Ektbear's Posts
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damn. epidemic of fakery, indeed. |
Too many kids in this day and age is a bad idea unless one is very wealthy |
KnowAll:err, wtf? What does huge mean in this context? Huge relative to what. . . ? Relative to the size of Lagos's economy or revenue, it is not. Per capita, also small. So I dunno what you are talking about |
Although resource control (i.e., jacking up the derivation formula from 13% to something much higher) is an entirely different matter than this federalism proposal of the Governors Forum and others, I'm not opposed to it. However, if you want to practically do this, then it should be spaced out over a 20 or 30 year period of time (in my opinion.) And if there is resource control, then there may as well be control over local ports, roads, etc (50%+ of Nigeria's containers are imported through Lagos, yet Lagos doesn't get to derive revenue from these imports directly.) And I want to see the territorial waters law expanded fully out, so states like Ondo can derive the full benefit of resources in their territorial waters but which the FG is currently taking the lion's share of. |
[quote author=alj_harem link=topic=678393.msg8417747#msg8417747 date=1306725827]trust me once tinubu gets involved that's it the guy is a regressive concerning fedralism, then i wish jonathan can do it if he truly care about nigeria, ND and SE[/quote]It is kind of unfortunate that Tinubu has such a bad reputation. If he tells you it is raining outside and water starts splashing on your head, I wonder if people will think it is a trick ![]() Look, it is sort of obvious that a situation in which: A) The FG consumes 50%+ of Nigeria's government revenue B) A large portion of this 50%+ is spent on recurrent expenditure C) The FG mandating policies from above w/o taking into account differences between states (this minimum wage being a great example) Is just not a great way to run a country or cause it to grow. And in addition to slowing down the progress and growth of the country as a whole, by placing so many resources at the center, you encourage corruption and make national politics a do or die affair. I understand that others also additionally want greater resource control. Which is a fine thing to want. . . but kind of orthogonal to this proposal by the Governors Forum, ACN, etc. |
She was causing a scene, then when the police came she stabbed one of 'em. Unfortunate that she died, but it was her fault. |
And in case it isn't clear. . . Tinubu is not the only one calling for this. Fashola is, the ACN is, Peter Obi of Anambra is, and the largely PDP governors forum is also in support of it. Your own state's governor thinks it is a good idea. So let's not try to spin this as some sectarian plot. |
I'm a fan of this federalism proposal. They've done well by getting the governors forum and its members behind it. Hopefully it comes to pass. |
A good development. |
on MAY 30, 2011 · in FINANCE The Lagos State Government generated N3.02 billion through property taxation in 2010 under the Land Use Charge. Commissioner for Finance, Mr. Rotimi Oyekan, who stated this while reviewing the activities of his ministry in the last one year, said that the amount was an improvement on N2 billion and N500 million generated in 2009 and 2008 respectively. “The Land Use Charge came into being as a result of government desire to harmonise four different previously existing land charges into one charge_ The Land Use Charge. The old charges included tenement rate, developmental Charges, ground rent and neighborhood improvement charges,” he stated. The commissioner said that the ministry had almost completed its assessment of all properties in the state. “The implication is that all properties in Lagos State will get their Land Use Charge notices by the end of the year and by the end of each year.” He also disclosed that the state had been paying the monthly salaries of its employees promptly, adding that with the implementation of the new minimum wage, the wage bill of the state currently stands at N5.4 billion, while N251 million goes for pension bills. “Let me also add that the state government share and the workers’ contribution to the contributory pension scheme has been consistent and up to date with no arrears whatsoever,” he said. Oyekan added that the state had also paid N1.3 billion to retirement savings account of 322 retirees of the state in order to ensure that the retirees accessed their terminal benefits in record time. http://www.vanguardngr.com/2011/05/lagos-generates-n3bn-from-property-tax-in-2010/ |
^-- Hmm, interesting. I guess makes sense. . . talk online cannot come in a vacuum. Has to be a reflection of the thought process of a large fraction of 'em in RL. Oh well, not the end of the world lmao @ your sig |
sad |
lmao So did they pay the bribe or not? ![]() |
Most of what he says is obvious and correct. Question is, is there the political will to push through these changes? |
First, Lagos is not N154 billion in debt. It is N124. Second, no one has to borrow in life. . . but this limits whats you can accomplish and how quickly you can grow. |
Eko Ile:+1 God forbid that some of these folks ever get into political power. They'd probably have turned down the loan that Lagos got from the World Bank at 5 or 6% and instead borrowed from a Nigerian bank at 23%, out of fear of the white man and the "imperialist" West ![]() Talk about cutting off your nose to spite your face. . . |
I don't understand the long rant over one bad bus ride. Call whoever owns it and tell them specifically what needed to the replaced. How could she write such a long screed w/o even telling us what the problem was. A seat torn needing to be fixed? Pain job? Engine problem? Lmao, I dunno how Nigerians reason sometimes. . . if something needs to be fixed, reporting it and being specific is often more useful than essays about industrialization and refineries Nice job editorializing and over-dramatizing btw, OP. Smh at these folks with agendas. . . |
t |
I met some pretty damn cool Igbo folk today. As much as we talk crap to each other on this NL Politics section, one love outside of it and in real life. |
^-- Fashola is looking for investment. Electricity, factories, etc. Not loans |
@playmode: Never been sold on this anti-Americanism of yours. . . they look out for themselves #1, but that doesn't mean we cannot find something mutually beneficial. Life isn't a zero-sum game. In any case, we don't really have a choice. We need the investment to create jobs and spur growth |
North is working the media like mad trying to play victim |
KADUNA, Nigeria — The veiled woman at a camp housing thousands of displaced on the dusty outskirts of this northern Nigerian city tries to explain how her husband was killed, but becomes faint and backs away.Continued here: http://www.google.com/hostednews/afp/article/ALeqM5h7287P7HelHJK4LwhtLvD4Si1o1A?docId=CNG.3e4523be8174aad5876a3562139040b8.281 In some parts of the north's countryside, dams along rivers provide irrigation that feeds burgeoning farms of tomatoes, onion and maize, baobab trees standing tall in the breeze. |
This is a partnership/alliance that I welcome. Related article on PM News: http://pmnewsnigeria.com/2011/05/27/gov-fashola-receives-us-ambassador-to-nigeria/ |
US to expand business interest in Nigeriahttp://www.businessdayonline.com/NG/index.php/news/76-hot-topic/22178-us-to-expand-business-interest-in-nigeria |
$1 billion? All I can say is "wow" |
Echoes: Norway, Nigeria and the Lessons of Oil By John Campbell - May 27, 2011 When I was serving in Nigeria as U.S. ambassador, I once asked a Norwegian diplomat a seemingly simple question: Who became rich from oil in his country? He replied, "Nobody and everybody." He then described how Norwegians use oil revenue to lift all boats over the long term. I asked him where rich Norwegians actually made their money. He replied, "Oh, shipping, banking and timber -- you know, the modern economy." Norway developed prudent strategies and institutions to avoid injecting oil revenue directly into its economy. And, apropos of this week's discussion on the Echoes blog, they offer some economic lessons that the Arab Spring countries might heed as they transition toward democracy. Norway, like most Middle Eastern countries, has a sovereign wealth fund, called the Government Pension Fund of Norway. Unlike some other sovereign funds, Norway's is characterized by a high degree of transparency and its managers are directly accountable to democratic institutions. Norway has also led the global effort to increase transparency in natural-resource economies. In 2010, it became the first country in the Organization for Economic Cooperation and Development to publish its oil-revenue figures as part of the Extractive Industries Transparency Initiative, a coalition of governments, companies and civil groups that aims to strengthen governance in the natural-resources industry. This success has been underpinned by political will, the rule of law and developed democratic institutions. As a result, Norway has climbed to the top of the human-development indexes -- and avoided the "Dutch disease" at the same time. Certainly the experience of Norway can't be exactly replicated elsewhere, especially since it benefitted from having strong democratic institutions long before oil was discovered. Nevertheless, the Middle East and other "oil curse" states might be able to adopt its political and economic strategies, in particular its emphasis on revenue transparency, diversified investment for long-term goals, and public accountability. By contrast, Nigeria is a cautionary example of the oil curse's destructive impact. When it became independent in 1960, Nigeria had a level of development that was often compared to that of Thailand or Malaysia. It was the breadbasket of West Africa with a vibrant manufacturing industry. But an overemphasis on the oil sector, as well as widespread corruption, starved other parts of the economy. Now Nigeria imports food and gasoline, its manufacturing sector is mostly moribund and it has fallen almost to the bottom of most development indexes. At the end of the 1967-70 civil war, Nigeria's oil came on stream in a big way, generating state revenue of previously unimaginable proportions, but without the public and private institutions necessary to control it. Alas, coups and the war had militarized governance. Since oil belonged to the state, holding public office became the route to riches. This confluence of the militarization of political life and the arrival of oil riches fostered a dysfunctional political economy that has endured. Norway’s example would suggest that countries in the Middle East and Persian Gulf can avoid Nigeria’s situation by increased transparency in the conduct of their national oil companies and the establishment of mechanisms by which the entire population -- including immigrants and guest workers -- would benefit from resource revenue over the long term. That way, nobody and everybody benefits. (John Campbell is the Ralph Bunche senior fellow for Africa policy studies at the Council on Foreign Relations, and the former United States ambassador to Nigeria. He is the author of "Nigeria: Dancing on the Brink." ![]() http://www.bloomberg.com/news/2011-05-27/echoes-norway-nigeria-and-the-lessons-of-oil.html |
^- How exactly do you make money from these pictures you keep posting? I've noticed that you'll just post those flags in any threads that make the front page. But I've not yet figured out why you do it (I'm guessing money) |
phreakabit:roflmao @ "Boko Boko" |
BizBooks:I'm not a python guy, but it appears to be pretty simple in Python too: http://en.wikibooks.org/wiki/Python_Programming/PyQt4 7 lines of code. |
^-- thanks. kind of a dabbler in lots of things, expert in almost none of them ![]() |
dollypi:Read this post: https://www.nairaland.com/nigeria/topic-663363.64.html#msg8290913 Hopefully now clear why tariff must be increased. manny4life:I'd prefer for regulation to be on a per state basis too. There is no real reason for the price of electricity to be fixed from above by the FG. You'd expect that in some states it should be cheaper than others. But I guess for now we'll have to take what we can get. |
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