You can provide me names of project going on in those 3 towns...
Btw, it's good to see abeokuta CBD masterplan gradually take shape....I will want it to be that Nigerian city with so many low-rise/mid-rise and few high-rise... I would love something close to Milan ....
jln115: It doesn't have flashy skyscrapers and buildings but in terms of actual development like transport, health, Internet connectivity, education, sewage, power supply ect ect it's second to none in Africa.... Its also city were I work currently.
It's also by far the most beautiful city in South Africa imo.
Pic taken from my office window
Still looks like a town... You run your office in that bungalow..must be a antique shop..
rationalhuman: Anyone can post hundreds of stories about Nigerians rotting in prisons in entire Asia, You want to read them again? as i told you, i dont post negatives stories, only positive ones. But i am sure someone else can post if you wnat.
And I will post numerous articles as well...A tit for a tat...
Shma: The rate of development in Kenya is not a joke. This is another upcoming industrial area.
Oh pls..this is just a 5 storey building apartment block building of about 12 standing structures... Still cool anyway..but it can be found everywhere in Africa..
rationalhuman: I dont want to go that way but seems to me its true, that you Nigerians dont have empathy for your fellow bros and sis lying in Jails not only in India but in all south east Asian countries. when you are going to do something about it?
Lol you must be mistaking kenya for Nigeria....check Chennai or Delhi prisons ..it has to be Kenyans... You are their little cesspit colony
pacretus: Dumb!! Lame!! That's how you sound when you over stretch a matter.oil 9nly helps the govt with funds( 80% of govt funding). And it's input to the economy is only 8% of Gdp since it's more private driven.
jln115: bro you said in a earlier post that everybody knew that oil prices were going to rebound...... Now tell me why would everybody know except the actual experts?
Also you said oil only makes up 8% of your gdp... Thus according to you oil prices shouldn't have that much of an impact on your economy.
jln115: You see how you contradict yourself?? First you say High oil price means strong Nigerian economy............Then you say oil only contributes 8% to your GDP growth.......So which is it now Sammy?
Secondly I personally have know Idea why you are so defensive wrt Nigeria's looming recession....literally 95% of the world is/will be in recession, not just Nigeria.
The Nigerian economy WILL contract by 2-4% in 2020(best case scenario)......and that's not according to me, that's according to the experts!
jln115: You see how you contradict yourself?? First you say High oil price means strong Nigerian economy............Then you say oil only contributes 8% to your GDP growth.......So which is it now Sammy?
Secondly I personally have know Idea why you are so defensive wrt Nigeria's looming recession....literally 95% of the world is/will be in recession, not just Nigeria.
The Nigerian economy WILL contract by 2-4% in 2020(best case scenario)......and that's not according to me, that's according to the experts!
The expert didn't take rebounding oil.prive into consideration...stick to SA 5.8%....
vankelvin: If you go by Economy and Population, then West Africa will be Ahead of Southern Africa. But in terms of Infrastructure Electricity Water/sanitation Peace and security Education Employment ETC, they have the urge over us
Lol you are so mistaken... Kenya does not have better infastructure than Nigeria.. Our access to clean water is higher than theirs, and that of Ghana is even miles ahead of both Nigeria and Kenya... Lol west Africa is more peaceful than East African...most war torn shiitholes are hoarded up there e.g Somalia,Sudan and the rest..heck even Kenya is a terrorists ridden zoo.... . Kenya's unemployment rate is mile away from Nigeria by a long margin...don't even being in Ghana cos the distance is beyond much..
Electricity is all a charade in Kenya... constant electricity doesn't exist on a grand scale if things.
Education..the best of Unis in africa has a strong presence in this region..check latest ranking of unis by T.H.E or UN SDG's and you will see more west african countries ranked among top 20 than East Africa...east africa I think barely has two unis on that list..
jln115: You do realize $35 to the barrel is still fuckall right? the last time the Nigerian economy grew by more than 4% the oil price was over $80 per barrel(Brent crude)..........When Nigeria suffered its recession in 2016/17 the oil price was $50 per barrel.
Lol,lol,lol...what that freak are you saying..even bonny light is not traded at that amount... And no it went below $50 in 2016 and that brought about recession cos our macroeconomics then was weaker than it is now...I mean our monthly forex demand for import was about $4.6bn in 2015 of which about $3.2bn a month was for non oil import....I can tell you for free that as at 2018 our monthly food import declined to $590million and still declining due to the robust action taken by the govt and CBN....Thank God the border was even close pre-covid19 it would have been another story... We have a recovery and growth plan that produced 2.55% growth in Q4 2019 a d an average of 2.25 for 2019..whereas in 2014-2016 we had none.. Non-oil sector contributed 92% of this reported growth Of 2.55%...
Don't expect the kind of heat you saw in our economy in 2016 to happen now...we were completely vunerable and caught pants down...
jln115: Is going to contract between 2-4% for 2020, not just quarterly.............You obviously have no fvcking idea the impact covid19 has had and will still have on global economies!
1. I've already predicted the Rand recovery almost to the dime 2. I've predicted that SA Government bonds will recover.......SA Government yields dropped 1 basis point last week 3. I've predicted that oil prices will drastically recover by June/july
.....my bro I'm basically fvcking Nostradamus at this point!!
Enjoy SA's contraction..so long as oil price remains high our economy remain high..simple...
Don't flatter yourself..Everyone knew oil will rebound... Don't project SA's 5.8% contraction on us..