₦airaland Forum

Vlain:
Is this a city


https://www.youtube.com/watch?v=RDP-iy_uJ8A

Better than anything Nigeria.



https://www.youtube.com/watch?v=1BPHEbadPuY&t=1196s

68816419:
Infrastructures is the backbone of any development, cities development should be measured based on the available infrastructures on ground and not the high rise buildings. It's on this note we are now comparing kumasi( Ghana's second largest city) with Mombasa (Kenya's second largest city)
we are comparing both cities on stadiums infrastructures, hospitals, sporting facilities, Airports and so on
1-2: Kumasi Airport vs Mombasa Airport
3-4: Kumasi Stadium vs Mombasa stadium
u may now decides for your selves

Spare me your long composition, this is your Kumasi

This is Kumasi, the second biggest city in Ghana. The CBD look tired

Just30:
Its already proven here that Ghana has 40,000km of tarred roads.

African traveller is even a testament to the quality and massive expanse of our roads.



The small nature of your tarred roads is embarrassing.

Who proved it? A first year student trying to write his report? Your government said very clearly that your paved road network is less than 13,000km. Here is the quality of roads in your country The roads in Kumasi doesn't even have street lights

68816419:
can you dare compare Mombasa with this city, be truthful to your self
Kumasi Ghana

https://www.youtube.com/watch?v=k-GR4Qwwmow

Check out this market, you cant find any of such in any county in Kenya

https://www.youtube.com/watch?v=qJcSc4bnBTg

Why should I dare compare that shithole with Mombasa yet there are places like Lodwar which look exactly like it?

Just30:
let me help you


All the cities in West Africa, are better developed than the waste land you call a city.

Maybe with the exception of Monrovia.

I don't discuss with people who has less than 13,000km of paved roads in their country.

68816419:
Chairman u get time for this fools ooo, I swear to God, Kano is far more Developed than Mombasa, one thing about Kenya cities is the fact that, they only develop very tiny parts of major counties and leaves the main areas where the populous resides out, reason why u have the very tiny parts of old Mombasa CBD, Nairobi CBD (with the adjoining areas) some other cities like Nakuru and other cities average developed.
Unlike In Nigeria and Ghana where cities development spreads accross all areas.

Let me assume you meant villages cause there are no cities in Nigeria and Ghana.

surplusk:
There is nothing special about the mosque. Abuja alone is bigger than the mosque. Enjoy more.

But everything you are posting here have been posted 1000 times, you are only doing a boring repetition.

surplusk:
Abuja

Thanks for showing us the mosque.

Just30:
Oxford will help you


Chimera, delusion, pie in the sky, illusion, false hope and etc

You said "wet pipe dream" and not only "pipe dream".

Nairobi.

68816419:
Ati Mombasa is big

Mombasa has more millionaires and multimillionaires than Abuja.

Vipingo leisure mall is coming up very nicely.

Vlain:
Ok and.
On the second thought never mind- do u like Austin diverse pics of construction going on in Aeolus SA cities- speak for urself now sir

Show us the pics of Nigeria, we want to see your relatives pooing next to roads and others struggling to start a generator.

Vlain:
I will google it out. And I don’t rmbr ever talking on ur 88 whatever - so ur observations are basically hallucinations. Go slow on the alcohol intake - my advice.

I know you now change your tone dur to shame You couldn't write two sentences without mentioning how 88 Nairobi was doomed and will never see light of the day. Since the construction is currently ongoing, you are trying to play dumb

Vlain:
What is 88 Nairobi?

What to be the tallest residential building in Africa. I can remember you swear to your gods that it won't be built. Nowadays I can see you changed your tone on the poroject

Vlain:
Another day another render -Another day another wet pipe dream.

This signed contract will join the list of abandoned wet pipe dreams like ugatuzi,500k housing and the rest. Heck those once moved from contract sign to awarding and still died at the groundbreaking stage lol i cant laugh bro,I just cant

I can see 88 Nairobi is now off your list. Ugatuzi tower is also coming well, excavation has started. Don't think that Kenyan projects are like the one in Nigeria which take 30 yrs to complete.

rvp2018:
Will WRC happen this year?

Yes, it will happen in June.

An ICT School in Turkana under construction. The design and colour blends with the environment.

Safari rally starts tomorrow, this time round it's called Equator rally.

vaxx:
you actually answer the question better yourself and yet you are still making the same error. I am not hidinrg under any number but fact.

when it comes to wealth, numbers play a role but that is not the only case . the overal wellness of a nation also count . when you look at it per average, Ghana is even doing way better than Kenya and Ethiopia combine .

Maybe better than Ethiopia and not Kenya. Cause when it comes to average Kenya is still better than Ghana.

vaxx:
[url][/url] you are so stupid not to realised Ghana shoudnt be on that table naturally judging by her population . all the country above Ghana on that table are well populated . Accra is just a little above 3 million yet it is ranked number 8 in Africa. something should tell you Ghana is working well.


Ghana currency isnt about strenght but stability. she has a stable currency for now at least from the past one year.

Please stop hiding behind the population jacket.

South Africa with her less population has more millionaires than Nigeria and Egypt.
Kenya with it's population of 47m have 8,000 millionaires while Nigeria with 200M people has 9,000 millionaires. Ghana with 30M people has more millionaires than Tanzania with 60M people. Kenya is ahead e Ethiopia despite Ethiopia's big population. So please, don't hide behind population.

Kazikazi:
Bad news for kiberans! Bad news! Bad news

Continue replying to your own comments.

theenchanter:
ranks like this work with local currency converted to the american dollar ($). It's almost impossible for a nation with deliberate weakened currency to be above another currency with a strong currency.

That's the case with Nigeria in those ranks.

But Ghana has a strong currency but it's still below Nigeria and Kenya which has weaker currency compared to Ghana.

theenchanter:
ranks like this work with local currency converted to the american dollar ($). It's almost impossible for a nation with deliberate weakened currency to be above another currency with a strong currency.

That's the case with Nigeria in those ranks.

But Majority of Nigerians don't use Naira to store their wealth.

Omokanye/Bloomberg
Economics
Nigerians Shun Naira for Foreign Currencies to Store Wealth
By Emele Onu
April 22, 2021, 7:00 AM GMT+3
Updated on April 22, 2021, 6:17 PM GMT+3
Report links currency substitution to Nigeria naira volatility
Nigerians’ use of dollars exceeds IMF’s 30% threshold
Nigerians have been accumulating foreign currencies to protect their wealth from naira volatility and surging inflation, according to a research paper in a journal published by the Central Bank of Nigeria.

“Higher real-exchange rate volatility is associated with an increased level of currency substitution,” central bank economists including Isaiah Ajibola, Sylvanus Udoette, Rabia Muhammad and John Anigwe said in the paper available on the central bank’s website. There is a need to contain “exchange-rate volatility and inflation as a way of curbing the spate of currency substitution in the country,” they said.

One measure of currency substitution, the ratio of foreign cash deposits to naira deposits on demand in the banks exceeded the International Monetary Fund’s 30% threshold from 2009 following the global financial crisis, the researchers said. It hit a peak of 98.2% in 2014 before declining to 83% in 2018. A broader measure of foreign currency in banks to naira savings, demand and term deposits, stayed largely within the IMF limit over the study period from 1995 to 2018.

Africa’s largest economy devalued the local unit twice last year after a crash in the oil price triggered by the coronavirus pandemic hampered revenues. While crude contributes less than 10% to the country’s gross domestic product, it accounts for nearly all foreign-exchange earnings and half of government revenue in the continent’s biggest producer of the commodity.

The naira has lost 66% of its value since 2009 when it exchanged at 149 naira to the dollar. The unit was little-changed at 409.21 naira per dollar at the spot market as of 4:02 p.m. in Lagos on Thursday. Nigeria’s inflation quickened to the highest level in four years in March and is now more than double the 9% limit of the central bank’s target range.

The central bank previously issued a warning to merchants to stop offering local goods in foreign currency and also banned the practice of accessing the foreign-exchange market for settling domestic transactions.

“The key policy implication of currency substitution is that it reduces monetary policy effectiveness,” the researchers said. “Efforts to further diversify the economy should be of paramount interest to boost the base for foreign-exchange earnings.”

Shma2020:
Thanks bro, knight frank is now the real deal. I really suspect the other source which combines South African cities and rank them together has a thing to do with South Africa.


Knight Frank is the real deal.

See the gap between Abuja and Mombasa. Abuja has 600 people in the $1M category Mombasa has 800 people, in the $10M category Abuja has 30 people Mombasa has 40. The hype that Nigerians have been to Abuja you could think Abuja is not in Africa

Shma2020:
Thanks bro, knight frank is now the real deal. I really suspect the other source which combines South African cities and rank them together has a thing to do with South Africa.


Knight Frank is the real deal.

Both reports are just fine, what Knight Frank has done is generalization. If you look at the first table Nairobi has more millionaires than Lagos even though Lagos is on top and Cairo also has more millionaires than Cape Town but Cape Town is above it. I think what Knight Frank has done in their report is generalization and that's why Nairobi is ahead of Lagos and Cairo ahead of Cape Town

AfriqueDuZuid:
I want desputing I was adding to what you posted

See how the gap between Lagos and Nairobi is rapidly decreasing in terms of wealth. In the first table Nairobi has 6,000 people in the 1 dollar millionaires categories while Lagos have 5,000. In the category of 10M dollar Millionaires, Nairobi have 250 while Lagos have 260.

Overall Nairobi is wealthier than Lagos and that's why Knight Frank ranked Nairobi ahead of Lagos.

AfriqueDuZuid:
I want desputing I was adding to what you posted

Why are you so insecure? I was only adding the presentation of what you posted in writing.

[quote author=AfriqueDuZuid post=101049798][/quote]There are two reports, one by World Wealth and the other by Knight Frank.

Vehicle assemblers raise output 50 percent in Q1
TUESDAY APRIL 20 2021

SUMMARY
Data from the Kenya Motor Industry Association (KMI) shows that the formal dealers including Isuzu East Africa, Toyota Kenya and DT Dobie assembled a total of 1,979 units in the review period compared to 1,319 units a year earlier.
Overall new vehicle sales stood at 2,867 in the review period, with an increasingly larger share of them being put together locally, led by trucks.

The number of motor vehicles assembled locally jumped 50 percent in the first quarter ended March to account for 69 percent of all new auto sales.

Data from the Kenya Motor Industry Association (KMI) shows that the formal dealers including Isuzu East Africa, Toyota Kenya and DT Dobie assembled a total of 1,979 units in the review period compared to 1,319 units a year earlier.

Overall new vehicle sales stood at 2,867 in the review period, with an increasingly larger share of them being put together locally, led by trucks.

Most of the vehicles are assembled at plants such as Isuzu, Kenya Vehicle Manufacturers (KVM) and Associated Vehicle Assemblers (AVA) and are sold in the local market.

A small fraction of the production is exported to neighbouring markets like Uganda.

Assemblers enjoy an exemption from 25 percent import duty on completely knocked down (CKD) parts headed to assembly lines.

The policy is aimed at boosting manufacturing jobs besides enhancing skills transfer.

The incentive has mostly benefitted the commercial vehicle segment –pick-ups, buses and trucks that are bought by the government and businesses.


Most passenger cars are imported fully-built new or used from overseas due to lack of local assembly of many models besides a preference for cheaper second-hand units.

Local assemblers now produce nearly 20 models including buses, trucks, pick-ups and passenger cars such as Peugeot 3008 (SUV) and 508 (sedan).

Production and sales numbers of Peugeot are, however, not reported by the local franchise holder Urysia Limited.

Isuzu, the largest assembler, produced 1,144 of its namesake vehicles in the review period, representing a 49.7 percent rise from 764 the year before.

It was followed by Simba Corporation which assembled 377 of Mitsubishi, Mahindra and Proton passenger cars and commercial vehicles, a 37.5 percent increase compared to 274 a year earlier.

The dealer assembled seven units of the budget Malaysian car Proton which it introduced in the market in February this year at prices starting from Sh1 million.

The Proton cars are being assembled at the dealer’s AVA plant in Mombasa.

Toyota Kenya’s assembly production across its namesake and Hino models stood at 313, an 86.3 percent jump from 168.

Assemblers of commercial vehicles got a further boost in 2019 when the government introduced a ban on imports of used trucks with load capacities of 3.5 tonnes and above.

Latest report.