Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,689 members, 7,816,810 topics. Date: Friday, 03 May 2024 at 05:39 PM

Fashola Inherited N100 Billion Debt From Tinubu. - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fashola Inherited N100 Billion Debt From Tinubu. (3917 Views)

Jandor: Sanwo-Olu Grew Lagos Debt From N542b To N797b Without Any Development / 9 Ex-Public Officers Forfeit Over N100 Billion To FG / Tinubu's Alpha Beta Fingered In N100 Billion Fraud (Court Documents) (2) (3) (4)

(1) (2) (3) (4) (5) (6) (Reply) (Go Down)

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:02pm On Sep 09, 2022
Bizibi:
keep quiet!!! Always supporting rubbish.

Says the one who champion a failureeee like Peter Obi who achieved absolute nothing in his state while investing state funds into his family business which he justified. You dey mad?
Re: Fashola Inherited N100 Billion Debt From Tinubu. by Bizibi(m): 3:05pm On Sep 09, 2022
Kagd10:


Says the one who champion a failureeee like Peter Obi who achieved absolute nothing in his state while investing state funds into his family business which he justified. You dey mad?
abeg just keep quiet!!! If not for fashola that came and turn Lagos around some of you apc sycophants will find it difficult to defend your patron. Nonsense things.

1 Like

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:06pm On Sep 09, 2022
Agboriotejoye:

It was Lagos IGR and not Lagos economy. An illiterate like you thinks generating IGR means improving the economy.
It was 1.2bn when he took office and he left it at 6bn. You his urchins then go ahead to attribute the explosion in IGR under fasola and ambode to his "vision".
Keep quiet. You who lives in Odo Otin. How will you know what Lekki, Ajah, Banana Island looked like in 1999. Chevon estate and VGC are in Lekki phase 2 and they were already existing before Tinubu took office.

Lastly, Tinubu ruled you and your papa yet you ended up a nairaland urchin. Fuçk off

It was just 600mil which was recorded.

Lagos' revenue exploded under Tinubu who ensured Lagos thrived despite Obasanjo seizing Lagos allocation which was returned under Fashola.

Fashola had all the investment of Tinubu such as Econet, BRT, LAMATA and several investors on ground while he came in..

Before Tinubu, there was no development of Lekki, Ajah, banana island, Eko Atlantic city etc..

Lastly, Tinubu didn't rule you or your papa. So shut your hole!
Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:09pm On Sep 09, 2022
Bizibi:
abeg just keep quiet!!! If not for fashola that came and turn Lagos around some of you apc sycophants will find it difficult to defend your patron. Nonsense things.

Fashola has his legacies, so does Tinubu.

As a matter of fact, before Tinubu, there was no development of Lekki, Ajah, banana island, Eko Atlantic city etc..


Both Tinubu and Fashola are far better than your failureeee of Peter Obi who achieved absolute nothing in his state while investing state funds into his family business which he justified. Go face your uselesssss leaders in your enclave. Tinubu didn't rule you or your papa
Re: Fashola Inherited N100 Billion Debt From Tinubu. by adetayo234: 3:09pm On Sep 09, 2022
Kagd10:


You didn't read the full. The article said over 100b and not 100b. Also not only 20b was left for the incoming governor. Guardian stated that Tinubu left up to 85b when he left. Not to mention the high revenue growth rate of Lagos at the time Tinubu left.


You just concluded that Tinubu robbed Lagos to the tune of over 100bn Naira.
Re: Fashola Inherited N100 Billion Debt From Tinubu. by adetayo234: 3:09pm On Sep 09, 2022
Kagd10:


Ask yourself if you're mentally ok.

Lagos pays the income of salary earners and pension regularly even at the time Obasanjo withheld Lagos allocation for several years. Go face your Governor if he's not paying your salary and pension. Tinubu didn't rule you or your papa

Yet, Tinubu still stole enough to put the state in debt. Tinubu didn't rule my papa, but he wants to rule my papa by contesting for president.

Nobody would complain about Tinubu if he isn't contesting for president

You are a straight up idiot with dead brain for uttering this.

2 Likes

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Agboriotejoye(m): 3:11pm On Sep 09, 2022
Kagd10:


It was just 600mil which was recorded.

Lagos' revenue exploded under Tinubu who ensured Lagos thrived despite Obasanjo seizing Lagos allocation which was returned under Fashola.

Fashola had all the investment of Tinubu such as Econet, BRT, LAMATA and several investors on ground while he came in..

Before Tinubu, there was no development of Lekki, Ajah, banana island, Eko Atlantic city etc..

Lastly, Tinubu didn't rule you or your papa. So shut your hole!
It was 1.2bn not 600m. Quit the lies spilling out of your orifice

Lagos revenue did not explode under Tinubu. It moved from 1.2bn to 6bn.
The investment in Econet was already sold before fasola resumed. BRT and LAMATA were only existing in a book till fasola gave life to them.
What did you mean by development? What exactly did Tinubu develop in Lekki Ajah Banana Island?
Tinubu ruled you and your papa and you are a nairaland urchin las las

2 Likes

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Nobody: 3:12pm On Sep 09, 2022
Omo see oo
Re: Fashola Inherited N100 Billion Debt From Tinubu. by adetayo234: 3:13pm On Sep 09, 2022
Agboriotejoye:

It was 1.2bn not 600m. Quit the lies spilling out of your orifice

Lagos revenue did not explode under Tinubu. It moved from 1.2bn to 6bn.
The investment in Econet was already sold before fasola resumed. BRT and LAMATA were only existing in a book till fasola gave life to them.
What did you mean by development? What exactly did Tinubu develop in Lekki Ajah Banana Island?
Tinubu ruled you and your papa and you are a nairaland urchin las las

Kagd10, you are even too dumb to get your facts right. Mr Apọ̀dà
Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:13pm On Sep 09, 2022
adetayo234:


You just concluded that Tinubu robbed Lagos to the tune of over 100bn Naira.

He didn't. The article didn't say it was up to 100b to begin with. Lagos' revenue growth rate is higher than their debt..

Tinubu partnered Lagos revenue with several investment such as Eko Atlantic city, Lekki seaport, Lekki trade zone, Lagos metro transport rail etc..

Tinubu also left more than 80b revenue.

Tinubu left huge investment such as Econet, LAMATA, BRT etc.. Obasanjo withheld allocation was returned under Fashola..
Re: Fashola Inherited N100 Billion Debt From Tinubu. by Bizibi(m): 3:14pm On Sep 09, 2022
Kagd10:


Fashola has his legacies, so does Tinubu.

As a matter of fact, before Tinubu, there was no development of Lekki, Ajah, banana island, Eko Atlantic city etc..


Both Tinubu and Fashola are far better than your failureeee of Peter Obi who achieved absolute nothing in his state while investing state funds into his family business which he justified. Go face your uselesssss leaders in your enclave. Tinubu didn't rule you or your papa
abeg abeg don't even talk about tinubu,some of us are not stupid and we lived to see tinubu administration and it was a total mess.

Because you don't have sense you already assume that I am igbo. You see why some of you irritate one on this platform. Stupidity is profitable to some of you.

5 Likes

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Acidosis(m): 3:16pm On Sep 09, 2022
ElSudani:


16 years later Lagos economy is bigger than all the SE states put together, that is what matters. Lagos IGR in 2015 was close to 300 billion naira.

And out of the 300 billion naira IGR, Tinubu's contribution no pass 5%. grin

Are you guys not even surprised that everyone that Tinubu supposedly "made" have been silent about his ambition and campaign? grin If Tinubu was a great man as guys have been made to believe in your dreams, why is Aregbesola, PYO, Fashola, Ambode, and Lai Mohammed not making serious moves for him?? grin

I pity una. Tinubu made men indeed but na despicable beings like Kenyamo and Fani Kayode dey campaign. grin grin

3 Likes

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:16pm On Sep 09, 2022
Bizibi:
abeg abeg don't even talk about tinubu,some of us are not stupid and we lived to see tinubu administration and it was a total mess.

Because you don't have sense you already assume that I am igbo. You see why some of you irritate one on this platform. Stupidity is profitable to some of you.

Tinubu's legacies litter everywhere in Lagos. Mention them such as


LAMATA, RRS, gigantic LASU teaching hospital, Millennium schools, Lekki trade zone, BRT, Eko Atlantic city, LASTMA, Lekki-ajah axis development etc.. As well as high revenue growth despite Obasanjo seizing Lagos allocation for several years

That a hatefilled failureeee can't see them is no one's business. Go back to your enclave and go hold your uselesssss leaders accountable. No one care about the hole you crawled from. You dey mad!

1 Like

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Acidosis(m): 3:19pm On Sep 09, 2022
Kagd10:


Tinubu's legacies litter everywhere in Lagos. Mention them such as

despite Obasanjo seizing Lagos allocation for several years

You have been warned severally. Stop posting your scam message on a forum where intelligent people dey naw.

Lagos state's LGAs and State allocations were fully paid during Obasanjo era.

1 Like

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:21pm On Sep 09, 2022
Acidosis:


You have been warned severally. Stop posting your scam message on a forum where intelligent people dey naw.

Lagos state's LGAs and State allocations were fully paid during Obasanjo era.


Local government allocations is 2/3 of every state allocation..

Imagine one rubbish armchair saying gibberish. Go tell your gibberish to Osinbajo who recently talked about it. You dey mad
Re: Fashola Inherited N100 Billion Debt From Tinubu. by Donclaracuzo: 3:24pm On Sep 09, 2022
Why can't you ask him not to rule us or you are packaging a criminal to rule Nigeria. You can also tell him to end up ruling you and your family.

Kagd10:


Everyone have their region.

This was what Azikiwe, Ojukwu and Ironsi embarked on and got what they were looking. Innate criminal tendency!

Tinubu didn't rule you or your papa.

2 Likes

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:24pm On Sep 09, 2022
Agboriotejoye:

It was 1.2bn not 600m. Quit the lies spilling out of your orifice

Lagos revenue did not explode under Tinubu. It moved from 1.2bn to 6bn.
The investment in Econet was already sold before fasola resumed. BRT and LAMATA were only existing in a book till fasola gave life to them.
What did you mean by development? What exactly did Tinubu develop in Lekki Ajah Banana Island?
Tinubu ruled you and your papa and you are a nairaland urchin las las

It was 600m recorded. Sink that into your skull.

Moreover, Tinubu left more than 80b at the time he left.

Tinubu also partnered Lagos revenue with several investment such as Eko Atlantic city, Lekki seaport, Lekki trade zone, Lagos metro transport rail etc..

Tinubu also left more than 80b revenue.

Tinubu left huge investment such as Econet, LAMATA, BRT etc.. Obasanjo's withheld allocation was returned under Fashola..

Meanwhile, Tinubu didn't rule you or your papa. You people dey mad or what?
Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:25pm On Sep 09, 2022
Donclaracuzo:
Why can't you ask him not to rule us or you are packaging a criminal to rule Nigeria. You can also tell him to end up ruling you and your family.


You're the one packaging a criminal to rule Nigeria, not Tinubu who is the architect behind the modern Lagos.
Re: Fashola Inherited N100 Billion Debt From Tinubu. by Bizibi(m): 3:26pm On Sep 09, 2022
Acidosis:


You have been warned severally. Stop posting your scam message on a forum where intelligent people dey naw.

Lagos state's LGAs and State allocations were fully paid during Obasanjo era.
you dey mind that one,he thinks some of us are stupid he can deceive others not us.If not for fashola we wouldn't have known that Lagos revenue is huge. That time we thought there was no money because tinubu government always blame obj for withholding allocation until he was exposed.....

1 Like

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:29pm On Sep 09, 2022
Bizibi:
you dey mind that one,he thinks some of us are stupid he can deceive others not us.If not for fashola we wouldn't have known that Lagos revenue is huge. That time we thought there was no money because tinubu government always blame obj for withholding allocation until he was exposed.....

List Fashola legacies for example!

I bet you don't even know them.

You're the one claiming Tinubu legacies for Fashola. Same Fashola you all called Fashole btw.


No one care about where your hatefilled self crawled out from. Go back to your enclave and go hold your uselesssss leaders accountable
Re: Fashola Inherited N100 Billion Debt From Tinubu. by Acidosis(m): 3:30pm On Sep 09, 2022
Kagd10:



Local government allocations is 2/3 of every state allocation..

Imagine one rubbish armchair saying gibberish. Go tell your gibberish to Osinbajo who recently talked about it. You dey mad

Tinubu urchins should stop lying about allocation every 4 market days for these reasons;

1. Obasanjo withheld allocations of states that created LCDA. These states include, Ebonyi, Katsina, Lagos, Nassarawa, and Niger state.


2. Why are the other concerned Governors not coming to the media every four market days to rant about this?


3. Tinubu became governor in 1999. LGA funds were only withheld shortly in 2004. So for 5 years, he was receiving these LGA allocation without legal interruptions.


4. What is Tinubu's business with local government allocation in the first place? You're only indicting this criminal.

3 Likes

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:32pm On Sep 09, 2022
Acidosis:


Tinubu urchins should stop lying about allocation every 4 market days for these reasons;

1. Obasanjo withheld allocations of states that created LCDA. These states include, Ebonyi, Katsina, Nassaraw, and Niger state.


2. Why are the other concerned Governors not coming to the media every four market days to rant about this?


3. Tinubu became governor in 1999. LGA funds were only withheld in 2004.


4. What is Tinubu's business with local government allocation in the first place? You're only indicting this criminal.

It was only Lagos state who didn't revert their LGA creation like other states hence it continued.

And Yeah, LGA allocation is 2/3 of a state allocation.
Re: Fashola Inherited N100 Billion Debt From Tinubu. by ElSudani: 3:32pm On Sep 09, 2022
Acidosis:


And out of the 300 billion naira IGR, Tinubu's contribution no pass 5%. grin

Are you guys not even surprised that everyone that Tinubu supposedly "made" have been silent about his ambition and campaign? grin If Tinubu was a great man as guys have been made to believe in your dreams, why is Aregbesola, PYO, Fashola, Ambode, and Lai Mohammed not making serious moves for him?? grin

I pity una. Tinubu made men indeed but na despicable beings like Kenyamo and Fani Kayode dey campaign. grin grin

Peter Obi is breaking the INEC rules by campaigning before the official starting date. Wait for the campaign to start and see if the vice president and others will not support him.
Re: Fashola Inherited N100 Billion Debt From Tinubu. by Acidosis(m): 3:34pm On Sep 09, 2022
ElSudani:


Peter Obi is breaking the INEC rules by campaigning before the official starting date. Wait for the campaign to start and see if the vice president and others will not support him.

So what rule is Kenyamo and Fani Kayode breaking?


I get una time today.

2 Likes

Re: Fashola Inherited N100 Billion Debt From Tinubu. by ElSudani: 3:35pm On Sep 09, 2022
Acidosis:


So what rule is Kenyamo and Fani Kayode breaking?


I get una time today.

What campaign rules are they breaking?
Re: Fashola Inherited N100 Billion Debt From Tinubu. by Mrfixitt(m): 3:42pm On Sep 09, 2022
Rozross:
Please don’t start this because you are one of the people I respect on this forum. You can simply campaign for your candidate without having to demonise or tarnish the image of another else I will carry wahala to your domort.
Thrash. Tinubu urchins have been digging out many propagandas about peter Obi so this is not out of order.

1 Like

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Mrfixitt(m): 3:45pm On Sep 09, 2022
Kagd10:


Everyone have their region.

This was what Azikiwe, Ojukwu and Ironsi embarked on and got what they were looking. Innate criminal tendency!

Tinubu didn't rule you or your papa.
He asked a reasonable question but as a zombie you choose to bring his father into the matter instead of providing an answer to his question. Too many idiotic folks in this nation

3 Likes

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Anambra1stSon(m): 3:50pm On Sep 09, 2022
Acidosis:
By Deji Elumoye (17 May, 2007)



https://allafrica.com/stories/200705170274.html


The question is What did Tinubu do with a N100 billion debt in Lagos?

NB: N100 billion in 2007-2010 is equivalent to N1 trillion today.
History of Lagos

1 Like

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Agboriotejoye(m): 3:52pm On Sep 09, 2022
Kagd10:


It was 600m recorded. Sink that into your skull.

Moreover, Tinubu left more than 80b at the time he left.

Tinubu also partnered Lagos revenue with several investment such as Eko Atlantic city, Lekki seaport, Lekki trade zone, Lagos metro transport rail etc..

Tinubu also left more than 80b revenue.

Tinubu left huge investment such as Econet, LAMATA, BRT etc.. Obasanjo's withheld allocation was returned under Fashola..

Meanwhile, Tinubu didn't rule you or your papa. You people dey mad or what?
It was 1.2bn. Urchin like you does not know that most of those lies have been fact checked and debunked just like that claim of Enron and Econet. I see a lot of urchins still singing about Enron not knowing that Enron was a failed project. If it is not, tell us where Enron power station is in Lagos.

80bn ko 1trn ni. He left debts in 100bn of naira when he left office. I thought you guys said saving is bad. Is that not part of why you were insulting Obi.

Lies again. Eko atlantic, Lekki deep seaport, Lekki trade zone are private investments. Lagos does not have a kobo there. If you insist they do, tell us how much. Lagos rail is not yet operational 23 years after Tinubu left office yet you're praising him for an uncompleted project of 23 years. Is your brain not embedded in weed so?

Econet was sold during Tinubu's time in office. Stop telling lies. LAMATA, BRT did not start working until Fashola. How do you call that an investment? A service that was supposed to be working for the people? You're really braindead

Importantly, Tinubu ruled you and your papa and you're now his most visible urchin on nairaland. Congrats

3 Likes

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Agboriotejoye(m): 3:56pm On Sep 09, 2022
Kagd10:


It was only Lagos state who didn't revert their LGA creation like other states hence it continued.

And Yeah, LGA allocation is 2/3 of a state allocation.

Stop coming online to advertise your ignorance. Federal sharing formula is 52% for FG 25% for states and 23% for LGs. Now calculate 25% divided by 36 and 26% divided by 774 and see which will be more. You're simply a bumbling ignoramus

1 Like

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:56pm On Sep 09, 2022
Agboriotejoye:

It was 1.2bn. Urchin like you does not know that most of those lies have been fact checked and debunked just like that claim of Enron and Econet. I see a lot of urchins still singing about Enron not knowing that Enron was a failed project. If it is not, tell us where Enron power station is in Lagos.

80bn ko 1trn ni. He left debts in 100bn of naira when he left office. I thought you guys said saving is bad. Is that not part of why you were insulting Obi.

Lies again. Eko atlantic, Lekki deep seaport, Lekki trade zone are private investments. Lagos does not have a kobo there. If you insist they do, tell us how much. Lagos rail is not yet operational 23 years after Tinubu left office yet you're praising him for an uncompleted project of 23 years. Is your brain not embedded in weed so?

Econet was sold during Tinubu's time in office. Stop telling lies. LAMATA, BRT did not start working until Fashola. How do you call that an investment? A service that was supposed to be working for the people? You're really braindead

Importantly, Tinubu ruled you and your papa and you're now his most visible urchin on nairaland. Congrats

You were the same phool who was contesting against Econet which your stooopid self had first said you were deaf not to hear the telecommunications mentioned by Tinubu in the clip.

See the attached below and cure your madness. That's one of the investment Tinubu left for Fashola

Lekki seaport, lekki trade zone, Eko Atlantic city etc are Lagos government project partnered with investors. Not individual private business. Sink that into your skull.

And it was 600m revenue before Tinubu took over.

Re: Fashola Inherited N100 Billion Debt From Tinubu. by Kagd10: 3:57pm On Sep 09, 2022
Agboriotejoye:


Stop coming online to advertise your ignorance. Federal sharing formula is 52% for FG 25% for states and 23% for LGs. Now calculate 25% divided by 36 and 26% divided by 774 and see which will be more. You're simply a bumbling ignoramus

I said local government allocations revenue is 2/3 of the state, so what's your stooopid self crying about? You dey mad?

(1) (2) (3) (4) (5) (6) (Reply)

Breaking: Tinubu May Not Come Back If CSU Has Released His Documents / Nigerian Student Jailed In Edinburgh For Drug Trafficking / Fasinro To Take Over At Stock Exchange !

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 69
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.