IamAtikulate:
IGR = Taxes

Anambra is a tax haven, in case you don't.

Again, SE leaders are more economically sound than their SW counterpart.

For instance, Alex Otti recently said that "Taxes are government share of the prosperity it creates."

Do you really understand what that means?

Have you wondered why SE Governors, especially Abia and Anambra keep lowering taxes?

You won't understand because you guys suck at economics.

Keep celebrating IGR which is not an economic indicator while your debts keep mounting.

You claim to generate the highest IGR in the country yet SW has the highest debt ratio.

It doesn't make sense.

If Anambra State government is tax-obsessed like Ogun and SW Governors, only Onitsha Main Market will generate the whole if whatever IGR Ogun gets.

You are making noise because of 120 billion.

FYI, 12 million daily transaction happens at Onitsha Main Market. The market annual transactions sits at around $3 billion, with 40% of this circulating as unbanked transaction.

You can verify these claims with a simple Google search.

If Anambra government taxes just 1% of these transaction, it'll generate $30 million annually, which is approximately 21 billion naira.

If government taxes 5%, it'll generate 105 billion from the market alone.

But Anambra has 48 markets.

So, trade and commerce in Anambra can generate more than Ogun IGR.

If you are underrating trade, then look at the evidence below.

Trade is the third largest component of Nigerian GDP, far ahead of manufacturing

IamAtikulate:
IGR = Taxes

Anambra is a tax haven, in case you don't.

Again, SE leaders are more economically sound than their SW counterpart.

For instance, Alex Otti recently said that "Taxes are government share of the prosperity it creates."

Do you really understand what that means?

Have you wondered why SE Governors, especially Abia and Anambra keep lowering taxes?

You won't understand because you guys suck at economics.

Keep celebrating IGR which is not an economic indicator while your debts keep mounting.

You claim to generate the highest IGR in the country yet SW has the highest debt ratio.

It doesn't make sense.

If Anambra State government is tax-obsessed like Ogun and SW Governors, only Onitsha Main Market will generate the whole if whatever IGR Ogun gets.

You are making noise because of 120 billion.

FYI, 12 million daily transaction happens at Onitsha Main Market. The market annual transactions sits at around $3 billion, with 40% of this circulating as unbanked transaction.

You can verify these claims with a simple Google search.

If Anambra government taxes just 1% of these transaction, it'll generate $30 million annually, which is approximately 21 billion naira.

If government taxes 5%, it'll generate 105 billion from the market alone.

But Anambra has 48 markets.

So, trade and commerce in Anambra can generate more than Ogun IGR.

If you are underrating trade, then look at the evidence below.

Trade is the third largest component of Nigerian GDP, far ahead of manufacturing

ibechris:



Tell them.

The level of youths cultism and unemployment alone in Lagos is a testament that,IGR doesn't work. Let them tell us another thing.

blamingthedevil:
INTERNALLY GENERATED REVENUE, TOP 3 PER ZONE

NORTH CENTRAL
1 FCT: ₦124.37bn
2 Kwara: ₦35.76bn
3 Nasarawa: ₦19.28bn

NORTH EAST
1 Bauchi: ₦25.47bn
2 Borno: ₦19.06bn
3 Gombe: ₦13.60bn

NORTH WEST
1 Kaduna: ₦58.09bn
2 Kano: ₦42.51bn
3 Sokoto: ₦23.62bn

SOUTH EAST
1 Anambra: ₦33.97bn
2 Enugu: ₦28.69bn
3 Abia: ₦20.11bn

SOUTH SOUTH
1 Rivers: ₦172.82bn
2 Delta: ₦85.90bn
3 Edo: ₦47.46bn

SOUTH WEST
1 Lagos: ₦651.15bn
2 Ogun: ₦120.58bn
3 Oyo: ₦62.25bn

#StatiSense

https://twitter.com/StatiSense/status/1729237717165207781

How about top three most indebted states How I wish you guys celebrate infastructures in top three states in your region than celebrating taxes that your leaders embezzling, only in Nigeria Southwest people are celebrating IGR, while their states are nothing to write home about, kindly update us most indebted region in Nigeria

blamingthedevil:
INTERNALLY GENERATED REVENUE, TOP 3 PER ZONE

NORTH CENTRAL
1 FCT: ₦124.37bn
2 Kwara: ₦35.76bn
3 Nasarawa: ₦19.28bn

NORTH EAST
1 Bauchi: ₦25.47bn
2 Borno: ₦19.06bn
3 Gombe: ₦13.60bn

NORTH WEST
1 Kaduna: ₦58.09bn
2 Kano: ₦42.51bn
3 Sokoto: ₦23.62bn

SOUTH EAST
1 Anambra: ₦33.97bn
2 Enugu: ₦28.69bn
3 Abia: ₦20.11bn

SOUTH SOUTH
1 Rivers: ₦172.82bn
2 Delta: ₦85.90bn
3 Edo: ₦47.46bn

SOUTH WEST
1 Lagos: ₦651.15bn
2 Ogun: ₦120.58bn
3 Oyo: ₦62.25bn

#StatiSense

https://twitter.com/StatiSense/status/1729237717165207781

Bestmanfornow:


How about top three most indebted states How I wish you guys celebrate infastructures in top three states in your region than celebrating taxes that your leaders embezzling, only in Nigeria Southwest people are celebrating IGR, while their states are nothing to write home about, kindly update us most indebted region in Nigeria

Kapeter:
The IGR doesn’t work? How does it not work. If perhaps the population of Lagos is 25 million today, Yoruba population should be about half of that while population from the rest of Nigerian migrants takes other half. So who are the unemployed and cultist? Everyone. And how does this concern IGR by the way? Whenever it doesn’t favor ibos it’s always to shalaye but whenever it favors ibo it is to brag about it. You lots are not just primitive but at the same time demented. 😹😹

blamingthedevil:
Boosting internally generated revenue (IGR) is crucial for Nigerian state governments to achieve fiscal independence. This can be achieved through effective taxation systems, improving business environments to attract investments, and reducing dependency on federal allocations. A focus on economic diversification and innovative revenue-generation strategies can contribute to financial sustainability, reducing reliance on political rhetoric about regional independence.