₦airaland Forum

Somali are joining then we get Ethiopia. We can then kick you out if we want. We cant have lazy fools stalling EAC. We just need Ethiopia - and we have 500M people. We move HQ to Nairobi - and you join SADC fully where you're more happier.

Kazikazi:
I don't see this happening

You're looking for validation from any angle including that guy who by looks alone is quite unlettered.

Kazikazi:

Confession time

They are - but these are desperate times where gov priority is to secure forex. Once the storm is over - we should avoid such debts as much as possible.

Kazikazi:
These commercial loans are a disaster

Saddamochieng00:
Yes you can be atheist without necessarily being blasphemous. And as I pointed out with Oba it's the fake wokeness and putting themselves on a pedestal that puts most of us off.

That being agnostic. If you're atheist like me for many years you've pretty much ruled out the presence of gods. I started as church going youth,started doubting religion , became unsure or agnostic , finally as years passed I am certain that religion is BS in its entirety. I don't even argue nowadays. I don't mind my wife n kids going to church. They also learnt to respect my thinking.

Nigeria gov should reduce over borrowing from local banks so the banks awash with deposits will lend to private sector and households. It that simple. Also stop money printing n focus on collecting revenue so as reduce inflation n interest rate.You print money ,inflation rises n so will interest rate..n that mean few will borrow. In short Tinubu gov must be prudent and slowly the pain n poverty will go away

QuietMynd:
Ok u re right tho, but expanding the credit system to the middle class will stretch the system thin, because I don't see people living in Victoria Island, ikoyi nd Co needing govt support to purchase anything since majority re successful entrepreneurs already.
Like I said earlier including them will only make the system uneffective for the lower class nd below.
We both know wat the middle class will be using the system to purchase is luxury goods.
I will say they re the problem to Nigeria forex problem already since the poor man don't use dollar, I doubt if majority knows how a dollar bill looks like, the middle class re the ones buying usless things with the limited fx we make like importing American pizza 🍕, sending their children to foreign schools nd so on.

Kenyan Banks have made incredible expansion outside the country establishing 552 branches & employing over 11,000 people.

DRC remain the most promising growth frontier but the small Rwanda lead in profitability.

Shaytun:
So Kenya was also subsidising petrol.

You only removed it last year

No it was introduced in elections time by desperate uhuru as he tried to rig his candidate Raila and terminated after election..alien concept in Kenya

Balogunodua:
The price will be around 400-450

less than dollar..not possible.

Balogunodua:
The Ruto guy is another Uhuru promax

uhuru was doing well until he dumped Ruto.When Ruto was defacto president in 2013-2017 while Uhuru drunk & drugged himself silly they were re elected by huge margin..from 50 to 55..rarely do incumbents increase their popularity.Ruto ensured kenya had world fastest electricification n paved rural roads.They were rewarded by 2nd term..immediately Uhuru discarded Ruto as he planned to steal for 5yrs n embraced Raila to help him against onslaught from Ruto..come election time they lost...they are still shocked.

Ruto join twitter space to engage Kenyans on housing levy..employees n employers to contribute 3 percent each to fund a million units 5yrs.Let morons bring their half thought ideas https://twitter.com/254Ustawi/status/1664690593958641666?s=19

Ruto has solid track record of delivery. Nobody works as hard he does. Nobody get shiet done like he does.What we have in kenya are bitter Azimio morons who use to say Ruto is a thief..now they say he is a liar.The morons are healing slowly.Ruto track record since university is well known..very brilliant..very hardworking..and go getter. RUTO HAS ACHIEVED SO MUCH IN LESS THAN YEAR..in most difficult period..the world already knows a leader in Africa has been born.A leader first business is politics but Ruto is complete leader.The idiots will not survive one single day working for Ruto..who will report to office by 5am..and crack it up till midnight. They definitely cannot stand Ruto mental acuity. They hide when Ruto invite them for four hours televised ask any question you can think.They look for stupid tangential issues. They don't realise kenya is finally getting it right..rule of law, respect of institution, and efficient public service forced to commit to tough deadlines.Where is corruption they predicted..it now replaced with he is a liar.Bloody fools. Ruto has shown in deed zero tolerance to corruption..he has not disobeyed a single court order...and has committed to dealing with inefficiency n graft through technology. 2027 will be unnecessary. 2032 kenyans likely to remove term limits so Ruto can crank up 30yrs.

Shaytun:
I always find politicians who like sweet talking and dishonesty to be distasteful.

All they have is flowery words that can not be backed by actions, when the chips are down they always flounder, because they care more about maintaining some self conceited image of themselves.

You remember that social media president of Zambia?

“ The capacity of his social media team to promote the president even when the reality is far from rosy and the absence of effective opposition to expose the emerging policy failures of his administration and popular discontent have created the impression that all is well. ”

https://mg.co.za/thoughtleader/opinion/2022-12-18-why-zambias-president-is-popular-abroad-but-a-disappointment-at-home/

Same thing with George weah of liberia, People fell for his propaganda. Now Liberians are regretting voting him in.

Same thing with Akufo addo, dismal policy direction.

Now the Kenya president is towing the same line.

Africans should stop falling for all this “messiah” leader’s preaching change.

Telling us how they did not wear shoes to school or thereabouts.

During the Nigeria presidential campaign, BAT was always talking about his policy, while some were telling us that he has only one shoe and wristwatch for 30 years.

Obaaderemi2:
It is impossible. We will block oil theft and with three refineries coming up, prices will stabilize around #500.

less than a dollar..how now? If there is no subsidy then prepare to pay at least 1.something of a dollar..700 to 1000.1000 because Buhari is thief n has already ensared NPP by offering them 20 percent shareholding.I doubt he will beat efficient Indian,Saudi,dubai n South Korea refineries so prepare to pay a little more than kenya.kenya we are paying 1.3 dollars but maybe half are taxes n levies

theenchanter:
refined fuel is expected in July as the first batch of crude is expected by this month.

We shall see..fuel will be 1000 naira

ItooWorWor:
Rvp is a clown, don't waste your precious time with him.

zooman

Bloomberg saying Zoo former goat herder Cum president cut ribbon of incomplete dangote refinery..refinery will be ready in 2025.He did same for lagos blue line.Nation of scammers

Zoogeria has 12m consumers of electricity with only 4.5m metered. Of those metered many steal electricity. https://www.thisdaylive.com/index.php/2022/01/25/nerc-8-1m-of-nigerias-12-8m-electricity-customers-still-unmetered/

Naira is being floated l...whoever fancy catching falling knives was his six

GeneralDae:
I believe that report earlier today of a devaluation by a news outlet was planned. The CBN and the federal Government were probably testing the waters of the black market.
Probably later in the day when they felt they've seen enough, they then debunked the rumour.

With whose brain n work ethic

Obaaderemi2:
On a serious note, Tanzania is coming up.

Tanzania can only be better than Kenya in witchcraft.

Obaaderemi2:
That's the unhallowed company they belong to. Tanzania is doing far better than kenya economically.

Feed Kenya? Who died? We export 5 to 7 b dollas of food.You provides us low quality maize for animal feeds..to fill small deficit.This year we have excess maize...so be aware

Kazikazi:
it's not only maize which we feed you TZ is selling to kenya almost every foodstuff just because u fellaz are lazy to grow food.
Instead of humbling yourselves,you decided to have a fake pride and talk about aflotoxins so that you can hide your laziness.
Aflotoxins don't come from certain type of maize, but it's about drying issues

What is shocking,you Kenyans love to sit around discussing about Tanzania. You really fear TZ, and its too late for u to try halt the rising of a big superpower called United republic

You don't discuss about Ethiopia, Sudan or Uganda,but it's only Tanzania which is in your mouths. Tanzania Tanzania Tanzania

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

GeneralDae2:
I read somewhere this morning that PMS prices might double soon in Benin Republic 🇧🇯.
Benin have been having relatively cheap fuel compared to Ghana, Mali, and others .

Nigeria been subsidising all its neighbours at expense of security,education n basic infrastructure.Few car owning Nigerians will cry but they will get used to it.Majority of Nigeria can't afford cars

Subsaharan:
I mean N400bn extra from the N600bn-800bn they usually got to share.

https://www.vanguardngr.com/2023/05/buhari-out-going-govs-receive-n656b-final-faac-allocation/

Understood..formulae complicated as LGA n oil producing states get higher shares

ImpregnaTor:
there are more metered houses in Nigeria than Kenya? Base on total population or percentage?

Here in my state bayelsa, I can literally count the numbers of metered houses, I'm not sure it's even up to 1,000 metered household, so let's not lie to ourselves here or there a lot of metered houses in Lagos?

More Nigerian need to out the lies otherwise you will continue living in fools paradise called giant of Africa while everyone laughing at it.Nigerian simply don't pay for electricity..majority have connected illegally..denying electricity companies money.The electricity comlanies have no money they can't maintain turbines to turn or buy gas.End result generators

You mean 4 to 8 trillion so each states will get additional 100 to 200B.The stupid subsidy was 12 billion dollars.This will huge boost for them.Now give each state power to fix electricity challenges.

Subsaharan:
We'll see what will happen with time. The states especially would breathe a sigh of relief. They were really struggling to meet their debt obligations, pay salaries on time, and implement their budget. With the subsidy gone, that would mean they get to share an extra N400bn which would mean a lot to the new admins, civil servants and pensioners in particular who have had their salaries delayed or not been paid at all sometimes running Into months.

GeneralDae:
Instead of devaluing outrightly, I think they should find a way to make the black market fall instead. At the end, we may have it settle between 500-600 naira.

You're funny..the answers lies in middle btw black n official rate..you can't rig the market

Evidence. Kenya has 10.5m metered customers. NIGERIA n Ghana 4M.SOUTH Africa 17m.

Shaytun:
Nigeria have more household paying electricity bill than Kenya.

Electricity company in Nigeria makes more money than Kenya.

There are more metered household in Nigeria than Kenya.

Nigeria consume more electricity than Kenya.

Nigeria Generate more electricity than Kenya.

These are not opinions, there are FACTS!!

I have been involved in cross border maize trade.Stop cheap insult. Its only recently that likes of kenya seeds have open branches in your backwater to sell hybrid seeds.Ask any kenya miller if they accept your maize on good day.Kenya normally produces 35m bags of maize with deficit of 10m bags. Kenya has Africa largest dairy sector with huge demand for animal feed.Most of your poor quality aflatoxin maize is not fit for animal feeds leave alone humans. Kenyans love ugali so much they can tell your poor maize.I told you i use to drive to kenya when i run out maize flour.No way I can eat Uganda maize flour.

Kazikazi:
You are dumb.

Almost all TZ maize I hybrid too. No one can harvest a good crop without using hybrid seeds.It's actually stupid to think TZ which exports millions of tonnes of maize annually is achieving that without hybrid seeds. Sometimes learn how to hide your stupidity. You even need to know not all hybrid seeds have the same sizes.

And u become more stupid by thinking the size of maize is important when your aim is just to grind it into powder.

It's laughable for hunger stricken nation li,e yourself to try sound big by claiming to have animals who needs animal feed than what your human population needs. You starve,but u try lying by saying u buy maize to feed animals?

Kazikazi:
After you talk all that,remember u put port of mombasa as a collateral for SGR loans

we didn't. Kenya Railways signed take or pay deal with Kenya Ports Authority.China insisted on very expensive insurance of their loan..something like 2.5 percent. We are not defaulting but soon getting more loan from China to extend SGR.Remember kenya since 2011 has collected Railway Development Levy charged on every import.This is more than sufficient to pay off Railway loans

GeneralDae:
Also Parallel market now 712 naira from 765 naira last week. Convergence gradually happening.

Yes eventually they will converge.There is going to be a little pain in the start but rewards in near future will be worth it.Now Tinubu should fix electricity...allow each state power to handle electricity..then create electricity police unit to disconnect all illegal connections..pay off all debt owed to distro n generators.

Almost all kenya maize is hybrid..meaning uniform taste,size and color.Uganda and Tanzania maize are rarely hybrid. Kenya millers do not accept those maize for human feeds.It has to be blended with kenya maize then you bribe milling employees. If they buy they use it for animal feeds.

Kazikazi:
Son,
What is the different in quality between TZ maize and yours? Remember, the maize sold in kenya is mostly sourced fro TZ TZTZ.

Sometimes you need to think before you talk

QueenNyakim:
Won't surprise me considering how corrupt Nigeria is.

He did the same shit with cement industry if I remember correctly. When monopolies hurt consumers they harm the economy destabilizing and controling the market. Hurt Nigeria growth even further.

Exactly. You need to guard against abuse of Capitalism by a few to enslave the rest