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Nairaland Forum / Nairaland / General / Politics / Lagos Loses Investors To Ogun (39618 Views)
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Lagos Loses Investors To Ogun by Nobody: 10:23pm On Feb 09, 2016 |
Lagos - Lagos is beginning to lose most its investors to neighbouring state, Ogun following the increase in incentives offered by the state. The Manufacturers Association of Nigeria (MAN) in its latest economic review (2015) said the production value recorded by the Ogun Industrial Zone accounted for 69 percent of total production for all zones, thus re-confirming Ogun as the industrial hub of the nation. According to findings, investors get rebates on land, good road network and better security of plants, machinery and assets in industrial zones in Ogun State. Certain types of taxes paid by these investors in Lagos are also accepted by Ogun State, thus preventing them from paying multiple levies in two states. Ogun also has a one-stop-shop platform, where investors are given access to understudy available natural and mineral deposits, as well as agricultural potential of the state. Many manufacturers also say there is less harassment from touts in Ogun. Also, there is less traffic gridlock in Ogun and cheaper and more available accommodation for staff in the state. In the last two to three years, more investments have moved to Agbara, Igbesa, Abeokuta, Sango-Otta, Ibafo, Mowe, Ijebu-Ode and Sagamu industrial clusters, all in Ogun State, at the expense of Ikeja and Apapa zones in Lagos which used to be the hubs of investors. In terms of output, Ogun turned out N265.27 billion in output in half year 2015 as against Lagos’ N88.6 billion. Similarly, Ogun produced goods worth N306.58 billion in the whole of 2014, while Lagos churned out output worth N274.41 billion within the period. Some of the new investors which berthed Ogun in 2014 were Shongai Technologies Limited, Ijako in Sango-Otta, Apples and Pears Limited, Ceplas Farms Limited, Greenlife Bliss Healthcare Limited, Sumo Steel Limited, among others. http://www.news24.com.ng/National/News/lagos-loses-investors-to-ogun-20160209 13 Likes 2 Shares |
Re: Lagos Loses Investors To Ogun by Femich18(m): 10:28pm On Feb 09, 2016 |
Lagos losing investors to Ogun state? no big deal jare as far its SW tins im Ok 80 Likes 3 Shares |
Re: Lagos Loses Investors To Ogun by Nobody: 10:35pm On Feb 09, 2016 |
Just waiting for one Ipod youth to come here and mention Aba or the other one in Anambra 57 Likes 3 Shares |
Re: Lagos Loses Investors To Ogun by gists: 10:45pm On Feb 09, 2016 |
The boundary line is very obscure. If not for pride between the sons/daughters of the soil of both states, the two states should be merged. People live in Sango and work in Lagos; people live in Mowe/Arepo/Makogi and work in VI. So no shaking the investors are still at "home" 51 Likes |
Re: Lagos Loses Investors To Ogun by Flyoruboy(m): 11:04pm On Feb 09, 2016 |
Rather than call it a loss I prefer to call it a spill-over. This news report mirrors the previous year's (2014) where Lagos also trailed Ogun as the preferred top manufacturers destination (see below excerpts). Lagos definitely still attracts considerable heavy/high-level industial investments (her Sea and Air ports are irresistible magnets). However, due to land-constraints lasgidi is gradually peaking in its capacity to host these sort of investors, making Ogun and Oyo the natural alternatives on account of their proximity to Lag. Though I observed that the Badagry axis is also developing at lightning pace industrially. It's all well and good coz na the same SW.
36 Likes 2 Shares |
Re: Lagos Loses Investors To Ogun by babyfaceafrica: 11:05pm On Feb 09, 2016 |
Na the same brothers dem be...ejima tins 19 Likes |
Re: Lagos Loses Investors To Ogun by Pwayne2016(m): 11:07pm On Feb 09, 2016 |
Yet the state is broke,underdevelop,rusty and dirty...Shakinq my Brain 11 Likes 2 Shares |
Re: Lagos Loses Investors To Ogun by Flyoruboy(m): 11:11pm On Feb 09, 2016 |
Pwayne2016: Usual suspects do dey land. Don't you have a "Willie is working" thread you can start to keep busy? ![]() 59 Likes 1 Share |
Re: Lagos Loses Investors To Ogun by odogwu125: 11:13pm On Feb 09, 2016 |
Those places are still Lagos extension. Nothing in Ogun hinterlands 3 Likes 2 Shares |
Re: Lagos Loses Investors To Ogun by Flyoruboy(m): 11:20pm On Feb 09, 2016 |
odogwu125: Lol. That's easy for you to say, considering that Ogun alone is almost as big as the entire SE, so what you blanketedly consider as 'Lagos extension' can cover distances that span between Enugu, Anambra, Imo, and Abia ![]() 52 Likes |
Re: Lagos Loses Investors To Ogun by Pwayne2016(m): 11:26pm On Feb 09, 2016 |
. 1 Like |
Re: Lagos Loses Investors To Ogun by aribisala0(m): 11:30pm On Feb 09, 2016 |
kaakulator3:Are you perchance referring to Ho ni sha the location of the largest market in the Milky Way where the US Army buys drones 43 Likes 2 Shares |
Re: Lagos Loses Investors To Ogun by Pwayne2016(m): 11:33pm On Feb 09, 2016 |
U keep hating Igbos and they keep developing..is just like a man dieing while his enemy is healthy but he always wish reverse for the enemy 8 Likes 1 Share |
Re: Lagos Loses Investors To Ogun by Teddeebear: 11:36pm On Feb 09, 2016 |
Femich18:tribalism deep rooted smh 4 Likes |
Re: Lagos Loses Investors To Ogun by Flyoruboy(m): 11:38pm On Feb 09, 2016 |
Pwayne2016: "Willie is Working" ![]() 30 Likes |
Re: Lagos Loses Investors To Ogun by Femich18(m): 12:09am On Feb 10, 2016 |
Teddeebear: Nah its not....Ogun state is my second state of origin dts y I dnt mind 11 Likes |
Re: Lagos Loses Investors To Ogun by vicadex07(m): 1:28am On Feb 10, 2016 |
![]() ![]() ![]() aribisala0: 6 Likes |
Re: Lagos Loses Investors To Ogun by Nobody: 1:44am On Feb 10, 2016 |
aribisala0: ![]() ![]() ![]() ![]() ![]() 5 Likes |
Re: Lagos Loses Investors To Ogun by mrmetoo1: 2:14am On Feb 10, 2016 |
All na the same!!! Let's go!! 1 Like |
Re: Lagos Loses Investors To Ogun by Teddeebear: 7:48am On Feb 10, 2016 |
Femich18:so dual state of origin is allowed, i guess, btw your first statement read, "SW" trust me if the companies crossed Niger bridge you will react differently 1 Like |
Re: Lagos Loses Investors To Ogun by wallex1983(m): 8:08am On Feb 10, 2016 |
The painful part is that they are making house rent and some other basic and essential parts of life expensive now in ogun state. Can't they leave us alone? BTW, thank you Mr. Amosun for the road expansions 9 Likes |
Re: Lagos Loses Investors To Ogun by Femich18(m): 8:13am On Feb 10, 2016 |
Teddeebear:its not I will...I may or may not..Anyway we are stl 1Nigeria Xo I won't react since its stl within our Zone |
Re: Lagos Loses Investors To Ogun by brunofarad(m): 7:28am On Feb 11, 2016 |
Ok But I don't expect u guys to turn this to e fight things.... ![]() |
Re: Lagos Loses Investors To Ogun by Samexdx(m): 7:29am On Feb 11, 2016 |
Still the same abegi... |
Re: Lagos Loses Investors To Ogun by Nairadean(m): 7:31am On Feb 11, 2016 |
really |
Re: Lagos Loses Investors To Ogun by lexguru: 7:32am On Feb 11, 2016 |
Eya |
Re: Lagos Loses Investors To Ogun by shizzy7(f): 7:33am On Feb 11, 2016 |
No space in Lagos, the state is choked. After Ogun, they will move to Ibadan then Ondo..... No time to waste time....make I run go buy land in all Yoruba States.. 18 Likes 1 Share |
Re: Lagos Loses Investors To Ogun by Nairadean(m): 7:33am On Feb 11, 2016 |
really, the infrastructures ogun state now have are attracting investors. I'm not surprised more still coming ... 3 Likes |
Re: Lagos Loses Investors To Ogun by eph12(m): 7:33am On Feb 11, 2016 |
Expected Lagos is too full and should allow neighbor states grow. 3 Likes 1 Share |
Re: Lagos Loses Investors To Ogun by Dottore: 7:34am On Feb 11, 2016 |
Eeya |
Re: Lagos Loses Investors To Ogun by looseweight: 7:34am On Feb 11, 2016 |
Lagos is already congested, this what gave birth to industrialization of Ogun state. Ibadan in Oyo state is also having her own share of the cake. Do you care to cut down ugly excess fat from any part of the body, click on my profile or check my signature for more info. |
Re: Lagos Loses Investors To Ogun by Nienie(f): 7:34am On Feb 11, 2016 |
wouldn't call it losing tho..there's no problem as long there are investors in NIGERIA..they can invest anywhere. 4 Likes |
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