richmanrichard:
Anambra borrow themselves out of existence? link pls or you are just making up news to support buhari's excess.

NGpatriot:


Ignorant and unintelligent, thanks for letting us know that Lagos/Ibadan are both in Niger.

Too many illiterate BifraNISTAN terrorists on NL..

NGpatriot:



The same applies to all federal loans, it's just that many of you don't read or just don't know how to read.

OLDESTWARRIBOY:





oya with the 13% derivative...what still happen? Have you been to baylesa recently?? Nothing happened. Who loot the money?? Shebi na Buhari and the north shebi?

Subomi11:
The BMC crew are something else, what is the rationale between the two. N25Billion is less than monthly IGR of Rivers State can same be said of the over N55Trillion borrowed by PMB.

sonofElElyon:


Debt burden is the issue... not debt. Countries and federating units can borrow.. there's healthy debt portfolio and unhealthy... Buhari has borrowed, reborrowed, extra borrowed and overborrowed !

Despite their huge IGR potentials, the debt/IGR ratio for Lagos and [b]Rivers states as of December 31, 2020 were 249 per cent and 259 per cent respectively,

https://guardian.ng/news/state-governments-face-historic-liquidity-crises/

NGpatriot:

poiZon:

So u will rather North and buhari loot the money than those from the states that the monies suppose to go to?
I earn 10naira every day, my employer pays me 2naira and share the rest to others who sits at home and play ludo while i was working.
And i protest this anomaly, instead of getting support from my co-workers, they came up with silly and idiotic thoughts.
Brother e better make monies accrued to my state be wastes by people from my state than make aboki wey no sabi nothing dey waste am.
Governance na turn by turn, no govt will be for ever, mostly 8yrs u pack and leave, another person will come in. Someday someday, someone with the fear of God and with patriotic instnct will be at the helm of affairs... I and we will rejoice.
Am from akwaibom, we generate 180mw of electricity, the power plant was built, financed solely by the state govt, but the state doesnt control the power we generate. 80percent of what we generate goes to other states while paltry 20percent is sent back to us.
Is this fair?

Bobbysmicky:
Atleast he is working and using the money to transform his state

Moferere:
Still don't understand why states like Rivers, Lagos, Anambra and Ogun are borrowing themselves out of existence.


Na that Lagos and Anambra drunkard Governor own dey vex me pass

Ferrous:


I have never said borrowing is a bad idea, but, the supposed projects to be funded only exists on the pages of newspaper after the weekly FEC meeting; ghost projects.

OLDESTWARRIBOY:


You just claimed you prefer your kinsmen to loot the money than Buhari/north which is the same difference.
Why not fight so that the money will not be looted at all and be used for what's needed.

That power plant issue is story for another day!!

naturefellow:
Buhari's foot soldier, well done!

NGpatriot:

BiafraNISTAN Jihadi Taliban ipob, well done.

NGpatriot:




Ignorant and unintelligent, thanks for letting us know that Lagos/Ibadan are both in Niger.

Too many illiterate BifraNISTAN terrorists on NL..

naturefellow:
as expected. Lowlife!

poiZon:

I should fight that monies won't be looted, like buhari stopped it abi?
There will always be looting...so far loyalty is graded over competency in the nigerian polity..
If buhari that campaign to stop looting is even embroiled in looting, na me wan come stop am.. Will always be advocate of control what u have..
Whether we have thieves who r controlling it doesnt matter. They r just overseeing it but not custodians of the seat. Power is transient.. Tomorrow better leader will come, we don't want him to come start fighting for resource control, 13peecent derivatives, or VAT.

Mynd44:
What is the problem?

You have never seen an hypocrite before?

Abegi

Bobbysmicky:
Atleast he is working and using the money to transform his state

OLDESTWARRIBOY:


See I'm all for each state controlling their resource and all that but the main issue, it's still won't fix anything. They will still loot the money. The only ones that will benefits are Governors and LGA chairmans

poiZon:

It will fix many things.. What we need is power, power n power.
Once there is stable power, average youth can do what he wants with lean resources.
States will have state police, na indigenes of that state them go employ, human capacity devt will be pursued earnestly, someone won't sit in asorock and wants to install a govr in someone's state.
There will be competition cos states won't wait for abuja to give them money.

I see beyond present crop of leaders, i don't believe all nigerians r evil like the present leaders we have..
When lateed jakande was govr of lagos state, he did so many things... His legacies r still visible till today...
Today most states r lazy cos they know atall atall money must enter their account every month end. With or without working..

Titto93:

U re too biased to be a mod.
As much as u try to hide it, it is in u.

poiZon:

It will fix many things.. What we need is power, power n power.
Once there is stable power, average youth can do what he wants with lean resources.
States will have state police, na indigenes of that state them go employ, human capacity devt will be pursued earnestly, someone won't sit in asorock and wants to install a govr in someone's state.
There will be competition cos states won't wait for abuja to give them money.

I see beyond present crop of leaders, i don't believe all nigerians r evil like the present leaders we have..
When lateed jakande was govr of lagos state, he did so many things... His legacies r still visible till today...
Today most states r lazy cos they know atall atall money must enter their account every month end. With or without working..