₦airaland Forum

gwafaeziokwu:
......... and for generation to come this shall be the story, that a young Igbo trader with no fancy certificate kickstarted a $3.3 billion dollar industry.

Kenneth Nnebue! Igbo amaka!

NGpatriot:

LegendHero:
Oil dey your head my brother.

How weekend dey go!

LegendHero:
Haha lol. I gave you 90 movies with their figures and revenue.

You have been quoting maths since without telling us what part of the revenue that is in Igbo hands.

People know me on this forum that I talk with statistics, I don't have time to waste.

Give us the source of your mathematical claim and the share of Igbos in the Nollywood revenue or keep shut.

blasted12:
Padlocked online republic

LegendHero:
dominique puskin naijacutee FOD

Can we move this to front page!

LegendHero:
As part of its continued expansion into Africa, American media streaming service and producer, Netflix, has partnered with Nigerian filmmaker Mo Abudu to create new content from the west African nation.

Abudu, who owns a production company, EbonyLife TV, will work with the teams at Netflix to create two original series as well as multiple Netflix-branded films.

In a statement released Friday, Dorothy Ghettuba, Netflix's lead for original series in Africa, said the streaming giant is working with Abudu because of her "passion for creating high-quality, riveting multi-genre films."

Through EbonyLife, Abudu has produced over 5,000 hours of original television shows and top Nollywood films such as "Fifty" and "The Wedding Party," which grossed 3.5 billion naira (about $11.5 million) in its 2016 release.

The partnership with Netflix will see on-screen adaptations of literary works by two award-winning Nigerian authors, Lola Shoneyin and Wole Soyinka.

Shoneyin's debut novel, "The Secret Lives of Baba Segi's Wives," will be developed into a series, and Soyinka's play, "Death and the King's Horseman," will be adapted into a film.

"We're thrilled about this first-of-its-kind partnership in Africa that will bring some of Nigeria -- and Africa's -- most iconic storytelling to screen. We look forward to supporting Mo as she brings all these diverse Nigerian stories to the world," Ghettuba said in a statement.

The US media streaming company first captured the heart of the African audience in 2015 when it paid $12 million for the worldwide distribution rights of "Beasts of No Nation," starring award-winning actor, Idris Elba. In the same year, it started the distribution of Nigerian movies, buying blockbusters like "October 1" and "Fifty."

Source: https://www.cnn.com/2020/06/12/media/netflix-nigeria-deal/index.html

CC: dominique puskin naijacutee FOD

Panic in Imo community as herdsmen kill security operative


Stanley Uzoaru, Owerri

There is palpable fear in Umuanuma community in Aboh Mbaise Local Government Area of Imo State as suspected herdsmen killed a private security operative, Hycinth Ikegwu, at about 6 am on Sunday while returning from work.

A source from the community, who revealed the incident to DAily Sun, said the community suspected herdsmen because of the brutal way he was murdered.

Ikegwu was said to have been brutally chopped with a very sharp objected on the head that caused him to bleed to death.

“We don’t know what happened to him but because of the deep cut on his head, we just have to suspect the herdsmen.”

However, contrary to the claim of the herdsmen attack, another indigene of the community said: “It couldn’t have been herdsmen attack.

“We don’t have issues of herdsmen in our community, so I doubt he was killed by herdsmen, although the killing was too brutal as nothing was taken away from him, including his motorcycle.”

When contacted, the state Police Public Relations Officer, Orlando Ikeokwu, said he was yet to be briefed on the incident.

rdokoye:
Those so-called employment stats are 3 years out of date, and they look like extrapolations.

What is your point. Why are you quoting those stats. Make your argument clear.

Less than 10% of Anambra people pay tax: https://www.premiumtimesng.com/regional/ssouth-east/356057-only-300000-people-pay-taxes-in-anambra-commissioner.html

Obiano freezes all tax, to cushion the effects of the recession on SMEs in the state: https://nairametrics.com/2016/09/21/anambra-state-eases-tax-burden-on-grassroot-citizens/

rdokoye:
IGR is not a contribution, it's internally generrated, hence the acrynum.

South-East governors have a vested interest in keeping tax low, because unlike in other parts of Nigeria. Igboland actually has a private sector.

You were so quick to quote or assumed that Anambra, is Anambra now representing the whole of SE? Really?

ABSOLUTELY, ZERO ANSWER!

rdokoye:
Those so-called employment stats are 3 years out of date, and they look like extrapolations.

What is your point. Why are you quoting those stats. Make your argument clear.

From what I'm seeing, it doesn't in any way refute my argument, that IGR from Lagos, is primarily due to multinationals, which is also the case with Ogun State.

Enugu IGR is actually larger than Anamabra, and that's due to improved taxation. Ebonyi is known for agriculture, being the leading producer of rice, yam, potatoes, maize, beans, and cassava in Nigeria. Abia is known for industries, along with Anambra. Enugu and Imo is hospitality, although both states also have many indigenous companies and some industries.

What exactly is Ekiti known for or Ogun State? Or Oyo? Do Yoruba people make anything? Where's your Innoson equivalent or your cement companies? Do you guys process any foods? What food brands, cosmetic companies, aftershave companies do you have? I know Lafarge Cement operates in Ogun, which is a French company, along with numerous Chinese companies. But what do you guys do, besides talk?

rdokoye:
You didn't write this:



You actually wrote was this:



and I responded to that statement with this:



So who's lying?

Innoson can be substantiated. So can the many products manufactured in Anambra. Zinox can be substantiated, so can Witchtech group. You can find a general list of some of the indigenous companies in and around Igboland here: https://www.nairaland.com/3926379/igbos-most-industrious-innovative-richest

You're argument that a Ekiti farmer can be better off than a computer engineer working at Zinox, or a mechanic working at Innoson group is preposterous. You can lie to yourself for the rest of your life - but it'll never make your lies true.

Below is the recent stats link
National Bureau of Statistics
Labor Force Statistics - Volume 2: Unemployment and Underemployment by State (Q3 2018)
https://nigerianstat.gov.ng/elibrary

Salewa97:
The bolded showed you don't even understand the meaning of PAYE.

PAYE is generated from people in the formal sector both public and private. The civil service in Lagos is taxed directly from their salaries and that is reflected in PAYE.

rdokoye:
This is an issue of understanding. Your inference is incorrect. Nigeria is relatively inefficient when it comes to taxation. Taxation in Anambra is less than 10%. I'm not so sure about Lagos, because the statistics are all over the place. But studies have shown that Lagos has the most efficient taxation system in the country. However, monies generated from multinationals, under corporate tax and PAYE, is where most of the states IGR comes from. This is also the case in Ogun State, which is an adjacent state. As many multinationals have opted to set up industries there, as opposed to Lagos island, due to cost and convenience. https://www.ft.com/content/9d563472-c727-11e8-86e6-19f5b7134d1c

I don't believe every single person without an education is poor, but the vast majority, yes. You'd be hard pressed to find a person well-off, who can't read or write.

That said, you're not making any argument. You're simply reacting. We weren't discussing weather or not every single illiterate was poor. We were, or rather, I was discussing the correlation between education and poverty. How can the most educated people be amongst the poorest. This defies what the entire world knows and understands about poverty.

South-East governors have a vested interest in keeping tax low, because unlike in other parts of Nigeria. Igboland actually has a private sector.

Less than 10% of Anambra people pay tax: https://www.premiumtimesng.com/regional/ssouth-east/356057-only-300000-people-pay-taxes-in-anambra-commissioner.html

Obiano freezes all tax, to cushion the effects of the recession on SMEs in the state: https://nairametrics.com/2016/09/21/anambra-state-eases-tax-burden-on-grassroot-citizens/

Igbo people are the most educated, that's why you'll find, in Igboland, indigenous industries, manufacturing cars, plastics, foodstuff, computers, clothes etc... You won't find people in Sokoto manufacturing cars; simply because the populace lacks the knowhow.

rdokoye:
What point are you trying to make with that illustration. Doesn't PAYE come under multinationals? Are not individuals who work for Microsoft, Google, McDonalds, Nestlé, Lafarge Cement, MTN, Airtel, IBM etc, part of the formal sector? Most of the money generated in Lagos, comes from multinationals, and you've presented the evidence to prove it.

I never said without education people cannot generate wealth. If that were the case, then human beings would have died out a long time ago. All economies start off as agrarian, because education is not required to work on a farm. Farm work is menial, requiring mainly physical labour. However, farmers, or farm workers tend to be LOW PAID. You're not going to find very many rich farm workers.

Contrast that with someone who works at one of Innoson's car plants, as a previously proffered. Who do you think would be better off?

You don't know any farmer that's well off. So stop lying.

IGR doesn't mean anything. The sustainability of the state is determined by its expenditure to income, but state development is determined by the private sector.

Doesn't PAYE come under multinationals? Are not individuals who work for Microsoft, Google, McDonalds, Nestlé, Lafarge Cement, MTN, Airtel, IBM etc, part of the formal sector? Most of the money generated in Lagos, comes from multinationals, and you've presented the evidence to prove it

I never said without education people cannot generate wealth.

Education is a choice? What does that mean? Education is the key to poverty alleviation -

rdokoye:
PAYE revenue is primarily from multinationals, based on the evidence that only a small fraction (3%) of people within the state are actually paying tax.

Education is a choice? What does that mean? Education is the key to poverty alleviation - that's not my opinion. Statistics all over the world, show that educated people, make more money than uneducated people. People with graduate degrees, make more money than people without graduate degrees. People with Postgraduate degrees, make more money than people with graduate degrees. These are known facts.

Are you really going to compare a farmer to Innoson? A man who owns and runs a conglomeration of companies and employs thousands of Anamabraians? Who do you think is better off, the Ekiti farmer, or the mechanic working in one of Innoson's car plants? There's a reason migration patterns are from the rural to urban communities, and not the other way round.


https://www.globalcitizen.org/en/content/poverty-education-satistics-facts/


https://www.concernusa.org/story/how-education-affects-poverty/


http://www.xinhuanet.com/english/2020-06/01/c_139104491.htm

[/b]Below is how Lagos get her revenue:
PAYE (45%):
Pay As You Earn (PAYE) is a form of personal income tax that refers to tax deducted directly from the wages and salaries of employees operating in the formal sector.

Other Taxes (19.27%):
These include various taxe such as levies on market traders, land registration and other landrelated fees, as well as development levies on individuals, pool betting/lottery/gaming fees and stamp duties on individuals.

Direct Assessment (2.39%):
Direct assessment relates to those taxes imposed on businesses, especially (informal) by the State authorities, based on the size of their activities.

Road Tax (2.48%):
Road taxes are daily levies paid by commercial transporters operating within Lagos.



Source: https://yourbudgit.com/wp-content/uploads/2018/05/LAGOS-STATE-DATA-BOOK.pdf