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Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? (1440 Views)

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Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by Joevics(m): 8:53am On Jan 14, 2023
Bola Ahmed Tinubu, the presidential candidate of the All Progressives Congress (APC), has again made claims that he took Lagos IGR from N600 million to N5 billion monthly during his administration as governor of the state.

Tinubu, who is the presidential candidate of the ruling All Progressives Congress (APC) for the 2023 general elections, stated this during an interview with BBC News Africa.

The video posted on Twitter on December 6 has since garnered over 1.5 million views as of Friday, December 9, 2022.

In an attempt to convince the electorate to vote for him, Tinubu, who served as governor of Lagos State between 1999 and 2007, said he had a track record of building a modest state that could stand as a country.

“I am Bola Ahmed Tinubu. I have governed Lagos. I built a modest state that could be a country on its own,” he said.

“I have led an administration that is so prudent from N600 million internally generated revenue, to N5 billion a month. That’s a record. Nobody else can brag about that.”

Tinubu and his cronies differ on Lagos IGR

While Tinubu claims Lagos IGR stood at N600m per month in 1999, his running mate, Kashim Shettima, had said the state’s IGR stood at N700 million in 1999.

Speaking at the annual general conference of the Nigerian Bar Association (NBA) in August, Shettima said Tinubu raised Lagos IGR from N700 million when he took office as governor in 1999, adding that the revenue had gone up to N51 billion monthly.

Ben Akabueze, Tinubu’s commissioner for budget and national planning in 2007, had also at a time said Lagos IGR was only a meagre N500 million per month in 1999.

Chimaroke Nnamani, former governor of Enugu state and Tinubu supporter, also claimed in August 2022 that, “When Bola Ahmed Tinubu was governor, Lagos State’s IGR rose from 600 million naira per month to over 8 billion naira per month.”

Tinubu, his own commissioner, and his running mate have quoted different figures at different times.

What does the data show?

Aside from the discrepancy observed in the amount of IGR claimed by Tinubu and his allies, the data shows that the average monthly earnings of Lagos in 1999 was over N1 billion, and not N500 million, N600 million or N700 million as claimed by Tinubu and his team.

Data from Central Bank of Nigeria (CBN) statistical bulletin, as quoted by the journal published in the Research Academy of Social Sciences showed that Lagos generated N14.6 billion in 1999. This amounts to an average of N1.22 billion monthly — double what Tinubu claims.

First reported by TheCable, Lagos IGR when Tinubu left office in 2007 had significantly increased to N83.02 billion or a monthly average of N6.9 billion.

While this is indeed a considerable increase in the IGR relative to other states, the data shows that Tinubu’s claim about what Lagos was generating at the time he became governor of the state is false, and contradicts his own commissioner and other allies.

Also, recent IGR data by the National Bureau of Statistics (NBS), the 2021 half-year report shows that Lagos generated N267 billion in the first six months of 2021, with a monthly average of N44.5 billion

This shows that the monthly average IGR generated in Lagos is N44.5 billion — not N51 billion as claimed by Tinubu’s running mate.

https://cddfactcheck.org/?p=17174&amp=1

2 Likes

Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by Naira20: 8:56am On Jan 14, 2023
Anyone who believes Tinubu is a fool

3 Likes

Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by padi94(m): 9:01am On Jan 14, 2023
IGR increaser grin
Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by OkpaNsukkaisBae(m): 9:08am On Jan 14, 2023
mae
Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by LegendHero(m): 9:08am On Jan 14, 2023
Nonsense fact-check. So these lunatics believe Tinubu will be lying uselessly as Peter Obi on national TV?

Below is the IGR growth of Lagos from Budgit source directly, it can be seen that Tinubu was right.

As at 2007 when he left, Lagos was doing average 6billion + per month.

You have someone increased something from 14bn to almost 84bn within just 8 years, which is over almost 600%.

You have Obi Pandora who couldn’t even do 50-100% increase in his whole 8 years.

2 Likes

Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by Fxmanager(m): 9:09am On Jan 14, 2023
We have set up the most secured investment structure in this forum with above average monthly returns. Fact checkers are welcome.
Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by Nobody: 9:09am On Jan 14, 2023
Lol some Once compared Obi and Tinubu on growth pedestal, and Obi floored Tinubu

Obi has openly said Atiku is his mentor, so if Obi is that good, then Atiku is the best.

We go for Atiku

Atiku is coming

1 Like

Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by StrongandMighty: 9:19am On Jan 14, 2023
The only Igr he increased was his pocket!

In the coming days many agbado lies will be dismantled..

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Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by Nobody: 9:26am On Jan 14, 2023
Tinubu did nothing in Lagos as state governor.
Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by Ojiofor: 9:28am On Jan 14, 2023
LegendHero:
Nonsense fact-check. So these lunatics believe Tinubu will be lying uselessly as Peter Obi on national TV?

Below is the IGR growth of Lagos from Budgit source directly, it can be seen that Tinubu was right.

As at 2007 when he left, Lagos was doing average 6billion + per month.

You have someone increased something from 14bn to almost 84bn within just 8 years, which is over almost 600%.

You have Obi Pandora who couldn’t even do 50-100% increase in his whole 8 years.

Tinubu is unmatched when it comes to lying not even the devil himself can lie as much as Tinubu.

2 Likes

Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by Advocate500: 9:33am On Jan 14, 2023
LegendHero:
Nonsense fact-check. So these lunatics believe Tinubu will be lying uselessly as Peter Obi on national TV?

Below is the IGR growth of Lagos from Budgit source directly, it can be seen that Tinubu was right.

As at 2007 when he left, Lagos was doing average 6billion + per month.

You have someone increased something from 14bn to almost 84bn within just 8 years, which is over almost 600%.

You have Obi Pandora who couldn’t even do 50-100% increase in his whole 8 years.
you can believe your own lies after repeating severally,is your personal choice, don't sane Nigerians into such madness.
Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by Advocate500: 9:36am On Jan 14, 2023
Thinkam:
Lol some Once compared Obi and Tinubu on growth pedestal, and Obi floored Tinubu

Obi has openly said Atiku is his mentor, so if Obi is that good, then Atiku is the best.

We go for Atiku

Atiku is coming
is like saying buhari is osinbanjo boss for that reason buhari is better than osinbanjo,does that make sense to you?
Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by orisa37: 9:56am On Jan 14, 2023
OSINBAJO did.
Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by LegendHero(m): 9:59am On Jan 14, 2023
Advocate500:
you can believe your own lies after repeating severally,is your personal choice, don't sane Nigerians into such madness.

Check my chart and the chart the OP uploaded, it’s basically the same figures.

The nonsense fact-check people just try playing smart on Obiidiots brain because they know they can’t read nor interpret data.

Now go back to the chart OP uploaded and tell me if I’m lying from the post you quoted.
Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by greatiyk4u(m): 10:14am On Jan 14, 2023
Increase of for without corresponding development is a testimony of looting and corruption
Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by Nbote(m): 12:13pm On Jan 14, 2023
LegendHero:
Nonsense fact-check. So these lunatics believe Tinubu will be lying uselessly as Peter Obi on national TV?

Below is the IGR growth of Lagos from Budgit source directly, it can be seen that Tinubu was right.

As at 2007 when he left, Lagos was doing average 6billion + per month.

You have someone increased something from 14bn to almost 84bn within just 8 years, which is over almost 600%.

You have Obi Pandora who couldn’t even do 50-100% increase in his whole 8 years.

Na wa for u o.. Your budgit figures also confirmed th posters stance that Lagos was doing more than 1 billion monthly but Tinubu claimed it was far less than those figures.
Re: Cdc Fact Check: Did Tinubu Increase Lagos Igr From 600 Million To N5 Billion? by LegendHero(m): 1:52pm On Jan 14, 2023
Nbote:


Na wa for u o.. Your budgit figures also confirmed th posters stance that Lagos was doing more than 1 billion monthly but Tinubu claimed it was far less than those figures.

Tinubu once said it that the figure Marwa gave officially was different from what they actually saw in Lagos record when they took over government. But that’s what the military pegged the official figure which explained why that was in the data.

It’s just like Oyetola saying he left 20million in state purse and the new governor debunking it that it’s another figure after seeing the state account.

Also he was sworn in by May 1999, if you check 2000 figure, you can see the IGR decreased initially and that’s because the military have a data that is inconsistent.

Ever since 2000, it went in an upward trajectory.

Even if you are to look at it, Tinubu said he was doing 5billion after he left but that data you’re seeing up there showed it’s 6billion monthly as at 2007.
That means he undersell himself.

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