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List Of 8 States That Landed In Financial Distress And Why by Redcrafton: 3:30pm On Nov 30, 2020 |
Why eight states landed in financial distress —Report https://tribuneonlineng.com/why-eight-states-landed-in-financial-distress-report/ 11 Likes 3 Shares
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Re: List Of 8 States That Landed In Financial Distress And Why by Iamgrey5(m): 3:37pm On Nov 30, 2020 |
Why won't Oyo state be in distress when Makinde has been borrowing billions to build bus stops? I am afraid Oyo might become another Kogi very soon. 50 Likes 1 Share |
Re: List Of 8 States That Landed In Financial Distress And Why by helinues: 3:40pm On Nov 30, 2020 |
They should place them on OLX 64 Likes 4 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by Charmingrascal(m): 3:42pm On Nov 30, 2020 |
Redcrafton: Nigeria as a Country is in distress as a result of a clueless monster that is ruling the Nation Buhari and his cursed government have nothing good to offer us 23 Likes 1 Share |
Re: List Of 8 States That Landed In Financial Distress And Why by techmo(m): 3:46pm On Nov 30, 2020 |
Within 2 years in office Makinde borrowed 30billion from UBA and first bank , and 100 billion in bond .. lol I wonder how debt burden Oyo State would be in 2023 It's better to vote Financial Expert than an Engineer Case Study Eng Aregbesola and Eng Seyi Makinde... Pilling up debt on utterly stupid construction which are not economically feasible . 35 Likes 4 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by agadez007(m): 4:04pm On Nov 30, 2020 |
Remove Oyo,Ekiti and Osun from that list Those states according to Nairaland Afonja media team are the richest in Nigeria nay Africa 104 Likes 13 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by BastardWike: 4:07pm On Nov 30, 2020 |
Out of the eight worst most bankrupt states in Nigeria, three are from the SW and the rest North. I just summarized the article and it points to our earlier projections that these PIG states will be hardest hit as Nigeria's economic downturn worsens going forward 59 Likes 7 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by samincredible44(m): 5:07pm On Nov 30, 2020 |
Everybody look well most of these states voted for buhari. 59 Likes 8 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by Racoon(m): 5:15pm On Nov 30, 2020 |
Change and next level states in financial distress.Even Yahaya Bello's Kogi state-that said he is capable of replacing the dullard is not also spared. 18 Likes 3 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by Enudapan: 5:45pm On Nov 30, 2020 |
Nah eh! No qualms This is so unsophisticated I Know Eko the odogwu state Can't be there Lasgid the greatest Eko oni baje 9 Likes |
Re: List Of 8 States That Landed In Financial Distress And Why by 900warriorz: 5:45pm On Nov 30, 2020 |
Buhari, you no get choice, we go still blame you 21 Likes 1 Share
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Re: List Of 8 States That Landed In Financial Distress And Why by uptimum123(m): 5:46pm On Nov 30, 2020 |
This is bound to happen untill each states starts harnessing their God given natural resources. It's gonna be a long journey to get to where we use to be in the olden days with our over reliance on oil. 2 Likes |
Re: List Of 8 States That Landed In Financial Distress And Why by ProfAmaben(m): 5:46pm On Nov 30, 2020 |
No Eastern state, wow! Osun on the beats 47 Likes 3 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by Whiteshield: 5:46pm On Nov 30, 2020 |
agadez007: Despite the situation in those states, hopeless Biafrans still enter night bus to those states to go and hawk gala and handkerchief. They had to flog the Eze Ndigbo of Akure like a wild goat before he started behaving himself. 55 Likes 9 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by Kobicove(m): 5:46pm On Nov 30, 2020 |
Before I even opened the thread I expected to find Osun State on the list... I was not disappointed 30 Likes 2 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by 24SEVEN: 5:47pm On Nov 30, 2020 |
In the 2020 Fiscal Sustainability Index, some states ranked higher than others, but most are still below the sustainability point, except for Rivers State which occupies the number one position on the index. It noted that Rivers State is able to meet its recurrent expenditure with only internally generated revenue (IGR) and value added tax (VAT) I dedicate this line to Hunchogee, Ilaumoh and Blackking98. Akwa Ibom gang that feels Rivers is their mate. 4 Likes 3 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by iHart(m): 5:47pm On Nov 30, 2020 |
I can see Abia State on the list 1 Like |
Re: List Of 8 States That Landed In Financial Distress And Why by oluwaSavage: 5:47pm On Nov 30, 2020 |
Different Day, Same Bullshitss. Few more years, everything will just scatter. From Buhari to Councillors, they are all clueless and very useless; irrespective of their evil party. APC PDP BMC NTA ZZ2 RRA MMM, all na nonsense. 4 Likes
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Re: List Of 8 States That Landed In Financial Distress And Why by Nobody: 5:47pm On Nov 30, 2020 |
Too bad, Businesses are worst hit May God heal our Economy 3 Likes |
Re: List Of 8 States That Landed In Financial Distress And Why by Coldie(m): 5:47pm On Nov 30, 2020 |
The day oil go finish for Nigeria rich states go get big problem poor states would want to dive mind body and soul into them sharing their IGR 1 Like |
Re: List Of 8 States That Landed In Financial Distress And Why by Dpharisee: 5:47pm On Nov 30, 2020 |
Whiteshield: From all of us at we wonder why no Igbo state was mentioned in this report of bankrupt states. They deserve to be given the opportunity to take our country out of the woods by our darling daddy 31 Likes 3 Shares |
Re: List Of 8 States That Landed In Financial Distress And Why by Triangles1(m): 5:48pm On Nov 30, 2020 |
Apart from Lagos and the oil state the remaining state in nigeria are been affected by kwashiorkor. 3 Likes |
Re: List Of 8 States That Landed In Financial Distress And Why by OgaTheTop2: 5:49pm On Nov 30, 2020 |
Re: List Of 8 States That Landed In Financial Distress And Why by Nobody: 5:50pm On Nov 30, 2020 |
The truth of the matter is, Nigerian states do not charge enough taxes. Overall, our tax to gdp ratio is 5.8%. Attempts to charge extra taxes in Nigeria are always met with protests and 'what have they done with the money they have'? Yes, I agree they should cut the salaries of the National assembly, which at the end of the day will not yiled enough to cater for all the states. Yes, they should fight corruption, which is good...until Nigerians start opposing anti-corruption efforts...like ASUU just did with IPPIS. But when you don't charge enough taxes, problems start. Nigerians live on the myth that the oil money we have can cater for everyone's needs. The truth is, it can't. We needf oil to be at least $139 per barrel before we can say that we have enough for all pour needs...and it is that way because of our large populaiton. As things stand, for our earnings to cater for our needs, we need to cut our population overnight by 160million people ( poison gas or alien invasion?..okay i'm being too morbid here). South Africa and Ghana have tax to gdp ratios of 24% and above. And they have their own share of corrupt polticans and leaders (one ANC bigwig is in trobule for bribes and corruption in Azania right now)..and they have enough cash to pay their workers. Nigeria is an entity made up of states who don't want to act like states and don't want to be innovative. Everyone rather waits for oil money. I think that we should introduce resource control. Oil states control 90% of the revenue from their earnings. Maybe many OTHER states will start taxing the GDP more heavily...and see their money grow. 7 Likes 1 Share |
Re: List Of 8 States That Landed In Financial Distress And Why by BestAndUnique(m): 5:50pm On Nov 30, 2020 |
Clueless government |
Re: List Of 8 States That Landed In Financial Distress And Why by olaboy33(m): 5:50pm On Nov 30, 2020 |
Osun is in a really bad shape economically. Tinubu, rather than brag of how well he is richer than osun state, needs to concentrate on osun and perform the magic he performed in Lagos by putting competent hands to fix osun. I don't know what's happening in Oyo. I think there's just so many mouths to feed. Play nice governor, Seyi makinde has improved Oyo's IGR (now 6th in Nigeria) without increasing tax (God knows how). It appears he needs to do more, probably look into tax again. He must also understand he can't satisfy everyone in the state. 2nd term would sort itself. 4 Likes |
Re: List Of 8 States That Landed In Financial Distress And Why by November1857(m): 5:50pm On Nov 30, 2020 |
The poorest region in the South "SE"' according to the yaruba's bureau of statistic is not there. And my SS states are not there as well ! 31 Likes 2 Shares |
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