SuperS1Panther:
Who God has blessed, no man can curse.

Osus, Ojukwus, Ugandan Developers and Relatives of Netanyahu can only hate and be envious, their settlements will always be at par with Mogadishu.

24SEVEN:


So technically, Nigeria is impeding on Lagos growth.

I dont know why i do not believe this report. I think the analyst failed to observe that Nigeria has literally put almost all her eggs in one basket, and that basket is Lagos.

Lagos did not achieve its position without help from the FG. Its huge infrastructures were invested on it by the FG over a period of 30yrs and some govt policies have favoured her especially.

Granted, Lagos proximity to the atlantic ocean has set it apart from Abj(another city with huge federal investment) but Lagos has no known natural resource and doesn't have the landmass for industrial agriculture or animal husbandry. Lagos only has proximity to the ocean, something half a dozen other states have.

The writer failed to realise that Nigerias skewed system of governance cannot carry-on for long and when this system collapses and eventually gives way to true fiscal federalism, some monopolies and special treatment enjoyed by Lagos will cease and wealth will be more evenly distributed amongs the states who are currently being deprived by the unfortunate situation we find ourselves.

Instead of actually rising, there may just be a decline in the growth forecasts of Lagos. Any growth forcast done when the correct system is in place can actually be considered to be real. Else, every forecast is lopsided, and therefore unsustainable.

mandarin:


I feel you didn't do your critical assessment on economic terms. Businesses follow opportunities and that's what Lagos gives you. The metropolitan population is awesome and Lagos headstart advantage will continue to give it an advantage whether Nigeria resort to fiscal federalism which will make Lagos income run into trillions of naira or regionalism which will sustain her huge population.
That Los Angeles grew in the West of USA never upturned New York remember, Lagos will keep evolving

Omololu007:
they love talking about lagos been favoured....what about ogun state then,with oil ogun is generating more revenue than most of the southern state,and is more industrialise than 95% of the southern state

Orikinla:

You forget Rivers State with the biggest LNG company in Africa and if there is a seaport in Port Harcourt, Rivers can become industrlized.

Blue3k:


Every state has that potential. There's nothing magical about lagos. If the same formula is followed with infastrure, rule of law and ease of business. Every state will do crazy numbers.

Rivers already has 2nd IGR and economy. There's plenty of potential in if steps are taken by our state govrnments to attract investment with business friendly atmosphere. Industrialization is our future, mechanicized farming and services are future economicly.

Blue3k:


Every state has that potential. There's nothing magical about lagos. If the same formula is followed with infastrure, rule of law and ease of business. Every state will do crazy numbers.

Rivers already has 2nd IGR and economy. There's plenty of potential in if steps are taken by our state govrnments to attract investment with business friendly atmosphere. Industrialization is our future, mechanicized farming and services are future economicly.

asorocker:
the only way this can happen is if Nigeria contnues to be a land locked country with only one maritime gateway

989900D:


I agree with everything else, but the 'spirit' of Lagos is magical.

Orikinla:

You forget Rivers State with the biggest LNG company in Africa and if there is a seaport in Port Harcourt, Rivers can become industrlized.

Omololu007:
is there a port in ogun?