₦airaland Forum

Desyner:
Typical textbook insight. Nigeria is one of Africa's poorest nation on a per capita basis. Investor come here because there is huge market and by proxy, profit to be made- population that goes to Abuja every 30 day is not a good or properly oriented one.
We saw how the states were bailed out by the FG some 12-24 months ago. And that's because the populace is feeding on the FG instead of the FG being feed by the populace.
In a developed and well oriented society, population is good but not in Nigeria, professor mapet.

Hi Desyner,

Have you completed your NYSC yet?

How is my submission different from the highlighted....... hmmn! I understand your limit

Statsocial:

Desyner: :
They can contribute but they hardly do.

Sometimes I wonder how far this nation would have gone if it was just SS/SE/SW-though they have their differences but they would have fared far better together than this current arrangement. When we pull our natural, human resources and intellectual worth together we would have been on cruise right now. South Africa might even ve a learner.

I just see Northern Nigeria as a burden or yoke on the South. We would always have to drag the North along. And you know how hard it would be dragging something bigger than you forward. You would move at snail speed! If the North was smaller it would have been easier but they are to big to be redundant without pulling everyone down in all spheres.

And since we can't have a secession it is important that we create very "Independent States" where Abuja is thoroughly deemphasized and the states have their resources to each develop at its own pace.

I also try as much as possible to shy away from ethnically laced and not well articulated arguments like this. There is not guarantee that SS/SE/SW's cohabitation will serve better economic prosperity and peace. Pray tell, how is kidnapping, pipeline vandalism and violence in the south any different from Boko Haram in the North? The North you so deride is actually the food basket of the producing South. The not too long ago "tomato crisis" gave us an insight.

Let me share a personal experience. I had an interesting conversation with a top NPA official on why our inland ports are not working, especially Warri, Calabar etc. After the man put me through the geographically arrangements of our waters, a major challenge many of these inland ports face today is security. Warri is a major crisis period. He said no ship will dare go south, when Warri waters are badly reputed for attacks by youths, pirates and cults.

These numbers are skewed this way because on the balance we are more import oriented than export. If our agribusiness revolution hits an ante, you will see the pattern skewing and SE will be the least (if not for Oil, SS would have taken that position). SE/SS should get "house" in order and promote peaceful and enabling environment for business to thrive. This is what drives the numbers up for Lagos

Statsocial:

Desyner: :
Nigeria is a nation of potential that's rapidly being neutralized by population even before the potential comes close to being realized.

Lol you are right.
Me actually thinks that a less socialist drift would give Nigerians reasons not to give birth to many kids. If we continue at this rate funding higher education, healthcare would become a very very serious problem in the future.
I imagine what Lagos would have been if it had, say just 5 million people.

I'm afraid it's not that simple. Except you both can back up your "population logic" with veritable stats...........

Population is one of the advantages the Nigerian economy has that is under exploited. Why do you think investors especially comodity businesses looks towards countries like Nigeria? Why do you think for example Thailand rice mills which are fast loosing their revenues as export to Nigeria is almost being wipped out, are relocating those rice mills to Nigeria?

Do you think if Lagos is just 5 million people, do you think Lagos can generate 10% of the current IGR? Think of how much Lagos generates from its high population - Land use charges, consumption taxes, License renewals, PAYEE etc? Why do you think Lagos have that monstrous weight to borrow like crazy to fund their infrastructure projects? Lagos does not have natural resources that commands commercial value to make a 5 million people economy that prosperous. Lagos thrives on commerce, and population is a major catalyst.

Abba Kyari @ background...... This guy's medal cabinet must be full

Fawklicant:
Easy on the adrenaline. I said in my opening post that I wasn't going to participate in the debate because I don't have the strength now for the likes of you who want to force everyone to share their opinion or be labeled ipob. It doesn't in any way mean support for any side of the argument.

The fact that you call his assertions unintelligent without providing answers to the questions he posed puts your understanding of his points in question.

You said no single story is supreme yet you are blackmailing him into accepting your words as law without any reasonable counter argument being put forward. You'd do well to respond to the arguments he raised so that others can learn and not waste your banters on an innocent bystander like me who is only here to observe.

It's a debate bro, not a constitution.
It is said that "The truth is a lie in contest, it all depends on which side prevails. "

Bros,

Without wasting time and energy, his assertion is unintelligent, not fact based, near myopic and regurgitating ill-conceived logic.
1. He first attacked the project as unnecessary. When he was shown "reasons" and nexus between capital infrastructural projects and attraction of investments, then he went on beating the bush trying to manipulate his earlier flawed premise

2. His assertion on the volume of vehicular movement in Osun is to say the least a ridiculous lie. Did you miss that? He claimed to be an indigene of Osun, yet his lies just shows that the closest he's gotten to Osun is on Nairaland.

3. He seeming analysis is shallow. He proposes Aregbesola should toll a road built on an already built Federal road? He wants him to toll a road when the objective is to attract "traffic", especially movement of agric products to access markets in other state. Someone asked him, how do you expect investors to come to a state with no infrastructure.

4. His contradictions are epic. His qualifications of Osun as a "poor" is based on "IGR". Meanwhile a recently published stats shows Osun as the 2nd "net wealthiest state". No wonder some people's literacy has never gone beyond nairaland. He gave examples of Lagos, yet conveniently forgot to mention that the same Lagos under Tinubu (with Aregbesola as commissioner for works) started the resurgence of it's economy basically from putting infrastructure in place.

No one is blackmailing him not to make his points. When he comes into a public domain and makes arguments starting by falsehood and half-baked analysis, you expect we sheepishly applaud him?

shervydman:
Anybody that answers this y0ruba again is jobless...... the guy's not making sense at all. I SMH for him.

I agree with you 100,000 %. We just have to make comic relief of dead brains like him

Goke7:
with their school fees, it should never be

By my guess, school fees probably accounts for 50% of LBS's uptake. If you also factor LBS's foundation and others that come from corporate support and executive

Prinzyy:
shut you mouth, all the boards are igbos and foreigners hahahah skull miners no dey their board. Lagos is a no mans land.

It's humorous to have a semi-illiterate like you in a discussion regarding LBS

Prinzyy:

agbarisocket: :
FLAT HEAD SHOULD BE DECLINED TO THAT PLACE IF NOT THEY SPOIL THE PLACE WITH THIER BAD LUCK,

the school is owned by flat head.

Wrong. The school was founded and owned by African Leadership Foundation.........and not any flat head in your imagination

Kendroid:
Building new structures has never been our problem in this country, Maintenance is!!!

Maintenance has NEVER been LBS's problem

LilSmith55:
Die, Pass Away. Die, Die, Die Pass Away... why always die hahaaaa kilode... everybody wan give 2018 prediction, no be by force oooooooo, why dey neva see rise of millionaires and billionaires, people making it,.. All dey see is about death...

I been tink say na only me see am

chachauche:
Do buhari ever commission anything Fed govt project in the the Southeast or south south states?what happened to the Trains that were running in the Southeast before he became president?.

.....and where did those "trains" "run to"?

docadams:
Guy accept the truth even if it gives you headache.. The guy just told you the truth.
The South- South leaders/politicians are the major cause of the region's problems. I don't know your state of origin but Delta state where I am from
Ibori took over the local Schlumberger through intimidation today the local company is no more.

In the 80's/90s Warri was teeming with whites but today you can hardly see one.They are all gone for fear of being kidnapped.

Shell and Chevron had major presence in Warri and Ughelli(for Shell only) in the mould of regional headquarters in the 80s/90s They were the backbone of the local economy which was booming. But due to heighten criminal activities ,Shell completely moved out of Warri. Instead of the governor then(Uduaghan)to engage Shell in dialogue he chose to participate in scrambling for the properties Shell was leaving behind.

Same goes for Chevron which left only their medical facility for the families of its staff still in Warri following repeated cases of kidnapping harassment from community youths Funny enough the citizens didn't realise the implications of their actions. Today, apart from these relocation by this oil companies, the oil services companies have all closed shops. Ladies that used to indulge in profitable small scale business are now into sex trade.

Today instead of the oil companies being major employers of labour, KEKE NAPEPING now is.

:claps for you

This is another major reason, but shallow minded people will refuse to face this reality

I am surprised that the governor is making ridiculous gaffes.

1. NNPC has 4 zonal offices - Lagos, Kaduna, Warri & Portharcourt. The Niger-Delta has 2. This ideally will account for all the zones under each region

2. DPR has a Zonal Office in Eket

Department of Pet. Resources,
6, Ekpene Ukpa Avenue, Eket,
Akwa Ibom State.


3. The coastal Railway whose negotiation is currently being finalized has as phase1 passing from Calabar - Uyo-Aba - PortHarcourt. Is it that he's oblivious of these information.

Ekealterego:
Be it far from me to hate but this "report" from Financial Derivatives company is an insult to all the people who taught Economics.
How do you measure wealth? Wealth is measured by these indices: GDP per capita and GDP.
However some other indices like personal income, distribution and people living above poverty line is also great.
Then of course I checked again to see who compiled the list, then it was a small private consultant in VI and ALL in board members and 99% of the staff are from that region. Just Google them. If they had said Ogun state, I would understand but poverty ridden Osun, common!

Bros,

Pls learn to say nothing, than make gaffes that make you come out more idiotic. Bismark Rewane the CEO of Financial Derivatives is one of topmost Economists in Nigeria. He has made his name before you ever made it to school.

@bolded, it is also stupid to tell lies in public domain. Pls provide the link to the staff and board members of Financial Derivatives

naijapips04:
did you read my beginning post? the point of the thread is to show that our exports have gone down since buhari took over.

are you disputing that?

what does increase in Tin port export mean in the bigger scale? what exactly are you yapping about?

Secondly, did you just decide to appear daft for the fun of it? The stats you so boldly quoted had explanations in the link, yet, either by ignorance, self-delusion or comprehension deficit, you chose to ignore it.

Exports from Nigeria jumped 69 percent year-on-year to NGN 1287.2 billion in September of 2017, mainly boosted by higher sales of crude oil (69.4 percent); other oil products (53.8 percent), manufactured goods (23.4 percent), raw material (617 percent) and agricultural (160 percent). Main export partners were: India (17.4 percent), the US (13.9 percent), Spain (10 percent) and Netherlands (6.8 percent). Considering the third quarter of the year, exports increased 53.9 percent. Exports in Nigeria averaged 383477.30 NGN Millions from 1981 until 2017, reaching an all time high of 2648881.76 NGN Millions in December of 2011 and a record low of 322.93 NGN Millions in February of 1983.

My concern is not you or your limited capacity, my concern is the foolish ones you're leading astray with your crap.

naijapips04:
did you read my beginning post? the point of the thread is to show that our exports have gone down since buhari took over.

are you disputing that?

what does increase in Tin port export mean in the bigger scale? what exactly are you yapping about?

Did you read the same topic you created? It says "Agro exports..." You mean you created a topic called Agro export and used another data (Nigeria Export) "make a point"? Is that not the height of ignorance?

Is it that you do not know the difference between Agro export and any other export ? Or where you under "the influence" ?

naijapips04:
puppet mapet. The truth is there in black and white. Are you doubting the data or what? what is your grose?

The truth is, Buhari is a chronic failure who would never ever measure up to jonathan.

1. Am I doubting the data? Why should I doubt a data that you misapplied and you're confused about?
2. What's my grouse? None. Had you demonstrated "basic intelligence", I would have been concerned about (1) above

naijapips04:
I'm putting out the truth out there,

The "truth" that you are putting out is simply how shallow you are

naijapips04:
Shattap there. What you zombies were trying to insinuate by positing that story is that our economy is better and buhari is doing great. Look at the comments from zombies on that thread. I'm reacting to the story beneath the story. The truth remains that buhari is under performing Jonathan in all aspects. No?

So that is you grouse? and you decided to either be disingenous, economical with facts and demonstrate shallow mindedness by being incapable of using the right data and even misinterpret even the wrong data that you choose to use? I see that you belong to the GEJ's clueless clan

babadee1:
That was already proposed since Tinubu's days as governor. In fact the CEO of a major American energy company (I believe it was Enron), came to Nigeria then to negotiate the terms of the Lagos state independent power project but the Federal Government shut it down till today.

This may not be totally correct. Tinubu's govt in partnership with Enron & Yinka Folawiyo actually built that IPP back then. The challenges they faced were many, some of which include
1. The output went straight to the grid and Lagosians hardly benefitted from it. I guess that was why Fashola concentrated on building IPPs that fed directly to local infrastructures
2. The unit production cost of power was way much higher than the market price, and FG was hesitant to subsidise
3. OBJ never wanted that project to see the light of the day. I think it was the phase 2 of the project that he killed. Word on the street had it that OBJ mentioned to a confidant that if they allow the phase 2 to come to life, PDP's aspiration of taking over SW is toast

MrMcJay:
Hahahahahaha

NBS would finish their fadas. That Bureau is a pain in the butt of liars.

so what has the bureau said on rice? I thought you would have posted that to boost your "point"

naijapips04:
You are the dumb one here.

what's my business with Agro exports through Tin Can ports? what does that boil down to in the bottom line?

it's like GTBank hailing customer retention in ikeja branch. Is that what they are going to report to the board when its time to share profit?

we don't care if Agro exports through Tin can ports have increased man. It's the bigger picture that matters. How are we performing overall on exports.

This government is so drained of achievements they they would celebrate anything.

Responding to empty heads like your type is at the risk of a waste of valueable time. Let me make a last attempt.....if it's of any value.

1. The story was from Tin Can port reports. See below....that's if you can read and process it

Tin Can records 150% increase in agro exports
Anna Okon

A total of 161,285.72 metric tonnes of agricultural products were exported through Tin Can Island Port in 2017, representing over 150 per cent increase from the 55,000 metric tonnes processed through the port in 2016.

The Area Controller, Nigeria Customs Service, Tin Can Island Port Command, Yusuf Bashar, who disclosed this, said that cocoa topped the list of commodities exported through the port last year.......

https://punchng.com/tin-can-records-150-increase-in-agro-exports/

2. You pasted a stats/graph that has almost no bearing with what was reported in context. You graph is about total exports. It is interesting that you do not even understand the graph you pasted, neither do you understand the context of the increase in Agro export (obviously by your lame responses and ridiculous GTBank analogy).

3. Some of you need to lay low as you're needlesssly demonstrating ignorance "at the speed of light"

regards

OP just showed himself as dumb. The statement said "Agro exports through Tin Can port", you came up with a chart that showed "Nigeria Exports". I don't know how some of you are bereft of sound comprehension. The chart you showed represents total exports of which Crude oil makes the most of it.

doctokwus:

today of: It's not always about propaganda. You said the price won't get less than 145 if Dangote refinery commence work and I showed you an instant of a filling station that refines her self and still sells at #143.

Now imagine Dangote refinery with up to 650,000bpd. A local refinery definitely cuts

I am therefore asking you, where is the oil this magical station is producing and selling at N143.
By the way,I am not aware of any local refinery that has started operation,so where is this Bovas refinery and how come there is still scarcity even in their area of operation,assuming you even understand what you are typing.Refining is different from sourcing or buying if you don't know o!

While I also agree that @tdayof's submission of Bovas refining their oil and selling is hardly correct, it's important to backup your "in for a shocker" assertion with veritable fact and economic analysis...... Or should we take this as another typical NL "chest beating"?

agabaI23:
If you had you won't have been excited the alleged forgery issue which has a counter already.

Bros,

I am not interested in this NL's "childish sentiments". When Innoson & GTBank keep kissing and making up, you will understand

agabaI23:
There are dates and case numbers. They are verifiable if you want to.

Rest assured, I have sufficient information and argument on both sides. I find the flow of discourse on NL on this issue as childish and not intellectually stimulating enough, so I have restricted my comments.

With this video, I am disturbed that Majek is still in the wrong hands

geometricaxis:
It is one thing for unemployed youths and Nairalanders to play the victimization card but when the wife of a prominent, wealthy and successful business man responds to the arrest of her husband by asking is it because we are Ibo, it tells you the victim mentality is pervasive. You forged documents, they arrested you and you say it is because you are Ibo. Mind you same thing happenned when Ifeanyi Ubah was arrested for diverting NNPC fuel.

Tomorrow they will say they want Ibo presidency, are you seeing why it will never happen?

Bros,

When I watched the video, I could not believe the woman would make such a ridiculous statement. I am tempted to believe that the "strategy" to whip up ethnically-laced sentiment actually started from Chief Innocent Chukwuma and his family. This is why during an arrest police reads you your right, especially the parts that tells you ".....anything you say will be used against you in the court of law"

Secondly, two wrongs don't make a right. The EFCC official that retorted in the affirmative (either as a cynical comment or otherwise) is also unprofessional. The slap (if true) is uncalled for.

agabaI23:
You just dashed him God's blessing without counterchecking just because his positions fits what you want.

Bros,

There has been many versions sponsored in the media and social media on both sides. Amanda Chisom is who and which authority that we will rely on her facebook post? My simple take is let all parties defend their position with veritable facts. These sentiments, ethnically laced and conjoured pictures and political coloration is as useless as it comes.

NgeneUkwenu:

erunz: :
I see it more as a Corporate Social Responsibility from Dangote. This have nothing to Buhari.

So the 2Billion contributed by the NPA Is from Nnamdi KANU? The tax relief granted to Dangote to enable contribute to the construction of the road is being done by Jonathan?

Madam,

You no go kill pesin!!!!! Why are you making him look "sincerely daft"