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Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsLagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating (869 Views)

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Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by ariesbull(op): 7:37am On Nov 10, 2025
Whenever some people say “Lagos is a Yoruba town,” nobody really disputes that. History confirms the roots of Lagos in Yoruba culture — but Lagos today has evolved far beyond a tribal identity. It has become something bigger, something more powerful — a capitalist hub where tribe takes the back seat, and capital, commerce, and capacity sit in the driver’s seat.

Lagos is not just a city; it’s an economic ecosystem. In a capitalist society, no one asks where your grandfather was born — they ask what value you can bring to the table. Business thrives where people gather, and prosperity follows population density. That’s the simple truth of economics.

Imagine this: if 20 million people spend just ₦1,000 daily, that’s a ₦2 trillion market circulating every single day. That’s the invisible engine that drives Lagos’ economy. Now imagine if half of that population — say 10 million people — left the city. The economy would slow, the markets would shrink, and the city’s heartbeat would falter. You can already see a small glimpse of this every December when people travel home for the holidays — Lagos goes quiet, businesses slow down, and the city loses its spark.

Immigrants Are the Fuel of Lagos’ Economy

Immigrants — from across Nigeria and even beyond — are not a burden to Lagos; they are its lifeblood. They bring skills, labor, creativity, and consumption that keep the city running. From tech innovators in Yaba to traders in Balogun, drivers in Oshodi, and artisans in Ikeja, immigrants power the Lagos economy at every level.

Their presence expands the tax base, fuels small businesses, and increases the demand for goods and services. More people means more customers, more workers, and more innovation. That’s how cities like New York, London, and Dubai grew — and Lagos is following that same global pattern.

Capital Doesn’t Speak Tribe

Now, take the real estate market. No Yoruba landlord will refuse an Igbo or Edo tenant if they can afford the rent. Cement, steel, and roofing sheets aren’t sold based on ethnicity; they’re sold based on naira and demand. If a house costs ₦2 million a year, the owner will rent to whoever can pay because capital recognizes capacity, not ancestry.

That’s why it’s ironic when people sell their property and still want to dictate who owns or runs Lagos. You can’t sell your house and still act as the landlord — that’s not how capitalism works. Lagos has grown through the collective effort of Nigerians from every tribe and faith, just like Abuja today belongs to all Nigerians, not just the Gwari people who first lived there.

The Bottom Line: Live, Let Live, and Build Lagos Together

Lagos was built by Nigerians — Yoruba, Igbo, Hausa, Edo, Urhobo, and countless others. Its strength lies in its diversity and its openness to talent, trade, and tenacity. The more people Lagos attracts, the more wealth it creates. That’s the true economics of scale — and that’s what will keep Lagos booming.

So yes, Lagos has Yoruba roots, but its branches now stretch across the entire nation. The city thrives because of everyone who calls it home. Let’s live, let’s build, and let’s keep Lagos the city of dreams — for all who dare to make it.

Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Obiedun(m): 7:44am On Nov 10, 2025
Story story. There are some land you cannot do business successfully because of the natives. All this you stay at home on Mondays will drive away investors.
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Salewa97: 8:06am On Nov 10, 2025
Those who are yet to accept the reality should continue to dey cry

We are waiting for them to come and join us in developing Lagos state. Together, we can all do it
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 8:14am On Nov 10, 2025
A councillor was killed in Anambra on Saturday election, you didn't find it obscene enough to conderm and write about, but you are always attached to anything Lagos, what's your problem and obsession about Lagos?
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 8:19am On Nov 10, 2025
The economy of Lagos doesn't slow down during Christmas, infact that's when it bloom most, sons and daughters travel back home, we don't only go back alone but we do with our friends who want to catch the glimpse of Lagos life.

Dirty December brings millions into Lagos economy at a time when Igbo have travel home, the economy floursh more without Igbo market,
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 8:22am On Nov 10, 2025
Did you consider those that come with criminal lifestyle, people that produces fake wine, fake drugs and bring it. To Lagos market, what about fake electronics and those that even import fake items produced from China.

No, they are not asset rather they are liability to Lagos
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ikaeniyan0: 8:24am On Nov 10, 2025
Ttalk:
A councillor was killed in Anambra on Saturday election, you didn't find it obscene enough to conderm and write about, but you are always attached to anything Lagos, what's your problem and obsession about Lagos?
If a councillor was killed in Lagos, he would have opened 100 thread, talking about how unsafe it is to invest in Lagos state
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk:
Lagos was not build by Igbo or Hausa or other tribes, Lagos was built by the sweat of our forefathers and government.

Others have been supportive which is well appreciated and acknowledged

If Lagos state were to be a country, it would be more developed than it's present state, if Lagos never received any allocation from the FG, her revenue would still surpass the peanut it receives from the FG in terms of projects.

Lagos state government built more roads, bridges, hospitals, schools and employ more that whatever it FG has done in Lagos.

The OP and his people owes Lagos gratitude for making their state conducive for them to live and thrive, Lagos don't need you to survive, it is you that need Lagos to survive
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by HgAkpobomeEr: 8:35am On Nov 10, 2025
Lagos is a Yoruba land.
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 8:37am On Nov 10, 2025
Trading doesn't drive Lagos economy, that's the business of Igbo in Lagos, entertainment, rich lifestyle, fashion, food, education, tourism, music and tech are what drives Lagos economy.

Online trading has replaced your traditional display of hardwares, Lagos don't need you, your money or your product, it can be gotten from any other person and through other means.

You should be grateful to Lagos and its people
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by ariesbull(op): 8:55am On Nov 10, 2025
Ttalk:
Trading doesn't drive Lagos economy, that's the business of Igbo in Lagos, entertainment, rich lifestyle, fashion, food, education, tourism, music and tech are what drives Lagos economy.

Online trading has replaced your traditional display of hardwares, Lagos don't need you, your money or your product, it can be gotten from any other person and through other means.

You should be grateful to Lagos and its people
Trade, The Engine Behind Economic Powerhouses

Trade doesn’t just move goods — it moves economies. Cities like Dubai prove that smart trade policies and strategic location can transform a desert into a global hub. By building world-class ports, airports, and free zones, Dubai turned itself into the meeting point between Asia, Europe, and Africa.

This model shows how trade fuels growth: it attracts investment, creates jobs, and diversifies economies. It’s not about what a city has, but how it connects to the world. In today’s global economy, the cities that trade smartly — like Dubai, Singapore, and Rotterdam — are the ones that thrive.
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by ariesbull(op): 8:56am On Nov 10, 2025
HgAkpobomeEr:
Lagos is a Yoruba land.
If a Yoruba can't pay rent in Lagos..he wouldobe to Ota! Ot is not about Yoruba it is about capitalism and capacity and beside that fix this....NOBODY IS ARGUING IF LAGOS WAS A YORUBA LAND the way Nobody argues if NEW YORK was Initially a native American land
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 9:06am On Nov 10, 2025
ariesbull:
Trade, The Engine Behind Economic Powerhouses

Trade doesn’t just move goods — it moves economies. Cities like Dubai prove that smart trade policies and strategic location can transform a desert into a global hub. By building world-class ports, airports, and free zones, Dubai turned itself into the meeting point between Asia, Europe, and Africa.

This model shows how trade fuels growth: it attracts investment, creates jobs, and diversifies economies. It’s not about what a city has, but how it connects to the world. In today’s global economy, the cities that trade smartly — like Dubai, Singapore, and Rotterdam — are the ones that thrive.
The highest product consumed daily in Lagos is fuel, followed by food, and Hausa and Yoruba dominate this sector. Transportation, education and health are equally grossly consumed, these are majorly controlled by the Yoruba, so where is your logic coming from?
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 9:12am On Nov 10, 2025
ariesbull:
Trade, The Engine Behind Economic Powerhouses

Trade doesn’t just move goods — it moves economies. Cities like Dubai prove that smart trade policies and strategic location can transform a desert into a global hub. By building world-class ports, airports, and free zones, Dubai turned itself into the meeting point between Asia, Europe, and Africa.

This model shows how trade fuels growth: it attracts investment, creates jobs, and diversifies economies. It’s not about what a city has, but how it connects to the world. In today’s global economy, the cities that trade smartly — like Dubai, Singapore, and Rotterdam — are the ones that thrive.
I don't know what you mean by trade, smart up boy and stopped being ignorant.

The largest trade that occured in Lagos is through the stock exchange and financial market, the margin people are making daily dwarf whatever you sell in your shop. Presently, financial trading is not even reserved for the big boys, but every tech savvy guys out there is cutting chunks of profit from financial market.

So tell me which trading is Igbo using to drive Lagos economy?
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 9:20am On Nov 10, 2025
ariesbull:
If a Yoruba can't pay rent in Lagos..he wouldobe to Ota! Ot is not about Yoruba it is about capitalism and capacity and beside that fix this....NOBODY IS ARGUING IF LAGOS WAS A YORUBA LAND the way Nobody argues if NEW YORK was Initially a native American land
What has capitalism got to do with you claiming Trading done by Igbo is what is driving Lagos economy?

Is there no capitalism in Aba, why is the trading going on there not driving the economy to experience exponential growth like Lagos, Igbo claimed Onitsha market is the largest market in Africa yes the trading from the largest market has not been able to drive people to Anambra and turn it to Dubai and Singapore.
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by helinues: 9:24am On Nov 10, 2025
Stay put in your own region and stop nagging daily .Is your region exempted from making people thrive?
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by helinues: 9:26am On Nov 10, 2025
Obiedun:
Story story. There are some land you cannot do business successfully because of the natives. All this you stay at home on Mondays will drive away investors.
How will business thrive where they are sitting at home every Monday, new day of the week
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 10:09am On Nov 10, 2025
Well meaning Nigerians don't open thread daily about Lagos rather they mind their businesses and bless the land where they make money except some set of people filled with hatred and jealousy
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by odejimioflagos: 10:10am On Nov 10, 2025
Lagos is a Nigerian city and its strength lies in its diversity. Every tribe contributes to its vibrancy and economic prowess. Let’s continue to build it together and make it a city of dreams for everyone.
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by ariesbull(op): 10:11am On Nov 10, 2025
Ttalk:
What has capitalism got to do with you claiming Trading done by Igbo is what is driving Lagos economy?

Is there no capitalism in Aba, why is the trading going on there not driving the economy to experience exponential growth like Lagos, Igbo claimed Onitsha market is the largest market in Africa yes the trading from the largest market has not been able to drive people to Anambra and turn it to Dubai and Singapore.
who talked about tracing done by Igbo ?

No let igbophobia kill you ....
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 10:22am On Nov 10, 2025
ariesbull:
who talked about tracing done by Igbo ?

No let igbophobia kill you ....
Thank God say you don accept say it's not your 2x2 trading that made Lagos, at least I've defeated your purpose of creating ego flaunting thread before it started, there nothing left for you to cling on to. You can now go in peace.

Lagosian appreciate the contribution of everyone who contribute to make positive impact on the state, but will not shy away from putting any individual or group who want to ascribe Lagos glory to himself or his region in the right place they belong

Let that sink
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by ariesbull(op): 10:40am On Nov 10, 2025
Ttalk:
Thank God say you don accept say it's not your 2x2 trading that made Lagos, at least I've defeated your purpose of creating ego flaunting thread before it started, there nothing left for you to cling on to. You can now go in peace.

Lagosian appreciate the contribution of everyone who contribute to make positive impact on the state, but will not shy away from putting any individual or group who want to ascribe Lagos glory to himself or his region in the right place they belong

Let that sink
it's too early to go onto this....


Have a blessed day
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 10:50am On Nov 10, 2025
ariesbull:
it's too early to go onto this....


Have a blessed day
Thank you brother. Have a nice day
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by kettykin:
Imagine this: if 20 million people spend just ₦1,000 daily, that’s a ₦2 trillion market circulating every single day. That’s the invisible engine that drives Lagos’ economy. Now imagine if half of that population — say 10 million people — left the city. The economy would slow, the markets would shrink, and the city’s heartbeat would falter. You can already see a small glimpse of this every December when people travel home for the holidays — Lagos goes quiet, businesses slow down, and the city loses its spark.
This is exactly the secret of Xmas in the East , about 15 Million house hold spending from N100,000 to N1000,000 each within a space of 2 to 4 weeks , the whole East experiences so much inflow that Flights to the east from Lagos, Abuja other entry points is booked all through December , Hotels , local taxies , inter state , inter city transport is booked all through .

My calculation initially showed me Lagos spends N20B Daily , about N2b on Meat N3b on food , N1.5B Sex and women , N5b on fuel etc, Remaining N10B on other sundry activities that's roughly about N20B Daily and About N600B Monthly.




The East spends Nothing less than N15Trillion for December , from commissioning houses , to events , burials, weddings, thanksgiving , donations , community projects , give aways , scholarship etc
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 11:07am On Nov 10, 2025
kettykin:
This is exactly the secret of Xmas in the East , about 15 Million house hold spending from N100,000 to N1000,000 each within a space of 2 to 4 weeks , the whole East experiences so much inflow that Flights to the east from Lagos, Abuja other entry points is booked all through December , Hotels , local taxies , inter state , inter city transport is booked all through
That's statistics is the one generated by you. The real one show Lagos makes more money in December after Igbo have left Lagos, we didn't here any news of your revenue soaring during Christmas and New Year festive period
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 11:09am On Nov 10, 2025
kettykin:
This is exactly the secret of Xmas in the East , about 15 Million house hold spending from N100,000 to N1000,000 each within a space of 2 to 4 weeks , the whole East experiences so much inflow that Flights to the east from Lagos, Abuja other entry points is booked all through December , Hotels , local taxies , inter state , inter city transport is booked all through
Same way flight from Abuja to Lagos is already booked upfront for December. Stop deceiving yourself
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by kettykin: 11:18am On Nov 10, 2025
Ttalk:
That's statistics is the one generated by you. The real one show Lagos makes more money in December after Igbo have left Lagos, we didn't here any news of your revenue soaring during Christmas and New Year festive period
Money has velocity , it has speed and direction , one way to find out where money flows in December is to watch the traffic , the traffic points East wards , the flights, vehicular traffic , cars , buses , logistics are east bound , i have worked on these stats for years .most flights , Bus traffic, car traffic are free to Lagos in December but fully booked to the East.


Abuja to Anambra for December xmas week is already booked since 2 Months ago and flight cost about an Average of N350,000

Abuja to Lagos for for December xmas week is not booked sas at today and flight cost about an Average of N100,000


The traffic is heading East December Lagos is doing Detty December but the East is on another scale and doing Super December, we celebrate Christmas as if Jesus was an igbo man

Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by kettykin: 11:21am On Nov 10, 2025
Ttalk:
Same way flight from Abuja to Lagos is already booked upfront for December. Stop deceiving yourself
as at last month , flights to the East from Abuja was already fully booked for December Christmas Week and going for N350,000 to N500,000

as at today Flights to Lagos even on Christmas week is still available at N102,000, the traffic is Eastward and not Lagos bound

Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 11:24am On Nov 10, 2025
kettykin:
Money has velocity , it has speed and direction , one way to find out where money flows in December is to watch the traffic , the traffic points East wards , the flights, vehicular traffic , cars , buses , logistics are east bound , i have worked on these stats for years .most flights , Bus traffic, car traffic are free to Lagos in December but fully booked to the East.


Abuja to Anambra for December xmas week is already booked since 2 Months ago and flight cost about an Average of N350,000

Abuja to Lagos for for December xmas week is not booked sas at today and flight cost about an Average of N100,000


The traffic is heading East December Lagos is doing Detty December but the East is on another scale and doing Super December, we celebrate Christmas as if Jesus was an igbo man
You are bloody liar, traffic to Lagos starts from Mowe during Christmas and New Year period, if you are hooked up in Lagos traffic during December period the number of hours you spent on hold up is enough to travel all over South East with scanty road and vehicle.

You guys can lie with no shame.
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by kettykin: 11:26am On Nov 10, 2025
Ttalk:
You are bloody liar, traffic to Lagos starts from Mowe during Christmas and New Year period, if you are hooked up in Lagos traffic during December period the number of hours you spent on hold up is enough to travel all over South East with scanty road and vehicle.

You guys can lie with no shame.
i have shown you air traffic statistics and you still call me a liar
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by ebukal67x: 11:30am On Nov 10, 2025
No foreign interference allowed.
Re: Lagos Thrives On People, Not Tribe: The Real Economics Behind Nigeria’s Beating by Ttalk: 11:35am On Nov 10, 2025
kettykin:
as at last month , flights to the East from Abuja was already fully booked for December Christmas Week and going for N350,000 to N500,000

as at today Flights to Lagos even on Christmas week is still available at N102,000, the traffic is Eastward and not Lagos bound
Flight ticjet to the East is supposed to higher because it's a loss to the airline company because of low patronage.

That's pure economy and has nothing to do with population. We have more passenger carrier of Lagos as destination because of high patronage.

Even the local airlines especially from Abuja increases their number of. traveling times to Lagos as well as numbers of flights

Wetin you wan prove no correspond with what's in ground bro

Even my Igbo friend is coming down straight to Lagos to flex the December and won't enter East until January
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