₦airaland Forum

Mkenya2019:
Let assume Kenya was fined 10 million dollars for delayed payment..now imagine the fines coming your way after you declared bankruptcy..Ghana literally should not feature until 2040 in a serious debate.See you in 2040.

I like the delusional world you live in.



Just imagine how much more trouble is coming your way because of you current bankruptcy.

French banks are taking your govt to court and you're still here making noise

Mkenya2019:
Let assume Kenya was fined 10 million dollars for delayed payment..now imagine the fines coming your way after you declared bankruptcy..Ghana literally should not feature until 2040 in a serious debate.See you in 2040.

it is not assumption , it is for real , why assuming ? Let's see how Ghana will be sanctioned first.

China which is one of your big gods owns and has fines you . Go worshipped their feet .

vaxx:
it is not assumption , it is for real , why assuming ? Let's see how Ghana will be sanctioned first.

China which is onec of your big gods owns and has fines you . Go worshipped their feet .

Bankrupt Ghana talking..the cheek.Youre down and out

Mkenya2019:
FIX electricity first before you talk companies..outside South africa companies and shell..you are dead..your tax collection will be almost zero as economy is large informal.

Rubbish from a pained hater. So all those banks doing well are not paying tax?

Obaaderemi2:
Rubbish from a pained hater. So all those banks doing well are not paying tax?

The only reason Dangote and BUA are not even amongst top ten is because alongside NNPC they fund road constructions in the PPP arrangement. I think MTN only responsible for Enugu-Onitsha road. Glo also one road.
If that weren't the case, Dangote and BUA are also amongst top ten tax payers alongside MTN and Airtel.
Then there is Zenith Bank, very big tax payer as well.

Please tell me you're joking

Shaytun:
Lmao, MUMU man.

Ruto is not fixing anything, his daughter just established the OFFICE OF THE FIRST DAUGHTER

Kenya is officially a banana republic

GeneralDae:
The only reason Dangote and BUA are not even amongst top ten is because alongside NNPC they fund road constructions in the PPP arrangement. I think MTN only responsible for Enugu-Onitsha road. Glo also one road.
If that weren't the case, Dangote and BUA are also amongst top ten tax payers alongside MTN and Airtel.
Then there is Zenith Bank, very big tax payer as well.

That mad man doesn't know anything about Nigeria. He reads nairaland front page and runs with whatever he sees there.

Obaaderemi2:
That mad man doesn't know anything about Nigeria. He reads nairaland front page and runs with whatever he sees there.

Why the bitterness when I state facts .mtn contribute almost 800 billion naira..30 percent of your federal taxes outside oil.Within oil..Shell and BP do the same

This university of Ghana is so massive and beautiful !

vaxx:
An aerial view of Diaspora Halls at the University of Ghana, Legon.

Pls note , Diaspora hall aren't only for international student , they are local student in it as well. There is special international hostel which is located in the campus as well. Do not let the name decive you. The international hostel has more swags than this

Mkenya2019:
Why the bitterness when I state facts .mtn contribute almost 800 billion naira..30 percent of your federal taxes outside oil.Within oil..Shell and BP do the same

Hater, NNPC was the highest tax payer in Nigeria in 2021. It's a wholly owned Nigerian company unlike Kenya where the highest taxpayer is Safaricom, owned by foreigners.

Ikeja train station for the redline rail project is going as planned

built right behind the ikeja BRT TERMINAL which means you have option to pick from either to take the BRT after alighting from the train and it will also be connected to the MURITALA MUHAMMED INTERNATIONAL AIRPORT


https://www.youtube.com/watch?v=tO3LQqmIK3Y

Ikeja Bus terminal (Better than anything in Kenya)


https://www.youtube.com/watch?v=G2gbNmWKptE

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

Obaderemi2, Shaytun, 68816419, and anyone else:

These were Tinubu's thoughts and criticism on the Nigerian Economy 10 years ago ( March 8, 2013) in one of his birthday colloquium.

FORMER Lagos State Governor, Asiwaju Bola Ahmed Tinubu, yesterday, dissected Nigeria’s economy and declared that the country was operating a voodoo economic policy that is pauperising the citizenry and urged urgent economic surgery to save the polity.

For instance, Tinubu wondered why the Federal Government is maintaining a foreign reserve of $46 billion with one or two per cent interest and shouldering a load of $42 billion domestic debt, which it services with 16 per cent interest.
“This is voodoo economy,” he said, adding, “they are operating it because they don’t know what to do. It is choking the private sector.

“We must in this country do away with the idea of ‘it is better save the money and spend the people.’ Rather I will say we should adopt the policy of ‘it is better to save the people and spend the fund.’

”We must reform our philosophy about economic development. First, we must reform the financial sector so that it becomes an effective artery that sends funds to the heart of the real sector. The Federal Government must formulate a national industrial policy that would focus on developing labour-intensive industries.”

Your thoughts and honest criticisms/support?

https://www.vanguardngr.com/2013/03/nigeria-operating-voodoo-economy-tinubu/

GeneralDae2:
Obaderemi2, Shaytun, 68816419, and anyone else:

These were Tinubu's thoughts and criticism on the Nigerian Economy 10 years ago ( March 8, 2013) in one of his birthday colloquium.

FORMER Lagos State Governor, Asiwaju Bola Ahmed Tinubu, yesterday, dissected Nigeria’s economy and declared that the country was operating a voodoo economic policy that is pauperising the citizenry and urged urgent economic surgery to save the polity.

For instance, Tinubu wondered why the Federal Government is maintaining a foreign reserve of $46 billion with one or two per cent interest and shouldering a load of $42 billion domestic debt, which it services with 16 per cent interest.
“This is voodoo economy,” he said, adding, “they are operating it because they don’t know what to do. It is choking the private sector.

“We must in this country do away with the idea of ‘it is better save the money and spend the people.’ Rather I will say we should adopt the policy of ‘it is better to save the people and spend the fund.’

”We must reform our philosophy about economic development. First, we must reform the financial sector so that it becomes an effective artery that sends funds to the heart of the real sector. The Federal Government must formulate a national industrial policy that would focus on developing labour-intensive industries.”

Your thoughts and honest criticisms/support?

https://www.vanguardngr.com/2013/03/nigeria-operating-voodoo-economy-tinubu/

The man is very brilliant. He knows what to do and he has idealistic people around him. I'm sure he'll be 1000times better than that kunu drinking lazy one called Buhari. This thing he said is akin to what Franklin Roosevelt did to lift America out of the great depression of the 30s. Roosevelt said the solution was for America to spend itself out of poverty and depression. He put money into the real sector and America has not looked back since.

W

cossano:
This university of Ghana is so massive and beautiful !

it is premier university . This is where most of Ghanaian radical politicians were trained and some of the finest best brain lawyers too. we are so proud of her. UGMC ( the university hospital is the most advance technological best university hospital in the country .

Mkenya2019:
Bankrupt Ghana talking..the cheek.Youre down and out

Kenya and her debit just like england and her tea .

The way December in Ghana is going, one day, one day, I will meet Cristiano Ronaldo at Avenor and when I think my day is made, there is Messi at Abossey Okai. Only to see Usain Bolt at St Theresa's traffic light on my way home. Hm.

Obaaderemi2:
Hater, NNPC was the highest tax payer in Nigeria in 2021. It's a wholly owned Nigerian company unlike Kenya where the highest taxpayer is Safaricom, owned by foreigners.

NNPC has never paid a dime in 40yrs. SAFARICOM is kenya company and don't contribute even 5 percent of our taxes

Just30:
The way December in Ghana is going, one day, one day, I will meet Cristiano Ronaldo at Avenor and when I think my day is made, there is Messi at Abossey Okai. Only to see Usain Bolt at St Theresa's traffic light on my way home. Hm.

Seek medical help..we are in January and nobody like smell of raw sewage

Obaaderemi2:
The man is very brilliant. He knows what to do and he has idealistic people around him. I'm sure he'll be 1000times better than that kunu drinking lazy one called Buhari. This thing he said is akin to what Franklin Roosevelt did to lift America out of the great depression of the 30s. Roosevelt said the solution was for America to spend itself out of poverty and depression. He put money into the real sector and America has not looked back since.

You have to wait for Tinubu to tell you the obvious...

Mkenya2019:
You have to wait for Tinubu to tell you the obvious...

It's something sane people have always known. There's no reinvention of the wheel here. I said Roosevelt did it in the 90s, unless of course you are ignorant about Roosevelt and the great depression.

Mkenya2019:
NNPC has never paid a dime in 40yrs. SAFARICOM is kenya company and don't contribute even 5 percent of our taxes

2021 NNPC was the biggest taxpayer here. This is not Kenya where a foreign owned company, Safaricom is biggest taxpayer.

Mkenya2019:
Seek medical help..we are in January and nobody like smell of raw sewage

itchy fingers ... Everyone important was in Ghana this December and they're still here.

Just30:
itchy fingers ... Everyone important was in Ghana this December and they're still here.

Like who...

Obaaderemi2:
2021 NNPC was the biggest taxpayer here. This is not Kenya where a foreign owned company, Safaricom is biggest taxpayer.

NNPC has never paid dividend in its 40yrs of existence..it always make losses...and even when they claimed to be profitability..they didn't pay.Safaricom ceo and chair are Kenya.. Vodafone own 40 percent..35 percent is Kenya gov...25 percent Kenya public

Obaaderemi2:
It's something sane people have always known. There's no reinvention of the wheel here. I said Roosevelt did it in the 90s, unless of course you are ignorant about Roosevelt and the great depression.

Stop throwing names.Keynesian models are well studied. YOU NEED COMMON SENSE IN NIGERIA. FIX forex controls and you won't need to keep lots of forex reserves. You only need four months worth of imports.That is about 32b.So TINUBU is exaggerating the extra forex you keep if import bill is 80b..if its 60billion..you need 24b..at minimum

Mkenya2019:
NNPC has never paid dividend in its 40yrs of existence..it always make losses...and even when they claimed to be profitability..they didn't pay.Safaricom ceo and chair are Kenya.. Vodafone own 40 percent..35 percent is Kenya gov...25 percent Kenya public

You just read something from Nigerian media and you don't understand. When they say NNPC doesn't make dividends, it's almost like saying the Nigerian Government doesnt show dividends to the public after paying herself and doing everything. NNPC has always been an instrument of the Nigerian Government right from the 1970's making all her money for corrupt Government, boosting reserves with billions of dollars yearly but either declaring losses or not even declaring profits or dividends to the public the way a normal company should.

It was ran like a big corrupt entity, just financing the Nigerian Government only (and making losses) until now, and even now, it is not yet fully commercialised and still corrupt. However, Buhari has signed a bill in 2021, that would eventually see it operate like a fully commercialised entity listed on the Nigerian stock exchange (June 2023).

Mkenya2019:
Stop throwing names.Keynesian models are well studied. YOU NEED COMMON SENSE IN NIGERIA. FIX forex controls and you won't need to keep lots of forex reserves. You only need four months worth of imports.That is about 32b.So TINUBU is exaggerating the extra forex you keep if import bill is 80b..if its 60billion..you need 24b..at minimum

That's why I said there's no reinvention of the wheel in the case. But I guess you are just hearing about the Keynesian economics and Roosevelt's idea. Because your forex reserve is always low doesn't mean it has to be the same for everyone. Oil and other commodities exporters need high forex reserve because like in the case of Nigeria price of oil might drop significantly and if we don't have good level of forex reserve, that could hurt the currency and economy more seriously than it does. In fact China has about $3tr of forex reserve. You might want to advise them to reduce it like Kenya, olodo.

Mkenya2019:
NNPC has never paid dividend in its 40yrs of existence..it always make losses...and even when they claimed to be profitability..they didn't pay.Safaricom ceo and chair are Kenya.. Vodafone own 40 percent..35 percent is Kenya gov...25 percent Kenya public

Vodafone is the biggest shareholder of Safaricom. Period.

Mkenya2019:
Like who...

T pain
Usher
Meek mill
Vic Mensa
Dave Chappelle
Chance the rapper and his family
Kanye and his team
Every single African artists you know

The list is endless and most of them have been here for e months.

They've all added new festivals to the already packed detty December party month

Polo beach club, 7h30 🙂
📍Accra, Ghana https://t.co/12AA299eUb pic.twitter.com/6epa0cYthL

— Carla Brrr (@Carla_brrr) January 5, 2023

Ghanaians 7am at the Polo Beach Club celebrating 2023 pic.twitter.com/4CfLSXK7ll

— AccraGuy🇬🇭 (@AccraGuyy) January 1, 2023

6:32am in Ghana 🇬🇭 pic.twitter.com/dZXcc7nxzz

— Jae Murphy (@JaeMurphy) December 30, 2022

No way this is a real place pic.twitter.com/xr1ONFco2g

— yungsquat 🇭🇹 (@Nissafitt) January 2, 2023

See. Accra rules the world, Don’t let anybody lie to you. Just pure vibes pic.twitter.com/nVxCggGdhU

— Vision DJ (@VisionDj) January 1, 2023

I was hoping to see footballers given the post was about Ronaldo, Messi, etc
I am seeing black muscians.

In kenya almost all those stars have come to kenya to holiday

For example - Former@ChelseaFC coach Tuchel spending time in Malindi, Kenya.

[quote author=Just30 post=119796012]T pain
Usher
Meek mill
Vic Mensa
Dave Chappelle
Chance the rapper and his family
Kanye and his team
Every single African artists you know

The list is endless and most of them have been here for e months.

They've all added new festivals to the already packed detty December party month

Polo beach club, 7h30 🙂
📍Accra, Ghana https://t.co/12AA299eUb pic.twitter.com/6epa0cYthL

— Carla Brrr (@Carla_brrr) January 5, 2023

Ghanaians 7am at the Polo Beach Club celebrating 2023 pic.twitter.com/4CfLSXK7ll

— AccraGuy🇬🇭 (@AccraGuyy) January 1, 2023

6:32am in Ghana 🇬🇭 pic.twitter.com/dZXcc7nxzz

— Jae Murphy (@JaeMurphy) December 30, 2022

No way this is a real place pic.twitter.com/xr1ONFco2g

— yungsquat 🇭🇹 (@Nissafitt) January 2, 2023

See. Accra rules the world, Don’t let anybody lie to you. Just pure vibes pic.twitter.com/nVxCggGdhU

— Vision DJ (@VisionDj) January 1, 2023

]

Obaaderemi2:
Vodafone is the biggest shareholder of Safaricom. Period.

Government shareholding is what matters. Vodafone is a multifaced org owned by different entities. Thus say, allow me to update your low memory capacity.

Again, the government shareholding matters. KE govnt owns 35%_ 14B to 15B _which is a direct ticket to ownership. local shareholders are more than 20%_ meaning Kenya consumes pretty much 60% of the total shareholding.

If your Government was owning 30% of MTN, then MTN would be a Nigerian entity. Government shareholding is paramount - YOU SHOULD KNOW THAT.

Again Keynesian or Roosevelt not what you're looking for.
You're looking for free market - capitalism - demand and supply magic.
You forex problems is down to the decision to have many windows of exchange rates including black market one that is double the official rate.
The solution is simple.
Freely float Naira. Stop subsidizing a few fat cats with official rate or allowing them to become billionaires via arbitratage.
Once you freely float Naira... Naira will weaken or strength based on it's fundamentals.
The real value of USD/Naira/ Euro/Naira will be determined by the market.
Forex will flow in and out like nobody business.
It will stop being a issue - for importers or exporters or nigerians.

Kenya did it. Ghana did it. Almost all Africa countries have done it except Nigeria led by criminal stupid gangs.

The fear that Naira will weaken so much is most likely unfounded. Freely float Naira and watch it.


If you elect Peter Obi - you'll have made huge step forward. He is only one who knows what ail Nigeria.

I dont pray but I will try to pray you elect Peter Obi.

It such a shame to have a country like Nigeria or DRC being poor.

Obaaderemi2:
That's why I said there's no reinvention of the wheel in the case. But I guess you are just hearing about the Keynesian economics and Roosevelt's idea. Because your forex reserve is always low doesn't mean it has to be the same for everyone. Oil and other commodities exporters need high forex reserve because like in the case of Nigeria price of oil might drop significantly and if we don't have good level of forex reserve, that could hurt the currency and economy more seriously than it does. In fact China has about $3tr of forex reserve. You might want to advise them to reduce it like Kenya, olodo.