₦airaland Forum

mtisTheQubit:
guy was cool in the days..i remember he visited kenya.

I will always love to visit kenya. I was in kenya in February this year.

tylann:
It is because you don't have any real shopping mall in nigeria

Not only in nigeria. I have been to your biggest mall ,two river mall , in late february to early match this year, dont be crazy about mall, I was also at your village market. The village market is cool, I love the concept. That is why 80percent of visitors at the village market are foreigners. I saw they are also expanding. Very cool place. But the mall is nothing special just big but like a regular mall with 90 percent kenyans.

tylann:
Just google the difference between a shopping mall and supermarket
And stop embrassing yourself and your country

I said what difference does it make to me? I didnt ask what is the difference. Use your brain for once.

[quote author=tylann post=88062101]Here goes another one thinking shopping malls serves the same purpose as supermarkets
[/quote

This one is crazy about mall. What difference do I feel about mall, is it the large space? The elevator? The only thing unique about mall is that of a one stop market. But do I feel any different going to a mall when all I need at the moment can be got at the supermarket or pharmacy or the boutique or the restruant opposit or across my street.

TayserMahrii:
the name Cant forget uzzyfire

TayserMahrii:
In the case of Dangote we're talking of a Plutocracy, a society in which immensely wealthy individuals treat the country like personal property. I dont think things are changing, the plutocrats are only entrenching themselves.

https://nymag.com/intelligencer/2017/12/how-the-rich-use-the-government-to-enrich-themselves.html

i would have liked other nigerians to rely you on this. but to educate you a little, dangote is urely a businessman man just like you have the guy that built two river mall. just like you have bill gates etc. he is not the only one operating in the industries he is. leave him out of the discussion or are you jealous of him

TayserMahrii:
Uzollik? sup bro.

Right to some extent/ But when it gets to the level where individuals build roads and refineries, then there is no point having a govt.

its uzzolik you have been following u?

TayserMahrii:
Uzollik? sup bro.

Right to some extent/ But when it gets to the level where individuals build roads and refineries, then there is no point having a govt.

yea, that used to be, but now things are changing, governance has moved to the next level. like i said government is concentrating more on governance. what you said can be done through (ppp). if you watch Buharis government, he is not building any new projects, he is concentrating on comleting already existing ones. after which subsequent governments could start new projects using ppp. examples of PPP Projects, Second Niger bridge, fouth mainland Bridge lagos(in the Pipeline), lagos ibadan railway construction, abuja kaduna railway ,etc
some wholly Private sector driven are; eko Atlantic, centenary city(in the pipeline)etc.

gallivant:
A central market is not a mall hobbit. Sometimes just accept Ghana is still operating in the dark ages.

what is there about malls, at the present age, somebody is still boasting about malls. what economic impact is all these showcase of a mall ? just educate me. i mean, trust nigerians, what is the difference between a two river mall and a shoprite placed side by side since both can satisfy their needs? they would fix your fuckup, just go to river mall and snap some pics and go their way.

TayserMahrii:
its the work of the govt to invest in such projects like refineries not individuals. On the other hand, its the work of individuals to build malls not the govt. somebody is seriously having misplaced priorities.

why all the time government !government !and not private individuals. nigeria has grown to leaving most of all theses investments to private sector, you haven't heard of public private partnership (PPP)? we have come along way to this point. the public sector has been discovered to be inefficient in handling such investments. example of moribund industries like NITEL,Nigeria airways,NEPA etc. nigeria is un bundling all its investment and handing over to private sector, it is private sector than runs the economy efficiently( see USA etc).very soon NNC would be un bundled and handed over to the private sector, it is called capitalist economy.
Nigeria has four refineries that are operating far below installed capacity, public sector cannot handle such well especially in nigeria. governmnet should concentrated on governance e.g policy making and foreign relation and leave investments to private sector. it can only regulate or have minimum stake or invest in capital intensive projects.
malls are not an exception from the above.
which one is a more misplaced priority? why would dangote or any serious business man be building malls while there are a handful of malls and supermarket all over the place. what economic impact will that have on the economy. it will rather sending small scale shops to close and rendering many unemployed. people, we are encouraging local content. you need to see what nigerians are building in the oil and gas and other sectors to encourage local content.
we are trying to be self sufficient in all areas, God willing we will get their. that is why if you see what the government is doing in the agric sector, using the anchor borrowers scheme,trying to reach self sufficiency in rice and other commodity production, you see when the borders were closed, there was no shaking, the anchor borrowers scheme has encouraged massive investment in rice mills in large scale. there are so many large scale rice mills manufacturing local rice, you wont differentiate from what used to be foreign rice.
the manufacturing sector was not left behind,using bank of industry, companies like innoson car manufacturing benefited a lot from the BOI. there are lots of SMEs scattered all over the place.

Read full text of Buhari's N10.33trn 2020 budget presentation here;https://www.pulse.ng/news/local/buharis-n1033trn-2020-budget-read-full-text/76n8rtk
states add up N9.3 trillion total budge
Total N19.63 trillion, do the mats its about $53B

According to the data, the 36 states and FCT cumulative budgets for 2020 have remained largely the same, with the 36 states and the FCT budgeting a total of N9.331 trillion for 2020, slightly short of the total of N9.330 trillion budgeted in 2019.

The 2020 budgets' total however does not capture any figure for Bayelsa State following the recently concluded governorship election and a handover slated for February 2020.

The Commissioner for Information and Orientation in the state, Daniel Iworiso-Markson, explained that the 2019 budget would run till the end of Dickson's tenure - February 14, 2020.

The 20 states that reduced their estimates in line with the prevailing economic realities are: Abia (N141-N136bn), Adamawa(N224-N183bn), Akwa Ibom (N673-598bn), Anambra (N157-N137bn), Bauchi (N199-N167bn), Benue (N200-189bn), Borno (N145-N144bn), Delta (N390-N389bn), Edo (N184-N179bn), Imo (N251-N197bn), Ekiti (N130-N125bn), Niger (N195-N148bn), Jigawa (N160-N153bn), Oyo (N285-N213bn), Ondo (N194-N138bn), Kebbi (N151-N138bn), FCT (N243-N232bn), Kano (N220-197), Nasarawa (N191-100bn) and Ebonyi (N188-N178bn).

The 15 states that increased their estimates are: Cross Rivers (N1trn- N1.1trn), Enugu (N109-N170bn), Kogi (N147-N176bn), Kwara (N158-N162), Lagos (N874Bn-N1.1trn), Gombe (N122-N131bn), Plateau (N154-N172bn), Rivers (N480-N530bn), Sokoto (N170-202), Taraba (N146-N213bn), Yobe (N92-N108bn), Zamfara (N135-N182bn), Kaduna (N157-N259bn), Katsina (N202-N249bn), Ogun (N400-N449bn) and Osun (N154-N199bn).

Problemkid1:
Exactly

that pic with monkey!!! depict Nigeria rain forest

rvp20182:
And 90-95% of that is from Oil. Now when Oil tanks like it does now - that budget will reduce to 10B dollars for 200M. The poverty capital need Jesus. You can imagine try to spend 20B to pay huge civil services of 200m - leave alone having money left to fix roads, railways and basic social amenities.

To put things clear to you. The $20b or whatever you call it is federal budget. Nugeria operates a confederal system of governmmet. So the federal budget is used for federal staff and some federal projects.
The states have their budgets and pay their own staff and build state projects. Majority of nigerians reside in their states. Abuja population is not up to a million. The states are independent of the federal. The total revenue of the country is shared among states.
If you watch, during this period og pandemic. States are building their own isolation centers and catering for their indigens independent of the federal.
States build their own roads, pay their own staff, pay their own legislators . They are like countries in nigeria.

tylann:
Malls don't attract tourists and Kenya is not a shopping destination
Nigeria invests in its oil industry while it imports petroleum products

For your information. The poverty rate in nigeria is dorminant in the north, and these are people displaced by bokoharam, and the almajiri system. Those are social ills. If you jusge poverty rate by par capital income. Kenya is way poorer than nigeria.

TayserMahrii:
Nothing close to this

Nigerians dont invest on malls. They invest in multibillion dollar oil industry.eg dangote building the largest refinery in the world etc. Kenyans can building malls to attract foreign tourists. That the main stay of their economy.

Shma:
take it easy woman, why ranting like a pregnant woman??
It's clear that you're here to debunk everything about kenya which is okay and sane for any normal pregnant woman.

Stop demeaning mombasa with your cherry picking opinions tomboy, if that's the game, then Lagos is nowhere, near beauty. , You started it girl you should also end it,

Ladies and gentlemen, the most [quote author=uzzokel post=87870789]

[/quote
Are you sure this is lagos? Which part of lagos? Dont recognise this place or buildings.

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