₦airaland Forum

We import mainly maize from Uganda and Tanzania. We ran small deficit. Otherwise export more food. Kenya economy is built on agriculture.

AfriqueDuZuid:
Kenya is in no way feeding Europe and while importing food from Uganda and Tanzania

People don't eat coffee, tea and flowers

You becoming somewhat irrational as time goes by

Horticulture - vegetables, fruits and nuts - make the bulk of kenya export.

AfriqueDuZuid:
90%of Kenya agri export comprise of tea, coffee and flowers

You're typical Azania with typical bad education. We are talking FOOD or agricultural products.

AfriqueDuZuid:
Import $1.9 billion
Export $900+-

Kenya is not net exporters

Yes kenya feed Europe. Every European supermarket stock kenya vegetables and fruits. Almost every tea brewed outside China and Kenya is from Kenyan farmer. Our exports have now risen close to 7B dollars. About 5 billion is food.

AfriqueDuZuid:
This is embarrassing to say the least, Kenya feeding Europe imagines Kenya get food from Uganda and Tanzania.

Kenya is not even largest food exporter in Africa to start with

Heckling. Nigeria, DRC and Angola are NET FOOD importers in Africa.

samorobo:
Lol story for the gods.

When it’s comes to agriculture,Nigeria is a net exporter compared to those countries you listed. This is fact, go argue with your ancestors.

Kenya export more than 200 types of crops internationally. Our economy is almost entirely built on the agri-sector. Hungry when vegies, fruits, and beverage feeding Europe and world come from Kenya. Those hungry are those facing drought in northern remote parts of kenya.

IGpro1:
Kano population is not near 20m sir.

Have you done business in kano. Do you know how much grains gets exported to neighbouring countries( Chad, Cameroon and Niger).
Don't let that Kenyan guy work you to believe all Nigerian farmers do is produce and sell in local markets at cheap prices.
There are big business men who buy in bulk from farmers and rebag their grains for export.(our govt only fail in implementing price control)
Just the fishing business in baga, its so huge that it can comfortably generate huge revenue for the govt if taxation goes on well.

save Tea, what does Kenya have to boast of in agriculture? Tea can easily be controlled by their Govt, but not so much with grains.
Maybe if the Kenyans were a little less concerned about making money from every farmer and making everything 'formal' there wouldn't be need for the yearly food aids they receive.
Let's put it straight, ''KENYANS ARE HUNGRY''

You have huge arable land enough to feed population.
Kenya, Ghana and Ivory Coast are net agricultural food exporters feeding Europe and the world.
Nigeria is a net agricultural importer.

samorobo:
Population,population,population. And maybe some bottleneck here and there.

Yet you lead in importing food.

samorobo:
You can’t tell us what to do. Nigerian agricultural sector is huge - whether it is organized or not, that’s not the point. Focus on the output abd stop splitting hairs.

Wild guess

GeneralDae:
The countries with the highest volumes of grain production in 2018 were Nigeria (26M tonnes), Ethiopia (25M tonnes) and Egypt (22M tonnes), together accounting for 37% of total production. South Africa, Morocco, Tanzania, Mali, Sudan, Niger, Algeria, Burkina Faso and Kenya lagged somewhat behind, together accounting for a further 37%.

https://www.globaltrademag.com/grain-consumption-in-africa-continues-rising/

It's been dead for a while - now we have to wake it up.

President Ruto: We have a bad privatization law and instead of the law helping us in privatization, it has stalled the process. I have given an order that if we can’t amend it in our first 100days in office, we will repeal it… pic.twitter.com/63gfosQjQI

— Citizen TV Kenya (@citizentvkenya) October 11, 2022

President Ruto: We have a bad privatization law and instead of the law helping us in privatization, it has stalled the process. I have given an order that if we can’t amend it in our first 100days in office, we will repeal it…

GeneralDae:
Maybe due to these sentiments your NSE market reacted yesterday as it gained around 2% for the trading day (if I'm not mistaken). But your market really suffered this year though due to capital flights and all that.

How do you know apart from rough guestimation what got sold or bought and for how much - you need a percentage of this formally marketted.

GeneralDae:
The population involved in such businesses and the constant trading activities makes it big irrespective of it's informal status.

It's hard to tell how big or small it is because it's chaotic informal unhygenic mess. It cannot grow. It will remain anemic. Nigeria cannot export their produce if they continue like this. Worldwide farmer cooperatives are key. China has giant coop - Supplies and something. India has gigantic one for milk. Kenya is big in cooperatives. And Ruto is going even big on this. You have to formalize the supply chain.

GeneralDae:
I agree. However, this grain business is still big because it is situated in the second most populated state in Nigeria with around 20 million people and majority are employed by these and other agricultural activities.
Textile is also big in this state employing millions but informal trade as well.

Nigeria dont screw this opportunity. Please elect this man - Peter Obi - and let him assemble the likes of Ngozi - to fix Nigeria. Otherwise you're DONE KAPUT.
https://www.economist.com/middle-east-and-africa/2022/10/10/peter-obi-a-man-who-carries-his-own-suitcases-could-be-nigerias-next-president

As public campaigning was about to begin in late September, Nigeria was rocked by the release of three polls showing Mr Obi well ahead of the two candidates representing the main parties that have mis-ruled Nigeria since the restoration of its democracy in 1999. In two of the polls Mr Obi has a lead of more than 15 percentage points over Bola Tinubu, of the incumbent All Progressives Congress (APC), and Atiku Abubakar of the People’s Democratic Party (PDP), the main opposition. What makes this even more extraordinary is that Mr Obi is standing for the Labour Party, whose candidate at the previous presidential election in 2019 won just 5,074 votes out of 28m cast.

PRESIDENT RUTO says his government will explore raising financing for State projects at the NSE as opposed to borrowing from external markets. http:///3EAZAem


One of Uhuru failure was not use the Nairobi Stock Exchange to raise financing for gov. Ruto is keep to change this...and today rung the NSE bell.

I dont see how this is big. it's chaotic mess. You gov need to encourage farmers to belong to cooperatives and the cooperative to build silos - and assist in proper marketting of their produces.

Kenya has National Cereals Produce board that has silos all over the country - it not functioning well but it way ahead of nigeria

The same is replicated in tea, coffee, etc.

You need formalized marketing boards..hopefully run as cooperatives that aggregates smallholder farmers.. that not only meet the local needs but the export of these products...not flea markets like these.

Ghana has good Cocoa board.....it just a shame Ghana gov sometimes uses it as collateral to borrow money

GeneralDae2:
Nigerian Agriculture in Kano is fvcking big and employs so many people. Just too informal and lacking infrastructure for widespread distribution. Here in this video, we hear from these small scale manufacturers that many produce are also distributed to Cameroon, Niger, Chad etc.


https://www.youtube.com/watch?v=79gWKeZCnso

KQ was profitable before it run into head winds about 10yrs ago - Ruto gov has given it 2 more years - because most of the problem are really managerial - nothing wrong with fundamentals. If after 2yrs it wont be profitable - gov will exit.

KQ is a strategic asset for kenya because our horticulture sector need a reliable airline to fly flowers and vegies to Europe on a daily basis.

obaaderemi:
We will get value for this.
Take for example, your ailing airline. Why is it still flying and wasting tax payers money when it should have been allowed to drop from the skies years ago?

You're wrong.
1) Biggest problem with Nigeria downstream sector is FUEL SUBSIDY - that will always lead to problems including shortage. Kenya tried it this year and for the first time ever we saw Nigeria like queue. It was surreal. The best way to distribute money back to Nigeria is through roads, schools, hospitals and security for all. Not by using 1/3 of the budget to subsidize petrol for people who own cars or any mechanical motor.

2) Of course, it a huge shame that you cannot refine your crude oil - and capture more value from it - but ITS NOT a panacea to the problems facing Nigeria.

3) Upstream - production is falling - despite high prices - after years of under-investment and insecurity. How will Dangote fix this? When he is likely to even want to buy crude below the market price. Nigeria has unmet crude oil market - first with US through AGOA and with huge quotas at OPEC it can no longer meet.

4) Dangote and Nothern Elite economic capture of Nigeria just got a tighter grip with that oil refinery. What you're doing protecting Dangote and few elite businesses so as to save forex from rice, sugar, cement and oil - is CREATING poverty - if Dangote doesnt become efficient. Asian tigers protected their countries infant industries for a period of 5-10yrs - then they were expected to compete - with international companies.

Why for example do you still ban the import of bagged cement - what - 20yrs later? Dangote has gone international - yet you still ban cheaper cement - that mean domestic cement production is not working - it still inefficient - and is costing the economy.

obaaderemi:
If I couldn't stand criticism why am I still engaging you in spite of your numerous bloopers, improprieties and total lack of etiquette? I would never be caught dead quoting idiots like the suffering man, gallipig, the transgendered and others like them. Why? The only thing they do well is insult, not to talk of their parochial and childish attitudes. You can't learn nada from what they post. That's not criticism, that's just pure fault-finding. Sensible people ignore such animals.

Having said this, the Dangote refinery is not what you wish it to be. You wish Kenya had something like that, I'm sure. That's why you keep attacking a project that has been taunted as a panacea to Nigeria's fuel problems. We will be able to stop importation of petroleum products and jobs will be created. There will be multiplier effects too. Then forex will be saved. We will no longer have queues at filling stations, I can go on and on. What about exports? The benefits are many. Just look at it with an open mind. At least we believe you are smarter than the types of suffering man and gallipig.

It doesnt matter the capturer. You wont ride in Dangote private jet just like I wont ride in a Kenyan indian jet. What matters is the millions of kenyans and Nigerians. Are they getting value for money? Is the economy working for them or a select few.

obaaderemi:
Let Dangote capture Nigeria. He is a Nigerian. That's still better than Indians capturing Kenya, enjoying the best of Kenya while you the owners live in slums.

Kenya gov under Ruto begin the painful 3B dollars immediate budget haircut to avoid Ghana like IMF mess or Zambia default. Cutting the 3B dollars will reduce by 1/3 the deficit (roughly 9B dollars) of this year budget - which is equivalent to the external borrowing (which anyway is now unavailable) for may countries.
https://www.citizen.digital/business/salaries-development-cash-on-the-line-in-ksh300-billion-budget-cut-n307137

I leave you with this quote from Nigerian in 2011. Dangote has captured Nigeria Federal gov and is going to become very wealthy as the country become very poor.
https://www.nairaland.com/686315/why-cement-expensive
When dangote donates millions of dollars to campaign funds u think he is doing that cause his middle name is Charity? NO! He is doing that to secure his monopoly on cement and other products.

obaaderemi:
I thought you liked using unofficial rate for Nigeria's economy? A bag of cement in Nigeria is#4000. Divide#4000 by #700. That's $5.7. In Kenya a bag of cement is $5+.

Basically it's the same price.

You cannot stand criticism. That is why you hate SuffferingNSmilling. You want to live in a make-believe bubble. Dangote is likely to make the bad situation worse. In kenya we had a refinery that was making things terrible....but now imagine Dangote who has captured Abuja...selling you refined fuel at twice the international prize..because he will be "saving" forex.

obaaderemi:
I think the RIP guy should be ignored at this point concerning the refinery thing. His arguments have become stupid.

Not it's almost half the price. Normally about 5-6 dollars in kenya. 10 dollars in Nigeria.

obaaderemi:
A bag is cement is almost the same price in Nigeria and little India.

And most inefficient - you're buying cement almost twice the price in Kenya.

GeneralDae2:
Why allow imports, when we are by far the largest producers of cement in Africa?

He controls the market then ask Abuja to ban cheaper imports. And they do as he wishes.

Dangote Cement controls 61 per cent of the market share, Lafarge Africa 22 per cent and BUA Cement the rest

Why dont you allow imports to come in freely if Dangote is competitive.

GeneralDae2:
On the bolded, there is nothing Dangote sells astronomically higher than other suppliers in Nigeria.

Manufacturing is only beneficial if it's competitive. If it's protected - it's a double whammy. It would be cheaper - freight factored - to import from more efficient Indian or South Korea refineries.

Look at you cement or rice - it's way more expensive than imported ones.

Basically, what need to happen is to give Dangotes few graces period to grow from infancy- then allow him to compete internationally - if they cannot compete - they close shop.

The problem with Africa - mostly Nigeria - few companies capture the state - they ban imports - enact monopolies or oligopies - and economy pays for their inefficiencies.

The first thing Dangote will do next year - is to ask Abuja to ban import of refined fuel.

GeneralDae2:
Dangote is heavily indebted to Nigerian Banks for the project after the cost increased from his initially planned 12 billion dollars to 19 billion dollars because he had to build his own small Dangote deep port in lekki and provide some road infrastructures amongst other additional infrastructures due to problems that arose from 2016 after the initial planning and design.

However, by the time the proceeds from the refinery start flowing back to Nigerian banks who provided Dangote over 90% of the debts, that would be beneficial to the Nigerian economy.

Nigeria would not have to pay subsidy, that is beneficial. If Dangote buys crude in naira, it would improve the naira, even if we only supply 500,000 barrels per day to the world from our usual 1 million barrels, we would still benefit because oil prices are still likely to remain high for a while. If the other refineries owned by NNPC come on board within the next two years and we fix power supply, we may not even have to depend on Dangote for local supplies, he'll just export.

No matter how you look at it, it's very beneficial to the Nigerian economy.

Cost of refining crude is 3-5 dollars a barrel. Only Dangote will eventually become very rich. I dont see much impact on Nigeria economy. Going by 20B investment - that he will need to recoup - it will become another cement or rice - more expensive internally - than imported. Dangote will ask Abuja to ban import of cheaper refined products so he can monopolize it - and will load his expensive refined products on Nigerians.

Until you reform your economy from the Northern Elite Capture of Abuja led by Dangote - expect to see few fat cats and a HUGE ZOO.

In simple English - just like you buy cement or sugar or any Dangote product very expensively - expect the same on his refined fuel - as he will load his cost to poor Nigerians.

samorobo:
Lol no get a grip ifbb b yourself. We would be selling the final product if crude oil as well as the raw oil itself. Joe tgats is making the entire money of that value chain,unlike when we sell to Europe then import the final product twice that price - we aren’t only saving the forex but also entertaining a serious boom. Be scared ,africa won’t see our butts.

KaziKazi I hope the Magufuli error (era) is over and you're ready for business. Let see if you will be petty or will sell to us your natural gas.
https://twitter.com/WilliamsRuto/status/1579379175479472131
https://nation.africa/kenya/videos/news/president-ruto-address-in-tanzania-3979690

That was 2014-2016.

Today, approximately 16.6% of rural Ghanaian households rely on pipe-borne water as their main water supply, with 11% obtaining water from public standpipes (SPs) and the remaining 5.6% from private or shared household connections (GSS, 2014).

Just40:
all Ghana thermal units run on natural gas

Focus more on using there water you pump into the earth to supply thirsty Kenyans who rely on streams as source of drinking water

Biomas (charcoal+firewood) will continue to be main source of cooking for quite some time in rural Africa. We should focus on making it more cleaner and efficient - and embracing commercial tree farming to replace it. You can focus on reducing thermal (diesel oil) that you generate most of Ghana power first.

vankelvin:
Kenya has done all that so it makes sense for Kenya to now promote the use of firewood or charcoal? I wish you knew how stupid you sound

False hopes. There will be a similar drop in crude oil export. You can ramp up oil production - to meet OPEC quotas - and that is when we shall see impact.

QuietMynd:
Refined petro products acct for 40% of total import.
Imagine the effect it will have on the naira, gdp will surely jump to nothing less than $750bn, gdp per capital go hear am, price of food will reduce, power transmission upgrading will have been completed by then, investor go dey rush economy like agege bread

Pray it doesnt die - Dangote is indebted to the gills - 7B dollars - and still need 1B dollars to complete it. The cost has shot up from 12B dollars to now 19B dollars.

The refinery cost grew to $19 billion after initial estimates of $12-$14 billion and years of delays. State oil company NNPC, which last year acquired a 20% stake in the refinery for $2.76 billion, said that it expects the refinery to start in the first quarter of 2023.

samorobo:
Lol give it up, I know you desperately wants us to derail like your zoo. You know what they say,” misery loves company “.

Newsflash some section of the refinery has started commissioning. Come mid 2023 a d we are selling hot oil and making hot dollar. You will weep and will be here taunting you for my amusement.

I do commercial tree forest - we use firewood to manufacture tea - because it's extremely cheap.
It not sustainable to convert poor people to use LPG that we dont have - getting into more Oil/forex problems.
When we can grow trees, make coal or charcoal, and repeat.
We plant fast maturing blue gums and such trees - in 7yrs - from an acre - you get 20k USD.


https://www.youtube.com/watch?v=kyDqgkgY7nE

vankelvin:
Hope you know the consequences of deforestation