₦airaland Forum

nwoke39:
Note oil only takes up 10% of Nigeria GDP, similar to manufacturing
but when you compare ppp, Kenya isn't close... Chances are Kenya and possibly Ghana will catch to Nigeria in nominal gdp per capita, but will take longer in ppp... and by that time Nigeria might hit 7% growth
For now let's see if Kenya and Ghana will catch up, and if they do will Nigeria over pass them

Is your GDP $40 billion? Since your manufacturing is a mere $4 billion yet you claim it constitutes 10% of your GDP.

theenchanter:
u're an embodiment of a dunce!! Have u ever seen a country that's just exiting recession with a positive GDP growth? Nigeria once shrinked below 20%, so -13.4% is growth.

You're a special case. Not worth my time.

GERALD710:
Growth of 0.8% is NOT what anyone calls "Recovery"
As for Manufacturing. Nigeria has a large Manufacturing base.
A large Substandard base that is. We have not all forgotten the reason why Nigeria's industries cannot compete with the likes of Rwanda undert the CFTA.
The fact that both Kenya and Nigeria are in AGOA and Nigeria is actually closer to the US, yet Kenya is the second largest exporter of textiles to the US after Lesotho has not been lost on us. Nigeria's one and only export under AGOA; Oil.
SMH.
I can point out Made in Kenya items, especially Agro-products abroad. One can also point out products mad by foreign firms but carry a Made in Kenya logo across the COMESA-EAC-SADC region.
No Kenyan has ever seen a Made in Nigeria manufactured product and if they ever came, they would never sell because all of your manufacturing scandals from plastic rice, to plastic bottles that leak benzene into the drinks that they hold, make it here. Your poor reputation perceeds you given Nigerians make headlines every week in Kenya these days.

When you see someone bragging over a growth rate of -13.4% you know you're dealing with a dimwit. I wonder, is it the negative that he doesn't understand? I wouldn't be surprised considering all the bs he's been spewing here.

theenchanter:
A Kenyan wanna teach a Nigerian economics.... . u're done for.

Perhaps, u mean manufacturing value added which does not even correlates with ur meaning, the guy said divided by total population. what are they dividing, bro

https://stat.unido.org/content/learning-center/what-is-manufacturing-value-added%253f

That's d meaning of MVA.

You're going into too much unnecessary BS bro. For someone who doesn't even understand what PPP is no matter how many links you post here your knowledge on economics remains questionable. Thing is, you guys have been bragging too much about manufacturing only to realize your manufacturing is worth a mere $4 billion a year which is pathetic especially for a country whose population is approaching 200 million. See - SA's manufacturing is worth $30 billion and there just a fraction of you guys in population yet they don't spend time boasting how they're manufacturing giants. You've embarrassed yourself bigtime.

theenchanter:
what d Bleep is manufacturing per capita?? u Kenyans are jokes.

Thank you for not continuing with your PPP bullshit. I see you've learnt now.

Manufacturing per capita is simply the value of manufacturing in a country divided by the total population.

BTW, please desist making those boastful manufacturing comments you've been making here. Your manufacturing is useless - just like Kenya's. Sit down and be humble. Real manufacturing giants are laughing at you now.

theenchanter:
it's easy to spot a die hard twit!! I can as well go there n check where Nigeria beats u hands down without any Ray of hope.

U only lead in d second n third cos Nigeria just exited recession n finding its feet, as u can see the GDP growth rate. U only beat Nigeria in internet speed hands down.

Atleast u can't tell me nonsense about manufacturing again, as u now learn something new, I'm grateful for that.

You Nigerians are a funny lot. Even when you're beaten hands down you still boast as if you won. lol. You just proved yourself your manufacturing is shit and not worth mentioning. At least we Kenyans never brag about manufacturing because we know we are not doing good there. Funny thing I always thought Nigeria was doing better than Kenya in manufacturing - you just opened my eyes. I now realize Kenya manufactures more per capita than Nigeria.

theenchanter:
I mentioned PPP cos u chipped in currency conversion. U're already a lost case since u conveted without PPP

I asked you to show me the value of Nigeria's manufacturing. You showed me the value in Naira and I used the current conversion rates to convert it into dollars. Interestingly you still mentioned PPP even before I converted. Makes me wonder, do you really understand what you're talking about or you just throwing around BS to respond to an argument? Do you even know what PPP is? Since when does one use PPP to convert one currency to another? Are you mad or just stupid?

theenchanter:
and u failed to check d value of PPP of both countries, I can't trust u to teach my unborn child.

BTW, thank you for giving me that link. It's really exposing you. It's really a summary of how Kenya is better than Nigeria in almost everything.

GDP Growth rate
Kenya = 1.3%
Nigeria = -13.4%

Unemployment rate
Kenya = 11%
Nigeria = 18.6%

Inflation rate
Kenya = 3.94%
Nigeria = 11%

Internet Speed
Kenya = 12160 KBps
Nigeria = 3854 KBps

theenchanter:
and u failed to check d value of PPP of both countries, I can't trust u to teach my unborn child.

Were we discussing PPP or manufacturing? Like I said before, you guys are experts at changing goals whenever you're cornered.

theenchanter:
https://tradingeconomics.com/nigeria/indicators

https://tradingeconomics.com/kenya/indicators

The first is Nigeria, the second is Kenya. U can check d manufacturing there n compare, don't forget to check PPP there too.

From your source......

Kenya's GDP from manufacturing = KES 104,146,000,000 = $1 billion - per capita = $22
Nigeria's GDP from manufacturing = ₦ 1,595,564,000,000 = $4 billion - per capita = $21

Really? Is that what you've been boasting over all through?

Remember since 2016 your economy has shrunk by 25% while Kenya's economy has grown by 25% meaning currently our manufacturing is definitely over $1 billion while you'rs is definitely below $4 billion. The more you argue the more you expose yourself.

If you recheck your source you'll also realize Kenyans earn more monthly than Nigerians. Perhaps if you read your source well you'd realize you hit yourself on the foot.

rvp2018:
You're taking their taking GDP at it highest(trusting them Nigeria to count anything) - if you use the real exchange rate - they have like 3 exchange rate - then those figures are still inflated by 30-40%.

Yap, using the real exchange rate their GDP is $270 billion making their GDP per capita $1459.

rvp2018:
I just knew there was no where their slum cities can look like a modern city - likes of Nairobi.

These guys are desperate villagers who only hear their delusional brothers from Lagos boast how Lagos is the greatest city in the world and they believe all the crap. Most of them don't even know what the real Lagos looks like.

nograv:
In addition to not producing any notable figures from your population (as your post shows)

You don't seem to understand economics either

Kenyan GDP per capita

1,455.36 USD (2016) Source WORLD BANK

Nigerian

2,177.99 USD (2016) Source WORLD BANK

So how on earth can you justify your statements about particular sets of workers being paid 3 times more in Kenya? Based on the crude measure of per capita numbers it is more likely that Nigerian professionals would earn more than their Kenyan equivalents. Heck Lagos alone is one of the largest economies in Africa..


Given I work in Banking and Finance, I assure you Kenya is a financial backwater. You have no presence in the major financial centres like London and New York. Nigerian Banks do...

As I said be quiet, rather than speak up and show yourself to be a fool!! I have nothing against you Kenyans but you aren't even in the same League.

I would allow Ghanaians question us, the Ashanti have much to say for themselves. Currently, you Kenyans do not!!

Why are you using figures of 2016 when we are in 2018? Don't you know Nigeria's GDP is decreasing while Kenya's is increasing at a high rate? In 2018,

Kenya GDP per capita - 1790
Nigeria GDP per capita - 1994

I've said here several times that your GDP per capita was almost 3 times ours in 2014 now they're almost equal. In the next two years we'll definitely be ahead of you.

A good percentage of your GDP is drawn from oil which ends up in foreign pockets of mining companies - reason why despite your slight advantage over us on GDP per capital, our civil servants earn more than your civil servants.

jaycent:
Stop posting Angola picture, Angola is not your country , i wanna see your Nairo garrage. This is Lagos and Abuja.

So you're asking him to stop posting photos of Angola yet you're posting a photo of Singapore and claiming it's Lagos? lol..............you guys are so desperate. At least he didn't lie. What kind of idiot would believe Lagos can look anything like that anyway. Seems we're arguing with villagers who've never stepped in Lagos here.
www.nairaland.com/attachments/7280724_lagos_jpeg43ed40f8110532170a238b9b87cf1722

nograv:
Interesting rich list, funny you left out Bhimji Depar Shah (Indian) who apparently is the richest man in Kenya.

Perhaps Atul Shah (Indian) or Awadh Saleh Sherman (Yemini) who also top out most of the your rich lists.

You Kenyans are funny

So you think you know more about these men than I do?

NigeriaIsDoomed:
Another consolation music with pictures from Angola.
My Kibera slum friend, If few skyscrapers is the benchmark for measuring a country's wealth or equates a country's true wealth then you squandered your parents' hard earned income.
This is the height of man's inhumanity to man

These clowns no go kill me with laff.laffin my ass out right
Please don't stop embarrassing yourself !

You're right. A few skyscrapers are not a benchmark for measuring wealth. Neither are a few billionaires. We use HDI, average earnings, life expectancy, access to education, health, electricity, quality of infrastructure, literacy levels etc which you guys still lag behind.

NigeriaIsDoomed:
In Nigeria, most of these folks listed as your top 50 would not even feature on the list of 500 richest families in Nigeria.
And for your information, some of our politicians are richer than some billions in the world hence we don't recognize them officially.
To shock you folks again, some of our politicians would single-handedly buy your country and still give you the balance.
Folks, please stop embarrassing yourselves.

I like the way you guys love changing topics whenever you're cornered. Someone said rich people in Kenya are mostly foreigners, I prove him wrong now it's about how rich people in Kenya would fare in Nigeria. lol.

theenchanter:
Nigeria has crap power supply but still beat u in manufacturing sector which is power intensive.

Nigeria n Kenya both have d same water distribution rate at 70%. most Nairobi residents use borehole water.

Nigerian literacy rate is lower than Kenya but d literates in Nigeria is more than double ur entire population.

Healthcare is worse in Kenya as Nigeria, keep fooling yourself once more, u have 1 doc for 1000patients and Nigeria has 1 doc for 1600patients. If Ur healthcare system was as good as u described, why would ur govt import Cuban docs this past week? Keep living in a fools paradise, pal.

If u had taken time to read the link carefully,u would have seen 'The data presented below is through 2018 Values presented in $USD' and not before Nigeria's recession.
who cares about naira vs shilling conversion rate when it's useless, economist use PPP.

Would you mind telling us the total value of Nigeria's manufacturing please?

nograv:
A simple fact will kill this thread, the Kenyan economy is owned by foreigners. You have literally no really successful native black African entrepreneurs...

Your rich lists are dominated by groups of foreign heritage.

You have no Dangotes or Folorunso Alakijas. Please note the richest Black man and woman on planet earth are Nigerians.

I was saddened by this when my wife told me her experiences in East Africa and how Indians often mistreat you guys in your own nation.. Yet you have the gall to come to Nairaland and talk..

Secondly Nigerians are the only groups bar Indians and Chinese to have a very successful diaspora. We have succeeded in both the UK and America. Outpacing the native white average academically in both nations!!! Can Kenyans say the same.

We are over represented in music and film globally. How many mainstream Hollywood Black actors are Nigeria from Boyega to Chiwetel Ejiofor are Nigerians. Kenyans should be quiet. To music like Afrobeats, to older musicians like Sade and Seal. Hell we even dominate Indie music with the lead singer of a massive band Bloc Party being Nigerian..

What cultural mark have Kenyans left on the world? We have Nobel Laureates.. Heck bar the Massai, you guys don't even have a native national attire. We have the beautiful flowing Agbada in both the north and south..

Kenyans don't come to this thread again or I will give you another lashing. Mumu people you aren't ready to compare yourself to Naija..

Are you speaking your wishes or things you understand? Here is a list of richest people in Kenya. Tell me how many of those are of foreign heritage.

http://theafricanewspost.info/top-50-richest-families-in-kenya-list/

TayserMahiri:
ur arch nemesis has become too desperado

GERALD710:
Last I checked this year Kenya has an even bigger budget than Nigeria

I tell you most of these guys live in an ignorance bliss. That's why they see themselves as giants when they're crap.

TayserMahiri:
He'll tell you they beat them in a friendly

Hahaha! trust you he will. He is useless like that.

TayserMahiri:
Obaboon chatter.

Hes the same guy as Obaboon. Ever desperate

Danielnino00:
I knew you folks would b having a field day here cus of our lost yesterday .
But relax,it's football.. you win some, you lost some... its not over yet... even if we crash out eventually at least we were there....if you don't understand the pride in qualifying for the world biggest sport event,maybe you should ask the Icelanders, Peruvians and Panamanians


@ your last statement, its false... Kenya is only good at sports where there are little participating countries .
. You tell me how many countries of the world have a professional ruby team...You claim to be good at rugby but you have never qualified for the rugby world cup ivory coast that don't seem to care about the sport have actually qualified for it, but the great Kenya hasn't .. it's just rubgy sevens for you.. Cricket and rugby itself has a poor fellowship worldwide (thanks to India for cricket ) ...

And I'll say it again,football is a global sport.

no single country dominates it... and the rest of the world know how good we are at it ,and trust me,the opinion of Kenyans doesn't matter at all

I see you've woken up from the heart attack now. Didn't I tell you not to put too much hope in these super chickens? Wait till Argentina clobbers you 5-0. This time watch it in a hospital room. Free advice.

TayserMahiri:
I don even think Egypt have a chance. They will join the just massacred Eagles on the return journey. Senegal is the only team with a good chance. The level of football in Nigeria is just poo. Typical kick and chase ball, no brains involved. These guys work so hard to qualify for the world cup like its a do or die thing then find themselves in the hands of true ruthless footballers who dont have time for their lazy brainless game.

Yeah, Kenya if we are good in a sport, we are excellent.

The good thing about Kenya is, we accept when we are not good enough. We all agree Kenya has some good football talent but due to KFF mismanagement and embezzlement of funds coupled with the lack of will by the government to invest in football, we suck big time. We also understand that despite being undisputed continental champions in some games like women's volleyball, we suck big time at the global arena. Meanwhile these brothers of ours from the west are more closer to us in football than to real global giants but they talk here like they're world champions and are quick to pride themselves on how they shine in the only sport that matters in this world.

https://scontent.fnbo3-1.fna.fbcdn.net/v/t1.0-9/35401567_10160236442385478_6016688959046811648_n.jpg?_nc_cat=0&oh=64de9c39e492f2d5353d1e1eb3d6d35d&oe=5BC32C52

TayserMahiri:
Lol, now you cant see the munkies here pidgining

Iceland will also beat Nigeria, as will Argentina.

Useless Nigeria will win no game in their group

Zero Points !

Your job is to give company to teams that can win the world cup. There's no difference between your players and the fans, they all go there to watch soccer from other teams.

I told Danielnino00 that football is still underdeveloped in Africa when he kept dissing Kenyans for not playing football and he thought I was just hating. I said here, maybe Senegal can try and reach the quarter finals - the other team with little hopes (of reaching quarterfinals) is Egypt which is practically an Arab country. Just like Saudi Arabia, Nigeria only qualifies for world cup because of the quotas otherwise the only continents that have world cup worthy teams are Europe and South America. The rest are shit. At least Kenya, when we say we are good at some sport, we are globally good.

Danielnino00:
There's no clear history of where football was invented. some say its England, others say China. but we know that football was officially started by the English and perfected by the Brazilian.. its a worldwide sport... the Olympics game is specially reserved for the likes of Kenya who need a platform to be recognized... any country that's good in football doesn't need to be good in other sport to gain recognition ..Brazil is a case study.. they suck at other sport, but being a football powerhouse, they are well known.....
Trust me,no sport beats football... not ur useless marathon or rugby sevens...

And take note, you don't have to win the world cup before you can be regarded as a football powerhouse. the world cup takes place once in four years and there's only one winner. it's not rugby sevens that takes place every month(or whatever).. and African teams are still young in the tournament.... Outside the world cup,we have Olympic football gold and u-17 world cup.. we have produced some of the world best footballers...

If u are hurt cus ur country is irrelevant in the sport,take a chill pill... we aren't the cause...

This is so desparate dude. Nigeria sucks at football. Stop comparing it it with Brazil lol. What will you be comparing next? Abeokuta to New York?

I like the fact that you agree Nigeria 'also begged the whites' to teach them football too. But as usual, a Nigerian always credits the whites when it's a non-Nigerian African.

PS....

Any country that is really good in any sport becomes famous for it and Brazil is good in football. Nigeria however...................well, let me not go into it.

Danielnino00:
Your comment is typical of a hateful African... . it reeks of ignorance... what do you mean by football is yet to develop in Africa?
your brain needs to be examined... When the likes of Nigeria,Cameroon, Senegal and Ghana were representing Africa at world tournaments and performing well (I don't expect you to get the meaning), you Kenyans were probably still begging the whites to teach u rugby and cricket

I guess football was invented in Nigeria. You people with your low self esteem and white people worship. lol.

Danielnino00:
Yea,it's really embarrassing that Lagos's economy is more vibrant, bigger and more prosperous than the whole of Kenya's

Lagos is a city. Kenya is a country. Compare Lagos to Nairobi and see. Furthermore, the figures you give for Lagos GDP aren't really reliable, some of you say it's $90 Billion, others $136 - which is which? .............and considering Nigeria's GDP shrunk from apeak of $568 billion in 2014 to $376 billion in 2018, what makes you think Lagos GDP is still that big? Going by those figures, I doubt if Lagos GDP goes beyond $60 billion. In fact the few reliable sources I get place it at $45 billion - equal to Nairobi ($44 billion) yet with four times Nairobi's population.

sufferNsmiling:
It's all part of poverty. When you see somebody is deep in poverty he can believe anything you told him. When you see 140 million in poverty you run away

These people are so delusional.

See Obaboon for instance, he's googled my name and knows every forum I contribute to yet gets excited that I checked his profile. Mark you, I checked his profile because he kept alluding to my comments on a different site. Then he comes here and lies that he comes on Nairaland to 'read news here and catch up on sports events and a lot of other things on nairaland' yet he joined Nairaland for this thread and all his posts are on this very thread. I tell you the delusions and stupidity I have encountered on this forum are appalling.

naijalander:
Tutaona...

Unaweza kuwa shabiki ukitaka lakini hata wewe unajua Naijeria haina chake hapa. Hilo kundi lenu ni Croatia na Argentina wataenda. Nigeria only plays in world cup because football is yet to develop in Africa but honestly it's a far cry from a real world cup worthy team.

naijalander:
In the spirit of Nigeria winning the World Cup, Happy Eid to our Kenyan friends and haters.

Lol, you're going to drop out in group stages. Nigeria is a joke in football. My African hopes are on Senegal.