MCMLXXVI:

This post is still very relevant today because it is nothing but the truth. Nice one!

geeez:


Like seriously?

So you mean Lagos gets more from the FG than any other state? Snap off it men!

The GDP of an entity is a function of the total commercial activities within that entity within a period under consideration. Get schooled

akwabassey:
These scratch faced people will not stop amazing me. It's very clear now that without our oyel these mofos will not survive. No wonder they fought with the last drop of there blood to stop the igbos from leaving. But now my region will join hands with the igbos this time.

lawani:
GDP is gross domestic product. Margin on production is highest while trading has very low profit margins. Both are economic activities. If GDP is properly calculated, Osun's will be much higher compared to states in the South east. Among products known worldwide that are produced in Osun state are cocoa, kolanuts, coffee and etc. A country like Ethiopia relies on coffee for most of their foreign exchange. What product from Enugu is as competitive as coffee or cocoa in the international market for instance? The SW has net immigration because of the better economy. Traders like the place because the people have the money to buy things. Places like Aba and Onitsha are trading towns where people from all over go to buy, so there will be high cash mobilization but it does not mean they have higher GDPs than where production is happening.

kettykings:

If they have people with the money to buy things then why are they still having problems with salary and igr.

Chigold101:
are you saying that commercial activities in Osun state is higher than that of Anambra state which his monthly IGR stands at about 1.3billion.

The Osun state that cant pay salaries while Anambra increased salaries...

Funny how figures are being generated in Nigeria.

Macelliot:

Don't mind them..
I wonder how they came about this statistic....
Osun has no commercial city...
Anambra has 2 commercial cities (Onitsha and Nnewi)..
Anambra is more populated than Osun...

lawani:

Depends on what you want to buy. Tokunbo cars are cheaper in Ilesa Osun state for instance being closer to Benin republic and people go there to buy from the East. The markets in Onitsha are international markets just like Alaba, serving West Africa for some goods not only indigenes. This is because of cartels formed by traders. However, the edge of Osun is not trading but Agro allied economic activities.

STUPENDOUS8888:
I didn't know the SE was so poor!

You guys always talk so big on NL, so I thought you had it better. No offense!

Macelliot:

Nnewi is the home to the ONLY Nigerian Vehicle producing company...
All the whole New spare parts(Motorcycle, bicycles, Vehicles e.t.c) in Nigeria at large are being produced and Manufactured in Nnewi...
Onitsha is a trading Hub, while Nnewi is home to manufactured Auto-mobile products....

Italiano1:


Do not waste your time responding to people that are insolently and resolutely stubborn - they are incapable of facing the facts even if you slap it on their face. Some people no get shame for their body

How can you expect someone who does not have a rudimentary understanding of what a spreadsheet means to assimilate and comprehend a financial analysis of the most investor friendly states in Nigeria? Reference it from the World Bank, IMF, ADB or the UNDP- they will not accept unless it is written by Orji Kalue or Massob.

@ Topic

This is a timely reminder to Nigerians as to which states are the top performing ones and also a vivid indication of things to come.

lawani:

[s][/s][s]
Innoson is not the only car assembling company in Nigeria but it is the first indigenously owned one. You would expect a spare parts dealer to come up with a company like Innoson. We still have a long way to go as most of the car parts are imported. A real made in Nigeria car should be less than 500 thousand naira because everything will be cheap from labour to steel and other materials. India produces such cars.

Maybe Anambra is more industrialized but that does not mean she has higher GDP as Osun has more overall eco[s][/s]nomic activities probably due to cash crops. There are many companies in Osun too of which International Brewries Plc, a blue chip company is number one. You can't compare Innoson to IBL Plc which is the number 3 breweries in Nigeria by activities on the NSE.

lawani:


Innoson is not the only car assembling company in Nigeria but it is the first indigenously owned one. You would expect a spare parts dealer to come up with a company like Innoson. We still have a long way to go as most of the car parts are imported. A real made in Nigeria car should be less than 500 thousand naira because everything will be cheap from labour to steel and other materials. India produces such cars.

Maybe Anambra is more industrialized but that does not mean she has higher GDP as Osun has more overall economic activities probably due to cash crops. There are many companies in Osun too of which International Brewries Plc, a blue chip company is number one. You can't compare Innoson to IBL Plc which is the number 3 breweries in Nigeria by activities on the NSE.

Dude cant you read?

i just pasted you the whole report. read and digest it. it was done by Renaissance Capital a multinational company for potential investors

Read the whole report and stop making noise abeg

StBlack1:


Enugu developed than Oyo?...

Ur posts only just gets more & more illogical per second !

First, whats your opinion on Purshasing Power here ('cos im still dont see any point made in your post) ?.....
Tell me , betwn Nigeria & India, who has d most PPP (or isnt this your own purchasing power u meant)? ...BUT isnt d no of slums in India 50 times d no of slums in Nigeria?

Second, if Enugu was developed, why do u ibhoes run away from there to Oyo ?.....

Again, whats ur own parameter for development, as i can see u are gradually getting emotional through heart attacks 'cos of d giant strides of SW?


I served in Enugu @ d state ministry dude ! i know Ogui Road, Emene, Okpara Square, Independence Layout, even other pathetic LGs like Awgu, Nsukka,etc.
Enugu is nothing to write home about bro ! . I thank God i wasnt kidnapped at the pride of SE!

Jokes Apart, Living in Sokoto is FAR BETTER than staying there! ..Enugu is Hell to stay bro !

Macelliot:

Anambra govt. just increased their workers salaries by 15% whereas, Osun workers are yet to be paid...
Anambra can survive without FG allocation while Osun can't...

Most Companies, Factories, Industries e.t.c are private owned and not government sponsored, that's while FG doesn't usually direct their focus to the SE...

S-East can SURVIVE without FG...

lawani:


Osun IGR is 1.6 billion naira. Anambra is 1.1 billion naira. There is no state that can not survive without oil money. What they get per year is much less than 1 billion dollars. They can easily slice it off their GDP if they wanted. We will get there one day.

lawani:


Osun IGR is 1.6 billion naira. Anambra is 1.1 billion naira. There is no state that can not survive without oil money. What they get per year is much less than 1 billion dollars. They can easily slice it off their GDP if they wanted. We will get there one day.

chukwudi44:

Lol you people would never cease to amaze me. Even with present economic debacle in Osun, you still have the effrontery to bandy this mendacious and ridiculous IGR figures. Only a slowpoke would believe Osun state generates more IGR than Anambra one of the most economically viable states in Nigeria

Macelliot:

Gov. Chris Ngige left 11billion naira in the state treasure before Dr. Peter Obi took over as Governor in 2007...
After 8years in office, his tenure ended in 2014...
He(Obi) OFFICIALLY left 75billion in the state treasure before Wellie Obiano took over...

If Anambra IGR is truely 1.1billion naira, then How come?