Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,162,490 members, 7,850,701 topics. Date: Wednesday, 05 June 2024 at 07:41 AM |
Nairaland Forum / Nairaland / General / Politics / For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday (13298 Views)
Near-Bankrupt States, Unviable Projects Await 18 New Governors / APC To Lai Mohammed: Submit To Your Governor, It Is Not Business As Usual / List of Financially Broke/Bankrupt States in Nigeria. ( photo) (2) (3) (4)
For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by FreeStuffsNG: 11:40pm On Nov 16, 2023 |
For Nigeria’s bankrupt states, it’s business as usual Only one of Nigeria’s 36 states was represented at the 2023 Africa Investment Forum in Marrakech, Morocco. No prizes for guessing the state whose governor was at the event courting private capital for mega projects from a Hollywood-type film city to an ambitious airport that will serve the entire West Africa.https://businessday.ng/business-economy/article/for-nigerias-bankrupt-states-its-business-as-usual/ Mynd44 nlfpmod 12 Likes 2 Shares
|
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by FreeStuffsNG: 11:41pm On Nov 16, 2023 |
Only one of Nigeria’s 36 states was represented at the 2023 Africa Investment Forum in Marrakech, Morocco. No prizes for guessing the state whose governor was at the event courting private capital for mega projects from a Hollywood-type film city to an ambitious airport that will serve the entire West Africa. That only Lagos State, the richest of the lot and least dependent on federal handouts, was the only one that had projects that needed financing from the thousands of global investors that converged at Africa’s premier investment platform is rather shameful. Excellent legacy of Asiwaju Bola Ahmed Tinubu, GCFR and current President of the Federal Republic of Nigeria. God bless Asiwaju Tinubu. This is a wake up call to all the other State Governors to be more disciplined fiscally and address the lack of sustained human and infrastructural investment in their states in order to attract investments. Bayelsa state can literally buy Adamawa and should by far be more prosperous. Unfortunately, there's no difference between Bayelsa state and Adamawa. Smh. Btw,Benue tried with capital importation despite all the herdsmen this, herdsmen that report we got inundated with during HE Ortom's tenure. I hope this capital reflected in the state. Fundamentally, this report reiterates that Lagos state remains the undisputed No 1 investment destination in Nigeria and Africa. Invest in Lagos today and the neighbouring Yoruba South West states to enjoy great returns on investment and the best investor friendly experience. God bless Nigeria for ever! Check my signature for free stuffs! 10 Likes 3 Shares
|
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by silvoclaira: 11:44pm On Nov 16, 2023 |
Who's to blame if not the current horse rider 4 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by VikingKing: 11:54pm On Nov 16, 2023 |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by socialmediaman: 11:55pm On Nov 16, 2023 |
The president of the bankrupt country itself borrowing to pay salaries, spent billions buying luxury cars and items for himself and his family. Corruption and business as usual from top to bottom 60 Likes 7 Shares |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by WiszyFraud: 12:00am On Nov 17, 2023 |
Did you know?? These hard times, this pain, these lessons one day they’ll be your strength, your awareness and your blessings. i Promise youu👍 15 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by mameme: 12:03am On Nov 17, 2023 |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by CallmeTrinity: 12:04am On Nov 17, 2023 |
Anytime sukanmi gets his allowance he comes to create a thread to chest beat about Lagos 🤣🤣🤣🤣 Funny thing is he is not from Lagos he is from Osun state 🤣🤣🤣 He is struggling to survive like 99% of other Nigerians but comes online to chest beat and abuse other tribes 🤣 What a time to be alive to see so many strange characters everyday 🤣🤣🤣🤣🤣🤣 61 Likes 6 Shares |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Spuggie: 12:04am On Nov 17, 2023 |
Nothing fascinating here. Damning report on the country. 4 Likes 1 Share |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by adesegun121(m): 12:04am On Nov 17, 2023 |
Ok |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Youngbucks58(m): 12:06am On Nov 17, 2023 |
This shows that most of the people in elected positions are not leaders but just selfish and ignorant people who disguise to take advantage of people who are not saying what they should say there was a country 9 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Evolutionism: 12:15am On Nov 17, 2023 |
Nigerians are really Enjoying this Gonfanment Meanwhile one struggling young boy who reside at the outskirt of my estate and cohabiting with his Afesona which i thought had prospect just gave his wife belle I surely knew it will happen. It's just a matter of time. In Nigeria, Once a matured male and female starts cohabiting. Na belle go be the final outcome 13 Likes 2 Shares |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by callmemakaveli: 12:32am On Nov 17, 2023 |
There was a CornTree BTW, You can check my signature for business. 1 Like |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by ariesbull: 12:33am On Nov 17, 2023 |
What a terrible country 5 Likes 1 Share |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by orisa37: 12:38am On Nov 17, 2023 |
MR. PRESIDENT, PLEASE ADOPT FAPRES FOTCS AND CTC FOCS TRFG AND LET OUR 36 CONSTITUTIONAL STATES KNOW THE TRUE MEANING AND PROCESS OF BUDGETARY CONTROLS. 2 Likes 1 Share |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Eriokanmi: 12:40am On Nov 17, 2023 |
This really calls for a great concern. Today...i mean just a few minutes ago, I opened one of the apps used in transacting in foreign currencies and what I saw with 1USD to CFA shocked me. This is the currency held in the brands of the so called mushrooms counties in Africa.. They import more goods than we do and export less. Many of them don't even have crude oil. If you talk, their supporters wouid mob you and say, Francophone countries are being controlled by France, as if the west isn't controlling our currency indirectly too. When they told tinubu to devalue naira and increase fuel price to 500 naira and above, Mr Lagos magician and wondeman heeded their instructions without looking back and considering the consequences. He unleashed hardship on the masses. What has the currency floatation achieved so far? I leave everyone to answer that. During global recession, Nigeria didn't experience it. But the west wasn't happy. Now, they've gotten us, under tinubu by manipulating our economy. Whereas, Angola, a country rich in crude ended subsidy too but only removed it gradually and kept the rest, so their people won't feel the pain, unlike tinubu who removed everything completely. Even if Buhari didn't include it in the budget, is he still in power now? Sadly, subsidy is back and the same western world who cajoled him are now warning him of possible economic doom...that's how a callous leader behaves, someone who doesn't care for his people but prefers to enrich a group of elites at the expense of the masses. I travelled to Benin in 2016 and exchanged 1000 naira for about 10,000 cefa. Now, naira is worthless, compared to cefa. The problem isn't the amount of imports we do, as they blindly posit in order to deceive the gullible. The problem is corruption and mismanagement of funds. Here in Lagos, a km of road will be constructed at 3 times the contract price. They'd share the rest and be hailing the government. Only ambode used the state's funds judiciously and he was punished for doing so because he blocked the loopholes. Years to come, we won't stop talking about this great man. There are counties in the west who don't even export much but import almost everything yet, they are among the developed countries globally. I feel ashamed reading this news as a Nigerian. 23 Likes 3 Shares
|
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by EleventhWeirdo: 12:42am On Nov 17, 2023 |
Governance is an eyesore in this country. You would see an average mediocre of a governor innovating nothing to facilitate wealth creation within his state. All he does is rely on federal handouts and pay civil servants regularly to avoid bad rep. To crown it all, he should borrow from China to do some roads that add no real credence to the economic value chain. Surprisingly, he would be hailed as a working governor. 9 Likes 1 Share |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Mindlog: 1:08am On Nov 17, 2023 |
WiszyFraud: Motigbetional. 1 Like |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Eriokanmi: 1:11am On Nov 17, 2023 |
EleventhWeirdo:Exactly. I just posted something similar to this. Any tourist on NL reading this should visit a small town in Germany called Gackenbach. Its a twin of Lokoja in Nigeria. Germans constructed an elevator from the bottom of the hill to the top. On the top are hotels, hospitals, restaurants, etc. . The top of the hill is as flat as a football pitch covering several hectars of land, same as the Mount Patti in lokoja where I had driven up to see, including Lord Lagard's House. That place can accommodate an airport and a massive estate. Its as flat as anything. The land on the hilltop is bigger than the entire portion inhabited by lokoja residents. Such an amazing tourist attraction is just wasting away and yahaya bello was shouting upandan. He shouted for 8 years and ended up enriching his friends and family, including his wife who was caught with a huge sum of dollars. That's how they rule in my county. Whereas, they travel kilometres away to visit same natural endowment elsewhere, wasting taxpayers money. We'd be wise someday 18 Likes 3 Shares |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by ACRI: 1:22am On Nov 17, 2023 |
Pay attention to the message and leave the messenger. Hold your unpatriotic governors accountable, is your intelligence too low to comprehend that boy? CallmeTrinity: 7 Likes 1 Share |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Nahunger(m): 1:32am On Nov 17, 2023 |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by DuBLINGreenb(m): 1:44am On Nov 17, 2023 |
Please naira fall to C$1 to 10000ngn just for 3 days |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by ipobarecriminals: 2:02am On Nov 17, 2023 |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by BBIA: 2:32am On Nov 17, 2023 |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by TalkTalkTwins(m): 2:33am On Nov 17, 2023 |
🤦🏽♂️ |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by meum: 2:37am On Nov 17, 2023 |
Wetin concern dem? Shebi FG dey share oyel money including the tax wey FG dey collect from beer? |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by smokinloud(m): 2:39am On Nov 17, 2023 |
We need competition. We needd states from different regions that would compete with Lagos... 2 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by SmartyPants(m): 2:39am On Nov 17, 2023 |
FreeStuffsNG: What you attached shows that Benue is among the states that are nearly totally dependant on the FG - how did they try in capital importation?? 1 Like |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by SmartyPants(m): 2:42am On Nov 17, 2023 |
Eriokanmi: You may have valid points but this is not one of them. You are asking what a long-term economic policy has achieved in the short term. doesn't work like that. The essence of some of these policies is to encourage investment - investors are not going to simply jump into your country the next day. It's a process. 2 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by SALLYBERRY01(m): 2:49am On Nov 17, 2023 |
Lagos lead other state follows. 1 Like |
Rochas Okorocha Declares Free Education For All In Imo State At Inauguration. / Adopt Consensus To Avoid Dollar Rain, APC Chieftain Urges Party / Northern Governors Set To Dump Jonathan In 2015
(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. 58 |