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Politics / Re: Nigeria’s Richest Household By Zone by horsepower102: 8:35pm On Dec 16, 2023
Based on the first and second post, anybody with half a brain knows that Igbos control the richest household in Nigeria.

The data from the south west includes Lagos which has a lot of igbos living there as middle class.

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Politics / Re: Nigeria’s Richest Household By Zone by horsepower102: 8:32pm On Dec 16, 2023
Latest data show South east states are the least in poverty. Compare 2018 vs 2022

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Politics / Nigeria’s Richest Household By Zone by horsepower102: 8:27pm On Dec 16, 2023
I hope this gives clarity to some people who argue blindly on this forum.

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Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 5:00pm On Dec 16, 2023
Bumping for those who don’t know since this thread will not make front page
Politics / Re: 5 Things You Don't Know About Imo Gas by horsepower102: 4:59pm On Dec 16, 2023
Imo State is the second biggest State Economy in Nigeria after Lagos

1 Like

Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 5:06pm On Dec 15, 2023
LOVEALAIGBO:


I remember Okorocha was governor when Shell decided to invest in a gas plant in the state. The MD then, Sonmonu, paid him a visit. I don’t know if that’s the present ANOH one being talked about.

Yes that was it. I remember too. Also more investment could have come into Imo state if okorocha didn’t mess up on something’s. I have heard some stories
Politics / Re: How Imo State Supplies Gas To Lagos State by horsepower102: 1:28pm On Dec 15, 2023
obiekunie01:
HONESTLY I AM SO TIRED OF THIS CONTRAPTION.

I really think its time every igbo man from all nook and cranny of this cursed entity come together and fight for a full blown breakout.

WE SERIOUSLY NEED TO BE OUT OF THESE FAILED CONTRAPTION.

We will be so rich as a nation of our own.

WE NEED TO BREAKOUT BY ANY MEANS POSSIBLE.

Ndi Igbo, We need to breakout of this contraption.

We will get to that point if corrective measures are not taken sooner. The seed of division is already planted through the years of injustice against Igbos.

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Politics / Re: How Imo State Supplies Gas To Lagos State by horsepower102: 12:58pm On Dec 15, 2023
IamAtikulate:

Drop the link, lets pepper them.

I have never seen people so f00lish. Imagine living off Igbo gas and you are busy demolishing Igbo properties. Yoroobers need wisdom.

This is the thread that I personally opened in 2020

https://www.nairaland.com/5881934/imo-state-gas-been-supplying

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Politics / Re: How Imo State Supplies Gas To Lagos State by horsepower102: 12:56pm On Dec 15, 2023
IamAtikulate:

Drop the link, lets pepper them.

I have never seen people so f00lish. Imagine living off Igbo gas and you are busy demolishing Igbo properties. Yoroobers need wisdom.

See this thread from 2020

https://www.nairaland.com/5880981/why-fg-pumping-gas-imo

4 Likes 2 Shares

Politics / Re: How Imo State Supplies Gas To Lagos State by horsepower102: 12:46pm On Dec 15, 2023
KingKO22:
Is this one crying or wailing 🤣😂


Are they doing it for free ?


As a matter of fact
There is CNG gas distributor company in Lagos and Ogun state as far back as 1999

I have personally worked in a CNG company in Abeokuta and we distribute to many states but ignorance and bitterness in the brain of IPOBIDIENTS think all the gas in Nigeria start from Imo

Backward never

I have opened a thread in the past with reference to an article showing how gas from imo state is powering Lagos. Either around 2019 or 2020.

9 Likes 5 Shares

Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 10:08am On Dec 15, 2023
[quote author=Objectivist04 post=127493801][/quote]

Because Imo surpassed all of them to get to where it is today. I have been tracking this for years. That’s why I included all those states.

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Politics / Re: Expect Imo State Economy To Almost Catch Up On Lagos If They Have Good Hands. by horsepower102: 8:12am On Dec 15, 2023
PureFace1:



I can see you are a quack economy professor

How does foreign investment kill local currency and economy ? China is what it is today because of foreign investment, part of the reason why China can't easily confront the West is because their economy is tied together.


And Anambra economy is not really bigger than most south west state because Ogun, Ondo and Oyo is matching it bumper to bumper even without Lagos.

There must be another meaning for bigger in your world.

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Politics / Re: Expect Imo State Economy To Almost Catch Up On Lagos If They Have Good Hands. by horsepower102: 8:02am On Dec 15, 2023
PureFace1:


Which south east state have higher GDP than most South west state apart from Imo state because of the Gas and Oil in the state

Anambra

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Politics / Re: Expect Imo State Economy To Almost Catch Up On Lagos If They Have Good Hands. by horsepower102: 7:47am On Dec 15, 2023
Nigercity:

You just sounded like an illiterate
Go through the thread you will realise you are the only one ranting
IGR and GDP are too different things
South West is still they most indebted region in the country despite having high i.g.r ! The even borrow to till build airport and other things
Unlike Anambra that built an airport without borrowing
Also only an illiterate will start yelling about Igbos migrations!
Because using Google map
All are statics available will tell you that south east is the most dense populated region in Nigeria,
(Go and verify) if you actually understand the meaning of population density!
Anambra alone is the second most dense populated state after Lagos, so is only natural if south easterns migrate!
Also not everyone is leaving south east
Like you myopic people in South West imagines,
fact check, use your phone open Google map, you will realise that the biggest built up urban space in Nigeria is onistha metropolis which have almost being merged with Owerri in far away IMO as one city! (Technology is always available to verify this fact)
I wonder why
You all thinks that all Igbos are outside South East

They have no idea what’s coming. Lol

5 Likes 1 Share

Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 7:41am On Dec 15, 2023
Abagworo:


One thing I've come to learn is that there is merits and demerits in whatever a leader seems to focus on. We may call it opportunity cost so Uzodinma isn't a bad leader except that he made critical mistakes during the early stages of the insecurity that has made it difficult for him to resolve. His focus is more on using his good relationship with Government at the center in reconstructing the link roads connecting Imo to other States. Okorocha's focus was different and his Presidential ambition made his party APC starve Imo of federal presence unlike Uzodinma that has no such ambition.

Uzodinma if he is wise should organize amnesty program like okorocha did to resolve this security issues.

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Politics / Re: Expect Imo State Economy To Almost Catch Up On Lagos If They Have Good Hands. by horsepower102: 7:31am On Dec 15, 2023
Nigercity:


There's nothing like Igbo here
Because both state have indigenous Igbos, etche is both in IMO and rivers, hope uzodinma village ohaji is also in IMO and rivers, including omuma,egbenma! Let's not even add ikwerre to the conversation! (All divided by borders)
The augrement here should be the two states no need for bringing ethnicity!
Then back to the augrement
Rivers will have a higher i.g.r than IMO state by far because of the presence of large international oil companies there, including shell, agip, chevron e.t.c
But in terms of GDP, am not too sure about that
Because Production in rivers state is stale!
Almost every thing sold in rivers state comes in from ABA in Abia state!
Infact nah rivers, Bayesla and akwa ibom
They patronise ABA pass every other Nigeria state because of it's proximity
From ph to ABA is less than 45 minutes drive excluding bad road! (It's less than traveling from one part of Lagos to another part of Lagos, or traveling from kuje to wuse all in Abuja)
So rivers due to it overdependence in Abia for goods Production is likely to have a low GDP!
But surprisingly there GDP is still not bad compare to those in South West
Who depends on Lagos for almost all goods and services!


Well said. Rivers and Imo have communities split by fake borders.

People in port harcourt come to owerri on the weekends to have fun.

7 Likes

Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 7:23am On Dec 15, 2023
Abagworo:


You're not informed so argue with room for learning . Imo has always been high in GDP and the oil and gas has been on for a while. Uzodinma's government reduced the economy following their failure in securing the State and assure visitors of hitch free stay without fear.

God bless you. If anything uzodinma is benefiting from the work okorocha did to attract more oil and gas investments like seplat and waltersmith. Also it was okorocha that opened up new owerri which has developed today. Uzodinma cannot take any credit for what others have done.

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Politics / Re: Expect Imo State Economy To Almost Catch Up On Lagos If They Have Good Hands. by horsepower102: 7:17am On Dec 15, 2023
Nigercity:


Poor in which investment?
Anambra has more indigenous investment per month than any Nigeria state, Abia and IMO of recent is currently doubling up in investment

Unless you are talking about foreign investment, where Lagos,ogun takes they lead
And it's somehow bad because it's killing our local currency,
We should encourage local investment, local production and exportation to grow our economy!

For security
Insecurity in South East is overhyped by media, unknown gunmen only attacks rural part of imo and Anambra and have almost been flushed out of lately
Enugu and ebonyi, including ABA and umuahia part of Abia are one of the safest states in Nigeria!
Reason why different show and cultural festival are being held in Enugu of lately!
Then for i.g.r
Common sense should tell you that over 90% of companies in South East are indigenous, hence a little or no taxes are been paid
You can goggle it
Some years ago Abia state government announce 5 years tax waivers for there indigenous investors
Ask yourself why most south east states have more higher GDP (which is a real index for measuring development) more than most south west state
Despite south west having more i.g.r
They are still the most indebted region in the country!!
If you like giving yourself hope with I.G.R

When Nigerian police released their mid year data on insecurity, the same south east was the safest zone..

7 Likes

Politics / Re: Expect Imo State Economy To Almost Catch Up On Lagos If They Have Good Hands. by horsepower102: 7:15am On Dec 15, 2023
Workch:
Well, I can't redeem you since you already think that federal government owns the gas plants.

Theres no way to help you

They guy is just in pains. He is trying to console himself.

4 Likes

Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 7:13am On Dec 15, 2023
nedu666:



Which imo state. The one in Nigeria or the imaginary one

Yes the imo state in Nigeria. Anyone watching things going on for the past 10 years would not be surprised. Despite poor leadership and insecurity, imo state economy has been doing well.

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Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 7:07am On Dec 15, 2023
BeautifulMind2:

Haven't you noticed that in this forum only fabricated IGR by governors make front page not GDP, I have created different threads on states GDP from World bank and NBS it didn't see front page, they enjoying deceiving themselves with IGR that doesn't measure economy, imagine celebrating high IGR still borrow to pay salary

Reality has a way of waking people up. They are in for a rude awakening.

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Politics / Re: Expect Imo State Economy To Almost Catch Up On Lagos If They Have Good Hands. by horsepower102: 7:05am On Dec 15, 2023
Workch:
Imo state is now the second largest economy in Nigeria after Lagos state. It's not surprising since Nigeria has been investing a lot in gas production recently and Imo state is the largest gas producer in Sub-Saharan Africa.

Imo state just surpassed Rivers and Akwa Ibom to become thr second largest economy in the country because of this. We expect the figures to froglip the moment seplat and Shell gas plant, both with almost $3billion start their operations. The level of economic renewal this will cause for Imo state will be overwhelming.

This is why APC wants to keep Imo state by all means, Imo state is the future of Nigeria and whoever controls Imo state will get the money. Oil is becoming stale, Rivers and Akwa Ibom will gradually be come irrelevant in years to come.

Another state where I expect to see growth in economy is Abia and Anambra state.

The only thing IMO is lacking now is visionary leadership. Once they get it right, it will permanently change their trajectory.

4 Likes

Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:59am On Dec 15, 2023
Philistine:


Congrats! You guys should continue to spread lies and falsehood since it will masturbate your deflated egos. Once again nobody takes you guys serious again, your repeated lies have been bursted several times.

https://budgit.org/wp-content/uploads/2023/10/2023-State-of-States-updated-.pdf

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Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:54am On Dec 15, 2023
Workch:
I computed it. Me and my boys in Aba

🤣🤣🤣

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Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:40am On Dec 15, 2023
Philistine:


Budgit never released those computation, it was released by ethnic jingoist like yourself, kindly show us the $ computation from Budgit office.

Yes of course. I forced them to add it in their presentation.

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Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:32am On Dec 15, 2023
Philistine:


Which authority converted to naira? GDP is usually computed in US $, moreover, IMF put Lagos GDP at over $120bn as at last year, but the shows much less in naira. The total GDP for Nigeria according to International bodies is over $400bn, but the table shows much less, you guys should stop misleading the public with your false stats.

take your case to budgit.

Multiple treads have been quoting them on nairaland as source. No problem.

When the one you don’t like came out you started attacking me. Abeg shift.

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Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:26am On Dec 15, 2023
BeautifulMind2:

In real sense it benefit the citizens, Akwa Ibom with large GDP, you only see that in state government spending not the citizens, an average Anambra or Abia citizens control their GDP, that's why the government of Anambra and Abia are finding it difficult to generate more IGR, the citizens are far richer than the state government. Expect both state formal sector grow to that of Lagos then they will have enough IGR to match up

GDP needs to be accurately captured. There are real consequences for informal economy. It affects investment drive. Maintaining informal economy will make you look less attractive to investors who don’t know much more than what they see on paper.

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Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:21am On Dec 15, 2023
Philistine:
Nigeria's GDP is over $400bn dollars, while the table shows much less, the info is incorrect.

The table is in Naira denomination not dollars. That was my original mistake in the previous thread that I opened.

8 Likes

Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:15am On Dec 15, 2023
Supremos:


Imo is N8,452,776,534,748 how's that 3 position, while from the table there Rivers state is N8,2..... abi I'm not seeing well?. 😂 Imo is second not 3rd

I fixed it already before you sent this

I misread rivers state. My eyesight is betraying me.

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Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:03am On Dec 15, 2023
BeautifulMind2:
Rivers, Delta, Imo, Akwa Ibom, Ogun, Oyo all belong to formal sector, while Anambra, Abia are control by informal sector, in my opinion informal sector benefit the citizens more than formal sector, informal sector enrich the citizens while formal sector enrich the state government.

I Disagree, it’s time to formalize everything in both Abia and Anambra. It affects investment decisions by investors. It’s time to leave 19th century thinking and enter 21st century.

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Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 6:01am On Dec 15, 2023
BeautifulMind2:

Once Seplat gas project start operational is will boast Imo GDP more

Anambra just started mining oil so it will take some time before the numbers start reflecting in their GDP. Unlike Imo, Anambra gas hasn’t been touched.

Abia is working on a gas processing facility investment from what I heard from an insider.

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Politics / Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by horsepower102: 5:48am On Dec 15, 2023
SoNature:
I didn't download and go through the PDF file.
So, could you give us an idea of the methodology used to arrive at this conclusion?

I have repeatedly maintained that the only stats I trust in Nigeria are air traffic, crime rates and IGR. Everything else is based on questionable estimates.

It’s from budgit which got it from world bank.

14 Likes

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