Opinion: NIPC, Kogi Overtook Lagos Because Yahaya Bello Refused To Lockdown

Covid-19 Lockdown: Kogi Overtakes Lagos in Investments, NIPC

Do you remember when Governor Yahaya Bello said this in May 2020?

"If basic livelihoods cannot be sustained, poor people will prefer the loitery of infections over the certainty of starvation"

Do you also remember when Governor Yahaya Bello said this in June 2020?

"Why lockdown our economy over a disease that has 99.9% recovery rate? The effects of lockdown on the country far supersedes the gain".

Fast forward to this day, December 2020, the Nigerian Investment Promotion Commission (NIPC) has just reported that Kogi state has overtaken all states in the Federation including Lagos, to become Nigeria's top Investments destination for the third quarter of year 2020.

Recall that earlier this year, all states in Nigeria locked down their economies and closed businesses causing a drastic fall in IGR, unemployment and total economic shut down, with the 2nd recession in 5years and worst in over 30years.

Kogi State was the only state that didn't experience Lockdown.

What is the story today?
Kogi has moved from a middle position to become first amongst all states in Nigeria as the number one investment hub.

The drop in Investments across other states has been attributed to the impact of COVID-19 and its global economic impact.

So, Yahaya Bello allowed Kogi's economy to continue to flow and refused to lockdown. But other states allowed lockdown and Kogi has overtaken everybody in investments

The Commission publishes NIPC Intelligence Newsletter 6 days a week, and through it, a total of 13 projects across 8 states were tracked. 3 of the investment announcements were start-up enterprises in health care delivery, and information and communication technology (software development).

Kogi State received the largest share of the investments announced with US$1 billion, followed by Lagos State with US$239 million, Ogun State with US$75 million and Cross Rivers State with US$15 million.

On a sector basis, the top destinations were the transportation sector which received (66%), manufacturing (27%) while information and communication, and mining and quarrying received 3% and 2% respectively. Other sectors, agriculture, and human health and social services collectively accounted for the remaining 2%.

NIPC’s Intelligence Newsletter publishes Nigerian investment-related news culled, from various sources. It is also reported that there is a 57% fall in these Investments across the country compared with the 2019 report.
While for Kogi, it is an incredibly increase in Investments.

Gov. Yahaya Bello predicted the downfall of our economy with the lockdown imposed, now it's obvious what he warned Nigerians about.

The Report gives a sense of investors’ interest in the Nigerian economy. NIPC did not independently verify the authenticity of the investment announcements but is working on tracking the announcements as they progress to actual investments.

http://community.vanguardngr.com/forum/topics/official-kogi-overtakes-lagos-in-investment-flow-in-q3-2020

I completely agree with this.
Yahaya Bello did a good job keeping Kogi open while others lamented over a disease with 99.8% recovery

Some big truth here

Like play like play Bello is doing well this second term

Oluboh:
I completely agree with this.
Yahaya Bello did a good job keeping Kogi open while others lamented over a disease with 99.8% recovery

No lockdown in Oyo State also.

The rating was just a mere academic exercise and no reality in it

Amotolongbo:
No lockdown in Oyo State also.

The rating was just a mere academic exercise and no reality in it

nah theres truth to it ..atleast i worked Kogi so i know.. especially mining and hospitality, lumbering and farming sector.

Just speechless at the moment..

See eeh,na we dey use our hands spoil dx country.

I BELIEVE HE HAS PAID SALARIES

Bullshit.... has he cleared the salary arrears he stockpiled over the last four years..

Wicked young ruler

I have nothing to say



And I don go book space

Interesting

where are the investments?

Mere statistics ,go to Kogi and Lagos and decide for yourself the state with more economic growth.
Even if Lagos is sleeping ,Kogi's economy still won't measure up.
I hope fools are not trying to hype this Bello for 2023 sha, he is gaining too much attention for doing nothing.

There's no smoke without fire.

They must be recording massive revenue projections right now. FG please come and collect, leave we the masses.

a

Kogi case is like different, even no reports of Covid 19 new cases from there the way NCDC is reporting cases across the Country. I didn't say anything ooooooo

All dis story story... Overtook Lagos indeed...

It's logical.

2020 is full of absurditys! Make e go quick

Yahaya Bello?

Kogi state?

Wise government should stop following in Lagos footsteps I have said it before, if ogun state government is wise they should try and send all those concerts that won't be holding in lagos cause of corona to ogun.


By the way

Support Nigeria Niger republic unity now

Bello maintained his braveness as hero.

Noted

osamz007:
I BELIEVE HE HAS PAID SALARIES

Good question, lets start from there.