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Nairaland Forum / Nairaland / General / Politics / SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed (15694 Views)
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Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by Nobody: 11:21pm On Feb 19, 2016 |
why circling on our foolishness? why boasting on what you think you are? I wonder why because you think that you are (in the actual sense you may not be) making Little effort, you then bring out more of your silly sense of reasoning. In this twenty-first centuory, should a living soul brag about how whelthy they are becoming when Nigeria is not even up to first twenty most richest country in Africa, I mean in the whole lot of Africa. this isnt something to joke about. we should only try to wake up. We are still snoring while other are really working. 1 Like |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by MrkenOkonkwo(m): 11:49pm On Feb 19, 2016 |
Ofodirinwa: Wetin de do this one? Keep chest beating, its your food. 4 Likes
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Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by MrkenOkonkwo(m): 11:51pm On Feb 19, 2016 |
ODVanguard: Please Sir, you Just have to forgive us, my village brothers keep disgracing ndigbo because building fly over is a new thing to our region. biko 11 Likes 2 Shares |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by Pwayne2016(m): 12:11am On Feb 20, 2016 |
MrkenOkonkwo:Yorubas parading wit Igbo Moniker 5 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by MrkenOkonkwo(m): 12:15am On Feb 20, 2016 |
Pwayne2016: Taaah! Anybody that's saying the truth is tagged Yoruba. Just imagine why people celebrates flyovers in this 21st century? 7 Likes 1 Share |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by betterABIAstate: 12:23am On Feb 20, 2016 |
Yeah, nothing seem to be happening in other regions. This is the time to get the edge, it clearly shows the dependency of most States on fed allocation. 3 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by betterABIAstate: 12:26am On Feb 20, 2016 |
MrkenOkonkwo:amosun threw a carnival to celebrate the first flyover in Abeokuta and that was two years ago. The the flyover in Ibadan was opened with a carnival, stop being a hypocrite. You states are broke and no money for flyover anymore 4 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by MrkenOkonkwo(m): 12:32am On Feb 20, 2016 |
betterABIAstate: idio.t. stop all these dick measuring contest! when Ibadan built its first fly over, no state in SE can boast of any. onye nzuzu. come with another chest beating. 5 Likes 1 Share |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by betterABIAstate: 12:39am On Feb 20, 2016 |
MrkenOkonkwo:you are the person dick measuring, Enugu has had a flyover first before Ibadan, Enugu city has more flyover than the whole of Oyo state. Osogbo has no flyover, ondo state as whole doesn't have either, how about ekiti? None. Ogun just had the first and only flyover in it's capital city just last 3years. Why are you shouting as if you have flyovers everywhere in your states? Come celebrate with south east so you can get your own soonest. 4 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by InyinyaAgbaOku(m): 12:42am On Feb 20, 2016 |
explorer250: .....Ex-governor Peter Obi of Anambra State got me thinking. Two weeks ago, he was giving an account of his eight years stewardship and he announced some figures: N75 billion as credit balance in the state’s accounts and no debt over-hang. That figure, he said, included balance in savings and in investment. Then the big one: Anambra State under him invested in bonds issued by other state governments. Since he made that statement, I have not heard anyone say he lied. It was a combination of these that actually got me thinking —Anambra State that was not paying salaries post 1999, pre-2003; Anambra State of war and lawlessness in Chris Ngige era; the same Anambra that was home of violence and inexplicable crimes. Obi said the state he was leaving behind was not owing anybody a dime; rather, the state invested in bonds issued by other states! Then, I remembered that out of the six states in the South-West, only one has not gone to the Capital Market to take money through bond issuance. What has that told me? It means that my South-West is indebted to South East’s Anambra State — and that is serious. I know some partisan fellows will say ‘and so what?’ They can say so because for such fellows, the only reference they make to the past is using it to cover up the eczema of today. None of the founding fathers of Western Nigeria would ever imagine that a day would come when Yorubaland would owe Iboland. Some international financial experts have warned that the current craze for bonds by African countries, including PDP’s Nigeria, will soon lead to what they call “Eurobond curse” just as the continent is wracked by “resource curse.” Some queer commentators would say the warning was directed at national governments. At the state level, the alarm bell should really sound louder. A recent report quoted Joseph Stightz, a Nobel prize-winning economist, as warning that “the financial sector loves to find people to prey on and their most recent prey are governments in developing countries.” The same is happening at the domestic level. Cash-strapped state governments should know that there are no friendly financial institutions. They are in business to make money and it does not matter how. I do not know what economics is behind the current craze for bonds. Some are even saying bonds are no loans. What are they? Gifts? Won’t they pay back? And at what interest rate? They would even pay costs of the transaction — they call it ‘issue costs?’ Are there consultants packaging these bonds? If there are, who are they? What are their fees? Yorubaland currently suffers unprecedented, unfortunate and insulting, venal shut-out in the affairs of the PDP Federal Government. The alternative regimes in the states ought to give reasons for hope, not debt over-hang. Nothing should be done by anyone to bond the race to a future of criminal servitude. Governments have to provide amenities, yes. But have we forgotten what our ancestors said about he that eats benefits derivable from a child even before that child is born? Exactly what Niyi Osundare described as “eating tomorrow’s yam today ”! Western Nigeria started solid in the 1950s through the early 60s. Chief Obafemi Awolowo and his stellar team gave the West a solid foundation. They made their people first in Africa without hanging ‘slavery bond’ on their collective neck. But after them, what have we had? Public debt, private wealth! Whatever intervening disaster can still be remedied if only we resolve today to make the future more golden than the great start. We cannot do that by mortgaging the future to bonds of bondage See complete article at integrityreporters.com/columns/the-crisis-of-yorubas-future-lasisi-olagunju/ 3 Likes 1 Share |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by betterABIAstate: 12:44am On Feb 20, 2016 |
Abeg my brothers, if you see any new flyover for east, abeg post am here. Anybody that want to die because her/his state govt cannot afford to build one should huge transformer. There's nothing you will do to satisfy a Yoruba man. Southeast governors are not working, they will complain Southeast governors are working, they will be pained and still complain. 5 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by InyinyaAgbaOku(m): 12:45am On Feb 20, 2016 |
2 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by Brilliance9000: 12:46am On Feb 20, 2016 |
chukwubuzor123: Yoruba calm down. Btw...Igbos are not your mate! 3 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by aresa: 1:00am On Feb 20, 2016 |
betterABIAstate: Do you mind showing us the so called flyovers in enugu and list them while you are at it..? Don't bother, I know you won't .. 5 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by betterABIAstate: 1:21am On Feb 20, 2016 |
aresa:I don't go about snapping pictures of flyover, but bear it in mind that an interchange is also a flyover. Flyover is not just like the one in mokola, flyover have different types and going by that Enugu has nine flyovers. If you will add ebeano tunnel, which is a railway flyover, then its ten. If you have been to Enugu, you won't be asking me the pictures of flyovers, if you coming from 9th mile before you get to abakpa junction, you will meet 3 flyovers (the one that leads to new market, trans ekulu flyover and abakpa junction flyover), from abakpa junction to airport road, you will see two (one at new heaven junction and the airport road flyover). If you are coming from port Harcourt (gariki flyover entrance, amechi flyover, ugwuaji flyover and artisan flyover). 3 Likes
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Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by MrSegunAdewole: 5:43am On Feb 20, 2016 |
MrkenOkonkwo:Hello sir please if Aregbesola can build that in my hunger infested state osun we'll be grateful emi omo oodua 7 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by MrSegunAdewole: 5:43am On Feb 20, 2016 |
MrkenOkonkwo: no you sound like a brother from yoruba because we're always greedy 4 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by Nobody: 6:16am On Feb 20, 2016 |
Lmao Mr Segun Adewole meets Mr Ken Okonkwo I love these guys maaan no homo Eehm ngozibotic the nnewi babe you need to meet my sister Adebowaletunji.She's from Ogbomoso 5 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by FisifunKododada: 6:20am On Feb 20, 2016 |
Ibos can lie And they can beat chest 2 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by One1after: 6:25am On Feb 20, 2016 |
Brilliance9000: Yet your people cant stop running to same SW. You people just love disgracing yourself everywhere with your chest beating. Ogun state alone commissioned 40 projects few weeks ago, cos your governor commisioned dog cage does not mean you are better than other region. Chest beating is a sign of weakness. 10 Likes 2 Shares |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by Wizprodigy: 6:26am On Feb 20, 2016 |
Ngozibotic:Can you stop with your nnewi this and that. It is annoying from ibotic to Ngozibotic, imposter. But which anambra state lend money to other state? That would be hard to believe ooo. |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by One1after: 6:29am On Feb 20, 2016 |
betterABIAstate: Buhahahaha Abia state sef dey make noise. Imagine this one from Abia saying nothing is happening in other region, you guys truly have no shame. 9 Likes 1 Share |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by Brilliance9000: 6:43am On Feb 20, 2016 |
One1after: We go to Lagos...not SW. I won't even let my dog go to Osun, Ondo, Ogun and Oyo. I might go to Ekiti as the yorubas there are very intelligent, largely christians, less envious, confident in their abilities and reason like Igbos. 6 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by One1after: 6:46am On Feb 20, 2016 |
Brilliance9000: Same wicked lies. Lagos must be in SE then, Your igwe that was flogged in Ondo must be from Ghana, few days ago another Eze Ndigbo rubbish was scrapped in Oyo, yet you come online to lie since you have no shame. Little kids like you that still live with there parent in the red mud region of the country lie easily. We sabi una wella. 12 Likes 1 Share |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by Splashme: 6:48am On Feb 20, 2016 |
[size=13pt]OP, you are right. The tremendous development going on in Ebonyi is surprising. Wonder where that state governor (can't remember his name again) gets his noney from.[/size] 5 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by Brilliance9000: 6:49am On Feb 20, 2016 |
One1after: I know you are an Osun yoruba devoid of reason, so I cannot continue this discussion with you. I only debate and discuss with Ekiti yoruba. 5 Likes 1 Share |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by One1after: 6:53am On Feb 20, 2016 |
Brilliance9000: Akpu man, I have never in my life been to Osun state and not even from there but they are better than your erosion ravaged region. Leave your parent house and go find job instead of spewing lies cum disgracing your family online. 8 Likes 1 Share |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by betterABIAstate: 7:39am On Feb 20, 2016 |
One1after:even the blind knows that abia state is a construction site. 2 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by One1after: 7:43am On Feb 20, 2016 |
betterABIAstate: Cos you all started constructing small road now means other region have not gone past those rubbish. Face your Abia if you dont want trouble on your Abia thread. 4 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by bendovex: 7:45am On Feb 20, 2016 |
Abagworo:liar! except the ongoing construction of orji flyover which was started by the past government of Ikedi Ohakim but couldn't finish it, can you please tell us another project that is going on in imo state? not even a single road construction is going on, the state is finished. abagworo just face it, okorocha your paymaster is a failure and so is APC 3 Likes |
Re: SE States Lead In Financial Buoyancy Despite Antagonistic Budget From Fed by stonemasonn: 7:51am On Feb 20, 2016 |
Ofodirinwa:Your write up should be SE states vs all other states in Nigeria and not SE states vs APC states. And what makes you think some of these states you mention did not borrow money to execute all these projects you mentioned. 1 Like |
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