₦airaland Forum

SEFAGO:
1. First of all those pictures are taken from the sky. Everything looks beautiful from the sky. Now close up pictures is a bit different.

2. To be able to purchase those houses you have to hustle for years. Either work for years or steal for months. Whichever floats your boat.

3. only a very tiny percentage of Nigerians live in these places. Yes nigeria is bad. Most people cannot afford to live in those places, and the closest they can get is by being workers

I could go on. But just put it this way only a very very few number can afford to live in those places.

Just another hater

Abeg, make money so you too can afford the good life

Wadeoye:
INEC Voters Registration figures.

- South South = 7million
- South East   = 7million
- South West  = 18 million
- North West  = 18 million
- North Central = 8million
- North East = 8million

Strange #s, no? Also, can you provide a link to your source?

igbo boy:
IT Wouldn't be fair to say that the stance of the citizens of EDO is representative of that of the Nation,

What does that have to do with anything?

Ultimately, this is a bit ret@rded. If the ACN is a Yoruba tribal party, how the hell did they convince people from another tribe to vote for them? Must have been some very powerful juju.

Banana Island. Hot damn!

http://www.skyscrapercity.com/showthread.php?t=899972

ACN=tribal party

On a serious note though, the comments on the article are interesting.

igbo boy:
yup foolishness to its members but not to outsiders, you cant be adjudged to be an impartial person on the matter.

A better litmus test would be to ask Non-SW nigerians and Non-Igbo Nigerians and see what the prevalent view is among them.

Citizens of Edo State suffice, I suppose?

seanet02:
Never, we YORUBAS dont have any form of history with kidnappers and human eaters

Realistically, we do. Doesn't mean we must be holding hands together today just because there is some common ancestor from 200AD or something

^-- Why not just view it as an investment?

"need" has nothing to do with anything.

SEFAGO:
Yes the Nigeria upper middle class thieves are like cows and are always trying to keep some silly social status. If they find out that some place is expensive and all their friends live there, they would start building houses in those areas. Thats why some people have like 3-4 houses   for one man only while 70% of the population lives below poverty line.

Trust me as long as their is oil wealth property speculation would go on. If you hear someplace might become hot in the future, I would advise you to purchase property fast. You could get returns of over 10-100 times what you paid for in ten years. Hold out for a bit also.

Man if you know how much people get in land that is a target area which could be used as a petrol filling station?

Yep, the returns are pretty sick. Way better than anything you can find here in the US. Nigeria is a very fat land, if you have a bit of capital. Easier in some respects than the US.

Some folk from my church in Houston went into business together, bought some land by the coastal road (in Lekki area) and are developing an estate. This was in 2009. I strongly considered buying a plot there. Ended up buying a plot in Abuja instead. I wish I had more money so I could buy more. . . but pretty broke until I get a real job.

buzugee:
no not for profit. to make clothes for myself to wear. someone said ralph and louis vuiton were the things that middle class and lower class people wore. so i am trying to be different by wearing my own creations.

I see, so for fun and entertainment.

buzugee:
i need to learn how to sew and make clothes. in naija i will be wearing my own designs. i will only travel to london for shoes but all my clothes will be made by me. maybe i should learn how to make shoes too ?? hmmm. those will be excellent skills to have i tell ya.

Hrm. So you'd be a designer? And sell your products to existing stores?

How profitable is that as a business?

SEFAGO:
Funny thing 10-15 years ago ajah and the lekki area was a swamp. VI and Ikoyi was where the rich people lived. Then due to overpopulation in these areas (Where do Nigerias honestly get money to pay for these stuff?) rich people moved to lekki phase 1. Some smart people bought large amounts of land in the deep parts of Lekki and Ajah and then property boom just came along and they made a killing, setting up real estates.

Like land was going in the Lekki-Epe area for as low as N150,000-200,000 per plot and then is currently in the high millions. Imagine the perspicacious people who bought those worthless plots of land.

That is my general impression. . . real estate speculation and property development seems to be one of the better things to do in nigeria. Based mostly on what I've seen in Abuja though; I'm not familiar with the Lagos market.

lol @ Ralph Lauren for the lower classes.

Too showy for me. I'm in some sort of generic t-shirt I bought from Target right now

buzugee:
you better have 140 trillion naira to buy land in ajah. look at this http://nigeria-property.com/africa/nigeria/lagos/ajah/realestate    

I'd rent if possible rather than buy. Not sure it makes sense to tie down lots of capital?

SEFAGO:
Wow so you will not die for nigeria?

I love and bleed green white and green.

I mean the currency of course

Me, die for Nigeria? Musta confused me for some other dude. Not even willing to take a pay cut for Nigeria, at least this early in my career   Name of the game for the next 15-20 years is accumulation of wealth.

mnc=multi national corp

Trying to plot my return, yeah. Just want to do it in a way that allows me to have the same salary as I can get here. . . not really interested in a pay cut

Money sweet oh

How is that even possible? Kwara was classified as part of the North. Surely Jarus's town (Offa) had at least several college graduates by 1950.

What of teacher's college grads?

^--- If you find 100s of billions of barrels of oil in Kanuriland, the next day I'm sure you guys will declare a Kanuri Republic

This "tribal party" slander is foolishness.

[quote author=Ileke-IdI link=topic=604168.msg7724138#msg7724138 date=1297618621]Why should anyone even entertain the thoughts of Soyinka being NIgeria's president?

What presidential qualities has he shown to possess? Apart from starting an unsuccessful party, then quitting Nigeria's politics (assuming that he was even that important in it).

People have been so mentally and economically harassed by disloyal Leaders, that they now concentrate more on the integrity of the person, and less on his experience and qualities he posses to lead a popl. of more than 150m people.

Let's not focus on his integrity or his loyalties or kindness, really that alone cannot help a country. Scripting a few words in poetic structure does not grant one the ability to lead.[/quote]Well said!

^---- Underemployment might be the issue, perhaps? Maybe the raw employment rate in say State X is very low, but the # of hours worked, or $/hour isn't as much as say some southern state with a higher unemployment rate.

I vaguely remember reading something about this (underemployment, that is) in a report by some international agency regarding Nigeria. Don't have the reference handy atm though.

PhysicsMHD:
Ok, but this doesn't seem to be about whether Bayelsa is under-performing to a great extent, but that they are apparently the most under-performing. Why aren't the apparent unemployment rates of Akwa-Ibom and Rivers attracting the same condemnation, press, and commentary when they are apparently troubled states as well? Where are their ACN political announcements?

Well, certainly being dead-last despite being a major oil-producing state is more compelling from a news perspective than under-performing.  Though ultimately it doesn't seem to make much sense to use media coverage of the survey itself to then judge how valid the survey is, right?

I'm also skeptical of how they found out that Bauchi, Katsina, etc., just so happened to be slightly (1%) better than Bayelsa.

I wish they published their methodology and the dataset they compiled so these questions could be answered.

Also, it seems entirely plausible that a state that may actually have an awful unemployment rate was given a great unemployment rate in those statistics.

And just as plausible that any systematic errors in fact understate unemployment.

Nassarawa state has one of the lowest GDP's and GDP per capita from available data but somehow has one of the highest employment rates? What's going on there? What are they employing them to do there?

I know there's a lot of activity in Jos, but what's in Nassarawa, exactly? If someone can tell me what's going on there that they've got it so good, I will take back all that I said.

From what i understand, one of the better farming states in the nation.

Also, what's going on in Kebbi?

I think they got the real data, and then jumbled a few states about a little bit in a random manner, to downplay a north-south divide.

An interesting hypothesis. Sorta wonder why "they" would do it in such a way to make the VPs state look terrible, though.

PhysicsMHD:
What's going on in Nassarawa, Kwara, Niger, Kaduna, Kebbi, and Zamfara?  Who's employing who, and for what?

Is unemployment in Akwa Ibom really comparable to that in Bauchi? 

Do you really believe these statistics?  Or are you just joining in on the "sh1t on Bayelsa" parade? Answer honestly, please.

Hard to say without seeing the methodology used. And even then, this is an area of statistics I've not studied at all. So I'd need to spent some time understanding the field a bit.

However, assuming that their methodology is valid, then the overall conclusion (that Bayelsa is under-performing as far as employment goes) seems reasonable.

Assuming that the methodology is good, seems unlikely that there is enough error/systematic bias to make a state with a great employment rate actually measure out amongst the worst. Unless someone in that department is purposefully fcking around with the stats to make Bayelsa look bad. . . something that seems a bit implausible.

Katsumoto, my economist friend agrees almost entirely with your sentiment about how dollarization is not the answer (emailed her a copy of your post.) I stand corrected.

Rest of the stuff regarding innovation I stand by, though.

[quote author=Kilode?! link=topic=604046.msg7721932#msg7721932 date=1297574670]^^ interesting, they once employed Torvald? Anyway I wish the Chinese IP exporter goodluck accessing a market created, controlled and dominated by US philosophies and driven my US media.

Businesses need to pay homage to these people to succeed, they don't just have the money, they are the high priests of the world we live in. It's not too hard to see why china is just a factory for American products and ideas, it will continue to be until they acquire the power to dictate trends and tastes. I think it's called hegemony.[/quote]This is too abstract, man

Let's talk a bit more concretely. A company like this: http://www.phusion.nl/

Basically was based upon the work of a small # of very good coders (Asian guys based in Europe.) They found an existing area of need, wrote a solution (http://en.wikipedia.org/wiki/Phusion_Passenger), and have now built a company around it. It is thriving and doing well, a lot of popular websites today use their technology. How is hegemony negatively affects their business?

You can start the same thing anywhere in the world, so long as you have good people.

That is why I keep emphasizing that patents are not the important thing, so much as good people. So long as you can generate new ideas and solve problems that people care about, you can innovate.

Now, does this mean you'll be on the level of a Google, Microsoft, Intel, etc? Probably not. But you can still do pretty well even by conquering certain niches.

This can be done even in Nigeria, with good power supply and faster internet access. No government is going to oppress you and "corrupt" away your business.

GAR3TH:
construction pics in the link below

http://www.skyscrapercity.com/showthread.php?t=866324

If anyone has any updated pictures, please share, much appreciated.

Pictures on the link above are very impressive.

lastpage:
This "REMINDS" me of the M.K.O ABIOLA Vs. BASHIRU TOFA debate on NTA under the "unending" Transition Programme of Ibrahim Babangida (Then Head of State of the "Step-aside" fame    ) in the early 1990's

It was that debate that "exposed and finished" BASHIRU TOFA

If you think GEJ is not soo-smart, then watch-out!

HE WILL NEVER ATTEND A DEBATE LIKE THAT!

Fashola would cook GEJ in any debate. T.K.O.

[quote author=Kilode?! link=topic=604046.msg7721836#msg7721836 date=1297571866]Intel or any of these big American corps are not stupeed. They know how to keep their talents in America, maybe a few outliers or outright chinese tech spies will leave and return back to China. But majority of these folks will remain Americans strengthening that Yankee advantage because they've bought into American ideals and philosophies.[/quote]It isn't really "tech spy" that is the issue. It is more your smart engineer who decides he wants to go back home and raise his kids in China, or something. If some Chinese VP or lab head at Intel decides he wants to move to China and start a company, he can do so.

Doing tech stuff isn't impossible or black magic. You go to school, learn about certain things, then start playing around with your own designs, see how well they perform. Really isn't that hard. Of course, there aren't that many countries that have the manpower, educational infrastructure to quickly build a giant. China however is one of them.

Here is a processor company I used to follow a bit back in my nerd days:
http://en.wikipedia.org/wiki/Transmeta

Was based in America. But starting up the equivalent in China shouldn't take more than 50 or so well-trained engineers.

Ok I'll take that second paragraph to mean that we can't count on having you in our corner when the chips are down shey?

What about Odu'a republic? Can we count on your loyalty? 

Lol, I'm loyal to both Yorubaland and the US. Latter has done a lot for me in my life, so I cannot ever forget it. However, Yorubaland will need me more over the foreseeable future a lot more than the US will.