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Nairaland Forum / Nairaland / General / Politics / For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday (13257 Views)
Near-Bankrupt States, Unviable Projects Await 18 New Governors / APC To Lai Mohammed: Submit To Your Governor, It Is Not Business As Usual / List of Financially Broke/Bankrupt States in Nigeria. ( photo) (2) (3) (4)
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by FreeStuffsNG: 2:53am On Nov 17, 2023 |
SmartyPants:Check out the capital importation chart. Over the 5 year period, Benue has low capital importation but still better than states I never imagined it could be better than. I couldn't have Imagined that Bayelsa state will have zero while Ondo state was down there with low capital importation. The amount is small compared to the total revenue though so I totally get your point . Thank you. 1 Like
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Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Sleekfingers: 3:11am On Nov 17, 2023 |
smokinloud: States like Ogun, Rivers, Oyo, kano and Kaduna.... But Ogun is one of the most useless state in the southwest, despite its proximity to Lagos. 3 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Menclothing: 3:15am On Nov 17, 2023 |
Nigeria will be great 2 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by SuccessfulRichi: 3:39am On Nov 17, 2023 |
Nigerians their own no fit pass man and woman talk. Why can't we black discuss AI technology or Chinese chipmunk cities 2 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Bobloco: 4:32am On Nov 17, 2023 |
FreeStuffsNG: No more campaign after election Tinubu is now president and it's becoming evidence in just five months that he is turning out as the worst president to have ever govern this country 2 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Irony1: 5:09am On Nov 17, 2023 |
FreeStuffsNG:but bros wait why was Lagos not in the IATF program in Cairo? Anambra was these and an MOU was signed with Afrexim. Oga stop all this your propaganda e no Dey sell again. 2 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Irony1: 5:13am On Nov 17, 2023 |
ACRI:which useless message ? How do you explain the huge debt profile of Lagos with the so called huge IGR? majority of the initiatives in Lagos are PPP so how do you justify the debt profile? If you say it is running cost of government , what is the monthly wage bill of the Lagos civil servants? It is a shame that Lagos cannot even compete with the likes of Cape Town, Johannesburg, Casablanca, Kigali and even small Windhoek Lagos is far behind. You guys deserve to be tied to a tree or a NEPA pole every morning and flogged so that you will have sense. 2 Likes |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Irony1: 5:25am On Nov 17, 2023 |
FreeStuffsNG:stop deceiving people here the issue is how have the imported funds been managed? Again how can Lagos with the huge IGR be so heavily laden with debt? That is why even with the noise and harassment of non Yoruba in Lagos they really don’t want them to leave because if they do, they would be naked as the true financial situation of Lagos will be clear for everyone to see. I remember there was an Igbo man the owner of one of these confectionaries thretened to take his business out of Lagos, because of multiple taxation and harassment from LIRS, do you know that he got repeated calls from govt officials calling and pleading with him that they can discuss the issues. It is only in NL that they use people like you to deceive others here. 1 Like |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Uchefx: 5:28am On Nov 17, 2023 |
Well this is a senseless write-up if I should say. How can a country that has not less than 12 major sea ports, now concentrates its sea ports in only Lagos. And closed down others. Why is calabar not having a functional one, what of Onne, what of Onitsha, what of Osemota, what of Oguta, of Akwa Ibom, Ukwa-East, Benue, to mention but a few. Is shameful that everybody has to que up in Lagos because of one useless policy. And Lagos will be deceiving itself that they are over performing than others. That is the same way Dangote is claiming African Richest man, because he cannot withstand a common competition from Ibeto, Elephant, Bua Cement etc. What about other monopoly that is allocated to him, why will only him be given license for Refinery. Well that's why almost all coastal cities of South Africa are highly developed. You can't even say Durban is better that Pritoria, or Johannesburg, or cape Town, etc. Because their government allowed things to flow naturally, or stupid policies of marginalization. The truth is that if Nigerian government should amend it's policies, Youth unemployment will become a thing of history. Do you know how many people that will gain jobs, both direct and indirect employment is these sea ports I mentioned earlier, it will also help to save both spoilage of Federal high ways, all these heavy duty Haulage plying our high ways from lagos to other 36 states will reduce, it will also reduce accidents, it will increase revenues for government etc. Well I will cry less for Nigeria. Because an adage says that, "a Sheep's that is defeacating in its sheepPen/sheepfolds, thinks that he is destroying the house of it's owner, but it forgotten that he is the one that is going to lie down on it, in the evening. The more you make Nigeria sterile, by trying to marginalized a section, the more you are creating a hydra-headed problem for the Nation. A word is enough for the wise. ent and 1 Like |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by ehikwe22: 6:03am On Nov 17, 2023 |
ACRI:This is a deception to think that Lagos government is different because they're earning more. To whom much is given, much is expected. Lagos is reaping the Commonwealth of all Nigerians. It's like Abuja coming out tomorrow to boast of how they developed Abuja should the capital be removed from there 1 Like |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by AzaHub(f): 6:04am On Nov 17, 2023 |
I'm not surprised its only Lagos
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Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by phemmie06(m): 6:15am On Nov 17, 2023 |
When they clueless |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by amaye66: 6:27am On Nov 17, 2023 |
see below
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Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Zeebuy: 6:28am On Nov 17, 2023 |
SmartyPants: No investor will jump into a country where other investors are exiting due to how difficult it is to do business in that country. The policies of the current government is strangulating businesses and everyone is keeping quiet. Some of the policies, while good, were implemented wrongly. For example, removing fuel subsidy in one fell swoop is the most foolish thing Tinubu did. Anyone will half a brain would've known the best way to do that would've been to remove it in tranches, while making policies to cushion the effects of the removal. Well, what do I know? As he said, it's his turn to make Nigerians suffer |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by inkon: 6:32am On Nov 17, 2023 |
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Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Racoon(m): 6:34am On Nov 17, 2023 |
This report is damning on the the nation as a whole. The borrowing culture of this nation, dependence on foreign aids have killed productivity, creativity and self sufficiency in development 1 Like |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by jamesversion: 6:42am On Nov 17, 2023 |
FreeStuffsNG: Lagos can go to their to beg for money, but Rivers has no business begging any institution for financial aid. Given Rivers population, abundance of arable land and and abundance of hydrocarbon, we only need leaders who have Riverians at heart. Everything is not begging. 1 Like |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Chetas81(m): 7:06am On Nov 17, 2023 |
WiszyFraud:STAY AWAY FROM UNKNOWN PROMISE AND MIRACLE'S |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by pacespot(m): 7:11am On Nov 17, 2023 |
Elections have consequences. Blame all this on Yakubu and Court judges. None of those governors were elected but appointed. 1 Like |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by PHAYOL81: 7:27am On Nov 17, 2023 |
Hmmmm jamesversion: YOU got me LOL.... like what the h*ll? |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by jamesversion: 8:21am On Nov 17, 2023 |
PHAYOL81: Imagine the audacity to say that Nigerian states didn't turn up to beg for money to finance projects. If kot for wicked, evil and visionless leaders, some states in Nigeria needn't beg for money. Bayelsa for example has low population and high allocation but yet, they are always in need of money. Rivers is another example. High IGR, High allocation, arable land, rivers, situated by the coast etc, yet nothing to show. 1 Like |
Re: For Nigeria’s Bankrupt States, It’s Business As Usual - Businessday by Padipadi(m): 3:12pm On Nov 18, 2023 |
silvoclaira:No p. Your turn go reach. That's when you ll know the wrong people to troll are the Yorubas. We v told you all to form ya alliance. We dash una north sef. You go see weeen! |
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