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Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation - Politics - Nairaland

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Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by AtlanticBreeze: 11:45am On Nov 29, 2015
Osun State Governor, Ogbeni Rauf Areg­besola has said that all States must look in­ward for survival as funds com­ing to them from the federation account can no longer support their development projects.

He said, “We must at this point tell ourselves the truth, there is no money coming from the Federa­tion account, 34 million barrels of Nigeria’s crude oil are on the sea without buyers”.

“Money coming from the Fed­eration Account has dipped seri­ously and our hope for survival is in our hands, what our forefathers lived on was agriculture.

“We must now go back to the farms and work. We also need to pay our taxes so that government can meet its responsibilities”.

“For September, our state got N55.8 million. The money we received cannot pay for the power supply by Ibadan Electricity Distribution Company (IBEDC) that we use at the state Secretariat monthly”, The Governor lamented.

http://www.thebreakingtimes.com/we-must-tell-ourselves-the-truth-osun-got-n55-8-million-for-september-aregbesola/

https://www.nairaland.com/2769753/there-no-money-rely-federal

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by AtlanticBreeze: 11:47am On Nov 29, 2015
How art the "shophisticated" state fallen... The government should put the state up for sale.. I think may Governor may want to buy to expand his Agriculture policy

56 Likes 4 Shares

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by onatisi(m): 11:49am On Nov 29, 2015
And yet he is maintaining helicopters and flies in private jets .

37 Likes 4 Shares

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by vivalavida(m): 11:50am On Nov 29, 2015
E don red for Osun state civil peepz

10 Likes 1 Share

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by AtlanticBreeze: 11:53am On Nov 29, 2015
By the time this APC finishes with Nigeria, Nigeria will be begging and crying for pdp to come back.. grin grin grin


After heavy borrowings, there is nothing to show in Osun State, No projects, no human empowerment, nothing.... and now the after paying servicing debts with FG allocation, the state receives just 55 million... Shophisticated grin grin

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by OCTAVO: 11:53am On Nov 29, 2015
It is well with Osun, I just pity the state government workers there. angry

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by eginacyril(m): 11:55am On Nov 29, 2015
diversification of the economy would help naija

1 Like

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by SegunAdewole: 11:57am On Nov 29, 2015
I think we should heed Revdesmondjuju's advice and go back to farming in yorubaland. Oil is becoming useless.

6 Likes 1 Share

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Saturn213: 12:05pm On Nov 29, 2015
AtlanticBreeze:
How art the "shophisticated" state fallen... The government should put the state up for sale.. I think may Governor may want to buy to expand his Agriculture policy

Freeglobe did Mynd44 or Seun ban your account?

Why are you using your alternate account?

1 Like

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by AtlanticBreeze: 12:08pm On Nov 29, 2015
Let me call the attention of ilekehd, arresa, aresa, gbawe, mayoroflagos, modath, demdem see your state oh and you are flexing in ph grin grin

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by fistonati(m): 12:12pm On Nov 29, 2015
This he-goat aregbe can lie no be small, but don't blame him its his inheritance as it runs in APC's blood.

When Jonathan was in govt, there used to be monthly publications of how allocations are shared between d tiers of govts but in buhari's support for corruption, it has been stopped.

I covered my ears becus I didn't hear ds trash.

20 Likes 2 Shares

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Nobody: 12:18pm On Nov 29, 2015
How did Osun state reach this stage abeg?
What happened to cocoa farming in SW?
How did we get here as a nation?
Cc Superstar1

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by BlackTechnology: 12:19pm On Nov 29, 2015
Buhari publish the amount going to each state angry


God bless Jonathan cool

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Nobody: 12:26pm On Nov 29, 2015
Lalasticlala
Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by AtlanticBreeze: 12:35pm On Nov 29, 2015
Honorable Gbawe, Cramjones what is your take? Shange grin grin

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Nobody: 12:42pm On Nov 29, 2015
SegunAdewole:
I think we should heed Revdesmondjuju's advice and go back to farming in yorubaland. Oil is becoming useless.

You dey mind dem. grin grin

1 Like

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by AtlanticBreeze: 12:46pm On Nov 29, 2015
AtlanticBreeze:
Let me call the attention of ilekehd, arresa, aresa, gbawe, mayoroflagos, modath, demdem see your state oh and you are flexing in ph grin grin

15 Likes 1 Share

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by DaBullIT(m): 12:46pm On Nov 29, 2015
So if FG paid 55m allocation to Aregbe it's aregbes' fault?

2 Likes

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Nobody: 12:46pm On Nov 29, 2015
Daily reminder that aregberascal ran a deficit budget for 3 yrs in a row five times the gross annual revenue of osun .

Osun budgeted over 250 bn for 3 yrs in a row sourced mainly from bank loans even though osun gross annual revenue is just slightly above 40bn.

I have already said time without number that the Southwest apc should be held for any bank failure and dwindling economy.


Sophisticated nonsense!

Ask the goat to show what he spent over 750bn in 3 yrs in osun for and he will start naming Jonathan.

Propaganda can not put food on the table.

49 Likes 1 Share

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by CyberWolf: 12:46pm On Nov 29, 2015
eginacyril:
diversification of the economy would help naija
how will the diversification work without true federalism?

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by EwejeOyewole(m): 12:46pm On Nov 29, 2015
RAUF Should resign honourably haba....

9 Likes

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Nobody: 12:47pm On Nov 29, 2015
DaBullIT:
So if FG paid 55m allocation to Aregbe it's aregbes' fault?

No be GEJ fault again?

Yeye

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Nobody: 12:49pm On Nov 29, 2015
This is what you get when you elect a certificate forger and refrigerator technician as your governor
www.nairaland.com/attachments/2643046_loans_jpeg6b38b8744c8ccbfcff622f32ab8797cf

15 Likes 1 Share

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by AtlanticBreeze: 12:50pm On Nov 29, 2015
DaBullIT:
So if FG paid 55m allocation to Aregbe it's aregbes' fault?
No, it's either my fault or GEJ's fault... FYI Osun received 1.6 billion in FG allocations for the month but after servicing debts only 55 million was left to the state... Now, what did he use these loans to do?

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Nobody: 12:52pm On Nov 29, 2015
EwejeOyewole:
RAUF Should resign honourably haba....

Rauf should be bundled out of state house and burnt with a car tyre like the thief he is.

16 Likes 1 Share

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by CyberWolf: 12:54pm On Nov 29, 2015
Just put Osun for sale, maybe we can contribute money and buy the State grin cheesy ..btw I heard the state is sitting on a gold mine in ilesha Why can't they protest for resource control?

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Nobody: 12:54pm On Nov 29, 2015
AtlanticBreeze:

No, it's either my fault or GEJ's fault... FYI Osun received 1.6 billion in FG allocations for the month but after servicing debts only 55 million was left to the state... Now, what did he use these loans to do?

This same ediot was at the forefront of raising the budget benchmark and clamouring for an end to the ECA and external accounts.

According to the fool, Nigeria was witnessing a boom and now was the time to spend it all as if the oil was from his backyard.

Ingrate

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Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by AtlanticBreeze: 12:55pm On Nov 29, 2015
RevDesmondJuju:
Daily reminder that aregberascal ran a deficit budget for 3 yrs in a row five times the gross annual revenue of osun .

Osun budgeted over 250 bn for 3 yrs in a row sourced mainly from bank loans even though osun gross annual revenue is just slightly above 40bn.

I have already said time without number that the Southwest apc should be held for any bank failure and dwindling economy.


Sophisticated nonsense!

Ask the goat to show what he spent over 750bn in 3 yrs in osun for and he will start naming Jonathan.

Propaganda can not put food on the table.
When Osun budgeted 216.7billion in 2014 (link below) far more than those of more economically viable states, we raised alarm but the shophisticated ones mocked us that Osun was more viable than other states.. Now after the reggae is the blues.. It will probably take the state 50 years to clear their debt profile

https://www.nairaland.com/1576135/osun-n216.7bn-ondo-n162bn-present

30 Likes 2 Shares

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Nobody: 12:56pm On Nov 29, 2015
CyberWolf:
Just put Osun for sale, maybe we can contribute money and buy the State grin cheesy ..btw I heard the state is sitting on a gold mine in ilesha Why can't they protest for resource control?

Gold mine ko... that is the same scam aregberascal uses to dupe chinnese investors who pay him a handsome exploration fee but they are yet to locate common brass.

36 Likes 1 Share

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by CyberWolf: 12:57pm On Nov 29, 2015
You will never see the Yoruba e-warriors on
This thread grin cheesy

19 Likes

Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Flets: 12:58pm On Nov 29, 2015
Ok
Re: Osun State Is Now A Failed State. Received Only 55 Million In FG Allocation by Nobody: 12:58pm On Nov 29, 2015
AtlanticBreeze:

When Osun budgeted 216.7billion in 2014 (link below) far more than those of more economically viable states, we raised alarm but the shophisticated ones mocked us that Osun was more viable than other states.. Now after the reggae is the blues.. It will probably take the state 50 years to clear their debt profile

https://www.nairaland.com/1576135/osun-n216.7bn-ondo-n162bn-present

The apc zombies here where defending the careless budget as an economic stroke of genius.

These same fools are now pandering the 8 trillion budget of gbesse that Buhari wants to roll out in 2016.

Apc will be the end of this country

18 Likes 2 Shares

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