₦airaland Forum

Ihatepork:
Lagos has some very huge projects ongoing that would widen it's gap against Ogun when completed. Like Eko Atlantic, Dangote refinery and the rail project. But Ogun is moving very very fast atm and giving Lagos a good run for it's money.

The point of this thread is to make it clear that the only state we should be comparing Ogun state with is Lagos. Any other nonsense dick contest with another state is a waste of time

Ihatepork:
Lagos has some very huge projects ongoing that would widen it's gap against Ogun when completed. Like Eko Atlantic, Dangote refinery and the rail project. But Ogun is moving very very fast atm and giving Lagos a good run for it's money.

The point of this thread is to make it clear that the only state we should be comparing Ogun state with is Lagos. Any other nonsense dick contest with another state is a waste of time

Ihatepork:
Lagos has some very huge projects ongoing that would widen it's gap against Ogun when completed. Like Eko Atlantic, Dangote refinery and the rail project. But Ogun is moving very very fast atm and giving Lagos a good run for it's money.

The point of this thread is to make it clear that the only state we should be comparing Ogun state with is Lagos. Any other nonsense dick contest with another state is a waste of time

lakhadimar:
* the largest fdi in the whole south east is in anambra - sabmiller, makers of hero beer


* two years ago, inbev, the makers of Budweiser, the world's leading alcoholic brand, bought over sabmiller


* inbev is currently constructing an ultra modern brewery in sagamu, ogun state with an investment that is four times the worth of their plant at anambra


what all these mean is that the highest Fdi in the south east is like a mushroom compared to what is obtainable in the west. all the same, I don't like it when we compare ourselves with those people; it's an insult to us.

in yorubaland, our standard for industrialisation should be America and western Europe

Ihatepork:
Lagos has some very huge projects ongoing that would widen it's gap against Ogun when completed. Like Eko Atlantic, Dangote refinery and the rail project. But Ogun is moving very very fast atm and giving Lagos a good run for it's money.

The point of this thread is to make it clear that the only state we should be comparing Ogun state with is Lagos. Any other nonsense dick contest with another state is a waste of time

pasol4real:
Hahahahaha
Afonjas always looking for the slightest opportunity to compare themselves with the great n mighty ndigbos .
Two points to be noted from this article.
1.Ogun is only gaining from Its proximity to Lagos ,Lagos been a no man's land was developed by mainly ndigbos n federal government,interestingly the parts of Ogun been industrialised are more or less Lagos extension.(mowe sango otta ibafo )while places like sagamu ,ijebu ode, epe etc are so backward , underdeveloped n completely unindustrialised .
2. Most of this industries are not owned by Yorubas
in other words Yorubas are not responsible for the industrialisation in Ogun n Lagos .
If Nigeria breaks up today n every one goes their vsrious ways ,Ogun n Lagos wud be ghost towns.
So afonjas rejoicing at the news are just been ignorant, dumb n carried away by their jealousy for Ndigbos .

pasol4real:
Hahahahaha
Afonjas always looking for the slightest opportunity to compare themselves with the great n mighty ndigbos .
Two points to be noted from this article.
1.Ogun is only gaining from Its proximity to Lagos ,Lagos been a no man's land was developed by mainly ndigbos n federal government,interestingly the parts of Ogun been industrialised are more or less Lagos extension.(mowe sango otta ibafo )while places like sagamu ,ijebu ode, epe etc are so backward , underdeveloped n completely unindustrialised .
2. Most of this industries are not owned by Yorubas
in other words Yorubas are not responsible for the industrialisation in Ogun n Lagos .
If Nigeria breaks up today n every one goes their vsrious ways ,Ogun n Lagos wud be ghost towns.
So afonjas rejoicing at the news are just been ignorant, dumb n carried away by their jealousy for Ndigbos .

bufness:
ogum state really has to improve their roads first before it begins to see real improvements

kettykin:
Let all the factories , industries , businesses etc move to Ogun state i dont care , as long as the East produce the best brains that run the world and africa .

kettykin:
I am one of the investors in Ogun , i have some landed property in Ogun , so i dont loose sleep when i read such information , i understand the yoruba media and their hype . I am one of the few people who have travelled Nigeria end to end , visiting all the 36 states. so let all the companies go to ogun for all i care if Ogun or south west wants to secede no one will bat an eyelid but when people hear biafra the whole world shake

Ereolamide:
If a region touted as brown roof can attract these huge volume investments, every reasonable igbo man should pray the whole alayibo to rust.

Ihatepork:
Lmaooo these flattees won't kill us with laugh

Ihatepork:
November 22nd, 2017 Editor Economy 0 comments

A three-year data dealing with the direction of manufacturing and agro processing investments show that Ogun is elbowing Lagos in new investments.

[b]Data by the Manufacturers Association of Nigeria (MAN), analysed by BusinessDay, show Ogun State has over 70 percent share of manufacturing investments in the country between 2014 and 2016.

In 2014, manufacturers invested N691.77 billion, out of which N514.87 billion went to Ogun State, representing 74.42 percent of the total .

Apapa and Ikeja in Lagos contributed N15 billion and N85 billion to the investments respectively, representing a combined 15 percent of the total.

Out of the N180.12 billion invested in the manufacturing and agro-allied industries in Nigeria in the first six months of 2015, N128.3 billion went to Ogun, representing 71.23 percent. Ikeja and Apapa industrial zones got N15.74 billion and N6.98 billion, representing 8.7 percent and 3.9 percent share of the total respectively.

Similarly, manufacturing investments worth N309.33 billion were made in H2 of 2015, out of which N302.26 billion went to Ogun, representing 97.7 percent of the total. Apapa and Ikeja shared the remaining less than three percent with other industrial zones across the country.

In the first half of 2016, total investments estimated at N54.55 billion were made by manufacturers in the country, out of which N37.51 billion moved to Ogun within the period. This means that 69 percent of all investments within H1 of 2016 were channelled to Ogun State. Apapa and Ikeja shared the remaining 31 percent with other industrial zones such as Edo/Delta, Imo/Abia, Oyo/Ondo/Osun/Ekiti, Kano/Sharada/ Challawa, Kano Bompai, Anambra/Enugu, Bauchi/Benue/Plateau, Rivers, Kwara, and Abia.

In the second half of 2016, MAN survey shows that N313.62 billion worth of investments were directed to Ogun out of the total N448.94 billion. This represents 70 percent of the total. Like in the first half, Apapa and Ikeja industrial zones stampeded for the remaining 30 percent investments with other zones[/b].

MAN is the largest manufacturing association in West Africa with over 2,000 companies as members.

Frank Udemba Jacobs, president of MAN, told Real Sector Watch that manufacturers find Ogun as a good investment destination due to the government’s commitment to industrialisation.

“Manufacturers are happy with Ogun because they get incentives from the government,” said Jacobs.

Manufacturers say they get tax and land rebates in Ogun, which lowers production cost in the long run. It is also easier and seamless to get certificate of occupancy (C of O) in Ogun, a manufacturer in the food and beverage industry told BusinessDay.

There is also a one-stop shop that allows investors to have a single point of contact for their dealings with the various ministries, departments and agencies of the state.

The cost of doing business in the state is also less when compared with Lagos.

“There is less harassment from touts in Ogun and the traffic is light, while there is more available accommodation for staff in the state,” another investor told BusinessDay.

Jon Tudy Kachikwu, chairman of the SME Group of the Lagos Chamber of Commerce and Industry (LCCI), said it takes about 30 days for agro processors and SMEs to get C of Os in Ogun.

“You know businesses are many in Lagos, so there might be some ‘I don’t care attitude’ from some government agencies. Again , people prefer Ogun because of multiple taxation and cost of the environment in Lagos,” Kachikwu, an agro processor and exporter, said.

In the three-year review, more investments moved to Agbara, Igbesa, Abeokuta , Sango-Otta, Ibafo, Mowe, Ijebu-Ode and Sagamu industrial clusters, all in Ogun State.

In 2014 alone, new investors such as Shongai Technologies Limited, Ijako in Sango-Otta, Apples and Pears Limited, Ceplas Farms Limited, Greenlife Bliss Healthcare Limited, and Sumo Steel Limited, berthed Ogun.

In the last three to four years, manufacturers have either moved from Lagos to Ogun or relocated their factories to the state, leaving only administrative offices in Lagos. Some of the companies that have done that include Fidson Healthcare, May & Baker, Pure Chemicals, Eagle Packaging, Nycil Limited, and Dufil, among others.

“Seventy manufacturing companies were established during first four-year tenure of Governor Ibikunle Amosun of Ogun State and both existing and new companies were given some level of incentives and benefits that prompted rapid development in manufacturing sector,” said Bimbo Ashiru, commissioner for commerce and industry, said in 2014.

Analysts say Ogun is benefitting from proximity to Lagos. A research done by The Economist in 2015 showed that an average company in Lagos 956 hours per year in paying taxes. However, things are changing in 2017 as the recent Doing Business Index by the World Bank shows some positive changes in doing business in Lagos.

http://www.businessdayonline.com/industrial-data-show-lagos-losing-real-sector-investments-ogun-2/

Shuku0kukobambi:
You hate pork, yet you forgot to invite me to this thread that is vomiting verifiable stats like its going out of fashion?

I go soon force-feed you some pork if you're not kiafu!!

This is great as its obvious that Yoruba land must progress whether haters like it or not. However, their main taxes (CIT) will be chopped by the FG. I think its high time this 13% derivation principle gets adopted in customs duties, vat, CIT Etc.

Lagos is full. Ogun took over. Oyo is warming up to take it from Ogun and Oyo has even been on track since sef courtesy Pa Awo with the Oluyole industrial.

Edumare bless ile Oodua and all who wish her well

post=63405392:
I pity gullible minds from southwest

http://saharareporters.com/2017/01/25/ogun-assembly-amosun-war-over-governors-desire-borrow-n65b

Ogun Assembly, Amosun At War Over Governor's Desire To Borrow N65b

It immediately became clear to the lawmakers that the loan for which approval was being sought would be used as a war chest for the 2019 general elections.

The relationship between Mr. Ibikunle Amosun, governor of Ogun State, and the state legislature has become badly fractured over the refusal of the House to approve the governor’s request to borrow a N65 billion loan.

Legislative sources told SaharaReporters on Wednesday that the Speaker of the Ogun State House of Assembly, Mr. Suraj Adekunbi, had, on Sunday, sent a text message inviting the legislators to a meeting with the governor at 2 PM on Monday.

The text message urged the lawmakers to be punctual in their arrival for the meeting because the issues for discussion were very crucial. It, however, failed to give a specific agenda for the meeting.

But as the legislators found out the meeting, which lasted from 2PM to 6PM at the governor’s office in Abeokuta, there was only one agenda: A fresh request for a N65 billion loan, for which he needs the approval of the House.

With the knowledge that Mr. Amosun recently accessed a bailout of about N20 billion from the federal government, the request for an approval to borrow again came to the legislators as a shock, which was clearly conveyed to the governor.

Sources at the meeting said Mr. Amosun invented a variety of pretexts in a bid to persuade the legislators to approve his request. While speaking, the governor unknowingly gave the game away. Multiple sources at the meeting told SaharaReporters that Mr. Amosun said if he gets the loan and completes the projects he started, which are at various stages of abandonment, “all the people running around that they want to be governor will run away."

It immediately became clear to the lawmakers that the loan for which approval was being sought would be used as a war chest for the 2019 general elections.

Opposition members in the House were said to have immediately registered their disapproval of the use for which the loan is to be put as well as Mr. Amosun’s treatment of members of the House.

A legislator was said to have gotten up and, in no roundabout way, told the governor that he has been selfish. The lawmaker, said a source, told Mr. Amosun that he has been taking care of his own interests, while neglecting the welfare of the House members.

Also in attendance at the meeting was Mr. Tolu Odebiyi, Chief of Staff to the governor, who is being widely touted as Mr. Amosun’s anointed successor. He was said to have kept quiet, as the legislators rounded on his boss. Even when asked if he had anything to say, said sources, Mr. Odebiyi shook his head to indicate that he did not want to speak.

Angered by Monday’s events, the lawmakers, on Tuesday, shunned the House session despite being persuaded by the Speaker to sit. Later on Tuesday, sources disclosed to SaharaReporters, the Speaker informed his colleagues that Mr. Amosun had sent N1 million to each member. This was, however, rejected, as the legislators told the Speaker that they wanted N5 million each.

“Before he was given the bailout, he promised us N10 million naira each. We believed him because it was during Ramadan and he was fasting, but he did not keep to his word. He brought one million naira for each of us. We can never trust him again,” one of the lawmakers confided in SaharaReporters.

The lawmaker also disclosed that Mr. Amosun was behind the campaign against the N100 billion bond that his predecessor, Mr. Gbenga Daniel, attempted, without success, to obtain. The legislator said the governor is looking worse than his predecessor in his debt wish for the state.

He equally disclosed that Mr. Amosun presented the loan he is seeking as counterpart funding for a project, saying it implies that he may obtain as much as N650 billion in loans.

Under the current Speaker, the House has approved for Mr. Amosun a variety of loans. These included N25 billion from First Bank, N15 billion from Guaranty Trust Bank, another N7.5 billion from Guaranty Trust Bank, N40 billion from Prada Marcedo, a Brazilian financial institution, N2 billion from the Bank of Agriculture, N1 billion naira from Federal Mortgage Bank, N20 billion in bailout funds and N50 billion from the capital market.

BecomeALandLord:
The op is definitely spot on..!!

Ogun state is massively opening up as investors are really tropping in to build factories, warehouses, companies, etc.
Thereby creating more jobs for indigens and residents of the state.

Ogun state assessibility to Lagos State by road makes it even more interesting to own a piece of real estate in this axis.

For instance Attan Ota is very assessible to Agbara .
Lots of people are investing and buying real estate at Attan Ota.
Lands here are considerably cheap, and dry and level.
Contact us for genuine lands at Ogun State.

Ihatepork:
Has anyone imagined if Dangote refinery, LADOL, Petrolex were all owned by these people. oboy! we for don suffer

arinzeejikonye:
Hi everyone,
I come in peace, hence I seek disarmament from the keyboard elite force,

First am happy for the developments,
However the verisimilitude of these stats being churned out is getting me befuddled,

For instance, To what extent was the research in kano conducted, in view to foster accuracy and truthwordiness as comprehensive collection of data.

My skepticism isn't borne out of calumny, spiteful scorn nor hypocrisy, tribalistic chauvinism and ethnocentric-cyber armageddon, far from it,

Here are my buts,
How can such stat not take into cognizance the humongous clusters and estates of industrial complexes spanning all over gezawa lga in kano

These sorts of drifts keep giving the impression of haphazardly concocted falsification of half truths,

Example in gezawa lga alone from yankaba to gudunwawa to jogana to minjibir to hadeja road onward towards jigawa spans clusters of industrial Parks

Lee group alone got almost three clusters, as a single company into myriads of productivity

This is just a company,

I ain't even talking about other lgas,
Just gezawa alone,

Even the quackiest statistician in quackery can't be blinded not to see the tens of clusters of industries in gezawa lga

Like I said this is just one of the clusters owned by just Lee group


You be the judge with an unbiased lens and rate the fabrication christianed stat

sarrki:
Know rivalry

Its all omoluabis

The sure banker is ocean and sea can't be moved to ogun

Ihatepork:
Yes bro. The rivalry is healthy, The development needs to spread for the overall betterment of the region. Oyo is next once the Lagos-IB rail is completed. A seaport is also needed in Ondo to open up that area

Lagos, Ogun and Ondo all have access to Atlantic Ocean. We have water, we have land. We're not like those people that have to leave their potorpotor enclave to see what beaches look like

arinzeejikonye:
Hi everyone,
I come in peace, hence I seek disarmament from the keyboard elite force,

First am happy for the developments,
However the verisimilitude of these stats being churned out is getting me befuddled,

For instance, To what extent was the research in kano conducted, in view to foster accuracy and truthwordiness as comprehensive collection of data.

My skepticism isn't borne out of calumny, spiteful scorn nor hypocrisy, tribalistic chauvinism and ethnocentric-cyber armageddon, far from it,

Here are my buts,
How can such stat not take into cognizance the humongous clusters and estates of industrial complexes spanning all over gezawa lga in kano

These sorts of drifts keep giving the impression of haphazardly concocted falsification of half truths,

Example in gezawa lga alone from yankaba to gudunwawa to jogana to minjibir to hadeja road onward towards jigawa spans clusters of industrial Parks

Lee group alone got almost three clusters, as a single company into myriads of productivity

This is just a company,

I ain't even talking about other lgas,
Just gezawa alone,

Even the quackiest statistician in quackery can't be blinded not to see the tens of clusters of industries in gezawa lga

Like I said this is just one of the clusters owned by just Lee group


You be the judge with an unbiased lens and rate the fabrication christianed stat

janellemonae:
Lol! Now ur pulling up pictures from the north, instead of ur southeastern state?

There are industries everywhere, it shouldn't be a big deal. We are all still scratching d surface, nowhere is developed yet. If there was resource control, even just 50% of state production, the south south is by far the richest part of the country. Every single person knows dt and can't contest it. I personally think southsoutherners are fighting the wrong fight. Illiterate militants. Clueless leadership. Things dt should even matter to d educated politicians, like Ben Bruce, don't matter.

Contrary to what u see here on nairaland, an average Yoruba man resents boasting. It's not a part of our culture, but hey, as long as Igbos keep calling Lagos 'no mans land', the hate will never end, it will only escalate.

ODVanguard:
Bro, you have not showed any shred of measurable data or stat to counter the facts presented in this thread. None. Yet you expect to be taken seriously? The onus is on your to PROVE/COUNTER the data presented herein with verifiable stats and data of your own to prove your case/point if you expect to be taken seriously. Showing pictures of warehouses won't cut it. You talk about Kano clusters when Ogun (which may have even surpassed its population by now owing to the Lagos spillover factor) has several sprawling industrial clusters at Agbara, Igbesa, Abeokuta, Sango-Otta, Ibafo, Mowe, Ijebu-Ode and Sagamu. You sound like the one who's biased IN SPITE of an abundance of evidences from MAN. Showing Lee group-owned clusters of probably empty warehouses doesn't puncture nor counter the point of this thread. I'm sorry but if Kano is as industrialized as you tout (relative to Ogun), available and verifiable data would easily reflect it without you having to try so hard to convince the rest of us. Indeed Kano IGR should reflect it coz Ogun is already posting very impressive revenues owing to its industrialized status (even though a number of the new companies in the state are still enjoying tax holidays). The latest 1st to 3rd Quarter report on IGR further demonstrates that these reports concerning Ogun are indeed credible coz the numbers are there to back them up. Compare and contrast them with Kano's:

https://s17.postimg.org/jys2u0pgv/kano.png

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https://s17.postimg.org/ullvzh073/ogun.png

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http://punchng.com/ogun-attracts-75-fdi-into-nigeria-uk-envoy/

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https://s8.postimg.org/8l5o5m7px/oggd.png

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https://s8.postimg.org/4ar0afnbp/igr_index.jpg

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https://s17.postimg.org/njnydi1sv/ogunkano.jpg