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Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode - Politics (1795) - Nairaland

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Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by jl115: 9:27pm On Dec 23, 2022
rvp20182:
Check KASNEB website for requirements.. before we joined university..we either did CPAs or imis.. international diploma on information systems...CPAs in Kenya is standalone
so I just read, if you want to become an external auditor in Kenya you also need to complete all ASA exams as well as 2 years experience if you are already hold a ICPAK Practising Certificate.... 3 years if you don't.

The above seems to be the equivalent of a CA in South Africa.

I see now where the confusion came
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 9:35pm On Dec 23, 2022
jl115:
so I just read, if you want to become an external auditor in Kenya you also need to complete all ASA exams as well as 2 years experience if you are already hold a ICPAK Practising Certificate.... 3 years if you don't.

The above seems to be the equivalent of a CA in South Africa.

I see now where the confusion came
yes..it supposed to professional course but in Kenya it taken as vocational skill...many CPA in our time were 20 yr olds.So it's not considered special...maybe CFAs are hard to get..but CPAs are offered in backstreet
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by jl115:
rvp20182:
yes..it supposed to professional course but in Kenya it taken as vocational skill...many CPA in our time were 20 yr olds.So it's not considered special...maybe CFAs are hard to get..but CPAs are offered in backstreet
CFA is relatively hard but imo CA is much harder although I prefer a CFA since its in line with what i do for a living.... I'm contemplating doing my CFA next year since I've already completed my 3 year work experience in investment management.
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just30: 9:59pm On Dec 23, 2022
rvp20182:
if Ghana had strong institution you won't be bankrupted so often..you just have majority with see no evil hear no evil.. majority akhan .Kenya is quarrelsome as no tribe now is even 18 percent...Ghana you can as well make the Ashanti king your God... because you're incapable of criticizing your own gov due to tribalism ..Nana is literally getting away with murder of entire generation without consequences
that's why we are not bankrupt....


Having strong institutions have nothing to do with tribes .. it start with having great investigative journalist who can do proper work and blow alarm on crime early for institutions to take it up.

The rest of your write up is thrash grin grin
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp20182: 10:12pm On Dec 23, 2022
Just30:
that's why we are not bankrupt....


Having strong institutions have nothing to do with tribes .. it start with having great investigative journalist who can do proper work and blow alarm on crime early for institutions to take it up.

The rest of your write up is thrash grin grin
Classic example of what ails Ghana... deny deny like it will make you less bankrupted... everyone in world and their grandmother knows Ghana recently declared bankruptcy.But you're unable even to process that because of your stunted politics and that it why apart from brief period when Jerry Rawlings had to literally beat sense into you thickness you don't get it.Everyone Knows is bankrupt.only another half Ghanaian half Scottish can drill sense into you thickness .. otherwise in your alternative universe Kenya is bankrupt and Ghana is happily paying it's debts
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by BHG1(m): 10:25pm On Dec 23, 2022
Attempted Murder: Estranged Wife Of Former Lawmaker Remanded In Prison
https://www.bhginfodesks.com/2022/12/attempted-murder-estranged-wife-of.html
Just30:
that's why we are not bankrupt....


Having strong institutions have nothing to do with tribes .. it start with having great investigative journalist who can do proper work and blow alarm on crime early for institutions to take it up.

The rest of your write up is thrash grin grin
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by BHG1(m): 10:25pm On Dec 23, 2022
Attempted Murder: Estranged Wife Of Former Lawmaker Remanded In Prison
https://www.bhginfodesks.com/2022/12/attempted-murder-estranged-wife-of.html
BHG1:
Attempted Murder: Estranged Wife Of Former Lawmaker Remanded In Prison
https://www.bhginfodesks.com/2022/12/attempted-murder-estranged-wife-of.html
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by 68816419: 10:44pm On Dec 23, 2022
KADUNA STATE COMMENCED CONSTRUCTION OF LIGHT RAIL WITHOUT HELP FROM NIGERIA FEDERAL GOVERNMENT grin grin grin grin grin grin

https://www.youtube.com/watch?v=1N3eigKiMXs
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by uzzokel: 12:24am On Dec 24, 2022
$5bn NLNG Train 7 Project Now at 30% Completion
NLNG TRAIN 7
In May 2020, Daewoo Engineering & Construction Nigeria Limited was awarded the NLNG Train 7 project contract as a Joint Venture (SCD JV) by Nigerian Liquified Natural Gas (NLNG).

Project Scope:

The Engineering, Procurement & Construction (EPC) works for one complete LNG train and one additional liquefaction unit with a total capacity of eight (cool MTPA, plus other extensive associated utilities and infrastructures at Bonny Terminal, Bonny Island, Rivers State.

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by uzzokel: 12:37am On Dec 24, 2022
$25B | 7,000km Nigeria-Morocco Gas Pipeline (NMGP) | FEED
We've been awarded a contract to provide main front-end engineering design (FEED Phase II) services for the Nigeria-Morocco Gas Pipeline (NMGP) project. The engineering study is progressing in accordance with the initial project planning.

When completed, the over 7,000 km long gas pipeline, being promoted by Office National des Hydrocarbures et des Mines (ONHYM) of Morocco and Nigerian National Petroleum Corporation (NNPC) of Nigeria, will link Nigeria with Morocco, cross 11 west African countries and extend to Europe. It will be the longest offshore pipeline in the world and the second longest pipeline overall.
The NMGP pipeline is expected to traverse 13 countries, and will help to boost local industries and economies by delivering a reliable and sustainable energy source. It will also support industrial development and create employment opportunities.

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by uzzokel: 12:48am On Dec 24, 2022
THE Lagos State Government, through the Office of Public-Private Partnerships, PPP, weekend, said it has shortlisted three bidders for the construction of the $2.5 billion Fourth Mainland Bridge project in Lagos.

The Special Adviser to the Governor on PPP, Mr Ope George, while briefing newsmen in Ikeja, stated that the three bidders shortlisted for the Request For Proposal, RFP Stage II are: Mota-Engil (Nigeria and Africa) CCCC and CRBC consort; CGGC-CGC Joint Venture and CCECC and CRCCIG Consortium.

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by uzzokel: 12:58am On Dec 24, 2022
The $12.8bn Legacy Ajaokuta-Kaduna-Kano Pipeline Project

The Board of the Nigerian National Petroleum Company Limited (NNPC) has expressed satisfaction with the progress of work done on the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project.

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by uzzokel: 1:03am On Dec 24, 2022
$1.2bn
The scope of the railway project involves a 203 kilometer double track standard gauge railway from Kano to Kaduna. The project is expected to gulp $1.2bn, without variations on the scope of work agreed.

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by kkins25(m): 2:00am On Dec 24, 2022
vaxx:
the guy own pass were , na mad dog ready to be chained.
Which is cheaper for cooking : gas or electric cooker.
P.S. electric grill is 2200W. awaiting light bill cux ive been using this to cook since i ran out of gas. LOL.

I also use an electric warmer for extended hours.. 4-6...

I wonder which is cheaper.

80 cedis gas takes me about 3 weeks.
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just30:
rvp20182:
Classic example of what ails Ghana... deny deny like it will make you less bankrupted... everyone in world and their grandmother knows Ghana recently declared bankruptcy.But you're unable even to process that because of your stunted politics and that it why apart from brief period when Jerry Rawlings had to literally beat sense into you thickness you don't get it.Everyone Knows is bankrupt.only another half Ghanaian half Scottish can drill sense into you thickness .. otherwise in your alternative universe Kenya is bankrupt and Ghana is happily paying it's debts
anytime you mention bankruptcy, just take a look at this and know that Kenya does not have any and that is why it is bankrupt...

Yes Ghana has been paying it debt Kenya is the only one that has not been paying it commercial loans and bilateral loans because it is Dem broke.... Boy your country is even borrowing concessional loans to pay salaries.
That is how bad things have become for you


There's nothing in your dumb head grin

Ghana has the best investigative journalist on the continent who have blown alarm on a lot of bad deals to cause their cancellation before the lost of serious money... I wish same for Kenya

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by vaxx: 9:12am On Dec 24, 2022
kkins25:
Which is cheaper for cooking : gas or electric cooker.
P.S. electric grill is 2200W. awaiting light bill cux ive been using this to cook since i ran out of gas. LOL.

I also use an electric warmer for extended hours.. 4-6...

I wonder which is cheaper.

80 cedis gas takes me about 3 weeks.
Anyway I don't really visit kitchen as much but from the general knowledge, gas is way much cheaper than electricity. And can be easily regulated. I.e the amount of heat can be controlled …just by looking at the flame, you can easily adjust it and it will consume less amount of heat in which it will result in Longer use. Even on a technical note , Ghana electricity is mostly generated by natural gas .
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by gallivant: 9:16am On Dec 24, 2022
Just30:
anytime you mention bankruptcy, just take a look at this and know that Kenya does not have any and that is why it is bankrupt...

Yes Ghana has been paying it debt Kenya is the only one that has not been paying it commercial loans and bilateral loans because it is Dem broke.... Boy your country is even borrowing concessional loans to pay salaries.
That is how bad things have become for you


There's nothing in your dumb head grin

Ghana has the best investigative journalist on the continent who have blown alarm on a lot of bad deals to cause their cancellation before the lost of serious money... I wish same for Kenya
huh embarassed undecided

https://fingfx.thomsonreuters.com/gfx/mkt/zjvqjjqompx/Pasted%20image%201670516125990.png

https://www.reuters.com/graphics/GHANA-ECONOMY/akveqqxqyvr/chart.png

https://fingfx.thomsonreuters.com/gfx/mkt/movakknnrva/Who-holds-ghana-s-domestic-debt.png

https://fingfx.thomsonreuters.com/gfx/mkt/zdvxddrlevx/Pasted%20image%201671009082690.png

https://pbs.twimg.com/media/EySjqbbXMAEwrwe.jpg
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018:
Classic deny and deflect.
Kenya has not come out sweating on sunday to announce it cant and wont pay debt.
Kenya is ranked B - Ghana is ranked D - defaulted.
By the time you emptied the forex and suspended debt repayment - that includes anything on sovereign wealth.
Just30:
anytime you mention bankruptcy, just take a look at this and know that Kenya does not have any and that is why it is bankrupt...

Yes Ghana has been paying it debt Kenya is the only one that has not been paying it commercial loans and bilateral loans because it is Dem broke.... Boy your country is even borrowing concessional loans to pay salaries.
That is how bad things have become for you


There's nothing in your dumb head grin

Ghana has the best investigative journalist on the continent who have blown alarm on a lot of bad deals to cause their cancellation before the lost of serious money... I wish same for Kenya
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 10:01am On Dec 24, 2022
Copied from another kenyan

Ghana mess.
"Very true but their President also over borrowed domestically and abroad taking away all credit from businesses. Tax collection stalled and they struggled to offset Forex demands inflows Vs outflows. Reminds you of our previous administration.

They took too long - 3 years to even acknowledge the problem. They could have rescued themselves in 2020 during COVID period by adjusting fiscal policy to new realities but they instead continued unabated."
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just30: 10:07am On Dec 24, 2022
rvp2018:
Classic deny and deflect.
Kenya has not come out sweating on sunday to announce it cant and wont pay debt.
Kenya is ranked B - Ghana is ranked D - defaulted.
By the time you emptied the forex and suspending debt repayment - that includes anything on sovereign wealth.
sweating looks like taking budget support from IMF cause you have nowhere else to go... Casting your insecurities on us has never helped you.

As far as everyone knows, Ghana is paying it debt and has budgeted 3.5 million for debt due next year.

Kenya is the only country that has defaulted on 4 separate debt payment causing China to fine your country.

Fact is,

Ghana forex has increased to 9 billion and Kenya has drained hers to 6 billion..

Ghana's SWF are growing in value and Kenya does not have any.


Your president is asking Kenyans to contribute money so he can forfill to help his wife the bet he lost...have you sent yours?
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 10:15am On Dec 24, 2022
This kind of sickness - at national scale - is quite intriguing.

"Global Ratings agency S&P has lowered the sovereign rating on Ghana to ‘selective default’ from CC, a day after the country announced it would suspend its debt payments to some external creditors including holders of Eurobonds."

Just30:
sweating looks like taking budget support from IMF cause you have nowhere else to go... Casting your insecurities on us has never helped you.

As far as everyone knows, Ghana is paying it debt and has budgeted 3.5 million for debt due next year.

Kenya is the only country that has defaulted on 4 separate debt payment causing China to fine your country.

Fact is,

Ghana forex has increased to 9 billion and Kenya has drained hers to 6 billion..

Ghana's SWF are growing in value and Kenya does not have any.


Your president is asking Kenyans to contribute money so he can forfill to help his wife the bet he lost...have you sent yours?
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just30: 10:17am On Dec 24, 2022
rvp2018:
This kind of sickness - at national scale - is quite intriguing.
lunatic

Because Kenya ties with China has cooled off due to Kenya defaulting on Chinese debt ... You guys have horridly turn the begging bowl to the West smooching grin

A rating downgrade does not mean shit except for the fact that it will increase your next borrowing cost.
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 10:20am On Dec 24, 2022
Ghana sovereign wealth mostly invested in gov bonds - which are now in default smiley smiley. Mad man look for another straw. That one has snapped.
https://www.bog.gov.gh/wp-content/uploads/2022/11/Petroleum-Funds-2021-FS.pdf

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just30: 10:31am On Dec 24, 2022
rvp2018:
Ghana sovereign wealth mostly invested in gov bonds - which are now in default smiley smiley. Mad man look for another straw. That one has snapped.
https://www.bog.gov.gh/wp-content/uploads/2022/11/Petroleum-Funds-2021-FS.pdf
Lunatic

You're really desperate grin grin grin

Let me attached for your reading where all the funds are invested. You can take interest in the part where it said not in Ghana. grin grin

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 10:32am On Dec 24, 2022
1) Kenya has had no problem and has no problem with paying off China debt. The reason Railway Development Fund - 1.5% of any import to kenya is levied RDL - that annually.

RDL since 2013 has raised 1.5B dollars. China requires annually 80M dollars - RDL alone - raises 1.5% of 20B dollars - which is 300M dollars annually.

2019
https://www.theeastafrican.co.ke/tea/business/kenya-s-railway-levy-to-rise-by-30pc-but-where-does-the-money-go--1421034
"Conservative estimates show that since 2013, the RDL has generated a staggering $920 million based on the rate of growth in the value of imports, which increased from $13.2 billion in 2012 to $17 billion last year according to Kenya National Bureau of Statistics data."

2) China is preparing to lend kenya more money for Railway - feasibilities studies for extension are complete - and China will sign it off early next year.

3) Ghana cannot borrow in next decade anywhere outside IMF/WB/AFDB. It definitely cannot borrow from Eurobond or domestic market until it's investment grade - somewhere in 2040. Even kenya now cannot borrow. It has to repair it rating to investment grade.

You must be rated above above BBB- or Baa to be investment worthy - meaning you can borrow. Junk like Ghana needs two decades or more to get back there.


Just30:
lunatic

Because Kenya ties with China has cooled off due to Kenya defaulting on Chinese debt ... You guys have horridly turn the begging bowl to the West smooching grin

A rating downgrade does not mean shit except for the fact that it will increase your next borrowing cost.
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just30: 10:35am On Dec 24, 2022
rvp2018:
1) Kenya has had and has no problem with paying off China debt. The reason Railway Development Fund - 1.5% of any import to kenya is levied RDL - that annually.

RDL since 2013 has raised 1.5B dollars. China requires annually 80M dollars - RDL alone - raises 1.5% of 20B dollars - which is 300M dollars.

"Conservative estimates show that since 2013, the RDL has generated a staggering $920 million based on the rate of growth in the value of imports, which increased from $13.2 billion in 2012 to $17 billion last year according to Kenya National Bureau of Statistics data."

2) China is preparing to lend kenya more money for Railway - feasibilities studies for extension are complete - and China will sign it off early next year.

3) Ghana cannot borrow in next decade anywhere outside IMF/WB/AFDB. It definitely cannot borrow from Eurobond or domestic market until it's investment grade - somewhere in 2040. Even kenya now cannot borrow. It has to repair it rating to investment grade.

You must be rated above above BBB- or Baa to be investment worthy - meaning you can borrow. Junk like Ghana needs two decades or more to get back there.
What ever makes you happy...

Trying convincing the world that you didn't just have to take a few million dollars fine from China to add to the debt you already can't pay and asking china for renegotiation despite all the years in moratorium they gave Kenya grin grin

Ghana bond holders will ensure that Ghana can borrow next year.

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 10:36am On Dec 24, 2022
I gave you a link to your own audited soverign wealth - and you're rebutting with generic description.
Where are your funds invested in.
US treasury bills and bonds?
Or Ghana

I know you thought they were cash sitting somewhere - where you can use it to pay debt. Never mind they are also empty - having been drawn down regularly. If you add all of them - they are not even a billion dollars smiley

Just30:
Lunatic

You're really desperate grin grin grin

Let me attached for your reading where all the funds are invested. You can take interest in the part where it said not in Ghana. grin grin
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just30: 10:40am On Dec 24, 2022
rvp2018:
I gave you a link to your own audited soverign wealth - and you're rebutting with generic description.
Where are your funds invested in.
US treasury bills and bonds?
Or Ghana
I guess you don't know that what I posted is the law governing the Committee responsible for investing Ghana sovereign wealth funds...

grin grin grin

Are you asking that question after reading what you just read?

Ghana sovereign wealth funds are invested into so many countries debt as well as debt guaranteed by IMF and WB.

Let me post it for you to read again so you can be ashamed grin

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 10:41am On Dec 24, 2022
Yes China caused COVID and we will ask them to extend the repayment for railway from 30yrs to 50yrs. If they refuse - we will pay. Debt must be repaid.That minister was my college friend - and was recently with China ambassador - nailing the next stage of the railway funding.

Kenya and Uganda are preparing to sign two big railway loans from China now.

Just30:
What ever makes you happy...

Trying convincing the world that you didn't just have to take a few million dollars fine from China to add to the debt you already can't pay and asking china for renegotiation despite all the years in moratorium they gave Kenya grin grin

Ghana bond holders will ensure that Ghana can borrow next year.

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by rvp2018: 10:43am On Dec 24, 2022
Invested in so many unnamed countries?
Just30:
I guess you don't know that what I posted is the law governing the Committee responsible for investing Ghana sovereign wealth funds...

grin grin grin

Are you asking that question after reading what you just read?

Ghana sovereign wealth funds are invested into so many countries debt as well as debt guaranteed by IMF and WB.

Let me post it for you to read again so you can be ashamed grin
Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just30: 10:47am On Dec 24, 2022
rvp2018:
Invested in so many unnamed countries?
The country names ain't important to us as long as it follow theses rules. Mostly European debt

Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Just30: 10:50am On Dec 24, 2022
rvp2018:
Yes China caused COVID and we will ask them to extend the repayment for railway from 30yrs to 50yrs. If they refuse - we will pay. Debt must be repaid.That minister was my college friend - and was recently with China ambassador - nailing the next stage of the railway funding.

Kenya and Uganda are preparing to sign two big railway loans from China now.
China cause what ? grin grin

You mean the US caused COVID and made China their ground zero in an attempt to subdue their economy...

Cosmetics photoshoot for now as China has withdrawn and assessing all their exposure to funding belt and road projects by denying funding to most countries like Kenya.

grin grin
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