Keep yapping rubbish. But this thread will continue like this until some idiots here start minding their backward and worthless state. It is fun for me because i don't even care about anything Igbo. So let's continue.
Sprumbabafather: that is, if you're not same person as ognuefi2020 you cannot be cured.
ANSMEDIA: Anambra as Attractive Investment Destination
As bargain hunters comb the length and breadth of the global financial market for fertile ground amid dynamics of competing economies, African countries continue to receive the attention due a region of strong potential.
The trend has lifted some countries and their sub-nationals to a spotlight of accelerated economic growth as investors probe virtually all the sectors. One of these sub-nationals is Anambra State.
Anambra is ranked among Nigeria’s major foreign investment destinations according to report by the National Bureau of Statistics (NBS).
The statistics bureau in its 2018 second quarter (Q2 2018) report released recently had shown Anambra among top 10 Nigerian states, including Abuja, was preferred by foreign investors during the review period.
The others were Abuja, Lagos, Abia, Ogun, Akwa Ibom, Enugu, Bauchi, Delta and Ogun states.
Anambra has increasingly attracted foreign investment since October 2017 when a total of $3,771,000 was recorded (in Q1 2017), which represented the total capital inflow for the year. Accelerated investment inflow was recorded in Q1 2018 when capital importation of $5,000,000 in March dimmed $4,975 that trickled in earlier in January, bringing the total inflow for Q1 2018 to $5,004,975.
In what appears investors’ increased confidence in Anambra, capital inflow amounting $5,000,000 was recorded in April 2018, bringing the total foreign investment in the state for 2018 to $10,004,975. Overall inflow for 18 months (January 2017 – June 2018) was $13,775,975.00, according to data mined from NBS website. The increase in investment inflow to Anambra contradicts the trend in overall capital importation in Nigeria during the period.
The NBS report showed that Nigeria recorded a decline of $790 million in foreign investment in the second quarter of 2018 (Q2 2018) as a total of $5.51 billion was received during the period compared to $6.3 in the preceding quarter. This represents a drop of 12.5 per cent (quarter-on-quarter) against the preceding period (Q1 2018).
However, this represents a whopping 207.62 per cent increase compared to the corresponding quarter of 2017 (Q2 2017) when $1.79 billion was recorded. The NBS attributed the drop-in investment inflow in Q2 2018 to decline in ‘Portfolio and Other Investment’ categories which dropped by 9.76 per cent and 24.07 per cent respectively.
Analysis of capital inflow received through Portfolio investment showed a total of $4.11 billion representing 74.7 per cent of total inflow during the period. (Q2 2017 was $770.51 million.) This is followed by $1.13 billion in the Other Investment category accounting for 20.5 per cent of total Q2 2018 capital inflow. ($747.47 million was received in Q2 2017.)
Inflow recorded in the Foreign Direct Investment (FDI) category (mainly equities, equipment, machinery) was $261.4 million or 4.7 per cent of total inflow for the quarter under review. (Q2 2017 figure was $274.37 million.)
“Capital Importation in the form of Money Market Instrument stood at $2,670.93 million in the second quarter, which was a 24.29% decrease over the previous quarter. Investments in both Equity and Bonds (under Portfolio Investments) reported steady quarter-on-quarter growth, with 49.43% and 19.13% respectively.
“It is worth noting that investments in bonds under this capital importation type has been steadily increasing since Q2, 2017, and in Q2 2018, it accounted for 9.71% of total portfolio investment,” the report explained.
Governor Willie Obiano had intensified industrialisation and agricultural development in the state which attracts huge foreign investment inflow. Anambra has queued-in into the Nigerian government diversification agenda by expanding the frontiers of non-oil sectors in the two areas thereby creating thousands of jobs in various capacities.
For instance, the state’s agro-allied export scheme initiated by the Obiano’s administration attracted foreign investors’ attention that moved in to participate in the project when it was launched in 2016.
This led to the construction of a $150 million export processing facility in Ogidi – a suburb of Onitsha, the state’s commercial nerve centre, meant for conditioning and processing of export-oriented food items to Europe.
When ABX World which had agreed to partner with Anambra in executing the project reneged, Obiano moved to seek a replacement immediately to avoid the initiative relapsing into oblivion.
“Anambra’s recent emergence among the league of topmost capital importation destinations in Nigeria is not a surprise because Obiano has maintained the tempo of industrialisation and agricultural development in the state.
“The state’s agricultural development programme has resulted in Anambra being a net exporter of locally produced rice and expanding the frontier of economic diversification. Foreign investors know where to put their money; when it is right, they know it.
The National Bureau of Statistics report on capital investment that goes to Anambra is encouraging”, said Peter Obiefuna, a stockbroker.
Of particular notice is that Obiano is pursuing domestic-oriented development and emphasising on efficient management of resources. It is on record that Anambra, unlike most states, did not collect the bailout fund extended to states by the Federal Government in 2015 to enable them to pay salaries, a “gesture” that increased the debt profile of the recipient states.
The debt has a repayment tenor of 20 years. “This is capable of crippling development efforts of the states, no matter the improvement in their revenue profile”, Obiefuna said.
With recent developments in the state, Anambra will record significant investment inflow in 2018 to consolidate the giant stride in industrialization and agricultural development. “It is commendable that the state is not lagging behind in the rapid industrialization that will happen in the South-East soon because the signs are already here”, Kenneth Okoye, an Onitsha-based businessman said.
Enugu state has the lowest educational rating in the SE, so you don't expect illiterates and low class Igbos like ogbuefi2020 to understand something as simple as this.
nnamdijonathan: A flyover is a form of bridge which crosses over another road or rail line to ease traffic while a bridge is a structure built to connect two sections or points which have been demarcated by either a river or any other natural body, so you can see that the guy you quoted and called ignorant is actually correct in the sense that Enugu only has more bridges than flyovers or no flyover at all. From this your statement " But if you are arguing based on about flyover in strict engineering sense then enugu has one (at 9th Mile) and that's the only one in the east", you are very wrong because Ebonyi, IMO, Anambra and even Anioma all have flyovers, at least one.
Enugu state is a very poor backward state filled with primitive low awkward poor people. Enugu state is worthless and useless, they are more or less hausa-igbos. They contribute nothing as a people to the igbo cause.
Enugu state is very low in development.
Enugu state is very low in education
Enugu state is very low is wealth creation.
Enugu state is very low in human capital development.
Enugu state is very low in all the indices of development.
So it is not by mistake that people call Enugu state people inferior and low class Igbos.
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Ogbuefi2020: That is the effect of "rich people poor state" syndrome in anambra. Primitive Capitalism
So you were actually expecting him to sleep in NYSC camp for one night? NYSC camps all over Nigeria are all shitholes, a total mess.
seunmsg: He can't even complete the mandatory three weeks orientation course before leaving camp and flying to US. This is not good for the image of the corp.
Please use the same google to prove your point. The last time I checked IGR of Imo state is at the same level with Zamfara and Kebbi states. This is not an insult abeg.
Are you sure you are not tipsy, as in drunk? Please show us the IGR of Imo state.
Ttipsy: Imo don't have alot of industries producing goods, to make her GDP high, but Anambra has lot of industries which makes her GDP high. but in terms of IGR Imo state is leading. internally generated revenue in Imo is higher, despite the little or no industries. how?? revenue gotten from Hotels, oil&gas.
Hear from the former CBN governor himself. Do you have more information than him? That is the 4th largest in Nigeria in terms of GDP.
nnamdijonathan: But your report did not describe Anambra as the highest in the east so why are you giving Anambra the title? Let's wait for NBS to release the 2017 or 2018 list of states by nominal GDP ( largest economies ) before we know which state has the biggest economy.
I don't know why you cannot reason properly. Read this report of 2014, Anambra GDP was about a trillion as at 2014. The largest in the SE and it was confirmed by the minister of the federal republic of Nigeria.
nnamdijonathan: I hope you understand that "largest economy" is different from GDP per capital? Brazil's economy is larger than UAE's economy by a wide margin just as Enugu's economy is slightly larger than Anambra's economy but UAE's GDP per capital is higher than that of Brazil just as Anambra's GDP per capital is higher than that of Enugu although I don't believe that Anambra's GDP per capital is higher than that of Enugu because Enugu generates more IGR than Anambra and has a lower population than Anambra and the statistics you uploaded is not from NBS so I consider it fake. How can Kwara rank higher than Anambra? Take the statistics away abeg.
The Supervisory Minister of National Planning Commission and Minister of State for Works,Ambassador Bashir Yuguda has said that Anambra State’s Gross Domestic Product – GDP has grown from N735.80 billion in 2009 to N1.005 trillion in 2011, representing about 40 percent growth.
Yuguda praised Anambra State for what he called the impressive rise in her Gross Domestic Product (GDP) and noted that Anambra’s GDP was growing better than those of some African and Caribbean countries.
USA is the richest country on earth, has it occured to you that perhaps that is why they have so many enemies and detractors more than a poor country like Nigeria?
Must you respond to every anti-Anambra post? Let Omambala and others respectfully respond sometimes, and just chill out with your style of posting gutter images to ruin the thread for everybody. I know you love e-wars. That is what gets the best of you on the internet and not contributing ideas
You are busting me. LOL. These guys turned me into a ''beast'', and I think its all fun for me now. Thank you, I have heard you.
Stop running around like a headless chicken. Study this report to know which state is on top and the pariah ones.
nnamdijonathan: how are you doing your own rating? In terms of IGR, Enugu is the richest in the SE and in Nigeria, the largest economies are determined by the states yearly IGR. In terms of trade and commerce, Anambra and Abia takes the lead but it seems Enugu has other ways of generating higher IGR than Anambra and Abia and it has been prevalent for the past 8 years.
Cjrane2: Of course i remember him very well. But adiro ibuo aghi ala. You cannot be mad with a mad person just to measure up with them. Show some restraint bro. Biko
Thank you for this acknowledgement. Sincerely speaking I am a perfect gentleman in real life. Ask (Tundebricklayer) we met recently and had a chat for 2hrs. We talk on phone almost everyday just like so many people here like my brother Buddha etc. But I need to check these people that run around with the name of Anambra in a negative way. I can't sit and watch them float freely without doing something.
Ok nwanne let us reason. Do you still remember this same B2mario few years ago and how he was messing any Anambra thread? I need you to be sincere because you were among the people around then.
Cjrane2: Chino, I understand these guys b2mario et. al are touts. What i struggle to understand is YOU. So posting disgusting pictures of Abia state in a thread we are promoting to showcase the new, prosperous and modern Igboland is a way to get back at Abia state people? Why don't you post it in Abia thread and slug it out with them there?
I also struggle to understand the mindset of "If i can post more foul pictures of Abia or Anambra, "I have won". So what did you win? Anambra people here are disgusted by your conduct, and lash out too many times that you do not speak for them. It's not as if we all have never been to these places to know the facts. There is a true disconnect between adults here trying hard to promote Igboland and the children who think everything is the usual joking arena to post all sorts of foul pictures. Perhaps you don't know it, but some people send the links to these threads to important investors to see how Igboland they are being asked to invest looks. This is a serious thread if you can apply a little restraint and avoid those thugs, we will be grateful.
I respect you bro but sincerely speaking this guy called b2mario and chef2000(ezeonyembo) will do worse if they were in my shoes. I knew them before now. The first Anambra thread was actually derailed by this same B2mario, that was when I started following him to put him in his place, eventually he turned a new leaf because of so much heat coming from me. Now he is pretending as if he is a nice person.
Clown stop crying and start showing pictures. The person that said that he did see anything worth snapping is not even me so why are you crying on my neck? Ndo oo
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EzeOnyembo: See you're just foaming like an epileptic patient, Abia state is doing very well in all ramifications, though I reside out naija but I have people that give me information about the going in the state.
B2mario: And someone will come here and tell the public that when he went to Abia state he did not see anything worth snapping with his old useless camera.
Hehehehe..The highlighted has pained you so much but unfortunately that is the bitter truth. There is nothing to capture with camera in your state except the person is out to make caricature of the state. Sincerely I have been there twice this year, there is nothing worth snapping.
TundeBricklayer: Boy saying Abia and Enugu economy is bigger than Anambra is height of stupidity, I don't like engaging my tribe's men, biggest economy in Southeast is Anambra, followed by Enugu, next is Imo before Abia, Abia is second to Anambra in commerce
Politics › Re: . by BeijinDossier: 3:34pm On Sep 02, 2018
