masterpower:
You should ask yourself What Next For THE CRIMINAL Southwest AND THEIR FULANI SLAVE MASTERS?

THAT IS WHY WE TOLD YOU PEOPLE THAT B.1.A.F.R.A IS NOT ABOUT CRUDE OIL BUT ABOUT addressing THE WICKEDNESS OF THE CRIMINAL/ROGUE COUNTRY CALLED NIGERIA.

THE IGBOS ARE DOING WONDERS WITHOUT OIL.

Em, not entirely true. The wonders you are doing IS NOT in igboland. You are astute traders and business managers but ONLY outside your geographical locality. Lets assume you get your B.1.a.f.r.a.land, then all the spare-parts dealers, drug distributors, movie and music distributors etc move back to the promised land- WHAT NEXT?? Will you sell spare parts to one another? or barter movies for medical supplies?
Bia, your biggest and most profitable market is where? It is still the ZOO, call a spade a spade. You sell it, we buy it, end of story!

bloodyBLOGGER:
when a person vilifies others and paints himself good, just know that such a person is emotionally sentimental and silly.

In your warped mind, you were quick to rubbish other states just to paint aba and SE states in good light. What is local industry and what is international industry?

Does it really matter what type of industry a state has? Just cos you produce shoes and clothes doesn't make your state a state with local industries. A shoe and clothe producing industry in SE is as good as a packaging industry too cos the leather and cotton/wool are not gotten from SE but from the north and abroad. So, why should we called them local industries? They are also packaging firms too.

An illiterate is far better than you

This is why I said NOTING IS PARMENENT In THIS LIFE. Oya na to carry hoe and cutlass begin dey farm na.

fx45:
Aren't there Igbos in the Niger-Delta?

Are there not yorubas in the Niger-Delta?.

[quote author=jstbeinhonest post=41491175][/quote]


abegi sophisticated my brown ass, tell that to ur diabolic gods.

Foolish talk. What were the northeners surviving earlier before now? Wasn't it tin and columbite and are they not surviving since after then?

asorocker:
The decline of the oil industry is going to be worse on the states of Lagos and kano.

Lagos because an analysis of the igr of Lagos shows that Lagos derived it's revenue from the income tax and the income tax bulk is from the oil workers whose offices are in Lagos.
The oil and gas component of the Lagos igr is more than 40% of the igr. Income tax paid by high earning oil and gas industry executive who gross average of N5m monthly has helped Lagos


Secondly kano will be the worst hit as the only state whose take home is equivalent to the take home of niger delta states with their 13% derivative.

Kano doesn't have the human capital to generate income tax.

Third state /city is Abuja. It is said that Abuja was built with oil money, where would the money to sustain and maintain Abuja come from if not the same money from niger delta.

Some states like kwara, benue, adamawa can easily with agriculture fight the downturn of their economy, how would sokoto, yobe, jigawa whose populace don't farm and whose land is far from economic centres for export of agricultural products survive.

The next in line are the hausa cities of katsina, batching, kaduna who benefitted from the lopsided federal allocations. Now that the oil wealth is going and there is no human capital we hope they will not turn to insurgency as a means of raising attention and revenue.

The states that would enjoy and be kings in the new dispensation.

Anambra, Nigeria's brain box and commercial hub will have its non oil economy growth unequalled and unrivaled. Anambra survived with no oil allocation managed the little it had and built an enabling environment for investments.

Akwa Ibom, this state was blessed with resources and good managers who used it very well to grow infrastructure and are currently working on a sea port.

Abia this state hosts aba, Nigeria's city of enterprise and football, aba is living beyond oil already.

I have never been to akwa ibom... pls which INFRASTRUCTIRES are in akwa ibom?

Anambra home of indigenous industries

Goodboiyy:
If you create this thread to mock on Us, then u must be a joker.. Asin am happy the crude is fading away.. atleast East , West And North go let us be.. Wenti na.. una 1 pest us die, #Parasites

cry not for us.. Cry for your poverty unfertile land..

Hahahaha... Oga you dey vex o.

@ OP before you start beating your meat to the thought of a helpless, irrelevant and/or impoverished Niger Delta here's some tidbits to keep in mind:
(a) In every sector there are boom and bust cycles. '73 Gowon govt enjoyed Arab embargo-fuelled boom, Shagari had Iran crisis boom and then later supply glut-bust, which ofc as we all know played a significant role in bringing down his govt. There's just something about about getting flushed with cash and then having the tap shut down unexpectedly eh ?...But look at it, all of a sudden we are quick to forget the fickleness of the market( demand dynamics in our case) and are back to our wasteful ways the next minute. 1980 lessons mean nothing in 2015. And 2015 lessons will mean nothing in 2030. Its human nature, and no need to freak out. The present bust in the energy industry is in tandem with the temporal nature of the bi-nature of the market buddy.
Shale will come under increasing pressure from environmental groups and although other fields from hitherto absent countries are coming online. Increased ec. growth in Asia and Africa will always provide potential new customers.

(b) The $ value contribution of of oil doesn't change. I mean why should less reliance on oil for Nigeria be a bad thing? Good for the country. Why should everything come from just oil afterall?? However it seems like you're actually equating the reduced fraction in contribution to 'reduction' of the nominal outright value of the contribution. The commodities markets are all facing the crunch. But also do not forget that the said market is sill dominated by energy trades ( about 2/3) . An average/marginally large oil producer is still seeing more bank than a major heavy bulk metals/ore producer nation. So the Delta is still gonna be accruing more than any other region toward foreign exchange earnings lol. So regardless the state allocations will still be 13% of the $ value of the oil sales. If Nigeria likes it can diversify down to 1.5% lol. The nomal value will only be affected by the boom and bust cycles. The share of total national earnings isn't important. Tbh the country should have passed the stage of just sucking on oil throughout by now.

On that same note you probably also took a look at the GDP components and thought 'what a nuisance this oil is becoming ? ' right? Well there's also a problem there. No God-loving nation or even Satan worshipping, should be dependent on oil field activities. I mean how is everyone supposed to wear overalls and man rigs?? What is important is not the oil sector in this case, lts the linkages. Forward, backward, lateral and final-demand linkages.. Look that up. If you're getting my drift so far you'll understand that Lagos is the real oil city. So even SW industry enjoys it as well . The oilfield activity doesn' mean shit. Its the money thats important. And the privilege of productive allocation of the money goes to the financial services sector. Wonder why is grown in its GDP share ?? The biggest singular block of cash is still oil/gas in the country. Hence the region that houses the said resource will still do well man.

Speaking/Speculating on the state of fossil fuels; the verdict is a good one. The energy demand of increasingly sophisticated economies in both hemispheres will continue to grow as even more states become 'developing'. Natural gas specifically will take precedence by like 2050 due to its increased availability, means of extraction and clean'er' emissions. And guess who has the biggest reserves on the continent? ... Yours truly buddy.
So tbh its not really that bad. Tokyo Electric, Chubu Electric, Osaka, East China industries etc are examples of large customers scooping up LNG and other natural gas production. ARIGATO to the Japanese for picking up our Bonny output. I'm disappointed in Jona for not fast tracking Brass, the interest and need for additional production capacity is really not going down anytime soon.
See one thing about ppl like you that downplay fossil fuels is that you forget to notice that even in advanced countries the energy regions are plainly the wealthiest per capita. See Aberdeen( UK) , Alberta ( Canada) , Texas, Stavanger etc. There's no need for everyone to be dependent on just one region or resource or city region. It is a good thing for Naija to diversify. Regardless of such devts. one cannot deny that the biggest $ getter will still be commodities. Unless there is the option of hi-tech manufactures, *cough* tell me who is doing that at the moment in the country. The skills and structures available do not allow for that yet.
The inefficiencies of the Delta relate to mismanagement and lack of vision really. The inherent value and worth of the region is still very much in tact. Thats what is important. The thugs that ruled from '99 are gradually either converting or just becoming irrelevant.

n/b: Dont forget the mass of capital assets littering the region as well. They run into billions of dollars wand will forever add value to overall economic output and overview.

TonyeBarcanista:
Niger Delta is very rich. Before crude oil we were rich in palm oil. In fact, we were called Oil Rivers(Rivers, Warri and Bayelsa states) for a reason. We have rich lland for agriculture and our waters were used for fishing. Though our land and waters have been polluted due to oil exploration. We are rich in gas with abundant gas reserve. Whether oil become worthless or not we won't suffer. We will only adjust.


Most importantly, we have access to see and can easily capitalised on it.


@OP cry not for the Niger Delta. We will do just fine!

Seconded

jstbeinhonest:
Are there not yorubas in the Niger-Delta?.

What part of Yorubaland has the River Niger or its tributaries flowing in it? Maybe you don't understand what Niger-Delta means. Obasanjo's fraud will never stand the test of time.

As it stands the north have power and food, west industry and ports, the south oil, which is gradually becoming inconsequential. If the present fall in oil price is not one of those cycles, then I see oil falling to around 5 dollar per barrel in the next 10 years. In fact demand for oil will be so low by then. As there will viable alternatives by then, like solar and nuclear. However if Buhari succeeds with his promises, I see Nigeria coming out fine, though heavily reliant on the north in the end. All his focuses are either intentionally or non are geared towards empowering north to the point where other parts of the country can't do without them.
1. Agriculture - who has land and people willing to farm? Though Ondo state and its axis will also benefit from this.
2. Solar - to generate 13MWs of power, where else but north?
3. Mineral resources - North has consequential amount of mineral deposits, especially places like Zamfara

Lmao.... pls where in the entire SE is more developed than PH, Warri, Uyo or Calabar... lmao. and pls don't tell me how PH is igboland. SS is also the most sustainable region in Nigeria by a large margin.

explorer250:


what do you define as development? Is it infrastrucure or standard of living ? Even the most developed part of ss is still igboland.

Flyoruboy:


Dude, just STFU!!! I don't give a flying fvck where you're from, though I know for a fact you're a flatth.eaded iPod tout. Can you hear yourself? Even the U.S, the UK, China, South Korea, e.t.c, the powerhouse economies of the world go CAP IN HAND in search of FOREIGN DIRECT INVESTMENTS!!! Just admit it that you are JEALOUS that the SW is a preferred Investment destination compared to your condemned region. Period. And that's why your folks keep invading the same SW region you loath so much for economic sustenance than the other way round. You Fvcking hater!

Companies that only hire unskilled labour . Companies that generate and repatriate whatever wealth back to their base country?


If you don't understand that we are looking at promoting SMEs and not exploitative multi national companies.


Yeye

Bryan37:
It's no news that only 13% of 2016 budget will be funded by the SALE of Crude

Which means that Nigeria is gradually diversifying its economy away from the Oil sector which is expected to even "nose down more". By d time Iran starts pumping their Oil into the international Market, also with d demand for cleaner energy rising day by day and d Cost becoming cheaper and cheaper, I can tell u that in d Next 20 yrs a bucket of Clean water may worth more than a bucket of toxic crude.


What will become of ND a report that has been raped by the Nigeria Government for the past 10 decade

I keep wondering if d OIL was a gift or a curse to this region which made them so Lazy, Corrupt and underdeveloped. Infact d most popular Slogan in d Niger Delta is " our oyel".

The only time ND man is considered in the scheme of things in Nigeria is compensation because of their Oil. Eg emergence of Goodluck Jonathan etc,

Now that the value is gradually diminishing and d reseRve trying, you wonder if this region has done enough or if they are prepared for the storm coming their way.

I must confess, am happy we re moving away from Oil and you are happy too but what will become of our brothers who only relevant is dependent on CRUDE

Your post is totally myopic and dysfunctional to the cause of the ND. For a start, there are business mogul who had done well in the international business world who are from the ND. These are people who made their wealth from other viable means and not from the oil and gas sector, I am sure you don't want me to school you in this regard!

I can authoritatively say that this your column is only borne out of jealousy and pure hatred for the ND region.

In conclusion; the most people that benefited from the oyel as you rightly said are clowns from the East, West and North regions!

I stop posting log time ago, though I was forced to come during the election to form intellectual online warhorse that fought the recent mismanagement and wastage ever witnessed in the Africa. Most of the comments here are childish and lack any intellectual research or analysis.

1. Those people that are complaining should start planning of how to relocate out of Lagos. One of their girl-child novelists even took the Oba of Lagos to an International Court, I am still waiting for the outcome.
2. Somebody said Ogun has only one cement factory which serves Lagos market. That is why we stopped commenting or even checking political page on nairaland. People are so lazy to do little research even using google. I believe only main market traders make such comments. Ogun has four major cement factories,
3. PortHarcourt ports will be made unuseable for them by Ijaws after few years due to their criminal and selfish nature. They will try to dominate Ijaws and Ogonis, they will be resisted. Other nations will support Ijaws, Calabaris, Ogonis against them.
4. International airports abroad will find it easy to screen flight from their territory deeply. They caused most harassment and embarrassment being meted to Nigerians abroad.
5. etc

TheDevilIsALai:


Companies that only hire unskilled labour . Companies that generate and repatriate whatever wealth back to their base country?


If you don't understand that we are looking at promoting SMEs and not exploitative multi national companies.


Yeye

That's it. I'm through with your dumb-a$$. Shyt, your stvpidity may be contagious.

think again, n delta oil will be valuable till Jesus comes

Flyoruboy:


That's it. I'm through with your dumb-a$$. Shyt, your stvpidity may be contagious.

Yeah start with the very unoriginal memes.


At least try and develop your own meme for once.


Illiterate

babaolofin:
I stop posting log time ago, though I was forced to come during the election to form intellectual online warhorse that fought the recent mismanagement and wastage ever witnessed in the Africa. Most of the comments here are childish and lack any intellectual research or analysis.

1. Those people that are complaining should start planning of how to relocate out of Lagos. One of their girl-child novelist even took the Oba of Lagos to an International Court, I am still waiting for the outcome.
2. Somebody said Ogun has only one cement factory which serves Lagos market. That is why we stopped commenting or even checking political page on nairaland. People are so lazy to do little research even using google. I believe only main market traders make such comments. Ogun has four major factories,
3. PortHarcourt ports will be made unseable for them by Ijaws after few years due to their criminal and selfish nature. They will try to dominate Ijaws and Ogonis, they will be resisted. Other nations will support Ijaws, Calabaris, Ogonis against them.
4. International airports abroad will find it easy to screen flight from their territory deeply. They caused most harassment and embarrassment being meted to Nigerians abroad.
5. etc

Ode

explorer250:


let me tell you something. I DONT CARE WHAT YOU THINK ABOUT ME and i wont start proving my origin to you,it only depicts inferiority and your thoughts about my origin doesnt count because your are INCONSEQUENTIAL. And your rants cant stop ndokis and others from being igbo. Do you know what "OBIGBO" means in english? THE HEART OF IGBO LAND/PEOPLE.
Bro, we are proud and not ashamed of our heritage. The people with the brightest IQ in the continent.
AS I HAVE ALWAYS TOLD YOU(OBIGBO)NDOKIS ARE NOT IJAWS. We are not ijaws we are igbo and are proud of it, carry your expantionist agenda to IBENO.

NB: I HAVE ALSO SEEN/BURSTED PEOPLE OF YOUR KIND, HOW ARE MY SURE YOU ARE NOT YORUBA?

Typical Igbo traits. Chest beating, hatred, self centered, proud, noise making, victim playing, lack of respect for others.

asorocker:


Please we are all here to learn and share ideas can you bring your arguments so that it can be analyzed.

guy infact I will call you my brother,sometimes I wonder why people who has no opinion make to much noise,he could not even make a point on the issue on light,infact that guy split like an housa guy,brother base on your overwhelming analyze and preference on state that bench on hope,after oil price must have melt down to it lowest degree is a great thought,for osun,ogun and other western state you didn't mentioned they have no hope.

nairaman66:

Your post is totally myopic and dysfunctional to the cause of the ND. For a start, there are business mogul who had done well in the international business world who are from the ND. These are people who made their wealth from other viable means and not from the oil and gas sector, I am sure you don't want me to school you in this regard!
I can authoritatively say that this your column is only borne out of jealousy and pure hatred for the ND region.
In conclusion; the most people that benefited from the oyel as you rightly said are clowns from the East, West and North regions!

asorocker:


Please we are all here to learn and share ideas can you bring your arguments so that it can be analyzed.

guy infact I will call you my brother,sometimes I wonder why people who has no opinion make to much noise,he could not even make a point on the issue on light,infact that guy split like an housa guy,brother base on your overwhelming analyze and preference on state that bench on hope,after oil price must have melt down to it lowest degree is a great thought,for osun,ogun and other western state you didn't mentioned they have no hope.

masterpower:
You should ask yourself What Next For THE CRIMINAL Southwest AND THEIR FULANI SLAVE MASTERS?

THAT IS WHY WE TOLD YOU PEOPLE THAT B.1.A.F.R.A IS NOT ABOUT CRUDE OIL BUT ABOUT addressing THE WICKEDNESS OF THE CRIMINAL/ROGUE COUNTRY CALLED NIGERIA.

THE IGBOS ARE DOING WONDERS WITHOUT OIL.

if I am not mistaken, the thread is for Niger Delta not Igbos. Must you hijak them by force? Haba!

NakedEve:


lol.
I just dey laff all dis core North states with their low human capital.
Abeg Omo Oduduwa pls take over them as ur possession jare.
Those who were sent there to save them in education and industry were slaughtered.
I pity any Southerner or Middlebeltan who will Br deceived by Buharis 500,000 teaching job opportunity.
Guess what?
In 15-20 years time u will loose all as there will be a repeat of what is going on today there because as long as they have Islam it will be a continuous cycle of calm ist and then later violence.

The only time I will ever believe Islam has repented is when within a space of 50years there is no violence within the region where it is practised.

I wanted to reply you but after checking your name and the time of registered I decide to keep shut cos I can't wait waste my time with an imposter.

omonnakoda:
That is your own perception.You folk alway delude yourselves you are better than everyone else.
Are you more of a hustler than the Fulani who walks from Sokoto to PH with his cows facing hostile humans and beasts on the way? Leave that self indulgent Ibo tale for your village entertainment. Everyone hustles in the way that they have aptitude for. The fact of the matter is the greatest economic activity in Nigeria today more than oil or anything else is agriculture. That is an indisputable fact. Now what do Ibos contribute to agriculture in Nigeria? Instead you continue making empty boasts about how Onitsha market is the largest in the Milky Wayand the US Army buys drones there.

Once again Agriculture accounts for more than 70% of Nigerian economy .What is the Ibo contribution?

Seems like you want to derail this thread...

Goodboiyy:
If you create this thread to mock on Us, then u must be a joker.. Asin am happy the crude is fading away.. atleast East , West And North go let us be.. Wenti na.. una 1 pest us die, #Parasites

cry not for us.. Cry for your poverty unfertile land..

no mind those idiots. They have forgotten that Biafra land is landlocked while ss is blessed with seaports.edo delta akwa ibom ,c. Rivers are fertile grounds

asorocker:
The decline of the oil industry is going to be worse on the states of Lagos and kano.

Lagos because an analysis of the igr of Lagos shows that Lagos derived it's revenue from the income tax and the income tax bulk is from the oil workers whose offices are in Lagos.
The oil and gas component of the Lagos igr is more than 40% of the igr. Income tax paid by high earning oil and gas industry executive who gross average of N5m monthly has helped Lagos


Secondly kano will be the worst hit as the only state whose take home is equivalent to the take home of niger delta states with their 13% derivative.

Kano doesn't have the human capital to generate income tax.

Third state /city is Abuja. It is said that Abuja was built with oil money, where would the money to sustain and maintain Abuja come from if not the same money from niger delta.

Some states like kwara, benue, adamawa can easily with agriculture fight the downturn of their economy, how would sokoto, yobe, jigawa whose populace don't farm and whose land is far from economic centres for export of agricultural products survive.

The next in line are the hausa cities of katsina, batching, kaduna who benefitted from the lopsided federal allocations. Now that the oil wealth is going and there is no human capital we hope they will not turn to insurgency as a means of raising attention and revenue.

The states that would enjoy and be kings in the new dispensation.

Anambra, Nigeria's brain box and commercial hub will have its non oil economy growth unequalled and unrivaled. Anambra survived with no oil allocation managed the little it had and built an enabling environment for investments.

Akwa Ibom, this state was blessed with resources and good managers who used it very well to grow infrastructure and are currently working on a sea port.

Abia this state hosts aba, Nigeria's city of enterprise and football, aba is living beyond oil already.

Real beer parlour talk, where did you get these figures from. The service industry accounts for most of Lagos IGR. Also a lot of oil workers are not domiciled in Lagos, except for admin and some expats, a lot of taxes(withholding) paid by oil companies goes to FG because most of their contractors are incorporated entities. A lot of service companies provide more expat PAYE income than oil firms now a days.

Bryan37:

On point bro

Igbos re doing wonders without Oil

D way things are going, NIGER DELTA REPUBLIC will be voluntarily handed to them cos they will be so parasitic and lazy @ d same time.

Our oyel, our oyel

NORTH has played dre card so well divide and rule them, them named them NIGER DELTA/SS just to make sure they don't align with another major tribe.

E go do them boom Na Anya.


Our oyel pple

thoes guys are like dogs the owners change there name when ever they feel like
frm bendel to south south to niger delta, soon maybe south delta.
maaaaaaaaaaaad feofle.

it's going to affect the whole country. I think the best thing is for Nigeria to Refine Locally and stop the importation of PMS

asorocker:

Yes it is the seat of power but where would the money for the expansion of Abuja infrastructure come from.
The point is Abuja at best would remain as it is, simplistic and maintaining the few infrastructure there.

But for Lagos I honestly don't see much hope.
Where would the money to maintain the bridges come from. Lagos just embarked on gigantic construction project the eco Atlantic which requires a lot of infrastructure.

For starters like Akwa ibom, they just need to start economic projects that would sustain their infrastructure like deep sea port, gas projects etc.

While cross river should build on their tourism and agriculture.

I have no comment on Osun, oyo, ogun states for now for certain reasons.

While for the middle belt states if only fulani herdsmen can allow you to farm then there is hope.

For the South East more investment in the industrial sector, auto and machine parts, steel sector, power generation, shoe making etc some rice, Palm investment

While for the extreme north, I have no advice.

Let me counter your thread in a diplomatic way brother.

LAGOS- you will agree with me that there are lot of industries in the state which is not limited to oil alone. FCMG, Steel, Beverages, Automobile, Power Generation Company, Manufacturing, Agrobased/Agro allied industries, etc. The state has a way of diversifying if her IGR is mainly generated from oil which I don't think it's entirely based in oil.

OTHER SOUTH WEST STATES: Aside Ogun been the most industrialised state in Nigeria, she is blessed with natural resources like limestone, a commercial hub of 60 perecent building/construction material in Nigeria. Agricultural sector in the state is massive and others I can recall for now. Even though Osun has economic issue, if their resources is well utilised, their IGR will increase.