₦airaland Forum

So, salaries will soon be paid ... Celebration Mode ....


https://www.youtube.com/watch?v=MTxZHty-1Qo

That is when dollar hits 2k

The sharing of our wealth monthly is what keep us together.But unfortunately,we are not seeing the impact

DMerciful:
If you factor in the fall of the naira since May 29, 2023, it's actually 1.13/3 which is N367 billion. Even the failure Bubu was sharing N700 billion.

Do no be deceived, the naira is like tissue paper courtesy of Cardoso, the micro finance bank CEO brought in with patch patch CV to manage CBN!

That's what I have been saying, forget the big figures, we are sharing less

DMerciful:
If you factor in the fall of the naira since May 29, 2023, it's actually 1.13/3 which is N367 billion. Even the failure Bubu was sharing N700 billion.

Do no be deceived, the naira is like tissue paper courtesy of Cardoso, the micro finance bank CEO brought in with patch patch CV to manage CBN!

So babachir lawal,a corrupt criminal with no experience in finance is the best person to rate an economist? Dumbidients eh

Sharing and looting continues

By their fruits you shall know them. How's Cardoso's fruit? Exchange rate from less than N500 to N1300.

You're the dumb one if you argue against data

garfield1:
So babachir lawal,a corrupt criminal with no experience in finance is the best person to rate an economist? Dumbidients eh

We are under the table waiting for the crumbs to fall.

TimeManager:
Since subsidy was removed, FAAC has not been sharing no less than a trillion naira. Are you holding your Governors to account or you giving them the blank cheque to steal away your future while you misplace your focus entirely on Abuja.

-kiss the truth!

Make una dey play, is this your stance during GEJ's era

Now you want to hold governors responsible, are they even accessible to start with?

The sharing formula is continuous.

It multiplies what they share during Buhari regime by 2.5. What are the governors doing with there own quotas . Citizens need to question our state governors.

autodoctor:
We are under the table waiting for the crumbs to fall.

^^

DMerciful:
Under the 1960 constitution, the regions kept 50%, 20% was to the fg and 30% was to a common pulse that was later shared among the regions. We should go back to that but teplace regions with states. We could make the common pulse 20% while states keep 60%, still ok.

THAT we operated like that back then doesn't mean we have to strictly abide with that same construction again. The regions stand but each state IGR is taxed 5% for national projects. Each state can then contribute according to the agreed percentage by the states under a certain region（say, between 15-20%） for inter-states projects within the particular region while individual state keep the rest. That way, everyone will rapidly develop according to its potential, same as each region.
This will limit the CENTRAL GOVERNMENT activities and spending power to forestall mismanagement and enbezzlement of our common wealth. Remember, we're all clamouring for regional system because we think others are mismanaging and looting wealth contributed from elsewhere and unless we want to continue that discussion thereafter, we must limit the amount going to the CENTRAL as well as the spending power.

DMerciful:
You cannot have regions and have states. The regions are gone since Gowon divided it to create states that you guys hailed then(even though Gowon was an illegitimate head of state because nobody elected him)

Any restructuring will be done based on states. Are you from SW eyeing Lagos state hence your regional approach? Mind you SW,SE etc are unconstitutional

SORRY bud, you're mistaken. Any attempt at restructuring/division ain't going to be on what old constitution says but what the new people who are agreeing to do it decide. There would be new rules and regulation and I can assure you for free that the regional division would form new countries under which respective states operate （like the UK alignment which has BRITISH and then division of four countries namely ENGLAND, WALES, SCOTLAND, and NORTHERN IRELAND under it before it comes to individual states） semi-dependently on one another.
AS for LAGOS, my aspiration has always been for LAGOS autonomy whether we have restructuring or not. It will accelerate her development and progress but yet it won't change the fact that the fate of the state and the SOUTHWEST NIGERIA are perpetually intertwined.

You cannot have regions and have states. The regions are gone since Gowon divided it to create states that you guys hailed then(even though Gowon was an illegitimate head of state because nobody elected him)

Any restructuring will be done based on states. Are you from SW eyeing Lagos state hence your regional approach? Mind you SW,SE etc are unconstitutional

PHAYOL81:
THAT we operated like that back then doesn't mean we have to strictly abide we that construction again. The regions stand but each state IGR is taxed 5% for national projects. Each state can then contribute according to the agreed percentage by the states under a certain region（say, between 15-20%） for inter-states projects within the particular region while individual state keep the rest. That way, everyone will rapidly develop according to its potential, same as each region.
This will limit the CENTRAL GOVERNMENT activities and spending power to forestall mismanagement and enbezzlement of our common wealth. Remember, we're all clamouring for regional system because we think others are mismanaging and looting wealth contributed from elsewhere and unless we want to continue that discussion thereafter, we must limit the amount going to the CENTRAL as well as the spending power.