Ektbear's Posts
Nairaland Forum › Ektbear's Profile › Ektbear's Posts
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Justcash:This, of the 5th largest economy in all of sub-Saharan Africa? The $43 billion economy? Heh. Anyway, as you probably know, oil is only 30% or so of Nigeria's GDP. There is a lot more going on |
Eko Ile:It is quite simple. It just isn't economical to develop the SE zone into something like Lagos. It is going to cost billions of dollars in subsidy from someone. Which is fine. . . if they want to raise the funds themselves, no wahala. |
Justcash:Right. Ekiti State, created in 1996. Before then part of Ondo State. Before that, part of the Western Region. All of this a part of Yorubaland. I'm entitled to take pride in any part of Yorubaland I like. If you can brag with Lagos state that is not your state, why do you have problems with people bragging with Lagos even if Lagos is not their state?If they like. It is up to them, I cannot control what others want to take pride in. So, I, an Igbo can comfortably claim Delta and Rivers state that's got Igbos too? I should brag that you shouldn't be drinking "OUR" Oil?Again, do what you like. You guys only favor claims when you need it to be at an advantage. That is pathetic.Which advantage am I claiming? I'm not claiming Lagos on the behalf of Ekiti State. Or the Ekiti people. I'm doing so on the behalf of the Yoruba people. Yorubaland is Yorubaland. |
Eko Ile:Hehe. There is a saying. . . "Victory has 1000 fathers, defeat is an orphan." Everyone wants to claim something that they had nothing to do with. |
Anyway, long story short, the more ports the better. But if you want to build one from scratch, use your own money to develop it, dredge the appropriate rivers, etc. We all know how expensive that type of stuff can be. . . if St Louis wants to become as mighty a port as the port of Houston, no wahala. They should just be willing to spend the money (in this case, probably 10s or 100s of billions of dollars) necessary to make their dream a reality. |
Justcash:We are all Nigerians, and we are all Africans. All black Africans should be happy about Lagos State's accomplishments. 5th largest economy in sub-Saharan Africa, for example. GDP of $43 billion. Probably more than that of all 19 states in Northern Nigeria combined. Everyone should feel proud: Lagosian, SW zone, Nigerian, and African. |
Justcash:Eh, Lagos is Yorubaland, is it not? In case you haven't noticed, Yoruba folk have been a "we" for a while now. In any case, there are 6 states in this SW zone. Since I'm a member of this zone, I can be "bragging" as much as I like about Lagos. |
Heck, even Cotonou area (which was a superior port to Lagos before this 1750s period or so, from what I've read on JSTOR) is pretty decently developed. . . it probably contains the lion's share of Benin Republic's GDP. And Lagos has been superior to Cotonou for like 250+ years now. . . A good port is a good port. We are lucky that God blessed us with this advantage. |
Lagos was not built by Lagos indegenes or even Yorubas. If Lagos was never a capital of Nigeria, it would have been like Oyo and other SW states. Probably, the port would have been a fishing point. The whole essence of Lagos would have been down.Lagos has been the biggest port city in this part of Africa since probably the 1750s or so. So it'd have developed regardless. There are just huge advantages to having an excellent, natural port. On the contrary, If Calabar had remained the capital of Nigeria, it would have had the same story that Lagos is having now. Even with the small impact of the "Colonial capital status" on Calabar, you can still see some elements of infrastructural sophistication, just that it was never complemented by the Nigerian government.1. Eh, that is no one's fault. Blame the British for moving their capital from Calabar to Lagos. All of that happened before independence. Or blame God (if you like) for giving the Lagos-Ogun-Ondo area some of the best harbors in West Africa. 2. Study the coastline of Nigeria a bit. Compare Calabar and its access to the sea to that of Lagos. So yes, if the British had by force decided to keep their capital in Calabar, and spent the money dredging, it would probably have been comparable. But for them it was more economical to move to Lagos. |
Anyway, let everyone who wants to have a port have one. But let every port stand on its own economically. Those ports that are not profitable, the state governments should be the ones making up the difference. Not the FG. Same for airports too! And let each state derive the benefits from its ports and airports. I know that dredging the river niger is going to cost billions of dollars, and an enormous amount of money to maintain after that. If your state government and people want to sink their money in something uneconomical like that, no wahala. It is a free country. But there is no reason for others to have to subsidize such. |
@dem_people: I'm not vilifying anyone's ethnic group, I don't think. I'm just setting the record straight. It is very arrogant for someone to claim they built someone else's city/territory. And in this case wrong, since it wasn't as if they did it for free. |
@Justcash: As I said, people should be thankful for the opportunities they get, rather than claiming that the opportunity they were given is in fact them doing someone else a favor. We can agree to disagree, then. No wahala. |
Anyway, long story short. . . don't tell anybody you "built" a land. If you did so out of charity rather than the desire to make a profit, fine, you can then claim that. We have some states here in the US that are economically unattractive but the FG sinks money into them. Those states, one can say that they are being "developed" by the FG. But Lagos? A city that has been a prominent port since the 1700s? A city the British chose as their seat of government in Nigeria? That is the one you want to claim you "built"? A city that you only enter to make profit? Very silly reasoning. |
Hehe. I should have followed the example of everyone else on this thread, and simply ignored the mo.r.on known as Beaf. After all, if there is anything that requires intelligence to discuss, what is the point of including him in the discussion? He is a fool, an i.d.iot, a phony, a fraud, a fake. Anyway, I'll follow the example of everyone else in this thread and refrain from interacting with this halfwit named Beaf. |
karl max:Please. Build your seaport! Ideally the government hands over all ports in this country (and the revenue thereof) to the relevant states. We shall then see whose port will do best. All I know is my port doesn't require spend billions of dollars dredging a river before it becomes functional. |
Beaf, you are an i.d.iot, a fraud, and a fool. You are the scum of the earth. |
@Justcash: My brother. Buying a piece of land and building a home on it is not "single-handedly" building Lagos. What does that even mean? You aren't buying the land and building it for a charity, yes? It is an investment opportunity. And key word is opportunity. So you mean to tell me that if someone gives you an investment opportunity, you are the one doing them a favor? Rather than vice versa? If my buddy gives me a stock tip and I make a killing off it it, the corporation I profited from is the one doing me a favor? |
At any rate, if I am wrong, feel free to demonstrate. Show us how Igbos have "single handedly" built Lagos. Are these multi-national corporations with headquarters there all Igbo owned? I'd love to hear exactly how I am wrong. In any case, I hope it doesn't puzzle you guys why you are so thoroughly disliked throughout most of Africa (not trying to say it to be offensive, but it is what it is.) Trade and commerce is not one-sided. . . everyone benefits. So for one side that benefits claiming that it is doing the other side a favor is highly arrogant and offensive. |
Justcash:Most of the ones I looked into have nothing to do with Igbos. The railroad for example, construction work is being done by CCECC. Anyway, it isn't as if Lagos has ever been in a situation where it needed investment for a project and was begging Igbos to invest. Having access to an investment opportunity is the state doing a favor for you, not vice versa. That is what is so annoying about all of this to me. . . the tail is thinking it is wagging the dog rather than vice versa. Or are these billion-dollar projects, is the money being sourced from Igboland? The South African and Australian banks that provided a loan for Lekki Toll Road, is that Igbo owned? To be quite blunt. . . in no way shape or form have you developed Lagos. Buying some land and building a property on it is nice, but pretty much everyone is doing this. It wasn't as if you met a virgin, undeveloped territory and built it into a juggernaut. |
texazzpete:The economics are not relevant. It is beyond the scope of the CBN. The CBNs job is not to be building hotels. There needs to be separation of powers in government and focus on what they were hired to do. |
So I guess Eko Atlantic, Lekki FTZ, Lekki toll road, the new rail are also being single-handedly developed by Igbos, yes? ![]() Very delusional and overrated people. Turn your talents to developing your homeland, rather than making excuses for failure and incompetence. |
Igbos "single handedly" developed Lagos and Abuja? ![]() LWKMD |
I don't think any amount of talk on the internet will change the realities on the ground. Perhaps in 100 or 200 years time, things will change. But as things stand, indigeneity is the law of the land in Nigeria. |
I've no problem with attempts to "de-congest" Lagos (whatever that means), so long as the relevant moneymaking structures there in (the port) are handed over to Lagos State. Then at that point, any Tom, Dick and Harry can build a port, manage it himself and derive the benefit thereof. In such a situation, I think the intrinsic and physical advantage of Lagos Port will cause it to still dominate the industry. I would be pretty displeased if Lagos Port is sabotaged by GEJ, though. Build more ports. . . but then let us control the management of our own port (and get the revenue from it.) |
Probably the indigenes and whoever the indigenes allow to be considered "Lagosians." |
I think more than talk, actual money will need be spent on additional seaports. From what I've heard, the port itself isn't well-managed. So that is another area of possible improvement. |
ETF=money to pay salaries? Or student loans? If the former, then they should be rejected. Private universities should sink or swim on their own merit. No need for 'em to suck at the teat of the Nigerian public. |
kcjazz:+1. I dunno why I feel this is true, but it sounds right. |
@isale_gan2 and @Kilode?!: No, you would not move to Cuba. Heh. You'd visit, but not move there. Anyway, overall point is that free market capitalism largely speaking offers a better society than some sort of socialist, planned economy. Also, I don't see what this has to do with Glenn Beck. I'm not saying "leave if you don't like it", I'm just saying. . . people have voted with their feet, and they've voted in overwhelming #s for capitalism. That should tell you that capitalism is more attractive than its competitors. But that isn't really the topic of this thread I guess, more of a digression. |
The problem with I have with the capitalism sucks crowd is that they are all largely hypocrites. These are the same people typing away on their computers that "capitalism sucks" in obodo oyinbo. Or to China, Brazil, Japan. If capitalism sucks so bad. . . why aren't ya'll moving to Cuba or North Korea? |
[quote author=ndu_chucks link=topic=669633.msg8341601#msg8341601 date=1305672089]I don't believe many posters complaining about coca cola slavery have never had the pleasure or responsibility of meeting payroll for any company - even if the company has only one employee. You don't run a business by being a morality police, you play by the rules with the sole objective of maximizing shareholder value. If a corporation can get away with making N1 per month, or N1 trillion per month, legally, then that's what they should do! Nigerian laws allows employers to organize and bargain - take advantage of that instead of whining. awon olodo.[/quote]+1 Government can be a charity, business should not. If I'm a shareholder in Coca-Cola or any other business, I want them to maximize their profit. It isn't like people invest in businesses to get less-than-maximal return on investment. |
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