bukster:


SS
$75B

SW
$79B
SW without Lagos
$46B

SE
$37B

NC
$30B
NC + FCT
$35B

NW
$44B

NE
$22B
source: http://services.gov.ng/states


source: http://www.naij.com/401470-see-the-10-poorest-states-in-nigeria.html

The SW does well in both statistical data and is probably the region that is trying the hardest to reduce its dependence of oil. If the Yorubas contributed so little to SW GDP, why can't other tribes replicate the SW development in their own states? Why is it that 4 Yorubas are in the top ten richest Nigerian list when Yorubas only make up 21% of the population?

zendy:


Who told you this? Take away Lagos and tell me what is left in the SW? The same Lagos collectively built by everyone? It is a good thing that Oil might soon be pumping out of the South-west. Hopefully, this will finally help the Yorubas leave Biafran agitators alone. Who knows? It might even help the Yoruba man get back a sense of self determination and sovereignty. Two vital human traits that the Yoruba man has long thrown away in the name of 'one Nigeria'.

erico2k2:

Yes I agree with you on the greed part, thats the diffrence.But greed is not limited to just one tribe,if and Igbo Man imports fake car battery in 20 ft container, yoruba man buys 100 PCs of it to sell in his shop, they are bot greedy this is how Nigeria work today, its left for consumers to know what they want.to be honest its worse in Europe, there are more fakes here than Nigeria, the Uk for example has high value fake goods from phones to car parts.If you ever watch a program called fake Britain on BBC you will be shocked

meforyou1:
No man's oil. We igbos will buy it in addition to lagos lands that we have acquired

lygn19:
d igbo's go to China and purposely ask them to produce fake products, and bring it to Nigeria and d Nigerian ports wud see the goods discover it's fake and tell d Igbo man take go and do business...lol

lastpage:

STOP acting dumb please!
The Port "watchers' take Bribe. Police take Bribe....e.t.c

The ONLY bright light that have ever come from our Eastern Brothers, is that woman whom Buhari identified, Dora Akinyilu of blessed memory.


But they still killed the woman eventually sha, after many attempt to assassinate her.

That woman fought them like a Lion!


Lastpage!

erico2k2:

Guy check history very well, the Oil well you are talking about then was limited to the modern day bayelsa state, which was in the Old Eastern region, that was Ojukwu domain did you forget that bit?I my mums town Sapele.The NG army where looking for all the igbos in sapele and where all arrested and we know what happened to them.The issue of Benin was them trying to seek support not capture,if they gained support from these places I believe the outcome will be diffrent but who knows

StOla:
"Our oyel" people would let us hear word now.

Johntobi56:


Thank you SE is a barren region
SS controls oil
SW controls economy
SE controls poor sand

lygn19:
so der are no igbos in d mid west...
Y dont u say Dennis Osadebay was appointed by Azikiwe from Biafra to come and dominate Midwest ppl

lygn19:
lol... keep lieing.

agabusta:
Lagos oilfield to begin production this year

With the award of a rig contract to carry out the drilling and completion programme for the Aje shallow-water field offshore Lagos, the first oil production is expected to begin in the state by December this year.

The operator of the Oil Mining Lease 113 has, on behalf of the joint venture partners, entered into a rig contract with Saipem for the Scarabeo 3 drilling rig to carry out the drilling and completion programme for the Aje Field Cenomanian oil development, Panoro Energy said in a statement on Monday.

The joint venture partners led by Yinka Folawiyo Petroleum Company Limited (the operator) had in October last year taken the final investment decision to develop the first phase of the Aje field.

According to the statement, the Scarabeo 3 rig is a semi-submersible rig currently stationed offshore Lagos. The rig will be moved 18 nautical miles to the Aje drilling location and will be used to carry out well operations for the first phase of the Aje Cenomanian Oil field development that includes two subsea production wells.

It said the well operations would comprise the completion of the existing Aje-4 well as a production well, and the drilling and completion of a new well, Aje-5, which would be drilled to the Aje-2 subsurface location.

The Aje-2 well is said to have demonstrated high reservoir productivity in a Cenomanian production test conducted in 1997, flowing approximately 3,700 barrels of oil per day of 41˚API oil under suboptimal well conditions.

Well operations are expected to commence in early third quarter of 2015 and are likely to take approximately 90 days to complete, according to the statement.

It stated that once well operations had been completed, subsea equipment would be installed and the wells would be tied back to the Front Puffin floating, production, storage and offloading vessel, currently undergoing refurbishment in Singapore.

The Chief Executive Officer, Panoro Energy, Mr. John Hamilton, was quoted in the statement as saying, “Panoro is very pleased to be entering into the rig contract for the drilling and completion of the Aje development wells. We have been able to achieve a lower rig rate than was expected when the Final Investment Decision was made in October 2014.

“With well operations expected to commence in the next few weeks, we will continue moving towards our incremental growth strategy of converting Panoro’s discovered resource base into commercial production and generating positive cash flow in 2016.”

Aje is an offshore field located in the western part of Nigeria in the Dahomey Basin at the border with Benin Republic, with the first oil targeted for December 2015, the statement said.

The field is situated in water depths ranging from 100 to 1,000 metres about 24 kilometres from the coast. The field contains hydrocarbon resources in sandstone reservoirs in three main levels – a Turonian gas condensate reservoir, a Cenomanian oil reservoir and an Albian gas condensate reservoir.

Yinka Folawiyo Petroleum Company is the operator, with 25 per cent interest in the field. The partners are Vitol, First Hydrocarbons Nigeria Limited, Energy Equity Resources Limited, Panoro Energy ASA and Jacka Resources Limited.

The JV partners had in January 2014 submitted the Field Development Plan for the Aje field to the Department of Petroleum Resources. The FDP was approved in March and is primarily focused on the development of the Cenomanian oil reservoir.





http://www.punchng.com/business/business-economy/lagos-oilfield-to-begin-production-this-year/

meccuno:
When I hear some peeps call them selves sophisticated,and I read their comments with their high level of ignorance,I wonder where and how the sophistication came about.......I won't assume that many of them are kids but I believe they should be above 25........when one dude says that the ondo state has more oil than the whole south east,I shudder.......am not surprised though....Nigerians believed þhat they where they giants of africa until they went to south africa.....no need explaning stuffs to them.....its best they still wallow in their sophisticated ignorance......it won't do any harm if they travel out of the SW.....lagos isn't Nigeria......as they say...

*We have given the example of how Awolowo "checkmated" the Robbery of Benin CBN by Biafran robbers and collapsed their economy, not to mention how he ended the war "quickly" using sheer wit.
*We have mentioned somewhere else how Yorubas have been able to inter-marry amongst other tribes, showing that they have evolved beyond the level of "our tribe".
*We have seen how Lagos is the most Accommodating and Peaceful state in Nigeria, irrespective of where you come from, something you will only find in sophisticated economies of the Western world.
*We have seen what happened in the last election and how the Yorubas have quietly gone about achieving their aim, despite that Jonathan was an "incumbent" and the Ibos were too busy chest-beating and doing gra-gra!
*We have seen how over and over again, Yorubas have chosen "Peace and use of "Native Intellect", (something Ibos erroneously call "cowardice" to achieve their set-objective while Ibos are always baying for war, to achieve even the simplest things.

bharkarh:
that's bad na....instead say
SE controls Red sand

Johntobi56:


That was democracy
This was war
Ojukwu killed Edo & delta people
And declared it a republic of benin undwr BIAFRA control
Is that how you seek support ??
The trauma Igbos face today they wanted to pass it to others
I'm even SUPRISED EDO and delta has forgiven you for your atrocities

Rose2014:

When u talk about SW you mean Lagos right?
All tribes in Nigeria contribute to Lagos revenue. Yoruba contribution may be insignificant sef

Well except if 'owoda' and 'Agbero' are put into consideration

CoolBigSam:
I'm just thinking how you keep getting the few likes and shares. It just baffles me.

ekenedegreat:
And I hope you people will now let them secede now that you people claim to have oil.

BuddhaPalm:


Ifeness my good friend, so you're from no-man's-land?



I kid, I kid!

Johntobi56:



Wow even without Lagos yoruba land is still the richest ! Did they add Kwara and KOGI yoruba

modath:


I usually don't respond to foolishness like this but I'll humour you just this once.

Go and join a comedy troupe cos that's where you belong.... My initial comment was made in jest, let me be serious;

Scared of who ? Your people have tried it once & are still counting the losses, you can play around as much as you want,just restrict your issues to the internet, radio & diaspora agitations as you have been doing & we will continue to humour you.

Y'all aint going nowhere...

Rose2014:
Hopefully this will make my ewedu brothers to stop peeing in their pants when they hear 'secession'
Ewedu consumers depending on oil for their daily bread since 1914. With this type of news, I expect them to feel safe enough to support Biafra or at the very least 'resource control'


Either way #Godwin#

tiger28:
funny thing though, secessionists don't have oil. Trying to claim ND . But they are not.

johnnysmart:
OLODO

CoolBigSam:
I'm just thinking how you keep getting the few likes and shares. It just baffles me.

modath:


I usually don't respond to foolishness like this but I'll humour you just this once.

Go and join a comedy troupe cos that's where you belong.... My initial comment was made in jest, let me be serious;

Scared of who ? Your people have tried it once & are still counting the losses, you can play around as much as you want,just restrict your issues to the internet, radio & diaspora agitations as you have been doing & we will continue to humour you.

Y'all aint going nowhere...

modath:


I usually don't respond to foolishness like this but I'll humour you just this once.

Go and join a comedy troupe cos that's where you belong.... My initial comment was made in jest, let me be serious;

Scared of who ? Your people have tried it once & are still counting the losses, you can play around as much as you want,just restrict your issues to the internet, radio & diaspora agitations as you have been doing & we will continue to humour you.

Y'all aint going nowhere...