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The South-West contributions to Nigeria's economy and other myth-busting facts - Politics (3) - Nairaland

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Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 12:24am On Sep 12, 2016
Domestic Debt Rankings.

States. Debt in Billion Naira

1. Lagos. 268.1
2 Delta. 212.0
3. FCT. 110.1
4. Cross River. 107.3
5 Rivers. 91.8
6. Bayelsa. 91.7
7 Akwa Ibom. 81.8
8. Plateau. 78.4
9. Ogun. 70.2
10 Edo. 40.0
11 Osun. 37.
12 Nassarawa. 34.5
13 Kano. 31.4
14 Ekiti. 30.5
15Gombe. 30.0
16 Imo. 29.0
17 Bauchi. 28.0
18 Adamawa. 26.4
19 Abia. 25.1
20 Niger. 23.4
21 Borno 22.3
22 Enugu. 22.6
23 Kwara. 22.1
24 Ondo. 19.3
25 Benue. 17.3
26 Kebbi. 17.2
27 Kaduna. 16.7
28 Taraba. 14.4
29 Oyo. 13.2
30 Zamfara. 11.0
31 Kogi. 10.3
32 Sokoto. 7.7
33 Ebonyi. 6.7
34 Anambra. 2.9
35 Yobe. 1.6
36 Jigawa. 1.0
37 Katsina. 0.65

External debt Rankings

State. Debt in millions of dollars. * except Lagos

1. Lagos. 1.2 billion
2. Kaduna. 226.4
3. Edo. 168.2
4. Cross Rivers. 116.4
5. Ogun. 103.3
6. Bauchi. 85.3
7. Osun. 76.9
8. Katsina. 72.2
9. Enugu. 71.8
10 Oyo. 66.8
11 Anambra. 60.8
12 Imo. 59.2
13 Kano. 57.6
14 Ekiti. 55.0
15 Nassarawa. 53.1
16 Akwa Ibom. 52.7
17 Ondo. 52.1
18 Kwara. 51.0
19 Adamawa. 49.0
20 Ebonyi. 47.2
21 Rivers. 46.9
22 Kebbi. 45.3
23 Niger. 44.8
24 Sokoto. 41.9
25 Abia. 41.5
26 Gombe. 39.8
27 Delta. 38.8
28 Bayelsa. 37.6
29 Benue. 35.7
30FCT. 35.0
31 Zamfara. 34.9
32 Jigawa. 34.1
33 Kogi. 33.6
34 Yobe. 30.5
35 Plateau. 30.4
36 Borno. 23.1
37 Taraba. 23.0
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 12:31am On Sep 12, 2016
Truth of the matter is that Ogun and the entire SW is a very highly indebted region with nothing to back up the debt.

2 Likes

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 12:35am On Sep 12, 2016
Domestic debt profile of the geopolitical zones in billions of Naira

1.South South. 624.6 billion
2 North Central. 186.0 billion
3 South West ( minus Lagos) 170.2billion
4 North East. 122.7 billion
5.. South East. 86.3 billion
6 North West. 85.7 billion

* Lagos. 268 billion

External debt profile of the geopolitical zones ( in Million dollars)

1. North West. 470 .0
2.South South. 461.0
3 South West( minus Lagos) 409.1
4 South East. 280.5
5 North Central. 266.6
6 North East. 250.0

* Lagos. 1billion dollars

Total debt profile of geopolitical zone( in Billions of dollars)

1 South South. 3.6
2 South West. 1.3
3 North Central. 1.2
4 North West. 0.9
5 North. East. 0.9
6 South. East. 0.7

* Lagos. 2.4

http://www.dmo.gov.ng/oci/subn/docs/Federal%20and%20State%20Governments%20External%20
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 12:38am On Sep 12, 2016
NATIONAL BUREAU OF STATISTICS 2010-2015BANK CREDIT AND DEPOSIT BY STATES IN NIGERIABank credit/deposit in each state may be used as an indicator of the level of activity and well being of operators (households and businesses) in a particular state as it shows what residents are borrowing and the amount deposit in banks
http://www.nigerianstat.gov.ng/report/384

Bank Deposit by states in Nigeria

From the report bank deposit by states in Southeast from 2010-2015

Bank deposit in Anambra state #1'844'434.75
Bank Credit # 258'716.37
Balance #1'585'718.38

Bank deposit in Enugu #1'651'741.09
Bank credit #370'012.75
Balance #1'281'728.59

Bank deposit in Imo # 936'606.57
bank credit #218'853.32
Balance #717'753.35

Bank deposit in Abia from #1'031'355.42
bank credit #391'675.25
Balance 639'580.17

Bank deposit in Ebonyi #330'841.52
bank credit #93'627.5
balance 237'214.02

Southeast total balance from 2010-2015 #4'461'997.51


From the report bank deposit by states in Southwest from 2010-2015 excluding nation commercial center

Bank deposit in Oyo #1'617'678.48
bank credit #598'298.6
Balance #1'019'379.88

Bank deposit in Ogun #1'204'873.59
bank credit # 558'073.3
Balance # 649'800.29

Bank deposit in Ondo #821'901.84
credit #306'621.05
Balance #515'280.79

Bank deposit in Osun #648'726.72
credit #417'073.72
Balance #231'653.05

Bank deposit in Ekiti #301'136.23
credit #123,254.46
Balance #177,881.77

South west total balance from 2010-2015 #2'593'995.78

http://nairaland.hotelbookingwe.com/3088004/southeast-one-richest-region-after/1
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Nobody: 12:44am On Sep 12, 2016
YonkijiSappo:
^^^ "Shinedu" be like:


The sad beast that made the picture is really sad. Eyaaaa

1 Like

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by totit: 12:49am On Sep 12, 2016
God bless SW,Yoruba land the more grin

We rule!


Facts don't lie

5 Likes

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 12:50am On Sep 12, 2016
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 1:08am On Sep 12, 2016
Cool.

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Alfaab: 10:15am On Sep 12, 2016
Igboid:
Cool.
They are talking about the highest contributor to the economy.USA is one of the most indebted countries in the world but they are up there as a first nation.That is for another thread.If you can not disprove all the facts shown that the SE is the the least contributor to the economy then I would advise that the SE should tender an apology to all Nigerians that they are really the parasites..

11 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by SuperS1Panther: 10:43am On Sep 12, 2016
Igboid:
Domestic debt profile of the geopolitical zones in billions of Naira

1.South South. 624.6 billion
2 North Central. 186.0 billion
3 South West ( minus Lagos) 170.2billion
4 North East. 122.7 billion
5.. South East. 86.3 billion
6 North West. 85.7 billion

* Lagos. 268 billion

External debt profile of the geopolitical zones ( in Million dollars)

1. North West. 470 .0
2.South South. 461.0
3 South West( minus Lagos) 409.1
4 South East. 280.5
5 North Central. 266.6
6 North East. 250.0

* Lagos. 1billion dollars

Total debt profile of geopolitical zone( in Billions of dollars)

1 South South. 3.6
2 South West. 1.3
3 North Central. 1.2
4 North West. 0.9
5 North. East. 0.9
6 South. East. 0.7

* Lagos. 2.4

http://www.dmo.gov.ng/oci/subn/docs/Federal%20and%20State%20Governments%20External%20

Olodo. Which country is the most indebted in the world and is still the richest?

Likewise SW the richest and most indebted.

Learn.

12 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by ODVanguard: 10:52am On Sep 12, 2016
SuperS1Panther:


Olodo. Which country is the most indebted in the world and is still the richest?

Likewise SW the richest and most indebted.

Learn.

Are you minding the mumude. His almajiri kinsmen continue flooding the same SW to hawk gala and over-stretch our infrastructure while adding little commensurate value. Instead of him to tell his brothers to return home and develop their region so that others too can troop down there for opportunities and a better life the way they are flooding our region which accomodates their economic migrants, he's here talking crap. Isn't it sad that he's so busy looking for stats to bring down the SW while presenting nothing of significance to show his region is progressing economically?? They are just a bunch of empty vessel loud-mouths who have nothing to offer than to make useless noises.

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Re: The South-West contributions to Nigeria's economy and other myth-busting facts by AlNur: 10:58am On Sep 12, 2016
lawani:
The land is violated with non Yorubas especially Hausas and fulanis ganging up to lynch people to death, burn down houses and etc. Ijaw militants running things in the creeks and etc while Igbos too stay here and say in public that they do not like the Yorubas! The breakup of Nigeria should be our minimum demand, so that we merge with our people to the West, we delineate into states and give income tax to the center while allowing states to control the police while their army divisions is staffed mainly by them.

As per contribution to the economy of present Nigeria. SW even without Yorubas in Kwara, Niger and Kogi also Delta is number one, followed by NW, then probably SS, NC or SE then NE is last. SW GDP must be over 35 percent of Nigeria's GDP, so if you add all Yoruba in like ten states, it may be 40 percent of Nigeria's economy.


When you talk of the money being mismanaged, as in oil money, a large portion of it comes from Yoruba territorial waters and lands but that is not economy but a hinderance to economy.


All groups have their share of the economy which is a chunk of the whole.
Remove Lagos with its population of igbos and other Nigerians and your GDP is flawed like Buhari change promise.
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by shukuokukobambl: 11:04am On Sep 12, 2016
AlNur:
[s]Remove Lagos with its population of igbos and other Nigerians and your GDP is flawed like Buhari change promise.[/s]

Taa!! nsukabbaagger, that one na you and buhari problem. go meet am for daura.....jes gerrahia angry

8 Likes

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by AlNur: 11:05am On Sep 12, 2016
OmoAjowa7:
I haven't even added Ondo state's oil contribution sef
Shameless afonja, which ondo oil? Obasanjo carved out ijaw territory into ondo and you lots go around nairaland masturbating about how ondo oil is sustaining Nigeria.

1 Like 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by shukuokukobambl: 11:08am On Sep 12, 2016
nototribalist:
Zombies full here.

OSU ugu hawkers have started wailing as usual cheesy

5 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by SuperS1Panther: 11:09am On Sep 12, 2016
AlNur:
Shameless afonja, which ondo oil? Obasanjo carved out ijaw territory into ondo and you lots go around nairaland masturbating about how ondo oil is sustaining Nigeria.

Cowardly Ojukwu and Slavish Osu, igbokoda sounds Ijaw like to you or Ilajes look like Ijaw in the eye ball socket of your flat head?

Or have you ever heard Ijaw ever claiming they have any land that has oil in Ondo?

9 Likes

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by shukuokukobambl: 11:10am On Sep 12, 2016
AlNur:
[s]Shameless afonja, which ondo oil? Obasanjo carved out ijaw territory into ondo and you lots go around nairaland masturbating about how ondo oil is sustaining Nigeria.[/s]

Shatap you this pained OSU ipod ugu hawker. go back into your cave if all you have to do about it is to rant

www.nairaland.com/attachments/4011850_4004457asoldierwithawhippursuingsomebodyusethisgififyouseeauselesspostjpegfaabe749e08592f59893225a6876e150_jpegc87acb7de2d76a8992e7642d98ce3945

4 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by SuperS1Panther: 11:13am On Sep 12, 2016
AlNur:
Remove Lagos with its population of igbos and other Nigerians and your GDP is flawed like Buhari change promise.

Why should Lagos be removed? Is it not part of Nigeria again?

Were Igbos invited to migrate to Lagos like refugees?

Remove Onitsha from SE, tell us what your GDP will come to.
Remove PH from SS, Kano from NW, NYC from US, London from UK, Tokyo from Japan.

I tire for these Osus and Ojukwus.

11 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by AlNur: 11:16am On Sep 12, 2016
OmoAjowa7:




Ordinarily, I should properly reply you but because I know you're an I-pork youth who loves back and forth bullshit even
when the truth is staring at you so I don't need to stress grin cheesy

If the ports aren't part of SW contribution, whose contribution is it? Your daddy's contribution? cheesy

The money used to build the port did it come from your useless cocoa that you lots could not process into finished goods? Nigeria's money was used to build the port we will keep reminding you of that until the country cease to exist and we will share everything in proportion. Afonja
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by shukuokukobambl: 11:18am On Sep 12, 2016
Igboid:
Truth of the matter is that Ogun and the entire SW is a very highly indebted region with nothing to back up the debt.

From your bad belle charts, Ogun has N70B local debt and N40B foreign debt even using N400/$ FX rate. Both total N110B

Meanwhile, FG is owning Ogun over N200B so Ogun still has change to collect that will be used to build roads for the refugees from your erosion enclave to pass through on their way to the SW cheesy

8 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by shukuokukobambl: 11:20am On Sep 12, 2016
AlNur:
[s]The money used to build the port did it come from your useless cocoa that you lots could not process into finished goods? Nigeria's money was used to build the port we will keep reminding you of that until the country cease to exist and we will share everything in proportion. Afonja[/s]

OSU, take your frustrations and lamentations elsewhere cheesy

Na me say make Shuku Okuko Bambiala curse una red mud region that nothing good goes there? cheesy

5 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by AlNur: 11:23am On Sep 12, 2016
OmoAjowa7:


I think something is wrong with your head lol and I can't help you cheesy grin. Ogun never owed civil servants salaries.
The problem was with deductions and that has been sorted out. I'm sure you saw September 10 there

And I'm not even interested in that. You're wasting your time If you think you can take me off tangent

The topic is about the contribution of the SW to Nigeria's economy. If you can refute it, go ahead.

If you can't, F.O.H or better yet go create a thread letting us know what the SE contributes to Nigeria's
economy
If southwest is so rich how come you ended up mentioning Lagos and Lagos outskirts of agbara etc you guys call ogun as the her that lay southwest egg? We will continue to remind you that Lagos economy is Nigeria's economy because all Nigerians live there. The day you guys leave out Lagos and bring forth ekiti, oyo, ogun, osun, and ondo contribution to Nigeria we will then take you people serious. Afonja
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by totit: 12:00pm On Sep 12, 2016
This thread has really exposed Igbos nyash grin

To my archive abeg cheesy

4 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Mojoy88(m): 12:52pm On Sep 12, 2016
AlNur:
Shameless afonja, which ondo oil? Obasanjo carved out ijaw territory into ondo and you lots go around nairaland masturbating about how ondo oil is sustaining Nigeria.

Just as Buhari carved out a part of Delta to Lagos for oil sake abi.

2 Likes

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Nobody: 1:11pm On Sep 12, 2016
AlNur:
Shameless afonja, which ondo oil? Obasanjo carved out ijaw territory into ondo and you lots go around nairaland masturbating about how ondo oil is sustaining Nigeria.

AlNur:
The money used to build the port did it come from your useless cocoa that you lots could not process into finished goods? Nigeria's money was used to build the port we will keep reminding you of that until the country cease to exist and we will share everything in proportion. Afonja

AlNur:
If southwest is so rich how come you ended up mentioning Lagos and Lagos outskirts of agbara etc you guys call ogun as the her that lay southwest egg? We will continue to remind you that Lagos economy is Nigeria's economy because all Nigerians live there. The day you guys leave out Lagos and bring forth ekiti, oyo, ogun, osun, and ondo contribution to Nigeria we will then take you people serious. Afonja

God saved your daddy I came late. You don enter am today. Your must provide evidence for the emboldened grin cheesy.
As you can see, everything I have up there is backed with facts

Of course, the money they used in building the ports came from your father's salary. And why are you even telling me
all these. The topic is about what the SW contributes.

You want to know what the other SW states contribute? Fix your retina ye gala boy cheesy abi sun don cover your eye ni?
I posted Ogun state's solid minerals contrbutions, Ondo state's cocoa exports and Oyo state's tobacco exports.

You're retar... Because Lagos economy is Nigeria's economy means Lagos is in pakistan right.

F.O.H before I bath you with more poop. Dirty boy

5 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Nobody: 1:21pm On Sep 12, 2016
shukuokukobambl:


OSU, take your frustrations and lamentations elsewhere cheesy

Na me say make Shuku Okuko Bambiala curse una red mud region that nothing good goes there? cheesy

Upon say we don bust am with facts, otondo is still telling us Lagos won't be what it is without chitgbos

The thing pain am gaan cheesy grin

Most of them viewed the thread yesterday without posting lol

On a good day, you'd have seen them messing up threads with bullshit about how they control SMEs in Lagos,
how they are the ones generating revenue for Lagos ports and blah blah

They never hesperred it grin We made sure we had all the facts just in case they come up with the lies
uncle Chike told them in the village

5 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by SuperS1Panther: 1:39pm On Sep 12, 2016
OmoAjowa7:


Upon say we don bust am with facts, otondo is still telling us Lagos won't be what it is without chitgbos

The thing pain am gaan cheesy grin

Most of them viewed the thread yesterday without posting lol

On a good day, you'd have seen them messing up threads with bullshit about how they control SMEs in Lagos,
how they are the ones generating revenue for Lagos ports and blah blah

They never hesperred it grin We made sure we had all the facts just in case they come up with the lies
uncle Chike told them in the village

They have been avoiding this myth bursting thread.

They contribute zilch to the economy and they are the ones spoiling the name of Nigeria all over the world, they are the ones sabotaging the economy by importing toothpicks, mirror etc.

7 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by omoelesa(m): 1:44pm On Sep 12, 2016
Kikiki,flat heads have being bomb back to d stone age.











shiit dey smell.

6 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by shukuokukobambl: 1:49pm On Sep 12, 2016
OmoAjowa7:


Upon say we don bust am with facts, otondo is still telling us Lagos won't be what it is without chitgbos

The thing pain am gaan cheesy grin

Most of them viewed the thread yesterday without posting lol

On a good day, you'd have seen them messing up threads with bullshit about how they control SMEs in Lagos,
how they are the ones generating revenue for Lagos ports and blah blah

They never hesperred it grin We made sure we had all the facts just in case they come up with the lies
uncle Chike told them in the village

Of course the thread pain am to the extent wey he might have to commit suicide if his relatives don't place him under watch cheesy

watch nollywood films and you'll understand how those mumu stories their uncles conjure about their fake lives in lagos take root cheesy

5 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by rlauncher(m): 1:51pm On Sep 12, 2016
lawani:


As per contribution to the economy of present Nigeria. SW even without Yorubas in Kwara, Niger and Kogi also Delta is number one, followed by NW, then probably SS, NC or SE then NE is last. SW GDP must be over 35 percent of Nigeria's GDP, so if you add all Yoruba in like ten states, it may be 40 percent of Nigeria's economy


All groups have their share of the economy which is a chunk of the whole.


Not 35% nor 40% but 60%. Haven't you noticed that even northerners cannot sell their goods until they have brought it to the southwest.

5 Likes 1 Share

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by SuperS1Panther: 1:57pm On Sep 12, 2016
rlauncher:



Not 35% nor 40% but 60%. Haven't you noticed that even northerners cannot sell their goods until they have brought it to the southwest.

That is very true.

3 Likes

Re: The South-West contributions to Nigeria's economy and other myth-busting facts by rlauncher(m): 2:02pm On Sep 12, 2016
bakynes:
The IPOB guy must be crazy. We all know after the SS, SW contributes the largest revenue for this country. Non-oil sector SW contributes the largest revenue for the FG.

We gain less from oil than we lose to the FG in taxes which the SS also benefit form.Moneys taken away from the southwest is X4 of what we get back from oil revenue while the southeast receives more from oil revenue than they actually contributed.

Southeasterners always claim that their oil money developed Lagos, meanwhile records shows otherwise.

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