JeetKuneDo:
The biggest real estate companies in the country are also owned by Yorubas

Adron
Propertymart
Sparklight Properties
Revolution plus property
Persianas
Cadwell
Jide Taiwo
Primrose
Primewaterview
Sujimoto
Gibraltar

Mr. Olotu is the Managing Director of Dees Travels & Tours Ltd, responsible for planning, managing and controlling structures of the organization which operates from its five locations with each interdependently related. He holds an advanced diploma in Ticketing & Reservation (IATA) Switzerland and a diploma in human resources management from the University of Lagos.

He has attended several courses and seminars related to travels and tourism within and outside the country. He has over two decades of experience in the travel industry, serving in different capacities before putting up his experience and knowledge together to form Dees travels and tours limited in the year 2000.

He was the vice president of National Association of Nigerian Travel Agency (NANTA) 2008 -2012 and he is presently the president of SKAL Club International for the second term and he is a member of Institute of Directors.

The Bridge Clinic was established in Lagos in 1999 by CEO, Dr Richard Ajayi. We are the flagship clinic of The Bridge Clinic Group and we remain the most advanced fertility clinic in the country. The Bridge Clinic Lagos was the first fertility clinic in Nigeria to complete over 5 000 IVF treatment cycles; achieve and maintain .

deomelllo:
[s][/s]





All your ibo threads are rubbish full of rubbish and recycled and repetitive nonsense.



This thread is strictly about Businesses, industries, wealth and education, not silly village rubbish you people post all over the place.


You copied and started your own thread in response to this thread, but after recycling and repeating the same worthless pictures including stolen business and projects, you abandon the thread because you ran out of meaningful posts.

PrecisionFx:



Yorubaland 3rd economy in Africa??

U must be high on animal dung

iblawi:


South West contribute about 50% of Nigeria's economy and I guess that was why he made such claims.

Only Egypt and South Africa have GDP higher than half of Nigeria's GDP in Africa. Algeria is close to half too sha.

PrecisionFx:





""South West contribute about 50% of Nigeria's economy""


Proof pls

iblawi:


I can't post PDF file here

iblawi:


I can't post PDF file here

PrecisionFx:





""South West contribute about 50% of Nigeria's economy""


Proof pls

14:


Currently SA is the biggest economy in Africa, R4.660trn/11.65 = $400bn economy.
Nigeria is 2nd biggest with N100.00trn/305 = $327bn or N100.00trn/360 = $276bn. depending on which exchange rate you use. SA has been the biggest for the past 4 months, but your leaders wont tell you that.

14:


Currently SA is the biggest economy in Africa, R4.660trn/11.65 = $400bn economy.
Nigeria is 2nd biggest with N100.00trn/305 = $327bn or N100.00trn/360 = $276bn. depending on which exchange rate you use. SA has been the biggest for the past 4 months, but your leaders wont tell you that.

PrecisionFx:



How does this nonsense u write up there mean that SW contributes 50% of Nigeria's GDP?

Are u well?

PrecisionFx:



How does this nonsense u write up there mean that SW contributes 50% of Nigeria's GDP?

Are u well?

mercyville:




Nigeria: One Country Four Economies Discussion Points
By
Falalu Bello, OFR
abumoha1978@yahoo.com


v I thank my friend and Junior brother, Mr. Sam Nda-Isiah, for inviting me to speak at this important forum on what to do to reverse de-industrialization in Northern Nigerian. When the invitation was extended to me, I asked of the topic I am to speak on and I was not given any. All my brother wanted me to do at this Conference is to set the tone for the experts invited to do justice to the topic under discussion. My role therefore is not to talk of how industrialists are to access funds from the banking system nor even to talk on such general issues as the importance of finance to industrialization:



v I have been invited to contextually put Northern Nigeria amongst other regions in Nigeria and could easily have compared Northern economy and its Southern Counterpart. I have chosen not to go this route because, I want us all to see that geography, history and the Obasanjo administration and its reform agenda have created four (4) fairly distinct economies in Nigerian. We as Northerners need to appreciate where our economy currently stands amongst other economies in Nigeria so as to appreciate the kind of race we have to run if we are to remain relevant in Nigeria.



v On the basis of ownership and/or control of resources that make for economic development, post-Obasanjo Nigeria in terms of strength could easily be categorized into 4 economies as follows:



a) South West Economy;

b) South East plus Delta Economy;

c) Northern Economy; and

d) South South minus Delta Economy



v The four economies mentioned above are fairly distinct with each growing at its own pace. The South Western economy is growing at a faster rate than all followed by South East plus Delta economy whilst those of the North and South South minus Delta could at best be described as stagnant. A simple analysis of these four economies is given below:-



a) South West Economy

South Western Nigeria with a Land Mass of 76,852 square kilometres and population of 25.2 million today owns and/or control 60% of the nation’s industrial capacity, 44% of banking assets, 67% of insurance assets and is house to the nation’s three deep sea ports of Apapa, Tin Can Island and Roro; the busiest international airport of Ikeja, three thermal stations of Egbin, Papalanto and Omotosho. Today, its three major industrial estates of Agbara, Ikeja and Otta are all linked to gas under the West African gas pipeline plan and piping of gas is ongoing from Otta to Abeokuta. Added to these, the South Western population today is the most educated as western education came through there and education as a resource was democratized since the early sixties. Geographical location, democratization of western education, availability of resources enhanced in last 9 years and some empowerment during the Obasanjo administration have collectively enabled the South Western economy to rank as first of the four economies in Nigeria. Today, the South West as a region can boast of having a defined growing middle class and is perceived to have at least 20,000 of its indigenes with net worth of over N100m each. Take it out of Nigeria, the South West economy with is defined growing middle class and resources, will be one of the fastest growing economies in the world.


b) The South-East plus Delta

The South Easterners plus their cousins across the Onitsha bridge control commerce in all parts of Nigeria and are thus largely employed. The region has clusters of small scale industries around Nnewi and Aba. The banking consolidation has assisted these people to now have ownership and or control of over 50% of Nigerian banking assets. It also controls 21% of the nation’s insurance assets and 20% of industrial assets. With this development, this region which has not had a commanding control over Nigerian economy will certainly begin to do that now. Commercial activities backed by finance can only grow the economy of South-East plus Delta. The growing strength of financial muscle of this region has been aptly demonstrated by the recent licensing of Micro Finance Banks. Of the over 600 MFBs recently licensed by the Central Bank of Nigeria (CBN), Anambra State alone had 74 whilst Yobe State had 1, Sokoto 5, Zamfara 6, etc. There exists also in this economy a middle class which will now grow itself in number and financial muscle and will almost certainly grow its economy inclusive particularly of small and medium sized industrial base.


c) The Northern Economy

The North which geographically is 719,435 Square Kilometers or 79% of Nigeria’s landmass and has 75 million or 53.6% of Nigeria’s population has its economy as a consequence of various reforms introduced, been totally grounded. Today, the North has ownership and/or control of no more than 3% of banking assets and 2% of insurance assets and 10% of industrial assets. True, the North has a huge landmass but this has remained under exploited due to jettisoning of time tested policies of price support (as a result of abolishing of marketing boards without putting alternatives) and abandonment of extension services and quality control. Also, the North has a huge population but the population has remained largely uneducated and/or half educated because of near failure of governance in certain States and Local Governments. Currently its most distinguishing characteristic is grinding poverty. Recent poverty statistics indicate that the poverty level of States in the North has been on the increase in the last 9 years and reached over 80%. Its two commercial and industrial nerve centers (Kano and Kaduna) have seen industrial capacity utilization decline to an all time low of less than 10%. The textile, automobile and beverages companies that thrived so impressively in the 1970s and 1980s have collapsed rendering thousands jobless. Although hydroelectricity is generated at Kainji Dam and in lesser quantities at Shiroro Gorge and at several smaller sites, the entire mechanisms are run on very obsolete equipment and the performance is consequently very epileptic and unsuitable for meaningful economic activity.


d) The South South minus Delta

The South South is largely in the creeks of Niger Delta and has therefore a small land mass of only 48,321 square kilometers and is populated by 13.6 Million people. Notwithstanding the fact that it is house to Nigerian Oil wealth, this region exclusive of oil company activities like the North is also backward economically. It controls no more than 3% of banking assets, 10% of insurance assets and no more than 10% of industrial assets on account of oil related industries that the indigenes do not control. Furthermore, its overstretched land mass has suffered considerable degradation and its aquatic life destroyed. As a region, its people and economy are worst off than the North as it lacks fresh environment, water and even good air to breath.


v Geography, history and particularly the reform agenda of Obasanjo’s regime have created above very dangerous economic structure in Nigeria. By design or by accident Northerners and South Southerners as peoples and regions have been made third and fourth class citizens. We may well choose to ignore these happenings and pretend that they have not happened but doing so will be at the peril of the Nigerian Polity. It is indeed in the interest of the South Westerners and the South Easterners for some affirmative actions to be taken to redress the situation else there will be no real peace in this country moving forward. The so called “religious disturbances” in the Northern States and the Port Harcourt conundrum of kids of less than 15 years carrying guns and terrorizing the population will not stop until these imbalances are consciously addressed and redressed. As the saying goes “where the poor does not sleep because of hunger, the rich too will not sleep because of robbery”.


v To complement whatever redress may be agreed to by the polity to help the grinding poverty and unemployment in the North and South South economies we the peoples of these regions need to also help ourselves as nobody will develop our regions for us. I see this Conference as one of the avenues that my be used to chart a course for the North. Undoubtedly, reviving collapsed and collapsing industries and building new ones will help. To be able to achieve these and grow the Northern economy, we MUST:



a) Democratize education by making it available to all our brethren in both quantity and quality. The system we are to evolve must include the “almajirai” and urban poor that cannot be wished away. There is indeed a correlation between education and development and it is only by educating our youth that they can begin to be productive and by so doing, we shall grow the middle class needed to sustain economic growth;


b) Consciously fight corruption and theft of government resources at all levels. So long as thievery continues to be perpetrated by Northern elites in government unchecked, so long we shall continue to drift further from the promised land. Furthermore, continuous thievery as we are witnessing in our recent history is preventing the emergence of a credible leadership in the North. We have in recent past had enough resources in our States and Local Governments to revert the ugly social trends in our Northern Society but the resources were and are being stolen;


c) Demand of the Federal Government for the development of energy sector in other areas as done to South West. For the North, this could be achieved by fast tracking the construction of Gembu and Zungeru Hydro Power Stations and upgrading of Kainji Stations by putting more turbines as well as extending the gas pipeline from Ajaokuta to Kano via Kaduna with a tee off at Funtua and Gusau so as to service existing industries and encouraging the emergence of others;


d) Demand for the moderation of certain policies of previous administrations which ruined Northern economy as implementation of undiluted market oriented reforms as we have seen do not bring about human development. Furthermore, any policy by any Government which hurts majority of its people no matter how good need be reexamined. Government should all be about improvement of the welfare of its citizens and not pauperizing them.


e) Make agriculture an economically viable activity as it is the only way that we can use in making our people have purchasing power to support any industrial rebirth as whatever is produced must be sold and for it to be sold, it needs a population that has purchasing power. Agriculture need to be made viable within the shortest possible time by:


i) Supporting price of agricultural produce by reintroducing price and quality support as done by the defunct Marketing Boards; and
ii) Improving yield of farmers through extension services, use of good seeds and the research results lying on the shelves of our research institutes nationwide.




f) Erect on the gas pipelines to be laid jointly with our Governments and other Nigerians, at least three Urea plants in Kogi, Niger and Kaduna States as a means of making fertilizers available to our peasant farmers at affordable prices. Such a move will make available to our farmers fertilizers at no more than half of their current prices without any subsidy and the subsidy could go to its area of most need, price support.

g) To ameliorate the negative consequences of not having banking industry in our region, urgently work with our States and Local Governments to create in the next two years, 9 regional banks as follows which would ensure that all the Local Government headquarters in the North have bank branches in the next 4 years.


S/No. States to Cover Headquarters

1 Kaduna/Katsina Katsina
2 Kano/Jigawa Jigawa
3 Sokoto/Kebbi/Zamfara Sokoto
4 Borno/Yobe Damaturu
5 Yola/Taraba Yola
6 Bauchi/Gombe Bauchi
7 Benue/Plateau Makurdi
8 Nassarawa/Niger Lafia
9 Kogi/Kwara Ilorin


Additionally, our rich businessmen should be urged to set up as many unit banks as possible to complement the regional banks.


v Finally, distinguish ladies and gentlemen, one would want to humbly suggest on industrialization that our focus in the immediate future should be on small and medium sized industries that are to process for local or export markets, agro allied products. My choice for small and medium sized industries is informed by the fact that they require less capitalization to set up and also less energy and skill to run. Processing of agro allied products will impact positively on growth of agriculture, the mainstay of Northern economy. For now and until we move as a community from agriculture to industry, our growth economically is tied down to agriculture.



I do hope the above views and suggestions will help discussants and participants alike in analyzing the declension into which the entire Northern Region has been plunged over the last couple of decades. I hope this Conference will also set in motion a process of economic revival in the entire North and I sincerely commend Leadership for organizing this Confab.


http://www.gamji.com/article6000/NEWS7879.htm

PrecisionFx:



Which useless website is this

Gamji? Common bring real link.

mercyville:


Make your research and disprove it if you can.These are veritable verified facts.

PrecisionFx:



Stop yarning dust. What's there to verify in someone's useless website.

Bring link from vanguard or punch or premium times. Anyone can write anything in their blog or personal website.





Lagos GDP was 91 billion dollars in December 2016.

mercyville:





I told you to make your research as I thought you are a little literate but it seems otherwise.
Okay,read this:

How Lagos emerged fifth largest economy in Africa

ON NOVEMBER 27, 2016

By Mike Ebonugwo


Lagos State governor, Akinwunmi Ambode, is certainly no stranger to televised interviews having featured in several before and since being elected into office. But when the governor appeared as a guest in the live recording for the maiden edition of Lagos Global on TV, it certainly elicited more than passing curiousity and interest. With an improvised studio setting inside the Lagos House Alausa Ikeja venue of the programme recording, Ambode was for over two hours virtually at the mercy of the television crew and the presenter as he responded to different questions while a studio audience, drawn mainly from the business sector, cheered or applauded as the interview session progresed. Apart from the governor, the recording programme also featured as a guest, Professor Ademola Abass, the Special Adviser to the Governor, Office of Overseas Affairs and Investment.



For the duo it was another opportunity to speak and further educate Lagosians, and indeed Nigerians, on what the administration is doing to realise its vision of creating an investment-friendly Lagos State, especially under the auspices of the Office of Overseas Affairs and Investment which the governor established May last year in fulfillment of one of his election promises. Governor Akinwunmi Ambode (middle) with Prof. Ademola Abass (right) and Presenter, Temitope Oluseyi Oshin (left) during the maiden edition of Lagos Global on TV at the Banquet Hall, Lagos House, Ikeja. Remarkably this is not a one-off opportunity as viewers will have the opportunity to hear and learn more, through the Lagos Global TV, of the numerous investment opportunities that exist in Lagos and what the government is doing to promote investment by creating the enabling environment. The new television programme, which will run for 26 weeks, will, for now, air on Television Continental, TVC, and Lagos Television, LTV. Explaining the consideration that informed his decision to establish of the Office of Overseas Affairs and Investment, Governor Ambode said one of his priorities was to see “how to improve on the ease of doing business in Lagos and I also believe that we needed to carry out some kind of public sector reforms to drive the vision which we had actually set for ourselves and we needed to also have a kind of structure and institutional framework that would drive the vision.



The vision is very simple: we want a safer, cleaner and a more prosperous Lagos and one of the structures would be if we want to tackle the issue of bureaucracy in the civil service. And without actually competing with the Federal Government, we needed to find a place where our foreign investors, foreign business men will come in without going from one ministry to the other, … we needed to have a 24/7 one-stop shop office where we can drive investment, especially where our businessmen can actually walk into and get everything that they need. In going about that, we decided to come up with the office of Oversees Affairs and Investment, otherwise known as Lagos Global. It is designed to serve as one-stop shop to facilitate local and international investments.” On his part, Abass informed that the TV programme to run every week is intended to help Lagosians know what the state government is doing in terms of how it is driving and generating investments and creating job opportunities. He added that though it will be showing for now on TVC and LTV, “by the grace of God by next year we will add another one or two channels” and will retain the current format of studio audience participation. He explained that in the matter of ranking Lagos and Kano are critical, with Lagos having the edge. He buttressed this by informing that Lagos was recently pronounced the fifth largest economy in Africa. “So, it’s no longer a guess work; that means if Lagos today were to be country, we’re the fifth largest economy in Africa,” he said, adding that it presently has a Gross Domestic Product that is bigger than those of Kenya and Ghana combined. With regards to Lagos Global, he had this to say: “Primarily our focus or aim is to drive investment. As a government we have no business running business. Our business is to create an enabling environment for the the private sector to partner with government. “Lagos Global aims to ensure that investors who desire to invest in Lagos enjoy a seamless and hurdle-free experience. At Lagos Global, we aim to provide first-class service delivery to investors, right from the point of initial enquiry down to the setting and running of businesses in Lagos State.




Our goal is to eliminate difficulties with multi-agency handling of investments”. Providing the background to this arrangement, Ambode had explained: “We are running on a tripod of security, job creation and improvement of infrastructure. If Lagos is safe, more businessmen will do business and more investments will come to Lagos, thereby creating more jobs and growing our Gross Domestic Products”. He added that the state was willing to partner with investors who would add value to the people. According to him: “…Our administration has resolved not to be the sole driver of the public enterprise, but rather be an enabler, facilitator and regulator, while the private sector drives the economy. Our focus therefore is a win-win scenario where the private sector makes profitable returns on investment and the government continues to focus on providing quality and improved public services to the citizenry in partnership with the private sector”. Lagos State Governor, Mr. Akinwunmi Ambode, with former Deputy Governor, Central Bank of Nigeria (CBN), Mr. Tunde Lemo;Chairman, West Africa, Rendeavour, Mr. Rotimi Oyekanmi and former Secretary to the State Government, Princess Aderenle Ognsanya during the Launching of the maiden edition of an Educative TV series: Lagos Global on TV at the Banquet Hall, Lagos House, Ikeja, on Thursday, November 3, 2016. Waxing optimistic on account of the positive results already recorded, he said this became possible through the reforms already carried out, especially in the judicial and security sectors. “…It is gratifying that the modest and concerted efforts are yielding positive outcomes as the state economy has continued to expand rapidly with top-notch local and foreign investors making new commitments in bus services, retail outlets and hotels, amongst others. We have been having the rule of law properly upheld in the state in the last 16 months and when you put all the reforms together, that is the main thrust of what you can now say confidently that we have created an enabling environment for investors and they are now coming into Lagos in droves.



The FDI(foreign direct investment) that we have attracted into Lagos in the last 16 months is greater than what we have been having in the last 10 years.” Responding to a question from a member of the studio audience, the governor said: “Primarily, our business is to create enabling environment for business to thrive. We can sometimes waive some charges like land charges, depending on how impactful the investment is to the people of the state. This administration has deployed technology to bring about seamless service delivery while scaling up the identity card scheme for data, economic and financial planning. “But, we need infrastructure to make it happen. We are limited by resources and we cannot increase taxes, but with more funds from taxes, we can do better. The N25 billion Empowerment Trust Fund is not for big investors but SMEs and the youth. Our ID card project will be for planning and accessing government services. The contract has been awarded. However, we need to know the real census figure of the state as well as those going in and out of the state. “There is no government money anywhere. What we get as tax is what we use to create services.


The more efficiently we collect the taxes, and the more willingness of the people to pay, the better for us. I urge investors to see Lagos is on the rise and the future of Nigeria rests in her commercial capital, which is Lagos”. He also stated that reforms in the transport sector have reduced travel time, thereby making Lagosians more productive. “Again, our civil service has been very responsible. Our judicial sector reform has been effective with the rule of law respected. Investors are coming in droves…,” he said. Responding to a question on the prevailing poor energy situation, he pointed out: “We need energy security to protect the investment. But we’re not in position to drive our energy need. But we’re discussing and collaborating with the DISCOs to come up with a new roadmap and have set up an advisory council on petroleum supply. I don’t want to pre-empt that council; in another few weeks they will come out with their report. Energy security of our economy is the way to go”.

Read more at: https://www.vanguardngr.com/2016/11/lagos-emerged-fifth-largest-economy-africa/

PrecisionFx:


Can u point out where it was said that SW owns 50% o Nigeria GDP

PrecisionFx:


Can u point out where it was said that SW owns 50% o Nigeria GDP

mercyville:

It is 60% not 50%.Shine your eyes and use your head,it is not there for decoration..

PrecisionFx:






Point it out!!

mercyville:


This sums it up and this thread should be a more eye opener to the discernibles.

) South West Economy

South Western Nigeria with a Land Mass of 76,852 square kilometres and population of 25.2 million today owns and/or control 60% of the nation’s industrial capacity, 44% of banking assets, 67% of insurance assets and is house to the nation’s three deep sea ports of Apapa, Tin Can Island and Roro; the busiest international airport of Ikeja, three thermal stations of Egbin, Papalanto and Omotosho. Today, its three major industrial estates of Agbara, Ikeja and Otta are all linked to gas under the West African gas pipeline plan and piping of gas is ongoing from Otta to Abeokuta. Added to these, the South Western population today is the most educated as western education came through there and education as a resource was democratized since the early sixties. Geographical location, democratization of western education, availability of resources enhanced in last 9 years and some empowerment during the Obasanjo administration have collectively enabled the South Western economy to rank as first of the four economies in Nigeria. Today, the South West as a region can boast of having a defined growing middle class and is perceived to have at least 20,000 of its indigenes with net worth of over N100m each. Take it out of Nigeria, the South West economy with is defined growing middle class and resources, will be one of the fastest growing economies in the world.

PrecisionFx:


And where is the verified news paper link?


Ur Sahara reporters link talks about IGR amd not GDP. Are u having sense mix up?

And the top IGR is just Lagos, other Yoruba states are still village like .

mercyville:


Continue to wallow in ignorance,poverty and pain while Yorubaland becomes the first economy in Africa.
Meanwhile:

Adiat Disu
Founder, Adirée and Africa Fashion Week New York
www.africafashionweekny.com/



Adiat Disu is the Founder of Adirée, a New York-based communication and brand strategy company. After noticing the absence of African designers at the Mercedes Benz Fashion Week New York, Disu decided to do something major about it. In 2009, she launched Africa Fashion Week New York (AFWNY) as a platform to showcase Africa’s booming fashion industry to the world. Today, AFWNY is one of the biggest fashion events focusing on African fashion outside of Africa. As a brand strategist, Disu’s biggest aim is to rebrand Africa by promoting Africa’s luxury goods and services. She is working on taking Africa Fashion Week to other major fashion cities including Paris, London, Milan and Tokyo.

PrecisionFx:




African fashion week website as a proof that Yoruba economy brings in 60% of Nigeria's GDP .

Ijaya123:



You are surely wallowing in ignorance, poverty and pain over Yoruba trail-blazing achievements and giant strides.

PrecisionFx:




African fashion week website as a proof that Yoruba economy brings in 60% of Nigeria's GDP .