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Nairaland Forum / Nairaland / General / Politics / Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria (2065 Views)
Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS / Lagos, Most Indebted State In Nigeria / Sw-most Indebted ,most Broke, One Of The Most Underdeveloped Regions - WHY ? (2) (3) (4)
Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Ofodirinwa: 1:35am On Dec 19, 2015 |
By Ofodirinwa. After hearing the recent plans to borrow more from 'International and National' entities by Finance Minister Kemi Adeosun, this woman's name sparked an unreachable itch of curiosity in my mind. With my marginal experience in Finance, I can even deduce that further borrowing will be scraping viscera from the barren skeletal cadavers in our pocket we call 'The Naira. The cost of living for you will skyrocket as the worth of the naira decrease. After all, nobody knows the rate by which Nigeria imports from the outside world and how much it currently costs to buy imported materials....like fuel. Are we in competent hands? Borrow to save yourself from an economic crisis? How will you repay Ms. Adeosun? Oil? No...that market's dry. Tax?....nope.... ok, how about my favorite 'the returned loot from anonymous looters'. Perhaps that isn't working. So not to get off subject, I wanted to learn more about Kemi Adeosun. I wanted to learn her experiences and story. The ideology or technique in approaching her professional. Certainty if the Vice President of the World Bank could have been such a problem, I'm assuming Buhari opted to higher the President of it right? Well lets look at her credentials. Career 1989-1990 Kemi Adeosun served as an accounting assistant at British Telecom Company, London. (1 year) 1990-1993 She became a Manager of Internal Audit at the same company (4 years) 1994-2000 She worked as an Auditor at Price Waterhouse Coopers, London. (6 years) 2000-2010 Kemi became a Financial Controller at Chapel Hill Denham Management (10 years) 2011-2015 Kemi Adeosun became the Commissioner of Finance of Ogun State, Nigeria Limited. (4 years) Yes. Our very own Ogun state, has had it's finances managed by someone with very extensive experience in the British private sector. Now, I can't speak for her work in the British private sector but given the amount of promotions she got, seems to me that she's a winner. What I can show, thanks to our Freedom of Information Bill, is the financial condition of Ogun State to see how this winner runs a Nigerian race. Behold. According to recent figures released by the Debt Management Office, Lagos has the worst external debt profile out of Nigeria’s 36 states. 1. Lagos State - $1.087 billion 2. Kaduna State - $234 million 3. Cross River State - $131.469 million 4. Edo - $123 million 5. Ogun - $109 million - Debt Management Office, 2015 A serial accountant who's leaning is fixed towards borrowing by edict of her record. An accountant in the seat of an economist. An accountant digging the grave of the Naira to borrow it's shoes. Kemi Adeosun has one solution for where ever she touches. Borrow, when they come back to ask for their money, I'll be working somewhere else. Follow me on twitter @ofodirinwa 4 Likes 1 Share |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Ofodirinwa: 1:39am On Dec 19, 2015 |
[size=30pt]Ogun debt profile stifling development —Ogunleye[/size] http://tribuneonlineng.com/ogun-debt-profile-stifling-development-%E2%80%94ogunleye 2 Likes 1 Share |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Ofodirinwa: 1:41am On Dec 19, 2015 |
[size=30pt]Ogun Clears Air on Purported N200b Loan[/size] http://ogunstate.gov.ng/media-centre-66/ogun-news/493-ogun-clears-air-on-purported-n200b-loan.html |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by madridguy(m): 1:45am On Dec 19, 2015 |
Typing ... |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by DerideGull(m): 1:45am On Dec 19, 2015 |
Ofodirinwa: Per the bolded, she was just "accounting assistant" not even associate accountant and a year later, she was made "Manager of Internal Audit". This is the height of corruption known as cronyism. In fact, bottom power is not far behind in this case. Nigeria is a practical joke. 2 Likes |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Ofodirinwa: 1:47am On Dec 19, 2015 |
After Kemi's Begging Bowl Economics, Lets at Ogun State's ranking in Nigeria's Financial Sustainability List |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Ofodirinwa: 1:50am On Dec 19, 2015 |
DerideGull: LOL I got more, trust me. |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by DerideGull(m): 1:56am On Dec 19, 2015 |
Ofodirinwa: Bros what is actually wrong with most Nigerians? The Muhammadu Buhari was also product of 1962 fraud perpetrated by Tafawa Balewa and NPC. I guess is APC can be termed as "All Politically Corrupt" entity. 4 Likes 1 Share |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by SamJed(m): 3:29am On Dec 19, 2015 |
This country don tire me...tufiakwa 1 Like |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Demmocrats(m): 3:34am On Dec 19, 2015 |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Sibrah: 4:25am On Dec 19, 2015 |
You mean she misled the governor into borrowing, spending and influenced the anticipated source of income(oil earnings) the govt planned to repay the debt with? Common use a brain and save a brother some megabyte. 2 Likes |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Ghandi12: 5:54am On Dec 19, 2015 |
DerideGull: She achieved that feat in United kingdom not Nigeria. Bottom power does not work for 21 years in such nation. 2 Likes |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Ghandi12: 6:15am On Dec 19, 2015 |
Ofodirinwa: No doubt, there are valuable points in questions being raised by those who have reservations for the approach the current government is using in tackling the economy. Nonetheless the economic buoyancy of a state is not necessarily tied to its debt portfolio. Similarly people success in corporate assignment may not be accurately predicted using their core discipline. Akpabio and Fashola are lawyers, by Nigeria standard they remain the most successful Govs in recent time. You have given us debt accrued by Ogun State under the economic direction of Mrs. Adeosun. You know state debt is just one of many economic indices required to analyze economic buoyancy. America remains the world highest borrower yet the world most-powerful nation. # Could you also post what was the IGR of the state before and after Mrs. Adeosun service? # Could you also compare this to other states? # What was her impact on direct investment into the state during her service? # What was the overall infrastructural changes in Ogun state under Mrs. Adeosun's direction? # The state's GDP under Adeosun? Compared to other states? 5 Likes |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Sibrah: 6:15am On Dec 19, 2015 |
Ghandi12:OP and his likes are clearly bitter, thus the misinterpretation of irrelevant data we are seeing. 3 Likes |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by themilanway(m): 7:26am On Dec 19, 2015 |
Ghandi12: Good questions,I'm hoping he won't run away or pretend not to see it. Some people will always criticize with out offering more preferable and realistic alternatives. 1 Like |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by yhemsy62(m): 8:53am On Dec 19, 2015 |
Ghandi12:op pls I need answers to this questions |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by Ofunaofu: 9:56am On Dec 19, 2015 |
yhemsy62:op please we need answers |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by themilanway(m): 10:23am On Dec 19, 2015 |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by superduperjay: 10:55am On Dec 19, 2015 |
themilanway:he can't answer the questions posed to him because he is only doing this because she is not ibo. Anybody that is not ibo is not good so not that he has any genuine reason for the thread. And I am a hugeee fan of underdog stories ending up with huge success.kemi adeosun will succeed. 2 Likes |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by mrmetoo1: 11:07am On Dec 19, 2015 |
I can't even lie, this woman I don't trust. I'm not sure she's capable of getting the job done. I hope I'm pleasantly surprised. We need turnaround folks. People that can turn stone into diamond. Kinda like the economic team when OBJ starved Tinubu of funds. |
Re: Kemi Adeosun Left Ogun State As A Top 5 Most Indebted State In Nigeria by AZeD1(m): 11:23am On Dec 19, 2015 |
Ghandi12:Bros please take one bottle on my head. Borrowing is not a crime, it's what you borrow for that determines if it's a crime. I can't answer for the OP but I know according to the manufacturers association of Nigeria, Ogun state received more than 50% of FDI in manufacturing and using a layman analysis, we can deduce that 1) The internal generated revenue in Ogun state will increase 2) The GDP of Ogun state will also increase. |
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