http://qz.com/676819/lagos-is-africas-7th-largest-economy-and-is-about-to-get-bigger-with-its-first-oil-finds/

Lagos’ success has set it apart as a benchmark for other states in Nigeria. Internally generated revenue (IGR), mainly through taxes stood at $1.3 billion in 2015—three times more than the state with the second most IGR and 39% of the total IGR by Nigeria’s 36 states. But Lagos’ success looks even better compared to other African nations.

With GDP in 2014 pegged at $90 billion, Lagos’ economy stands as the 7th largest in Africa- bigger than Cote d’Ivoire and Kenya, two of the continent’s most promising economies.


A finely tuned IGR model and a growing economy has made Lagos into Africa’s leading city and one of the world’s fastest growing megacities. Now with oil production, it will grow even quicker. Remarkably, Lagos’ immense commercial potential belies its size. The smallest state out of Nigeria’s 36, Lagos’s size area is dwarfed in comparison with Africa’s biggest economies.

This is good news, I just hope the money goes round

Nonsense

Abeg which oil production

GDP Isn't everything.

Make I dey observe

Sweetguy25:
GDP Isn't everything.

But yet if GDP goes down by 0.000001% people will flood that thread with hate comments all day.

Igbos will come later to tell us that they deposited the oil as part of their effort to build Lagos State.

Sweetguy25:
GDP Isn't everything.

Enviness and hatred is not good for your health. HBP is real

Warning to all SS and SE...there is no oil in commercial quantity in Lagos. Nnamdi Kanu exposed them last yr that they were laying pipeline from Bayelsa to Lagos with hope that by next yr they will claim that Lagos has oil. Someone need to find that Nnnamdi Kanu tape...exactly as he said. This is a well engineered ploy to make it seem like SW has oil; as they falsely claimed for Ondo yrs ago...so called Ondo oil field, was stolen from Bayelsa under Obasanjo. Their propaganda media machine recently and lately has intensified. The objective of this propaganda is to make it seem to SS and SE that SW also have oil...TO CONTINUE THE ONE NIGERIA ENTERPRISE!

My proposal to test this propaganda
1. If Lagos indeed has oil as claimed, let Nigeria stop all oil production in SS and SE, instead focus on Lagos and Ondo to feed the nation as SS and SE have been doing for over 50 yrs. They will refuse because THEY WILL BE EXPOSED...THERE IS NO OIL IN LAGOS AND ONDO IN COMMERCIAL QUANTITY; IT'S JUST A PLOY TO DECEIVE SS AND SE.
2. If Lagos now has oil, as with Ondo, shall we now divide this country since all regions now have oil? Oil was also found in Bornu! They will refuse because...THERE IS NO OIL IN LAGOS, ONDO AND BORNU IN COMMERCIAL QUANTITY; JUST A PLOY TO DECEIVE SS AND SE.

SOMEONE NEED TO FIND THAT NNAMDI KANU TAPE IN 2015 OF PIPELINE BEING LAID FROM BAYELSA TO LAGOS...UCHE MEFOR PLS FIND THIS TAPE!

Surbway101:


Enviness and hatred is not good for your health. HBP is real

What is there to envy?

Sweetguy25:


What is there to envy?

Check your bp.

Another good news that gladdens the heart of people that rejoice with those that are rejoicing and a very sad news for those envious and greedy sons of hatred.

Naija9090:
[s]Warning to all SS and SE...there is no oil in commercial quantity in Lagos. Nnamdi Kanu exposed them last yr that they were laying pipeline from Bayelsa to Lagos with hope that by next yr they will claim that Lagos has oil. Someone need to find that Nnnamdi Kanu tape...exactly as he said. This is a well engineered ploy to make it seem like SW has oil; as they falsely claimed for Ondo yrs ago...so called Ondo oil field, was stolen from Bayelsa under Obasanjo. Their propaganda media machine recently and lately has intensified. The objective of this propaganda is to make it seem to SS and SE that SW also have oil...TO CONTINUE THE ONE NIGERIA ENTERPRISE!

My proposal to test this propaganda
1. If Lagos indeed has oil as claimed, let Nigeria stop all oil production in SS and SE, instead focus on Lagos and Ondo to feed the nation as SS and SE have been doing for over 50 yrs. They will refuse because THEY WILL BE EXPOSED...THERE IS NO OIL IN LAGOS AND ONDO IN COMMERCIAL QUANTITY; IT'S JUST A PLOY TO DECEIVE SS AND SE.
2. If Lagos now has oil, as with Ondo, shall we now divide this country since all regions now have oil? Oil was also found in Bornu! They will refuse because...THERE IS NO OIL IN LAGOS, ONDO AND BORNU IN COMMERCIAL QUANTITY; JUST A PLOY TO DECEIVE SS AND SE.

SOMEONE NEED TO FIND THAT NNAMDI KANU TAPE IN 2015 OF PIPELINE BEING LAID FROM BAYELSA TO LAGOS...UCHE MEFOR PLS FIND THIS TAPE!

[/s]
u better don't die of envy HBP is real o.

See Nigerians cursing each other and hating of nigerian oil they ain't gonna get a dine from apart from little salary they pay. How lagos GDP take concern anybody wey no be lagos politician? If una like make una use olugbouhn swear because of nigeria matter.

.

Which oil, don't make me laugh. Look, discount everything you read in the papers, in this dispensation. It's just a big scam, to inspire confidence in this government and thus entice foreign investors. In 2020, you'll get the true gist on this oil find scam. The SW, will forever have their hands begging for oil from the Niger-Delta.

Naija9090:
Warning to all SS and SE...there is no oil in commercial quantity in Lagos. Nnamdi Kanu exposed them last yr that they were laying pipeline from Bayelsa to Lagos with hope that by next yr they will claim that Lagos has oil. Someone need to find that Nnnamdi Kanu tape...exactly as he said. This is a well engineered ploy to make it seem like SW has oil; as they falsely claimed for Ondo yrs ago...so called Ondo oil field, was stolen from Bayelsa under Obasanjo. Their propaganda media machine recently and lately has intensified. The objective of this propaganda is to make it seem to SS and SE that SW also have oil...TO CONTINUE THE ONE NIGERIA ENTERPRISE!

My proposal to test this propaganda
1. If Lagos indeed has oil as claimed, let Nigeria stop all oil production in SS and SE, instead focus on Lagos and Ondo to feed the nation as SS and SE have been doing for over 50 yrs. They will refuse because THEY WILL BE EXPOSED...THERE IS NO OIL IN LAGOS AND ONDO IN COMMERCIAL QUANTITY; IT'S JUST A PLOY TO DECEIVE SS AND SE.
2. If Lagos now has oil, as with Ondo, shall we now divide this country since all regions now have oil? Oil was also found in Bornu! They will refuse because...THERE IS NO OIL IN LAGOS, ONDO AND BORNU IN COMMERCIAL QUANTITY; JUST A PLOY TO DECEIVE SS AND SE.

SOMEONE NEED TO FIND THAT NNAMDI KANU TAPE IN 2015 OF PIPELINE BEING LAID FROM BAYELSA TO LAGOS...UCHE MEFOR PLS FIND THIS TAPE!

Sane people should ignore this ipob tout, expecting any sensible thing from an ipob is like hoping Kano pillars will win the uefa champions league. Abeg

iflywithbuhari:
Which oil, don't make me laugh. Look, discount everything you read in the papers, in this dispensation. It's just a big scam, to inspire confidence in this government and thus entice foreign investors. In 2020, you'll get the true gist on this oil find scam. The SW, will forever have their hands begging for oil from the Niger-Delta.

Yeboe man, the last time i checked, Ondo produce more oil than all your region. You should be worried about your erosion ravaged dumpsite instead of disgracing yourself online.

[b][/b]

Super1Star:
Another good news that gladdens the heart of people that rejoice with those that are rejoicing and a very sad news for those envious and greedy sons of hatred.

Yes we are happy as Lagos is for every Nigerians by right and by force. But using media propaganda to propagate the interest of Lagos is pushing things to far.
Lagos has no oil.

Surbway101:


Check your bp.

There's nothing to envy about Lagos having a high GDP. Its absolutely normal even for a third world city like Lagos.

All cities with a population of over 15 million plus have similar GDP figures.

What you should be concerned with is the living conditions of Lagos first. Lagos is not really a livable place you know? I've been to Nairobi and Abidjan and I have to admit that Lagos aint better than these places. They're actually more livable than Lagos.

This has nothing to do with tribalism.

Naija9090:
Warning to all SS and SE...there is no oil in commercial quantity in Lagos. Nnamdi Kanu exposed them last yr that they were laying pipeline from Bayelsa to Lagos with hope that by next yr they will claim that Lagos has oil. Someone need to find that Nnnamdi Kanu tape...exactly as he said. This is a well engineered ploy to make it seem like SW has oil; as they falsely claimed for Ondo yrs ago...so called Ondo oil field, was stolen from Bayelsa under Obasanjo. Their propaganda media machine recently and lately has intensified. The objective of this propaganda is to make it seem to SS and SE that SW also have oil...TO CONTINUE THE ONE NIGERIA ENTERPRISE!

My proposal to test this propaganda
1. If Lagos indeed has oil as claimed, let Nigeria stop all oil production in SS and SE, instead focus on Lagos and Ondo to feed the nation as SS and SE have been doing for over 50 yrs. They will refuse because THEY WILL BE EXPOSED...THERE IS NO OIL IN LAGOS AND ONDO IN COMMERCIAL QUANTITY; IT'S JUST A PLOY TO DECEIVE SS AND SE.
2. If Lagos now has oil, as with Ondo, shall we now divide this country since all regions now have oil? Oil was also found in Bornu! They will refuse because...THERE IS NO OIL IN LAGOS, ONDO AND BORNU IN COMMERCIAL QUANTITY; JUST A PLOY TO DECEIVE SS AND SE.

SOMEONE NEED TO FIND THAT NNAMDI KANU TAPE IN 2015 OF PIPELINE BEING LAID FROM BAYELSA TO LAGOS...UCHE MEFOR PLS FIND THIS TAPE!

Don't mind them, they think they are smart. Niger Delta Avengers is coming for them. They will blow up those hidden pipelines to smithereens. We will see then, how Aje oil field will produce crude oil.