temmytanny:

your statement really amazed me. what has yoruba mentality got to do with this now?

you calling some one asssshole knowing vivdly welll that you have the main assssshole,

temmytanny:

Borrowing money isnt big deal afterall many countries of this world(US et al) live on debt. What we want to see is the impact of the money borrowed. Here in lagos, even a blind man can see what is going on.
The French and other European countries that borrowed them these money arent complaining cos they can see where the money is going(infrastructural development)so why are we complaining? I taught lagos debt would have been over 200b with structures am seeing around lagos.

Lagos generates over 600B yearly and if they are owing 124B(less 25%) it isnt too much. US have over $2.4Trillion debt and they are still ruling the world. Lagos will continue to be a living example for others to follow whether bad belle people like am or not.

Fashola is working(dont disturb), ACN is marketing(he dey pain you?) Tinubu is chopping( Can you prove it?) so why cant you all go to your state and force your government to do something.

olyivy:

Another Yoruba almajiri.

Where did you read about Yoruba mentality on my post?

Anu mpama!

felele:

The following caught my attention from the 234next.com article posted by the op. It does make sense o, and I'm bloody scared of the tax collectors for the next four years. What the hell are they doing with the money sef Surely doesn't cost as much as they're claiming for the rubbish road repairs and resurfacing they've been doing especially these last few months:

[b]Posted by Daniel on May 20 2011
This figure is incorrect. I watched a PDP gubernatorial aspirant give the correct figures on Silverbird TV a few months ago. He said the state has earned a total of N240b per year since Fashola started. I checked. It's true. He said the state has budgeted over N400b per year since Fashola started. I checked. It's true. He said Fashola himself claimed over 80% budget compliance every year since then, meaning they spent over 80% of N400b every year since 2007. That means they've spent at least N320b every year while earning a maximum of N240b every year, thereby leaving a debt overhang every year of about N80b. Last time I checked, N80b x 4years is equal to around N320b. We also know about the N50b Infrastructure bond, bringing this figure to N370b. Plus the N50b foreign debt, which is the cheapest of Lagos State's debts right now. Lagos actually owes, under Fashola alone, the sum of over N420b. They refuse to tell us the debt inherited from Tinubu, so we can only speculate on that one. Rumour has it that Tinubu's debts of over N180b was the reason Fashola embarked on an aggressive tax campaign, which he's going to intensify in this regime. May God help us Lagosians.[/b]

Obiagu1:

If Lagos can't pay up, sell the state!

alj_harem:

to who ?

Obiagu1:

If Lagos can't pay up, sell the state!

We will sell it and use a minute percentage of the proceeds to purchase your entire state and send you guyz parking to the core north where they have more than enough land mass to accommodate all   . . Just kidding and being naughty . . . You and Alj_ harem don show  . . are we about to herald the beginning of the derailment of the thread into ethnocentric lines  . . .i don arrange crocodile tail to whip and discipline all into line 

Obiagu1:

I can find buyers.

Obiagu1:

I can find buyers.

temmytanny:


Your calculations are wrong bro. the N240B is only from IGR . What of Federal allocations?

felele:

s

The calculations are not mine, my sister. But the bobo is correct sha o. I'm sure I heard Fashola say that they make N14b from IGR and N6b from federal allocation. That's N20b per month. N20b x 12months = N240b.

Simple Arithmetics.

dustydee:

if the money was properly utilized then no worries. The projects should pay up the debt in time. America owes trillions of dollars and the world hasn't ended.

olyivy:

Now how do we know if it was properly utilized. When we cant even ask question about Lagos without agberos like eko ile and his elder brother babapupa attacking us?

Howwww

KnowAll:

I[b]nteresting to note that the speakership in Lagos is embroiled in a 7 billion scandal. Whilst the Federal Republic's Speaker is embroiled in a 10 billion scandal. it would appear Lagos State is a Republic within a Republic, they seem to generate the headlines with jaw breaking figures associated with the centre, looks like being a commissioner in today's Lagos would soon be a lot better than being a minister in Nigeria.

Lagos is generating some jaw dropping and envious amount of money, it is a shame the cap in hand and ardent clamourer for more funds igbo Governors of the East and the born to rule Hausa/Fulani of northern Nigeria cannot share in the booty of Lagos they would have to contend themselves with the meagre Federal allocation from Abuja or die trying to rid themselves of poverty and deprivation.

Lagos carry go jare, but those in power should remember to carry the poor along. No wonder Afikuyomi is enjoying his commissionaire in Lagos State from what one would have thought was a higher position in the Senate. Some of the spoils of his new job amongst others was buying an abandoned ferry in London with the intention of making it into a 5 star hotel, we all know what happened to that dilapidated ship, it is presently marooned on one of the numerous creeks of Lagos without any future use in sight but you bet it some people have made a killing and are smiling all the way to the Bank, and did I hear someone say the God Father(Tinubu) is not a beneficiary of this scam that person must be on Kai Kai or Ogogoro[/b]

Afikuyomi didn't buy any boat and the state didn't either, Diamond bank bought and is the owner of the boat. Stay with the facts and stop spewing rumors

KnowAll:

I[b]nteresting to note how our tight fisted Nigerian Banks who would not give you a dime for a genuine project,  if you are not a "somebody" would embark on a spurious and fairy buy of a broken ferry from Britain.  I beg try another line of defence, that one would not hold water, the whole scam was an avenue to launder money out of the state and it was cleverly done to the letter. Kudos to " God Father" Tinubu, his stay in Chicago was for nothing he really gained a lot[/b]. 

ogunbado:

@Eko Ile, can you tell us how much debt Fashola met on ground in 2007 and what is the debt being owned at present and how much loan has been paid since. It is very important for us to know before you start to celebrate the most corrupt God father of our time, Tinubu. How many of the local roads in lagos state has been constructed in the last 12 years of ACN governance in Lagos State? Can you tell us how many of the intercity roads has been constructed or the inner streets in the main roundabout Lagos not to talk of inside Badagry, Epe or Ikorodu? Im very sure Tinubu and his boys has more than enough Alfa to be praying for the eyes of the lagosians not to be opened till thy kingdom come and im sure they must be using flower to do the voodoo. Because they have succeeded in using flowers to deceive Lagosians while the people living in Ajegunle, Maroko,Iyana Ipaja, Dopemu, Agege, Alakuko etc and the suburb are living in abject poverty with pot holes on their road, God save them now that rain has come

ogunbado:

@Hercules, Do you realise that Lagos is collecting federal allocation and generating lots of revenue from Lagosians? This is not about hating Tinubu, ACN or Fashola but facts.