Nigeria Rising; A powerful example no other country has replicated.

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Claudio Steuer writes;

Nigeria flared 25 bcm of gas in 2000 and reduced 71% by 2020 to 7.2 bcm while producing 2 million bpd during this period. LNG effectively converted a wasted resource into $130bn $130bn in 20 years. A powerful example no other country has replicated.
 
According to OPEC, EIA, and The World Bank data, between 2012-22, Nigeria reduced gas flaring by 45% and flaring intensity by 14% - the best performance. /02/

Re: Nnolim Nnaji’s Nigeria Air

Nigerians are an incorrigible lot, inveterate pessimists, the lots of them. You’d find enough misgivings and mistrusts in the Nigerian system to drown the most sanguine of minds, minds of good cheer. /01/ I’d tell you for a paltry price: Nigeria’s most virulent adversaries are within its borders, huffing and puffing at every seeming infraction, contrived or not.

I digress. /02/

Nigerian Minimum Wage And A Bucketful of Nigerian MeloDrama

Before some of us become a little flighty with ‘Minimum Wage’ disparities between Nigeria and a few other countries in the comity of oil exporters, we must cotton on to the simple fact; that… /01/ … the ‘Mininum Wage’ of a country is not affixed arbitrarily —with the flippant whip of a magic wand, especially —it must be predicated upon certain corporeal economic indices; especially, by matching the parities between … /02/

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“No Man’s Land?”

60 LAGOS TOWNS AND THEIR YORUBA FOUNDERS.

1.Isheri Olofin - Olofin Ogunfunminire and his retinue from Ife before moving on to Ebute Metta and Iddo.

2.Iddo Island - Olofin Ogunfunminire (See above) 3.Lagos Island/Eko - Aromire, son of Ogunfunminire. Iduganran was the site of a pepper farm (Ereko or Oko).

4.Iru/Victoria island - Oniru Origefon traditionally part of the idejo land owning children of Ogunfunminire

Please, make out time to read;

“Lagos is a No Man’s Land”: Origin and Truth

The claim that Lagos is a "no man’s land" is a controversial and contested topic. Lagos, a city located in southwestern Nigeria, started out as a fishing village, called Eko. /01/ Its inhabitants and settlers were the Yoruba people. Over time, the area grew and attracted traders from neighboring regions, including the Binis who conquered the area in the 16th century, and European explorers, leading to the establishment of a thriving port city. /02/

Before The Lies!
Compare And Contrast

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The PDP, under Mr Goodluck Jonathan, borrowed $53billion in 5 years; averaging $10.06billion a year.

Contrastingly, the APC, under Mr Muhammadu Buhari, has only borrowed $30.35billion in 7 years; averaging $4.33billion a year. /01/ The PDP - availed with approx. 60% more funds from borrowing - had almost zilch in infrastructure to show for their inordinate, voracious borrowing. /02/

Nigeria: The Giant Of Africa!

As of 2022, Africa had only 7 Unicorns - Startups worth over a $1 billion). Of the 7 Unicorns, Nigeria has 5.

Reprised below is the top 10 list of African nations with the most number of startups, as at Dec 2022. /01/ 1) Nigeria 🇳🇬: 3,360
2) Kenya 🇰🇪: 1,000
3) South Africa 🇿🇦: 660
4) Morocco 🇲🇦: 523
5) Ghana 🇬🇭: 522
6) Mauritius 🇲🇺: 392
7) Tunisia 🇹🇳: 333
8) Rwanda 🇷🇼: 250
9) Egypt 🇪🇬: 200
10) Tanzania 🇹🇿: 159

/02/

Nigeria We Hail Thee!
The Giant Of Africa

List of the top 8 African cities with the most developed startup ecosystems.

1. Lagos, Nigeria 🇳🇬: According to the report, Lagos has jumped 41 places to 81st globally and is the first African city to break into the top 100 /01/ 2. Cape Town, South Africa 🇿🇦: 1st nationally, Cape Town has decreased by two spots to 147th globally but has moved up to the 2nd highest ranked city in Africa at the expense of Nairobi. /02/

Naira Redesigning And A Fated Election: A Nation Under Siege. A Thread.

Beyond the run-of-the-mill boohoos and the usual hubbubs, the Naira redesigning is a forward step in the apposite direction. /01/ Howbeit, as with politicians and their intemperate ambitions, any lofty idea can be hijacked to serve a sinister purpose, at the steepest costs to the ordinary Nigerian. It wouldn’t rattle their sleeps, in the least, not even one measly nightmare. /02/

Nigeria, The Giant Of Africa; A Thread

List of the top 30 largest companies in West Africa by market capitalization. - Dec 31, 2022.

1) Dangote Cement - $9.6 billion 🇳🇬 Nigeria
2) MTN Nigeria - $9.4 billion 🇳🇬 Nigeria
3) BUA Cement - $7.1 billion 🇳🇬 Nigeria 4) BUA foods - $2.53 billion 🇳🇬 Nigeria
5) Orange-CI - $2.5 billion BRVM
6) SONATEL - $2.4 billion BRVM
7) Nestle Nigeria - $1.8 billion 🇳🇬 Nigeria
8) Zenith Bank - $1.6 billion 🇳🇬 Nigeria

Dear Mr President,

Protect Your Legacy, Posterity Would Find You Worthy. A Thread

Expectedly, in the build up in any election year, glib permutations, wanton recriminations, their attendant caterwauling are dime a dozen; /01/ … every Tom, Dick and Mariah could be heard posturing as a self-elected pundit, a fine expert in the art of “Winning Elections, Landslide.”

Who knew?! /02/

Ajaokuta Steel And A Fester Of Sleaze: A Thread

// President Muhammadu Buhari Has Just Fully Paid The $496m Settlement Claims To Global Steel Holding Limited To Reclaim Ajaokuta Steel Mill To Nigerian Government. // /01/ When we pen it, in legible print, to folks, how the pitfalls of the past would always, like dark ominous clouds, plague our progress as a nation even in the present and well into the foreseeable future, they bellow partisan fumes, saying “the past is passed, let it rest.” /02/

Interesting Read;

// In 2014 Angola was one of Africa’s fastest-growing economies with the GDP of US$145 billion.

When the price of crude oil crushed in 2014, the GDP plunged to US$62 billion. /01/ Today the country is recovering from the recession, and the latest GDP figures stands at US$72 billion. //

The above, I am certain, wouldn’t elicit any panoply of reactions from the usual quarters; the known Nigerian traducers. /02/

Nigeria We Hail Thee!

No African nation gets the tag ‘Developed’. All the 54 nations, in Africa, are either ‘Developing’ or ‘Underdeveloped’, with 21 of them considered ‘Developing’.

Here is a list of African nations consistently considered as Emerging Market Economies; Definition; ‘Emerging Market Economies’ are economies that are partly developed, but not fully developed economies. /02/

America! Oh America!

41 mass shootings in the first 3 weeks of January 2023!

Can America just, without breaking her stride, own up to the fitting epithet ‘Failed State’? Lax gun laws and a growing gun running industry, should hand that country the much bandied cognomen, easily. 68 mass shootings just in the month of June of 2022 - over 30,000 gun deaths a year - is, without mincing words, an unprecedented new high. With this, it is near simmering point. /02/

Peter Obi’s Chatham House Fiasco:

Mr Peter Obi needs to shove it with this ‘Messianic Complex’, he must put final paid to his colorless diatribes, spewed at every availed opportunity. Where facts are willfully upended for shock value, to garner short term applauses. /01/ Then, when we dial up pressure on him and his minions, to furnish with indefatigable facts, they’d call on the Hosts of Heaven, playing the victim card. We should have known, fib peddlers, like Mr Peter Obi, would only want witnesses from Heaven. /02/

Re: US Senate Halts Nigeria’s $800m Arms Deal. A Thread

Some people might posit that, had I known the disconcerting pitfalls in Nigeria’s journey to greatness, I might not have been so chirpy, so sanguine about the future. /01/ Thankfully, for persons in my class, it’s no pain, no gain; the bigger the challenges, the bigger the victory. We’d tarry with it, no waning, neck and neck. Nigeria will survive, in the face of all assaults, within AND without. /02/

How Sad!

Question: Have you been to Nigeria? What was your experience?

A Ghanaian: I went to Nigeria twice, to Lagos and Abuja. I only saw good roads, amazing people and tremendous developments. When I returned to Ghana and tried to explain these to my Nigerian friends… /01/ … they disagreed with my assessment and rather alleged that my positive opinion could be due to the places I visited or the shortness of my stay.

Such classlessness. /02/

Great News:
Nigeria Rising!

Here are top 10 facts you didn’t know about the new Dangote Oil Refinery.

It has been a long 7 years! The Dangote Oil Refinery has finally been completed. It will be commissioned by President Muhammadu Buhari on the 24th of this month (January) 2023. 1 - The Dangote Oil and Petrochemical Complex is a 650,000 BPD oil refinery. It is the largest single train oil refinery on the planet, the largest in Africa, the 7th largest oil refinery in the world.

If you are tired of Nigeria, read this; What a reveal!

We may never stint on a row about what democracies confer on countries vis-a-vis economic prosperity and national growth. Howbeit, all that polemic pales into insignificance seeing what Nigeria has achieved with an unpunctuated 23 years stretch of democratic rule.

Nigeria, We Hail Thee!
African Super Power

The Largest Producers In Africa Series;

1) Largest producer of copper - Zambia 🇿🇲

2) Largest producer of Coal - South Africa 🇿🇦

3) Largest producer of Diamonds - Botswana 🇧🇼

4) Largest producer of Gold - Ghana 🇬🇭 6) Largest producer of fertilizer - Nigeria 🇳🇬

7) Largest producer of ships, boats - Nigeria 🇳🇬

8) Largest producer of cars - South Africa 🇿🇦

9) Largest producer of rice - Nigeria 🇳🇬

10) Largest producer of cocoa and the largest in the world - Ivory Coast 🇮🇪