₦airaland Forum

Pakute:
Hotels are springing up at every turn in alaigbo. Ibo businessmen prefer to set up an hotel than establish a factory. Creating employment oppourtunities for the teeming ibo youths is of a less priority than the foreign currencies those abroad are coming to town to spend. Almost 60% of SE economy is driven by hotels, 30% by markets while 10% by local industry. Believe it or not, ibos abroad and majority in Lagos would rather lodge in an hotel than sleep in their private or family house, the fear of the unknown, the wandering eyes of the village people, the wicked family members and the fear of jealous neighbors are some of the factors that push the visitors to the comfort zone of an hotel. They are ready to spend any amount as far as their safety is guaranteed and their privacy from the pressures of family and friends. At some point, hotel business were booming but not anymore. In recent years, insecurity has pulled a dark cloud over the south east region which has inturn affected the revenues of hotels.

nedu666:
Yorubas obsession with lgbos needs to be studied. This one cannot go a day without wailing and moaning about lgbos like a street bitch

Odin13:
Yoruba man analysis of Igbo economy

IQ... zero. Zero

osuofia2:
Nnamdi Kanu don even scatter the booming hotel in the SE. Owerri is now a shadow of itself due to sit at home

Blakjewelry:
Lol come to my location in delta state and see, Infact the most popular businesses are hotel's, petrol station and eatery.

Pakute:
Continue to bury your head in the sand like an ostrich. Even the ibo apprentice system is dying, picking up hundreds of ibo youths to come serve an individual in the city is hurting southeast economy. The number of Ibo youths that are suppossed to develop, sustain and be useful to southeast economy are shrinking fast because of the selfish interests of their Oga bringing them to Lagos and SW.

Pakute:
Says a man that hasn't gone home in 3years, your kids probably do not know the road to their father's house in alaigbo.

igwebuike01:
Benin founded Lagos - Oba of Benin
This is the trending issue now, stop diverting attention

Pakute:
Benin settled in Onitsha, does it mean they founded Anambra?. Which part of your brain is hot?

osuofia2:
Nnamdi Kanu don even scatter the booming hotel in the SE. Owerri is now a shadow of itself due to sit at home

Abagworo:
Tourism, Hospitality and real estate is bigger than manufacturing and in fact a stimulus to growth of manufacturing and distribution sectors. If you know how rich a city Owerri became under Rochas Okorocha and the ripple effects on other sectors of economy because he focused on tourism you'd have a rethink. The problem with Southeast is bad federal roads, refusal to activate the Eastern ports and recently insecurity created to stop 2023 Igbo Presidency. I personally have not been to my State Imo since 2020 because of the insecurity and now that Uzodinma has won 2nd tenure it means till 2027 depending on if he hands over to someone that has capability to bring back peace. For now Abia especially Aba is the best place for any Igbo man to invest large scale with alternative at Asaba and Port Harcourt.

Pakute:
South east is in dire need of manufacturing companies to inorder to revive the economy of southeast. SE must give incentives to willing investors, go out and woo them than sitting down in their office. Overdependence on hotels and petty trading would only keep killing the SE economy.

Odin13:
Keep dreaming and hallucinating..

Next..

Abagworo:
Tourism, Hospitality and real estate is bigger than manufacturing and in fact a stimulus to growth of manufacturing and distribution sectors. If you know how rich a city Owerri became under Rochas Okorocha and the ripple effects on other sectors of economy because he focused on tourism you'd have a rethink. The problem with Southeast is bad federal roads, refusal to activate the Eastern ports and recently insecurity created to stop 2023 Igbo Presidency. I personally have not been to my State Imo since 2020 because of the insecurity and now that Uzodinma has won 2nd tenure it means till 2027 depending on if he hands over to someone that has capability to bring back peace. For now Abia especially Aba is the best place for any Igbo man to invest large scale with alternative at Asaba and Port Harcourt.

igwebuike01:
Benin did not settle in Onitsha. Igbos who left Benin settled in Onitsha

nedu666:
Yorubas obsession with lgbos needs to be studied. This one cannot go a day without wailing and moaning about lgbos like a street bitch

SadEast419:
Too much of hotels, church, mosque and schools isn't good good in a country

christistruth01:
I even heard that when the ipob kidnappers collect Ransome money the first thing they use the money to build is Hotel and
that is where they monitor their next kidnap targets from

Pakute:
You lie!, do you know much is China economy?. Ibos also refused to open up their real estate to outsiders, that's even a bigger problem coming back to haunt you.