Or maybe Yemi Kale cooked the GDP and it doesn't make sense anymore. I mean naturally in every country including Kenya - the bulk of taxes - will come from income tax - that is salaries - so I don't know how Nigeria formal employees manage to avoid paying taxes. If you remove the oil revenue from the taxes - basically GDP (Yemi Kale concoction) to tax ratio is nothing.

My question 1) How do nigeria employees avoiding paying taxes 2) How do Nigeria companies some listed in Nigeria stock exchange including those 20 big banks avoiding paying taxes? -MTN Nigeria alone should be paying more than 1B USD per year. In kenya - top 10 companies - contribute about 2B USD AS TAXES?

As for kenya - we are not doing so well - we are just at I think 20% - GDP to tax ratio - while likes of South Africa are 25-30% with Scandinavian countries doing 50%.But still projection for 2018/2019 is that we will collect 17B USD!

In short Nigeria or LAGOS so called GDP DO NOT MAKE ANY ECONOMIC SENSE. Totally COOKED. OVERCOOKED. In my own estimation...Nigeria GDP should be around 150-200B USD! - about twice - at worse thrice kenya! - But DEFINITELY WAY LESS THAN SOUTH AFIRCA AND EGYPT.

nwoke37:


People barely pay taxes and if they do they're low in Nigeria.Many people and companies avoid paying taxes through their cunning ways. Gosh, some of the richest Nigerians don't pay tax. Nigeria is a petrol state, so it can afford to not collect tax for a while. But after the oil price fell, the government fell the pinch and now they're working on diversifying revenue and increasing the tax net. Nigeria has one of the lowest,if not the lowest, tax to gdp ratio in the world.

Sorry when I meant Kenya one was at infancy - I didn't mean to compare with Nigeria stillborn one. Kenya social program has been active since 2012 - and it has actively & regularly & monthly - without miss - remitted about 0.5B dollars to disable, orphans, vulnerable and the old (anybody above 7oyrs).It also remit monthly money to those dealing with hunger & drought in northern arid kenya. I think when you factor the contribution from donors...the total spending is about 1B USD. South Africa are on 13B usd...but soon we will catch up.

Kenya also has long running National Health Insurance and National Social Pension (NSSF) - since I think 1980s - Nigeria one is at it's infancy - started around 2000s - and now in kenya the focus is UNIVERSAL HEALTH INSURANCE - meaning everyone will be covered by health insurance.

nwoke37:


We also have a welfare program for 1.5 million Nigerians, too small though, started by this current regime.
[url]https://www.bloomberg.com/news/articles/2017-06-21/nigeria-rolls-out-2-billion-brazil-like-social-welfare-plan
[/url]

http://punchng.com/nigeria-deploys-social-welfare-scheme-help-poor/

nwoke37:


Nigeria has plenty private domestic airlines. Dana Air, Medview, Air peace... the list goes on.. those are the three big ones

Yes,but why is Lagos-Sbuja only 530 km a whooping 100 DOLLARS!?

Lagos to Abuja

We've scanned 57,041,044,297 round trip itineraries and found the cheapest flights to Abuja. Dana Air & ASKY frequently offer the best deals to Abuja flights, or select your preferred carrier below to see the cheapest days to fly.
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https://www.farecompare.com/flights/Lagos-LOS/Abuja-ABV/market.html#quote?quoteKey=CLOSCABV20180515R20180522P1CTF

HELP US UNDERSTAND WHY IS ALL.

Kikuyu1
Please help me understand Nigeria revenue
BUDGET 2018
Revenue N'trillion
Oil revenue 2.44
Non oil revenue 1.33 (3.6BUSD) -------------------this is about the total taxes collected in 500B giant economy ! seriously niga?
Independent sources (+others) 2.84
Deficit 2.00
Aggregate revenue + borrowing 8.61

rvp2017:
Only 44 aircrafts in the entire Nairaland as of 2017!!!!!!!!!!!!!!!!! - nothing like dreamliner of course - in Nigeria - and their stats office will claim - airline contribute 10B dollars to their GDP

HAIYYEEEE!? Btw,Naijjans we're not hating-we're trying to understand how the Giant ended up in this situation. Won't Dangote be investing in your aviation industry anytime soon?

TayserMahiri:


But the FA 18 is better suited for the navy why do the Indians prefer it for airforce as you say. It doesnt even have a good range. The Indians should opt it for their Vikrant-class aircraft carriers. They are great for sorties.

Don't know how their military structures work or even if their navy has a dedicated air-wing.

Our Naval Super lynx are almost exclusively used on our Frigates and auxiliary ships yet its flown by our Air force........ So how they tend to use their FA 18s I have no idea.

rvp2017:
Kenya lead Africa in admission to IVY league schools
https://www.capitalfm.co.ke/campus/kenyans-bag-top-admissions-ivy-league-universities-u-s/
ale Director for Africa “Kenyans continue to hold the largest share of admissions to Yale from Africa, which shows the premium the country puts on quality education.” Data from Yale University provided information on the admission rates of African students with Kenyans taking the biggest slice of the pie with 24 admissions. Nigerian followed closely in admissions with 23 students, Zimbabwe secured the third spot with 18 admissions and South Africa were in last with 16 admissions.

Proportionally we lead student numbers.

“Kenyans continue to hold the largest share of admissions to Yale from Africa, which shows the premium the country puts on quality education,” Yale director for Africa Eddie Mandhry said on the sidelines of the Africa CEOs forum in Geneva, Switzerland.

https://www.nation.co.ke/business/Kenya-tops-African-peers-in-students-intake-at-Yale/996-3859688-1439k5p/index.html


IN FACT YALE IS CONSIDERING SETTING UP A CONSTITUENT COLLEGE IN THESE PARTS!

Mr Mandhry said that Yale is considering partnering with Strathmore Business School in Nairobi in business and management courses.

“Strathmore is quite phenomenal in business courses,” he said.

I've said countless times,photo spam or highly selective data mining isn't necessary-just the facts. Again,our s hit is real.

rvp2017:
Kikuyu1
Please help me understand Nigeria revenue
BUDGET 2018
Revenue N'trillion
Oil revenue 2.44
Non oil revenue 1.33 (3.6BUSD) -------------------this is about the total taxes collected in 500B giant economy ! seriously niga?
Independent sources (+others) 2.84
Deficit 2.00
Aggregate revenue + borrowing 8.61

Your obsession with Nigeria is real, are you a Nigerian?

rvp2017:
Or maybe Yemi Kale cooked the GDP and it doesn't make sense anymore. I mean naturally in every country including Kenya - the bulk of taxes - will come from income tax - that is salaries - so I don't know how Nigeria formal employees manage to avoid paying taxes. If you remove the oil revenue from the taxes - basically GDP (Yemi Kale concoction) to tax ratio is nothing.

My question 1) How do nigeria employees avoiding paying taxes 2) How do Nigeria companies some listed in Nigeria stock exchange including those 20 big banks avoiding paying taxes?

As for kenya - we are not doing so well - we are just at I think 20% - GDP to tax ratio - while likes of South Africa are 25-30% with Scandinavian countries doing 50%.

But still projection for 2018/2019 is that we will collect 17B USD!

Our tax GDP ratio is 19%,the Giant is at 6%!?

The Federal Government is committed to doubling Nigeria’s tax to Gross Domestic Product (GDP) ratio from its current six per cent to 12 per cent by year 2020.

Read more at: https://www.vanguardngr.com/2018/02/fg-double-tax-gdp-ratio-2yrs-adeosun/

Btw,that's the finmin speaking.

That would be so unfortunate. Your country is hopeless.

Daejoyoung:

Your obsession with Nigeria is real, are you a Nigerian?

kikuyu1:


Our tax GDP ratio is 19%,the Giant is at 6%!?



Read more at: https://www.vanguardngr.com/2018/02/fg-double-tax-gdp-ratio-2yrs-adeosun/

Btw,that's the finmin speaking.

Yeah the Nigerian tax to GDP is low because Government can survive on oil. Low tax to GDP ratio is common to many oil producing nations but that of Nigeria is worse, probably due to the fact that it's a largely informal economy. Services contribute the most to GDP alongside agriculture, but it's largely informal and not regulated in a way.
Nigeria must work on this, and must make other sectors as developed and organized as our oil sector.

rvp2017:
That would be so unfortunate. Your country is hopeless.

You must be a Nigerian Mr Google. Only a Nigerian can be this passionate about Nigeria.

rvp2017:
Kikuyu1
Please help me understand Nigeria revenue
BUDGET 2018
Revenue N'trillion
Oil revenue 2.44
Non oil revenue 1.33 (3.6BUSD) -------------------this is about the total taxes collected in 500B giant economy ! seriously niga?
Independent sources (+others) 2.84
Deficit 2.00
Aggregate revenue + borrowing 8.61

What happened is that certain people made a career of lying with stats. Careers were made,papers written and worst of all policies planned on FICTION!
This is why all their true development stats and consumption data read like Burundi or Burkina faso and even pros regularly highlight Naij's fake stats. Here's Prof Hanke,a world renowned economist and his take recently. Look at his graph when y0ur inf was 100%+.

Why is the IMF so far off base? Because it is doing what it often does: it is taking the Central Bank of Nigeria’s (CBN) official inflation data at face value. That official rate averaged 14.3 percent from January to August of this year. For the IMF forecast to materialize, official annual inflation in Nigeria would need to average 17.6 percent for the September through December period. What did the latest inflation report from the Central bank of Nigeria show? According to the CBN, annual inflation was 17.9 percent in September. The IMF’s blind acceptance of the CBN’s data is a big mistake.

https://www.zerohedge.com/news/2016-10-18/nigeria-spins-out-control-and-imf-remains-unaware

Why did Sanussi,former CBN gov tell PMB to forget about the 30 bn $ loan last year? Surely,for a 500 bn$ economy that's small potatoes?

In our small way we're a global force-look at that Good Country Index and before commenting see the data sets and ranking.

The Good Country Index ranks 125 nations based on how much they do for others globally in seven areas: science and technology, culture, international peace and security, world order, planet and climate, prosperity and equality, and health and well being.

The ranking was created by merging of 35 data sets produced by organizations like the UN, WHO, and UNESCO over a period of nearly 3-years, according to The Economist.

"What I mean by a 'good country' is a country that contributes to the greater good," Simon Anholt, an independent policy advisor who made the index, told Business Insider. "We’ve given each country a balance-sheet to show at a glance whether it’s a net creditor to mankind, a burden on the planet, or something in between."

http://www.businessinsider.com/good-country-index-2014-6?IR=T

kikuyu1:


What happened is that certain people made a career of lying with stats. Careers were made,papers written and worst of all policies planned on FICTION!
This is why all their true development stats and consumption data read like Burundi or Burkina faso and even pros regularly highlight Naij's fake stats. Here's Prof Hanke,a world renowned economist and his take recently. Look at his graph when y0ur inf was 100%+.


https://www.zerohedge.com/news/2016-10-18/nigeria-spins-out-control-and-imf-remains-unaware

Why did Sanussi,former CBN gov tell PMB to forget about the 30 bn $ loan last year? Surely,for a 500 bn$ economy that's small potatoes?

In our small way we're a global force-look at that Good Country Index and before commenting see the data sets and ranking.


http://www.businessinsider.com/good-country-index-2014-6?IR=T

Well it's not surprising to me that Nigeria is a 500 Billion dollar economy or even more. Countries with large populations and natural resources tend to have large economies as well, this is simply normal. The problem is when the GDP per capita is low as is the case with Nigeria.
l think you Kenyans need a course or two on Economics. GDP is not a measure of the amount in Government coffers, but the worth of goods and services in total from that country, the Government depending on oil may not be worth more than 60 Billion dollars but the country as a whole could be worth more. Population plays a key role in the total worth of goods in a country, for example the total worth of tea produced in Kenya would multiply by almost threefold in Nigeria same with telecommunication sector where Nigeria has over 100.6 million mobile users currently( that's already more than double the total population of Kenya) etc.
So high GDP is expected for Nigeria, but we have low GDP per capita.

kikuyu1:


What happened is that certain people made a career of lying with stats. Careers were made,papers written and worst of all policies planned on FICTION!
This is why all their true development stats and consumption data read like Burundi or Burkina faso and even pros regularly highlight Naij's fake stats. Here's Prof Hanke,a world renowned economist and his take recently. Look at his graph when y0ur inf was 100%+.


https://www.zerohedge.com/news/2016-10-18/nigeria-spins-out-control-and-imf-remains-unaware

Why did Sanussi,former CBN gov tell PMB to forget about the 30 bn $ loan last year? Surely,for a 500 bn$ economy that's small potatoes?

In our small way we're a global force-look at that Good Country Index and before commenting see the data sets and ranking.


http://www.businessinsider.com/good-country-index-2014-6?IR=T

So you need the white man's statistics to affirm that you are at least contributing something to the world?
The last time l checked, most of the revolutionary breakthroughs of the 21st century such as Facebook and Instagram still comes from the U.S, and the strength of the USA is her combination of cultures and so many immigrants having her as home.
You cannot compete with the West by looking out for recommendations in those western statistics. We have to learn to think out of the western box in order to be creative in our own way.

You don't make much sense. That is probably because you attended one of Nigeria bad universities. GDP doesn't measure or factor population. It suppose to measure goods and service produced.All this from empirical data that is cross-referenced/checked for accuracy. For instance Telcom - you can have 140M mobile customers - but what are earnings of all Nigeria telcom sector? The fake Nigeria GDP claims your telcom sector is 10% of the economy - that is whopping 50B dollars created annually - can you show me where that 50B worth of TELCOM services in Nigeria annually? What data did Kale Yemi use to cook that?

To help you and Yemi Kale -- here is what South African think their telcom sector is worth (2.7% of their GDP)
Excluding broadcasting and postal services, the telecommunications industry was worth R148.8bn in 2016, with its value increasing by 1% year-on-year. The sector contributed 2.7% to GDP and employed 26,669 people, according to the Independent Communications Authority of South Africa

And Kenya
2012--The value of Kenya's ICT sector is estimated at US$ 500 million and is expected to grow to US$ 1 billion by 2017. ▻ The sector contributed 2.9% to Kenya's GDP in 2012. Now I think i'ts about 2B dollars worth of services. All this from Communication Authority of Kenya that rigorously collect and analyse data - and have it validated by the very best economist & researchers - NOT COOKED DATA.

And the Nigeria con-statistician - out of the blues - Nigeria telcom sector created $50B annually and 10% of GDP. And yet it struggling to raise 3B taxes..

And trust me Nigeria telcom is crap when compared to South Africa & Kenya. You just have 150m or more doing very little beyond making calls & texting!!

Daejoyoung:

Well it's not surprising to me that Nigeria is a 500 Billion dollar economy or even more. Countries with large populations and natural resources tend to have large economies as well, this is simply normal. The problem is when the GDP per capita is low as is the case with Nigeria.
l think you Kenyans need a course or two on Economics. GDP is not a measure of the amount in Government coffers, but the worth of goods and services in total from that country, the Government depending on oil may not be worth more than 60 Billion dollars but the country as a whole could be worth more. Population plays a key role in the total worth of goods in a country, for example the total worth of tea produced in Kenya would multiply by almost threefold in Nigeria same with telecommunication sector where Nigeria has over 100.6 million mobile users currently( that's already more than double the total population of Kenya) etc.
So high GDP is expected for Nigeria, but we have low GDP per capita.

Thanks dude - at least one Prof - who has taken the time to understand the whole Nigeria GDP charade

kikuyu1:


What happened is that certain people made a career of lying with stats. Careers were made,papers written and worst of all policies planned on FICTION!
This is why all their true development stats and consumption data read like Burundi or Burkina faso and even pros regularly highlight Naij's fake stats. Here's Prof Hanke,a world renowned economist and his take recently. Look at his graph when y0ur inf was 100%+.


https://www.zerohedge.com/news/2016-10-18/nigeria-spins-out-control-and-imf-remains-unaware

Why did Sanussi,former CBN gov tell PMB to forget about the 30 bn $ loan last year? Surely,for a 500 bn$ economy that's small potatoes?

In our small way we're a global force-look at that Good Country Index and before commenting see the data sets and ranking.


http://www.businessinsider.com/good-country-index-2014-6?IR=T

There is nothing black or white about stats or facts. These are COLD HARD EMPIRICAL DATA.

Daejoyoung:

So you need the white man's statistics to affirm that you are at least contributing something to the world?
The last time l checked, most of the revolutionary breakthroughs of the 21st century such as Facebook and Instagram still comes from the U.S, and the strength of the USA is her combination of cultures and so many immigrants having her as home.
You cannot compete with the West by looking out for recommendations in those western statistics. We have to learn to think out of the western box in order to be creative in our own way.

rvp2017:
You don't make much sense. That is probably because you attended one of Nigeria bad universities. GDP doesn't measure or factor population. It suppose to measure goods and service produced.All this from empirical data that is cross-referenced/checked for accuracy. For instance Telcom - you can have 140M mobile customers - but what are earnings of all Nigeria telcom sector? The fake Nigeria GDP claims your telcom sector is 10% of the economy - that is whopping 50B dollars created annually - can you show me where that 50B worth of TELCOM services in Nigeria annually? What data did Kale Yemi use to cook that?

To help you and Yemi Kale -- here is what South African think their telcom sector is worth (2.7% of their GDP)
Excluding broadcasting and postal services, the telecommunications industry was worth R148.8bn in 2016, with its value increasing by 1% year-on-year. The sector contributed 2.7% to GDP and employed 26,669 people, according to the Independent Communications Authority of South Africa

l never said GDP measures or factors population rather l said population is a major influence in GDP, read again. Your level of understanding is quiet low, this is why you Google without understanding anything.
Learn to assimilate, analyse and ask questions, don't just Google anyhow. l don't blame you though, it may be that you are just a product of a shambolic educational system.

The Nigerian Communications Commission (NCC) says the telecommunications sector contributed[b] N1.54 trillion to the country’s Gross Domestic Product (GDP) in the second quarter of 2017.[/b]

NCC’s Executive Vice-Chairman, Umar Dambatta, disclosed this while receiving the visiting Chairperson of Liberia Telecommunications Authority (LTA), Madam Angelique Weeks.

Mr. Dambatta, a professor, said that the figure was derived from recently released Bureau of Statistics’ report on the economy.

The News Agency of Nigeria (NAN) reports that the National Bureau of Statistics (NBS) in its second quarter Gross Domestic Product GDP report had on August 29 announced Nigeria’s exit from recession after it slumped early 2016.

He said the figure showed that the telecommunications sector contributed 9.5 per cent to the GDP in the second quarter of the year.

According to him, the figure represents a 6.68 per cent increase from the first quarter’s contribution of N1.45 trillion.

“We are very proud of the remarkable contributions the sector is making,” Mr. Dambatta said in a statement.

“Even in the recent times when the whole economy was facing challenges, the sector has remained resilient and stable.”

Source.. Premiumtimes Nigeria.

So rvp2017, you can find out more about the telecommunications sector and stop comparing Nigeria to South Africa.
l know you wouldn't understand anything you read though and this is why l never take you seriously when l read your post, because you are a comic relief on this thread.

rvp2017:
I really don't have time to go through all IVY league schools so will wait for some aggregated stats somewhere but suffice to say - it's Nigeria that need to fix it's education - not kenya - which the last decade has really fixed it's own.

The number of Nigerian students in America has been on a general upward trend since the 1990s as a result of recurring crises in Nigerian higher education. According to statistics from the Institute of International Education, or IIE, in 2008 Nigeria replaced Kenya as the only African country in the top 20 places of origin and it remains in that position.

“In the 2012-13 academic year, 7,316 students from Nigeria were studying in the United States, up 4% from the previous year,” noted an IIE fact sheet flowing from its latest Open Doors survey on student mobility in and out of America.

You "really don't have time" to go through stats that support your chest-beating claim that Kenya is "leading in IVY league admissions"? If you had no such time, why make a claim you can't substantiate? Kenya does not need to fix its education? You do know Kenya is a country that ranks 146 on the UN Development Index? Armpits of the earth, Nigeria ranks 152. Congrats for that massive advantage.

Where do you get these delusions from?

Obi1kenobi:


You "really don't have time" to go through stats that support your chest-beating claim that Kenya is "leading in IVY league admissions"? If you had no such time, why make a claim you can't substantiate? Kenya does not need to fix its education? You do know Kenya is a country that ranks 146 on the UN Development Index? Armpits of the earth, Nigeria ranks 152. Congrats for that massive advantage.

Where do you get these delusions from?

lol I'm surprised myself, he speaks of Kenya like he's speaking of Japan.

This is exactly what is wrong with Nigeria. The NCC is quoting figures from NBS . In the rest of the world - it would be NBS quoting NCC. NCC would be collecting data every Quarter and that will be what NBS can use to cross-reference.

Daejoyoung:
The Nigerian Communications Commission (NCC) says the telecommunications sector contributed[b] N1.54 trillion to the country’s Gross Domestic Product (GDP) in the second quarter of 2017.[/b]

NCC’s Executive Vice-Chairman, Umar Dambatta, disclosed this while receiving the visiting Chairperson of Liberia Telecommunications Authority (LTA), Madam Angelique Weeks.

Mr. Dambatta, a professor, said that the figure was derived from recently released Bureau of Statistics’ report on the economy.

The News Agency of Nigeria (NAN) reports that the National Bureau of Statistics (NBS) in its second quarter Gross Domestic Product GDP report had on August 29 announced Nigeria’s exit from recession after it slumped early 2016.

He said the figure showed that the telecommunications sector contributed 9.5 per cent to the GDP in the second quarter of the year.

According to him, the figure represents a 6.68 per cent increase from the first quarter’s contribution of N1.45 trillion.

“We are very proud of the remarkable contributions the sector is making,” Mr. Dambatta said in a statement.

“Even in the recent times when the whole economy was facing challenges, the sector has remained resilient and stable.”

Source.. Premiumtimes Nigeria.

First understand what GDP is and we can proceed. Population has NO bearing. It only comes into play during Per Capita calculation. What is measured is good and services produced/consumed. Our Kenyan tea is measured based on quantity produced and prices it fetches - and the same case with service sectors.

I'd love to hear how Nigeria telcom sector contribute 10% of the 500B USD! This Nigeria GDP is intriguing. It's audacious in the way it's overcooked.

Sadly for you - nobody believe it.

1) NO lender believes it - so you're not getting any loan soon.Kenya when it's issued it Euro-bond (now 4B dollars) it was oversubscribed by 8000%. Chinese have pumped loans worth more than 10B dollars. Because we have revenue (taxes) that can repay the loan. Nigeria with measly 36B budget - cannot even pay decent wages to teacher or army.

2) NO Investor believes it- so no FDI for you. You have to wait for sole man Dangote to try his monopolistic and corrupt ways.

SO your GDP is basically useless...except for lying Nigeria politician to cheat you that "Nigeria is Africa GIANT". Really - when did South Africa and Egypt die

Daejoyoung:
So rvp2017, you can find out more about the telecommunications sector and stop comparing Nigeria to South Africa.
l know you wouldn't understand anything you read though and this is why l never take you seriously when l read your post, because you are a comic relief on this thread.

Sorry but Kenya has been fixing and improving things. Education - we use to send more student to US and rest than Nigeria (yeah giant of 200m!!) but from 2008 - we started investing massively in our universities...from 7 public universities and 4 private one a decade ag - we now have more than 60 universities!!! And Kenyans are not flying abroad to study - unless it's to IVY league schools.

Enrollment has shot up from 50,000 to nearly 0.5M now!!!!!!!!!!!!!!!!!! See the last decade huge investment in Universities here - buying off Nairobi Skyscrappers for town campus - leave alone huge expansive campus where their main campus lies.
Nairobi university - 20 floors

Moi University Nairobi Campus - that whole building.

Jomo Kenyatta Nairobi campus - that whole building belong to them.

Mt Kenya University Nairobi Campus -

KEMU university

Maseno University - Kisumu
[img]https://masenoonlinenoticeboard.files./2013/08/image21.jpg[/img]

And so many skyscrappers in major towns owned by universities.

Private ones
[img]https://masenoonlinenoticeboard.files./2013/08/image21.jpg[/img]

Obi1kenobi:


You "really don't have time" to go through stats that support your chest-beating claim that Kenya is "leading in IVY league admissions"? If you had no such time, why make a claim you can't substantiate? Kenya does not need to fix its education? You do know Kenya is a country that ranks 146 on the UN Development Index? Armpits of the earth, Nigeria ranks 152. Congrats for that massive advantage.

Where do you get these delusions from?

rvp2017:
Sorry but Kenya has been fixing and improving things. Education - we use to send more student to US and rest than Nigeria (yeah giant of 200m!!) but from 2008 - we started investing massively in our universities...from 7 public universities and 4 private one a decade ag - we now have more than 60 universities!!! And Kenyans are not flying abroad to study - unless it's to IVY league schools.

Enrollment has shot up from 50,000 to nearly 0.5M now!!!!!!!!!!!!!!!!!! See the last decade huge investment in Universities here - buying off Nairobi Skyscrappers for town campus - leave alone huge expansive campus where their main campus lies.
Nairobi university - 20 floors

Moi University Nairobi Campus - that whole building.

Jomo Kenyatta Nairobi campus - that whole building belong to them.

Mt Kenya University Nairobi Campus -

KEMU university

Maseno University - Kisumu
[img]https://masenoonlinenoticeboard.files./2013/08/image21.jpg[/img]

So you have just 60 universities and for that you wouldn't let us be?

rvp2017:
First understand what GDP is and we can proceed. Population has NO bearing. It only comes into play during Per Capita calculation. What is measured is good and services produced/consumed. Our Kenyan tea is measured based on quantity produced and prices it fetches - and the same case with service sectors.

I'd love to hear how Nigeria telcom sector contribute 10% of the 500B USD! This Nigeria GDP is intriguing. It's audacious in the way it's overcooked.

Sadly for you - nobody believe it.

1) NO lender believes it - so you're not getting any loan soon.Kenya when it's issued it Euro-bond (now 4B dollars) it was oversubscribed by 8000%. Chinese have pumped loans worth more than 10B dollars. Because we have revenue (taxes) that can repay the loan. Nigeria with measly 36B budget - cannot even pay decent wages to teacher or army.

2) NO Investor believes it- so no FDI for you. You have to wait for sole man Dangote to try his monopolistic and corrupt ways.

SO your GDP is basically useless...except for lying Nigeria politician to cheat you that "Nigeria is Africa GIANT". Really - when did South Africa and Egypt die

Again for the last time ( tired of repeating myself). Population is a major ingredient influencing GDP growth( or a factor in a large or small gdp) but GDP by itself is not measured based on population? Do l still need to break this down or do you want to google?

rvp2017:
Sorry but Kenya has been fixing and improving things. Education - we use to send more student to US and rest than Nigeria (yeah giant of 200m!!) but from 2008 - we started investing massively in our universities...from 7 public universities and 4 private one a decade ag - we now have more than 60 universities!!! And Kenyans are not flying abroad to study - unless it's to IVY league schools.

Enrollment has shot up from 50,000 to nearly 0.5M now!!!!!!!!!!!!!!!!!! See the last decade huge investment in Universities here - buying off Nairobi Skyscrappers for town campus - leave alone huge expansive campus where their main campus lies.
Nairobi university - 20 floors

Moi University Nairobi Campus - that whole building.

Jomo Kenyatta Nairobi campus - that whole building belong to them.

Mt Kenya University Nairobi Campus -

KEMU university
[img]https://www.the-star.co.ke/sites/default/files/styles/new_full_content/public/1101538.jpg?itok=SEa3OFwg[/img[

Even Somalia or South Sudan are improving things. That's different from coming here claiming you have "fixed" your education sector. And no, you didn't used to send more students to the US than Nigeria. Neither do Kenyans only go to the Ivy league to study. You could do to any low-ranked school in the UK or low-ranked HBCU's in the US and find Kenyans prominent among the student body. Quit your chest-beating delusions.
Your pictures have nothing to do with your earlier claim that you couldn't substantiate claiming more Kenyans are admitted to the Ivy league.

We are making progress forward - unlike Nigeria that is regressing every year - we are moving toward South Africa level.

Since 2008 - we were leading - but we decided not to ship ALL THAT FOREX OUT - but improve our universities and let kid study here - so every yr we are sending less and less kids out- and saving that forex which we invest in our own universities.

2017 - FOREX KAPUT
The International Educational Exchange data released by the Institute of International Education (IIE) shows that there are 11, 710 Nigerian students currently pursuing their educational goals in the United States, an increase of 9.7% over 2016. Kenya ranks second among African countries with a total of 3189 students in the U.S. and Ghana comes in third with 3111 students. Overall, the number of African students in the United States climbed to 37,735, an increase of 6.7% from 2015/2016. Fifty six percent are pursuing undergraduate degrees and 28.7 % are involved in graduate studies.

KENYA led until 2008 - when we woke up and started saving that forex - and investing locally!!!!!!! Wake up Nigeria.

Daejoyoung:

So you have just 60 universities and for that you wouldn't let us be?

Whack theories...population has to be productive...otherwise if they are like Nigerian...they aint producing no GDP bro!

Daejoyoung:

Again for the last time ( tired of repeating myself). Population is a major ingredient influencing GDP growth( or a factor in a large or small gdp) but GDP by itself is not measured based on population? Do l still need to break this down or do you want to google?

Nigeria is not improving things. Same with South Sudan. Somalia is trying. Ohoo yeah until 2008 - Kenyans send more student to US than Nigeria - those are facts. But we have improved things locally - and parents don't need to send students abroad! And you have seen pictures of the massive investment we have channeled to higher education. Now we have decided enough with universities - and are now investing massively on mid-level colleges - we realized we need technical workers to produce GDP

Obi1kenobi:


Even Somalia or South Sudan are improving things. That's different from coming here claiming you have "fixed" your education sector. And no, you didn't used to send more students to the US than Nigeria. Neither do Kenyans only go to the Ivy league to study. You could do to any low-ranked school in the UK or low-ranked HBCU's in the US and find Kenyans prominent among the student body. Quit your chest-beating delusions.
Your pictures have nothing to do with your earlier claim that you couldn't substantiate claiming more Kenyans are admitted to the Ivy league.