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How South East Lost Out In $93b Foreign Investments - Politics (4) - Nairaland

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Re: How South East Lost Out In $93b Foreign Investments by Simplyleo: 5:07pm On Aug 12, 2020
Chimookigwe:
Looking at the comments on this thread, I see why the South East has nothing to show.

25% of Igbos are blaming others, 20% are living in denial, 5% are sensible enough to shut up and the remaining 50% are busy hawking gala at Ojuelegba. They would be back in the evening to insult "Tilumbu".

10 Likes

Re: How South East Lost Out In $93b Foreign Investments by TheSparrow: 5:08pm On Aug 12, 2020
There are several businesses you can start and run profitably in Nigeria. Below are four that readily comes to mind:

1. Rice Milling: One of the best businesses one can venture into in Nigeria today is parboiled rice production (Rice Milling).

Nigerians currently consume over 5 million metric tons, which is equivalent to over 100 million 50Kg bags of rice annually. With the current population growth rate of Nigeria, the consumption of rice is estimated to reach about 35 million metric tons (700 million 50Kg bags) by the year 2050.

There is high demand for rice in Nigeria. With a population of over 180 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large and growing market for rice.

As it stands, the current producers of good quality rice in the country cannot even meet up to 50% of the current demand. This is the reason why the market is flooded with poorly produced and low quality rice.

New entrants into the rice milling industry that can produce good quality parboiled rice will have an evergreen market waiting to be sold to.

2. Drinking Water Production: Another good business that does very well in Nigeria is drinking water production (Bottled water and Sachet Water).


The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically produced and well packaged food products like bottled water.

The market for packaged water is high and cut across all parts of the country. With a population of over one hundred and eighty million (180,000,000) people, and an estimated national population growth is 5.7% per annum, Nigeria has a large and sustainable market for packaged water.

3. Poultry Farming: Poultry farming is yet another business that gives good returns on investment.


Poultry farming has risen to become one of the most lucrative businesses in Nigeria today. This aspect of livestock farming, if set-up and managed properly, provides legitimate continuous income for entrepreneurs within a short period of time. There are over 160 million consumers in Nigeria and over one billion in Africa. This provides a large, growing and sustainable market for poultry farmers in Nigeria, and Africa in general.

4. Pounded Yam Flour Production: Pounded yam flour is another product that you can chose the invest in its production.


Pounded yam is a popular delicacy produced from boiled yam tubers, and is consumed by many people across Africa. However, a lot of people, especially the middle class find it difficult to prepare pounded yam the traditional way which involves boiling yam, pounding it in a mortar using a piston, until it becomes a succulent dough.

The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically processed, easy to prepare and well packaged food products like yam flour.

You can read more about these businesses via the links below:

1. Rice Milling Business In Nigeria


2. Bottled Water Production In Nigeria

3. Starting A Poultry Farming Business In Nigeria

4. Pounded Yam flour production in nigeria


Wishing you all the best in your quest.

5 Likes 3 Shares

Re: How South East Lost Out In $93b Foreign Investments by okpukpu(m): 5:11pm On Aug 12, 2020
How can South East perform well in FDI when federal government itself is so harsh to the region. Theres nothing that brings other Nigerian to the east. The only federal presence in the east is Prison. Still on still, i blame our leaders.

5 Likes 1 Share

Re: How South East Lost Out In $93b Foreign Investments by QuotaSystem: 5:12pm On Aug 12, 2020
Omoluabi16:

Lagos is COMMERCIAL CAPITAL.. yet has no 'enabling environment'
Lagos attract investment because of her status ......And ogun state is a beneficiary because of close proximity

You ended up saying nothing but contradicting yourself.

cheesy

You guys really need to lower your expectations from these chest drumming people.

10 Likes

Re: How South East Lost Out In $93b Foreign Investments by Olatomiwami(m): 5:12pm On Aug 12, 2020
BlowYourMind:
South East don't need investment, investment cannot bring as much money drug trafficking, scamming and swindling will bring



Yeeeeee, they are coming for u, chanting Afonja, as if we are the one that looted their region dry, or we are ikpeazu that exchange their destiny with kerosene.

6 Likes

Re: How South East Lost Out In $93b Foreign Investments by SmartPolician: 5:15pm On Aug 12, 2020
Sammy07:

I love Igbos but don't like IPOB cool

Akuko

While all Igbos are not IPOB members, we Igbos understand that they fight for overall good of the tribe.

1 Like

Re: How South East Lost Out In $93b Foreign Investments by obyrich(m): 5:19pm On Aug 12, 2020
Maduawuchukwu:
From this article, even the North west attracted lesser investments than the Soutj East. Most of the investments coming into Nigeria ends up in the Lagos/Ogun axis. This is because of the Status of Lagos as Nigera's commercial capital and not as a result of any enabling environment put in place by the state governments. Lagos does not have an enabling environment for business. Look at how the LASG destroyed Gokada's business and is on track to hamper the operations of Uber and Bolt. Did the actions of the state Governement reflect one that consciously puts in place good government policies? Do all the harassment from touts and endless gridlocks reflect a government that is serious about promoting investments? Lagos attracts investment because of their status and not because of any State government policy. Ogun state is merely a beneficiary of proximity to Lagos.
Don't mind them. Ask anybody who is into diesel supply to telecom base stations in Nigeria, you must make extra provision for Omonile/area boys charges for each site you visit else no show. But no where in the South East do you have such nuisance. All investment coming to Nigeria lands in Lagos first before trickling down

5 Likes 1 Share

Re: How South East Lost Out In $93b Foreign Investments by Sammy07: 5:19pm On Aug 12, 2020
SmartPolician:


Akuko

While all Igbos are not IPOB members, we Igbos understand that they fight for overall good of the tribe.

Obuko
While Igbos are minding their business all over Nigeria no time for biafra or Death grin

8 Likes

Re: How South East Lost Out In $93b Foreign Investments by Kestolove(m): 5:21pm On Aug 12, 2020
See wetin nnamdi kanu ND ipob cause
Re: How South East Lost Out In $93b Foreign Investments by Angelfrost(m): 5:23pm On Aug 12, 2020
I honestly don't get what the fuss of our Eastern people here is all about... Who doesn't know South East is behind in terms of foreign investments??! Is that supposed to be hidden knowledge??!...

When your region continues to condole poor leadership for so many years, what did you all expect??! When good roads, and simple basic infrastructure continue to be rocket science, how exactly do you expect to attract top businesses.

Come to even think of it, how many Easterners are actually willing to invest in their home states??!... There are far more Igbo big business owners setting up businesses far from the East than there are Westerners and Northerners doing such far from home!!!

I have said before, will keep saying it... IPOB, Ohaneze, APGA, etc, have got to call a conference, sit their 'wandering' asses down at a round table, and have a word with themselves! Other regions have left you people behind, and it isn't merely because you don't have one of your people in Aso Rock.

As the Good Book clearly states: "His lord said unto him, Well done, good and faithful servant; thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord." (Matt. 25:23)

The entire Igbo nation has what it takes to transform their states and communities into the classic developmental hub that will be envied by all, and pull nations down there in droves to do business... They should join hands and start, instead of constantly pointing fingers, sharing blames, while ironically and paradoxically developing other regions.

8 Likes

Re: How South East Lost Out In $93b Foreign Investments by nnamdi640: 5:25pm On Aug 12, 2020
BeLookingIDIOT:
The SW always first and SE always last in everything positive
You are first yet your fellow Omoluabis are walking from busstop to busstop shouting 'Owo mi da' as if they gave someone their money to keep for them....
Again in education we are never the last.
Re: How South East Lost Out In $93b Foreign Investments by maestroferddi: 5:26pm On Aug 12, 2020
kettykin:
Audio FDI.the problem with this statistics is the only checked foreign investment inflow and not internal investment inflow
The NBS under Yemi Kale has one singular goal: to paint everything Igbo/South East in a negative light.

Pata pata na 3 more years....

1 Like

Re: How South East Lost Out In $93b Foreign Investments by jurgyvideos: 5:27pm On Aug 12, 2020
Okay
Re: How South East Lost Out In $93b Foreign Investments by Iceberg3: 5:28pm On Aug 12, 2020
IvarTheBoneless:


Your mum still enjoys me. tongue

He pain u sotay you go change moniker grin
What a
HotoroMENTAL BAAAHAHAHAHAHAAAHAHAA. grin
Re: How South East Lost Out In $93b Foreign Investments by Chimookigwe: 5:31pm On Aug 12, 2020
PigTormentor:

What? Is this true?

It is very true.

4 Likes

Re: How South East Lost Out In $93b Foreign Investments by maestroferddi: 5:31pm On Aug 12, 2020
Angelfrost:
I honestly don't get what the fuss of our Eastern people here is all about... Who doesn't know South East is behind in terms of foreign investments??! Is that supposed to be hidden knowledge??!...

When your region continues to condole poor leadership for so many years, what did you all expect??! When good roads, and simple basic infrastructure continue to be rocket science, how exactly do you expect to attract top businesses.

Come to even think of it, how many Easterners are actually willing to invest in their home states??!... There are far more Igbo big business owners setting up businesses far from the East than there are Westerners and Northerners doing such far from home!!!

I have said before, will keep saying it... IPOB, Ohaneze, APGA, etc, have got to call a conference, sit their 'wandering' asses down at a round table, and have a word with themselves! Other regions have left you people behind, and it isn't merely because you don't have one of your people in Aso Rock.

As the Good Book clearly states: "His lord said unto him, Well done, good and faithful servant; thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord." (Matt. 25:23)

The entire Igbo nation has what it takes to transform their states and communities into the classic developmental hub that will be envied by all, and pull nations down there in droves to do business... They should join hands and start, instead of constantly pointing fingers, sharing blames, while ironically and paradoxically developing other regions.
How will you know what is happening elsewhere when your world begins with Ogbomosho and ends at Agege?

Go to Onitsha, Owerri and Abakaliki and see industrialization springing up like kilode despite the satanic marginalization of the region...

No right-thinking Igboman takes lazy Nigerian journalism seriously.

1 Like

Re: How South East Lost Out In $93b Foreign Investments by YADNUS11: 5:31pm On Aug 12, 2020
This is how Southeast will achieve Biafra. Igbos are the problem of themselves
Re: How South East Lost Out In $93b Foreign Investments by OROSUNBOLB(m): 5:33pm On Aug 12, 2020
gwafaeziokwu:
grin grin

See love. Yoruba youths have finally lost it. So foreign investment is the new gold?

Wow!!

Ndigbo biko, never leave your indigenous economic model and start listening to these people who love owambe more than anything. We are not cut from the same stock abeg. Leave us with our economic model. You like the easy way out, while we like to work it out! While one enslaves you forever, the other make you eternal boss!

Few years ago ,you guys laughed at our apprentice model as if we pooed on our trousers, today it is been studied in major universities in the world. Ndiigbo and their future generations has locked down wealth through it.

Today, it's FDI. You guys don't get it. WE ARE THE FU**ING DIRECT INVESTMENT FOR CHRIST SAKE.
Our wealth is spread out to all nations of the world. All we need do is to bring it back. That is our drive. Aku luo uno!! Let our wealth reach home and we are fine.

See this mugus.

You have taken it personal already ! The report was not intended to ridicule or embarrass any region or people rather,to highlight some of the obstacles to FDI with a view to addressing it. So why taking it so personal ? Come to think of it,what makes you think that S E or Igbo will lead if local investments report is generated and published ? Aliko Dangote is not an Igbo man after all so what's the noise about ?

Chill man and stop seeing everything as competition through your myopic tribal lens; it's petty !

3 Likes

Re: How South East Lost Out In $93b Foreign Investments by Jman24(m): 5:35pm On Aug 12, 2020
Omoluabi16:

Lagos is COMMERCIAL CAPITAL.. yet has no 'enabling environment'
Lagos attract investment because of her status ......And ogun state is a beneficiary because of close proximity



You ended up saying nothing but contradicting yourself.




So can we safely say it is the powers that be that let the status quo remain?
Anytime I find a reason to doubt marginalization of South east region, some funny article give me another reason to rethink.



Blacks are their own problem!
Re: How South East Lost Out In $93b Foreign Investments by rdokoye: 5:38pm On Aug 12, 2020
totit:


Lool
A local investor? Well, I will not just provide one but more ;

https://www.nairaland.com/4110844/real-developers-lagos-top-30

Also, below is AmenEstate owned by a yoruba man.

There you have it, the ' a local investor ' lool grin

I said in the other 5 Yoruba states. Show me the equivalent. Everyone invests in Lagos, how big is Dangote's investment? Billions.

1 Like

Re: How South East Lost Out In $93b Foreign Investments by rdokoye: 5:39pm On Aug 12, 2020
PigTormentor:
Ok

All these analysis missed the real reason for lack of investment in the SE. Most Igbos with means to purchase these goods don't even live in the SE hence low return on investment. They mostly live in the SW and the North hence money will always go to where their is a good ROI. End of story.

The study isn't on investments, it's on FOREIGN investments. Non-Nigerians investing in Nigeria.
Re: How South East Lost Out In $93b Foreign Investments by sparko1(m): 5:41pm On Aug 12, 2020
nedu666:
South east had the least investment at 203 million dollars. North west had 29 million dollars, north east had 39 million dollars. Yet the south east is least according to the article. Wonderful

Growth! How hard is that? Growth over the specified years.
Re: How South East Lost Out In $93b Foreign Investments by Nobody: 5:41pm On Aug 12, 2020
All the efforts of M.I Okpara and Sam Mbakwe were destroyed by successive South East Politicians.

Aba was the most industrialized in the region, companies like IEA, Unilever, Aba textile Mills, International Glass Industry, Nigerian Breweries had either left before temporarily or permanently shut down.

Guineas and Paterson Zochonis (PZ Cussons) are on the brink of leaving.

No access road to take out their products.

Fools have been in power since and one is already campaigning for Presidency.

Chineke ga ata ha nile mekashiri Aba ezigbo ahuhu.

7 Likes

Re: How South East Lost Out In $93b Foreign Investments by NaMeAboki: 5:43pm On Aug 12, 2020
Let's see if they can blame Buhari for this.

Anyway, who would to risk his investment in a region that thrives on hate?

1 Like

Re: How South East Lost Out In $93b Foreign Investments by Jman24(m): 5:44pm On Aug 12, 2020
South east poor
South east need help , south east small in land mass, south east big but the big part is a jungle, south east kidnappers, same southeast not utilizing the peace in the region


Who did this to black people?
Re: How South East Lost Out In $93b Foreign Investments by rdokoye: 5:46pm On Aug 12, 2020
kristmalachy:
Southwest $81,808,183,342.05 (87.70%wink; South-South, $470,688,204.67 (0.50%); North Central, $10,732,800,098.87 (11.51%); North east, $ 39,414,980.00 (0.04%); and Northwest, $29,959,790 (0.03%).
[/b]South east, $203,898,690 million and representing just less than one percent (0.22%)
Don't understand why pointing at southeast only

[b]Anambra Attracts $4 Billion Investments in Two Years


The Governor Willie Obiano-led administration in Anambra State, says it has attracted over $4 billion investments into the State in two years.

Obiano, who revealed this at the award ceremony to round-off the silver jubilee celebration of the State (Anambra at 25), affirmed that his administration is intensely focused on driving his economic blueprint, through the four pillars of development, aimed at positioning the State for an uncommon economic growth.

The four pillars of development are, agriculture, industrialisation, trade and commerce and oil and gas.

He stated that his administration has so far, successfully placed Anambra State on the agricultural map of Nigeria, which is the number one pillar of his blueprint, saying that they would soon begin to make the same impact with industrialisation, trade and commerce and oil and gas, which make up the remaining pillars of his blueprint.

According to him, the four pillars of development hold the key to the future of Anambra State.

However, in order to add to the overall economic drive of the State, Obiano explained that his administration, has also adopted a new development strategy, known as the “Anambra Economic Transformation Programme” (AET-P), to enhance the integrated development of the State.

This strategy according to him, was developed to match the State’s new public sector efficiency with the growing interest of the private sector in order to achieve a set of clearly established goals.

These goals include, jumpstarting the immediate operations of the Onitsha Inland River Port, to serve as a catalyst to the State’s domestic economy, upgrading the Enugu-Onitsha Expressway into a world class highway with ultramodern ancillary services that will boost the State’s internally generated revenue (IGR).

Diversifying the State’s economy, by tapping the huge agricultural potentials of Anambra River Basin and finally, accelerating the construction and subsequent operations of the proposed international cargo and fuelling airport in Umueri.

He expressed confidence that the four pillars of development, would change the State’s economic landscape in the next 25 years and bring the people to a vantage position to drive development in West Africa and beyond.

Obianor, described Anambra people, as one of the best in the country, who have contributed immensely to the development of Nigeria.

He observed that Anambra indigenes are industrious and have supported Nigeria’s growth, noting that the award was instituted to honour indigenes of the State that merited it, irrespective of political, religious or traditional affiliations.

He urged the people of the State to join hands with his administration to bring the hopes and wishes of the people to fulfillment.

“I urge you to bring your dreams home, I urge you to bring your naira and dollar home. Though we have only 4,844 square meters of land, Anambra State is big enough for everyone, no matter the size of our dreams”.

That was in 2015 to 2016.
Re: How South East Lost Out In $93b Foreign Investments by mmsen: 5:47pm On Aug 12, 2020
Coldie:
I so much hate our Eastern leaders. No wonder it seems Eastern youths have no respect for them.


I wonder the kind of leaders that will be Happy that year in year out thousands of their youths are leaving their region to other regionz and they are ok with it

Are the eastern leaders any different from the eastern youth?

1 Like

Re: How South East Lost Out In $93b Foreign Investments by totit: 5:48pm On Aug 12, 2020
rdokoye:


I said in the other 5 Yoruba states. Show me the equivalent. Everyone invests in Lagos, how big is Dangote's investment? Billions.

I guess you didn't understand the words ' local investor ' lool grin


You may as well check the real estate built by Oyedepo....its almost the size of the whole abakaliki grin

8 Likes

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