₦airaland Forum

How does Solid Waste become a waste water treatment. You need proper modern sewage system - right from every household - piped to that waste water plant.

But you're making good progress in Solid Waste.

I am not sure about organic fertilizers with all the heavy metals there. It probably better to generate thermal electricity with it.

Just30:
Africa's Largest Recycling facility is fully operational in Kumasi
The plant also handles electronic waste and medical waste.

It handles 100% of solid waste in the entire Region.

It comes with a waste water treatment facility to handle the region entire waste water treatment.

Africa only recycle 4% of it waste


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

https://www.youtube.com/watch?v=3dNLhTpW8bg



https://www.youtube.com/watch?v=KLy4nUWC5Co

A classic example of Nigerian bad education. You gov has of course little money for social investment like quality education. What hell has this got to do with tax or revenue to GDP?

If your oil and gas industry is 9% of the GDP - and yet it contributes 80-90% of the revenues (which is 6% of the GDP) then what does this mean to you?

It mean that 90% of your GDP contribute - that is whopping 360B (bigger than South Africa) - can only contribute 7B dollars - that is what UGANDA does. Tiny Rwanda of 10M - with zero minerals - is doing nearly 3B dollars.

That kind of question I am afraid is to complicated for a west african undeveloped brain.

theenchanter:
first and foremost, Nigeria has more oil reserve than Algeria and more expected year of depletion, Algeria has about 80 more years of oil while Nigeria has x4 of that. Algeria recently started to produce high bpd of oil while Nigeria has been producing since the 80s...... My point, Algeria already has a high tax-to-gdp rate compared to Nigeria because Nigeria has been producing huge amount of oil earlier than Algeria and oil is a determining factor in tax rate of developing nations.

Nigeria is comparable to M. Eastern nations in term of taxations cos we've been producing huge amount of oil for over half a century and d oil wealth didn't make the govts to tax it's citizens heavily then..... Even though Nigeria's tax-to-gdp is not even 3% but 6%, but I take that as one of ur classic show of ignorance.

At the end of the day, everyone is liable for his/her own opinion and belief.
but u always reiterate that oil is a big part of Nigeria's economy, no?

That's how dumb one sounds when he's trying to be intelligent by half.

Algeria produces as much oil as Nigeria - about 2M barrel per day - and it's tax to gpd is 26 percent.

Nigeria is only comparable to middle east countries like Kuwait - with Nigeria shockign 3 percent tax to gdp ratio.

If you check the structure of the countries that have low tax to gdp - their oil sector is Big Part of the Economy.

There are not like Nigeria who claim Oil is not even 10 percent of the economy - and yet the same oil sector contribute to 4 (out the 6) percent of the revenue gdp.That can only mean the entire oil industry is taxed to death - which is impossible.

Bottomline - NIGERIA GDP IS OVERCOOKED.

theenchanter:
u've made no valid point, u're only spewing incoherent verbatim.

Check every oil producing countries tax-to-gdp ratio and tell me the average rate. I'm not stating this as an excuse but it's better we know the nitty-gritty of things before showcasing our sheer ignorance.

if you remove oil and related revenue - their tax revenue is less than Uganda - maybe even Rwanda. The country is a joke. If you compare the tax rates - it more like kenya (30 coorp, 24 paye) - except their VAT is 8 percent while kenya is 16 percent.

kikuyu1:
Ideally you'd stick to your own comical tax/GDP ratio of 6% instead of embarrassing yourself challenging our own world class methodologies.
Yours as in all things is WORSE than Afghanistan which is at 9%: HTF does that even HAPPEN!?

https://www.iea.org/reports/tracking-sdg7-the-energy-progress-report-2021
Kenya has been ranked as the top country in the world in reducing the population with no access to electricity, pointing to the impact of the State’s focus on rural areas for nearly a decade.

--> There is still an issue with electricity demand
https://www.businessdailyafrica.com/bd/markets/market-news/kenya-tops-growth-connections-of-electricity-3464710

Things like ICT - where Kenya leads normally or what are you talking about.

obaaderemi:
Excuses again.
It's not mineral investment. Oil is going down.
Its things like ICT.

What kind of nonsense is that. 10% of 300B - is 30B - and 20% is 60B. When kenya ordinary revenues get to 60B - yes our GDP will have exceeded 300B. That will happen before 2030.

As of now Kenya ordinary revenue (taxes alone) is approaching 2B dollars a month - now well over 1.7B - if times 12 months - 21B. This in a month of Covid 19.
https://www.the-star.co.ke/business/kenya/2021-05-04-kra-surpasses-april-target-by-sh65-billion/

The last I checked the other revenues - user fees, court fines, licensing, such - normally contribute 4B dollars annually.

Therefore for kenya level of economy - we are already at 22B - which would indicate an economy of 110B dollars - if tax to gdp was around 20% like most countries at that level of development.

The rebasing will happen soon but definitely, 120B look likely.

obaaderemi:
If $15bn is 20% of your GDP, then your GDP must be about $300bn. Kenya's numbers never add up.

This the usual oil/gas/mineral investment in Africa.

obaaderemi:
Nigeria continues to attract more foreign direct investment than Kenya. What's Kenya not doing well?

Below are Africa's largest FDI destinations 2020.
I don't think Kenya is on that list.

Only 6m kenyan filled their taxes - in a country with 25M adults; so what do you mean kenyans are overtaxed; when are just starting. Your theories about fake kenya GDP flies in the face - we are taxing about 20% of the GDP - which far cry from countries in Europe that taxes 40-50 percent of GDP - or South Africa doing 25%.

As for Nigeria - there is nothing to tax - outside oil barrels. Maybe you can tax the remittance.

Countries develop by taxing their citizens - so it get money to build infrastructure and do the social investment needed.

But Nigeria - your federal budget of 25B dollars is TRAGIC. That is why you cannot beat even Boko Haram. Gov so underfunded it's a joke.

obaaderemi:
Where else will Kenya get its revenue from if it doesn't tax its people into the ground? You are making life very difficult for poor Kenyans and you are here bragging about it. This reminds one of Germany during the Weimar era. It led to a lot of ugly things like Adolf Hitler.

Nigeria needs to widen its tax net but not tax people into the ground like stupid Kenya is doing. New taxes and less income.
See below:

It dysfunctional country - outside oil and gas

Stevoh18:
I think the biggest challenge Nigeria is/will be facing is instability.....
There's no one who would have confidence to invest in country where kidnappings, terrorism,economic stagnation, horrible infrastructure, illiteracy,poverty are getting even worse

Study this population pyramid slowly - and realize 5yrs from 2019 - that is 2024 - Kenya biggest age-sex cohort will be joining the workforce - and from then - the dependency ratio will keep dropping - as less and less kids are born - meaning adult will become more richer and richer.

To get here...is not easy.

. Though Kenya’s population is still youthful, the rate of
increase has slowed down since 2009 Census, an indication of declining fertility. The pyramid
shows that children less than 5 years are fewer compared to those in the subsequent age cohort
(5-9) years. Similarly, children in the age category 10-14 are more than those in the age 5-9
years.

Because we are already in 2021 - half year- and it was half a billion shy of it in 2019 - so it now definitely pass 100B - possibly now 103B - end of year 106B - if rebased - possibly 120B - overtaking Morocco.

If it was cooked - kenya budget at 36B - while Nigeria federal budget at 25B (with gazillion of oil barrels) would show.

Our ordinary taxes have doubled in less than 10yrs from 7-8B per annum - to now 17B - if you include A-I-D (not aid like Ghana) - we are talking 22B total revenues. Only 100B PLUS economy can generate such revenues.

Kenya economy is growing fast - and is about 5yrs from hitting a super-fast growth thanks to demographic dividends - we are the cusp of demographic transition and having nailed the basics - all we need is to get our industrialization flying. The basics for leapfrogging have been laid. The conditions are about met - just 5 years.

Morroco is kaput. Next is Algeria in less than 5yrs. Then we go for Nigeria (the real GDP is about 200B). Before 2030 - Africa top economies will be Egypt, South Africa and Kenya...Nigeria if oil and gas play ball could be 4th.

obaaderemi:
So, it's just projection. So why did you say *it's now more than 100bn*? Your economy is then lower than 100bn.
You can only overtake Morocco with your overcooked dodgy figures.

You didn't see a star - it's a projection. Kenya has not gone through a recession. The 2020 figures are yet to come because KNBS has started the process of rebasing our GDP.

Expectation for 2021 is maybe 120B - and we shall overtake Morocco - as the rebasing is expected to increase the GDP by as high as 25%.

Next will be Algeria - then Nigeria - then South Africa then Egypt - by 2040

Only a slowpoke can trust Nigeria fake GDP figures

obaaderemi:
How did your GDP grow from 99bn in 2020 to 106bn in 2021 when your country actually went through a recession?
Care to put a link?

Abuja cannot get to Nakuru or Eldoret or Kisumu. Mombasa is many levels above it.

When Abuja get near Mombasa - come and tell us

https://www.youtube.com/watch?v=Wxw8ZC9pY6U

samorobo:
Can ur city ever??

Abuja is so damn modern.All it’s need is a few real estate boom and it will be right there competing with the best of SA cities. It has nailed the basic to world class standard. Just watch and be amazed my friend. The first 11 minute was in maitama(not the cbd).


When I habe a city like this u brag effortlessly

https://www.youtube.com/watch?v=PT0C7URG6-Q

We are here because you closed the other thread. Otherwise everyone by now knows Nigeria is a hell-hole - and nobody is even trying to compare poor Nigeria with anything. It' a zoo.

Obviously you're so desperate you had to close the other thread and having us here is kinda of affirmation you're desperately looking for your zoo.

samorobo:
Lol I can see this street urchins are back here. Just checked out that other thread and found it has been closed for good I am laughing so damn well now. ...,,Good to see rvp and his cohorts back on this thread whilst facing the title of this thread which apparently is the reality of things not that fictional thread with fairy tales and deluded epistles.....,

It now more than that.
Characteristic Gross domestic product in billion U.S. dollars
2021* 106.04
2020* 99.29
2019 95.41
2018 87.8

obaaderemi:
And yet you could easily round your economy off to $100bn.

Ghana MadMan - explain this kind of Bribery More corruption than Kenya Water and electricity issues; and general mess; illiteracy; religious nonsense,


https://www.youtube.com/watch?v=Z-MYPEU8ajo

I thought it was 8B? Obviously never heard of someone who round off a whole billion dollars That is like how many trillion in Naira. You're rounding off 400 billion Naira. Very rich of.

obaaderemi:
Did I lend you the $7bn? See why just30 calls you a lunatic.

Can you please lend me that extra 1B dollars?

obaaderemi:
Don't be silly. You already admitted to owing China $7bn. That's not far off from the "about $8bn" I mentioned. is it?

Madcow antics

Just30:
Now you've jumped to another topic ?

Ghana has 5.2 million connections

Unlike Ghana with a total of 0.5M metered connection - kenya has about 2m metered water connections. Nairobi alone has about 600K.

Kenya Water report 2021

Madcow

Just30:
you are even afraid to admit facts

Something that is there and reported by Bloomberg for everyone to see..you are really disgustingly stupid

Anyway, Ghana debt to GDP has dropped back below 60% because of stronger than expected economic performance last year...

Ghana total debt stock is less than 46 billion while GDP is between 82 and 85 billion dollars....without a review yet.

Nonsense
1) Kenya GDP to debt - is 65% - Ghana is now approaching 80%. Kenya is preparing to rebase it gdp next year and the ratio will come down.
2) Kenya debt to revenue - servicing ratio - about 40%.
3) Kenya total revenues - are now 21B dollars- ordinary taxes alone approaching 17b. Total debt repayment about 800B kshs per annum.

As for Ghana - you're IMF poster child - and permanent member of Heavily Indebted Poor Countries.

Just30:
Im not you to be making up figures

According to your law makers as reported by Bloomberg

https://www.bloomberg.com/news/articles/2021-05-31/kenya-lawmakers-balk-as-debt-servicing-costs-jump-to-11-billion



now carry your shame go .... Lunatic

Madman with his own data Not worthy of a response.

Just30:
Ghana cant be poor when it has a higher GNI per capital than Kenya

Kenya is definitely poor hence it lover GNI per capital and that is why Kenya cant afford to pay debt owed China...

We all know that the monies owe China are collateralized loans and failure to pay will lead to seizure of Kenya..


We can tell kenya everything about debt because we played active role in structuring the current debt market...

Ghana debt servicing to revenue is 45% while while Kenya debt servicing is at 66%

But I had already said 6.7B - as of 2020 sept - and so if you were going to dispute that - good manners and common sense - put a link.

obaaderemi:
See this fool. Why are you so angry? I said you owe China about $8bn, you said it was just $7.02bn. What's the difference? Oh, of course, $1 bn.

Tallest luxurious apartment in Africa goes up

https://www.youtube.com/watch?v=xJg2JFEvjw0&t=215s

Nairobi world class apartments

https://www.youtube.com/watch?v=01KpyrVuEmw

Learn to put a link; Basic 101 of sound argumentation; if you had not gone to Ibandan university. That is

China is one of Kenya’s biggest foreign creditors, having lent Ksh758 billion ($7.02 billion) as at April 2021 to build rail lines, roads and other infrastructure projects in the past decade.
https://www.theeastafrican.co.ke/tea/business/china-halts-kenya-loans-amid-debt-reprieve-bid-3458526#:~:text=China%20is%20one%20of%20Kenya%E2%80%99s%20biggest%20foreign%20creditors%2C,being%20addressed%20by%20officials%20of%20the%20two%20countries.

obaaderemi:
Kenya owes China about $8bn.

Check latest gdp to debt ratio; debt to revenue ratio; etc.
Kenya macro-economics despite covid are strong;
Kenya took advantage of G20 debt relief - that Ghana was first to run to - and asked for debt to be rescheduled.
Initially for six months - and we have asked for another six months. Poor China caused covid and have no option.
Ghana obviously is so poor it been part of HIPC - as long as it has existed.
You cannot tell us nothing about debt or prudent financial mgt

You're a heavily indebted country that is choking with debt and is essentially bankrupt - because face it - using 70 percent of your revenue to service debt is bankruptcy.

Just30:
who removed this dog out of his leash?

he's back to lying out of his lunatic empty skull

Ghana has managed to repay all it Chinese debt and kenya cant even pay what it owe..... now tell me who has a better macro economics?

I told you a year or 2 ago that China will stop giving your country loans because you guys are too dumb to invest the money into productive ventures that will make profit...

How many kenya students are in Ghana? I think we only know of one who came for a 3 months study - where he had to choose btw west africa backwaters - and indeed Ghana does look better in the forsaken region.

Just30:
Lunatic dog

Everyone here and everyone out there including Kenyans who are rushing to study in Ghana

1) Kenya debt to servicing ration or any such macro-economic ratio is way better than Ghana.
2) 10 B chinese debt in one year? Where did you get that.
The entire Chinese debt stock in kenya was $6.7 billion as of Sept 2020.

Of that 6.7B - 5.5B was borrowed for Mombasa-Nairobi-Naivasha SGR line - in 2014/2016 - no collatoral given except take or pay to kenya railways operator from kenya ports - the loans was heavily insured - and that is all.

The rest of about 1.2B invested in small projects here and there. Nothing collarotized. This is not Ghana where we put escrow funds of farmers cocoa with China banks Who does that? It better you are now giving minerals as security - Jesus of Nazareth.

3) Kenya macro-economics can never be compared to Ghana.

As always I know I am speaking with a goat; you won't understand half of what I wrote.

Just30:
debt to gdp is nothing compare to debt to revenue which indicate your ability to pay....


There is nothing like mortgage of resources, there is just you and your ability to pay.

Anyway, how did your country acquire 10 billion Chinese debt in just a year?


For 9 years, Ghana only acquire 5 billion of which all have been paid..

Madcow who is everyone.

Just30:
No wonder everyone describes education in your country as backward

With people like you, why wont it be....