₦airaland Forum

Kennyswagzz:
yeah right.. el rufai is the only governor that can make it happen

samorobo:
It started in 2014 and dredging was expected to take 3 years or so but at so point the Projects experience some sort of slow down.....

They are done with dredging now.abd from the video you can tell that construction has commenced..


https://www.youtube.com/watch?v=Nw04UPxkDY8

Nigeria real estate sector was hit hard by 2016 recession but gradually the real estate sector is on the rise....
Never you think that the govt are meant to fund this cities, it is meant for the private sector not state fund..

theenchanter:
Abeg, who knows where the suffering guy is posting? He said it's Lagos but those places are not Lagos.

SUFFERInSMILIIN:
while the lazy follow blind men the heroes fight for their right

SUFFERInSMILIIN:
[s]You sit down and Fool Yourself for money tonight that Nigeria is the paradise of the world why you are suffering and smiling. But me I do not sit down I fight for change I fight for better living a fight for better condition I am a Hero not a coward[/s]

kikuyu1:
I think I can see Dangote's compound. Err, no I can't-carry on!

SUFFERInSMILIIN:
Nigerians you need to understand why I am doing this because I love my country so much and the country is not just working people are suffering all over my country the country is falling apart it's time some people stand up and speak out. Stand up get up fight for your right.

samorobo:
Elderly jokes....how old are you sir

theenchanter:
Abeg, who knows where the suffering guy is posting? He said it's Lagos but those places are not Lagos.

Aderr:
Knocking on 50. He was much younger when he discovered nairaland.

popizaino:
Don't mind him that's the expressway in Ìbàdàn.

Aderr:
Knocking on 50. He was much younger when he discovered nairaland.

TayserMahri:
Accra is half the size of Mombasa So says an unbiased observer.

Mkenya2019:
When you open operations or factories abroad why would you export goods...you just bring hard currency back home.That is how we survived with huge trade deficit.In SSA outside South Africa for like 30yrs we have been the second biggest FDI source to Africa..our companies open factories or branches or subsidiaries abroad...we certainly run East Africa. For first time Ghana is doing that with mpharma..we started doing regional expansion in late 90s.

Mkenya2019:
List a few or that is all...name any sector in Kenya...and you'll find our companies running the show with only competition from South Africa firms.Talk of oil downstream business...we run the show as far down as Mozambique.Think of any sector and you'll find Kenya companies helping build the formal private sector for banana countries like Ghana.

tylann:
real life experiences not paper talk and theories

rvp20182:
Kenya is not Nigeria Look for another put-down - not electricity. Kenya has like what 90% renewable energy - and you guys just added tonnes of very expensive thermal power the last few years - that you're paying 1B dollars for idle capacity.

Jonraid:
https://www.globenewswire.com/news-release/2019/11/19/1949567/0/en/ALYI-Alternet-Systems-Confirms-100-Million-Electric-Vehicle-Production-Facility-Project-Kick-Off-Underway.html

A 100 million dollars plant for EV planned for Kenya!

rvp20182:
The 'lying' propaganda was around 2014 when KPLC had like 2M customers - now the number has reached nearly 8M customers - and growing annually at 1M plus new customers. kenya is nailing electricity acess - the least you talk about it the better for your poor mental health.

Now when you talk about idle expensive thermal power - you do realize you have like 2,500MW idle power - excess capacity should maybe be around 20% - and you're paying huge price - and have started defaulting & terminating contracts -

As regard renewable energy - kenya is star there - we are retiring diesel plants - and right now - no africa country has our mix of renewable electricity - hydro, geothermal, wind, solar -

As for VRA ( whatever that mean) and our SGR - you're just out of IMF bail out no 16. Next year - we will see another IMF bail out.

If VRA is that rich - why are your terminating international contracts - and attracting the ire of the americans.

rvp20182:
You omitted the date.Mar 17, 2008. Yes Kenya began at very low base of 15% of electrification - and we have moved now to nearly 80% in about 10 yrs - the fastest electrification rate in the world - and we will achieve REAL TRUE universal access way before you get there.

As for termination IPPS - you got jokes - you'll suffer SERIOUS CONSEQUENCES - concentrate on financing your underfunded energy sectors choking with debt - and pay for N-GAS

Who builds thermal plants of 3,000MW in this century?

rvp20182:
Opinions are dime a dozen. But Ghana electricity is on a debt crisis now. The energy debt crisis is sending you back to IMF BAILOUT NO 17

The IMF forecasts the debt stock will reach 63% of GDP at the end of December, from 51% in January. Not all of that is due to the energy contracts. A bailout of the banking sector has also added to the debt as investors fear a repeat of excessive spending in the run-up to elections, of which the next is scheduled for December 2020.

Finance Minister Ken Ofori-Atta, who will present the 2020 budget next week, has warned that the sector’s “unsustainable” liabilities may amount to $12.5 billion -- about a fifth of gross domestic product -- by 2023 from about $2.5 billion in January.

This is Bloomerg a week ago.....predicting doom again.

https://www.bloomberg.com/news/articles/2019-11-08/how-having-too-much-energy-creates-a-debt-problem-for-ghana

rvp20182:
Pray for Oil. Pray for Aluminum. Pray for Gold. Pray for Cocoa. AND PLEASE PRAY FOR CHINA - because if China loses appetite for minerals - GHANA COME CRASHING AGAIN.

And come learn from Kenya how to survive without either - by having a diversified economy.

NiggaArea:
Boko Haram have been defeated,

If American Army has been fighting Alqaeda for over 10yrs, does it mean that alqaeda is stronger than the US army? or the US army is inferior?

You people should stop the propaganda,

Nigeria can take on the entire Sub Sahara Africa on war and win them all.

Nigeria remains the Giant of Africa[/b]

vaxx1:
foolish country..

""kenya Electricity -
about 15% of the national populace.
Use of electricity in urban areas as the source of lighting - 42%; although kerosene lamps still remain the main source of lighting for 55% of households.

Kerosene for lighting in rural households - 87%
As of 2007, the contribution of the energy sector to the overall tax revenue was about 20%, equivalent to 4% of GDP. The sector provides direct and indirect employment to an estimated 16,000 persons[3].

It costs approximately Ksh 35,000 (EUR 318.18) to connect to the national grid and about 0.1145 EUR equivalent per kWh of electricity service.

[b]These are relatively high costs that pose a major obstacle to the expansion of electricity connections to low-income households and small businesses, [/b]which can therefore benefit from decentralized alternative sources of energy, such as solar""


what a country