₦airaland Forum

68816419:
Some 400 jobs would be created in Osun,as Nigeria's biggest gold refinery is at commissioning stages . The Segilola gold mine and plant would produce 85,000 ounces of gold annually after the official launching this year . The first gold has been poured in the processing facility. #nigeriaisprogressing

Good to see we are tapping into other natural resources.

Great. Is Ghana doing this?

68816419:
Some 400 jobs would be created in Osun,as Nigeria's biggest gold refinery is at commissioning stages . The Segilola gold mine and plant would produce 85,000 ounces of gold annually after the official launching this year . The first gold has been poured in the processing facility. #nigeriaisprogressing

68816419:
Dangote Construction and Hitech Construction Companies delivered this project on behalf of the Federal Government of Nigeria. for the construction of 10lanes 35km Apapa-Oworonshoki Expressway (t[b]he longest and widest concrete highway in Africa[/b])

Federal government should award more projects like this to local contractors. Nigeria wins
#GovtAtWorkNG

Kenya would have sold the destinies of 2 more generation ahead to the Chinese or Japanese just to achieve this.

68816419:
Dangote Construction and Hitech Construction Companies delivered this project on behalf of the Federal Government of Nigeria. for the construction of 10lanes 35km Apapa-Oworonshoki Expressway (t[b]he longest and widest concrete highway in Africa[/b])

Federal government should award more projects like this to local contractors. Nigeria wins
#GovtAtWorkNG

This road was a death trap. This is amazing.

Vlain:
Kenya would have sold the destinies of 2 more generation ahead to the Chinese or Japanese just to achieve this.

They're like our Lebanese friends. Loan, loan, loan.

After running around with Kenya GDP is cooked seems you've hitched camp at loans.

Kenya will in meantime have primary surplus - 1st one in 20yrs

A budget surplus occurs when income exceeds expenditures. The term often refers to a government's financial state, as individuals have "savings" rather than rather than a "budget surplus." A surplus is an indication that a government's finances are being effectively managed.

obaaderemi:
They're like our Lebanese friends. Loan, loan, loan.

rvp20182:
No. it is easy to join any master's program or Ph.D. It is very hard to join IVY or OXbridge as undergraduate. Your need real pedigree. Joining a postgraduate is about money. Joining ivy league undergraduate where acceptance rate is sometimes 2 percent is pedigree.

Now why did Yemi kale end up in Adis Ababa

I guess it's also easy to work with Goldman Sachs like Dr. Kale. Tell us where McDonald pizzaman worked.

And what's wrong with Addis Ababa university?
Kenyan former foreign minister also went there. So why are you baying like a donkey?
McDonald has a poor profile compared to Dr. Kale. Fini.

obaaderemi:
The way this BUA guy is going is something else. He is living up to his family pedigree in business, the Rabius.

If Nigeria finds a way to leverage on our gas deposits power problems will be a thing of the past.

I personally believe that BUA Group owner, Abdul Samad Rabiu is richer than Dangote , BUA will complete 200,000bpd refinery before 2025, the guy just about completing AFRICA'S LARGEST SUGAR REFINERY IN PORT HARCOURT , the company is expanding across Many Africa's countries


https://www.youtube.com/watch?v=a1rigrf36rc

rvp20182:
After running around with Kenya GDP is cooked seems you've hitched camp at loans.

Kenya will in meantime have primary surplus - 1st one in 20yrs

A budget surplus occurs when income exceeds expenditures. The term often refers to a government's financial state, as individuals have "savings" rather than rather than a "budget surplus." A surplus is an indication that a government's finances are being effectively managed.

Oga, the budget surplus the world bank is talking about is a mere forecast for 2023/2024 fiscal year. Stop misleading Kenyans here. They count on you.

68816419:
I personally believe that BUA Group owner, Abdul Samad Rabiu is richer than Dangote , BUA will complete 200,000bpd refinery before 2025, the guy just about completing AFRICA'S LARGEST SUGAR REFINERY IN PORT HARCOURT , the company is expanding across Many Africa's countries


https://www.youtube.com/watch?v=a1rigrf36rc

You are right. But the guy flew under the public radar for many years. But his family has always been quite popular.

The sugar refinery is very important. We need to stop importing things like that.Like we did with rice.

obaaderemi:
Oga, the budget surplus the world bank is talking about is a mere forecast for 2023/2024 fiscal year. Stop misleading Kenyans here. They count on you.

I wanted to call him out on that before, omo I just decide to leave him for peace to reign.

obaaderemi:
This road was a death trap. This is amazing.

Yeah, the 3 lane expressway has been completed , while the service lanes are still under construction
The video of the reconstructed 10 lanes 35km Apapa-Oworonshoki concrete reinforced Expressway #Nigeriaisdevelopingfast

https://www.youtube.com/watch?v=hvG1HCf3ZP4

This project alone dwarfs anything In Kenya

68816419:
Dangote Construction and Hitech Construction Companies delivered this project on behalf of the Federal Government of Nigeria. for the construction of 10lanes 35km Apapa-Oworonshoki Expressway (the longest and widest concrete highway in Africa): this would have been repeated 1 million times if it were to be from Kenya

Federal government should award more projects like this to local contractors. Nigeria wins
#GovtAtWorkNG

concrete highways the way to go

obaaderemi:
You are right. But the guy flew under the public radar for many years. But his family has always been quite popular.

The sugar refinery is very important. We need to stop importing things like that.Like we did with rice.

out of the 42 items under import substitution, how many products we don achieve or achieving sef?

I know we've achieved rice and cotton.... I also know we're achieving sugar, wheat and palm oil and that's all.

Milk nko? What's going on with that?

vankelvin:
concrete highways the way to go

Yeah, the government is really trying in this aspect, here are the concrete roads construction
“T[b]hose five roads totalling 274.9 kilometres[/b] will cost N309,917,717,251.35 to be advanced by the Dangote Industries as a tax credit.

The roads, specifically Under Tax Credit scheme


1. Bama to Banki in Borno State for N51.016 billion with a 49.153 kilometres;
2. Dikwa to Gamboru-Ngala, 49.577 kilometres in Borno State for N55.504 billion;
3. The Nnamdi Azikiwe Road, popularly known as a Western Bypass in Kaduna, 21.477 kilometres, from Command Junction to Kawo, in the sum of N37.560 billion
4. Deep seaport access road sections 1 and 3 in Lagos State, through Epe to Shagamu Expressway, 54.24 kilometres, that links Lagos and Ogun states, in the sum of N85.838 billion;
5. The Obele/Ilaro/Papalanto to Shagamu Road, 100 kilometres in Ogun State, in the sum of N79.996 billion.

“Council considered and approved this memorandum, to facilitate the construction of 274 kilometres of concrete roads. So, this will be the largest single award of concrete roads ever undertaken by the government of Nigeria in one award.“
https://tribuneonlineng.com/fec-okays-n309-9bn-road-contract-for-dangote-as-tax-credit/

vankelvin:
concrete highways the way to go

I tell u.... It's like the current frenzy here in lagos right now.

Every new roads are concrete, some tarred roads are even changed to concrete.

Aswearughad.

Anybody can become a paper pusher in Goldman Sachs. Kenya KNBS has for a long time be run by Prof Ryan - who has been chairman of board of KNBS for a long time. But director general serve 2 terms and go home.

Prof Terry Ryan is MIT graduate. Prof Terry Ryan a not only "oversees" KNBS but also sit on Central Bank MPC that determines policy rate - and he is top brain that Yemi Kale of Adis Ababa cannot wash his shoes.

And before you go all racial - Prof Terry Ryan is kenyan born in Nakuru - and has been the chief gov economist advisor - and is well-regarded economist.

https://i.ytimg.com/vi/LxJk_dn0eVI/maxresdefault.jpg

obaaderemi:
I guess it's also easy to work with Goldman Sachs like Dr. Kale. Tell us where McDonald pizzaman worked.

And what's wrong with Addis Ababa university?
Kenyan former foreign minister also went there. So why are you baying like a donkey?
McDonald has a poor profile compared to Dr. Kale. Fini.

obaaderemi:
You are right. But the guy flew under the public radar for many years. But his family has always been quite popular.

The sugar refinery is very important. We need to stop importing things like that.Like we did with rice.

This is guy aint smiling at all
Real Estates
To meet the growing demands for real estate in Nigeria, BUA Group’s real estate portfolio includes various residential, commercial and mixed – use developments in major Nigerian cities. A few projects under BUA Estates include (but are not limited to these):

BUA Hills, Abuja
BUA Court, Abuja
BUA Business Park, Abuja.
BUA Towers, Lagos
The BUA Place, Lagos
Mines and Steel

BUA Iron & Steel Ltd, plans are in place to establish a 1million tonnes/annum state-of-art steel plant utilizing locally sourced iron ore, natural gas and limestone. BUA Group has therefore secured an exploration license for Iron Ore in Kogi State, Central Nigeria.

BUA Steel won a government bid to acquire Delta Steel Company Ltd through the government’s privatisation exercise. Following the Government’s reversal of the process, the Group went on to begin the process of establishing a fully integrated steel plant in Kogi State, Nigeria. Upon completion, BUA Steel Complex will be the only steel mill in WestAfrica that produces from iron ore to Steel.
Cement
BUA Group possesses a strong capability in cement manufacturing with 3 major subsidiaries and plants in Northern and Southern Nigeria. The Group’s plants have the capacity to provide various grades of cement as required in the local Nigeria markets and meet the highest standard of cement manufacturing.

In 2020, BUA Group consolidated all its cement operations and listed BUA Cement Plc on the Nigerian Stock Exchange with a total combined installed capacity of 8million mtpa and a market capitalization of N1.18trillon (US$3.3bn), making it the second largest cement producer in the Nigerian market and the largest cement producer in the North Western region of the country.

This consolidation included the BUA owned Cement Company of Northern Nigeria, and the Obu Cement Company.

BUA Cement
is committed to expanding its footprint into markets within and outside Nigeria. The commencement of AfCFTA provides boundless opportunities because of the potential involvement of 1.2 billion Africans, spanning 54 nations, with a combined GDP of about US$2.5 trillion; thereby actually increasing intra-African trade by up to 52.3%.
Ports Operations
BUA Group, through its subsidiary, BUA Ports & Terminals, is a concessionaire of Terminal ‘B’ of the Nigerian Ports Authority (Rivers Port), in Rivers State, Nigeria. This concession was done to improve port logistics efficiency and was obtained through a highly competitive bidding process under the Public Enterprise (Privatization & Commercialization) Act No. 28 of 1999.

The Port operates with well trained personnel, competitive tariffs and almost unrivalled customer service. Currently operating at MARSEC level 2, the security of lives and goods are vital in our operations.

I believe it happened this year already - there a big drop in recurrent expenditure as gov work worked home and travel budget was cut.


A double pronged approach to restore Kenya’s revenue effort to its potential and efficiency in expenditure
management are central to this reform. The report shows that there exists opportunity to raise
more tax revenue by revisiting COVID related tax cuts and through removal of tax exemptions.
These initiatives could lead to additional revenue yield of about 2.5 percent of GDP (from a
baseline of about 18.2 percent of GDP in FY2018). On the expenditure side, the report identifies
options for expenditure rationalization with approximately 2.6 percent of GDP in expenditure
savings (from a baseline of 26.1 percent of GDP in FY2018). These revenue and expenditure
containment targets could lead to a primary surplus of 0.8 percent of GDP in FY2021 and a
reduction of public debt to 57 percent of GDP by FY2024.
1 The latest joint World Bank-IMF DSA has raised Kenya risks of debt distress to high. https://www.imf.org/en/
Publications/CR/Issues/2020/05/11/Republic-of-Kenya-Request-for-Disbursement-under-the-Rapid-Credit-FacilityPress-Release-49405

obaaderemi:
Oga, the budget surplus the world bank is talking about is a mere forecast for 2023/2024 fiscal year. Stop misleading Kenyans here. They count on you.

Update: Ribadu Road by Garkida Road at Tafawa Balewa way intersection completed ✅ #KadunaUrbanRenewal

More on Kenya re-known economist Prof Terry Ryan. He taught at UON for long time before working for gov for many years as Chief Economist - the only white man working for kenya gov I think

When I was a young lad barely into long trousers, a greenhorn studying A-level economics for the first time, a most formidable gentleman used to intimidate us with his prowess. His name was Professor Terry Ryan, and he was (and is) Kenya’s renowned economist and policy guru. These days, I am honored to sit on an advisory board alongside Prof Ryan, who is still going great guns – but that’s a story for another day.

I thought of the good professor when I picked up a book by another economics guru. Prof Ryan used to tell us he could summarize all of the economics on a single page – which was mind-blowing when we struggled with all the huge textbooks in our curriculum.
https://sunwords.com/2011/06/27/a-golden-rule-to-help-you-evaluate-the-worth-of-your-policies/

rvp20182:
Sport in Kenya is a county (state in Nigeria) function. And every county is now building their own stadiums. They will be 47 stadium. Medium sized stadiums that can host county level function - not 100,000 capacity stadium in the middle of a bush like ASABA

There are many stadiums built in the last 5yrs.

Example- Kinoru stadium - Meru county - just completed.


https://www.youtube.com/watch?v=UqaNSyC-wzo

Let Mombasa first have this kind of public infrastructure first before you tag Asaba a bushy place...

Kenyans, this how a market should look like
The completed Ebonyi International Market (South Eastern Nigeria) with thousands of shops .

Hydroelectric power turbine installing at Zungeru 700MW Hydroelectric Power Plant in Niger state for delivery in December, 2021 by President Muhammadu Buhari
#GovtAtWorkNG

progress continues at the Federal University of Technology, Daura to meet the 2021-ending deadline. The N18billion higher institution of learning, funded by CCECC, will be one of the best in Africa.

The largest sugar factory in Africa : BUA
https://web.facebook.com/BUAgroupNG/videos/327913534724642/

68816419:
progress continues at the Federal University of Technology, Daura to meet the 2021-ending deadline. The N18billion higher institution of learning, funded by CCECC, will be one of the best in Africa.

university of transportation.

Another 18.75KM concrete Eti-Osa-Lekki-Epe 6 lane expressway nearing completion

https://www.youtube.com/watch?v=fepiIZVXm24

What you should know

1. The project, which is programmed for two phases to manage the huge financial outlay required, takes cognisance of the rapid industrialisation envisaged along the Lekki axis.
2. The first phase of the project and reconstruction will be an 18.75km stretch spanning Eleko Junction to Epe T- Junction. The second phase of the 26.7km will start at Abraham Adesanya Roundabout to Eleko Junction.
3. The project will be handled by Messrs Craneburg Construction Company Limited which has proven capacity and track record in the delivery of quality road projects.
4. The Eti Osa-Lekki-Epe Expressway was constructed over 40 years ago, from Victoria Island to Epe T-junction. The builders adopted a rural road cross-section without drainage, except for chutes provided at intervals to allow water percolate into the soil along the verges.

theenchanter:
university of transportation.

Yeah

Adamawa state (North Eastern Nigeria) , one of the poorest state in Nigeria
#UPDATE
THE JIMETA POLICE ROUND-ABOUT FLYOVER CONSTRUCTION, Two flyover projects at the same time


https://www.youtube.com/watch?v=lXgc7TK2vHk&t=3s

68816419:
Yeah, the 3 lane expressway has been completed , while the service lanes are still under construction
The video of the reconstructed 10 lanes 35km Apapa-Oworonshoki concrete reinforced Expressway #Nigeriaisdevelopingfast

https://www.youtube.com/watch?v=hvG1HCf3ZP4

This project alone dwarfs anything In Kenya

Especially their seatless stadiums.