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Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company (58730 Views)

An Assessment Of 'financial Derivatives Company' That Recently Dubbed Osun Rich / The Name ‘state Of Osun’ Is Illegal, Court Declares / Whatever Happened To The Big Fat Lie That Osun Is The Richest State In Nigeria? (1) (2) (3) (4)

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by deomelo: 7:16pm On Jan 03
temptnow:
Niger Delta oil money at work, what does osun produce, nothing



Osun state's share of that money is so meager that they can not even pay electricity with it and last time I check, most of that money goes to the Niger Delta and lost of them are still poor and owing salaries.



Rubbish..

2 Likes

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by Blue3k(m): 7:19pm On Jan 03
Weirdos argue for 5 pages but won't ask NBS to give them answer. Just a simple email or call to state offices. I feel like people dont care about data but just want something to argue about.

http://nigerianstat.gov.ng/contact

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by deomelo: 7:21pm On Jan 03
Igolasko:


Aregbesola embarks on infrastructure at the expense of human development.


The massive Investments in education, more than any state in Nigeria is not Human development? grin what is human development? grin


I just cannot over use the words ignorant and unintelligent when describing your ipob villagers.

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by deomelo: 7:23pm On Jan 03
Blue3k:
Weirdos argue for 5 pages but won't ask NBS to give them answer. Just a simple email or call to state offices. I feel like people dont care about data but just want something to argue about.

http://nigerianstat.gov.ng/contact


Hateful, bitter and angry ipobs are not interested in data, they are of course interested in ignorance and stupidity..

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by ehinmowo: 7:27pm On Jan 03
uglyafonja:
Nonsense......

Upon all the educational infrastructure, Osun still rank 29th out of 36 state...

What indices are they using

Workers are not been paid.....
They collected bail out fund and still depends on Niger delta oil for survival.....

Rubbish post from AFONJA media


Y are gala sellers always contending with their master? Conquered people

1 Like

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by deomelo: 7:32pm On Jan 03
These ipobs are funny Sha.

Obiano is their shining star in ibo land and when he's not commissioning substandard and falling apart village flyover, he's busy commissioning bore hole...

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by Blue3k(m): 7:32pm On Jan 03
deomelo:



Hateful, bitter and angry ipobs are not interested in data, they are of course interested in ignorance and stupidity..

Don't limit it to them. Nobody is here honestly. They could just email a request NBS. I got bored of these type of threads after the Anambra 4th largest GDP or Ogun FDI. All these claims could be confirmed or debunked by NBS but everyone more interested arguing in circles with each other.

In case you want to email request to NBS here a link. If you want to bump thead about topic feel free.

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by willibounce1(m): 7:34pm On Jan 03
Is this a Joke or something? the same osun that is struggling to pay salaries of civil servants.............OP you better be careful

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by deomelo: 7:42pm On Jan 03
Blue3k:


Don't limit it to them. Nobody is here honestly. They could just email a request NBS. I got bored of these type of threads after the Anambra 4th largest GDP or Ogun FDI. All these claims could be confirmed or debunked by NBS but everyone more interested arguing in circles with each other.

In case you want to email request to NBS here a link. If you want to bump thead about topic feel free.

Fact is, you can post any Data from any source, these village ipobs don't care even if the data was sourced by their own mama and papa, they are only interested their own ignorance and stupidity.

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by mrhowoto: 7:56pm On Jan 03
ehinmowo:



Y are gala sellers always contending with their master? Conquered people
Look at the face of the slave insulting the landlords of the southwest. Very shameful

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by engrchykae(m): 8:39pm On Jan 03
Even though its the 3rd of January,this joke has won the joke of the year.
Next i will hear how Buhari lectured Wole Soyinka and Chinua Achebe at the Usman Dan fodio university sokoto.

3 Likes 1 Share

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by edgecution(m): 8:49pm On Jan 03
I would have just read and move on but when i saw Financial Derivatives as the source of this report, i became more interested. Those in the Finacial world don't joke with their reports. By the way the company is owned by Bismarck Rewane and its a highly respected and reputable firm.

1 Like

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by mapet: 8:52pm On Jan 03
Ekealterego:
Be it far from me to hate but this "report" from Financial Derivatives company is an insult to all the people who taught Economics.
How do you measure wealth? Wealth is measured by these indices: GDP per capita and GDP.
However some other indices like personal income, distribution and people living above poverty line is also great.
Then of course I checked again to see who compiled the list, then it was a small private consultant in VI and ALL in board members and 99% of the staff are from that region. Just Google them. If they had said Ogun state, I would understand but poverty ridden Osun, common!

Bros,

Pls learn to say nothing, than make gaffes that make you come out more idiotic. Bismark Rewane the CEO of Financial Derivatives is one of topmost Economists in Nigeria. He has made his name before you ever made it to school.

@bolded, it is also stupid to tell lies in public domain. Pls provide the link to the staff and board members of Financial Derivatives
Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by bkool7(m): 9:09pm On Jan 03
daveP:
The compiler of this report must be a communist, and also heartless. I doubt he's an economist.

That means you don't know Bismak Rilwan . He is highly objective . I was sceptical at first but when I saw it was Bismak Rilwan, I had to endorse it.

1 Like

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by daveP(m): 9:31pm On Jan 03
bkool7:


That means you don't know Bismak Rilwan . He is highly objective . I was sceptical at first but when I saw it was Bismak Rilwan, I had to endorse it.
Still doesnt matter. The traits and blindness to reality is there now.
Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by fotadmowmend(m): 10:02pm On Jan 03
This is not but pure lie from the pit of hell..... so Osun isn't owing salary arrears But Aregbe is owing my daddy 2 years 1/2 salary arrears and 6 months 3/4 salary arrears.......

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by ArcFresky(m): 11:17pm On Jan 03
GuidoVanRossum:


Mimiko did wonderfully well across all sector.
Health
Education
Agriculture
Works
Infrastructures.
It's just painful that some of his legacies are gradually dying in this current government.

Maybe he did,
And maybe he didn't.

But can you explain the essense of an expensive events center, when you cant pay salaries.

Or better still how will having waterfalls benefit the state apart from its aesthetic value, it would have been better to build a statue, and and reduce recurrent expenditure.

Maybe agriculture was good, but some other things dont make sense, like ultramodern markets? What's ultramodern about stalls and lockup shops.
Infact govs squandared resources, I remember when mimiko first came in, and was demolishing roads and side walks agagu built, just to plant flowers?
Which sane person will do that?


The point am trying to make is to invest in the future, invest in Education, agriculture, infrastructure (not event centers ).
Not employing more civil servants, not building markets that will be selling goods imported from Lagos.
Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by Ekealterego: 11:34pm On Jan 03
GavelSlam:


So you want to claim you know more than Rewane?
So Rewane is above mistakes? Even someone with elementary knowledge of economics will know that the indices used are pure bullshit man.
This is the problem with Nigerians, you don't ask questions because they are coming from "elders".

1 Like

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by GavelSlam: 11:41pm On Jan 03
Ekealterego:

So Rewane is above mistakes? Even someone with elementary knowledge of economics will know that the indices used are pure bullshit man.
This is the problem with Nigerians, you don't ask questions because they are coming from "elders".

They even cited further independent sources.

But you know better.
Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by Yyeske(m): 1:08am On Jan 04
Third paragraph in the write up said the state is not delinquent in the payment of salary arrears...... Really, is it the same Osun or another??

From the report it means Taraba, Osun and Ogun states have lower misery index and richer than even Lagos State.

This report should be my first surprise on Nairaland in 2018 and I'm sure so many Osun peeps here would believe this with a pinch of salt.

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by Chikeluba25(m): 1:47am On Jan 04
You can't compare Mercedes-Benz with Opel you know.
I can't believe someone in his right thinking sense is comparing Almighty Anambra with Osun in terms of poverty rate,wealth. Laughable. The same Osun that can't pay salary. Even their governor hv poverty written all over his body.

If you are sincere to urself, you will know that one single person from Anambra State can feed the whole Osun state without complaining.

1 Like

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by totit: 1:53am On Jan 04
Amazing! Even NBS confirmed and established the stats? Wow!

God bless SW, God bless Osun,Ogun states and God bless Nigeria.

Bookmarked grin

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by Chikeluba25(m): 1:55am On Jan 04
The same Osun that is finding it difficult to pay salary.
Joke of the year.

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by Chikeluba25(m): 2:25am On Jan 04
deomelo:





Osun State



























Anambra village.




The difference is clear..
Talking like a small boy which u really are.
Answer this question; how many factories and industries are in Osun state?
How many nationwide used goods are produced in Osun?
How many industrialists are from Osun?
How many well renowned business tycoon are from Osun?
How many pacesetters and we'll known philanthropics are from Ogun state for you to compare it to Almighty Anambra State?

2 Likes

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by deomelo: 2:52am On Jan 04
Chikeluba25:
Talking like a small boy which u really are.
Answer this question; how many factories and industries are in Osun state?
How many nationwide used goods are produced in Osun?
How many industrialists are from Osun?
How many well renowned business tycoon are from Osun?
How many pacesetters and we'll known philanthropics are from Ogun state for you to compare it to Almighty Anambra State?




What is wrong with this little village ipob barking bingo?


Shu shu shu go and play with your bingo mates inside village square.

1 Like

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by deomelo: 3:15am On Jan 04
Sustaining Development In A Recession – The Case Of Osun



Critical infrastructure in Osun before the inauguration of the government of Ogbeni Rauf Aregbesola in November 27, 2010, was largely in a comatose. Economic activities had largely slowed down with considerable capital flight and migration of citizens in search of a better life.


Two options were available, (1) Continue in the traditional cosmetic governance: repaint a few state-owned buildings, patch a few roads here and there, pay salaries of civil-servants, using over 70 per cent of the state’s revenue (civil-servants represent less than one per cent of the 4.2 million Osun resident), or (2) Position Osun towards the path of sustainable economic development by making a case for concerted investments and using creative means to raise fund for critical physical and human infrastructure that will in turn spur private investments and economic growth.

A cross-section of road projects completed by the current Osun administration
Without any gainsaying, building roads, bridges, schools and hospitals among other physical infrastructure, creates jobs, enriches the local economy and gives access to market for farmers (many of whom dwell in the rural areas). If you ever wonder why more outsiders were crying than the ‘bereaved’ when the salary conundrum lasted, it was because majority of Osun people understood why the government aggressively pursued development of critical infrastructure across the state as it did.


Osun’s financial model worked perfectly by creating a pool of funds for infrastructure roll out that can only be utilized strictly for such purpose; due to market regulations of such funding by 2014. Using this financial mix, the administration of Ogbeni Rauf Aregebsola rehabilitated and completed 230 states roads spanning 368km. His administration partnered local governments to deliver 226 council roads across the 30 local governments and the development area with a combined length of 216km.
A cross section of the 300km council roads built across all Local Governments Areas in the state of Osun


Osun in partnership with the World Bank, RAMP 2 programme, also delivered 250 km of rural roads to open up farms in rural areas. The state is on course to deliver the next set of 250 km. It is noteworthy that Osun is one of just six states selected to partake in this programme. In all, the government has so far delivered road infrastructure to the tune of more than 1000 km, opening up our rural enterprises and areas, connecting urban centres and positioning the state as a trade and production hub.
Other construction projects delivered include 20 Elementary Schools and 22 Middle Schools all completed and in use. Many more are still under construction.




Osun has also invested concisely in the empowerment of micro, small and medium enterprises (MSME), given the trickle-up impact these make to socio-economic development. The government has so far deployed over N7 billion to 50,000 beneficiaries spread across 4,500 cooperatives and/or businesses targeted at market women, small scale farmers, artisans and physically-challenged individuals. Through its welfare programme for critically poor citizens, the government has supported 16,250 widows and disadvantaged persons.



http://blackface.com.ng/2017/01/06/sustaining-development-recession-case-osun/










The story is the same across the board

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by FAMKAY21(m): 3:49am On Jan 04
if i hear you say abaka anything or ebon something i go vex educate you about osun, so you sabi pass who audit am... osun has no much industry and we still leave on high price of things during recession and many other condition in 2k17 but, we still can afford things even to our taste. you talk of flyover, my question is where are we flying to, things are not just build for building sake, on that i think you guys(abakaliki and awon omo ebonyi) should stop short cutting and pass the normal route... cos, my people of omo oluwabi will say that, agba to ba lomi ninu kin pariwo... and i believe one school in OSUN STATE WILL BUY MOST OF THIS FLYING THING YOU ARE SHOUTING... We Are OMoLuWaBi "OSun ADaRA O"...

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by deomelo: 3:54am On Jan 04
Latest Unemployment report by NBS


0SUN-2nd lowest in Nigeria. 5.3%




Al the reports from all over are saying the same thing...

.

2 Likes

Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by deomelo: 3:58am On Jan 04
Poverty report even back in 2009-2010, poverty rate in Osun state was the lowest in Nigeria


.

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Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by iblawi(m): 4:37am On Jan 04
temptnow:
Niger Delta oil money at work, what does osun produce, nothing
money from cocoa as one of the largest producer, money from industries, money from tax payers, money from mining, gold, cement, etc. You should be ashamed that despite the money Niger deltans get plus 13% derivatives from oil they still have nothing to show for it.
Re: Osun Is Second Wealthiest State In Nigeria - Financial Derivatives Company by BudeYahooCom: 4:49am On Jan 04
I expect more of these fake ewedu statistics as election draws close by.

Fake statistics have always been the hallmark of APC pre-elections. Buffoons whose parents are owed salaries and dying of hunger will have their brains opened and propaganda implanted to make them more zombiefied to forget the atrocities of Aregbe and vote APC again.

After voting, another round of wailing continues with increase in hardship and sales of human parts to escape hunger. grin

Ewedurudeens never learn.

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