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Nairaland Forum / Nairaland / General / Politics / Lekki Port To Generate $200 Billion + 163,000 Jobs (13999 Views)
$200 Billion To Be Repatriated Back To Nigeria From Dubai In Few Days / Promoter Flays Fashola Over FG’s Contribution To Lekki Port / Singaporean Investors To Stake N195b On Lekki Port Project (2) (3) (4)
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Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Venchy: 8:01pm On Apr 22, 2013 |
Eko oni baje o, obaje ti |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Nobody: 8:01pm On Apr 22, 2013 |
paper billions,paper jobs,will die like all the other lofty ideas,two steps forward,ten steps back....can anything good come out of nigeria? |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Mogidi: 8:03pm On Apr 22, 2013 |
anonimi: Bobo abeg help me find Gbawe or Eko ole. Where Gbawe and Eko ole come go now, abi dem they avoid this topic? |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by adconline(m): 8:07pm On Apr 22, 2013 |
alnaijiri: It doesn't mean that $200bn in profit will be made. Most likely $200bn in the amount of goods going in and out. It is a tax haven, so many will set up factories there using foreign materials, foreign labour, and exported to foreign countries. Much of that $200bn will not have anything to do with Nigeria, but even if Nigeria gets a small fraction of it, it will be a great success. Kudos to the planners and to Gov Fashola.It still does not add up. Naija is worth less than $400nn and then $200bn ie 50% of Naija's worth would be realized through a fictional seaport in Epe. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Krucifax(m): 8:16pm On Apr 22, 2013 |
$200 Billion USD is an incredible and in all likely hood a stupendously false figure! See the GDP of the top 10 African countries below to understand how implausible that figure is. If it were true it would mean that only Lekki Port is Worth half of Nigeria (11 figures) so if you join the whole of Lagos the Eko politicians are telling us that Lagos is richer than the whole of Nigeria and producing more money than all the oil producing states(which Lagos is not one of) combined. Na wah ooo! Rankings Africa World — — Africa $3,129. Billion 1 25 South Africa 5 555. Billion 2 26 Egypt 518. Billion 976 3 30 Nigeria 413.Billion 4 47 Algeria 236. Billion 5 57 Morocco 162. Billion 6 65 Angola 115. Billion 7 67 Tunisia 100.Billion 8 69 Ethiopia 94.Billion 9 72 Sudan 89.Billion 10 77 Ghana 74.Billion |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Ibime(m): 8:16pm On Apr 22, 2013 |
The whole of Nigeria has $300bln GDP and some official or Journalist cannot think straight to reason that $200bln is an April fool's joke. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by lookmangiw(m): 8:18pm On Apr 22, 2013 |
wese90: What is lekki port? Is it like an ATM machine that vomit money?.the security man yaba psychiatric hospital don allow another madman escape. Its so pathetic. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by rozayx5(m): 8:20pm On Apr 22, 2013 |
I will only stop supporting GEJ the day i see a reasonable opposition, as long as it is those refurbished ex generals and rogues culled together to form APC , Nigeria is still doomed cause as far as am concerned both PDP and APC are the same by the way can someone show me one ACN state with constant electricity and get my vote come 2015 another project by daftshola and Tinubu to empty the lagos treasury 1 Like |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by babatunde99(m): 8:21pm On Apr 22, 2013 |
where is Nigeria going self with all this many many money we hear, lets the youth of niger protest, their must be job |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Samxiulee: 8:21pm On Apr 22, 2013 |
Gwad dammit,teacher pls dnt teach me nonsence!kilode nau,am a Lagosian,there is no way a port can make 200billion usd,if the GDP of the entire country is hovering around 350billion usd. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Nobody: 8:37pm On Apr 22, 2013 |
I highly doubt that amount. But, it is a good idea they quickly complete this port and let the revenue start pouring into Lagos to speed up the infrastructural development and employment rate. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Nobody: 8:44pm On Apr 22, 2013 |
Krucifax: $200 Billion USD is an incredible and in all likely hood a stupendously false figure! See the GDP of the top 10 African countries below to understand how implausible that figure is. If it were true it would mean that only Lekki Port is Worth half of Nigeria (11 figures) so if you join the whole of Lagos the Eko politicians are telling us that Lagos is richer than the whole of Nigeria and producing more money than all the oil producing states(which Lagos is not one of) combined. Na wah ooo!That is based on purchasing power parity. Nigeria has the continent second largest GDP based on official exchange rate. 2. Nigeria ----> $272.6 billion (2012) 3. Egypt ------> $255 billion (2012) |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by wese90(m): 8:50pm On Apr 22, 2013 |
lookmangiw: the security man yaba psychiatric hospital don allow another madman escape. Its so pathetic. ok |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by ikweremilitant: 8:54pm On Apr 22, 2013 |
yuzedo: LAWL! Just like Tinapa abi?? Keep talkin', we dey hear una!abeg no tok agan o befor them acuse you of killing awolowo |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by ekoilee: 8:56pm On Apr 22, 2013 |
NL illiterates at it again...lmao Obviously, they are talking about the value of cargo business moving through the port which is not unrealistic since it's going to be serving multiple countries. LA port alone moves goods worth over $236 billion a year and generates over $400 billion in annual revenue.. $200 Billion or not, this is very irrelevant, fact remains that this is set to be the largest and the most sophisticated port in west Africa. This is going to be the go to and the premier port serving all the west African coast. The huge revenue numbers for now is irrelevant, it's all about the immense economic potential for all involved. 1 Like |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by ikweremilitant: 8:57pm On Apr 22, 2013 |
Monimatic: Hahahaaaaaaaha ACN & APC don come again with their signature LIES,FALSEHOOD, RUMOR-MONGERING and PROPAGANDA.so u see d wey dis ofemanus dey lie abi.200bilon dols when apapa wharf tin can onne calabar nd sapele ports put togeder never reach 100 bilion dolls na wa o .so dis is how apc plans to govern nija abi d more u look d less u see |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by ikweremilitant: 8:59pm On Apr 22, 2013 |
EPOMA: This is the reason we owe so much debt,they will falsify data and borrow money aggressively, even Nigeria as a whole country does not get this amount from the sales of crude oil in 3 years. It is no even that the port will earn all the duties paid to itself.Bush and banana economicsits d hand wok of thefnubu d voodo economist |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by texazzpete(m): 9:00pm On Apr 22, 2013 |
Mogidi: The only thing worse than an illiterate is an unrepentant illiterate. Estimated macroeconomic impact of $361 billion but the actual projected revenue for the Nigerian Government is $200 billion. Using snarky GIFs to mask your inability to comprehend written English.... I must say you're the first slowpoke to try this on NL. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by ekoilee: 9:03pm On Apr 22, 2013 |
Krucifax: Eko politicians are telling us that Lagos is richer than the whole of Nigeria and producing more money than all the oil producing states(which Lagos is not one of) combined.
That's what can't read and comprehend illiterates like you call Nigerians and Lagos politicians again. smh.... |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by manny4life(m): 9:03pm On Apr 22, 2013 |
eko ilee: NL illiterates at it again...lmao Before you start accusing others of illiteracy, think and read this part “In addition to bridging the capacity deficit, Lekki Port will have significant positive macroeconomic impact estimated at $361 billion over the entire concession period. It is expected to contribute more [size=16pt]than USD 200 billion to the government exchequer[/size] while also creating close to 163,000 new jobs in the economy. Furthermore, Lekki Port will spur the economic development around the Lekki sub-region and on a wider perspective, the whole of Lagos State through rapid industrialization”, he added. The bold word meaning govt treasury, stop parading illiteracy around. [size=16pt]Also, Port of LA does NOT have $400billion in Revenues rather, it's MILLIONS not BILLIONS... QUIT LYING[/size] 3 Likes |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by ikweremilitant: 9:03pm On Apr 22, 2013 |
Shut up eko ille are u back from exile.do u tink africa is europe or america.which of dis countries re u toking that will use ur seaport when in actual sence ure using odar peoples own.so u mean benin republic ot ghana or gabon tell me na.mugu. U tell dat to ur dirth lookng amala selas like desola |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by texazzpete(m): 9:03pm On Apr 22, 2013 |
anonimi: ACN sympathizer? Me? You've got to be out of your mind. I see the ACN as a tool to help rid us of the PDP plague, and that's all. I despise all these crooks in power almost equally. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by ekoilee: 9:09pm On Apr 22, 2013 |
manny4life: It's really irrelevant especially since this is only a projection which is still not out of line. They are in the business and they also have calculations based on the volume of trade entering and leaving Nigeria and the entire west African coast, something many dumbos on NL don't have access to. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by ekoilee: 9:10pm On Apr 22, 2013 |
ikwere militant: Shut up eko ille are u back from exile.do u tink africa is europe or america.which of dis countries re u toking that will use ur seaport when in actual sence ure using odar peoples own.so u mean benin republic ot ghana or gabon tell me na.mugu. U tell dat to ur dirth lookng amala selas like desola Please STFU, I don't fraternizer with villagers.. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Nobody: 9:13pm On Apr 22, 2013 |
eko ilee:Huh! That projection is far from reality if you asked me though. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by ekoilee: 9:16pm On Apr 22, 2013 |
all4naija: Huh! That projection is far from reality if you asked me though. Project is projection and never reality, they both have different definitions.. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by manny4life(m): 9:17pm On Apr 22, 2013 |
eko ilee: It is very relevant because A. A projection of revenues without a supposed time table is fictitious. You accuse the FG of same thing, so because it's state govt, we should give them a leeway right? B. From the wording "It is expected to contribute more than USD 200 billion to the government exchequer", it's assuming that a "projected $200 billion will be paid as gross receipts into the govt coffers. Unless if I missed the memo, no where in the article does it suggest that the supposedly $200billion was "value of cargo" rather "potential revenues". C. I do not care about whatever calculation they have before them, the world's largest ports do not bring in $1billion annually, let alone $200 billion even if it was over a concession period of time. So please, drop that silly line of argument of "calculation based upon volume of trade entering and living Nigeria" bullshitt. If it's like that, what stops Ibaka govt from saying we'll generate $1trillion over the concession period? Abeg leave matter jor... nonsense 3 Likes |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by manny4life(m): 9:18pm On Apr 22, 2013 |
all4naija: Huh! That projection is far from reality if you asked me though. Are you minding him, he's talking to mugu who doesn't understand how projections work. You throw around fictitious and bogus numbers and expect us to buy it hook, line and sinker... What a load of bollocks. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by ekoilee: 9:23pm On Apr 22, 2013 |
manny4life:
They do $1billion every year.. |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Dee60: 9:25pm On Apr 22, 2013 |
To whose pocket? So what will happen to Tincan port and Apapa port? Will they become abandoned like other government monuments like National Stadium? 200 billion dollars? Relax small, oga. 1 Like |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by toluxa1(m): 9:25pm On Apr 22, 2013 |
That is equal to N32Trillion oooo... haba na |
Re: Lekki Port To Generate $200 Billion + 163,000 Jobs by Nobody: 9:26pm On Apr 22, 2013 |
eko ilee:That is conjectural and I would be interested in how that project projected gets out of what is possible for such a region as the gulf of Guinea. This might just be the reason we failed to bring our projects into reality to commensurate with factual data. That is why the feasibility studies have to be in accordance with what is only possible. |
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