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As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget - Politics (4) - Nairaland

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30 States Risk Bankruptcy As Lagos, Rivers Set For New VAT Regime / After Selling Assets, FG May Sell Nigerians As Slaves To Fund Budget - Afenifere / FG Can’t Fund Budget 2018 Unless Assets Are Sold, Says Ministers (2) (3) (4)

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Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Lionnation: 10:59am On Dec 12, 2021
Even bayelsa the oil producing ijaw state is in the rank with that of jigawa, as poor as church rat. Poorverty is truely in the mind

3 Likes

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by yorubakid: 11:01am On Dec 12, 2021
Ayomi90:

They don't need to boast, u know the truth, Igbos don't have IGR, we all know that and there is records that shows that.
Nobody is arguing with you..those that have should use it and change their brown roofs and end the end hunger in their region that have turned them to skull miners and head hunters cheesy

2 Likes

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Bluntemperor: 11:12am On Dec 12, 2021
kettykings:


Lagos has a very high debt profile of more than N500b , which has lingered since the time of Tinubu without getting liquidated . I don't see how Lagos can get loans or other means of funds to fund N1.38T budget, my check on previous lagos budget shows that they did not materialize. And was not above 75% budget performance.

But it is worth the effort to get state funded very well like they are trying.

Well said,bro!
Why are the Governors,Fed.Govt and their cronies use Budget as padding tools and a non-perfomance instruments of deceiving the Public, afterall a budget is an estimate of receipt of income and the expenses to follow!
When Nigeria was still virbrant, especially in the days of Soleye etc, quarterly Expenses and Income are rendered to the Public but gone are those days as Big wig Politicians have amassed humongous wealth and some governors are richer than their States through budget non-performance accumulations!
It is the Masses that suffered the consequences as more Money Money goes down the drain!
Even most of the Federal Agencies-MDA's have failed this litmus-Budget -Performance Test,too and so,how do you measures their performances? The Legislatures, both in Federal and States are just looking on ' sidon de look' Corruption is real here!
Too Shameful!

1 Like

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Igboid: 11:15am On Dec 12, 2021
Newton85:
Na you sabi. Just don't cry about "discrimination" or "propaganda" when next your inferior IGR and VAT are exposed.

IGR figures can be manipulated for propaganda and empty chest thumping.

But you can't manipulate not being able to fund your budget. grin
You either can fund it or you can't.

No room for propaganda. grin

6 Likes

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by chiefobdk2: 11:18am On Dec 12, 2021
SmokedWhiskey:
Is Anambra in a better off position than Akwa Ibom or even Kano? I seriously doubt it; This is one of those write ups that dances around in circles without saying nothing ; That you are able to fund your budget without borrowing does not necessarily mean you are in a better off position than those that borrowed. Some states are investing heavily in strategic infrastructure so In the interim their books may be in the red. You cannot argue that a man earning 5k a month who has not taken any loans , is better off than a man earning 500k a month who owes one million. Yes we know that several states cannot stand on their two feet, nothing new there.
; if however you must paint a picture of which states are doing well, let us compare for each state what the total revenue from federal allocation is, the IGR, the debt burden and the revenue to debt ratio and we can go from there, this would had served as a much better basis for comparison.

After all you long epistle and trash. Anambra is ahead of kano and Akwa ibom. In all indices of development...

10 Likes 2 Shares

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by stasius: 11:18am On Dec 12, 2021
Great Anambra! The best state.

God bless Anambra!

11 Likes 1 Share

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Anambra1stSon(m): 11:18am On Dec 12, 2021
SmokedWhiskey:
Is Anambra in a better off position than Akwa Ibom or even Kano? I seriously doubt it; This is one of those write ups that dances around in circles without saying nothing ; That you are able to fund your budget without borrowing does not necessarily mean you are in a better off position than those that borrowed. Some states are investing heavily in strategic infrastructure so In the interim their books may be in the red. You cannot argue that a man earning 5k a month who has not taken any loans , is better off than a man earning 500k a month who owes one million. Yes we know that several states cannot stand on their two feet, nothing new there.
; if however you must paint a picture of which states are doing well, let us compare for each state what the total revenue from federal allocation is, the IGR, the debt burden and the revenue to debt ratio and we can go from there, this would had served as a much better basis for comparison.
Outside oil Akwa Ibom is far below Anambra in economy, Kano is below Anambra state

11 Likes 1 Share

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by richmanrichard: 11:19am On Dec 12, 2021
JaroMan:

So What happened to those states with higher IGR and VAT than Anambra state? Even with lower budget, they will still depend largely on FG allocation to meet up with the provisions of their budget.
So what changed?
kano
to be precise.i knew they lied when d fedral government came out with that fake news that kano generated more vat than anambra.if they did, how come they cant fund their budget?

3 Likes 1 Share

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Nobody: 11:20am On Dec 12, 2021
Anambra e get why i love that state ....... e just get why

8 Likes 1 Share

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by athaboi(f): 11:20am On Dec 12, 2021
favor914:
Restructure what? A Failure will always find an excuse for their failure, You have a National Assembly, it is their duty to give you a new framework for your country, if you truly so desire.
do I have your time! It seems you are part of the thieves benefits from Nigeria politics bcoz they will always refer us to their fellow thieves in national assembly where it's impossible to get justice bcoz all of you are thieves will never want anything to change bcoz without Nigeria politics, your businesses has crumbled...don't worry one day na one day! Keep referring it to the impossible national assembly
Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Nonexisting: 11:21am On Dec 12, 2021
SmokedWhiskey:
[s]Is Anambra in a better off position than Akwa Ibom or even Kano? I seriously doubt it; This is one of those write ups that dances around in circles without saying nothing ; That you are able to fund your budget without borrowing does not necessarily mean you are in a better off position than those that borrowed. Some states are investing heavily in strategic infrastructure so In the interim their books may be in the red. You cannot argue that a man earning 5k a month who has not taken any loans , is better off than a man earning 500k a month who owes one million. Yes we know that several states cannot stand on their two feet, nothing new there.
; if however you must paint a picture of which states are doing well, let us compare for each state what the total revenue from federal allocation is, the IGR, the debt burden and the revenue to debt ratio and we can go from there, this would had served as a much better basis for comparison[/s].
Trash

3 Likes

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by RodgersAkpafu: 11:22am On Dec 12, 2021
Maxymilliano:
If there is true federalism, every State in the Niger Delta should be able to meet up with the required fundings.
Even with the current system
they can fund their budgets
They just like the rest of the country are just mentally lazy

2 Likes 1 Share

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by richmanrichard: 11:22am On Dec 12, 2021
JaroMan:

So What happened to those states with higher IGR and VAT than Anambra state? Even with lower budget, they will still depend largely on FG allocation to meet up with the provisions of their budget.
So what changed?
kano
to be precise.i knew they lied when d fedral government came out with that fake news that kano generated more vat than anambra.if they did, how come they cant fund their budget? something anambra has been doing effortlessly for years without external help.all d norther states depend heavily on the fedral government

2 Likes

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by richmanrichard: 11:25am On Dec 12, 2021
Igboid:

IGR figures can be manipulated for propaganda and empty chest thumping.
But you can't manipulate not being able to fund your budget. grin You either can fund it or you can't.
No room for propaganda. grin
you said it all

1 Like

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Anambra1stSon(m): 11:25am On Dec 12, 2021
Simeonjoe1:


Well I guess you didn't read the article.
It's about who can found the budget conveniently. The budget proposed for anambra is about 148b and that of ogun state and Delta is almost twice. Which means it's easier for anambra to fund theirs since it's lesser. You'll well agree that if their propose budget is about 150bn both state will be able to meet up.
Most states in southwest always publish huge figures for budget at the end nothing to show,why budgeting amount you know you can't fund

5 Likes 1 Share

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Cj4charles(m): 11:25am On Dec 12, 2021
Imo State is on a long thing

2 Likes

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by RodgersAkpafu: 11:26am On Dec 12, 2021
Nonexisting:
Our supreme court governor is busy praising Buhari for leading him and his godforsaken family right, not Nigerians like he claimed. Amadioha will soon kill the bleaching idiot since HIV is wasting time.
Huh?
Are you alleging Uzodinma has HIV?
Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Newton85: 11:26am On Dec 12, 2021
Igboid:


IGR figures can be manipulated for propaganda and empty chest thumping.

But you can't manipulate not being able to fund your budget. grin
You either can fund it or you can't.

No room for propaganda. grin
Everything that doesn't favor you is manipulated. I don hear you, mkpuru mmuri genius.
Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Anambra1stSon(m): 11:28am On Dec 12, 2021
Igboid:


IGR figures can be manipulated for propaganda and empty chest thumping.

But you can't manipulate not being able to fund your budget. grin
You either can fund it or you can't.

No room for propaganda. grin
Most state governors falsify their IGR to be able to deceive international and local lenders to access more loan

5 Likes

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by majamajic(m): 11:30am On Dec 12, 2021
chiefobdk2:



There is oil now ooo

They have not started marketing , they are not getting oil revenue from FG yet

Ok , where's Abia and Ondo that's collecting oil revenue from FG now for over 20 yrs ? Where are they ?

4 Likes

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by richmanrichard: 11:31am On Dec 12, 2021
Simeonjoe1:


Well I guess you didn't read the article.
It's about who can found the budget conveniently. The budget proposed for anambra is about 148b and that of ogun state and Delta is almost twice. Which means it's easier for anambra to fund theirs since it's lesser. You'll well agree that if their propose budget is about 150bn both state will be able to meet up.
u lied
Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by richmanrichard: 11:33am On Dec 12, 2021
SmokedWhiskey:
Is Anambra in a better off position than Akwa Ibom or even Kano? I seriously doubt it; This is one of those write ups that dances around in circles without saying nothing ; That you are able to fund your budget without borrowing does not necessarily mean you are in a better off position than those that borrowed. Some states are investing heavily in strategic infrastructure so In the interim their books may be in the red. You cannot argue that a man earning 5k a month who has not taken any loans , is better off than a man earning 500k a month who owes one million. Yes we know that several states cannot stand on their two feet, nothing new there.
; if however you must paint a picture of which states are doing well, let us compare for each state what the total revenue from federal allocation is, the IGR, the debt burden and the revenue to debt ratio and we can go from there, this would had served as a much better basis for comparison.
u are confused to admit the truth

1 Like

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Yankee101: 11:43am On Dec 12, 2021
States reduce their IGR so when money is stolen it won't show in any books
Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Jomonix: 11:44am On Dec 12, 2021
Maxymilliano:
If there is true federalism, every State in the Niger Delta should be able to meet up with the required fundings.

Not true. With true federalism the rate of profligacy in these states will just increase. Their lot will worsen or remain the same. What drives development is vision, love of people. It is not the amount of money available for spending
Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by wallrichy: 11:49am On Dec 12, 2021
Most states fraudulently inflated their budgets. Some are repetition budgets while some are just elusive and aren't meant to be implemented. Most states in the North aren't planning to implement most of their budgets especially by the insecurity in their domain but will quickly copy some other progressive states like Lagos, Rivers etc.....to pretend that they have plans for their people for the coming year. Come to think of it....is it your people that have always stay in IDP camps you are planning for or those that has ran to Niger Republic and Cameroon that you are making infrastructures for.....or probably the infrastructure is meant for Boko Harams.....that's the North anyway, however in the South, most states that are turning out bogus budgets aren't serious, large chunk of this budget goes straight into private pockets.....channel to offshore devils accounts for themselves and their family. Nigeria is wealthy but most of the wealth aren't been made available to the welfare of the masses but to the enjoyment of the less than 3% of the greedy looters and imbeciles we called Politicians, Leaders, Rulers.....Can't pray to God again to help this country....I know that God is tired of that prayer point.....High time, we the people stood up and take the wheel of direction and purpose of this nation in our hands and steer her to progress or else these smelling, maggots ridden, decaying and walking corpse politicians like Tinubu, Buhari, Orji Kalu, etc......will completely wrecked this dragging ship we call Nigeria and am so sorry, No one will escape except those stupid people mentioned above calling themselves leaders.....They really have nothing to loose cos they have always enjoyed their loots up till now and the little lives remaining for them in this world is less than 10 years whereas the stored or looted treasury in offshore accounts can buy this country several times.....

1 Like

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by globemoney01: 11:52am On Dec 12, 2021
kenbee:
Gov Peter Obi's legacy still lives on years after his tenure as Anambra State governor.
I know an unfortunate fellow will give the credit to Obi. Anambra IGR under Obi was 500 million monthly, if Obi was still governor with such meager IGR, Anambra would have been among states that can fund their budget so the credit here goes 100 percent to Obiano. The best thing that happened to Anambra

1 Like 1 Share

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by Ayomi90: 11:52am On Dec 12, 2021
yorubakid:

Nobody is arguing with you..those that have should use it and change their brown roofs and end the end hunger in their region that have turned them to skull miners and head hunters cheesy
Ahah, we know those who are suffering to the extent they now sell their children, we know the hungry ones who now eat their fellow Igbos, two policemen came to mind. We know the billionaires that collect 200 naira and one can malt to vote, we know those wealthy Igbos that collect 1 litre of kerosene, we know the affluent Igbos who sell gala inside hold up in Yoruba land ND they live in 4x4 shops.
Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by globemoney01: 11:54am On Dec 12, 2021
SmokedWhiskey:
Is Anambra in a better off position than Akwa Ibom or even Kano? I seriously doubt it; This is one of those write ups that dances around in circles without saying nothing ; That you are able to fund your budget without borrowing does not necessarily mean you are in a better off position than those that borrowed. Some states are investing heavily in strategic infrastructure so In the interim their books may be in the red. You cannot argue that a man earning 5k a month who has not taken any loans , is better off than a man earning 500k a month who owes one million. Yes we know that several states cannot stand on their two feet, nothing new there.
; if however you must paint a picture of which states are doing well, let us compare for each state what the total revenue from federal allocation is, the IGR, the debt burden and the revenue to debt ratio and we can go from there, this would had served as a much better basis for comparison.
Pile of nonsense. Anambra is doing more infrastructure that Akwa Ibom and other states, Anambra started and completed an international airport in 15 months, plus more projects. Not owing salaries while others are owing, didn’t take FG bailout. What nonsense are you saying

8 Likes

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by MiaBeer(m): 11:58am On Dec 12, 2021
Ok oo. Let other State governors continue to ‘GANDUJE’ their funds undecided

1 Like

Re: As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget by CSTRR: 12:00pm On Dec 12, 2021
That is Peter obi's legacy.

Anambra is not an oil producing state and with no seaport, and yet they are very viable.

But you people say it's tinubu you want.

Okay.

4 Likes

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