₦airaland Forum

What is so unique about Nigeria well known problems. Lack of communism is not one of them. It's a country at war with itself.

theTranscriber:
just stop talking rubbish

you know next to nothing about Nigeria's problems

focus on arguing with ghanians

Yes soon it will be Egypt, South Africa and Kenya - Nigeria ought not be there - it should be with mini Zoo Ghana.

Shma2020:
In any ranking that ranks nigeria ahead, me kenya is also up there.


The list lists are always like this :

Nigeria
South Africa
Egypt
Kenya

Or

South Africa
Kenya
Nigeria
Egypt

Or

Kenya
Nigeria
South Africa
Egypt

Or

Egypt
South Africa
Nigeria
Kenya

Or

Nigeria
Egypt
South Africa
Kenya


Talk of ICT, internet connectivity, airports, seaports, economy, university ranks, school ranks, hospital ranks, construction ranks, development ranks, city ranks etc.


Ghana's peer is Uganda.

Let talks in 2050 - when you get to Nairobi of 1980s
https://zbook.org/img/50/ghana-beyond-aid-charter-and-strategy-document.jpg

Appisko:
Changaaa Brains

Once again; countries like South Africa have slums; Kenya has slums; Nigeria and Ghana slums have nice areas. That is definition of a slumpolis. Big difference. You entire city is unplanned hodgepodge of cesspits and soakpits - where everyone build their own chicken coop like unfinished structures without basic infrastructure.

Just30:
We already have the most modern sewage systems that does not polite the environment with raw sewage anytime it rains like in Kenya that practice open pit sewage

That is as old as 1800s..

modernise guys..... if you cant learn from Ghana, at least learn from Egypt, they are building similar sewage treatment facilities that Ghana have been building.

Fotunately, my entire cities are more beautiful and more developed than your slumpolis of 7 million people....

We can pick all your 4 cities and there will be more slum dwellers than people living in well established neighbourhoods.


Why do you think your country is the slumpolis of Africa ?

Dont bet of them understanding - this a special breed of stupid.

NTSA:
Why are Ghanaians this daft ...when I get time I will do a detailed comparison of the various universities in both countries and end this debate.

You got it wrong. Until nigeria gov restore peace - none of that is possible. Gov should not negotiate on matters peace. You just have to invest in proper internal security to enforce law and order. Then rest will follow.

Abohboy:
You do realize that providing the basics like electricity, housing education etc. Will end the terrorism we've been experiencing the problem in the north east is the lack of jobs and the lack of good education solve those two problems and the insurgency would end very quickly meanwhile for the secessionist the same solution they just want development they believe they're marginzalized hive them basic infrastructure and development as the rest of Nigeria and we have no problem and why does Kenya need to focus on electricity and running water if they already have it as you constantly claim.

Knowing how to define something is the start - collecting the data is the hard part. If you had not gone for 3 months to school - and 3 other months stayed at home - you'd have had well rounded knowledge with critical thinking skills.

Appisko:
See this fool aren't u the same person who said UNCTAD doesn't know what they doing
Why u now quoting them
madness

What is campus view - double tracked educated bonobo? You been given videos of many campuses - Kenya is far ahead of anything in West Africa.

vankelvin:
This picture has been repeated like 5 times already..

KNUST campus alone strikes down all high rise buildings in you unis..

Now let's see proper view of your unis, stop showing us one building pictures. Let's see your campus view properly.
Pictures that captures many buildings in one picture.

Build a modern sewage system first before you engage us in any serious debate. If it was that simple - Egypt wont have invested 1.5B dollars in one.
Your entire cities are slumpolis. That is why you fear drone shot - except for a few selected areas.

Just30:
We can afford anything as long as there is demand for it... The things we afford to build, kenya cannot afford them.

What you don't know is, most apartments decide to treat their own sewage on-site because it is cost-efficient as they can use it to generate gas for cooking..


We have sprawling well-developed communities with beautiful mansion that have made our cities bigger than anything in your country..
We dont allow slums to develop here like you guys have allowed in your country.. all because of lack of proper accommodation facilities that is affordable to the 7 million slum dwellers in Nairobi.

7 million is more than the population of Accra

Oxymoron - according to UNCTAD- if you purchase 10 percent of a stock through LSE or JSE - it quality to be FDI - if you buy a few shares - then it doesnt.

You can make direct investment in a company - through equity or debt - there is no other way.

Just30:
i mean, for all traded stocks....


There is a reason why it is called direct investment.

Only three top universities in kenya - have more student enrollment than your entire 15 public universities. One wonder where you put all the Gold all these centuries...when everything looks tacky and tiny.

vankelvin:
[b]

Pains

In terms of infrastructure it goes like this,
UG is number 1
KNUST number 2
UCC number 3
UDS number 4
UPSA number 5

You simply cannot afford to build apartments because it's impossible without modern sewage. One apartment would need huge cesspoll/soakpits - so you have sprawling slumpolis like in Nigeria - and crazy traffic jams.

Apartment are most economical use of urban spaces.

Just30:
You are dumb as usual ....
Ghanaians do not want to have a shared corridor with anyone or live in an apartment without lifts.. that is 99% of apartments in Kenya..

As we've seen in Kenya several times, those apartments tend to be filthy.

We like our own self compound where everything is used by only us, including sewage.

How does this even make sense? You mean for publicly traded stocks? Or what is your single threaded brain telling you?

Just30:
IF you buy it through stock investment.... it doesn't count as FDI, unless it is done directly....

Kenyan education failed you .... dumb kid


THose are the reasons why 90% of investments doesn't count as FDI

Nigeria has no excuse not fix it's security. Start there. Increase your security budget to be commensurate with your security challenges - before you build wastful light rail in Abuja that carries 400 passenger a day - at the cost of 1B dollars.

PROVERBZ:
and get the still have not perfected this. An example of bad governance. They don't have any excuse like Nigeria.

Only in Ghana where you lack modern sewage system - do people share facilities like one toilet connected to cess pit or soakpit. In apartments - everyone has their own "everything". The only shared thing is perhaps the lift or stair-case.

Just30:
Ghanaians do not like poor living and living on an apartment and sharing the same user facilities with thousands of people is an example of poor living....

How is purchasing interest in company - not stock or equity investment. This problem of double track half-baked Ghanian education. Go back to proper school

Just30:
dumb kid .... You know nothing but always want to comment on things...


A foreign direct investment (FDI) is a purchase of an interest in a company by a company or an investor located outside its borders.


Generally, the term is used to describe a business decision to acquire a substantial stake in a foreign business or to buy it outright in order to expand its operations to a new region. It is not usually used to describe a stock investment in a foreign company.

If it involved stocks, like Ghana FDI received will be 20 billion dollars a year and FDI outflows from Ghana will be 12 billion dollars.

Before you bring your 1 acre WWTW - Nairobi Dandora WWTW occupies 4,000 acres with capacity of upto 230,000 cubic meters- it used to be 2nd biggest in Africa - now with Egypt 1M cubic meter plus - it's the 3rd.

DANDORA ESTATE WASTE WATER TREATMENT PLANT
The plant is located at 26 km from Nairobi city along Kangundo road, east of the city along eastern bypass at Ruai. The land on which it occupies is approximately 4,000 acres

The Dandora Estate Sewerage Treatment Works (DSTW) phase 1 construction started in 1975; the plant was commissioned in the year 1978. Phase II construction started in 1985 with a new inlet treatment work and additional 6 series which were commissioned in 1990. Between 2005 and 2014 anaerobic ponds were constructed and completed.

The plant treats domestic and industrial about 120,0000m3/day equivalent to about 80% of waste water generated from Nairobi city. The design capacity for the plant is 160,000 m3.

Please - we have gone through that tiny thing - before - 20 million Euros facility - with capacity of 1,000m3 - compared to Ruai in Nairobi with a daily handling of 80,000 m3 - with capacity of 230,000 cubic meters.

That is 80 to 230 times bigger.

Appisko:
Reframe it Kenya should learn from Ghana


https://www.youtube.com/watch?v=1nHDAeMkTks


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

Ghana can learn a lot from Egypt - with it's almost total absent of modern sewage system.

Appisko:
Egypt's President al-Sisi has opened the World's Largest Water Treatment Plant, the World’s Largest Sludge Plant and the World’s Largest Ozone Generator, the $1.273 billion Bahr Al-Baqar plant.

It has a capacity of 5.3 million cubic meters of water per day.

There is no a single Ghanian here who went to single track of school - all you never went back in the afternoon or in the morning - that is only humane excuse that would explain this level of obtuseness.

There is an old Ghanian in Skyscrapper city who knows his stuff - I guess he didnt go to school in Ghana - the rest of you Bonobos - your combined IQ would not light a bulb

Poppa
https://www.skyscrapercity.com/threads/african-business-and-economy-news.386057/page-1774

Wizzzzmike:
I blame just30 and vexx for killing ur soul of out of ur brains...I don't think is possible but you made possible lol

Madcow. That one clearly involve stock investment;

OECD definition
Foreign Direct Investment (FDI) flows record the value of cross-border transactions related to direct investment during a given period of time, usually a quarter or a year. Financial flows consist of equity transactions, reinvestment of earnings, and intercompany debt transactions. Outward flows represent transactions that increase the investment that investors in the reporting economy have in enterprises in a foreign economy, such as through purchases of equity or reinvestment of earnings, less any transactions that decrease the investment that investors in the reporting economy have in enterprises in a foreign economy, such as sales of equity or borrowing by the resident investor from the foreign enterprise. Inward flows represent transactions that increase the investment that foreign investors have in enterprises resident in the reporting economy less transactions that decrease the investment of foreign investors in resident enterprises. FDI flows are measured in USD and as a share of GDP. FDI creates stable and long-lasting links between economies.

Just30:
there is only one definition....

It doesn't involve stock investment...

There are many definition - this is UNCTAD - and clearly they do a poor job collecting data

Foreign direct investment (FDI)
Foreign direct investment (FDI) is investment involving a long-term relationship and lasting interest in and control by a resident entity in one economy in an enterprise resident in another economy. In FDI, the investor exerts significant influence on the management of the enterprise resident in the other economy. The ownership level required in order for a direct investment to exist is 10% of the voting shares. Such investment involves both the initial transaction between the two entities and all subsequent transactions between them and among foreign affiliates, both incorporated and unincorporated. FDI may be undertaken by individuals or by business.

Just30:
I don't think you know what FDI is...
FDI does not include a stock investment

UNCTAD dont know what they are doing. 2021 alone - Safaricom outflow to Ethiopia is worth how much? Kenya companies are behind the private sector of many east african countries - now including Congo.

obaaderemi:
You are citing 2015 data in 2021.

This is 2021 and in terms of FDI outflow to other African countries, Ghana is above your country. Even Togo is above your country.

This is from UNCTAD.

According to the Africa Fintech: Scale Prevalence Report, out of the 716 fintech companies operating in Africa, more than half are headquartered in the 3 African fintech powers: Nigeria, South Africa and Kenya.

Uganda more promising than Ghana

Nigeria should focus on the basic. Provide Security first. Once you have finished Boko Haram, Kidnapping, Cattle rustlers, Islamic fighters - then you can start to talk about dealing with South East secessionist.

Countries that have sorted such basic - like Kenya or Ghana - can focus on
Good roads
Electricity
Good railways
Running water

Abohboy:
You're honestly not wrong they have the resources and the population to do it without problem but until foreign medlers and bad leaders are gotten rid of the DRC cannot progress but in my opinion I still believe Nigeria will become the strongest and most prosperous black nation in the world with the population we have, the ingenuity, the innovation, the knowledge we can go so far with just the knowledge of our citizens all the government needs to do is provide an enabling system

Good roads
Electricity
Good railways
Running water

With just those the citizens would be able to solve all of Nigeria's problems whether it be manufacturing or housing they'll find a solution if the government gives them a base even with all the bad leadership we've been able to put our country in an amazing position so if and when we get a mediocre or hopefully a good leader then the kind of growth you'd see would be unseen in the history of economic growth

Which Safaricom got kicked out of DRC.
Nigeria presence in Africa simply restricted to a few Banks, Dangote and Globalcom.
It cannot even get 1/4 of kenya presence.

Kenya is 2nd to South Africa - and it's in almost all sectors.

Even if we go cements - the only thing Dangote has expanded - Kenya cement companies have operations regionally.

Name anything; beer; hotels; etc etc.

It almost a given for a kenya company to have regional expansion plan.

Abohboy:
All this hyping up yet Safaricom just got kicked out of DRC? And Kenya regionally in Africa isn't ahead of Nigeria. Nigeria has companies open in Tanzania, Gabon, Togo, Mozambique etc. And they have a decently large market share we recently built a massive cement plant in Tanzania, Kenya doesn't compare to Nigeria in size of economy, number of businesses and presence of it's businesses across Africa

Near USIU - another big hostel
https://viraltea.co.ke/uploads/images/202103/image_750x_605c434aa3ea7.jpg

Outside of South Africa - Kenya is now seeing serious rise of formal private hostels.

This one is being built next to UON Chiromo campus
https://estatecloud.co.ke/wp-content/uploads/2020/11/Qwetu.png

How is that even comparable? Is that tallest structure in your campus? Look for Uganda - even little private universities like MKU beat your entire universities.
https://www.mku.ac.ke/wp-content/uploads/2021/03/Page-7-1536x1022.jpg

Just30:
It should at best compare itself with Methodist university hostel that sit on it campus...


Next time dont be desperate to roam through your town to pass accommodation facilities outside of schools as hostels

Kenya companies have long tradition of regional expansion - Comcraft is definitely the biggest.

Kenya Aluminium. This was the humble beginning of the present giant Comcraft Group of Companies which has a workforce of over
40,000, and has presence and manufacturing facilities in forty five (45) countries, sixteen (16)
of which are in Africa

Dr. Chandaria is the Chairman of Comcraft Group as well as Bank of India Advisory Committee
in Nairobi amongst others. He also sits on the Board of many successful industries like Mabati
Rolling Mills Ltd, Kaluworks Ltd, Kenindia Assurance Co. Ltd, University of Nairobi Enterprises
and Services (UNES) Ltd just to mention a few.

Compete with Uganda or Rwanda - Kenya gave TKO Nigeria - leave alone little Ghana

Name any sector - there is a kenya company that has expanded regionally

Safal group
https://docplayer.net/docs-images/58/42594374/images/3-0.png

So if we remove South African (MTN + AshantiGold) - basically next biggest company in Ghana is valued at how much?

Kenya is big regional player - leave alone investment within kenya.

Some kenya companies are huge - and can only compete with South Africa in SSA. Nigeria - you remove Dangote, Globacom and their banks - they are nowhere in Africa.

Kenya companies in almost every sector are some biggest investors in regional countries - of east, part of central and southern africa.

Only South Africa compete - and the South Africans are retreating back home - so soon Kenya will be the boss in Africa.

Just30:
we don't need to have companies with 10 billion valuations before they can make huge investment in the ever massive Ghanaian economy with lot of opportunities...

Anyway, MTN Ghana is valued at over 4 billion dollars

Kenyan companies are tiny and debt ridden, their 15 dollars investments are nothing to write home about....




Another Ghanaian company is making a 3 billion dollars investment into Ghana iron ore development with a huge industry plan in northern Ghana.

Another Ghanaian company is making 2 billion dollars investment in the Lithium batteries industry.. with manufacturing plants plan for Central Ghana.

Our companies don't need to go anywhere to look for opportunities because the opportunities in Ghana are massive...

We are talking Trillions of dollars worth of opportunities..