Story!!!....for what?

FreeStuffsNG:
For the good of a greater Lagos.
Please invest in Lagos today.
Thank you.

Too jejune.


Please invest in Anambra the light of the nation

To fund Tinubu's presidential ambition

God help Nigeria

Mooh247:
Small peanut

Lagos makes 30 billion monthly and 360 billion only on just Lagos Inland Revenue Tax

WHY BORROWING?

FreeStuffsNG:
For the good of a greater Lagos.
Please invest in Lagos today.
Thank you.

Which greater Lagos go Lagos Island slums.

efrebor177:
Adsence account for sale: contact info.fremigr@gmail.com

Nigeria or US account, and how much?

OFFICIAL336:
Check through all the SW states and see the heavy amounts they are borrowing yet they claim to be leading in IGR.

You can't claim to be leading in IGR yet you borrow like a broke drunk and there is no meaningful development in your state.

Ebonyi debt is 42 billion while Ekiti is 106 billion.

SOUTH WEST

Ekiti 106 billion

Lagos 659 billion

Ogun 233 billion

Ondo 64 billion

Osun 135 billion

Oyo 143

TOTAL = 1.34 trillion

Average debt per state = 223.3

SOUTH EAST

Abia 95 billion

Anambra 56 billion

Ebonyi 42 billion

Enugu 69 billion

Imo 205

TOTAL = 467 billion

AVERAGE = 93.4

South West is criminally overrated

I’m not very good in Economics and all that but what I think is the South West states are given more loans just cause they have the ability to pay back (the IGR like you stated). Take for example, if the bank wants to borrow you money, they check your financial history and your ability to pay back. In conclusion, you may be wrong about SW states being overrated.

OFFICIAL336:
Check through all the SW states and see the heavy amounts they are borrowing yet they claim to be leading in IGR.

You can't claim to be leading in IGR yet you borrow like a broke drunk and there is no meaningful development in your state.

Ebonyi debt is 42 billion while Ekiti is 106 billion.

SOUTH WEST

Ekiti 106 billion

Lagos 659 billion

Ogun 233 billion

Ondo 64 billion

Osun 135 billion

Oyo 143

TOTAL = 1.34 trillion

Average debt per state = 223.3

SOUTH EAST

Abia 95 billion

Anambra 56 billion

Ebonyi 42 billion

Enugu 69 billion

Imo 205

TOTAL = 467 billion

AVERAGE = 93.4

South West is criminally overrated

Are they not leading in IGR Borrowing is an indication of economic activity you know.
Why not say the U.S with by far the highest debt on earth is criminally overrated.

OFFICIAL336:
Check through all the SW states and see the heavy amounts they are borrowing yet they claim to be leading in IGR.

You can't claim to be leading in IGR yet you borrow like a broke drunk and there is no meaningful development in your state.

Ebonyi debt is 42 billion while Ekiti is 106 billion.

SOUTH WEST

Ekiti 106 billion

Lagos 659 billion

Ogun 233 billion

Ondo 64 billion

Osun 135 billion

Oyo 143

TOTAL = 1.34 trillion

Average debt per state = 223.3

SOUTH EAST

Abia 95 billion

Anambra 56 billion

Ebonyi 42 billion

Enugu 69 billion

Imo 205

TOTAL = 467 billion

AVERAGE = 93.4

South West is criminally overrated

Lenders will lend to you if you're credit worthy and economically sustainable... it's why people lend to America. South east isn't a viable region.

OFFICIAL336:
Check through all the SW states and see the heavy amounts they are borrowing yet they claim to be leading in IGR.

You can't claim to be leading in IGR yet you borrow like a broke drunk and there is no meaningful development in your state.

Ebonyi debt is 42 billion while Ekiti is 106 billion.

SOUTH WEST

Ekiti 106 billion

Lagos 659 billion

Ogun 233 billion

Ondo 64 billion

Osun 135 billion

Oyo 143

TOTAL = 1.34 trillion

Average debt per state = 223.3

SOUTH EAST

Abia 95 billion

Anambra 56 billion

Ebonyi 42 billion

Enugu 69 billion

Imo 205

TOTAL = 467 billion

AVERAGE = 93.4

South West is criminally overrated

Their Son yemi is in charge of NBS, so you shouldn't be surprised by his lop-sided IGR statistics to favour his poverty plagued region....

If u ever step your feet into core yoruba-land you will be shocked at the hight of their advanced backwardness and primitivity. Afonja bubonic rats are still stucked in stone age.

The 'emergence' of the internet and other tribes venturing into media and journalism, gave a dirty blow to their propaganda and lies they have been propogating for decades.

Lagos state... taking the lead always. You people still carry first position in debt.

... Igbos are very funny. If this stat doesn't favour them they won't support it but so fah it favours their very own states they rally round to believe it. Igbo kwenu

BSdetective:


Lenders will lend to you if you're credit worthy and economically sustainable... it's why people lend to America. South east isn't a viable region.

Afonja bubonic E-rat with their stupid senile opinions as usual...

U have what it takes to repay the loans and yet there is an outrageous growth in your debt stocks...lol

South east isn't economically viable and yet only rivers, Anambra and lagos' being a melting point for all ethnic groups can fund it own budget successfully.

Tinubu and Sanwo Olu looting Lagos ruthlessly for Tinubus funny presidential run..
That's how they claimed to be treating a COVID-19 patient with One million naira per day!

There is no developmental project in Benue but still the state rank high in debt...What is the Governor doing with the borrowed money?

Where do you think all the money Tinubu is spending is/will come from, this I know wouldn't be easy or happen under Ambode and Jagaban sees it coming.

Me dey dey find where to borrow.

bomb24:


Afonja bubonic E-rat with their stupid senile opinions as usual...

U have what it takes to repay the loans and yet there is an outrageous growth in your debt stocks...lol

South east isn't economically viable and yet only rivers, Anambra and lagos' being a melting point for all ethnic groups can fund it own budget successfully.

And how is that your business?

Rugaria:
Tinubu and Sanwo Olu looting Lagos ruthlessly for Tinubus funny presidential run..
That's how they claimed to be treating a COVID-19 patient with One million naira per day!

How is that your business

Nendan:
That twice the economy of some sub-sahara African countries, yet they are more developed than Nigeria.

Guys vote wisely in the next election

Like which countries?

bomb24:


Their Son yemi is in charge of NBS, so you shouldn't be surprised by his lop-sided IGR statistics to favour his poverty plagued region....

If u ever step your feet into core yoruba-land you will be shocked at the hight of their advanced backwardness and primitivity. Afonja bubonic rats are still stucked in stone age.

The 'emergence' of the internet and other tribes venturing into media and journalism, gave a dirty blow to their propaganda and lies they have been propogating for decades.

Everyone knows NBS skewed their stats to favour SW. There is no single NBS stat that will not put them ahead of others.

I was in Ondo in November and I wept for Yorubas. We drove through Ogun, Oyo and Osun.

I can tell you Yoruba cities are criminally overrated

Lagos State in direct competition, with FG debt levels.......

Mooh247:
Small peanut

Lagos makes 30 billion monthly and 360 billion only on just Lagos Inland Revenue Tax

Yes, by your logic, the entire gross earning should be used to service debt and not fix infrastructure (capital expenditure) and salaries recurrent expenditure?

Lagos is not doing well if you compare debt to income.

If Lagos generates ₦460 billion from taxes (LIRS) collects all income for LASG.

Salaries alone for Civil servants is about ₦10 billion a month. Political appointees gets paid, Alphabeta, takes their share etc.

At the end of a fiscal year, Lagos State will not break even, that is why they have to still borrow and now owe close to ₦1trillion.

What Lagos is earning in a fiscal year is less than what they spend

BSdetective:


Lenders will lend to you if you're credit worthy and economically sustainable... it's why people lend to America. South east isn't a viable region.

Yorubas don't take responsibility and you guys lie a lot

Why not check the top 10 States in fiscal responsibility. Thanks for the internet, everyone is seeing through Yoruba lies.

Anyway that is not the argument. Why is SW heavily indebted despite claiming to generate the highest IGR

Just to bankroll politicians's inordinate desire

OFFICIAL336:

Everyone knows NBS skewed their stats to favour SW. There is no single NBS stat that will not put them ahead of others.

I was in Ondo in November and I wept for Yorubas. We drove through Ogun, Oyo and Osun.

I can tell you Yoruba cities are criminally overrated

Their under-development cannot be over-emphasised....

Their region is the least developed.

Poverty has transformed into a physical form in yoruba-land; apparently they know this.

tartar9:

Are they not leading in IGR Borrowing is an indication of economic activity you know.
Why not say the U.S with by far the highest debt on earth is criminally overrated.

You can't be leading in IGR and yet heavily indebted. It's not possible

SW is still the most undeveloped part of the South if you remove Lagos. So where are the money going into?

Check US debt profile and compare with SW's.

Do you know some of those debts are intergovernmental transfer and another chunk are in private hands?

SW debts are mostly external.

You generate the highest IGR

You are the most Indebted

You received the highest FG bailout fund

You lead in the list of the most vulnerable households

SW has the ugliest villages in the South

Yorubas live in the worst houses

SW has as much bad roads as other region in the South

SW is the only region in the South without a single state funded airport

So what are you doing with all those IGR and debts?

Sombodys bullion Election