Atouke's Posts
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horsepower102:Lagos and all the other broke and heavily indebted state should be placed on austerity measures like it was done in Greece and Italy, so their leaders will learn that result of excessive debt. And mismanagement of public funds. |
Obamaofusa:Did you check to see that Lagos state government debt, outweighs its total income including it's high IGR? When you talk of American debt, and other western world you people always forget to mention that the income and revenue in America is more than their debt. ie they can afford their high debt profile. Lagos state cannot afford it's high debt. They are broke. AMCON and DMO debt management office will take over Lagos and the other 13 broke states and put them on receivership and they will impose austerity measures like EU did to the Greek and Italian governments because of their debt. |
Tunde835:BROKE, BANKRUPT! When your expenditures is more than your earnings you are financially insolvent. That's where Lagos state government is at the moment, AMCON and debt management office DMO will soon take over Lagos, and put it on receivership. |
Tunde835:Lagos is like a pilot who earns N2millon per month compared to a civil servant with N80,000 per month. But if the pilot owes so much that his monthly fixed expenses to service his loan is at N2.5million. That pilot will not be able to feed his kids or send them to school despite his high income. But the civil servant with just N80,000 per month with no debt will live a better life. High income is nothing if you are crippled with excessive debt that outweigh that income! |
Ferdinandu:Lagos is the most indebted state in the country. They have borrowed so much that now their debt is more than their total income including their IGR. Lagos is on life support, soon AMCON will take over Lagos state government just like they took over Arik Air when it owed more than it earned. |
Tunde835:Lagos has total income of 516 billion and has debt of 555 billion. If you owe more than you earn is the definition of being broke! |
Its sobering to Notice that 4 out of 6 Southwest states are in the red - broke. Only Ogun and Ondo are not in the red but still have very high debt and recurrent expenditures. |
The citizens of the broke states have to engage their governors on the way forward regarding excessive debt and overbloted recurrent obligations! |
Benue has a comparative advantage in agric production, but state govt. Is not investing on agric processing plants to complement the effort of the hardworking farmers in the state to add value to their products and create jobs at the same time. You will cry if you visit benue state in the harvest season and see how crops that could have been processed are wasted . |
Kyase:Yes if they stop borrowing and start spending what little is left on ventures that will generate income and jobs. |
thesicilian:Either you are not seeing correctly, or you are from one of the broke states. Hence you are biased. |
Brandstudio01:The governor's of this bankrupt/ broke states are busy stealing what so ever if left of the state resources, some of them have stopped paying salaries and pension and some are not paying their contractors and pocketing the money meant for such obligations. |
tanteta:It means your state is broke that's why there is no money to buy seed to grow food and no money for fertilizer hence high cost of food. |
This excessive borrowing will be the bane of a lot of states in the country. |
Enudapan:Almighty Eko is broke. Because of excessive debt. The only serving grace for Lagos is that its state IGR is so large they can use it to do a few projects. Before paying their debtors in the state. But other loans from Federal government is deducted at source hence crippling the state. |
The reason why wike can build 4 flyovers at a time, udom Emanuel can float an airline ibom air, Ebonyi can build good roads, Edo can fix decaying infrastructure eg the state secretariat complex , Kaduna can do Urban renewal projects and Kano can build solid Roads etc. Is because this state have few debt, and heve money left after servicing their debt and paying salaries. Others are so broke because of greed and excessive debt and gross mismanagement of funds. |
The really broke states in Nigeria have a balance sheet on the red. |
If you are wondering why your state governor is not performing, not commissioning projects, not building basic infrastructure, no healthcare facilities, no roads, water etc. The National Bureau of statistics in Nigeria has provided the Answer, Your state has excessive debt and recurrent expenditures that when subtracted from total revenue, the state has little or nothing left for capital expenditures. i.e your state is broke!
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Ilaumoh:If this is the 7th general hospital renovated and remodeled by the governor, can you name the other six for purpose of Information for some of us who don't know. This hospital's should have a website/ web presence so one can find then from anywhere in the world. |
Siberia01:And there are jobs in PH and Lagos? There are no jobs in Nigeria you nincom.....p. The unemployment is a Nigerian problem not an Akwa ibom state problem. |
Nice! |
Congrats to my brother prof. Bassey for his appointment as CU, VC. Prof Fola Lasisi a Youruba man was VC of University of Uyo for uncountable tenures, installed Yourbas as Dean's, HOD. And left a youruba timestamps at the university till today. Akwa Ibom people loved and supported him despite his sectionalism. Not to talk of Mobil qua ibo terminal and other oil and gas sectors in Akwa ibom state that is full of Yourubas.For the sectional, and ethnic bigots take note. But this is commendable congratulations prof. Bassey. Pastor Oyedepo thank you for your leadership role in Education in Nigeria, you are a shinning star. |
How about the families of the other Hundreds of soldiers who are dying Daily on the War against Boko Haram? I commend his for doing this but he should also look at others too! |
100Caliber:Atam dunce |
100Caliber:What a fool you are, we will install the next okopusem governor after the waste of two Atam governors like you. Fools like you who destroyed cross river state and with people with no sense . The same hate that you atam people have for Akwa ibom led you to supreme court and you lost the oil wells we gave to our brother Donald Duke when he was governor . You think an okopusem governor would have taken Akwa ibom to court over oil wells? Only foolish Atam people like you would have done it ,now you are living with the consequences of your stupidity. Donald Duke had 2 commissioners from Akwa ibom in his govt. And several SSA. And when the next okopusem governor comes we will have even more positions. In three years I will remind you. |
100Caliber:Of course as a full blooded ibibio, all okopusem land is my land. And that includes calabar and there is nothing you can do about it . I own several houses and investment in calabar and will keep investing there, and you cant do kpim! But only hate and envy just as you have been doing. |
Sonoyom:You claim calabar but you dont own nothing in calabar. |
100Caliber:Your hate is never going to stop us.we keep it moving! |
100Caliber:You are such a hateful monger, what you don't know and will keep Eluding you is that the Okopusem people (if you know what that means) of both Cross River And Akwa Ibom are brothers form the same parents. hence its very easy for an okpusem person to live and thrive in either state, the culture, lifestyle,food, etc are very similar, some of you think that Efik people only exist in calabar, News flash- there are efiks in Uruan LGA in Akwa ibom, which is actually believed to be the ancestral Efik Homeland, there are Efiks In Itu LGA of Akwa ibom and also Efiks in Mbo LGA of Akwa Ibom ETC. This efiks are indigenous to this areas, Just like there are ibibios and Oron people who are indigenous to Cross river state south. Calabar South LGA has lots of Ibibios who are indigenous to that area. There are very few Okopusem people in cross river state who don't have families and relations spanning both state and vice versa. The Southern Cross River people have more in common with the people of Akwa Ibom State than they have with the people of Northern and central cross river state of whom they share the state. Stop the hate and learn your history if you are an Okopusem person, if you are Efik you very likely have an Ibibio blood running in your veins as we speak. but i think you are a northern cross riverian with hate in your heart towards Akwa ibom like your gov. who is hating on Hon. Justice Akon Ikpeme. but whatever your hate , Akwa Ibom keeps Soaring, your hate cant stop us! |
Abagworo:Have you been to Ritman University Ikot Ekpene?? |
Ikot ekpene is actually a great city to live in Nigeria, it's very affordable and you avoid the high rent in Uyo the capital city while you are 20 mins drive from uyo in a dualized autobahn. Ikot ekpene is a great place for young adults just starting life, but you must have entrepreneurial drive, cos there are no jobs like every where else in Nigeria. Ikot ekpene has the federal government college, state polytechnic , and the federal poly ukana is a stone throw, it also has the Ritman University ikot ekpene, for those who are school age. A city park, for picnics and family hangout, a numbers of relaxation spots and Raffia Arts is the major handwork of the people of this area. Raffia arts made in ikot ekpene is famous worldwide, even the colonialists have been known to dabble in arts from this area, the wooden mask carved in Ikot ekpene is also very famous. The Oil palm business in hqt in this area. Ikot ekpene is a much older city than Uyo, it was the first Experimental Local government in British west Africa, ie this is where the British started the idea of local government administration in west Africa. Ikot ekpene has lots of colonial architecture that will mesmerize you, especially the churches. |


