₦airaland Forum

Grgt0n:
Anambra international airport is the best with the international facilities in igboland. Anambra international airport is the international gateway to the Eastern Nigeria, that's why the federal government has given it access to the broad band Internet gateway.

Unlike imo motorpark airport that's not different from a motorway somewhere. Even. GUO motorpark at Upper Iweka is more beautiful than imo motorpark airport. Imo is yet to have an airport anyways. Simple question answer him

Anyi44:
remains sea ports

investnow2013:
Made in Nnewi

PROUDIGBO:
Sea and river ports! A state like Anambra could go into some kind of partnership with a state like Akwa-Ibom to make Onitsha a port of final destination. Containers and other goods can be shipped to Ibaka deep sea port, then transferred to barges and transported upstream to Onitsha where all the necessary customs duties and paperwork would be sorted out! This is how a true federal economy works, not having to wait for the centre to approve every breath you take…every move you make….etc (apologies to Police)!

I’d also like to see states like Anambra, Ebonyi and Enugu exploit their hydrocarbon deposits without Abuja dictating when, how or even if they are allowed to! Was watching a programme on AriseTV the other day, and one of the guests speaking to Charles Aniagolu was talking of how coal deposits in Enugu today are worth about a trillion dollars!….That is, as at the last time the quantity of coal deposits were appraised! The anchor reminded him that coal is a dirty fuel, and he was told technology exists today that can clean it up! The west industrialised powered primarily by coal, so if they now want to preach to us today on the dangers of coal to the environment and tell us to use cleaner fuels instead, that’s all well and good, but they have to pay us or compensate us in some way for not using it!

We all remember last year in Enugu, when a chamber containing natural gas was breeched while digging a borehole for water. It burnt for days before finally being put out! This is another pointer to the vast mineral resources underneath our feet that are presently either being ignored (owing to the toxic Nigerian political-economy of hate and hold-them-down), or are being exploited in a half-hearted manner…with most of the financial benefits going to Abuja or diverted to a neighbouring state as we saw in the case of Anambra!

Despacito1:
Innocent is doing great, but he should not be using Nnewi brain on us because there is no manufacturing Automated plant in Nnewi. Why is he clamming that 80 percent of the components are sourced and made In Nnewi. We all knows he goes to China, buy this vehicles in parts, comes to Nnewi to Assemble them with his IVM logo. But that's an impressive one hence it's employing our youths, bringing industrial activities to the state. It's high time he brings those Chinese milling and Lathe machines to start doing proper production than taking our money to import Chinese cars for us in igboland.

NwekereNdokl:
Envious bitter frustrated imo man, yes over 80% of innoson motor parts are sources locally in Anambra. Take a hike if you can't come to that realisation.

If it is just importation, why hasn't anyone from your useless backward worthless shithole imo state started importing it to imo state to assemeble. Innozon is building even a big production plant at another location in Anambra and thousands of Anambra people are employed there. Bunch of wicked envious frustrated people


Imagine that bitterness and envy coming from someone we call Igbo brothers

That’s why I don’t believe in Igbo unity nonsense, let everyone work nd develop their state, the bitterness from so called our brothers is something else

PROUDIGBO:
Sea and river ports! A state like Anambra could go into some kind of partnership with a state like Akwa-Ibom to make Onitsha a port of final destination. Containers and other goods can be shipped to Ibaka deep sea port, then transferred to barges and transported upstream to Onitsha where all the necessary customs duties and paperwork would be sorted out! This is how a true federal economy works, not having to wait for the centre to approve every breath you take…every move you make….etc (apologies to Police)!

I’d also like to see states like Anambra, Ebonyi and Enugu exploit their hydrocarbon deposits without Abuja dictating when, how or even if they are allowed to! Was watching a programme on AriseTV the other day, and one of the guests speaking to Charles Aniagolu was talking of how coal deposits in Enugu today are worth about a trillion dollars!….That is, as at the last time the quantity of coal deposits were appraised! The anchor reminded him that coal is a dirty fuel, and he was told technology exists today that can clean it up! The west industrialised powered primarily by coal, so if they now want to preach to us today on the dangers of coal to the environment and tell us to use cleaner fuels instead, that’s all well and good, but they have to pay us or compensate us in some way for not using it!

We all remember last year in Enugu, when a chamber containing natural gas was breeched while digging a borehole for water. It burnt for days before finally being put out! This is another pointer to the vast mineral resources underneath our feet that are presently either being ignored (owing to the toxic Nigerian political-economy of hate and hold-them-down), or are being exploited in a half-hearted manner…with most of the financial benefits going to Abuja or diverted to a neighbouring state as we saw in the case of Anambra!

Foreign investors ignored 27 states as the value of capital importation into Nigeria fell by 20.5 percent to $5.33 billion in 2022 from $6.70 billion in 2021.

The National Bureau of Statistics (NBS) disclosed this in its latest Nigerian Capital Importation report for the four quarters of 2022. The publication looks into the value of fresh investments that flowed into the country’s economy in the year under review.

According to the NBS data, the 27 states snubbed by investors include: Abia, Adamawa, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Enugu, Gombe, Imo, Jigawa, Kaduna, Kano, Kebbi, Kwara, Nasarawa, Niger, Ogun, Osun, Rivers, Sokoto, Taraba, Yobe, and Zamfara.

LAGOS OUTSHINED OTHERS TO REMAIN INVESTORS’ FAVOURITE

In 2022, only ten states attracted foreign investments.
Lagos took the lead as it outshined others, and the federal capital territory (FCT), to top the list of states that attracted the most investments within the year.

Analysis by TheCable Index shows that the country’s commercial city attracted $3.61 billion in investment, representing 68 percent of the total capital inflow into the country for the period under review. This also shows an increase when compared to the $2.21 billion investment recorded in 2021.

NBS said Abuja (FCT) emerged second top investment destination with $1.63billion-representing 31 percent of the total capital inflow in the country in 2022. Other states that attracted foreign investments in 2022 are Akwa Ibom ($42.52 million), Anambra ($36.97 million), Oyo ($3.00 million), and Kogi ($2.00 million). Katsina follows with $0.70 million, Ekiti ($0.51 million), Ondo ($0.20 million), and Plateau ($0.04 million).

Out of 52 countries that invested in Nigeria, the United Kingdom emerged as the top source of capital investment in 2022 with $2.76 billion; followed by South Africa ($428.73 million), Singapore ($420.97 million), and the United States ($286.92 million).

EIGHT STATES FAILED TO ATTRACT INVESTMENT IN FOUR YEARS

Meanwhile, out of the 27 states that were ignored by foreign investors, eight also failed to attract foreign investments in the last four years (2019 -2022).

The states are Bayelsa, Ebonyi, Gombe, Jigawa, Kebbi, Taraba, Yobe, and Zamfara. A recent report by the Debt Management Office (DMO) and the NBS also shows that some of the states are accumulating domestic and foreign debt.

According to DMO, apart from Kebbi state, the others had an increase in domestic debt in the last seven years. Yobe state had a domestic debt growth of +2,247 percent, followed by Taraba at +218 percent, Gombe at +161 percent and Zamfara at +142 percent.

Others are Ebonyi with +139 percent growth in domestic debt, followed by Jigawa at +98 percent and Bayelsa at +42 percent. Only Kebbi state (-4 percent) had a decrease in its domestic debt in the last seven years.

On the internally generated revenue (IGR) front, data also shows that the above states are doing poorly in generating revenue for their respective states.

The 2021 data released by NBS (which is the latest) shows that Yobe generated N8.5 billion, which is the lowest among the 26 states; followed by Taraba with N9.6 billion, and Kebbi at N9.9 billion.

Gombe generated N10.6 billion as IGR in 2021, followed by Ebonyi (N13.8 billion) and Bayelsa, an oil-producing state, generated N13.3 billion in 2021. Jigawa and Zamfara generated N16.5 billion and N18.9 billion, respectively.

‘NIGERIA LOSING FOREIGN INVESTMENT TO RISING INSECURITY’

Speaking on the continued dwindling of Nigeria’s attractiveness to investors, Adejare Bello, the nation’s ambassador to Mexico, said restoring security in the country was a prerequisite for productive investment. Bello said Mexican investors were willing to “invest heavily in Nigeria’s economy but for the prevailing security situation in the country”.

“The embassy receives frequent enquiries from investors on possible areas of collaboration between both countries but all these efforts to attract foreign investments are being thwarted by the news of insecurity,” he said.

“Some of the areas the foreign investors have been looking to invest include oil and gas, gold mining, agriculture as well as establishing a partnership with Dangote in the area of fertiliser procurement.”

Bello said although the federal government has been proactive in dealing with the security challenges in the country, he advised that the current onslaught against criminals must be sustained. This, according to him, will go a long way to enhance the inflow of foreign direct investment into the country.

AmericanQuarter:
Lagos, Abuja, Akwa Ibom and Anambra leads in FDI in Nigeria


https://www.thecable.ng/rivers-kano-abia-27-states-attracted-zero-foreign-investments-in-2022/amp

https://www.nairaland.com/7641910/rivers-kano-abia-27-states#up

Despacito1:
Innocent is doing great, but he should not be using Nnewi brain on us because there is no manufacturing Automated plant in Nnewi. Why is he clamming that 80 percent of the components are sourced and made In Nnewi. We all knows he goes to China, buy this vehicles in parts, comes to Nnewi to Assemble them with his IVM logo. But that's an impressive one hence it's employing our youths, bringing industrial activities to the state. It's high time he brings those Chinese milling and Lathe machines to start doing proper production than taking our money to import Chinese cars for us in igboland.

okeysoninv:
That anchor is olodo, you can get numerous product from coal, like replacement of Portland cement with coal ash by 40%, coal can be refined to get diesel, methanol, and hydrogen. South Eastern people are lazy bucks just like most of the country this what I found out. coal Deposit in Enugu is more than 2b tons if proper geological survey is carried. The iron ore also in Enugu are huge but no one is tapping into it.

Jcoleworld911:
Imagine that bitterness and envy coming from someone we call Igbo brothers

That’s why I don’t believe in Igbo unity nonsense, let everyone work nd develop their state, the bitterness from so called our brothers is something else

Ndibunna:
Go and tap since you are hardworking.

AmericanQuarter:
Lagos, Abuja, Akwa Ibom and Anambra leads in FDI in Nigeria


https://www.thecable.ng/rivers-kano-abia-27-states-attracted-zero-foreign-investments-in-2022/amp

https://www.nairaland.com/7641910/rivers-kano-abia-27-states#up

NwekereNdokl:
Envious bitter frustrated imo man, yes over 80% of innoson motor parts are sources locally in Anambra. Take a hike if you can't come to that realisation.

If it is just importation, why hasn't anyone from your useless backward worthless shithole imo state started importing it to imo state to assemeble. Innozon is building even a big production plant at another location in Anambra and thousands of Anambra people are employed there. Bunch of wicked envious frustrated people

PROUDIGBO:
Sea and river ports! A state like Anambra could go into some kind of partnership with a state like Akwa-Ibom to make Onitsha a port of final destination. Containers and other goods can be shipped to Ibaka deep sea port, then transferred to barges and transported upstream to Onitsha where all the necessary customs duties and paperwork would be sorted out! This is how a true federal economy works, not having to wait for the centre to approve every breath you take…every move you make….etc (apologies to Police)!

I’d also like to see states like Anambra, Ebonyi and Enugu exploit their hydrocarbon deposits without Abuja dictating when, how or even if they are allowed to! Was watching a programme on AriseTV the other day, and one of the guests speaking to Charles Aniagolu was talking of how coal deposits in Enugu today are worth about a trillion dollars!….That is, as at the last time the quantity of coal deposits were appraised! The anchor reminded him that coal is a dirty fuel, and he was told technology exists today that can clean it up! The west industrialised powered primarily by coal, so if they now want to preach to us today on the dangers of coal to the environment and tell us to use cleaner fuels instead, that’s all well and good, but they have to pay us or compensate us in some way for not using it!

We all remember last year in Enugu, when a chamber containing natural gas was breeched while digging a borehole for water. It burnt for days before finally being put out! This is another pointer to the vast mineral resources underneath our feet that are presently either being ignored (owing to the toxic Nigerian political-economy of hate and hold-them-down), or are being exploited in a half-hearted manner…with most of the financial benefits going to Abuja or diverted to a neighbouring state as we saw in the case of Anambra!

investnow2013:

https://www.youtube.com/watch?v=tIFsYkLdhI4

investnow2013:

https://www.youtube.com/watch?v=tIFsYkLdhI4

Despacito1:
Owerri gone so bad, I know Abakaliki has taken over in development, but Awka need to sit up. the comparison is also an eye opener. Akuluno yet quarter of their investments are sited outside their state and igboland. Igbos should wake up!!

Chikeluba25:
I think Ebonyi people should focus more on development their state to meet up with standard rather than comparing their state with Anambra always just like we see in the video.

From statistics, Ebonyi could not attract a single foreign investment for 8 good years till date while Anambra keep topping the chat Nationwide... Now you ask what is the comparison for? What has the governor been doing? What is the ongoing airport for in a state that can not attract a single foreign investment with zero human capital.

Laughable. She even brag that Anambra Airport is not functioning since after inauguration. Which part of the world are this ppl from??

I advise my Ebonyi brothers to focus because they have a long way to go.

ChimaAdeoye:
.

Chikeluba25:
I think Ebonyi people should focus more on development their state to meet up with standard rather than comparing their state with Anambra always just like we see in the video.

From statistics, Ebonyi could not attract a single foreign investment for 8 good years till date while Anambra keep topping the chat Nationwide... Now you ask what is the comparison for? What has the governor been doing? What is the ongoing airport for in a state that can not attract a single foreign investment with zero human capital.

Laughable. She even brag that Anambra Airport is not functioning since after inauguration. Which part of the world are this ppl from??

I advise my Ebonyi brothers to focus because they have a long way to go.

globemoney01:
It looks like Awka stadium is not the permanent home of rangers. they have been playing here for over 1 year/

https://www.youtube.com/watch?v=6mPKTEQXCxE

investnow2013:

https://www.youtube.com/watch?v=tIFsYkLdhI4