Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,101 members, 7,821,804 topics. Date: Wednesday, 08 May 2024 at 06:51 PM

Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? - Politics (18) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? (57026 Views)

Buhari’s Plans For Niger Delta, Militants — Osinbajo / Now That Crude Is Gradually Becoming Worthless, What Is Next For SE Nigeria? / Senate To Suspend Two Senators Sworn In for Niger South (2) (3) (4)

(1) (2) (3) ... (15) (16) (17) (18) (19) (20) (Reply) (Go Down)

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by udeh3(m): 11:12pm On Dec 30, 2015
Tell me, what made the Niger Deltians lazy? How many persons are been paid compensations? For your information, Niger Deltians are strong and couragous people, despite the fact that they've been neglected for decades, they're still in charge of 'Real Agriculture...' Findout about the biggest oil palm's Farms in Nigeria and their locations. Even with the environmental decade, we still Farm, Fish... The best water melon and cocumba presently in Nigeria are cultivated in the Niger Delta.

The Niger Deltians are also leading in terms of Rubber Plantations, Vegetables, etc... We are never lazy like the others...

How many Niger Deltians Owns Oil blocks? Between the Niger Deltians and the others, who depends on the oil most?

Take the statistics of those that even depends on the oil, they are even the northerners and the westerners. They're all there in Chevron, Shell, NNPC and the rest of them.

Checkout the IGR of all the states, apart from Lagos, Rivers, Delta and Akwa Ibom are still the highest

Point of correction, Niger Delta is not under-developed according to the trend... Niger Delta is the most developed region in Nigeria

We are not lazy, we are hardworking, strong and couragous people... We are Niger Deltian!

2 Likes

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by uckennety(m): 11:21pm On Dec 30, 2015
TonyeBarcanista:

No INCH of Rivers state is Igbo! Get used to it or Go and "you know the rest"


PS: You are NOT from Rivers state. I've seen lots of impostors already!




Bye-byeeeeeeeeeeee grin
Am frm emuoha am ibo idiot

4 Likes

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 11:27pm On Dec 30, 2015
kayfra:


Why do you think Lekki Free Trade zone is being built or the Lagos State Deep Sea Port #4 or Eko Atlantic or the 600,000 BPD Dangote refinery?

Lagos State has vision and foresight with the economy rivaled only with countries. As long as it has a huge population all Lagos has to do is execute on going projects.

Same can be said for Kano. The people that will feel the impact are businesses and regions that are solely based on importation of finished goods. With the dollar rationalization and import limits, they will have to look elsewhere.
i believe that lagos can scale tru this crisis.every ingredient necessary is their and for all their faults,the have great leaders. lagos is a great asset to the southwest region.kano can scale tru by virtue of its unassailable position north but just bearly. ss states like akwa ibiom er great tourist sites the can achieve things but without big and small scale industrial clusters,the need to tighten up their belts.the south east states of anambra(onitsha ,nnewi etc) and abia(aba,obingwa,osisioma etc)has this adaptability also possessed by lagos. The would do just fine.Am based east and being igbo,my assessment might be partial but am open to valid corrections
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by udeh3(m): 11:30pm On Dec 30, 2015
ELGREF:
[quot. Lagos state can feed south west without oil and kano state can feed his region without oil....I have been there....but Abuja I can't say....but to be sincere to our self ss suppose great as Dubai, upon 13% Allocation,NDDC,ministry of Niger delter..... That place can't afford standard road network, avoidable Housing unit, world class university, world class hospital, big farm settlement, industrial,their governors can sponsor as much as able youth to become international expatriate like isreal, India, China.....they can use available money to turn that region to Dubai.....lord I declare common sense to that region for in Jesus name I pray

Please findout very well... We are here to educate ourselves. Lagos will be the most affected state if oil drops. All the Hear Offices of these Oil Companies are located in Lagos, It's just the rigs that are located in the ND.

Lagos IGR is massively from those oil firms and It will amaze you to note that no head offices of these oil companies are located in the ND
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 11:35pm On Dec 30, 2015
jstbeinhonest:



Right now the SS is more developed than the SE.
structurally yes.it isn't open to debate but industrially NO
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 11:43pm On Dec 30, 2015
This should be retitled, " Now that crude oil is becoming worthless, what is next for Nigeria?"

1 Like

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 11:50pm On Dec 30, 2015
omonnakoda:
That is your own perception.You folk alway delude yourselves you are better than everyone else.
Are you more of a hustler than the Fulani who walks from Sokoto to PH with his cows facing hostile humans and beasts on the way? Leave that self indulgent Ibo tale for your village entertainment. Everyone hustles in the way that they have aptitude for. The fact of the matter is the greatest economic activity in Nigeria today more than oil or anything else is agriculture. That is an indisputable fact. Now what do Ibos contribute to agriculture in Nigeria? Instead you continue making empty boasts about how Onitsha market is the largest in the Milky Wayand the US Army buys drones there.

Once again Agriculture accounts for more than 70% of Nigerian economy .What is the Ibo contribution?
your statement is an injustice to ebony state.Quite true that every one hustles according to his own methods but brother their is a way to such methods.for instance,the yeroba man identified the essence of the internet to retailing hence,the advent of jumia & co.
the igbo man realised his large and unspecialised maekets in aba and nnewi would one day fade off hence,the mall and specialised clusters revolution in those states -that my bro is effective hustling and that is what others should do.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 11:50pm On Dec 30, 2015
omonnakoda:
That is your own perception.You folk alway delude yourselves you are better than everyone else.
Are you more of a hustler than the Fulani who walks from Sokoto to PH with his cows facing hostile humans and beasts on the way? Leave that self indulgent Ibo tale for your village entertainment. Everyone hustles in the way that they have aptitude for. The fact of the matter is the greatest economic activity in Nigeria today more than oil or anything else is agriculture. That is an indisputable fact. Now what do Ibos contribute to agriculture in Nigeria? Instead you continue making empty boasts about how Onitsha market is the largest in the Milky Wayand the US Army buys drones there.

Once again Agriculture accounts for more than 70% of Nigerian economy .What is the Ibo contribution?
your statement is an injustice to ebony state.Quite true that every one hustles according to his own methods but brother their is a way to such methods.for instance,the yeroba man identified the essence of the internet to retailing hence,the advent of jumia & co.
the igbo man realised his large and unspecialised maekets in aba and nnewi would one day fade off hence,the mall and specialised clusters revolution in those states -that my bro is effective hustling .

1 Like

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by fizzy94(m): 11:50pm On Dec 30, 2015
MrAnalyst:


I think you got his perspective wrong. He's saying that: In the absence of crude oil revenue supporting some states. how will these states generate their own income to help themselves.
I think you got his perspective wrong too. He's trying to say that: Before the discovery of oil, kano was fending for itself through agriculture, look up the massive groundnut pyramid that was set up there in the 60s and find out.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by zuchyblink(m): 11:57pm On Dec 30, 2015
as a south easterner i have come to realise that
south east wouldnt have much problem even
oil sales completely seizes reason been that
even at now Enugu and Ebonyi receive one of
the lowest allocations yet both states fall within the first 10 states with the highest IGR as
of 2014 report..
lets go this way going state by state:
EBONYI:This state has a very large expanse of
land for rice production....infact almost all LGAs
in Ebonyi produce rice and there is now a machine for polishing,destoning and bagging of
the rice.
Also Ebonyi is richly blessed with solid minerals
and precious stones and those who know
Ebonyi well see quarry sites crushing the stones
which many states come to buy which also generates one of the highest revenue
also Ebonyi houses NKALAGU CEMENT factory
which is the largest of its size in west Africa and
by the time IBETO starts production u will know
how things will turn out.
ENUGU:Enugu is undoubtedly the most developed and best eastern city...its coal can be
employed to generate electricity for the
region...too it can also serve as tourist attraction
for foreigners
ANAMBRA:Anambra hosts the largest market in
West Africa(in onitsha)..the business activity going on there and the number of industries is
sufficient to turn things around
NNEWI with its innoson motors now
manufactures indigenous cars of which most of
the refuse dump lorries used in Enugu
metropolis are from innoson and several other distrubutions.
ABIA:Of course the almighty ABA wi its SMEs are
already dominating west African markets with
its aba made shoes and bags and the region will
be uplifted
IMO:Imo been the seat of academics in southeast takes the lead as the Nigerian state
with the highest number of federal civil
servants..it also has gas reserves and deposits
just like Abia and Anambra
shalom!

2 Likes

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by MrAnalyst: 12:03am On Dec 31, 2015
fizzy94:

I think you got his perspective wrong too. He's trying to say that: Before the discovery of oil, kano was fending for itself through agriculture, look up the massive groundnut pyramid that was set up there in the 60s and find out.

Hmm. Groudnut pyramids again. Okay. Noted.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by kayfra: 12:08am On Dec 31, 2015
eduj:

i believe that lagos can scale tru this crisis.every ingredient necessary is their and for all their faults,the have great leaders. lagos is a great asset to the southwest region.kano can scale tru by virtue of its unassailable position north but just bearly. ss states like akwa ibiom er great tourist sites the can achieve things but without big and small scale industrial clusters,the need to tighten up their belts.the south east states of anambra(onitsha ,nnewi etc) and abia(aba,obingwa,osisioma etc)has this adaptability also possessed by lagos. The would do just fine.Am based east and being igbo,my assessment might be partial but am open to valid corrections

Abia and Anambra have the population and industry to scale through for sure. Enugu will be shaky but definitely not as exposed as Osun. Lol.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 12:12am On Dec 31, 2015
abduljabbar4:


It seems like something is wrong with you. Can you tell me more about una "industrialization"?

Why didnt you build niger bridge instead of disturbing the government that you dont need? Why did you disturb the government that you dont need about sea ports? I dont want to go deeper
actually the southeastern states had come together to build facilities such as the imo airport which was promptly taken over by the millitary govt.if we are to provide this basic things for ourselves on what grounds then, does the federal govt stand on to ask those states to pay taxes?
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by intergral(m): 12:13am On Dec 31, 2015
CSTR2:
The SS in the years to come may constitute the greatest burden on the Nigerian state even more than the north-east.
So much resources plundered. so much wealth wasted, Functional ecosystem of both flora and fauna destroyed, and poverty and illiteracy rising.
Nigeria is a wicked country. angry
are you realy upto tune? go back and check the contributions of the northeast to nigeria's economy.... even better than north central..... people from the Northeast are never lazy!!!
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by HXoritz(m): 12:14am On Dec 31, 2015
Let me sound this as a correction to who it may concern...as a NDeltan i have come to an understanding that the so-called oil revenue is not evenly ditributed amongst the NDeltans rather some states who have little or no source of revenue are being funded by the revenues derived from the oils in niger delta...moreover ND is still also rich in Farming(garri,akpo,egusi,flour e.t.c) fishing, tourist site and some big industries like petrochemical industry, water company and some other small scale businesses if some together can keep an average ND growing...it may surprise you to know that revenues can even be generated from other sources and we will never die of hunger...Lockup ND still get level till the end of the world...I greet all the Wafarians in the house...Wafcity is where I emerge...and now thats whats up
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 12:19am On Dec 31, 2015
omonnakoda:
Ask you grand mother why they broke the law and also tried to attack Lagos. ask her why they killed Akintola and others and ask them why they plundered banks in Benin and tried to steal territories across Eastern Nigeria. You must ALWAYS do things with due process not act on impulse like children. When you break away into Biafra we will give you conditions whiich you must adhere to number one of which is it must be a demilitarized zone. Biafra will not be allowed to have any kind of military or enter any military treaties since you have proven in the past to be untrustworthy. Once we have all other legal arrangements in place you can be on your way
i assume you know that does gentlemen u referred to as an igbo mans ancestor where mostly from-oh wait !-delta north(niger delta)whom you claim are not igbo and accused us of grabbing their land?.
i hope u knw that gowon not ojukwu broke the aburi accord?
bro if ignorance was a crime,ur punishment would be capital
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 12:55am On Dec 31, 2015
kayfra:


You have Google for such information.

But even in terms of processing raw materials into finished goods and not just mere rebadging Chinese goods. Lafarge, British American Tobacco, Nestlé, Procter and Gamble, Assometals, May and Baker, Intercontinental distillers, etc etc. All these are huge multinationals. Again I'll refer you to a search engine.

But let me hint on a little secret why SW seems to attract huge industries. Well we've been organized as city states for centuries so the economic strength of our population centers are huge and massive. Which makes it a no brainer for any investment decision. Even stuff you produce in Aba will get traded in SW and you know the profit center is typically the difference between retail and wholesale.
Essentially what you "manufacture" in Aba only generates little income for SE since the margins will be made in the SW due to trading. So while some people manufacture stuff, the real money is in the service industry shortly followed by trading.
SW advantage of having huge educated population centers will always ensure its economy activities is higher than most areas. We attract investors and traders like flies to shit.

It's not accidental that Financial Times called Ibadan one of the next big african cities to watch. Just hope they get rid of that Adedibu mediocre legacy.

http://blogs.ft.com/beyond-brics/2012/03/14/africa-10-cities-to-watch/

Got that?
let me clear something here .The term aba is being abused.what most of you guys call aba are actually the better part of four lga in abia state namely aba north,aba south,osisioma and obingwa not to mention the ukwa axis where most of abia state oil wells are.their are mainly an indigenous industrial cluster at osisioma which specialise in metal work fabrication for tankers and industrial pipes,roofing sheets and aluminium products,plastics and rubber products in addition to other household accessories like soaps ,sandals etc .the most notable that i know of is udeagbara and son holdings along with tonimas which specialises in aviation and automobile fluids.osisioma also happens to host one of africas biggest mall in the ABA shopping mall and spa .obingwa host mostly multinationals like GZI,glass force,glass industries,aba malting plant etc with a wide array of locals like 7up.aba north and aba south holds its fair share such as PZ and the nigerian breweries.The also host two of west africas biggest markets in ariaria and ahia ohuru.their are smaller markets such as cemetry too.The also host one of west africas biggest collection of tailors and leather works workers.Lemme stop here The point is that even though the financial times called Ibadan "one of new cities to watch "Aba and its environs are already cities being watched and notated.By the way i would take it that you didnt mean what u said about education

3 Likes

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by mikolo80: 1:03am On Dec 31, 2015
Psylas:
They will go back to fishing, the igbos saw this coming but the ND fall our hand


the North won't give a fuc.k about them
but did they give a duck about themselves (their man was there for 5 years plus)
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by mikolo80: 1:03am On Dec 31, 2015
Psylas:
They will go back to fishing, the igbos saw this coming but the ND fall our hand


the North won't give a fuc.k about them
the water is polluted o
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 1:04am On Dec 31, 2015
Flyoruboy:


Lol. Are you minding that goat? Na only Breweries them get as 'industries' in the entire SE. Ogun state has the LARGEST DEPOSIT OF LIMESTONE (USED FOR CEMENT) in the entire country and arguably the African continent, and hosts the biggest Cement Factories as well. SE folks love getting drunk a lot -- which reflects in the rubbish they are yarning here -- hence the preponderance of Breweries all over that region grin grin grin

iiste.org/Journals/index.php/.../8090
ogun in no way has naijas largest limestone deposit
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by mikolo80: 1:05am On Dec 31, 2015
CSTR2:
The SS in the years to come may constitute the greatest burden on the Nigerian state even more than the north-east.
So much resources plundered. so much wealth wasted, Functional ecosystem of both flora and fauna destroyed, and poverty and illiteracy rising.
Nigeria is a wicked country. angry
tit for tat tinz
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by mikolo80: 1:08am On Dec 31, 2015
Tochaigh:
I'm not from Niger delta, but you all used them like rags and want to dump them now.

I won't say I feel sorry for them, it's simply karma taking its toll on them. Karma has meant investors avoid the north like plague now it's Niger delta's turn.

I won't join in on the daylight mastubation going on in this thread, but I hope Niger deltans learn some lessons, and stop being Nigeria's pompous and brainless side-chick always available for booty-calls.

Oil price will bounce back after a few years.
more like sex slave
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Panter215: 1:17am On Dec 31, 2015
Bryan37:
It's no news that only 13% of 2016 budget will be funded by the SALE of Crude

Which means that Nigeria is gradually diversifying its economy away from the Oil sector which is expected to even "nose down more". By d time Iran starts pumping their Oil into the international Market, also with d demand for cleaner energy rising day by day and d Cost becoming cheaper and cheaper, I can tell u that in d Next 20 yrs a bucket of Clean water may worth more than a bucket of toxic crude.


What will become of ND a report that has been raped by the Nigeria Government for the past 10 decade

I keep wondering if d OIL was a gift or a curse to this region which made them so Lazy, Corrupt and underdeveloped. Infact d most popular Slogan in d Niger Delta is " our oyel".

The only time ND man is considered in the scheme of things in Nigeria is compensation because of their Oil. Eg emergence of Goodluck Jonathan etc,

Now that the value is gradually diminishing and d reseRve trying, you wonder if this region has done enough or if they are prepared for the storm coming their way.

I must confess, am happy we re moving away from Oil and you are happy too but what will become of our brothers who only relevant is dependent on CRUDE

Tourism. With the type of coastline and the swamps, I see no reason why this region should lack after oil. The current problem is lack of vision from their leaders.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Adminisher: 1:38am On Dec 31, 2015
udeh3:
Tell me, what made the Niger Deltians lazy? How many persons are been paid compensations? For your information, Niger Deltians are strong and couragous people, despite the fact that they've been neglected for decades, they're still in charge of 'Real Agriculture...' Findout about the biggest oil palm's Farms in Nigeria and their locations. Even with the environmental decade, we still Farm, Fish... The best water melon and cocumba presently in Nigeria are cultivated in the Niger Delta.

The Niger Deltians are also leading in terms of Rubber Plantations, Vegetables, etc... We are never lazy like the others...

How many Niger Deltians Owns Oil blocks? Between the Niger Deltians and the others, who depends on the oil most?

Take the statistics of those that even depends on the oil, they are even the northerners and the westerners. They're all there in Chevron, Shell, NNPC and the rest of them.

Checkout the IGR of all the states, apart from Lagos, Rivers, Delta and Akwa Ibom are still the highest

Point of correction, Niger Delta is not under-developed according to the trend... Niger Delta is the most developed region in Nigeria

We are not lazy, we are hardworking, strong and couragous people... We are Niger Deltian!

I agree with most of this post. Niger Deltans are the most creative people I know . The problem is Goodluck Jonathan who have the region a bad name through corruption explosion.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by frehage: 2:03am On Dec 31, 2015
amtalkin:
Oyel that our unity

ND have to step up their game.

They were bzy playing the good boy role in Nigeria embarassed

The North won't take all of that if the oyel was theirs


How do you want them to step up their game? What steps should they take?
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 2:19am On Dec 31, 2015
A good question
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by allcomage: 4:57am On Dec 31, 2015
Litmus:


[size=18pt]Restrictive Ethiopia cuts an economic dash[/size]




"I retired at 24," says Samuel Alemayehu, as we look out over the vast, stinking rubbish mountain in the heart of Addis Ababa.

Birds shriek as they swoop down to collect items from the heaps of waste. Human scavengers, faces grey with dust, pick through the filth.

All this against the background of a modern cityscape, the skyline thick with construction cranes as the capital's building boom races on.

Samuel, who does not look much older than 24, tells me how his family went into political exile in the US when he was a child. How his father, who was an MP in Ethiopia, had to become a taxi driver.

But Samuel was exceptionally bright and ended up with a scholarship to study engineering at the prestigious Stanford University. He made his fortune in Silicon Valley while still a student.

"It was time to go home. To use my resources and knowledge to do something for my country," he said.

For all his talk of retirement, Samuel is a very busy man. He is building Africa's first waste-to-energy plant where the city's rubbish will be burned at a temperature of up to 1,800 degrees Celsius and converted into 185 million KW of electricity.

He is one of a group of dynamic entrepreneurs who are helping to usher in a new era of rapid economic growth in what was once one of the world's poorest countries and where the political system is tightly controlled.




Samuel says once the facility is operational, it will be able to supply power to more than 30% of Addis Ababa's households, no small feat in a city with a population of four million.

There is an urgent need to increase the power supply, which is currently failing to keep up with Ethiopia's rapid economic growth of more than 10% a year for the past decade.

The focus is on renewables. The most ambitious project is the Grand Ethiopian Renaissance Dam, which will be Africa's largest source of hydroelectric power.

The dam has generated much controversy because of the forced movement of people and because Egypt, which is downstream, is worried it will restrict vital water supplies.
Working conditions

After my tour of the energy facility, I visit another entrepreneur, Harsh Kothari.

Although he is Indian, Harsh is in some ways more Ethiopian than Samuel. His family has been in Ethiopia for four generations, he was born and educated in Addis Ababa, and speaks fluent Amharic.

"See that girl?" he says excitedly, as we drive past a child in her school uniform. "She is wearing my shoes.







Again and again, we pass people wearing shoes made in Harsh's factory, from bright orange flip-flops to trainers made from local leather.

The shoe factory is magical. Barrels are piled high with pigments and chemicals. Whirring, hissing machines heat and mix the plastic. Workers cut, stitch, lace, check, bag and box the shoes.

My favourite place is the invention room, occupied by a solitary Indian wearing thick glasses. He is glueing strips of different coloured rubber together and playing about with strap widths to create unique flip-flop designs.

This locally managed factory is giving the Chinese shoe factories in Ethiopia a run for their money.

I'm told the Ethiopian workers in the Chinese factories are unhappy with the more rigid working conditions and the requirement that they sing not only the Chinese national anthem every morning but the factory anthem too.
Ambitious plans

It also fits in with Ethiopia's aim for manufacturing to lead the economy in 10 years' time.

Twelve giant industrial parks are being built as part of this plan, including the "green" clothing and textile complex known as Hawasa-Eco.

Prime Minister Hailemariam Desalegn pointed out to me the potential benefits to his country of rising labour costs in China: "More manufacturing can relocate from China to Ethiopia so it's an advantage in that sense."
Ethiopia's economy:

Witnessed rapid economic growth, with GDP growth averaging 10.9% between 2004 and 2014
World Bank says this has lifted the country from being the second poorest in the world in 2000 to becoming a middle income country by 2025, if current growth trajectory continues.
80% of population of about 90 million is dependent on agriculture
GDP for 2014 was $55.61bn
Ethiopia currently experiencing worst drought in 50 years, says Save the Children
Ethiopian electricity is among the cheapest in the world, if not the cheapest
Second five-year Growth and Transformation Plan will focus on manufacturing, agricultural transformation and development of the export sector

Back in central Addis, I visit a man who could easily pass for an Ethiopian, although his surname suggests otherwise. Vincent Diop is in fact half Senegalese, half Dutch.

"I grew up here. Ethiopia is in my blood. I feel at home here. I left Holland, where I had a thriving business, to set up a similar operation here, offering services to people through their mobile phones."

Vincent is keen to take advantage of the rapid growth in mobile phone use, which increased fourfold between 2011 and 2015.

According to Ethiopia's second five-year Growth and Transformation Plan (GTP2) 90% of the population will have mobile phones by 2020.

Young staff in white shirts and brightly coloured ties dart about the cluster of buildings that make up Vincent's business.

Those in yellow ties work for the mobile payment section, those with green ones for the Ethiopian equivalent of eBay, turquoise represents the jobs section, purple is legal advice and blue is for health.
Dynamism and creativity

Although their backgrounds are so different, Samuel, Harsh and Vincent represent the part of Ethiopian life where dynamism, creativity and an adventurous spirit are allowed to thrive.

The political space is far more restrictive. Human rights groups have recently condemned what they describe as the use of lethal force against those protesting against the expansion of Addis Ababa into land they see as rightfully theirs.

Opposition party members, journalists and bloggers are frequently jailed. Even the Ethiopian government looked a little sheepish when the ruling EPRDF party and its allies won every single seat in this year's parliamentary election.



The economy is also tightly controlled, especially the banking and telecoms sectors. But growth is impressive, GDP per head has risen by close to 150% in the past decade and the government has stated Ethiopia will become a middle-income country by 2025.

I asked one of the main architects of Ethiopia's economic transformation, the minister and special adviser to the prime minister, and author of the recent book Made in Africa: Industrial Policy in Ethiopia, Dr Arkebe Oqubay, whether the country's vision is a fantasy.

"I don't have any illusion that this will be achieved," he said.

"But it requires extraordinary effort to sustain such rapid growth and transformation."

Two African countries which have undergone serious conflict in the recent past and are now doing well in terms of economic growth and lower corruption rates are Ethiopia and Rwanda.

Is it a coincidence that both, especially Rwanda, are highly disciplined and place severe restrictions on political and media freedom?
TEARS SWELL IN MY EYES.THIS IS 100% CORRECT.I JUST CAME BACK FROM THE TWO COUNTRIES RECENTLY.IT IS MAGICAL TO SEE HOW THESE COUNTRIES HAVE BEEN TRANSFORMED WITHIN A DECADE DUE TO DEDICATED LEADERS AND LESS CORRUPTION.THE WORST THING ABOUT NIGERIA IS THAT WE HAVE NOT EVEN SCRATCHED THE SURFACE.THERE IS NO HOPE THE WAY THINGS ARE GOING.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by BlackOnassis(m): 5:58am On Dec 31, 2015
TonyeBarcanista:
Niger Delta is very rich. Before crude oil we were rich in palm oil. In fact, we were called Oil Rivers(Rivers, Warri and Bayelsa states) for a reason. We have rich lland for agriculture and our waters were used for fishing. Though our land and waters have been polluted due to oil exploration. We are rich in gas with abundant gas reserve. Whether oil become worthless or not we won't suffer. We will only adjust.


Most importantly, we have access to see and can easily capitalised on it.


@OP cry not for the Niger Delta. We will do just fine!
don't mind them jare. some ppl just love gloating.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by timilinda(f): 6:18am On Dec 31, 2015
Tochaigh:
I'm not from Niger delta, but you all used them like rags and want to dump them now.

I won't say I feel sorry for them, it's simply karma taking its toll on them. Karma has meant investors avoid the north like plague now it's Niger delta's turn.

I won't join in on the daylight mastubation going on in this thread, but I hope Niger deltans learn some lessons, and stop being Nigeria's pompous and brainless side-chick always available for booty-calls.

Oil price will bounce back after a few years.



I'm nt one that types much on nairaland, bt this truth u just mentioned makes me just want to say a big "THANK YOU". I just hope that if/when oil prices boom again, d ND will be allowed full resource control then.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by jascon1(m): 6:29am On Dec 31, 2015
asorocker:
The decline of the oil industry is going to be worse on the states of Lagos and kano.

Lagos because an analysis of the igr of Lagos shows that Lagos derived it's revenue from the income tax and the income tax bulk is from the oil workers whose offices are in Lagos.
The oil and gas component of the Lagos igr is more than 40% of the igr. Income tax paid by high earning oil and gas industry executive who gross average of N5m monthly has helped Lagos


Secondly kano will be the worst hit as the only state whose take home is equivalent to the take home of niger delta states with their 13% derivative.

Kano doesn't have the human capital to generate income tax.

Third state /city is Abuja. It is said that Abuja was built with oil money, where would the money to sustain and maintain Abuja come from if not the same money from niger delta.

Some states like kwara, benue, adamawa can easily with agriculture fight the downturn of their economy, how would sokoto, yobe, jigawa whose populace don't farm and whose land is far from economic centres for export of agricultural products survive.

The next in line are the hausa cities of katsina, batching, kaduna who benefitted from the lopsided federal allocations. Now that the oil wealth is going and there is no human capital we hope they will not turn to insurgency as a means of raising attention and revenue.

The states that would enjoy and be kings in the new dispensation.

Anambra, Nigeria's brain box and commercial hub will have its non oil economy growth unequalled and unrivaled. Anambra survived with no oil allocation managed the little it had and built an enabling environment for investments.

Akwa Ibom, this state was blessed with resources and good managers who used it very well to grow infrastructure and are currently working on a sea port.

Abia this state hosts aba, Nigeria's city of enterprise and football, aba is living beyond oil already.
very biased analysis.
when I was 10, I was told my grandpa sold his goods in the Onitsha market. I visited back in 2009 and when I compared pictures of Onitsha in the 70ies to images I saw, I wept. Onitsha could have been China of Nigeria, rather China is imported to Onitsha. You called it a brainbox? What i saw was a box, then where is the brain? A federal university situated in Awka could have sprung development, but no. No tourist will spend his cash to visit Anambra. Investors are mainly indigenous people, and their manufacturing factories and head offices are in Lagos or China. So where is the brain? The market has no roads, no roofs nor standard built shops. What I saw was cubicles and litters all over the places.
Don't cry for ND. Cry for yourself. ND has rubber which was one of our major exports, the oil will be in much need till the world ends, they have agriculture, they are on the coastline, they got fishing and a sea port. Way ahead of Anambra state.
ND doesn't survive on oil, instead the oil pollutes their survival. The money don't get to the people, they hustle their way. Ever asked where the supplies Onitsha brings from China go?
Before u cough, try dredging your river and try some development.
Money to sustain Abuja? You did ask that? Is a capital and need I say more?
Don't cry for Lagos, cos u depend on it to survive. Cry for yourself.
Don't cry for kano, and other northern states cos before the oil, the north was lucrative. They hold your belly. They are very commercial in their crafts. My sorry is fory Igbo brothers who have built their empires away from home. Your investments have enriched others and raped your sustenance in the east.
If u can't see it, then hear it
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Ilovemystate: 6:39am On Dec 31, 2015
jascon1:
[s]when I was 10, I was told my grandpa sold his goods in the Onitsha market. I visited back in 2009 and when I compared pictures of early Onitsha in the 70ies to images I saw, I wept. Onitsha could have been China of Nigeria, rather China is imported to Onitsha. You called it a brainbox? What i saw was a box, then where is the brain? A federal university situated in Awka could have sprung development, but no. No tourist will spend his cash to visit Anambra. Investors are mainly indigenous people, and their manufacturing factories and head offices are in Lagos or China. So where is the brain? The market has no roads, no roofs nor standard built shops. What I saw was cubicles and litters all over the places.
Don't cry for ND. Cry for yourself. ND has rubber which was one of our major exports, the oil will be in much need till the world ends, they have agriculture, they are on the coastline, they got fishing and a sea port. Way ahead of Anambra state.
Before u cough, try dredging your river and try some development. [/s]
pictures they say speaks loader than words.
Onitsha markets

1 Like

(1) (2) (3) ... (15) (16) (17) (18) (19) (20) (Reply)

Mc Oluomo Bans Illegal Agbero Taxes In Part Of Lagos, Following Protest / Fleeing Boko Haram Terrorists Drown In Lake Chad / AIT Almost Yanked Reno Omokri Off The Air For Criticising Buhari Harshly (Video)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 164
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.