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Debt Servicing Gulps Ondo, Osun, Two Others Allocations - Politics (2) - Nairaland

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Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Coldkev17: 1:44pm On Apr 05
richiemcgold:
Aketi really plunged Ondo into heavy debts with no tangible infrastructures to show for it. Seven years of governance just wasted for nothing. The current governor that just took over is not even doing better. Ondo has just been static for the last seven years. The thing dey vex me walahi.
lol, lucky and aketi are in equilibrium
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Omoapena(m): 1:45pm On Apr 05
Absuchat:

I'm surprised Ogun state escaped this...now I know there is "money" in skull minning

Ogun has a very good IGR, most of this big factories are situated in ogun, do you know how much they will be generating as revenue from this factories...


And, ogun has many hotels as well..
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by LOVEALAIGBO: 1:46pm On Apr 05
mrvitalis:
I don't really know why states are crying

The back bone of any government around the world is property tax

There are over 250,000 houses in each of these stated in city n towns

Valued at a minimum of 10 million to 500 million

Say average of 35 million

A property tax of 1% value of house is not bad 3% is ideal.. So let's go to 1.5%



That's easy 131 billion

But once u do this know u must work,
Know street have to be paved
Streets have to be clean
Roads must work
Know propaganda of tribe and religion won't work

Maybe these are the reason they don't go for it since they have enough to steal but not to work

I had a similar thought with regards to states in the south-east with massive real-estate and multi-storied buildings…especially Anambra and Abia! Was wondering how these states are struggling to make even 5 billion per month, when they could make that amount just from property tax alone….even before considering other revenue streams from commerce, industry and transportation. I think Peter Mbah of Enugu is going in this direction of property tax, and may just surprise all of us by the end of the year! Anambra should be making nothing less than 100 billion per year from IGR!
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by dequir: 1:54pm On Apr 05
mrvitalis:
I don't really know why states are crying

The back bone of any government around the world is property tax

There are over 250,000 houses in each of these stated in city n towns

Valued at a minimum of 10 million to 500 million

Say average of 35 million

A property tax of 1% value of house is not bad 3% is ideal.. So let's go to 1.5%



That's easy 131 billion

But once u do this know u must work,
Know street have to be paved
Streets have to be clean
Roads must work
Know propaganda of tribe and religion won't work

Maybe these are the reason they don't go for it since they have enough to steal but not to work

You have a very wicked heart to be instigating additional tax burden on the highly impoverished citizens of this country, despite the ineptitude of their government.

You may be rich, and be exulting in your wealth, but you know the fully well that the debts written against these states were mostly looted by their governors and their cronies, with no visible infrastructures to evidence the debts.

Yet here you are advocating for additional money for them to loot by placing burden on the poor. You must be utterly wicked, therefore change your ways.
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Originality007: 1:54pm On Apr 05
richiemcgold:
Aketi really plunged Ondo into heavy debts with no tangible infrastructures to show for it. Seven years of governance just wasted for nothing. The current governor that just took over is not even doing better. Ondo has just been static for the last seven years. The thing dey vex me walahi.
am from ondo state, u are very correct.


let any aketi supporters comes out and tell me one tangible project Aketi did in that state b4 he died.

Aketi is most useless governor Ondo state ever produce
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by chiefolododo(m): 1:55pm On Apr 05
Many (former) state governors are useless.

Aregbesola destroyed Osun state...he should be jailed and his properties confiscated
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Omoapena(m): 1:57pm On Apr 05
LOVEALAIGBO:


I had a similar thought with regards to states in the south-east with massive real-estate and multi-storied buildings…especially Anambra and Abia! Was wondering how these states are struggling to make even 5 billion per month, when they could make that amount just from property tax alone….even before considering other revenue streams from commerce, industry and transportation. I think Peter Mbah of Enugu is going in this direction of property tax, and may just surprise all of us by the end of the year! Anambra should be making nothing less than 100 billion per year from IGR!

Those properties you're referring to, are they commercial properties or residential properties, if most are residential, how do you expect them to generate that much tax from it, how much will they be taxing each residential house monthly or yearly?
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by mrvitalis(m): 2:01pm On Apr 05
dequir:


You have a very wicked heart to be instigating additional tax burden on the highly impoverished citizens of this country, despite the ineptitude of their government.

You may be rich, and be exulting in your wealth, but you know the fully well that the debts written against these states were mostly looted by their governors and their cronies, with no visible infrastructures to evidence the debts.

Yet here you are advocating for additional money for them to loot by placing burden on the poor. You must be utterly wicked, therefore change your ways.
Highly impoverished people dey get house?

So where u want government to get money from
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by mrvitalis(m): 2:04pm On Apr 05
edogu:

And the house owners especially landlords will in return transfer it to tenants. If the tenant is using it purely for commercial purpose, he or she will in return transfer the burden to customers.

There's nothing wrong in all these. But how do tax people when they're not seeing the benefits like infrastructures. How do you tax people when the economy is stagnant.

Paying 20% extra rent for your state to develop is too big for you?

Which tax are you paying? Less than 5% of Nigerians are in the formal sector and pay tax

Which tax are you paying I know for I fact i haven't paid aby meaningful tax

1 Like

Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Jasonekah98: 2:05pm On Apr 05
Apart from some issues with the FG, the major problem of this country na states cause am!!.

The governors create an enabling environment for both positives or negatives. If all they do is borrow, they run into debt, putting pressure on the FG to release more funds, thereby promoting those ones too wey no sabi anything to borrow more money from other countries. You borrow to service debt wey you been borrow before, more like getting money from Okash to pay Palmpay.

Jesus grin
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by mrvitalis(m): 2:05pm On Apr 05
PHIPEX:
You are funny

IGR is useless if the same people generating it are stealing and wasting it away. Nigeria does not have a revenue generation problem, we have sensible expenditure problem. If you like tax every living and non-living things in your state to death and generate the highest IGR, if same wasteful spenders and criminals are managing it, it becomes completely useless to the citizens.

How come the states with the highest IGR in the country are not the best in infrastructure development??
U think it's easy to generat it and steal andbyhey are not doing it?

If you earn 100k and government take 45% monthly would u vote based on tribe?

Would you stay and your vote won't count?

Would u allow inec announce rubbish results?

Would u stay and allow touts chase u out from election ?

Think there is a reason they are not taxing you
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by dequir: 2:07pm On Apr 05
mrvitalis:

Highly impoverished people dey get house?

So where u want government to get money from

Highly improvised people get many houses, built with muds and whatsoever, and they lived in them, no matter how dilapidated.

The governors are receiving huge monthly allocation, let them expend that wisely instead of looting it. If they don't have money, let them go and steal it, since they have already mastered the art of stealing.
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by mrvitalis(m): 2:07pm On Apr 05
Objectivist04:

You definitely do not know what you are saying
Average value, of houses in osun and Ondo N35m ? Do you even know the types of houses that litters those states ?
Maybe you need to visit, we are talking about state capitals that still have mud houses everywhere not to talk about houses in other towns and villages.

South East governors can pull that through but they need to tar all the streets with street lights or else no one will pay
You don't have a choice to pay tax or not

If you don't pay fine is 35% value of the house simply

A serious government wont even give you choice to pay or not pay

Don't pay na.. I dare you not to pay if am governor if u won't go homeless

1 Like

Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by LordBillionz: 2:08pm On Apr 05
mrvitalis:
I don't really know why states are crying

The back bone of any government around the world is property tax

There are over 250,000 houses in each of these stated in city n towns

Valued at a minimum of 10 million to 500 million

Say average of 35 million

A property tax of 1% value of house is not bad 3% is ideal.. So let's go to 1.5%



That's easy 131 billion

But once u do this know u must work,
Know street have to be paved
Streets have to be clean
Roads must work
Know propaganda of tribe and religion won't work

Maybe these are the reason they don't go for it since they have enough to steal but not to work
Will you be willing to pay these taxes knowing fully well it will be embezzled?

They've been pushing people to the walls and their saving grace has always been tribalism. Try this across the nation and see a revolt that can't be contained.

They know this and they're scared.
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by descarado: 2:09pm On Apr 05
Menclothing1:
Uk without resources are doing well in infrastructures

We need to learn good governance
Increase tax
Increase wages
Reduce government salaries they should be paid like teachers
Until
Then Nigeria moving like snail
So u think uk does not have natural resources?
Interesting.
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Absuchat(m): 2:09pm On Apr 05
Omoapena:


Ogun has a very good IGR, most of this big factories are situated in ogun, do you know how much they will be generating as revenue from this factories...


And, ogun has many hotels as well..
We know all these you mentioned. However, they are not the major source of ogun's Igr grin
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by mrvitalis(m): 2:09pm On Apr 05
dequir:


Highly improvised people get many houses, built with muds and whatsoever, and they lived in them, no matter how dilapidated.

The governors are receiving huge monthly allocation, let them expend that wisely instead of looting it. If they don't have money, let them go and steal it, since they have already mastered the art of stealing.
If you are poor and have a mud house valued at 2 million

Would paying 2000 yearly kill you?

But that 2 thousands gives me legitimate right to go and collect 5 million from someone with house worth 500 million

And you and him have same right to the 5 million 2 thousands tax

If anything poor people should be insisting ok everyone getting taxed
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by mrvitalis(m): 2:11pm On Apr 05
LordBillionz:

Will you be willing to pay these taxes knowing fully well it will be embezzled?

They've been pushing people to the walls and their saving grace has always been tribalism. Try this across the nation and see a revolt that can't be contained.

They know this and they're scared.
Yes ooh if you are willing to pay tax and allow them embezzle it that's your business

If I'm governor I would tax it... If you don't like it vote me out... If you allow me rig myself back in that's your business

But u see that tax u must pay or u loose your house.. If you don't like it vote and make sure your vote counts for who would give u best value for tax paid
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by CorrectionFLuid: 2:11pm On Apr 05
happney65:
That's the issue we have been talking about all these while. Most of our states are not viable. Until true restructuring is done this is what will be happening

That is why it is very few states that are viable. E.G Lagos. And until you live in Lagos you cannot make it. I don't know of any other country in the world like that.


Lol I know lots of people that are rich who haven't stepped feet in Lagos. I dony want to mention them before I come off as bragging. But what you said there is not true.

My tailor here in Anambra relocated from Lagos. While my cousin relocated to Yola before he made it. My barber relocated from Lagos. My business partner relocated from Lagos.

Bro, wherever you are destined to make it, that's where you will make it. A friend of mine will be relocating back from the Uk. Same UK people are running to. People's destinies are different.

You can say that a place offers more opportunities, and not that you can't make it until you go there. Especially when there are millions of examples showing that you're wrong.
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Jostoman: 2:13pm On Apr 05
Penguin2:
See how they used debt and rendered Adeleke incapable of doing any reasonable thing in Osun.

By the time debt is deducted, the poor man will have nothing left for infrastructure except for salaries.

After you will see idiots asking what Adeleke is doing in Osun.
dont mind them.
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Jostoman: 2:15pm On Apr 05
This is wickedness. I dont know why this government like to play politics of bitterness like this.

May God help Adeleke of Osun state to suceed
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by 43Ronin: 2:15pm On Apr 05
SW politicians are actually thr worst of the worst. That's because their people have all claimed Lagosians thus allowing their leaders to steal them into poverty. Worst of it is that there nothing to show for it. Omaesee ooo

1 Like

Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by LOVEALAIGBO: 2:18pm On Apr 05
Omoapena:


Those properties you're referring to, are they commercial properties or residential properties, if most are residential, how do you expect them to generate that much tax from it, how much will they be taxing each residential house monthly or yearly?


You’re probably a landlord!

EVERY property should be captured in the tax net and should pay their own fair share for the development of the state! We’re not talking huge amounts here….just a token amount, so gov’t can have the funds to provide much needed services and infrastructure!
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by garfield1: 2:19pm On Apr 05
Penguin2:
See how they used debt and rendered Adeleke incapable of doing any reasonable thing in Osun.

By the time debt is deducted, the poor man will have nothing left for infrastructure except for salaries.

After you will see idiots asking what Adeleke is doing in Osun.

Oyetola handled the debts matter well.if they is no money,why is he renovating his house? Why did he give contracts worth billions to his brother and davido? How come there are several ongoing projects in ondo,kaduna and cross river or are you childishly making it a partt matter
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by LordBillionz: 2:20pm On Apr 05
mrvitalis:

Yes ooh if you are willing to pay tax and allow them embezzle it that's your business

If I'm governor I would tax it... If you don't like it vote me out... If you allow me rig myself back in that's your business

But u see that tax u must pay or u loose your house.. If you don't like it vote and make sure your vote counts for who would give u best value for tax paid
Get yourself to the post of a governor and try it... Else, Na dreamland you dey. Until then, I don't have a response for you...
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Jostoman: 2:21pm On Apr 05
Truths9ja:
so tell me who plunged Osun State into debts. Osun state is currently receiving over #7b in FAAC . How much is the Fg deduction from Osun State? You better defend this guys with wisdom and not propaganda and lies. Lagos is the most indebted State in Nigeria 🇳🇬, Still Lagos state government keep on increasing in revenue. Ade dancer done failed woefully in governance
i no say na Adeleke be Una target. Wether you and your oga like it or not Adeleke will surely suceed.

3 Likes

Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by dequir: 2:24pm On Apr 05
mrvitalis:

U think it's easy to generat it and steal andbyhey are not doing it?

If you earn 100k and government take 45% monthly would u vote based on tribe?

Would you stay and your vote won't count?

Would u allow inec announce rubbish results?

Would u stay and allow touts chase u out from election ?

Think there is a reason they are not taxing you

You are touting for government on more tax on the citizens based on wrong perspectives.

People have been voting for decades in this country, and sometimes electing seemingly good candidates, even pastors and respected alfas, but they all disappointed us in the end. With some of them having huge fraud cases against them.

And whether you like it or not, people will always vote based on tribal or ideological alliance. So because they vote on these bases, they should therefore be taxed to death. And you should know too that almost 80% of people that vote do so without any cash seduction.

And how many people do touts chase from their voting stations, only paltry, but magnified by the common media. And if they chased from in your own location, that's your own luck, and you should not because of that wish evil on the commoners.
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Alexis11: 2:27pm On Apr 05
Nfpmod and fergie01 pushing nonsense threads to front page. 😂
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by Omoapena(m): 2:30pm On Apr 05
LOVEALAIGBO:


You’re probably a landlord!

EVERY property should be captured in the tax net and should pay their own fair share for the development of the state! We’re not talking huge amounts here….just a token amount, so gov’t can have the funds to provide much needed services and infrastructure!

I'm not a landlord yet, but, my point is, property tax on residential properties can't generate much IGR that can sustain the state's civil duties...
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by dequir: 2:30pm On Apr 05
mrvitalis:

If you are poor and have a mud house valued at 2 million

Would paying 2000 yearly kill you?

But that 2 thousands gives me legitimate right to go and collect 5 million from someone with house worth 500 million

And you and him have same right to the 5 million 2 thousands tax

If anything poor people should be insisting ok everyone getting taxed

If there is any visible benefits to the people being taxed, like the roads to their houses being paved, their children enjoying free schooling, absolute security everywhere, subsidy on their foods, provision of water and electricity everywhere, then nobody will complain. But without these, the commoners must not be taxed.
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by mrvitalis(m): 2:31pm On Apr 05
dequir:


You are touting for government on more tax on the citizens based on wrong perspectives.

People have been voting for decades in this country, and sometimes electing seemingly good candidates, even pastors and respected alfas, but they all disappointed us in the end. With some of them having huge fraud cases against them.

And whether you like it or not, people will always vote based on tribal or ideological alliance. So because they vote on these bases, they should therefore be taxed to death. And you should know too that almost 80% of people that vote do so without any cash seduction.

And how many people do touts chase from their voting stations, only paltry, but magnified by the common media. And if they chased from in your own location, that's your own luck, and you should not because of that wish evil on the commoners.
Tax people enough they won't vote bases on tribe and religion

If they don't bank, seek medical services based on tribe and religion... Tax them enough they won't

You can't pay 50% of your in as tax and vote your none performing tribes man
Re: Debt Servicing Gulps Ondo, Osun, Two Others Allocations by mrvitalis(m): 2:32pm On Apr 05
LordBillionz:

Get yourself to the post of a governor and try it... Else, Na dreamland you dey. Until then, I don't have a response for you...
Then keep wondering why you don't develop

Name a serious country that develop without tax

1 Like

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