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Nairaland Forum / Nairaland / General / Politics / Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy (9129 Views)
Peter Obi Lied On Foreign Direct Investment-fdi / UK To Partner FG On Ogoni Clean-up - Uk Envoy / Ogun Attracts 75% FDI Into Nigeria – UK Envoy (2) (3) (4)
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Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 7:29am On Dec 29, 2017 |
AshiwajuFoward:3500 MW what? It seems you people take us for fools. Another stat for Afonja Bureau of Statistics. BeautifulSE, come and see your brother. |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 7:31am On Dec 29, 2017 |
chuksanambra:1.5 Million capacity event centre is not an investment? Una no go kill us. |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 7:39am On Dec 29, 2017 |
BeautifulSE:So you cannot pull out a single statistics from the internet and you want me to take you serious? Ordinary statistics from last year you can't pull it out. I quoted NBS because its you people's favorite. I don't use it my analysis. I rather collect from World Bank than NBS. When MAN start collecting data through surveys? Fear God nah. |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 7:40am On Dec 29, 2017 |
EzeNri: I just woke up hence my belated response. Dude, you are nothing but a jobless lout grasping at straws , and I am sure you could deduce that the $60 was a typographical error on my part (I mistakenly entered $ in place of N) but chose to latch on that coz you couldn't come up with any serious rebuttal against any of points and facts I put up there. And yes, the state is set to add an extra N60- billion to it's annual IGR revenues. http://dailypost.ng/2017/12/04/ogun-loses-n5bn-revenue-monthly-gov-amosun/ https://www.premiumtimesng.com/regional/ssouth-west/251421-ogun-loses-n5-billion You on the other hand are yet to provide concrete evidence to refute Ogun's status as the defacto FDI destination and industrial hub. All you have been doing on this thread is to throw tantrums devoid of verifiable facts in support of any of your positions. It's so pathetic that even your jibsmen are not bothering to join you in your foolishness. 8 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by Gazzy88(m): 7:43am On Dec 29, 2017 |
EzeNri:Igbo kwenu! Where two or three Igbo are gather,envy and hate is involved. Mr literate,use your literacy to develop your alaigbo and stop trolling our success here in SW. Nairaland is also part of our great achievement, without it nobody will even notice if igbos exist or not. I think it's time seun start taking premium on every non-yoruba threads. With that,your chest beating and victim card playing will reduce drastically. You will continue to be our e-slave as long as you still whine on this great forum. God bless Yoruba and God bless our e-slaves as well. |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 7:43am On Dec 29, 2017 |
BeautifulSE: Are you minding the boy? He latched on that clear typo coz he couldn't argue against any of the facts presented therein. He thinks we are like him. We no dey jamtalk without proof/facts/evidence. 6 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 7:45am On Dec 29, 2017 |
deomelllo:Are you sure you go school at all? Aba IPP 1500 MW is 80% complete. Century power 1500 MW will become operational 2020. So what are you talking about? |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 7:48am On Dec 29, 2017 |
AshiwajuFoward:You have been busted and It is 60 billion NGN not USD abi? God pass all of una. |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 7:55am On Dec 29, 2017 |
EzeNri: Ode. You will keep exposing yourself to embarrassment in your weak attempts to appear relevant. Here is a list of power plants in the SW and their installed MW Capacities: Egbin Simple cycle gas turbine (Lagos) - 270MW Egbin Gas-fired steam turbine (Lagos) - 1,320MW Olorunsogo Simple cycle gas turbine (Ogun) - 336MW Olorunsogo 2 Combined cycle gas turbine (Ogun) - 675MW Omotosho 1 Simple cycle gas turbine (Ondo) - 336MW Omotosho 2 Simple cycle gas turbine (Ondo) - 450MW Calculate that and you have 3,387MW. Add the 550MW and 2000MW about to come on-stream in Ondo and Oyo respectively and you have approximaly 6000MW. You see say I no be like you? I have my facts ready. You on the other hand are full of hot air. 8 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by Gotze1: 7:58am On Dec 29, 2017 |
kettykings:These one don start again o. They don port enter ogun. Soon, e go be oyo, and ondo. The biscuit factory no get name hehehehehe. I hail una. 2 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by Nobody: 7:58am On Dec 29, 2017 |
GEJisBOKO: Another flat.ino spotted Sadistic bad belle people Go and mourn llamadi Cownu your coward PMB wasted |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by Nobody: 8:01am On Dec 29, 2017 |
kettykings: Myopic, stvpid and useless post. Your 100% indigenous investment is not up to 1% of FDI Common sense is indeed not common 1 Like |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 8:03am On Dec 29, 2017 |
EzeNri: Guy quit grasping at straws coz e no go pay you, ok? I don back up the N60-billion with news reports (N5-billion naira monthly multiplied by 12-months amounts to N60-billion naira). I repeat that you should quit grasping at straws coz you are not helping your own case. http://dailypost.ng/2017/12/04/ogun-loses-n5bn-revenue-monthly-gov-amosun/ https://www.premiumtimesng.com/regional/ssouth-west/251421-ogun-loses-n5-billion You are yet to present proof of any concrete development happening in your regional corridor to counter the abundance of evidences contained in this thread. That ought to be your concern and not a typo. Una IGR combined still no reach Ogun state own and you no even shame. Abeg go and get a life dude. 6 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by GEJisBOKO: 8:05am On Dec 29, 2017 |
divicode:yes I know that the late nnamdi kanu is dead but I think your head is flatter than mi ne |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by BeautifulSE: 8:07am On Dec 29, 2017 |
AshiwajuFoward: Lol. I've stopped responding to that guy. His case is irredeemable. I can't keep up with his lies. He lies with every new post. He probably thinks we are like him 7 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 8:13am On Dec 29, 2017 |
AshiwajuFoward:Set to add, but have not added. Check the structure of Ogun IGR, check how much that comes from PAYE, check amount that comes from other direct taxes, check amount that comes from road taxes and then non-tax revenue. If you think you good in analysis, pull out those stats, check them critically and then tell us what you observed. I am waiting. Again let me remind you, Tax based IGR is not a good measure of economic activities. Tax itself is a macroeconomic stabilization tool, it is a policy tool. Trump recently cut down US tax, this means in the short run USA tax IGR will fall, but it will boost employment and standard of living. SE generally don't pursue aggressive tax drive. Don't forget the famous Aba women riot was because of tax imposition. |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 8:17am On Dec 29, 2017 |
BeautifulSE: Na typical Igbo. I think it's genetic for them to cookup and makeup stuff that they can't back up so they assume others are like them. That's why no one takes their chest-beatings seriously coz when it's time to take stock you find that they're full of nothing but hot-air. 7 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 8:21am On Dec 29, 2017 |
AshiwajuFoward:Which of them is a private investment? We were talking about FDI inflow and I listed private investments of over 4000MW, worth around 4 billion USD and you are here listing FG funded ancient projects. Don't derail with senseless chest beating. The subject matter here is that 75% FDI entered Ogun and we from this side said NO. Abuja attracts more FDI than Ogun. |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 8:28am On Dec 29, 2017 |
EzeNri: Guy, I am deeply ashamed for you because here you are, your SE states are stagnating developmentally/economically, factories and manufaturing firms are folding up at an alarming rate, una dey pull-in abysmal IGR, your region is depopulating at an insane rate with best brains are fleeing there in droves and embracing wholesale drug-trafficking, yet your response to that is to obsess over Ogun state? I can deduce that you are most likely from Anambra state, a state that for almost two straight years has refused to relase its IGR report, yet you have the nerve to come here and be forming analyst over Ogun state IGR streams?? Your state no even report a single kobo as IGR last year and this year. Like seriously dude, if you were a serious chap, you would be at the forefront of campaigning against your governor for refusing to be transparent with the state's Internally Generated Revenue. But NOooooo, as a typical Igbo, na Ogun state wey no send una, wey dey develop and open factories left and right na im you dey obsess over Guy, when will you receive sense? Your new year's resolution should be that you will receive sense and be delivered from your village people that are dulling your brain by fire by force. Go and get a life. Real talk. 9 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 8:30am On Dec 29, 2017 |
BeautifulSE:You are disappointing me seriously. Some of you are just shallow for believing Ogun attracted 75% of all FDI, because one paper said so. Even the paper didn't quote the Envoy saying that. Abuja attracts more FDI than Ogun. My problem with you people is that you are always begging for link when common google search would have saved you from that embarrassment. The way you people throw insult carelessly and go scot free makes me question Seun's sanity sometimes. I was banned for responding to a dude that insulted my tribe and that dude is still commenting, throwing insults around. This is the reason the Largest forum in Africa can't beat Linda Ikeji. Never! |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by BeautifulSE: 8:34am On Dec 29, 2017 |
Guy, stop quoting me. The best I can do for you is advise you to go for deliverance. You're suffering from an illness known as mythomania An abnormal or pathological tendency to tell lies. 7 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by BeautifulSE: 8:38am On Dec 29, 2017 |
And the mods prolly banned you because you were posting too many lies 9 Likes
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Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 8:44am On Dec 29, 2017 |
EzeNri: Dude, why are you like this?? If Abuja attracts more FDI than OGun, why don't you prove it??. Talk is cheap you dumb fvck. These FDI you keep going on about in your region are yet to enter the country else they would certainly be captured. We are not here to talk about MOUs dude. Prove that Abuja attracts more FDI than Ogun or forever shut the fvck up. I can show you reports from MAN showing that Ogun attracted as much as 70% of investments into Nigeria's manufacturing sector for 3 straight years and counting. I dare you to counter it with your own data proving your Abuja case. 6 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 8:50am On Dec 29, 2017 |
AshiwajuFoward:I am from Igboland. There is nothing like Abia, IMO, Anambra, Enugu or Ebonyi. They are all mere geographical expression. I am ashamed of you for believing Ogun attracted 75% IGR. I am equally ashamed of you for not knowing that tax is a mere Macroeconomic stabilization tool, hence IGR will always fall and increase depending on the policy wish of the govt. Aggressive tax drive means govt is selfishly pursuing more funds at the detriment of employment and standard of living. Let me tell you what you don't know, if Ogun records 100 bn in tax IGR, it means govt will be 100 bn richer but aggregate demand will fall by 100 bn. When AD falls the economy will contract, job loss and higher prices. If this higher prices led to a 2% increase in inflation, this means the real value of the remaining funds in private hands will go down by 2%. That is, the real value of the economy will go down by 2%. That 100 bn in the hands of govt will not be able to revive that economy because of leakages. Some will leave the state through debt servicing, some will be looted, some will be lost through administrative charges, some will go into capital projects which will take some time before the benefits can be felt and the remaining will go to Recurrent expenses where a junk will be lost through Over head. The few that went to salaries will be too much to boost AD. Trump cut down tax to avoid this. |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 9:06am On Dec 29, 2017 |
EzeNri: Look here punk, quit already coz you're ain't fooling no one. That british envoy is obviously more informed than you will ever be in your miserable life. You are still yet to provide any shred of data to counter her assertion, yet you expect to be taken seriously?? It doesn't work like that in the real world. Now, I will show you a recent with a report from MAN that atleast buttresses her position while I won't even bother expecting you to counter it coz all you have demonstrated so far herein is that you are a quack pseudo/wannabe analyst. At this point, it doesn't matter what you believe or accept coz you are a nonentity and only you fool.s like yourself would even care to entertain your delusions. https://www.businessdayonline.com/industrial-data-show-lagos-losing-real-sector-investments-ogun-2/ By Odinaka Anudu 6 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 9:10am On Dec 29, 2017 |
AshiwajuFoward:I thought I was dealing with people that are knowledgeable. I know you can't access a full NBS data, so use the link to check the report as of Q1 2017. www.punchng.com/nbs-ranks-lagos-aibom-three-others-most-investment-friendly-states/ There is difference between FDI and Domestic Investement. There is not much FDI in our manufacturing sector. The highest ever will be the 540 billion USD chinese investment in shoe manufacturing in Aba. That is why every Nigeria need to continue praying for that. Our FDI data has not captured it yet, hopefully next year. |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by EzeNri(m): 9:22am On Dec 29, 2017 |
AshiwajuFoward:Mynd44 if I call this guy a fool, you will rush to the ban button. A guy that doesn't know her country's FDI data, is that one a Nigerian? I don't know where you people manufacture data from, 600 billion NGN is over 1 billion USD. Nigeria did not attract up to 1 billion USD in FDI into the manufacturing sector for the past 3 years. Whoever is telling you that is lying. Check Ogun GDP sectoral growth and see if the real sector grew concomitantly. The only 1.5 billion USD FDI in manufacturing is the one from China to Aba we are expecting Next year. |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 9:38am On Dec 29, 2017 |
EzeNri: Smh. Gosh, what is this?? With every utterance you keep exposing your ignorance. Did you not see Ogun (as well as Oyo, Lagos, Rivers, AkwaIbom, Abuja) on the list?? Have you not seen with your own eyes the commissioning multi-million dollar foreign-owned manufacturing coys (Recover Benkiser, Unilever, Honda, Hayat Kimyer) (three of which were commissioned earlier this month) in this same thread?? Does that not count as FDI?? Ogun is the undisputed home of manufacturing investments, be it foreign or domestic and a wealth of data has already proved that #FACT. You are too ignorant for comfort. I'm done with this back-and-forth with a confirmed ignoramus please. https://guardian.ng/business-services/hayat-kimya-invests-100-million-diaper-and-tissue-factory-in-ogun-state/ http://followgov.ng/2017/12/06/amosun-commissions-honda-unilever-factories-agbara-creates-employment/ http://encomium.ng/amosun-commissions-3-mega-factories-in-ogun/ 5 Likes 1 Share |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by totit: 9:57am On Dec 29, 2017 |
EzeNri: Oooh so now you believe in nigeria statistics I thought you wrote earlier on this thread that Yorubas and nigeria stats are lies?. By the way and anyways, why don't you disprove by providing the said " nigeria statistics " at least to drive home your point and counter his claim.. don't you think so? We are waiting for the said " nigeria statistics! 5 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 10:01am On Dec 29, 2017 |
totit: Na their way. They only believe anything that favours them. If it doesn't favor them they will trash and reject it and cookup their own lies. 6 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by AshiwajuFoward: 10:08am On Dec 29, 2017 |
EzeNri: Oh, you think you are slick abi? Mynd44, don't mind this impostor. He has already admitted using an alternate account. His original account is SouthEastFacts. He admitted it in the post below that his alternate moniker was banned after I called him out in an earlier post: EzeNri: 6 Likes |
Re: Ogun Attracts 75 Percent Foreign Direct Investment Into Nigeria – UK Envoy by 7lives: 10:30am On Dec 29, 2017 |
kettykings: Awon WEREYS. 2 Likes |
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