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Nairaland Forum / Nairaland / General / Politics / Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula (9338 Views)
Northwest Demands Lion Share Of Revenue Allocation To States, LGAs / Lagos State Insists On Special Revenue Allocation / 5 States That Received The Highest Revenue Allocation In H1 2019 (2) (3) (4)
Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Islie: 8:23am On Oct 05, 2021 |
•Sanwo-Olu reiterates demand for special status •Says prosperity of Lagos has multiplier effect on S’West, Nigeria By Segun James https://www.thisdaylive.com/index.php/2021/10/05/fiscal-federalism-lagos-demands-1-in-revenue-allocation-formula/ Lalasticlala 7 Likes
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Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by inoki247: 8:55am On Oct 05, 2021 |
ok |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by aikyg(m): 8:55am On Oct 05, 2021 |
Lagos is one state in Nigeria that can afford to be a country of its own, without taking any loan from anybody. This statement is entirely true as long as they have access to the oil in the Niger Delta. The economy of Lagos was built by money from other parts of the country. Lagos has no major mineral resources and the indigenes are not one of the best educated in Nigeria. Highly intelligent people from different parts of the country moved Lagos to where it is today and most of them were raised and educated in other states. Now, the question is should Lagos state alone take all the proceeds of the labour and investment that smart people from other states put in to bring the state to where it is today or should there be a form of reparation in the spirit of brotherhood and 'justice'? 15 Likes 1 Share |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Dozie32(m): 8:55am On Oct 05, 2021 |
Its well.. |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by tradepunter: 8:56am On Oct 05, 2021 |
Lol |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by chidonweb(m): 8:56am On Oct 05, 2021 |
Yes. Lagos need serious attention. The population continue to grow higher. Lagos is a country inside a country 26 Likes 1 Share |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Nobody: 8:56am On Oct 05, 2021 |
20k |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Polynek(m): 8:56am On Oct 05, 2021 |
Noted |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by bouncin04(m): 8:56am On Oct 05, 2021 |
not heard from this man for almost a year now, since the Lekki toll gate eish, it's obvious he was cautioned by some dark elements. 1 Like |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Nadaken: 8:56am On Oct 05, 2021 |
Supported Monies should be taken off north since they only use it for jihad and ransom payment which later becomes burden to the nation |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by NaijaOlosho(f): 8:56am On Oct 05, 2021 |
Tinubu |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by mogbeyiteren: 8:56am On Oct 05, 2021 |
Nigeria will end up with James Ibori's quest for resource control 2 Likes |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Prosperous111(m): 8:57am On Oct 05, 2021 |
Which kind formula be this again? Why dem go Dey allocate 1% for Lagos state abi nah me no read the news well Anyway I believe you sanwo olu |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by otajipopo: 8:57am On Oct 05, 2021 |
Ok |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Maxymilliano(m): 8:57am On Oct 05, 2021 |
This is how you'd know a proactive governor ... Not the ones waiting to be pushed before demanding their rights 7 Likes |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by mcquin(m): 8:58am On Oct 05, 2021 |
I like the way Southern Nigeria is waking up to demanding for a better federating system. Only competition brings true developments. States should be competitors, not going cap in hand to Abuja. 3 Likes |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by oluwaseyi0: 8:59am On Oct 05, 2021 |
South are waking up against the parasitic North |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by KUNZEH(m): 9:00am On Oct 05, 2021 |
Lagos don wake up 1 Like |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by leksite120(m): 9:05am On Oct 05, 2021 |
aikyg:Your analysis no make at all. So because, there are people from all over the world making US great means they should share their proceed to all those countries bah? You can also make your state as great as Lagos . Some people worked for it 30 Likes |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by truthstands01: 9:08am On Oct 05, 2021 |
Nigeria ��is a fraud. What is the FG doing with 52.6%? The States and LG should take bulk of the resources and pay a small fraction to the center. That's the only to move Nigeria forward otherwise its a total fraud. 9 Likes |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Whitecoal711: 9:09am On Oct 05, 2021 |
Means to kill the fight for states right to its V.A.T Lagos is backing out |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by KunleyY19(m): 9:11am On Oct 05, 2021 |
Same way oil producing states enjoy 13% oil derivation... It's only fair if Lagos too gets the 1%. With over 500Bn generated yearly from VAT in Lagos. It's the logical thing to do in view of the ever increasing population in Lagos. 5 Likes |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by colestephan86: 9:12am On Oct 05, 2021 |
aikyg:You know very little, Lagos has being prospering long before Nigeria gained independence. As far back as the 1800s 19 Likes 2 Shares |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by einsteine(m): 9:12am On Oct 05, 2021 |
Lagos is partly "responsible" for the underdevelopment of other states just as crude oil is "responsible" for the deterioration of other sectors. 1 Like |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Gamesmart: 9:12am On Oct 05, 2021 |
This sef is even wrong/restrained. If FCT is getting 1%, then Lagos should be getting at least 2%. More reasonably, 3%! 11 Likes |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by obinoral1179(m): 9:15am On Oct 05, 2021 |
aikyg:the money is to cater for more people that will be migrating to Lagos according to your thinking... 11 Likes |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Cognitivereason: 9:15am On Oct 05, 2021 |
Keep scrolling if u don't understand how the sharing formula works..state takes 50% LGA takes. 35% and federal takes 15%.. truthstands01: 1 Like |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by MangekyoAlt: 9:15am On Oct 05, 2021 |
The government canvassed a special status designation for Lagos State, and proposed that the revenue sharing formula should be 34 per cent for the federal government, one per cent for the Federal Capital Territory, 42 per cent for state governments, 23 per cent for local governmentsNonsense. Anything other than 10% for the federal govt, 50% for the state govt, & then 40% for the local govt should not even be talked about. You people should give it hot to the abōkis. Make them receive the shock of their lives 3 Likes |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Cognitivereason: 9:17am On Oct 05, 2021 |
Such money should be used to develop other states so that people can live anywhere and be successful..or u want everybody to live in Lagos?. obinoral1179: 1 Like |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by thatsleepboy1: 9:17am On Oct 05, 2021 |
Re: Fiscal Federalism: Lagos Requests For 1% In Revenue Allocation Formula by Nobody: 9:18am On Oct 05, 2021 |
Each state will start demanding till they all agree to resource control, and formation of regional govt; else, Nigeria will split. 2 Likes 1 Share |
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