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Nairaland Forum / Nairaland / General / Politics / Why/How South South Is The Economic Backbone Of Nigeria (2039 Views)
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Why/How South South Is The Economic Backbone Of Nigeria by Oghene1st: 11:53am On Jan 30, 2022 |
In that 1.8m barrel daily, 1.4m is from the South South. That is 1.4m multiply by $90 which equals $126m, over N60b is the revenue generated by Nigeria from South south oil daily. Then one idiot Yoruba boy abi Yorubas will come to say South West is the economic backbone of Nigeria. South South is the one feeding all you hungry zones. THE price of Nigeria’s Bonny Light, yesterday, surged further to $91.38 per barrel, from $90.31, recorded the previous day, indicating an excess of $29.38 against the $62 per barrel benchmark of the nation’s 2022 budget. The leap in price was attributed to a combination of factors, including the declining oil inventory, due mainly to rising demand driven by the reopening of businesses after many months of Coronavirus lockdown. Consequently, Nigeria, which budgeted to produce 1.8 million barrels daily and between 300,000 – 400,000 barrels of Condensate, which also attracts high premium like Bonny Light, expects to generate much revenue into its Excess Crude Account, ECA, a special account established to hold oil revenues in excess of the budgeted benchmark. Meanwhile, there were fears that the rising crude price could push petrol subsidy to about $16 billion per day. https://www.vanguardngr.com/2022/01/rising-crude-price-pushes-petrol-subsidy-to-n16bn-per-day-2/ |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Nisiw365: 11:59am On Jan 30, 2022 |
Ogogoro drinking maiguard. You see why we always tell you illiterates to go to school so you can be enligtened. There is oil in lagos and ondo. besides south west leads in non oil generating revenue because i know your kaikai head believes nigeria makes money from oil only 7 Likes |
Re: Why/How South South Is The Economic Backbone Of Nigeria by greatiyk4u(m): 12:03pm On Jan 30, 2022 |
Lolz The oil was there from creation but your forefathers no know the importance of it until the white man came and start drilling it If they leave today, it will become useless again because of lack of technical knowledge, with this oil, why is south south still least developed? 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by greatiyk4u(m): 12:06pm On Jan 30, 2022 |
Nisiw365: Where exactly are the high non oil generated revenue used in any south west state? Very back ward region where in this century pregnant women in most LGs in Ogun are given 2k for attending anti natal else they resort to use of Agbo jedi due to high rate of poverty, 3 Likes 1 Share |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Oghene1st: 12:10pm On Jan 30, 2022 |
greatiyk4u: South South is least developed? Where are you hiding brother. If not for Lagos that is making the South South not to top South West in development, South West won't have the capabilities to go head to head with South South. The least developed in South is South East. The least developed in Nigeria is North East. 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Nisiw365: 12:14pm On Jan 30, 2022 |
greatiyk4u:there is cocoa for an example which nigeria is the third highest exporter in africa. There is issue of vat as well. Ogun state is still better than your worthless region because of lower poverty rate, higher igr and vat 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by BKayy: 12:15pm On Jan 30, 2022 |
Oghene1st:It is now obvious that your thread is for comedy. So hahahaha ![]() |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Oghene1st: 12:17pm On Jan 30, 2022 |
Nisiw365: Recent data has shown that South South topped the West in education. You are living on past glory. South South is educated and has enough professionals. We are heading NBA, ICAN, President of World Commonwealth Medical association, etc. How did we get there, as illiterates? |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Nisiw365: 12:17pm On Jan 30, 2022 |
Oghene1st:There is nothing like if not for lagos because lagos is part of south west and the indigenous people are yorubas. We didnt force anyone to invest in lagos. There are other places to invest like ph, abuja. 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by greatiyk4u(m): 12:20pm On Jan 30, 2022 |
Nisiw365: My question is simple Where is the impact of the very high igr in any south west state? 3 Likes |
Re: Why/How South South Is The Economic Backbone Of Nigeria by gidgiddy: 12:20pm On Jan 30, 2022 |
All the oil Nigeria has, has taken Nigeria no where. After 2030, just 7 years from now, Oil will be completely useless as most of the international community will ban petrol cars and all cars will be electric Oil just has roughly another 10 years before becoming worthless |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Nisiw365: 12:22pm On Jan 30, 2022 |
Oghene1st:see this illiterate. Which data? South west have been leading in education since the creation of nigeria. We have highest number of doctors, lawyers, engineers, iT Professionals, accountants and so on. The little education you have is because of awolowo free education policy decades ago. So stop drinking kaikai |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Oghene1st: 12:22pm On Jan 30, 2022 |
gidgiddy: Same bullshit talk. |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Brexxit(m): 12:22pm On Jan 30, 2022 |
Oghene1st:Bro I'm from south south but honestly speaking this thread is uncalled for. Every Nigerian knows south south is the backbone of this country,it's a fact no need debating it. During the days of ND militancy everyone saw how the whole nation was crippled down all because of bombing of oil facilities. Why waste precious time debating this? 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by greatiyk4u(m): 12:23pm On Jan 30, 2022 |
Oghene1st: He is right on high level of illiteracy in the so called south south, meanwhile, you should be of urhobo decent I guess, and from your write up here, you are a testimony of the accusation Next time, defend your tribe not political region of mixed tribes with nothing in common 3 Likes |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Bounceboune7: 12:25pm On Jan 30, 2022 |
greatiyk4u:what about igbo land where 500 naira is given to a woman who just delivered? What does d south east contribute to Nigeria? 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Nisiw365: 12:25pm On Jan 30, 2022 |
greatiyk4u:The impact is there for everyone to see like lowest poverty rate in nigeria, urbanization and so on unless you are blind to see 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Oghene1st: 12:30pm On Jan 30, 2022 |
Nisiw365: See this one. There is no data that has exposed the number of professionals per zone. Stop bragging for what you can't prove. It is the professional bodies that can only provide accurate figures and they haven't done that. So stop. |
Re: Why/How South South Is The Economic Backbone Of Nigeria by greatiyk4u(m): 12:31pm On Jan 30, 2022 |
Nisiw365: You have a career in comedy seriously Where men marry wives and abandon children with the wives to take care of? Rate of POVERTY in youruba villages is so high that I was shocked during my little tour of ogun and Ondo states, where 80% of secondary school girls go to school with their children All those NBS data was valid during the reign of Lagos Ibadan Express way media era, social media don cast the falsehood 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Oghene1st: 12:32pm On Jan 30, 2022 |
Nisiw365: Should I give you a recap of Premium times investigative journal about states that dominated admission into engineering, law and medicine? You want data? |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Nisiw365: 12:34pm On Jan 30, 2022 |
Oghene1st:Everyone knows that. Now check your jamb. Sw always have the highest applicants, highest admitted students, highest graduating students and so on. Best univesities are in sw, ui, oau, convenant, unilag, futa etc 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Nisiw365: 12:37pm On Jan 30, 2022 |
greatiyk4u:You are the commedian here. Do igbo girls even go to school?. South west still have the lowest poverty rate 2 Likes |
Re: Why/How South South Is The Economic Backbone Of Nigeria by LILTJAY: 12:40pm On Jan 30, 2022 |
BKayy:apart from crude oil, wetin dey south south? |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Nisiw365: 12:41pm On Jan 30, 2022 |
Oghene1st:add the states together. South west still leads. Even the minor ss going to school are mainly staying or schooling in sw. We are moving away from oil to IT as you can see that indigenous IT companies are mostly owned by yorubas. 28 Years from now, you will be hawking your oil in lagos hold up 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Oghene1st: 12:44pm On Jan 30, 2022 |
Nisiw365: With more universities opening across the country in the last decade, the number of students gaining admissions into specialised and competitive degree courses has steadily grown. But when it comes to Medicine, four states have dominated admission trends for at least five years, consistently trouncing the other 32 states and the Federal Capital Territory. The states are Imo, Anambra, Delta and Enugu. Between 2011 and 2015, these states had more students gaining admission to study Medicine than any other state, data from the Joint Admission and Matriculation Board (JAMB) show. In the five years, the four states — except Anambra — remained in the top five, an analysis of the data by PREMIUM TIMES has shown. Anambra took second position for four years, before dropping to sixth position in 2015. Only two other states managed to break into the top five briefly. Osun took fifth position twice and fourth position once; while Edo took third position once, and fifth position once. The data, covering 2011, 2012, 2013, 2014 and 2015, are for students admitted through test-based examinations conducted by JAMB. JAMB’s admission process is guided by merit, university catchment area and grants advantage to educationally-less developed states. The JAMB data were verified and validated by the National Bureau of Statistics, the bureau said. Together, they provide an important glimpse into how the nation’s 36 states and Abuja compete when benchmarked by university admissions into various academic disciplines each year. ⓘ PREMIUM TIMES analysis is focused on three of the most competitive courses: Medicine, Engineering and Law. In follow-up reports, this newspaper will evaluate the trend in Engineering and Law. For Medicine, while Imo had 1,940 students admitted into various universities in 2011, Anambra followed with 1,536 and Enugu was third with 1,280. Delta came fourth with 1,137 and Abia was fifth with 931 students. In 2012, the four states again made the top five. Imo emerged first with 1,841 students, Anambra followed with 1,473 and Delta came third, while 1,305, Enugu came fourth with 1,247. That year, Osun placed fifth with 958 students admitted into Medicine. Imo continued its leadership of the chart in 2013 with 2,395 students admitted to study Medicine, while Anambra again followed with 1,645 and Delta came third with 1,618. Enugu came fourth with 1,422. Fifth position was snatched by Edo with 1,256 students. In 2014, Imo had 1,588 students, Anambra followed with 1,511; Delta came third with 1,170, Enugu came fourth with 1,161. Osun reclaimed the fifth position with 1,146. ⓘ In 2015, positions changed significantly, with Delta jumping to first position with 1814 students. Imo dropped to second with 1,727, while Edo came third with 1,510. Osun was fourth with 1,447 and Enugu, with 1,390, took fifth. For the first time in five years, Anambra slumped to sixth position. Hassan Soweto, who coordinates a civil rights group, Education Rights Campaign, said the admission pattern reflects the funding of education in the country. Mr. Soweto assessed the states doing better as “one-eyed kings in the land of the blind”, saying even they have poor funding for education. “It means that some states are doing a bit better while some are doing poorly in the midst of crisis because it does not mean the sector is well funded,” he said. https://www.premiumtimesng.com/news/headlines/261340-exclusive-jamb-report-reveals-four-nigerian-states-leading-medical-education-five-years.html |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Nisiw365: 12:49pm On Jan 30, 2022 |
Oghene1st:commedian which lie. Check jamb website and add the number of students and states in each zone together not just one state. And UI have been the best university for the last 4 years without any challenge. The best lawyers from law school in the last 3 years are yorubas who finished from UI 1 Like |
Re: Why/How South South Is The Economic Backbone Of Nigeria by DispatcherLagos: 12:51pm On Jan 30, 2022 |
Bounceboune7:coward. Why not face the southern guy giving you upper cut than drag igbos into your fight. Mehn I'm glad the Southerners are finally waking up 3 Likes |
Re: Why/How South South Is The Economic Backbone Of Nigeria by walemoney007(m): 12:52pm On Jan 30, 2022 |
Oghene1st:Where in the South South are you fro |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Oghene1st: 12:54pm On Jan 30, 2022 |
Nisiw365: Should I give you the one of law and engineering to finally finish you? |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Oghene1st: 12:54pm On Jan 30, 2022 |
walemoney007: I'm from Delta Central. |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Nisiw365: 12:57pm On Jan 30, 2022 |
Oghene1st:When i call you an illiterate now, you will be angry. States in ss are edo, delta, bayelsa, rivers, etc. While sw are oyo, ondo, osun, ogun, lagos etc. Now go to jamb websites and add the states together, south west leads |
Re: Why/How South South Is The Economic Backbone Of Nigeria by Oghene1st: 12:59pm On Jan 30, 2022 |
Nisiw365: Admissions into law in Nigerian universities between 2011 and 2015 were led by Imo, Anambra and Delta states, according to JAMB figures. The three states were the most consistent of all top performers for the five years. They also dominated medicine and were amongst leading performers in engineering admissions — the three courses being amongst the most competitive in Nigerian universities. Earlier analyses by PREMIUM TIMES, using data from the Joint Admission and Matriculation Board, showed that medicine and engineering were dominated by mostly South-east, South-west and South-south states. North-central states of Kwara and Kogi also made a good showing. But for law, there is a new member of the pack: Benue state, which delivered a positive but brief performance in 2011 by coming fourth behind Imo, Anambra and Delta. That year, the four states were followed by Ogun, Rivers, Abia, Edo, Osun and Enugu. Ogun appeared thrice in the top cadre in the five years, coming fourth in 2011, third in 2014 and second position in 2015. Benue made it to the top three in 2011 before it dropped below the top 10, while Rivers made it to the top four in 2012, top three in 2013 before it dropped to eighth position in 2011 and 2014. It made the top seven in 2015. The data are for students admitted through test-based examinations conducted by JAMB. JAMB’s admission process is guided by merit, university catchment area and gives advantage to educationally-less developed states. For law, while Imo had 739 students admitted into various universities in 2011, Anambra followed with 679 and Enugu was third with 593. Benue came fourth with 558 and Ogun was fifth with 488 students. In 2012, some of the states again made the top five. Imo emerged first with 551 students, Delta followed with 476 and Anambra came third with 469, Rivers came fourth with 447. That year, Abia placed fifth with 355 students admitted into Law. In 2013, positions changed significantly, with Delta taking the first position with 683 students. Imo dropped to second with 630, while Rivers came third with 569. Anambra was fourth with 490 and Edo , with 463, took fifth. Anambra jumped to first position 2014 with 452, Delta dropped to second position with 430, Ogun jumped to third position with 418. Osun was fourth with 381 and Edo took fifth with 373. In 2015, Delta again took the first position with 456 students. Ogun dropped to second with 419 while Imo dropped to third position with 415. Enugu was fourth with 363 and Osun took fifth. ⓘ For the first time in five years, Anambra slumped to sixth position. Generally, the number of admitted law candidates fell compared to engineering and medicine. Hassan Soweto, who coordinates a civil rights group, Education Rights Campaign, suggested one reason why admission into law faculties in Nigerian Universities has been falling is cost. According to him, in most federal and state universities, students studying law are asked to pay tuition fees larger than what is charged for arts and social sciences. Mr Soweto said law education is gradually being “commodified and commercialised”. “When the cost of law school is also taken into consideration, law education is rapidly becoming the preserve of the few rich. This ugly phenomenon will continue to be the case until public education is properly funded such that regardless of whatever course students apply for, access is opened to anyone whether they come from poor or affluent backgrounds,” he said. The states with the least number of students admitted into law were FCT, Yobe, Zamfara and Jigawa. FCT had the smallest number for four years with only 29 students admitted into Law in 2011. It had 14 students in 2012, 27 students in 2013, 20 students in 2014 and 19 students in 2015. In 2011, Yobe had 25 students, followed by Zamfara with 39 students. Katsina had 50 while Gombe had 51 students. In 2014, Zamfara had 19 students, Sokoto had 32 students, Jigawa had 39, and Katsina had 41. In 2015, Zamfara had 28 students, Jigawa had 33 students, Kebbi had 45 and Bayelsa had 47 students. https://www.premiumtimesng.com/news/headlines/272805-jamb-report-reveals-states-leading-in-law-admissions.html |
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