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South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn - Politics (7) - Nairaland

Nairaland Forum / Nairaland / General / Politics / South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn (10654 Views)

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Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by kayfra: 2:14am On Dec 13, 2019
abc115:
grin angry grin
I they laugh
Lowest IGR
Lowest GDP
Now Lowest Investment
grin grin grin

2 Likes 1 Share

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by enemybulldozer(m): 2:47am On Dec 13, 2019
Simplyleo:
Hmmm

So the north east with crippled economy owing to the activities of boko haram is on same contributry level with south east despite the peace?

No wonder, some human beings are always migrating from some barren regions to the fertile one. cheesy
And this is coming from an afonja Adedapo adesanya grin grin This people are known for media propaganda and lies.

People with working brains cannot believe any article written by an afonja especially when it has to do with SE.

5 Likes

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by leokid866: 3:44am On Dec 13, 2019
Deepfeel:

Cornhead grave digger human body part merchant Fulani slaves verbal warriors , shut up , we own Lagos , Lagos is our market, we built that market
Yes you built the market because everybody else was busy not been you....all hail you and your people....the pride of the east with all his money in the west....more feathers to your red-cap.

1 Like

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by leokid866: 3:49am On Dec 13, 2019
kettykings:


This is a very unintelligent attempt at hate Speech . Only 3 New Plant in the south East is worth more than the 7 Million that came to the South West , Abia Economic City is worth more than $ 400m

Please don't forget we have service here with a Unicorn running around in the form of VISA....we are not treathened by your plants....ps if you check the investor sheet for these plants you will find a lot of the money came from around Nigeria and various Nigerians not just the pockets of your brothers.
Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by leokid866: 3:54am On Dec 13, 2019
IGBOSON1:


I love this! The packaging is top-notch too! All these quality products should be exported to supermarkets in Europe and North America as well as the West African sub-region!

It should except they have strict regulation to the importation of small greens and leaves....most packaged products In nigeria especially leaves and fruits don't measure to international standards and are usually turned down....very few make it....
Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by NGpatriot: 3:57am On Dec 13, 2019
abc115:
grin angry grin
I they laugh
Lowest IGR
Lowest GDP
Now Lowest Investment


Developers don suffer..

grin grin grin

2 Likes 1 Share

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by leokid866: 3:59am On Dec 13, 2019
Anambralstson:

Beautiful Yoruba land indeed grin grin

Just look at the pristine brown roofs.....what a Lovely view to behold.....please keep helping us pull up the photographs....I usually keep them on my phone to remind me where we came from....and not to forget where we going.

1 Like 1 Share

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by leokid866: 4:26am On Dec 13, 2019
TundeBricklayer:

Otondo
State like Anambra more than 99% of the investments are indigenous with all your foreign investments non of your states outside Lagos beat Anambra State in nominal GDP
Please this is Nominal GDP....show us your real GDP....
Also where is Lagos in this list?.....Delta and Rivers can stay because they pull their Weight....but Anambra and Bayelsa got to go......

1 Like 1 Share

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by leokid866: 4:35am On Dec 13, 2019
Omoodua007:


We will be like the Japanese
Citizenship is only by blood
Do you know Ogun states budget is larger than any south east state
Do you know the entire Igbo land is smaller than Oyo state and we still have Lagos kwara kogi west ogun ondo Osun snd ekiti
All of Yoruba land is mostly border

Loooool see ehn I don see Igbo finish
They travel cause they are messed up in their home lend they don’t have adequate space and they don’t border any country

So they need to travel cause they can’t support a robust economy
They especially need Yoruba land cause unlike aboki that has showed them ruthlessness, so they don’t try it

So now they can only depend on Yorubas which the relationship is already damaged courtesy their adventures into Yoruba lagos politics
They are no longer welcomed
If only they understood "Citizenship is only by blood" others can only carry your cross for so long....in the end if you dont act right people would start considering water a better option.
Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by leokid866: 4:40am On Dec 13, 2019
ikennamadu1:
Most of the foreign investment attributed to the south west was attracted by igbo men.... Ofe mmanu people no fit attract foreign investment
Oga ....Dangote pulled in more Money yesterday than your people have in 8 years.....Not to Mention The Lebanese who have second generation Sons running business in Lagos....but they give your people a piece of the pie and all of a sudden you are pulling all the investments in Lagos....what a WaWu.
Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by horsepower101: 4:54am On Dec 13, 2019
This report is false:

Abia state just secured $430 million in foreign investment. There are other foreign investments in the south East that I read about this year. Whoever wrote this report need to be fired.


https://www.google.com/amp/s/guardian.ng/business-services/how-430m-deal-will-boost-enyimba-economic-city-others-by-ikpeazu/amp

5 Likes

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by horsepower101: 5:24am On Dec 13, 2019
Whoever wrote this report should be sacked or fired. Seplat investing $700 million this year in Imo state this year 2019.

https://www.businessamlive.com/seplats-700m-imo-gas-project-to-transform-state-assures-orjiako/

3 Likes

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Gazzy88(m): 5:33am On Dec 13, 2019
Anambralstson:

Below is beautiful Igbo land grin
Looool. I'm sure most of those houses are unoccupied because their owners live and breath in the southwest where they got the money to build those houses. Anyone that have been to your frustrated region knows that the only achievement is for you to travel to Lagos (your mini-london) but still yet you won't admit it, pretending as if no igbo man dey live for Yoruba land.

Ìbàdàn, Abẹ́òkúta, Àkúré, Osogbo and Ado-Èkìtì pack plenty igbo man full body and the question the whole world should be asking are as follows: What's chasing all of you away from your so called "prosperous" region as you always claim down to Yoruba land? Despite your "industrialized" Anambra, aba, onitsha, nnewi and few others as you've made us to believe, why does igbos young chaps abound in Ìbàdàn, Abẹ́òkúta and Lagos traffics hawking under intense heat on daily basis? Are you telling us those industries in your region can't accommodate all of them?

No matter the number of brown roofs we have in the southwest with the exception of Lagos, the whole of southeast can't match us in terms of development and innovation. We don't chestbeat, we say and do. We only accommodate you lots to fill space, don't think we are that stupid and it's part of that ploy which makes our IGR/GDP keep soaring higher. When the time comes, you will be sent packing without taking anything with you. There and then you will understand how smart Yorùbá have been in the name of "hospitality".
Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Anambralstson: 5:40am On Dec 13, 2019
leokid866:

Please this is Nominal GDP....show us your real GDP....
Also where is Lagos in this list?.....Delta and Rivers can stay because they pull their Weight....but Anambra and Bayelsa got to go......

Kindly read, it's not my data

GDP of an economy, including at State level, is a measure in monetary terms of production of all goods and services during a period. Like the compilation at the national level, State accounts statistics are based on the guidelines and recommendations set out in the System of National Accounts 2008 (SNA 2008). The System of National Accounts provides an internationally-recognised framework and a comprehensive set of concepts, definitions and classifications for national accounting. Additionally, other relevant guidelines adopted are the International Standard Industrial Classification of all Economic Activities (ISIC) as well as the Central Product Classification (CPC) system.

States GDP compilation is important and useful for various purposes. First, it provides important information to support evidence-based policymaking. It also helps to identify key drivers of economic growth in each state and assess the performance of the state economy. Further, by revealing the structure of the state economy, the contribution of each state to the national output can be determined.

Methodologically, National/State accounts describe all flows within a period between the economic units constituting the national /state economy and their stocks. As such, the States accounts can follow national accounts as long as one can clearly define and delineate a state, and its resident units in terms of institutional units, production units, consumer units within it. In short, SGDP is the sum of gross value added of all resident producer units (industries) within the economic borders of the state during a given period of time including taxes, less subsidies, on products.

The institutional units / sectors in the States include: Non-financial corporations (Flour Mills, Nestle, etc), Financial corporations (Banks, Insurance etc), State governments, Non-profit institutions serving households (NPISH) in the state, and Households. In compilation of SGDP, residence is not based on birth or legal criteria. Instead, an institutional unit is classified as resident if it has a centre of economic interest in the economic territory of a state. Certain activities cut across state boundaries, and thus their economic contribution cannot be assigned to any one state eg telecommunication, Railway line, Transportation, Banking & Insurance. Other activities like Defence, paramilitary, border security force, high sea drilling etc are kept outside the purview of the state GDP. Key data sources included in SGDP compilation include secondary/administrative data, surveys, financial statements, audited State government accounts and VAT returns, among others.

In practice, the compilation of Gross Domestic Product (GDP) estimates for sub-national units of the Federation has been a phased exercise at the National Bureau of Statistics since 2013. In the first phase, estimates for eleven (11) States – Akwa Ibom, Bayelsa, Cross River, Delta, Kaduna, Kano, Ogun, Osun, Oyo, Rivers and Zamfara – were published in October 2018, providing estimates for states GDP for the five-year period covering 2013-2017. The completion of this initial phase of the SGDP compilation exercise revealed new insights regarding the structure of sub-national economies, while also demonstrating an improvement in statistical capacity for producing both national and state accounts.

This report provides estimates for the second phase of the States GDP compilation exercise covering an additional 11 states - Anambra, Bauchi, Ebonyi, Edo, Ekiti, Gombe, Jigawa, Kogi, Niger, Ondo - and the Federal Capital Territory (FCT). Thus, the results for all 22 states are provided and analysed in this report. This is expected to inform policymakers at all levels regarding absolute and relative magnitudes of economic activities in the reporting States, even as NBS continues efforts to complete the last phase of compilation for the remaining 15 States.


Summary of Findings

i. In 2017, the nominal gross domestic product for the 22 states (for which data is currently available) stood at N63.8trillion, or 56% of Nigeria’s nominal gross domestic product in that year.

ii. By sector, the 22 states accounted for 57%, 77% and 48% of agriculture, industry and services GDP at the national level respectively. Among the 22 states, however, services sector accounted for 67%, while agriculture accounted for 22% and industry, 11%.

iii. Among the 22 states, FCT had the highest gross domestic product at N10.6 trillion, or 17% of total states GDP. This was followed by Akwa-Ibom and Rivers States, each with 8% of total states GDP.

iv. In the FCT, services accounted for 81% of GDP while industry and agriculture accounted for 18% and 10% respectively. In Akwa-Ibom, however, industry accounted for 65% while services and agriculture accounted for 19% and 16% respectively.

v. Across the 22 states, the non-oil sector represented 98% of total states GDP while the oil sector accounted for only 2%.

vi. The 6 states with the highest nominal GDP in 2017 – FCT, Akwa-Ibom, Rivers, Delta, Bayelsa, Anambra – accounted for about 50% of the total states GDP, or 27% of Nigeria’s nominal GDP.

https://nigerianstat.gov.ng/elibrary?queries[search]=GDPhttps://

www.proshareng.com/news/Nigeria%20Economy/NBS-Publishes-Additional-11-States-Nominal-GDP-From-2013-to-2017/45495

3 Likes 1 Share

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Anambralstson: 5:48am On Dec 13, 2019
[s]
Gazzy88:
Looool. I'm sure most of those houses are unoccupied because their owners live and breath in the southwest where they got the money to build those houses. Anyone that have been to your frustrated region knows that the only achievement is for you to travel to Lagos (your mini-london) but still yet you won't admit it, pretending as if no igbo man dey live for Yoruba land.

Ìbàdàn, Abẹ́òkúta, Àkúré, Osogbo and Ado-Èkìtì pack plenty igbo man full body and the question the whole world should be asking are as follows: What's chasing all of you away from your so called "prosperous" region as you always claim down to Yoruba land? Despite your "industrialized" Anambra, aba, onitsha, nnewi and few others as you've made us to believe, why does igbos young chaps abound in Ìbàdàn, Abẹ́òkúta and Lagos traffics hawking under intense heat on daily basis? Are you telling us those industries in your region can't accommodate all of them?

No matter the number of brown roofs we have in the southwest with the exception of Lagos, the whole of southeast can't match us in terms of development and innovation. We don't chestbeat, we say and do. We only accommodate you lots to fill space, don't think we are that stupid and it's part of that ploy which makes our IGR/GDP keep soaring higher. When the time comes, you will be sent packing without taking anything with you. There and then you will understand how smart Yorùbá have been in the name of "hospitality".
[/s]

Low IQ grin grin

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Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Gazzy88(m): 5:58am On Dec 13, 2019
Anambralstson:
[s][/s]

Low IQ grin grin
Must you resort to insult, mumu? And besides, why are you busy seeking for attentions when nobody even cares about whatever happens in your region. The only place the whole world recognize in Nigeria is Lagos. If you like post pictures till thy kingdom comes, you're on your own.

1 Like 2 Shares

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by horsepower101: 5:59am On Dec 13, 2019
Gazzy88:
Looool. I'm sure most of those houses are unoccupied because their owners live and breath in the southwest where they got the money to build those houses. Anyone that have been to your frustrated region knows that the only achievement is for you to travel to Lagos (your mini-london) but still yet you won't admit it, pretending as if no igbo man dey live for Yoruba land.

Ìbàdàn, Abẹ́òkúta, Àkúré, Osogbo and Ado-Èkìtì pack plenty igbo man full body and the question the whole world should be asking are as follows: What's chasing all of you away from your so called "prosperous" region as you always claim down to Yoruba land? Despite your "industrialized" Anambra, aba, onitsha, nnewi and few others as you've made us to believe, why does igbos young chaps abound in Ìbàdàn, Abẹ́òkúta and Lagos traffics hawking under intense heat on daily basis? Are you telling us those industries in your region can't accommodate all of them?

No matter the number of brown roofs we have in the southwest with the exception of Lagos, the whole of southeast can't match us in terms of development and innovation. We don't chestbeat, we say and do. We only accommodate you lots to fill space, don't think we are that stupid and it's part of that ploy which makes our IGR/GDP keep soaring higher. When the time comes, you will be sent packing without taking anything with you. There and then you will understand how smart Yorùbá have been in the name of "hospitality".

Let me ask you a straight forward question? Be sincere.

Which of these two places attract more investments (both foreign and local)?

They are both city centers of their respective cities and they were both equally regional capitals. So it’s a fair comparison

1 Like

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Anambralstson: 6:11am On Dec 13, 2019
Gazzy88:
Must you resort to insult, mumu? And besides, why are you busy seeking for attentions when nobody even cares about whatever happens in your region. The only place the whole world recognize in Nigeria is Lagos. If you like post pictures till thy kingdom comes, you're on your own.
The whole world recognized is Lagos grin grin

Lagos developments is based on all effects not Yoruba, the biggest investor in Lagos today is Fulani man, Lagos economy is being developed by all, Igbos, Lebanese, Chinese, Northerners etc that's fact, Southeast collectively control their economy unlike West that's my point, we are doing great.

4 Likes 1 Share

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Gazzy88(m): 6:27am On Dec 13, 2019
horsepower101:


Let me ask you a straight forward question? Be sincere.

Which of these two places attract more investments (both foreign and local)?

They are both city centers of their respective cities and they were both equally regional capitals. So it’s a fair comparison

Is that the whole Ìbàdàn? Have you even been to Ìbàdàn before? And is that the whole of Enugu? Even at that, Ibadan is far more industrialized than Enugu in many folds. Only Ìbàdàn alone have 2 big shoprite, how many does Enugu have? How many TV stations are there in Enugu? 6-7 TV stations in Ìbàdàn alone. Ìbàdàn is bigger than the whole of Enugu state, so what exactly is your point?
Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Gazzy88(m): 6:34am On Dec 13, 2019
Anambralstson:

The whole world recognized is Lagos grin grin

Lagos developments is based on all effects not Yoruba, the biggest investor in Lagos today is Fulani man, Lagos economy is being developed by all, Igbos, Lebanese, Chinese, Northerners etc that's fact, Southeast collectively control their economy unlike West that's my point, we are doing great.
Why you control your economy is because you've virtually burned all the bridges to attract FDI. You are more educated and exposed not to know the real worth of FDI in an economy. Almighty USA won't joke with FDI let alone your tiny region. Southwest is rich and wealthy which you know deep down. Anything coming to Nigeria, only southwest would have gotten over 85% of it while the rest share the remaining paltry. Nobody argues that you guys aren't hardworking, the only grouse everyone have with you is thinking you're doing well than everyone else when in the real sense of It you aren't. You need development in the southeast, please do admit it. Flaunting pictures online won't attract FDI at all or don't you think that even with our brown roofs, our region is the most industrialized? Think man...

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Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Anambralstson: 6:35am On Dec 13, 2019
Gazzy88:
Is that the whole Ìbàdàn? Have you even been to Ìbàdàn before? And is that the whole of Enugu? Even at that, Ibadan is far more industrialized than Enugu in many folds. Only Ìbàdàn alone have 2 big shoprite, how many does Enugu have? How many TV stations are there in Enugu? 6-7 TV stations in Ìbàdàn alone. Ìbàdàn is bigger than the whole of Enugu state, so what exactly is your point?
Use your brain it's not by size or numbers of mall, Enugu host many industries, Enugu host pollo mall, Enugu mall, Market Square and Roban host more than four outlets in Enugu metropolis

3 Likes

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Gazzy88(m): 6:39am On Dec 13, 2019
Anambralstson:

Use your brain it's not by size or numbers of mall, Enugu host many industries, Enugu host pollo mall, Enugu mall, Market Square and Roban host more than four outlets in Enugu metropolis
Shoprite is just one of many malls in Ìbàdàn. Come to Ìbàdàn starting from challenge down to ring road, dugbe, agodi, iwo road etc. Let's just stop being childish and face our business. Ìbàdàn and Enugu no be mate
Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Anambralstson: 6:50am On Dec 13, 2019
Gazzy88:
Why you control your economy is because you've virtually burned all the bridges to attract FDI. You are more educated and exposed not to know the real worth of FDI in an economy. Almighty USA won't joke with FDI let alone your tiny region. Southwest is rich and wealthy which you know deep down. Anything coming to Nigeria, only southwest would have gotten over 85% of it while the rest share the remaining paltry. Nobody argues that you guys aren't hardworking, the only grouse everyone have with you is thinking you're doing well than everyone else when in the real sense of It you aren't. You need development in the southeast, please do admit it. Flaunting pictures online won't attract FDI at all or don't you think that even with our brown roofs, our region is the most industrialized? Think man...
That's the point you don't understand, I wrote earlier eastern States might attract zero FDI but it doesn't change the fact Igbos investing more in their region, that's why they two industrial and commercial states in Southeast are among states that control 90% of cash in Nigeria, mind you I didn't add Rivers and Delta state, I would've been worried if we ranked low in FDI and also low in Economy, majority of the products being produced in West by Chinese, Indians and Lebanese companies are being produced by Igbos in the East.

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Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Anambralstson: 6:52am On Dec 13, 2019
Gazzy88:
Shoprite is just one of many malls in Ìbàdàn. Come to Ìbàdàn starting from challenge down to ring road, dugbe, agodi, iwo road etc. Let's just stop being childish and face our business. Ìbàdàn and Enugu no be mate
Your line of debate is childish sorry

4 Likes 2 Shares

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by kettykings: 6:54am On Dec 13, 2019
leokid866:


Please don't forget we have service here with a Unicorn running around in the form of VISA....we are not treathened by your plants....ps if you check the investor sheet for these plants you will find a lot of the money came from around Nigeria and various Nigerians not just the pockets of your brothers.
Ok
Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Anambralstson: 7:03am On Dec 13, 2019
What ever the Chinese, Indians and Lebanese companies are being produce in West, Igbos are producing it in East

5 Likes 1 Share

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Deepfeel(m): 7:25am On Dec 13, 2019
Omoodua007:


My dear the Yoruba individual is more successful and well off

Do you see Yoruba living as 12 in 1 house like you igbos Loool
You can see Yoruba man attracting $5bn in investment and you think you richer than him

Loool your not even richer than ijaw
The average Igbo man is a gala seller hoping to live in Yoruba land one day
Same way zik always wore Yoruba outfits till he died lol

We all know the wealth of Yoruba's belongs to 2% Yoruba billionairrs , every average Igbo business man is a millionaire with a well built house in his home town, its a thing of shame for an average Igbo man not to built a house in his home town or village, in fact an Igbo man can not marry unless he builts a house in his home town or village,
you Afonjas get married early have 4 to 5 kids live on 30'00 minimum wage salary, in rented houses in your own land, its hard to see and Igbo man living in a rented house in his own land built by outsiders like you afonjas,


If foreigners invest $5 billion in Yoruba land does that makes a Yoruba man rich or the investors Rich? Dangote is the richest man in Africa with investments everywhere does that make Hausa people rich? Nigerian wealth comes from Niger Delta ijaw lands ogoni lands , are this people not suffering in their lands with no pure water to drink?

3 Likes

Re: South East, North East Attract $0 Into Nigeria In Q3, South West Rakes $5bn by Cherez: 7:33am On Dec 13, 2019
NGpatriot:



What is this one talking about?

Abeg face topic.


Lol
The koko be say, you're boasting of foreign investments while you ain't personally contributing anything to the economy.

4 Likes

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