Obi1kenobi:


Those negative figures from what I can see are only measuring the budget deficit. It has no reflection on the actual monetary size of the budget. Also, while I can see the sense in the question of measuring the dollar value of Kenya's currency and Nigeria's, I'd still say its application here is low. We're not comparing Nigeria to Norway here where the price of a beer might be almost 10 times higher than in Nigeria. It's Nigeria and Kenya: two African 3rd world nations. Many things are costlier in Nigeria than Kenya. Many analysts have pointed out Nigeria's road construction industry is one mega scam. Our costs per km of road are some of the highest in the world. The same applies to bridges, tunnels, flyovers etc. Just read the absurd figures that were quoted for Fashola's Ikoyi link bridge, Kwankwaso's Kano flyover and compare the cost of the rail project in Lagos with countries like Tanzania, Ethiopia and even Kenya. Nigeria has some of the highest cement prices in the world. So there's no fair metric to objectively measure what Kenya's budget can do compared to Nigeria's.

As I pointed out earlier, several analysts of our budgets have pointed out how abysmally low it is and how it can accomplish next to nothing. At a minimum, every country should be looking at at least 10% of its GDP as budget. Many countries are higher as 20% like Kenya. The US runs a $4 trillion budget from a GDP just over £18 trillion. We can't even hit 5%.

Some of you at least understand the essentials!

Kenya’s Tax-to-GDP ratio currently stands at 19.3 percent, which is the 2nd highest in non-oil economies within Africa, and the highest within the EAC where the average stands at 14.8 percent.

http://www.capitalfm.co.ke/business/2017/07/kra-misses-20162017-revenue-target-sh50bn-collecting-sh1-365tr/

The Minister of Finance, Mrs. Kemi Adeosun, has lamented that with a tax to Gross Domestic Product (GDP) ratio of six per cent, the country is rated one of the lowest in the world.

https://www.thisdaylive.com/index.php/2017/04/23/adeosun-nigerias-tax-to-gdp-ratio-among-lowest-in-the-world/

My goodness! We compare with the Bahamas,Belarus,Costa Rica,Ghana and Morocco. Naij compares with Afghanistan! Only Angola does worse!!
https://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_to_GDP_ratio

How do you invest in the land of House Niggers and drug paddlers, human traffickers and prostitutes

kwametut:
One of you fools mentioned travelling South Africans are travelling more than before. Unfortunately nigger area is not in their wish list, we go to Kenya, Egypt, Algeria,Luanda or Asia and Europe, Americas, Oceania.

This is the last time i will warn you

freshest4live:

Majority of Nigerian businesses are not listed in the stock exchange. This has always been a well known fact.

So are majority of businesses in any other country. LAWD, why are you Nigerians so closed up? Normal things elsewhere make you feel so special.

freshest4live:

Maybe during the recession from early 2015, but it's not surprising if the tax to GDP is the lowest in Africa. There's no way the statistics can be cooked to fool everyone, it only stems from your own delusional comparison of Kenya to Nigeria.
Kenya is way too small, and even from a long time ago in the nineties, Nigeria was already way above 150 Billion dollars, and of course you would expect this for a population her size, and of course with the large informal sector, some posit the nominal GDP is even much higher than 500Billion dollars.
Note that our GDP is no longer 594 Billion dollars but now around 405 Billion dollars.

Even at 405 B it makes no sense. 20B is a mere 5% of 405. No way a country with 405B GDP can fail to finance a 20B budget.
You sound a little intelligent. Stop being like Obagay-ass

PS......

All countries have an informal sector that's unaccounted for......Especially third world countries. Another case of viewing yourself as unique over normal things.

Daverytimes:
It's a shame that one person in here gets away with repeatedly calling others "NIGGER", and everyone acts like that's normal. Whether he is African or not such behavior should not be acceptable, truly shameful.

Many insults are traded here. It is hypocritical to focus on one person and their single insult in your condemnation.

Daverytimes:
It's a shame that one person in here gets away with repeatedly calling others "NIGGER", and everyone acts like that's normal. Whether he is African or not such behavior should not be acceptable, truly shameful.

no one answers him because he needs some social rehabilitation

This Weekend in Eldoret City, Kenya

Sepetuka 7s.

Sepetuka Sevens, Eldoret

Sepetuka Sevens

Sepetuka Sevens, Eldoret

Sepetuka Sevens

Be exposed to the beauty of Lagos

forgiveness:


Hahaha! No near am oooo.

Take atori or pankere dey flog am from afar else...na you know.

Bwuahahaha.The dog has already escaped.He broke the leash but I will find him.Oh,I see him already.He is trying to get help from his fellow pervert,kwamekrazy.He is running away from me but he can't hide.I am actually flogging the f.aggot with koboko from afar.You know I am in Nigeria and kiberawalker is in kibera,so I am safe from his fingers since he has no di.ck.But the ones I pity are the little kids around him in kibera.He must have defiled many little boys but wherever he is,his sins will find him out.

Daverytimes:
It's a shame that one person in here gets away with repeatedly calling others "NIGGER", and everyone acts like that's normal. Whether he is African or not such behavior should not be acceptable, truly shameful.

Does he sound like a sane person to you.Even the kenyans ignore him except for a couple of them who are really crazy and desperate like.Do you see any sane kenyan quoting him.The guy is black but hates his black skin so much he blames other blacks.He worships whites.

TayserMahiri:
This Weekend in Eldoret City, Kenya

Sepetuka 7s.

msee naona unajiejoy siku hizi saana
Nice pics

kikuyu1:


Some of you at least understand the essentials!


http://www.capitalfm.co.ke/business/2017/07/kra-misses-20162017-revenue-target-sh50bn-collecting-sh1-365tr/


https://www.thisdaylive.com/index.php/2017/04/23/adeosun-nigerias-tax-to-gdp-ratio-among-lowest-in-the-world/

My goodness! We compare with the Bahamas,Belarus,Costa Rica,Ghana and Morocco. Naij compares with Afghanistan! Only Angola does worse!!
https://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_to_GDP_ratio

Nigeria's budget as % of GDP is low even compared to some African countries but like someone has explained before;Nigeria's has 36 states and each of these 36 federating units has its own budget.Lagos for example has a budget of 800bn naira(2017)That's over $2bn.And all 36 states have theirs.I don't know how it is done in kenya.Many businesses and individuals are not taxed in Nigeria and it affects government revenue.

make up your mind naija please....

Obafemi Awolowo University

https://www.wotzup.ng/oau-hostel-room-tattered/

Obafemi Awolowo University loading...

mtis:
Obafemi Awolowo University loading...

Kenyan jails are better than this. lol.

samsobo24:
it means there is no monopoly,there are other smart taxi cabs in Nigeria.
Even taxi cab operators are going against it.
The UK is not also liking it.

Dude, in Kenya there are smart taxi apps for individual towns. This Nyota Rides smart App is for Eldoret City.

mtis:
make up your mind naija please....

Obafemi Awolowo University

https://www.wotzup.ng/oau-hostel-room-tattered/

That name should be A-wololo !

What on Earth

Treat yourself to some staggeringly beautiful, Kenyan-Made, Wooden Range Rover.

Godbless Nigeria, Good people and great Nation!


Happy Independence Nigeria!!!



Up 9ja!

TobiTobiTobiWhy:
Godbless Nigeria, Good people and great Nation!


Happy Independence Nigeria!!!



Up 9ja!

Happy Independence Day,my good man.

mtis:
Obafemi Awolowo University loading...

That uni is a shadow of its former self.It's not even ranked number 3 in Nigeria.But how come only 3 kenyan universities rank above Obafemi Awolowo University in the African rankings?Only 3 in the whole of kenya.

TayserMahiri:
Treat yourself to some staggeringly beautiful, Kenyan-Made, Wooden Range Rover.

Nigeria makes real cars;Innoson Vehicles,owned by an Igbo/Nigeria.Does kenya own any indigenous car plant?Real cars, not wooden Range Rovers.

obaaderemi:
Happy Independence Day,my good man.

God bless Nigeria bro

when is Kenya's independence