thependragon:


Abi! First African country to reach quarter finals. I was even rooting for them

Freshtruth:
Messi secretly knows ronaldo is better than him but shame won't let him admit it. Ronaldo invited him to Italy but he no feel go Ronaldo went to EpL at 37 still invites messi to come n challenge him but messi still no still come . Ronaldo was hoping messi still comes and challenge him at Saudi abrabia but guess what scary messi ran to USA . the question is why is messi always afraid of facing Ronaldo??

Landowner101:
God abeg na who do us this thing, e no go funny if tinubu smell that presidential seat oo.

Corn247:
There are already useless Sea and river ports around SE, Onitsha river port, onne port, akwa ibom ports etc.. Now some people are talking about "sea" port in aba even though there is no sea around the place.

Anyone who has sense will know that you guys are just clowning and you are still hell bent on migrating in mass to other people's land and be causing trouble there "instead" of staying in your underdeveloped region in peace and develop it.

If you think "importing or exporting of goods " is the only reason you mass migrate to others people land and you wish to stay in your region in peace. Then it makes sense to just connect a rail line to those ports that are close to you and import your goods in peace.

Any other idea is obviously clowning, that is ; you do not really wish to stay in your region but know that sooner or later the choice will not be yours to make because obviously others cannot just be developing their space while some group will just mass migrate there to destroy it in the name of "one Nigeria".

yoruboid:
Dataphyte’s review of Nigerian states’ first quarter budget implementation reports indicates that many states may fall below their projected revenue for the 2023 fiscal year based on their performance in Q1.
Every year, governments at the federal and state levels make a budget for the financial year. Beyond the expenditure part of the budget, a critical component is the revenue as well as the sources (where the revenue will come from).
For states in Nigeria, the revenue to fund their budgets usually come from the internal/independent revenue they generate, FAAC allocations from the federation account, aid and grants, and capital development fund.
This report shall focus majorly on the internally generated revenue (IGR) and how states performed in the first quarter of the year.
IGR are generated by states through the collection of Pay-As-You-Earn Tax (PAYE), Direct Assessment, Road Taxes, and revenues from Ministries, Departments and Agencies (MDAs).
As noted by Dataphyte in a previous report, IGR shows the fiscal wellness and economic viability of a state. It is the main source of funds for states to build infrastructure and execute developmental projects. It helps states to fund perennial financial obligations associated with governance, such as fixing bad roads, hospitals, and other infrastructural activities.
For the 2023 fiscal year, the 36 states in Nigeria projected to generate a total IGR of N2.64 trillion.
Lagos State has the highest projected internal revenue, followed by River State. Ogun, Delta, Kaduna, Imo, and Oyo projected to generate at least N83 billion internally.
On the bottom of the chart are Kebbi, Yobe, Jigawa, Gombe, Ebonyi, and Taraba. These states’ projected IGR for the year is below N20 billion.
Recently, states published their Q1 budget performance reports. With four quarters in a year, it is presumed that states should have generated one-quarter (25%) of their projected revenue in each quarter. However, from the available data, a number of states fell short of that 25% revenue projection for the first quarter.
Some other states, however, hit over the 25% target.
For instance, as of the end of Q1 2023, data showed that Kwara State had generated 45.03% of its N41.04 billion IGR for the year. Delta State also generated over 40% of its projected IGR for 2023.
It is worth stating that the 42.64% IGR performance of Delta State was because revenues were collected from some IGR codes that were not budgeted in the first quarter of the year as explained in the state’s budget implementation report.
Kebbi, Ondo, Kogi, Ekiti, and Gombe generated at least 30% of their IGR at the end of Q1.
Jigawa, Bayelsa, Plateau, and Anambra achieved at least 27%.
Apart from these 11 states, every other state generated below 25% of their IGR at the end of the first quarter of the year.
Akwa Ibom, Imo, Enugu, and Katsina generated below 15% of their projected internal revenue for the year as of the end of Q1.
For some of the states, their low IGR performance was attributed to security challenges and electioneering activities.
However, for Akwa Ibom State, which realised less than 2% of its projected N47.85 billion IGR for the year, it was disclosed in the budget implementation report that some MDAs, as of Q1, had not submitted its documentations.
On expenditure performance for Q1, Delta State had spent 33.6% of its budgeted expenditure for the year. Ekiti State, on the other hand, had spent one-quarter of its budget for 2023 in the same period.
Aside from these two states, at the end of Q1, every other state had spent less than 25% of its budget for the year,
Plateau, Imo, Abia, Cross River, Enugu, Adamawa, Taraba, Benue, Nasarawa, Anambra, and Borno States spent less than 10% of their budget at the end of Q1 2023.
This wide-ranging low-budget performance in the first quarter suggests that some states may record a low-budget performance if the events remain the same in the other quarters of the year.
Wuyah Yunana et al, noted in their research that low IGR hinders the development of a state. While the research focused more on local governments, it bears implications for the respective states.
An economics lecturer at the Benue State University, Dr Princewill Okwoche, who commented on the Q1 internal revenue performance of the states, expressed concerns about low performance from many of the states, noting that lower revenues than expected would put the states in a difficult position when they try to fund their fiscal responsibilities.
He added situations like this also lead to budget deficits which push states to resort to borrowing to meet their obligations

https://www.dataphyte.com/latest-reports/23-states-perform-below-their-projected-igr-in-q1-2023/?amp_markup=1

Okoroawusa:
Are you sure you are ok?

Bring down this thread right now

Urheadmaster:


During the under 17 world cup when Leo Messi destroyed Nigeria, i hated him up till now

ElSudani:
When Obama released his birth certificate was the opposition satisfied and let it rest?
In case you didn't know, a gentleman named Joe Arpaio took it to court and people like Donald Trump exploited it for as long as he could.

Tinubu is doing the right thing. He is not answerable to Atiku or any of his opponents. He is answerable to the Nigerian people who elected him.

tolue42:


Will you keep quiet? You guys will get tired last last.

Nothing will remove our president

mycar:

F9 and Fail, what's the difference?

alanto:


The Almighty GENERAL that suyanized 3million people somewhere in Nigeria in late 60s.

SpecialAdviser:
I thought one pastor said it will be 1 naira to 1 dollar? Abi na another APC scam?