₦airaland Forum

Woleett:
These people just be jealous of Lagos no wonder Lagos is like Jerusalem to yam reez and they would rather die there than in their godforsaken redmud poohole. I once witnessed one flatheaded fool giving testimony in church that she is grateful to God for now being a lagosian after relocating from anambla

How many Rivers people in Lagos?

How many Yorubas in Rivers?

You have not traveled out of your village you’re talking rubbish.

You don’t even know the difference between Rivers and Anambra.

Macphenson:
Because everything in Nigeria has been politicised by Buhari and APC, from his comments , to his appointments, to his infrastructural distribution, everything.

Some of you can't make two to three sentences without mentioning Buhari even when it's what you can do, Buhari has to be mentioned.
These are kind of stupid reasoning that really gets on my nerves.

And please tell us how Lafiagi has received 10bn ?

Some of you are just down right irresponsible.

0m0nnakoda:
Rivers state does not produce the greatest part of the nations wealth



Oil @ $100 X 2million barrels a day X 365 days a year =$73 billion

Lagos state has a GDP of $ 136 billion

NIGERIA has a GDP of $380 billion

Now Rivers state does not produce most of Nigeria's oil and oil is very far from $100

People need to wake up and stop parroting the same tired rubbish.

Lagos is positioned for the future, oil is the past

Astute.

0m0nnakoda:
You are sermonising
VAT is paid on beer,hotel rooms,telephone calls, meals in eateries etc?

What has that got to do with oil?
You are Ignorant Billions of dollars worth of goods are paid for with dollars from non government sources or diaspora importers
Billions of dollars enter Nigeria from diaspora

The issue here even with oil


How much of the oil is from Rivers state.

You have no facts or figures just emotions

You clearly are out of depth on this issue

I used your so called facts to point how wrong you on Nigeria's earnings. I didn't even make a summary on how Nigeria's economy operates and you are already calling it a sermon because of your ignorance. Let me not complicate issues for you because probably won't understand it.
The Naira has no intrinsic value outside of Nigeria. You can't use Naira to buy dollar or any other currency outside Nigeria. Meaning that you have a commodity being used in place of Naira when such transactions are carried out. In a nutshell, Naira a legal tender just to be politically correct but in reality, commodities like Bonny light are your actual legal tender.

Anyone with faint understanding of basic monetary and fiscal policies would know why Nigeria was downgraded to junk status immediately oil prices slumped.

Read the comments carefully again then come back and reply cos obviously yamreee people are too stupid to read and understand.

President2031:
How many Rivers people in Lagos?

How many Yorubas in Rivers?

You have not traveled out of your village you’re talking rubbish.

You don’t even know the difference between Rivers and Anambra.

Clothingonline9:
Of the six geopolitical zones only south south is contributing good to national purse south East is not even among top 4 sit down boy

Oga there’s nothing like the south east or the south south in the real sense. It is the Eastern region n there is oil n many other resources in the region

Wike must be mad! Pray for such fate in Rivers so as to get what Lagos got. Mumu man. Even Osun that had 20 cases got something with Rivers of one case. Foolish Governor

johnmartus:
This bastard is looking for money to embezzle. Maybe they should transfer some coronavirus patients to his state. Very useless man I wonder if coronavirus is a project.

I laugh in Greek ���� That last sentence weak me

LivingSage:
Wike must be mad! Pray for such fate in Rivers so as to get what Lagos got. Mumu man. Even Osun that had 20 cases got something with Rivers of one case. Foolish Governor

Madam no body send una message oh

PHijo:
I used your so called facts to point how wrong you on Nigeria's earnings. I didn't even make a summary on how Nigeria's economy operates and you are already calling it a sermon because of your ignorance. Let me not complicate issues for you because probably won't understand it.
The Naira has no intrinsic value outside of Nigeria. You can't use Naira to buy dollar or any other currency outside Nigeria. Meaning that you have a commodity being used in place of Naira when such transactions are carried out. In a nutshell, Naira a legal tender just to be politically correct but in reality, commodities like Bonny light are your actual legal tender.

Anyone with faint understanding of basic monetary and fiscal policies would know why Nigeria was downgraded to junk status immediately oil prices slumped.

Honestly you need to be quiet and stop trying to sound knowledgeable
What has fiscal and monetary policy got to do with anything?
You think throwing words around make smart?

It is bombast,breezy, brainless bombast

Bluff and bluster.

The issue here is Lagos is more important than Rivers state to Nigerian economy

AtikuNetwork:
Compare the number of cases in Lagos (which is the epicentre of the outbreak) to other states, maybe then you will 'see' reason. If it goes out of control in Lagos, nowhere else in Nigeria would be spared.

Shey na only Lagos dey lockdown
If they don't want to give other states then is better they cancelled this lockdown so we can go on with our business and make money for ourselves...

mrvitalis:
Build a city when u yoruba media would be paint the city as unsafe ? ...is Lagos actually safer than rivers ? ...more piracy occur in Lagos water than Rivers but the media suppress it

You yorubas thing you are smart ....if Niger Delta was a country of its own won't those companies be in Niger Delta no matter water ...won't ships dock in Niger Delta ? ...

Una never serious

I am not Yoruba . I am from the Niger Delta region. Rivers state is very unsafe. I go there very often and you don’t need anybody to tell you how much of an issue security is there. The average expatriate that comes to work in Nigeria picks Lagos ahead of rivers state . Have you asked yourself why ? Nigerians have moved on from Yoruba/Niger-delta battle . Only the gullible fall for that. Ask dangote , Gabriel volpi, Jim ovia , rabiu of BUA, atedo peterside, elumelu , Allen Onyema and the likes why they invested heavily in Lagos . Are they Yorubas ? Dangote even decided to build a refinery in Lagos when the crude oil reserves are situated in “niger delta “. That should tell you that there is something wrong with the south south region that makes it unattractive for business. Even if you make Rivers state a country the Ikwerres, Ogonis and Kalabaris will fight one another and end up with a failed country

abnot:
I am not Yoruba . I am from the Niger Delta region. Rivers state is very unsafe. I go there very often and you don’t need anybody to tell you how much of an issue security is there. The average expatriate that comes to work in Nigeria picks Lagos ahead of rivers state . Have you asked yourself why ? Nigerians have moved on from Yoruba/Niger-delta battle . Only the gullible fall for that. Ask dangote , Gabriel volpi, Jim ovia , rabiu of BUA, atedo peterside, elumelu , Allen Onyema and the likes why they invested heavily in Lagos . Are they Yorubas ? Dangote even decided to build a refinery in Lagos when the crude oil reserves are situated in “niger delta “. That should tell you that there is something wrong with the south south region that makes it unattractive for business. Even if you make Rivers state a country the Ikwerres, Ogonis and Kalabaris will fight one another and end up with a failed country

Where is safe in Nigeria ...but if u think Lagos is safer than port Harcourt then u need your head examined ...Lagos where they Rob u in traffic ...that can never in Port Harcourt enough of all this rubbish

We have seen yorubas that are United and how they nearly killed themselves in the early 60s ...make una shift jor

Allen oyema u are calling have been begging for land to move his base to enugu , the statw government has begged offer land as compensation to federal government that's twice the land but no ...they want him in Lagos

Bro if u see truth talk

0m0nnakoda:
Honestly you need to be quiet and stop trying to sound knowledgeable
What has fiscal and monetary policy got to do with anything?
You think throwing words around make smart?

It is bombast,breezy, brainless bombast

Bluff and bluster.

The issue here is Lagos is more important than Rivers state to Nigerian economy

I am done with you! You are too ignorant. Those two words you called big grammar are everything when talking about an economy. It is obvious you won't understand so I better end it here.
There are certain aspects even parts of Northern Nigeria are of more value to Nigeria's economy than Lagos. Take Dangote cement for instance, the business relies on the Niger Delta and Northern Nigeria. Now, that Dangote cement has their main office in Lagos and that some of his workers are paying VAT in Lagos does not mean Lagos adds value to the operations of Dangote cement. This should explain how Lagos economy is nonexistent within the Nigerian context. I can't try to explain any further because it would probably be too complex for you to understand.

Lanretoye:
before we say a word they mention education,illiterate...come and take this pandemic away from Lagos to your state and collect 10billion.educated mumu,as if the epicenter of corona virus was rivers state they can manage it like Lagos is doing.

Chaiiii and some man and woman will be somewhere thinking they gave birth to a reasonable child. What a shame to them.

PHijo:
I am done with you! You are too ignorant. Those two words you called big grammar are everything when talking about an economy. It is obvious you won't understand so I better end it here.
There are certain aspects even parts of Northern Nigeria are of more value to Nigeria's economy than Lagos. Take Dangote cement for instance, the business relies on the Niger Delta and Northern Nigeria. Now, that Dangote cement has their main office in Lagos and that some of his workers are paying VAT in Lagos does not mean Lagos adds value to the operations of Dangote cement. This should explain how Lagos economy is nonexistent within the Nigerian context. I can't try to explain any further because it would probably be too complex for you to understand.

I did not call them big grammar, you used them inappropriately and incongruously.

VAT is attributed at point of Consumption/collection. Everytime you are checkmated you change the subject bringing up new irrelevancies
What has brought Dangote into the matter? If Value is added in Obajana VAT is paid there stop talking rubbish
Do you know how much is traded in the stock exchange daily in Lagos and the VAT generated?
Stamp duty? Etc. Do you know the proportion on telephone calls in Nigeria in Lagos on which VAT is charged? What about flights? I could go on for ever

What has monetary policy got to do with anything we discussed so far?

Guy go and sit down at the back

mrvitalis:
Where is safe in Nigeria ...but if u think Lagos is safer than port Harcourt then u need your head examined ...Lagos where they Rob u in traffic ...that can never in Port Harcourt enough of all this rubbish

We have seen yorubas that are United and how they nearly killed themselves in the early 60s ...make una shift jor

Allen oyema u are calling have been begging for land to move his base to enugu , the statw government has begged offer land as compensation to federal government that's twice the land but no ...they want him in Lagos

Bro if u see truth talk

Lol Allen Onyema is not planning to shift his base from Lagos . Don’t deceive yourself . Business men work with fact not with some tribal ideology which you are propagating . He may have his tribal interests but when it comes to to the business of aviation he knows why he chose Lagos. My head and that of the most enterprising business gurus need to e examined since most of them believe they are better off situating their businesses in Lagos . We are in 2020 and you are talking about 60s with so much anger lol. Wake up people have long moved on.

0m0nnakoda:
Rivers state does not produce the greatest part of the nations wealth



Oil @ $100 X 2million barrels a day X 365 days a year =$73 billion

Lagos state has a GDP of $ 136 billion

NIGERIA has a GDP of $380 billion

Now Rivers state does not produce most of Nigeria's oil and oil is very far from $100

People need to wake up and stop parroting the same tired rubbish.

Lagos is positioned for the future, oil is the past

Misinformation and spreading of fakes news and lies.

abnot:
I am not Yoruba . I am from the Niger Delta region. Rivers state is very unsafe. I go there very often and you don’t need anybody to tell you how much of an issue security is there. The average expatriate that comes to work in Nigeria picks Lagos ahead of rivers state . Have you asked yourself why ? Nigerians have moved on from Yoruba/Niger-delta battle . Only the gullible fall for that. Ask dangote , Gabriel volpi, Jim ovia , rabiu of BUA, atedo peterside, elumelu , Allen Onyema and the likes why they invested heavily in Lagos . Are they Yorubas ? Dangote even decided to build a refinery in Lagos when the crude oil reserves are situated in “niger delta “. That should tell you that there is something wrong with the south south region that makes it unattractive for business. Even if you make Rivers state a country the Ikwerres, Ogonis and Kalabaris will fight one another and end up with a failed country

Yoruba or not you are uninformed!
Who cares?
Most of those you mentioned invested in Lagos when it was Nigeria's federal capital territory. They did not invest there because it was way better than their respective states.
Crime rate in Lagos is way higher than virtually all the states in the Niger Delta.
That Dangote choose to build his refinery in Lagos is not a yardstick on safety. You are too ignorant! The only functional private refinery is located in Rivers state. Since you claim Dangote situated his refinery in Lagos because of insecurity why did the same Dangote buy oil blocs in the same Rivers state you claim to be less secure in comparison with Lagos.
Why should Rivers state be a country? The various ethnic nations in Rivers can have their countries if they so please. Must they be bound by the boundaries created by Nigeria?

Benwems:
Misinformation and spreading of fakes news and lies.

https://www.ft.com/content/ff0595e4-26de-11e8-b27e-cc62a39d57a0

You are the one spreading fake news
Go back to Wikipedia where you got your stuff from

It is from 2008

Lagos is not standing still


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David Pilling in Lagos MARCH 25 2018Print this page
Just to the east of Lagos, in the rapidly expanding new city of Lekki, a huge industrial project is taking shape. The Dangote oil refinery, with a capacity of 650,000 barrels a day, will cost at least $12bn to complete and be the biggest refinery of its type in the world.

As well as producing enough petrol and kerosene to meet the entire demand of Nigeria’s 180m people, there will be some left over for export, according to Aliko Dangote, chairman and chief executive of the company behind the project. A separate fertiliser plant will start producing 3m tonnes a year of urea in the next few months, enough to meet the current needs of Nigeria’s farmers, while a petrochemicals factory will make a combined 1.3m t/y of polyethylene and polypropylene.

The scale and audacity of a project that will suck up a third of Nigeria’s daily oil production and tilt the country’s import-export balance has invited naysayers. Some doubt whether even Mr Dangote can pull off a feat that has long eluded Nigerian governments. Yet Mr Dangote, whose company dominates Nigeria’s — and much of Africa’s — cement industry, has a formidable record of delivering at scale.

If all goes to plan, when the refinery enters production in the first quarter of 2020, it will address many of the structural problems that have cursed Nigeria since it discovered huge quantities of oil 50 years ago. Because the country exports crude and imports refined products that are subsidised by the state, a plethora of dealers and middlemen has sprung up to make easy fortunes out of the arbitrage opportunities.


Aliko Dangote is the chairman and CEO of a company that is building a $12bn oil refinery © Bloomberg
Mr Dangote says his refinery will save Nigeria billions of dollars in foreign exchange and remove the pickings that have benefited generations of entrepreneurs diverted from production to speculation — something that is likely to make him enemies. “Nigeria has been trying to make refineries work for a very, very long time,” he says. “I’m a great believer in Nigeria because the opportunities here are enormous. But we need to have consistency in government policies.”

That it has taken a Lagos-based businessman — and not an Abuja-based politician — to tackle so fundamental an issue says much about what is wrong with Africa’s biggest economy. Yet it could also hint at what is going right. Mr Dangote is a symbol of what private enterprise can achieve if it is provided with the right incentives. Though a northerner by birth, he also represents a real Nigerian success story: Lagos.

Since the federal government moved to Abuja in 1991, Nigeria’s former capital and commercial hub of roughly 20m people has taken off. Starting in 1999, with the election of Bola Tinubu, a former Mobil Oil executive, Lagos has had three administrations that have harnessed the private sector to turn the city into the most productive and dynamic part of Nigeria’s economy. It was by offering Mr Dangote tax incentives in the Lekki free trade zone that the state persuaded him to build his refinery in Lagos.

Lagos state output in 2017 was $136bn, according to official estimates, more than a third of Nigeria’s gross domestic product. The city is the centre of most of the country’s manufacturing and home to a pan-African banking industry as well as a thriving music, fashion and film scene that reverberates around the continent. More recently, it has become a tech hub to rival Nairobi’s so-called Silicon Savannah .

The Lagos economy is significantly bigger than that of the whole of Kenya, east Africa’s most dynamic country, with a nominal per capita income of more than $5,000, more than double the Nigerian average. The population, just 1.4m in 1970, has nearly doubled from 11m a decade ago as thousands of people arrive each day to seek a better life

abnot:
Lol Allen Onyema is not planning to shift his base from Lagos . Don’t deceive yourself . Business men work with fact not with some tribal ideology which you are propagating . He may have his tribal interests but when it comes to to the business of aviation he knows why he chose Lagos. My head and that of the most enterprising business gurus need to e examined since most of them believe they are better off situating their businesses in Lagos . We are in 2020 and you are talking about 60s with so much anger lol. Wake up people have long moved on.

https://www.google.com/amp/s/www.thecable.ng/fg-grant-ugwuanyis-request-air-peace-maintenance-facility-enugu-airport/amp

https://www.google.com/amp/s/dailypost.ng/2018/05/02/give-us-land-air-peaces-aviation-hub-ugwuanyi-begs-fg/amp/


Igbos are thinking home ...

maasoap:
Fear your last day on earth. Buhari gave bailouts to all the states with no preferential treatment. When Jonathan and PDP was there, he gave ecological fund to only PDP controlled states and two minority parties who were PDP bedmates, he excluded APC controlled states.
But you're here trying to turn history on its head!

You mean the Buhari that locked down Lagos, Abuja and Ogun, and started sharing money in Nassarawaa state?

Common sense is indeed not common.

0m0nnakoda:
I did not call them big grammar, you used them inappropriately and incongruously.

VAT is attributed at point of Consumption/collection. Everytime you are checkmated you change the subject bringing up new irrelevancies
What has brought Dangote into the matter? If Value is added in Obajana VAT is paid there stop talking rubbish
Do you know how much is traded in the stock exchange daily in Lagos and the VAT generated?
Stamp duty? Etc. Do you know the proportion on telephone calls in Nigeria in Lagos on which VAT is charged? What about flights? I could go on for ever

What has monetary policy got to do with anything we discussed so far?

Guy go and sit down at the back

To start with, there will be no VAT at the Nigerian Stock exchange if there is no plant at Obajana and there will be no plant in Obajana without gas from the Niger Delta. Dangote could trade his cement shares on another stock exchange.

Apart from that Dangote cement could have chosen to remain a private company. They don't need Lagos but they Obajana and the communities that provide Obajana gas. Lagos is dispensible at any given time.

If Buhari decides to move the Nigerian stock exchange from Lagos to Abuja the companies will follow suit.
PZ Cussons moved to Ghana, that should tell you have irrelevant Lagos is.

Our leaders carry their kleptomaniac nature into every issue in this countryl

mrvitalis:
This is absolutely correct ...I see no reason why Lagos would get and other states won't

You seem to be one of those who derive sense only after they have talked...

Lagos has over 100 Corona virus cases? How many does Rivers state have?

The FG is keeping focus on the three most affected locations of Lagos, Abuja and Ogun, while domestic borders across the country have been shut or are under strict restriction to check spread to other states.

The other states should be able to cater for themselves with the few cases they currently have, in the meantime, while they await further support.

Wike should go and shit down! If it were elections matters, he would not have had any qualms doling out billions of Rivers money.

I told someone just last week that Wike's seeming proactiveness on the Covid-19 has strong underlying ulterior motives. Have I not been vindicated?

Lol interestingly the dangote refinery project started 5 years ago or earlier. Gabriel volpi lekki deep seaport project also started a few years ago . These men are still investing and reinvesting in Lagos despite Abuja now being the capital city . The current minister of aviation hadi sirika in a recent interview lamented how he persuaded airlines seeking to operate on the Nigerian route to operate from other airports ( Kano and Enugu) as he has no more slots In Lagos to give to them. Why are they all asking for a slot at Lagos airport ? Air France shut down its Port harcourt route about two years ago. Recently wike and his friends ( austin opara, felix obuah, Etc ) visited Etiopian airline HQ in Addis Ababa to persuade the management of Ethiopian to make the port harcourt permanent . The CEO in return asked for the state government’s support in developing the route and further admitted that the airline was getting a load factor of 80% when they were operating on the Enugu route but are now witnessing a load factor of less than 40% on the port harcourt route . Why Did the passengers from eastern Nigeria chose to fly from abuj/Lagos as opposed to rivers ? People are preparing themselves for the inevitable post oil economy . Jonathan elected President for 5 years but the fortunes of the rivers/ bayelsa did not improve one bit . With three countries carved out of rivers state it still won’t improve with the crop of leaders they have

Macphenson:
That's true, in terms of revenue generation, Rivers state generates more more than Lagos State, so why should Rivers state not be given grants, or is Buhari waiting for the cases to get up to fifty before responding?

What is this one saying?

PHijo:
To start with, there will be no VAT at the Nigerian Stock exchange if there is no plant at Obajana and there will be no plant in Obajana without gas from the Niger Delta. Dangote could trade his cement shares on another stock exchange.

Apart from that Dangote cement could have chosen to remain a private company. They don't need Lagos but they Obajana and the communities that provide Obajana gas. Lagos is dispensible at any given time.

If Buhari decides to move the Nigerian stock exchange from Lagos to Abuja the companies will follow suit.
PZ Cussons moved to Ghana, that should tell you have irrelevant Lagos is.

Clearly you are totally ignorant.
Companies can choose to list in any bourse in the world
Yes if there is so Premiership there would be no viewing centre in Lagos
The Value added by DSTV is part of the Nigerian GDP regardless of where the content is made

The VAT on stock trading is very different from VAT in Obajana

VAT is charged at the brewery
It is also charged when that same Gulder is served in Sheraton hotel

Dangote was planning to list on the London stock exchange.

Companies can be listed on multiple bourses.

Shell is listed in The NYSE and the LSE so what?

Soon you will start talking of monetary policy

DANGOTE could have chosen to remain private but did not because he needed money to expand

That is what the Stock market is for

Even now he is looking to source 100 billion from the market


Lagos is the capital market
That is where money is .

It is as simple as that

Buhari cannot decide to move the stock market. Did he put it there ?

What a foolish thing to say
Does he own it
It would be easier to move the Niger Delta oil to Daura

johnmartus:
This bastard is looking for money to embezzle. Maybe they should transfer some coronavirus patients to his state. Very useless man I wonder if coronavirus is a project.

My brother, Wike is unhappy that Buhari is executing a N10billion Corona project in Lagos instead of Rivers.

The man is so shameless!

lol so what are you going to do about it wike