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Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 4:45pm On Jul 01, 2017
ednited:
thanks!! whats Gidigba tho?
Basically means "standing strong".
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 4:08pm On Jul 01, 2017
freshest4live:
Hmm maybe the Ethiopians were also from Nigeria and they are drug addicts according to lionessza.
Just Take a look at this list of top african entrepreneur.


https://www.entrepreneur.com/article/283272

You begin to ask yourself this question, is it the blacks that are the majority in south africa or is it the other way round? If the blacks are the Majority then what the fooouk are they doing.
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 3:57pm On Jul 01, 2017
obaaderemi:
It went viral how they killed a helpless Malawian brutally.The South Africans are just shameless!Considering the fact that Ethiopians are mainly easygoing.Those guys are just crazy.Apartheid did something nasty to their brains.But they dare not go near their white masters who are actually robbing them blind.
Its something that is expected, considering they suffer more than a century long of slavery in their own country, but that doesnt making it any less mind bloggering.

Their problem was compounded by their laziness and their government introduction of too much citizen welfare. Sector such as education, defence, health have been starved on funds just so little fat lazy SAn could have more money to spend.

And yet they are still conducting Mass Protest saying it is not enough. IMAGINE.

There was a post i read from a full grown mature SAn saying he expect his government to buy him a car. CRAZINESS.
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 2:59pm On Jul 01, 2017
NairobiWalker:
1. The GDP should have been triple - of course it should. Rampant looting and negligence that saw several local industries close shop or brought to their knees (sugar industry for instance) while others moved to other countries (e.g Sameer to India) while we saw former petty politicians like Duale who barely owned anything other than their MP salary become billionaires plus a host of other scandals prevented this.

2. Oil discovery came with lots of speculation and more investments came in creating a multiplier effect that played it's part on the GDP. Go to Turkana county and see what's happening their. Remember the Chinese who considered Tanzania their biggest E African ally moved to Kenya after the oil discoveries. Avic is setting up a mega headquarter in Westlands now. Lappset - the largest project in Africa currently is happening because of the oil discovery.

3. See - Kenya's GDP was $55 billion in 2013 after rebasing. Contrary to Kikuyu1's assertions, it never doubled unless you consider the 2013 figure before rebasing. The population of Kenya is said to have increased by around 5M over the same period. This translates to a GDP per capita rise of just about 20%. (from around $1370 to $1666). Meanwhile see the prices of some basic commodities over the same period.

1. Bread - KES 40 - KES 50 (20% increase)
2. Kilo of beef - KES 240 - KES 450 (87% increase)
3. Maize flour 2KG - KES 90 - KES 160 (78% increase)
4. 500ml milk - KES 30 - KES 60 (100% increase)
5. Electricity token - KES 12 - KES 18 (50% increase)
6. Sugar 1kg - KES 100 - KES 240 (140% increase)


Those are just a few examples of the most important products in the country - and before I forget, the national debt rose the fastest during those 5 years. Now tell me with a straight face if the gains in GDP within the last 5 years has really improved the living standards the ordinary Kenyan other than the corrupt tenderprenuer. You don't want us to be like the Nigerians who take pride in GDP figures while the ordinary mwananchi can barely afford basic needs.
Lol, Another deluded individual.

An average nigerian has a better life than is Kenyan counterpart.

FACTS.
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 2:55pm On Jul 01, 2017
freshest4live:
Yeah and it says in parts of Southafrica, ritual killings are not even reported and are culturally accepted, yet these are thesame people who think they can judge others.
south africa is internationally known as the ritual capital of the world, No contest. grin grin

If you want to bust their bubble just ask them about "muti murder/killing".
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 2:39pm On Jul 01, 2017
chkil0:
Percentage of Population with Access to Electricity in Africa
grin grin
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 11:39am On Jul 01, 2017
freshest4live:
Yeah and it says in parts of Southafrica, ritual killings are not even reported and are culturally accepted, yet these are thesame people who think they can judge others.
Its part of their culture thingy grin grin

Some of their mainstream media even have a special section dedicated to ritual killing news.

http://m.news24.com/news24/&sa=U&ved=0ahUKEwiOk6eZ8efUAhXJOxoKHTVED4gQFggWMAQ&usg=AFQjCNEpanCo6pU8jBmRjbnjE24pX483kg

http://m.news24.com/news24/SouthAfrica/News/police-are-failing-us-say-mpumalanga-residents-frustrated-with-ritual-killings-20170701
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 11:37am On Jul 01, 2017
freshest4live:
Yeah and it says in parts of Southafrica, ritual killings are not even reported and are culturally accepted, yet these are thesame people who think they can judge others.
Its part of their culture thingy grin grin

One of their mainstream media even have a special section dedicated to ritual killing news.

http://m.news24.com/news24/&sa=U&ved=0ahUKEwiOk6eZ8efUAhXJOxoKHTVED4gQFggWMAQ&usg=AFQjCNEpanCo6pU8jBmRjbnjE24pX483kg

http://m.news24.com/news24/SouthAfrica/News/police-are-failing-us-say-mpumalanga-residents-frustrated-with-ritual-killings-20170701
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 11:31am On Jul 01, 2017
freshest4live:
That lady knows Nada about Nigeria, she is ranting about having free education from primary school in southafrica as though it's new thing to us.
They accuse you of being ignorant of their country and yet are proud of their own ignorance of your country. They think we have a lower living standard than they have not because they've come to see the whole country for themselves but because they read Nairaland where we protest and criticize ourselves cos we are not satisfied.
Too much time on Nairaland, I think thats's her problem.
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 11:24am On Jul 01, 2017
freshest4live:
That lady knows Nada about Nigeria, she is ranting about having free education from primary school in southafrica as though it's new thing to us.
They accuse you of being ignorant of their country and yet are proud of their own ignorance of your country. They think we have a lower living standard than they have not because they've come to see the whole country for themselves but because they read Nairaland where we protest and critize ourselves cos we are not satisfied.
Imagine that jayceon thinking he has a higher living standard than the average Nigerian. Funny peeps.
No mind them jare.

Read this report on ritual killing in africa.

And you will see that not only is ritual killings a norm in south africa, IT IS culturally ACCEPTED by south africans.

And you can clearly see that Nigeria has aknowledge and is working towards resolving that isssue.


"Activists rallying against ritual killings are calling for stronger protections , including legislation that would allow for the regulation of traditional healers. Some countries, such as Uganda, Rwanda, and Nigeria have taken steps to begin regulate traditional healers, but regulation is not widespread. Appropriately regulating traditional healers could provide necessary protection for individuals seeking care from traditional healers and could hold healers accountable for unlawful acts, such as ritual killings. Furthermore, regulation could provide protection for traditional healers , for example, with respect to intellectual property rights."

http://hrbrief.org/2012/09/the-practice-of-ritual-killings-and-human-sacrifice-in-africa/
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 11:16am On Jul 01, 2017
Nowenuse:
Listen here. One thing you will never find a Nigerian doing is denying the situation of things in their country. No we will not!
I will not deny the fact that some of the things you listed here are not found in Nigeria, however we are beginning to develop all these things.

The national housing mortgage system is now being introduced into Nigeria where you can own a good and comfortable house for a very small amount of money from the begining (for just about 100 dollars).

Feeding primary school students has been launched and kicked off in some Nigerian states.

Our government schools which are also scott- free to SS3 (12th grade) have also seen drastic improvement in most states.
Our university tuition is also as good as free, i paid only 50 dollars per session in my university! And upon that, i received annual bursary payments! Most Nigerian students are embursed annually.

Nigerians are not taxed heavily like most other countries like yours where people are even taxed for the air they breathe, this to a large extent has made our cost of living very very cheap compared to other african countries.

I will look for the picture of my family house in a northern Nigerian village for you and you will see that the road at the front of the house is tarred. Many Nigerian villages and towns have tarred roads, but i won't argue the fact that many more are not tarred.

The decades of military rule in Nigeria destroyed the progress of Nigeria and set us decades backwards in development and this is why we are where we are today. However, since the return of democracy, a lot of improvements have been recorded and many more are on track!
You can see the new world class cities and islands being built in Nigeria from the scratch! This is to tell you we are not joking! We are working very hard to recover from the wasted and destroyed years of the military era. This is why we do not have the time or like to engage in flexing muscles with other countries. You guys are the ones always interested in muscle flexing!
You fools keep acting as if your country is paradise when there are also enough problems in your country for Africa!

So, look here biitch, pointing out Nigeria's problems is not painful to any Nigerians, we know and fully acknowledge our problems and are working hard!

Where were you guys when we displaced you to become the largest economy in Africa? Were you guys not taking the lead for donkey years in the past?

I really do not want to start showing you pictures about developments in Nigeria cos we have been doing that over a thousand pages ago till now! There are other important things to discuss!
In parts of South Africa , ritual killings are culturally accepted, and the practice is often not reported by community members.

http://hrbrief.org/2012/09/the-practice-of-ritual-killings-and-human-sacrifice-in-africa/
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 10:41am On Jul 01, 2017
Lionessza:
Where did I say they don't do it? .yes those are random cases , unless you can prove otherwise. We all know in Nigeria ritual murders are a norm , no use denying that.
Who are the We?

Ritual Murders is an african thingy, Stop trying to attach it to only Nigeria by force.

All Sub saharan african nation are guilty of that.

The way you talk make it seems as if youve lived your whole entire life in nigeria.

Have you ever lived in nigeria?

Or is it that all what you know about Nigeria you learn from Nairaland?
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 10:30am On Jul 01, 2017
Jayceon:
You feel sorry for someone whose living standards are millions times better than your zoo life? Well played shít-tun,well played

............/´¯/)...........(\¯`\........... ............/....//.............\\....\........... .........../....//................\\....\.......... ...../´¯/..../´¯\.........../¯`\....\¯`\...... .././.../..../..../.|_......_|.\....\....\...\.\ (.(....(....(..../.)..)..(..(.\....)....)....).) .\................\/.../....\...\/................/ ..\................. /........\................../ ....\..............(............)............../ ......\.............\.........../................
Jayceon:
You feel sorry for someone whose living standards are millions times better than your zoo life? Well played shít-tun,well played

............/´¯/)...........(\¯`\........... ............/....//.............\\....\........... .........../....//................\\....\.......... ...../´¯/..../´¯\.........../¯`\....\¯`\...... .././.../..../..../.|_......_|.\....\....\...\.\ (.(....(....(..../.)..)..(..(.\....)....)....).) .\................\/.../....\...\/................/ ..\................. /........\................../ ....\..............(............)............../ ......\.............\.........../................
Are you sure that sure that "your" living standard is above mine?
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 10:08am On Jul 01, 2017
Jayceon:
You feel sorry for someone whose living standards are millions times better than your zoo life? Well played shít-tun,well played

............/´¯/)...........(\¯`\........... ............/....//.............\\....\........... .........../....//................\\....\.......... ...../´¯/..../´¯\.........../¯`\....\¯`\...... .././.../..../..../.|_......_|.\....\....\...\.\ (.(....(....(..../.)..)..(..(.\....)....)....).) .\................\/.../....\...\/................/ ..\................. /........\................../ ....\..............(............)............../ ......\.............\.........../................
Are you sure that sure that "your" living standard is above mine?
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 5:38am On Jul 01, 2017
Tzardom:
"Nigeria could be the fast growing economy over the period to 2050"

"Nigeria could push UK and France out of top 10 Economies''


LOL!
Another demented Fool..

Estimates boy, Estimates..

Or is your brain too shallow to process that..
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 5:30am On Jul 01, 2017
Jayceon:
LOL zoogerians convincing and assuring themselves that they are somehow sophisticated human beings.The same uncivilized savages that chop off human heads and mine human skull in the quest of becoming millionaires grin ...PATHETIC *spits*
Lol.

Another victim of slavery.

Must Hurt, being enslaved in your own Motherland.

I feel your Pain jayceon. Believe me i do.
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 9:20pm On Jun 30, 2017
shervydman:
we don't need to fight at all time........its alright peeps. wink
Not going to keep quiet... If someone said "shit" about my country.NEVER.
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 9:16pm On Jun 30, 2017
NIGERIA THE FUTURE OF AFRICA


''We project new emerging economies like Mexico and Indonesia to be larger than the UK and France by 2030
(in PPP terms) while Turkey could become larger than Italy. Nigeria and Vietnam could be the fast growing
large economies over the period to 2050.'' PriceWaterHouseCoopers

https://www.pwc.com/gx/en/issues/the-economy/assets/world-in-2050-february-2015.pdf

''Indonesia, Mexico and Nigeria could push UK and France out of top 10 Economies''

http://www.pwc.com/jp/en/japan-press-room/press-release/2015/world-in-2050-150227.html
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 9:13pm On Jun 30, 2017
Nowenuse:
Keep deceiving your xenophobic self.

Why wouldn't your government put so much efforts on Hiv when you guys Bleep like animals and transmit it everywhere? Nigeria dealt with Ebola in one swoop even when it was ravaging other Neighbouring countries.

Quote me when you stop having the highest HIV population in the world. It is not by writing wishful memos.
LOL

South africa of all places..


What do you expects from a country where their president told them that having a bath can cure you of HIV/AIDS.
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 9:31pm On Jun 29, 2017
AMBODE signs agreement With Investors on 300MW Embeded Power Project.


Akinwunmi Ambode, governor of Lagos state on Tuesday signed an agreement with investors to generate 3,000 megawatts of power over the course of seven years, sources tell BusinessDay.
Tagged the “Lagos State Embedded Power Programme,” has the objective to deliver 3,000MW incremental electric power to drive the burgeoning economy of Lagos at the cost of $3billion, subject approval by the Nigerian Electricity Regulatory Commission (NERC).

The first phase which will be commissioned before the end of the first quarter of 2018, is expected to deliver 520MW incremental power, while additional 1,070MW will be delivered by the fourth quarter of 2018. The balance of 1,410MW will be completed by 2022.

According to details of the agreement seen by BusinessDay, Lagos state government will provide 3 months rolling bank guarantees to support the Power purchase Agreements (PPAs), which will be signed between the distribution companies and the embedded power providers (EPPs), to enhance bankability of the projects.

In the agreement, Lagos state government will secure gas for the projects through provision guarantee to gas suppliers using its Ibile Oil & Gas company.

“Given the intractable challenges of local gas market, and to guarantee uninterrupted gas supply to the EPPs, Lagos State has finalised arrangements with reputable international gas suppliers to deploy a floating storage and regasification unit (FSRU) to be moored on Lagos waters and this will be further supported by trucking of LNG from the South-South (in the short-term),” said the document.

According to the agreement, the required liquidity for the transaction volume of about N4trillion is largely private sector funded, self-liquidating and employing series of contingent financial instruments.

The state will carry out a comprehensive power audit exercise in Epe, Ikorodu, Ikeja, Badagry, Marina, Ibeju Lekki, Apapa and Ikoyi where the embedded project will be deployed.

In the arrangement, prospective EPPs will generate and inject off-grid power for distribution through the network of Eko and Ikeja DisCos. Huge investments are anticipated in upgrading distribution infrastructure of the DisCos such as 33/11kv, step down sub-stations, distribution transformers and feeders.

Lagos and its joint venture partners plan to recover costs from the wheeling charges due to the DisCos based on agreed terms. Proposed tariff is N52.52 per kWh.


https://www.businessdayonline.com/ambode-signs-agreement-investors-lagos-3000-mw-embedded-power-project/
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 7:25am On Jun 29, 2017
GERALD710:
Slums, based on innacurate information.
Nigerians have an inflated sense of their entertainment industry.I come from coastal Kenya,we do not watch Nigerian movies.We watch Bollywood and Hollywood.
Indians have little power in Kenya.Kenya is defined by tribal politics.Indians are yet to be designated as a tribe, even though they clamor for it
As for Whites in Kenya, they are a virtual non entitiy these days.Politically and economically, they are dwarfed by the Government of Kenya.
As for African cultures, the Maasai culture is one of the most recognizable form of African culture out there.Whether you go to China, the US or the UK, the Maasai are known.
Nigerians are associated with the 'Nigerian Prince 'culture and the drug culture.
In my own country, you have brought us this drugs nonsense!
https://citizentv.co.ke/news/two-nigerians-arrested-with-heroine-worth-ksh-4-5m-in-mombasa-168947/

Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 7:17am On Jun 29, 2017
genieluv:
Lol, Loler, Lolest cheesy

Here's mine

Teacher : Class, who can give me an example of future tense used in a sentence?

Student : I sir, ....."Kenya will be the future of Africa".

Teacher : No dumb-head, that is not a future tense, it is a 'future impossible tense' cheesy
Hahaaaha.

Kenyans and self delusion.

Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 7:09am On Jun 29, 2017
nemesis2u:
lol
kenyan guys here dont play smart with google

just google this
"second largest employer in Nigeria after Nigerian government" grin

if u have difficulty add i**** at the very beginning

dont blame me, i want the interesting and entertaining fight to reach new heights

it is turning into a good info thread

anyways i am outta here pronto grin

leaving nairaland....
And the result would have given you this...


"Nollywood Nigeria second largest employer "

But since this didn't corabolate with the "truth" you are looking for, you choose to ignore it.


HUMANS!!! I tire for thee.
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 11:39pm On Jun 28, 2017
TayserMahiri:
This American guy thinks Kenya is the Future of Africa. He has some very harsh words for Nigeria and South Africa grin

He says Nigeria is so damn corrupt that they cant get out their own way and South Africa is not Africa


https://www.youtube.com/watch?v=bNjxdxPcSTg
Bwahahhaahahah

LWKMD.

TayserMahiri Let me tell you a joke about a conversation between a student and teacher.


Student: Sir, What is the Highest Delusion A man Can Have.

Teacher: Believing Kenya Has a Future.
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 11:27pm On Jun 28, 2017
Nigeria Could Teach the West a Few Things.


A trip is often defined by its surprises, so here are my biggest revelations from six days in Lagos, Nigeria.

Most of all, I found Lagos to be much safer than advertised. It is frequently described as one of the most dangerous cities on earth. Many people told me I was crazy to go there, and some Nigerian expats warned me I might not get out of the airport alive.

The reality is that I walked around freely and in many parts of town. I didn’t try to go everywhere or at all hours, and I may have been lucky. Yet not once did I feel threatened, and I strongly suspect that a trip to Lagos is safer than a trip to Rio de Janeiro, a major tourist destination. (In my first trip to Rio I was attacked by children with pointed sticks. In my second I found myself caught in a gunfight between drug lords). Many Lagos residents credit the advent of closed-circuit television cameras for their safety improvements.

So if you’re an experienced traveler, and tempted to visit Africa’s largest and arguably most dynamic city, don’t let safety concerns be a deal killer.

The surprises mount. For all the negative publicity, many parts of Nigeria, especially Lagos, could and should serve as exemplars for religious tolerance.

The reports of Boko Haram and terror killings are well known, and they reflect the interlocking and sometimes deadly combinations of regional, religious, sectarian and ethnic identities in the country, not to mention extreme inequalities of income and opportunity. Yet Nigeria has about 180 million people and is larger than Texas. The violence is the most frequently reported story in the West, but the underlying reality is far more complex and shows positive features.

For instance, the city of Lagos is in many regards a marvel of religious tolerance. Nigeria is about 50 percent Muslim and 40 percent Christian, and the area surrounding Lagos is also highly mixed in terms of religion. That may sound like a recipe for trouble, but in matters of religion Lagos is almost entirely peaceful. Religious intermarriage is common and usually not problematic, as is the case in many (not all) other parts of Nigeria as well. Many top Nigerian politicians have married outside their religion, kept two separate religions in the family and enjoyed continued political success.
Consider the scale and speed of this achievement. Lagos, with a population of about 20 million, is larger than many countries. It is the most commercially oriented part of Nigeria, and it grew so large only in the last few decades, as it attracted entrepreneurially minded people from many parts of Nigeria and other African countries. By one estimate, 85 new residents arrive
every hour. That may sound chaotic, but in essence Nigeria has in a few decades created an almost entirely new, country-sized city built on the ideals and practice of religious tolerance. The current president, Muhammadu Buhari, is a Muslim who was
supported in his election by many Christian leaders, on the grounds that he would fight corruption more effectively. His running mate served as a Pentecostal pastor.

The recent history of Nigeria, Lagos in particular, is also a counterweight to some recent Western political trends. Many Westerners today fear resurgent nationalism, as illustrated by the U.K.'s vote to leave the European Union and the election of Donald Trump.

In Nigeria, nationalism is largely a progressive force, bringing the country together and allowing nation-building and infrastructure development. However imperfect or backward these processes might be -- Nigeria has at least 270 distinct
ethnic groups and 370 languages -- in Nigeria one is rooting for nationalism to succeed. And it’s in Lagos, the country’s largest and most important window to the outside world, where the understanding of the importance of a common and stable national identity has made such progress.
Many Westerners used to consider much of Africa backward in this regard, but we Westerners are learning again that national cohesion isn’t always so easy. Perhaps the political spectrum in many Western countries can realign itself in a direction analogous to some features of Nigeria, to ally liberalism and nationalism once again.

https://www.bloomberg.com/view/articles/2017-01-03/nigeria-could-teach-the-west-a-few-things
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 11:16pm On Jun 28, 2017
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 11:10pm On Jun 28, 2017
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 9:27pm On Jun 27, 2017
Hbuyosh:
I said "developed" in the African comtext, (duh! Whatever that means!)

Indeed were it not for the past challenges Nigeria experienced, which begun shortly after independence, the country would have been really far ahead today. Mistakes were made, it is good that it is now trying to rectify the errors of the past.

Sorry if I said anything out of turn.
My brother, No lele wink wink wink wink
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 9:19pm On Jun 27, 2017
The Next Eleven Countries.


The Next Eleven (known also by the
numeronym N-11 ) are the eleven countries –
Bangladesh , Egypt, Indonesia , Iran , Mexico ,
Nigeria , Pakistan , the Philippines , Turkey ,
South Korea and Vietnam – identified by
Goldman Sachs investment bank and economist Jim O'Neill in a research paper as having a high potential of becoming, along with the BRICS countries, among the world's largest economies in the 21st century.

The bank chose these states , all with promising outlooks for investment and future growth, on December 12, 2005.

At the end of 2011, the four most prominent countries in the Next Eleven, Mexico, Indonesia, Nigeria and Turkey (commonly referret to as MINT), made up 73 percent of all Next Eleven GDP. BRIC GDP was $13.5 trillion, MINT GDP comprising almost 30 percent of that: $3.9 trillion.

https://en.m.wikipedia.org/wiki/Next_Eleven
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 8:56pm On Jun 27, 2017
The Next Eleven Countries.


The Next Eleven (known also by the
numeronym N-11 ) are the eleven countries –
Bangladesh , Egypt, Indonesia , Iran , Mexico ,
Nigeria , Pakistan , the Philippines , Turkey ,
South Korea and Vietnam – identified by
Goldman Sachs investment bank and economist Jim O'Neill in a research paper as having a high potential of becoming, along with the BRICS countries, among the world's largest economies in the 21st century.

The bank chose these states , all with promising outlooks for investment and future growth, on December 12, 2005.

At the end of 2011, the four most prominent countries in the Next Eleven, Mexico, Indonesia, Nigeria and Turkey (commonly referret to as MINT), made up 73 percent of all Next Eleven GDP. BRIC GDP was $13.5 trillion, MINT GDP comprising almost 30 percent of that: $3.9 trillion.

https://en.m.wikipedia.org/wiki/Next_Eleven

Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 8:48pm On Jun 27, 2017
The Next Big Thing.



The former Goldman Sachs economist Jim O'Neill will forever be associated with the term BRIC, which he coined as an acronym for Brazil, Russia, India and China (now commonly bracketed with South Africa to make BRICS). The term caught on and has been common parlance for a decade now. And now O'Neill, though no longer with Goldman, has a new one: the MINT countries.

Mint? This term refers to Mexico, Indonesia, Nigeria and Turkey, and O'Neill's premise is that these will be the next economic powerhouses. They are bound by a few key themes: young populations, useful geographical placement, and (Turkey excepted) by being commodity producers.
Personally I have mixed feelings about the MINTs, and also think that any use of this idea as an investment theme ought to take into account just what's happened to the BRICS in recent years. But we'll come back to that.

First, the good news. Mexico and Nigeria have some of the best prospects in all emerging markets. Nigeria, in particular, is thought to be in an economic sweet spot and has gathered increasing attention from world investors over the last year. It is about to undergo a GDP re-basing - a reassessment of the country's GDP - and when that happens, it may well prove to be the biggest economy in Africa, bigger even than South Africa. Reniassance Capital, for example, estimates that Nigeria's economy was worth $405 billion in 2013, compared to $355 billion for South Africa. On top of that, Renaissance points out, it will become 20% of the MSCI

frontier index, is undergoing a period of reform with some considerable ability in the public sector (notably the finance minister and central bank governor), and even without reform has grown by 7% a year since 2000. There are considerable challenges, from corruption to theft of natural resources, but Nigeria is a high-population market of growing wealth and opportunity.

Mexico, too, is increasingly the Latin American market that investors like most. It is increasingly common for investors to say they like Mexico "because it isn't Brazil", and although that remark is naturally a bit flippant, there is some truth in it: whereas Brazilian companies have tended to be sluggish and mired in state policy, Mexico's benefit from market-friendly reforms and a sense of national momentum under President Enrique Pena Nieto, expected to attract steady increases in foreign investment.

The thing about Indonesia and Turkey, though, is that they are both the market darlings of about two years ago. Back then, Indonesia was much the most adored market in Asia by both debt and equity investors: a country that had made the successful transition from military dictatorship to democracy, and which had elected a stable and admired government; a very strong domestic demand story which insulated it from the global financial crisis; a young demographic; and plentiful supplies of coal at a time when China's need for fuel had never been greater. But several things have since gone wrong. The fiscal picture has been damaged by twin deficits, the currency has fallen, concerns have grown about foreign outflows from the country, there is an election coming in which President Susilo Bambang Yudhoyono cannot stand again, commodity prices have fallen, and there has been disappointing progress in infrastructure development.

Then there's Turkey. In November, the IMF put out a report on Turkey saying that it "can only sustain high growth at the expense of growing external imbalances." It called for a mighty 250 basis point rate hike in the key policy rate, one of the most aggressive IMF reports in memory. Turkey's inflation rate is close to 8%, and it also faces deficit problems and a weakening currency. There are some who think there is a meltdown coming in Turkey, and while not everyone takes that view, it's worth quoting Renaissance again on the relative merits of these MINT economies: "We like Nigeria for the first quarter of 2014. We're not at all sure about Turkey."

One point O'Neill makes about these countries is their location: Indonesia as the heart of southeast Asia, Mexico benefiting from proximity to the USA, Turkey with its combination of eastern and western attributes, and Nigeria as the most bouyant illustration of a rising African continent. It's true that these locations do have a likely positive impact on trade.


https://www.forbes.com/sites/chriswright/2014/01/06/after-the-brics-the-mints-catchy-acronym-but-can-you-make-any-money-from-it/#51adfd5629a6
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by Shaytun: 8:43pm On Jun 27, 2017
shervydman:
MAKOKO...........the venice of Africa. grin grin grin grin grin
grin grin grin

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