₦airaland Forum

obaaderemi:
No,you are the one who says nonsense most days. Like when you said Kenya's economy was $50bn only to deny ever saying that.

theenchanter:
ur big 4.

cossano:
and i pointed that out, yes it is not something to celebrate,but look at the bigger picture, even in china when massive industrialization started there,cheap labor was one of the factors that drove industries to china, so many companies will rush to invest in Ethiopia due to factors such as cheap labor, then once labor becomes more educated the wages will rise and by the time this same industries will be looking for another country in the third world to relocate their companies Ethiopia would have gain so much in terms of knowledge transfer so much so that it will have its own local apparel industries to compete with the rest of the world. remember its not always about wages but transfer of knowledge.

obaaderemi:
Ethiopia will very soon be the factory of Africa. All it needs is an opening up of their economy. Do you know they just signed a deal to help Ghana restart its state airline and they'll be owning 48% of the new joint venture?

obaaderemi:
What percentage of your economy is your manufacturing? 14%.
You don't expect me to start listing what we manufacture.

cossano:
no. Kenyas manufacturing is not a joke, its the high cost of production that is killing manufacturing in Kenya, towns such as nakuru in their glory days use to be manufacturing haven but due to high taxes, exorbitant power cost, higher wages compared to neighboring countries etc the industries died, i know you said you are from nakuru, can you share images of the collapsed industries here? i mean nakuru's industrial area is a ghost town, the government must fix these, last week KEPSA, urged the govt to atleast lower corporate tax to 20% to spur industrialization in the country. under the prevailing circumstances do you expect us to compete with Uganda and Tanzania? or even Ethiopia where a worker in their EPZ earn an equivalent of kes.6,000 while their Kenyan counterparts earns almost kes.15,000

obaaderemi:
Embrace Google.

obaaderemi:
Manufacturing in Nigeria is a bigger slice of the economy than it is in Kenya.
18% of GDP.

samorobo:
You are a fool and I am not sorry to say that
. Infact a liar they say is a thief - and a liar of this magnitude as your self is definitely a hardened criminal.
Even though the truth is staring at you , you never hesitated to deny

samorobo:
If you are trying why deride the effort of your fellow african country that faces the same corrupt fate as you guys.
Where was these your "trying" when Singapore was also trying

obaaderemi:
I always make sense.It may just not resonate with you. If Kenya's economy is as sophisticated as you claim, then what stops it in dominating Africa in the manufacture of high end goods?

samorobo:
Now you are also making sense.
Anyway have you seen were acavada posted where you wrote your gdp to be $50 in 2016 or should I just post it.
Liar

samorobo:
I don't care what you believe, it's not as if I am meant to force the truth on you anyway. So long as I place the truth in the deepest part of your sub conscious mind I am okay.
Tradingeconomics acquires imf economic model.
Provide me a conversion of sh10trn in dollar so I can certify your claim. That your assignment

samorobo:
Save us your long endless cry , it's doesn't hold water..
Just because you are poor in resource doesnt mean you should start looking for partners . End your jealous projections and face reality.
Westerners and Asian had and still has resources, those Europeans that were unlucky made sure they stole from africa and all other countries they colonised both in Asia and south America to build their country.

Singapore is eve more resourcesless than you guys but ended up great let's not forget that they gained their independence in 1965 with absolutely nothing to show for it .

obaaderemi:
By the time Ethiopia liberalises its economy, it's over for Kenya. What Kenya can do is to concentrate on things that others around it can not make such as electronics and expensive fashion stuff. With the sophistication of the Kenyan economy and supposedly good power supply and infrastructure, by now Kenya should be ruling Africa in the manufacture of such high end goods.

cossano:
Nigerian economy is one of the largest informal economies in the world alongside Thailand, current credible sources put Nigerians nominal GDP at about 500b dollars, but in actual sense Nigerian economy is at 1trillion dollars. i don't know what people gain by denying the obvious, plus Kenya will never surpass the Ethiopian economy again, Ethiopia receives the largest share of FDI in the entire east African region coupled with their large population and consistent growth rates year in year out. remember Ethiopia doesn't suffer fluctuations in economic growth due to elections such as Kenya,and with the recent arrival of their reform minded prime minister in the the name of Abiy Ahmed and the normalization of ties with Eritrea, only sky is the limit for Ethiopia. Kenya from now onwards we will play second fiddle to Ethiopia until infinity due to the bad economic decisions from our economic gangsters masquerading as leaders. it suffice to say HAIL the new king in east Africa. ETHIOPIA

Acadavah:
who said this and change it to 70b in 2016.

samorobo:
Lol I have scattered these one brain ti the point that he is now consoling himself with false informations

Nonsense you are showing me gdp PPP from Wikipedia source only God know where they fed themselves that from. Boy you been caught. I am glad that I have shown you your true gdp not that one that you have been dreaming of since.

So jealous of resources blessed country.
Once again enjoy

samorobo:
You took care of the evidence

samorobo:
OK let do this again.
I hope you are with your glasses

samorobo:
Holier than the holiest righteous Mr perfect man who doesn't tell lies and don't make mistakes either.
You are trying to play dumb simply because you erased it so fast.
Let me rephrase my statement you didn't make mistake but mumu-ly wrote that

samorobo:
Yes 2018 $79bn this year 2019 no one knows what ot will be.why not covert you sn10trn so we can understand properly

Tradingeconomics uses information from imf and world bank so I don't exactly know what your sarcasm is all about
And mind you that will be in 2020

samorobo:
Not for long .ethopia's economy is growing double the size of your current gdp growth. It only a matter of months before they will overtake your debt filled gdp (cause your gdp is your debt anyway ).

As for Tanzania it might take them atleast three years, I mean when your debt starts setting in and then later around 2028 you guys won't be on the same lane due to the emergence of their LNG

samorobo:
Don't send me on some stupid errand . Just accept your mistake.
I was no blind when I read it

samorobo:
Are you blind or are you planning to go blind.
If you can't see the words properly why not zoom the image for a better view

samorobo:
Open your eyes and check my post properly .it's says 2018 not 2019 and are a mere $79bn.economy.
Who told you oil price won't rising.hate and doom has ate the better part of your life.
I hope you know that US -CHINA trade war is at the verge of settlement and once that occur oil price would be back on track. And even if that doesn't happen we will personally save all oil producing nations in the world particularly africa with the emergence of dangote refinery.
Next I will be updating you on our minning sector. Damn it nigeria is so blessed.
Pls post currency that are reputable not some inflated currency. That way I can gracefully watch your non $100bn economy

samorobo:
Common get out and spare us your own stupidity.

I personally read it when you said $50bn .same thing your rvp whatever brother said

samorobo:
Like I said you can never reach that height. Nigeria gdp is set to be $690bn despite slow growth that has been predicted by I'mf. But we are committed to changing that.
Like I said you can't reach that height. It s not even your destiny to rule east africa but I can confidently say that with ethopia growing at 10% and Tanzania with it lng you won't be holding that position for long ,all thanks to your debt and neocolonialism

samorobo:
[b] whenever kenyans tell you that they are $100b economy and they have surpassed angola pls ensure you give them the biggest slap of their life to bring them back to reality. Angola just got out of recession with an estimated growth of 1.2% which has been predicted but they will grow by 3.2% next year due to the improvement of non oil sector which is expected to trend around 4.5% In 2020 at against 1.5% in 2019, all thanks to their massive diversification plan. So why they start enjoying these growth next year we will help them soar higher by 2022 with emergence of dangote refinery which set to improve africa sloppy economy and stablize oil price(kindly note that this is for oil producing nation not some overhyped debt filled, white investment driven laughable $79bn economy )
Kenyans know the truth but they always delude them self into thinking that they are special and can achieve anything despite their resourcesless land.
Tylann, rvp this is mostly for you two that has been shouting kenya is a $100bn economy and that you will overtake angola,morroco, Algeria , Egypt and south africa (pls let me laugh here, south Africa this guys must be stupid dreamer. Even if you are drunk how on earth do you think you can and will ever surpass south africa. Envious goat that always speak doom to other countries.)
Look at them pretending that they feel pity that south africa is still struggling with recession when they infact love it. Kenyans have always been jealous of countries that are ahead of them but will only pretend to xhosanostra so they can form alliances.They hate the fact that they were left out when resources was been share.hahaha unemployment rare 40%

Below are two different sources that states what kenya's true gdp is. Pls don't forget to check the dates and while you are at it I will welcome you at the end of 2020 with your $90bn economy not $100 [/b]

Acadavah:
You post this yourself and now you change and say it was 70 in 2016. Who is fool here?

Acadavah:
I smell overcooked economy. That means From 2016 to 2019 kenyan economy grew by 50b 100% i.e 33.3% average.

theenchanter: