₦airaland Forum

You're the next to go bonkers after Just30 madman. The signs are there.

samorobo:
@rvp 1.3b ksh is roughly 1.3usd. You are a bloody joke. Log off already.your sgr have been running into losses since inception just like KQ.

Do you have have functional cargo train in Nigeria?

68816419:
Do u even know that the value given was only for passengers and not the Cargos?

The raw anger - and we just go started. Construction to start this year. Nairobi might become the World Most Dynamic City.

samorobo:
Stupid update. This will remain in design stage up on till the next century just like konza tea farm joke.

I think we are beyond impressing you - you've basically dug every slum in Kenya to try validate your slumpolis.
Polite reminder that it's complete .
And that 8 - now 9 towers of River Estate are coming up very fast.
And many more

https://www.youtube.com/watch?v=iOKbv-X8aq0

samorobo:
Oh I have seen both of this videos. What where you expecting to impress me in this videos?

Bla de bla of bleating goat.

Just40:
you are running mad .....

The Kenyan economy is 80% public sector run..


The Moroccan and Algerian economies are more private sector run .. on the level of SA

Sorry kenya is not going to provide company for your misery
You wish Kenya Railways was ferrying 400 passengers per day like Nigeria hopeless Railway
My friend Kenya Railways - Nairobi Commutter rail alone ferries close to 15,000 if not now 30,000 people in Nairobi alone - daily - each pays 100shs.
Kenya SGR run more than 15 cargo trains every day from Mombasa to Naivasha. It carries about 2 million passengers annual. 4 passengers train daily - all full.
The old MGR run cargo trains from Mombasa to Malaba - the border with Uganda.
Old MGR now run passengers services from Nairobi to Kisumu and Nairobi to Nanyuki

68816419:

Last year - Jan-June - SGR alone - 80M dollars - run by Chinese AfriStar . There is MGR and Nairobi Commuter rail run by KR.
https://www.businessdailyafrica.com/bd/economy/sgr-posts-33pc-rise-in-jan-june-revenue-3517802
Revenue generated from cargo and passenger services on the standard gauge railway (SGR) rose by 33 percent in the six months to June, lifted by a rebounding economy, official statistics show.

Data by the Kenya National Bureau of Statistics (KNBS) shows that the passenger and cargo trains generated Sh7.936 billion in the period, up from Sh5.963 billion in a similar period last year.

Jamestown123:
Lol. Does kenya railway make 200m dollars per annum? Since you seems to know it all, why don't you simplify this things for me to understand?

Please this beyond your paygrade. Wait until I get to pictures and videos. Then you will make meaningful contribution.

Jamestown123:
Kenya railway service 761m shillings. 200m dollars annually is about 22b shillings. The question is, does kenya railway service make 22b shillings annually?

Kenya GDP is 110B. Not 100B. That was in 2019 when it hit 99B. You cannot compare Kenya with Algeria and Morroco in some aspect. Both Morocco and Algeria have big problem in structure of their economy - its entirely public sector - with very little private sector. It's why Algerians have escaped to France and Europe. Both of those countries need to figure out how to grow private sector like kenya has done.

My prediction - Kenya will overtake Morroco in 2 - max 3 yrs. I hope we shall be hear. Now the gap is just 20B dollars or less.

obaaderemi:

Even with faking, Kenya's GDP is less than $100bn.
He and his hangers on have failed to post any credible source to back up their claims. Instead they resorted to their usual ad hominem.

You're arguing like an idiot. Ihub was co-founded by one my friend and classmate. There are many hubs in Nairobi. It is just a building - a co-working space. What is big deal about it.

Let talk data. Data we have suggest Nigeria start up have worse failure rate than in Kenya.

It plain obvious - they probably spend more time worrying about generator fuel than working.

obaaderemi:
RIP, all this noise does nothing against the fact that your startups are doing badly. Look at ihub for example. It is your biggest innovation hub yet had to be rescued by Nigerians. Facts are stubborn things, skeleton.
Don't have time to type a novella this morning.

Kenya is receiving decent investment in tech - swinging with hopeless NIgeria for top spot the last few years. When it come to FDI that typically come to Africa - that natural extraction - of course we are doing badly - and we couldnt be LUCKIER. We have avoided the Nigeria or Congo or Africa natural resources curses...instead we have built a well diversified liberized market economy that is almost BULLET PROOF...not even COVID can take it down...maybe civil war.

We are attracting FDI in sectors that create jobs. We are also second to South Africa in Sub Saharan Africa for investing in other Africa countries.

Just40:
why is Kenya not attracting any serious investment?

I have and answer based on your country reality but I want to see what you think

Kenya is not a zoo. If you want to study the Kenya Railways financial statement - they are available.

Kenya Railways is one prime assets of Kenya gov - with assets of nearly 8B dollars.

Of course it has liability of 5.2B dollars from Chinese - that it borrowed to build Mombasa-Nairobi-Naivasha SGR and it's rolling stock

It also generate now more than 200M dollars annually - although it making huge losses - as the loan repayment to Chinese has to be factored in financial reporting.

Kenya gov is only the guarantor...but we expect Kenya Railways not only to become operationally profitable but to eventually pay for it's debt.

FACTS are stubborns things.

obaaderemi:
So what's that fool, RIP barking about?
Their sgr has lost money consistently.

Obaboon, Kenya was at nearly 50 in world in ease of doing business - Only Mauritus, Rwanda and Morrocco was better. Nigeria as always is clustering with worse in the world. It start from electricity, lack of basic infrastructure, totally incompetent gov, insecurity - how can you as start up thrive in such circumstance.

And yes i have seen data that most Nigeria tech start up - fail the most. Your nigeria diaspora are pulling silicon valley funding but trust me they will leave without their shirts.

I hope they dont besmirch other thriving African countries in the process by thinking business in africa will fail.

obaaderemi:
You have to blame little India for this anomaly. They claim to have many tech firms, and they're not making money. Their ihub was recently taken over by Nigerians. So I know what I'm talking about.
Useless country.

Nairobi Railway city - regeneration of Nairobi city get UK funding of design - Kenya gov to fund the construction that start this year at 250M dollars

https://www.theeastafrican.co.ke/tea/business/uk-firm-set-design-246-6m-railways-city-in-kenya-3686766

https://www.youtube.com/watch?v=935Y-PMNlQ8

https://cdn.standardmedia.co.ke/images/tuesday/mhetolixu6s4wjszsrs85f293414cc3e9.jpg


''The construction of this project will be fully financed by the Kenyan government. UK's firms KPMG and Atkins Global are only handling the research and design work,'' Ford said in a press interview.

Yesterday, Atkins Global presented a preliminary design for the multi-model urban development project to be referred to as the Nairobi Railway City.

“UK firm Atkins Global has been appointed to design Nairobi’s new Central Train Station and associated public realm, which will provide the centrepiece of Nairobi Railway City,” Ford said.

Samrobo I see you're desperate for my attention with your juventile rants - I got big reply for all your nonsense. It is in this video

https://www.youtube.com/watch?v=9zQvPTPpPps

And it's night version

https://www.youtube.com/watch?v=3geimRsiQDE

That is revenue. You havent even factored the cost of building the railway because you're a zoo that use oil money. In kenya we expect the rail to eventually pay for itself after turning profitable.
Revenues of 5M dollars is big joke for a quarter.
Kenya Railway monthly revenues are about 30m dollars.

68816419:
Sad looser always shifting from one point to other, previously you said it wasn't making profit at all and the patronage was too tiny, I debunked your lies, now you changed the sentence to the profits made are too small while not considering the fact that the figures given were monthly values and not yearly.
Do u also know that the Cargo services hasn't started?

Check return on investment. Kenya startups make money. Nigeria do not make money. Anybody stupid to invest in a zoo has himself to blame.

theenchanter:
oh, u blame Nigeria. I thought u doofus usually claim to command the largest share of start-ups investment? Why put the blame on Nigeria?

Explain to me like a kid.
Red line is 37 kms with 12 stops.
That mean a stop every 3km.
Why would you go shopping for high speed train?
How stupid is your entire gov?
You need a train that runs at 30kms per hour....not 330KPH
High speed train will cost more money to buy , more money to run, more money to maintain.
That is probably why Chicago didnt buy it.
Now spanish found bonobos from African to sell it.
330KPH is good if you were deploying express services btw say Lagos and Ibandan or even better Lagos - Abuja.

theenchanter:
if not that u're suffering from chronic intellect deficiency, wouldn't u know that trains doesn't necessarily need to run at their maximum speed?

Nigeria! I blame Nigeria. Anybody stupid enough to invest there will cry. They will spend more money running generators than doing anything

Appisko:
African startups return the least to investors.

This is quite bad for Africa. Startups need lots of education.

But seriously who bewitched you. Why would YOU need 330KMH train for metro line in lagos. That will be hopefully stopping every few meters if not kilometers.

You went and bought train that was meant to commute btw Milwaukee and Chicago - a distance of 150kms - to use it in Lagos slumpolis distance of 40kms - with 12 stops.

It will be a spectacle. 330Km high speed train stopping every 3kms. Man

theenchanter:
He was even economical with the speed rate. The speed of the train is actually 330km/h.

Convert that N2B naira into dollars and log off - 5m dollars. That mean anually your railway is earning 10M USD or 1B kshs. SICK JOKE.

68816419:
You must be out of your senses, comparing a dead rail project with a system that is almost at it's brake even point, should be the craziest comparison on Earth.
NRC increases frequency of Lagos-Ibadan train service from 2 to 3 daily, while from 4 daily trip to 5 on Abuja-Kaduna route even without the commencement of cargo

You're twisting and turning tying yourself in a knot. South Africa nominal GDP is stuck and kenya will need 15yrs max to get her.

jl115:
I asked you specifically what was South Africa's GDP ppp in 2010 and you said it was 416 billion.........that has nothing to do with comparisons but your inability to either read properly or understand the difference between PPP and nominal

They are that crazy. They spend 1B dollars almost to build Abuja light rail that carries 400 passengers. The same for Ibandan-Lagos. Nigeria is a crazy place...totally bonkers.

Dont wonder where all the oil money went to - crazy stuff like those. AJeoukota steel mill rusted to ground after 8B dollar expenditure. Obasanjo spend 20B dollars to build power sector of 12,000MW - now they can barely get 2,000MW running.

What do we expect with primary school dropout as their head of state... Mono rail in calabar and grandioise projects now rusting to the ground

Nigerians are the purest of Bonobos

gallivant:
You Nigerians are ret@rds. Should we build double tracked highways for the wildlife?

We are comparing apples with apples. oranges with oranges.

jl115:
GDP PPP do you know what that is?

370B in 2010 and 416B in 2011. You're now back 10yrs. And expect the old same middle class rut. Do not be so delusional - you can do better than a west african by realizing what is holding your economy is not going to be easily resolved. Zuma been gone for 4yrs now. The economy of RSA will not grow in this decade...maybe next.

jl115:
what was our GDP ppp in 2010

Yet another Jewel in Westland - West Africa will reach here in next century if they work real hard

https://www.youtube.com/watch?v=iOKbv-X8aq0

Stop embarrasing yourself with iron roofed shacks

Just40:
Whatever happens in Accra also happens in Kumasi, Takoradi, Cape Coast, Ho and all other regional towns and cities.


Development must touch everyone's life



https://www.youtube.com/watch?v=_zAMsxESQ8E

The usual madness from resident mad man.

Just40:
look well again .... They all have more trees than most Kenyan neighborhoods ...

Or should I repeat the green city index for you again?

Anyway, you forgot to add untarred roads

Obaboon in his default mode. We are waiting for final quarter figures but chance are high it will exceed 110B - although Kshs is weaking against USD. I gave you IMF estimates of 109B.

obaaderemi:
After you post relevant source to back your GDP claim.

If you watch this Nigerian youtube and read the comments - it very clearly - West Africa has LOOOOOOOOOOOOOng way to go in almost all aspect of urban life.


https://www.youtube.com/watch?v=zH85eq7dhcg

Is tarmac, concrete and lack of trees your definition of luxury -

Dont keep show us the same CRAP again and again.

Best estate yes should look like your village in urban area - because that most natural way to life the best quality of life - meaning lots of space (land size), lots of greenery, lots of trees, grass - and then features like golf courses, international schools, hotels with different cuisines, malls and all that.

Just40:
that is how villages look in West Africa

You're a 100 years from catching up with Ghana.
Learn that and know peace..

If you have this or this on repeat, you'll know why development everywhere matters... consistency


https://www.youtube.com/watch?v=4U4p3eEcnI4

https://www.youtube.com/watch?v=RdjoFzJRfY0

Describe the mess in 10 words.

obaaderemi:
Always a mess decorated with a few trees.