikazi:
Ghana is ahead.
You have generated more money from tourism than Tanzania which got 1.5 tourist and made 2.45b.

Tanzania with all her attractions must come to learn from big man Ghana

There's not much Tz can learn from Ghana
You're doing everything right except for programs that can encourage tourist to want to spend more.. ie food, music and entertainment

2023 is already pressing towards 3.5 billion

rvp20182:
We don't use our land to grow useless cereals when Tanzania and Uganda can do that..plus Russia and Ukraine. Its just that fools are fighting each other to stone age instead of growing cereals while drinking vodka.Now we have to think about growing wheat,rice,beans, maize..useless crops. I had rather we focus on high value crops and livestock

These crops are more useful than the useless tea you grow...

You end up spending 3times the money you get from tea to import them to feed your hungry country... Money your country doesn't have

rvp20182:
She Ghanaian now.

Let's see Ghana now

More prosperous and more developed than Kenya in everything.
With enough money to buy fuel, medicine, food and etc without shortages.


Kenya will think it is heaven, if it achieves half of that. 😂🤣

With some small 10 acres that are 2km apart, you're already making noise to SA

vaxx:
Ghana police new barrack.


New 504 housing units for the Ghana Police Service at Kwabenya, a suburb of Accra.


You have to leave in a comfortable environment to be able to discharged your duty awesomely.

This is meant to relocate the police and MTTD from the lands around the airport for the phase 2 of the airport city construction


https://www.youtube.com/watch?v=4U8lxWt8R1E

Construction is also officially staring on the Marine drive project


https://www.youtube.com/watch?v=3YxBllHs2lE

https://www.youtube.com/watch?v=H3BLPQ2mjQU

rvp20182:
mental illness

lunatic

Your misery won't get a company from Ghana.... Go pay Kenyan workers , buy food and drugs that are in short supply in Kenya.

There's a reason why debt restructuring is impossible for Kenya and you guys are now looking at debt forgiveness. (a broke man's therapy)

Ghana hasn't degraded to that level yet

gallivant:
Read here..

https://www.reuters.com/world/africa/ghana-announces-external-debt-payment-suspension-slipping-into-default-2022-12-19/

You need the reading more .... Suspending debt payment does not mean when payment is due on obligations you won't pay.

That's why payment were made on debt despite the suspension


Kenya loves company in it misery and won't get it from Ghana. You will keep defaulting alone

gallivant:
Ghana defaulted already. Misery needs company...

https://pbs.twimg.com/media/Ft6pIL6XoAALMP9.jpg

sleep

You don't have a brain for this convo.

If Ghana defaulted, it will be all over the news but it hasn't yet.
Learn what a ratings is🤣😂


All it creditors have been paid

Mkenya2019:
Ruto administration is introducing reforms that will pay off...he has refused to print money like Nigeria or borrow to fund recurrent expenditure.He has also refused to take in high interest loans. We can print money n pay salaries any day as it just about 50b per month or less than 3 billion per year.Ruto has institute reforms including deep budget cut with intentions of returning kenya macroeconomic to solid state in 18 months. Now only 12 months to go.Ghana biggest problem remains macroeconomic mismanagement despite being functional country compared to Nigeria. Kenya has to avoid Ghana and Zambia curse of circular default otherwise everything else is great.As for Nigeria army...forget stupid ranking..focus on their ability to deal with boko haram,jihadist and cattle rustling.

Usual Rvp nonsense

No wonder things have turn out worse for Kenya... Reckless borrowing has brought Kenya to the Sri Lanka path.
Default, food and drug shortages as well as dollar and fuel shortages

rvp20182:
Of course - Ruto administration is keen to fix macro-economics and we will have fully stable macro-economics in 12 months.

There will be occasional pain - for example we already cut 3billion dollars from current budget - we are also increasing revenue collections - and by next year budget - we will have balanced budget (first time since 2006 or 2010).

We have option to go Ghana or Zambia way - become irresponsible, default , invite IMF.

Or become Nigeria or Zimbwabwe - print money - cause inflation - increase poverty - and become a Zoo.

Or having been irresponsible the last few years - we do what IMF would order us to do anyway - institute painful reforms.


Use 30 second to listen to this.

“The previous administration used to borrow money from banks owned by the same leaders to pay salaries,” DP Gachagua attributes gov’t’s cash crunch to shift from using loans to fund recurrent expenditure to relying on revenue collected. pic.twitter.com/MrwfXjzizG

— Citizen TV Kenya (@citizentvkenya) April 19, 2023

“The previous administration used to borrow money from banks owned by the same leaders to pay salaries,” DP Gachagua attributes gov’t’s cash crunch to shift from using loans to fund recurrent expenditure to relying on revenue collected.

Kenya has already gone the Zambia Sri Lanka way and defaulted.... Ghana avoided default and printed money

Kenya does not have an independent monetary policy he's cant afford that.

rvp20182:
https://www.standardmedia.co.ke/article/2001280343/kra-crushes-more-than-100-vehicles-photos

Since 1990s - nobody dares import an 8yr older car (it actually 7yrs) - leave that a car that doesn't pass stringent inspection. Again 3rd condition - you have 5 days to clear your car - if overstays you start paying 100 dollars per of port charges per day - within a month or two - your worthless car is crushed.

That picture is KRA office in Athi river - such cars are crushed - and you pay for the crushing. Tanzania and Uganda like Ghana and Nigeria recently tried to implement something similar - but you're like 30yrs late.

Another lie just just to try and compete with Ghana 😂🤣

gallivant:
The criminals are West Africans. Your country is full of them from importers to the buyers. A true banana republic. It's repulsive you are bragging about stolen goods without shame. Are you hushpuppi?

The criminals are East Africans because they buy use cars.🤣😂
That explains why Kenyans are getting arrested for drug trafficking in Ghana.

Same way the Europeans brag about buying stolen goods from Africa.

I'm sure you've not eaten yet hence your frustrations

gallivant:
Stolen property is stolen property. The West African criminal DNA must be strong in you to feel comfortable driving stolen property and bragging about it.

rant more.

You think when you go buying a car, it's written on it, this car is stolen er?

The criminals are in the US and they are US citizens

rvp20182:
Kenya banned used cars older than 8yrs in 1990s and imposes heavy duty of 100% on those cars still..how is that comparable to your small zoo..look for a video of kenya traffic...and compare to your roads with very old rickety cars..your country look stone age.. houses rusted..cars rusted..everywhere you look umbrellas and hawkers. The same with Nigeria

Fact is Kenya is still importing 10 years old plus cars and now thinking of banning those older than 10 years

That explains why new cars sales is so low and it also explains why too many rickety cars are on Kenya roads.

While rusty houses is Normal in Kenya, it's not normal here.. the shit that you guys live in in Kenya can only qualify to be storage units for farm products here.

Kenya is just a backward huge Zoo

rvp20182:
usual madness

As usual

Lunatic rants because the facts goes against him

rvp20182:
Duty doesn't mean banned. Used cars in Kenya attract cumulative duty of 100 percent

A punitive duty is an effective ban because it effectively makes new cars more affordable than used cars in Ghana.

gallivant:
Stolen is not bought.

You think the dealerships who sell them got them for free?
Have you seen any thief dash out freely something that he risked his life for?

😂🤣

rvp20182:
Take your meds Bloomberg.Its only in 2020 that you started doing 10yrs..even Uganda is ahead of you
https://www.bloomberg.com › articles
Ghana Bans Import of Cars Older than 10 Years to Draw Automakers

That's outdated
Myjoyonline 2022

Read the ban on Cars 1-5 years older

https://www.myjoyonline.com/car-dealers-bare-teeth-over-35-penalty-on-duty/


Kenya can do better to get rid of rusty old cars on it roads ... Even Ivory coast do not have those rusty things on their roads

rvp20182:
Ghana as of recently just got 10yr old from no age limit. Kenya has had 8yr age limit since 1990s.We have now disallowed used trucks.kenya about 10yrs from car manufacturing taking off.

Desperate as usual

Ghana only imports 5 years old and has ban second hand cars recently but hasn't implemented it yet

gallivant:
In Ghana and West Africa you drive stolen second hand cars from America.


https://www.youtube.com/watch?v=gshyozP-GY8

It doesn't matter, it is still bought 🤣😂

What matters is the old cars on kenyan roads

Kenya still importing 8 years old cars 😂🤣

No wonder their roads are filled with rickety cars

rvp20182:
Price, you pay investing in a wasteful irresponsible gov like Ghana and Zambia - both who hold Africa record in the number and propensity to default.

One must be ignorant to buy either Zambia or Ghana bonds. Ghana Cedis and Zim Kwacha had become so useless 1 dollar for 50,000 cedis they had to re-start from zero. 10yrs later they are 15 - that is 15 times depreciation. I can only imagine if KES was to drop 15times in 10yrs.

You're desperate... Ghana offers the best of returns on investment hence attracts good investment.
See the people who buy Ghana bonds, these guys are whales.

They will never invest in a country like Kenya with poor returns. Only fools putting money in places like Kenya and receive poor business

They will be happy to take a loss just like they get happy in making good returns

rvp20182:
46% on interest alone illiterate Ghanian fool. You still have to pay for principal.

Illiterate, that was in 2022 and Ghana paid without defaulting. Which was the worse of it

This year is has dropped to 35% on debt servicing

gallivant:
Argue with the media, am not the one who broke news of your economic suicide.

https://pbs.twimg.com/media/Ft6pIL6XoAALMP9.jpg

Again you have no understanding of what you post 🤣😂🤣

I'll give you 1000 cedis if you can find a loan that was defaulted on.

I learnt that's good money in Kenya

rvp20182:
The whole world except a Ghana mad-man knows Ghana defaulted. Seek clinical help.

😂🤣

Lunatic is desperate... A credit rating is different from an actual default...

Asked the people you want to quote to point you to the default.

I've already shown you Eurobond holders who were paid and the same goes to WB and IMF and AfDB..


Misery loves company indeed