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South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect - Politics (3) - Nairaland

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Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by mdntiri(m): 9:16pm On May 13, 2021
Obama30 you should know Ghana is a blessed nation after God's own heart and would ALWAYS WIN regardless the ills you wish it. We've been supplying electricity to Togo, Benin, Burkina Faso since the inception of our Akosombo and Aboadze power plants.

All the 4 countries that share in the West Africa gas pipeline have part ownership of the infrastructure. Ghana has 16.3%, Togo, Benin both share 2%, Nigeria owns the rest.

Ghana does about 170 000 barrels of oil production currently, EXPORTING about 140,000 barrels. The 90000 you mentioned is REFINED petroleum that we consume. We import about 85 000 barrels of refined oil. If we repair our oil refinery/build new ones, which are in the pipeline, we can EASILY take care of our petroleum needs.

Nigeria that produces about 2 million barrels of crude oil, consuming about 325 000 barrels and refining just 35 000 barrels still IMPORTS 223 000 barrels of refined crude. You won't see that one to talk about.

Our cocoa is still patronized the world over and we're still number 2 world producer and enjoying premium payments for our unique cocoa quality. Yes galamsey threatens the sector and govt is working to address that. The Chinese have nothing on us.

We're the 10th largest contributor to UN peacekeeping. We're the most peaceful country in West Africa. Our diplomacy is very respected in the comity of nations. We're a small country but we punch above our weight

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Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by mdntiri(m): 9:26pm On May 13, 2021
Obama30 read up the Aborigines Right Protection Society of the then Gold Coast and see how their advocacy on the Land bill of 1897 saved West African lands from being annexed by the British as happened in East/South Africa.

Nkrumah engendered the independence struggle in Africa etc etc.
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by femolii: 9:35pm On May 13, 2021
SUFFERInSMILIIN:


I have been to 17 African countries and Nigeria is far behind the only thing is the people are illiterate fooling themselves and suffering
By their fruits you shall know them.
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 7:26am On May 14, 2021
mdntiri:
I'm Ghanaian but Nigeria has better infrastructure than Ghana. I don't know what suffernsmiling is trying to achieve with this post. Ghana's the most peaceful country in West Africa, Ghanaians are by nature very calm peace loving people and we're trying to build our economy. It'd be foolhardy on anybody's part to disrespect Nigeria despite it's many problems. Let's wish him well

I have stayed in Ghana for many years and it is not true Ghana's infrastructure is more so lately structured. Nigeria's infrastructure Nigeria infrastructure is on collapse and it is cheaply built when Nigeria build something in five years it is falling apart
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 7:31am On May 14, 2021
mdntiri:
Obama30 you should know Ghana is a blessed nation after God's own heart and would ALWAYS WIN regardless the ills you wish it. We've been supplying electricity to Togo, Benin, Burkina Faso since the inception of our Akosombo and Aboadze power plants.

All the 4 countries that share in the West Africa gas pipeline have part ownership of the infrastructure. Ghana has 16.3%, Togo, Benin both share 2%, Nigeria owns the rest.

Ghana does about 170 000 barrels of oil production currently, EXPORTING about 140,000 barrels. The 90000 you mentioned is REFINED petroleum that we consume. We import about 85 000 barrels of refined oil. If we repair our oil refinery/build new ones, which are in the pipeline, we can EASILY take care of our petroleum needs.

Nigeria that produces about 2 million barrels of crude oil, consuming about 325 000 barrels and refining just 35 000 barrels still IMPORTS 223 000 barrels of refined crude. You won't see that one to talk about.

Our cocoa is still patronized the world over and we're still number 2 world producer and enjoying premium payments for our unique cocoa quality. Yes galamsey threatens the sector and govt is working to address that. The Chinese have nothing on us.

We're the 10th largest contributor to UN peacekeeping. We're the most peaceful country in West Africa. Our diplomacy is very respected in the comity of nations. We're a small country but we punch above our weight

You are extremely correct the infrastructure which Ghana has is solidly built. Most of the dams which Nigerian build are operating below 50% capacity. Nigeria go and build dams in desert areas.. the infrastructure which Nigeria is building is just cheap publicity which cannot last
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by Nobody: 7:42am On May 14, 2021
helinues:
Relocate there and stop bugging us.

undecided
oh I. See you happy to have illiterates as leaders... Imagine Kenya, Ghana beating Nigeria in terms of infrastructure...

You are here commenting relocation.. Ewure
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 7:49am On May 14, 2021
Grgton:
oh I. See you happy to have illiterates as leaders... Imagine Kenya, Ghana beating Nigeria in terms of infrastructure...

You are here commenting relocation.. Ewure

Just ignore that criminal worshiper he has been brainwashed by illiteracy.
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by mdntiri(m): 3:15pm On May 14, 2021
[quote author=SUFFERInSMILIIN post=101673710]

I have stayed in Ghana for many years and it is not true Ghana's infrastructure is more so lately structured. Nigeria's infrastructure Nigeria infrastructure is on collapse and it is cheaply built when Nigeria build something in five years it is falling apart

Well you've lived in both countries so you may know what you're talking about. But Nigeria by virtue of it's size, large population, diversity, riches, oil economy etc etc has more and better infrastructure than Ghana, no arguments there.
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 6:27pm On May 14, 2021
[quote author=mdntiri post=101688231][/quote]

Nigeria only survives on borrowing money since 1995 there is no State in Nigeria which is profitable. Just look at this picture of the next president of Nigeria and tell me if the country is serious. Nigeria economy is grossly falsified, the country is not a producer but a consumer and the people are illiterate they believe big population is development

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 6:30pm On May 14, 2021
Let the suffering and smiling show begin

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 6:31pm On May 14, 2021
The only thing my Nigerian people know how to do for themselves and run to another country

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 6:33pm On May 14, 2021
Pictures from the Frontline of Lagos the land is green

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 6:36pm On May 14, 2021
State-of-the-art development and infrastructure

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by omonnakoda: 6:40pm On May 14, 2021
obama30:


Minus Ghana there because Ghana don't have anything that backup there economy.

Ghana economy is best on TV analysis but zero in physical.

Even Coco export to Switzerland and Belgium is taken over by China, and European excuses is because of effects from galamsay chemical, but the truth is that Chinese sell cheaper and best quality.

The 90,000 barrels of oil they get from Jubilee field can't serve them domestically, that is reason they hope on Nigeria daily supply of 90,000 barrels of crud oil through West African gas pipeline build with Nigeria government money in the name of easy transportation of crud oil from Nigeria to Benin, Togo and Ghana.

Without oil from Nigeria, electricity in Ghana will be zero. Even though Nigeria oil is back bone behind electricity generation from 11 IPPS in Ghana, Ghanaians don't have money to use the electricity, many Ghanaians never own fridge, AC, electric iron and other things that may consume light which in turn help electricity company to cover their money.

Ghana economy is worst in Africa, at beginning of the month when salary is paid you will notice businesses turn around but by 15th to 30th if the month, my brother all you will hear is this government kuraaaa.

As long Africa is concern Nigeria economy still the best, all we need is good governance or separation to enable every region manage their economy.

People mostly Nigerians think that there's something in Ghana, Ghana is one of poorest countries in West Africa, they only have good governance for Ghanaians not for you anago, Togolese or Burkinabe.

Ghana economy is best on TV, cedis will disappoint you while gathering it, you will see how it loses value while in your bank account.

Ghanaians can deceive them self but not others.

We need to tell ourselves the truth and stop deceiving ourselves
Our GDP per capita is one of the lowest in the world. Definitely lower than Ghana's. We are going backwards
This is particularly true when you factor in much of Northern Nigeria.
If you removed Northern Nigeria it would be a completely different story
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 6:42pm On May 14, 2021
Everybody sit down and relax eat your popcorn and enjoy the show

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 6:46pm On May 14, 2021
omonnakoda:


We need to tell ourselves the truth and stop deceiving ourselves
Our GDP per capita is one of the lowest in the world. Definitely lower than Ghana's. We are going backwards
This is particularly true when you factor in much of Northern Nigeria.
If you removed Northern Nigeria it would be a completely different story


I agree with you to some point, but the southern part and southwest is no different they are just surviving on borrowing money

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 6:49pm On May 14, 2021
grin

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by omonnakoda: 6:59pm On May 14, 2021
SUFFERInSMILIIN:



I agree with you to some point, but the southern part and southwest is no different they are just surviving on borrowing money
Actually they are different. They are not surviving on borrowing money.
There is no nation that does not borrow. You are mixing up public finances with the Economy
They are completely different things

At any rate the question is do the governments service their debts, do they have a revenue stream to do so? Are they doing so with distress?
Do you know how much Dangote Group owes?

The Economy of those places has virtually zero consumer credit. The economy as measured by GDP in the SW is decent as is GDP per capita .That is what I was referring to along with other Human Development Indices
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 6:43pm On May 15, 2021
omonnakoda:
Actually they are different. They are not surviving on borrowing money.
There is no nation that does not borrow. You are mixing up public finances with the Economy
They are completely different things

At any rate the question is do the governments service their debts, do they have a revenue stream to do so? Are they doing so with distress?
Do you know how much Dangote Group owes?

The Economy of those places has virtually zero consumer credit. The economy as measured by GDP in the SW is decent as is GDP per capita .That is what I was referring to along with other Human Development Indices

This is what i am trying to tell this is what i am trying to tell you the GDP of state and the nation is grossly over-inflated. You cannot use GDP as a measure.

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by omonnakoda: 6:48pm On May 15, 2021
SUFFERInSMILIIN:


This is what i am trying to tell this is what i am trying to tell you the GDP of state and the nation is grossly over-inflated. You cannot use GDP as a measure.
We must separate opinion or feelings from facts.
Why should I accept your opinions?
Do you have data

What effectively you are saying is your opinion is superior to data because you don't like the data

I know it may not seem so to you but it is what it is. The data no matter how unreliable it is cannot be replaced by your opinion which is one out of thousands.
You sat GDP is "grossly over inflated" .

Please answer specifically 2 questions
What is the basis for your claim
Provide a more realistic GDP that is not inflated

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Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 6:51pm On May 15, 2021
Nigeria's GDP is grossly over-inflated and it is over inflated by the government the government tells the just companies to inflate their future. And also when companies close in Nigeria their revenue is never cancelled. If you take Elijah Steel plant and nytol including Nigerian Airways they are still operational on the Nigerian government figures. All the companies which have closed on the government figures they are still operating this is why the GDP is so high it is never rebeast. So you find 60% of the companies which the GDP are captured by the government are actually closed

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 7:01pm On May 15, 2021
omonnakoda:
We must separate opinion or feelings from facts.
Why should I accept your opinions?
Do you have data

What effectively you are saying is your opinion is superior to data because you don't like the data

I know it may not seem so to you but it is what it is. The data no matter how unreliable it is cannot be replaced by your opinion which is one out of thousands.
You sat GDP is "grossly over inflated" .

Please answer specifically 2 questions
What is the basis for your claim
Provide a more realistic GDP that is not inflated



Listen I came to invest in Nigeria about 10 years ago assisting i was told by government official if to increase our capital by 10 times so the banks would be will to borrow us money. Also they told us we have to put a very high capital base even if we do not have the money so that people will be interested in investing. When will left the country what do today our company is still registered and the revenue is still allocated although will shut down 7 years ago. All the companies which have packed up in Nigeria their revenue earnings and Investment are never cancelled. Opti today in government books Elijah Steel company is worth 3 billion US dollar. Nigerian Airways is what 2.2 billion US dollar. Nitel is worth 1.1 billion US dollar. If you are just adding investment, Econet is still worth 300 million US dollar and not cancelling the Investment which have left the country then it is a problem. All so the GDP is inflated so that the country can borrow money.

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 7:26pm On May 15, 2021
This is the Giant of Africa

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 7:30pm On May 15, 2021
Kenya is ahead of Nigeria in all aspects page10000 suffering as smiley show is coming to and end

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by omonnakoda: 7:33pm On May 15, 2021
SUFFERInSMILIIN:



Listen I came to invest in Nigeria about 10 years ago assisting i was told by government official if to increase our capital by 10 times so the banks would be will to borrow us money. Also they told us we have to put a very high capital base even if we do not have the money so that people will be interested in investing. When will left the country what do today our company is still registered and the revenue is still allocated although will shut down 7 years ago. All the companies which have packed up in Nigeria their revenue earnings and Investment are never cancelled. Opti today in government books Elijah Steel company is worth 3 billion US dollar. Nigerian Airways is what 2.2 billion US dollar. Nitel is worth 1.1 billion US dollar. If you are just adding investment, Econet is still worth 300 million US dollar and not cancelling the Investment which have left the country then it is a problem. All so the GDP is inflated so that the country can borrow money.
Very interesting biographical anecdotes which unfortunately are diversionary and do not answer the questions asked.
None of that is evidence that the economy GDP is "grossly overinflated " and
None of that tells us what YOU BELIEVE is a more realistic measure of GDP
. Without the latter we cannot say it is "grossly" overinflated

1 Like

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 7:35pm On May 15, 2021
The suffering and smiling show has come to an end. Please note that this show was a continuation of Kenya is ahead of Nigeria in all aspects page 10,000 which was shut down

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 3:33pm On May 16, 2021
omonnakoda:

Very interesting biographical anecdotes which unfortunately are diversionary and do not answer the questions asked.
None of that is evidence that the economy GDP is "grossly overinflated " and
None of that tells us what YOU BELIEVE is a more realistic measure of GDP
. Without the latter we cannot say it is "grossly" overinflated

Ok if you're gdp is right how come South Africa more infrastructure, also also there are a lot of countries with less GDP but have more infrastructure than Nigeria. Does it make sense to add nigerian properties abroad as part of Nigeria's GDP. This is what the government of is doing.
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by omonnakoda: 4:06pm On May 16, 2021
SUFFERInSMILIIN:


Ok if you're gdp is right how come South Africa more infrastructure, also also there are a lot of countries with less GDP but have more infrastructure than Nigeria. Does it make sense to add nigerian properties abroad as part of Nigeria's GDP. This is what the government of is doing.
There is no logical nexus between what you quoted and your questions about South Africa. Did you comprehend what you quoted? Where did I say GDP is right?
Do you have evidence for your claim that properties abroad are added as part of GDP?
Properties whether abroad or at home are not added as part of GDP anywhere. GDP is a measure of economic output so there is no way property will be included .
Clearly you are out of your depth here and are just commenting for the sake of it

1 Like

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by Onepeople: 4:15pm On May 16, 2021
helinues:
Relocate there and stop bugging us.

undecided
this monthly stipend is it sustainable?
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by Vlain: 12:52pm On May 17, 2021
omonnakoda:
There is no logical nexus between what you quoted and your questions about South Africa. Did you comprehend what you quoted? Where did I say GDP is right?
Do you have evidence for your claim that properties abroad are added as part of GDP?
Properties whether abroad or at home are not added as part of GDP anywhere. GDP is a measure of economic output so there is no way property will be included .
Clearly you are out of your depth here and are just commenting for the sake of it

Argue with that guy at ur peril. He is as dense as it gets. He already has a made up opinion about Nigeria- nothing can change it not e en facts.


“Nigerian properties abroad are added to our gdp” gawwwwwwd were in hell did this idiot graduate from.

1 Like

Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 12:30am On May 18, 2021
omonnakoda:
There is no logical nexus between what you quoted and your questions about South Africa. Did you comprehend what you quoted? Where did I say GDP is right?
Do you have evidence for your claim that properties abroad are added as part of GDP?
Properties whether abroad or at home are not added as part of GDP anywhere. GDP is a measure of economic output so there is no way property will be included .
Clearly you are out of your depth here and are just commenting for the sake of it

Please go back to the topic read what the trade is about Ghana and South Africa including other countries are far ahead of Nigeria in all aspects. Instead of pulling yourself build your country. I see a lot of Nigerians with this illiterate mentality they believe they're on top of the world when they are at the bottom of the well.
Re: South Africa, Kenya, Tanzania And Ghana Ahead In all Economical Aspect by SUFFERInSMILIIN(m): 12:32am On May 18, 2021
Onepeople:
this monthly stipend is it sustainable?

Look at his his brothers protesting they are hungry outside their leaders Palace suffering and smiling


https://www.youtube.com/watch?v=0TsuxMvufSk

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