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States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years (13019 Views)

Only 3 States Generate IGR More Than Allocation From FAAC — Dr Ayawei / Abubakar Aliyu: Why We Can’t Generate 5,000MW Of Electricity / A Bill To Allow States Generate Electricity Passed By House Of Representatives (2) (3) (4)

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Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by kaymandak(m): 8:36am On Sep 10, 2021
TheRareGem1:
We need to open our eyes as indigens of our respective states to make sure we hold our governors responsible and accountable, but sadly, our eyes are always on FG while state governors are stylishly mortgaging the incoming generations
God bless you for this.
Nigerians sometimes I don't really understand the essence why they attend fourwalls of any institution.
Governors have succeeded in mortgaging the future of this country and nobody is complaining about that, all our interest is on federal.
The so called governors incapacitated the closest government to the people (LG), nobody is complaining..our problem is the federal.
I pity us so much.

1 Like

Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by spirul77: 8:36am On Sep 10, 2021
blackpanda:


50bn is not even enough to pay salaries let alone construct roads, markets etc. No state except Lagos and ogun can function without FGN intervention.

Also it's not a policy, it's a judgment. Judgment that is already on appeal.

But if I'm buhari I will allow states collect. But all the judges will have no salary till fgn completes the appeal process. Since they are also a beneficiary of the VAT. Let the state govt pay them from the collection
but this thing pain una sha!!!

2 Likes

Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by caleboxylic: 8:37am On Sep 10, 2021
michlins:
I don't know what each state contributes but I know that about thirty two states in Nigeria can't run without the federal government allocations

The allocation because federal government steals the resources in east ,west and south to share with northern states.

1 Like

Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by Traplord09: 8:46am On Sep 10, 2021
Emu4life:
What are these states borrowing money for? No Capital Projects/Infrastructure, No proliferation of Factories, Poor Education and catastrophic Health Care system. what are they borrowing money for? To fund the extravagant lifestyle of politifians
Y do you want to no.....
I want to send my kids to best country and buy a good house that look like gold,
If you say a dss we fine you..
Just to look for how to cover front pages
Midder newspaper..

Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by Ogbeniomo: 8:51am On Sep 10, 2021
michlins:
I don't know what each state contributes but I know that about thirty two states in Nigeria can't run without the federal government allocations
U don't know, but u quickly point hand at one tribe, and u say about 32 states can't run without the federal Governent, that 32 state are from lgbo? Mumu Aboki bandit.

2 Likes

Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by blackpanda: 8:59am On Sep 10, 2021
spirul77:
but this thing pain una sha!!!

Dear dont be childish
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by blackpanda: 9:00am On Sep 10, 2021
caleboxylic:


The restructuring is coming small small. For us in the east, we will expand our automotive industries ,manufacturing base and collect sales on gas and oil.
We will see how your northern states will survive. I pity your sokoto and katsina states bc they will be worst hit .

We will this we will that...what is stoping you from expanding your so called industries now mtscheeew

Btw i am not from the north, oga tribalist
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by blackpanda: 9:02am On Sep 10, 2021
[s]
tollyboy5:

Let federal government stop embezzlement of oil money lawyers salary will be paid by state.
You can't say because of v.a.t you'll stop paying lawyers.
Kuku stop collecting oil money and let's see what will happen
[/s]

This one doesnt even know what hes saying....which lawyer
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by tonyson010(m): 9:04am On Sep 10, 2021
michlins:
When they talk about vat, someone from Enugu and Abakaliki will be joining Lagos State to shout fiscal federalism forgetting that his state is on same level as Yobe state in terms of IGR.

Truth is that aside from Lagos and about two or more states, others depend on the federal government to pay ordinary salaries. That's how terrible it is

much looting and laziness makes it seem like state governments can't pay comfortably.
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by tollyboy5(m): 9:07am On Sep 10, 2021
blackpanda:
[s][/s]

This one doesnt even know what hes saying....which lawyer
Then mind your nothern business
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by Jackmj(m): 9:10am On Sep 10, 2021
unbitchable:

Why is a state like Osun that generates more IGR than most northern states and some southern states yet gets the lowest allocations in successive years. With low allocation, how do you expect such a state embark on lots of infrastructures and payment of its workers?
If a state like Osun that has gold deposits is allowed to control its resources, more development would be visibly achieved.
You want development for the country yet people like you have refused to open your eyes and understanding to the fact that restructuring and resource control is the way out of central dependency.

But you just saw that osun received more money from FAAC than they generated
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by blackpanda: 9:11am On Sep 10, 2021
tollyboy5:

Then mind your nothern business

I am not from the north mr tribalist undecided
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by caleboxylic: 9:12am On Sep 10, 2021
blackpanda:


We will this we will that...what is stoping you from expanding your so called industries now mtscheeew

Btw i am not from the north, oga tribalist

Are we not doing that already? Eastern vehicle assembly is up, Anamco is up with shamack trucks that dangote and others patronize, innoson is there, peace assembly plant and another one is coming up in anambra.

Airpeace has acquired land for his airport hotel and MOR facility.

Let's see how we won't generate enough resources from our gas that will supply AKK pipeline down to Europe. Resource control is coming and you northerners will suffer .

Stop denying your origin. Be proud of who you are . There is nothing to be scared of with regards to resource control. Thank God our southern governors have woken up. The onslaught just started .
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by excel101(m): 9:12am On Sep 10, 2021
blackpanda:
Those foolish chest beaters won't like this. They prefer the false narrative that north depends on south. The truth is 90% of southern states generate nothing!


I just de laff. Keep clapping for d vat judgment. Na una go cry blood grin
Your Governors from the North started crying the very first day Gov. Wike of Rivers got the judgement in a Fed High Court in Rivers State, in favor of his State collecting VAT, and no longer the FIR. You're making noise on NL, while you leaders are counting losses.

1 Like

Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by blackpanda: 9:15am On Sep 10, 2021
excel101:
Your Governors from the North started crying the very first day Gov. Wike of Rivers got the judgement in a Fed High Court in Rivers State, in favor of his State collecting VAT, and no longer the FIR. You're making noise on NL, while you leaders are counting losses.

i am not from the north mr tribalist. Go and rest
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by patrickmuf(m): 9:16am On Sep 10, 2021
Truthissupreme:
we need restructuring where every state control its own VAT and resources

That way there would be no hiding, every state would sit up and stop laziness
Fact of the matter...
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by blackpanda: 9:17am On Sep 10, 2021
caleboxylic:


Are we not doing that already? Eastern vehicle assembly is up, Anamco is up with shamack trucks that dangote and others patronize, innoson is there, peace assembly plant and another one is coming up in anambra.

Airpeace has acquired land for his airport hotel and MOR facility.

Let's see how we won't generate enough resources from our gas that will supply AKK pipeline down to Europe. Resource control is coming and you northerners will suffer .

Stop denying your origin. Be proud of who you are . There is nothing to be scared of with regards to resource control. Thank God our southern governors have woken up. The onslaught just started .


Mtscheeeew. Tribalism is your problem. Keep deceiving yourself
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by Jamesbiodun(m): 9:17am On Sep 10, 2021
State government embezzlement is alarming, some state government won't even provide good motorable road for its people, this country is bleeped up
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by excel101(m): 9:19am On Sep 10, 2021
blackpanda:


We will this we will that...what is stoping you from expanding your so called industries now mtscheeew

Btw i am not from the north, oga tribalist
Hypocrites, he's not referring to you since you're not from the North. Let someone from the North react to his post.
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by orisa37: 9:20am On Sep 10, 2021
It's a Case of Robbing KUKAH TO PAY GUMI.

1 Like

Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by tollyboy5(m): 9:23am On Sep 10, 2021
blackpanda:


I am not from the north mr tribalist undecided
Yes I'm a tribslist. I'm from Lagos and I can't marry a girl from Kwara. Where are you from?
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by zoedew: 9:24am On Sep 10, 2021
Delta is being grossly mismanaged.
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by tollyboy5(m): 9:24am On Sep 10, 2021
excel101:
Hypocrites, he's not referring to you since you're not from the North. Let someone from the North react to his post.
You dey mind that one.
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by 4four(m): 9:25am On Sep 10, 2021
blackpanda:


Nobody is leeching on anybody. FGN is trying to take care of all Nigerians equitably.
by robbing Peter to pay Paul?
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by gwinaB(m): 9:31am On Sep 10, 2021
blackpanda:


But u just read that apart from Lagos and ogun, the other states aren't generating anything.
Did you read that they generate nothing or that they generate less than they get? Most states will generate more if they depend less on federal allocations, they will be more creative in providing avenues for income generation else they will become bankrupt.
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by nisai: 9:52am On Sep 10, 2021
TheRareGem1:
We need to open our eyes as indigens of our respective states to make sure we hold our governors responsible and accountable, but sadly, our eyes are always on FG while state governors are stylishly mortgaging the incoming generations
This is exactly why we want to help the FG by lifting the burden of VAT collection off its shoulder, devolution of power and resource control. It will divert our binoculars to the states once the FG approves this.

Otherwise, zero!
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by Chigold101(m): 9:57am On Sep 10, 2021
blackpanda:
Those foolish chest beaters won't like this. They prefer the false narrative that north depends on south. The truth is 90% of southern states generate nothing!


I just de laff. Keep clapping for d vat judgment. Na una go cry blood grin
I doubt if you actually read the report at all

1 Like

Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by shogz89: 10:05am On Sep 10, 2021
caleboxylic:


Do you know what VAT means. For now ,our VAT is paid centrally but it will change henceforth. Every state will collect VAT based on goods consumed in their states and east and north will do well here.

It will favor all states but the VAT for ogun and Lagos will be reduced with no significant effect.

Lol you are very wrong.. How will Vat from Lagos and Ogun reduce when they have never collected it.. VAT is a consumption tax. The more you consume the more tax you pay except what you are consuming is VAT exempt. unfortunately most items in the north are VAT exempt i.e(Basic food items, sharia laws banning alcohol and other items that should bring in VAT).

States that have a high standard of living and population to purchase and consume vatable products will benefit. Lagos, Ogun, is at the very top of the food chain here.

To tell you what Lagos will be gaining, they reduced the VAT rate from 7.5% to 6% on Wednesday

1 Like 1 Share

Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by gentleibraheem(m): 10:08am On Sep 10, 2021
Haa.
I got scared na. I was reading five point thirty naira and ten point nineteen naira
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by blackpanda: 10:50am On Sep 10, 2021
gwinaB:

Did you read that they generate nothing or that they generate less than they get? Most states will generate more if they depend less on federal allocations, they will be more creative in providing avenues for income generation else they will become bankrupt.

And u think the governor cares if the state is bankrupt smh. As far his pocket is enriched he wont bother as usual.
Dont work with fantasies o. Governors are not accountable to no one.
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by blackpanda: 10:53am On Sep 10, 2021
4four:
by robbing Peter to pay Paul?

Yes.
Re: States Generate ₦5.30, Get ₦10.19, Borrow₦1.84 Trillion In Five Years by tnerro1(m): 11:54am On Sep 10, 2021
blackpanda:
Those foolish chest beaters won't like this. They prefer the false narrative that north depends on south. The truth is 90% of southern states generate nothing!


I just de laff. Keep clapping for d vat judgment. Na una go cry blood grin

But the northern governors are the onces crying about being your brothers keeper, why are they crying?

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