edoyad: http://www.osundefender.org/?p=61235

batunde Fashola of Lagos State on Sunday said the state accounts for over 65 per cent of nation’s non-oil Gross Domestic Product. Fashola state this at the closing ceremony of the 2012 Lagos International Trade Fair, the News Agency of Nigeria reports. The theme of the fair was: “Promoting Trade for Sustainable Economic Transformation.” Fashola, who was represented by the Deputy Governor, Mrs. Adejoke Adefulire, said that in spite of its small size, Lagos State also accounted for over 60 per cent of the country’s value added manufacturing. “The state has been projected to be Africa’s largest mega city and the world’s third largest by 2015 according to a United Nations Habitat report.” According to him, Lagos State will continue to be the industrial, financial, telecommunications, transportation and commercial hub of the country. He urged the Lagos State Chamber of Commerce and Industry to help in planning entrepreneurship programmes for okada riders as the state’s traffic law banning them had come to stay. Fashola said that the state government was willing to support the private sector in this regard. He said that the state had a micro finan.. . . .

ndu_chucks: @OP, stop spreading untruths initiated by suspicious journalists. What Fashola said was that he believes that Lagos State accounts for up to 65% of non-oil GDP, but we do not have any data to support the statement. If the OP has any data to support Fashola's claims, please post.

I counter Fashola's statement by stating that Kano State accounts for more than the percentage contributed by Lagos state.

For the ignorant folks, note that Agricuulture contributed 40% to the Real GDP and if you look at non oil GDP alone, that contribution will be higher than 40%. It is ridiculous and deceptive to make a bogus claim that Lagos State contributes 65% to non oil GDP.

You can verify 2012 Q2 GDP Report here. Go to Table 6: 2011 and Q1—Q2 2012 Real Gross Domestic Product (Constant 1990): Sectoral Contribution & Growth Rate (Percentages) section and see for yourselves.

I don't know why politicians lie like this.

edoyad:


Even from that suspicious data you produced from the NBS, one can easily see sectors dominated by lagos adding up to 65% of non oil GDP. Isnt that the same NBS that claims there are more people in kano than Lagos?
Telecoms, Manufacturing, trade, Financial institutions are primarily found where?

ndu_chucks:

Oga, where did you and Fashola get your 65% from? If Fashola was referring to our GDP, who provides that data to the public? If not NBS, would it be the witches and wizards organization of Nigeria?

If Agric alone contribute almost 50% to non oil GDP, how can you say Lagos state alone contributes 65%? I am not going to waste my time with you because you don't know how to read simple tabular data or do simple arithmetic.

abeg make we hear word.

edoyad:

And you think any sane Human being would doubt anything out of Fashola's over what you say here?
Do the C I A get their information from the NBS too?
May be you're the ones who need to go back to school to learn the meaning of "accounts for"

ndu_chucks: I remain doubtful of Fashola's claim and I have provided you with data which do not support that claim. Please support your own claim with credible data. There is no need to argue about this. When I see credible data which is contrary to the GDP data provided by our government, then I will be more than happy to admit that I erred. So far, I remain unconvinced.

ndu_chucks:
I counter Fashola's statement by stating that Kano State accounts for more than the percentage contributed by Lagos state.

ekt_bear:

lmao

And Zimbabwe is richer than Canada

ekt_bear: 65% of non-oil is too high. manny4life's estimate shows why (though I thought oil was more like 20-30% of GDP, not 13%).

edoyad:

I'm not on NL to convince or dissuade you, I'm here for people who reason alike. It's not a fluke that Lagos is virtually the only functioning State in the same Country where there are States existing in Mogadishu like conditions

Lagos State also accounted for over 60 per cent of the country’s value added manufacturing.

Olodostein:

Others are making their points and backing it up with figures. You are here throwing sentiments.

Why would you dispute Kano and the entire North? Where does majority of the food you eat come from ?

People come from far and wide chad, niger, cameroon and even from the deserts to buy goods from us here.

If there were to be a slight chaos in Lagos, the economy would collapse overnight. But despite the carnage in the north, their economy is still resillent and things cheap compared to your paradise.

remzytimer: Will this put food on common man's table? Lagos is so crowded and their's no job

remzytimer: Will this put food on common man's table? Lagos is so crowded and their's no job

ndu_chucks: @OP, stop spreading untruths initiated by suspicious journalists. What Fashola said was that he believes that Lagos State accounts for up to 65% of non-oil GDP, but we do not have any data to support the statement. If the OP has any data to support Fashola's claims, please post.

I counter Fashola's statement by stating that Kano State accounts for more than the percentage contributed by Lagos state.

For the ignorant folks, note that Agricuulture contributed 40% to the Real GDP and if you look at non oil GDP alone, that contribution will be higher than 40%. It is ridiculous and deceptive to make a bogus claim that Lagos State contributes 65% to non oil GDP.

You can verify 2012 Q2 GDP Report here. Go to Table 6: 2011 and Q1—Q2 2012 Real Gross Domestic Product (Constant 1990): Sectoral Contribution & Growth Rate (Percentages) section and see for yourselves.

I don't know why politicians lie like this.

remzytimer: Will this put food on common man's table? Lagos is so crowded and their's no job

Clerverly:
If your assertion was correct, my advice would be for you and your Never-Developed State to use that as your mainstay instead of being a parasite to other state's resources! Hope you got my drift

manny4life: What difference does it make, forecast or actual?

Besides, who on this thread was talking about actual?

Please, produce your calculations that's shows otherwise.

On that note, I thought when forecasting, you make fair assumptions?

Negro_Ntns:


Hey chucks.....You are at it again, aren't you? If you remove oil sector Lagos state will contend with FG on gdp....Kano is far behind. I have a report you should see, in fact....Im certain you have seen it and true to your bias viewpoint you deny the obvious.