₦airaland Forum

Just30:
This evening, we will be talking about bankruptcies in Kenya

ok. ...kenya honourable Minster of finnace has spoken .we shall tune to the main station.

rvp2018:
How can you run a hospital without electricity? How do you store critical vaccines without a fridge? Maybe ask Nigerians.

first deal with what you can handle . hunger can cause psychological disorder, it can itself alleviate your already fragile country which is at the edge of collapsed due to poor management and high level of corruption.


an hungry man care less about energy. feed Kenyans first.

rvp2018:
We have invested 8-10B dollars in electr[/b]icity in about 5 yers and had the [b] world's fastest electrification. I am not sure how you can fight poverty without electricity. We are reducing poverty - every decade - about 10M kenyans are escaping poverty - annual 1M kenyans are getting out poverty.

But Ghana without dealing with macro-economics - you're wasting time.

i don't know how true is this but if that is true , the money should have been invested to aliviate poverty . invest in social security first ( let medical health and education be totally free or well subsidised) this alone will allow more people to have extra cash to spend. capitalized on greenhouse technology, it will have go a long way to stabilized your hunger drive economy. what is the importance of life without food ? after all, this policy I made mentioned above will not take you energy to power .no matter how good energy might be promising, it can t work well in a hunger driven nation. people need to pay bills...kenya is broke .

so when two bamboo fall on each other, you take the bigger one first .


Ghana already has a better micro and macro economics, Fitch already testify to that . that is a credit rating aganecy .

rvp2018:
Why don't you google - when did kenya electricity blackout today

so I have to Google your slum residence?

rvp2018:
I know Kenya - and some of Ghana.
Kenya power sector - the regulator is ERC
Then power generators - big one is Kengen-70% owned by gov - and many independent power producers.
Then transmission - Kentraco
And the supplier - KPLC.
And we have GDC - Geothermal Dev Authority - they are putting down serious investment - and we are world leader in Geothermal Energy

You shouldn't be putting much more investment on energy particularly when yòu have not arrest hunger and poverty to bearable level. most of those Nairobi slums residence you are trying to connect to the national grid has no food on their table . they will prefer their daily meal rather than energy they can't afford .


Ghana was able to halve its poverty as the first In sub saharan Africa country before piloting energy capacity aggressively . now she has the concentration of solar power in Africa . with much more fund to financed under sea electricity which is more reliable than hydroelectric.

rvp2018:
I am talking about my house in Nairobi. I woke up around 6 and they went off. I went to Westlands and I was back around noon...and they were back. This is rarity and make news. Nigeria and Ghana - this is normal.

And as far news went - it was back everywhere apart from Lamu and Malindi - those are coastal cities up north.

Your mother must be insane for putting Ghana and Kenya on the same boat. light don't go off here ......

Your personal house has no evidence here when the larger part of Your country are still in darkness . you can keep blaming Uganda.

rvp2018:
No problem. We have Kengen. We have many IPPS. We have Ketraco (transmission). We have many private players. KPLC - is just a supplier. We are not RSA where Eskom is everything or Nigeria's former NEPA or well Ghana Volta thing.

You may need to go study how your electricity works. you are such a poor and hopeless country . despite ECG Ghana debt, she still have more asset than its liabilitie.Still make more portfit and revenue and yet she is not the only company.

mtisTheQubit:
ya still getting gas fro Nigeria..about your lights there is nothing to speak of..its a village dude

Dumb kid. what is wrong in buying Nigeria gas to augment Ghana existing capacity . USA does it so its Canada? ....In Ghana, light don't go off fool .

Just30:


Power cuts are a daily occurrence in Kenya because of supply issues

The Kenya Power is one of the useless company in Kenya. it is working with negative capital. has more liabilities than assets . .....it is a loss making venture despite enjoying monopoly...thanks to their ministry of finance which has the largest share .

mtisTheQubit:
2020 dude...what happened..

dunb kid. wapco is west Africa company that buy Nigeria gas. when it was put off for nearly three month cus of maintenance, Ghana light never break .

mtisTheQubit:
i think you understand pictures better...

That is 2016. dumb kid . go and owned Uganda for your present light off.

rvp2018:
MPR determine a lot of things including rate gov can borrow and rate your mother borrow.Kenyans borrow at 13% cheaper than Ghana gov.That tells you Kenyans sme or individual is more trustworthy than Ghana gov who borrow on mpr 14% plus some margins

Having a much more lower policy rate by executive instrument like Kenya ls much more simple , it is just an act in parliament that will enforce it. but Ghana is not a doom country that will allow emotions to rule instead of prudent management.

Despite your Central Bank short-term rates, it does not in anyway applied brakes to your economy. your economy is not growing fast as that of Ghana with much higher MPR. and your banks and government are still seriously in need of cash .

rvp2018:
Power blackout in Kenya makes international news because it's rarity.It was back by 11am.That was 4 hours only.Back nearly immediately in critical areas

You are stupid, the glitches come from Uganda , your energy source. and the black out is not nearing any solution at the moment cus it will cost more than hundred millions of shillings

mtisTheQubit:
questions ?

Wapco is a west Africa company not Nigeria company only, it has its headquarter in Ghana . I know the dumbness in you will never stop

rvp2018:
kenya mpr is 7%.I am talking of interest rate you mother or sister get in Ghana.Otherwise you'll continue with Western Union for them to get by

MPr is just not forcibly included , Good and balanced economics gives room for it not legislature like that kind of Kenya which was as a result of emotional rather than prudent management. At least despite your all wholesome MPR, your banks still don't have enough liquidity tyo loan out nor your government has much to pay his contractor.

Just30:
You wished everyone country will stay with Kenya in it underdevelopment status
But everyone is leaving you behind.

Get used to it and develop your country

Ghana fiscal space is way better than Kenya

i don't understand his argument . like they have a better fiscal space way better than Ghana. I just don't get it .

rvp2018:
And what has IMF been busy doing all these years bailing out Ghan.They could be helping Chad or Niger or CAR.Ghana will not go anywhere until it understand what prudent financial management or financial responsibility is.Nowhere.Get an handle of your macroeconomics first..reduce interest from freaking 25% to 15%

how is this collaborate with the first question you ask? you just want to exposed your dossier knowledge of economics again.

Ghana Monetary Policy Rate has been reduced from 16 to 14.5%, for your update...this is not Kenya.



https://mobile.ghanaweb.com/GhanaHomePage/business/Banks-cut-interest-rate-by-200-basis-points-to-mitigate-impact-of-coronavirus-915772

rvp2018:
You're exporting energy for others to power their economy with it

what is wrong with it. Ghana is producing more than what she can consumed? why will she not export the left over .

Just30:
The oil is not as interesting as compare to the increasing Gas finds

It will drive the Ghanaian economy for centuries

for now , the possibility of total collapsed of oil industry is not coming soon as it was first anticipated.The green energy will be coming up at speed gradually. so gas industry is very much promising, particularly in Ghana where all taxi cab used gas instead of Petroleum.

Just30:
Ghana instructs Eni and local producer to combine oil fields
It instructs the companies to begin within 30 days the process leading to the unitization, or joint operation, of the two fields in order to ensure efficient production and gives them 120 days to provide the ministry a draft agreement




ACCRA: Ghana has directed Eni SpA and Springfield E&P to begin talks to combine their adjacent oil and gas fields, according to a letter seen by Reuters.

The April 9 letter from Energy Minister John-Peter Amewu to the two companies says seismic data indicates that Eni's Sankofa offshore field, which entered production in 2017, and Springfield's recently discovered Afina field have "identical reservoir and fluid properties".

It instructs the companies to begin within 30 days the process leading to the unitization, or joint operation, of the two fields in order to ensure efficient production and gives them 120 days to provide the ministry a draft agreement.

Spokespeople for Eni and Springfield confirmed they received the letter but declined further comment.

Amewu's letter says Eni had previously argued it was premature to be talking about unitization since Springfield had not yet appraised and tested its discovery, but that the ministry rejected that argument.

Sankofa is part of Eni's Offshore Cape Three Points project off Ghana's Atlantic Coast, which it says has reserves of about 40 billion cubic meters of unassociated gas and 500 million barrels of oil.

Springfield, a wholly owned Ghanaian company, said in December that it had discovered 1.5 billion barrels of oil and 0.7 trillion cubic feet of gas at its Afina field.

Ghana should be producing close to five hundred thousand barrels next year . that will be a serious game changer...already, the output is now over 200 hundred thousand barrels now.


producing five hundred thousand barrels daily will turn Ghana to energy power house soon.

Aburi Ghana

High quality road aren't something you will associate with Africa but this is Accra ...

Shma:
I know Ghanians are not conditioned to see beautiful things, the reason your city looks ugly like kibera.

. ok

Shma:
okay, I get.
We have millions of such and much better that that completed.

These are not impressive, they look archaic.. ...are they built twenty years ago

Shma:
I know the first one is complete, I have seen it in your previous posts. I want the second one.

The second one Is The decor in the first one ...it is the last one you should be talking about...

Shma:
show us the progress of the second renders image.

That is the video. it is already completed. the last picture Is coming up gradually.


the car you see in there was brought from Christian Ronaldo the footballer


....
https://www.youtube.com/watch?v=XHmbYH5ljNk

samorobo:
You are just bring petth...he made a some omission of word...but yeah it is MtistheQubit...he would focus on that to sway your attention from the main subject of discussion...I know you hobbit

he actually want me to entertain his stupidity for a while but I am not interested. he is so mad that every part of my statement has meaning in his life. he will soon kill himself

The scenery of Ghana’s coast.

This is Buena Vista Homes located along the Accra-Tema Beach Road, Ghana.

Kenya needs to up her game

Just30:


Instead of using all the loans he took on productive expenditures, he used it on wasteful spending

Kenya used loans to feed themselves and now they cant pay back

honourable minister of finance,the loan we took went for productive work . we have to order lot of tea and buy lot of airtime to called our woman friend. their buttock will be useful for national assignment

millionstars:
lol so funny thread. look like Kenyans are upper hand and destroying Ghanaians and Nigerians with thousand of photos.

who is this idiot. identify your stupid self.

Just30:
Ive been telling them that their Balance of Payment needs used to be supplied by loans

Now IMF is saying the same thing

i hereby declare you an unofficial Kenya minister of finance . your position remain uncontested till the next 2040.....