The treasury of the Ogun state government has gone leaner these days, as the gloomy Nigerian economy takes its toll.

Governor Ibikunle Amosun at an interactive session with various groups and citizens of the state on Sunday dropped the shocking news that the state revenue has fallen by 74 per cent. At its zenith, Ogun state was making N6billion monthly from internally generated revenue up till 2014.

But on Sunday, Governor Amosun did not give the comparative revenue figures as of now, while enumerating the various bills his government pays to run its schools.

“Things are not like when we came in. What we are collecting now is 74 per cent less than what we were collecting in 2011 when we came into office.

” Imagine paying almost N800M to N900M monthly to our schools and it is interesting to know that we have the largest number of institutions in the country and most of them are state owned.

“We pay Olabisi Onabanjo University,OOU N85.5M every month and it was paid for four years. We have also paid backlog of 18-19 months. If you multiply this by 12 and times by 48, it means that in four years,we have paid over N40billion to them. You will agree with me that it is not easy, but we will not relent.

“TASUED with total number of students of almost 20,000 collects between N50M to N60M monthly,MAPOLY, Abeokuta of about 25,000 students receives N40M,OOUTH,Sagamu,N190M, DS Adegbenro,Itori,about N8M.

“The primary school teachers are not there,they take away nothing less than N2.1billion monthly and if we added the secondary staff to it,it gives you something around N3.2billion.

http://www.metronaija.com/2016/05/ogun-state-revenue-drops-by-74.html

cc: lalasticlala mynd44

Amosun, we all understand Nigeria economy is bleeding but don't follow the part of the Ponmo cutting Ewa Agonyin seller counter part of Ekiti or Baba Kabiru of Osun State.

And Ebonyi keeps going higher

Please what happen to the tuition fees being collected by these school if Govt need to give TT them that huge amount.A Proper Audit to be carryout in all Govt Higher Institutions on how every fees collected by them expended.

Okokobeoko

Lol.. . Nigerians don't know we're they are, next time u will force ur governments to have reserves

Very soon, u will hear,"I can't sell myself to pay salaries" - Amosun.

But it's d truth he is saying.

metronaija:
The treasury of the Ogun state government has gone leaner these days, as the gloomy Nigerian economy takes its toll.

Governor Ibikunle Amosun at an interactive session with various groups and citizens of the state on Sunday dropped the shocking news that the state revenue has fallen by 74 per cent. At its zenith, Ogun state was making N6billion monthly from internally generated revenue up till 2014.

But on Sunday, Governor Amosun did not give the comparative revenue figures as of now, while enumerating the various bills his government pays to run its schools.

“Things are not like when we came in. What we are collecting now is 74 per cent less than what we were collecting in 2011 when we came into office.

” Imagine paying almost N800M to N900M monthly to our schools and it is interesting to know that we have the largest number of institutions in the country and most of them are state owned.

“We pay Olabisi Onabanjo University,OOU N85.5M every month and it was paid for four years. We have also paid backlog of 18-19 months. If you multiply this by 12 and times by 48, it means that in four years,we have paid over N40billion to them. You will agree with me that it is not easy, but we will not relent.

“TASUED with total number of students of almost 20,000 collects between N50M to N60M monthly,MAPOLY, Abeokuta of about 25,000 students receives N40M,OOUTH,Sagamu,N190M, DS Adegbenro,Itori,about N8M.

“The primary school teachers are not there,they take away nothing less than N2.1billion monthly and if we added the secondary staff to it,it gives you something around N3.2billion.

http://www.metronaija.com/2016/05/ogun-state-revenue-drops-by-74.html

cc: lalasticlala mynd44

But he told journalists in Aso rock that ogun state has the most highest IGR in nigeria about two weeks ago. So which do we believe? Anyway just pay our parents their gratuity from the refund coming from Federal Government. They're dying of starvation almost four years they have retired. Diaris god o.

Ogun State is the most industrialized state in the country and it is only normal for it's revenue to cut short based on the present predicament faced by the manufacturing sector.

Restrictions on forex,fuel scarcity and inflation has caused upto 50% of the manufacturers to close down or operate at a low rate which will affect the tax been collected from Ogun state.

Why did the revenue drop? Could it be that workers became less productive? I laugh in dependence on oil language.

Goahead:
And Ebonyi keeps going higher

What is the capacity of work force in the abadoned state and Ogun state.
Think before u write..

Standing5:
Why did the revenue drop? Could it be that workers became less productive?
I laugh in dependence on oil language.

Non diversity of the FG, forex and the attacks by NDA

when you were allowing Multinationals invade you to the detriment of home grown entrepreneurs what did you expect. when the oil money that sustain the multinationals stops flowing you will be in trouble unlike the local entrepreneurs who have the ruggedness and resilience to withstand tough times

OkoNDOoBo:


What is the capacity of work force in the abadoned state and Ogun state.

Think before u write..

Reduce your over bloated civil service and develop the informal sector with local participation. stop consoling yourself

Ogbuefi2020:

Reduce your over bloated civil service and develop the informal sector with local participation. stop consoling yourself

SEEN. Next pls