₦airaland Forum

SouthEastFacts:
Stay on purpose, or create a thread, mention us, and we shall gladly attend to you.

#Thanks

Leez:

giving u nightmares
btw wats with the boom in rat poison sale in the waste?

totit:
Abeg, oga, don't use my word, are you still insisting that the website are into real estate or not?

By the way, your made your conclusion (again), draw your own stats base on the oral statement that ibo dominate the real estate business,in nigeria. Anyway, let me not ask for facts since you've made your conclusion base on ibo real estate dominance in FCT,according to you,ofcourse .

No! You can't manipulate me with your rhetoric or WE stats,anymore.

Lmao.

I give up on you.

Lmao

SouthEastFacts:
Oral statement? Lol

Even written stat, once read become oral statement.

Anyway, that oral statement was made by a sitting FCT Minister, not just anybody. Google it up.

Mallam El Rufai said that Igbos own 73% land in FCT. What this means that the other 200+ ethnic groups are sharing the other 27%.

This means that real estate in FCT are controlled by Igbos. If Igbos control real estate in a place as costly as Abuja, then Igbos are the highest owner of real estate in Nigeria.

totit:
I meant this, abeg, don't try to cover it up :

Oral stats 1 :




Oral stats 2 :



Like I said earlier, no body can drag your oral figures with you but what annoys most of us is that you do so without honor.

totit:
My brother, the thing just dey annoy me sha. But since the dude is calm and seem to be logical and intelligent small nah Im I just dey make I maintain sh.

Rmxr:
Someone needs to pen a refutation of all the nonsense the mumu wrote lol before they start passing it as facts. There are too many zobos in the post and trust some Yorubas that don't think to believe them you don't even need to verify to know everything he wrote is rubbish. They just don't make any sense Cc AshiwajuFoward scholes0

Rmxr:
Lol the problem is anytime they want to pacify Igbos for losing civil war, they tell them sweet lies even they themselves know make no sense. Igbos get excited and forget all the things they've been complaining about cos they have low self esteem. They know that's what they want to hear

Rmxr:
It's like you people think we are all stupid on this forum lol. You can't be throwing figures around and expect us not to ask questions.

Rmxr:
Someone needs to pen a refutation of all the nonsense the mumu wrote lol before they start passing it as facts. There are too many zobos in the post and trust some Yorubas that don't think to believe them you don't even need to verify to know everything he wrote is rubbish. They just don't make any sense Cc AshiwajuFoward scholes0

Ogun, Ikeja top manufacturers’ investment destinations in 2014

While Ogun, which is now Nigeria’s industrial hub, recorded N377 billion worth of investments within the period, Ikeja returned investments worth N39.86 billion.

Ogun State’s represents 78 percent of N483 billion worth of investments made in the whole of the manufacturing sector within the period under review, while Ikeja shares 8.3 percent.

“This has revealed that the majority of manufacturing investments were directed towards Ogun industrial axis, which consists of Otta, Agbara, Ibafo/Mowe and Shagamu industrial areas,” said MAN, in its latest January to July 2014 economic review.

....

The data further show investments in Kano/Sharada/Challawa as N19.75 billion and those of Oyo/Ondo/Osun/Ekiti as N19.2 billion within the period under review.

Anambra/Enugu that had N5.5 billion worth of investments.
while those of Imo/Abia were estimated at N309 million.

Rmxr:
It's like you people think we are all stupid on this forum lol. You can't be throwing figures around and expect us not to ask questions.

SouthEastFacts:
Kanu is one man out of 50 million. Continue talking about him while the incursion continues, keep hiding in your 'enclave'. Probably an Igbo man is representing you in Lagos State House of Assembly. Three of them won in an area heavily populated by Igbos.

Check this out again:

South East Nigeria is the least indebted region with a patry debt of #248 bn. This translates to 7.5% of the total debt profile of the entire 36 states. This patry figure leaves the other 5 regions to share the other 92.5% at an average of 18.5%. This means that South East is below other regions in Fiscal rascality.

The aggregate debts of the 36 states to the National budget 2017 is 45.8%, South East debt to the budget is about 3.5%, leaving other 5 regions with 42.3% at an average of 8.5 for the other regions.

The proportion of SE debt to our GDP is 0.0%, meaning this is sustainable and serviceable at the long run.

With a single digit figure against the double digits figure of the other regions, SE deserves a Kudos.

#GodBlessSE
Credit:Official336

SouthEastFacts:
List the figures.

We will then point out how we arrived at them.

#Thanks

AshiwajuFoward:
Guy, no point 'refuting' anything coz it's actually a failed attempt at damage control. All the balderdash contained in this thread amounts to no more than hot air coz the SE is still the least viable region of the federation. #Fact. Heck, the OP himself would have a hard time getting any of his more ambitious brethren/kinsmen who's sights are set on emigrating to the Best/West side in pursuit of a better and more secure future, with this load of crap. I'll only say a few things to highlight how ignorant this OP is.

If they (the SE folks) have to scream 'marginalization' and endlessly engage in cajoling exercises to coerce the FG to come build a 2nd Niger Bridge (an undertaking that one or two SE states are capable of executing), then abeg who's fooling who? The SE is barely the size of Oyo state, yet these same people who claim they had to rebuild their enclave 'from scratch' after the civil war, are finding it super difficult to develop that tiny space, and already have more more brown roofs in their entire region than Oyo and Ogun states put together.

That region has the lowest purchasing power -- I have provided verifiable data from the telcos that show that in spite of all their noise and empty chestbeating about how 'super-duper' they are, they still fail to live-up to their own hype data after data. Their region performs very poorly against even some Northern states, yet they still throw fits in the face evidence, and go on about being 'the richest' tribe in Africa' in spite of all the mountain of evidence . They can barely afford to recharge their mobile phones Data after data, they are missing in action -- as if the region doesn't even exist sef. And I mean every economic data of reckoning. Bottomline is that if you're an igbo youth who has more ambition beyond become a trader at Aba or Onitsha, you have no other option than to emigrate from the SE. #Fact


https://s1.postimg.org/9jhexpthrz/dat1.jpg

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https://s1.postimg.org/3n6w2opiu7/dat2.jpg

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https://static.pulse.ng/img/incoming/origs6912226/934636869-w644-h960/INFO-1.png

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https://c1.staticflickr.com/5/4344/36239831481_56e9a481d8_b.jpg

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https://s1.postimg.org/8dc5ztwd1r/afrimarkets.png

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https://s4.postimg.org/osi6p7fod/euro.png

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https://s3.postimg.org/443s71n37/Population_Expansion_and_Income_Growth_Stand_Beh.jpg

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[img][/img]

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

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https://www.businessdayonline.com/ogun-ikeja-top-manufacturers-investment-destinations-in-2014/


These datas are available and accessible to serious investors, including their own kinsmen, looking for where to invest their money. You can't give what you ain't got. Matter of fact, I know of some igbos that prefer to launch their products in the SW than the SE, for this same reason. A tech company, owned by an U.S trained SS native, recently raised a shitload of money from venture capitalists for expansion, and they listed Lagos, SW and SS as their target markets. -- NO SE, as if they don't exist. Obviously this company was acting on reliable data about demographics and purchasing power for their products and services.

The SE is just not viable economically, simple! And nothing else encapsulates this fact more than the steady and unrelenting stream and emigration of able-bodied Igbos from the SE to other parts of the country in search of economic sustenance.

They can try to spin the whole 'fiscal sustainability index' report to window-dress their pitiful situation but the reality on the ground is glaring to the blind sef. If there's any truth in the crap the OP is trying to sell eh... it wouldn't be trying to so hard to convince us. Heck, this subject matter has been thrashed on this very forum times without number so I personally no longer feel the need to engage in back-and-forths over this sort of nonsense.

Rmxr:
Sure. I'll create a thread in the coming days. You better get ready to defend all the nonsense you wrote

SouthEastFacts:
If this is what you call refutation, then I need to seriously question our education system. Attack the points raised in this point to declare them invalid, not derailing the post to divert attention.

Am going to respond to you, and at the same time educate you.

I don't know where you got the idea that SE has more brown roofs than Ogun and Oyo put together. Ibadan without doubt is. Even Business African Magazine once referred to it as '...the city with brown rusty roofs'.

Do you know what appointing Enugu as 100RC means? it means Enugu can now act as a model to global cities seeking for urban resilience.

For a city to make the 100RC, it must score high in these four dimensions:
1. Health and wellbeing
2. Economy and Society
3. INFRASTRUCTURE and ENVIRONMENT
4. Leadership and strategy

2. You said SE has the lowest purchasing power using internet usage as a guage. Do you really know what purchasing power is? You need to be sent back to school. According to World Internet Stats, Nigeria has the 8th largest internet user, while Germany 11th and UK 13th. This doesn't mean Nigeria has higher purchasing power than Germany and UK. China occupies 1st, India 2nd and US 3rd. Using bank deposit mobilization is better measure for purchasing. According to the CBN, Anambra is 3rd largest in deposit mobilisation, behind Kano (2nd) and Lagos (1st). Don't forget Lagos' population according to UN is about 21 million, Kano over 13 million. Anambra is just 5 million.

If you take the ratio of the deposit to population, you will see Anambra will have the highest purchasing power.

3. You said 5 Nigerian cities make top 25 biggest market in Africa. You got that from this www.nigerianewsonline.com.ng/3-nigerian-cities-make-euromonitors-top-10-fastest-growing-african-cities-list/

Do you really know what consumer market is? I guess you don't.

Projection was made from 2015-2030 to identify cities that will have the largest consumer market in 2030. Population growth was used to identify the cities. The size of your population is the size of your consumer market. Lagos' consumer market is 21 million while Anambra is 5 million.

Expected food consumption in 2030 was used to make the ranking. Food consumption is used as a proxy for the consumer market.

In 2030, the populations of Lagos, Abuja, Kano, Ibadan and PH are expected to expand rapidly, hence an increase in food consumption.

4. You want to measure economic viability using private investments in manufacturing in Ogun and Ikeja. A look at your figure shows that that investment was made 2014, 3 years ago and worth 416.86 bn NGN.

Anambra government alone in the past 4 years attracted 5 billion USD worth of foreign investments. That is about 1.8 trillion NGN in today's exchange.

Google that up pls.

Innoson last year attracted 1 billion USD FDI from China to be invested in digital media. That is about 360 billion NGN.

www.herald.ng/innoson-motors-chinese-investors-invest-1bn-ict-sector/

Abia state government this year attracted 1.5 billion NGN FDI from China to be invested in shoe manufacturing. That is another 540 billion NGN.

https://www.vanguardngr.com/2017/04/chinese-firm-build-1-5bn-shoe-factory-aba/

The three investments worth a whooping 2.7 trillion NGN, and we didn't make noise about them.

Are you afraid of our incoming report on that Fiscal Sustainability Index? You are already showing that.

I wish we can just write on Lagos debt profile. We really need to put an end to some chest beating.

Rmxr I have seen who you sent to refute the facts. Try harder next time.

Biafraishere what do you think?

#Thanks

GoldNiagara:
Do you know that the success of Yoruba today was with out handouts of 20 pounds like you guys got and remember, we also fought this war.

Despite your 20 pounds we are still more successful in all thing.

We also demand our own 20 pounds.

kotv:
There lands were destroyed during the war, yours wasn't.
There money all stolen after the war by the Nigerian government, yours wasn't.

That's the difference.
You're not ahead and your so called success is very miniscule.
Like a member once pointed out, considering your circumstance, your success should marvel that of North of Africa but yet you dragging with other regions in Nigeria which didn't have the same situation you had (lack of war).

SouthEastFacts:
Lol.

Try and fight back with facts, instead of being sentimental.

Would you have done the same thing if I replace SE with SW and Igbo with Yoruba?

If you think Igbos are not up to 50 million, instead of resorting to insult, why not come up with a counter argument.

The way people are commenting here makes me question the quality of our education.

National Competitive Council of Nigeria released an index where SE was ranked so low. To us, this didn't reflect realities. Instead of throwing insults, we went back, study the criteria used in the ranking, scrutinize them and then found out some flaws.

We wrote an article on that.

AshiwajuFoward:
Yinmu. Talk is cheap. Enugu state is a glorified village of which only a small fraction (probably no more than 2 local government) out of the entire state is urbanized/'developed', and that's by SE standards anyway, while the rest are rural areas (dude, I have enough drone shots to prove this). You can Quote me anywhere. In otherwords the 'city' is just too small to even be considered robustly developed let alone the entire state. Outside that tiny 'city', the rest of the state is an overgrown village. It's an insult to compare your enugu village to Ibadan. You can remove no less than 20 Enugu 'cities' from within Ibadan. Ibadan has 5 mega malls (compared to just the Polo Park mall in Enugu), 4 Cinemaplexes (compared to the one in Enugu), arguably the best and most equipped teaching hospital in the entire country, is home to way more multinationals and international brands that don't even exist in the entire SE, let alone Enugu (I'm talking about the likes of KFC [which has 4 outlets], ColdStone, Dominos Pizza, e.t.c). Enugu has no leader o, guy. Even your own SE kinsmen would agree with me on that, considering your 'leader's show of shame episode during the fulani herdsmen attacks on his people. Enugu is a civil service state so you aren't fooling anyone with your crap. Aba and Onitsha can brag a bit about having considerably modest economic output but certainly not Enugu.





Dude, I just gave you data from specific and different sources (telcos, euromonitor, business insider, and fraym) that clearly show that your region is an economic featherweight, in spite of your hype and baseless posturing. Those stats are from non-Nigerian/credible sources that can be VERIFIED. You on the other hand have failed to refute any of them. And yes, those voice and internet usage data are credible measures of purchasing power because they are consistent with the other data that I presented on cities with the biggest markets AND fastest consumer spending in sub-saharan africa. 'Recharge cards' have become basic necessities and valid measure of purchasing power and consumer spending. Pray tell what these Anambra 'high bank depositors' are spending their money on that isn't getting captured or reflected in their local economy to catch the attention of data analysts?? You even unwittingly (and probably) under-represented the state's population in your attempt to show that it has a relatively under performing economy, but in any case, why is this purported high purchasing power of Anambrarians not reflecting in the state's VAT, neither is it reflecting in the state's IGR? The fact that some traders at Onitsha main market make multiple bank deposits in a day doesn't translate to a 'high purchasing power', mr. okoro.

Anyhow, I wasn't really expecting you to put up any credible rebuttal (besides that weak and tired bank deposits crap -- it's interesting that Anambra, in spite of all the noises and hype you all make about the state, is yet to make a debut on the international scene ).





Dude, Lagos didn't even make the cut on the 'fastest growing consumer markets in sub-saharan' africa list, hope you noticed that? Anambra has the largest population of any SE state, yet Onitsha its most populous and commercial town, didn't make the cut on any of the lists I referenced. Benin city made the cut on the top 35 Biggest markets list (at #32). Where is this elusive Anambra purchasing power that caused the likes of Delta, Kaduna, and Edo state inhabitants to have more money to spend on recharge cards than almighty Anambra If Anambra people are spending so much (mind you, if you aren't spending how will your local economy be stimulated, how will money circulate?), where are they spending the money? What are they consuming that isn't getting captured or attracting the notice of data analysts??



Guy, this right here is the biggest bullshyt of all. Obiano's political opponents within Anambra have challenged him to prove the veracity of his $5-billion dollar worth of investment claim, and his best retort through his handlers was that it's based on previously signed MOUs that are awaiting execution. In otherwords, they're non-existent investments that can't be verified. There's absolutely NO WAY that a state like Anambra would attract that much in investments and the entire country wouldn't feel the impact let alone the natives of the state (perhaps in your twisted mind, you're confusing $5-billion with the scandalous $5-million Ugu export claims). The Ogun investment -related report I cited was sourced from MAN (Manufacturers Association of Nigeria) and the figures were for half of that year (2014) -- the state actually attracted a total of N690-billion in manufacturing sector investments in 2014 [ https://www.vanguardngr.com/2016/05/ogun-state-attracted-n690bn-investments-2014/ ]. The previous year (2013), the same Ogun led other zones with about 60 percent of investments into the manufacturing sector, closely followed by Oyo/Ondo/Osun/Ekiti and Kano (Sharada/Chalawa).[ https://guardian.ng/business-services/industry/nigeria-s-industrial-sector-in-perspective-by-man/ ] In 2015, Ogun repeated the same feat when (according to MAN) it similarly attracted 69% of the investments into that sector. And according to a british envoy, Ogun attracts 75% of FDI that comes into Nigeria. http://punchng.com/ogun-attracts-75-fdi-into-nigeria-uk-envoy/

Meanwhile, in the SE:

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https://s1.postimg.org/3adhd4tz33/seman1.png

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https://s1.postimg.org/5b2vliy4sv/overtaker.jpg

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Dude, those investments you listed are yet to materialize. They were more or less MOUs . You must be from Anambra coz you and that Obiano guy have a penchant for deceptively appropriating MOUs as though they're actual investments. Same thing applies to the Aba chinese shoe one you also touched on -- a kobo of that proposed investment has not yet landed in Nigeria let alone alaigboland. Your own people are already crying to their Ikpeazu to desist from inviting the chinese into Aba shoe industry coz they're afraid of competition. [ https://www.vanguardngr.com/2017/06/aba-shoe-makers-jittery-chinese-shoe-magnets-investment-aba/ ] Look, when these investments arrive, they'll certainly be captured and we'll all be here to celebrate them.




Dude, you think too highly of yourself. Lagos debt profile that you're masturbating over hasn't stopped your people from emigrating to Lagos and the rest of the 'indebted' SW en masse for economic sustenance. Until it does, you are just blowing hot air coz even your own folks ain't buying what you're tryna sell. #Real Talk.

AshiwajuFoward:
Yinmu. Talk is cheap. Enugu state is a glorified village of which only a small fraction (probably no more than 2 local government) out of the entire state is urbanized/'developed', and that's by SE standards anyway, while the rest are rural areas (dude, I have enough drone shots to prove this). You can Quote me anywhere. In otherwords the 'city' is just too small to even be considered robustly developed let alone the entire state. Outside that tiny 'city', the rest of the state is an overgrown village. It's an insult to compare your enugu village to Ibadan. You can remove no less than 20 Enugu 'cities' from within Ibadan. Ibadan has 5 mega malls (compared to just the Polo Park mall in Enugu), 4 Cinemaplexes (compared to the one in Enugu), arguably the best and most equipped teaching hospital in the entire country, is home to way more multinationals and international brands that don't even exist in the entire SE, let alone Enugu (I'm talking about the likes of KFC [which has 4 outlets], ColdStone, Dominos Pizza, e.t.c). Enugu has no leader o, guy. Even your own SE kinsmen would agree with me on that, considering your 'leader's show of shame episode during the fulani herdsmen attacks on his people. Enugu is a civil service state so you aren't fooling anyone with your crap. Aba and Onitsha can brag a bit about having considerably modest economic output but certainly not Enugu.





Dude, I just gave you data from specific and different sources (telcos, euromonitor, business insider, and fraym) that clearly show that your region is an economic featherweight, in spite of your hype and baseless posturing. Those stats are from non-Nigerian/credible sources that can be VERIFIED. You on the other hand have failed to refute any of them. And yes, those voice and internet usage data are credible measures of purchasing power because they are consistent with the other data that I presented on cities with the biggest markets AND fastest consumer spending in sub-saharan africa. 'Recharge cards' have become basic necessities and valid measure of purchasing power and consumer spending. Pray tell what these Anambra 'high bank depositors' are spending their money on that isn't getting captured or reflected in their local economy to catch the attention of data analysts?? You even unwittingly (and probably) under-represented the state's population in your attempt to show that it has a relatively under performing economy, but in any case, why is this purported high purchasing power of Anambrarians not reflecting in the state's VAT, neither is it reflecting in the state's IGR? The fact that some traders at Onitsha main market make multiple bank deposits in a day doesn't translate to a 'high purchasing power', mr. okoro.

Anyhow, I wasn't really expecting you to put up any credible rebuttal (besides that weak and tired bank deposits crap -- it's interesting that Anambra, in spite of all the noises and hype you all make about the state, is yet to make a debut on the international scene ).





Dude, Lagos didn't even make the cut on the 'fastest growing consumer markets in sub-saharan' africa list, hope you noticed that? Anambra has the largest population of any SE state, yet Onitsha its most populous and commercial town, didn't make the cut on any of the lists I referenced. Benin city made the cut on the top 35 Biggest markets list (at #32). Where is this elusive Anambra purchasing power that caused the likes of Delta, Kaduna, and Edo state inhabitants to have more money to spend on recharge cards than almighty Anambra If Anambra people are spending so much (mind you, if you aren't spending how will your local economy be stimulated, how will money circulate?), where are they spending the money? What are they consuming that isn't getting captured or attracting the notice of data analysts??



Guy, this right here is the biggest bullshyt of all. Obiano's political opponents within Anambra have challenged him to prove the veracity of his $5-billion dollar worth of investment claim, and his best retort through his handlers was that it's based on previously signed MOUs that are awaiting execution. In otherwords, they're non-existent investments that can't be verified. There's absolutely NO WAY that a state like Anambra would attract that much in investments and the entire country wouldn't feel the impact let alone the natives of the state (perhaps in your twisted mind, you're confusing $5-billion with the scandalous $5-million Ugu export claims). The Ogun investment -related report I cited was sourced from MAN (Manufacturers Association of Nigeria) and the figures were for half of that year (2014) -- the state actually attracted a total of N690-billion in manufacturing sector investments in 2014 [ https://www.vanguardngr.com/2016/05/ogun-state-attracted-n690bn-investments-2014/ ]. The previous year (2013), the same Ogun led other zones with about 60 percent of investments into the manufacturing sector, closely followed by Oyo/Ondo/Osun/Ekiti and Kano (Sharada/Chalawa).[ https://guardian.ng/business-services/industry/nigeria-s-industrial-sector-in-perspective-by-man/ ] In 2015, Ogun repeated the same feat when (according to MAN) it similarly attracted 69% of the investments into that sector. And according to a british envoy, Ogun attracts 75% of FDI that comes into Nigeria. http://punchng.com/ogun-attracts-75-fdi-into-nigeria-uk-envoy/

Meanwhile, in the SE:

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https://s1.postimg.org/3adhd4tz33/seman1.png

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https://s1.postimg.org/5b2vliy4sv/overtaker.jpg

---

Dude, those investments you listed are yet to materialize. They were more or less MOUs . You must be from Anambra coz you and that Obiano guy have a penchant for deceptively appropriating MOUs as though they're actual investments. Same thing applies to the Aba chinese shoe one you also touched on -- a kobo of that proposed investment has not yet landed in Nigeria let alone alaigboland. Your own people are already crying to their Ikpeazu to desist from inviting the chinese into Aba shoe industry coz they're afraid of competition. [ https://www.vanguardngr.com/2017/06/aba-shoe-makers-jittery-chinese-shoe-magnets-investment-aba/ ] Look, when these investments arrive, they'll certainly be captured and we'll all be here to celebrate them.




Dude, you think too highly of yourself. Lagos debt profile that you're masturbating over hasn't stopped your people from emigrating to Lagos and the rest of the 'indebted' SW en masse for economic sustenance. Until it does, you are just blowing hot air coz even your own folks ain't buying what you're tryna sell. #Real Talk.

AshiwajuFoward:
Yinmu. Talk is cheap. Enugu state is a glorified village of which only a small fraction (probably no more than 2 local government) out of the entire state is urbanized/'developed', and that's by SE standards anyway, while the rest are rural areas (dude, I have enough drone shots to prove this). You can Quote me anywhere. In otherwords the 'city' is just too small to even be considered robustly developed let alone the entire state. Outside that tiny 'city', the rest of the state is an overgrown village. It's an insult to compare your enugu village to Ibadan. You can remove no less than 20 Enugu 'cities' from within Ibadan. Ibadan has 5 mega malls (compared to just the Polo Park mall in Enugu), 4 Cinemaplexes (compared to the one in Enugu), arguably the best and most equipped teaching hospital in the entire country, is home to way more multinationals and international brands that don't even exist in the entire SE, let alone Enugu (I'm talking about the likes of KFC [which has 4 outlets], ColdStone, Dominos Pizza, e.t.c). Enugu has no leader o, guy. Even your own SE kinsmen would agree with me on that, considering your 'leader's show of shame episode during the fulani herdsmen attacks on his people. Enugu is a civil service state so you aren't fooling anyone with your crap. Aba and Onitsha can brag a bit about having considerably modest economic output but certainly not Enugu.





Dude, I just gave you data from specific and different sources (telcos, euromonitor, business insider, and fraym) that clearly show that your region is an economic featherweight, in spite of your hype and baseless posturing. Those stats are from non-Nigerian/credible sources that can be VERIFIED. You on the other hand have failed to refute any of them. And yes, those voice and internet usage data are credible measures of purchasing power because they are consistent with the other data that I presented on cities with the biggest markets AND fastest consumer spending in sub-saharan africa. 'Recharge cards' have become basic necessities and valid measure of purchasing power and consumer spending. Pray tell what these Anambra 'high bank depositors' are spending their money on that isn't getting captured or reflected in their local economy to catch the attention of data analysts?? You even unwittingly (and probably) under-represented the state's population in your attempt to show that it has a relatively under performing economy, but in any case, why is this purported high purchasing power of Anambrarians not reflecting in the state's VAT, neither is it reflecting in the state's IGR? The fact that some traders at Onitsha main market make multiple bank deposits in a day doesn't translate to a 'high purchasing power', mr. okoro.

Anyhow, I wasn't really expecting you to put up any credible rebuttal (besides that weak and tired bank deposits crap -- it's interesting that Anambra, in spite of all the noises and hype you all make about the state, is yet to make a debut on the international scene ).





Dude, Lagos didn't even make the cut on the 'fastest growing consumer markets in sub-saharan' africa list, hope you noticed that? Anambra has the largest population of any SE state, yet Onitsha its most populous and commercial town, didn't make the cut on any of the lists I referenced. Benin city made the cut on the top 35 Biggest markets list (at #32). Where is this elusive Anambra purchasing power that caused the likes of Delta, Kaduna, and Edo state inhabitants to have more money to spend on recharge cards than almighty Anambra If Anambra people are spending so much (mind you, if you aren't spending how will your local economy be stimulated, how will money circulate?), where are they spending the money? What are they consuming that isn't getting captured or attracting the notice of data analysts??



Guy, this right here is the biggest bullshyt of all. Obiano's political opponents within Anambra have challenged him to prove the veracity of his $5-billion dollar worth of investment claim, and his best retort through his handlers was that it's based on previously signed MOUs that are awaiting execution. In otherwords, they're non-existent investments that can't be verified. There's absolutely NO WAY that a state like Anambra would attract that much in investments and the entire country wouldn't feel the impact let alone the natives of the state (perhaps in your twisted mind, you're confusing $5-billion with the scandalous $5-million Ugu export claims). The Ogun investment -related report I cited was sourced from MAN (Manufacturers Association of Nigeria) and the figures were for half of that year (2014) -- the state actually attracted a total of N690-billion in manufacturing sector investments in 2014 [ https://www.vanguardngr.com/2016/05/ogun-state-attracted-n690bn-investments-2014/ ]. The previous year (2013), the same Ogun led other zones with about 60 percent of investments into the manufacturing sector, closely followed by Oyo/Ondo/Osun/Ekiti and Kano (Sharada/Chalawa).[ https://guardian.ng/business-services/industry/nigeria-s-industrial-sector-in-perspective-by-man/ ] In 2015, Ogun repeated the same feat when (according to MAN) it similarly attracted 69% of the investments into that sector. And according to a british envoy, Ogun attracts 75% of FDI that comes into Nigeria. http://punchng.com/ogun-attracts-75-fdi-into-nigeria-uk-envoy/

Meanwhile, in the SE:

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Dude, those investments you listed are yet to materialize. They were more or less MOUs . You must be from Anambra coz you and that Obiano guy have a penchant for deceptively appropriating MOUs as though they're actual investments. Same thing applies to the Aba chinese shoe one you also touched on -- a kobo of that proposed investment has not yet landed in Nigeria let alone alaigboland. Your own people are already crying to their Ikpeazu to desist from inviting the chinese into Aba shoe industry coz they're afraid of competition. [ https://www.vanguardngr.com/2017/06/aba-shoe-makers-jittery-chinese-shoe-magnets-investment-aba/ ] Look, when these investments arrive, they'll certainly be captured and we'll all be here to celebrate them.




Dude, you think too highly of yourself. Lagos debt profile that you're masturbating over hasn't stopped your people from emigrating to Lagos and the rest of the 'indebted' SW en masse for economic sustenance. Until it does, you are just blowing hot air coz even your own folks ain't buying what you're tryna sell. #Real Talk.

SouthEastFacts:
It is not a secret that the Igbos are the most mobile tribe in Nigeria. With about 35% of a total population of about 50 million living in the South East, their home land, the Igbos have the best spread in the country. A recent projection shows that about 11 million are living in the North alone, and there is this concensus among different writers that Lagos population is made up of about 40% Igbos. Another source claim there is over 40% Igbos in the population of Nigerians in Diaspora, 20% in cities like Kano, Jos e.t.c. www.nigeriaworld.com/feature/publication/nnebe/101013.html. Collaborating the 40% Igbos in Nigerians in diaspora, an informal survey showed that an average extended family in Igboland has atleast one family member outside the country

With a projected population of about 18 million by Lagos State Government, we can assume an Igbo population of 7.2 million in Lagos alone, over 3 million in Kano alone, leaving the other Northern states to share 8 million Igbos. With Lagos statistics we can safely assume, over another 11 million Igbos in the SW. This means about over 22 million Igbos living in the North and South West.

We are going to concisely discuss the social and economic benefits of this mobility.

Before we proceed, we are going to make one thing clear, using the exact words of Nnede, a former Wall Street Investment banker, "The Igbos are simply very republic in nature, and would easily uproot themselves and their families to greener pastures without qualms. When I use the phrase greener pastures, it does not necessarily represent better developed areas. Just better opportunities, and when they can't find one upon arrival would create one for themselves."

The number one blessing is that the Igbos can never be exterminated. With only about 35% of their population living within the region, should anything happen to SE either by natural or unnatural means, the other 65% though psychologically beaten will be their to continue the race.

Traveling is part of learning, especially with respect to human behaviour. Through experiences garnered through travelling, South East has the most understanding of the behaviour of the different tribes in the country. This explains why they are better traders in the country, even in West Africa, building the largest and busiest market in Africa (Onitsha Main Market, Onitsha) and the four Largest market in Nigeria (Ariria Int'l Market, Aba).

Nigerians in diaspora remitted into the country since 2015 stands at $20.8bn, that is about #7.519 trillion either for financial development projects or to assist family members. www.dailypost.ng/2017/07/26/nigerians-diaspora-repatriate-n7-519-trillion-nigeria-finance-development/ using the above statistics of Igbos in diaspora, Igbos contributed to about $8.32 bn into Nigerian foreign reserve and repatriates about over #3 trillion to families in the SE, while the rest of the country shares about #4.5 bn at average of about #900 bn for each of the 5 regions. This is one of the blessings that come from traveling.

There are massive Igbo investments all over the country. Infact, one report showed that there are about #44 trillion worth of Igbo investments in the North alone www.sunnewsonline.com/igbo-and-their-trapped-trillions/ While some people believes that those trillions are trapped, but the truth is they are not. The main reason is that International laws allow global citizens to acquire and owe legitimately properties in any part of the world and two, no sane person will destroy an investment worth of #44 trillion.

Most of these investments are started with small capitals and cannot strive in the East, so it makes economic sense to site them in areas where comparative costs are lowest, instead of trying to invest the small capital in the East. Just like MTN repatriates profits to South Africa, Apple China to the USA, these investments will as well make repatriation down to the East, including their Corporate social responsibilities. This is because in Igbo land, no matter how rich you are, you are judged by your impact in your community, how many successful people you have groomed, the later is usually used to rate traders. If you have not trained a successful trader, you are counted as nothing. This is known as the 'Aku ruo ulo philosophy' it is the basis of the Igbo resilience.

Let assume, we have Biafra, Oduduwa and Arewa. With Igbo investments scattered all over Nigeria before separation, Biafra will exert massive influence on the economy of Oduduwa and Arewa. This will grow into political influence with time when leveraged on properly. Repatriation from these countries will lead to a larger foreign reserve, which will translate into a stronger currency.

The population of Ndi Igbo is growing rapidly across the 5 other regions, if managed and leveraged on properly will lead to a politically and economically stronger EAST. While other regions have to open their eyes to the massive opportunities this offers, we shall continue to make this incursion, while repatriation the benefits home.

#SEfacts

Guestlander:
Who conducted the census of Nigerians in diaspora and concluded Igbo are over 40%? The problem I have with some Igbo commentators on the internet is how they casually make up bogus statistics.
Who are you trying to impress with these numbers?

Cjrane2:
Young Igbo people should not fall victim of the propaganda of your enemies.

Live where you must but never forget where you come from. Remember Nigeria is an evil entity ALWAYS plotting how to dispossess you of your properties and belongings either through violent riots, quit notice or heavy taxation.

It will be wiser and better for you to go live in Mali,Gabon or Burkina Faso than to live in Northern Nigeria. But let those who cannot leave Northern Nigeria remain vigilant.

Therefore, learn to use your homebase as an insurance policy by keeping a branch or some investment at home. So that when the evil men strike at you, you will always have something to fall back to.

python1:
[s][/s]
I didn't ask for the history of how the world was created, my question is, where is cownu?

Nowenuse:
It is both a blessing and a curse at the same time.

Igbos born outside igbo land are heavily loosing their cultural values and traditions if you ask me and at the same time partially hindering the massive development of their own homeland.

Biety:
Your waka waka seems to be blessing now but it is a curse in the real sense.

In the future the reality would stare at you when the indigenes of the regions you are living now stop buying from you and start selling those things they are buying from you today to themselves.

Trading is the only thing giving you advantage over the indigenes of the regions you are livng today and you cannot monopolize it (trading) forever, soon others will start selling goods like electronics, tiles, clothes, drugs etc in their numbers, then you'll be stucked in different parts of Nigeria not knowing what else to do, then most of you w'ld head back home after selling most of your properties.
This is going to happen in the future whether you like/ believe it or not.

Salym:
3 million Igbos in Kano? Do you know that the population of Kano city, where the Igbos are mostly found is not more than 3 million. What kind of statistics is this? Igbos in Kano State are not up to two hundred thousand please. (Check the population of Fagge LGA where Sabon gari is located; its not more than 400 thousand and Igbos are definitely not the majority there. In other northern states their population will be in the range of 10 to 20 thousand or less with the exception of Kaduna where they may be above 50 thousand. All in all there aren't more than 500 thousand Igbos in the whole North.