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22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 (12504 Views)

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Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by BitterTruth0001: 2:14pm On Dec 25, 2023
You can see that these northerners don’t care at all
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by ariesbull: 2:14pm On Dec 25, 2023
Ogun with their IGR can't even reduce their debt....


After Ronu will lie
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by azikiweironsi(m): 2:16pm On Dec 25, 2023
SmartPolician:


A government that repays domestic loans shows high level of responsibility - it has a human face. It means the government is trustworthy, and it is safe for local lenders to do business with them. This improves the credibility of the government.

As for how it impacts the people, it keeps our banks healthy because bulk of government's local lenders are mostly commercial banks. If our banks are healthy, they can support SMEs, pay staff salaries, pay taxes to the government, expand their operations, and employ more people. That way, we have a better country and economy.

Lastly, you haven't criticised the APC half of what this moniker has. The disparity between you and I is that I know where to and where not to criticise the government. You should grow up.

Kudos to you sir.
You schooled him well. Of course he won't understand. To them, everything must be criticised no matter how it looks.

1 Like

Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Justiceleague1: 2:24pm On Dec 25, 2023
Coneheaded structured onigbeses grin
They AV use the money for owambe amala ati ewedu grin
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by LivingSage: 2:31pm On Dec 25, 2023
You're smelling hate and akpu Chukwudi undecided
SensualMan:
So JAG'BAN think he can use wike to reduce the power and might of we Northerners?

Is that Tinubu's plan?
To weaken us in North? After the massive votes we gave him?
He sent military to wipe us out and we thought it was a joke.
He relieved Northerners of their right to head the FCT ministry?
So Tinubu has decided to fight his Chi in the North.

No problem! We shall see.

Cc:
@MBuhari
@nasirElrufai
@sheikhGumi
@MomanDaura
@SanusiLsanusi
@EmirOfDaura

2 Likes

Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Omoawoke2(m): 2:34pm On Dec 25, 2023
SensualMan:
So JAG'BAN think he can use wike to reduce the power and might of we Northerners?

Is that Tinubu's plan?
To weaken us in North? After the massive votes we gave him?
He sent military to wipe us out and we thought it was a joke.
He relieved Northerners of their right to head the FCT ministry?
So Tinubu has decided to fight his Chi in the North.

No problem! We shall see.

Cc:
@MBuhari
@nasirElrufai
@sheikhGumi
@MomanDaura
@SanusiLsanusi
@EmirOfDaura
You should be in your 40s or 50s yet no sense
Your region is being reduced to afghanestern, constant kidnapping, killing. You stay idle on Monday,
you are politically irrelevant.
All you people are scattered all over the country. But that’s not your problem, your problem is how to cause petty fight between other tribes and yet you claim victimization everyday.
Who do you people this kind thing?
No matter what you do, Peter obi will never be president of Nigeria

3 Likes

Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Soulsymbol99: 2:35pm On Dec 25, 2023
Wot actually were all these debts used for?cuz me no dey see am

2 Likes

Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by FatherOfJesus: 2:37pm On Dec 25, 2023
All the debts in Ogun, nothing to show for it.

1 Like

Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Hamachi(f): 2:45pm On Dec 25, 2023
If you know the corruption in many of the state agencies in Lagos
LASTMA
LAMATA
LASAA
LASEPA
LIRS
Just to name a few
vanbonattel:
Delta state performance is very commendable.

Lagos, with all the high IGR and high allocation only vomited 35 billion out of the over 1 trillion naira they received within the period under review. This is very shameful for a state that cornered the ports of a whole country. The looting going on in that state is crazy.
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Emu4life(m): 2:49pm On Dec 25, 2023
BoldBrainz:

Who be this craze man?
Na ya fellow Okoro dey misbehave cheesy
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Tektronics12: 4:02pm On Dec 25, 2023
You are Deluded Bro!. Say something else!
SensualMan:
So JAG'BAN think he can use wike to reduce the power and might of we Northerners?

Is that Tinubu's plan?
To weaken us in North? After the massive votes we gave him?
He sent military to wipe us out and we thought it was a joke.
He relieved Northerners of their right to head the FCT ministry?
So Tinubu has decided to fight his Chi in the North.

No problem! We shall see.

Cc:
@MBuhari
@nasirElrufai
@sheikhGumi
@MomanDaura
@SanusiLsanusi
@EmirOfDaura

1 Like

Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Bragalane: 4:12pm On Dec 25, 2023
Is your Igbo father head functional or your Igbo father's head is filled with foolishness ?


vanbonattel:
Delta state performance is very commendable.

Lagos, with all the high IGR and high allocation only vomited 35 billion out of the over 1 trillion naira they received within the period under review. This is very shameful for a state that cornered the ports of a whole country. The looting going on in that state is crazy.
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by djseanjohn77: 5:35pm On Dec 25, 2023
vanbonattel:
Delta state performance is very commendable.

Lagos, with all the high IGR and high allocation only vomited 35 billion out of the over 1 trillion naira they received within the period under review. This is very shameful for a state that cornered the ports of a whole country. The looting going on in that state is crazy.

Lagis is your nightmare, you are living in pure hatred for Lagos which will lead to untimely exit for you. For your info, Lgos didn't corner anything, you are simply misinformed, but you can continue ranting over Lagos. After all, it is not your business.

Verifiable Facts.
Apapa port was established in 1913 and the construction of 1st 4 deep water berths started in 1921.
Lagos Airport was initially built during 2nd World War.
Carter bridge was built in 1901.
Lagos - Abeokuta railway was opened in 1898, got to Ibadan in 1902.

As far back as 1860s, Lagos already got electricity, telephone, post office, Schools, City Hall, recreation centres, Cathedrals, public & private hospitals, tarred roads, business districts and international trade centres etc.
As you can see, many of the developments in Lagos occurred b4 amalgamation and formationofNigeria. So, Lagos was majorly developed by the locals and colonial masters, using revenues generated from COCOA in Lagos and other parts of Western Region.
Lagos has always been the London of your people,while your ancestors were still killing twins, using their women as domestic house help to work in the farms, while your people were busy killing the missionaries, Lagos had the fiest storey building in 1845 by CMS. The success of Lagos boomerang after Lagos State was removed as FCT. We don't speak fable, the facts are there. Counter any of these claims let's see. You can't, we know you pick news from the gutter and hate-filled elders that pass lies down the line.

Population wise,Lagos had a bout 7M when FCT was removed...Lagos could only generate 600M as at 1999. See the progress after that time, population grew to 25M, IGR grew to over 45B. That's progress your war-torned region will never achieve.

For your info, all the FED assets in Lagos still remit money to the Federal govt which they in turn give your states every month for survival, mention your state and let's talk about what they are able to reduce as debt😂🤣🤣. The Federal assets in Lagos are even a stumbling block to Lagos development. Seee how long they abandoned the Lagos - Badagry expressway until Lagos as a state had to set in, see Apapa, See Ojota, see Festac....I bet you don't know those are FED assets

You need education dumbass

3 Likes

Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Tareq1105: 5:37pm On Dec 25, 2023
vanbonattel:
Delta state performance is very commendable.

Lagos, with all the high IGR and high allocation only vomited 35 billion out of the over 1 trillion naira they received within the period under review. This is very shameful for a state that cornered the ports of a whole country. The looting going on in that state is crazy.

You should understand why Lagos couldn't reduce much going by the ongoing projects in Lagos State.

1 Like

Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by BAZ001: 5:37pm On Dec 25, 2023
SmartPolician:


A government that repays domestic loans shows high level of responsibility - it has a human face. It means the government is trustworthy, and it is safe for local lenders to do business with them. This improves the credibility of the government.

As for how it impacts the people, it keeps our banks healthy because bulk of government's local lenders are mostly commercial banks. If our banks are healthy, they can support SMEs, pay staff salaries, pay taxes to the government, expand their operations, and employ more people. That way, we have a better country and economy.

Lastly, you haven't criticised the APC half of what this moniker has. The disparity between you and I is that I know where to and where not to criticise the government. You should grow up.

In the spirit of Christmas I will agree with you and let it slide.
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Bimpe29: 9:31pm On Dec 25, 2023
If the loan in respect of Kwara State government was obtained by Governor AbdulRahman AbdulRazaq, then we would have to ask him what the loan has added in terms of value to our State.
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Smyrna2011: 5:51am On Dec 26, 2023
L
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Ikaeniyan0: 7:48am On Dec 26, 2023
SensualMan:
So JAG'BAN think he can use wike to reduce the power and might of we Northerners?

Is that Tinubu's plan?
To weaken us in North? After the massive votes we gave him?
He sent military to wipe us out and we thought it was a joke.
He relieved Northerners of their right to head the FCT ministry?
So Tinubu has decided to fight his Chi in the North.

No problem! We shall see.

Cc:
@MBuhari
@nasirElrufai
@sheikhGumi
@MomanDaura
@SanusiLsanusi
@EmirOfDaura
You go wail tire emeka
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Mosba: 8:46am On Dec 26, 2023
vanbonattel:
Delta state performance is very commendable.

Lagos, with all the high IGR and high allocation only vomited 35 billion out of the over 1 trillion naira they received within the period under review. This is very shameful for a state that cornered the ports of a whole country. The looting going on in that state is crazy.



FG collects port revenues e.g Import& Export duties and other clearing charges. Not saying Lagos doesn't get more revenue than other states but development projects happening in Lagos can never be attempted by most states in the next decade, so try and think before speaking next time.
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by Otolomo1(m): 8:48am On Dec 26, 2023
You have brain 🧠 ooo
But your problem is that you don't understand English grin shocked
vanbonattel:
Delta state performance is very commendable.

Lagos, with all the high IGR and high allocation only vomited 35 billion out of the over 1 trillion naira they received within the period under review. This is very shameful for a state that cornered the ports of a whole country. The looting going on in that state is crazy.
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by SmartyPants(m): 9:38am On Dec 26, 2023
BAZ001:
Propaganda govt.
Una wan confuse us with English
Did they pay part of the debt they owe or they refused to borrow more this last quarter ?

Just looking for cheap ways to show that certificate forger is working grin

There is nothing confusing. How does refusing to borrow more reduce existing debt? At best it would only leave the debt at the same figure as before.

Also what does state borrowing have to do with Tinubu? Does the FG borrow or repay on behalf of the states?
Re: 22 States, FCT Reduced Their Domestic Debts By ₦‎176 Billion In Q3 2023 by TrumpDonald2: 2:33pm On Dec 26, 2023
cosby02:

I'm not sure you read the article.

😂😂😂😂 It's you and all those that liked your comment that did not read the article.

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