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Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent (13410 Views)

Electricity: Most Discos Are Technically Insolvent— NERC / Lagos Debt Hits N1trn As Economic Confidential Releases List / Annual States Viability Index For 2017 : Full List From Economic Confidential (2) (3) (4)

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Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Iziquiel(m): 9:03am On Dec 22, 2023
abdeefggh:
President Tinubu should try and make all states viable
It is not the sole responsibility of Tinubu to make all the States viable, there's a reason for having three tiers of Government in Nigeria.

1 Like

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by SonOfDSoil01: 9:03am On Dec 22, 2023
PHZADDY1:
Lol,the way this people praise their glorious slum shows how bad Nigeria is...Lagos glory is population based and it has long been the commercial hub of Nigeria,its supposed to be the best cosmopolitan city in Africa.
grin what stop anambala from becoming one? Wit all the empty noise of it being the state with most billionaires and indeginous industries, its still missing on the list cheesy

1 Like

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Iziquiel(m): 9:04am On Dec 22, 2023
Idiko1:
The original post is pure typical and idiotic Nigerian analysis. Unlike Lagos, most states are not city on Nigerian steroid. Most states in Nigeria did not benefit from being capital of Nigeria.

Smh
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by lexy2014: 9:04am On Dec 22, 2023
abdeefggh:
President Tinubu should try and make all states viable

where will he get the powers to do such?

is it his job to make states viable?
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by albert2512: 9:05am On Dec 22, 2023
GO0DHardDick:
Nigerians should shun tribalism if it wants to grow higher!

It is worthy to note that Tinubu supporters are the problem here on nairaland, to them you dare not criticise Tinubu because he is a yolluba man but they forgot how they disgraced and dragged innocent Jonathan to the mud despite how the country was prospering gloriously under GEJ.

All Nigerians are asking Tinubu is for him to take Nigeria back to how he met it during GEJ era abeg! Take the country back to the days of PDP corruption. It is far better than this Tinubu tribulations! May God have mercy on yolluba people come 2024 because the suffering just began

True true you make sense but Na u dey ask people to stop tribalism and Na you still dey 'tribalistic'. With your last sentence, you are equally guilty of your own preaching bro. To end tribalism, we must focus on issue and much less on the tribe even if guilty to avoid derailing from major issue.

1 Like

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by lexy2014: 9:07am On Dec 22, 2023
skj1377:
Stupid report. The so called revenue federal government is sharing is from crude explored in Bayelsa and akwaibom states sold in International markets largely . It's like brain dead people in Federal government these days. Why not start resource control and we still see if those states will not be one of the wealthiest. Idiots.

if those states become the "wealthiest" thru resource control, what will that achieve for the people of the state?
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Ttipsy(f): 9:12am On Dec 22, 2023
skj1377:
Stupid report. The so called revenue federal government is sharing is from crude explored in Bayelsa and akwaibom states sold in International markets largely . It's like brain dead people in Federal government these days. Why not start resource control and we still see if those states will not be one of the wealthiest. Idiots.
exactly what I was thinking

1 Like

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Omobude244: 9:12am On Dec 22, 2023
[quote author=Difrent post=127569141][/quote]
Thank God u know u and ur family are zombies
brainless generation
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Rebuke: 9:13am On Dec 22, 2023
What sort of nonsense is this?

What have they done about Banks debiting us any how?
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by SmartyPants(m): 9:16am On Dec 22, 2023
Idiko1:
The original post is pure typical and idiotic Nigerian analysis. Unlike Lagos, most states are not city on Nigerian steroid. Most states in Nigeria did not benefit from being capital of Nigeria.

What does that have to do with the report? Reports are facts - Lagos has more IGR than 30 of the poorest states put together. Whether that is because of being a former capital or not, is irrelevant. It is a simple fact - the reason you are offended is because you have interpreted it competitively. You should ask yourself why.

2 Likes

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by PHZADDY1(m): 9:16am On Dec 22, 2023
SonOfDSoil01:
grin what stop anambala from becoming one? Wit all the empty noise of it being the state with most billionaires and indeginous industries, its still missing on the list cheesy
Y'all trying hard to hit the Igbo race lol,an average Igbo man doesn't care about you and your sophiscated poo brain...I was thinking the dirtiest tribe on earth had some shame until lately,what an insecure people?
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by SonOfDSoil01: 9:17am On Dec 22, 2023
GO0DHardDick:


Hello soullove1881

It is pronounced as yo-llu-ba. The phrase yo-ru--ba does not exist in the yolluba origin and hence empty and void. The correct pronunciation is yo-llu-ba or yö-llú-bä coined from the ancient yolluba origin.
grin idiot, this still proves the point he was making. You are just a bigot and quit being an hypocrite grin

2 Likes

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by damkin24(m): 9:19am On Dec 22, 2023
GO0DHardDick:
Nigerians should shun tribalism if it wants to grow higher!

It is worthy to note that Tinubu supporters are the problem here on nairaland, to them you dare not criticise Tinubu because he is a yolluba man but they forgot how they disgraced and dragged innocent Jonathan to the mud despite how the country was prospering gloriously under GEJ.

All Nigerians are asking Tinubu is for him to take Nigeria back to how he met it during GEJ era abeg! Take the country back to the days of PDP corruption. It is far better than this Tinubu tribulations! May God have mercy on yolluba people come 2024 because the suffering just began
Are wailing or crying? Be specific abeg

1 Like

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Daniego(m): 9:20am On Dec 22, 2023
Armaggedon:
you will not see them because this report is based on a misleading development index called IGR. But the GDP of the states are totally different.

Most states you see posting high IGR' figures such as Lagos, Ogun etc heavily inflated their IGR figures in order to be able to attract loans. This is why the budget figures of endemic borrower states are lower than non borrower states in proportion to their respective IGR figures.

A salary earner needs to prove he earns enough for a loan. This also apply to states, except they control IGR figures. This explains why Ogun and oyo claim they earn high revenue but can't execute projects without borrowing while a state like Anambra is very bouyant with modest IGR.

To understand IGR figures, check the list of indebted states.
To understand true economic standing of states, check their GDP. Your politicians are decieving you.

Brilliant analysis! But like Amechi,will they read?
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by SonOfDSoil01: 9:20am On Dec 22, 2023
PHZADDY1:
Y'all trying hard to hit the Igbo race lol,an average Igbo man doesn't care about you and your sophiscated poo brain...I was thinking the dirtiest tribe on earth had some shame until lately,what an insecure people?
grin dirty tribe, just like aba market you mean? Or i guess you not visited market where your flat head brothers sell in lagos and see why they are called pigs grin.....Stupid Okoro grin

3 Likes 1 Share

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by jamesversion: 9:28am On Dec 22, 2023
Hunchogee and Ilaumoh have stopped comparing Akwa Ibom to Rivers state. cheesy

We be their papa. cheesy cheesy

They think it's by marathon sex and eating dog meat. grin
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Roboto11: 9:31am On Dec 22, 2023
skj1377:
Stupid report. The so called revenue federal government is sharing is from crude explored in Bayelsa and akwaibom states sold in International markets largely . It's like brain dead people in Federal government these days. Why not start resource control and we still see if those states will not be one of the wealthiest. Idiots.

Oga shut up.

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Blackdisciple(m): 9:33am On Dec 22, 2023
Just imagine Bayelsa and Akwa Ibom State an oil producing states for that matter...

1 Like

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Roboto11: 9:33am On Dec 22, 2023
Armaggedon:
you will not see them because this report is based on a misleading development index called IGR. But the GDP of the states are totally different.

Most states you see posting high IGR' figures such as Lagos, Ogun etc heavily inflated their IGR figures in order to be able to attract loans. This is why the budget figures of endemic borrower states are lower than non borrower states in proportion to their respective IGR figures.

A salary earner needs to prove he earns enough for a loan. This also apply to states, except they control IGR figures. This explains why Ogun and oyo claim they earn high revenue but can't execute projects without borrowing while a state like Anambra is very bouyant with modest IGR.

To understand IGR figures, check the list of indebted states.
To understand true economic standing of states, check their GDP. Your politicians are decieving you.

Don't write like a Dunce.

You make bankers look like morons.

Banks would loan you money based on bank transactions, inflow and outflow .

Get sense in 2024 in Jesus name.

Amen.

2 Likes

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by PHZADDY1(m): 9:44am On Dec 22, 2023
SonOfDSoil01:
grin dirty tribe, just like aba market you mean? Or i guess you not visited market where your flat head brothers sell in lagos and see why they are called pigs grin.....Stupid Okoro grin
lol,your swarm looking sisters and brothers are all over the east and south south with dirty marks on their legs and faces and purple teeth hawking agbo upandan...if you go to where they live you won't eat for days...I used to think the Hausa Fulani are more dirty until I went to a Yoruba community in Port Harcourt grin
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by NOETHNICITY(m): 9:46am On Dec 22, 2023
Armaggedon:
you will not see them because this report is based on a misleading development index called IGR. But the GDP of the states are totally different.

Most states you see posting high IGR' figures such as Lagos, Ogun etc heavily inflated their IGR figures in order to be able to attract loans. This is why the budget figures of endemic borrower states are lower than non borrower states in proportion to their respective IGR figures.

A salary earner needs to prove he earns enough for a loan. This also apply to states, except they control IGR figures. This explains why Ogun and oyo claim they earn high revenue but can't execute projects without borrowing while a state like Anambra is very bouyant with modest IGR.

To understand IGR figures, check the list of indebted states.
To understand true economic standing of states, check their GDP. Your politicians are decieving you.
Anambra very bouyant?

Something is inherently wrong with you Igbos.
Your refusal to see the good in others while exaggerating your own positives and deluding yourselves is the height of delusion.

Same Anambra that couldn’t execute a single project until Soludo took a 100billion loan.
Make una continue to dey deceive una sef
Your people are migrating to every part of country. Even people from “bouyant Anambra “ are migrating to yobe state as a result of poverty in their home state

2 Likes

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by NOETHNICITY(m): 9:49am On Dec 22, 2023
omoredia:
Edo state potential is beyond comprehension
Yes, it was Adams that grew Edo’s IGR to where it is.

1 Like

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by dalass(f): 9:51am On Dec 22, 2023
GO0DHardDick:


Exactly my point.

The moment anyone attacks Tinubu they immediately tagged him as one from the East. Is baffles me to ask if nairaland are majorly Igbos and do Igbos have the highest population in Nigeria? Because I don't get it. Is Edo state a joke to you? Or you guys believe no Benin or esan people in this group?

Like what is the interrelation between Edo state and se? Are you not a 🤡 like this?

You admit attacking Tinubu like you were typically acting the same script with hate filled born and bred haters.

It's you people's hatred, attacks, Emefiele moves, et all that brought in Tinubu. Continue your attacks. It's never made any difference and will make sure the guy continue in office cool

1 Like

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Millimann: 9:52am On Dec 22, 2023
Armaggedon:
you will not see them because this report is based on a misleading development index called IGR. But the GDP of the states are totally different.

Most states you see posting high IGR' figures such as Lagos, Ogun etc heavily inflated their IGR figures in order to be able to attract loans. This is why the budget figures of endemic borrower states are lower than non borrower states in proportion to their respective IGR figures.

A salary earner needs to prove he earns enough for a loan. This also apply to states, except they control IGR figures. This explains why Ogun and oyo claim they earn high revenue but can't execute projects without borrowing while a state like Anambra is very bouyant with modest IGR.

To understand IGR figures, check the list of indebted states.
To understand true economic standing of states, check their GDP. Your politicians are decieving you.
You are wise man!

This is one of the most intelligent posts I have read lately.
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Untube: 9:54am On Dec 22, 2023
Addme:


https://punchng.com/report-names-lagos-six-others-viable-states-declares-six-insolvent/?amp

They actually generate but failed to declare it, only if you know the resources deposited in the north, you will know dah they are meant to be generating but they push all the fund to their personal account
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by viodemus: 9:55am On Dec 22, 2023
most indebted too. The maths no dey add up.
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by Basic123: 10:03am On Dec 22, 2023
GO0DHardDick:
Nigerians should shun tribalism if it wants to grow higher!

It is worthy to note that Tinubu supporters are the problem here on nairaland, to them you dare not criticise Tinubu because he is a yolluba man but they forgot how they disgraced and dragged innocent Jonathan to the mud despite how the country was prospering gloriously under GEJ.

All Nigerians are asking Tinubu is for him to take Nigeria back to how he met it during GEJ era abeg! Take the country back to the days of PDP corruption. It is far better than this Tinubu tribulations! May God have mercy on yolluba people come 2024 because the suffering just began
So..ITS TINUBU SUPPORTERS NOT THOSE CALLING THE COUNTRY ZOO AND THE PRESIDENT DRUG BARON

1 Like

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by dominique(f): 10:12am On Dec 22, 2023
MrBONE2:

Ayam telling you this got me surprisingly mouthless cheesy

Even surprising is how Kwara made the cut. Kwara?
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by omoredia: 10:13am On Dec 22, 2023
NOETHNICITY:
Yes, it was Adams that grew Edo’s IGR to where it is.


He also needs to grow up brain beyond what it currently is. Mugu
Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by PHAYOL81: 10:20am On Dec 22, 2023
7 out of 36 is a very poor grade. SO sad it's the reality of our country today

1 Like

Re: Economic Confidential Names Lagos, 6 Others Viable States, Declares 6 Insolvent by onuman: 10:26am On Dec 22, 2023
Addme:


https://punchng.com/report-names-lagos-six-others-viable-states-declares-six-insolvent/?amp

Monthly allocation largely come from the oil sector, yet modern development infrastructures. including standard gauge railway, are denied the SS and the SE regions where the oil proceeds come from.

Instead, standard gauge railway is built for the northern and Southwest regions.
Goes to explain that Nigeria is sick.

1 Like

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