₦airaland Forum

Op he mentioned all immigrants not only Africans. You can call trump racist but Muslim don't want other Muslims in their country. Africans can't even live peacefully with one another in Africa.

Pakute:
Lol, you go to river for leisure, those shallow river, you see why i said God is not kind to your region. Here in SW, we take leisure to the beach, not only in Lagos but all the way to Ondo, beautiful beaches.. God is kind to us.

Nigga is still wailing on lgbo affairs. You must be a market woman. Dem too like gossip

CoronaVirusPro:
Who d fvck told you compose a poem!

Morafvcker!

Fvck you!

With or without the support of international community, we will destroy hamas and gaza in preparation for next planting season. That is lsreal telling you Bleep you motherfucker. You can wail to death.

CoronaVirusPro:



Fvck Israel!

Bleep hamas
Bleep hzebolla
Bleep hours
Bleep Syrians
Bleep iran
Bleep Qatar
Bleep Palestine

Isreal will bomb them back to the 12 century.

Benwallt:
E pain am. E don dey speechless. Pakute, whoever you are, carry on. You are doing great. These vagabonds and picaresque characters must feel the fire

You never start. Continue wailing. Your frustration is our delight

Benwallt:
The Peoples Democratic Party (PDP) in Abia State has kicked against Governor Alex Otti’s 2024 budget proposal.



The party said it concluded that it is “unrealistic and a ploy to create enough grounds of excuses for his inability to deliver on his promises and much-touted magic wand in good governance and excellent management of resources”.



A statement signed by the state PDP Vice Chairman/Acting State Publicity Secretary, Hon. Elder Abraham Amah on Sunday, according to the proposal, the “budget’s total figure is N567 billion; that is N407 billion and a three and half times higher than the state’s 2023 budget and N420 billion and more than four times the 2022 budget even when the state’s economy grew at less than five per cent in the year 2023”.



It said, “The smoking gun in the budget is that of the N567 billion, only N166.08 billion, about 29 per cent, would be generated from by the government through the monthly Federation Allocation Account Committee, FAAC and the State’s Internally Generated Revenue, IGR (which has even dropped from the Ikpeazu era of N5.7 billion monthly to N3.3 billion in the last six months despite all the fuss about automation that was used to create political noise in the State) while the balance of N401b, which is 71% of the budget would be borrowed from both foreign and local lenders.

“Moreover, the FAAC revenue is almost solely dependent on the FG’s budget benchmark of oil price of $77 per barrel which is always open to the volatilities of international politics and can fluctuate precipitously and with shocking spontaneity. That alone is a red flag and a dead end which dispassionate analysts have read early on and clearly shows that there is nothing to cheer about.



“Worse still, of the N567 billion, 84% amounting to N476 billion would be spent on capital expenditure while 16%, amounting to N91 billion would be spent on recurrent expenditure. The N91 billion recurrent expenditure is more than 50% the last recurrent expenditure of N35 billion of the 2023 budget.



“The recurrent expenditure comprises wage bills of civil servants, security vote and running of the government house. It is easy to see the road we are headed because more than 15,000 of Abia civil servants have been sacked, more than 10,000 unpaid in the last six months, yet the recurrent expenditure continues to rise unconstrained.

“In the Q3 2023 budget (July-September 2023) Alex Otti spent 87% of the N25 billion that accrued to the State on himself and his office and this trend would continue because the N91 billion recurrent expenditure would follow a similar pattern. He took N5.3 billion to service his office from his personal house, N2.8 billion as security vote when he had campaigned that he will not take security vote, used N233 million for feeding, N552 million for information dissemination and other humongous amounts that cannot be accounted for.



“Of the N401 billion to be borrowed, $115 million which translates to about N100 billion, using the prevailing official exchange rate has already been approved by the lender, African Development Bank, AfDB and the obligor, the FGN has also approved for disbursement, and Alex Otti still proposes to borrow N300 billion from both local and external sources.”



“So from the onset, Alex Otti has already planned for an excuse for his failure when he fails to borrow about N300b to fund his unrealistic budget,” the party said.

“In the past 32 years, Abia’s debt profile which Alex Otti converted into a hymn in the last eight years is put officially at N166 billion and this includes those inherited from our sister state, Imo when Abia was carved out of the old Imo State.”



It said, “If Alex Otti succeeds in borrowing N300 billion in one year, he would have shot up Abia’s debt exposure up to N570 billion in just one year.



“And the economic question to ask is, which of the capital expenditure projects is an income-generating project that would generate the income to repay the loan or is he just borrowing for aesthetics? The debt per capita of Abia is currently N46,315 and by the time he borrows to fund the 2024 budget, the debt per capita would rise by N137,209 by the end of 2025.



“From the foregoing, it is obvious even to the layman in Economics and Finance that the 2024 budget proposals made by Alex Otti would mean more suffering for the masses because the budget as it is, is unrealistic and offers no hope for the future of Abians.”
The Abia PDP, therefore, called on the State House of Assembly to study the 2024 budget proposal closely, cut the excesses and “save future generations of Abians from the future debt which Alex Otti wants to lead them into”.



“We also call on the good people of Abia to prevail upon Alex Otti from mortgaging our future with debts and not allow him to bite more than he can chew at a time and ask him to cut his cloth according to his size,” it added.

See wailing. Its like you and patuke are in competition for the most prolific wailer

Pakute:
Dispute the figures with facts and stop bleating like a goat.

You are the goat. Just imagine the level of wailing since morning

Benwallt:
The Abia State Government, under the leadership of Alex Otti of the Labour Party, looks to borrow to fund 71 per cent of the 2024 budget.

In an analysis of the budget, the state said it plans to get N166,077,717,058 in revenue, including earnings from internally generated channels, the Federation Accounts Allocation Committee, and other sources.

This represents 29 per cent of the total budget expenditure.

According to Statisense, the figure showed that 71 per cent of the budget is expected to be funded through borrowing.

In June, the Special Adviser to Governor Alex Otti on Finance, Mike Akpara, said the state owes N191,239,307,593.67 billion in domestic and foreign loans.

The implication is that if the Abia State Assembly passes the budget, the state’s debt portfolio will rise to a record high.

Who cares. Wailer

Obaofaba:
Labor party has lost it since they were infiltrated by the tickets hunters.

You claimed the election was rigged, you have the court to seek redress but chicken out because the supposed winner is quarrelling with his godfather.

The other one is in abia state borrowing more than 400 billion naira at a go.

It has never happened before in Nigeria that a very poor state like abia will go into debt of 400 billion naira in a year.

Add the figure to the debt on ground and see how their future is being morgaged but Tinubu GCFR and Yoruba will be their problem but take the earliest night bus to Lagos in search of greener pastures after helping to install an anti people government in their region.

I thought the only achievement of Obi was the money he saved and the claim he never borrow a dime, you guys were agog with that all through the electioneering period, will you now call out otti for going against the party's manifesto abi the party no get am?

Wailing of busy bodies

CoronaVirusPro:
God bless His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR) for the warm and pleasant wishes to President Mohammadu Buhari (GCFR)

It is no coincidence that two great men of our time, had the opportunity to handover power to each other. It takes divine intervention for such to happen, and has been engraved on the gold plaques of history.

It’s never a privileged to have witnessed the administration of a dogged Buhari, and the last political demigod-Asiwaju Bola Ahmed Tinubu, it’s an opportunity we all might not appreciate now, but will do over time.

I remember vividly when some unscrupulous lots were praying for President Buhari’s death, but look at where we are today, Almighty God has put them all to shame! Some even already in their own graves.


“Who God has blessed, no man can curse” _ 2face Idibia

I hope you apply your last quote to lsreal.

The worse and most incompetent president ever to rule this country. If the prime ministers of uk left their country worse than they met it, I am sure buhari will not be travelling to the UK . Nigeria leaders will go abroad, see and experience the good things abroad but rather replicate such in Nigeria, will rather buy a house abroad

It's like unemployment and see finish is worrying you

ajebuter:
I went to Onipanu market off lkorodu road around 11:30 am and from sipeolu street, l entered the market to come out to lkorodu road and all through my walk inside that market in Onipanu, l didn't see a single buyer entering the market from the main gate at the bus stop

I walked inside the market with ease

That should be worrisome because it's usually a very busy market and on a Saturday, you're not even suppose to see front because of crowd of shopper

Omo, something is definitely wrong as people are not even able to buy basic food items

Also at the cold room next to Boku Supermarket in the same Onipanu where l went shopping for chicken, l was there for almost 30 minutes and no single person came into the big store to buy fish, chicken or turkey because they were too expensive

Ha...Something dey happen oo

Turkey is now for big man
3 thighs 5500. Same 3 thighs in 2019 selling for 2500.

E no go die better. Foolish man

Ballmer:
Why didn't Azikwe ironsi Ekweume all foolish Igbo lunatics why did they not do it why must your foolish pathetic cursed miserable wretched soul blame your failure in life on another n not your Igbo tribesmen.

Is it a cockroach or malu that typed this incoherent rubbish

Ibadan, Ado ekiti, ota, Ado odo, osogbo, ako baale all these places and many more did not witness any destruction during the civil war, yet when you go there it looks like places coming out from a war. What level if backwardness. Even the lagos you Brag with, millions of Yorubas are struggling to survive yet you say lgbos are running to productive land. Sw is so productive that millions of Yorubas can't seem to lift themselves out of poverty

jrusky:
Another thrash. Statement from someone reason from the Anus.

All of you talking nonsense do you all get sense at all? I guess No.

You are shouting no godfatherism, wike is this wike is that did you all fools ask yourself how did Fubara gott to power if no room to godfatherism? Is it not same godfatherism that brought him to power? Since Fubara hate godfatgerism then why did he accepted the godfatherism in the first place, why can't he go solo on his political ambition if he is a honest man for real?

You dinned with the devil and you want go without getting injury is that possible?

Fubra accepted godfatherism and turning his back now against the godfather is an act of betrayer. Fubara is not a honest man and lack principle, what you don't want to eat you don't smell it that how a real honest act.

All of you should shut da fu-ck.

I hate betrayers with passion.

And you talking about Tinubu ad Ambodu will you shut up and get lost? What did you know about the issue? Just dey blablablabla, blublublu shit. Shut up!!!

So if someone gets you a job in shell and tells you that 70% of your salary for the duration you work there belongs to him, you will accept

Catapault:
“Any Nigerian can apply for a license to mine gold here in Zamfara. I have been here for 4 years mining gold, and I can’t even speak Hausa. And the people here love me and support our company”, Says James Udoji, an Igbo man with a thriving gold mining business in Zamfara state.

https://punchng.com/inside-multi-billion-naira-zamfara-gold-mining-factory/?amp

THIS IS A HOT SLAP IN THE FACE of all the IPOB idiots claiming Zamfara gold is for northerners alone.

A VERY HOT SLAP.

What a slow poke. You actually believe this man looking like this is a billionaire investing in mines

Igbo matter dey totori you like amala and ewedu. If you are nothing no one will talk about you, lgbos don't waste time talking about nonetities

Pakute:
There's very little or nothing to show that the southeast is among the big boys in Nigeria. Big boys call the shots, errand boys obey and deliver the instructions. If you cannot influence national decision politically and economically, you belong to the small boy level and therefore, nobody takes you seriously when you cry.
SE declared a sit-at-home whereby the economy of the region was shut down for 2years running YET Nigeria's economy do not suffer a bleeding, not even a scratch.
In 2021, when Kanu was extradited, Nigeria's earnings was 10trillion, compared to 11trillion in 2022 when ibos shut down their economy. This is just earnings, total revenue is far more. If SW, SS or the North shut down their economy for two months, Nigeria would have been on her knees begging. Nigeria feeds the SE, give them monthly allocation to pay workers and execute projects, the food they eat come from other regions and 99% of ibos irk their living outside SE. So, what is SE useful for?

Any time I hear
I will.....
Govt plans to......
Govt aspires......
Jubilation as govt intends to.....

I know it's all talk and zero actions

Curse777:
That you people think Fabura with 200 billion money laundering case is a saint is funny

And you believe that the entire 200 billion belongs to him

dominic17:
If you have built a house before you will know you need to Yoruba or Igbo to feel the pain of house demolition. I don't think I need to explain to someone who has not used his sweat to buy a ton of iron rod, granite and cement before how painful it is see house demolition and it is only a bas.tard like your family that will abuse other people's fathers

He has never built a house. Don’t be surprised that he has never bought a car.

Curse777:




How exactly will Fabura function as a Governor without Law makers and Commissioners

Nobody to pass his budget

Wike played this game like a pro


.

How did aregbesola function without commissioners, LG chairmen for 6 years. There lies your answer

horsepower102:
Imo state has surpassed Rivers, Delta, Awka Ibom and Anambra state to become the 2nd/ Second largest state economy in Nigeria with a GDP of #8,452,776,534,748 trillion

Modified: I misread Rivers state numbers


Source (page 156): https://budgit.org/wp-content/uploads/2023/10/2023-State-of-States-updated-.pdf

Which imo state. The one in Nigeria or the imaginary one

UncleAyo:
1. Answer the question of the challenge and win a whopping 1million naira, or
2. Leave this thread (with your tail between your legs).

What you wrote has nothing to do with the challenge on this thread. It's Yuletide, allow others to win if you have nothing tangible to contribute to the thread.

Am sure there are members of your family and extended family that owu dey blow. Donate it to them if at all you have seen 1 million in your life

FreeStuffsNG:
Thank you for bringing those investments to Nigeria. Nigeria remains a global investment haven.

The naysayers, unpatriotic elements, criminal defamers, and cyberbullies will never be blessed by Nigeria.

I am profoundly proud of the brilliant and patriotic leadership of President Bola Ahmed Tinubu. This is a wise decision of building on the ground work done by President Buhari who ensured that our relationship with Germany remains excellent.

At the last UNGA to be attended by Angela Merkel, it was only Nigeria's President Muhammadu Buhari in the whole UN General Assembly who recognized, appreciated, honoured and wished then outgoing German Chancellor Angela Merkel a successful post-retirement despite all Dr. Angela Merkel did to help a lot of countries including Greece etc.

Today, Angela Merkel's successor and Buhari's successor are reaping from the relationship and taking it to the next level. Practice only quality people in your life.

For those who don't understand the real issue of GSK exit yet filled with hate ignorantly blame Nigeria, these profit-oriented companies are taking business decisions to keep their business lean, competitive and profitable.

Here, read Why Sanofi is not exiting Nigeria but changing its global business model
https://www.nairaland.com/7918252/why-sanofi-not-exiting-nigeria
Check my signature for free stuffs!

Lamba

Brainy56:
Like I have previously stated. Even the Nigerians complaining about bad govt don't really care about good governance, what they really care about is that the person they support is in charge.
Just listen to all these NL wailing wailers. How can you support 5 members against 27? Just imagine if 5 members tried to impeach this Governor, these same people will be crying how illegal that it. They will be crying that this is the end of democracy.
But just because they don't like Wikez they are are willing to support a Governor setting the assembly on fire, they are ok with 5 members controlling the assembly and against a clear majority of 27. They are even ok with a Governor demolishing the house of assembly just to prevent the 27 members from doing what they are legally allowed to do under the law.
Now you can see that even the wailing wailers don't care about what is right or what is wrong, as long as the side they support is winning according to them.
If and when Wike and his own gang start to fo their own illegalities, then social media will be filled with cries of democracy is dead blah blah blah. HYPOCRITES

Wailing unlimited