[s]

kettykings:


Do states make profit, the only way you can compare states and companies is by their revenue and not profits because states dont make profits .

[/s]



I'm trying not to dignify your illogical and elementary comparison between a state and private entities.


Your thread is dead already because of your own layman and ignorant understanding per gross revenue and profits and also the usual ipob lies and deception with your bait and switch MTN Nigeria earnings and MTN SA total earnings.


Nna, give up and stop the foolishness, your needless low self-esteem dick measurement with other people is getting stale and ridiculous.

Mynd44:

Lagos State governor, Akinwunmi Ambode, has described the state as the fastest growing mega city in the world, just as he revealed that its Gross Domestic Product GDP has hit $136 billion

http://nigeriacommunicationsweek.com.ng/lagos-gdp-hits-136bn/

LAGOS State government on Tuesday disclosed that it has a staff strength of 100,443, even as it said it also created employment opportunities indirectly through various projects awarded as contracts across the state

http://www.tribuneonlineng.com/lagos-staff-strength-100443-hos/


Where do you people find your alternate facts from?

IPoB bureau of statistics.

EternalTruths:


Unfortunately, we have to achieve it without government apparatus since we don't have control over the instrumentations of the FG like in the days of Jonathan to implement it.

We have to establish a successful Igbo R & D company to help bring to reality the technological ideas of our people and globalized their products.


God will help us as we remind him in prayers everyday.

I have confident that God will help us out.


Already, I am working towards a technology that if successful, will get our people out of poverty forever.

I thought you people are the smartest, the richest, the most industrious and you own everything in Nigeria, per ipob bureau of statistics of course and you already have this on lock down?

So, all the chest beating no mean anything..

kettykings:


Do states make profit, the only way you can compare states and companies is by their revenue and not profits because states dont make profits .

I thought you were the one that wrote the heading of the topic and the opening post, or did someone ghost write it for you? The heading of the topic is
5 Nigerian Companies Bigger And Richer Than Lagos and Ogun State


So what this new discussion about profits. Are you now insinuating that because Lagos state does not make profits, so all companies in Lagos posting profit are bigger and richer than lagos state? Does even MTN group of South Africa have as much assets as Lagos state?

kettykings:


MTN Nigeria of which Pascal Dozie is the chairman made a revenue of N870B in 2017 despite scorched earth policies of the Govenrment

https://nairametrics.com/mtn-reports-n870-billion-revenue-from-nigeria-alone-in-2017-hy/

Mr. Pascal G. Dozie is the Co-Founder, Partner, Founding Partner and Non-Executive Partner at African Capital Alliance. Mr. Dozie is the Founder of Kunoch Limited. He was the Founder of Diamond Bank PLC and served as its Chief Executive Officer from 1991 to 2006. He served as the President at the Nigeria Stock Exchange. He served as the President of OON. He is the Chairman of New Nigeria Foundation and Chairman of the Board of Trustees of African Development Foundation. He also serves as the Co-Chairman of the Nigeria Business Coalition against HIV/AIDS. Mr. Dozie serves as the Chairman of MTN Nigeria Communications Ltd. and the Co- Chairman of the Commonwealth Business Council board and Chairman of Diamond Group Advisory Board. He serves as the Chairman of Kunoch Limited; NSIA Insurance Limited; Landmark Africa; ADIC Insurance Limited; Aluminium Extrusion Industries Plc. He serves as a member of the Governing Council at Pan-Atlantic University. He is the former Chairman of Nigeria Business Support Group. He served as Chairman of Diamond Bank Plc until December 31, 2006. He served as the Chairman of Nigerian Economic Summit Group and served on the Lagos Business School Advisory Board. Mr. Dozie serves as a Non Executive Director of Gulf of Guinea Energy Limited. He serves as a Member of Advisory Board at Kaizen Venture Partners. Mr. Dozie served as a Director of The Central Bank of Nigeria. He was an Economic Adviser for Niger State Government. Mr. Dozie was a Member of Vision 2010 Council. He served as the President of the Nigerian Stock Exchange. He was a Council Member of The Nigerian Stock Exchange. He is the Recipient of National Award of Officer of the order of the Niger. Mr. Dozie holds Honorary Doctorate degrees in Law, Management Technology and Business Administration from three Universities. Mr. Dozie holds an M.Sc. in Econometrics from City University, London and a B.Sc. in Economics from the London School of Economics and Political Science.

www.bloomberg.com

wirinet:


I thought you were the one that wrote the heading of the topic and the opening post, or did someone ghost write it for you? The heading of the topic is
5 Nigerian Companies Bigger And Richer Than Lagos and Ogun State


So what this new discussion about profits. Are you now insinuating that because Lagos state does not make profits, so all companies in Lagos posting profit are bigger and richer than lagos state? Does even MTN group of South Africa have as much assets as Lagos state?

I think he's confused or just way in over his head.

IkpuMmadu:



Mr. Pascal G. Dozie is the Co-Founder, Partner, Founding Partner and Non-Executive Partner at African Capital Alliance. Mr. Dozie is the Founder of Kunoch Limited. He was the Founder of Diamond Bank PLC and served as its Chief Executive Officer from 1991 to 2006. He served as the President at the Nigeria Stock Exchange. He served as the President of OON. He is the Chairman of New Nigeria Foundation and Chairman of the Board of Trustees of African Development Foundation. He also serves as the Co-Chairman of the Nigeria Business Coalition against HIV/AIDS. Mr. Dozie serves as the Chairman of MTN Nigeria Communications Ltd. and the Co- Chairman of the Commonwealth Business Council board and Chairman of Diamond Group Advisory Board. He serves as the Chairman of Kunoch Limited; NSIA Insurance Limited; Landmark Africa; ADIC Insurance Limited; Aluminium Extrusion Industries Plc. He serves as a member of the Governing Council at Pan-Atlantic University. He is the former Chairman of Nigeria Business Support Group. He served as Chairman of Diamond Bank Plc until December 31, 2006. He served as the Chairman of Nigerian Economic Summit Group and served on the Lagos Business School Advisory Board. Mr. Dozie serves as a Non Executive Director of Gulf of Guinea Energy Limited. He serves as a Member of Advisory Board at Kaizen Venture Partners. Mr. Dozie served as a Director of The Central Bank of Nigeria. He was an Economic Adviser for Niger State Government. Mr. Dozie was a Member of Vision 2010 Council. He served as the President of the Nigerian Stock Exchange. He was a Council Member of The Nigerian Stock Exchange. He is the Recipient of National Award of Officer of the order of the Niger. Mr. Dozie holds Honorary Doctorate degrees in Law, Management Technology and Business Administration from three Universities. Mr. Dozie holds an M.Sc. in Econometrics from City University, London and a B.Sc. in Economics from the London School of Economics and Political Science.

www.bloomberg.com

impressive but does this correlate with the subject of discussion.

IkpuMmadu:



Mr. Pascal G. Dozie is the Co-Founder, Partner, Founding Partner and Non-Executive Partner at African Capital Alliance. Mr. Dozie is the Founder of Kunoch Limited. He was the Founder of Diamond Bank PLC and served as its Chief Executive Officer from 1991 to 2006. He served as the President at the Nigeria Stock Exchange. He served as the President of OON. He is the Chairman of New Nigeria Foundation and Chairman of the Board of Trustees of African Development Foundation. He also serves as the Co-Chairman of the Nigeria Business Coalition against HIV/AIDS. Mr. Dozie serves as the Chairman of MTN Nigeria Communications Ltd. and the Co- Chairman of the Commonwealth Business Council board and Chairman of Diamond Group Advisory Board. He serves as the Chairman of Kunoch Limited; NSIA Insurance Limited; Landmark Africa; ADIC Insurance Limited; Aluminium Extrusion Industries Plc. He serves as a member of the Governing Council at Pan-Atlantic University. He is the former Chairman of Nigeria Business Support Group. He served as Chairman of Diamond Bank Plc until December 31, 2006. He served as the Chairman of Nigerian Economic Summit Group and served on the Lagos Business School Advisory Board. Mr. Dozie serves as a Non Executive Director of Gulf of Guinea Energy Limited. He serves as a Member of Advisory Board at Kaizen Venture Partners. Mr. Dozie served as a Director of The Central Bank of Nigeria. He was an Economic Adviser for Niger State Government. Mr. Dozie was a Member of Vision 2010 Council. He served as the President of the Nigerian Stock Exchange. He was a Council Member of The Nigerian Stock Exchange. He is the Recipient of National Award of Officer of the order of the Niger. Mr. Dozie holds Honorary Doctorate degrees in Law, Management Technology and Business Administration from three Universities. Mr. Dozie holds an M.Sc. in Econometrics from City University, London and a B.Sc. in Economics from the London School of Economics and Political Science.

www.bloomberg.com

Thank you for this Info about this very humble economist that is one of the economic pillars of the Africa and a blazing icon of the East

When will this IPOB miscreants stop making foolery of themselves on nairaland?

kettykings:
i will be starting a series about Nigerian owned businesses that are far bigger and richer than lagos state. this thread is not to belittle anyone but to make it easier for my fellow business men who are running businesses all over the world about the need to invest more at home rather than invest in a city far away (no man's land).

MTN
Revenue as at 2015 US$ 15.432 billion
Number of employees 17,509
chairman Pascal Dozie
Tribe of chairman , igbo
According to Nairametrics, MTN Nigeria has reported that it posted a total revenue of about N870 billion (R31.97 billion) for the period ended June 2017
https://en.wikipedia.org/wiki/MTN_Group


Dangote Group
Onwed by Aliko Dangote
number of Employees 26,000
chairman Aliko Dangote
Tribe of chairman , Hausa
Revenue US$2.642 billion (2012)
according to the NewNigeria Dangote Cement revenue hits N615.1bn in 2016 | The NEWS
https://en.wikipedia.org/wiki/Dangote_Group

Zenith Bank Group
Chairman Jim Ovia
Tribe of chairman , Delta igbo
Number of employees estimated at 18,000 (will cross check)
Revenue as at 2017 ,recorded gross earnings of N380.4 billion
https://www.premiumtimesng.com/business/business-news/239902-zenith-bank-posts-n75-32-billion-profit-6-months.html


UBA Group
Chairman Tony Elumelu
Tribe of chairman , Delta igbo
Revenue as at 2016 ,recorded gross earnings of N384.0 billion
https://www.thisdaylive.com/index.php/2017/03/27/uba-grows-profit-by-32-declares-final-dividend-of-55kobo/
To be continued after some coffee break,
you can air your views

You are a very deceptive and cunning person that always out-dribble himself to score own goal

You want us to compare Lagos with private entities without identifying clear parameters and basis.

Your attempt at **balancing the mix** by sneaking in Dangote into the thread is only to deceive your gullible ipob miscreants, your real mission is to compare those your ibos men with Lagos.

My 5 years old nephew is way smarter than you

ManMountain:


You are a very deceptive and cunning person that always out-dribble himself to score own goal

You want us to compare Lagos with private entities without identifying clear parameters and basis.

Your attempt at **balancing the mix** by sneaking in Dangote into the thread is only to deceive your gullible ipob miscreants, your real mission is to compare those your ibos biz with lagos.

My 5 years old nephew is way smarter than you

Igbos = Fraud, lies and deception.

Idiotic thread with no head or tail.

IkpuMmadu:



Mr. Pascal G. Dozie is the Co-Founder, Partner, Founding Partner and Non-Executive Partner at African Capital Alliance. Mr. Dozie is the Founder of Kunoch Limited. He was the Founder of Diamond Bank PLC and served as its Chief Executive Officer from 1991 to 2006. He served as the President at the Nigeria Stock Exchange. He served as the President of OON. He is the Chairman of New Nigeria Foundation and Chairman of the Board of Trustees of African Development Foundation. He also serves as the Co-Chairman of the Nigeria Business Coalition against HIV/AIDS. Mr. Dozie serves as the Chairman of MTN Nigeria Communications Ltd. and the Co- Chairman of the Commonwealth Business Council board and Chairman of Diamond Group Advisory Board. He serves as the Chairman of Kunoch Limited; NSIA Insurance Limited; Landmark Africa; ADIC Insurance Limited; Aluminium Extrusion Industries Plc. He serves as a member of the Governing Council at Pan-Atlantic University. He is the former Chairman of Nigeria Business Support Group. He served as Chairman of Diamond Bank Plc until December 31, 2006. He served as the Chairman of Nigerian Economic Summit Group and served on the Lagos Business School Advisory Board. Mr. Dozie serves as a Non Executive Director of Gulf of Guinea Energy Limited. He serves as a Member of Advisory Board at Kaizen Venture Partners. Mr. Dozie served as a Director of The Central Bank of Nigeria. He was an Economic Adviser for Niger State Government. Mr. Dozie was a Member of Vision 2010 Council. He served as the President of the Nigerian Stock Exchange. He was a Council Member of The Nigerian Stock Exchange. He is the Recipient of National Award of Officer of the order of the Niger. Mr. Dozie holds Honorary Doctorate degrees in Law, Management Technology and Business Administration from three Universities. Mr. Dozie holds an M.Sc. in Econometrics from City University, London and a B.Sc. in Economics from the London School of Economics and Political Science.

www.bloomberg.com

Why are you giving us his resume, the chairman of MTN.Lolz.Mtn Mauritius, South Africa and Nigeria is owned by Pascal Dozie! Well done!

The OP used to be more cerebral than this idiotic post. I really free sorry for the new low the OP has descended to.

Obviously, the usain bolt-like disappearance of their Lunatic Jewish Messiah has led to a Syndrome that is further reducing their IQ in that land of gully erosion and red mud.

sorry folks leave the messenger and analyse the message, it must not degenerate to bitter personal contests, this about the richest companies in terms of Revenue income in Nigeria

kettykings:
sorry folks leave the messenger and analyse the message, it must not degenerate to bitter personal contests, this about the richest companies in terms of Revenue income in Nigeria

There's nothing sane, sensible or logical in this thread to analyze.

Op conveniently left out banks like Gtb, Fcmb, Globalcom, First banks and failed to state that Lagos State generated 412 Billion Naira in 2017 against the 300B plus of zenith and uba.

kettykings:
i will be starting a series about Nigerian owned businesses that are far bigger and richer than lagos state. this thread is not to belittle anyone but to make it easier for my fellow business men who are running businesses all over the world about the need to invest more at home rather than invest in a city far away (no man's land).

MTN
Revenue as at 2015 US$ 15.432 billion
Number of employees 17,509
chairman Pascal Dozie
Tribe of chairman , igbo
According to Nairametrics, MTN Nigeria has reported that it posted a total revenue of about N870 billion (R31.97 billion) for the period ended June 2017
https://en.wikipedia.org/wiki/MTN_Group


Dangote Group
Onwed by Aliko Dangote
number of Employees 26,000
chairman Aliko Dangote
Tribe of chairman , Hausa
Revenue US$2.642 billion (2012)
according to the NewNigeria Dangote Cement revenue hits N615.1bn in 2016 | The NEWS
https://en.wikipedia.org/wiki/Dangote_Group

Zenith Bank Group
Chairman Jim Ovia
Tribe of chairman , Delta igbo
Number of employees estimated at 18,000 (will cross check)
Revenue as at 2017 ,recorded gross earnings of N380.4 billion
https://www.premiumtimesng.com/business/business-news/239902-zenith-bank-posts-n75-32-billion-profit-6-months.html


UBA Group
Chairman Tony Elumelu
Tribe of chairman , Delta igbo
Revenue as at 2016 ,recorded gross earnings of N384.0 billion
https://www.thisdaylive.com/index.php/2017/03/27/uba-grows-profit-by-32-declares-final-dividend-of-55kobo/
To be continued after some coffee break,
you can air your views

Nonsense. Mtn is owned by SA.
Lagos annual budget doesnt take into account its market value.i.e GDP

GoldNiagara:
Op conveniently left out banks like Gtb, Fcmb, Globalcom, First banks and failed to state that Lagos State generated 412 Billion Naira in 2017 against the 300B plus of zenith and uba.

There is a difference between generating a revenue and profit.

The 412 billion generated by Lagos State is before expenses were deducted. Therefore would have little left over for Savings/ Foreign Reserve.

The 300 billion generated by Zenith and UBA is after expenses were deducted.
This is a clear indication that they are richer than Lagos


In the end, after Lagos deducted her expenses, how much was left for savings & investments.? None.



A State can have left over just as a company can have.


In the case of a company, it is called Profit
In the case of a State, it is called Savings/Reserve.


The Profits of those companies are far higher than the Reserves of Lagos State


That is what Kettykings and co have being trying to pass along but educated illiterates from Afonja land don't want to understand.

Barawo . MTN is owned by South Africans

Igbos and their endless desire to measure up to Yorubas...keeping fooling yourselves

kettykings:


I am not to argue with anyone please. This is a discussion , you can kindly verify the facts , MTN made more revnue than lagos state . Thank but no thanks.

Please do not divert the thread , it is an intelligent discuss about how state and companies revenue tally.

How much revenue do your home state generate?

I think the O.P did a shallow work laced with tribalism of the highest order. Why can't you compare the companies with Anambra state and Enugu state Must you pinpoint the tribe each entrepreneur belongs to What do you stand to gain from this? For your information a state is not set up to make profit.....How can someone be comparing a company 's profit with a state revenue and even comparing the work force...I don't just understand this urge to always compare things in the most abysmal manner in order to massage your pump up tribal fired up guts.See I admire the courage and guts of entrepreneur irrespective of their tribe............Unless I am dreaming M.T.N belongs to S.A

funsowilliams:
I think the O.P did a shallow work laced with tribalism of the highest order. Why can't you compare the companies with Anambra state and Enugu state Must you pinpoint the tribe each entrepreneur belongs to What do you stand to gain from this? For your information a state is not set up to make profit.....How can someone be comparing a company 's profit with a state revenue and even comparing the work force...I don't just understand this urge to always compare things in the most abysmal manner in order to massage your pump up tribal fired up guts See I admire the courage and guts of entrepreneur irrespective of their tribe............Unless I am dreaming M.T.N belongs to S.A

Typical ipob low self-esteem and inferiority complex.

WinningSun:

impressive but does this correlate with the subject of discussion.

mad people

Rmxr:
Barawo banza. MTN is owned by South Africans

MTN Nigeria is chaired by

WinningSun:


impressive but does this correlate with the subject of discussion.

Oh yes ...I wanted to let them know it's MTN Nigeria

IkpuMmadu:


The resume said MTN Nigeria ...are you this daft

They can't believe that some globalized companies of Igbo majority ownership, can be richer than Lagos State.

I wonder why Afonjas lack wisdom to know that any globalized company will always be richer than Lagos/Nigeria.


Is like comparing Apple company and Nigeria.

IkpuMmadu:

Oh yes ...I wanted to let them know it's MTN Nigeria

it isn't necessary