oneeast3: Nah! Anambra's economy is not a seasonal one, it can be for such other civil servant's states but not Anambra..

Like as I said, Anambra has the biggest economy in Nigeria after Lagos and Rivers.

These states has something in common- huge economy that is buoyed by huge economic activities.

Besides Anambra having 4th largest population after Lagos, Rivers and Kano

, it equally has a very high boisterous middle class and super rich class in it's society.

That explains why Anambra is building 3 malls and two 5 star facilities simultaneously in its 3 major cities..

oneeast3:

Does he know that the same Anambra is the 3rd largest cash mobilization state in the country after Lagos and Rivers?

If only he knows that, then he will understand how much money that is in the state.

semitunde:


I'm not an economist, I go by common sense and experience.

The primary and most important factor in guaging economies intrinsically, is the living population. Living population isnclude humans, plants and animals(as farms or livestock). If you have these, you can not only grow an economy, you can more importantly, sustain it.

Therefore all what intelligent economies do is to do what will make people come over. Or do things with their land to improve planting and rearing (basically).

Dubai was built with the aim of attracting people to stay there on the short, medium to long term. To make this happen they used what they had, arid land and loads of money. Massive constructions, attracting thousands immediately, ensured the place would be needing everything we are discussing here immediately. But to make sure the projects were not pipe dreams after the constructions were over that needed to make sure those structure were put to use and /or continue building other structures. That is why Dubai is being sold as a tourist destination, probably harder that other places. They are still having their issues, many building s are still empty without buyers.

Coming to anambra, I'm using anambra because chino had limited the scope-many indigenes don't stay at home. Nothing is really out of the ordinary that forces Igbo to actually go home. The east is not very strong on land availability so farming and livestock management is limited. What is left for its sustenance is its people, actually staying there.

What can make people come and stay is continuous large scale industrialisation or large scale construction or large scale value chained agriculture. The last has limitations as I mentioned above but the first two are possible- with a unifying factor.

Someone said the igbo are cuturaly and religiously homogeneous. I beg to disagree. Igbos are homogeneous only when expedient. The mist homogenous Igbo group is the individual family unit, every other group is an alliance of expedience. I know many will disagree and go emotional but looking in, that's the picture. The pull of whichever alliance an Igbo is in is quite strong as he tries to out his energy into the project. If Igbo can get a good leader to rally round- one trusted and respected by other ethnic groups, they will truly be unstoppable.

Right now they are not decided yet or should I say, they don't have a clear thought out plan for sustainable development. Hotels and malls are good, but those are supposed to serve the people who are already attracted/attached to the place.

Ibadan has all what anambra has but ibadan's selling point is its proximity to Lagos and a cheaper alternative. What does anambra have to sway a rich lagosian?

Finally. Discussions I expect here include a high speed train connecting the east to the west and middle belt. So that it becomes easier to take a trip east for omugo or a fishing festival. To take electronic locally made aba shoes to the north etc.

The best bet for a sustainable east is in coorooration with other parts, through an articulate trusted intelligent leader.

Shalom

PS. Typing from a phone. Excuse any errors.

Handsomegod: @Semitunde. Nice points you have there even as I beg to differ on some points.Anytime you are tempted to conduct a comparative analysis between the east and other regions,never forget that just barely 4 decades ago,that region was a pile of rubbles and a wasteland ravaged by missiles and on the throes of human and material waste after the civil war. Aside Animal husbandry,specifically cattle rearing,the east has the potentialities to sustain itself in food production.I recall my Dad telling me about M.I Okpara's agric revolution via farm serllement schemes.And specifically,the faculty of Agriculture in UNN once supplied all the chicken protein consumed in the entire region.Ebonyi state alone is an sleeping sub-regional food hub. The difference between Onitsha and Aba from Kano,Lagos and PH is that while the latter cities draw their strenghts from Govt intervention and interplay of centripedal and centrifugal forces,the two eastern cities where wholly indegenious: grown, built,sustained and developed by the sheer efforts of the locals.Lagos and co have all the full compliments of key governemnt investments that drive growth and development. Talking about a cordinated development plan anchored on the directives of a unified leadership,the little history I know so far showed that Igbos were never cordinated as such yet never lacked direction.The existence of a competve,individualistic yet communal worldview always provide a rallying/united point.Unfortunately,we always gloss over the effects of the civil war vis the current Igbo predicament.The war displaced the Igbos economically,destroyed the socio-cultural superstructure and the recovery has not been as fast as expected. The current rennaissance of Pan-Igboism is merely a gradual attempt to revival. I dare say that the focus of the different active state govts in the region(Anambra,Enugu,Imo and Abia) was on leveraging on their individual strenghts.Your postulations for a functional rail line is apt and long over due while I dare add that the existence of a functional seaport anywhere within 50 kilometers from either Onitsha or ABa will boost their potentials excessively. Damn any typo error too.Typing with phone+on my way to work.

oneeast3: You got it all wrong on the resident population. Anambra is the most cosmopolitan state in the SE today. Am very much aware that resident population in Anambra will not be anything less than 7million if not up to 10million today. Yes, I mean resident population including visitors and their host. Just like Lagos or Rivers economy is not dominated by only Lagos indigenes or Rivers indigenes, it is the same way Anambra economy is not dominated by only Anambrans only, though they own good proportion of it. The population has even grown bigger due to returnees from the north and other parts of the country where where there is Boko Haram menace.

semitunde:

But there lies the advantage. You guys have the opportunity to actually rebuild using the most modern amenities without being pulled back by cultural or historical sentiments a la Ibadan.

Most countries having the latest structures or amenities had to rebuild after a war like situation. Check them all out. I guess even some southwest states might be forcing the issue of burnt markets as means to an end. Its best to rebuild after ruin, it can be even cheaper than renovation/rehabilitation.

The other regions may not have borne the brunt of the war like the east but they also became victims of immediate migration of easterners. This had impact on their social amenities, and for the west who were practicing a pseudo socialist type of government had to now take care of a lot more people on health, education etc; apart from maintaining roads more frequently and having to deal with more waste and refuse. II'm not sure the west actually succeeded in dealing effectively with that.

The east have the opportunity to make all their social amenities of good quality and in good quantity enough to take care of Igbo and even other visitors and migrants to the east; if it hopes to have a sustained development.

I'm into construction I know a thing or two about this. The roads in most pictures in the east are as good as the use, not yet due to the quality of the works done on it. It when you have trailers constantly plying roads made for keke napep and motorcycle that you'd know if your govt is serious or not. If they are going to make some roads just for private cars in an east where each man considers himself a big man might be a challenge.

There's a case on the Lagos house of assembly about a man building a petroleum tank farm within Ikeja GRA!! You will have many of those to grapple with as many are used to exploiting infrastructure than maintaining them.

I had said repeatedly that the biggest challenge for Igbo, asides getting a trusted leader is how to create an enabling environment to take care of a sudden surge in population. All aspects of governance, including policy making, will have to become sharper and more proactive. Many Igbo take this lightly.

standupguy:

Hotels have always been a boom in the south east, hotels are a low risk and low employment investments which mostly owned by individuals.
What we need more in the south east is industrialization and capital commerce which will reduce migration.
Electric Power is the root of our unemployment in this country, with power we can easily harness our environment to produce whatever we need, thereby increasing industrialization, reducing importation and increasing employment.

Handsomegod: @Semitunde. When you insinuate that the West,by accomodating the easterners on the throes of civil war migration actually bore a huge cost,you are unmindful that the immigrants actually were creating value and wealth in the new locality and remitting same via taxes and consumption expenditure hence the accepting society(West) are on the gaining side.And when u posit that the aftermath of the civil war presented the east with an opportunity to build solid structures from the scratch,then it is obvious you forgot the policy thrust of the federal government immediately after the war vis 20 pounds policy,indegenisation decree,abandoned property,decimation of the active and skilled human resouces of the Igbos in a gruesome war not to talk of their properties looted and the trauma of defeat. Even the Gowon's government's post-war reconstruction effortd(3 R's) was a sham and a shame to ponder.How could anybody expect such a group to build "solid structures" from the ground up in view of such debilitating realities I may be wrong,but forgive me if I say you have never been to the east to really asses the growth and development made only possible by a people's sheer will to overcome their social-cultural-economic-political handicaps without the expected sustainable federal government investment in capital expenditure.For every untapped body of water in the east,there are multiple functional governement constructed dams in the north.The same contrast is evident in other amenities. Please am not trying to create excuses for whatever lapses we have,but it is also noted that genuine reintegration follows after every war.Germany after the second world war,The hutus in Rwanda,Russian with the advent of Peter The Great,etc.That was never done in our case rather a host of systematic policy driven factors were integrated to keep the" vanquished" underneath for good. About the population angle you stated,I saw Chino above giving you his estimate of what Onitsha population alone and I tell u what,Aba is more but who cares to find out in a nation where the parochial politics of population census ensures we may never have the true population distribution.It took the UN to tell us that the South East is the most densely populatiod region in Nigeria although Nigerian population figures say the contrary.My submission:Pending the existence of standard highways,seaport and standard rail lines,Igboland from Igbanke to Ndoni is primed,ready and already roaring in developmental efforts.Thanks for ur time.Damn error if any!

FKO81:

Bro south/east is developing fast , some of you lack information and hardly travel out side your domain, for example we have big industries in Anambra, Abia, Enugu, Imo Asaba and Ebonyi. The ones that I can remember in Anambra are:

Onitsha industries
SAB miller
Orange drugs
Krisoral group of companies
Emzor pharmaceatials
Swiss Pharma
Markson Chemical industry
Bentraco group of companies
Onitsha cotton mill
Reliable steel and plastic industry
Zubies biscuit and Osas Ice cream Ogidi
KP Pharma etc.

Nnewi industries
Innoson motors
Chicason group, ie AZ oil
Dozzy oil
Tonnymas (Nnani)
Ibeto group
Coscharies
Tommy Tommy food and beverage makers of Tommy tommy noodles.
Cutix wire and cable etc.

Awka industries
Millennium industry
JUHEL Pharma
Niemeth.building the big pharmacetical plant in Nigeria. Etc.

Anam
Cochad farm
Omor rice processing plant

Aguleri
Orient refinary

Ozubule industrial estate
We have some companies under construction ie.
Distail beverage from south africa makers of vintage wine etc. We also have industries in Obosi and Nkpor
So brothers the future is bright for our people.

abagoro: And Imo State setting the pace as Entrade (German waste to energy firm) moves to Imo

ENTRADE Energiesysteme AG has received a major order for the establishment of a state-wide energy and waste management system from Imo State, a statement said on Monday.

Under the agreement, which has been concluded with  Governor Rochas Okorocha, ENTRADE will initially set up 200 energy and recycling stations in the state capital, Owerri. This part of the planned project is to be completed by the end of 2015, followed by the optional construction of up to 2,300 further regional supply centres throughout the entire state. ENTRADE will operate these centres itself, both processing waste and then selling the electricity which is generated.

The aim is to build up a comprehensive power-supply network, based on the micro biomass generators developed by ENTRADE with an individual electrical output of 20 kW. These are to be fuelled mainly with bamboo pellets.

“This fast-growing raw material could for the most part solve our current power-supply problems”, Prof. Okee Okoro from the state’s Ministry of Energy and the Environment said.

“This pioneering project is therefore highly significant not only for our federal state but for the entire country of Nigeria.”

http://businessdayonline.com/2014/08/imo-state-agrees-energy-waste-contract-with-germany-firm/


 

asha80: abia state(aba and environs) need this type of investment.

abagoro:

Not just Aba but the entire Nigeria. The beauty of it is that State Government will not pay the investors but they make profits from managing waste and converting same to energy. If the 1st phase in Owerri succeeds, Entrade will experience a revolutionary boom across Nigeria. Their shares in Germany is sold out.

asha80: how do you know about their shares?

abagoro:

http://www.businesswire.com/news/home/20140925005275/en/Shares-ENTRADE-Energiesysteme-AG-oversubscribed

The Central Bank of Nigeria has rated the economy of Anambra State as among the strongest in the country.

The Branch Manager of the bank in Awka, Mr. Okoro Azubuike, announced the rating in Awka on Thursday when he received the Minister of Information, Mr Labaran Maku, who was on the good governance tour of the state.

Azubuike said deposit mobilisation in Anambra state was third in the country behind Lagos and Kano, while it ranked fourth in terms of the presence of commercial and microfinance banks.

He said the commercial cities of Onitsha and Nnewi were large and had made the state the commercial base of the South East region.

In his remarks, Governor Peter Obi said the bank was crucial to the commercial activities of the state, adding that the government had resolved to fast-track the construction of its permanent office in the state.

django1:

Lies @ bolded.

The cashless policy test run never ranked the states involved in the programme. If you have any where they did so, give us d link.

You like to dey add sugar for your tory well well.

django1:

1st bolded, do you have data to back that up or you pulled it out of your anal orifice?

2nd bolded, LIES. Try harder. Anambra is not even in top 5. Google is your friend.

3rd bolded, you do realise that all those three cities still wouldn't add up to one single city in other places right?


Anyway, continue....

oneeast3: Anambra has the biggest economy in Nigeria after Lagos, River and may be Kano. Look at the CBN report above and you will see where the bulk of capital resources are headed..

Anambra is the most cosmopolitan state in the SE thereby has the largest population in the region making it the most populous state in Nigeria after Lagos, Rivers and Kano. You can take that to the bank..

I don't have time for unnecessary back and forth..

abagoro:

Chino in a bid to glorify your State you make some fallacious errors that even a nursery pupil could spot. Abia is by far the most cosmopolitan State in the Southeast. In fact there is a town known as Umuchieze that lies between Okigwe and Enugu having 30,000 Northerners. Settlements of people of diverse ethnic background like Efik, Ibibio, Yoruba, Hausa, Camerounians, Togolese, Beninoise, Liberians, Jamaicans etc is much more common in Aba than other Igbo towns.

Anambra is the most populous Statein the Southeast because a slight majority of Central Igbo is within its boundaries. There has not been major migrations like the case of Abia. Anambra and Imo are the most populous as a result of continuous ancient settlement and population increase. Majority of people in both States are by far natives of the respective States while Abia has very high population of Anambra and Imo natives that moved there.

He slated February 1, 2015 as the proposed date for all the tenants to start occupying their spaces as the beneficial occupation shall be granted to tenants to commence their shop fit-outs, which is expected to take 30 to 60 days before the opening date.