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Lagos Is Owing N124b - Politics (2) - Nairaland

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Abia State Is Owing Civil Servants 10months Salary / Why I Am Owing 13 Months' Salary - Okorocha / Attention: Ward 022, Ejigbo Lagos Is Being Rigged (2) (3) (4)

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Re: Lagos Is Owing N124b by lucabrasi(m): 10:58pm On May 20, 2011
lagos is spending as much as its making so its not fair to compare its expenditure to a state like maybe osun state for instance
Re: Lagos Is Owing N124b by jmaine: 11:02pm On May 20, 2011
Eko Ile:

All you're doing is confirming the fact that you have nothing meaningful to share beyond your petty market women rumors.


You are a waste of time,

Thank you Mr Eko Ile . . the emboldened applies to you full time Tinubu arse lickers cheesy cheesy. .
Re: Lagos Is Owing N124b by EkoIle1: 11:10pm On May 20, 2011
jmaine:

Thank you Mr Eko Ile . . the emboldened applies to you full time Tinubu arse lickers cheesy cheesy. .


Meaning we are not going to be getting your facts and evidence to back up your rumors right? So I thought.

D.umb ass internet rumor monger. Get a damn life
Re: Lagos Is Owing N124b by jmaine: 11:15pm On May 20, 2011
Eko Ile:


Meaning we are not going to be getting your facts and evidence to back up your rumors right? So I thought.

D.umb backside internet rumor monger. Get a damn life

All Ramblings with no clue whatsoever . . .abeg, you can now have the last word as usual ala nairaland stylee . .am out to the techie arena . .have fun bruv wink
Re: Lagos Is Owing N124b by EkoIle1: 11:34pm On May 20, 2011
jmaine:

All Ramblings with no clue whatsoever . . .abeg, you can now have the last word as usual ala nairaland stylee . .am out to the techie arena . .have fun bruv wink


Yawnz, I was expecting your facts and evidence, not the same rubbish.


Stop paroling the internet with baseless and unsubstantiated garbage.
Re: Lagos Is Owing N124b by dayokanu(m): 11:54pm On May 20, 2011
Maybe only 2 states were won by Fasholas performance i.e Oyo and Osun

Aregbesola and Mimiko won elections the same time Fashola won, I wonder how Fashola influenced electorates in Osun and Ondo when he was still contesting elections in lagos and no one knew about his abilities except witches who can see into the future.

Thanks to Tinubu otherwise the SW would have been fully in the hands of

OBASANJO and Bode Tewonde George

Lagos- Musiliu Obanikoro
Ogun- Adetunji Olurin
Oyo - Alao Akala
Osun - Iyiola Omisore
Ekiti- Segun Oni/Ayo Fayose
Ondo - Segun Agagu/Jimoh Ibrahim

[size=16pt]THANK YOU TINUBU FOR SAVING US FROM THE MONSTERS NAMED ABOVE[/size]
Re: Lagos Is Owing N124b by Fhemmmy: 12:12am On May 21, 2011
jmaine:

Wrong bro. . Business owners suffers the brunt of taxation and call centers do pay levies as well . .  When i said high monitoring and compliance rate , i meant every word of it . . Even the ewa agoin seller at the road side do have altercation with the LCDA people from time to time . . . I would i agree with the fact that a sizable number of people still do not pay tax but every year, the state government devices new means of mitigating against such vices . . .the alpha consulting firm in charge of collecting tax i must confess are doing a great job in generating enormous internal revenue for the government by nabbing people who refuse to pay taxes and so far so good have been performing well . The carpenter scenario you gave is difficult to monitor but as a carpenter in Lagos working in a shop, ma guy, you will pay. . .  For some business people with no book keeping record, they just bill you exorbitantly and you are forced to go and negotiate what you feel you are suppose to pay, wrong procedure and in some case you pay even higher cos you have no record to prove otherwise. so that forces you to keep maintain a good book keeping record.

Go to any Agbo seller and ask her if she has clashed  with the revenue officers before and you will hear their tale of exorbitant charges they feel were placed on them . . and they paid up somehow just to stay afloat and survive .

The Lagos state data collection system is amazing even though manually generated. .  they seem to have agents all over . .the moment you open a place or anything  . .they are there the next minute to levy you  shocked

Those LCDA or whatever you called them are only acting for them to be able to get some money to take home and feed their own wife and kids, not cos they wanna make money for the state, cos harassing the agonyi beans seller is useless and the call centres that will pay levy woud be the one that has a stand . . . there are so many more that operate out of their own living rooms.

All we are saying though is that for a state like that to be owing only that much . . . . they have done soooo well.
However on the other thought, why should they owe more anyways, cos until fashola's time, there has been zero development in Lagos and the service has been non existing . . . .

I keep asking people the governor before fashola, what was his achievement(s)?
Re: Lagos Is Owing N124b by jmaine: 12:45am On May 21, 2011
Fhemmmy:

Those LCDA or whatever you called them are only acting for them to be able to get some money to take home and feed their own wife and kids, not cos they wanna make money for the state, cos harassing the agonyi beans seller is useless and the call centres that will pay levy woud be the one that has a stand . . .  there are so many more that operate out of their own living rooms.

All we are saying though is that for a state like that to be owing only that much . . . . they have done soooo well.
However on the other thought, why should they owe more anyways, cos until fashola's time, there has been zero development in Lagos and the service has been non existing . . . .

I keep asking people the governor before fashola, what was his achievement(s)?


Well said bruv . . . . . . Tinubu failure to produce could be remotely hinged on the fact that the Federal allocation to Lagos was seized and delayed for years due to his altercation with OBJ for daring to the create of more L.G.A resulting to OBJ seizing Lagos State funds til they reverse to the status quo . . this is understandable cos having funds is a big factor in carrying developmental  projects but the internally generated revenue in Tinubu era was impressive as well  and this was even in his second term ( excuses are slim with this one though). . . Tinubu can also rightly claim to have provided the blue print that Fashola is currently implementing and receiving the accolades which is very correct and factual . . .

But my grouse with Tinubu is that while he had very nice blue print for the state, he lacked the political zeal to carry them out but would rather play politics with them for good eight years but Fashola on the other hand who team ACN fondly call " The Implementer" followed up those laid down plans with zeal,zest,energy, focus and professionalism ,not minding whose ox was gored. And in a few months Lagos was transformed under the visionary and exemplary leadership of Fashola until spanners were thrown into his progress wheels  by in house members themselves . . .

Tinubu is a good political strategist but his imperialistic tendencies favoring politicking rather than sheer developmental processes and pathways is what irks we Lagosians  . .his fight with the PDP forces is good for democracy but don't leverage our development to sponsor that fight , that is what we don't like about the man . .
Re: Lagos Is Owing N124b by EkoIle1: 1:47am On May 21, 2011
jmaine:

Well said bruv . . . . . . Tinubu failure to produce could be remotely hinged on the fact that the Federal allocation to Lagos was seized and delayed for years due to his altercation with OBJ for daring to the create of more L.G.A resulting to OBJ seizing Lagos State funds til they reverse to the status quo . . this is understandable cos having funds is a big factor in carrying developmental  projects but the internally generated revenue in Tinubu era was impressive as well  and this was even in his second term ( excuses are slim with this one though). . . Tinubu can also rightly claim to have provided the blue print that Fashola is currently implementing and receiving the accolades which is very correct and factual . . .

But my grouse with Tinubu is that while he had very nice blue print for the state, he lacked the political zeal to carry them out but would rather play politics with them for good eight years but Fashola on the other hand who team ACN fondly call " The Implementer" followed up those laid down plans with zeal,zest,energy, focus and professionalism ,not minding whose ox was gored. And in a few months Lagos was transformed under the visionary and exemplary leadership of Fashola until spanners were thrown into his progress wheels  by in house members themselves . . .

Tinubu is a good political strategist but his imperialistic tendencies favoring politicking rather than sheer developmental processes and pathways is what irks we Lagosians  . .his fight with the PDP forces is good for democracy but don't leverage our development to sponsor that fight , that is what we don't like about the man . .


First you rightfully admitted that Tinubu didn't have the funds to go after capital projects because OBJ starved the state financially, then you cluelessly flipped it around around saying he lacked the political will to carry them out because of politics.

How do you reconcile both statements?

And what politics was he playing and with who?

What political zeal prevented him from executing projects?

You mean the same financial impediment you admitted to?

Or some money dropped from heaven, but he refused to apply it to capital projects within the state?

Btw, IGR under Tinubu was 600 million against 16 billion under Fashola

And if in fact Alpha Beta belongs to him which is not true anyways, from 600 million to 16 billion today sounds like a great leap and I don't care who's responsible for that jump, but I'll say mega kudos to that outfit for a job well  done. I'll even compensate them handsomely based on what they are bringing in to the state.


Obviously, you see Tinubu in your sleep, I even think you have some kind of infatuation with the man, but get your facts straight and try making sense for a change.
Re: Lagos Is Owing N124b by jmaine: 2:39am On May 21, 2011
Eko Ile:

First you rightfully admitted that Tinubu didn't have the funds to go after capital projects because OBJ starved the state financially, then you cluelessly flipped it around around saying he lacked the political will to carry them out because of politics.

How do you reconcile both statements?

And what politics was he playing and with who?

What political zeal prevented him from executing projects?

You mean the same financial impediment you admitted to?

Or some money dropped from heaven, but he refused to apply it to capital projects within the state?

Btw, IGR under Tinubu was 600 million against 16 billion under Fashola

And if in fact Alpha Beta belongs to him which is not true anyways, from 600 million to 16 billion today sounds like a great leap and I don't care who's responsible for that jump, but I'll say mega kudos to that outfit for a job well  done. I'll even compensate them handsomely based on what they are bringing in to the state.


Obviously, you see Tinubu in your sleep, I even think you have some kind of infatuation with the man, but get your facts straight and try making sense for a change.

My guy will you shut the hell up and move away and let me discuss with people who don't have a warped brain like you . .must you reveal your incessant stvpidity any time you open your mouth. . . did the Oshodis and and their likes that Fashola cleared which ignited so much hatred and bile from the highly influential grassroots electorates in the market women and men towards fashola require so much funds . . .Did the destruction of shanti shops and illegal containers on the streets to keep it tidy and neat, buldozing of houses built on canals even that of prominent members of the public require so much funds . . Fashola undertook numerous problems like that head on which pitted him with the common man and the elites because naturally people will resist change . .but he did it and people said, this is a man that sees a problem and proffers solution than play to the whims and sentiment by soft-pedaling to  those who feel they hold the power during electioneering years . .this are just a few out of the deeds of what Fashola did that never required huge capital but just a will power to move in and solve issues . .my friend learn to engage in a meaningful debate at all times and not always looking for people to engage in fist fights but if  you can't leave your distasteful side to a good discussion just stay the fvck away. .your just irritating atimes. . . Damn !!

The emboldened sounds outrageous and really naive for someone who claims to know so much, maybe you wanted to inform us about Pre Tinubu era . . .learn to be abreast with issues before you speak . .That is a candid advice i will love you to take cos it will do you some good
Re: Lagos Is Owing N124b by EkoIle1: 3:01am On May 21, 2011
jmaine:

My guy will you shut the hell up and move away and let me discuss with people who don't have a warped brain like you . .must you reveal your incessant stvpidity any time you open your mouth. . . did the Oshodis and and their likes that Fashola cleared which ignited so much hatred and bile from the highly influential grassroots electorates in the market women and men towards fashola require so much funds . . .Did the destruction of shanti shops and illegal containers on the street to keep it tidy and neat require so much funds . . Fashola undertook numerous problems like that head on which pitted him with the common man because naturally people will resist change . .but he did it and people said, this is a man that sees a problem and proffers solution than play to the whims and sentiment by favoring those who feel they hold the power during electioneering years . .this are just a few out of the deeds of what Fashola did that never required huge capital but just a will power to move in and solve issues . .my friend learn to engage in a meaningful debate at all times and not always looking for people to engage in fist fights but if  you can't leave your distasteful side to a good discussion just stay the fvck away. .your just irritating atimes. . .

The emboldened sounds outrageous maybe you wanted to inform us about Pre Tinubu era . . .learn to be abreast with issues before you speak . .That is a candid advice i will love you to take cos it will do you some good






Why is it so hard for you to stay focused.

Let's talk about what you highlighted and the rest of my questions and what you asserted.

Don't distract me with all the other nonsense like shanties and if you like, I'll get to that. Just act like you don't have ADD for a minute.

First you rightfully admitted that Tinubu didn't have the funds to go after capital projects because OBJ starved the state financially, then you cluelessly flipped it around around saying he lacked the political will to carry them out because of politics.

How do you reconcile both statements?

And what politics was he playing and with who?

What political zeal prevented him from executing projects?

You mean the same financial impediment you admitted to?

Or some money dropped from heaven, but he refused to apply it to capital projects within the state?

Btw, IGR under Tinubu was 600 million against 16 billion under Fashola .




I just need you to address my questions before running off with you lil hide and seek game. I know what you're doing.


And before alpha beta, who was the tax consultant for lagos state,
Re: Lagos Is Owing N124b by jmaine: 3:14am On May 21, 2011
Eko Ile:


And before alpha beta, who was the tax consultant for lagos state,

Answer =  Adekanola Tax Consultancy firm under Colonel Mohammed Marwa

Eko Ile:


Btw, IGR under Tinubu was 600 million against 16 billion under Fashola .


Your maintaining this confirms you are a fellow who refuses to take corrections and not worth debating with . .this is your own little assignment from me . .go do some research and learn quietly . You owe me that  bruv . please don't shame me by refusing to learn  embarassed embarassed


Eko Ile:


And what politics was he playing and with who?

What political zeal prevented him from executing projects?

You mean the same financial impediment you admitted to?

When am convinced you are ripe for a meaningful conversation and debate ( not aimless arguments) than just being blind in your quest to shield a personality thereby making flimsy declaration . .then we shall have one . . in the absence of that i might decide to ignore you . . Am not those types who will spend a whole day on this land moving in circles  . .

And by the way as a Tinubu staunch supporter you may wish to answer the simple question Fhemmmy asked below


Fhemmmy:

However on the other thought, why should they owe more anyways, cos until fashola's time, there has been zero development in Lagos and the service has been non existing . . . .

[size=14pt]I keep asking people the governor before fashola, what was his achievement(s)[/size]
Re: Lagos Is Owing N124b by EkoIle1: 3:25am On May 21, 2011
jmaine:

Answer =  Adekanola Tax Consultancy firm under Colonel Mohammed Marwa

Your maintaining this confirms you are a fellow who refuses to take corrections and not worth debating with . .this is your own little assignment from me . .go do some research and learn quietly . You owe me that  bruv .



When am convinced you are ripe for a meaningful conversation and debate ( not aimless arguments) than just being blind in your quest to shield a personality thereby making flimsy declaration . .then we shall have one . . in the absence of that i might decide to ignore you . . Am not those types who will spend a whole day on this land moving in circles  . .




Like I said before, you are a waste of time. I was expecting you to stay focused and deal with the issues you raised, not to dodge everything with your silly highlighted rubbish.


Again, stop making claims and spreading rumors that you can not back up.
Re: Lagos Is Owing N124b by OAM4J: 3:46am On May 21, 2011
N128B is less than than $1B.

That is a very comfortable debt for a state like Lagos with Annual GDP in excess of $33B
Re: Lagos Is Owing N124b by BabaO2: 7:51am On May 21, 2011
Because of our lack of understanding and cooperation, and sponsored campaigns against Lagos state by some enemies of developments in Lagos state, lekki - ajah road can put lagos into financial mess if they have not started collecting tolls by now, because huge interest is growing already on the money borrowed for the project
Re: Lagos Is Owing N124b by akintun: 8:09am On May 21, 2011
Lagos debt in the short-term is OK, but i foresee the state having problems in the long term because its bonds are high yield bonds when compared to the developed world. The state revenue shows that more money would have to be borrowed to repay its debt(ponzi scheme). I believe the state would be aggressive in its revenue drive to avoid defaulting on its debt.
Re: Lagos Is Owing N124b by ektbear: 8:16am On May 21, 2011
OAM4J:

N128B is less than than $1B.

That is a very comfortable debt for a state like Lagos with Annual GDP in excess of $33B

GDP is $43 billion+, according to The Economist.
Re: Lagos Is Owing N124b by ektbear: 8:17am On May 21, 2011
akintun:

Lagos debt in the short-term is OK, but i foresee the state having problems in the long term because its bonds are high yield bonds when compared to the developed world. The state revenue shows that more money would have to be borrowed to repay its debt(ponzi scheme). I believe the state would be aggressive in its revenue drive to avoid defaulting on its debt.

Half of the debt is low-interest debt from the World Bank, organizations like that.

Other half is at like 13% or so, iirc
Re: Lagos Is Owing N124b by Nobody: 8:18am On May 21, 2011
The debt doesnt bother. What I need is good roads to drive my SUVs. Electricity to keep my computer on, thats all. Abi na me wan go pay back the loan ? What the Bleep are these morons arguing
Re: Lagos Is Owing N124b by Nobody: 8:42am On May 21, 2011
LeoMax:

The debt doesnt bother. What I need is good roads to drive my SUVs. Electricity to keep my computer on, thats all. Abi na me wan go pay back the loan ? What the bleep are these morons arguing

You must be living in dream world to think that debt doesnt matter, go and ask the US if that matter
Re: Lagos Is Owing N124b by enyojo(f): 8:43am On May 21, 2011
[size=14pt]Pro-Tinubu verses Anti-Tinubu  grin grin grin grin grin

For all I care, without Tinubu in the South-West, it would have been a Wilderness! Tinubu is 100 times a better godfather than Thief Bode George
However, Fashola must be a Man of his own this time around unlike the first term where Tinubu's companies and cronies slowed him down.
Bless God Ikuforiji is been trailed by EFCC![/size]
Re: Lagos Is Owing N124b by jmaine: 9:02am On May 21, 2011
enyojo:

[size=14pt]Pro-Tinubu versus Anti-Tinubu  grin grin grin grin grin

For all I care, without Tinubu in the South-West, it would have been a Wilderness! Tinubu is 100 times a better godfather than Thief Bode George
However, Fashola must be a Man of his own this time around unlike the first term where Tinubu's companies and cronies slowed him down.
Bless God Ikuforiji is been trailed by EFCC!
[/size]

Affirmative ! Lady Enyojo . . .Tinubu titanic tussle with the ruling party is very good for our democracy and should be applauded but thank God you are a fellow with lot's of grasp on the inherent, unwarranted, and antagonistic approach the camp Tinubu slowed Fashola progressive giant strides in the first 18 months of his administration. let's us just wish and hope , they stay out of his way this term so that we the masses can once more feel and savor the good smell of a vibrant, good and purposeful leadership of Governor Fashola . . . God bless Lagos State . . .God bless Nigeria . . .  grin  grin
Re: Lagos Is Owing N124b by Johnpaul2k2(m): 9:32am On May 21, 2011
lagos is owning,nobody is complaining,
if it is GEJ now,
all these BLACK BERRY (BB) BOYS that does not know the value of internet and their uses,
will come here and start writing rubbish!!!!! cool
Re: Lagos Is Owing N124b by jmaine: 9:39am On May 21, 2011
Johnpaul2k2:

lagos is owning,nobody is complaining,
if it is GEJ now,
all these BLACK BERRY (BB) BOYS that does not know the value of internet and their uses,
will come here and start writing rubbish!!!!! cool

Oga Johnpaul2k2, this na about Lasgidi . . abeg no carry GEJ and BB matter come . . .that na for other discussions next time . . .meanwhile how IWP business na  cheesy cheesy . .hope say things dey move on fine  grin
Re: Lagos Is Owing N124b by temmytanny(m): 9:51am On May 21, 2011
Borrowing money isnt big deal afterall many countries of this world(US et al) live on debt. What we want to see is the impact of the money borrowed. Here in lagos, even a blind man can see what is going on.
The French and other European countries that borrowed them these money arent complaining cos they can see where the money is going(infrastructural development)so why are we complaining? I taught lagos debt would have been over 200b with structures am seeing around lagos.

Lagos generates over 600B yearly and if they are owing 124B(less 25%) it isnt too much. US have over $2.4Trillion debt and they are still ruling the world. Lagos will continue to be a living example for others to follow whether bad belle people like am or not.

Fashola is working(dont disturb), ACN is marketing(he dey pain you?) Tinubu is chopping( Can you prove it?) so why cant you all go to your state and force your government to do something.
Re: Lagos Is Owing N124b by temmytanny(m): 10:02am On May 21, 2011
Borrowing money isnt big deal afterall many countries of this world(US et al) live on debt. What we want to see is the impact of the money borrowed. Here in lagos, even a blind man can see what is going on.
The French and other European countries that borrowed them these money arent complaining cos they can see where the money is going(infrastructural development)so why are we complaining? I taught lagos debt would have been over 200b with structures am seeing around lagos.

Lagos generates over 600B yearly and if they are owing 124B(less 25%) it isnt too much. US have over $2.4Trillion debt and they are still ruling the world. Lagos will continue to be a living example for others to follow whether bad belle people like am or not.

Fashola is working(dont disturb), ACN is marketing(he dey pain you?) Tinubu is chopping( Can you prove it?) so why cant you all go to your state and force your government to do something.
Re: Lagos Is Owing N124b by emmatok(m): 10:50am On May 21, 2011
Fashola to open new 10mw power project

By Comfort Oseghale
Saturday, 21 May 2011


As part of efforts to boost economic and social activities within and around Lagos Island, Lagos State Governor, Mr. Babatunde Fashola, will inaugurate the newly built 10 megawatts Island Power Project on Wednesday.


In a statement signed by the governor’s Senior Special Assistant on Media, Mr. Hakeem Bello, the IPP, built to the highest global thermal operating plant standards, will deliver 24 hours uninterrupted power supply to some public institutions located in central Lagos.


“This project will enhance the capability of the Island Maternity and Lagos General Hospital to save more lives in critical emergency situations as the hospitals will from now be served with uninterrupted power supply.


“No fewer than 20 streets in Lagos Island will have their street lights powered by this plant. This will further energise the night economy in the state and enhance security,” the statement said.


Emphasising the immediate, short and long term benefits of the IPP, the statement said, “The tempo of industrialisation will be increased, so also will the general improvement in income and living conditions of the residents on the island.”


As part of its readiness to collaborate with the Federal Government when the privatisation process occasioned by the power sector reform is completed, the state government has opened the first local transformer manufacturing plant on the Badagry corridor.


“This manufacturing plant was built in partnership with an Egyptian firm, Elsewedy Electrical Nigeria. In addition to that, the state government intends to undertake the first state-wide energy audit programme. This will establish the power usage of the people of the state,” the statement said.

http://www.punchng.com/Articl.aspx?theartic=Art20110521410550
Re: Lagos Is Owing N124b by omanzo02: 10:54am On May 21, 2011
@op, chill, N124B (about 770m euros) is not a bad debt profile for an economically viable state like Lagos, They can easily pay back. Little Belgium of about 11million inhabitants has a debt profile over 300 billion euros.
Re: Lagos Is Owing N124b by enyojo(f): 11:11am On May 21, 2011
jmaine:

Affirmative ! Lady Enyojo . . .Tinubu titanic tussle with the ruling party is very good for our democracy and should be applauded but thank God you are a fellow with lot's of grasp on the inherent, unwarranted, and antagonistic approach the camp Tinubu slowed Fashola progressive giant strides in the first 18 months of his administration. let's us just wish and hope , they stay out of his way this term so that we the masses can once more feel and savor the good smell of a vibrant, good and purposeful leadership of Governor Fashola . . . God bless Lagos State . . .God bless Nigeria . . . grin grin

Gbam!!!
Re: Lagos Is Owing N124b by olyivy(f): 11:17am On May 21, 2011
this topic is the right recipe to light up the asrrse hole name eko ile. Just mention fashola and he is up in flames! grin

By the way, only few people here are treating the issue raised on this topic, others are making excuses for fashola.

Im afraid it will get to a point when people can no longer safely cricticize this our govnor for fear of Yoruba almajiri like eko ile.
Re: Lagos Is Owing N124b by enyojo(f): 11:22am On May 21, 2011
FASHOLA SHOULD NOT REDUCE HIS ALREADY BRIGHT CHANCE TO TAKE-OVER FROM GEJ IN 2015 WITH DEBTS O O.
Re: Lagos Is Owing N124b by temmytanny(m): 11:23am On May 21, 2011
olyivy:

this topic is the right recipe to light up the asrrse hole name eko ile. Just mention fashola and he is up in flames!  grin

By the way, only few people here are treating the issue raised on this topic, others are making excuses for fashola.

Im afraid it will get to a point when people can no longer safely cricticize this our govnor for fear of Yoruba almajiri like eko ile.

your statement really amazed me. what has yoruba mentality got to do with this now?

you calling some one asssshole knowing vivdly welll that you have the main hole in the asssssss,

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