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How South East Lost Out In $93b Foreign Investments - Politics (5) - Nairaland

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Re: How South East Lost Out In $93b Foreign Investments by totit: 5:50pm On Aug 12, 2020
rdokoye:


Anambra Attracts $4 Billion Investments in Two Years



That was in 2015 to 2016.

Lool

Anambra gov says grin

3 Likes 1 Share

Re: How South East Lost Out In $93b Foreign Investments by horsepower102: 5:50pm On Aug 12, 2020
For those interested, this is my response to this sensationalist thread


https://www.nairaland.com/6049942/what-igbos-need-need-understand
Re: How South East Lost Out In $93b Foreign Investments by Angelfrost(m): 5:50pm On Aug 12, 2020
maestroferddi:
How will you know what is happening elsewhere when your world begins with Ogbomosho and ends at Agege?

Go to Onitsha, Owerri and Abakaliki and see industrialization springing up like kilode despite the satanic marginalization of the region...

No right-thinking Igboman takes lazy Nigerian journalism seriously.

I have visited those places sir... Apart from Onitsha, what industrialization are you talking about with regards to Owerri??! Abakaliki to a little degree, still not much to brag about!!!

Please, name one major industry in Imo state, especially Owerri!!! I hope you won't mention Shoprite!!!

2 Likes

Re: How South East Lost Out In $93b Foreign Investments by PROUDIGBO(m): 5:50pm On Aug 12, 2020
Chimookigwe:


Better go and look for how Igboland would develop and stop crying about. When other places are developed and your own place is a muddy, barren wasteland, what would you tell your children?

See this fool trying to give advice to a people better than him and his entire lineage! Ndigbo might just as well take advice from a deranged lunatic!

You lot have this sad obsession of comparing yourselves economically with Ndigbo, and once you feel ‘one Nigeria’ and its lopsided political-economy has yet again given you a edge over the ‘okoros’, you can go to bed and sleep soundly...safe in the knowledge that all is well, and your ethnicity is making the necessary socio-economic advances expected of it!

You need redemption mate, and it will start from you having the balls to identify with your true ethnicity instead of being a two-faced and shameless impostor!

‘One Nigeria’ is covering up a lot of inadequacies in this country! Imagine using its political-economy (that’s disproportionately favoured you from 1970 to date) to grab advantages for yourself over and above that available to Ndigbo, and then not having the shame to compare yourself with them....a region/group that’s that’s been brought into this ‘competition’ with one arm tied behind its back, while you have the freedom to use both arms!

If you had any sense of fair-play, you’d hang your head in shame!

1 Like

Re: How South East Lost Out In $93b Foreign Investments by nku5: 5:51pm On Aug 12, 2020
How can investors be attracted to the South East when you deliberately fail to build Federal Government infrastructure in the South East for four decades. Its not rocket science.

1 Like

Re: How South East Lost Out In $93b Foreign Investments by rdokoye: 5:51pm On Aug 12, 2020
okpukpu:
How can South East perform well in FDI when federal government itself is so harsh to the region. Theres nothing that brings other Nigerian to the east. The only federal presence in the east is Prison. Still on still, i blame our leaders.

FDI stands for Foreign Direct Investment. The study is a measurement of foreign investments, not investments by Nigerians. There are tons of infrastructure projects going up in Igboland. Housing projects, new cities, factories, supermarkets, plazas, these things are not counted as FDI, because 99% of them are owned by Igbo people.

1 Like

Re: How South East Lost Out In $93b Foreign Investments by totit: 5:51pm On Aug 12, 2020
horsepower102:
For those interested, this is my response to this sensationalist thread


https://www.nairaland.com/6049942/what-igbos-need-need-understand

You are highly deluded to start with. I saw the thread and nothing there to right home about but oral and the usual damage control lamentation.

Funny tho cheesy

2 Likes

Re: How South East Lost Out In $93b Foreign Investments by rdokoye: 5:57pm On Aug 12, 2020
totit:


I guess you didn't understand the words ' local investor ' lool grin


You may as well check the real estate built by Oyedepo....its almost the size of the whole abakaliki grin

Stop being obtuse. I said, investments in Yorubaland (OUTSIDE LAGOS). That project isn't anywhere near the size of abakaliki, it's less than 100 homes.

Enugu Lifestyle & Golf City is about 7 times larger, and it's one local investment in Enugu: https://www.enugulifestyleandgolfcity.com/

1 Like

Re: How South East Lost Out In $93b Foreign Investments by sirp9898(m): 6:01pm On Aug 12, 2020
All this yoloba audio statistics
they all have all this fdi yet their cities and town is too local and poverty is living with them
the only place they are boast of is lagos we all build with our resourses the day we all go our seprate ways that is the day their eyes will open that they have been deciving their selves
Re: How South East Lost Out In $93b Foreign Investments by Nobody: 6:01pm On Aug 12, 2020
testing
Re: How South East Lost Out In $93b Foreign Investments by Maduawuchukwu(m): 6:02pm On Aug 12, 2020
Omoluabi16:

Lagos is COMMERCIAL CAPITAL.. yet has no 'enabling environment'
Lagos attract investment because of her status ......And ogun state is a beneficiary because of close proximity



You ended up saying nothing but contradicting yourself.

Enabling environment in this context means policies of the state government and not Natural or even Federal advantages.
Re: How South East Lost Out In $93b Foreign Investments by BabaRamota1980: 6:05pm On Aug 12, 2020
OP, I read the article. We cannot afford to put Nigeria in hands of a South Eaterner to rule. They have not shown good example on leadership in their own homeland. Charity does not start from outside. We are not comfortable to repeat what poverty, decay and inefficiency is in SE at national level. Give this country to a Yorubaman. We want the progress in SW to rub off on Nigerians and people of all ethnic groups in Nigeria can enjoy security and economic progress.

4 Likes 1 Share

Re: How South East Lost Out In $93b Foreign Investments by BabaRamota1980: 6:06pm On Aug 12, 2020
rdokoye:


Stop being obtuse. I said, investments in Yorubaland (OUTSIDE LAGOS). That project isn't anywhere near the size of abakaliki, it's less than 100 homes.

Enugu Lifestyle & Golf City is about 7 times larger, and it's one local investment in Enugu: https://www.enugulifestyleandgolfcity.com/

Lagos is Yorubaland. You cannot separate it.

5 Likes 1 Share

Re: How South East Lost Out In $93b Foreign Investments by Coldie(m): 6:07pm On Aug 12, 2020
mmsen:


Are the eastern leaders any different from the eastern youth?
I no go lie I tire for both of them.

But the Eastern leaders carry a huge bulk of the blames.

It wasnnt the youth that killed Aba market, it wasn't the youths that stole all the moneys meant for infrastructures.

The youths bear the blames cause a huge percentage of people in power have no business there but they support them.

I wonder why u would vote in someone cause he has money and comes home with police convoy

1 Like 1 Share

Re: How South East Lost Out In $93b Foreign Investments by totit: 6:10pm On Aug 12, 2020
rdokoye:


Stop being obtuse. I said, investments in Yorubaland (OUTSIDE LAGOS). That project isn't anywhere near the size of abakaliki, it's less than 100 homes.

Enugu Lifestyle & Golf City is about 7 times larger, and it's one local investment in Enugu: https://www.enugulifestyleandgolfcity.com/

At the bolded ;

https://www.nairaland.com/4951485/pics-bishop-oyedepo-canaancity-massive#74622432

Now what's the size of ebonyi? Now, show us, the km of land the so called mega estate covers in enugu. grin

3 Likes

Re: How South East Lost Out In $93b Foreign Investments by bizzibodi(m): 6:11pm On Aug 12, 2020
TheSparrow:
There are several businesses you can start and run profitably in Nigeria. Below are four that readily comes to mind:

1. Rice Milling: One of the best businesses one can venture into in Nigeria today is parboiled rice production (Rice Milling).

Nigerians currently consume over 5 million metric tons, which is equivalent to over 100 million 50Kg bags of rice annually. With the current population growth rate of Nigeria, the consumption of rice is estimated to reach about 35 million metric tons (700 million 50Kg bags) by the year 2050.

There is high demand for rice in Nigeria. With a population of over 180 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large and growing market for rice.

As it stands, the current producers of good quality rice in the country cannot even meet up to 50% of the current demand. This is the reason why the market is flooded with poorly produced and low quality rice.

New entrants into the rice milling industry that can produce good quality parboiled rice will have an evergreen market waiting to be sold to.

2. Drinking Water Production: Another good business that does very well in Nigeria is drinking water production (Bottled water and Sachet Water).


The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically produced and well packaged food products like bottled water.

The market for packaged water is high and cut across all parts of the country. With a population of over one hundred and eighty million (180,000,000) people, and an estimated national population growth is 5.7% per annum, Nigeria has a large and sustainable market for packaged water.

3. Poultry Farming: Poultry farming is yet another business that gives good returns on investment.


Poultry farming has risen to become one of the most lucrative businesses in Nigeria today. This aspect of livestock farming, if set-up and managed properly, provides legitimate continuous income for entrepreneurs within a short period of time. There are over 160 million consumers in Nigeria and over one billion in Africa. This provides a large, growing and sustainable market for poultry farmers in Nigeria, and Africa in general.

4. Pounded Yam Flour Production: Pounded yam flour is another product that you can chose the invest in its production.


Pounded yam is a popular delicacy produced from boiled yam tubers, and is consumed by many people across Africa. However, a lot of people, especially the middle class find it difficult to prepare pounded yam the traditional way which involves boiling yam, pounding it in a mortar using a piston, until it becomes a succulent dough.

The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically processed, easy to prepare and well packaged food products like yam flour.

You can read more about these businesses via the links below:

1. Rice Milling Business In Nigeria


2. Bottled Water Production In Nigeria

3. Starting A Poultry Farming Business In Nigeria

4. Pounded Yam flour production in nigeria


Wishing you all the best in your quest.

I can only vouch for drinking water production and Rice production,U can make it in rice if your rice is cheaper & good.
For poultry there is a thin line between success & failure,too much stress, anxiety & uncertainty.no long term sustainability.

1 Like

Re: How South East Lost Out In $93b Foreign Investments by Nobody: 6:12pm On Aug 12, 2020
Hauptmann:



What a nonentity

Better go and do your assignment and stop being an ignorant loudmouth

Oga you get bad mouth ooo grin
Re: How South East Lost Out In $93b Foreign Investments by emperor863(m): 6:14pm On Aug 12, 2020
omazus:
This is eye opening. It is a pointer to the type of politics we play in SE, that is, the type of leaders we elect. SE believes so much that they can do everything for themselves and pay little attention to what can be gained from others. Unfortunately lazy leaders like this approach. It gives them opportunity to steal and live the people wallow in their self conceived omnipotence.

Well said. You could have advised your compatriots to always take their failed governors to account instead of being interlopers, castings performing governors in other people's zone, especially the south west that has accommodated them since their civil war defeat.

It is only then that your governors and your elites would stop stealing your present and future. One them recently got a temporary legal reprieve after being jailed for corruption (on purely technical grounds)and the response of your people showed the type of leaders they want.

A word is enough for the wise.

1 Like 1 Share

Re: How South East Lost Out In $93b Foreign Investments by Nobody: 6:20pm On Aug 12, 2020
Assssh oooh aaaah harder!!!
Re: How South East Lost Out In $93b Foreign Investments by MarrisManah(m): 6:22pm On Aug 12, 2020
In as much as the regional governors over the years are more than guilty, this, is also a case for concern.

“Besides, fiscal policy of government makes manufacturing in the zone noncompetitive. Imports of a number of manufacturing inputs is restricted to Lagos, where there is an import inspection facility, making plants outside the Lagos area doubly noncompetitive against foreign and domestic producers. This explains why a number of manufacturers from the Southeast zone have large investments in pharmaceuticals, electrical goods and food manufacturing in the Lagos area, while their zone is deprived.”

2 Likes

Re: How South East Lost Out In $93b Foreign Investments by rdokoye: 6:22pm On Aug 12, 2020
BabaRamota1980:


Lagos is Yorubaland. You cannot separate it.

I know it's Yorubaland, that's why I said OUTSIDE LAGOS. Another obtuse individual.

Using Lagos, defeats the entire purpose of my argument. The vast majority of Yoruba people, live in those other 5 Yoruba states. That's what I'm trying to draw attention to. There's no infrastructure projects going on in Osogbo, for example.
Re: How South East Lost Out In $93b Foreign Investments by plaindealer: 6:27pm On Aug 12, 2020
Maduawuchukwu:
From this article, even the North west attracted lesser investments than the Soutj East. Most of the investments coming into Nigeria ends up in the Lagos/Ogun axis. This is because of the Status of Lagos as Nigera's commercial capital and not as a result of any enabling environment put in place by the state governments. Lagos does not have an enabling environment for business. Look at how the LASG destroyed Gokada's business and is on track to hamper the operations of Uber and Bolt. Did the actions of the state Governement reflect one that consciously puts in place good government policies? Do all the harassment from touts and endless gridlocks reflect a government that is serious about promoting investments? Lagos attracts investment because of their status and not because of any State government policy. Ogun state is merely a beneficiary of proximity to Lagos.



The concern shared in the writeup remains about the lack of investments in the SE and the factors responsible for the lack of investment, but instead of addressing the concerns and the future and generational implications, you prefer to attack and belittle Lagos state.

Lagos state and the SW remains the main recipients of the major chunk of FDI entering Nigeria regardless of your made up and negative hogwash about the investment climate in Lagos state.

How's your irrelevant and negative tirade about Lagos state going to reverse the poor and the devastating lack of investment in your region? How?

You and your kind are supposed to be that region's leaders of tomorrow that the SE is in dire need of to change and reverse the negative trend, but, sadly, you are not ready and matured enough to lead anything because you are still obsessed and preoccupied with pedestrian worries about other people instead of your own issues, your own concerns and bleak future right under your own nose.

Keep attacking and lamenting over Lagos state, but when you wake up tomorrow, the numbers are still going to be the same, Lagos state and the SW are still going to be the main recipients of nearly all the FDI entering Nigeria.

I honestly think the major disadvantage facing the SE are societal and culturally poisoned, tribalistic, hateful and bigoted youths.

6 Likes

Re: How South East Lost Out In $93b Foreign Investments by Jman24(m): 6:29pm On Aug 12, 2020
emperor863:


Well said. You could have advised your compatriots to always take their failed governors to account instead of being interlopers, castings performing governors in other people's zone, especially the south west that has accommodated them since their civil war defeat.

It is only then that your governors and your elites would stop stealing your present and future. One them recently got a temporary legal reprieve after being jailed for corruption (on purely technical grounds)and the response of your people showed the type of leaders they want.

A word is enough for the wise.




Restructure the country first before you start this your disproportionate analysis. This topic of discuss has nothing to do with the governors who receive monthly allocation from Abuja.

(each region should have their own international airport.. in that way..I don't need to travel to Lagos to get a visa.) Let's start from here first

1 Like

Re: How South East Lost Out In $93b Foreign Investments by rdokoye: 6:29pm On Aug 12, 2020
totit:


At the bolded ;

https://www.nairaland.com/4951485/pics-bishop-oyedepo-canaancity-massive#74622432

Now what's the size of ebonyi? Now, show us, the km of land the so called mega estate covers in enugu. grin

Church city...lmao; from one of those pastors. Typical. There's no information on the project, website is down. So...can't confirm anything.
Re: How South East Lost Out In $93b Foreign Investments by totit: 6:32pm On Aug 12, 2020
rdokoye:


Church city...lmao; from one of those pastors. Typical. There's no information on the project, website is down. So...can't confirm anything.

grin

https://naijashowbiz.com/2019/03/26/bishop-oyedepo-unveils-multi-billion-mega-housing-project-photos/

cool

Re: How South East Lost Out In $93b Foreign Investments by Sachiopropty(m): 6:33pm On Aug 12, 2020
Maduawuchukwu:
From this article, even the North west attracted lesser investments than the Soutj East. Most of the investments coming into Nigeria ends up in the Lagos/Ogun axis. This is because of the Status of Lagos as Nigera's commercial capital and not as a result of any enabling environment put in place by the state governments. Lagos does not have an enabling environment for business. Look at how the LASG destroyed Gokada's business and is on track to hamper the operations of Uber and Bolt. Did the actions of the state Governement reflect one that consciously puts in place good government policies? Do all the harassment from touts and endless gridlocks reflect a government that is serious about promoting investments? Lagos attracts investment because of their status and not because of any State government policy. Ogun state is merely a beneficiary of proximity to Lagos.

Yes
Re: How South East Lost Out In $93b Foreign Investments by Nobody: 6:41pm On Aug 12, 2020
omazus:
This is eye opening. It is a pointer to the type of politics we play in SE, that is, the type of leaders we elect. SE believes so much that they can do everything for themselves and pay little attention to what can be gained from others. Unfortunately lazy leaders like this approach. It gives them opportunity to steal and live the people wallow in their self conceived omnipotence.

Exactly
Re: How South East Lost Out In $93b Foreign Investments by chibede: 6:43pm On Aug 12, 2020
with the funds from gala sales they buy your land and pay owo chairman
Chimookigwe:
Looking at the comments on this thread, I see why the South East has nothing to show.

25% of Igbos are blaming others, 20% are living in denial, 5% are sensible enough to shut up and the remaining 50% are busy hawking gala at Ojuelegba. They would be back in the evening to insult "Tilumbu".

1 Like

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