Omo, I dont think I have seen yiebos hero-worship anyone as much as they are currently doing to Saraki (with the exception of maybe Nnmadi Cownu). Some are even begging him to just come and rule over them sef.
Odikwa Unbe-fvcking-lievable). Even Ilorin people never licked Alimi's arse this much. Like what the actual fvck?!

uglyafonja:



Disprove the point,..,.....and stop behaving like afonja

Disprove what point abeg? That you are green with envy up till today that Ogun IGR is more than that of the entire SE states put together? Look, if you are so pained about Ogun IGR, tell your governors to up their game instead of coming here to lament and whine like a bictch . Nobody gives a flying shyt about your wailing. You are the one with the inferiority complex, else you won't have opened this thread in the first place. It's obvious that your life would lose its purpose and meaning if you didn't have to obsess over 'Afonja'. Even your moniker says it all. What you need to do is to get a life. Go get married, have a few kids, and get a j.o.b, that way you would be busy/responsible and productive with your life for a change, and quit this unhealthy 'Afonja' obsession. Real talk.

uglyafonja:


Still better than Bobrisky and your loosed brother danrele

.

BabaRamota1980:
So SE is done sending its intellectuals to label us derogatively....now they are sending their spare parts traders to come online and address us in their Aba tutored english.

Easy on the poor apprentice. He was only trying to express himself in AbaNglish.

This is insane. Every other news on FP na BBNaija-related. If this show continues with subsequent editions, I can be that it will attract some very wierd and mentally unbalanced contestants just to keep the drama going.

They look dangerous.

Mynd44, Lalasticala, food don done o.

BankeSmalls:


it's the same story in most Yoruba states, including my state.

When will you quit this foolishness? By now most people here already know that you are an ibo boy. It's fine and all for you to admire Yoruba culture and wish you were one of us, but not to the point to denying your igbo heritage the way you are doing. Have a little bit of shame na.

bestpunterever:
u re a big fool, was that an accident? https://www.channelstv.com/2017/11/18/another-kara-bridge-accident-kills-two-persons/ why can't LASEMA save these.
Ur aim was to throw a jab @ edo state, and turned the thread to Edo vs Lagos, but this is not the time, ur msg of RIP was enough.

Na you sabi your imaginary edo vs. Lagos crap.

bestpunterever:
so it's LASEMA that will return the lost lives abi, your Mumu no get part 2, it ended in part 1.

Na you be the real mumu. Abi who doesn't know Lasema has been saving lives since Methuselah. If na lie, ask the guy they rescued from mud the other day.

Somebody call LASEMA. Oops, no be for Lagos e happen. RIP to the dead.

.ng domain name needs to be more affordable.

arinzeejikonye:



This isn't about bad belle, Ogbeni the question is on the tag of 75 inflow of fdi into ogun out of 36 States including Lagos,

Typos are normal, Stop deviation,

Should we also factor in distribution centers points and warehouses all over the 36 States?

Man probably will have to give a better break down, since, you have shifted from the envoy

Guy, I hate to break your heart but in the wider scheme of things, your opinion doesn't count for diddly squat. Perhaps you can communicate your reservations about both MAN and the envoy's assertions (since they both buttress each other) to the proper channels, that way they can perhaps publish retractions, coz this Nairaland crusader posture you've assumed over this matter is as watery as prison beans. You have so far failed to disprove MAN's breakdown or refute the British envoy with any convincing counter evidence. I wish you goodluck in your crusade though.

arinzeejikonye:


Point of correction,
The resink besink facility, is not into manufacturing,
But just for redistribution of already manufactured goods

What is 'resink besink'? Or you meant Benckiser? Dude, that recently commissioned Benckiser redistribution center you are trying to belittle is the LARGEST in the entire continent of Africa and cost millions of dollars to setup. Look, I don't know where this bad-belle of yours is coming from, but whatever your motive, it's dead-on-arrival. You and your ilk feel that you know better than the Manufacturers Association of Nigeria. Na una sabi.

arinzeejikonye:


Are they worth more than Bua cement okpella $ 600 million recently commissioned in edo state

Mr. Man, earlier this same month of December, Petrolex commissioned its $330-million dollar facility section of its mega oil city in the state (it will be spending a total of $5-billion dollars in that axis/on that project). That is in addition to the 3 commissioned factories. In other words, in just one month, the state commissioned probably nothing less than $500million worth of companies. That does not include the other factories and manufacturing concerns that have already been commissioned earlier throughout this same year. Just drop it, guy.

arinzeejikonye:
Okowa had performed groundbreaking for another sapele ipp by proton
https://www.thisdaylive.com/index.php/2017/09/29/okowa-performs-250m-proton-energy-power-plant-groundbreaking-in-sapele/

Mr. man, ipp projects are happening all across the country, no one is arguing that; I earlier cited a 550MW going on in Ondo and another 2000MW in Oyo. However, when it comes to the general industry and the manufacturing sector, Ogun outperforms all other states including Lagos. Just earlier this month, the state governor commissioned (not groundbreaking o) 3 factories at once (Unilever, Honda, and Reckitt Benckiser).

http://encomium.ng/amosun-commissions-3-mega-factories-in-ogun/

EzeNri:

Mynd44 if I call this guy a fool, you will rush to the ban button. A guy that doesn't know her country's FDI data, is that one a Nigerian?

I don't know where you people manufacture data from, 600 billion NGN is over 1 billion USD. Nigeria did not attract up to 1 billion USD in FDI into the manufacturing sector for the past 3 years. Whoever is telling you that is lying.

Check Ogun GDP sectoral growth and see if the real sector grew concomitantly.

The only 1.5 billion USD FDI in manufacturing is the one from China to Aba we are expecting Next year.

Oh, you think you are slick abi? Mynd44, don't mind this impostor. He has already admitted using an alternate account. His original account is SouthEastFacts. He admitted it in the post below that his alternate moniker was banned after I called him out in an earlier post:

EzeNri:

The other moniker was banned.

So you believe only 150 manufacturers are in the SE and 75 of them left? Only tiny Nnewi has more industries than that. Keep believing Made in Nigeria Statistics.

Google to verify the facts I posted. We are making strategic investments in Power generation.

totit:


Oooh so now you believe in nigeria statistics I thought you wrote earlier on this thread that Yorubas and nigeria stats are lies?. By the way and anyways, why don't you disprove by providing the said " nigeria statistics " at least to drive home your point and counter his claim.. don't you think so?
We are waiting for the said " nigeria statistics!

Na their way. They only believe anything that favours them. If it doesn't favor them they will trash and reject it and cookup their own lies.

EzeNri:

I thought I was dealing with people that are knowledgeable.
I know you can't access a full NBS data, so use the link to check the report as of Q1 2017.
www.punchng.com/nbs-ranks-lagos-aibom-three-others-most-investment-friendly-states/
There is difference between FDI and Domestic Investement. There is not much FDI in our manufacturing sector. The highest ever will be the 540 billion USD chinese investment in shoe manufacturing in Aba. That is why every Nigeria need to continue praying for that.
Our FDI data has not captured it yet, hopefully next year.

Smh. Gosh, what is this?? With every utterance you keep exposing your ignorance. Did you not see Ogun (as well as Oyo, Lagos, Rivers, AkwaIbom, Abuja) on the list?? Have you not seen with your own eyes the commissioning multi-million dollar foreign-owned manufacturing coys (Recover Benkiser, Unilever, Honda, Hayat Kimyer) (three of which were commissioned earlier this month) in this same thread?? Does that not count as FDI?? Ogun is the undisputed home of manufacturing investments, be it foreign or domestic and a wealth of data has already proved that #FACT. You are too ignorant for comfort. I'm done with this back-and-forth with a confirmed ignoramus please.

https://guardian.ng/business-services/hayat-kimya-invests-100-million-diaper-and-tissue-factory-in-ogun-state/

http://followgov.ng/2017/12/06/amosun-commissions-honda-unilever-factories-agbara-creates-employment/

http://encomium.ng/amosun-commissions-3-mega-factories-in-ogun/

EzeNri:

I am from Igboland. There is nothing like Abia, IMO, Anambra, Enugu or Ebonyi. They are all mere geographical expression.

I am ashamed of you for believing Ogun attracted 75% IGR. I am equally ashamed of you for not knowing that tax is a mere Macroeconomic stabilization tool, hence IGR will always fall and increase depending on the policy wish of the govt.

Aggressive tax drive means govt is selfishly pursuing more funds at the detriment of employment and standard of living.

Let me tell you what you don't know, if Ogun records 100 bn in tax IGR, it means govt will be 100 bn richer but aggregate demand will fall by 100 bn. When AD falls the economy will contract, job loss and higher prices. If this higher prices led to a 2% increase in inflation, this means the real value of the remaining funds in private hands will go down by 2%. That is, the real value of the economy will go down by 2%.

That 100 bn in the hands of govt will not be able to revive that economy because of leakages. Some will leave the state through debt servicing, some will be looted, some will be lost through administrative charges, some will go into capital projects which will take some time before the benefits can be felt and the remaining will go to Recurrent expenses where a junk will be lost through Over head. The few that went to salaries will be too much to boost AD.

Trump cut down tax to avoid this.

Look here punk, quit already coz you're ain't fooling no one. That british envoy is obviously more informed than you will ever be in your miserable life. You are still yet to provide any shred of data to counter her assertion, yet you expect to be taken seriously?? It doesn't work like that in the real world. Now, I will show you a recent with a report from MAN that atleast buttresses her position while I won't even bother expecting you to counter it coz all you have demonstrated so far herein is that you are a quack pseudo/wannabe analyst. At this point, it doesn't matter what you believe or accept coz you are a nonentity and only you fool.s like yourself would even care to entertain your delusions.

https://www.businessdayonline.com/industrial-data-show-lagos-losing-real-sector-investments-ogun-2/

By Odinaka Anudu

A three-year data dealing with the direction of manufacturing and agro processing investments show that Ogun is elbowing Lagos in new investments.

Data by the Manufacturers Association of Nigeria (MAN), analysed by BusinessDay, show Ogun State has over 70 percent share of manufacturing investments in the country between 2014 and 2016.

In 2014, manufacturers invested N691.77 billion, out of which N514.87 billion went to Ogun State, representing 74.42 percent of the total .

Apapa and Ikeja in Lagos contributed N15 billion and N85 billion to the investments respectively, representing a combined 15 percent of the total.

Out of the N180.12 billion invested in the manufacturing and agro-allied industries in Nigeria in the first six months of 2015, N128.3 billion went to Ogun, representing 71.23 percent. Ikeja and Apapa industrial zones got N15.74 billion and N6.98 billion, representing 8.7 percent and 3.9 percent share of the total respectively.

Similarly, manufacturing investments worth N309.33 billion were made in H2 of 2015, out of which N302.26 billion went to Ogun, representing 97.7 percent of the total. Apapa and Ikeja shared the remaining less than three percent with other industrial zones across the country.

In the first half of 2016, total investments estimated at N54.55 billion were made by manufacturers in the country, out of which N37.51 billion moved to Ogun within the period. This means that 69 percent of all investments within H1 of 2016 were channelled to Ogun State. Apapa and Ikeja shared the remaining 31 percent with other industrial zones such as Edo/Delta, Imo/Abia, Oyo/Ondo/Osun/Ekiti, Kano/Sharada/ Challawa, Kano Bompai, Anambra/Enugu, Bauchi/Benue/Plateau, Rivers, Kwara, and Abia.

In the second half of 2016, MAN survey shows that N313.62 billion worth of investments were directed to Ogun out of the total N448.94 billion. This represents 70 percent of the total. Like in the first half, Apapa and Ikeja industrial zones stampeded for the remaining 30 percent investments with other zones. MAN is the largest manufacturing association in West Africa with over 2,000 companies as members.

Frank Udemba Jacobs, president of MAN, told Real Sector Watch that manufacturers find Ogun as a good investment destination due to the government’s commitment to industrialisation.

“Manufacturers are happy with Ogun because they get incentives from the government,” said Jacobs.

Manufacturers say they get tax and land rebates in Ogun, which lowers production cost in the long run. It is also easier and seamless to get certificate of occupancy (C of O) in Ogun, a manufacturer in the food and beverage industry told BusinessDay.

There is also a one-stop shop that allows investors to have a single point of contact for their dealings with the various ministries, departments and agencies of the state.

The cost of doing business in the state is also less when compared with Lagos.

“There is less harassment from touts in Ogun and the traffic is light, while there is more available accommodation for staff in the state,” another investor told BusinessDay.

Jon Tudy Kachikwu, chairman of the SME Group of the Lagos Chamber of Commerce and Industry (LCCI), said it takes about 30 days for agro processors and SMEs to get C of Os in Ogun.

“You know businesses are many in Lagos, so there might be some ‘I don’t care attitude’ from some government agencies. Again , people prefer Ogun because of multiple taxation and cost of the environment in Lagos,” Kachikwu, an agro processor and exporter, said.

In the three-year review, more investments moved to Agbara, Igbesa, Abeokuta, Sango-Otta, Ibafo, Mowe, Ijebu-Ode and Sagamu industrial clusters, all in Ogun State.

In 2014 alone, new investors such as Shongai Technologies Limited, Ijako in Sango-Otta, Apples and Pears Limited, Ceplas Farms Limited, Greenlife Bliss Healthcare Limited, and Sumo Steel Limited, berthed Ogun.

In the last three to four years, manufacturers have either moved from Lagos to Ogun or relocated their factories to the state, leaving only administrative offices in Lagos. Some of the companies that have done that include Fidson Healthcare, May & Baker, Pure Chemicals, Eagle Packaging, Nycil Limited, and Dufil, among others.

“Seventy manufacturing companies were established during first four-year tenure of Governor Ibikunle Amosun of Ogun State and both existing and new companies were given some level of incentives and benefits that prompted rapid development in manufacturing sector,” said Bimbo Ashiru, commissioner for commerce and industry, said in 2014.

Analysts say Ogun is benefitting from proximity to Lagos. A research done by The Economist in 2015 showed that an average company in Lagos 956 hours per year in paying taxes. However, things are changing in 2017 as the recent Doing Business Index by the World Bank shows some positive changes in doing business in Lagos.

EzeNri:

Which of them is a private investment?

We were talking about FDI inflow and I listed private investments of over 4000MW, worth around 4 billion USD and you are here listing FG funded ancient projects.

Don't derail with senseless chest beating. The subject matter here is that 75% FDI entered Ogun and we from this side said NO. Abuja attracts more FDI than Ogun.

Dude, why are you like this?? If Abuja attracts more FDI than OGun, why don't you prove it??. Talk is cheap you dumb fvck. These FDI you keep going on about in your region are yet to enter the country else they would certainly be captured. We are not here to talk about MOUs dude. Prove that Abuja attracts more FDI than Ogun or forever shut the fvck up. I can show you reports from MAN showing that Ogun attracted as much as 70% of investments into Nigeria's manufacturing sector for 3 straight years and counting. I dare you to counter it with your own data proving your Abuja case.

EzeNri:

Set to add, but have not added.

Check the structure of Ogun IGR, check how much that comes from PAYE, check amount that comes from other direct taxes, check amount that comes from road taxes and then non-tax revenue.

If you think you good in analysis, pull out those stats, check them critically and then tell us what you observed.

I am waiting.

Again let me remind you, Tax based IGR is not a good measure of economic activities. Tax itself is a macroeconomic stabilization tool, it is a policy tool.

Trump recently cut down US tax, this means in the short run USA tax IGR will fall, but it will boost employment and standard of living.

SE generally don't pursue aggressive tax drive. Don't forget the famous Aba women riot was because of tax imposition.

Guy, I am deeply ashamed for you because here you are, your SE states are stagnating developmentally/economically, factories and manufaturing firms are folding up at an alarming rate, una dey pull-in abysmal IGR, your region is depopulating at an insane rate with best brains are fleeing there in droves and embracing wholesale drug-trafficking, yet your response to that is to obsess over Ogun state? I can deduce that you are most likely from Anambra state, a state that for almost two straight years has refused to relase its IGR report, yet you have the nerve to come here and be forming analyst over Ogun state IGR streams?? Your state no even report a single kobo as IGR last year and this year.

Like seriously dude, if you were a serious chap, you would be at the forefront of campaigning against your governor for refusing to be transparent with the state's Internally Generated Revenue. But NOooooo, as a typical Igbo, na Ogun state wey no send una, wey dey develop and open factories left and right na im you dey obsess over Guy, when will you receive sense? Your new year's resolution should be that you will receive sense and be delivered from your village people that are dulling your brain by fire by force. Go and get a life. Real talk.

BeautifulSE:


Lol. I've stopped responding to that guy. His case is irredeemable. I can't keep up with his lies. He lies with every new post. He probably thinks we are like him

Na typical Igbo. I think it's genetic for them to cookup and makeup stuff that they can't back up so they assume others are like them. That's why no one takes their chest-beatings seriously coz when it's time to take stock you find that they're full of nothing but hot-air.

EzeNri:

You have been busted and It is 60 billion NGN not USD abi?

God pass all of una.

Guy quit grasping at straws coz e no go pay you, ok? I don back up the N60-billion with news reports (N5-billion naira monthly multiplied by 12-months amounts to N60-billion naira). I repeat that you should quit grasping at straws coz you are not helping your own case.

http://dailypost.ng/2017/12/04/ogun-loses-n5bn-revenue-monthly-gov-amosun/

https://www.premiumtimesng.com/regional/ssouth-west/251421-ogun-loses-n5-billion


You are yet to present proof of any concrete development happening in your regional corridor to counter the abundance of evidences contained in this thread. That ought to be your concern and not a typo. Una IGR combined still no reach Ogun state own and you no even shame. Abeg go and get a life dude.

EzeNri:

3500 MW what? It seems you people take us for fools.

Another stat for Afonja Bureau of Statistics.
BeautifulSE, come and see your brother.

Ode. You will keep exposing yourself to embarrassment in your weak attempts to appear relevant.

Here is a list of power plants in the SW and their installed MW Capacities:

Egbin Simple cycle gas turbine (Lagos) - 270MW
Egbin Gas-fired steam turbine (Lagos) - 1,320MW
Olorunsogo Simple cycle gas turbine (Ogun) - 336MW
Olorunsogo 2 Combined cycle gas turbine (Ogun) - 675MW
Omotosho 1 Simple cycle gas turbine (Ondo) - 336MW
Omotosho 2 Simple cycle gas turbine (Ondo) - 450MW

Calculate that and you have 3,387MW. Add the 550MW and 2000MW about to come on-stream in Ondo and Oyo respectively and you have approximaly 6000MW. You see say I no be like you? I have my facts ready. You on the other hand are full of hot air.

BeautifulSE:
Who doesn't know the $60billion IGR AshiwajuFoward posted was a mistake. He meant N60 billion. Trying to deflect from his own lies. Lying Lion

Are you minding the boy? He latched on that clear typo coz he couldn't argue against any of the facts presented therein. He thinks we are like him. We no dey jamtalk without proof/facts/evidence.

EzeNri:

60 billion wetin? Ogun that couldn't even generate up to 250 Million USD in IGR will now generate additional 60 billion USD.

If you divide that 60 billion USD into 3, Ogun GDP is not even up to 1 part. Where you wan get 60 billion USD?

Lagos don't generate up to 750 Million USD. Even your country can't.

No wonder Lai Mohammed is a Yoruba. We are opening Afonja Bureau of Statistics and you must be the DG.

Next time gather kids and lie to them.

I'll not respond to the other embarrassments above.

I just woke up hence my belated response. Dude, you are nothing but a jobless lout grasping at straws , and I am sure you could deduce that the $60 was a typographical error on my part (I mistakenly entered $ in place of N) but chose to latch on that coz you couldn't come up with any serious rebuttal against any of points and facts I put up there. And yes, the state is set to add an extra N60- billion to it's annual IGR revenues.

http://dailypost.ng/2017/12/04/ogun-loses-n5bn-revenue-monthly-gov-amosun/

https://www.premiumtimesng.com/regional/ssouth-west/251421-ogun-loses-n5-billion

You on the other hand are yet to provide concrete evidence to refute Ogun's status as the defacto FDI destination and industrial hub. All you have been doing on this thread is to throw tantrums devoid of verifiable facts in support of any of your positions. It's so pathetic that even your jibsmen are not bothering to join you in your foolishness.

EzeNri:

Sometimes I wonder whether you people are illiterate. Do you really understand how IGR works?

Go and check Ogun IGR structure and report back.

Don't use IGR, use debt profile for each region and then come back.

SE debt is 7.8% of the aggregate debts of the 6 regions plus FCT. SW are pursuing too much IGR to stay above the waters because they have borrowed their lives away.

Yinmu. Siddon there and be obsessing over SW debt while your region keeps retrogressing infrastructure-wise. We have no apologies for using debt-financing to build critical infrastructure that continues to make our region the magnet for development and FDI. America is heavily indebted too, yet its still numero uno. $350-dollars world bank loan was recently approved for Ogun state for even more infrastructure-related projects across the state, so you better be prepared to lament even more than the bereaved. Ogun is owed N200-billion+ by the FG for fixing federal roads within its domain. Its IGR is more than all the states in your region combined, it's poised to raise an extra/additional N60-billion in IGR starting from next year from some new revenue streams. The state's ligh-trail service construction will soon commence. The present government has built 8 flyovers across the state, and has commenced a 10-lane Abeokuta-Sagamu interchange. And you wonder why the state keeps soaring. Una wey no borrow money na una dey cry marginalization pass and dey flood other regions like refugees. Common 2nd Niger bridge una govts no fit pull their resources and build, na to dey beg and cry una sabi do. Shioorrr!

EzeNri:

The other moniker was banned.

So you believe only 150 manufacturers are in the SE and 75 of them left? Only tiny Nnewi has more industries than that. Keep believing Made in Nigeria Statistics.

Google to verify the facts I posted. We are making strategic investments in Power generation.

Lol. So you know better than the SE arm of Manufacturers association of Nigeria? Eziokwu! Every serious manufacturer is a member of MAN. #FAct. Unless you are referring to 'pure water' type businesses (to borrow from Ifeanyi Uba ) that ain't worth diddly squat. Sorry but I reckon that the SE arm of MAN are more credible than you are.

FYI, the SW already has power plants with a combined capacity of no less than 3500MW, while another 550MW is also coming on-stream in Ondo so all that talk about power generation ain't shyt. The license for the IPP in Ondo was granted back in 2016.

EzeNri:

Incoming 2.5 billion USD from China, courtesy of only two FDI. One from Innoson and Abia State government.

This 2 FDI alone will account for 73.5% of the total FDI inflow in Nigeria in 2016 which was 3.4 billion USD.

The Geometric power project that will generate 1140 MW of power for Aba is a 530 billion USD investment. One single project in Aba worth 16% of total FDI inflow in Nigeria in 2016. The project is over 80% complete.

Global Edison, A US company is building 1500 MW in Anambra. The FDI is worth 2.5 billion USD. This single project is worths about 73.5% of the entire FDI inflow in Nigeria in the year 2016. By 2020, hopefully, it will be functional.


In 2020, Century Power will complete their 1500 MW station in Anambra. I don't know how much it cost. It should be over 500 billion USD.

Anambra Govt through Obiano is making a 47.25 Million USD for the construction of 40 MW power station in Ogbaru.

SE uses about 300-400 MW of electricity, yet she is making critical investments in power generation of over 4000 MW and doesn't make noise about it.

Calculate all these, and you will see that SE is the largest recipient of FDI in Nigeria, but Made in Nigeria Stat will never capture them. Anambra alone had attracted about 7.2 billion USD from 2013, if we include Innoson's 1 Billion USD, it will go up to 8.2 billion.

Take your time and google everything up there.

Smh. Mr. SouteastFact or whatever, you didn't have to change your moniker to spit this opata in your usual fashion. So these non-existent FDIs you are alluding to are happening in your region and your people are still fleeing that hellhole in droves? And it's not reflecting in your IGR? And it's not being captured when data showing fx/capital imports are reported?? Look, you can't banboozle anyone. Your Anambra state chapter of MAN already gave the world the real picture of the situation on ground. Your region is deindustrializing at an alarming rate hence the incessant brain-drain afflicting that whole area. You can't come here and spin your delusional yarn and expect us to just swallow it the way y'all swallow your Akpu. It doesn't work that way.

safarigirl:
why should you have an opinion on what does not affect you?

You and your people will be flooding threads that you have no business with to goad others and share useless likes, but when same is done to you, you cry foul.

Awon omo ale oshi.

Oh biitch please. This is a public forum and you are an inconsequential nobody to tell me I can't have an opinion on anything you foool. You are an mgbeke gutter girl so I am not surprised that you are acting true to type. Na you be proper omo ale, if you doubt me go and sit your parents down and ask them to tell you the real truth concerning your paternity.