₦airaland Forum

rvp20182:
They are heading to 200 - if CEDIS drop to 18 by year end - a real possibility - from 6 at start of the year.

I like the way you like to project the fear of Kenyans on us but our inflation is 40% and the retail prices here are still far lower than in Kenya.. Kenyans are the one who can't even afford food... By year end when Ruto start slapping you guys with various cost increments because of IMF, you'll cry more.

[quote author=keng2 post=118459520][/quote]what should I do with this?

POKUASI2:
guess what mr mumu man, the new minimum wage is less than 30 dollars a month..
The people are dying of starvation cos the toilet paper you call currency can not even buy food anymore.

This have no bearing on living wages which is what the market pays..

6 - 10 dollars is the living wage in Ghana... Cleaners, house helps gardeners, labourers all get that.

POKUASI2:
You sound more stupid trying to defend what everybody knows.
The level one patriotism–laced , baby propaganda is not pulling anymore.
I do know you can do better than this, Mr. Engineer"!!

Another rant from a stupid Laur exposed ....

It not patriotism ... If it existed, I'll tell you but it doesn't.
Look at those pictures that the wave is constantly crashing on, ever 5 seconds if even a dog can sit on it.

For you, you only passed there but I've lived there before spent 3 years in Takoradi because that's my home city.

Now go and lie of something else

POKUASI2:
is this guy a human or some robot � that found its way to nairaland?
How do you deny peoples' real life experiences–hiding under a stone?
Truth is, nobody takes you seriously with a brain like that.. after all, you're gonna use the token than will offered to purchase a few items worth less that 400 cedis and post on nairaland to prove you're rich.

rants of a liar that have been exposed

POKUASI2:
mumu who takes delight in lying on the internet even he's hiding under his mama bed typing BS cos he's so scared to face the real world.
I've actually used this road from shama junction to Takoradi mall.

so you told a lie just to have something to say

Solitude in the city

obaaderemi:
They're using nairaland and reverse psychology based argument with west Africans as coping mechanisms.
They're very hungry in that shithole and Ruto is about to make it seriously worse with his romance with imf.

They've not seen anything yet... Already people are salvaging through dump site for food in Nairobi

obaaderemi:
And one monkey is talking about Buhari making rice unaffordable in Nigeria.

when I said it, they were busy making noise here

I keep wondering how they survive there.

obaaderemi:
You are wasting your time with the effeminate pig. He has no idea except what R I P tells him.

The kid has no mind of his own... He can't even form sensible arguments

POKUASI2:
You're a big f.ool.
I said sekondi harbor area where you have stones used as sea defense wall.
That entire area is littered with human waste..

So you don't know that the Sekondi harbor you're referring to is a Naval base? I know there so we'll because I spent years in Takoradi...
My guy stop lying Sekondi and Takoradi people are a lot decent ... They're not like your country men please.

You'll not even find a dog poop on those rocks .... Even if by some magic, the Navy people do not catch you for try to take a shit there which is impossible, the waves that constantly crash on the rocks won't allow you.

vaxx:
it is obvious , let me give you a clue , Ghanaian student are the second largest number of outbound student in america from sub saharan africa . They are paying heavily in dollars. Most of this student guardian are in informal sectors

he has no idea

Mkenya2019:
Generally speaking protection of infant industries should be time limited; otherwise Nigeria blanket timeless protection of infant industries aka import substitution is failed policy that breeds poverty.

Now imagine with Nigeria being part of say Ecowas and soon AFCTA - how will they protect their rice farmers from cheaper African rice?Perhaps they can ask for exemption - but for few years - so already this is not sustainable - unless you engage in Buhari type blockade of all trade.

And if you must protect local industry (only for x yrs as local industry build competitiveness) - it surely has to be something complicated - not rice or maize - that you can raise productivity easily.

African rice from where?
Apart from Ghana and Nigeria that currently produce as much rice to meet their consumption.... Which other African country can meet their own consumption?

Try exporting soybeans to the US and see

Ghana will ban importation of rice from next year because we have met our consumption.

Mkenya2019:
Then allow competition because the loser is million of Nigeria consumers; and winner if any are few farmers;

I am yet to find a nation that allowed competition when it was growing it own industries, from other countries that highly subsides those same industries

Mkenya2019:
We produce them every year.

Yet there's none notable

Mkenya2019:
You give Ghana a bad name. I imagine Kwame, Koffi Anna and Rawling turning in their grave everytime they see you online. If this a reflection of Ghana educational outcomes - your country HAS FAILED.

the education of the group of Kenyans here makes me understand why there no notable Kenyan in all of history

Shma2022:
Which world bank? Care to screenshot the part?
10% is the lower middle income category; from the source you gave me . Do you actually believe that 3% live past the threshold of $10 per day in Kenya?

You must be dense!

You have the entire report so you can go and read it..

The world bank believes that only 3% live above the 10 dollars threshold so yes I believe....

I believe the tiny UN workers and diplomats in your country are the ones living above that threshold.

You must be stupid not to believe a well research report.

Shma2022:
Read it again then go and look yourself in the mirror. Forget the horror face you're seeing... Focus on a deeper picture; start meditating.

go argue with World Bank... They're the ones who told the world that your middle class is just 13% of your population....

When you get to 50%, you can come and compare with Ghana

Shma2022:
I deleted nothing. You said our middle income class is 86% - which I agree - for the sake of reputation. But in reality, our middle income class is 44.9% making it 23M... That was in 2019.

You have something in your head .. go and check it out but at least your eyes too shouldn't fail you

The world bank report says your middle class is only 13%

Those are the facts ... Go argue with them until living conditions of Kenyans improve a lot to get your middle class to 50% like Ghana

[s]

Shma2022:
Why should I accept something that is not existing? Clutching at straws is truly a coping mechanism.
Don't allow obuffoon to pump your ego... You did nothing but took notes on new vocabulary I told you. I know you google the term immediately when I dropped it, went to find new meaning then come masquerading and twisting words to sound intellectually sober--- NO! your dwarfism on the cerebral matter remains static.

[/s]

Classic noise I won't waste my time to read

obaaderemi:
Even Ray Charles and Stevie wonder can not miss his blunders, the stupid fvcked up illiterate.

Thank you for teaching him for free.

Shma.. for a blind man to not miss your blunders, you have to be spectacularly dumb

obaaderemi:
He finally takes his humble pie after misleading the gallipig, the stupidd kid.

As for that gallipig , he's like none other

I don't even know how to describe his idiocy

Shma2022:
86% of middle income class comminity is ideal. Ghana has 46%. Both lower and upper middle income.
Number of those living below $5.5 per day in the same class are more than those living above it.

Ghana needs to be disbanded.

keep deleting my post you reply to in your desperate attempt

The WB say the Kenya middle class is on 13% .... Go argue with them and not me..

Only 13% of Kenyans live in the 5.5 dollars class... Argue with WB and your poor country

Shma2022:
You have learned, not me. Word waster.

as usual... The kid won't accept his flaws in thinking

I didn't expect any different and receiving an education...

Everyone on the platform is just reading and laughing at you

Mkenya2019:
You've started lying mad cow.
VRA is a loss making entity - 9 yrs in a row.
It revenues was 700M dollar last year.
It made profit of 1 million dollar - the 1st in 9yrs.
It generates only 2,500MW - ----------------just mere 500MW higher than Kengen.
It has not borrowed 13 billion.
Of 2500MW - 1000MW was generated by Kwame in 1960s - before he went bankrupt.
Now apart from Bui dam - the rest are small things that should not bankrupt you.
They are in fact thermal power plant -

Kengen is building power gen every year without forcing us to incur anything.
It has clean balance sheet and can stand on it's own.

This VRA is chicken coup that should not bankrupt anyone.

The last decade the only major thing they did is mere 250Mw thermal gas. Kenya Humprey built similar plant in Mozambique from his own money.

VRA Installed Generation Capacity

Plant Installed Capacity (MW) Type of Plant Fuel Type Year Installed
Akosombo GS 1,020 Hydro Water 1965
Kpong GS 160 Hydro Water 1982
TAPCO ( T1) 330 Thermal Gas/LCO 1997
TICO (T2) 340 Thermal Gas/LCO 2001
Tema Thermal 1 Plant (TT1PP) 110 Thermal Gas/LCO 2009
Tema Thermal 2 Plant (TT2PP) 80 Thermal Gas 2010
Kpone Thermal Power Station (KTPS) 220 Thermal Gas/Diesel 2016
Ameri Power Plant 250 Thermal Gas 2016
Navrongo Solar Plant 2.5 Renewable Solar 2013
Lawra Solar Plant 6.5 Renewable Solar 2020
Kaleo Solar Plant 13 Renewable Solar 2021
TOTAL CAPACITY 2,532

running away from the conversation as usual.....

When kengen can even borrow 100 million dollars, let's talk.

We don't compare watermelons to limes

Even kengen can't be compared to BUI power authority alone with a revenue flow of 106 million dollars because Bui power authority is more valuable than kengen.

Shma2022:
I agree 100%. So what is the point here?

Read, then type. Don't type then read.
If glaucoma is doing you, make google mic do you justice.

finally the kid has learnt a thing today.




Next time don't say nonsense again.... If you don't know, don't rush to comment and defend the nonsense.

obaaderemi:
They are damaged goods. The gallipig and the shem.ale.

He is confusing buttocks with muscles inside the buttocks. Gosh! And he is using the word descent instead of decent. I ask you again: how do you cope with such brainless, poorly educated, rabid mongrels?

His own picture finished him. The same way he said Ghana's living standard is 64.

I should probably be a teacher .... I have too much Patience to educate dense people.

You even have to list a few of the nonsense he has said here?

Shma2022:
I can clearly see that obuffoon is your controller... His psychological instinct has transfigured your brain nuts to defense mode(defending him). I told you this earlier, you and kazikazi can be easily manipulated by low IQ mor0ns on this platform, hence making me question your cerebral power.

Back to the point: The gluteus maximus is the real "buttocks" -- buttocks in an actual sense are fats around the gluteus maximus. I was giving your dense pedagogic some real punch lines to use - on the so sector. Like I can direct my friend gallivant to call you a pigmy instead of a hobbit! Yes, they relate -- but those two are entirely different things.

Fight your own war.

noise of an ignoramus

Go and say that anywhere and watch a kindergarten kid laugh at you.

Do you know how much muscle fatigue you'll have if you're sitting on your gluteus maximus directly?

Crazy uneducated kid

rvp2018:
Gov job is not do business.
That is just communist hangover that kwame Nkrumah infected you.
Ghana gov job is to build roads and such...pay Ghana teachers better than crap you pay...pay police better.
Why are you investing in VRA directly - why cant they not borrow on the strength of their assets.
Kengen in kenya - borrow to build dams - and kenya treasury doesnt care - unless the creditor ask for a treasury gurantee.
Even SGR is really loan by Kenya Railways - but of course that one has public gurantee.
Kenya Railways should be able to borrow using their assets - they own huge prime lands for example.
SOES unless debt is publicly guaranteed we are not obligated to save an SOE that goes down.
We leave it to creditors to sell it.

who says to invest in companies you own
VRA is capable of borrowing 2,3 to7 billion dollars on the strength of it asset but not 13 billion dollars at the time it was immediately needed.

We are investing in VRA directly because VRA is a huge company that bring 6 billion dollars in revenue and it will be foolish to not invest in it but rather go invest in some public or private company in London of Switzerland that brings in very little on the investment.

Kengen borrowing 20 million and 30 million dollars is not the same as VRA borrowing 4 billion dollars.
Watermelon and limes are not the same in size

Expect Kenya railways is valueless because it can't even break even so every year it pile on more debt for your govt.

rvp2018:
I gave one example.
Kenya gov has definitely borrowed more than poor Ghana. We borrowed 35Billion externally - 45B internally - so when it come scale you're not there.
And we dont factor borrowing from SOES - because SOES do their own thing - they borrow from kenya banks, foreign banks, or do right issues or sell their own bonds.

Unless kenya gov gurantees that debt.

Now for you - Ghana borrows - Worl bank gurantees- then you claim the money is for SOES?

The image I am getting is a primitive economy that you have in Ghana

Naa Ghana does not borrow uselessly like that.

You must have something to show for that huge borrowing and not just a loss making SGR..

Well according to the WB, you have to factor in SOE borrowings because your government becomes liable when they default.
This is the reason why you're at the IMF because your SOE debts brings your total debt to 105 billion dollars.

Ghana 54 billion dollars debt include all 101 SOE debts and the greatest holders of the debt are GNPC, Ghana Gas, Explorco, VRA and etc... All of which are companies flush with cash and are capable of paying the debt. None has defaulted on their obligations.

Various development that relief Ghana with 3 billion dollars hard cash yearly to be spent in other areas instead of outside the economy.

Shma2022:
You're just yapping on things you know nothing about. Next time, tell that buffoon tonuse descent lethal punchlines insted of embarrassing himself with "buttocks"

^{gluteus
/ˈɡluːtɪəs/
Learn to pronounce
noun
noun: gluteus maximus
any of three muscles in each buttock which move the thigh, the largest of which is the gluteus maximus.}

I guess this is a repetition by mistake

Shma2022:
You're just yapping on things you know nothing about. Next time, tell that buffoon to use descent lethal punchlines insted of embarrassing himself with stone age insults like "buttocks"

gluteus
/ˈɡluːtɪəs/
Learn to pronounce
noun
noun: gluteus maximus
any of three muscles in each buttock which move the thigh, the largest of which is the gluteus maximus.





You too should learn.

You're still reading this and thinking the buttocks is the same as the gluteus maximus and gluteus minor?
Can't you see the clear distinction between the muscles they mentioned and the buttocks ?

Wow you're really dense, your teacher might have suffered