Desola:

because your family and that of those in abuja are in lagos. Lagos caters for you and the whole of Nigeria, that's why.

PointB:

Fall your hand ke? If 23 billion naira IGR is not huge, perhaps Lagos should trade places with Kano in that regards. And how are you catering for the 13.5 million over-taxed citizen, who pay tolls for services provided for with same tax they pay? Are you dashing them free money?

If anyone is politicizing the matter, it is Fashola who has rushed to the house of Reps to raise dust on a matter in the exclusive preserve of the FG.

mbulela:
23 billion naira IGR, huge?
Not for the size of lagos state.

seanet01: Are you for real? The fact is what are the justification for not guaranteeing the loan when Lagos state has never been a loan defaulter and the World Bank has accepted to give out the based on their own feasibility and viability studies of the projects and the repayment structure? You ibos can keep deceiving yourself about the conjecture that Lagos belongs to everybody.

AjanleKoko:

Okay, confirmed, you just fell my hand with this your countryman analysis.
Lagos is 'officially' 13.5 million people, while Kano is 'officially' 10 million people.
What does Kano pay to the federal coffers in VAT, compared to Lagos? I'm sure Lagos figures must dwarf Kano by a factor of 10:1.
What infrastructure has been built in Kano by the Kano state governments since 1999? Lagos has built roads,bridges, and is building an airport, light rail system, seaport, and free trade zone.

That your toll yarns is just dust. How many people are paying toll, one toll road in Eti-Osa LGA? Less than 2% of Lagosians are impacted by that toll road.
Abeg stop misyarning.

PointB:


Guy stop grasping for straw. The project Lagos state government is pursuing should be within the context it means and resources. If it is not, it should find other ways to raise funds. The external debt profile of the country is growing and those in charge are wary, and doing something about it. Fashola should quit politicizing the issue.

Desola:

Hahaha...ajokutamamumi...but you are your father's son, are you not?

A baboon is not expected to act in a civilised manner, so please do humour me. You? An ibo? feeding me to a dracular? Where do you think you are? Umuahia zoo? I know that NL looks like the zoo, which is your natural habitat but be aware that there are zoo keepers here whose duty it is to make sure you do not misbehave. I keep the zoo and if you go too far, i'll put a nozzle on you. If you're good, i'll throw you a banana but if you go wild, i'll only decapitate you. Be warned!

PointB:


Guy stop grasping for straw. The project Lagos state government is pursuing should be within the context of its means and resources. If it is not, it should find other ways to raise funds. The external debt profile of the country is growing and those in charge are wary, and doing something about it. Fashola should quit politicizing the issue.

PointB:


Guy stop grasping for straw. The project Lagos state government is pursuing should be within the context of its means and resources. If it is not, it should find other ways to raise funds. The external debt profile of the country is growing and those in charge are wary, and doing something about it. Fashola should quit politicizing the issue.

mbulela:
do you have a fundamental problem with borrowing from the world bank?
If you do, state it?
what makes other means of raising funds any better in this case (like raising cash from the capital market)?
The crux of the matter is, has LASG being servicing its debt?
the debt incurred in the past are its impact being felt by the citizenry?
any white elephant projects?
This is a simple economic case and i wonder how low we can go as a people if we choose to politicise this.
Besides, if the FG is placing a blanket ban on guaranteeing loans for states, it should come out and say so and Fashola would stop dancing around NASS members and go seek other ways of funding his projects.
I don't think Fashola is dumb enough to go to NASS if Ngozi et al have given him a proper response.

PointB:


Guy stop grasping for straw. The project Lagos state government is pursuing should be within the context of its means and resources. If it is not, it should find other ways to raise funds. The external debt profile of the country is growing and those in charge are wary, and doing something about it. Fashola should quit politicizing the issue.

jjc-to-nl:



PointB, based on your argument, why should FG borrow money with all the resources we have? Nigeria is the biggest 7th exporter of oil. So why are we borrowing? Can't we live within our means?


Okonjo Iweala, that refused Lagos State without any reason is proposing to borrow $9 billion. Is this not a case of double standard? It is clear that Jonathan and Okonjo Iweala are playing politics with this. I am not surprised because this is not the first time. The same PDP led FG frustrated Lagos State on Independent Power Project (IPP) and suspended Local Govt. funds for years. 2015 is fast approaching they will have to do something to capture Lagos.

PointB you are entitled to your opinion but it doesn't hold.

PointB:

Where did my argument support FG borrowing?

PointB:

Where did my argument support FG borrowing?

Demdem:

But they are, so if FG is borrowing why cant Lagos especially since Lagos isnt noted to be a bad debtor

tarryT: Its good to note that u can make a coment without screeming my fathers name.....me fooooolish son of Retardeen.:p

Fixed

jjc-to-nl:



I did not say you are supporting FG borrowing. But you supported the action of FG to stop Lagos State from borrowing. And my point is, there is no entity that will not have to borrow at one time or the other. As big as USA's economy is they still borrow. Okonjo and Jonathan are only playing politics. Period.

While presenting the budget, Mr Fashola said the Capital to Recurrent ratio of the budget stood at 54:46 as against 53:47 in 2012,

flanrey: Personally, I don't have a problem with govt's taking loans because its been a constant trend over time. All I ask is for govt's to channel these loans into projects we can see and new developments that will improve the quality of lives.

Why should FG disapprove of LASG's loan, IMO Lagos has the fastest economical growth and new projects are kicking off on daily basis, Fashola is working and can reasonably justify every penny spent. Ogun State govt took loans worth incredible sums and are still in debts yet, no meaningful projects and development to show for it.

Fashola is working and deserves every single loan and allocation. FG should quit the political sentiments and let this man do his job

PointB:

Which work is Fashola doing these days? Can you enumerate them?

How much does it take to water flowers these days by the way?

AjanleKoko:

You are either living in a remote part of Nigeria with no access to TV or newspapers, or you don't live in Nigeria at all.
My conclusion.

PointB:


Says a card carrying AC.N goon!

naijababe:

Anyone who says anything good about Fashola is labelled an ACN goon! What kinda brainfarting is that?

AjanleKoko:

You are either living in a remote part of Nigeria with no access to TV or newspapers, or you don't live in Nigeria at all.
My conclusion.

PointB:

Obviously you have to come in aid your boyfriend huh?

Where is the goodness of Fashola mentioned in the thread I quoted? Or you think with your ar.se?

naijababe:

Anyone who says anything good about Fashola is labelled an ACN goon! What kinda brainfarting is that?

PointB:

Obviously you have to come in aid your boyfriend huh?

Where is the goodness of Fashola mentioned in the thread I quoted? Or you think with your ar.se?

naijababe:

More brainfarting! Go and read your post again cause your haste to get the above off your fingers is affecting comprehension of your own post.

AjanleKoko:

Why bother with the countryman and his under-bridge ponmo analysis



Honestly, you need to keep these views of yours to the village market, or the meshayi. Don't be saying things like this around people with some small sense. Stop washing yourself o jare.