₦airaland Forum

plaindealer:
Typical meaningless and rubbish nonsense.

Do you even know the meaning of the irrelevant nonsense you posted?

Bestmanfornow:
How about top three most indebted states How I wish you guys celebrate infastructures in top three states in your region than celebrating taxes that your leaders embezzling, only in Nigeria Southwest people are celebrating IGR, while their states are nothing to write home about, kindly update us most indebted region in Nigeria

Kapeter:
Ohun state might not have good roads but businesses thrives there and it isn’t the state fault that every business wants to site their factory in the state. Your home state wey get good road why are they not running there to sit their factories and businesses there though. Envy and hatred go kill una. Hehehe

Basic123:
There own road is even worse than Ogun own....the only difference is that ogun people escalate theirs so everybody is aware why they,they are living fool paradise of utopia

IamAtikulate:
IGR = Taxes

Anambra is a tax haven, in case you don't.

Again, SE leaders are more economically sound than their SW counterpart.

For instance, Alex Otti recently said that "Taxes are government share of the prosperity it creates."

Do you really understand what that means?

Have you wondered why SE Governors, especially Abia and Anambra keep lowering taxes?

You won't understand because you guys suck at economics.

Keep celebrating IGR which is not an economic indicator while your debts keep mounting.

You claim to generate the highest IGR in the country yet SW has the highest debt ratio.

It doesn't make sense.

If Anambra State government is tax-obsessed like Ogun and SW Governors, only Onitsha Main Market will generate the whole if whatever IGR Ogun gets.

You are making noise because of 120 billion.

FYI, 12 million daily transaction happens at Onitsha Main Market. The market annual transactions sits at around $3 billion, with 40% of this circulating as unbanked transaction.

You can verify these claims with a simple Google search.

If Anambra government taxes just 1% of these transaction, it'll generate $30 million annually, which is approximately 21 billion naira.

If government taxes 5%, it'll generate 105 billion from the market alone.

But Anambra has 48 markets.

So, trade and commerce in Anambra can generate more than Ogun IGR.

If you are underrating trade, then look at the evidence below.

Trade is the third largest component of Nigerian GDP, far ahead of manufacturing

IamAtikulate:
Yorubas suck at economics, that's why you are celebrating IGR as development.

😂😂😂

Now ask yourself, despite our huge IGR, why is SW the most indebted?

Most of these are foreign debts.

Capital flight.....


😂😂😂

Goodvibes007:
Ibos love to dip their heads in the sand like that will make their problem go away 😂

Bestmanfornow:
Those you claimed that generate low IGR are executing more projects still maintain low debt, Anambra built Airport without borrowing, Ogun and Ekiti borrowed billions to build still borrowing So what's the essence, during recession Ogun, Oyo and other states in your region except Lagos were bankrupt and we're bailed out by FG, while Anambra with low IGR wasn't bankrupt

plaindealer:
Ogun state alone generated more IGR than the top 3 states in the SE combined.

WOW!!!!

Goodvibes007:
Just go to any bus park in Lagos Ogun or Oyo and see the thousands of immigrants from the SE especially arriving in their thousands on a daily basis.

The IGR is one of the major reasons why they are fleeing their own region. You follow where the money is.

plaindealer:
Always demanding accountability from other people and never from your own poor and unproductive states where your leaders collect taxes and allocations and still have nothing to show.

You cannot survive or make it in life without leaving your poor and unproductive regions to look for food and survival in the places you always demand accountability from instead of your own states that you ran away from.

Ask your village leaders what they are doing with your taxes and allocations, the SW is not your governor and the SW is not collecting your taxes and allocations.

yommen:
Anambra is a tax haven yet Kwara's IGR is more than that of Anambra! Lagos IGR is 20 times. Ogun IGR is 4 times more. Oyo's IGR is two times more.

Isn't it obvious all is just an empty boast from a self-acclaimed champion without a trophy?

You see say na 'A' but still to chose call it 'O' because you want it to be 'O' . Na wa o!

IamAtikulate:
IGR = Taxes

Anambra is a tax haven, in case you don't.

Again, SE leaders are more economically sound than their SW counterpart.

For instance, Alex Otti recently said that "Taxes are government share of the prosperity it creates."

Do you really understand what that means?

Have you wondered why SE Governors, especially Abia and Anambra keep lowering taxes?

You won't understand because you guys suck at economics.

Keep celebrating IGR which is not an economic indicator while your debts keep mounting.

You claim to generate the highest IGR in the country yet SW has the highest debt ratio.

It doesn't make sense.

If Anambra State government is tax-obsessed like Ogun and SW Governors, only Onitsha Main Market will generate the whole if whatever IGR Ogun gets.

You are making noise because of 120 billion.

FYI, 12 million daily transaction happens at Onitsha Main Market. The market annual transactions sits at around $3 billion, with 40% of this circulating as unbanked transaction.

You can verify these claims with a simple Google search.

If Anambra government taxes just 1% of these transaction, it'll generate $30 million annually, which is approximately 21 billion naira.

If government taxes 5%, it'll generate 105 billion from the market alone.

But Anambra has 48 markets.

So, trade and commerce in Anambra can generate more than Ogun IGR.

If you are underrating trade, then look at the evidence below.

Trade is the third largest component of Nigerian GDP, far ahead of manufacturing

IamAtikulate:
IGR = Taxes

Anambra is a tax haven, in case you don't.

Again, SE leaders are more economically sound than their SW counterpart.

For instance, Alex Otti recently said that "Taxes are government share of the prosperity it creates."

Do you really understand what that means?

Have you wondered why SE Governors, especially Abia and Anambra keep lowering taxes?

You won't understand because you guys suck at economics.

Keep celebrating IGR which is not an economic indicator while your debts keep mounting.

You claim to generate the highest IGR in the country yet SW has the highest debt ratio.

It doesn't make sense.

If Anambra State government is tax-obsessed like Ogun and SW Governors, only Onitsha Main Market will generate the whole if whatever IGR Ogun gets.

You are making noise because of 120 billion.

FYI, 12 million daily transaction happens at Onitsha Main Market. The market annual transactions sits at around $3 billion, with 40% of this circulating as unbanked transaction.

You can verify these claims with a simple Google search.

If Anambra government taxes just 1% of these transaction, it'll generate $30 million annually, which is approximately 21 billion naira.

If government taxes 5%, it'll generate 105 billion from the market alone.

But Anambra has 48 markets.

So, trade and commerce in Anambra can generate more than Ogun IGR.

If you are underrating trade, then look at the evidence below.

Trade is the third largest component of Nigerian GDP, far ahead of manufacturing

IamAtikulate:
This shows you don't even understand what a tax haven is. Illiterate

😂😂😂

IamAtikulate:
IGR = Taxes

Anambra is a tax haven, in case you don't.

Again, SE leaders are more economically sound than their SW counterpart.

For instance, Alex Otti recently said that "Taxes are government share of the prosperity it creates."

Do you really understand what that means?

Have you wondered why SE Governors, especially Abia and Anambra keep lowering taxes?

You won't understand because you guys suck at economics.

Keep celebrating IGR which is not an economic indicator while your debts keep mounting.

You claim to generate the highest IGR in the country yet SW has the highest debt ratio.

It doesn't make sense.

If Anambra State government is tax-obsessed like Ogun and SW Governors, only Onitsha Main Market will generate the whole if whatever IGR Ogun gets.

You are making noise because of 120 billion.

FYI, 12 million daily transaction happens at Onitsha Main Market. The market annual transactions sits at around $3 billion, with 40% of this circulating as unbanked transaction.

You can verify these claims with a simple Google search.

If Anambra government taxes just 1% of these transaction, it'll generate $30 million annually, which is approximately 21 billion naira.

If government taxes 5%, it'll generate 105 billion from the market alone.

But Anambra has 48 markets.

So, trade and commerce in Anambra can generate more than Ogun IGR.

If you are underrating trade, then look at the evidence below.

Trade is the third largest component of Nigerian GDP, far ahead of manufacturing

IamAtikulate:
IGR = Taxes

Anambra is a tax haven, in case you don't.

Again, SE leaders are more economically sound than their SW counterpart.

For instance, Alex Otti recently said that "Taxes are government share of the prosperity it creates."

Do you really understand what that means?

Have you wondered why SE Governors, especially Abia and Anambra keep lowering taxes?

You won't understand because you guys suck at economics.

Keep celebrating IGR which is not an economic indicator while your debts keep mounting.

You claim to generate the highest IGR in the country yet SW has the highest debt ratio.

It doesn't make sense.

If Anambra State government is tax-obsessed like Ogun and SW Governors, only Onitsha Main Market will generate the whole if whatever IGR Ogun gets.

You are making noise because of 120 billion.

FYI, 12 million daily transaction happens at Onitsha Main Market. The market annual transactions sits at around $3 billion, with 40% of this circulating as unbanked transaction.

You can verify these claims with a simple Google search.

If Anambra government taxes just 1% of these transaction, it'll generate $30 million annually, which is approximately 21 billion naira.

If government taxes 5%, it'll generate 105 billion from the market alone.

But Anambra has 48 markets.

So, trade and commerce in Anambra can generate more than Ogun IGR.

If you are underrating trade, then look at the evidence below.

Trade is the third largest component of Nigerian GDP, far ahead of manufacturing

IamAtikulate:
😂😂😂

Keep celebrating your poverty in the name of highest IGR, while SE keeps lowering their tax rate

Faiththatworks:
There are some issues that are way beyond some people's understanding.
There's this person up there with the Moniker,iamAtikulate who's really mixing up issues.
His incessant justification of bantering figures and comparing it especially as it to relates to development in Anambra state and the whole Igbo states with their southern counterparts especially Yoruba states is a bit perplexing.
Let me try to educate this individual so he stops this comparison.
Figures are used to show you activities that may be less visible to the naked eyes.
The truth about the internal generated revenue posted shows the total aggregate of activities going on in any locality.
You only tax returns on revenue,that is why it's called internally generated revenue.
The individual made a lot of assertions that I find very strange, trading goods and services will never generate revenue for any serious minded government.
I give an example,if the amount of money exchanged in Onitsha is 1billion every month,the state government is obliged to collect a fraction of the sales generated as taxes ,these taxes will probably be around 5%,which is 50 million.
Now compare that to a state like Ogun state,which has an industrial hub like Agabara,any company which generates 1 billion a month will mostly likely cough up to 15% of it's revenue in taxes and permits.
In essence,100000 people will end up generating 50 million for Anambra state while less than 10000 individuals will end up generating 3 times what's generated In Anambra in Ogun state.
But I end by saying this to imatikulate, whatever figures you are seeing will very soon become child's play in the next 2 years.
Lagos and Ogun state will witness massive exponential growth In their revenue when the Dangote Refinery starts production.
I'm very very sure Lagos will most likely double it's revenue while Ogun will have around 300-400billion.
You should be more concerned about what the Igbo governors will do with the natural resources God has bequeathed to them especially in the area of gas.
God bless Nigeria

TrumpDonald2:
Plaindealer my question is, of all the so called high IGR of Ogun and Lagos etc, of what benefit has it been to you as a person?

Anyway, keep deceiving yourself.

plaindealer:
You pay taxes and fees on your houses, your business, your cars, and all the government services in Lagos and the entire SW, but in your ignorant and unintelligent world, you still think it's capital flight.

Flight to where?

It's capital flight because the uninvested profits is repatriated to the SE, just like MTN does to SA.

You are definitely not the sharpest knife in your village.

plaindealer:
Always demanding accountability from other people and never from your own poor and unproductive states where your leaders collect taxes and allocations and still have nothing to show.

You cannot survive or make it in life without leaving your poor and unproductive regions to look for food and survival in the places you always demand accountability from instead of your own states that you ran away from.

Ask your village leaders what they are doing with your taxes and allocations, the SW is not your governor and the SW is not collecting your taxes and allocations.

Jaycee07:
Sir,
Please may I ask you how these monetary figures translate to the ease and good of the common man?
Because as we speak, Nigeria as a whole is poverty- ridden. More than 80% of Nigerians live below poverty line. If these revenues generated by states are not used to ease people’s suffering, then it’s of no use. More than half of those money end up in private pockets.
So there’s truly nothing to celebrate, I don’t care what state generate what .

BreconHills:
It seems you don't know what IGR is. IGR is reflective of productivity and economic activity. States with low IGR's have lower rates of productivity and economic activity. Anambra cannot claim to be a hive of economic activity and have low IGR.

If as you say this is intentional ( which is another word for inefficient) then how does the state fund its economic activities? How does it provide infrastructure to drive greater productivity? Two ways

1. It relies on FAAC handouts
2. It is a hyper capitalist environment in which sweatshops employ low cost labour to create outsize profits for the few.

Both models are unsustainable especially where 2 has no USD linkage. The effect of 2 is high outwards migration in which the young and strong use their strength in other states ( such as Lagos, Ogun, Rivers or Kaduna,) to drive the economic activity of those states.

A sad use of human capital.

Advice. Stop trying to spin this. Igbo people are hard workers, all they need is more collaboration and inclusion.

plaindealer:
Ogun state alone generated more IGR than the top 3 states in the SE combined.

WOW!!!!

plaindealer:
The workforce is a productive force, they work to produce goods and services and at the end of the day, the government collects its share of their productivity and earnings.

So, who is benefiting from this productivity arrangement?

The SW or your village?

I go dash you a bowl of akpu when you figure it out.

plaindealer:
Ogun state alone generated more IGR than the top 3 states in the SE combined.

WOW!!!!

plaindealer:
Ogun state alone generated more IGR than the top 3 states in the SE combined.

WOW!!!!