Ok

LegendHero:
Lagos has come a long way since 1999.

From 400 million in 1999 to over 62billion monthly, that’s superb.

Now see the gap with which they exceed Federal allocation.

Only Lagos, Ogun, and Abuja generates more than they receive from the Federal allocation.

If you leave oil and gas producing areas with their cash, they will be doing better than these states

mangood74:
And yet no proper drainages system and their roads an eyesore

Lmao.. even Dubai is also facing the flooding problem despite their drainage systems

JoeNL22:
Obi Is Cumin!

Hope he's wearing a condom

Prudence and good management of resources make Lagos continue to grow exponentially.

owobokiri:

If you leave oil and gas producing areas with their cash, they will be doing better than these states

What have they done with the billions they've received so far?

This is wonderful.

BATified2023:
Is this not the same Lagos that children of hate n perdition claim tinubu has destroyed?

The same Lagos that is in tinubu pocket is progressing while their landlocked poverty capital of the south that is not in anybody pocket is becoming an economic desert

It’s like at this stage anything tinubu pockets will prosper,so we reasonable Nigerians are calling on tinubu to come n pocket Nigeria to prosperity


Nobody is pocketing abia but they are oweing over 13 months salary

Forget, have u seen how Lagos money are spent? Have Lagos state disclose how the revenue generated are spent? There is poor road and all and the government is not doing much.

LegendHero:


You are the dummy here.

If Lagos can generate 700billion+ in one year, then the state can afford to borrow 350bn in a budget year so far we can see what they are doing with it.

Even America with their trillion still dey borrow let alone small Lagos.

Anambra I guess do not even generate up to 120billion per year but Soludo already borrowed over 100billion within few months. But you guys are always fixated on Lagos.

So what are u doing with the 350 billion? building railway for 20 years?? Even the igr we know its majorly from triple taxation policies.

Testing incomplete railway and making a noise.

just2endowed:


Forget, have u seen how Lagos money are spent? Have Lagos state disclose how the revenue generated are spent? There is poor road and all and the government is not doing much.

can u tell us how your state money is spent?

Let’s talk about d state u come from

An individual through his company is pocketing 10% of all that in the name of collecting revenue on behalf of the state. Why will a state cede tax collection to a company in the first place? I'm pretty sure they have an internal revenue agency.

Eedrix:

What have they done with the billions they've received so far?

Why should you be the one "dashing" them their money?
Who are you to tell them when , how and the amount they have to get from their resources?
Zamfara is selling their fold and keeping the cash! Why are you not speaking up against that?
If they like they can be sharing their cash the same way Sanwo Olu is sharing Lagos budget with Tinupoo, you have no right to dictate for them.

With bad road network, poor drainage system. Poor health care, High insecurity rate.

Haba lagos, should be like London, if govt is willing to work.

Fkmodhi:
And the dummy want to borrow 350bn

I think you're the dummy here.

Lagos State budget of 2023 is more than the top 3 oil producing state combined, so how did you want them to found it if not borrowing?

Borrowing is not bad if they don't loot it and make use of it to benefit the state.

zyzywizzy:

Lmao.. even Dubai is also facing the flooding problem despite their drainage systems

Some of you Nigerians are terribly wicked. The country you quoted has proper drainage. This guy simply told you many Nigerian cities lack proper drainages. If you plan well and nature overturns your planning then no problem. How about when you don't plan well?

I no blame una sha. You all love to be treated as subhuman in Nigeria! Enjoy it!!

LegendHero:


You are the dummy here.

If Lagos can generate 700billion+ in one year, then the state can afford to borrow 350bn in a budget year so far we can see what they are doing with it.

Even America with their trillion still dey borrow let alone small Lagos.

Anambra I guess do not even generate up to 120billion per year but Soludo already borrowed over 100billion within few months. But you guys are always fixated on Lagos.

120 billion is too much, in the last Igr statistics Anambra hardly generated 35 billion naira, and Soludo borrowed 100 billion naira. The next governor of Anambra will hardly be able to execute any project if Anambra don't improve their IGR.

PureFace1:



120 billion is too much, in the last Igr statistics Anambra hardly generated 35 billion naira, and Soludo borrowed 100 billion naira. The next governor of Anambra will hardly be able to execute any project if Anambra don't improve their IGR.

Haha don’t mind me, I was even thinking off my head and rating Anambra high.

So you mean Anambra only generates 35billion in a year? It’s even 30billion self.

So Soludo went to borrow 100billion that the states can’t even make in 3years?

Mad o. I’ve updated my post with the right amount.

BATified2023:
Is this not the same Lagos that children of hate n perdition claim tinubu has destroyed?

The same Lagos that is in tinubu pocket is progressing while their landlocked poverty capital of the south that is not in anybody pocket is becoming an economic desert

It’s like at this stage anything tinubu pockets will prosper,so we reasonable Nigerians are calling on tinubu to come n pocket Nigeria to prosperity


Nobody is pocketing abia but they are oweing over 13 months salary

If the igbos leave lagos ...ur IGR will drop by 70%

Bunkbars:
With bad road network, poor drainage system. Poor health care, High insecurity rate.

Haba lagos, should be like London, if govt is willing to work.

Don't let the big figure in Naira fool you

Lagos hardly generate 2 billion dollars in a year, they are actually doing decent with the resources

And what did the money transform in Lagos. Only those that reside in Lagos will understand that it's a mere paper statistics, with nothing to show in Lagos. Is it the garbage or dirtiness, insecurity, bad roads etc

jaxxy:


So what are u doing with the 350 billion? building railway for 20 years?? Even the igr we know its majorly from triple taxation policies.

Testing incomplete railway and making a noise.

If you’re blind to the development Sanwo-Olu is doing in Lagos, then I won’t be wasting my time to tell you what we are doing with the money in Lagos.

owobokiri:

If you leave oil and gas producing areas with their cash, they will be doing better than these states

Hope you know Rivers state FAAC with respect to their population is more than that per capital? What have they achieved?

Let’s not even talk about Bayelsa.

Kingcalls:


If the igbos leave lagos ...ur IGR will drop by 70%

we are begging them to leave

At least let’s see what they can do in their region

ImmaculateJOE:
But they just borrowed 350billion.

Next year budget I 1.69Trillion, so IGR alone won't help out. They have to borrow to finance that budget..

Fkmodhi:
And the dummy want to borrow 350bn

you a fool ooo

LegendHero:


Hope you know Rivers state FAAC with respect to their population is more than that per capital? What have they achieved?

Let’s not even talk about Bayelsa.

Go and ask Sanwo Olu and Oga Alphabeta what they have achieved with the endless billions stashed they're borrowing in Lagos

All this is less 10%

Clevite:
LAGOS STATE IN 2021

Lagos State generated ₦753.5 billion in IGR and received ₦243 billion as FAAC.

Total (FAAC + IGR): ₦996.5 billion

https://twitter.com/StatiSense/status/1586030313641332737?t=egKpMf4U_E0xb5Ulafspng&s=19



https://twitter.com/StatiSense/status/1586032679874883585?t=rYBE5e7QPg7S7De2brbcNA&s=19

LegendHero:


You are the dummy here.

If Lagos can generate 700billion+ in one year, then the state can afford to borrow 350bn in a budget year so far we can see what they are doing with it.

Even America with their trillion still dey borrow let alone small Lagos.

Anambra I guess do not even generate up to 30 billion per year but Soludo already borrowed over 100billion within few months. That means Anambra does not even generate internally the money Soludo borrowed in 3 years.

But you guys are always fixated on Lagos.

That boy won't see anything good about Yoruba. Thats why that don't go far as a region and politics

How much did that n,,igger collect?
Don't just tell us how much that was made.

Are you minding the mumu man. He only wanted to abuse Lagos but ended up embarrassing himself

Clevite:

In Public Financing, the more your revenue generating ability, the more your capacity to borrow.

owobokiri:

Go and ask Sanwo Olu and Oga Alphabeta what they have achieved with the endless billions stashed they're borrowing in Lagos

How can I go and ask them what they achieved when even the maddest person in Anambra is trying to except from that barren erosion region to live in Lagos?

Lagos speak for herself and the developmental stride is not alien to anyone.

Rather what I should ask you is how is Delta state faring from the huge FAAC that state keep getting monthly yet it can’t even be compared developmental wise to ordinary Kaduna.

You see I did not mention Anambla, because even a local government in Lagos is richer than the state so it will be stupid of me to compare.