Shaytun's Posts
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Lowkey.
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While we continue to do our thing lowkey.
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Viv.
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forgiveness:GBAM. They keep getting busted. |
Marcelo290:Believe them at your own risk, lol nobody takes this people serious, we are all just doing it for fun. |
Con't. Ethiopia’s rise as a regional economic powerhouse has mostly been fuelled by mega public-sector investment similar to the Chinese model that has enabled the Asian nation to become the world’s second-largest economy in two decades. Ethiopia’s investment, as a percentage of GDP, rose sharply from 20.2 per cent in 2000 to 39.2 per cent last year and is expected to hit a new high of 39.2 per cent of the domestic output this year. While Kenya has also raised its public investments, including on big infrastructure projects, it remains significantly below that of Ethiopia. Kenya’s investment as a percentage of GDP rose from 18 per cent in 2000 to hit a high of 22.4 per cent in 2014 before receding to 21.2 per cent last year and is projected to rise to 22.5 per cent this year. PUBLIC INVESTMENTS Ethiopia’s economy is expected to grow further, riding on the state-led investment in infrastructure, according to the African Economic Outlook report. “Public investments are expected to continue driving growth in the short and medium term with huge investments in infrastructure and the development of industrial parks, prioritised to ease bottlenecks to structural transformation, which will still have to take shape with industry playing a significant role in the economy,” the report says. Ethiopia’s ongoing projects include the $5 billion Grand Renaissance Dam, with a generation capacity of 6,000 megawatts, which is expected to earn the country $1 billion annually from electricity sales, including exports. The Horn of Africa nation recently commissioned a railway linking its capital Addis Ababa to the Red Sea port city of Djibouti, fast-tracking the movement of goods and people across its vast territory. The railway line is important for land-locked Ethiopia, which uses the port of Djibouti to trade with Europe, Asia and parts of Africa. Besides, Ethiopia last year also launched a light rail project in Addis Ababa, the first metro service in sub-Saharan Africa. DEBILITATING DROUGHT The Horn of Africa nation’s GDP is set to overtake Kenya’s despite a debilitating drought that has left millions in need of aid this year – and stirred mixed feelings about its development model. Besides massive government spending, which stimulates economic growth in the Keynesian fashion, Ethiopia has other factors working in its favour in terms of its ability to attract foreign investment. With a population of nearly 100 million people, Ethiopia offers a large internal market for consumer goods manufacturers and the Addis government has in recent years firmed that up with investor-friendly policies that have attracted manufacturers and established a strong industrial base for the economy. Though Kenya’s ego may be bruised by its impending toppling from the top perch, it can take pride in the fact that it is the richer economy compared with Ethiopia. Ethiopia’s GDP per capita stood at $686.5 (Sh69,345) last year and is projected to rise to $758.9 (Sh76,648) this year, compared with Kenya’s, which stood at $1,434.3 (Sh144,864) in 2015 and is expected to hit $1,521.8 (Sh153,701) this year. Besides a richer consumer base, Kenya has a relatively more developed financial sector and human resources and is improving its standing as a regional transport and communications hub with access to the sea. AUTHORITARIAN RULE Kenya is also viewed as relatively more democratic than Ethiopia, which remains under authoritarian rule often marked by crackdowns on the press and its own citizens, such as the Oromo. More importantly, Kenya runs a comparatively more open economy, unlike Ethiopia, which has closed most sectors of its economy to foreign investors. The IMF’s GDP forecasts are based on several assumptions, such as that established policies of national authorities will be maintained and that the average price of oil will be $42.96 a barrel in 2016 and $50.64 a barrel in 2017 and will remain unchanged in real terms over the medium term. “The estimates and projections are based on statistical information available through September 16, 2016,” the IMF said. While Kenya faces the prospects of being overtaken by Ethiopia in absolute economic size, it is expected to maintain a huge lead ahead of other neighbouring countries in the region, including Uganda and Tanzania. http://www.nation.co.ke/business/Ethiopia-to-overtake-Kenya-as-Eastern-Africas-top-economy/996-3408274-x8dsv4z/ |
It is inevitable. Ethiopia’s economy is expected to overtake Kenya’s this year, buoyed by massive government spending on infrastructure that has kept the Horn of Africa nation on the list of the world’s fastest-growing economies in the past 10 years. The International Monetary Fund’s (IMF) latest statistical estimates indicate that Ethiopia’s gross domestic product (GDP) is forecast to grow from $61.62 billion in 2015 to $69.21 billion this year, narrowly beating Kenya’s output, which is expected to rise from $63.39 billion to $69.17 billion over the same period. “Ethiopia has experienced double-digit economic growth, averaging 10.8 per cent since 2005, which has mainly been underpinned by public-sector-led development,” the African Development Bank, the OECD Development Centre and the United Nations Development Programme say in the latest African Economic Outlook report. Kenya’s GDP of $14.1 billion in 2000 was 71.6 per cent larger than Ethiopia’s $8.23 billion in the same year but the Horn of Africa nation has closed the economic gap in the last five years of robust growth. The IMF’s GDP estimates are based on current market prices using exchange rates prevailing between July 22 and August 19. INVESTMENT DESTINATION Having established its economic lead ahead of Kenya, Ethiopia is forecast to maintain its position as Eastern Africa’s largest economy over the medium term — a position that is also expected to improve its standing as an investment destination |
It is only a matter of time. http://www.nation.co.ke/business/Ethiopia-to-overtake-Kenya-as-Eastern-Africas-top-economy/996-3408274-x8dsv4z/ |
Kenya is an East African equatorial nation with Nairobi as its capital city. The country is bordered by Tanzania, Uganda, South Sudan, Ethiopia, and Somalia. It has a coastline on the Indian Ocean. Kenya is the tenth richest country in Africa in terms of GDP. Even though Kenya is one of East and Central Africa’s biggest economy, the country suffers from a poor Human Development Index of only 0.519 that places Kenya in the 145th position among 186 countries in the world. Corruption is highly prevalent. 75% of the country’s workforce is employed in the agricultural sector. Developments in tourism, telecommunications, and higher education have boosted the Kenyan economy in the last few years. 62% of GDP is contributed by the service sector and 22% by agriculture and the rest by the industries in the country. http://www.worldatlas.com/articles/the-richest-countries-in-africa.html |
The West African country of Nigeria is a federal constitutional republic. Benin, Chad, Cameroon, and Niger are the neighbors of Nigeria, and the Gulf of Guinea lies to the south of the country. The Federal Capital Territory and 36 states comprise Nigeria. Its capital city is Abuja and Lagos, Benn City, Ibadan, Kano are the other important cities of the country. The Nigerian economy is one of the best in the African continent. The country’s abundant natural resources, coastal location, well-developed legal, financial, and transport sectors are some of the factors that influence the growth of the country’s economy. Nigeria has the second largest stock exchange in the continent. Nigeria acts as the biggest trading partner of the US among the other African countries. One-fifth of the oil produced here is exported to the US. The US is also the biggest investor in Nigeria. According to Citigroup, Nigeria will top in the world in average GDP growth between 2010 and 2050. http://www.worldatlas.com/articles/the-richest-countries-in-africa.html |
TayserMahiri:It is actually owned by LAGBUS, it is more of a PPP company. |
TayserMahiri:Their working hours are being extended as time goes. |
fanficgirl:Do you honestly believe that those conductor can be employed to be tourist guides? |
TayserMahiri:Lol, no that was before. I took BRT bus to work everyday now at around 4:30am. That was the same thing people were saying during the banning of Molue. It is inevitable, new BRT buses are already being introduced. |
TayserMahiri:They might have been the ticketer. Unfortunately, the new buses are making use of e-card system for payment. And that is one of the disadvantages of technology. |
TayserMahiri:And that is the question on everyones lip. "Others who spoke with our correspondent however pleaded with the state government to look into the plan holistically, by considering its implication on the lives of people who feed their families with the income generated from their daily operations as drivers and conductors. On his part, Edwin Igwe, a driver who plies the Oshodi-Toll gate route of the city, pleaded with the government to be considerate in the execution of the policy, adding that an alternative plan should be provided for the drivers. “Government should be considerate… some of us took these buses on ‘hired purchase’ arrangement, how does it want us to survive and pay the debt? Where do we even dump the buses? The plan is hasty and insensitive,” he said. Explaining further, he noted that the government could as well extend the period it plans to banish the buses from the road, so it would enable affected drivers plan for other means of survival. “Even if Ambode wants to ban the yellow buses, it should not be this year. He could as well give us a three or two years notice so that those who want to invest in other businesses would have time to plan and invest.” Mr. Bamidele, who plies the Oshodi-Ilupeju route, said the government could as well adjust the present system by regulating the activities of the bus drivers and conductors, rather than banish them from the road. “If you want to take something from someone, you give him another thing. The government can come up with alternatives for us or even make adjustment to the present system instead of banishing our buses from the road,” he said. When LEGENDVIBES approached a member of the National Union of Road Transport Workers, NURTW, Oshodi unit, he declined to speak with our correspondent. Passengers react Mixed reactions, however, trailed the news of the proposed ban among passengers who spoke with LEGENDVIBES. “I think the plan is good and will enhance development. But it will also force people out of job. Government can look at it very well and see how it will minimize the negative effects,” a trader at Oshodi market, Sadiat Ajani, said. “It is the best thing to come out of this (Ambode) administration, I support it hundred percent. Those drivers are so reckless and manner-less. They deserve to go,” a civil servant who declined to have his name in print, told our correspondent at Ikeja. Others who expressed concern over the operations of the government-owned buses, said the ‘Danfo’ drivers should be spared but their routes could be defined and regulated. “I think traders will be most affected by this plan. Let them have dedicated routes. The state-run BRT buses don’t allow traders and their goods to join the buses. Yellow bus drivers and conductors are the ones we rely on. It is possible this new system too will not allow us (traders) convey our goods in their buses. It will just lead to suffering and frustration for us (traders),” an agricultural produce trader who simply identified herself as Alimot, told our correspondent. A civil servant who works on the Island, Ade Johnson, however, said the plan would affect the transport system in the state as the proposed government-run buses would not be as effective as the yellow bus system. “I work in Victoria Island and I leave at Sango; only the yellow bus can ensure that when I wake up by 4:30 a.m., I will get a bus and get to office in no time,” he said. “Most BRTs start operation around 7:30 a.m. or even at a time later than that but ‘danfo’ is already on the road by 4:00 a.m. Again, BRTs close for work by around 9:00 p.m. or thereabouts but ‘danfo’ operates till around 11:30 p.m. or 12:00 a.m. “As you can see, if those yellow buses are banished from Lagos roads, passengers are the ones who would bear the brunt and suffer the most.” |
All you need to do to is just ask before you go blubbering and making a fool out of yourself. https://www.youtube.com/watch?v=Vw4eoZpHjc8&itct=CAkQpDAYBiITCM3V4eSAltQCFYe7VQodUowIpTIHcmVsYXRlZEjUkrqosf3wzWs%3D&gl=NG&client=mv-google&hl=en |
Before the Q1 of 2018, BRT buses would have replaced the danfo buses. https://www.youtube.com/watch?v=a5vD6xUOiVQ&itct=CAgQpDAYByITCMvwhr_8ldQCFQKcVQods7cCuTIGcmVsbWZ1SJqi6Zq_teZG&client=mv-google&hl=en&gl=NG Danfo buses have already been banned in some places in lagos. |
TayserMahiri:Most danfo owners are also the drivers. The danfo drivers are going to be retrained to drive the new BRT buses. The problem hwre is what to do with the bus conductors. |
Kenyanstar:Seriously, you are now posting screenshot from a comedy video. Dude seek help, your hatred for nigeria is making you demented. |
CocoMilian:They are being phased out with something Africa have never seen before. https://www.youtube.com/watch?v=AI2Zq_NaURo&itct=CAYQpDAYCSITCMTV5bD7ldQCFQG1VQodvZ0BiDIGcmVsbWZ1SLa1l4i4sqmZHQ%3D%3D&client=mv-google&gl=NG&hl=en |
Kenyanstar:They are being faced out, and being replace by the BRT. https://en.m.wikipedia.org/wiki/Lagos_Bus_Rapid_Transit_System https://www.youtube.com/watch?v=HTKlk4EF2rY
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Kenyanstar:Reading through their coment should have shown you the type of people thy are. Seriously, you are bringing in opinions from people who are saying military rule is better than democracy. How low can you get. |
TayserMahiri:You can try. https://ibakatv.com/mobile/ But make sure not to download old nollywood movie, you will only have yourself to blame. |
Many new nollywood movie to watch.
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TayserMahiri:Some of nigerians movie are available on Netflix, or you could also try IROKOTV |
TayserMahiri:Stop watching those old nollywood movie. Try this new ones.
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Hati13:It is inevitable. Kenya can never be a strong and influential country not even in east africa. |
mtis:Yet we have more smartphone user than the whole population of kenya. |
1 2 3 4 5 6 7 8 ... 77 78 79 80 81 82 83 84 85 (of 92 pages)
They only operate East Africa regional headquarter in Nairobi and East Africa comprises of only 10 countries compared to their West Africa regional headquarter located in Lagos that serves 20 bigger countries. 