₦airaland Forum

[quote author=AnonPoet post=115195741]
https://www.youtube.com/watch?v=LnmWg5wZp20

Asiwaju spoke extensively on widening the tax net to include people like himself instead of increasing VAT and ensuring that credit facilities become a thing in Nigeria if we are to truly nip corruption in the bud. He had earlier maintained this same stance in his 9th colloquium https:///JZjWRGpTN1

Asiwaju spoke extensively on widening the tax net to include people like himself instead of increasing VAT and ensuring that credit facilities become a thing in Nigeria if we are to truly nip corruption in the bud. He had earlier maintained this same stance in his 9th colloquium pic.twitter.com/JZjWRGpTN1

— Wale Adedayo 🌍🔰 (@Mario9jaa) June 18, 2022

solution is too flawed.....you can't fight or eliminate corruption. But you can reduce it to its minimum. How you say?. Buy creating a system that works. And a structure to support it and a strategy to implement it.

Even the mighty USA is also corrupt. But does it affect the health and wealth of their economy?. The answer is NO!.....therefore we must create systems that will help the country grow. Even in the bible. It says - "MY people perish because they lack knowledge". So you see why Nigeria is perishing.....because we lack the Knowledge we need to move this country forward.
A simple solution to a complex problem.
#GetYourPvc.
I have OBIDIENTLY gotten my own. Have you been OBIDIENT in getting yours?

rusher14:
Did Tinubu say it is the only way?

From the same speech, he asked that VAT shouldn't be increased.

That is another way of ensuring prices do not soar.

No one can deny that if there was an economically vialble state in Nigeria, it would be Lagos.

So in terms of performance, suggestions, ideas, short to mid to long term planning, Tinubu has proven it.

Are you aware that Lagos has not lived to the bidding of a viable state. Of all states in Nigeria, Lagos is the most indebted state and monthly they generated up to 50B naira. Join that to monthly federal allocation. By now, if truly Lagos had been making judicious use of the monies, the state should have turned to Dubai.
If the monies that had accrued to Lagos since 1999 had found its way into the hands of leaders that had turned the fortune of Dubai around, Lagos would have turned to another heaven on earth.
Every viable economy in the world doesn't joke with tax drive. Parking your car in a public slot, you will be bill for it. The house you built for years, you will yearly or monthly pay tax on it. So tax drive is one of the ways that developed countries survive.
The problem with Nigeria which Lagos also belong is waste. So many conduit pipe and we are not ready to learn and turn a new leave. Until we redefine our governance and stop unnecessary wastage, before the nation can be redefine. If you like give loan of millions to people, failure will surely follow because no enabling environment. The good you bought today by tomorrow the price has changed and your salary is fixed. How would people cope and how would business survive?
So in a nutshell, enabling environment and equal or redistribution of wealth can only bring survival and lessen corruption.
Tinubu is just saying nonsense. People that are thinking for him are no more with him the way they were between 1999-2005. Those crop of people are the one doing the job but him taking the glory because he was the governor then. Without those people, he has been saying nonsense and giving incoherent submission.

This is where you know Tinubu is intelligent. No be by mouth. That man is a genius.

lexy2014:
How does availability of credit facilities nip corruption in the bud?

What is the cause of corruption in Nigeria?

This man is actually spitting a lotta sense here. And back to your question, Poverty is one of the major causes of corruption in any and every human society. A society where money is not distributed evenly, people will steal at the slightest chance because if they don’t, they might not get the chance ever again in their lifetime. The American economy thrives on a good credit system. To borrow money from Nigerian banks as an ordinary citizen na wahala. Zero credit card systems. They only give out credits to people who are already made, people like Aliko Dangote. What’s so hard in opening up credit facilities to people like the students and peasant and commercial farmers especially?
In the USA, Canada and Australia for instance (I don’t know much about the Europeans), college students can apply for student loans to help them scale through schools while the entire populace is given access to medical loan as well and what that means is that in an event of medical emergency, the state could help with 50% or 100% of your bills and you pay back later in bits from your monthly or bi-weekly pay. Let’s stop criticizing everything these ppl say. I see a brilliant mind speaking here and I don’t know why you’re not seeing it.

IfnobeGod20:
Are you aware that Lagos has not lived to the bidding of a viable state. Of all states in Nigeria, Lagos is the most indebted state and monthly they generated up to 50B naira. Join that to monthly federal allocation. By now, if truly Lagos had been making judicious use of the monies, the state should have turned to Dubai.
If the monies that had accrued to Lagos since 1999 had found its way into the hands of leaders that had turned the fortune of Dubai around, Lagos would have turned to another heaven on earth.
Every viable economy in the world doesn't joke with tax drive. Parking your car in a public slot, you will be bill for it. The house you built for years, you will yearly or monthly pay tax on it. So tax drive is one of the ways that developed countries survive.
The problem with Nigeria which Lagos also belong is waste. So many conduit pipe and we are not ready to learn and turn a new leave. Until we redefine our governance and stop unnecessary wastage, before the nation can be redefine. If you like give loan of millions to people, failure will surely follow because no enabling environment. The good you bought today by tomorrow the price has changed and your salary is fixed. How would people cope and how would business survive?
So in a nutshell, enabling environment and equal or redistributionof wealth can only bring survival and lessen corruption.
Tinubu is just saying nonsense. People that are thinking for him are no more with him the way they were between 1999-2005. Those crop of people are the one doing the job but him taking the glory because he was the governor then. Without those people, he has been saying nonsense and giving incoherent submission.

Lol. That’s not how it works bro.
Do you know that the USA is the most indebted country in the whole world ? Yet it also doubles as the world’s largest and strongest economy
Being indebted at times could be a sign of prosperity, it could be a sign of being rich and affluent. The reason for this is that people won’t borrow you money if you’re a destitute. If you see someone owing, for example, 500k dollars on his credit card, then know you’re dealing with a rich man or a once affluent personality as no financial organization would ever risk trusting an ordinary person with a $500k credit line. Only economists would understand this. Do you know you could be richer than Dangote? I know you’re eager to ask me how; Dangote and most rich men you see around have loans running into billions of naira hanging around their necks but here you are, all your money is yours because you’re owing no banks, no one. You’re free. That’s why you hardly see a rich businessman doing giveaways anyhow.

Ijaya123:
When a man has financial obligations to meet, he has three options, beg, borrow or steal.

How does availability of credit facilities nip corruption in the bud?

What is the cause of corruption in Nigeria?

What made the accountant general of the federation to steal 80billion naira?

Aufbauh:
This man really sabi economics.
If not for his age/health concern to me, non of the presidential aspirants is close to him in capacity and deliverables.

No one thought of this as deterrent to corruption even in the past. This is a classical case of thinking outside the box by BAT.

Is it lack of corruption that makes people steal 105 billion naira or the fact that it is easy to do so and get away with it if you belong to the right party


Was he not the one that sponsored Oshiomole to the top of apc and the man said that a man with corruption case had been forgiven having joined the ruling party

Morphinne:
This man is actually spitting a lotta sense here. And back to your question, Poverty is one of the major causes of corruption in any and every human society. A society where money is not distributed evenly, people will steal at the slightest chance because if they don’t, they might not get the chance ever again in their lifetime. The American economy thrives on a good credit system. To borrow money from Nigerian banks as an ordinary citizen na wahala. Zero credit card systems. They only give out credits to people who are already made, people like Aliko Dangote. What’s so hard in opening up credit facilities to people like the students and peasant and commercial farmers especially?
In the USA, Canada and Australia for instance (I don’t know much about the Europeans), college students can apply for student loans to help them scale through schools while the entire populace is giving access to medical loan as well and what that means is that in an event of medical emergency, the state could help with 50% or 100% of your bills and you pay back later in bits from your monthly pay. Let’s stop criticizing everything these ppl say. I see a brilliant mind speaking here and I don’t know why you’re not seeing it.

Is it poverty or lack of loan that made the accountant general of the federation to steal 80billion naira?

Is it poverty or lack of loan that makes our politicians to steal on a continuous basis?

How did Tinubus daughters acquire two New York apartments costing at least $1million each?

lexy2014:
How does availability of credit facilities nip corruption in the bud?

What is the cause of corruption in Nigeria?

If the police man has access to credit facility that enables him pay for stuff based on his profile, he will be willing to tow the legal path than use corrupt means to get money.

However, providing credit will require a lot of systems and structures to be working adequately first.

Credit scheme and the likes can only be built on systems that work not just wishing it to happen. Like most Nigerian politicians they know the problem but don't know how to solve it

Aufbauh:
This man really sabi economics.
If not for his age/health concern to me, non of the presidential aspirants is close to him in capacity and deliverables.

No one thought of this as deterrent to corruption even in the past. This is a classical case of thinking outside the box by BAT.

People like you are easily deceived. How are you going to give the Nigerian population a credit facility without a proper database of Nigerian citizens

Anyone can get a Nigerian ID in Nigeria, anyone can claim to be from anywhere to get a BVN. That’s why loan shacks charge those exorbitant fees because whatever they can get is what they profit. There’s no Law that guides such shacks and banks that are supposed to provide such credit facilities are not as funded as you think.

Why has the government not provided a transparent policy on such via the banks that they control Because it is highly impossible with the Nigerian society without a clear understanding of who is who.

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DeleTaller:
If you know that you can get capital to start a business, car and house mougage via a friendly loan facilities and pay back with a friendly interest that covers with long rage to sustain your business in the market place....Then why would you think of stealing or take a bribe?

Is it lack of loan that made farouk Lawan to collect $500,000 bribe from Femi otedola that landed him in trouble?

unmask:
If the police man has access to credit facility that enables him pay for stuff based on his profile, he will be willing to tow the legal path than use corrupt means to get money.

However, providing credit will require a lot of systems and structures to be working adequately first.

Credit scheme and the likes can only be built on systems that work not just wishing it to happen. Like most Nigerian politicians they know the problem but don't know how to solve it

How much are the police paid to take on a credit facility?

unmask:
If the police man has access to credit facility that enables him pay for stuff based on his profile, he will be willing to tow the legal path than use corrupt means to get money.

However, providing credit will require a lot of systems and structures to be working adequately first.

Credit scheme and the likes can only be built on systems that work not just wishing it to happen. Like most Nigerian politicians they know the problem but don't know how to solve it

Is it lack of loan that made farouk Lawan to collect $500,000 bribe from Femi otedola that landed him in trouble?

Is it lack of loan that made the accountant general of the federation to steal 80billion naira?

Aufbauh:
This man really sabi economics.
If not for his age/health concern to me, non of the presidential aspirants is close to him in capacity and deliverables.

No one thought of this as deterrent to corruption even in the past. This is a classical case of thinking outside the box by BAT.

As a major stakeholder in the APC lead regime and one who was a front runner to the packaging, rebranding & selling of a bad product to Nigerians, how do you think any logical Nigerians should take his word to the bank?
2. How come this idea wasn't suggested to the incumbent who he has unlimited access to? Of course he can't force the GCFR, so he had to play to the gallery because of his ambition over the citizen's safety and welfare. This is even when one decides to ignore physical alertness which is equally very important to effective functioning as a human.

djseanjohn77:
When you have never experienced or enjoyed one.....Since I left Naija, I have access to credit facilities, i could get the latest brand new car within my means, I could buy any gadget I so desire....and does not have to have sleepless nights because of any debt. But your myopic brain and blind support for Obituary will not make you reason well.

Many are debtors today because they hustle and get loan to finance school fees, feeding, parties, businesses with higher risk etc

You're talking because you have a job in whatever country you reside in.
Credit facilities does not reduce corruption bro. Are there no credit facilities available in Nigeria? Why is Nigeria still corrupt?

Nigeria needs a President that will first create a favourable environment and opportunities for job creation. Nigerians don't need to live on credit facilities and loans like you're currently living on in another man's land. You'll keep working like a slave for your creditors. That's why we deserve another President who is business oriented not civil servant minded.

hahahahha... Peter Obi dey make me laugh

Image123:
Peter Obi has vividly stated that he's not going to punish past corrupt politicians. What saith thou?

lexy2014:
Is it poverty or lack of loan that made the accountant general of the federation to steal 80billion naira?

Is it poverty or lack of loan that makes our politicians to steal on a continuous basis?

How did Tinubus daughters acquire two New York apartments costing at least $1million each?

Bros, thanks for replying but always try to read to understand and not just to reply. From my submission, I said, Poverty was one of the major causes and not the ONLY CAUSE (emphasis was on “one” of the many causes)
Now let’s go back to elementary English. When someone says something is one of many other things, it means that it is not the only thing but just a fragment. So definitely, greed and heartlessness could also be a factor. Mind you, I was very careful with my use of words so that ppl like you don’t use it against me
And back to the issue of credit, do you know that the rate of crime is always directly proportional to poverty level?
The richer the country (I mean per head ratio) , the lesser the rate of financial crimes. In South Korea and Saudi Arabia for instance, you could park your bike outside a store, a park or anywhere without fears of someone stealing it. This is made possible through economic emancipation of these people. They have access to excellent credit system, also the minimum wage in SK is about 1.9 million Won I.e the dirtiest looking worker in South Korea earns 600k naira per month. Now tell, why will such a person want to steal when he’s living comfortably (make we comot greed)

Humm when amirobber is accusing the home owner as theives

IT IS A PART AND NOT THE MAJOR.
THE TENDENCIES TO BE DICTATORIAL IN PRESIDENCY AND REFUSAL TO RESTORE FULL AUTONOMY OF POLICING RESOURCING AND ELECTIONEERING STATUSES TO OUR 36 CONSTITUTIONAL STATES IS THE MAIN MAJOR CAUSE OF NIGERIA PROBLEM.

lexy2014:
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Is it lack of loan that made farouk Lawan to collect $500,000 bribe from Femi otedola that landed him in trouble?

Is it lack of loan that made Obi got himself involved a 250million found in his car?

Even in America that have access to loan still do shady things but that does not mean its not a good idea for a good system. Let the government put the necessary facilities in place for her citizens to benefit and access then whoever that is found guilty would be punished. People make excuse and blame government because Nigeria government has been failing us since 1960. Let the government do what is right and fraud will go down automatically. I don't know how to explain to you but any child you feed properly has no cause to steal from the pot, if such child found in such mess then there is need for punishment, but first of all you must be responsible to feed your child first.

Na you sabi

lexy2014:
1. What is the cause of corruption in Nigeria?

2. Is it lack of loan to start business, build house and buy car that made the accountant general of the federation to steal 80billion naira?

Poverty is the major root of corruption.. but there lots of people who are corrupt and those people are not in anywhere close to suffering. You can name anyone as you have done.

But what is the major things a man needs to shun corruption? Decent job and access to government facilities such as loan to make life more comfortable and has no cause to steal at work place in other to be like his rich friend.. That is how it happens in those countries we run to. imagine someone earning 18dollars per hour and has to work just 8hourse a day for 6days and the person would be driving expensive car and live in a own house and still be responsible for bills and tax on everything... You must know that access to loan makes it easy for that person to live fine and deduction of loan would still be paid for a lengthy period of time.

Engeniu:
He never mentioned loan per se, simply credit facilities like mortgage to buy house and pay little-by-little banking on your employment and ofcourse, the collateral is the house.

Surely, credit facility and taxing big purchases (widening tax net to include rich politicians like himself) alone cannot reduce corrupt, there'll be other means employed but it is one step towards it.

Who knows, should this idea of his be implemented, later on, you could also come up with solutions that will continuously reduce and hopefully eradicate the problem of corruption.

I think why Nigeria still swimming in the hydra headed menace of corruption is because many of you doesn't know the causes of corruption. Many corruption act is not because of absence of credit facility or high tax deduction. Many high profile corruption have everything within their reach. They live in a free well furnished apartments, ride cars maintained by government, their feeding and health maintenance done by government and many other things freely given to them but they still find ways of inflating contracts, doctor prices of goods and services to be render.
Let me say this, every developed countries don't joke with their tax drive. It's only lazy countries that see taxation as anti people. In a system where there is a good and enabling environment, where the economy is viable, people don't feel the pain of been taxed because another window will be opened to get it back.
I think the primary ways to curb corruption are:
1. Patriotism is needed. Many Nigerians are not patriotic at all. When you don't love your country, nobody will help you to love it. If you gather 10 Nigerians hardly will you see 2 that will tell you I love Nigeria or I love my country but gather 10 Americans or Ghanians in one place and ask them the same question, their response will be the same, 'I love America' or 'I love Ghana'.
Meanwhile, when you are patriotic, when you don't even have, you will be contented because of the love you have for your country and the system.
2. Create mechanism for check and balance. Every section of the system in Nigeria lack this system. Nobody do follow up, they just give people assignment. This has made people to be lord wherever they place them.
3. Create enabling environment to strengthen economy. In a system where your take home cannot take you home, there bound to be sharp practices. Hence, there should be redistribution of wealth.
When the economy is viable, giving credit facility will be useful and payable in the long run. Giving credit facility in shamble economy is preserving the doom day. That's why the npower could not tell much on the economy.

emmyfizzy12:
It obvious that most of are quick to say rubbish or react than think… why do you think a civil servant will want to steal or allow steal if he can access credit to get his basic needs. He gave an instant. You want to buy a car of 8million you know you can’t afford it at once but you need it. If you can access credit to own the car, Problem solved but if not you may want to look of other means to get the car. How else if not with corruption or corrupt practices. You are unemployed and you have a business idea but no credit facilities to start the business, pls won’t you look for other means to survive? Pay tax on properties is another angle. Why build houses everywhere, buy cars parked in garage when you don’t even need them? When people start paying taxes for some of this things they will understand you only buy what you need. He give this solution because by the time you increase taxes you give people the will to want to default which is corrupt. So reduce taxes and widen the the tax net. Simple economic.

I'm impressed ���

donbrowser:
Did you watch the video?

Tinubu is a demented old criminal. He has failed and has been rejected by sane Nigerians. Only idiots still support him.

[quote author=AnonPoet post=115195741]
https://www.youtube.com/watch?v=LnmWg5wZp20

Asiwaju spoke extensively on widening the tax net to include people like himself instead of increasing VAT and ensuring that credit facilities become a thing in Nigeria if we are to truly nip corruption in the bud. He had earlier maintained this same stance in his 9th colloquium https:///JZjWRGpTN1

Asiwaju spoke extensively on widening the tax net to include people like himself instead of increasing VAT and ensuring that credit facilities become a thing in Nigeria if we are to truly nip corruption in the bud. He had earlier maintained this same stance in his 9th colloquium pic.twitter.com/JZjWRGpTN1

— Wale Adedayo 🌍🔰 (@Mario9jaa) June 18, 2022

a little sense for the first time. They finally ordered some steroid, the Buhari type.

The efforts to sound virile and debunk previous beefs is laughable.

Last last he lost it.

Morphinne:
Lol. That’s not how it works bro.
Do you know that the USA is the most indebted country in the whole world ? Yet it also doubles as the world’s largest and strongest economy
Being indebted at times could be a sign of prosperity, it could be a sign of being rich and affluent. The reason for this is that people won’t borrow you money if you’re a destitute. If you see someone owing, for example, 500k dollars on his credit card, then know you’re dealing with a rich man or a once affluent personality as no financial organization would ever risk trusting an ordinary person with a $500k credit line. Only economists would understand this. Do you know you could be richer than Dangote? I know you’re eager to ask me how; Dangote and most rich men you see around have loans running into billions of naira hanging around their necks but here you are, all your money is yours because you’re owing no banks, no one. You’re free. That’s why you hardly see a rich businessman doing giveaways anyhow.

Yes, USA is one of the most indebted countries in the world but you cannot tell me that the impact of their indebtedness are not felt by the citizenry. At least every aspect of life there know why their government borrow. Please can that be said of Lagos of today. It is one thing to borrow and it is another thing to borrow reasonably with visible development to show for it.
With all the borrowings, IGR and the monthly allocation for over 20 years where lies Lagos state?

IfnobeGod20:
Are you aware that Lagos has not lived to the bidding of a viable state. Of all states in Nigeria, Lagos is the most indebted state and monthly they generated up to 50B naira. Join that to monthly federal allocation. By now, if truly Lagos had been making judicious use of the monies, the state should have turned to Dubai.
If the monies that had accrued to Lagos since 1999 had found its way into the hands of leaders that had turned the fortune of Dubai around, Lagos would have turned to another heaven on earth.
Every viable economy in the world doesn't joke with tax drive. Parking your car in a public slot, you will be bill for it. The house you built for years, you will yearly or monthly pay tax on it. So tax drive is one of the ways that developed countries survive.
The problem with Nigeria which Lagos also belong is waste. So many conduit pipe and we are not ready to learn and turn a new leave. Until we redefine our governance and stop unnecessary wastage, before the nation can be redefine. If you like give loan of millions to people, failure will surely follow because no enabling environment. The good you bought today by tomorrow the price has changed and your salary is fixed. How would people cope and how would business survive?
So in a nutshell, enabling environment and equal or redistribution of wealth can only bring survival and lessen corruption.
Tinubu is just saying nonsense. People that are thinking for him are no more with him the way they were between 1999-2005. Those crop of people are the one doing the job but him taking the glory because he was the governor then. Without those people, he has been saying nonsense and giving incoherent submission.

Will you keep quiet?

Did you even know what Lagos did before they started to generate such revenue as well as supervising several gigantic projects?

Why don't your useless leaders in the south east do the same? You dey mad?

This man is not alright sha.
How does low access to credit facilities affect the corruption index MAJORLY?

See who you people want to vote as president. Smh

Tejuri:
Look at all the insults this man is getting for making an intelligent point. SMH. This goes to prove lots of people are not very objective and do not even deserve good leaders. Even if you hate the man, you can’t appreciate when he says something sensible too? What a pity.

I tell you bro.. such a pity our young folks always hateful.

Abroad citizens enjoy credit facilities for almost everything.. even to buying a phone! Good Credit facilities will indeed curb corruption and stimulate the economy.

Oyinbo people hardly ever carry lump sum to buy things outrightly! its we Africans that usually do this abroad.

IfnobeGod20:
I think why Nigeria still swimming in the hydra headed menace of corruption is because many of you doesn't know the causes of corruption. Many corruption act is not because of absence of credit facility or high tax deduction. Many high profile corruption have everything within their reach. They live in a free well furnished apartments, ride cars maintained by government, their feeding and health maintenance done by government and many other things freely given to them but they still find ways of inflating contracts, doctor prices of goods and services to be render.
Let me say this, every developed countries don't joke with their tax drive. It's only lazy countries that see taxation as anti people. In a system where there is a good and enabling environment, where the economy is viable, people don't feel the pain of been taxed because another window will be opened to get it back.
I think the primary ways to curb corruption are:
1. Patriotism is needed. Many Nigerians are not patriotic at all. When you don't love your country, nobody will help you to love it. If you gather 10 Nigerians hardly will you see 2 that will tell you I love Nigeria or I love my country but gather 10 Americans or Ghanians in one place and ask them the same question, their response will be the same, 'I love America' or 'I love Ghana'.
Meanwhile, when you are patriotic, when you don't even have, you will be contented because of the love you have for your country and the system.
2. Create mechanism for check and balance. Every section of the system in Nigeria lack this system. Nobody do follow up, they just give people assignment. This has made people to be lord wherever they place them.
3. Create enabling environment to strengthen economy. In a system where your take home cannot take you home, there bound to be sharp practices. Hence, there should be redistribution of wealth.
When the economy is viable, giving credit facility will be useful and payable in the long run. Giving credit facility in shamble economy is preserving the doom day. That's why the npower could not tell much on the economy.

You're absolutely correct about everything: patriotism, no checks and balances and "your take home can't take you home" absent in the Nigerian context and should we have it, corruption will be almost non-existent, but unfortunately we don't.

Most Nigerians don't exactly love Nigeria, they only love their ethnic group so whenever a Fulani man gets to the federal office, his goal is to steal as much Southern taxes and oil money, same for the Yoruba, Hausa, Igbo. This lack of love for Nigeria is actually deep into almost every Nigerian's subconscious and we can't change it in 8 years. So, let's zero that out for now.

Checks and balances involves getting everyone involved, politicians, public servants, etc so that they won't sabotage the checks. See how EFCC has turned into a joke. Truth is none of the people in power will actually want to sabotage their source of unchallenged income. To get EFCC, the Judiciary, .. working will take more than a non-corrupt President surrounded by corrupt military, EFCC, NERC...

I believe creating an enabling environment for economic growth is one of the key agendas of each presidential candidate. How they'll achieve it is another story.

What Tinubu then proposed, in my opinion, after looking at possible ways of solving the corruption problem, he saw that removing the motivations behind low-level corruption is most sustainable.

Certainly, not everyone will have access to credit facility, just as we have banks currently giving NYSC corpers, govt workers and MNC employees access to loans without collateral, against their expected salary. He hopes that the civil servant perpetuating corrupt practices will not have any motivation for it anymore. Possibly, later, based on economic situation it could be extended to SMEs (but right now we know SMEs don't steal govt money )

I've worked in the civil service and a multinational NGO and I can tell you categorically that the money stolen in those institutions are usually used in building houses, plazas, buying relatively meaningless stuff....

Now you may wonder why tackle civil servants when the politicians are the bigger thief. But no, the civil servants are extremely important in the public money laundering process, they have the highest number and eat the crumbs unfortunately.....


When the civil servants have their own beautiful Lekki house without having to steal big money at a time, but 16% or so deducted from their salary every month, the motivation to steal or corroborate in the process will reduce to a large extent.

Whoever becomes the President, by creating enabling environment for businesses like you said and implementing that credit facility stuff, we'll have a sustainable fighting chance against corruption.

PS: even the money to create enabling environment (build railways, fight bandits, fund schools, etc) are stolen by those civil servants. So you see, without tackling the civil servant corrupt tendencies, we'll forever keep running in circles.

IfnobeGod20:
Are you aware that Lagos has not lived to the bidding of a viable state. Of all states in Nigeria, Lagos is the most indebted state and monthly they generated up to 50B naira. Join that to monthly federal allocation. By now, if truly Lagos had been making judicious use of the monies, the state should have turned to Dubai.
If the monies that had accrued to Lagos since 1999 had found its way into the hands of leaders that had turned the fortune of Dubai around, Lagos would have turned to another heaven on earth.
Every viable economy in the world doesn't joke with tax drive. Parking your car in a public slot, you will be bill for it. The house you built for years, you will yearly or monthly pay tax on it. So tax drive is one of the ways that developed countries survive.
The problem with Nigeria which Lagos also belong is waste. So many conduit pipe and we are not ready to learn and turn a new leave. Until we redefine our governance and stop unnecessary wastage, before the nation can be redefine. If you like give loan of millions to people, failure will surely follow because no enabling environment. The good you bought today by tomorrow the price has changed and your salary is fixed. How would people cope and how would business survive?
So in a nutshell, enabling environment and equal or redistribution of wealth can only bring survival and lessen corruption.
Tinubu is just saying nonsense. People that are thinking for him are no more with him the way they were between 1999-2005. Those crop of people are the one doing the job but him taking the glory because he was the governor then. Without those people, he has been saying nonsense and giving incoherent submission.

Debt isn't the measure of an economy, else America would be nothing.

In addition, you are just going round in cricles to find something with what he said and Tinubu in general.

Lagos is thriving. You can have an idyllic projection of what Lagos should look like but Lagos is thriving.

Go to Warri and even Port Harcourt to see what a dormant economy is.

People aren't migrating to those places.
In the 90s all engineers wanted to live and work in Warri and PH but no more.

People go to Lagos with nary a farthen but in 5 -10 years, they go home to build a mansion.

Also, claiming all the intelligent people have left Tinubu is the most jejune of statements.

People come and go.

After Newton, there have been scientists.

Did you know of Ambode before he was made governor?

What of Sanwo-Olu?

What of Osinbajo?

After Maradona, there's Messi.