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Nairaland Forum / Nairaland / General / Politics / Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months (10416 Views)
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Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by oshozondii: 10:09am On Mar 21, 2022 |
The Lagos State Government has borrowed over N126 billion domestically in the last quarter of 2021, the Debt Management Office (DMO) has said. https://dailypost.ng/2022/03/21/domestic-debt-lagos-borrows-over-n126bn-in-three-months-dmo-releases-other-states-figures/ 2 Likes 2 Shares
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Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by saintjimos(m): 10:10am On Mar 21, 2022 |
2023 election 20 Likes |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by Mooh247: 10:11am On Mar 21, 2022 |
Small peanut Lagos makes 30 billion monthly and 360 billion only on just Lagos Inland Revenue Tax Many don't understand how credit worthiness works or the power of leveraging . 85 Likes |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by Malory: 10:12am On Mar 21, 2022 |
Just to bankroll Tinubu's inordinate ambition 62 Likes 3 Shares |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by efrebor177: 10:17am On Mar 21, 2022 |
Adsence account for sale: contact info.fremigr@gmail.com |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by ThEGodFaThEr127: 10:21am On Mar 21, 2022 |
It is understood that a huge chunk of the borrowings of Lagos state ends up inside the bullion vans of the notorious iragbiji born criminal at his residence in Bourdillon. Like Oliver Twist's, "the boy who wanted more", Tinubu's penchant for more and more looted funds knows no bounds little wonder A former Managing Director of Alpha-Beta Consulting LLP, Oladapo Apara, said the firm has got over N150 billion as 10 per cent commission for “computing, tracking and reconciling” Lagos State’s Internally Generated Revenue since the year 2000. 71 Likes 3 Shares |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by OFFICIAL336: 10:24am On Mar 21, 2022 |
Check through all the SW states and see the heavy amounts they are borrowing yet they claim to be leading in IGR. You can't claim to be leading in IGR yet you borrow like a broke drunk and there is no meaningful development in your state. Ebonyi debt is 42 billion while Ekiti is 106 billion. SOUTH WEST Ekiti 106 billion Lagos 659 billion Ogun 233 billion Ondo 64 billion Osun 135 billion Oyo 143 TOTAL = 1.34 trillion Average debt per state = 223.3 SOUTH EAST Abia 95 billion Anambra 56 billion Ebonyi 42 billion Enugu 69 billion Imo 205 TOTAL = 467 billion AVERAGE = 93.4 South West is criminally overrated 93 Likes 6 Shares |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by nedubrazil111(m): 11:34am On Mar 21, 2022 |
na only to borrow this our country sabi |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by Cj4charles(m): 11:34am On Mar 21, 2022 |
The owner of Lagos needs all the money that is been generated from the state right now for his presidential election 9 Likes |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by Saliyumai: 11:34am On Mar 21, 2022 |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by humberjade: 11:34am On Mar 21, 2022 |
As far as they use the loans for laudable projects anf have workable means to pay back...I only pity states without commercial deposit of mineral resources, miserable IGR and yet borrowing anyhow...their future generations will either pray for or curse them... Every State on earth is in debt 2 Likes |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by Tetrahedron: 11:35am On Mar 21, 2022 |
Apc is a demonic party created by evil people like frogeyes. Its running a pyramid scheme with frogeyes at the top of it in Lagos state. 18 Likes |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by Sergio101(m): 11:36am On Mar 21, 2022 |
South West rate of borrowing is alarming. Yolloba people....... please dey reduce hand. Although ain't surprised, if you get Yoruba neighbor or girlfriend....... you go really understand 14 Likes 1 Share |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by Chijeep(m): 11:36am On Mar 21, 2022 |
K |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by Rastaramsey(m): 11:36am On Mar 21, 2022 |
Stupid sanwo-olu Man is inspired by buhari (jubril and his gang members) 1 Like 1 Share |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by jaxxy(m): 11:36am On Mar 21, 2022 |
Yet poor transparency ratings. Lagos is a highly mismanaged state. 13 Likes |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by DickDastardly(m): 11:36am On Mar 21, 2022 |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by richidinho(m): 11:36am On Mar 21, 2022 |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by HancockmollyXch: 11:36am On Mar 21, 2022 |
De |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by BlueRayDick: 11:37am On Mar 21, 2022 |
Lagos keeps borrowing in billions , yet the state house of assembly has refused to domesticate Freedom of information Act . So the government can keep borrowing to high heavens , give out inflated contracts, etc. and u don't even get to question them on how these borrowed sums are spent. smh. As of today, nobody outside government has the breakdown of Lagos state government's spending's; no transparency whatsoever. It's just funny how people who claim to be well learned believe things are okay this way. 33 Likes 4 Shares |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by FreeStuffsNG: 11:37am On Mar 21, 2022 |
For the good of a greater Lagos. Please invest in Lagos today. Thank you.
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Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by yesloaded: 11:37am On Mar 21, 2022 |
My concern is Oyo state No justification for the huge debt 4 Likes |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by lalastimlala: 11:37am On Mar 21, 2022 |
Nigeria and debt |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by JayPeeOham: 11:37am On Mar 21, 2022 |
How can an animal like a BAT be my PRESIDENT... When we have LIONS in this country?. How do I explain this to my children? 15 Likes |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by ogododo: 11:38am On Mar 21, 2022 |
oshozondii: All na for BAT Elections. God go save us. 6 Likes |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by Xclusivedaniel6(m): 11:38am On Mar 21, 2022 |
Amosun really plunged ogun state into debt but used road construction as cover up 2 Likes |
Re: Domestic Debt: Lagos Borrows Over ₦126 Billion In 3 Months by VladimirPutiin(m): 11:38am On Mar 21, 2022 |
2023: Ganduje To Pick Kano North Senatorial Form / Over 6,600 APC Members Defect To PDP In Katsina / Shocking Predictions By Primate Elijah Ayodele For 2012/2013...
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