Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,165,300 members, 7,860,732 topics. Date: Friday, 14 June 2024 at 03:12 PM |
Nairaland Forum / Nairaland / General / Politics / Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion (5978 Views)
Benue: Governor Alia Presents 2024 Budget To The State Assembly (photos) / Governor Alex Otti Meets With President Tinubu (Photo) / Governor Alex Otti Monitors Abia Community Cleanup (Video, Photos) (2) (3) (4)
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by LegendHero(m): 5:05am On Dec 14, 2023 |
BeautifulMind2: You mean Soludo built 400km of road in one year. You are an irredeemable liar. The resr of what you said is just nonsense, which state no get free education in public schools before? 2 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by CandidAdmin(m): 5:07am On Dec 14, 2023 |
I thought we all agreed infrastructure doesn't run an economy? Whatever otti has in mind, I hope it doesn't mess Abia up. 4 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by Raskimonojendor: 5:14am On Dec 14, 2023 |
LegendHero:He is basically going against Peter Obi's ideology. Lol 2 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by LegendHero(m): 5:15am On Dec 14, 2023 |
Raskimonojendor: Don’t mind them. 3 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 5:16am On Dec 14, 2023 |
Raskimonojendor:Your leaders are playing you guys the more you look the less you see, Lagos debt go soon enter two trillion 9 Likes
|
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 5:19am On Dec 14, 2023 |
LegendHero:Yes 400km of roads 95% of the roads are in completion stages 7 Likes 1 Share
|
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by obi58: 5:20am On Dec 14, 2023 |
LegendHero: I think when you try to argue please do it from an intellectual standpoint. Buhari depleted our foreign reserves and left us with a debt of almost 50trillion as at 2022FY. THE QUESTION IS WHAT MASSIVE INFRASTRUCTURE UPGRADE DO WE HAVE TO SHOW FOR THE MASSIVE DEBT HE INCURRED? Was Education upgraded? Was health upgraded? How many federal roads were completed in the 8 years? That's the difference. Otti hit the ground running. Since assuming office, he has made giant strides in digitising collections in the civil service meaning less corruption and greater accountability, he has revamped the teaching hospital, he has got rid of the massive dirt in Aba, he has turned the entire state into one massive construction site with so many road repairs underway not with mushroom contractors o! Using Julius Berger!!! So why won't the people of Abia be happy? Now he wants to consolidate by earmarking 84% to capital which will in turn open up the state to more commerce and investment making the people more prosperous. This will in turn naturally lead to more IGR. p.s. unlike some states where you have uniformed and non uniformed Agberos, ticketing for commercial operators in Abia is done electronically and is working seamlessly! So why won't the people be happy? 9 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 5:22am On Dec 14, 2023 |
LegendHero:Free education doesn't exist in your state, your international ex convict is still playing you guys 6 Likes
|
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by obi58: 5:23am On Dec 14, 2023 |
LegendHero: Who said Peter Obi's ideology is no borrowing? Provide that link please. 1 Like 1 Share |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by Mordecai(m): 5:24am On Dec 14, 2023 |
The ideology is simple. PO has stated it a good number of times. There is nothing wrong with borrowing. But we would not borrow to find recurrent expenditure. Secondly, there is a need for frugality in the use of public resources. Those expenditures should be such as to improve production and/or HDI. LegendHero: 6 Likes 1 Share |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by obi58: 5:25am On Dec 14, 2023 |
CandidAdmin: Who said so? That's a very stvpid comment to make otherwise why would every govt earmark funds in their budget to capital expenditure yearly? 2 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by obi58: 5:26am On Dec 14, 2023 |
Mordecai: Don't mind those olodos.... Peter Obi clearly advocated against borrowing against recurrent and wasteful spending in government. Trust these APC propagandists to twist the narrative. 9 Likes 4 Shares |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by Raskimonojendor: 5:27am On Dec 14, 2023 |
BeautifulMind2:ABIA STATE'S DEBT STATUS DOMESTIC DEBT Dec 2014: ₦25.13 billion Jun 2023: ₦142.47 billion EXTERNAL DEBT Dec 2014: $35.50 million ($/₦166) Jun 2023: $92.33 million ($1/₦770) Total Debt (Jun 2023): ₦213.6 billion. ABIA STATE'S INTERNALLY GENERATED REVENUE 2015: ₦13.35 billion 2022: ₦20.11 billion Average monthly IGR: 2015: ₦1.03 billion 2022: ₦1.68 billion ABIA State's FAAC (Incl LGA) in 2022: ₦98.68 billion 2022 Total Revenue: ₦118.79 billion (NBS/FAAC) 3 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by obi58: 5:30am On Dec 14, 2023 |
madridguy: I know that you are jealous your governor is not as committed or serious to developing your state like Otti. Confess! Don't you wish you were from Abia at the moment? 8 Likes 1 Share |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by obi58: 5:31am On Dec 14, 2023 |
Raskimonojendor: What's your point exactly? After all na pesin talk say 'na statistics we go chop?' 7 Likes 1 Share |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by Raskimonojendor: 5:32am On Dec 14, 2023 |
obi58:₦213.6 billion + ₦401 billion for a tiny state like Abia 2 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by LegendHero(m): 5:34am On Dec 14, 2023 |
BeautifulMind2: Don’t be a dummy, read the body of the news you post. Dapo even cancelled the #3500 PTA fees and NANS are just saying he should reinstate the fees. Read the body of the news you shared and see how ignorant you sound. The National Association of Nigerian Students (NANS), Ogun State chapter, has told Governor Dapo Abiodun that his claim of free education was not real, asking him to allow the payment of Parents-Teachers Association (PTA) levies in public schools within the State. 1 Like |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by dominic17: 5:34am On Dec 14, 2023 |
Why don't travel and educate yourself? In case you don't know SW is the must backward region in the country depict it's proximity with Lagos that was developed with the entire country resources as a former capital. seunfly: 6 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by obi58: 5:40am On Dec 14, 2023 |
Raskimonojendor: Olodo oya let me school you.... Do you know how many major markets are in ABA alone? Google 'Ariaria market' and learn a thing or two. ABA has always been a commercial town historically servicing not just the entire SE and SS regions but the whole West Africa. We have heard of shoes and clothes of international quantity made in Aba. Even with the bad roads, people from outside Abia troop in daily to their markets to shop. How much more now? Today you have Akpabio, Wike and Umahi in prominent roles in the APC administration. Go and read what they did in terms of infrastructural development for their respective states! Over the last 24 years (with little or no infrastructure and plenty of leakages in tax collection and financial misappropriation) they have been able to generate the funds you refer to because majority of the traders refused to pay due to lack of trust for their useless governments in the past. With the massive upgrades which they have prayed for now taking place, you can be sure that IGR will increase 10 times over as trade multiplies due to more conducive business environment. Not only that, new businesses will spring up and massive investment will flow into the state as savvy businessmen take advantage of the new Abia. Real estate would also skyrocket as property values will go up as roads and other facilities are provided. Also Abians home and abroad hearing the good news will also be happy to send dollars back home to aid the development effort! 8 Likes 1 Share |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by adamusuleiman1: 5:50am On Dec 14, 2023 |
obi58:Obidients love to brag about how Peter Obi wasn't borrowing. All of a sudden they are okay with Abia, a very small state as far as Nigeria is concerned, borrowing to the moon. 36/2 =18. Abia is in the bottom half. See full of states IGR in 2022 below: 1. Lagos – N651.2bn 2. Rivers – N172.8bn 3. FCT – N124.4bn 4. Ogun – N120.6bn 5. Delta – N85.9bn 6. Oyo – N62.2bn 7. Kaduna – N58.1bn 8. Edo – N47.5bn 9. Kano – N42.5bn 10. Kwara – N35.8bn 11. Akwa Ibom – N34.8bn 12. Anambra – N33.9bn 13. Ondo – N32.6bn 14. Enugu – N28.7bn 15. Bauchi – N25.5bn 16. Osun – N24.6bn 17. Sokoto – N23.6bn 18. Cross River – N21.1bn ---------------------------------------- 19. Jigawa – N20.5bn 20. Abia – N20.1bn 21. Zamfara – N19.4bn 22. Imo – N19.3bn 23. Nasarawa – N19.3bn 24. Borno – N19.1bn 25. Kogi – N18.2bn 26. Ekiti – N17bn 27. Niger – N16.9bn 28. Benue – N15.9bn 29. Plateau – N15.9bn 30. Bayelsa – N15.9bn 31. Gombe – N13.6bn 32. Adamawa – N13.2bn 33. Katsina – N13bn 34. Ebonyi – N12.4bn 35. Yobe – N10.5bn 36. Taraba – N10.2bn 37. Kebbi – N9.1bn 1 Like
|
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by obi58: 5:57am On Dec 14, 2023 |
adamusuleiman1: Oga sir, please try to show you went to school. In Public finance, there is budget surplus and deficit. That Obi did not borrow does not mean he is against borrowing. He was able to identify leakages in his government which freed up sufficient funds for his projects! That is why he is against wasteful govt spending like sending 422 people to COP 28! He also has kicked against borrowing to finance recurrent expenditure which is what the Buhari government was doing! Even the loans they took for Capex, how much of the funds were used justly with tons of uncompleted projects littered everywhere and massive debt accrued with little or nothing to show for it! If there is need for a business to borrow to expand then they go to the bank and take a loan. This is how banks make money to start with! Otti is just doing the same thing, borrowing to make a significant impact in the shortest time possible in resolving the infrastructure deficit of the state! 6 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by johnjose68: 6:01am On Dec 14, 2023 |
LegendHero: Wao...the land of the developers |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by seunfly: 6:08am On Dec 14, 2023 |
dominic17: Another ostrich berrying head in the sand. 4 Likes 2 Shares |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by adamusuleiman1: 6:16am On Dec 14, 2023 |
obi58:Hypocrite. Alex Otti should emulate his principal. |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by AbuTwins: 6:21am On Dec 14, 2023 |
Are they borrowing too? |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by obi58: 6:22am On Dec 14, 2023 |
adamusuleiman1: Name calling is what olodos revert to when they have nothing meaningful to contribute to an intellectual conversation. He is emulating his principal Peter Obi in running a government of service that is empathetic to the needs of his people and is striving to do his best to make his people happy but he is not doing it mindlessly as he is working with the realities on ground and I'm sure Obi has his full support. And guess what? Everyone in Abia state and well meaning Nigerians are happy with the Otti administration. If other states likewise take governance as seriously as he is doing, Nigeria will take giant strides in development with or without the support of the FG. 5 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by nony43(m): 6:30am On Dec 14, 2023 |
LegendHero: Tell me who is not borrowing in this present Nigeria. Even FG. 2 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by madridguy(m): 6:31am On Dec 14, 2023 |
obi58: |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by slowice(m): 6:32am On Dec 14, 2023 |
LegendHero: Abia state need that huge investment to stimulate economic development and growth. The state has been under bad governance and economic decadence since 1999 so it's only wise to declare a state of emergency on infrastructure and open up the state for growth and development. 5 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by oyeb15: 6:34am On Dec 14, 2023 |
Deficit budget will bring hardship on the people. You have to borrow ,then increase your IGR in other words , increasing tax, bring out new tax rates ,levies etc. At d end of the day, they are inflated projects, poorly executed contracts etc. Same people different party |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by slowice(m): 6:38am On Dec 14, 2023 |
LegendHero:You lifted this silly comment from a dunce on Twitter and dropped it here word for word. You are a bigger one. All those many months of unpaid salaries and pension are also captured in the recurrent budget hence the increment. It would have been more if he didn't first fish out ghost workers. Make una dey try dey get sense 4 Likes |
Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by slowice(m): 6:41am On Dec 14, 2023 |
LegendHero: Aside that, otti is also paying up many months of owed salaries and pension 1 Like |
Why I Visited Bankole - Police IGP (Ringim) / See Diezani’s Partner-in- Crime, His Super Yacht And Billion Dollar Wealth (pix) / Why I Won’t Arrest Jonathan – Buhari Finally Open Up
(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. 62 |