₦airaland Forum

Aareonakakanfo:
I've been to Onireke once and i thought i was in another country.Soo many lebanese people there.The zard brothers have been in Ibadan for a very long time.The famous chief raymond zard was born in Ibadan

You are absolutely right. Lebanese and Indians full that side.

Ibadan International School

1.Jericho GRA (credit: IBPulse.com)
2.Alalubosa (courtesy: Lamudi.com.ng)

Apartment complex at New Bodija, Ibadan

Aareonakakanfo:
This is ilesa,Osun state

Rev. Williams Howard Clark in 1854, once said ”for its cleanliness, regularity in breath and width, and the straightness of its streets, the ancient city far surpasses any native town I have seen in black Africa”. Ilesa is a well-planned ancient city that has link routes that no town of its size can lay claim to in Yoruba land."

Erin Ijesha falls, Osun.

Aareonakakanfo:
Abeg help us take loads of pictures of the places i mentioned as the best residential neighbourhoods, Iyaganku especially.I've been there too but i never took pictures.When i go home too, I will make sure i take lots of pics

You bet I will.

Aareonakakanfo:
Chief Kola Daisi,Chief Raymond Zard, and Mike Adenuga of Globacom own houses in Iyaganku

You ain't lying bro. The picture attached below is of a mini-estate in Iyanganku. Trying to get my hands on better pix. Will be in Oyo for a month on business in about a week's time. Won't miss the opportunity to take lots of pix.

Prestige Luxury Apartments, Ibadan

Ogbomosho Baptist Seminary

Elizade Golf, Ondo

IlekeHD:
Can we post news of SWners in diaspora or does it have to be specifically about Nigeria/Nigerians in Nigeria news?

I think that should be fine. Cc: Aareonakakanfo. Whachu you think?

Elephant Cement Club, Ewekoro, Ogun state

1. Micom Golf Course, Osun
2. Ilara Mokin, Ondo

Near Completed Shopping mall at Abeokuta.

Guy, welcome back. But dis one na Jamb question you ask so o. Coz truth be told, some people don't need a reason to hate -- they just do. I remember someone once said "I don't know why but I just hate that guy with a passion!", and I was like WTF?? How you gonna hate someone without justification?

In a nutshell, Hate can sometimes be an irrational emotion, for some people that is, I guess.

Odikwa very serious o. Aren't these people supposed to be fighting and protesting for Kanu's release? Anyway, I thought they had already settled their quarrel. Some people can fit to die and even kill over title matter. Smh.

tpiander:
How can the gdp of Ondo be more than Ogun and Oyo?

Na oil production cause am. Remove the oil and you get a clearer picture.

Aareonakakanfo:
Which one are we going to settle for then.Billion dollars no be beans ooo, remember every tominwa,dike and haruna can post on Wikipedia

Actually I think the figures are close, at best (though they are old) but may suffice for on the absence of more recent data. Here are data for other states:

ABIA
GDP (PPP)
- Total
- Per capita 2007 estimate
$8.69 billion[1]
$3,003[1]

Adamawa
Population
- 2005 (estimate)
- 1991 Census
Ranked 21 of 36
3,737,223
2,124,049
GDP (PPP)
- Total
- Per capita 2007
$4.58 billion[1]
$1,417[1]

Akwa Ibom
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$11.18 billion[1]
$2,779[1]

Anambra
Population
- 2006 Census¹
- 2005 (estimate)
- 1991 Census
- Density (2006) Ranked 10 of 36
4,182,032
7,821,858
N/A
863/km²
GDP (PPP)
- Total
- Per capita 2007
$6.76 billion[1]
$1,585[1]

Bauchi
GDP (PPP)
- Total
- Per capita 2007
$4.71 billion[1]
$983[1]

Bayelsa
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$4.34 billion[1]
$2,484[1]

Benue
Population
1991 Census
2005 estimate Ranked 7th
2,780,398
5,181,642
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$6.86 billion[1]
$1,592[1]

Borno--
Population
1991 Census
2005 estimate Ranked 12th
2,596,589
4,588,668
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$5.18 billion[1]
$1,214[1]

Cross River State
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$9.29 billion[1]
$3,150[1]

Delta
Population
1991 Census
2005 estimate Ranked 9th
2,570,181
4,710,214
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$16.75 billion[1]
$3,990[1]

Ebonyi
Population
1991 Census
2005 estimate Ranked N/A
N/A
4,339,136
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$2.73 billion[1]
$1,232[1]

Edo
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$11.89 billion[1]
$3,623[1]

Ekiti
Population
1991 Census
2005 estimate Ranked 29th
N/A
2,737,186
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$2.85 billion[1]
$1,169[1]

Gombe
Population 2006 est. Ranked 33rd
2,353,000
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$2.50 billion[1]
$1,036[1]

Kwara
Population
1991 Census
2005 estimate Ranked 31st
1,566,469
2,591,555
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$3.84 billion[1]
$1,585[1]

Kaduna
Population
2006 Census
1991 Census Ranked 3rd
6,066,562
3,935,618
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$10.33 billion[1]
$1,666[1]


Niger State
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$6.00 billion[1]
$1,480[1]

Rivers State
GDP (PPP)
- Total
- Per capita 2007
$21.07 billion[1]
$3,965[1]

Sokoto
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$4.82 billion[1]
$1,274[1]

Kano
GDP (PPP)
- Total
- Per capita 2007
$12.39 billion[1]
$1,288[1]

Taraba
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$3.40 billion[1]
$1,446[1]

Jigawa
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$2.99 billion[1]
$673[1]

Zamfara
Population
1991 Census
2005 est. Ranked 23rd
N/A
3,602,356
GDP (PPP)
-Total
-Per Capita 2007 (estimate)
$4.12 billion[1]
$1,237[1]

Akure Dome (Under construction)

WIZGUY69:
not only SW states, other states too (but we should be focused on SWestern states).

in all aspects of development the distance btw Lagos & other states is just bleeping much!

Except Education/Academic + Religion

You can say that again bro. Abuja is the worst. Abuja doesn't contribute nada but probably sucks the most out of the federal coffers. Smh.

WIZGUY69:
1st Pic : Ibadan CBD
2nd Pic: Abuja CBD
3rd Pic: Lagos CBD

One distinguished factor in all of them: is the high rise buildings.

Nice. Add these to the Ibadan. The residence is located at Iyaganku GRA.

Aareonakakanfo:
Seriously its 28b,i'm surprised too.It means Ondo state after lagos is the southwest state that contributes most to the Federation account

If that's the case, I wonder why Oyo state receives far higher allocation from the FG?

http://thenationonlineng.net/new/nigerias-top-10-federal-revenue-receiving-states/

Akwa Ibom N260 billion,
Rivers N230 billion,
Delta State N209 billion,
Bayelsa N173 billion,
Lagos N168 billion,
Kano N140 billion,
Katsina N103 billion,
Oyo N100 billion,
Kaduna N 97 billion
Borno N94 billion.

Lagos
GDP
• Year 2010
• Total US$74.67 billion[9]
• Per capita $5,573[10]

Oyo
GDP (PPP)
• Year 2007
• Total $16,12 billion[4]
• Per capita $2,666[4]

Ogun
GDP (PPP)
• Year 2007
• Total $10.47 billion[1]
• Per capita $2,740[1]

Ondo
GDP (PPP)
• Year 2007
• Total $8.41 billion[1]
• Per capita $2,392[1]

Osun
GDP (PPP)
• Year 2007
• Total $7.28 billion[2]
• Per capita $2,076[2]

Ekiti
GDP (PPP)
• Year 2007
• Total $2.85 billion[1]
• Per capita $1,169[1]


Source: Wikipedia

Aareonakakanfo:
For those who do not know,this is the Official GDP of all southwest states.

GDP in the Southwestern Region of Nigeria
The Region contributes about 35% of the country’s GDP estimated at $180bn, out of which Lagos State contributes 72% at $129bn and other States sharing the remaining $51bn.


Ekiti ---------- N3.5bn
Lagos ------- N129bn
Ogun -------- N5.3bn
Ondo -------- N28.32bn
Osun -------- N3.54bn
Oyo --------- N8.85bn




I got this from DAWN Commission's facebook page

Oga, are those figures meant to be in naira or dollars?

Emphasis on the bolded:

If Lagos State could earn close to half a trillion in IGR and Ogun State is already talking of netting N10 billion in IGR every month as from this year, Oyo State can go ahead and simulate Lagos and replicate its economic model. It is what Ogun State is doing. If Ogun can build its industrial drive on its proximity to Lagos, we can do the same.

Ogun state is getting really ambitious.

Very interesting piece.

http://tribuneonlineng.com/oyo-igr-potential-beyond-n7bn-—-adesina

Oyo IGR potential beyond N7bn — Adesina

September 23, 2015

Olawuwo Adesina, coordinator of the Oyo State Stakeholders’ Forum, speaks with NURUDEEN ALIMI, on the options available to the state government to maximize its Internally Generated Revenue (IGR).


As the coordinator, Oyo State Stakeholders’ Forum, can the state government generate more revenue, considering that you recently said the state short changed itself by poorly harnessing its IGR potential.

There is the need for Oyo State to develop a comprehensive IGR improvement strategy. Government must seek to broaden IGR base and bring critical innovation to the traditional sources such as taxes, fines and fees, licenses, earnings and sales, rent on government properties, interest and dividends, reimbursable, and miscellaneous as mainstay of its IGR. I fervently believe that Oyo IGR initiative should be industry driven. If Lagos State could earn close to half a trillion in IGR and Ogun State is already talking of netting N10 billion in IGR every month as from this year, Oyo State can go ahead and simulate Lagos and replicate its economic model. It is what Ogun State is doing. If Ogun can build its industrial drive on its proximity to Lagos, we can do the same.

There is no reason the state government should not expedite action and complete the inland container depot otherwise known as dry port, at Erunmu on its own and make it functional. Oyo State is one of the eight beneficiaries of this elaborate project which is capable of creating jobs in abundance and localising activities of shippers and their partners in the state. The value chain here is elaborate. We can imagine the upsurge of economic activities it will bring to the state. All these will translate into high taxes and rates. Fast tracking completion of the dry port is like bringing the Apapa Wharf or the Tincan Island Port to your backyard. Also vast natural resources waste away across the state.

The government should, as matter of urgency, conduct an inventory of raw materials including mineral deposits available in all the 33 local government areas and get investors to tap into them. I am aware the state has mineral potential that can be capitalised upon. The state government can use its nexus with the APC federal government to resuscitate the marble industry. It is a disservice to use the moribund Leyland plant as school.

The state government can begin to tap into industrialisation by getting foreign consortium to resuscitate the plants and many others that dot the state land space. The state government by now should evolve strategy to encourage the emergence of the Ogunpa/Agbeni commercial axis of Ibadan as West African market and spell out its full potential so that it can compete with Idumota in Lagos.

A deliberate government policy can achieve utmost commercial viability of the area. Perhaps I should tell you that the quantum of money circulated in the Idumota commercial precinct is much more than what the commercial banks have in their vaults. The international market in Ogbomoso is also grossly underutilised.

I am happy the governor noted sharp practices in the administration of the IGR. I will suggest government puts a ceiling of not more than 10 percent of IGR to defray operational cost. This should be accompanied by clearly spelt out indicative implementation plan, the purpose of which is to set the direction for the way forward and to guide the IGR board in its development of a detailed implementation plan.

So, what is your take on the state initiative to increase the IGR to N7 billoin monthly over the next four years?

There are two things you do when it is about to rain. You will pray that the rain tarry and you will also quicken your step. That is what Governor Abiola Ajimobi is doing right away with the issue of IGR and overall finance portfolio of Oyo State. He hinges hope on subvention and improved allocation from the federal government and at the same time, he is working assiduously to boost the IGR generation. So the governor has no option other than to pursue a re-engineering of the state economy as he has begun. He seeks to cut on expenditure by reducing number of ministries to 15 from 23. But this has effect on what is paid to political appointees and not workers whose wage bill in the last four years has increased by close to 100 percent as the governor continues to increase salaries of workers and institute welfare packages.

As a government with human face, the governor is not considering retrenching the workforce; instead government is concerned with the option of increasing revenue base of the state. Presently, Oyo State is generating an IGR of N1.2 billion and the government plans to increase it progressively to N2.2 billion by 2016, N3.6 billion by 2017, climaxing at N6.1 billion by 2019. But ideally, the government is thinking of N7.6 billion to put the state on a sound financial footing, but I still take this as the state short changing itself. The state can generate far more than this right away. The state can accrue as much as Ogun State in terms of IGR which should be around N10 billion per month. As a pace setter state Oyo should rank as one of the ten highest IGR states in the country. This is more so because IGR has become a critical fiscal enhancement tool for states in recent times amid dwindling oil revenue from the Federation Account. You are aware that federal allocations had been dwindling since 2011 leading to a worsened extent that many states found it difficult to pay their workers.

Oyo State should be able to generate revenue exceeding the allocation from the Federation Account by seeking to make Oyo State the economic hub of the nation ahead of Ogun State. The state can attract and retain spill over of economic activities from Lagos State.

WIZGUY69:
I am very familiar with O'dua investment company, and I must confess, am very impressed with what they have been doing so far (they can do better though).
anytime I am in that cocoa house axis, there's this advert screen (don't know the name) at the front of the building that displays the projects OIC had embarked on. they have some hotels in Lagos too. but most of there projects is based in Ibadan.
but if I may ask, who's the brain behind this OIC

I belive it's jointly owned by all the South West states. According to their website:

http://oduainvestment.com.ng/about-us-2/

Odu’a Investment Company Limited was incorporated as a Holding Company in July 1976, to take over the business interests of the former Western State of Nigeria now comprising Oyo, Ogun, Ondo, Osun and Ekiti States of the Federal Republic of Nigeria. From inception, it has been operating as a conglomerate owning substantial investment in Real Estate, Food and Beverages industries, Agriculture, Manufacturing, Financial Services, Hotel and Catering, Telecommunication, Printing and Publishing.

Since inception, it has been operating as a conglomerate with substantial investments in Real Estate, Food and Beverages Industries, Agriculture, Manufacturing and Financial Services.

Apart from investments in limited liability companies, Odu’a Investment Company Limited also owns substantial properties at choice locations in Ikeja residential/industrial estates and Apapa in Lagos state as well as a number of residential and commercial properties in Ibadan including Cocoa house, Aje House, Orange Court etc. Investments in some other parts of the country are also assets to the company. Odu’a Investment Company Limited is an independent privated company run by an independent Board of Directors comprising of seasoned, high-flying and accomplished professionals with vast experiences in business and human resources management.

The Company’s policy is determined by a competent and dynamic Board, a mix of executive and non-executive Directors who are experts in their own fields. The board is supported by a robust management team. Odu’a also continues to engage in talks with foreign partners concerning joint venture partnership for expansion and effectiveness of her subsidiary companies.

As a dynamic conglomerate, it continues to make forays into new, profitable ventures that will not only give returns on her shareholders’ investments, but also create employment opportunities for the younger generation.

Aareonakakanfo:
Mimiko Unveils Shoprite Outlet, Assures Entrepreneurs




Ondo State Governor, Dr. Olusegun Mimiko

Ondo State Governor, Dr. Olusegun Mimiko, on Wednesday unveiled the Shoprite outlet in the state capital Akure, where he reiterated his administration’s commitment to providing enabling environment for small and medium businesses to thrive.

Unveiling the outlet, situated within the building of the new Akure Shopping Mall, located at the premises of the old Owena Motel Akure, the governor, promised that the mall would add value to the economic landscape of the state, stressing that it would also provide opportunity for domestic retailers to ply their trade through effective supply chain process.

He noted that the mall would create employment opportunity for the people, and assuring that its multiplier effect would boost the economy of the state.

He said “Looking forward in the next couple of weeks, the Dome will be back along this corridor and this place will be the commercial hub of sort. At the end of all these, our people will be gainfully engaged and the multiplier effect on our economy will truly be great. The excitement is not just having the Akure Mall, but about the opportunity for our local retailers to ply their trade and also about the opportunity for a supply chain that will originate from this state.”

Earlier in his speech, the Chief Executive Officer of Top Services Limited, the developer of the Mall, Mr Tokunbo Omisore appreciated Governor Mimiko for providing enabling environment for the project and also for fast-tracking every aspect of the contract agreement.

According to him, the mall will provide jobs for no fewer than 1000 indigenes of Ondo State, adding that entrepreneurs and small and medium scale businessmen would be able to showcase their products, especially farm products.

He said: “We were not disappointed at the level of preparedness by the Ondo State government for the take-off of the shopping mall. The state provided the enabling environment. I will describe Mimiko as a great city changer.”


http://www.thisdaylive.com/articles/mimiko-unveils-shoprite-outlet-assures-entrepreneurs/223442/

Make I help you add pix for effect.

Emphasis on the bolded

If Lagos State could earn close to half a trillion in IGR and Ogun State is already talking of netting N10 billion in IGR every month as from this year, Oyo State can go ahead and simulate Lagos and replicate its economic model. It is what Ogun State is doing. If Ogun can build its industrial drive on its proximity to Lagos, we can do the same.

Ogun state is getting really ambitious.

Very interesting piece.

http://tribuneonlineng.com/oyo-igr-potential-beyond-n7bn-—-adesina

Oyo IGR potential beyond N7bn — Adesina

September 23, 2015

Olawuwo Adesina, coordinator of the Oyo State Stakeholders’ Forum, speaks with NURUDEEN ALIMI, on the options available to the state government to maximize its Internally Generated Revenue (IGR).


As the coordinator, Oyo State Stakeholders’ Forum, can the state government generate more revenue, considering that you recently said the state short changed itself by poorly harnessing its IGR potential.

There is the need for Oyo State to develop a comprehensive IGR improvement strategy. Government must seek to broaden IGR base and bring critical innovation to the traditional sources such as taxes, fines and fees, licenses, earnings and sales, rent on government properties, interest and dividends, reimbursable, and miscellaneous as mainstay of its IGR. I fervently believe that Oyo IGR initiative should be industry driven. If Lagos State could earn close to half a trillion in IGR and Ogun State is already talking of netting N10 billion in IGR every month as from this year, Oyo State can go ahead and simulate Lagos and replicate its economic model. It is what Ogun State is doing. If Ogun can build its industrial drive on its proximity to Lagos, we can do the same.

There is no reason the state government should not expedite action and complete the inland container depot otherwise known as dry port, at Erunmu on its own and make it functional. Oyo State is one of the eight beneficiaries of this elaborate project which is capable of creating jobs in abundance and localising activities of shippers and their partners in the state. The value chain here is elaborate. We can imagine the upsurge of economic activities it will bring to the state. All these will translate into high taxes and rates. Fast tracking completion of the dry port is like bringing the Apapa Wharf or the Tincan Island Port to your backyard. Also vast natural resources waste away across the state.

The government should, as matter of urgency, conduct an inventory of raw materials including mineral deposits available in all the 33 local government areas and get investors to tap into them. I am aware the state has mineral potential that can be capitalised upon. The state government can use its nexus with the APC federal government to resuscitate the marble industry. It is a disservice to use the moribund Leyland plant as school.

The state government can begin to tap into industrialisation by getting foreign consortium to resuscitate the plants and many others that dot the state land space. The state government by now should evolve strategy to encourage the emergence of the Ogunpa/Agbeni commercial axis of Ibadan as West African market and spell out its full potential so that it can compete with Idumota in Lagos.

A deliberate government policy can achieve utmost commercial viability of the area. Perhaps I should tell you that the quantum of money circulated in the Idumota commercial precinct is much more than what the commercial banks have in their vaults. The international market in Ogbomoso is also grossly underutilised.

I am happy the governor noted sharp practices in the administration of the IGR. I will suggest government puts a ceiling of not more than 10 percent of IGR to defray operational cost. This should be accompanied by clearly spelt out indicative implementation plan, the purpose of which is to set the direction for the way forward and to guide the IGR board in its development of a detailed implementation plan.

So, what is your take on the state initiative to increase the IGR to N7 billoin monthly over the next four years?

There are two things you do when it is about to rain. You will pray that the rain tarry and you will also quicken your step. That is what Governor Abiola Ajimobi is doing right away with the issue of IGR and overall finance portfolio of Oyo State. He hinges hope on subvention and improved allocation from the federal government and at the same time, he is working assiduously to boost the IGR generation. So the governor has no option other than to pursue a re-engineering of the state economy as he has begun. He seeks to cut on expenditure by reducing number of ministries to 15 from 23. But this has effect on what is paid to political appointees and not workers whose wage bill in the last four years has increased by close to 100 percent as the governor continues to increase salaries of workers and institute welfare packages.

As a government with human face, the governor is not considering retrenching the workforce; instead government is concerned with the option of increasing revenue base of the state. Presently, Oyo State is generating an IGR of N1.2 billion and the government plans to increase it progressively to N2.2 billion by 2016, N3.6 billion by 2017, climaxing at N6.1 billion by 2019. But ideally, the government is thinking of N7.6 billion to put the state on a sound financial footing, but I still take this as the state short changing itself. The state can generate far more than this right away. The state can accrue as much as Ogun State in terms of IGR which should be around N10 billion per month. As a pace setter state Oyo should rank as one of the ten highest IGR states in the country. This is more so because IGR has become a critical fiscal enhancement tool for states in recent times amid dwindling oil revenue from the Federation Account. You are aware that federal allocations had been dwindling since 2011 leading to a worsened extent that many states found it difficult to pay their workers.

Oyo State should be able to generate revenue exceeding the allocation from the Federation Account by seeking to make Oyo State the economic hub of the nation ahead of Ogun State. The state can attract and retain spill over of economic activities from Lagos State.

Btw, I think I'm beginning to appreciate the effect the current financial crises precipitated by the dip in crude prices is having on most states of the federation. I mean, it's triggering a paradigm shift in the thinking of state governors who formerly were over-dependent on monthly allocations from the center -- I guess they grew lazy over time. The focus is now on IGR, which stimulates creativity on the part of the governors who now have to do more to generate more and more revenue to run their states. This will definitely put them under a lot of pressure to be creative, competitive relative to their peers, and ultimately deliver the dividends of good governance.

nedu666:
rubbish another osun in the making. I know ur type. u are those be paid 5000. come let me employ u.

Lol. You got jokes punk! Employ me you say? For your mind. This coming from a parasitic lot who hardly ever employ the natives in the non-igbo regions where they make a living. Igbos don't create jobs for others wherever they go or are. Left to you all everyone would be traders like your sorry lot, all choked-up in one of those claustrophobic cubicles you call "shops". In a nutshell you can't give what you ain't got so you can't employ my type. That can only happen in your sick fantasies.

Aareonakakanfo:
For me his biggest problem was the fact that he was over-ambitious.He embarked on too many projects in his first term.Osun state doesn't have the wealth to carry on with those projects



APC will most likely still retain osun state.Its not like PDP has anything to bring to the table.Osun people love him i tell you.The whole salary issue might be a blemish but those who love him are fanatical and they are in the majority

I also think APC will still manage to retain the state in spite of Aregbe's profligacy. Ife axis especially will continue to remain a PDP stronghold thanks to the Omisore factor but that may not be enough to dislodge the APC.