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Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? - Politics (7) - Nairaland

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Buhari’s Plans For Niger Delta, Militants — Osinbajo / Now That Crude Is Gradually Becoming Worthless, What Is Next For SE Nigeria? / Senate To Suspend Two Senators Sworn In for Niger South (2) (3) (4)

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Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by TonyeBarcanista(m): 4:35pm On Dec 30, 2015
Smh
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by jstbeinhonest(m): 4:38pm On Dec 30, 2015
TheDevilIsALai:

Which metal processing firm is in Ogun?

Use google or vconnect,i know of WEMPCO.

1 Like 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by jstbeinhonest(m): 4:40pm On Dec 30, 2015
MrAnalyst:


Please mister. Don't make us laugh unnecessary. Ogun has little or no local industrialization hub unlike you see in Aba. Okay? Thank you.



Just go,Go and troll someone else,ok?

6 Likes 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by MrAnalyst: 4:42pm On Dec 30, 2015
jstbeinhonest:



Just go,Go and troll someone else,ok?
Hahahhaahah. Atleast you were polite.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by MrAnalyst: 4:45pm On Dec 30, 2015
You know,it's not easy for a reasonable person to see misinformation and not react. Please let's be honest in our submissions here.

1 Like

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by TheDevilIsALai: 4:45pm On Dec 30, 2015
kayfra:


You have Google for such information.

But even in terms of processing raw materials into finished goods and not just mere rebadging Chinese goods. Lafarge, British American Tobacco, Nestlé, Procter and Gamble, Assometals, May and Baker, Intercontinental distillers, etc etc. All these are huge multinationals. Again I'll refer you to a search engine.

But let me hint on a little secret why SE seems to attract huge industries. Well we've been organized as city states for centuries so the economic strength of our population centers are huge and massive. Which makes it a no brainer for any investment decision. Even stuff you produce in Aba will get traded in SW and you know the profit center is typically the difference between retail and wholesale.
Essentially what you "manufacture" in Aba only generates little income for SE since the margins will be made in the SW due to trading. So while some people manufacture stuff, the real money is in the service industry shortly followed by trading.
SW advantage of having huge educated population centers will always ensure its economy activities is higher than most areas. We attract investors and traders like flies to shit.

It's not accidental that Financial Times called Ibadan one of the next big african cities to watch. Just hope they get rid of that Adedibu mediocre legacy.

http://blogs.ft.com/beyond-brics/2012/03/14/africa-10-cities-to-watch/

Got that?

These are all packaging firms.

Does BAT depend on Nigeria for tobacco leaves?

Does nestle depend on the unstable cocoa supply in Nigeria or is peak milk made from Fulani cows ?

All these firms you mentioned are all packaging firms setup to reduce tariffs paid for importation.

They are in Ogun because of two reason:

1. To service the booming and diverse Lagos market. Population and diversity in Lagos serves as a testing ground for the greater Nigerian market as tastes varry with culture and traditions. A Hausa man will prefer sweetened milk but a Yoruba man in fear of jedijedi will not touch that stuff. Also spirits are guzzled with reckless abandon in the south and are absolutely haram in the boko north. Lagos is thus , a good testing ground to see if your product can be widely distributed across Nigeria .

2. Proximity to Lagos ports.

There is nothing unique that Ogun and Oyo offer .

As I said earlier these are foriegn companies investing in packing and redistribution of their products.

In Aba you have home grown industries manned and operated by the local business men.


And finally to remind you what we were clanouring about here is the establishment of local industrial base .

In this regard Ogun which is populated by foreign firms operating repackaging and distribution outlets does not in any way compare to what we have in Aba which is a booming local industrial base.

7 Likes 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by jstbeinhonest(m): 4:49pm On Dec 30, 2015
MrAnalyst:
You know,it's not easy for a reasonable person to see misinformation and not react. Please let's be honest in our submissions here.


Lagos and Ogun states are responsible for 60percent of Nigerias industrial output.

7 Likes 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by adconline(m): 4:50pm On Dec 30, 2015
TheDevilIsALai:


That is a repackaging hub.

An industrial hub is known for a specific output,

Detroit is the car industry's capital in the US.

Silicon Valley is know for software and computers.

California is known for shipping.

Louisiana for oil and gas.


Ogun is just a host for different consumer packaging firms.
So companies like Procter and Gamble, Nestle, Unilever, May and Baker, Fidsob, Nigerian Breweries, Towe Aluminium, Federatef Steel Mills, Nigeria German Chemical, Wempco steel mills, Dangote Cement Plant are packaging companies

7 Likes 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by kayfra: 4:51pm On Dec 30, 2015
TheDevilIsALai:


These are all packaging firms.

Does BAT depend on Nigeria for tobacco leaves?

Does nestle depend on the unstable cocoa supply in Nigeria or is peak milk made from Fulani cows ?

All these firms you mentioned are all packaging firms setup to reduce tariffs paid for importation.

They are in Ogun because of two reason:

1. To service the booming and diverse Lagos market. Population and diversity in Lagos serves as a testing ground for the greater Nigerian market as tastes. Lagos is this a good testing ground to see if your product can be widely distributed across Nigeria .

2. Proximity to Lagos ports.

There is nothing unique that Ogun and Oyo offer .

As I said earlier these are foriegn companies investing in packing and redistribution of their products.

In Aba you have home grown industries manned and operated by the local business men.

A lot of raw materials are locally sourced while the remaining are imported. Doesn't take brain surgery to understand that.

I spoke about our population centers so you are regurgitating or buttressing my point.

Lagos is in the SW, deal with it. Kano and Kaduna also have similar advantages with regional differences.

It's simple. Follow the money, nothing ethnic about that.

6 Likes 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by adconline(m): 4:56pm On Dec 30, 2015
TheDevilIsALai:


These are all packaging firms.

Does BAT depend on Nigeria for tobacco leaves?

Does nestle depend on the unstable cocoa supply in Nigeria or is peak milk made from Fulani cows ?

All these firms you mentioned are all packaging firms setup to reduce tariffs paid for importation.

They are in Ogun because of two reason:

1. To service the booming and diverse Lagos market. Population and diversity in Lagos serves as a testing ground for the greater Nigerian market as tastes varry with culture and traditions. A Hausa man will prefer sweetened milk but a Yoruba man in fear of jedijedi will not touch that stuff. Also spirits are guzzled with reckless abandon in the south and are absolutely haram in the boko north. Lagos is thus , a good testing ground to see if your product can be widely distributed across Nigeria .

2. Proximity to Lagos ports.

There is nothing unique that Ogun and Oyo offer .

As I said earlier these are foriegn companies investing in packing and redistribution of their products.

In Aba you have home grown industries manned and operated by the local business men.


And finally to remind you what we were clanouring about here is the establishment of local industrial base .

In this regard Ogun which is populated by foreign firms operating repackaging and distribution outlets does not in any way compare to what we have in Aba which is a booming local industrial base.
SMEs in Aba generate less IGR than big companies in Ogun state. I repeat Ogun has bad managers but blessed with a cluster of heavy manufacturing in Naija.

3 Likes

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by TheDevilIsALai: 4:57pm On Dec 30, 2015
jstbeinhonest:



Lagos and Ogun states are responsible for 60percent of Nigerias industrial output.

Consumables that are actually imported but repackaged in Oyo and Ogun to meet the market demand and cut cost on tariffs.


To put it in better perspective , Aerial detergent has different weight class for different pockets. You can get the 1 kg or the 25g .

Only in Nigeria will somebody buy a 25g detergent.

Those firms are nothing but repackaging and redistribution firms who setup shop in Ogun to improve their profit margins.

Kano with the several recycling plants can be considered more industrial than Ogun because at least the pots and spoons made in Kano are made from locally recycled aluminum cans.

So don't call Ogun a manufacturing hub. Ogun is merly a free trade zone in the guise of industrialization

5 Likes

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by TheDevilIsALai: 4:58pm On Dec 30, 2015
kayfra:


A lot of raw materials are locally sourced while the remaining are imported. Doesn't take brain surgery to understand that.

I spoke about our population centers so you are regurgitating or buttressing my point.

Lagos is in the SW, deal with it. Kano and Kaduna also have similar advantages with regional differences.

It's simple. Follow the money, nothing ethnic about that.

Which local input does Nestlé use in making powdered milk?

Pls name just one!
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Flyoruboy(m): 4:58pm On Dec 30, 2015
TheDevilIsALai:


And what is Ogun and Oyo known for?

Which specific industry is Ogun known for?


Pls name at least one specific industry Ogun is know for.

Aba is known for their clothing and shoe manufacturing.

Warri is known as an oil city and it has several hundred small dockyards and fabrication work yards owned and operated by local populace serving the oil industry.

Pls tell me what Ogun industrial base is known for.
I am waiting.

This always shut y'all up. cheesy

http://www.vanguardngr.com/2013/06/why-more-companies-are-moving-to-ogun/

Guy, didn't you get the memo? According to this Nnewi guy, Igbos have lost the plot in Commerce and Industry:

http://www.vanguardngr.com/2015/06/rivers-state-others-have-overtaken-s-east-in-commerce-industry/

Lol. Even Una hero Jonathan himself said it that the SW controls 55% of Nigeria's economy. cheesy

Excerpts:

“When Jimoh was talking about World Bank statistics of the poverty rate in regions in the country, he said South West has least in the country. In fact, Lagos and Ogun contributed almost 55 per cent of the economic activities.

http://nationalmirroronline.net/new/i-regret-emergence-of-tambuwal-as-speaker-jonathan/



And he wasn't lying when you consider the indices from Manufacturers Association of Nigeria's last report as follows:
The SW virtually controls/accounts for atleast 70% of industrial activity in Nigeria.



http://businessdayonline.com/2015/02/ogun-ikeja-top-manufacturers-investment-destinations-in-2014/

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.


8 Likes 2 Shares

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by kayfra: 5:01pm On Dec 30, 2015
TheDevilIsALai:


Which local input does Nestlé use in making powdered milk?

Pls name just one!

You pick one product from a conglomerate. You must think I have time for sh.it.

4 Likes

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by TheDevilIsALai: 5:03pm On Dec 30, 2015
adconline:

SMEs in Aba generate less IGR than big companies in Ogun state. I repeat Ogun has bad managers but blessed with a cluster of heavy manufacturing in Naija.

To remind you what we are discussing here: we are discussing the promotion of local industries and NOT foroegn multi national repackaging firms operating in what is at best a free trade zone .

We are looking at what drives the local manufacturers in Aba and why we don't see that anywhere else.

If you agree that Nigeria must diversify it's economy and move towards less dependence on imports we ought to encourage SMEs as they are the ones that are most likely to succeed and grow in the long run.

What Oyo and Ogun get from their "free trade zones" is nothing but excersice duties .



Try and understand my drift. I am not Ibo but Delta and I don't hate Yorubas that much just the YAMS.

6 Likes

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by adconline(m): 5:03pm On Dec 30, 2015
Hate how this debate turned to a tribal tirade.. This should be about post oil outlook and economic viability of Naija states..

1 Like

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by kayfra: 5:05pm On Dec 30, 2015
adconline:
Hate how this debate turned to a tribal tirade.. This should be about post oil outlook and economic viability of Naija states..

You know who made it a tribal affair.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by TheDevilIsALai: 5:05pm On Dec 30, 2015
kayfra:


You pick one product from a conglomerate. You must think I have time for sh.it.

E nefer reach like that now.

Ok . Since you know so much about Ogun's "free trade zone " can you pick just any product that is churned out from any of these firms operating in Ogun and show us which depends to a large extent on raw material inputs?

It can not be deemed production when you are simply repackaging.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by OfoIgbo: 5:06pm On Dec 30, 2015
You seem not to be very intelligent. What ethnic group are you from?

Please check the link below. It was in 2003 so maybe it has even increased. I don't know.

http://www.gasandoil.com/news/discoveries/d89bc98903f0500bdba5eca6bd2b8b9b

omonnakoda:
How much akpu did you eat today? You just wake up and start Allocating reserves? You are a lunatic
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Flyoruboy(m): 5:07pm On Dec 30, 2015
TheDevilIsALai:


E nefer reach like that now.

Ok . Since you know so much about Ogun's "free trade zone " can you pick just any product that is churned out from any of these firms operating in Ogun and show us which depends to a large extent on raw material inputs?

It can not be deemed production when you are simply repackaging.


Guy are you avoiding me? grin Give us data that prove your assertions about your dead region instead of running your mouth. Your region contributes the LEAST to the Nigerian commonwealth. #FACT. If you dispute that, show us facts and figures that prove otherwise else STFU. undecided

4 Likes 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by TheDevilIsALai: 5:07pm On Dec 30, 2015
Flyoruboy:


This always shut y'all up. cheesy

http://www.vanguardngr.com/2013/06/why-more-companies-are-moving-to-ogun/

Guy, didn't you get the memo? According to this Nnewi guy, Igbos have lost the plot in Commerce and Industry:

http://www.vanguardngr.com/2015/06/rivers-state-others-have-overtaken-s-east-in-commerce-industry/

Lol. Even Una hero Jonathan himself said it that the SW controls 55% of Nigeria's economy. cheesy

Excerpts:




And he wasn't lying when you consider the indices from Manufacturers Association of Nigeria's last report as follows:
The SW virtually controls/accounts for atleast 70% of industrial activity in Nigeria.



Ohh look it is this same dunce who said Nigeria earned $20bn from cocoa exports in 2014.

Flyoruba you are back with your blatant lies.

The trashing I gave you in that trade never do you Abi?

1 Like

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by TheDevilIsALai: 5:09pm On Dec 30, 2015
Flyoruboy:


Guy are you avoiding me? grin Give us data that prove your assertions about your dead region instead of running your mouth. Your region contributes the LEAST to the Nigerian commonwealth. #FACT. If you dispute that, show us facts and figures that prove otherwise else STFU. undecided

You wey no sabi lie.

Where is the $20bn you claimed the SW earned from cocoa exports in 2014?

Keep decieving yourself.


This thread is not about your silly propaganda

1 Like

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by hinohsend: 5:12pm On Dec 30, 2015
MrAnalyst:

Hahahhaahah. Atleast you were polite.


By calling you a troll he was not being polite,the joke is on you.

3 Likes 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Flyoruboy(m): 5:13pm On Dec 30, 2015
TheDevilIsALai:


You wey no sabi lie.

Where is the $20bn you claimed the SW earned from cocoa exports in 2014?

Keep decieving yourself.


This thread is not about your silly propaganda

Look here punk. That the FG earns solid Foreign EXchange from Cocoa in the SW is not in doubt, you can choose to debate how many billions of dollars that's worth, na your shingba be dat. cheesy But everybody knows that we in the SW contribute the most to the Nigerian commonwealth right after/next to the Niger Delta/Oil. Pray tell what your people contribute? cheesy Either you do that or just shut the fvck up. For REAL!

4 Likes 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by whatit: 5:13pm On Dec 30, 2015
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by adconline(m): 5:13pm On Dec 30, 2015
TheDevilIsALai:


To remind you what we are discussing here: we are discussing the promotion of local industries and NOT foroegn multi national repackaging firms operating in what is at best a free trade zone .

We are looking at what drives the local manufacturers in Aba and why we don't see that anywhere else.

If you agree that Nigeria must diversify it's economy and move towards less dependence on imports we ought to encourage SMEs as they are the ones that are most likely to succeed and grow in the long run.

What Oyo and Ogun get from their "free trade zones" is nothing but excersice duties .



Try and understand my drift. I am not Ibo but Delta and I don't hate Yorubas that much just the YAMS.
Sir, Apple is the most capitalized company in the world, but manufactures its product in China and Hong Kong.. These companies in Ogun contribute in terms of GDP, labor, IGR and industrial output to the state and nay Naija. Aba is trying but these are smal scale production.. In Onitsha, SAB Miller built its factory at $ 100m while PG built a plant in Ogun at $300m. So it would take about 300 rich biz folks to build such in Aba, assuming $1m can build an SME.

5 Likes

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by sweatlana: 5:14pm On Dec 30, 2015
Session!
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by TheDevilIsALai: 5:14pm On Dec 30, 2015
kayfra:


You pick one product from a conglomerate. You must think I have time for sh.it.

Oga I still dey wait.

Name just one product "produced" in Ogun that has more locally inputs in production.

I am still waiting.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Flyoruboy(m): 5:15pm On Dec 30, 2015
adconline:

Sir, Apple is one the most capitalized company in the world, but manufactures its product in China and Hong Kong.. These companies in Ogun contribute in terms of GDP, labor, IGR and industrial output to the state and nay Naija. Aba is trying but these are smal scale production.. In Onitsha, SAB Miller built its factory at $ 100m while PG built a plant in Ogun at $300m. So it would take about 300 rich biz folks to build such in Aba, assuming $1m can build an SME.

Lol. Are you minding that goat? Na only Breweries them get as 'industries' in the entire SE. Ogun state has the LARGEST DEPOSIT OF LIMESTONE (USED FOR CEMENT) in the entire country and arguably the African continent, and hosts the biggest Cement Factories as well. SE folks love getting drunk a lot -- which reflects in the rubbish they are yarning here -- hence the preponderance of Breweries all over that region grin grin grin

5 Likes 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by nduchucks: 5:15pm On Dec 30, 2015
The good news for this great country is that we are diversifying and becoming less dependent on oil.

As some would have us believe, the news does not spell doom for the Niger Delta region. It will simply speed up the process of turning the entire area into the Norway of Africa, where the area supplies both fresh and frozen fish to the entire African continent not to talk of other parts of the world. I can envision a very healthy fishery and aquaculture industry developing at lightning speed in the area.

I can also see the groundnut, cocoa, textiles,and palm oil products playing a major role in this new era. We are richly blessed with agricultural and mineral resources which would keep us rich and healthy for decades to come.

Don't be fooled by self hating naysayers. the future of this great country is very bright. cool

4 Likes 1 Share

Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by urbanmonk: 5:18pm On Dec 30, 2015
Niger delta and fair weather acquaintance. They are now all decamping to APC from rivers to cross river. With Iran about to add to the over bloated oil supply, what is about to hit Nigeria is more than apc.
Re: Now That Crude Is Gradually Becoming Worthless, What Next For Niger Delta? by Nobody: 5:18pm On Dec 30, 2015
Bryan37:
It's no news that only 13% of 2016 budget will be funded by the SALE of Crude

Which means that Nigeria is gradually diversifying its economy away from the Oil sector which is expected to even "nose down more". By d time Iran starts pumping their Oil into the international Market, also with d demand for cleaner energy rising day by day and d Cost becoming cheaper and cheaper, I can tell u that in d Next 20 yrs a bucket of Clean water may worth more than a bucket of toxic crude.


What will become of ND a report that has been raped by the Nigeria Government for the past 10 decade

I keep wondering if d OIL was a gift or a curse to this region which made them so Lazy, Corrupt and underdeveloped. Infact d most popular Slogan in d Niger Delta is " our oyel".

The only time ND man is considered in the scheme of things in Nigeria is compensation because of their Oil. Eg emergence of Goodluck Jonathan etc,

Now that the value is gradually diminishing and d reseRve trying, you wonder if this region has done enough or if they are prepared for the storm coming their way.

I must confess, am happy we re moving away from Oil and you are happy too but what will become of our brothers who only relevant is dependent on CRUDE


If the north didn't die, they won't die!

1 Like

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