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Post by Honorebu on Aug 17, 2016 14:04:02 GMT
Niiiiiice! Low-key we're already getting prepared. 1 million cocoa trees.
I'm sure more people will go into it once they realize there is actually money in it
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Post by omohayek on Aug 17, 2016 20:51:22 GMT
Nice video! How on earth do you find these things? One thing I particularly like about the video is that it points out something I've mentioned on here more than once: that one of our biggest comparative advantages is the relative youthfulness of our labor force, especially by comparison with other parts of the world. China's working population has been aging so fast that it's now actually starting to shrink, which is forcing Chinese labor costs up. Then there's also the fact that we speak English, are in or close to the same time zones as most of Western Europe, and are much closer than China, Korea and Japan to both Europe and North America's east coast. This presents a gigantic opportunity for the countries whose leaders are able to recognize it. Unfortunately I don't see Buhari, with his obsession about "fighting" corruption above all else, as such a leader. A Nigerian president with a clue would make it one of his highest priorities to understand why the Ogun FTZ has been so slow to take off, and go out of his way to try to remove the obstacles. I'm willing to bet that transport issues are probably the biggest problem, followed by the cost of power - the unit costs of the FTZ will still be relatively high, even if they can at least guarantee themselves 24-hour supply.
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Post by omohayek on Aug 17, 2016 20:57:28 GMT
Funny enough, this Ogun-Guangdong ftz was supposed to be sited in Imo state but we no know wetin happen There's really no mystery here, except perhaps in the minds of delusional Igbos. Why would the Chinese bother setting up shop in a landlocked region where kidnapping is rampant, Biafran agitation is always in the air, the home market is relatively small, and the closest decent port is on the other side of the River Niger? Doing business in Ogun you have access to the most well-off population of consumers in Nigeria, you're close to the ports of Lagos, and you don't have to worry about all sorts of agitators stirring up a violent reaction from the FG. TLDR: the FTZ is in Ogun for the exact same reasons why even supposedly "proud" Igbo businessmen prefer to setup their industries in our region rather than their own.
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Post by Honorebu on Aug 17, 2016 21:10:26 GMT
Nice video! How on earth do you find these things? One thing I particularly like about the video is that it points out something I've mentioned on here more than once: that one of our biggest comparative advantages is the relative youthfulness of our labor force, especially by comparison with other parts of the world. China's working population has been aging so fast that it's now actually starting to shrink, which is forcing Chinese labor costs up. Then there's also the fact that we speak English, are in or close to the same time zones as most of Western Europe, and are much closer than China, Korea and Japan to both Europe and North America's east coast. This presents a gigantic opportunity for the countries whose leaders are able to recognize it. Unfortunately I don't see Buhari, with his obsession about "fighting" corruption above all else, as such a leader. A Nigerian president with a clue would make it one of his highest priorities to understand why the Ogun FTZ has been so slow to take off, and go out of his way to try to remove the obstacles. I'm willing to bet that transport issues are probably the biggest problem, followed by the cost of power - the unit costs of the FTZ will still be relatively high, even if they can at least guarantee themselves 24-hour supply.The internet is a beautiful thing. I have too many sources of information. Did you just get the notification? The emboldened is very correct. I don't even know how these guys are coping but at the end of the day, they know the FTZ has potentials. Another good news is that Amosun secured more investments to the zone during his trip to China www.vanguardngr.com/2016/04/amosun-attracts-1-2bn-chinese-investments-ogun/
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Post by Honorebu on Aug 17, 2016 21:15:17 GMT
Funny enough, this Ogun-Guangdong ftz was supposed to be sited in Imo state but we no know wetin happen There's really no mystery here, except perhaps in the minds of delusional Igbos. Why would the Chinese bother setting up shop in a landlocked region where kidnapping is rampant, Biafran agitation is always in the air, the home market is relatively small, and the closest decent port is on the other side of the River Niger? Doing business in Ogun you have access to the most well-off population of consumers in Nigeria, you're close to the ports of Lagos, and you don't have to worry about all sorts of agitators stirring up a violent reaction from the FG. TLDR: the FTZ is in Ogun for the exact same reasons why even supposedly "proud" Igbo businessmen prefer to setup their industries in our region rather than their own. Apt! The Chinese guys pulled out because the communities proved difficult .They were dealing with many agents who made multiple demands on them, including threats. This was as far back as 2008 ooo not to talk of 2016 lol Speaking of Igbo businessmen, Erisco has his factory in Ogun state, Iheanacho is planning to site his refinery in Lagos
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Post by Honorebu on Aug 17, 2016 21:19:10 GMT
Too much politics
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Post by omohayek on Aug 17, 2016 21:29:59 GMT
There's really no mystery here, except perhaps in the minds of delusional Igbos. Why would the Chinese bother setting up shop in a landlocked region where kidnapping is rampant, Biafran agitation is always in the air, the home market is relatively small, and the closest decent port is on the other side of the River Niger? Doing business in Ogun you have access to the most well-off population of consumers in Nigeria, you're close to the ports of Lagos, and you don't have to worry about all sorts of agitators stirring up a violent reaction from the FG. TLDR: the FTZ is in Ogun for the exact same reasons why even supposedly "proud" Igbo businessmen prefer to setup their industries in our region rather than their own. Apt! The Chinese guys pulled out because the communities proved difficult .They were dealing with many agents who made multiple demands on them, including threats. This was as far back as 2008 ooo not to talk of 2016 lol Speaking of Igbo businessmen, Erisco has his factory in Ogun state, Iheanacho is planning to site his refinery in Lagos No wonder the black Israelites are so sympathetic to the pipeline saboteurs - they have the same short-term "settle me" mentality. Why encourage investment that will secure large numbers of jobs in your region and teach your workforce useful skills, when you can squeeze one-time payoffs from foreigners by threatening violence? And then they have the nerve to blame the lack of FDI in their region on "marginalization"!
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Post by Honorebu on Aug 17, 2016 21:37:26 GMT
Speaking of pipeline saboteurs, they seem to have mellowed down in recent times. I don't know why lol omohayek , have you noticed that? Anyway sha, it seems we've all gotten used to the low allocations .We in the SW have moved on. Once the FAAC thing can be reviewed, then the likes of Ogun state won't have to depend on FAAC anymore RMFAC just approved Lagos's 13% derivation and 4 oil wells We're getting there and I LOVE IT!
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Post by omohayek on Aug 17, 2016 22:06:52 GMT
Speaking of pipeline saboteurs, they seem to have mellowed down in recent times. I don't know why lol
omohayek , have you noticed that?Anyway sha, it seems we've all gotten used to the low allocations lol .We in the SW have moved on. Once the FAAC thing can be reviewed, then the likes of Ogun state won't have to depend on FAAC anymore RMFAC just approved Lagos's 13% derivation and 4 oil wells We're getting there and I LOVE IT! I have indeed. Now that it looks like Buhari is willing to "dash" them their cut, they've dropped all the nonsensical demands they were screaming about to the media. A smarter man than Buhari would let these blackmailers have their dough in the short term, while working in the long term to undermine them by giving the ND masses real benefits like decent schools, paved roads, drinkable water, etc. - all the things their governors and even "their son" Jonathan never bothered to provide. It's a good thing that we're starting to wake up to the fact that the old days of living off federal allocations are probably over for good. We can finally start to detach ourselves from all the SE/SS madness and build the foundations for real industrial takeoff, so one day we can laugh at all the "our oyel" crowd in the same way developed countries without oil (e.g. Switzerland and Japan) consider Saudis, Kuwaitis and other gulf Arabs as nothing more than religiously fanatical savages who were merely lucky enough to be born on top of oil fields. The world is moving away from oil, and if researchers can some day get sustainable nuclear fusion to work, all the flashy Arabs who throw their cash around in London and Paris will be scrambling to find camels to ride like their forefathers - and at least those forefathers had some idea of what it meant to work, unlike your typical useless, pampered, lazy modern Saudi or Kuwaiti. The tragedy of the ND folks is that they have a lot less oil than the Arabs, and yet have to share the revenue from it with a lot more people; they will never even get to enjoy the comfortable lifestyle that the gulf Arabs are temporarily enjoying.
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Post by Honorebu on Oct 23, 2016 18:18:56 GMT
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Post by Ogbeni Ogunnaike on Oct 23, 2016 18:25:54 GMT
lol
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Post by omohayek on Oct 24, 2016 19:30:14 GMT
I can't wait to see what idiotic spin the usual suspects will give this news on Nairaland!
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Post by Honorebu on Oct 24, 2016 19:39:39 GMT
I can't wait to see what idiotic spin the usual suspects will give this news on Nairaland! Actually, it's fairly old. It was released early this year. I just stumbled upon it yesterday. No one here has posted it on NL but one thing they all admit is the fact that the SW is the no 1 destination for FDI What they console themselves with is the most "indigenous" industrialized You hear questions like... "how many of those industries are owned by Yoruba"Awon Oniranu
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Post by Ogbeni Ogunnaike on Oct 24, 2016 21:53:32 GMT
^^ Awon Onirase dede. I have posted it on NL before.
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Post by Short_Biscuit on Jan 18, 2017 20:25:44 GMT
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