₦airaland Forum

lawani:
FG is going about to collect VAT. The VAT collected in any state is indicative of the GDP size. If your VAT is low then your GDP is also low but it can also be that your economic activity is not VATable

Back2Daura:
Igbos are the major contributors to the IGR in lagos

AdolfHitlerxXx:
If President Tinubu allows us to issue Residency Visa...

SW will become 95% like USA

Irony1:
That is not true. If VAT collection is low then it has to be that so many informal market systems are in place. Afterall how do you explain that Anambra has a better amd higher GDP than Ogun, Oyo, Osun, Ondo and Ekiti? Please i am waiting for yiur explanation.

Wickedtruths:
When they said Ibos must go, why were you crying?

lawani:
Where is your proof that Anambra has a higher GDP than Oyo? NIN registered 4.5 million people in Oyo and 2.5 million in Anambra. Oyo is almost twice the population of Anambra and therefore the GDP is almost double. Is it a small feat to pay 70 billion naira in VAT?. NBS has not released any GDP statistics since 2017 but that VAT collected is an indication of GDP because you can't collect something from nothing. However traders don't pay VAT and Anambra has a large trading sector. Oyo too has a large Agric sector. Every state has its strength

lawani:
Where is your proof that Anambra has a higher GDP than Oyo? NIN registered 4.5 million people in Oyo and 2.5 million in Anambra. Oyo is almost twice the population of Anambra and therefore the GDP is almost double. Is it a small feat to pay 70 billion naira in VAT?. NBS has not released any GDP statistics since 2017 but that VAT collected is an indication of GDP because you can't collect something from nothing. However traders don't pay VAT and Anambra has a large trading sector. Oyo too has a large Agric sector. Every state has its strength

lawani:
Where is your proof that Anambra has a higher GDP than Oyo? NIN registered 4.5 million people in Oyo and 2.5 million in Anambra. Oyo is almost twice the population of Anambra and therefore the GDP is almost double. Is it a small feat to pay 70 billion naira in VAT?. NBS has not released any GDP statistics since 2017 but that VAT collected is an indication of GDP because you can't collect something from nothing. However traders don't pay VAT and Anambra has a large trading sector. Oyo too has a large Agric sector. Every state has its strength

Irony1:
Haaaaa bros go and check the NBS statistics on Anambra. You are here just making assumptions. You are talking abouy population, okay what is the productive population of Oyo compared to Anambra. I repeat i have seen these figures and i have even posted the link here before so i dare you to go and check
The problem with most of you is that you sit in yiur room and parlor and assume that south east is desolate. After Lagos, Ogun and Kano the next place with the largest concentration of indigenous factories is Anambra basically Onitsha and Nnewi to be precise.

lawani:
Did I ever say south East is desolate? SE is thickly populated with millions of non indigenes living there. Anambra is industrialized but unless people in Oyo are extremely poor then Anambra GDP can never be higher and Oyo is not extremely poor. A table putting Bayelsa on top of Oyo, Kano and etc is a rubbish table. Despite Bayelsa's oil wealth it is not richer than those states. Oyo paid 70 billion VAT and that represents one trillion naira in GDP and companies paying VAT cant even be ten percent of GDP.
Don't believe any table that says Anambra GDP is higher than Oyo. Believe the VAT paid

lawani:
Did I ever say south East is desolate? SE is thickly populated with millions of non indigenes living there. Anambra is industrialized but unless people in Oyo are extremely poor then Anambra GDP can never be higher and Oyo is not extremely poor. A table putting Bayelsa on top of Oyo, Kano and etc is a rubbish table. Despite Bayelsa's oil wealth it is not richer than those states. Oyo paid 70 billion VAT and that represents one trillion naira in GDP and companies paying VAT cant even be ten percent of GDP.
Don't believe any table that says Anambra GDP is higher than Oyo. Believe the VAT paid

Irony1:
Oga i know that it is hard for you to believe but consistently over the years even statisense and NBS have shown that Anambra has a higher GDP than Oyo. The trouble with guys like you is that you are too deluded to believe that everything only happens in SW. Most of the VAT and taxes paid by Anambra businessmen is captured outside. NIWA stated that 60% of imports coming into Nigeria via Lagos ports ends up in Onitsha and Aba. The taxes the VAT and other items are captured at the port of entry, so it is pure madness even remotely think that a state that is more industrialized than Oyo state is not justified to have GDP higher than Oyo.
Again you have even casted youreelf by claiming Anambra has millions of non-indigenes, now the same you guys will later claim that they are not hospitable. Which npw begs the question how and where did you get the data on the millions of non-indigenes? Please can you be bold enough to show us.

lawani:
I did not say Anambra has millions of non indigenes. I said SE has millions of non indigenes. The leader of Yoruba in Anambra said there are over 500k Yoruba there so Anambra alone might have over a million non indigenes. Who knows?. Then real GDP is to do with population. Go online and ask for number of law firms, hospitals, fashion designers, bakeries and etc and you will find Oyo having like double Anambra in ninety percent of sectors but each state has its strength. How then can Anambra GDP be bigger when almost all sectors in Oyo are bigger? Poultry business in Oyo is like ten times that of Anambra while car dealership in Anambra is almost double that of Oyo. NIN statistics put Anambra at 2.5 million entries while Oyo is 4.5 million entries

Irony1:
Oga you are busy clutching at straws. You said Anambra has millions of non-indigenes, now you are denying saying that. Dude stop arguing, Anambra has a bigger GDP than Oyo state whether real or nominal.

Kukutente23:
I don't know what this thread shows other than poor reasoning ability of the Cable crew

The amount recieved and the amount contributed does not match so what is responsible for the mismatch if you are considering regions with Lagos and Rivers excluded?

The mismatch shows that there is a factor not being considered in this analysis

LegendHero:
This is the original post.

Cable news themselves initially removed Lagos from the SW.

They usually make post list this normally where people will attack them and say SW is high because of Lagos and that Lagos is the contribution of bla bla bla headquarters. Why did the cable always post something like this,is it to cause fighting/animosity between the regions? They removing Lagos/rivers show they're intentional

So they removed Lagos and Rivers.

Then the usual people that cry are still angry that SW still
Lead. So they want them to remove Ogun too.

Kukutente23:
I don't know what this thread shows other than poor reasoning ability of the Cable crew

The amount recieved and the amount contributed does not match so what is responsible for the mismatch if you are considering regions with Lagos and Rivers excluded?

The mismatch shows that there is a factor not being considered in this analysis

aswani:
I like dis Believeintruth boy, anytin Anambra he must defend, no proof, nutin.

Bia, nutin do you jàre

DomPerignon:
It shows clearly that SE gets more than it contributes and that SW without Lagos still managed to generate twice as much as the SE but got far less than what it contributed and even far less than what SE was given.

Hence , showing that SE is being sustained by the FG at the expense of other regions notably the SW and SS.

Considering if agricultural outputs are taxed, then the north which is largely agrarian would have contributed far more than the SE

The comparative analysis shows that SE is the least productive region since VAT is collected at points of production.

So that being said, SE has the least production and so highest unemployment rate. This is why the SE has a net negative migration which as seen it as the least likely place for other Nigerians to settle in and why most of the population of the SE are running away from their home states as there are no employment opportunities there.

Irony1:
South east is least productive abi, but yet Anambra has a higher GDP than Ogun, Oyo, Osun, Ondo and Ekiti. Make it make sense.

DomPerignon:
How can Anmbra have a higher GDP?

This is a fallacious lie that must end henceforth.

Ogun and Oyo each individually have more industrial and agricultural outputs than the entire SE combined.

What production is going on in Anambra?

Also, infrastructure, land, available natural reources are also factored in GDP computation.

In terms of land mass and arable land, natural water resources and proven mineral deposits, Niger state is far richer than all of the SE.

Even by just consideration net migration , SW has a net negative migration .

Why are the population of the SE running away from their region if its so productive ?

Every indices points to SE being the region with the least wealth generation and poorest with no job prospects.

That's why you all are scattered across the polity.

Your population would have never recovered after the civil war if Nigerians refused you to settle back and thrive in their midsts.

Be grateful for once .

Irony1:
Before you start saying rubbish. This is from NBS. Landmass and all that rubbish makes no sense after all India has mass migration but you are not bettwr than them. China too has mass migration but in terms of GDP you are not better.

The indices that matter and justify wealth are GDP and per capita income and Anambra is far better than Oyo. So leave your hatred and accept the truth, i know it is a bitter pill to swallow, bit the soooner you stop focusing on how better you are than igbos and focus on how rapid the SW is decaying, the better for you.

Irony1:
VAT is not an indicator of wealth especially in a state with lower GDP and higher VAT. Clearly it is a symptom of over taxation. Please stop the deceit. Apart from the farms and the few industries, even industries like P&G have since scaled down their factory in Ibadan. You cannot compare Oyo with Anambra as there are more industry drivers in Anambra than Oyo. Again concerning the lower VAT rate in Anambra it is easily explainable as a large proportion of the businesses in Anambra are informal SMEs. Again if you must know the largest market in West Africa by trading volume is in Anambra which is Onitsha main market, and rhe bulk of the trades is informal so VAT is not captured there. So it is foolhardy that you will use VAT as an yardstick when the real economic indicator is GDP and per capita income.

Ttalk:
I just smile each time I see some people spew this ignorance on SM

DomPerignon:
That stat probably came from that witch , Ngozi Iweala who was desperate to attract FDI to the SE.

This witch convened several economic summits on behalf of the SE but nothing came out of it.

And if we go by that faked GDP generated by Ngozi, how come SE has the lowest FDI and also the region being turned down by both local and foreign banks ?

SE debt profile is one of the lowest not out of prudency but because no bank will lend to them due to their high dependence solely on federal handouts and no guarrantteed internal revenue stream .

DomPerignon:
It shows clearly that SE gets more than it contributes and that SW without Lagos still managed to generate twice as much as the SE but got far less than what it contributed and even far less than what SE was given.

Hence , showing that SE is being sustained by the FG at the expense of other regions notably the SW and SS.

Considering if agricultural outputs are taxed, then the north which is largely agrarian would have contributed far more than the SE

The comparative analysis shows that SE is the least productive region since VAT is collected at points of production.

So that being said, SE has the least production and so highest unemployment rate. This is why the SE has a net negative migration which as seen it as the least likely place for other Nigerians to settle in and why most of the population of the SE are running away from their home states as there are no employment opportunities there.

fregeneh:
what factor is that sir?!

Kukutente23:
The SE will also argue that it has more people outside its region engaged in economic activities than other regions which will make them the most nationally mobile and integrated region than any other
Besides, you don't need this warped statistics to show that SE gets more than it generates. That was already settled with the previous VAT statistics.
However, I see you're a victim of the confused and dysfunctional nature of VAT collection in Nigeria as you've now erroneously assumed that VAT should be collected at point of production while VAT is known as a sales tax. DeepSight should be able to see the point I was making previously with this your error.
Lastly, there's nothing inherently wrong with migration. The SW is known to have the highest rate of migration outside Nigeria. Does that mean the SW is the least economically viable region? SWners have been migrating since the late 70s. Are you saying SWers have been suffering economically since the 70s?

DomPerignon:
How can Anmbra have a higher GDP?

This is a fallacious lie that must end henceforth.

Ogun and Oyo each individually have more industrial and agricultural outputs than the entire SE combined.

What production is going on in Anambra?

Also, infrastructure, land, available natural reources are also factored in GDP computation.

In terms of land mass and arable land, natural water resources and proven mineral deposits, Niger state is far richer than all of the SE.

Even by just consideration net migration , SE has a net negative migration .

Why are the population of the SE running away from their region if its so productive ?

Every indices points to SE being the region with the least wealth generation and poorest with no job prospects.

That's why you all are scattered across the polity.

Your population would have never recovered after the civil war if Nigerians refused you to settle back and thrive in their midsts.

Be grateful for once .

Kukutente23:
The SE will also argue that it has more people outside its region engaged in economic activities than other regions which will make them the most nationally mobile and integrated region than any other
Besides, you don't need this warped statistics to show that SE gets more than it generates. That was already settled with the previous VAT statistics.
However, I see you're a victim of the confused and dysfunctional nature of VAT collection in Nigeria as you've now erroneously assumed that VAT should be collected at point of production while VAT is known as a sales tax. DeepSight should be able to see the point I was making previously with this your error.
Lastly, there's nothing inherently wrong with migration. The SW is known to have the highest rate of migration outside Nigeria. Does that mean the SW is the least economically viable region? SWners have been migrating since the late 70s. Are you saying SWers have been suffering economically since the 70s?

Kukutente23:
The SE will also argue that it has more people outside its region engaged in economic activities than other regions which will make them the most nationally mobile and integrated region than any other
Besides, you don't need this warped statistics to show that SE gets more than it generates. That was already settled with the previous VAT statistics.
However, I see you're a victim of the confused and dysfunctional nature of VAT collection in Nigeria as you've now erroneously assumed that VAT should be collected at point of production while VAT is known as a sales tax. DeepSight should be able to see the point I was making previously with this your error.
Lastly, there's nothing inherently wrong with migration. The SW is known to have the highest rate of migration outside Nigeria. Does that mean the SW is the least economically viable region? SWners have been migrating since the late 70s. Are you saying SWers have been suffering economically since the 70s?