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Mycar's Posts

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PoliticsRe: Peter Obi's NO Debt Claim ( 2011 - 2014) by mycar: 5:57am On Jul 25, 2022
thebosstrevor1:
Stop confusing yourself.

Are igr collected in naira or in dollars?

Are tax collected in naira or in dollars.

Pls use your head.
You should start by knowing what an IGR is, to help you out, it is a revenue from the state, in as much as it is paid in naira, it depends on the source of the fund, we have direct foreign investment and many others sources state government earn money and such naira earned increased with increased in the exchange rate.
You all were gloating over his investment that appreciated in naira but depreciated in dollar due to increased in the exchange rate. wasn't dividend part of the IGR again?
PoliticsRe: Peter Obi's NO Debt Claim ( 2011 - 2014) by mycar:
Buccalcavity2:
Never seen a 'dumber' post than yours. Must you talk? Dollars and Anambra IGR?Crude oil and Anambra IGR?
the joke is on you, your own ignorance is a menace to the society, don't you know that states earn foreign exchange either by direct investment or import/export duties, so was dollar earning captured in the post? You were here disturbing our sanity with your campaign of calumny on how his investment nose dived in dollars without paying interest on the increase in share value in naira, right?
Even primary one pupil would know that the higher the exchange rate, the more naira you will get from any dollar base income you get.
even the more the naira in circulation, the more people spend and the more taxes you earn.
PoliticsRe: Peter Obi's Performance As A Governor by mycar: 11:39pm On Jul 24, 2022
Bodexman:
Hello guys

I stumbled on this thread and I want you guys to read this thread about Peter Obi's performance as governor by the Igbos themselves (majorly Anambraians). This was an era where no one was called 'Afonja' or being paid 30k monthly stipends for airing his/her view.

Why do these guys all of a sudden want to start painting Peter Obi as a performer when the citizens themselves acknowledged he was a failure and a boy-boy to Jonathan, I.e always running to Abuja while abandoning his duties to the state.

Pls, read below and air your view, thanks.

https://www.nairaland.com/870945/what-exactly-peter-obi-doing
In everything you do, people must talk, people only realize your value when you've left the office, like they say, you don't know the value of what you have until you lose it.
Everybody can never like you.
PoliticsRe: Peter Obi's NO Debt Claim ( 2011 - 2014) by mycar: 11:28pm On Jul 24, 2022
thebosstrevor1:
You have no point. Income doesnt move up because of dollar rates but because of the increase in tax base.

btw, are we using dollar in Nigeria??

the money was borrowed in naira, so why should i convert to dollar

una wayo too much
let hate not take away your smartness.
Is crude oil not sold in naira?, if you want to compare how good or bad your currency is doing, you have to use a common factor, which is mostly dollar.

Don't sound like Tinubu. I know you would rather keep your money in dollar than Naira because of the purchasing power.

By the way, when there is an increase in the minimum wage, there is also an increase in the paye but at the end of the day, what's the purchasing power?
PoliticsRe: Peter Obi's NO Debt Claim ( 2011 - 2014) by mycar:
thebosstrevor1:
Peter Obi claims is that he is a good saver, that he doesnt borrow but data says other wise

lets check fact of peter obi's claim

1. FAAC Allocations ( federal allocation)

2011 - 48,169,192,345
2012 - 53,463,252,698
2013 - 61,087,819,917
2014- 54,967,429,203

Note: peter obi had the highest federal allocation of any anambra state governor

2. Internally Generated Revenue

2011 - 6,148,922,395
2012 - 7,601,582,012
2013 - 8,731,599,912
2014 - 10,454,312,316

Note: Peter obi couldn't generate enough IGR, Obiano in 2017 Generated about 17,365,385,831( the highest of any anambra state governor)

External Debt ( Money owned to lenders outside of the state)

2010 - 21,304,916.77
2011 - 24, 446,469.98
2012 - 26,708,648.57
2013 - 30,323,574.4
2014 - 45,154,626.04

Domestic Debt ( Debt owned to lenders inside the state)

2011 - 6,403,320,000
2012 - 14,299,990,000
2013 - 3,024,797,047
2014 - 2,876,176,930

Note: Obiano has the lowest domestic debt of any Anambra state governor( in 2017, Anambra domestic debt was 2,612,431,504)

Total Debt Stock ( Total Debt of Anambra state)

2011 - 10,301,896,354
2012 - 18,469,210,042
2013- 7,863,529,136
2014- 11,048,351,460

My data source : https://yourbudgit.com/state-economy/#4
Hello poster, in as much as I do know the authenticity of your data but if you check the figures you posted, you could see the variation of the figure in an upwards direction.

To break it down for you , for example, if income is 6B in 2011, 7.6B in 2012, 8.7B in 2013 and 10.4B in 2014 , checking well will tell you that there is a rate at which it is increasing which is partly as a result of variation in the exchange rate.

Convert it to dollar, you will see that Obiano did not generate much in 2017.

Ordinarily, Peter obi debt should also be increasing but it was not which means that the state debt was decreasing.

Get the dollar equivalent of those amount with respect to the exchange rate within the period under review then you will be ashamed of your criticisms.

If you divide his IGR in 2014 by 165 exchange rate , you will get about 63million dollars
And if you divide Obiano's IGR by 334usd to naira exchange rate in 2017, you will get about 52million dollars, you need to standardize your data.
so, you can see that those of us that are supporting Peter Obi are as intelligent as Obi. We are not illitrates. We don't support nonsense.
PoliticsRe: TRENDING: Why I Don’t Tell My Church Members Who To Vote For – Pst. Adeboye by mycar: 6:44pm On Jul 24, 2022
that was before the arrival of the fake bishops combo grin
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar: 6:28pm On Jul 24, 2022
thebosstrevor1:
He was impeached

Was governor for 3 years

2003 to 2006
Did Ngige contest again in 2010?
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar: 6:25pm On Jul 24, 2022
[quote author=BATified2023 post=115047238][/quote]Why wasn't his claim of investment increase debunk until PMB administration rendered naira useless?
He actually said that he has only one house in Nigeria and no in the world, besides, the London house must have been far gotten before he became the executive governor of Anambra state
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar: 6:20pm On Jul 24, 2022
thebosstrevor1:
Ngige was impeached

You don't know what happened in anambra state
You are mistaken, Ngige contested again in 2010
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar:
thebosstrevor1:
Ngige was sworn in May 29, 2003. That year the State generated N800m in revenue. 2004, the revenue quadrupled to N3.6bn, 2005, the previous year's revenue doubled to N7.4bn.

March 2006, he got booted out of office for operating with a stolen mandate and Peter Obi was sworn in

Same 2006, revenue dips by over 40% to N4bn, the attached pictures show the trajectory of the igr under Peter Obi. He left office in March 2014 leaving the IGR at N8bn (2013). 2014, IGR jumped to N10bn. The numbers for 2021are not yet out but 2020 puts the State's IGR at N28bn.

In 3yrs, Ngige was able x9 the State's IGR, Obiano was able to do x3.5 while Peter Obi could barely move the needle. It took Peter Obi 8 YEARS to surpass what he met on ground and the difference was just a billion

https://mobile.twitter.com/alhajabalance/status/1490290578122231812
Who authored the attached and if your statistics was accurate and depicted what was on ground in Anambra,
see for you the result of his reelection
Peter Obi All Progressives Grand Alliance 97,843 34.39%
Chris Ngige Action Congress of Nigeria 60,240 21.17%
Charles Chukwuma Soludo People's Democratic Party 59,355 20.86%
Andy Uba Labour Party 26,106 9.17%
Nicholas Ukachukwu Hope Democratic Party 20,777 7.30%

why wasn't Ngige reelected when he contested again in 2010 if indeed Peter Obi failed in his first tenure?
PoliticsRe: Tinubu victimised over 15,000 workers over their role in the agitation by mycar: 5:39pm On Jul 24, 2022
grin source
PoliticsRe: Tinubu - "I Am Not Worried About The Exchange Rate"(see His Reason) by mycar: 5:29pm On Jul 24, 2022
That's their plan, raise the exchange rate, sell dollar higher in the black market to make more naira to pay salary at the detriment of our naira purchasing power. To him, you have to be an importer or exporter to fill the impact of the high exchange rate. A serious government would have given the enabling environment to our production industrials, reach out to other countries for the supply of the goods that we can produce in Nigeria, buy from the locals for export and most especial, promote peace that will provide the enabling environment other than nepotism and segregation that have constantly drawing us back.
PoliticsRe: Muslim-Muslim Ticket: Fayemi Urges CAN To Evolve A Charter Of Demands by mycar: 5:08pm On Jul 24, 2022
All APC is interested in is to win election and not governance. The same way they brought Buhari to win the election and after that nothing more.
PoliticsRe: Surgery: Osinbajo Sends Heartwarming Message To Nigerians by mycar:
we should keep this man on standby to take over from Peter Obi.
This man must be our president one day. His potentials were systemically limited just to make him appear incompetent before Nigerians, the glimpse of him remains the best period in this Buhari administration
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar: 4:55pm On Jul 24, 2022
thebosstrevor1:
Ok sir.

Now read this article by nairametrics.

A 10 years old article

https://www.google.com/amp/s/nairametrics.com/2012/06/14/dissecting-the-numbers-el-rufais-anambras-budget-of-misplaced-priorities/%3famp=1
In as much as your link contains Elrfai biased opinion during his reelection year of which Anambra people gave the verdict, still send me the statistics at the time he handed over to Obiano.
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar: 4:51pm On Jul 24, 2022
thebosstrevor1:
The joke is on you, i have posted my sources.

Maybe you are blind to see them.

I really have a hard time communicating with blind people like you, who speak lot of grammar but have no sense.

Have a nice day, having a back and forth will be of no use.
If you believed in your source, you can believe anything, gullible people like you are the reason Nigeria is on a reverse gear.

Either ways, your principal contributed to the mess we are in today as a country,, hence you should cover your face in shame.
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar: 4:38pm On Jul 24, 2022
thebosstrevor1:
Ok sir.

Now read this article by nairametrics.

A 10 years old article

https://www.google.com/amp/s/nairametrics.com/2012/06/14/dissecting-the-numbers-el-rufais-anambras-budget-of-misplaced-priorities/%3famp=1
Like I said, it is a personal opinion and besides, I am not rating PO with what he met on ground but what he left behind and all these was in election year where all sorts of wrong figures are thrown around just to score cheap political points.

And to think that he won the 2010 elections convincingly against Soludo of PDP that was in power tells alot about the position of NDI Anambra on Peter obi mandate.

So , give up already, it's checkmate
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar: 4:29pm On Jul 24, 2022
thebosstrevor1:
Really

I am not suprised that most of peter obi supporters are illiterates
The joke is on you, an intelligent person will support his position with evidence whereas illitrates think other are like them, anyways, if self sophisticated morons could make touts wear bishops cassock thinking that others are fools, I don't expect anything intelligent from urchins
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar: 4:21pm On Jul 24, 2022
thebosstrevor1:
If you want link, go to the national bureau of statistics website.

Also visit the world bank ease of doing business in Nigeria 2010.
Credible source and not personal prepared sheet.
I can create similar thing like this and upload
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar: 4:20pm On Jul 24, 2022
It's seems urchins have been paid, they will disappear soon after they have finished their monthly stipend.
PoliticsRe: Peter Obi's Anambra Statistics ( 2010) by mycar: 4:15pm On Jul 24, 2022
thebosstrevor1:
Peter obi was governor of Anambra state from 2006 to 2014 that is 8 years.

These are some of the stats of peter obi when he was Governor.

1.Unemployment rate in Anambra was among the highest in the South-east zone, at 21.3 per cent, and it was higher than the national average of 21.1 per cent. Imo’s unemployment rate is 29.9 per cent and Enugu is 15 per cent”.

2. Poverty rate, according to the National bureau of statistics, poverty rate in anambra was 68%

3. Ease of doing Business in Anambra state: According to the Ease of Doing Business

Anambra State came 35th and was the last of the South Eastern States


You also have to note that during Peter obi's governorship, the state workers and students went on strike on various occasions because of lack of salaries.
That's your opinion, lemme know when you have one with a verifiable link from a reputable organisation.
PoliticsRe: Obi Increases Lecturers' Pay To More Than Dep Governor's, ASUU Rejects It (2010) by mycar: 4:13pm On Jul 24, 2022
Aldol:
Go through this

https://www.nairaland.com/541948/ASUU-blames-peter-obi-south
the link to the source is not verifiable
PoliticsRe: Obi Increases Lecturers' Pay To More Than Dep Governor's, ASUU Rejects It (2010) by mycar:
Commentor:
After 6 months.

Can the students recover the 6 months lost?

Is it a sin for the students to have chosen Anambra state to further their education?
It is better to take 6months to sort things out once and for all than having the same problem everyday for the rest of your life, Our civil service system needed cleansing, If we can take a year to sort out all our problem in Nigeria to enjoy forever after, I'm good.
Besides, you have to dissect to fix and dissection is never pain free.

seunmsg:
That’s exactly my point. ASUU strikes are more complicated than limiting it to salary increment. That ASUU refused to call off the strike despite the increment is a good indication that Peter Obi lacked the basic understanding of what the problems were all about.

At national level, ASUU demands even gets more complicated. If Obi becomes president, I see ASUU going on strike for over a year. We must do everything to dodge this Obi bullet.
It's not about the problem you met on ground but how well it was resolved and with his experience in the state level, and advancement in the payment system, it will be far easy to resolve now irrespective of the level.
There are relatively adequate facts and figures to work with now, so what complication are you talking about here?
I thought BAT and co. wanted to intervene? You can simply give what you don't have.
PoliticsRe: Peter Obi Nyash Has Been Exposed by mycar: 3:47pm On Jul 24, 2022
I was forcing myself to believe until I saw where it was mentioned that Obi destroyed Apga structure in the state whereas APGA has remained the ruling party in the state up till date, so which structure was destroyed?
You can never tell lies about Peter Obi without getting caught
PoliticsRe: Breaking: Evidence Of Biased Mod's On Nairaland by mycar: 3:17pm On Jul 24, 2022
tamdun:
Names were mentioned in the write up, u can go and verify
verify where, unfounded news?
That's the job of the bringer and not me.
PoliticsRe: Northerners Are More Connected To Their Radios Than Social Media – Reno Omokri by mycar: 3:13pm On Jul 24, 2022
Peter obi team are good people else, Reno would have been busy defending one allegation upon another until election is over then he will know how bad it is to put allegation on someone's head.
PoliticsRe: Breaking: Evidence Of Biased Mod's On Nairaland by mycar: 2:55pm On Jul 24, 2022
DeleTaller:
Even if it happened in 1960... is still relevant in our today activity... you should not cover the sin of the past all because Obi is involved.
Is it verifiable?
Is it true and if yes, how was it resolved?
PoliticsRe: Finally The Two Best Governors Of The South east Since 1999 by mycar: 2:53pm On Jul 24, 2022
Sammy07:
I'll pick obiano over Obi tho.
And Dave Umahi over chime
Those from Anambra will pick Peter Obi
PoliticsFinal Kick Of Dying Horses by mycar(op): 2:27pm On Jul 24, 2022
What's it with this final kick of dying horses thread on Peter obi on nairaland, even without verifiable sources, they are been pushed to the front page?
For example, the one that says 'Peter obi should be blamed for ASUU strike in 2010",
Even if at all it's true, being an incident that happened in 2010 and supposedly been resolved since, why didn't the inventor of the news tell us how it was resolved?
What about the ones that said that Ipob have placed a shoot at sight on PO, and some said that he is the leader of the IPOB? Are they this confused to that extent, why not take a collective stand on your lies, You are so unorganized to the extent that those that are saying that he is against the ipob are liking the posts of those that are saying that he is the leader of IPOB and vice versa?

I wonder how you guys are getting paid for all these show of shame. That is how one political party hired some fake Bishops.

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