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[quote author= post=109020890]Ewedu brain hard for you to understand that your slum states are below Anambra state in economy[/quote]It's a waste of time arguing with you. |
[quote author= post=109020844]GDP of an economy, including at State level, is a measure in monetary terms of production of all goods and services during a period. Like the compilation at the national level, State accounts statistics are based on the guidelines and recommendations set out in the System of National Accounts 2008 (SNA 2008). The System of National Accounts provides an internationally-recognised framework and a comprehensive set of concepts, definitions and classifications for national accounting. Additionally, other relevant guidelines adopted are the International Standard Industrial Classification of all Economic Activities (ISIC) as well as the Central Product Classification (CPC) system. States GDP compilation is important and useful for various purposes. First, it provides important information to support evidence-based policymaking. It also helps to identify key drivers of economic growth in each state and assess the performance of the state economy. Further, by revealing the structure of the state economy, the contribution of each state to the national output can be determined. Methodologically, National/State accounts describe all flows within a period between the economic units constituting the national /state economy and their stocks. As such, the States accounts can follow national accounts as long as one can clearly define and delineate a state, and its resident units in terms of institutional units, production units, consumer units within it. In short, SGDP is the sum of gross value added of all resident producer units (industries) within the economic borders of the state during a given period of time including taxes, less subsidies, on products. The institutional units / sectors in the States include: Non-financial corporations (Flour Mills, Nestle, etc), Financial corporations (Banks, Insurance etc), State governments, Non-profit institutions serving households (NPISH) in the state, and Households. In compilation of SGDP, residence is not based on birth or legal criteria. Instead, an institutional unit is classified as resident if it has a centre of economic interest in the economic territory of a state. Certain activities cut across state boundaries, and thus their economic contribution cannot be assigned to any one state eg telecommunication, Railway line, Transportation, Banking & Insurance. Other activities like Defence, paramilitary, border security force, high sea drilling etc are kept outside the purview of the state GDP. Key data sources included in SGDP compilation include secondary/administrative data, surveys, financial statements, audited State government accounts and VAT returns, among others. In practice, the compilation of Gross Domestic Product (GDP) estimates for sub-national units of the Federation has been a phased exercise at the National Bureau of Statistics since 2013. In the first phase, estimates for eleven (11) States – Akwa Ibom, Bayelsa, Cross River, Delta, Kaduna, Kano, Ogun, Osun, Oyo, Rivers and Zamfara – were published in October 2018, providing estimates for states GDP for the five-year period covering 2013-2017. The completion of this initial phase of the SGDP compilation exercise revealed new insights regarding the structure of sub-national economies, while also demonstrating an improvement in statistical capacity for producing both national and state accounts. This report provides estimates for the second phase of the States GDP compilation exercise covering an additional 11 states - Anambra, Bauchi, Ebonyi, Edo, Ekiti, Gombe, Jigawa, Kogi, Niger, Ondo - and the Federal Capital Territory (FCT). Thus, the results for all 22 states are provided and analysed in this report. This is expected to inform policymakers at all levels regarding absolute and relative magnitudes of economic activities in the reporting States, even as NBS continues efforts to complete the last phase of compilation for the remaining 15 States. Summary of Findings i. In 2017, the nominal gross domestic product for the 22 states (for which data is currently available) stood at N63.8trillion, or 56% of Nigeria’s nominal gross domestic product in that year ii. By sector, the 22 states accounted for 57%, 77% and 48% of agriculture, industry and services GDP at the national level respectively. Among the 22 states, however, services sector accounted for 67%, while agriculture accounted for 22% and industry, 11%. iii. Among the 22 states, FCT had the highest gross domestic product at N10.6 trillion, or 17% of total states GDP. This was followed by Akwa-Ibom and Rivers States, each with 8% of total states GDP. iv. In the FCT, services accounted for 81% of GDP while industry and agriculture accounted for 18% and 10% respectively. In Akwa-Ibom, however, industry accounted for 65% while services and agriculture accounted for 19% and 16% respectively. v. Across the 22 states, the non-oil sector represented 98% of total states GDP while the oil sector accounted for only 2%. vi. The 6 states with the highest nominal GDP in 2017 – FCT, Akwa-Ibom, Rivers, Delta, Bayelsa, Anambra – accounted for about 50% of the total states GDP, or 27% of Nigeria’s nominal GDP, in 2017.[/quote]Dude, you're dumb AF. What's this?. I bet you don't even understand what you posted. If you had the littlest understanding of economic, you'd know what you posted was a very myopic comparative summary. |
[quote author= post=109020403]Dumbo with empty brain, stop being emotional Anambra state top all your mud enclaves outside Lagos being developed by all tribes and foreigners[/quote]Yet you have refused to bring out stats on Anambra IGR. And Lagos is no longer developed by ibos alone?.. dumb people. |
[quote author= post=109020290]That is why I asked you to read the information I provided, CBN checkmate all transactions across the states, read to see the methodology used stop being lazy and arguing blindly[/quote]Illiterate dumb boy. |
[quote author= post=109018343]Serious you are empty that's how hooligans you guys elected as governors are playing ludo with your brain, internal generated revenue goes to state without fg interference, value added tax goes to Federal government, you're arguing without knowing the difference Most governors high figures of their IGR to deceive local or foreign lenders to be able to negotiate loans , no system that monitors state IGR even VAT that goes to federal[/quote]Dumb boy, you're corroborating my point. VAT is a part of the aggregate revenue from the state but goes directly to FG. However, it doesn't come to me as a surprise how you dismiss the veracity of official data whenever it doesn't suit your narratives. External creditors are not as stupid as you are to think they can lend credit facilities to any state without an officially backed data. |
[quote author= post=109017118]They claimed to generate high IGR just to be able to borrow money from local and international leaders, that's why states in your region top in debt with nothing to show for, if truly they generate high IGR they claimed they should be leading in providing infrastructures in Nigeria when your states are dead [/quote]Dude, you're very dumb AF. VAT is the biggest IGR earner of every state and it goes directly to FG. How do you expect states with bigger IGR build infrastructures with money that are being redistributed to beneficiary states like Anambra that generates meagre unsustainable IGR.Anambra had to take a loan to build its new airport which has increased its debt burden significantly too. |
[quote author= post=109015455]You are ignorant mind, Fowler when he was FIRS boss he was manipulating the system to favour his region[/quote]Don't be silly. Does the screenshot corroborate your accusation of him manipulating figures? Has new data from FIRS disputed the SW being the region with the highest VAT contribution? |
Blakjewelry:Ogun state has the highest number of industries in the country. kid, drop the phone and ask your father to take you out more often. |
[quote author= post=109005845]When Babatunde Fowler was FIRS boss northerners accused him of manipulating the revenue generating during his tenure to favour West, they removed him and placed their own, now the new nincompoop in FIRS is brain washing gullible minds, if you guys know you generate VAT your region should support restructure for states to collect VAT na by then una go abolish sharia law and force breweries to invest in your region [/quote]You're a lying goat. Where is your fact that Fowler was sacked for manipulating figures to favour the SW?.. dimwit.Even with the current chairman, SW still retains her leading status as the highest generating zone. |
Datboredberry:Werey dey disguise |
gidgiddy: |
gidgiddy:Stop talking like a goat. There was nothing regional about the regions anylonger. Regions that could no longer make laws for theirselves and civil service were no longer exclusive to their respective regions but had become national and subservient to the control at the center and whatever was generated by each region was also no longer exclusive within the purview of the region but to the center. EVERYTHING had become NATIONAL with the CENTER being STRONGER while the REGIONS being WEAKER which was a complete opposite previously before Aguiyi took over. Regions no longer had their former structures after Ironsi's decree, they were broken into PROVINCES, you dimwit. We had a group of weaker pronvinces under a military Governor who lacked executive power but under the control of a stronger center. That was exactly what Ironsi did. In comparison, what Gowon did was far better than Ironsi's foolish decree. It's better to have a group of states each with its own Governor than Ironsi's foolish decree of a group of provinces all under one Governor. It's better a state to administer itself than a group of provinces that can't administer themselves. It was only a matter of time before the regions lost their resource control. A stronger and newly more expansive center needed more financial powers to cater to the weaker federating units who now rely on it. If Aguiyi could shed the regions off their political and administrative powers, why wouldn't his successor also shed them off their financial or fiscal powers?.. don't be dumb. Only fools with a brain of a lizard would keep covering up the grave foolishness of a greedy old fool called Ironsi for the purpose of consolation. When you stripped powers off the regions and took it to the center, you've killed federalism, that's a fact. Why would I blame Gowon who met a very powerful center. Would I expect him to weaken his power that he had on a platter?.. Only fools would expect anything different. Till date, I'm still waiting for a President that will reverse the structure, reduce his power at Abuja and strengthen the States. Why would anyone reduces his political power?. Has any of your state Governor in the SE been able to shed more powers to the local governments under them?. Don't you ever again blame Gowon for the foolishness of Ironsi. Ironsi killed the structures and foundation our forefathers fought for and laid down for us pre independence. I'm done with you. I'm no longer interested in your stupid back & forth. |
gidgiddy:See this idiot blaming the Northerners but conveniently absorbing his self-seeking ibo forebears as much guilt. I want to believe something is generally wrong with you guys. Every other person is/was wrong except you, despite your greed being the major culprit of everything fundamentally gone wrong in Nigeria. A demon called Ironsi woke up one tipsy morning and destroyed the vestiges of regionalism, thus becoming provinces with no executive power. From being a federation to a republic. Yet you have the guts to justify the sheer insanity perpetrated by Ironsi who is currently burning in hell. Ironsi killed regionalism while Gowon simply burried it .. simple. |
DMerciful:You're dumb dumb. If your braindead forebears had made the slightest of an effort to have had an embassy at the time, you wouldn't conveniently talk down the essence of having one, much less scrapping it off. Goat. People like you end up being miserable in life. |
DMerciful:You're even more foolish and dumb. Every region was liberty to develop at its own pace with the resources at her disposal. It was for the fact that your forefathers had no foresight to facilitate the development of her people and the prospects of her people abroad which is your bane in every human developmental index. But you believed the embassy had to be scrapped because your head is scrapped off its brain box. Do we have Scottish, Wales & Northern Ireland embassies in Nigerian yet Nigeria has an embassy in the UK? Swear down, you guys are a pile of scum. I wished Gowon had finished you off completely. |
Zooposki:Abakaliki slowpoke. |
ngoziwrites:God will save Nigerian men from hoes. |
ngoziwrites:I just knew there's something dirty about you until i viewed your earlier thread where your intention was all about preying on your victims in a relationship. Miss complicated relationship, you always select your prey with a set trap beforehand. I can only hope the dude won't be pussy whipped into mortgaging his future. You are one hell of a bitch, you know. |
EndRape2:More impressive this is coming from a lady. But I disagree in a few areas. Dude has never promised her a thing neither has he made a commitment to her. The only red flag here is ngozi. I would make this thread a case study for the next job seekers in my office and have them make a title out of her. |
ngoziwrites:Sit your ass down bitch, i'm done with you. |
ngoziwrites:It's no longer about paying me 40k, it now about my daughter, right? Look, I can conclude how ridiculously piss poor your mindset. The big names of women out there do not run after a man who lodges a hoe in a 25k hotel/ night, has two cars and sells trucks. The women of the industry grow businesses from nothing or little to something big. They achieved it, they proved it. But You.. you can't give it because you don't have it. You started a restaurant and it failed, you couldn't manage a business let alone manage a home. You failed, you have no value. You are haunted by your greatest fear, you needed security, so that when you collapse, there is a man who could help lift you back to life. |
ngoziwrites:Using 'we' as though she was married to him. "we can pay you bla bla ba". The only dream in your hollow head is the fantasy of the guy's wealth. Obviously, the only thing that makes your pussy dripping wet. I'll pass over your offer, I'm a chattered accountant and I've seen a lot manipulation of cheap hoes like you. Desperate hoes like you would do just about anything to entrap a guy. I wish I knew the dude, he would dump your poverty- stricken ass the next minute. |
olosho, you're acting the script of Linda lkeji. It's just a matter of a few more knacks before you entrap him with pregnancy. The guy has told you he's not ready yet, desperate gold digger. |
ihatebuhari:olosho, close your mouth. Lagos is not Italy. |
ihatebuhari:Lying hoe |
Their number is very inconsequential, they're less than 5 thousand. |
Most governors high figures of their IGR to deceive local or foreign lenders to be able to negotiate loans , no system that monitors state IGR even VAT that goes to federal[/quote]Dumb boy, you're corroborating my point. VAT is a part of the aggregate revenue from the state but goes directly to FG. However, it doesn't come to me as a surprise how you dismiss the veracity of official data whenever it doesn't suit your narratives.
when your states are dead