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States Internally Generated Revenue: See How Much Your State Generates. - Politics (13) - Nairaland

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2016 Internally Generated Revenue By Geopolitical Region / Lagos State Generates N101Billion In 4Months / Nigerian States By Internally Generated Revenue (IGR) - 2015 (2) (3) (4)

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Re: States Internally Generated Revenue: See How Much Your State Generates. by IlekeHD: 10:32pm On Oct 25, 2015
I'm not gonna stay on this thread and stay arguing with people from the third poorest region grin

8 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by Moahmed: 10:32pm On Oct 25, 2015
gustav25:
I like this man ....let's forget tribe in this issue (Igbo/Yoruba) borno is like twice the size of all se and still nothing ....truly now I believe in blood sucking demons




Do you know borno has been ravaged by insurgency? how do u expect them to contribute? be reasonable when you do analysis.
Re: States Internally Generated Revenue: See How Much Your State Generates. by nigerianvenom(m): 10:32pm On Oct 25, 2015
asha80:
tell me which state factory that has being set up and being run or that are still functioning? State govt are meant to encourage private firms to establish in a said state with mou's and tax breaks..also provision of infrastructure encourages companies to set up outfits in a state

As well as as having some shares in it so as to enabke public private partnership. U are right. No state can single handedly run an industry. Its a fact
Re: States Internally Generated Revenue: See How Much Your State Generates. by FKO81(m): 10:33pm On Oct 25, 2015
trigar12:
When Lagos is mentioned, igbos start shouting we own Lagos... Am not a tribalist buh una own too much, Lagos is a commercial hub in Nigeria

The Lagos Atlantic city us still in the pipeline, when e show face, dere is gonna be earthquake. grin

Yoruba lawa oooo
Nobody is dragging Lagos wif you, Lagos is commercial hub of Nigeria, Both Yoruba, Igbo, Hausa/Fulani, Ijaw, and another minorities we all developed Lagos collectively, untill Nigeria disintegrate, then you can claim Lagos, for now Lagos is no mans land.

3 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by ceecee0703(m): 10:33pm On Oct 25, 2015
scholes0:


Calm your nerves down.
2015 is just one year out of many many many...
2014 and 2013 were there.
And 2016 and 2017 will still be there to truly calculate SE vs SW on a 5 year average figures. Don't be surprised if by next year the Ebonyi state figures falls to reasonable levels, say around 4 Billion.

Oh and by the way, Lagos is a hundred percent SW , true it has advantages (Stock xchange etc), but so do all the SS states.

Bros i love the way u elusidate ur point it shows u are matured....but the fact of these IGR is not for us to tribally divide our selves neglecting the major points.

Friend how i wish Nigeria remains together and we break up into regions which will lead to resource control. We will produce more responsible govs. How can we have a region with the highest land mass claiming the largest population yet contributing less to the entire country but collecting more than its generated revenue.

Hav we stopped to ask ourselves why as a country we have not exploited other means of generating revenues. we are celebrating how good our states and regions have performed yet we fail to see that by a large standard we are blessed yet our generating little.

Lets quit ethnic divides and stand up for real confederalism where regions control their resources and give an agreed percentage to the federal...

2 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by abbey621(m): 10:34pm On Oct 25, 2015
From page 1 all the way to the current page, all I see is tribalism. 70% of those comments comes from individuals still being fed or those without a job. What has being a Yoruba person done for you? What has being an Igbo or Hausa person done for you? Hatred and tribalism will not get you anywhere in life, the rich and wealthy knows this; that is why Dangote, Adenuga, Kalu and Dozie will accept any opportunity to make a profit regardless of if the business is coming from an Hausa, Yoruba or Igbo person. Why is it those with little or small assets the ones always treading the tribal path? No wonder the rich keeps getting rich and the poor are getting poorer. Make una use na brain for once and stop the bullsh*t!

3 Likes 1 Share

Re: States Internally Generated Revenue: See How Much Your State Generates. by wristbangle: 10:34pm On Oct 25, 2015
superstar1:
Y1bos and their dubious character.

Someone should please ask them why they are discounting Lagos figure. Is it part of gully eroded land of alaigbo?

I heard they have started calling PH one very funny igbotic name --igweocha.

Gradually they are turning PH to no man's land. They failed in Lagos, kano and akure - with their no man's land slogan.

If they succeed in PH, that is the business of the ethnicities in PH and SS. Be warned SS.

My friends from rivers state are beginning to frown at the igbos and they do ask how do we handle relationship with them?

4 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by superstar1(m): 10:35pm On Oct 25, 2015
IlekeHD:
What happened to Enugu international airport?

Why didn't Lagos shut down after the upgrade?

You are minding those jokers.

Can you remeber the noise they made over the upgrading of Akanu Ibiam to International Airport by ''their stealing daughter -- Stealer Odiah''.

Sincerely I felt the airport will turn to DBX or Heathrow or JFK within 6months. What have we witnessed ever since, MMA has quadripled in revenue generation and the revenue from their glorified airfield, that they are calling Intergalactic Airport, has dwindled by 7times.

8 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by Nobody: 10:35pm On Oct 25, 2015
zuchyblink:
Adding lagos is like adding Abuja to North central. Nigeria made lagos and not the other way round.

with all these noise, some of you that have never crossed Niger bridge need lecture about South West, the former Nigeria capital only comprised the present Islands(except Leki, Epe, etc), parts of Yaba and Surulere, the rest are in former Western Region, Musin, Ikeja, etc. were built as industrial areas for western region. why detaching Lagos from South West? no matter what you built in Lagos, it amounts to nothing! in 1993, the whole Igbos in Lag ran away without chasing them, it amazed me why people like you don't bother to read history. it's even more surprising to see Ebonyi having more IGR than Anambra, I know these two states very well and I believe the op is smoking something!

12 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by IlekeHD: 10:35pm On Oct 25, 2015
FKO81:

Nobody is dragging Lagos wif you, Lagos is commercial hub of Nigeria, Both Yoruba, Igbo, Hausa/Fulani, Ijaw, and another minorities we all developed Lagos collectively, untill Nigeria disintegrate, then you can claim Lagos, for now Lagos is no mans land.

Lagos is a commercial hub in Yorubaland, in the SW, controlled by Yoruba people, developed by Yoruba leaders.

Is this the problem?

9 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by Nobody: 10:35pm On Oct 25, 2015
IlekeHD:


There is a functional port in the SS/SE.........that's what your brothers have been shouting about. There's also an international airport int he eAST.

Do you expect a Yorubaman to do all the work?

Stop including SS by force. lol.

Only SS can have an international port, SE is well, landlocked. That's why y'all are trying desperately to include PH/Rivers State.




you are daft,deranged and derailed that u chose not to find out wat landlocked means before going crazy like u jus did. ppl like u are d reason this nation z where it is.

4 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by scholes0(m): 10:36pm On Oct 25, 2015
IlekeHD:
I'm not gonna stay on this thread and stay arguing with people from the third poorest region grin

grin It is now Official.

The release of the states GDP figures will seal their status permanently.

6 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by chinchum(m): 10:36pm On Oct 25, 2015
If there is one thing i am certain of as to IGR of states, OGUN IGR is set to skyrocket.

4 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by Gh0stFreak: 10:37pm On Oct 25, 2015
no wonder apc want to get rivers state at all cost,more pocket money for tinubu
Re: States Internally Generated Revenue: See How Much Your State Generates. by IlekeHD: 10:38pm On Oct 25, 2015
superstar1:

You are minding those jokers.

Can you remeber the noise they made over the upgrading of Akanu Ibiam to International Airport by ''their stealing daughter -- Stealer Odiah''.

Sincerely I felt the airport will turn to DBX or Heathrow or JFK within 6months. What have we witnessed ever since, MMA has quadripled in revenue generation and the revenue from their glorified airfield, that they are calling Intergalactic Airport, has dwindled by 7times.

While they claim they're developing Lagos, their region is competing with the North.

East has the commercial hub.......still no buzz.

Anambra/Onitsha is even happy it's competing with Osun... lol for real? How can you claim to have one of the world's largest market, yet you're still competing with the north?

Even if Nigeria breaks or we revert to regionalism, the business will still stay and things will keep rolling.

But to be honest, it's not the igbos we should be wasting our time on, we need to start competing with Kenya's tech growth.

7 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by superstar1(m): 10:38pm On Oct 25, 2015
wristbangle:


My friends from rivers state are beginning to frown at the igbos and they do ask how do we handle relationship with them?

They are bunch of greedy and covetous people.

Be rest assured, if the real owners of PH do not nip the Igweocha nonsense in the bud now, they will regret it in 7years time. By then, Igbos would have lied and boasted to their children that they are the owners of PH and those ones too will be regurgitating innocently until they are jolted back to reality.

7 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by OBAGADAFFI: 10:38pm On Oct 25, 2015
MrMbaM:


I dont think you can read well, where did i state that only the Indigent SW contributes the Lagos IGR? You guys are excluding Lagos from the SW and i asked if its in the SE? You should stop being mischievous cos I dont care about what the north or SE generates, its there problem.

They forgot that these Lagos IGR stated increasing during Fashola Regime.

6 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by scholes0(m): 10:39pm On Oct 25, 2015
ceecee0703:


Bros i love the way u elusidate ur point it shows u are matured....but the fact of these IGR is not for us to tribally divide our selves neglecting the major points.

Friend how i wish Nigeria remains together and we break up into regions which will lead to resource control. We will produce more responsible govs. How can we have a region with the highest land mass claiming the largest population yet contributing less to the entire country but collecting more than its generated revenue.

Hav we stopped to ask ourselves why as a country we have not exploited other means of generating revenues. we are celebrating how good our states and regions have performed yet we fail to see that by a large standard we are blessed yet our generating little.

Lets quit ethnic divides and stand up for real confederalism where regions control their resources and give an agreed percentage to the federal...

I entirely Agree with everything you have said.
The Yoruba/SW agenda is ultimately true federalism. Not total disintegration (Because that would solve nothing), and not Unitary government (like the current status Quo)
I believe this is also what the peoples of the SS region want.

4 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by omonnakoda: 10:39pm On Oct 25, 2015
IlekeHD:
The whole Lagos covers the whole SE.

What happened to Onitsha, the "largest" e-commerce location in Nigeria?

Or Port Harcourt?

How can a whole Lagos generate more than the oil region?
This is a reflection not of the productivity of the state but the efficiency of the government . We must remember that in 1999 in Lagos it was about 12 billion Naira. Lagos economy has not expanded 20 times in that period .

Lagos is generating over 1000 naira per person a month . Are we saying that cannot happen in Abia or Anambra? The truth is the governments in some states are not serious. Look at Kwara state . That state is one of Nigeria's best kept secrets. Not very controversial and it seems quite prosperous wit a population of 1.5 million I would say it is one of the best performers when compared with states of similar population

4 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by IlekeHD: 10:40pm On Oct 25, 2015
OBAGADAFFI:


They forgot that these Lagos IGR stated increasing during Fashola Regime.

Exactly.

abuha is a capital now, still no buzz.

3 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by superstar1(m): 10:40pm On Oct 25, 2015
IlekeHD:


While they claim they're developing Lagos, their region is competing with the North.

Even if Nigeria breaks or we revert to regionalism, the business will still stay and things will keep rolling.

But to be honest, it's not the igbos we should be wasting our time on, we need to start competing with Kenya's tech growth.

I have said it on the SW thread. We need to up our game and stop glorifying ourselves for being outstanding among mediocres.

It is high time we start competing regionally with some Grade A developing countries.

6 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by mikolo80: 10:41pm On Oct 25, 2015
DropShot:
It's a big shame that most governors are not thinking with their brain. I wonder how many states will survive without monthly allocation from the center. Only Lagos, Rivers and Delta can realistically stand on their own without the money from Abuja.

OP, abundance of natural resources and/or heavy allocations from the center should make many of these states paradise on earth already. Just that most of the administrators have been wicked, lazy and generally unfit to be leaders.
they are the fittest we have the same way mad men control junctions when there is no traffic warden
Re: States Internally Generated Revenue: See How Much Your State Generates. by Nobody: 10:42pm On Oct 25, 2015
superstar1:


Orango Tang how market?

Once again your gully eroded region came last again in the south. No wonder you guys cant stay in your enclacve.
well, SS is my region, but why didi SE beat five SW states without lagos.

Poor region.

3 Likes

Re: States Internally Generated Revenue: See How Much Your State Generates. by IlekeHD: 10:42pm On Oct 25, 2015
omonnakoda:
This is a reflection not of the productivity of the state but the efficiency of the government . We must remember that in 1999 in Lagos it was about 12 billion Naira. Lagos economy has not expanded 20 times in that period .

Lagos is generating over 1000 naira per person a month . Are we saying that cannot happen in Abia or Anambra? The truth is the governments in some states are not serious. Look at Kwara state . That state is one of Nigeria's best kept secrets. Not very controversial and it seems quite prosperous wit a population of 1.5 million I would say it is one of the best performers when compared with states of similar population

EXACTLY!

SE, please keep competing with the North.

1 Like

Re: States Internally Generated Revenue: See How Much Your State Generates. by Nobody: 10:42pm On Oct 25, 2015
For you guys to find out which region is more productive, post the monthly allocation of every state from Abuja and minus it from the IGR, from that, the state that is highly productive will emerge. Lagos should not be included with SW because even in the Nigerian constitution, Lagos is not part of South West, the six geo political zones is not recognized by Nigerian constitution and Lagos is a melting point for all Nigerians been the former capital of Nigeria and developed for ages with Nigeria collective wealth just like how Abuja is been developed now with Nigeria oil money.
Re: States Internally Generated Revenue: See How Much Your State Generates. by Niyinficient(m): 10:42pm On Oct 25, 2015
ABEngine:
I see the foot prints of the igbo merchants in Lagos, Kano and Kaduna. Let's even look at Ondo which is heated with south-western nepotism at the moment and fiery hate for the igbos.

I would kindly suggest we have a rethink if we must survive this union called Nigeria. Someone rightly noted the poor spate of the Northern contribution to our purse and yet they yearn for a centralised government even with the endowment of solid minerals. Is the case to deplete the south and enrich the North?

I swear Gowon knew exactly what would become of the contraption, Nigeria if they had let go, his current statement "With Biafra, it is finished!" would not have revealed any better why he exerted extreme efforts to destroy the Biafran struggle.

I think at this point the Nigerian agenda should be pacifying the igbos to remain in Nigeria through whatever means.

It's normal if d host is disrespected bt nepotism if d host disrespects. So thoughtful of u bros. Am not a fan of taking side with any tribe base on any outburst bt I think u shud try to be objective and logical yet rational in ur analysis of issues. I quoted u base on ur reference to Ondo state,
Re: States Internally Generated Revenue: See How Much Your State Generates. by IlekeHD: 10:43pm On Oct 25, 2015
Rayhut:
For you guys to find out which region is more productive, post the monthly allocation of every state from Abuja and minus it from the IGR, from that, the state that is highly productive will emerge. [size=14pt]Lagos should not be included with SW because even in the Nigerian constitution,[/size] Lagos is not part of South West, the six geo political zones is not recognized by Nigerian constitution and Lagos is a melting point for all Nigerians been the former capital of Nigeria and developed for ages with Nigeria collective wealth just like how Abuja is been developed now with Nigeria oil money.


LMAOOOO grin grin grin

Igbo touts are funny as hell.

Lagos is considered a SE geopolitical state then.

11 Likes 1 Share

Re: States Internally Generated Revenue: See How Much Your State Generates. by Nobody: 10:44pm On Oct 25, 2015
People like you who find it difficult to shun tribalism end up as poor as church rats.People are created by God and we only came to wherever region we found ourselves not by choice,but by destiny.What can you boast of as a Yoruba man?The top players hardly talk,only those life has dealt with beyond redemption say stupid things about others and their tribes.Get a life,don't be a tribal bigot!Meanwhile,Igbos don't own Lagos.Lagos is one of the commercial centres of Nigeria.Grow up!
trigar12:
When Lagos is mentioned, igbos start shouting we own Lagos... Am not a tribalist buh una own too much, Lagos is a commercial hub in Nigeria

The Lagos Atlantic city us still in the pipeline, when e show face, dere is gonna be earthquake. grin

Yoruba lawa oooo
Re: States Internally Generated Revenue: See How Much Your State Generates. by FKO81(m): 10:44pm On Oct 25, 2015
superstar1:

You are minding those jokers.

Can you remeber the noise they made over the upgrading of Akanu Ibiam to International Airport by ''their stealing daughter -- Stealer Odiah''.

Sincerely I felt the airport will turn to DBX or Heathrow or JFK within 6months. What have we witnessed ever since, MMA has quadripled in revenue generation and the revenue from their glorified airfield, that they are calling Intergalactic Airport, has dwindled by 7times.
Ode read this report from your brother

Aviation Experts Caution States On Airport Projects

• Declare 17 Airports Redundant Nationwide
NO fewer than four state governments have unveiled plans to build airports in their respective states. The latest with such plan is Ekiti State. Besides Ekiti, Bayelsa, Abia, Osun and Ogun states are at various stages in their plans to build an airport each.

By the time the airports are completed, they
Many of the state owned airports have become liabilities to the aviation agencies, even when they do not have direct impact on the people.
There are fears also that the ongoing Bayelsa airport project may go the way of Jigawa airport. The state governor is said to be shopping for N40b loan facilities from commercial banks for the project.

Stakeholders also expressed fears over the planned Ekiti airport. They said even Akure airport, that is not too far away has been dormant for many years. They are afraid it might be another waste of public fund to build an airport in that zone.

They have therefore called on state governments to carry out project feasibility studies to determine the viability of airports in their states before venturing into such. They argued that airports should be built for commercial reasons and not for political consideration.
Presently, Federal Airports Authority of Nigeria (FAAN) manages 22 airports nationwide. Of the 22, only Lagos, Abuja, Port Harcourt, Enugu and Kano International Airports are said to be commercially viable. Others can hardly sustain their operational costs.

The Dutse airport, built by Jigawa State government, took a whooping N15.5b from the state’s loan purse. But the airport, which was commissioned last October is yet to attract scheduled domestic flights, except for charter operations and during airlifting of pilgrims for Hajj.

Aviation and Security Consultant, John Ojikutu said what is needed now is the establishment of specialised airports, adding that states could collaborate to establish airports based on their comparative advantages.

According to him, it will not be economical to have another airport in the South West as Akure and Ibadan airports have been ‘‘dormant” for a long time.

According to him, only two out of 25 airports in the country are viable, adding that government could adopt the privatisation strategy for other airports to make them viable.
‘‘We have about 25 airports in the country; seven of them are owned by state governments. But these airports cannot boast of more than 500,000 passengers each year.”
Ojikutu, also a retired Group Captain, said total air traffic in Nigeria is about 14 million, adding that Lagos and Abuja alone control about 10m, while the remaining passengers of four million traffic is shared among other airports.

Condemning the move to establish more airports in the country, particularly by states, Ojikutu said all the existing state government airports cannot airlift 20,000 passenger to any destination within the country in a year.

“You need money for landing and parking. You need money to pay for services and salaries. So, why building airports that will not be viable? Federal Airport Authority of Nigeria (FAAN) and Nigerian Airspace Management Agency of Nigeria (NAMA) are using money they generated from the two viable airports in Lagos and Abuja to sustain other airports. The unviable airports cannot even pay their workers.

To build an airport, he said traffic and money must be available, adding that apart from Lagos and Abuja, there is no airport that is viable to sustain itself.
“You need money for landing and parking. You need money to pay for services and salaries. So, why building airports that will not be viable? Federal Airport Authority of Nigeria (FAAN) and Nigerian Airspace Management Agency of Nigeria (NAMA) are using money they generated from the two viable airports in Lagos and Abuja to sustain other airports. The unviable airports cannot even pay their workers. FAAN is managing the airports in terms of security and NAMA is also helping them. They take money made in Lagos and Abuja airports to run these airports that are not viable.”
Continuing, he said there is need to privatise the airports to make them viable.

It is easy to build an airport, but it is another thing to maintain them. It is even a different thing to build them to national and international standard. The existing airports are being run by FAAN and the Nigeria Civil Aviation Authority (NCAA) cannot certify many of them because they were not built to the required national standard. There are over 15 dormant airports in the country. They have less than 100,000 passengers in a year. Abuja and Lagos airports generate 10 million passenger traffic yearly, while the remaining four million passenger traffic is shared by other airlines every year.

The ones owned by the states have only 20,000 passengers in a year. Obudu and Osubi airports have traffic. They have more traffic in terms of passengers, aircraft landing and take-off than many of the federal airports, so when states say they want to build airport, how many passengers will their airports generate? Well, they can become viable by selling low flight tickets and see if they can attract the required passengers to the areas.”

According to the retired group captain, to build an airport in a particular location, the promoters will have to take into consideration the availability of passengers and cargoes.

On what it would take to build an airport and how long it could take to complete an airport, he said the size and the duration for putting the facility in place would depend on the type of aircraft that will be visiting the airport.
‘‘This depends on the airport you want to build. It also depends on the contractor. But to build a standard airport, it should not take more than 24 months. Once you have the runway, the parking area, the Tower and perimeter security fence, planes are good to land and take off. The type of aircraft that will patronise the airport will determine the kind of airport to be built. The runway in Obudu for instance, cannot accommodate a Boeing 767 aircraft, so is Warri airport.”

On the source of financing for airports, Ojikutu said the major source of financing for Aviation sector is NEXIM bank, adding that it would be nice if Nigerian banks could complement the Export, Import bank.
He advised state governments to look at their area of comparative advantage and plan their airport project in line for their airport to be viable.
‘‘The state governments should look for technical partners, who are willing to invest in Aviation. They have to do a lot of business plan to know if their airport project will be viable. The states that are neighbours too should come together to have a joint project. Osun and Oyo can partner to buy Ibadan airport and turn it into agricultural cargo airport. Ondo and Ekiti that are near can do the same and buy Akure Airport and turn it into international agricultural airport. Lagos and Ogun can develop another agric airport. So all the intentions for states to have their own airport is all about ego, political consideration, not for commercial purpose.

Airport location is done considering a lot of factors. Is it going to be a commercial airport? What would be the benefits? Is it for tomorrow? Is the place industrialised? Is it for the export of agric products? You must name the business reasons for building an airport, which should ordinarily be built, where there is big movement of people or where it is capable of attracting people. People that travel to Ekiti do so by road,” he said.

The Managing Director of IRS, Captain Yemi Dada said availability of capital and good location are the major determinants of localisation of an airport, while the size could be determined by the promoters’ intention.
‘‘If you have money and a good location, you can build an airport, but the size of the airport depends on what you want to build. You can build a moderate airport with basic navigational infrastructure. The time it will take to complete the airport depends on the contractor handling the project. Airport is under the exclusive list of the Federal Government. It requires the permission of the Federal Government. There are several processes; it involves environmental impact assessment, feasibility studies to get approval. So in all, it could take between two and three years to come up with a functional airport,” he said.

Like Ojikutu Dada said, airports are built to bring air transport service to a particular locality. But he was quick to ask, is that airport needed in that area? If the strategy of a state is to encourage tourism, fine A larger demand for air services, is a natural requirement for an airport. You can create the demand for this service by making it a specialized airport. It can be for agricultural purpose. One of the big challenges we have now is to set our priorities right. Looking at states as they are today, it is a misplaced priority to want to build an airport. Maybe they want to have it as a long-term project.

Ekiti is not far from Akure airport. It is just a 30 minutes drive in distance. Unless Ekiti State has other reasons for the airport, which I don’t know. There are so many airports in the country that are not viable. So Ekiti State government should focus its attention on other things rather than airport. The proliferation of airports is one of the challenges FAAN is facing today[b]The airports that are doing well, like Lagos, Abuja, Enugu and Port Harcourt should be privatized to be able to sustain the others and stimulate traffic in their direction,” he said.
[/b].

The Corporate Affairs Manager of Federal Airport Authority of Nigeria (FAAN) Mr. Yakubu Dati, said airports in Nigeria are located for reasons beyond economic factors. He said localisation of airports should be seen from other social factors other than from ‘‘balance sheet.”

He described airports as necessary economic drivers as they could be used to stimulate development of a community and for employment generation.
‘‘Airports are windows of any community in a country. They are inevitable for a community that wants to be connected to other communities within and outside a country, and this is more important than profit and loss. It will generate employment where they are located, there will be emergence of other social services anywhere they are located,” he said.

Although, he argued that there is need for cargo and human traffic to sustain an airport, Dati said since it has an advantage of opening up an areas for development, create hundreds of jobs locally, the considerations for the location will be beyond the balance sheet of the airport because once an airline begins to patronise an airport, other airlines will be attracted to the place.
“The impact and contribution of airlines to the development of a society is very important,” he said.
Re: States Internally Generated Revenue: See How Much Your State Generates. by omonnakoda: 10:44pm On Oct 25, 2015
LoveMachine:
What is going on in the North? All that arable land just sitting? All those minerals just sitting in the ground? Questions need to be asked because these past administrations have been paymasters collected money for nothing. I never knew just how big Lagos was doing it. I see why Fashola has a head of gray hair after 8 years. That's a lot to manage.
Is Kwara not in the North ? Which state in your region performed better than Kwara?
Re: States Internally Generated Revenue: See How Much Your State Generates. by IlekeHD: 10:44pm On Oct 25, 2015
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Ade Olabode is an adviser to small business owners. He's the co-founder & CEO of PrognoStore (www.prognostore.com), the Point-of-Sale Software for small businesses. PrognoStore is a 3-in-1 solution as it combines point-of-Sale, Inventory and Analytics to be all you need to run your store. He's a chartered accountant and has previously worked at Deloitte, Credit Suisse and co-founded HGE Capital.

Michael Ade-Ojo is the biggest seller of Toyota vehicles in West Africa. His Elizade Group accounts for over 10% of all Toyota sales in Nigeria. He is also chairman of Toyota Nigeria and is a key shareholder of RT Briscoe PLC, an NSE-listed distributor of Toyota cars in Nigeria.

Gbenga Aluko is a founder and Managing Partner of Aluko & Oyebode- a successful corporate and commercial law firm in Nigeria.

Aderemi Makanjuola
The reclusive tycoon is the founder and Executive chairman of the Caverton Offshore Support Group, Africa’s first integrated offshore support service provider.

Jide Omokore Omokore is the chairman and founder of Energy Resources Group, one of Nigeria’s largest privately-held conglomerates.

Femi Odetola and his investment in Lagos

For more Yoruba businesses in Lagos https://www.nairaland.com/2684014/thread-yoruba-south-west-development-success/7#39285309

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