Business Kenya's Economy Grows Bigger as Oil Slump Crashes Nigeria's Economy

[abujagirl]

Kenya's economy is reportedly growing at a faster rate following the effect of reduced oil prices on Nigeria's economy.

Blomberg reports that investors skittish about Nigerian assets are casting their eyes across the continent to Kenya. The World Bank raised its growth forecast for Kenya on March 5, saying oil prices that have tumbled 48% since June would boost Kenya's economy .

Justifying the world bank's stance, Standard Chartered East Africa CE Lamin Manjang said, ''Kenya has managed to diversify. It is not a commodity-driven economy like Nigeria''.

Kenya, with 41-million people and a gross domestic product of $55bn, is the biggest economy in East Africa, with tea, coffee and tourism among its main sources of foreign exchange.

#Kenya

 

[curator]

What are the economic policies of the Buhari led opposition? How do they expect to fund the changes?

This is not a branding process or a 'Yes We Can' moment for Nigeria. It is time to answer the tough questions so we understand the change.

How are we going to fund the change in the public sector, schools, hospitals etc... numbers are required.

How is the tribalism and division in the country going to be sorted out. Without that you cannot fight corruption.

Is freedom of the press going to be respected? Are we going to be able to question and insult President Buhari?

Change can and should be quantified.

[USERGROUP=4]@Senior Curators[/USERGROUP]

 

[Le Patriot]

We have a clueless one and one who just wants the power. I doubt he'll know how to turn things around because he has no manifesto. Yet Nigerians are clamoring for change/ transformation - which means the same thing.

It's a pity Nigeria has descended this low. It's shameful that we have 2 people vying for the office who have failed to convince that they know what to do.

If you're truly gonna bell the cat at least you'll have a plan, which would be able to explain to others.

Lagbaja was right after all. "200 million mumu"

 

[abujagirl]

We have a clueless one and one who just wants the power. I doubt he'll know how to turn things around because he has no manifesto. Yet Nigerians are clamoring for change/ transformation - which means the same thing.

It's a pity Nigeria has descended this low. It's shameful that we have 2 people vying for the office who have failed to convince that they know what to do.

If you're truly gonna bell the cat at least you'll have a plan, which would be able to explain to others.

Lagbaja was right after all. "200 million mumu"

We have 14 Presidential candidates http://www.nigerianbulletin.com/thr...4-presidential-candidates.106448/#post-115531

 

[Chris Maduewesi]

What are the economic policies of the Buhari led opposition? How do they expect to fund the changes?

This is not a branding process or a 'Yes We Can' moment for Nigeria. It is time to answer the tough questions so we understand the change.

How are we going to fund the change in the public sector, schools, hospitals etc... numbers are required.

How is the tribalism and division in the country going to be sorted out. Without that you cannot fight corruption.

Is freedom of the press going to be respected? Are we going to be able to question and insult President Buhari?

Change can and should be quantified.

[USERGROUP=4][USERGROUP=4]@Senior Curators[/USERGROUP][/USERGROUP]

Would you rather we continue on this downward spiral? Tell me there is something beneficial you get from this government and I will understand. For once, let's us get it right and change some things.

 

[curator]

Would you rather we continue on this downward spiral? Tell me there is something beneficial you get from this government and I will understand. For once, let's us get it right and change some things.

Nobody is against change. But to get the vote some details are needed... well at least for stupid people like myself.

E.g. how is APC going to tackle the economic crisis? Are they going to generate more revenue by increasing the upper tax rate for the rich and multinational companies or by taxing the poor?

What would be the strategy on corruption? and how would any new ideas be paid for?

what would be the strategy on defence?

Are they going to adhere to the local content bill in the petroleum sector and push this in other sectors?

Are they going to clamp down on press freedoms and freedom of expression? This is separate from libel issues.

Are they going to push the PIB bill and push for full compliance of the freedom of information bill?

These are answers they have and should share so I know what change to expect.

 

[abujagirl]

Nobody is against change. But to get the vote some details are needed... well at least for stupid people like myself.

E.g. how is APC going to tackle the economic crisis? Are they going to generate more revenue by increasing the upper tax rate for the rich and multinational companies or by taxing the poor?

What would be the strategy on corruption? and how would any new ideas be paid for?

what would be the strategy on defence?

Are they going to adhere to the local content bill in the petroleum sector and push this in other sectors?

Are they going to clamp down on press freedoms and freedom of expression? This is separate from libel issues.

Are they going to push the PIB bill and push for full compliance of the freedom of information bill?

These are answers they have and should share so I know what change to expect.

Don't expect a reply from @Chris Maduewesi