₦airaland Forum

400B dollar economy powered by 1,700MW of electric power and well millions of generators .

kikuyu1:
AIYAYAYAYA!? Seen Naij,same source?

DATE VALUE CHANGE, %
2018 397.27 5.56 %
2017 376.36 -7.17 %
2016 405.44 -17.90 %
2015 493.84 -13.13 %
2014 568.50 10.40 %
2013 514.97 11.72 %
2012 460.95 11.32 %
2011 414.10 12.20 %
2010 369.06 24.07 %
2009 297.46 -9.93 %
2008 330.26 25.95 %
2007 262.22

OMFG! This ranting is therapy-it keeps them away from looking at such data that would keep this crying 24/7. In a way I understand their collective deflection.

samorobo:
Hahaha all cars would be electric by 2025 . Boy you are high on kibera fumes.

Such deluded mindset can be nursed with rat poison

ignorant zombie all new cars

These Nigerians don't know they are many ways to make money - not just waiting for petrodollars. Some of these houses are worth millions of dollars.

tylann:
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.standardmedia.co.ke/business/article/2001322114/why-foreigners-are-buying-luxury-homes-in-kenya&ved=2ahUKEwj1jcnhurHiAhUEExoKHaInD8oQFjAPegQICRAB&usg=AOvVaw2K6-CxEPYORd22Te_sKE4y

Nairobi - Redhill
https://beglinwoods.com/images/projects/residential-houses/limuru-housing-redhill/gallery/redhill-housing-building-residential-nairobi-architecture-beglinwoods-architects-13.jpg
https://beglinwoods.com/images/projects/residential-houses/limuru-housing-redhill/gallery/redhill-housing-building-residential-nairobi-architecture-beglinwoods-architects-1.jpg

Laikipia Kenya - Siria house
https://www.exploreeastafrica.com/images/Hotels-Kenya/Sirai.jpg
https://i.imgur.com/hFhT2fD.jpg

https://i.imgur.com/1kq613w.jpg

https://i.imgur.com/mawc2Q2.jpg

https://i.imgur.com/XOcfeQi.jpg

https://i.imgur.com/ME2ve5x.jpg

https://i.imgur.com/8vkCo0T.jpg

https://i.imgur.com/VLVRxA6.jpg

https://i.imgur.com/bRtKvra.jpg

https://i.imgur.com/jSifvLO.jpg

https://i.imgur.com/aeZzPWS.jpg

Nairobi - Rossyln Heights - Nairobi is one of most sought destination for rich wishing to buy a 2nd house.
https://mir-s3-cdn-cf.behance.net/project_modules/fs/e8275164909121.5ae2179f0ab3b.jpg
https://mir-s3-cdn-cf.behance.net/project_modules/fs/27731364909121.5ae2179f0af98.jpg
https://mir-s3-cdn-cf.behance.net/project_modules/fs/769b5564909121.5ae2179f0a21a.jpg
https://mir-s3-cdn-cf.behance.net/project_modules/fs/9cf1c964909121.5ae2179f0a6de.jpg

You're giving yourself false hope. Look here - if you neve rose - with all the hydrocarbons that God has given you - for all those years since 1959- clearly you CAN NEVER RISE again. Not when hydrocarbons are going out - by 2025 - all new cars will be electric - and by 2040 definitely all dirty nigeria oil will not be needed.

You've wasted a huge opportunity for so long it's mind-boggling.

Now we Kenyans are very proud of ourselves. The reason is obvious. 89% of our land is Arid and Semi-Arid. We don't have any mineral or natural resources of note (only salt that we collect off the ocean & one lake).You could say God dealt us very bad cards - we got no Aces - but look at Kenya now - easily the largest non-mineral economy in Africa - easily with the most educated and skilled workforce in Africa - easily now just behind South Africa (and sometimes Nigeria) in every indices that measure scale - and easily amongst the progressive in indices that measure intensity.

Kenya future prospects are very brights. By 2022 - our GDP will be around 150B. In 2002 - our GDP was mere 12B dollars - now it's around 100b.

Yes we have our own issues - but compared to Nigerian - this is a walk in the park. We just need polishing.

NigeriaIsDoomed:
Hahaha .......e pain am well.I don strike the stewpid boy where it hurts
Audi alteram partem! After all your excruciating lamentations, it is irrefragable that Nigeria is a force to reckon with both in Africa and beyond.
That you choose to feign ignorance changes nothing.
Someday, the sleeping giant will rise to her responsibilities, assert and stamp her authourity as the Giant of Africa.
When it happens, tiny and inconsequential countries like Kenya will be cut to size and put where they belong.
Until then, if comparing your lame duck country with the Giant of Africa massages your ago and consoles you, the discretion lies with you.

And the fools are here shouting daily amid generator din - instead of leading a revolution - imagine exporting all that energy ( 2m barrels of oil and all the LNG gas) - and then have 2,600MW power for a country of 200M. Nigeria is a blot on the human conscience.

The most shocking part - effective demand is 1,700MW -low load demand by electricity distribution companies (1,749.2MW)

tylann:
https://www.nairaland.com/5203118/electricity-generation-falls-2616mw-six

When did they force themselves on Kenya? British Training Army base - is for mutual training benefit - and the US airforce base in Lamu's Manda Island - is also for joint operation against terrorists and pirates in the indian ocean.

Obviously we don't have home-grown Boko Haram that control the whole of North East.

edon21:
we might have asked them but they forced themselves on you. even without them Nigeria is doing well. but let's say..... if the brits remove their army base from Kenya.. then Al shabab ll get a second home in less than a year

They were begging US army to fight their home-grown terror. The US and Brits after few months in Nigeria fighting alongside Nigeria fake army verdict was very harsh. They were bunch of cowardly disorganized and corrupt army they had ever seen. The US proceeded to places sanctions against Nigeria acquiring any of their weapons - because it was obvious it would end up abandoned or sold to Boko-Haram.

Jonraid:
You are so daft that I can't even engage you in a conversation! What do you know about sovereignty? There is a US military base in Japan,how does that compromise on Japan's sovereignty as a nation?

Nairobi - Wislon Airport
https://farm6.staticflickr.com/5634/23497588813_7616dcbe1e_h.jpg

You're rambling on and on while UN World Food Programme is feeding nearly the entire Nigeria North East. Your slumpolis starting from Lagos to Uyo are routinely voted amongst the worst cities to live in. They look like a scene straight out of war zone. Rusted iron sheet roofed houses.

Kenya is doing great in nearly all aspect of life. I think if you read this thread backward - with an open mind - you won't miss that.

You need to learn a lot from progressive nations of Africa - the Kenyas, the Rwandas, the Ghanas, the Botswanas, the Mauritus - these are countries matching forward.

When this thread started - Kenya GDP was around 50B - now it's inching towards 100B dollars - while your cooked GDP has nearly halved. GDP per capita has halved in Nigeria - .Kenya budget has long overtaken Nigeria. Stay another 10yrs in this thread - and you'll see Kenya overtaking Nigeria overcooked GDP.

I can go on and on - but kenya is obviously miles ahead - look at this ranking that came out yesterday.

Kenya has been ranked as the best African country that offers good digital life in the latest Expat Insider report released by the InterNations.The survey ranked Kenya 31st in the world ahead of South Africa (49), Morocco (58), Uganda (59) and Egypt (69)


Nigeria is indeed very doomed.

NigeriaIsDoomed:
hahaha....one city country. You would do yourself a great favour if you could save your money for food instead of wasting on data to post those recycled, boring looking pictures mega slums
Nigeria has Abuja, Lagos, Portharcourt, Kano, Enugu, Ibadan, Uyo, Etc.
Guess you know that Lagos is a mega city and has the capacity to sustain itself without global food aids
Your starvation cum mega slum capital can never measure up with Lagos even in the next life.
Lagos economy dwarfs that your tea based, mega slum cum massive starvation economy.
Nairoslum will always remain a baby in the presence of Lagos, therefore it is a sheer insult for Lagos to share the same space in a sentence with Nairoslum, home to mega slums in the world.
A city is more than having few old skul European built highrises sitting side by side with mega slums in the world.
If Lagos sneezes, Africa catches cold but your local champ only wields influence within her territory.
Statistically, Tanzanian has more to offer the world than that your tiny mega slums city, the city of starving and dying little indians.

Nairobi at Night - the Slumpolis of Nigeria will need another century to get here.

Dangote despite engineering a take over of Kenya's ARM cement maker with Ecobank fails - as Devki buys it.
https://www.businessdailyafrica.com/news/Cement-tycoon-in-Sh5bn-buyout-of-collapsed-ARM/539546-5126436-8hw95ez/index.html

When was the ranking done. Kindly get us market cap of today - let see how puny Nigeria Stock Exchange is.

68816419:
The top 5 stock exchanges in Africa where DFCK Is Kenya on the list ?


1. Johannesburg Stock Exchange (JSE)

The JSE is the biggest stock exchange in Africa by Market Capitalisation. It was founded on November 8, 1887.

It is South Africa’s only full service securities exchange, connecting buyers and sellers in a variety of different markets, namely equities, equity derivatives, agricultural derivatives and interest rate instruments.
Key Facts

Market Capitalisation – $987 billion.
Number of Companies Listed – 388
Foreign Domiciled Companies – 76
Market Cap over GDP ratio is 278.94%
Trading and Settlement – T+3

2. Nigerian Stock Exchange (NSE)

The Nigerian Stock Exchange started in 1960 as the Lagos Stock Exchange. I’m 1977, it changed its name to the Nigerian Stock Exchange.

The NSE is one of the most developed stock exchanges in Africa and offers a range of instruments for investors in the equities, bonds and derivatives market.
Key Facts

Market Cap – $44 billion
Market Cap over GDP ratio – 8.83%
Number of Companies Listed – 176

3. Egyptian Stock Exchange

The Egyptian Stock Exchange (EGX) comprises two exchanges, Alexandria opened in 1883 [/b]and Cairo stock exchange opened in 1903.
Key Facts

Market Cap – $46 billion

Number of Listed Companies – 222

Market Cap to GDP ratio – 17.61%

Trading and Settlement – T+0 for securities traded by the intra-day trading system. T+1 for all other securities.
[b]
4. Casablanca Stock Exchange

The Casablanca Stock Exchange was established in 1929, and was known as the “Office de compensation des valeurs mobilieres (office for clearing of transferable securities)
Key Facts

Market Cap – $48 billion
Market Cap to GDP ratio – 46.43%
Number of listed companies – 75
Trading and Settlement – T+3

5. Namibian Stock Exchange

The Namibian Stock Exchange is one of the oldest stock exchanges in Africa, founded in 1904. It relaunched in 1992.

The Namibian Stock Exchange is the second biggest stock exchange in Africa in terms of Market Capitalisation, as it has been making use of the Johannesburg Stock Exchange’s equity trading systems and services to trade, clear and settle it’s securities.

The International Finance Corporation (IFC) in 2016, raised about $12 million in bonds which was used for private sector development in the country. This shows the faith of the international investing community in a market like the Namibian.

But does he makes decisions - or these are KNUT decisions. The way to deal with unions is through politics. You of course cannot detain people you don't like anymore. That would start a slippery slopes. What will work is when you have politically adept leader who can get into KNUT and cause divisions. Moi did it by sweet talking the KNUT Sec Gen and eventually sponsored the splitting of KNUT into KUPPET (secondary teachers). The solution to KNUT is to further split it - it way too powerful with 200K teachers on it's payroll - and if not it's to engineer division in it' leadership.

Political problems are dealt politically. Kibaki and largely Uhuru disinterest in politics is what causes all these upheavals. Raila or Ruto would easily handle Sossion without the need to throw him in prison.

Ultimately powerful unions as good as they are for workers - soon become a law unto themselves - and cause lots of problem - and gov has to work to avoid fostering these kinds of unions.

kikuyu1:
Bro,have you actually seen that black mofo on TV!? As far back as 2013 he was striking and inciting teachers!

https://www.youtube.com/watch?v=SQKfLcO9c9Q

I challenge you to find a vid without him instigating some ishyt politically or with teachers. If we don't stop him he'll sabotage the education system like happened in RSA where despite huge allocations outcomes are abysmal.


https://www.groundup.org.za/article/one-door-learning-has-opened-others-are-still-firmly-shut/

[b]Now,I see why Moi detained certain people! [/b]Truly,some are were a genuine security threat but this nigga will ruin future generations-I don't like wild speculation but knowing Kenya could he be secretly working for private schools?

Kenya has to lead the drive to go digital. This should be our top priority coz we have a huge edge here.

Jonraid:

Smart Courts=Digital economy

Yes - KNUT needed to be de-horned - but it always good to have a divergent opinion - obviously in Prof Magoha he will meet his match. Yes without any natural resources on sight - and with barely, any arable land left - our only national hope is smart well-educated workforce. We already invest a lot education wise....and we just have to keep going.

kikuyu1:
Last night I told wife Sossion,the KNUT guy would ideally be in detention like the Moi era for trying to sabotage the rollout of the new system.
If not properly handled he'll initiate a RSA situation where despite a 3x per capita spend their results look like Naij-all due to teacher sabotage and apathy.

Kenya which already had one of Africa's best education system (only 2nd to Mauritu in Eastern & Southern Africa), takes another step forward with Competency Based Curriculum

The system aims to inculcate dynamic values and instill virtues to help us flourish in our daily activities. The 8-4-4 was a teacher-based system, where the teacher was at the center of learning. This will not be the case anymore. The CBC aims to be a more student-based system, with more focus on the ability of the student to self- learn and develop relevant skills requisite for any engagement carried out. This way of thinking is perhaps informed by the opening up of the world, which has been spurred by the internet explosion.

https://kenyayote.com/wp-content/uploads/2018/05/Infographic-illustration-of-the-competency-Based-Curriculum-CBC-in-Kenya-2.png

Nairobi famous Uhuru & Central Park. Kenya's Nobel Laurate Prof Wangari Mathai fought to protect if from GOK that wanted to put 70 floor storey building in 80s.
https://3er1viui9wo30pkxh1v2nh4w-wpengine.netdna-ssl.com/wp-content/uploads/prod/sites/133/2019/05/iStock-639495906.jpg
https://www.explore254.com/wp-content/sabai/File/files/l_d269cedb17fe2faab86b788b8bc1f9bd.jpg
https://afrotourism.com/wp-content/uploads/2015/02/CentralPark1.jpg
https://upload.wikimedia.org/wikipedia/commons/thumb/4/42/Parliament_Buildings_and_Uhuru_Park%2C_Nairobi.jpg/1024px-Parliament_Buildings_and_Uhuru_Park%2C_Nairobi.jpg
https://upload.wikimedia.org/wikipedia/commons/thumb/1/10/City_view_from_Uhuru_Park%2C_Nairobi.jpg/1024px-City_view_from_Uhuru_Park%2C_Nairobi.jpg
https://upload.wikimedia.org/wikipedia/commons/thumb/d/d0/Uhuru_Park_Lake.jpg/800px-Uhuru_Park_Lake.jpg
https://upload.wikimedia.org/wikipedia/commons/9/92/Uhuru_park_fountain.jpg

Ghana is really impressive country. Thanks to it's leadership. Nigeria is not any different from Niger - except in the oil it has. Remove Dangote companies from Nigeria Stock Exchange - and you have a cap smaller than Ghana.

vaxx1:
Even small Ghana is having a capitalization of 20 billion dollar as of 2014 which by now more company have been listed since then, suggesting the cap has also increased.

Nice - we need to bring all the 50B dollars out there back - this essentially money that was looted previously - and the economy will be richer -

kikuyu1:
We ended the hotel issue with the truth recently but here's a reminder:Naij lacks the beds and infrastructure for a real tourism industry. Tourists with 10k$ to spend won't leave home fly thousands of km to stay in places like these Ajegunle establishments. Misunderstanding everything,geniuses repeated Obudu Cattle Ranch 600 x at least.


https://www.businessdailyafrica.com/news/27-global-hotels-announce-entry-plans-over-four-years/539546-5123058-view-asAMP-pt9msmz/index.html

Does anyone see this hotel exec mentioning Lagos,Eko Atlantic,Abuja,Port Harcourt,maybe-no? Just checking!

In other news 10 bn $ has been returned by 16,000 Kenyans taking advantage of a KRA tax amnesty. Btw,this is completely different from the 150bn$ in Switzerland owned by 7 Kenyans I posted recently. The implications are obvious and confirm what I and others have said:
-our economy is larger than counted
-our GNI isn't as bad as we've told


https://www.businessdailyafrica.com/news/Rich-Kenyans-wire-back-Sh1trn-in-offshore-banks/539546-5124514-vctcsiz/

Rvp2018,chip in!

Nairobi Stock Exchange cap now is around 28B dollars - with Nigeria cap around 30B - so the difference is very minimal. South Africa is black Africa.

obaaderemi:
The world's 60 major stock exchanges.
Operation Spot Your Country.

African region: South Africa, Nigeria, Egypt, Morocco and Mauritius.
Nigeria, the only country representing black Africa.

Other African countries are too small and irrelevant to register on the world map.

https://www.visualcapitalist.com/all-of-the-worlds-stock-exchanges-by-size/

Nice.

Jonraid:
Margaret Kenyatta presenting a speech at the WTTC.

I'm loving that picture of the Nairobi skyline and a giraffe!

Boko haram home-bred terrorist like cannot stand divergent opinion. You should direct your anger on the people responsible for the mess you country is in. I am more like a mirror in the wall - reflecting back your ugliness.

samorobo:
Go and die in kibera you slum dweller

Arguably the most populated waste-land.

samorobo:
Naija is naturally beautiful.
Infact it is the most beautiful country in West africa and arguably the most beautiful in africa.

Enjoy IDANRE HILL

kikuyu1:
Normal people can see what they'll never see which is why they'll always be poor. Using a billion dollars,acquired with blood and sweat to benefit less than a thousand people! OMFG!

They can fly each of those 400 in private jets and still save money...than double tracked train that carries what 5 buses can comfortably ferry..at 1b dollars. Nigeria problem is not corruption. .it's start with being led for 60yrs by barely literate mostly northern herdsmen. Their best leave the country...and don't comeback....leaving the idiots behind to execute such laughable projects like dead Calabar mon

68816419:
Manze, wait till when Kubwa, Nyanya ,Wuse and other Suburbs start operations and see if various analysis was not implored before embarking on this profound project.

We are still waiting for steel pillets from the 8 billion dollars rusted steel mill..so worry less..we got all the time..to see your poverty increase to 90% of the population despite shipping 2m barrels of oil daily. If light rail cannot transport 1m passengers or about daily then it a wasted investment..and worse that rail will not even meet it operation cost.Starting at 400 is crazy.Dont wonder why your country is poor.

400 passengers daily in vanity project to the airport is the classic case of wastage....even 1.5m passengers a year for a rail is still huge wastage..it won't even cover 1% of operation cost.Light rail should carry a million passengers DAILY.Check out gautrain in Joburg.

68816419:
manze learn and stop blurbing, Abuja lightrail recently lunched and the low turn out has been attributed to fact that the new international airport was not fully in use, low awareness of the system and that the first phase only targets the middle class and the upper class, especially those heading to the airport from the Central Areas, the second phase which is still under construction would carter for the entire population.
the system has BN picking and will surely do , Kaduna-Abuja SGR also started in same note but has now broken even.

68816419:
Ati 1% of Nairobi, nigga, 90% of the Nairobians Blacks resides in slums, from Kibera to Mathare .

manze what happened to 9.9% that you lastly claimed to resides in slums...I see you're improving...I don't think 1% of Nairobi can hold 90% of it's resident even if you packed them like sardines

vaxx1:
some society tends to be more conforming than others. It depends on the system in place and it is proven educated society performed well on this ground. Europe tax to GDP ratio is an excellent approach to this fact.

I am not convinced..I think tax system that are easy to levy, easy to track and pay have much success..it either systems are lacking or well economy is largely informal...gov has to formalize .Nigeria gdp is over cooked....so that an outlier...

Kazikazi:
You lack exposure. I don't how u just cook figures to give ourselves a false hope.

Dude,there is no country in Africa which consume as much meat as south Africa. That is the truth.

The milk which u claim to consume is just another lie. Go give that milk to millions of Turkana fellows,at least u will avert the starvation

South Africa is fine...talk about Tanzania..where you eat maize n beans only.