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Foreign Affairs / Re: Mali Junta Arrests 11 Oppositions Calling For Civilian Rule by Agboriotejoye(m): 5:26pm On Jun 21 |
Good. A saner clime that knows the right treatment for pretentious and desperate power seekers They will be flogged and shot dead If only such treatment was given to the vile, hateful, deceitful and abysmally incompetent opposition in Nigeria in 2013, Nigerians won't be in this mess today. Mali should know that a stitch in time saves nine" 2 Likes 1 Share |
Politics / Re: Nigerians Begin Fresh Protests In Niger Over Hardship Inflicted By Tinubu by Agboriotejoye(m): 2:47pm On Feb 07 |
Lol |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 1:51pm On Feb 07 |
vanitybutiwanti:It's easy for the special adviser to ask what Rivers gov used November allocation for. Snakes like you was saying with another mouth that Wike already tied a substantial amount of the 14bn igr to loan repayment but you've suddenly developed amnesia now. Meanwhile, you never asked Wike your god what he was doing with 40bn every month while he was doing aso ebi and junketing all over the world with his gangrenous-5. Hypocrite 1 Like |
Foreign Affairs / Re: Biden Confuses Macron With Dead French President, Mitterrand by Agboriotejoye(m): 1:48pm On Feb 07 |
seunmsg:Congrats π π π Wage award nko |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 12:48pm On Feb 07 |
SmartyPants:Really? I didn't know Lagos used its federal allocation to build the rails. If we're to go by your analogy, the rail in Lagos should have been built since 2012 when the IGR was 155bn that year. Note that the value of 155bn then far exceeds even 300bn today. So, if you're saying every state should work at the same pace with Lagos, then you have to wait till each particular state accumulates over 1trn debt and almost 700bn IGR before we start expecting them to build rails. There's no evidence that each state is not maximising its IGR potential except you mean you want them to engage in double taxation by taxing bank branches and telecoms cells like Kogi attempted in 2023. Out of over 12million cars plying Nigerian roads, more than half have their papers done in Lagos even when they do be used in other states. Gombe is still lagging behind seriously in many development indices. It is number 31 on igr list for example since that's what you're using to measure states. Nobody is disinterested. But govs can't be made bogeymen to excuse shining the searchlight on FG. That's corny reasoning and its daft to be frank 3 Likes |
Health / Re: "Having Sex 21 Times A Month With Wife Or Side Chic Prevents Prostrate Cancer" by Agboriotejoye(m): 12:05pm On Feb 07 |
EreluRoz:Getting ready for the next round 1 Like 1 Share |
Foreign Affairs / Re: Biden Confuses Macron With Dead French President, Mitterrand by Agboriotejoye(m): 12:01pm On Feb 07 |
Maks27:No wonder seunmsg has not been seen online for a while |
Foreign Affairs / Re: Biden Confuses Macron With Dead French President, Mitterrand by Agboriotejoye(m): 11:56am On Feb 07 |
The dead calls the dead |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 11:55am On Feb 07 |
SmartyPants:Stop pulling examples out of your behind then Lagos is among the states that get the highest allocation. Stop fishing for idiots. The IGR you're talking of is as a result of its vantage position as the commercial nerve Centre of the country and not any deliberate policy by the state. The same model used by Lagos had been applied in Osun and Ekiti with disastrous of indifferent results at best. What has Gombe done? The states are majorly underfunded except for the major oil producing states which is not up to one-third of the states The FG holds the vast majority of our commonwealth. 1 Like |
Business / Re: Naira Weakens At Official Market, Banks Sell $584m by Agboriotejoye(m): 11:12am On Feb 07 |
Cardoso!! Seunmsg com and carry your brother o 1 Like |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 11:06am On Feb 07 |
9jatriot: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 1 Like |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 11:01am On Feb 07 |
SmartyPants: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. 1 Like |
Politics / Re: Government To Release Food Items From Reserves To Crash Prices by Agboriotejoye(m): 10:58am On Feb 07 |
However, Governor Umar Bago, alleged sabotage by a cartel which he accused of mopping up foodstuffs in order to cause hike in prices.So after subsidy cabal We now have food cabal |
Politics / Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by Agboriotejoye(m): 9:07am On Feb 07 |
ivolt:You're right though. Even the Op is confused and spreading confusion. The total food import in 2019 was just N959bn which was just 5% of total imports in Nigeria so what exactly is the fuss about? The dude is screaming over just 5% of imports |
Politics / Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by Agboriotejoye(m): 8:38am On Feb 07 |
ivolt: The Dutch agricultural sector is highly mechanised, and has a strong focus on international exports. It employs about 4% of the Dutch labour force but produces large surpluses in the food-processing industry and accounts for 21% of the Dutch total export value.[195] The Dutch rank first in the European Union and second worldwide in value of agricultural exports, behind only the United States,[196] with agricultural exports earning β¬80.7 billion in 2014,[197] up from β¬75.4 billion in 2012.[24] In 2019 agricultural exports were worth β¬94.5 billion.[198] In an effort to reduce agricultural pollution, the Dutch government is imposing strict limits on the productivity of the farming sector, triggering Dutch farmers' protests.[199] Norway is also the world's second-largest exporter of fish (in value, after China).[171][172] Fish from fish farms and catch constitutes the second largest (behind oil/natural gas) export product measured in value.[173][174] Norway is the world's largest producer of salmon, followed by Chile.[175] Maybe what you mean is subsistence farming as we have in Nigeria. In Netherlands, through agric, just 4% of the labour force generate over β¬90bn export from agric alone. In Nigeria about 60% of farming labour generate less than $10bn. Farming is big business. Nigerian leaders don't want to do anything but just steal money and live off govt largesse |
Politics / Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by Agboriotejoye(m): 8:03am On Feb 07 |
ivolt:That's not true. Netherlands, Norway, even China, Thailand, Philippines and a host of other countries are agric-dependent and they are doing well Let me add Singapore too |
Politics / Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by Agboriotejoye(m): 7:59am On Feb 07 |
ivolt:Well, folks like nairalanda1 argue that subsidies are bad for the economy and free market will cure all that ails us. Meanwhile at the base of free markets practiced by countries like USA is a large dose of socialism that exists in their agric sector. Why should poultry feed be so expensive for example when we grow maize? It is true that Nigeria does not have comparative advantage in most agricultural products especially the exportable ones, but it is also true that the single achievement any govt can have that will set us on the road to economic prosperity is to achieve food security. If we can achieve that, our economy will have enough bounce to make further heights. A hungry man nor dey see road 1 Like |
Politics / Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by Agboriotejoye(m): 7:54am On Feb 07 |
mrvitalis:It is even a lie. I don't believe Nigeria spends anything close to $15bn importing food. If it is true, it will be the elites cause the larger percentage of Nigerians eat locally sourced foods Before Buhari's border closure, the only staple imported food was rice. After he closed the border, most Nigerian households including food outlets now cook our local rice. The rest of our foods yam, maize, millet, cassava, beans, onions, vegetables are locally sourced. So who is eating $15bn worth of imported food? All those who eat pizza and baked beans 2 Likes |
Politics / Re: Nigeria Cannot Feed Herself. Spent $15 Billion Importing Food in 2019 by Agboriotejoye(m): 7:46am On Feb 07 |
aribisala0:Well, your political elites who control and have access to most of those resources prefer the imported ones than to engage in scrawny farming. 1 Like |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 6:23am On Feb 07 |
femisplash:You couldn't make sense. Where does the 52% go to. Jupiter? 1 Like 1 Share |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 6:32pm On Feb 06 |
femisplash: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 1 Like 1 Share |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 6:26pm On Feb 06 |
femisplash:And whose fault is that? I hope you know that devaluation leads to more money in circulation which leads to inflation as well |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 5:44pm On Feb 06 |
femisplash:It shows how ignorant you are. So devaluation does not affect the purchasing power of your currency abi? 4 Likes 1 Share |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 5:43pm On Feb 06 |
femisplash: FG 52% States 26% Ls 22% Out of the 26%, Kano gets about 0.7% while Lagos gets 0.8. Lagos also gets 13% derivation while Kano gets none. Bayelsa gets about 0.6% and also 13% derivation So how does it make sense to lump all the states together and ask citizens to hold their governors accountable for a paltry 0.8% when the FG is holding 52%? How?!!! 4 Likes 2 Shares |
Politics / Re: Gridlock As Fuel Queues Resurface In Lagos by Agboriotejoye(m): 5:34pm On Feb 06 |
G00dharddick:Tinubu's administration is bad nor doubt. But don't come here and cover GEJ in roses. He was not a good leader |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 5:04pm On Feb 06 |
femisplash:What is the sharing formula? 1 Like |
Politics / Re: Gridlock As Fuel Queues Resurface In Lagos by Agboriotejoye(m): 4:54pm On Feb 06 |
grandstar:Oh. That was referring to IGR. The report is a whitewash. The report is talking of how many states can pay salaries without federal allocation when the constitution that creates the states asks that they be run based on federal allocation. Let's not kid ourselves. Our revenue generating profile among our states is not balanced. It is skewed towards Lagos and Abuja on a massive scale. You pay VAT towards the centre mostly from Lagos. Lagos collects wharf landing fees from ports for goods going to the hinterland while most industries cited in Lagos pay tax to Lagos for goods they produced which will be consumed elsewhere. It's not the fault of Lagos though. But to use igr as a means of measuring the performance of states is something I find terribly fraudulent. Even the British recognised the fraud during colonial times and had to devise a means of ensuring equity |
Politics / Re: Gridlock As Fuel Queues Resurface In Lagos by Agboriotejoye(m): 4:49pm On Feb 06 |
ReubenE:It's all propaganda and conditioning. Do you know how many times the "benefits" of subsidy removal have changed from mouth to mouth? First it was subsidy removal will bring investment into the country especially in the oil and gas sector. Then it became subsidy removal will give us enough money to build badly needed infrastructure like roads, rails, schools, hospitals etc Then came subsidy removal will curb corruption on our govt expenditure The most ridiculous I heard from the corn man himself is that subsidy is the reason our refineries stopped working. I mean you must see Nigerians as special kind of stupid to say that. The fact is subsidy has become a fundamental bloc of our economy. It stands on higher or equal footing with say naira value. So I have steadfastly believe that since it was govt of its own choosing that brought us to this pass where our economic fundamentals was subsidy, it behoves on govt to find a way to steer us out of it. Subsidy is not a bad tooth that needs to be removed with little finesse but a lot of anaesthetic. No. Subsidy removal demands deep thinking and solutions that ensures the country is better off for it. The dude labeled me a communist for that practical stand borne out of reality. One thing I'm happy for is that we got a president who was finally allowed to remove subsidy the way people like him have been clamouring for and we have seen the result. The country is depressed right now! Anywhere you go, it is lamentations and wailing regardless of tribe or religion. Hunger and deprivation does not know any tribe or religion. After all, Muslims in MINNA and KANO are the first to protest. The fact that fuel is still being sold at N600 today is a stark admission of the failure of subsidy removal. The fact that WB has twice come out to berate the govt on the state of economy which is due to the same subsidy removal they've been recommending shows that the idea is a totally bad one and folks like me who were labeled communists were right all along. It's not about economic concepts or principles. It's about the fact the fuel subsidy is an interval part of our economy and demands intelligent solution than just removal to get rid of. And anyone who tells you the removal will bring anything positive is simply living in a fools paradise just as you've said. 1 Like 1 Share |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 4:20pm On Feb 06 |
femisplash:You missed the dollar denominated reserves. The fallacy in your submission is that you're treating the 36 states and 774LGs as a single entity. That's false logic and reductionist. The 36 states collect varying amount from the national purse and each is expected to function optimally as a state with same set of officials and functions. Meanwhile, most of those officials and function are a replica of the FG that gets far above them in allocation 13 Likes |
Politics / Re: Gridlock As Fuel Queues Resurface In Lagos by Agboriotejoye(m): 4:09pm On Feb 06 |
G00dharddick:Doesn't matter GEJ was not a good president A President who had girls kidnapped from their schools and he kept mum for almost two weeks! Haba!! Tribalism will kill this country |
Politics / Re: What Are The Governors Doing With The Increased Allocation? by Agboriotejoye(m): 3:15pm On Feb 06 |
This is a darn ignorant question Whatever increase is there in allocation, FG still takes the lion share. Take for example your claim that 787bn was shared in May before Tinubu took office, and 1.13trn in August, 3 months after he took office. Of the increase of about 300bn which you're touting, Tinubu alone will take 52% and that is minus the big fact that the dollar denominated returns on that increase will be with Tinubu and not the state govs since he controls the CBN. The state govs individually get less than 10% of the total increase. 15 Likes 1 Share |
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