Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 7:31am On Dec 15, 2023 |
SoNature: Yes, that's common sense. No state governor will inflate their IGR, instead they will reduce the actual figure, thereby giving us an idea of what their states generate.
But you see GDP, it takes a lot of time, resources and efforts to calculate it. That's why I always I doubt the GDP figures World Bank dishes out most times. Ignorant mind, most governors inflate their IGR to deceive international and local lenders that they generate money for them to be able to borrow more from them, IGR isn't tool to measure economy in anywhere in economics, go and read the methodology used in conducting NGDP, CBN are involved |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 7:04am On Dec 15, 2023 |
Billionairly: This is going to give sleepless night to some people from that other side. Many Sleepless nights loading. They click on the link and keep on re checking. But if their governor clamin they have 500 Billion as IGR they will come here and and start dancing Haven't you noticed that in this forum only fabricated IGR by governors make front page not GDP, I have created different threads on states GDP from World bank and NBS it didn't see front page, they enjoying deceiving themselves with IGR that doesn't measure economy, imagine celebrating high IGR still borrow to pay salary  |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:50am On Dec 15, 2023 |
Philistine: Wikipedia GDP figures? Who computed it? Now I understand you guys are jokers. Anything to masturbate your deflated egos. Did you open NBS link I showed you  |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:41am On Dec 15, 2023 |
Philistine: World Bank computes GDP in $US not in ñaira, if you insist the table is accurate, then show us the original computation from World Bank. You guys should stop spreading falsehood just to masturbate your egos This is phase II NBS released open the link https://nigerianstat.gov.ng/elibrary/read/947 |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:37am On Dec 15, 2023 |
SoNature: I didn't download and go through the PDF file. So, could you give us an idea of the methodology used to arrive at this conclusion?
I have repeatedly maintained that the only stats I trust in Nigeria are air traffic, crime rates and IGR. Everything else is based on questionable estimates. See your life, you trust IGR state governors are releasing  but you don't trust GDP from World bank and NBS |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:33am On Dec 15, 2023 |
pquaver: Keep quiet ..Hope started the Gas development..say what you know..they have been theirs since but GDP didnt Rise since...E ..wu Gambia
Obi...diots spotted..Go buy sense You be Otondo, Google when Seplat flagged off their project |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:32am On Dec 15, 2023 |
horsepower102: GDP needs to be accurately captured. There are real consequences for informal economy. It affects investment drive. Maintaining informal economy will make you look less attractive to investors who don’t know much more than what they see on paper. I know that's why I said both states should keep developing their formal economy, I'm glad both states are controlled by governors that understand the how economy works. |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:26am On Dec 15, 2023 |
pquaver: And some Ob . ..idiots Said there IS No Hope in IMO state.. Uzodinma in IMO state..
God bless Hope Uzodinma and my great father God Bless owerri,mbaitolu, mbano and ikeduru God Bless IMO state God Bless Igboland and rid US of hate,bile envy and senselessness especially Obi ...diots God direct the steps of igbo Leaders God Bless Nigeria my fatherland God Bless Deutschland....blüte Deutschland( Vaterland) Otondo the Oil and Gas firms has been there before Hope became governor |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:19am On Dec 15, 2023*. Modified: 3:37pm On Dec 15, 2023 |
horsepower102: I Disagree, it’s time to formalize everything in both Abia and Anambra. It affects investment decisions by investors. It’s time to leave 19th century thinking and enter 21st century. In real sense it benefit the citizens, Akwa Ibom with large GDP, you only see that in state government spending not the citizens, an average Anambra or Abia citizens control their GDP, that's why the government of Anambra and Abia are finding it difficult to generate more IGR, the citizens are far richer than the state government. Except both state formal sector grow to that of Lagos then they will have enough IGR to match up |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:11am On Dec 15, 2023 |
horsepower102: Anambra just started mining oil so it will take some time before the numbers start reflecting in their GDP. Unlike Imo, Anambra gas hasn’t been touched.
Abia is working on a gas processing facility investment from what I heard from an insider. Exactly, Anambra started benefiting last quarter of 2021, the production is still very low, although other sectors are doing great |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 6:01am On Dec 15, 2023*. Modified: 9:07am On Dec 15, 2023 |
Rivers, Delta, Imo, Akwa Ibom, Ogun, Oyo Enugu, Ondo and so many other states all belong to formal sector of the economy, while Anambra, Abia are control by informal economy, in my opinion informal economy benefit the citizens more than formal economy, informal economy enrich the citizens while formal economy enrich the state government more. |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 5:52am On Dec 15, 2023 |
Where are my Oyo and Ogun friends  |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 5:51am On Dec 15, 2023*. Modified: 6:43am On Dec 15, 2023 |
horsepower102: Yes oil and gas gave Imo state a big boost in GDP Once Seplat gas project start operational it will boast Imo GDP more |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 5:48am On Dec 15, 2023*. Modified: 7:35am On Dec 15, 2023 |
Minus oil and gas Anambra is 3rd largest economy in Nigeria After Lagos and FCT,
where are those Ibadan that were celebrating landmass  |
Politics › Re: Imo State Is Now The 2nd Largest State Economy In Nigeria Behind Lagos by BeautifulMind2: 5:44am On Dec 15, 2023 |
horsepower102: Top 10 Ranking
Lagos Rivers Imo Akwa Ibom Delta Anambra Ogun Ondo Niger Kaduna Based on oil and gas economy |
Politics › Re: Igbos Are Determined Now Watch Latest Video From AMC Awka(video) by BeautifulMind2(op): 11:19am On Dec 14, 2023 |
dominic17: Can you stop all these publicity, a wise man does his thing quietly Sorry it's not possible. |
Politics › Re: Is Iwo Turning To Another Ilorin? (pics) by BeautifulMind2: 6:19am On Dec 14, 2023 |
adamusuleiman1: The $20 Billion dollar refinery is not killing anyone.
For the cement trucks killing, what would you say of Ibeto... We know havoc Dangote trucks has cost, Just type Dangote truck accident the news is endless, this time it will be worst
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Politics › Re: Is Iwo Turning To Another Ilorin? (pics) by BeautifulMind2: 6:09am On Dec 14, 2023 |
adamusuleiman1: I bet you wish he invested in the barren red mud region called south east. God forbid, with his senseless drivers to kill our people and destroy our roads, he is after his money not well being for the communities where he invested, I pity the the health of those in that location, we know how the communities where he invested are crying, we are comfortable with our people,'s investments |
Politics › Re: Is Iwo Turning To Another Ilorin? (pics) by BeautifulMind2: 6:02am On Dec 14, 2023 |
Ogene001: Check number 4 and the comment below Dangote knows why he is investing heavily in west, Fulani don conquer the region. |
Politics › Re: Igbos Are Determined Now Watch Latest Video From AMC Awka(video) by BeautifulMind2(op): 5:49am On Dec 14, 2023 |
Igbos are determined on Aku lue uno like never before |
Politics › Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 5:22am On Dec 14, 2023 |
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
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Politics › Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 5:19am On Dec 14, 2023*. Modified: 12:20pm On Dec 14, 2023 |
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
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Politics › Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 5:16am On Dec 14, 2023 |
Raskimonojendor: No comment. Your leaders are playing you guys the more you look the less you see, Lagos debt go soon enter two trillion
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Politics › Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 4:57am On Dec 14, 2023 |
LegendHero: What is Soludo greatest achievement last year?
Can you mention it? 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 |
Politics › Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 4:51am On Dec 14, 2023 |
Yancedsa: Wait till soludo releases his own budget for Anambra Anambra was first to release next year budget since November, the governor has promised he will not borrow to fund his budget |
Politics › Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 4:49am On Dec 14, 2023 |
LegendHero: Lol. I remember we once argued about Aregbesola back in the days about the loans he collected and how he made Osun broke with government not able to meet salary capacity because of too much loan.
Aregbesola by far is the best Osun governor as he invested those loans on mainly road construction and education (school construction) generally and those are still standing till today.
However, when you borrow massive loan for project that won’t be able to generate revenue on their own to at least close the gap, it is very counterproductive.
So when it reach Otti turn now we should forget the budget, but when Buhari borrowed massive loan we condemned him to a fault and no one use this our logic. Anambra budget last year was N258.97 billion for 2023, the governor performed better than those that quoted larger figures and didn't borrow 1 Kobo to fund his budget watch out ANAMBRA performance next year mark by post
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Politics › Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 4:43am On Dec 14, 2023*. Modified: 5:00am On Dec 14, 2023 |
LegendHero: Can you give an example of such project that will generate fund as captured in that budget?
—Works (roads and bridges) receive 16.97% @96billion
—Land and Housing receive 9.9% @ 56billion
—Agriculture 5.2% @ 29billion
—Healthcare receive 15% @ 85billion
The above is almost half of the budget. Could you please let us know which of these items you think will generate massive revenue for him as quick wins within 2 years? Tell me what these guys achieve with 2023 humongous figures they budgeted when cost was relatively low, states with low budget in the east performed better than them
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Politics › Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 4:36am On Dec 14, 2023 |
LegendHero: .. Expect massive projects from Anambra, Abia, and Enugu next year |
Politics › Re: Abia Governor, Alex Otti Presents 2024 Budget Of ₦567 Billion by BeautifulMind2: 4:33am On Dec 14, 2023 |
LegendHero: .. Forget the figures being mentioned by governors of different state, check out their performance next year, most of the governors in your region know how to exaggerate figures especially on budget and IGR just to deceive gullible minds at the end they deliver nothing, we all know what Ogun quoted as budget and IGR till now they are struggling to complete small airport project after borrowing billions no reasonable project in that state and the year is winding up same with other states in your region except Lagos, so forgot next year na projects we are after not figures |
Politics › Re: Igbos Are Determined Now Watch Latest Video From AMC Awka(video) by BeautifulMind2(op): 9:04pm On Dec 13, 2023 |
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Politics › Re: Igbos Are Determined Now Watch Latest Video From AMC Awka(video) by BeautifulMind2(op): 8:19pm On Dec 13, 2023 |
I know when the MOU of this place was signed with former governor of Anambra state Obiano, many ignorant mind doubted it, then the site was thick forest, today it's now a now a reality, you need to visit the new Awka Millennium City to understand what's happening there, to see the money being pump there, it will be a world class city when completed, I will visit there soon to do full coverage |
Politics › Re: Igbos Are Determined Now Watch Latest Video From AMC Awka(video) by BeautifulMind2(op): 8:11pm On Dec 13, 2023 |
Obaofpigs: He asked a question...what is delaying international flights coming to Anambra and taking off from Anambra. Please update us, so we can work on fast tracking the need for it to materialize.
If I am coming in ...I will want to land in Anambra and move to my place ...in another state. Also tell Soludo to work on the inner roads connecting other states. Let APC idiots keep playing politics with Federal roads...
We move!.  Federal bureaucracy |