₦airaland Forum

You nailed it.
So what next - will rest form coalition against ANC?
Or they MK or EFF will give ANC a majority
Or ANC will form a minority gov

jl115:
This was my prediction almost a 2 years ago....

How it's panning out:

ANC:42%
DA: 25%
EFF: 9%
MK:9%
PA: 3.5%
.
.
.
ActionSA 1%

Things i didn't expect then: Formation of the MK which has taken votes from the EFF and and obviously a vast chunk of ANC votes, the PA that has grown tremendously, they had a great campaign and their leader Gayton McKenzie must be applauded, they have also certainly taken a chunk of ASA votes and DA colored votes .....ASA being a fart in the wind, there campaigning for these elections as been non existent, in fighting has also greatly damaged the party.

Things that are surprising me:
DA @ 25% although i predicted this then the actual PR of the DA is brain dead and personally i thought they wouldn't get more than 22%

MK taking 3rd spot, I knew Zuma was popular but dammmm....

EFF I honestly thought would've done better, not by much but better, they have certainly been hurt by the MK

When I spoke about this - I created a legion of bitter Nigerians. Tinubu has done the right thing and stopped the cooking by Nigeria CNB and Stats office.

Now Nigeria is 4th Largest Economy at 250B. - about Twice Kenyan economy. NOW CRAWL OUT BY WORKING HARD - not cooking stats.

Bloomberg) -- Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year and Egypt, which held the top position in 2023, is projected to fall to second behind South Africa after a series of currency devaluations, International Monetary Fund forecasts show.

The IMF’s World Economic Outlook estimates Nigeria’s gross domestic product at $253 billion based on current prices this year, lagging energy-rich Algeria at $267 billion, Egypt at $348 billion and South Africa at $373 billion.


https:///hOAwEjIVCR

Tinubu after 8yrs will transform Nigeria. He is brilliant. He previously turned around Lagos state. Tinubu need to free Nigeria economy from capture n provide reliable electricity to South n education & security to north.. Nigeria will fire all it cylinder n will grow at 10% for decades.

GeneralDae:
Yeah, this Government devalued twice in one year. The second devaluation which occurred on Jan 31st this year was a tough one. From 900 to 1400.

Just30:
if it was that easy, you would have done it a long time ago. You think redenomination makes a currency strong ?

Redenomination does not change the value of a currency

cedis is weak currency that went from 1 to 1 to dollar to 10. That is 1000% devaluation in decade n half

See this what some of us have urged

GeneralDae:
Close of trade today:

Official market: 1142 naira
BDC (Parallel market) : 1115 naira.

Hmm. All hail the naira. Not only are the rates now unified, street rate is even lower than Bank rate.

Yes, of course, we were at brink of a default n yes our credit rating is still not good.

vaxx:
You almost defaulted. The new eurobond save you . Now , you are now at ease to refinance your debt and also have enough temporary time to pay back . You are paying back at a much a larger interest in the next five to six years time . And if you failed , the international capital loans and bond will be blocked for you.

We are able to refinance our Eurobond because unlike Ghana we didn't default but dug into our pockets n repaid debts

vaxx:
Thanks to the new eurobond kenya expensively subscribed to.

Baller254:
wiped out 6 months of losses in a few days

This week it could shaved out full year of depreciation

Looking for company in misery corner mad man. Kenya shillings is the least manipulated currency in Africa n after we dealt with debt..it's just gained ground from 160 to 140 in 3 days..this week it's goes to 120.

Just30:
the naira is only finding it natural value

If Kenya does same thing today, their kshs will be doing like 500 kshs to a dollar

Nigeria thanks to Great Tinubu will begin to emerge from the hole. I never thought Nigeria would be this lucky to get a leader of Tinubu brains n I was hopeless but now the country if they retain Tinubu for 8yrs will soon emerge as a real giant.

As I rightfully analyzed Nigeria GDP should be around 200B.To view keyboard shortcuts, press question mark
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Mark Bohlund
@Markbohlund
S&P forecasting #Nigeria's nominal GDP at $266bn in 2025, 42% lower than latest IMF forecast of $458bn (Oct 23). The forecast implies a drop in GDP per capita towards $1,000. Note that last national census was in 2006 as planned 2023 census was delayed.
https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3120907
12:48 PM · Feb 3, 2024
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Baller254:
..
yea kenya police DCI is among the best in Africa
..

yes they do commendable job most of the time. Used to be Africa best in 80 n 90s n still easily might be top

Bankruptcy every 5yrs

Just40:
Men ..Ghana has come a long way

And some deluded guy thinks Nairobi will ever have a QOL as Accra 🤣🤣

Ghana have come a long way.

15 floors don't make news in Kenya. It now done by every tom dick n harry. Kenya economy continues to grow despite global challenges n the real estate is growing all over country. Gov has stopped most public infrastructure projects to address debt overhang this year but there's are affordable housing projects countrywide.

samorobo:
Eko Atlantic is going on smoothly. Probably has more tower under construction than Nairobi.
To my best of knowledge Nairobi real estate sector is down and out. Nothing serious is going on there.most projects going on now are spillover from 2022 (uhuru era). Investors are now out with their money.You will be lucky to see a 15 flrs under construction in Nairobi

Ghana mad cow. Kibera housing estate of tall high rises of 288 acres is at advanced stage. That is 10 times your airport city. All Nairobi slums city on prime real estate. Gov spend nothing [ author=Just40 post=128016325] let me just laugh as if I don't know what a joke that is 😂🤣

When are they going to eliminate pipeline? Kibera will never look even as modern as the outskirts of Lagos.

It will take you a century to understand why[/quote]

GeneralDae:
You are funny. So you think the other Governments do not have plans for million housing units too?

Show me the plan. Nairobi growth been driven by private sector n now Kenya gov is adding the second engine...a million houses with investment of more than 25B dollars...show which other sub Saharan Africa is doing it.The housing levy alone will collect nearly a billion annually n investors will pump 10 times

This Mukuru slum...next biggest after Kibera...slums are being transformed into highrises with Kenya gov deducing 3% from every Kenya income for mass housing in the country

Gov of Kenya is eliminating slum with a million housing units most of them in Nairobi.kibera will soon look more modern than any city in Nigeria

Just40:
that small development happening in a small part of Nairobi is what makes you root on this forum when the rest of Nairobi keep looking like a degraded war war 2 town

There is a reason why Nairobi is ranked no 4 most rapidly urbanzing city by JLC. You want engage me in silly arguments

GeneralDae:
Stop making stupid arguments. What exactly is going on in Nairobi that is special or way above what's going on in at least one of Lagos, Dakar, Abidjan, Accra, Abuja, etc?

Jamestown123:
Bro remove Accra from that list jare. Accra is not even a million close to Nairobi. I wonder who is always decieving you guys in this forum

They don't even have sewage beyond 3km CBD.

GeneralDae:
Most cities in Africa are also been redeveloped at great pace not just Nairobi. My post was that Nairobi had a good head start. Even as far back as 2009 and 2010, a Nigerian traveller I read on a blog then (who also knew West Africa well) made this observation.

Since then many West African cities are developing fast and catching on e.g Lagos, Accra, Abidjan, Dakar, and Cotonou. Lots of development going on in these cities. Some I dare say at a pace greater than that of Nairobi.

you're dreaming if you think there a city in sub Saharan Africa that matching kind of development going on in Nairobi real estate... Dreaming is nice word..you're just above insane.

Nairobi is well on its way to be Africa best city . I warned the South Africans but now I see everyone admiting it's preminence as future capital of africa
https://www.youtube.com/watch?v=yRx_iTPjYXU?si=lLpShUPCSRQzmAYg

These ghanians are special type..all are insane
https://www.youtube.com/watch?v=PVbiIaXYNjY?si=o96J90zPvvCRoX5E

vaxx:
Probably that person is typing after a heavy dose of banku. Nairobi is not in anywhere developed than lagos , Accra , dakar and abidjan . Unless development means high rise building only .

Nairobi just getting started... construction going on driven by Chinese,Somalis, Eritreans n Kenyans is staggering. The city is being redeveloped at pace only comparable to Asia Cities

GeneralDae:
It's painful to say but let's face it. Nairobi has more finesse than any other West African city from all YouTube Videos I've seen over the years and I've seen a lot.

Dakar, Abidjan, and Lagos (mainly Ikoyi and VI) are up there but at this moment, Nairobi in particular is ahead of these cities in the development curve. Accra is also developing fast with good diaspora influx but cannot be compared to Nairobi at the moment especially the best parts of Nairobi.

Nairobi has been kinda free and hospitable to foreigners and foreign investments from India and Europe for decades compared to much of West Africa.

Note: When I say Nairobi or Accra or Lagos, etc. I am comparing their best areas only e.g Westlands, Cantonement, Airport road, Ikoyi, VI, etc.

Another redeeming thing Kenya police are very efficient...rarely do you get out..that Nigerian was nabbed in the airport. Major Kenya cities have Huawei intelligent cameras some with face recognition

Two weeks ago next to my rental flat... Nigerian jumped down n injured himself as he tried to escape police. The Nigerian who cut the girl up happen when Kenyan also killed a girl in Airbnb. So it's kinda of a draw. Nigerians are still okay in Kenya. Once they messed up enough they will be killed without ceremony. Kenyans have zero tolerance to violent crime.

vankelvin:
They will do all those nonsense in other countries and when citizens of those countries react they will turn round and accuse their host of being a hater, jealouse, xenophobic and other nonsense adjectives they know.

At least Stay in your own country and kill your people
Why do that in another man's country?

vaxx:
Ad hominem fallacy, A characteristics of an idiot who has nothing to offer in a sane discussion.

where in Nairobi do we have black or brown outs...there has been 3 grid collapse lasting few hours in last two years or so...I live in Europe n Nairobi...power in Kenya is almost as reliable as Europe..and as expensive

vaxx:
No, it was in some selected part of the country , not entire Ghana . And this was mainly due to maintenance rather than owing.

Nairobi is rationalizing is electricity , this is not happening in accra

you're sick like fellow madman.

Nairobi best city to visit according to lonely planet beating Paris

Ghana has had minerals and peace for longer than Angola and it look shitty. Angola are using their oil well.

Just40:
Luanda looks like the city state of Singapore

https://www.youtube.com/watch?v=yc8IfT-L4cw?si=LOi3AefXuCpzER3d

On the lean year for startup kenya tops.

Just40:
you don't like to read and that's your problem....
Yeah from 6 countries 🤣😂

It sad, in order to compete with Ghana, you need 6 other countries transaction value.

usual madness from bankrupted Ghana