DMerciful:
It has not increased interms of intrinsic value but has increased interms of face value. The money will still parchase far less versus what half of it could purchase about one year ago

Is he not supposed to reduce costs and expenditure.....?
Intrinsic value like the Naira in this century has ever been gold......
It increases so also the increase should stand for something....
Like salaries are increasing.......

God shall judge. No comment

Insincerity has been the bane of our national growth and development.

Hopium:
Lol... Too many dull folks on this thread. You can't even engage them. Even in advanced countries like the USA, states government play their part in driving the economy.

Very correct sir. Sometimes you wonder if school ever pass through them. Only 11 states in Nigeria are economically viable, the others are constantly waiting for allocation to embezzle. Why should such states exist?

I like the fact that you did calculations.
Now the logic is this. Everything the FG gets, it shares with all the states with the ratio you have already written here. At the end using your calculation, FG will now have a share that is 1.4% per state assuming they were to use the amount to each state equally.

NOte that your calculation is wrong because you divided by 36 instead of 37.

Then do not forget that the states themselves are supposed to generate IGR. This IGR is for each state alone. So a state are supposed to have (0.7+0.028)% + IGR. So the OP's question is valid, what do they do with their own share?

Do not forget, federal workers earn more than state workers. So from the FG's 1.4% per state, a lot of it goes into managing their federal infrastructures. A lot of it goes into Trunk A roads, rail and many more including stealing (which the states do even more).

So once again the OP's question is valid, what do the states do with their own share?

Agboriotejoye:

Let's even it out

States get 26%. 26/36 is 0.7

LGs get 22% 22/744 is 0.029

Cumulatively, that is 0.729 per state+LG

That's what each state gets on average.

Assuming FG spends same amount on each state, FG with 52% gets to spend 52/36 which gives 1.4 per state.

I hope you can see how fallacious your claim is now

femisplash:

Stop talking nonense, inflation has only increased by 3%-4%. States are receiving more allocations which should reflect in the state's infrastructures.

PressMyButton:

But your Governors are collecting Tinubu's allocation. FG has increased your Governors allocations but you saying there's nothing they can do. Then let them steal your future away.

You shameless lots are doing your best to deflect the blames from TInubu because he's your countryman. I remember when Jonathan was in power, every single thing was blamed on him by tinubu.

If the state governments are to be blamed for insecurity and economic downturn, why did tinubu claim it was jonathan's fault during jonathan's tenure?

You lots are shameless

mrvitalis:

People are not complaining about what governors can fix... People are not saying roads are bad, infrastructure is bad that's not the present issue

The present issue is the the economic decision of Nigerians are not favorable to the people and the president is responsible for this 100%

If you were educated you should know this

Dollar is too high, purchasing power is low, businesses are not moving... What has the above for to do with governors

If you can say this then it means you don't understand basic economics. Everything is interwoven, if states are functioning well then economic activities will continue and things will be better. Nigeria of now is not good to those whose income has not increased whereas those with increased income are not complaining.

femisplash:
In July/August, the President gave 3billion-5billion to states as palliatives, however, most state Governors shared nothing to their citizens. Nobody is holding them responsible for sitting on the palliative funds. Governors are spending very recklessly on food, vehicle budgets, etc. Citizens of each state appears to be redundant, crawl into their shells, hardly demand accountability from their Governors allowing them get away with blue murder.

Did you guys hold governors responsible in 2012?

FEMOOO

see m*m* trying to deflate attention from the Lagos building magician

boxypane:

Very correct sir. Sometimes you wonder if school ever pass through them. Only 11 states in Nigeria are economically viable, the others are constantly waiting for allocation to embezzle. Why should such states exist?

Bruh, it's amusing to see. It's like the state governments used juju on Nigerians. Lagos state is there for all to see. No week goes by without a handful of positive news from there. Yes, Lagos is richer than other states by far, but that doesn't stop other states from thinking out of the box to drive their economy and generate revenue.

For most states the cycle is like this: FAAC > State Government > Use FAAC to pay salary > Wait for the next FAAC.

Little wonder Nigerians leave these redundant states behind to run to Lagos, Port Harcourt, Kaduna, Kano, Abuja to make a living.

The simplest way states can increase revenue is by boosting agriculture because we are blessed with massive arable land; but nada, they still won't get to work.

PressMyButton:
A state like Abia that has got more money but the governor budgeting 1 billion for food and another billions on cars yet Abians are crying to Abuja while Otti is left stealing them blind.

. And Sanwo Olu is no longer sending percentage to Tinubu every month?

PressMyButton:

They can't protest, their Governors are saints, especially the LP Governor.

Des is nothing like LP here stop chasing shadow..... Hunger doesn't no party. The people are going through alots and like the Topics says we should hold our governor responsible. Don't mention LP or APC. Stop being sentimental

Hopium:


Bruh, it's amusing to see. It's like the state government used juju on Nigerians. Lagos state is there for all to see. No week goes by without handful of positive news from there. Yes, Lagos is richer than other states by far, but that doesn't stop other states from thinking out of the box to drive their economy and generate revenue.

For most states the cycle is like this: FAAC > State Government > Use FAAC to pay salary > State waiting for the next FAAC.

Little wonder Nigerians run to Lagos, Port Harcourt, Kaduna, Kano, Abuja to make a living.

Moreso, even with the FAC, most of these states pay salaries on % basis. Some are owing workers btw 5-2 months salaries.

femisplash:

Dollar is too high?, Lol. Is the vegetables, egusi, yam, etc purchased from the farms in dollars?, is taxis paid for in dollars?. It's funny when you go buy a madu of garri and they say "you know say dollar don high", Lol, funny greedy Nigerians. Governors were promised more funds to cushion subsidy effects. How many people has your Governor empowered in 6months?. The 5billion palliatives he received, how many got palliatives in your state?.

Do u even know what ripple effect means?
Yes we don't pay taxis in dollars, but the fuel used in running those taxis is purchased in dollars, the farmer who cultivates crops uses that medium to transport his goods to the market, that farmer also .has needs outside ugwu or pepper that he plants n sells. He needs to buy rice, beans, sugar n flour, are these commodities cheap?

He also needs to buy a phone to communicate with his family, phone is imported using dollar...
Price of phone isn't increased but due to tinubulisation of the economy, we r now thinking prices of phone has increased in the foreign market.
This is what.ripple effect does in economy...
Next time if u want to be making jokes about Nigerians, start with Ur dad.

Ozommadu:


What is tinupoo doing in France??

He is charging his battery

From my observation, everyone disagreeing with the OP just want to blame Tinubu. They don't care that the state governments aren't working.

We are not ready. Lol. You can blame Tinubu/FG and still hold your governors accountable - it's not that hard. For them, it's better that Nigeria is destroyed beyond repair so they can do the victory lap dance because their failure Irupete Obi lost deservingly. Lol

I'm confident Asiwaj Bola Ahmed Tinubu will get things right. He has made the hardest decisions needed to steer the economy of this country aright. The political will is there. I'm certain we will start getting positive results of his policies by next year. Then Irupete Obi go chop his second breakfast come 2027. You lots and jump and nack your heads on the iroko tree.

The northern brainwashed sycophants should continue with there useless protest but when boharri and there northern cronies were stealing Nigerian monies in billions they never at anytime did any protest even during the famous weeks of endsars they were busy going about there normal business I know for sure that South East will never join any useless protest

They have come again with their blame game.

Good question.

boxypane:

Moreso, even with the FAC, most of these states pay salaries on % basis. Some are owing workers btw 5-2 months salaries.

Can you imagine?! Just to collect money and pay workers is an Herculean task for them. Zero policies, zero initiatives, zero wealth creation, nothing! Nigeria!

One fact we Nigerians always forget is that Lagos, Kaduna, Kano, Rivers states could have decided to become redundant like others, if they so chose to.

kenny714433:
What would they do when there's Tinubulation in the land? Tinubu should resign

Olodo.
You are one of the major problems
The topic is talking about the governors and you are still blaming the president

Allocations: all the country
share and share the proceeds from resources in one part of the country; while the rest of the country keep and utilise proceeds from their own sides of the country.

Boomerang from the evil political system is what Nigeria now has from the uncontrolled inflation hammering everyone in Nigeria.
Multi ethnic countries are not run on unitary government system.

femisplash:

And you'd never see them picket their Governor's office to protest. They've been jinxed to look away their Governors' recklessness.

You have a point. But Tinubu is in charge of national security, monetary and fiscal policies. The policies impact everything.

femisplash:
The monthly allocations accrued to the states have seen a big increase since the removal of fuel subsidy. January 2024, FAAC shared 1.13trillion. In December 2023, 1.13trillion was shared, in November 2023, 1.78trillion shared. In August 2023, 1.13trillion was shared.

These respective allocations were a big boost from 786billion that was shared on May 2023 at the tenure end of the last Administration.

The President had a talk with the Governors over the subsidy removal and promised increased allocations to enable them cushion the effects and help them deliver to their people.

So far, Governors haven't shown commiserable deliverables to the increase in allocation at their disposals. It appears to be that the Governors are less interested in driving the vision of the president than lining their pockets while their people groan and complain under their watch.

The media are not putting the pressure on the Governors, everyone's eyes are fixed on the President.

Stealing on a grand scale and sadly with impunity.

even in december, each senator and house of reps members got 75m and 60m respectively from the president to share to their constituencies so as to cushion the effects of subsidy removal but sadly, they pocketed the money. the unsuspecting masses direct their voices/anger to the federal govt.
the governors and house of assembly members need to be made accountable/responsible to the people.

femisplash:
The monthly allocations accrued to the states have seen a big increase since the removal of fuel subsidy. January 2024, FAAC shared 1.13trillion. In December 2023, 1.13trillion was shared, in November 2023, 1.78trillion shared. In August 2023, 1.13trillion was shared.

These respective allocations were a big boost from 786billion that was shared on May 2023 at the tenure end of the last Administration.

The President had a talk with the Governors over the subsidy removal and promised increased allocations to enable them cushion the effects and help them deliver to their people.

So far, Governors haven't shown commiserable deliverables to the increase in allocation at their disposals. It appears to be that the Governors are less interested in driving the vision of the president than lining their pockets while their people groan and complain under their watch.

The media are not putting the pressure on the Governors, everyone's eyes are fixed on the President.

albeit while their police continue to blame the FG for their woes.

Let's even ask, how many state Governor are currently paying the new minimum wage and not owing their workers?

SmartyPants:


Don't stop asking questions of Tinubu. He is the presidrnt after all. But does that mean you shouldnt look closer to home to also ask what exactly your governor does with the money he recieves? Do you think it makes sense for only Lagos to have a working rail system?

Lagos is having a rail system after over 24 years of fat federal allocation and humongous IGR+debt.

Most state govs are mirrors of the Federal. If we get Federal right, states so have no choice than to sit up.

PressMyButton:
A state like Abia that has got more money but the governor budgeting 1 billion for food and another billions on cars yet Abians are crying to Abuja while Otti is left stealing them blind.

Our Yoruba brothers are trying to divert attention from the incompetence of their brother, Tulubu, with a concorted story from Sahara Reporter.

Abia actually budgeted #150m for 2 Hilux cars, not the #1.5 billion you guys are masturbating on.

😂😂😂😂

What is federal government doing with the increased allocation as well? Wage award has been stopped long ago

9jatriot:
I like the fact that you did calculations.
Now the logic is this. Everything the FG gets, it shares with all the states with the ratio you have already written here. At the end using your calculation, FG will now have a share that is 1.4% per state assuming they were to use the amount to each state equally.

Then do not forget that the states themselves are supposed to generate IGR. This IGR is for each state alone. So a state are supposed to have (0.7+0.028)% + IGR. So the OP's question is valid, what do they do with their own share?

Do not forget, federal workers earn more than state workers. So from the FG's 1.4% per state, a lot of it goes into managing their federal infrastructures. A lot of it goes into Trunk A roads, rail and many more including stealing (which the states do even more).

So once again the OP's question is valid, what do the states do with their own share?

The IGR is skewed. If you're going to go by IGR then Lagos has the biggest thieves in govt.
Secondly, take a look at the 5bn palliatives shared to states by FG. No accountability for it and it was disbursed by same FG. If FG is not interested in asking govs what they did with money given to them from FG, why should such burdens be placed on citizens?

I noticed also that you ignored the effect of dollar denominated returns that's exclusively in the hands of FG

femisplash:

Is your Governor not collecting more money since the removal of subsidy?. What's he been doing with more money he collects?, he chases you away to go bark at Abuja while he steals away your future and that of your family.

What is your useless Tinubu doing with his own?