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Nigeria’s Population May Hit 300m, Says UNIDO - Politics (1) - Nairaland

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Re: Nigeria’s Population May Hit 300m, Says UNIDO by paddy_lo(m): 3:26pm On Aug 04, 2010
You sound so much like a novice in business in Nigeria.You are not smarter than people already living your dream.The population is 150m and you cannot point to any world class home grown Nigerian company .For your info the bakery business in Nigeria as been taking over by chinese.The Nigerian brakeries are outdated with No electricity and so thieven workers.

The chinese are operating from mars i guess?. . .i mean they took over cause thay have 2heads?. . .or are they not operating in the same Nigerian environment u lament about or am i missing something here?. . .

World class home grown Nigerian businesses include,Globacom,Main one,Dangote(Expanding accross Africa and buying into South Africa),A couple of banks(UBA for example),that are already in 16African countries and still expanding,OANDO is up and coming. . and so on

but this is not about being world class,its about serving a local growing population. . .

but according to u we should all fall back and let the chinese take over. . what a looser u are
Re: Nigeria’s Population May Hit 300m, Says UNIDO by tkb417(m): 3:30pm On Aug 04, 2010
^^^ not sure i know what the dude was talking about
Re: Nigeria’s Population May Hit 300m, Says UNIDO by paddy_lo(m): 3:32pm On Aug 04, 2010
Nigerian Dangote buys into S. Africa cement firm



April 10 (Reuters) - Nigeria's leading industrial conglomerate, Dangote Group, has acquired a 45 percent stake in South Africa's Sephaku Cement for 3 billion rand ($378 million) through a private placement, the two parties said on Thursday.

The cash from the strategic partnership will help finance the building of a 2.2 million tonnes per year cement plant in South Africa that is expected to start production by mid 2010, they said in a statement.


The deal is the latest move by Nigerian tycoon Aliko Dangote, Africa's most successful businessman, who controls about two-thirds of the Nigerian cement market, to expand his interests in the world's poorest continent.

Sephaku Cement is a subsidiary of Sephaku Holdings Ltd, a South African minerals exploration, development and investment company. The cement firm plans to list on the Johannesburg Stock Exchange in September after road shows to raise 1.2 billion rand.

"The partnership will provide Sephaku Cement with the necessary funding and technical expertise to expedite the construction of their new cement plant without affecting their status as a black owned and controlled cement company," the statement quoted Lelau Mohuba, the firm's chairman as saying.

Dangote signed contracts worth $1.2 billion in February with China's Sinoma International to build cement plants in the Democratic Republic of Congo, Equatorial Guinea, Ethiopia, Tanzania, Senegal and Zambia.

Sinoma and Dangote also signed another contract in February worth $1.6 billion to build six cement production lines in Nigeria, the Chinese firm said in a statement on its Web site.

Dangote commissioned two cement plants last May in central Nigeria with a combined capacity of 8 million tonnes a year, after it first bought control of the Benue Cement Company BCEM.LG.

The Nigerian company's other interests include the manufacture of sugar, flour, salt and spaghetti, as well as hydrocarbons, shipping and telecommunications. The firm listed two of its subsidiaries on the Nigerian Stock Exchange last year.


http://www.reuters.com/article/idUSL1026755920080410

Dangote is already the largest cement Manufacturer on the African continent. . .If u dont know. .now u know. . need more successful home grown Nigerian businesses?
Re: Nigeria’s Population May Hit 300m, Says UNIDO by desgiezd(m): 3:33pm On Aug 04, 2010
When we conducted the census in 2006 or so, the raw figures said we were over two hundred million; when they went and processed the figures it came down to 140million.

When you look at those figures and compare to those we had in 1991 at a growth rate of 2.1 or something like that, it is really just an extrapolation, because we were too embarrassed to admit our true numbers

The above quote is from a speech delivered by the erstwhile governor of Cross River State.

If our population is to double in the next 30 years, the figure will not be 300 million but over 400 million. The 150 million declared during the last census is just a political-well-doctored-figure. It shows that we are not ready to be truthful to ourselves, when we are ready, we will face our problems truthfully and squarely.
Re: Nigeria’s Population May Hit 300m, Says UNIDO by olas2u: 3:34pm On Aug 04, 2010
tkb417:

^^^ not sure i know what the dude was talking about



well you will understand it in future .
Re: Nigeria’s Population May Hit 300m, Says UNIDO by olas2u: 3:36pm On Aug 04, 2010
paddy_lo:

Nigerian Dangote buys into S. Africa cement firm



April 10 (Reuters) - Nigeria's leading industrial conglomerate, Dangote Group, has acquired a 45 percent stake in South Africa's Sephaku Cement for 3 billion rand ($378 million) through a private placement, the two parties said on Thursday.

The cash from the strategic partnership will help finance the building of a 2.2 million tonnes per year cement plant in South Africa that is expected to start production by mid 2010, they said in a statement.


The deal is the latest move by Nigerian tycoon Aliko Dangote, Africa's most successful businessman, who controls about two-thirds of the Nigerian cement market, to expand his interests in the world's poorest continent.

Sephaku Cement is a subsidiary of Sephaku Holdings Ltd, a South African minerals exploration, development and investment company. The cement firm plans to list on the Johannesburg Stock Exchange in September after road shows to raise 1.2 billion rand.

"The partnership will provide Sephaku Cement with the necessary funding and technical expertise to expedite the construction of their new cement plant without affecting their status as a black owned and controlled cement company," the statement quoted Lelau Mohuba, the firm's chairman as saying.

Dangote signed contracts worth $1.2 billion in February with China's Sinoma International to built cement plants in the Democratic Republic of Congo, Equatorial Guinea, Ethiopia, Tanzania, Senegal and Zambia.

Sinoma and Dangote also signed another contract in February worth $1.6 billion to build six cement production lines in Nigeria, the Chinese firm said in a statement on its Web site.

Dangote commissioned two cement plants last May in central Nigeria with a combined capacity of 8 million tonnes a year, after it first bought control of the Benue Cement Company BCEM.LG.

The Nigerian company's other interests include the manufacture of sugar, flour, salt and spaghetti, as well as hydrocarbons, shipping and telecommunications. The firm listed two of its subsidiaries on the Nigerian Stock Exchange last year.


http://www.reuters.com/article/idUSL1026755920080410

Dangote is already the largest cement Manufacturer on the African continent. . .If u dont know. .now u know. . need more successful home grown Nigerian businesses?
Dangote just went to the stock market few years ago,the company is not powered by Nigerians,but indians.Nigeria is 50 years old my friend
Re: Nigeria’s Population May Hit 300m, Says UNIDO by olas2u: 3:38pm On Aug 04, 2010
All the manufacturing and telecoms you have mentioned are powered by asians not Nigerians .Globcom is pwered by Indians.
Re: Nigeria’s Population May Hit 300m, Says UNIDO by Basseti: 3:46pm On Aug 04, 2010
desgiezd:

The above quote is from a speech delivered by the erstwhile governor of Cross River State.

If our population is to double in the next 30 years, the figure will not be 300 million but over 400 million. T[b]he 150 million declared during the last census is just a political-well-doctored-figure. It shows that we are not ready to be truthful to ourselves,[/b] when we are ready, we will face our problems truthfully and squarely.

It is only in Nigeria that stupidity and ignornace is celebrated and rewarded.

Only in Nigeria that simple biological rules are easily rendered null without anyone asking questions.

If we are being truthful, how can U explain the fact that the census postulates that there are more people living in the North (an arid area) than the south (rainforest area)? Any kid with a little knowledge in ecology and habitat, would surely question that assertion and successfully too.  Not in Nigeria.

Apart from the politics apparently in play, some regions of the country (advertently or inadvertently) help in worsening an already bad situation. I remember some group of people encouraging their own people to boycott the census. silly, silly, silly.

Like I said, stupidity is celebrated and rewarded in Nigeria alone.
Re: Nigeria’s Population May Hit 300m, Says UNIDO by tkb417(m): 3:49pm On Aug 04, 2010
olas2u:

All the manufacturing and telecoms you have mentioned are powered by asians not Nigerians .Globcom is pwered by Indians.
multi trex?
have u heard of them?
Re: Nigeria’s Population May Hit 300m, Says UNIDO by olas2u: 3:55pm On Aug 04, 2010
I have not heard but googled it ,they process cocoa.
Re: Nigeria’s Population May Hit 300m, Says UNIDO by Kobojunkie: 3:56pm On Aug 04, 2010
What a very naive and ignorant way of looking at the situation. . . . I am even more shocked that this is coming from someone who claims to be in the no and living right there in Nigeria.

tkb417:

and what if we are gonna grow to 300m?
it means the govt need to build more roads and get more infrastuctures on ground

WOW . . . the same government that failed to cater to the same masses when the population was only about 60 million? The same government that continues to fail to provide for the same masses now that we assume the population is at  150 million? You expect this government to provide the roads and infrastructure when the population gets to 300 million.

The government is significantly behind on development. It does not even have enough money to handle serious development at this point and you think somehow things will magically change when we finally have 300 mmillion people to deal with? Housing is still an issue in the same country and the government estimates we are 70% behind still. Yet there are no sustainable plans to help deal with the problem let alone fix it in the near future and you somehow post on here that 300 million will usher in magical change?

tkb417:

more people = more opprotunities

The opportunities has been in existence since the very begining. Nothing has stopped anyone out there from excelling all this time. Nothing!
Pretending over and over that these opportunities are NEW DISCOVERIES does not make for much of a valid argument /point.

tkb417:

reason why entreprenuership is thriving is cos we are populated. No matter what u sell in this country, u will eke out a living outta it
if we like, grow to 1billion. it means my product has a ready market of 1 billion people

Wrong!! The reason why entrepreneurship is thriving is because the entrepreneurs themselves are just waking up to their own dreams, and the part they have to play in the whole. There has always been a population, a market for most goods. From way back in the 70's to present. So many other entrepreneurs started taking advantage of that fact from way back in the 60's. That new entrepreneurs are just joining the fold does not mean anything has really changed. The new ones are simply just waking up to their own potential and where they fit in.

I am sure there will be folks who will repeat the same in bold above when if and when we get to  the 1 billion mark.
Re: Nigeria’s Population May Hit 300m, Says UNIDO by Kobojunkie: 3:58pm On Aug 04, 2010
tkb417:

multi trex?
have u heard of them?
multi trex integrated foods plc?
Re: Nigeria’s Population May Hit 300m, Says UNIDO by paddy_lo(m): 4:00pm On Aug 04, 2010
Nigerias UBA inow open 14 countries in Africa. . They are
Benin
Cameroon
Sierra Leone
Zambia
Guinea
Tchad
Coté d'Ivoire
Ghana
Tanzania
Burkina Faso
Kenya
Liberia
Senegal
Uganda
Gabon

http://www.ubagroup.com/web/group/genericpage/351

How many Banks from the above countries are operational in Nigeria? , .erm. . none zero nada. . .


ARIK AIR


African Finance Corporation.
with a $1billion dollar capitalization(with plans to raise it to $10billion)

It holds a dollar balance sheet and already has members from all over west Africa. . .
and making investments in oilfields and power plants in ghana,Telecomms and other Infrastructure in Nigeria,liberia,sierra leone,cape verde and so on
http://www.africafc.org/
Re: Nigeria’s Population May Hit 300m, Says UNIDO by paddy_lo(m): 4:02pm On Aug 04, 2010
AFC Supports Wind Power in Cape Verde
Invests in €61 million renewable energy project

Lagos, 27 July, 2010 –

The Africa Finance Corporation (AFC) has invested in the development of a landmark wind power project in Cape Verde. AFC has made a significant equity investment in Cabeolica SA, the company set up to build, own and operate the project.

This public-private partnership with the Government of Cape Verde entails the development, construction, ownership and operation of about 30 wind turbines on four islands of the archipelago. These turbines will have an installed capacity of approximately 28 megawatts.


Cape Verde has outstanding wind resources, but the country relies heavily on expensive imported fossil fuel for power generation. The wind power project will reduce that reliance substantially. Cape Verde is targeting 25 percent of national utility power generation to be provided by renewable sources by 2011, and 50 percent by 2020.

“The project is one of the larger wind power projects to be developed in Africa to date, and is one of the most prominent of its kind in the African renewable sector,” says Andrew Alli, AFC President and Chief Executive Officer.

When the project is completed, it will increase the national utility’s total installed generation capacity from 66 to 94 megawatts. The total contribution of renewable power in the country will also rise to over 25 percent. The first plant on the island of Santiago is expected to be tested and commissioned by May 2011 with all four plants scheduled to become operational by the fourth quarter of 2011.

The project has been developed by InfraCo as the lead developer, in partnership with Empresa de Electricidade e Agua (Electra SARL), Cape Verde’s national electricity and water utility, and the Government of Cape Verde as project sponsors. Other equity investors in the project include the Finnish Fund for International Cooperation (Finn Fund).

[url]http://www.africafc.org/news/item.ph, 76-9974-11df-b[/url]

Want me to keep going?. . .or are u still on some indian/chinese bullshit?. . .This is a Nigerian Investment bank on par with the IFC/ADB. . .How many African countries own such a bank. . .erm not much
Re: Nigeria’s Population May Hit 300m, Says UNIDO by paddy_lo(m): 4:07pm On Aug 04, 2010
All the manufacturing and telecoms you have mentioned are powered by asians not Nigerians .Globcom is pwered by Indians.

I dont know what u mean by powered. . u can as well say IBM is powered by indians caause thats who they hire the most,or INTEL is powered by asians

bottom line in a global world u go for the best talent anywhere u can find them . . .as cheaply as u can too

GLOBACOM is a Nigerian company,so is dangote and the rest. . .if u dont like it jump into the lagoon
Re: Nigeria’s Population May Hit 300m, Says UNIDO by olas2u: 4:08pm On Aug 04, 2010
paddy_lo:

Nigerias UBA inow open 14 countries in Africa. . They are
Benin
Cameroon
Sierra Leone
Zambia
Guinea
Tchad
Coté d'Ivoire
Ghana
Tanzania
Burkina Faso
Kenya
Liberia
Senegal
Uganda
Gabon

http://www.ubagroup.com/web/group/genericpage/351


ARIK AIR


African Finance Corporation.
with a $1billion dollar capitalization(with plans to raise it to $10billion)

It holds a dollar balance sheet and already has members from all over west Africa. . .
and making investments in oilfields and power plants in ghana,Telecomms and other Infrastructure in Nigeria,liberia,sierra leone,cape verde and so on
http://www.africafc.org/
it is not population that made U.B.A ,it is government policy that change the face of banking in Nigeria.The increease in the capital base of banks allowed banks to go abroad and increase revenue.How ever in korea we have LG,Dawoo,Brazil as petro braz,Russia as gasprom,Finland as Nokia,germany as mercedes benz,France as so many brands.India as infosys,Barti etc,singapore/singapore airlines.

What about your Airline,your shipping line ,Your post office,your railway.You need this things as poulation increase
Re: Nigeria’s Population May Hit 300m, Says UNIDO by paddy_lo(m): 4:10pm On Aug 04, 2010
Apart from the politics apparently in play, some regions of the country (advertently or inadvertently) help in worsening an already bad situation. I remember some group of people encouraging their own people to boycott the census. silly, silly, silly.

Like I said, stupidity is celebrated and rewarded in Nigeria alone.

U need to go out more cause there are ppl and politicians that actively urged that the last census be boycotted in America too

U know ignorance is universal. . .I dont know how to u it became a Nigerian only thing
Re: Nigeria’s Population May Hit 300m, Says UNIDO by desgiezd(m): 4:15pm On Aug 04, 2010
paddy_lo:

U need to go out more cause there are ppl and politicians that actively urged that the last census be boycotted in America too

U know ignorance is universal. . .I dont know how to u it became a Nigerian only thing


If population census is being boycotted in other parts of the world, I dont think we should do so. If Americans do not do a census in the next 20 years, based on the figures from their old census, they can reasonably guess what their population is and work with it but this is not possible in Nigeria because we have never had a clean, correct and un-doctored census.
Re: Nigeria’s Population May Hit 300m, Says UNIDO by tkb417(m): 4:16pm On Aug 04, 2010
The opportunities has been in existence since the very begining. Nothing has stopped anyone out there from excelling all this time. Nothing!
Pretending over and over that these opportunities are NEW DISCOVERIES does not make for much of a valid argument /point
cry cry cry cry

so if the opportunities have been there right from day 1, are you not corroborating my point?

why are the opportunities there? thats the question

the ready market!!!!!!!!!

thats what we are contesting. duh!

yeah, multi trex integrated foods

its a 9ja thing and is one of the biggest cocoa processors in Africa

powered by Nigerians
Re: Nigeria’s Population May Hit 300m, Says UNIDO by paddy_lo(m): 4:18pm On Aug 04, 2010
it is not population that made U.B.A ,it is government policy that change the face of banking in Nigeria.The increease in the capital base of banks allowed banks to go abroad and increase revenue.How ever in korea we have LG,Dawoo,Brazil as petro braz,Russia as gasprom,Finland as Nokia,germany as mercedes benz,France as so many brands.India as infosys,Barti etc,singapore/singapore airlines.


What exactly are u arguing here. .is it local(Nigerian domestic) or international demand? . .cause u are the one that brought up Nigerian based/owned international companies

Now Daewoo,Petrobraz,Gazprom and all these companies u name are heavilly influenced by GOVT in their respective countries,so again what is your point?
Russian GOVT owns a significant portion of GAZPROM,SO does the Brazilian GOVT for Petrobras. . .

What about your Airline,your shipping line ,Your post office,your railway.You need this things as poulation increase

U are making my point for me. . .as population grows the demand will grow and the smart ones will fill the demand.  .
Whether its investing in new airlines, shipping, or railways. . .The Lagos state GOVT in conjunction with Private investors is already building a new railway line in Lagos. .
It will be run by private hands after its built and its another chance to make money for smart investors
Re: Nigeria’s Population May Hit 300m, Says UNIDO by Kobojunkie: 4:22pm On Aug 04, 2010
tkb417:

cry cry cry cry
so if the opportunities have been there right from day 1, are you not corroborating my point?
why are the opportunities there? thats the question
Rubbish!! That the opportunities have been there for decades and the entrepreneurs just now taking advantage of it means it is highly likely POPULATION GROWTH had absolutely nothing to do with it. You are trying to make a connection where it is highly probable one does not exist.

tkb417:

the ready market!!!!!!!!!
thats what we are contesting. duh!
yeah, multi trex integrated foods
its a 9ja thing and is one of the biggest cocoa processors in Africa
powered by Nigerians
The 'ready market' idea is one that remains same no matter what. The market is always ready for one product or the other. it is up to the entrepreneurs to position their products in such a way as to take advantage when they are ready and the market is favorable. Has very very little to do with population growth. For one population growth does not necessary translate into growth in spending power or populace, or growth demand for particular products.
Re: Nigeria’s Population May Hit 300m, Says UNIDO by MaziUche0(m): 4:25pm On Aug 04, 2010
An increase in population could be both a blessing and a curse for a nation. I actually support an increase in the Nigerian population.

Population = Power

Countries with high populations have a huge bargaining power in this day and age. Just look at the rise of both China, India and Brazil. I am wary of depopulation as well in which Europeans like to tell developing nations to stop having children, but at the same time, they pay their citizens to have children.

I do not believe in this "Overpopulation Theory."
Re: Nigeria’s Population May Hit 300m, Says UNIDO by tkb417(m): 4:27pm On Aug 04, 2010
Kobo

why do you like to post rubbish everytime?

This is what happens when you dont read but jump into someones elses post

No one has said opportunities are coming up cos population is growing

MY POINT:
The population of Nigeria is a blessing for entrepreneurs!!!!!!

and if the population grows to a billion, it means more market

The only side argument is if the govt will be able to match the growth with infrastrutures which i addressed in my first post

na wa o
Re: Nigeria’s Population May Hit 300m, Says UNIDO by tkb417(m): 4:28pm On Aug 04, 2010
MaziUche0:

An increase in population could be both a blessing and a curse for a nation. I actually support an increase in the Nigerian population.

Population = Power

Countries with high populations have a huge bargaining power in this day and age. Just look at the rise of both China, India and Brazil. I am wary of depopulation as well in which Europeans like to tell developing nations to stop having children, but at the same time, they pay their citizens to have children.

I do not believe in this "Overpopulation Theory."
thank God for those who went to school

isnt this what we have been saying

more population - ready market

Jesus, some people cannot understand simple thing - kobo case in point
Re: Nigeria’s Population May Hit 300m, Says UNIDO by olas2u: 4:32pm On Aug 04, 2010
You need food ,We cannot feed ourselves,Nigeria imports food.
Re: Nigeria’s Population May Hit 300m, Says UNIDO by paddy_lo(m): 4:34pm On Aug 04, 2010
If population census is being boycotted in other parts of the world, I dont think we should do so. If Americans do not do a census in the next 20 years, based on the figures from their old census, they can reasonably guess what their population is and work with it but this is not possible in Nigeria because we have never had a clean, correct and un-doctored census.

U can probably extrapolate Nigerias Population from our active GSM/CDMA and other lines

Total active lines in Nigeria is 78,854,603 as at April 2010,with installed capacity at over 120million lines

with teledensity still estimated at 45 - 50%. . .it means that roughly we should have close to 150million ppl in the country

thats not counting babies and under 10s who normally dont have cell phones. . .
http://www.ncc.gov.ng/

anyway. . .The private sector will surely find a way to better estimate Nigerias true population
cause the FED GOVT will be too inept to do it right. . .

Also i expect states like Lagos to do their own census in due course,and hopefully other states follow suit
Re: Nigeria’s Population May Hit 300m, Says UNIDO by Kobojunkie: 4:34pm On Aug 04, 2010
tkb417:

Kobo
why do you like to post rubbish everytime?
This is what happens when you dont read but jump into someones elses post
No one has said opportunities are coming up cos population is growing
Anyone that read your post would immediately get the reason for my response. But it seems you are unwilling to see the problem and instead blame me for telling you your post lacks a true connection with reality.

tkb417:

MY POINT:
The population of Nigeria is a blessing for entrepreneurs!!!!!!
Nigeria from back before we got close to the 200 million mark has always been a blessing for entrepreneurs. In fact, one can make that same argument for most any other country in Africa and in the world.
tkb417:

and if the population grows to a billion, it means more market
Sure it means more market. But it could also mean less market if with growth we experience a decrease in spending power. So what good is 1 billion people if only about 1% can still afford to buy?
tkb417:

The only side argument is if the govt will be able to match the growth with infrastrutures which i addressed in my first post
na wa o
The government has been unable to match the growth so far with infrastructures. So, we should just aim for 1 billion HOPING the government will match the growth with infrastructures?

tkb417:

thank God for those who went to school

isnt this what we have been saying

more population - ready market

Jesus, some people cannot understand simple thing - kobo case in point

WOW . . . you are desperate to make a point on this, aren't you?

The guy tells you it can be a blessing and a curse and he wary of depopulation, then he goes to tell you of how he does not believe in the theory of overpopulation. . . and you think that makes a point how?
Re: Nigeria’s Population May Hit 300m, Says UNIDO by becomrich3: 4:35pm On Aug 04, 2010
another story from nigeria newspaper. I have google it and I cant find it anywhere else.
Re: Nigeria’s Population May Hit 300m, Says UNIDO by MaziUche0(m): 4:35pm On Aug 04, 2010
olas2u:

You need food ,We cannot feed ourselves,Nigeria imports food.

Nigeria could actually feed itself if it stops it reliance on the oil sector and start investing in the agricultural sector. We have enough arable land to not only feed ourself, but also export food to other nations. We just simply need to get our priority straight.
Re: Nigeria’s Population May Hit 300m, Says UNIDO by tkb417(m): 4:36pm On Aug 04, 2010
olas2u:

You need food ,We cannot feed ourselves,Nigeria imports food.
No other country in Africa can boast of agricultural produce as Nigeria - FACT!!!!!
Re: Nigeria’s Population May Hit 300m, Says UNIDO by tkb417(m): 4:37pm On Aug 04, 2010
@Kobo

if thats your argument, then it makes sense
Re: Nigeria’s Population May Hit 300m, Says UNIDO by MaziUche0(m): 4:38pm On Aug 04, 2010
padddy lo brings up an interesting point, if states do their own census, I think we would have a more accurate population count. However, I still feel that certain states would inflate their numbers. Or maybe we could have an independent group coordinate our census, since in Nigeria, numbers matter.

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