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Nairaland Forum / Nairaland / General / Politics / The South-West contributions to Nigeria's economy and other myth-busting facts (15919 Views)
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Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Henrydone: 9:24pm On Sep 14, 2016 |
Igboid:You lack basic education consumer spending has a sharp influence on economy,if you read the information directly from the e-article of the Euromonitor,they simply implies fast developing cities 1 Like |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Twistaray(m): 9:28pm On Sep 14, 2016 |
Igboid: I am sorrow for these brafra agitators such as that chukwu.. ![]() Anyway I have this for you, I know anambra man you are.. 2 Likes
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Re: The South-West contributions to Nigeria's economy and other myth-busting facts by RockHard: 9:30pm On Sep 14, 2016 |
Igboid: Hahahaha. You are such a joker. Just because her conclusions don't tally with yours you are throwing a fit? Grow up Mr. Unfortunately for you, she has some authority while you on the hand are ..well.. a Mr. Nobody. Is it the same Onitsha where the Shoprite there was reportedly idling away and experiencing low patronage due to low spending power that you are hyping here? Continue deluding yourself because you seem to be the only person buying your own hype o. lol. Atleast Onitsha even has a market to take save face small, abeg what does Enugu have to justify this your persistent hype? I know it's too much for your ego to accept, but comparing the SouthWest to your region is akin to comparing sleep to death. Move on jo. Real talk. 3 Likes |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Henrydone: 9:30pm On Sep 14, 2016 |
Igboid:So Enugu and Onitsha has more money flow than Ibadan ![]() 2 Likes
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Re: The South-West contributions to Nigeria's economy and other myth-busting facts by RockHard: 9:31pm On Sep 14, 2016 |
Henrydone: He's too proud to stomach the obvious bro. The thing really pained him that Enugu didn't make the cut. ![]() |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Twistaray(m): 9:40pm On Sep 14, 2016 |
Henrydone: Dude, abeg stop stressing ya self. I will suggest you bookmark this thread for future ref. It's really opened our eyes and served it purpose. You can't wake a man who pretends to be sleeping. Those anambra dudes often have issues with reality and facts. Abeg free the dude jare ![]() His mood when he opened this thread from page 0 ::: ![]() Edited my phone keyboard dey mess up my mention anyhow ![]() 1 Like
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Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 9:47pm On Sep 14, 2016 |
Henrydone: You are a jellyfish. Only SE cities were taken into consideration in that report.
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Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 9:49pm On Sep 14, 2016 |
Infact, go through Sonnie10 and kennydoc posts here for reformating of your ewedu clogged brain cells: https://www.nairaland.com/3102772/onitsha-ranked-most-polluted-city/6 I'm tired of repeating myself. |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Twistaray(m): 9:53pm On Sep 14, 2016 |
Igboid: ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() 1 Like |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 9:55pm On Sep 14, 2016 |
Henrydone: Ofcourse, Enugu and Onitsha has more money flowing in them than Ibadan. ![]() ![]() Stats don't lie. Banks move with cash flow: 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 |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Twistaray(m): 9:56pm On Sep 14, 2016 |
Henrydone: Make I add another injury, couple with upper cut sef ![]() Igbos are mainly traders that buy and sell on a daily basis, when they sell they deposit and when they want to buy they withdraw. The circle keeps repeating on a daily basis, my friend that is not a measure of development or wealth. ![]() 2 Likes |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 9:59pm On Sep 14, 2016 |
Henrydone: Well, it so happens that Enugu has more money in Circulation than Oyo state. So, what does that say about your useless economium stats? Exactly, it only corroborates the fact that Oyo is lagging behind Enugu, and is moving fast to catch up with Enugu. If she is lucky enough, she might catch Enugu in the year of our lord 2150. ![]() ![]() |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 10:05pm On Sep 14, 2016 |
RockHard: Why must Onitsha people patronize Shoprite who would probable repatriate most of their profit back home to SA, depleting the money in Circulation in Onitsha, when Onitsha people have ready made big markets where they can buy all that shoprite offers at cheaper price and whatsmore, the money stays within Anambra and is gradually circulated to trickle down to everyone. I see nothing wrong with the above scenario as I don't really know if Shoprite Onitsha is really failing. Shoprite in Enugu is doing well though. |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Nobody: 10:13pm On Sep 14, 2016 |
Hehehe so these chitgbos are still on my lovely thread ? ![]() ![]() Thread wey I don finish work on. One is showing us bank deposits, the other one is telling us nonsense about Osun state gangsta style. Otolo boy ![]() WHAT HAS THAT GOT TO DO WITH THE FACT THAT THE SE IS USELESS AND THAT THE SW IS THE MOST IMPORTANT REGION AFTER THE SS I'm talking A, mo4os are talking Z I've said it before. If any of you can refute what I have up there, tag me and lets ball Na small tchin ![]() 1 Like |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Henrydone: 10:14pm On Sep 14, 2016 |
Igboid:The oyo you are talking about is more industrialized,more infrastructurally,more economically booming than Enugu. 1 Like |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by lawani: 10:19pm On Sep 14, 2016 |
No region is small. I have already stated that SE can make 400 people naira billionaires every year without feeling it. That is the strenth in Numbers. They wont know they did anything. It is a measure of what they can do if they stand alone. Then oil money is spoiling Nigeria, so SS money is not helping the economy, in what way are they ahead then? GDP size is SW more than NW more than SS more than NC more than SE more than NE or SE is last. So never be saying SS has bigger economy than SW or NW. That is wrong. |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by hinohsend: 10:22pm On Sep 14, 2016 |
Igboid: I belive you read the report and saw that only a couple of cities were evaluated. The report didnt even consider any of your settlements in the east a city. |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by hinohsend: 10:44pm On Sep 14, 2016 |
Igboid: Guy, the southwest has the lowest poverty rate in the nation, while easterners are the poorest in the south. The UN, WorldBank & NBS have all confirmed it. EOD! Go and sleep joor. 5 Likes |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by RockHard: 11:15pm On Sep 14, 2016 |
Igboid: Now it's obvious you're one hell of an ignorant fellow. First of all Enugu is a practically DEAD state economically -- FACT. What commercial activity goes on there to warrant such wild assertion about its consumer spending? Absolutely NONE. As for Onitsha, Twistaray already captioned the logic behind whatever money flows in that tiny market city when he said, I repeat: Igbos are mainly traders that buy and sell on a daily basis, when they sell they deposit and when they want to buy they withdraw. The circle keeps repeating on a daily basis, my friend that is not a measure of development or wealth. Obi Jackson (An Anambra indigene), a shareholder in S.A-based Smile Communications, chose to launch and introduce the Nigerian branch of the ISP in Ibadan in 2013. Why not Onitsha? Smile didn't launch in Onitsha until March of this year 2016. The reason for that decision is very simple -- spending power, and because numbers don't lie. The following thread sums it up. https://www.nairaland.com/3114368/nigerian-states-number-registered-phone 1 Like |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 12:24am On Sep 15, 2016 |
RockHard: Are you dumb or what? Obijackson can choose to site his business anywhere he likes. We have Igbo businesses in Cameroon, China, Kano, etc, you can as well ask me why not Onitsha? It's all business, there Igbos who site theirs in Igboland and those who site theirs at outside Igboland. Each to his own. Your analysis on money flow in the East is at best silly and lacking in basic understanding for me to even bother replying it. What do Yorubas do with their own money during transactions? They don't deposit them at banks? They carry them on their waists? ![]() Listen, there are more money in Circulation in the East because most businesses in the East are indigenous businesses. Unlike those in Lagos and Ogun axis which are mainly multinationals, who drain Yorubaland of money and remit home as profits, the businesses in the East are indigenous mainly, the money they generate are reinvested into the system in East, enabling saturation of the Eastern money circulation. ![]() ![]() |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 12:27am On Sep 15, 2016 |
hinohsend: Lol! Keep deceiving yourselves. Just as you deceived yourselves into believing that you are leading in education in Nigeria, until JAMB, NECO, WAEC, Unity school stats started slapping the lying demons out of you lots left and right. ![]() |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 12:32am On Sep 15, 2016 |
OmoAjowa7: Lol! Actually, all the trash and jargons on your thread had been roundly and well eviscerated time and time again. Though I understand why it's important you keep holding unto them, if only to safe face. ![]() |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by RockHard: 1:25am On Sep 15, 2016 |
Igboid: Dude, nobody gives a flying Bleep about how much money circulates in the SE quite frankly, because at the end of the day who e don epp? Upon your circulating money, your region is still the least productive (the ONLY viable vocation in the entire SE is TRADING -- FACT -- but even that is no longer as viable as it once was -- http://www.vanguardngr.com/2015/06/rivers-state-others-have-overtaken-s-east-in-commerce-industry/ ), it is the least contributor to the national commonwealth, attracts the least FDI (www.businessdayonline.com/2015/02/ogun-ikeja-top-manufacturers-investment-destinations-in-2014), witnesses more brain-drain than any other, is the least populated in the country with her indigenes emigrating at the slightest opportunity, YET for whatever reasons best known to you, you feel this gives you some sort of bragging right?? Like seriously? If the SE was such an economically viable region, it would speak in her GDP (no single SE state appears on the top 10 list of Nigerians states GDP), her FDI, it would be one of the choice destinations of other Nigerians seeking better prospects. It's the same reason your successful businessmen (who for the most part made their millions outside Igboland, and who can blame them? They know where the real market and spending power is. Ask the foreigners shunning the region, Obi Jackson and the rest of 'em ![]() ![]() ![]() 2 Likes |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Nobody: 1:54am On Sep 15, 2016 |
Lalalal this troll actually thinks I have his time.Noo son, I loathe trolls... Ask anumudu your elder brother ![]() I haven't even responded to any of your posts since the first day ![]() I don't do back and forth bullshit. When you're ready to refute what I have up there, quote or tag me |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by hundredhunndred: 2:42am On Sep 15, 2016 |
Igboid: Pazienza, the loudmouthed osu that promise to leave nairaland and make it crumble, so you had to hide behind a new handle cos of shame. Lolzzz. I saw your pics the other day and had to pity you. Chaii 3 Likes |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 9:31am On Sep 15, 2016 |
RockHard: Was really expecting a better reply. I guess I was stupid for thinking you can provide any, other than the same falsehoods that had been debunked over and over again here. Dude, you are boring. |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 9:36am On Sep 15, 2016 |
hundredhunndred: Keep shouting Pazienza all over the place. Dude never claimed to be Mr handsome or Bill Gates. Had always maintained that he is an average looking Igbo man hustling on the streets of Enugu to make an honest living like the other millions of Igbo people out there. Why exactly you are sniffing at his pics and life Data can only be psychoanalysed as a manifestation of psychotic disorder. |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Subbway101: 9:54am On Sep 15, 2016 |
hundredhunndred: Lolzzz. So that ID is that Pazienza guy. The boy was making mouth then that he will leave nairaland, the shameless coward had to create another to continue his foolishness. Na wa o 3 Likes |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Subbway101: 9:56am On Sep 15, 2016 |
Igboid: Shut up jor. Were you not part of those " I have mansion everywhere". So you are one malnourished and jobless kid roaming the street cos of poverty. The guy have exposed you and you now changing story. Shame on you. |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by Igboid: 10:10am On Sep 15, 2016 |
Subbway101: Lol! Never knew it was this bad for you lots. You now see pazienza in every Igbo man out to debunk your lies. |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by juman(m): 10:15am On Sep 15, 2016 |
See south westerners deceiving themselves. South west contributes slums. |
Re: The South-West contributions to Nigeria's economy and other myth-busting facts by obaaderemi: 10:31am On Sep 15, 2016 |
Igboid:Cant u see you ve lost this battle?even all ur bros don run comot.dont u worry,u live 2 fight anoda day.pls,enough |
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