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Abuja Overtakes Lagos In Foreign Capital Inflows - Investment (2) - Nairaland

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Re: Abuja Overtakes Lagos In Foreign Capital Inflows by kettykings: 11:44am On May 12, 2018
OkutaNla:


Lol. Continue dreaming. Economically, Abuja cannot touch Lasgidi by a foot long pole. I wonder what youbwill say if the data chamges in the next quarter. You better focus on how your region can also rise out of the economic doldrums . Lekki seaport is coming, Airport sef and Dangote refinery. You ain't seen nothing yet bwoy.

just watch buhari's policies by 2019 , Abuja Airport is already overtaking Lagos Airport traffic , the next release from NOS will Numb you, real estate growth in Abuja is far ahead of Lagos, the problem is that by the time it becomes glaring , it becomes too late.

3 capital investments in the North a steal plant , refinery and the Dam in taraba will dwarf everything that is happening in Lagos
Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Bede2u(m): 11:46am On May 12, 2018
Saviour22:
and yet the east is a hell much worst than a sh*t hole, u are a joker
the mumu u quoted is actually a yoruba guy. check his old posts. and ur response is exactly what he wanted to see. Igbos are too busy to be as petty as u fools
Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Evangdanyno2017(m): 11:49am On May 12, 2018
When will Nigeria export index increase through diversification to other sector of economy like agriculture. When will Nigeria move from consumption icon to production haven to us build our economy. Importation is virus that is decaying the vitality of the Nation. A solely consuming Nation can never experiences economies growth. When shall we learn from China, Japan, Germany and South Korea. Today the world is talking about knowledge economy for steady economies growth but we are celebrating high importation index. May God help us

2 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by aribisala0(m): 11:53am On May 12, 2018
kettykings:


just watch buhari's policies by 2019 , Abuja Airport is already overtaking Lagos Airport traffic , the next release from NOS will Numb you, real estate growth in Abuja is far ahead of Lagos, the problem is that by the time it becomes glaring , it becomes too late.

3 capital investments in the North a steal plant , refinery and the Dam in taraba will dwarf everything that is happening in Lagos
Ibos !!

Always praying for Lagos

1 Like

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by OkutaNla: 11:56am On May 12, 2018
kettykings:


just watch buhari's policies by 2019 , Abuja Airport is already overtaking Lagos Airport traffic , the next release from NOS will Numb you, real estate growth in Abuja is far ahead of Lagos, the problem is that by the time it becomes glaring , it becomes too late

Lol. Bwoy, you can keep feeding your own paranoia with all that crap OK? Down here in the SW we are holding and ever expanding our own turf without depending on the FG like Abuja is. Ogun is still the industrial hub of the country, servicing our ever expaniding market base. Our regional IGR keep blowing the socks off every other region. We have the biggest regional market in the entire West Africa, so who gives a fvck about Abuja? We got the land to expand our frontiers if need be ( Eko Atlantic sef dey dia for Lag), we got the seaports (with two more coming on-stream -- Lekki and Badagry), we got industries, the refinery is coming onstream, we got the airports (with one more coming up), we got the market, we got the human resources. Dude, no contest abeg.

8 Likes 2 Shares

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by BENARI: 12:03pm On May 12, 2018
Where are the inflows? I leave in Abuja, and all I can tell you is, businesses are dying due to dwindling liquidity.

Whatever this government did to this economy?

Only God can save us now.

It's never been this bad. It's been terrible since 2017.

Speaking for myself though. perhaps the situation is much more favourable for others.

My visits to the various markets in Abuja though seems to confirm my wailing.

You can actually play football on the market street during Business hours

6 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by OkutaNla: 12:04pm On May 12, 2018
kettykings:

3 capital investments in the North a steal plant , refinery and the Dam in taraba will dwarf everything that is happening in Lagos

Damn dude, why this your fixation with Lagos? Why are you so eager to see her fail or retrogress sotay una even try to deny her strides and progress? Why are you Igbos like this? You hate Lagos so much that you cant wait to see her fail out of jealousy, yet paradoxically you call her a 'nomansland' out of your covetous longerthroat. Igbo whyyyy?? Na only una waka come

You are not even concerned one bit about the no-show from your region, but here you are hoping the worse for Lagos? Something is seriously wrong with you coz I don't understand why you are taking panadol for Yorubaland headache when your own region is there for you to worry about. Shyt just ain't adding up dude.

7 Likes 3 Shares

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by LZAA: 12:06pm On May 12, 2018
IgboBasthard:

Self deceit
Afonjaaaaaaaaaaa!!!! grin grin

1 Share

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by OkutaNla: 12:07pm On May 12, 2018
aribisala0:
Ibos !!

Always praying for Lagos

As in eh? Their bad-belle na something else.

2 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by jamace(m): 12:10pm On May 12, 2018
The ABOKI forex exchangers must be having a field day in Abuja. grin grin

1 Like

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by IgboBasthard: 12:13pm On May 12, 2018
OkutaNla:


Damn dude, why this your fixation with Lagos? Why are you so eager to see her fail or retrogress sotay una even try to deny her strides and progress? Why are you Igbos like this? You hate Lagos so much that you cant wait to see her fail out of jealousy, yet paradoxically you call her a 'nomansland' out of your covetous longerthroat. Igbo whyyyy?? Na only una waka come

You are not even concerned one bit about the no-show from your region, but here you are hoping the worse for Lagos? Something is seriously wrong with you coz I don't understand why you are taking panadol for Yorubaland headache when your own region is there for you to worry about. Shyt just ain't adding up dude.

Cc Immhotep lzaa
Re: Abuja Overtakes Lagos In Foreign Capital Inflows by IgboBasthard: 12:16pm On May 12, 2018
OkutaNla:


Lol. Bwoy, you can keep feeding your own paranoia with all that crap OK? Down here in the SW we are holding and ever expanding our own turf without depending on the FG like Abuja is. Ogun is still the industrial hub of the country, servicing our ever expaniding market base. Our regional IGR keep blowing the socks off every other region. We have the biggest regional market in the entire West Africa, so who gives a fvck about Abuja? We got the land to expand our frontiers if need be ( Eko Atlantic sef dey dia for Lag), we got the seaports (with two more coming on-stream -- Lekki and Badagry), we got industries, the refinery is coming onstream, we got the airports (with one more coming up), we got the market, we got the human resources. Dude, no contest abeg.

Cc Immhotep lzaa
Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Nobody: 12:17pm On May 12, 2018
OkutaNla:


Damn dude, why this your fixation with Lagos? Why are you so eager to see her fail or retrogress sotay una even try to deny her strides and progress? Why are you Igbos like this? You hate Lagos so much that you cant wait to see her fail out of jealousy, yet paradoxically you call her a 'nomansland' out of your covetous longerthroat. Igbo whyyyy?? Na only una waka come

You are not even concerned one bit about the no-show from your region, but here you are hoping the worse for Lagos? Something is seriously wrong with you coz I don't understand why you are taking panadol for Yorubaland headache when your own region is there for you to worry about. Shyt just ain't adding up dude.
But. . . But. . .but. . . Lagos is 51 percent Igbo

cc Lzaa pointzerom iceberg3 madridguy firefire onyeoga shalomc itsmeaboki buhariguy igbobasthard

2 Likes 1 Share

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by IgboBasthard: 12:20pm On May 12, 2018
immhotep:

But. . . But. . .but. . . Lagos is 51 percent Igbo

cc Lzaa pointzerom iceberg3 madridguy firefire onyeoga shalomc itsmeaboki buhariguy igbobasthard


Nonentity migrants? Who sabi dem?
Re: Abuja Overtakes Lagos In Foreign Capital Inflows by OkutaNla: 12:22pm On May 12, 2018
immhotep:

But. . . But. . .but. . . Lagos is 51 percent Igbo

cc Lzaa pointzerom iceberg3 madridguy firefire onyeoga shalomc itsmeaboki buhariguy igbobasthard


Lol. YYeah, sure. Yet y'all are being ruled and totally owned politically by supposed Yoruba 'minority' in Lagos? That's a useless '51% majority' don't you agree? E be like say you just finished smoking egbo before typing that crap. Abeg comot for my mention before I vex.

2 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by LZAA: 12:25pm On May 12, 2018
IgboBasthard:


Cc Immhotep lzaa
delusions of grandeur
ok lemme break it down for u ewedudeens
abuja officially became the capital of naija in 1991
up until then lagos was the capital
do u expect lagos to just die off like that??
its just like expecting london to die if england make manchester the new capital
the capital of brazil is brasillia yet ppl flock to rio in droves as it is the economic capital
speaking of brazil other states like cortiba,manaus also experience federal presence heck check the us
:los angeles,texas,new york,Florida,Nevada
any of these states can compete with washington
and finally ndigbo u are seeing in lagos are a mere fraction of igbos as they are in various countries in the world and like i always say a trip to the east will clear ur doubts
cc immhotep shalomc iceberg3 pointzerom

1 Like

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Nobody: 12:30pm On May 12, 2018
OkutaNla:


Lol. YYeah, sure. Yet y'all are being ruled and totally owned politically by supposed Yoruba 'minority' in Lagos? That's a useless '51% majority' don't you agree? E be like say you just finished smoking egbo before typing that crap. Abeg comot for my mention before I vex.
Igbophobia is bad for your mental health.
Just confess that Igbo amaka.

cc Lzaa pointzerom iceberg3 madridguy firefire onyeoga shalomc itsmeaboki buhariguy igbobasthard

2 Likes 1 Share

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Tundeobama(m): 12:49pm On May 12, 2018
it will shock you the numbers of industries springing up daily from lag-ogun-ib in the next five years you haters of West will be shock suddenly by the growth.
lag-ogun-ibadan has always being the manufacturer hub of Nigeria even your brothers prefare to site their own there base of feasibility study.Human resource and close to source of raw materials is here and peaceful industrialist don't joke with this above I mean foreign investors.
Abj is only living on Fg presence if capital is move away kaduna will be better than it.

3 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Nobody: 1:05pm On May 12, 2018
The indices of the cash flow to Abuja is very cryptic and unreported and, I supposed, I could be wrong, that the inflow indicates the repatriation of finances for next year's election.

Should one look beyond the facade, one will know enough to prepare for what is to come as there will be inflow of more and more foreign currencies into Abuja which will have a destabilizing effect on the local currency, because the narration of the purpose of funds remain doubtful. Abuja is not a manufacturing hub, neither is it a trading hub, so I really have no insider knowledge of the purpose of such inflow into a political capital that produces nothing more than sick political minds running the country aground.

The population of Abuja is nothing compared to Kano or Lagos. Abuja is not a manufacturing hub and has no consumption power compared to Lagos or Kano, but received highest Cash inflow ?

Let's even question the choice of UK as the source of the FDI ? No mention was made of the foreign entities providing capital ? No mention of the local investment indices. I think I need to move to Abuja where mad men make more money than sane humans.

It's all about the money, so we must follow the money.

3 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by loomer: 1:12pm On May 12, 2018
how manage na. who dey lie this kind lie?

1 Like

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by phantom(m): 2:30pm On May 12, 2018
Abuja no fit even beat PH in economy, na lagos Nawa o

2 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Simbrixton(m): 2:47pm On May 12, 2018
OneCorner:
We are only showing afonjas our true color and worth.
They should beg us before we put lagos on top grin
Please show us your true color and move totally this is the best news have read this year just like Hitler had a dream Germany would be jew free...........
Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Obi1kenobi(m): 2:53pm On May 12, 2018
Abuja has been catching up for years. Hardly a surprise. This is due to the industriousness and enterprise and resourcefulness of the Gwari indigenes of Abuja. grin

2 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Rainmaker69(m): 3:01pm On May 12, 2018
This is a very suspicious story. The real question is where does the money go when it comes in?
Most of the money that enters Abuja leaves almost right away. Most landlords live outside abuja, looters stash the funds outside the country, legislators take the money to their states, state officers also domesticate their share of the booty, federal agencies distribute the money based on federal character, meanwhile, civil servants are 'broke', the private sector is almost comatose, housing is a disaster, the number of poor and destitute citizens is increasing and one jackoby is saying yaya.

Most of the money that enters Lagos stays in Lagos. It circulates, moves around a couple of times before it goes out. That is what creates prosperity.

4 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Obi1kenobi(m): 3:01pm On May 12, 2018
phantom:
Abuja no fit even beat PH in economy, na lagos Nawa o

Really?
https://www.nairaland.com/3087723/nbs-report-bank-credit-deposit-states

1 Like

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Elxandre(m): 3:06pm On May 12, 2018
Five year olds at their tribal battles again.
Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Obi1kenobi(m): 3:12pm On May 12, 2018
Rainmaker69:
This is a very suspicious story. The real question is where does the money go when it comes in?
Most of the money that enters Abuja leaves almost right away. Most landlords live outside abuja, looters stash the funds outside the country, legislators take the money to their states, state officers also domesticate their share of the booty, federal agencies distribute the money based on federal character, meanwhile, civil servants are 'broke', the private sector is almost comatose, housing is a disaster, the number of poor and destitute citizens is increasing and one jackoby is saying yaya.

Most of the money that enters Lagos stays in Lagos. It circulates, moves around a couple of times before it goes out. That is what creates prosperity.

I'm no economist, but simple laws of economics tell me cost of living, especially housing, is expensive in Abuja because the market for it exists in Abuja. My uncle was complaining to me just 2 days ago how he wanted to sell an apartment block of 6 units of 3-bedroom flats he has in Mkpor, Anambra (not far from Onitsha) because he barely gets 720k a year in rent from it. Meanwhile, even his singular unit 3-bedroom boys-quarter that he rents out in Lagos nets him 750k a year. And it's not even in good area of Lagos. It's simple demand and supply really. Abuja has a high concentration of HNI (high net worth individuals) and that is why life is expensive there.

3 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by QuotaSystem: 5:47pm On May 12, 2018
kettykings:


just watch buhari's policies by 2019 , Abuja Airport is already overtaking Lagos Airport traffic , the next release from NOS will Numb you, real estate growth in Abuja is far ahead of Lagos, the problem is that by the time it becomes glaring , it becomes too late.

3 capital investments in the North a steal plant , refinery and the Dam in taraba will dwarf everything that is happening in Lagos

You forgot the dry ports and extensive railways.
Re: Abuja Overtakes Lagos In Foreign Capital Inflows by aribisala0(m): 5:51pm On May 12, 2018
Infrastructre is not what makes economies but human capital ? Does the North largely illiterate codeinized North have this?
Re: Abuja Overtakes Lagos In Foreign Capital Inflows by aribisala0(m): 5:57pm On May 12, 2018
Bank deposits are not a proxy for economic activity. This is somthing OMATA boys struggle to grasp. They are
Re: Abuja Overtakes Lagos In Foreign Capital Inflows by Rainmaker69(m): 6:21pm On May 12, 2018
Obi1kenobi:


I'm no economist, but simple laws of economics tell me cost of living, especially housing, is expensive in Abuja because the market for it exists in Abuja. My uncle was complaining to me just 2 days ago how he wanted to sell an apartment block of 6 units of 3-bedroom flats he has in Mkpor, Anambra (not far from Onitsha) because he barely gets 720k a year in rent from it. Meanwhile, even his singular unit 3-bedroom boys-quarter that he rents out in Lagos nets him 750k a year. And it's not even in good area of Lagos. It's simple demand and supply really. Abuja has a high concentration of HNI (high net worth individuals) and that is why life is expensive there.

Interesting point. There are many factors responsible for high cost of living outside market forces (supply and demand). As a general rule, Nigeria has a housing deficit that is very obvious in city centers and urban areas. The Abuja phenomenon is nothing like what you think it is. Rent and property prices are not determined by actual market prices. Going by your HNI analysis, Lagos rates would be worse than Abuja but in Lagos, you find the good, bad and ugly. In Abuja, the prices do not reflect these realities (although the financial crunch is equalizing prices). My brother, forget that thing about concentration of HNIs in Abuja. A visit to the place will change your mind.

2 Likes

Re: Abuja Overtakes Lagos In Foreign Capital Inflows by nairaman66(m): 7:10pm On May 12, 2018
aribisala0:
You don't know what a portfolio investment is. That is quite obvious

Obviously you do, please share more light sir! Apart from being indirect means of management, what else would you like to clarify?

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