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List Of 8 States That Landed In Financial Distress And Why - Politics (3) - Nairaland

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Re: List Of 8 States That Landed In Financial Distress And Why by samdunzo: 6:07pm On Nov 30, 2020
Its only a matter of time before states are merged into regions... I see no reason as to why we have 36 governors of largely unproductive states when the better option would be having 6 governors of potentially strong regions... One olodo was even openly saying that he only visits his state 3 times a month... what kind of nonsense is that?

3 Likes

Re: List Of 8 States That Landed In Financial Distress And Why by BigBizzy(m): 6:07pm On Nov 30, 2020
Kogi state?

Same state wey them say them dey beg the governor to be president? Abi the man way plunge the country further downwards like buhari

1 Like

Re: List Of 8 States That Landed In Financial Distress And Why by Fantasticcc: 6:09pm On Nov 30, 2020
I knew South West will be there.All they do is lie and lie. imagine Yoruba people without ondo state that doesn't belong to them, just a matter of time the truth will come out.

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Re: List Of 8 States That Landed In Financial Distress And Why by Nobody: 6:09pm On Nov 30, 2020
Come to ther east and see afonjaz causing nuisance, una no go gree.

Unlike the igbos in the west, the yorubas here contribute nothing to the economy.

flokii:
At this stage, I feel everyone should go back to their state of origin and put it in order.

Why will Oyo be accomodating her own indigenes and millions of economic refuges coming in to compete with locals for livelihood. How do you expect the state government to cater for the huge population of migrants??

See the other day, shameless Okorocha went to Sanwo Olu to solicit better welfare for Imo indigenes in Lagos. Please is Imo state not collecting allocations from FG and generating revenue?
Omo odua una better wake up before some people hide under one Nigeria to finish you. How many Yorubas do you see running to their place? None!

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Re: List Of 8 States That Landed In Financial Distress And Why by Nathan2016: 6:15pm On Nov 30, 2020
Whiteshield:


Most of those states are states where the majority of workers are civil servants. How many civil servants are in Abia?


Every state has civil servants.

2 Likes

Re: List Of 8 States That Landed In Financial Distress And Why by SocialJustice: 6:17pm On Nov 30, 2020
Lol.
Re: List Of 8 States That Landed In Financial Distress And Why by uniquelyspecial(m): 6:22pm On Nov 30, 2020
Whiteshield:


Most of those states are states where the majority of workers are civil servants. How many civil servants are in Abia?
Abeg which civil service work dey those states wey no they Abia?
Na govt school, LG secretariats, state ministries, abi wetin?

3 Likes

Re: List Of 8 States That Landed In Financial Distress And Why by XANDERO85: 6:22pm On Nov 30, 2020
BastardWike:
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 undecided

You could still make your point without recourse to using the word PIG! Unless it means another thing since the last time i checked!

1 Like

Re: List Of 8 States That Landed In Financial Distress And Why by Danzysb(m): 6:23pm On Nov 30, 2020
Whiteshield:


Most of those states are states where the majority of workers are civil servants. How many civil servants are in Abia?
This question does not make any sense
Just Imagine 'How many civil servants are in abia'...

7 Likes 2 Shares

Re: List Of 8 States That Landed In Financial Distress And Why by unshakablejihad: 6:25pm On Nov 30, 2020
Whiteshield:


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.

chai diz one pain u die ndo sorly!

u conehead zebra looking men manipulated IGR has been bursted.

wen d hit is dwn ur only silly excuse is to pour out premature ejaculation on igbos influx in sw knwing fully igbos are everywere in nigeria from kaduna to kano,abuja,jos nd even adamawa buh afonja like u who hv no sense of reasoning, wen thoroughly pumelled by igbos dat is d only bullshit u cum up wit...

nw crawl bck to the slum from whence u came, ur poverty stricken states are abt to annihiliated by poverty wich is synonymous wit the yorubas or u culd beg the FG to declare human skull as solid mineral to help in raising ur IGR to pay up ur debts since ur tribesmen are totally worthless to the economic value of nigeria.

12 Likes 4 Shares

Re: List Of 8 States That Landed In Financial Distress And Why by Nobody: 6:25pm On Nov 30, 2020
samdunzo:
Its only a matter of time before states are merged into regions... I see no reason as to why we have 36 governors of largely unproductive states when the better option would be having 6 governors of potentially strong regions... One olodo was even openly saying that he only visits his state 3 times a month... what kind of nonsense is that?

The truth is, the regions were not better than the states either.

The problem with Nigeria is that we think that rich and prosperous nations genmerate revenue by selling raw materials and sharing the money

The harsh truth? It is by taxation that rich nations meet most of their needs...and some countries tax everything.

Regions won't work. We don't have the agricultural markets we had in the 1960's. We don't even have the type of farming system that can produce enough cash crops for export.Mining too is poorly regulated, plus we don't mine enough to sustain ourselves. Plus the old regions mainly consisted of big triobes dominating smaller ones...which is what the state structure largely avoids.

Modified...As an example of how tax pervasive some countires are...in the US, a guy won a car on a nationally teelvised TV show. For the privilege of collecting that car he paid taxes of $3000 . In Nigeria, he would have colelcted the car and gone home.

2 Likes

Re: List Of 8 States That Landed In Financial Distress And Why by pasol4real(m): 6:27pm On Nov 30, 2020
Whiteshield:


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.
That’s the point.
After the incident, the igbos left those states, today like they say all is history. As you can see those states are practically dead states.....

8 Likes 1 Share

Re: List Of 8 States That Landed In Financial Distress And Why by XANDERO85: 6:36pm On Nov 30, 2020
flokii:
At this stage, I feel everyone should go back to their state of origin and put it in order.

Why will Oyo be accomodating her own indigenes and millions of economic refuges coming in to compete with locals for livelihood. How do you expect the state government to cater for the huge population of migrants??

See the other day, shameless Okorocha went to Sanwo Olu to solicit better welfare for Imo indigenes in Lagos. Please is Imo state not collecting allocations from FG and generating revenue?
Omo odua una better wake up before some people hide under one Nigeria to finish you. How many Yorubas do you see running to their place? None!

Unbelievable! You just can’t take responsibility for your own failings can you? You just had to find a way to blame the ‘okoros’.....people who are busy minding their own business and doing the ‘one Nigeria’ you lot forced them at gun point to do!

This was how you looked at all the mayhem and destruction caused in Lagos during the endsars protest, and then blamed it all on the ‘pesky Igbos’!

10 Likes 1 Share

Re: List Of 8 States That Landed In Financial Distress And Why by samdunzo: 6:44pm On Nov 30, 2020
PhiliptheArab:


The truth is, the regions were not better than the states either.

The problem with Nigeria is that we think that rich and prosperous nations genmerate revenue by selling raw materials and sharing the money

The harsh truth? It is by taxation that rich nations meet most of their needs...and some countries tax everything.

Regions won't work. We don't have the agricultural markets we had in the 1960's. We don't even have the type of farming system that can produce enough cash crops for export.Mining too is poorly regulated, plus we don't mine enough to sustain ourselves. Plus the old regions mainly consisted of big triobes dominating smaller ones...which is what the state structure largely avoids.

Modified...As an example of how tax pervasive some countires are...in the US, a guy won a car on a nationally teelvised TV show. For the privilege of collecting that car he paid taxes of $3000 . In Nigeria, he would have colelcted the car and gone home.

Im not saying go back to the old regions, we have 6 geopolitical zones and I believe those should be used as federating units. What i do not approve is the waste going on with states. Copying the US model was a big mistake. Nigeria is much more similar to the UK, a union of different nationalities(English, Welsh, Scots, and Irish) than it is with the US(A settler colony). Our political structure needs to show that reality. The earlier we do this, the better

3 Likes

Re: List Of 8 States That Landed In Financial Distress And Why by AreaFada2: 6:45pm On Nov 30, 2020
agadez007:
Remove Oyo,Ekiti and Osun from that list
Those states according to Nairaland Afonja team are the richest in Nigeria nay Africa
So we see why SW cannot be serious with restructuring or fiscal federalism. When half the states in your region are like this, unity begging for oil money must be your avowed cause. Talk of favouring regionalism is the usual talking from both sides of the mouth.

Whereas agriculture could rescue these states if not standing akimbo waiting for oil money. grin

9 Likes 1 Share

Re: List Of 8 States That Landed In Financial Distress And Why by Basher8583: 6:45pm On Nov 30, 2020
agadez007:
Remove Oyo,Ekiti and Osun from that list
Those states according to Nairaland Afonja team are the richest in Nigeria nay Africa

Fvck off igbo migrant. No one has time for your bigotry.
And for your information in a Northerner but get irritated by this childish bigotry
Re: List Of 8 States That Landed In Financial Distress And Why by Nobody: 6:49pm On Nov 30, 2020
samdunzo:


Im not saying go back to the old regions, we have 6 geopolitical zones and I believe those should be used as federating units. What i do not approve is the waste going on with states. Copying the US model was a big mistake. Nigeria is much more similar to the UK, a union of different nationalities(English, Welsh, Scots, and Irish) than it is with the US(A settler colony). Our political structure needs to show that reality. The earlier we do this, the better

1.And the same waste won't happen under the regions, even the new six regions...

2.If we wanted to be like the UK..we would end up with anything from 100-250 federating units. Sure you want that?

3.The problem with revenue in Nigeria is that we have a low tax to gdp ratio, as I have pointed out uptheread. Because most states would rather wait for oil money rahter than charge taxes...because many Nigerians beleive that the revenue we earn from selling oil can cater for all of us.

4.Even with regions, the revenue issues would still be there.Plus the complaints of 'big tribe is dominating small tribes'..which is what led to state creation in the first place (and there are lots of applications pending for new states...if not that the Constitution makes it very hard to create more states)

1 Like

Re: List Of 8 States That Landed In Financial Distress And Why by AreaFada2: 6:50pm On Nov 30, 2020
Basher8583:


Fvck off igbo migrant. No one has time for your bigotry.
And for your information in a Northerner but get irritated by this childish bigotry
You are a Northern confusionist on Taqqiya mission to deceive SW people as usual.

The guy said the truth. We see why you Northerners and most in SW want no restructuring. Let Fulani return to Funta Jallon, Niger and Chad first then we talk of who is a migrant.
Agadez007

8 Likes 1 Share

Re: List Of 8 States That Landed In Financial Distress And Why by Kaiser20: 6:52pm On Nov 30, 2020
Oyo state is the richest state in Africa but only on Twitter and instagram

5 Likes 1 Share

Re: List Of 8 States That Landed In Financial Distress And Why by Greenback: 6:59pm On Nov 30, 2020
And yet you will still see them with their scratched faces ranting to whoever care to listen that Oyo state is bigger than the five eastern states together...big4nathn. grin

7 Likes 1 Share

Re: List Of 8 States That Landed In Financial Distress And Why by Daum: 6:59pm On Nov 30, 2020
One of the reasons why we reelected Obaseki. To manage the small that we have. By now Ize Iyamu would have been borrowing heaven and earth.

Edo no get money like the rest of her SS brothers but we ain't broke.

8 Likes 1 Share

Re: List Of 8 States That Landed In Financial Distress And Why by samdunzo: 7:04pm On Nov 30, 2020
PhiliptheArab:


1.And the same waste won't happen under the regions, even the new six regions...

2.If we wanted to be like the UK..we would end up with anything from 100-250 federating units. Sure you want that?

3.The problem with revenue in Nigeria is that we have a low tax to gdp ratio, as I have pointed out uptheread. Because most states would rather wait for oil money rahter than charge taxes...because many Nigerians beleive that the revenue we earn from selling oil can cater for all of us.

4.Even with regions, the revenue issues would still be there.Plus the complaints of 'big tribe is dominating small tribes'..which is what led to state creation in the first place (and there are lots of applications pending for new states...if not that the Constitution makes it very hard to create more states)

Under a regional structure, there would be economies of scale that if realized, would fare better than even the best of states
Each region can have subunits(LGA) with greater degrees of autonomy, helping reduce any potential conflict in multiethnic regions (NE, MB, and ND)
Exactly why i believe it is better to address this problem now via the creation of regions and decentralization of certain sectors that will create jobs than wait for oil money to stop flowing.
As I said earlier, the issue of domination can be addressed through laws and decrees. It is likely that the state HOA's would combine to form one big regional HOA, so all groups would still be represented within that regional government

1 Like

Re: List Of 8 States That Landed In Financial Distress And Why by Greenback: 7:11pm On Nov 30, 2020
flokii:
At this stage, I feel everyone should go back to their state of origin and put it in order.

Why will Oyo be accomodating her own indigenes and millions of economic refuges coming in to compete with locals for livelihood. How do you expect the state government to cater for the huge population of migrants??

See the other day, shameless Okorocha went to Sanwo Olu to solicit better welfare for Imo indigenes in Lagos. Please is Imo state not collecting allocations from FG and generating revenue?
Omo odua una better wake up before some people hide under one Nigeria to finish you. How many Yorubas do you see running to their place? None!

See thus one whinning and lamenting grin


Shebi you people are hell-bent on your beloved one zoogeria....so Nigerians are free and can live anywhere they like...you can keelp up with the lamentations grin

6 Likes

Re: List Of 8 States That Landed In Financial Distress And Why by Arkmanbuddy(m): 7:16pm On Nov 30, 2020
BastardWike:
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 undecided

Yet your brothers keep trouping into these same States from the East...what's the point in generating so much revenue that doesn't reflect on the lives of the people.

All we ask for is good governance and no corruption everywhere.
Re: List Of 8 States That Landed In Financial Distress And Why by Danzysb(m): 7:19pm On Nov 30, 2020
After all the chest beating from our south west brothers that they have the highest IGR in the Universe..oyo,osun and ekiti cannot generate enough to pay salaries,and someone here still blame Igbos for their misfortune,please we have many migrants in their thousands of hausa decent here in the east thriving in business and doing their business here,so why complain about immigrants...lets learn to look inwards please

8 Likes 3 Shares

Re: List Of 8 States That Landed In Financial Distress And Why by Multiplier7(m): 7:21pm On Nov 30, 2020
Ebonyi state is a typical example of small state big God...imagine the fits they are pulling

South West people have you guys seen it? Is not by mouth only. Learn to "walk work your mouth talk". Ndi awon brown roof republic

On a second note, am noticing a lot of yeruba people in southeast this days o. I thought they said their states are heaven on earth, abi na another mouth talk as usual

10 Likes 2 Shares

Re: List Of 8 States That Landed In Financial Distress And Why by Onyemaya: 7:22pm On Nov 30, 2020
Abia State is better than all the south west states apart from Lagos State.
lagos state and Abia State are on the same level.
from today henceforth no yoruba state should spew thrash against any south east state again because they are not mate.

8 Likes 4 Shares

Re: List Of 8 States That Landed In Financial Distress And Why by Jonasbadoo2(f): 7:25pm On Nov 30, 2020
Arkmanbuddy:


Yet your brothers keep trouping into these same States from the East...what's the point in generating so much revenue that doesn't reflect on the lives of the people.

All we ask for is good governance and no corruption everywhere.
STFU
Igbos only go to Lagos that's it
No body get time for your remaining useless 5 other states

9 Likes 2 Shares

Re: List Of 8 States That Landed In Financial Distress And Why by Maduawuchukwu(m): 7:27pm On Nov 30, 2020
PhiliptheArab:


The truth is, the regions were not better than the states either.

The problem with Nigeria is that we think that rich and prosperous nations genmerate revenue by selling raw materials and sharing the money

The harsh truth? It is by taxation that rich nations meet most of their needs...and some countries tax everything.

Regions won't work. We don't have the agricultural markets we had in the 1960's. We don't even have the type of farming system that can produce enough cash crops for export.Mining too is poorly regulated, plus we don't mine enough to sustain ourselves. Plus the old regions mainly consisted of big triobes dominating smaller ones...which is what the state structure largely avoids.

Modified...As an example of how tax pervasive some countires are...in the US, a guy won a car on a nationally teelvised TV show. For the privilege of collecting that car he paid taxes of $3000 . In Nigeria, he would have colelcted the car and gone home.

One of the reasons Gowon fought the civil war was because the regions were becoming bankrupt and the nation had to rely on crude oil which was becoming a massive revenue earner and which was located in the eastern region. Most people do not know this.

5 Likes 1 Share

Re: List Of 8 States That Landed In Financial Distress And Why by 24SEVEN: 7:30pm On Nov 30, 2020
flokii:
At this stage, I feel everyone should go back to their state of origin and put it in order.

Why will Oyo be accomodating her own indigenes and millions of economic refuges coming in to compete with locals for livelihood. How do you expect the state government to cater for the huge population of migrants??

See the other day, shameless Okorocha went to Sanwo Olu to solicit better welfare for Imo indigenes in Lagos. Please is Imo state not collecting allocations from FG and generating revenue?
Omo odua una better wake up before some people hide under one Nigeria to finish you. How many Yorubas do you see running to their place? None!


There are hundreds of thousands of Yorubas in Rivers. We haven't written the same nonsense you've written.

8 Likes 3 Shares

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