Poor people do not buy land.You are our labourers in Lagos.

MsAllison:
[s][/s]
claptrap and stupid trash

Okay Akindele that owns fairgate group in UK worth more than a billion pound sterling might buy Igboland and give to Cameroon for proper tutelage.

adadike:
Ask her to dare. You are not even ashamed of yourself. Hiding behind wrapper as usual. Yoruba women feeding Yoruba men since 1600

YORUBAS HAVE BEEN DOING REAL BUSINESS BEFORE IGBOS OPEN EYE .



It is not difficult to imagine that the richest man in Africa, Aliko Dangote, wakes up in Africa, has his breakfast in Asia, lunch in Europe, dinner in America and sleeps in Australia.

You may also conjure the image of the richest woman on the continent, Folorunso Alakija, attending a conference in North America, meeting with female entrepreneurs in Africa, signing a multimillion-dollar deal in South America, going shopping in Asia, and attending a wedding party in Antartica.

The duo may be the richest man and woman on the continent today, but Nigeria’s ability to create billionaires did not start today. Before Dangote and Alakija, the likes of Da Rocha, Ojukwu, etc. were known for their fame and fortune.

Just for this thread, I am picking out only the Yoruba business people because they have the largest number.


Candido Da Rocha (1860 – 1959)

Candido Da Rocha was a Nigerian born in Brazil. Upon his return to Nigeria with his father, Esan Da Rocha, he made a fortune that has today become the subject of fact and fiction.

Da Rocha was unlike Evander Wall – both were born in 1860 – who became a millionaire at 18 and a multimillionaire at 22, when he inherited a million dollars from his father and grandfather respectively.

An extravagant showman, Wall bought 5,000 neckties and 300 pairs of gloves. He was the first man in America to wear a tuxedo. He was reported to have changed his outfit 40 times in a single morning.

Considered a millionaire, Da Rocha too had dozens of clothes and he could afford to send his dirty clothes to the laundryman in the United Kingdom – which he did for many years.

Shrewd and forthright, the first Nigerian millionaire was not given to unnecessary platitudes and politicking.

“His friend Herbert Macaulay persuaded him to join politics. On a particular day when he was addressing would-be voters, he simply told them that he was seeking their votes to represent them. He made it clear that he would not use his wealth to get their votes.


At the end of the day, he didn’t win,” his 90-year-old granddaughter, Mrs. Angelica Oyediran, told SUNDAY PUNCH.

How wealthy was Da Rocha?

“I can’t put a figure to it. However, I can tell you that Papa was so rich that he assisted many people in the society. He supported the government during the Second World War. He also supported the Catholic Church. When the Holy Cross Cathedral was built, he paid for the building of three chapels. The British respected him a lot. He was highly respected; a disciplined man who hated dishonesty and lying. I lived with him in this house for three years. I was very close to him. He loved me and I was fond of him,” the granddaughter explained.



Describing Da Rocha’s generosity, she said, “People would come to him, crying, requesting financial assistance; from the balcony, asking how much they needed, he would throw down the money to them.”

Da Rocha became a water merchant, selling water from the house (he inherited from his father, Esan Da Rocha) – famously called Casa d’Agua or water house. Da Rocha would later venture into real estate and the hospitality business. He opened The Restaurant Da Rocha, Bonanza Hotel, and Sierra Leone Deep Sea Fishing Industries Ltd. He also went into a partnership with two other businessmen, J. H. Doherty and Sedu Williams, to establish the Lagos Native Bank.


Timothy Odutola (1902-1995)

On March 25, 1943, the man who later became arguably the most respected politician and strategist in Nigeria, Chief Obafemi Awolowo, requested a loan of £1,400 from Timothy Odutola.

The loan, according to Awolowo, would be fully paid in 12 years. He did not get the loan. But, the duo would later form a strong political alliance in the old Western Region.

Stupendously rich, Odutola was the first president of the Manufacturers Association of Nigeria. He was reported to have established a multimillion-dollar business, including three factories, a retail franchise, a cattle ranch and a sawmill before 1960.

Before his breakthrough, he worked as a clerk in various departments of the Lagos Colony and in the Ijebu Native Administration between 1921 and 1932.

By 1932, he opened stores where he sold damasks and fish in various cities in the Western Region; and later, he began trading in cocoa and palm oil.

An enterprising man, he also dealt in sawmilling and gold mining. By 1967, he had begun production of tyres and tubes which did so well that he added a $1,700,000 plant, with the plan to harvest his own rubber from his 5,000-acre plantation.

“The time is coming when we will produce more than we can consume and we will have to look outside Nigeria for markets,” Odutola had once said.

Prior to his death, however, he might have been less optimistic, as he watched Nigeria’s political and economic growth take a turn for the worse under the jackboot of maximum ruler, Gen. Sani Abacha.



Sir Mobolaji Bank-Anthony (1907-1991)

Businessman and philanthropist, he was a former council president of the Lagos Stock Exchange. He was also a minority investor in Aero Contractors and at a time held the distributional rights to cars manufactured by Rootes Group.

Between 1923 and 1930, he worked as a junior clerk in the correspondence section of the Post and Telegraphs Department. By 1931, he went into business, travelling to Germany and England to study how to make palm oil. Following that, he established M. de Bank Brothers, to trade in palm oil and patent medicine.

After sometime, he began importing watches, clocks and pens – at a point, becoming the third largest seller of fountain pens in Nigeria after UAC and the United Trading Company. He also owned a tanker fleet and a charter airline.

He was one of the earliest Nigerians to become chairman of a European company in 1950 – he was the chairman of the Italian Construction firm, Borini Prono and Company. He was also a director of Mobil Oil and Friesland Foods back then.



Shafi Edu (1911–2002)

In 1965, TIME magazine named Shafi Edu one of Nigeria’s richest men. Along with Talabi Braithwaite, he co-founded the first indigenous insurance company in the country. He had shares in big companies like Bata, Alumaco, Wiggins Teape, BP (formerly British Petroleum), Lever Brothers and Nigerian Breweries.

Edu was the first president of the Lagos Chamber of Commerce and the Lagos Rotary Club.

At 54, he had built a fleet of eight oil tankers. He was also on the boards of Blackwood Hodge Nigeria, Haden Nigeria, Glaxo Nigeria and the Federal Industrial Loans from 1954 to 1959.

He was elected into the old Western Region’s House of Assembly in 1951, and was later nominated to represent Epe at the Federal House of Representatives.




Ade Tuyo

Born in 1902, he was described as Nigeria’s most prominent baker in the mid-1960s. Featured in Time magazine’s list of millionaires in Nigeria in 1965, Tuyo at the time had four outlets and was making 115 products. According to the magazine, he was running a business that would have “first priority in people’s spending.”

“The firm’s unusual name – De Facto Works Ltd. – was shrewdly chosen by Tuyo to impress Nigerian bankers with the fact that he was seriously in business,” it said.

Trained as a teacher, Tuyo left the profession to work for 24 years in the Nigerian Railway Corporation, the British Bank of West Africa and the Ministry of Commerce. He retired in 1953.

The bakery was started by his wife. After his retirement, he took over the catering business. By 1969, his bakery service was the largest in the country.

Talabi Braithwaite (1928–2011)

Regarded as one of Nigeria’s youngest businessmen of his time, Talabi Braithwaite left a British insurance company to found a firm that would write life insurance on Nigerians which the British underwriters avoided like the plague. So successful was he that his African Alliance Insurance Co. Ltd occupied a six-storey office and had 300 bush-beating agents. Braithwaite lived in an elegant house in Ikoyi.

He was the first African to pass the examination to become an associate of the Chartered Insurance Institute, London in 1951. Braithwaite, in 1960, advised the government of the Western Region as a risk consultant when it formed the Great Nigeria Insurance Company. Between 1963 and 1966, he served as the first indigenous president of the Insurance Institute of Nigeria. He was also first president of the Nigerian Corporation of Insurance Brokers for 16 years, starting in 1963.

In 1969, he became an underwriting member of Lloyd’s of London, and from 1970 he started underwriting on the Merrett Syndicate.




https://punchng.com/old-money-10-super-rich-men-of-independence-era/

NGpatriot:
[s][/s]


Stop posting the same meaningless and childish rubbishy.


All your SE states are debtor states regardless and they still have nothing to show for their debts beyond kerosene, wheelbarrow and boreholes.

Funny how the states with more debts than you have for to show for their debts than you with your so called meaningless low debt.
What's your excuse?

SE is still the poorest region in Nigeria so what's your pointless point?

You people can not make sense to save your lives.

lol
You hit him where it hurts.Ouch!

adadike:
real people are talking, father's that would rather sit their lazy arse at home , send their wives away and rape their daughters also want to get noticed? 90% of Yoruba men are agberos. The rest are drivers. I should be having this argument with Hausa hardworking guys not with dumb ritualists. Any day you learnt what hardwork means, come back let's talk

Is this all you have got,poor soul?
Only Alakija will buy up Igboland and all the audio billionaires you claimed you have.

post=92890241:

Only in Yoruba land IGR is used in measuring economy, because the depend on others, you make more IGR still most indebted region and your cities are most backward cities in South, during recession all the states couldn't sustain themselves expect Lagos, I wonder how old you are because your reasoning is so shallow

lol

You sound pathetic. Who would lend your poor states money so you can default in payment because of your very tiny IGR.
USA is the most indebted nation in the world.
Anambra has the highest external debt and they cannot survive without the FG's feeding bottle.
What a pathetic situation.

Kano188:
[s][/s]

You are afraid to know the truth.When you beat your chests on anything before,we usually did not respond because we think you will stop your falsehood but you persisted so the truth has to come out.Blimey!

obynzo:


Who make up the bulk of the trade in the SW? Keep deluding yourself there. Once the business is redirected to the east people will.move there to do business.

Igbos make up the bulk in petty trading in Lagos only.The biggest bulk of real trading is done by the Yorubas.This is why Yorubas are the biggest importers in Nigeria.

Kano188:
[s][/s]

, sometimes I wonder how many monicker you have.
Poor soul.

MsAllison:
explain to the mods please

The mods are not mumu as you wish.
It is a generally known fact that all the states in Igboland combined has lesser IGR compared to Ogun state.
Facts are sacrosanct.Goldfish have no hiding place.

knowledgeable:


That spanner you paid for 350 naira instead of 100 naira and millions of Igbo lives lost in roads accidents from Lagos to East for decades just because of Yoruba tribal bigotry and conspiring alliance with the North against Igbos is what you are witnessing on this thread. You can change the narrative all you want. My bro time are changing, and are changing faster than you can imagine. Not putting Lagos down, but a whole lot is happening in the SE a well. Why are Igbos sending some of their investments back to the East?. Why are S Eastern lands more expensive now?. SE diaspora Fx inflows into the region ( in $billions) can give the national bugdet a run for it's money + all those massive investments going on all around Lagos, which group are more strategically placed to take a better advantage of them. Bro, the natural wealth in SE/SS which is about to be opened up to the rest of the world will dwarf anything coming from the SW.

All talk and no action makes Igbos less wealthier and also makes Igbos poorer than Yorubas from time immemorial.

aduhube:
Ariaria ABA and Onitsha markets are huge markets.

It seems you have not traveled to those markets before.

The markets are so big and busy that Lagos markets ( proudly dominated by easterners) are very small when compared.

Thank you

Is that why Igboland is poor and makes one of the smallest IGR in Nigeria?

SLAP44:


Haba, you have launched the programmed and running it and still two precious citizens of the state were kidnapped!

And you have the guts to tell those who hasn't launched theirs to launch it while yours is not working?

This is why some regions are not doing well in business.

Yorubas are doing better in business than any other tribe.The facts are there.
Yorubas are still the best in business.I can count more than 100 Yoruba business billionaires but you would not be able to name 30 Igbo business multimillionaires.

Christistruth00:

Long throat.

Dominate,dominate, dominate..

Fulani and Igbo..

This is good but trust me,they will trash the matter after a while because Akwa Ibom governor will come to terms with the truth which is NBS's stats.
I want to 75% believe NBS because when their stats about the poorest states in Nigeria 2019 came out it was in tandem with the World bank and UNDP stats.
No stats is perfect.

MsAllison:
[/b]
mynd44 lalasticlala
rule 2

I am sorry but it is in the news that Igbo leaders cried out that Igboland is gradually becoming a desert.If China takes over Igboland,it might help or do you by any thread want Igboland to completely become a perfect and complete desert?

Rossikk:


Keep lying to yourself.

''Former President Goodluck Jonathan has lauded President Muhammadu Buhari for making the completion of projects initiated by the previous administrations a policy, saying it is the way to go..''

https://www.thisdaylive.com/index.php/2020/07/22/jonathan-lauds-buhari-over-completion-of-projects/

Politicians always continuously initiate projects so as to gulp the money and leave the projects undone.NDDC is an example.

That is good for Zambia because China will manage those entities properly and leave them more prosperously run.They should please come and takeover the SE Igboland because they are going down in all indices of growth.Igboland is gradually becoming a desert.

I believe those who complain that the statisticians at NBS are cooking up figures have statisticians in their lineage.One or many of them would have refuted these figures now.

But can NBS,World bank and UNDP be cooking up figures against a people?
Na wah o!

FrMbaka:



In the Southern region of Nigeria

The North are on their own.

The federal policies favours the South West most.

But the Igbos have been in the central govt for ages even Obasanjo was Igboish.Yorubas/Yorubaland have always been the most developed..

rdokoye:


Lagos is in Yorubaland but it wasn't built by Yoruba people. That's why there are no cities in Yorubaland that are able to rival it.

Additionally, 90% of Yoruba people live in the other 5 Yoruba states. So I'd like to see projects touching the lives of the generality of Yoruba people.

lol
Yorubas live in Yorubaland as in there are Yorubas who live in Lagos and work in Ogun state or Oyo state and there are Yorubas who live in Ogun and Oyo state but work in Lagos.
We have seen people living both in Lagos and Ogun state or Oyo state.
The railway will even make a lot more people do this than what we have now.Ibadan is more developed than the entire Igboland infrastructure wise.

proeast:


Your problem is obviously inability to read and comprehend.

Yes, I said that Lagos is responsible for the SW bogus figure and that's an irrefutable fact!

Yes, I said that Ogun state is snapping the overflow from the over congested Lagos and that's an irrefutable fact too!!

So, what's your argument exactly??

The argument is if there was no Lagos and no port,Yorubaland will still be tops.They have topnotch human reseources and prudent managers of resources.Yorubas have their faults too.

Gambari pa Fulani..

A lot of cannibals have become good people and most have had remorse for eating their fellow humans during the dark days.

Autogduru411:
There's no country you'll travel to and don't find an IGBO man there doing business.

IGBO Amaka.

You like to wag your mouth too much on delusions.

Use your OSU brain for once nah.
Ibadan too is actually bigger than what Google measured.Your undeveloped tiny,one GRA states are just way,way below Ibadan.


If I may frankly ask you,what exactly will you use to compare your tiny, brown roofs,undeveloped 5 states with Ibadan city?
Is it your scanty modern houses?
Your network of roads?
Infrastructures as in schools,hospitals,research centers,GRAs,Malls,Stadia etc?WHAT?


All your 5 states cannot boast of 6 GRAs while only Ibadan city has more than 9 and has more estates than the entire Igboland.

Ibadan has better road network than the entire Igboland.

Only Ibadan city has 2 Olympic size stadia and numerous other stadia.

Ibadan city only has numerous big shopping malls and 5 mega malls.The entire Igboland cannot boast of 5 mega malls.

Ibadan has skyscrapers but the entire Igboland does not have even one skyscraper. The tallest building in Igboland is a 15 storey just completed would-be medical center.

You know there is nothing in Igboland to compete with Ibadan,so you deceive yourself by posting the old part of Ibadan which is not up to Onitsha which is 52 square km.

USA has its slums but more developed than Britain that does not have slums.
Lagos has slums but more developed than all the states in Nigeria.
Igboland has slums but very less developed than Ibadan.

AregbeFufu:

Lagos is not yoruba land, Lagos is Nigeria land.
You can see that the concentration of various Nigerian tribes in Lagos has drastically reduced the yoruba effect on Lagos. How many times do you hear of ritual killings In Lagos.
The core yoruba states are an environmental hazard.
The yoruba culture of fetishes, diabolism and ritualism must be stemmed before it infects Lagos.

Says an otokoto from Osuland.
What do you use all the skulls and bodies you are always mining in Okija for?

What do you use the millions of factory babies all over Igboland for?

Igbos have been documented as been ritualists from time immemorial.

Igboland is not called SE for nothing.
After using factory babies for rituals, they eat the skulls.
SE means SKULL EATERS.
Igbos originated ritualism which is their culture,
in Nigeria and exported it to other regions especially SW.

EjaikreTheViper:


SHUT UP!!!
I'm not igbo

lol

Are you ashamed of your Osuship?

EjaikreTheViper:
Brown roof people
illiterate and backward people forming sophisticated

Your otokoto people taught those gullible Yorubas.Igbos are known to be ritualists from time immemorial.