BeautifulMind2:

400km of roads, flyover bridges, construction of New government house and lodge, ongoing industrial parks, onging Solution Fun City, declared free education in public schools and free healthcare for pregnant women, employed 8,000 teachers and 2000 medical workers, building two specialist hospitals in Okpoko and Fegge and so many others above all didn't borrow one Kobo to fund his budget

You mean Soludo built 400km of road in one year.

You are an irredeemable liar. The resr of what you said is just nonsense, which state no get free education in public schools before?

I thought we all agreed infrastructure doesn't run an economy?
Whatever otti has in mind, I hope it doesn't mess Abia up.

LegendHero:


I thought when Buhari was borrowing for rail line, all of you condemned him that Nigeria is borrowing too much to the extent that Peter Obi even claimed infrastructure cannot help the economy.

So what suddenly change during Otti period?

—If Peter Obi ideology is “No borrowing” and most Obedient support it.

—Otti ideology is mass borrowing and most obedient support him.

What exactly is the Obedient ideology? To borrow or not to borrow?

He is basically going against Peter Obi's ideology. Lol

Raskimonojendor:

He is basically going against Peter Obi's ideology. Lol

Don’t mind them.

Raskimonojendor:
No comment.

Your leaders are playing you guys the more you look the less you see, Lagos debt go soon enter two trillion

LegendHero:


You mean Soludo built 400km of road in one year.

You are an irredeemable liar. The resr of what you said is just nonsense, which state no get free education in public schools before?

Yes 400km of roads 95% of the roads are in completion stages

LegendHero:


I thought when Buhari was borrowing for rail line, all of you condemned him that Nigeria is borrowing too much to the extent that Peter Obi even claimed infrastructure cannot help the economy.

So what suddenly change during Otti period?

—If Peter Obi ideology is “No borrowing” and most Obedient support it.

—Otti ideology is mass borrowing and most obedient support him.

What exactly is the Obedient ideology? To borrow or not to borrow?

I think when you try to argue please do it from an intellectual standpoint. Buhari depleted our foreign reserves and left us with a debt of almost 50trillion as at 2022FY. THE QUESTION IS WHAT MASSIVE INFRASTRUCTURE UPGRADE DO WE HAVE TO SHOW FOR THE MASSIVE DEBT HE INCURRED? Was Education upgraded? Was health upgraded? How many federal roads were completed in the 8 years?
That's the difference.

Otti hit the ground running. Since assuming office, he has made giant strides in digitising collections in the civil service meaning less corruption and greater accountability, he has revamped the teaching hospital, he has got rid of the massive dirt in Aba, he has turned the entire state into one massive construction site with so many road repairs underway not with mushroom contractors o! Using Julius Berger!!! So why won't the people of Abia be happy?

Now he wants to consolidate by earmarking 84% to capital which will in turn open up the state to more commerce and investment making the people more prosperous. This will in turn naturally lead to more IGR.

p.s. unlike some states where you have uniformed and non uniformed Agberos, ticketing for commercial operators in Abia is done electronically and is working seamlessly! So why won't the people be happy?

LegendHero:


You mean Soludo built 400km of road in one year.

You are an irredeemable liar. The resr of what you said is just nonsense, which state no get free education in public schools before?

Free education doesn't exist in your state, your international ex convict is still playing you guys

LegendHero:


I thought when Buhari was borrowing for rail line, all of you condemned him that Nigeria is borrowing too much to the extent that Peter Obi even claimed infrastructure cannot help the economy.

So what suddenly change during Otti period?

—If Peter Obi ideology is “No borrowing” and most Obedient support it.

—Otti ideology is mass borrowing and most obedient support him.

What exactly is the Obedient ideology? To borrow or not to borrow?

Who said Peter Obi's ideology is no borrowing? Provide that link please.

The ideology is simple. PO has stated it a good number of times.

There is nothing wrong with borrowing. But we would not borrow to find recurrent expenditure.

Secondly, there is a need for frugality in the use of public resources.

Those expenditures should be such as to improve production and/or HDI.

LegendHero:


I thought when Buhari was borrowing for rail line, all of you condemned him that Nigeria is borrowing too much to the extent that Peter Obi even claimed infrastructure cannot help the economy.

So what suddenly change during Otti period?

—If Peter Obi ideology is “No borrowing” and most Obedient support it.

—Otti ideology is mass borrowing and most obedient support him.

What exactly is the Obedient ideology? To borrow or not to borrow?

CandidAdmin:
I thought we all agreed infrastructure doesn't run an economy?

Whatever otti has in mind, I hope it doesn't mess Abia up.

Who said so? That's a very stvpid comment to make otherwise why would every govt earmark funds in their budget to capital expenditure yearly?

Mordecai:

The ideology is simple. PO has stated it a good number of times.

There is nothing wrong with borrowing. But we would not borrow to find recurrent expenditure.

Secondly, there is a need for frugality in the use of public resources.

Those expenditures should be such as to improve production and/or HDI.

Don't mind those olodos.... Peter Obi clearly advocated against borrowing against recurrent and wasteful spending in government. Trust these APC propagandists to twist the narrative.

BeautifulMind2:

Your leaders are playing you guys the more you look the less you see, Lagos debt go soon enter two trillion

ABIA STATE'S DEBT STATUS

DOMESTIC DEBT
Dec 2014: ₦25.13 billion
Jun 2023: ₦142.47 billion

EXTERNAL DEBT
Dec 2014: $35.50 million ($/₦166)
Jun 2023: $92.33 million ($1/₦770)

Total Debt (Jun 2023): ₦213.6 billion.


ABIA STATE'S INTERNALLY GENERATED REVENUE

2015: ₦13.35 billion
2022: ₦20.11 billion

Average monthly IGR:
2015: ₦1.03 billion
2022: ₦1.68 billion

ABIA State's FAAC (Incl LGA) in 2022: ₦98.68 billion

2022 Total Revenue: ₦118.79 billion

(NBS/FAAC)

madridguy:
By the time Alex Otti completely finish with Abia state, you all will leave Propaganda and start calling him out.

Wetin I even dey talk... His people are more interested in Lagos and Yoruba people.
His people don’t care about their homeland and what goes on in there.

The lack of public scrutiny for our governors will make these people finish their respective states while majority of the people will be shouting president this and that.

I know that you are jealous your governor is not as committed or serious to developing your state like Otti.

Confess! Don't you wish you were from Abia at the moment?

Raskimonojendor:

ABIA STATE'S DEBT STATUS

DOMESTIC DEBT
Dec 2014: ₦25.13 billion
Jun 2023: ₦142.47 billion

EXTERNAL DEBT
Dec 2014: $35.50 million ($/₦166)
Jun 2023: $92.33 million ($1/₦770)

Total Debt (Jun 2023): ₦213.6 billion.


ABIA STATE'S INTERNALLY GENERATED REVENUE

2015: ₦13.35 billion
2022: ₦20.11 billion

Average monthly IGR:
2015: ₦1.03 billion
2022: ₦1.68 billion

ABIA State's FAAC (Incl LGA) in 2022: ₦98.68 billion

2022 Total Revenue: ₦118.79 billion

(NBS/FAAC)

What's your point exactly? After all na pesin talk say 'na statistics we go chop?'

obi58:


What's your point exactly? After all na pesin talk say 'na statistics we go chop?'

₦213.6 billion + ₦401 billion for a tiny state like Abia

BeautifulMind2:

Free education doesn't exist in your state, your international ex convict is still playing you guys

Don’t be a dummy, read the body of the news you post.

Dapo even cancelled the #3500 PTA fees and NANS are just saying he should reinstate the fees.

Read the body of the news you shared and see how ignorant you sound.

The National Association of Nigerian Students (NANS), Ogun State chapter, has told Governor Dapo Abiodun that his claim of free education was not real, asking him to allow the payment of Parents-Teachers Association (PTA) levies in public schools within the State.

DAILY POST recalls that Gov Abiodun had in 2019 said he was committed to running free education in all public schools in Ogun, stopping the payment of N3,700 which he had earlier approved as PTA donation to schools.

But NANS disagrees with Abiodun, stressing that what the present dispensation is masquerading under mere abolition of PTA levies did not equate free education.

According to a statement signed by the spokesperson of NANS in Ogun, Olufemi Owoeye, it was stated in clear terms that “cancellation of fees alone is not commensurate to free education.”

Owoeye said “NANS Ogun JCC is against the ban placed on payment of dues” and the fact that such is being likened to free education in the State.

Why don't travel and educate yourself? In case you don't know SW is the must backward region in the country depict it's proximity with Lagos that was developed with the entire country resources as a former capital.

seunfly:


They are still far better than all ur governors including Obi, the only reasonable governor from ur side that comes close to them in recent time is former eboyin state governor. Any other person is just ostrich's head in d sand.

Raskimonojendor:

₦213.6 billion + ₦401 billion for a tiny state like Abia

Olodo oya let me school you....

Do you know how many major markets are in ABA alone? Google 'Ariaria market' and learn a thing or two. ABA has always been a commercial town historically servicing not just the entire SE and SS regions but the whole West Africa. We have heard of shoes and clothes of international quantity made in Aba. Even with the bad roads, people from outside Abia troop in daily to their markets to shop. How much more now? Today you have Akpabio, Wike and Umahi in prominent roles in the APC administration. Go and read what they did in terms of infrastructural development for their respective states!

Over the last 24 years (with little or no infrastructure and plenty of leakages in tax collection and financial misappropriation) they have been able to generate the funds you refer to because majority of the traders refused to pay due to lack of trust for their useless governments in the past. With the massive upgrades which they have prayed for now taking place, you can be sure that IGR will increase 10 times over as trade multiplies due to more conducive business environment. Not only that, new businesses will spring up and massive investment will flow into the state as savvy businessmen take advantage of the new Abia. Real estate would also skyrocket as property values will go up as roads and other facilities are provided. Also Abians home and abroad hearing the good news will also be happy to send dollars back home to aid the development effort!

obi58:


Who said Peter Obi's ideology is no borrowing? Provide that link please.

Obidients love to brag about how Peter Obi wasn't borrowing. All of a sudden they are okay with Abia, a very small state as far as Nigeria is concerned, borrowing to the moon. 36/2 =18. Abia is in the bottom half.

See full of states IGR in 2022 below:

1. Lagos – N651.2bn
2. Rivers – N172.8bn
3. FCT – N124.4bn
4. Ogun – N120.6bn
5. Delta – N85.9bn
6. Oyo – N62.2bn
7. Kaduna – N58.1bn
8. Edo – N47.5bn
9. Kano – N42.5bn
10. Kwara – N35.8bn
11. Akwa Ibom – N34.8bn
12. Anambra – N33.9bn
13. Ondo – N32.6bn
14. Enugu – N28.7bn
15. Bauchi – N25.5bn
16. Osun – N24.6bn
17. Sokoto – N23.6bn
18. Cross River – N21.1bn
----------------------------------------
19. Jigawa – N20.5bn
20. Abia – N20.1bn
21. Zamfara – N19.4bn
22. Imo – N19.3bn
23. Nasarawa – N19.3bn
24. Borno – N19.1bn
25. Kogi – N18.2bn
26. Ekiti – N17bn
27. Niger – N16.9bn
28. Benue – N15.9bn
29. Plateau – N15.9bn
30. Bayelsa – N15.9bn
31. Gombe – N13.6bn
32. Adamawa – N13.2bn
33. Katsina – N13bn
34. Ebonyi – N12.4bn
35. Yobe – N10.5bn
36. Taraba – N10.2bn
37. Kebbi – N9.1bn

adamusuleiman1:

Obidients love to brag about how Peter Obi wasn't borrowing. All of a sudden they are okay with Abia, a small state borrowing to the moon.

Oga sir, please try to show you went to school.

In Public finance, there is budget surplus and deficit.

That Obi did not borrow does not mean he is against borrowing. He was able to identify leakages in his government which freed up sufficient funds for his projects! That is why he is against wasteful govt spending like sending 422 people to COP 28! He also has kicked against borrowing to finance recurrent expenditure which is what the Buhari government was doing! Even the loans they took for Capex, how much of the funds were used justly with tons of uncompleted projects littered everywhere and massive debt accrued with little or nothing to show for it!

If there is need for a business to borrow to expand then they go to the bank and take a loan. This is how banks make money to start with! Otti is just doing the same thing, borrowing to make a significant impact in the shortest time possible in resolving the infrastructure deficit of the state!

LegendHero:


Source: https://saharareporters.com/2023/12/11/abia-governor-alex-otti-finance-2024-budget-n401billion-loan

Wao...the land of the developers

dominic17:
Why don't travel and educate yourself? In case you don't know SW is the must backward region in the country depict it's proximity with Lagos that was developed with the entire country resources as a former capital.

Another ostrich berrying head in the sand.

obi58:


Oga sir, please try to show you went to school.

In Public finance, there is budget surplus and deficit.

That Obi did not borrow does not mean he is against borrowing. He was able to identify leakages in his government which freed up sufficient funds for his projects! That is why he is against wasteful govt spending like sending 422 people to COP 28! He also has kicked against borrowing to finance recurrent expenditure which is what the Buhari government was doing! Even the loans they took for Capex, how much of the funds were used justly with tons of uncompleted projects littered everywhere and massive debt accrued with little or nothing to show for it!

If there is need for a business to borrow to expand then they go to the bank and take a loan. This is how banks make money to start with! Otti is just doing the same thing, borrowing to make a significant impact in the shortest time possible in resolving the infrastructure deficit of the state!

Hypocrite. Alex Otti should emulate his principal.

Are they borrowing too?

adamusuleiman1:

Hypocrite.

Name calling is what olodos revert to when they have nothing meaningful to contribute to an intellectual conversation.

He is emulating his principal Peter Obi in running a government of service that is empathetic to the needs of his people and is striving to do his best to make his people happy but he is not doing it mindlessly as he is working with the realities on ground and I'm sure Obi has his full support. And guess what? Everyone in Abia state and well meaning Nigerians are happy with the Otti administration. If other states likewise take governance as seriously as he is doing, Nigeria will take giant strides in development with or without the support of the FG.

LegendHero:


If Otti is a visionary leader for wanting to borrow almost 70% of his budget in his first year in office, what then is Obi?

Obedient always claim Peter Obi did not borrow so hence that makes him a good leader. Then now you Obedient are praising Otti to high even when he alone is borrowing 400billion in one performance year, almost 70% of the budge.

Make Alex Otti fear God nao.

Tell me who is not borrowing in this present Nigeria. Even FG.

obi58:


I know that you are jealous your governor is not as committed or serious to developing your state like Otti.

Confess! Don't you wish you were from Abia at the moment?

LegendHero:


If Otti is a visionary leader for wanting to borrow almost 70% of his budget in his first year in office, what then is Obi?

Obedient always claim Peter Obi did not borrow so hence that makes him a good leader. Then now you Obedient are praising Otti to high even when he alone is borrowing 400billion in one performance year, almost 70% of the budget.

Make Alex Otti fear God nao.

Abia state need that huge investment to stimulate economic development and growth. The state has been under bad governance and economic decadence since 1999 so it's only wise to declare a state of emergency on infrastructure and open up the state for growth and development.

Deficit budget will bring hardship on the people. You have to borrow ,then increase your IGR in other words , increasing tax, bring out new tax rates ,levies etc.
At d end of the day, they are inflated projects, poorly executed contracts etc.


Same people different party

LegendHero:


— Ikpeazu budgeted 157 billion in 2023 and out of this, 75 billion (47.2%) us the recurrent expenditure.


—Otto is passing a budget of 567billion today and he is allocating 16% to recurrent expenditure with a naira amount of 90billion.

So technically, he is still spending as much as Ikpeazu on recurrent expenditure. He just use some mind game in his unrealistic budget.

How can you fund your budget with 400 billion loan which is like over 70% of your total revenue in a year?

You lifted this silly comment from a dunce on Twitter and dropped it here word for word. You are a bigger one. All those many months of unpaid salaries and pension are also captured in the recurrent budget hence the increment. It would have been more if he didn't first fish out ghost workers. Make una dey try dey get sense

LegendHero:


Yes, that is exactly why I said it’s almost the same thing. So same thing Ikpeazu budgeted for recurrent is what Alex Otti budgeted when you adjust for inflation.

Aside that, otti is also paying up many months of owed salaries and pension