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Nigerian Stock Exchange Market Pick Alerts - Investment (10724) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:31pm On Jul 07
Oasisblue:
Exactly. You can smell the derision and unwilligness to accept any superior arguments or facts across the keyboard. Lagos became wealthy because of geography, trade, and political decisions, not because of natural resources. This is actually a common pattern among many of the world's great port cities.

But I dont expect this information to resonate. You can only wake someone truly sleeping, you cant wake one pretending to be asleep.
Those politiical decisions were decisions made by the Central govt because Lagos was FEDERAL CAPITAL.
And national resources were mobilized and used to support and actualize those decisions, not IGR from SW or State govt.
Lagos was Federal Capital Territory with special budget allocation to it from the Central govt. That is what was used to develop Lagos.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:35pm On Jul 07
lawani:
Go and check urban agglomeration for that era for an answer to your question. What is the use of an economy whose government is without revenue? Yes there was economy in Nigeria but no organization to turn it into government revenue. How far away is 1950 from 1960?. In 1960, the western region had a budget of 55 million pounds, the North had seven million pounds and the East had twelve million. That is all you need to know about who financed Nigeria in the 1950s
Please cure some of this ignorance.
Lagos was not even part of SW.
Learn this and hold your peace.
Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 2:37pm On Jul 07
More than N9B worth of ZENITH shares have so far exchanged hands today.
Re: Nigerian Stock Exchange Market Pick Alerts by 1kinggy(m): 2:40pm On Jul 07
mikeapollo:
Moving on to another Board at Seplat!

Board things!
His investment there now makes more sense.
Re: Nigerian Stock Exchange Market Pick Alerts by lawani(m): 2:42pm On Jul 07
mikeapollo:
Please cure some of this ignrance.
Lagos was not even part of SW.
Learn this and hold your peace.
How old is the person responding to me and calling me ignorant?
If Lagos was not part of the west, it worsens your position because it would mean the 55 million pounds was not gotten from Lagos. However over 95 percent of the present Lagos was part of the region from where the 55 million pounds revenue was gotten while the remainder was the FCT. Lagos state today can be said to be western region by over 95 percent along with the whole of today's Delta and Edo states.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:42pm On Jul 07
1kinggy:
His investment there now makes more sense.
The guy knew what was coming, and made the move to Seplat. I guess he still wants to be in the limelight calling the shots
Re: Nigerian Stock Exchange Market Pick Alerts by HesInMe:
I'm not even sure what you're trying to achieve. The case against BAT is clear: He's the incumbent at a time of deep economic pain shared by most people resulting from his policies, and he hasn't fixed structural problems like electricity and corruption to ease the burden.

If you're an Obi supporter, focusing on banal ethnic rivalry just detracts from the case he should be prosecuting.

mikeapollo:
And was the Lagos landscape with infrastructure like roads, railway, bridges etc. built and developed with money from the so-called ''port' (canoe-port) of pre-independence era?

Because any serious seaport must have been built by a central govt with national funds

We need to educate ourselves.
Ignorance and arrogance in ignorance are some of the reasons we fail in the things we do, and also make loud noises.
It is not to win, but to educate or learn.
Re: Nigerian Stock Exchange Market Pick Alerts by searchng4love: 2:53pm On Jul 07
lawani:
How old is the person responding to me and calling me ignorant?
If Lagos was not part of the west, it worsens your position because it would mean the 55 million pounds was not gotten from Lagos. However over 95 percent of the present Lagos was part of the region from where the 55 million pounds revenue was gotten while the remainder was the FCT. Lagos state today can be said to be western region by over 95 percent along with the whole of today's Delta and Edo states.
Bendel.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo:
lawani:
How old is the person responding to me and calling me ignorant?
If Lagos was not part of the west, it worsens your position because it would mean the 55 million pounds was not gotten from Lagos. However over 95 percent of the present Lagos was part of the region from where the 55 million pounds revenue was gotten while the remainder was the FCT. Lagos state today can be said to be western region by over 95 percent along with the whole of today's Delta and Edo states.
Lagos was not part of Western Nigeria.
Western Nigeria at the time included Delta and Edo (old Bendel), Ekiti, Ondo, Osun, Oyo. So resources from these places (Cocoa, Palm fruits,, etc) SE, North etc. were contributed to the Central Govt. part of which was used to finance the development of Lagos.

Same way Abuja is being developed today

It just baffles me how one could use budget of 55m pounds in a single year as basis for this kind of discussion or topic
Re: Nigerian Stock Exchange Market Pick Alerts by 1kinggy(m): 2:59pm On Jul 07
Exactly. You can bet his retirement is procedural. He'd still have large influence on the boardroom.

mikeapollo:
The guy knew what was coming, and made the move to Seplat. I guess he still wants to be in the limelight calling the shots
Re: Nigerian Stock Exchange Market Pick Alerts by Valthegreat(m): 2:59pm On Jul 07
HesInMe:
I'm not even sure what you're trying to achieve. The case against BAT is clear: He's the incumbent at a time of deep economic pain shared by most people resulting from his policies, and he hasn't fixed structural problems like electricity and corruption to ease the burden.

If you're an Obi supporter, focusing on banal ethnic rivalry just detracts from the case he should be prosecuting is unhelpful.
He was never talking about Obi, Tinubu or Atiku before the guy started argument about why South West should get all the appointments at the federal level because of higher population meanwhile the argument is flawed because North West has the highest population by region and as such such get perhaps 50% of the appointments which is never the case here. Can there ever be any reason reason enough to justify nepotism when the outcome affects all citizens?
The way we reason as citizens is why I don't see Nigeria moving anywhere forward but it is very unfortunate for those of us that don't believe in Japa because I fear for my children everyday. If Tinubu that claims to be educted must reciprocate the nepotistic tendencies of Buhari who we know to be an illiterate, then where's the hope for Nigeria?
Re: Nigerian Stock Exchange Market Pick Alerts by searchng4love: 3:00pm On Jul 07
Valthegreat:
He was never talking about Obi and Atiku before the guy started argument about why South West should get all the appointments at the federal level because of higher population meanwhile the argument is flawed because North West has the highest population by region and as such such get perhaps 50% of the appointments which is never the case here. Can there ever be any reason reason enough to justify nepotism when the outcome affects all citizens?
The way we reason as citizens is why I don't see Nigeria moving anywhere forward but it is very unfortunate for those of us that don't believe in Japa because I fear for my children everyday. If Tinubu that claims to be educted must reciprocate the nepotistic tendencies of Buhari who we know to be an illiterate, then where's the hope for Nigeria?
Is it your nepotism? Go and win election or gotocourt
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 3:04pm On Jul 07
But who has heard from Pa Emma recently? Hope all is well with him. His last seen is June 23. We miss him here
Re: Nigerian Stock Exchange Market Pick Alerts by lawani(m): 3:04pm On Jul 07
mikeapollo:
Lagos was not part of Western Nigeria.
Western Nigeria at the time included Delta and Edo (old Bendel), Ekiti, Oando, Osun, Oyo. So resources from these places (Cocoa, Palm fruits,, etc) SE, North etc. were contributed to the Central Govt. part of which was used to finance the development of Lagos.

Same way Abuja is being developed today

It just baffles me how one could use budget of 55m pounds in a single year as basis for this kind of discussion or topic
Lagos island was not part of the west is what is correct. Lagos state was never the capital of Nigeria, Lagos island was and Lagos island is less than five percent of Lagos state. Lagos State was created in 1967 by merging Lagos island with a chunk of western Nigeria. I hope you get it now.

If I did not show you with evidence that western Nigeria was far ahead of the rest of Nigeria fiscally as early as1960, you wouldn't stop saying it is the money of Nigeria that saved Lagos and by extension western Nigeria.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:07pm On Jul 07
ositadima1:
The problem is that the SW and SE are geographical regions, not ethnic groups. A census measures people living in a geographic location, not their ethnicity. Therefore, if the figure of 55 million is correct, it includes Hausa, Igbo, Yoruba, and people from other ethnic groups living in that region. If a census were conducted based on ethnicity rather than place of residence, it is possible that the Igbo population could outnumber the Yoruba population.
That has always been the political game.All the time I participated in census in the North. I kept quarrelling my ethnicity was not allowed knowing fully that many igbos don't stay in SE.look at every igbo families you know presently .Check how many of the family members stay in SE and you will agree more than half igbo population don't stay in SE states
Re: Nigerian Stock Exchange Market Pick Alerts by lawani(m):
Valthegreat:
He was never talking about Obi, Tinubu or Atiku before the guy started argument about why South West should get all the appointments at the federal level because of higher population meanwhile the argument is flawed because North West has the highest population by region and as such such get perhaps 50% of the appointments which is never the case here. Can there ever be any reason reason enough to justify nepotism when the outcome affects all citizens?
The way we reason as citizens is why I don't see Nigeria moving anywhere forward but it is very unfortunate for those of us that don't believe in Japa because I fear for my children everyday. If Tinubu that claims to be educted must reciprocate the nepotistic tendencies of Buhari who we know to be an illiterate, then where's the hope for Nigeria?
Empathy is important in any endeavor. If Ijaw and Igbo were in one country, would you agree that they get the same number of appointments in any government ? If you won't, why will you support that the SW get less than three times of the appointments given to the SE by any government? Check voters registration, NIN registration, active sims, number of Profs, number of lawyers, number of globally ranked universities, scholars of world acclaim, Nigerians resident abroad, number of registered companies Check anything. Why would you support injustice?
Re: Nigerian Stock Exchange Market Pick Alerts by IamR: 3:10pm On Jul 07
mikeapollo:
Lagos was not part of Western Nigeria.
Western Nigeria at the time included Delta and Edo (old Bendel), Ekiti, Oando, Osun, Oyo. So resources from these places (Cocoa, Palm fruits,, etc) SE, North etc. were contributed to the Central Govt. part of which was used to finance the development of Lagos.

Same way Abuja is being developed today

It just baffles me how one could use budget of 55m pounds in a single year as basis for this kind of discussion or topic
Lagos Island
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:12pm On Jul 07
HesInMe:
I'm not even sure what you're trying to achieve. The case against BAT is clear: He's the incumbent at a time of deep economic pain shared by most people resulting from his policies, and he hasn't fixed structural problems like electricity and corruption to ease the burden.

If you're an Obi supporter, focusing on banal ethnic rivalry just detracts from the case he should be prosecuting is unhelpful.
A very big disappointment! I expected much better from you.
I reason above and beyond pedestrian partisan interests.
Whoever will win the election is not my business.
Anyone of them can win; it is for Nigerians to decide. My only issue is good governance after anyone of them wins the election.

In Nigeria of today, ANYONE, ANYBODY can win election if he knows his ways and plays the game well because the people are generally ignorant, divided, hungry and not ready to change or liberate themselves.
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 3:13pm On Jul 07
mikeapollo:
Lagos was not part of Western Nigeria.
Western Nigeria at the time included Delta and Edo (old Bendel), Ekiti, Oando, Osun, Oyo. So resources from these places (Cocoa, Palm fruits,, etc) SE, North etc. were contributed to the Central Govt. part of which was used to finance the development of Lagos.

Same way Abuja is being developed today

It just baffles me how one could use budget of 55m pounds in a single year as basis for this kind of discussion or topic
My Chief, majority of the present Lagos State was under the governance of the Western Region. Places like Ikeja especially the industrial area, Agege, Ilupeju and its Industrial Industrial area, Oshodi and its Industrial area, Badagry and part of the Ijebu Province consisting of Epe, Ikorodu and Ibeju Lekki.

These areas were ceded from the Western Region to allow them merge with the Federal Capital Territory area of Surulere, Yaba, some parts of Apapa, Lagos Island, Ikoyi, and Victoria Island to create the present Lagos State.

This is one of the reasons why many of the personel in Lagos State are usually Ijebus. Even the present governor is an Ijebu man and his predecessor was acclaimed to be from Epe.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:14pm On Jul 07
lawani:
Lagos island was not part of the west is what is correct. Lagos state was never the capital of Nigeria, Lagos island was and Lagos island is less than five percent of Lagos state. Lagos State was created in 1967 by merging Lagos island with a chunk of western Nigeria. I hope you get it now.

If I did not show you with evidence that western Nigeria was far ahead of the rest of Nigeria fiscally as early as1960, you wouldn't stop saying it is the money of Nigeria that saved Lagos and by extension western Nigeria.
Stop confusing the topic. It is not about Western Nigeria or South West!
It is about Lagos! Period!
Re: Nigerian Stock Exchange Market Pick Alerts by Jaakay: 3:15pm On Jul 07
From politricks to geography, in a stock market forum. I just tire.
Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 3:16pm On Jul 07
Gina, Seems your bet in NAHCO will pay off eventually
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:17pm On Jul 07
yMcy56:
Street, abeg leave that Oga, he's doing great work here.
His posts are always stock related, valuable and always useful to some of us and enlightening.
No vex if whatever he says annoys you, let it go abeg.
No Wahala madam. I rest my case.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:18pm On Jul 07
ololufemi:
My Chief, majority of the present Lagos State was under the governance of the Western Region. Places like Ikeja especially the industrial area, Agege, Ilupeju and its Industrial Industrial area, Oshodi and its Industrial area, Badagry and part of the Ijebu Province consisting of Epe, Ikorodu and Ibeju Lekki.

These areas were ceded from the Western Region to allow them merge with the Federal Capital Territory area of Surulere, Yaba, some parts of Apapa, Lagos Island, Ikoyi, and Victoria Island to create the present Lagos State.

This is one of the reasons why many of the personel in Lagos State are usually Ijebus. Even the present governor is an Ijebu man and his predecessor was acclaimed to be from Epe.
Even at that, how many roads, bridges, sea ports, airport etc. did the Western govt build in Lagos? The Western govt was more involved at Ibadan.
It was the Central govt that built the big infrastructure in Lagos, and most of the funds came from other regions or parts of the country. It was not IGR money from Lagos that was used to develop Lagos.
Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 3:18pm On Jul 07
They will tell you it affects the stock market. I ask which part of their political opinion affects the market.
Very annoying.

Jaakay:
From politricks to geography, in a stock market forum. I just tire.
Re: Nigerian Stock Exchange Market Pick Alerts by lawani(m): 3:19pm On Jul 07
mikeapollo:
Stop confusing the topic. It is not about Western Nigeria or South West!
It is about Lagos! Period!
Lagos by 95 percent was western region and almost forty percent of the SW population live there today. If you want to talk about only the old capital which is less than five percent of the state, you will still meet the same opposition. Go to Zungeru.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:23pm On Jul 07
Ginalex:
But who has heard from Pa Emma recently? Hope all is well with him. His last seen is June 23. We miss him here
He is on vacation in Cape Verde
Re: Nigerian Stock Exchange Market Pick Alerts by Valthegreat(m): 3:28pm On Jul 07
lawani:
Empathy is important in any endeavor. If Ijaw and Igbo were in one country, would you agree that they get the same number of appointments in any government ? If you won't, why will you support that the SW get less than three times of the appointments given to the SE by any government? Check voters registration, NIN registration, active sims, number of Profs, number of lawyers, number of globally ranked universities, scholars of world acclaim, Nigerians resident abroad. Check anything. Why would you support injustice?
The people living in Lagos and populating the south west are from every part of Nigeria and with South Easterners forming the highest number of non indigenes in almost every non South Eastern state. You are only using the statistics you think that favors you, why didn't you mention the business community? or only lawyers are useful to Nigerian economy? Even your south west doesn't have a higher number of Nigerians in diaspora so stop the chest beating.
The most important argument that will move Nigeria forward is 'how do we get it right with governance' not your ethnic rhetorics and being clever by half, counting everybody living in your region as south westerners but denying them opportunities when the time comes for sharing resources. If 80% percent of Lagos dwellers are south westerners why do you need to unleash MC Oluomo and his boys on voters during elections? Can 10% of voters determine the outcome of an election in a democratic election?
Re: Nigerian Stock Exchange Market Pick Alerts by HesInMe: 3:31pm On Jul 07
Anyway, what are people still buying o?
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 3:33pm On Jul 07
cheesy
Agbalowomeri:
He is on vacation in Cape Verde
grin

I hope he's fine sha and just taking a break.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:35pm On Jul 07
Agbalowomeri:
He is on vacation in Cape Verde
You only responded and answered when a beautiful lady posted!
This man! grin
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 3:46pm On Jul 07
debeey87:
Gina, Seems your bet in NAHCO will pay off eventually
wink wink
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