Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,616 members, 7,955,266 topics. Date: Saturday, 21 September 2024 at 08:58 PM |
Nairaland Forum / Nairaland / General / Politics / Governors Ask Review Revenue Sharing Formula (7597 Views)
This Quota System And Sharing Formula Is Keeping The North Backward / Current Revenue Sharing Formula Unconstitutional – Senate / President Buhari Meets With Ministers And Governors In Aso Rock (Photos) (2) (3) (4)
Governors Ask Review Revenue Sharing Formula by Nnabugwu8590: 10:59pm On Apr 28, 2016 |
The Nigeria Governors Forum on Thursday asked the Federal Government to review the revenue sharing formula. https://www.today.ng/news/national/113636/governors-ask-review-revenue-sharing-formula 1 Like
|
Re: Governors Ask Review Revenue Sharing Formula by OreMI22: 11:06pm On Apr 28, 2016 |
State government has in the last 16 years shouldered the bulk of Development projects across Nigeria. State governments should get 50 or 60 percent of the shared revenue, while FG gets 30% and LGA gets 5 or 10 percent because they will steal it anyway. 6 Likes |
Re: Governors Ask Review Revenue Sharing Formula by SamuelAnyawu(m): 11:10pm On Apr 28, 2016 |
Reviewing isn't the solution to solve the financial problem of state government.. Our Governors are greedy fools with no brain on how to cut down the cost of governance... Somewhere in Benue a state governor is purchasing jeeps worth 17million for commissioners and he pleads with other state government workers earning little from 20k upwards that's there's no money to pay salaries... Can't you buy a KIA car worth 3millions for your commissioners and pay all state government workers as at when due? In my state Rochas is travelling around to attend irrelevant weddings around the country in a private jet and he's goes on begging state workers to endure with him concerning non payment of their salaries that the government is broke and allocation has reduced drastically 2019............... 34 Likes 2 Shares |
Re: Governors Ask Review Revenue Sharing Formula by telleyway: 11:44pm On Apr 28, 2016 |
what about the local govs. that they have practically killed, why are they refusing local gov. autonomy but wants tge FED gov to relinquish same to them 2 Likes |
Re: Governors Ask Review Revenue Sharing Formula by Isoni(m): 7:51am On Apr 29, 2016 |
Other demands include 18 months moratorium from the Federal Government on the bail out loans and the remitting of what they called ‘hanging funds’ owed them by the Federal Government after Nigeria’s exit from the Paris Club in 2005. Criminals cum mathematicians. Instead of them to look for ways to improve internally generated revenue for their states and fulfill their campaign promises, they have put their tent in Abuja and will stop at nothing until the country is bankrupt. Baba should trade with caution with these chameleon because they will come back to blame him in the future after decanting to NTA. 2 Likes |
Re: Governors Ask Review Revenue Sharing Formula by seunaj: 7:52am On Apr 29, 2016 |
G |
Re: Governors Ask Review Revenue Sharing Formula by babs01(m): 7:53am On Apr 29, 2016 |
Yeah! especially in the state of Osun |
Re: Governors Ask Review Revenue Sharing Formula by Adeniyi077(m): 7:53am On Apr 29, 2016 |
It's ok if they won't embezzle the money, but those thieves. . |
Re: Governors Ask Review Revenue Sharing Formula by EbiJUNIRO(m): 7:54am On Apr 29, 2016 |
Show me som likes TODAY IS MY BIRTHDAY 31 Likes 4 Shares |
Re: Governors Ask Review Revenue Sharing Formula by worlexy(m): 7:56am On Apr 29, 2016 |
Instead of them to look inwards and find a way to increase IGR in their respective states, they are there looking for more allocation so that they can loot more funds. SMH 2 Likes |
Re: Governors Ask Review Revenue Sharing Formula by spartan50(m): 7:57am On Apr 29, 2016 |
The governors are greedy and stupid. We need to change our attitude generally in this country |
Re: Governors Ask Review Revenue Sharing Formula by Nobody: 7:57am On Apr 29, 2016 |
Idiot fish brain guvnors, yan Iska kawai. Instead of them to start thinking outside the box, they are still using their Anus to think. |
Re: Governors Ask Review Revenue Sharing Formula by Sunnycliff(m): 7:58am On Apr 29, 2016 |
Let the sharing be resource based! What you contribute to the FG should be directly proportional to what you get from the FG! QED 5 Likes |
Re: Governors Ask Review Revenue Sharing Formula by yjgm(m): 7:58am On Apr 29, 2016 |
This is hypocrisy of the highest nature. It is in good faith that the president accepted this. But he doesn't know how bad the system is when it comes to the rogues we call governors. What have they done to the local governments as a tier in the executive?. Even though good, I say NO! To this. We will eventually get there. 3 Likes |
Re: Governors Ask Review Revenue Sharing Formula by Icaretoo: 7:59am On Apr 29, 2016 |
Am listening |
Re: Governors Ask Review Revenue Sharing Formula by ekefre4(m): 8:01am On Apr 29, 2016 |
This is not the solution. True federalism should b practiced and also Local Governments should be on their own so developments can reach the grassroots. This sharing of money is making some states lazy about improving their IGR. 6 Likes |
Re: Governors Ask Review Revenue Sharing Formula by Pavore9: 8:05am On Apr 29, 2016 |
Most of these Governors need to review their IQs first! 2 Likes 1 Share |
Re: Governors Ask Review Revenue Sharing Formula by dayoungmoney1: 8:06am On Apr 29, 2016 |
The solution to Nigeria's problem will be to go back to the regional form of government. Every region will grow at their own pace and it will spur rapid development in the different regions. 1 Like |
Re: Governors Ask Review Revenue Sharing Formula by loseyourseld(m): 8:07am On Apr 29, 2016 |
OreMI22: I do not quite agree with this. I think federal government has more responsibilities. Apart from road constructions across the country, FG is responsible for power generation, security healthcare (partly) which are all capital intensive. If state governments want more money, then they should be ready to shoulder more responsibilities, like state police, start generating their own power. The long term solution is for state governors to become more creative in generating money. 2 Likes |
Re: Governors Ask Review Revenue Sharing Formula by freeze001(f): 8:07am On Apr 29, 2016 |
To justify an increase in states revenue, the FG must also decentralise its responsibilities. The state governments cannot just demand and receive more revenue without commensurate increase in responsibilities. Again, the states cannot remain babies forever. They must start to generate a substantial percentage of their revenue and exercise more control over resources. Bottle feeding has to stop! The right call in the face of recent challenges should be for better and close knit regional cooperation among states, direct responsibility for mundane things like primary and secondary education, intetnal policing/security, complete responsibility for health other than teaching hospitals belonging to Federal Universities, full control of resources with agreed remittances to the Federal Government, power and energy development, tertiary education in partnership with the FG and so on. The FG should then concern itself with the Armed forces and external security, foreign relations, tertiary education, uniform policies ensuring a benchmark or level of development which all regions must meet. Those that can go further are encouraged to do so too. This then justifies more money for the states. 6 Likes |
Re: Governors Ask Review Revenue Sharing Formula by litetias(m): 8:08am On Apr 29, 2016 |
Each state in Nigeria is capable of generating its own funds but these baboons and former 419ers that used wuruwuru to become governors are clueless. This is the same sharing palaver that dumped Nigeria in this economic mess we are in now. Just take a look at them, in a sane country will these dirty looking people be in charge of anything? Governors my foot! They keep borrowing and sharing but not generating thereby putting the states in future poverty. We know Nigeria is corrupt, we know we all have it in our dna but how can you see the suffering on the streets and you have the power to change it all yet you choose to loot what can better the lives of everybody? Let nobody be fooled, we know Nigeria is in dire straits because of decades of misrule but these governors can change it all in 4 years if only they are pained about the low quality of life that the people are living but read my lips, they don't care. Why are we so peaceful? Evil abounds when the good keep silent 2 Likes |
Re: Governors Ask Review Revenue Sharing Formula by Kennycyphers(m): 8:09am On Apr 29, 2016 |
It should be reviewed quite alright but the question is; will the money be used for reasonable project for the benefit of the general public? |
Re: Governors Ask Review Revenue Sharing Formula by dayojags10(m): 8:10am On Apr 29, 2016 |
We are at war mehn |
Re: Governors Ask Review Revenue Sharing Formula by Mufasa27(m): 8:20am On Apr 29, 2016 |
forget those guys in the Senate house, the biggest thieves here in Nigeria are the Governors, take it or leave it . |
Re: Governors Ask Review Revenue Sharing Formula by Nobody: 8:22am On Apr 29, 2016 |
[size=15pt] So money is all they could discuss How their allocation should be increased to aid more embezzlement.. d ones they have been given,what have they used it to do? Idiats!!! [/size] |
Re: Governors Ask Review Revenue Sharing Formula by Canme4u(m): 8:22am On Apr 29, 2016 |
freeze001: |
Re: Governors Ask Review Revenue Sharing Formula by Charly68: 8:24am On Apr 29, 2016 |
The president should tell them :No review until we see their performance ..they are busy spending huge cash as security votes like Jonathan but couldn't meet up with basic needs of their states ..plunged states to huge debt now that their spending capabilities are reduced they are agitating for free fund..No way for them this time around . what have they done with excess crude oil funds shared in the past ..Abandon project here and there. Let stop being sentimental some of these govs are vandals in Govt houses |
Re: Governors Ask Review Revenue Sharing Formula by omohayek: 8:26am On Apr 29, 2016 |
freeze001: Exactly! This is what true federalism would look like, not the mess we have today wherein the FG insists on retaining monopoly control of almost every aspect of the economy. Currently federal government ineptitude means all states must suffer from bad policies, but with a more deregulated system it would be easier for states to experiment, and the laggards could then learn from the leaders what works and what doesn't. 1 Like |
Re: Governors Ask Review Revenue Sharing Formula by Bgorgeous: 8:35am On Apr 29, 2016 |
Shameless pple |
Re: Governors Ask Review Revenue Sharing Formula by menxer: 8:36am On Apr 29, 2016 |
Is it unconstitutional for state governments to generate revenue (not just collecting taxes) by running profit making outfits/companies to the extent of not depending exclusively on FG monthly allocation for survival? We talk of diversifying the economy, is it just at the Federal level? What are state governments doing/can do to diversify their states' economies away from the apron strings of FG, financially? |
Zamfara: Why They May Be A Rerun Election. / Ogun, Lagos top list of $1.69bn investment destinations in Nigeria in Q2 ― NIPC / Don’t Give Up On Govt, There’s Hope For Nigeria, SGF Tells Nigerians
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 48 |