investnow2013:
AKPAKA ONITSHA

horsepower101:


I can't wait to see more pictures of akpaka. That area is booming.

Obdk:




a 30000 capacity stadium need just 5 games or activities to surpass conference centre.

benefits of stadium far out weigh conference centre.


fc Ifeanyi ubah Stadium is 18000 capacity.

the gate fee is 300 they play match thr every 2weeks

they dont always fill the stadium. but against the top teams they fill d stadium. they fill the stadium everytime they play champions league they hike gate fee to 500 for star matches



rohjenny games village oba.

is a sports complex football pitch swimming pool track and board games. hotel

Nnewi united is using the football pitch 4 thr Nigeria national league games. this is a private business

mktinsight:


Is that why more convention centers are springing up than stadiums? Sport is only profitable because of TV rights and advertising not gate fees.

maiunguwar:
@, please,which contractor is handling that nengo bridge?

Obi1kenobi:


Akwa Ibom state government generate faaaaar greater revenue from oyel money derivation than Anambra and run a far bigger annual budget. They, Delta, Rivers and Bayelsa can afford to waste money on white elephant, unproductive ventures. Anambra cannot. And should not. Abuja's stadium is a mess. The National Stadium in Lagos which I pass everyday is a mess where destitutes live. These facilities gulp state money rather than generating revenue and fall into decay. Why would you want to saddle the state with such a burden. It seems driven more by vanity than any practical purpose.

Obdk:


it cost more to build a stadium than a conference center..


common sense should tell u dis.


gate fee from a stadium surpass whatever u gain from conference center.

stadium re also let for other events besides church.


build a 40,000 capacity stadium let me see if phyno davido psquare ll not shut it down

mktinsight:


A 40,000 stadium with 4 events every month even if filled to capacity at average gate fee of 500 naira will yield 960 million a year. For a stadium costing 30 billion it will take over 30 years to cover it's cost and you haven't even talked about operations and maintenance.

A 5000 multi space capacity conference center on the other hand will cost roughly around 1-3 billion naira but it will host at least 50-100 events a year yielding well over 300 million a year. It would pay itself back within a 10 year period. Moreover a conference center brings in a more sophisticated group of people including international guests. How many business gurus or technical experts will go to Uyo to watch the Super Eagles play?

Anambra needs to be hosting national and international events if it has any hopes of transforming itself beyond a primitive trading economy. When you have national bankers, lawyers, doctors, oil and gas entrepreneurs, engineers, writers attending conferences in Anambra the state shows it is open for business and it's creating opportunities for organizations and multinationals to setup offices, branches and factories in the state. You don't get that level of economic activity from a stadium.

maiunguwar:
@, please,which contractor is handling that nengo bridge?

mktinsight:


A 40,000 stadium with 4 events every month even if filled to capacity at average gate fee of 500 naira will yield 960 million a year. For a stadium costing 30 billion it will take over 30 years to cover it's cost and you haven't even talked about operations and maintenance.

A 5000 multi space capacity conference center on the other hand will cost roughly around 1-3 billion naira but it will host at least 50-100 events a year yielding well over 300 million a year. It would pay itself back within a 10 year period. Moreover a conference center brings in a more sophisticated group of people including international guests. How many business gurus or technical experts will go to Uyo to watch the Super Eagles play?

Anambra needs to be hosting national and international events if it has any hopes of transforming itself beyond a primitive trading economy. When you have national bankers, lawyers, doctors, oil and gas entrepreneurs, engineers, writers attending conferences in Anambra the state shows it is open for business and it's creating opportunities for organizations and multinationals to setup offices, branches and factories in the state. You don't get that level of economic activity from a stadium.

Obdk:


so what stops the stadium from hosting 50 -100 events in a year
you create events to utilise the stadium. thats common sense.


Nigeria super eagles will play against athletico Madrid at uyo stadium dis may. tell me what conference centre can pull such crowd.
i remember wen pastor chris was using lagos stadium for his ministry.

your submission doesnt make sense at all. u can still build a conference center while hosting stadium also.

the games village Ifeanyi ubah is building ll also host a conference center...

mktinsight:


Your math is wack. 4 events a month is 48 events a year. That's almost 50 events that you used as your baseline. I doubt that Uyo or Lagos Stadium hosts that many events.

Then a typical football game viewer spends 20 times less than.a conference attendant. Meaning that a 1,000 person event at Eko Convention Center reaps exactly the same revenue as 30,000 people watching football at Uyo Stadium. Meanwhile the stadium costs 10-20 times that of the Convention Center.

Stnomso:


it doesn't matter. having at least one standard stadium in Anambra state is not a bad idea. take note. Anambra is one of the richest and list indebted state in Nigeria. so I believe they can handle it. The state is not as poor as you think

Stnomso:


it doesn't matter. having at least one standard stadium in Anambra state is not a bad idea. take note. Anambra is one of the richest and list indebted state in Nigeria. so I believe they can handle it. The state is not as poor as you think

stanluiz:
has anambra international market oba completed ?

We need updates and photos.

Xander85:


We need updates and photos on many things actually. Like the refinery; the airport; the conference centre; all those real estate developments for which MOUs were signed; the hotel Ifeanyi Uba is building next to his stadium; the completed Agulu Lake Hotel (let's see how far with the landscaping, rooms and lobby); etc.

We don't have that many pics of developments in Nnewi by way of companies, hotels and real estate/mansions.

Also, can someone tell us how the coffers of Anambra state is benefitting from the oil and gas exploitation they say is ongoing at the moment?

stanluiz:
has anambra international market oba completed ?

We need updates and photos.

Xander85:


We need updates and photos on many things actually. Like the refinery; the airport; the conference centre; all those real estate developments for which MOUs were signed; the hotel Ifeanyi Uba is building next to his stadium; the completed Agulu Lake Hotel (let's see how far with the landscaping, rooms and lobby); etc.

We don't have that many pics of developments in Nnewi by way of companies, hotels and real estate/mansions.

Also, can someone tell us how the coffers of Anambra state is benefitting from the oil and gas exploitation they say is ongoing at the moment?

Dremca:
Also the International marketing being built at Isiagu.

post=67504092:

The Isiagu market is where they want to relocate Eke Awka market to

Dremca:
This was the headline from ABS website, "Anambra Signs MOU For 118Millon Dollar Ultra Modern Market Project With International Firm" http://www.absradiotv.com/state/8281-anambra-signs-mou-for-118millon-dollar-ultra-modern-market-project-with-international-firm

asha80:
has worked started there?