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Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit (32816 Views)

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Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by BadBradley: 4:34pm On Oct 30, 2024
Bobloco:
https://dailypost.ng/2024/10/30/only-two-nigerian-states-can-survive-without-faac-revenue-budgit/
the truth of this misconception is that Delta, Akwa-Ibom, Calabar and Bayelsa should survive more than Lagos if Nigeria will give states their resources and not have them depend on Feferal allocations.

The oil multinational companies paying Lagos heavy taxes should be in the Niger Delta states where their operators are based and Lagos Seaport is no different from Port Harcourt, Warri, Calabe etc.

Lagos state is an artificial creation of Nigerian government and federal monopoly.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Bizibi(m): 4:36pm On Oct 30, 2024
IGBOPROMISE1:
All this is just analysis paralysis! You see sates blessed with an abundance of hydrocarbons, yet are being denied control and use of same by a greedy, grasping, all-controlling and despotic unitary central gov’t! Yet some still have the temerity to accuse them of being ‘unviable’!? Had states like Bayelsa or Imo been independent countries in their own right, does anyone think they wouldn’t have the capacity to pay their workers and embark on provision of infrastructure!? We like being deceptive in Nigeria!
forget bayelsa, Even if it is a country it will be the same result. They can be a creditor to other states but they prefer to be at the bottom of the barrel.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Bizibi(m): 4:41pm On Oct 30, 2024
BadBradley:
the truth of this misconception is that Delta, Akwa-Ibom, Calabar and Bayelsa should survive more than Lagos if Nigeria will give states their resources and not have them depend on Feferal allocations.

The oil multinational companies paying Lagos heavy taxes should be in the Niger Delta states where their operators are based and Lagos Seaport is no different from Port Harcourt, Warri, Calabe etc.

Lagos state is an artificial creation of Nigerian government and federal monopoly.
if they are using the federal allocations and the oil derivations well,they can easily clamour for resource control and there will be an agreement between fg and those states but at this point they are not just serious at all. Bayelsa government angers me the most.

I don't always take them serious anytime they complain about federal allocations because even some of us know the monies that come into their treasury every month.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Gboom: 4:43pm On Oct 30, 2024
LZAA:
Rivers actually funds Lagos 😄😄😄
How?
What if Lagos is keeping Port revenue?
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by preciouswoman66(m): 4:55pm On Oct 30, 2024
MadPolitician:
You collect my money and give me back less than 20% of the amount you collected, then you turn around and say i can not survive without that income? Can the federal government survive without oil income and allocations?

Is it not my oil money that you are sharing in the first place? If i collected my oil revenue by myself, and pay you a little tax, it is you the federal government that will be worrying about revenue shortfalls.

States luke Deltas, Rivers, imo, anambra, Edo, bayelsa, akwa ibom, can all sur ive because they have oil and has that is being stolen by the federal government and shared to far away entities.
The people wey do the analysis na werey
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by sulaak(m): 5:07pm On Oct 30, 2024
WeddingParol:
As much as I don't have issue with improving IGR but how effectively have we addressed the leakages in the collection processes and in holding the government particularly the state and local government/LCDA
accountable in the judicious utilisation of the funds?

It is outright evil to continually tax the already impoverished populace to fund the flamboyant and wasteful lifestyle of politicians and civil servants.

Goto Oshodi, Abakpa, Lafenwa, Ogbuete, Igbudu , Mararaba, Headbridge among others and see what some traders sells, items less than 10k in total and these sets of people are still forced to pay an average of N500 - N1000 per day in the name of IGR.

Note: I am not againt improved IGR but it should not cost the blood of the people particularly the already impoverished ones.
Even unemployed people in UK pay a small tax against their benefit.

Nigerians want good government for free?
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Franking: 5:26pm On Oct 30, 2024
Until states are allowed to manage their resources this list is biased.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by BadBradley: 5:28pm On Oct 30, 2024
Bizibi:
if they are using the federal allocations and the oil derivations well,they can easily clamour for resource control and there will be an agreement between fg and those states but at this point they are not just serious at all. Bayelsa government angers me the most.

I don't always take them serious anytime they complain about federal allocations because even some of us know the monies that come into their treasury every month.
what they do with their natural resources is up to them and their people should hold them accountable after paying accruing taxes to thefederal government.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by sulaak(m): 5:34pm On Oct 30, 2024
BadBradley:
the truth of this misconception is that Delta, Akwa-Ibom, Calabar and Bayelsa should survive more than Lagos if Nigeria will give states their resources and not have them depend on Feferal allocations.

The oil multinational companies paying Lagos heavy taxes should be in the Niger Delta states where their operators are based and Lagos Seaport is no different from Port Harcourt, Warri, Calabe etc.

Lagos state is an artificial creation of Nigerian government and federal monopoly.
Lagos state has a population of 20 million people buying, selling, and producing. Lagos and the River are prosperous not due to the oil tax but because of the infrastructures that support commerce, such as refineries, ports, shops, banks, and other productive activities.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by MadPolitician: 5:35pm On Oct 30, 2024
Fiscus105:
The 20% they gave you back, how did you squander it Mr prodigal?
Who are you to determine how much percentage of what is taken from my land is given back to me, you mgbu!? How many percentage of your groundnuts and cocoa sells do you share with the rest of Nigeria?
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by lereinter(m): 5:39pm On Oct 30, 2024
That's because of the rogue structure of governance

Too much concentration at centre
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Fiscus105(m): 5:39pm On Oct 30, 2024
MadPolitician:
Who are you to determine how much percentage of what is taken from my land is given back to me, you mgbu!? How many percentage of your groundnuts and cocoa sells do you share with the rest of Nigeria?
Since you are prodigal son, and poor manager, it would have better if percentage reduce.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by lawani(m): 5:41pm On Oct 30, 2024
EmperorCaesar:
cheesy

This is progress. Apparently statistically and from an Economy POV, we are actually moving forward

As per the main subject, There are just 6 economically viable states in Nigeria...Lagos, Ogun, Rivers, Anambra, Edo and Kaduna

States in other regions should be merged together to form one

Useless Govs everywhere
If you merge them it does not solve the problem since they will still not be able to foot their bills
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by lereinter(m): 5:44pm On Oct 30, 2024
sulaak:
Lagos state has a population of 20 million people buying, selling, and producing. Lagos and the River are prosperous not due to the oil tax but because of the infrastructures that support commerce, such as refineries, ports, shops, banks, and other productive activities.
Half fact



Lagos is former Federal capital, federal seaport and airport
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Bryanobi: 5:49pm On Oct 30, 2024
Ibu bye busu
LandMann:
Okay, noted

That means Fubara the ingrate doesn't even need allocation from FAAC and CBN.

He can tax the hell out of Rivers people to help run his government of illegality.

Before you quote CNN and ICC on my mention, kindly explain which democratic country permits a governor to present budget to only 4 out of 30 members of a state house of assembly
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Choiceone1: 5:51pm On Oct 30, 2024
LandMann:
Okay, noted

That means Fubara the ingrate doesn't even need allocation from FAAC and CBN.

He can tax the hell out of Rivers people to help run his government of illegality.

Before you quote CNN and ICC on my mention, kindly explain which democratic country permits a governor to present budget to only 4 out of 30 members of a state house of assembly
Treat typhoid my friend because u just want to kill ursef because u want Tinubu to win Rivers state. The legislators declared they have moved to APC suddenly wen they found out they're in trouble they changed mouth that they're still in PDP where is it done?
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by BadBradley: 5:54pm On Oct 30, 2024
sulaak:
Lagos state has a population of 20 million people buying, selling, and producing. Lagos and the River are prosperous not due to the oil tax but because of the infrastructures that support commerce, such as refineries, ports, shops, banks, and other productive activities.
Lagos attracted the population by virtue of being the former capital territory and having the only seaport gateway in Nigeria na having all multinational manufacturers base their headquarters their even without having any production centre.

Rover state proposers as the oil production capital of Nigeria and of the old eastern region. The infrastructure is a result of the oil
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by lawani(m): 6:00pm On Oct 30, 2024
BadBradley:
Lagos attracted the population by virtue of being the former capital territory and having the only seaport gateway in Nigeria na having all multinational manufacturers base their headquarters their even without having any production centre.

Rover state proposers as the oil production capital of Nigeria and of the old eastern region. The infrastructure is a result of the oil
Lagos state goes from business to business to ensure compliance with PAYE and that is their source of income. Any state could have done it.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by LandMann: 6:01pm On Oct 30, 2024
Choiceone1:
Treat typhoid my friend because u just want to kill ursef because u want Tinubu to win Rivers state. The legislators declared they have moved to APC suddenly wen they found out they're in trouble they changed mouth that they're still in PDP where is it done?
Fubara is the idiot who wasn't patient enough to allow the lawmakers to perfect their defection.

If he was wise he'd have allowed them to formally and officially decamp.

The law doesn't recognise mere announcement of defection as evidence of defection. You must show that defector accepted membership of a new political party.

Nonetheless, the imbroglio shows that Fubara doesn't enjoy majority support in the house of assembly. That is his own fault, not mine.

Fubara cannot use 4 members of assembly out of 30 to run the affairs of Rivers state. It is undemocratic, and you're beyond stupid if you support him.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by LZAA: 6:05pm On Oct 30, 2024
Gboom:
How?
What if Lagos is keeping Port revenue?
Lols
That IGR will drop massively
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Harrisonwo(m): 6:29pm On Oct 30, 2024
LandMann:
Okay, noted

That means Fubara the ingrate doesn't even need allocation from FAAC and CBN.

He can tax the hell out of Rivers people to help run his government of illegality.

Before you quote CNN and ICC on my mention, kindly explain which democratic country permits a governor to present budget to only 4 out of 30 members of a state house of assembly
It has been stated in the court that if you cross carpet to another party, u lose your seat except your national party has dispute which in this case is absent.
Those lawmakers by virtue ain't lawmakers again. Now using the court to drag the matter when there is already a clear judgement is an act of illegality. Inec should have conducted a rerun since but in Nigeria, we have strong individuals and weak institutions instead of the other way round.
Presenting the budget to the 4 members isn't illegal even if it sounds morally wrong but matters of state shouldn't be placed on hold.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Fortruth: 6:29pm On Oct 30, 2024
SO the Islamic North cant do much of anything….
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Gboom: 6:30pm On Oct 30, 2024
LZAA:
Lols
That IGR will drop massively
Is that a joke or lack of information?

In your mind, you think all those whose business thrives in Lagos will just relocate to other states because of resources control which they may not be able to sustain because of massive corruption entrenched in majority of the so-called leaders and followers
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by EmekaBlue(m): 6:37pm On Oct 30, 2024
Ttalk:
Which of the cementary Emeka want to be buried when he die, Ikoyi cementary or Ajegunle cemetery?
under ur room then i haunt u every night
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by Hoelujohn: 6:43pm On Oct 30, 2024
LandMann:
Okay, noted

That means Fubara the ingrate doesn't even need allocation from FAAC and CBN.

He can tax the hell out of Rivers people to help run his government of illegality.

Before you quote CNN and ICC on my mention, kindly explain which democratic country permits a governor to present budget to only 4 out of 30 members of a state house of assembly
If na me be fubara,I will just be rejoicing because it makes second term a done deal. Place advert on TV thanking Wike for wanting to make workers go hungry, wanting to kill all pregnant women that won't be able to access free health care, and the list goes on.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by CrossRhodes: 7:07pm On Oct 30, 2024
Chekwume16:
Rubbish analysis. Is the federal allocation not derived from resources from the states. You should rather look at states that don't contribute anything to the centre in terms of taxes and natural resources. How can you say delta state cannot survive without faac when almost 15% of that faac revenue is derived from delta state. Even the investments moving into lagos state are as a result of the huge oil revenue in Nigeria
Many people no dey too reason this thing so
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by lawani(m): 7:09pm On Oct 30, 2024
Any time government is ready to collect tax, the people are there.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by LZAA: 7:13pm On Oct 30, 2024
Gboom:
Is that a joke or lack of information?

In your mind, you think all those whose business thrives in Lagos will just relocate to other states because of resources control which they may not be able to sustain because of massive corruption entrenched in majority of the so-called leaders and followers
Yes they will
It's common sense
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by LandMann: 7:15pm On Oct 30, 2024
Harrisonwo:
It has been stated in the court that if you cross carpet to another party, u lose your seat except your national party has dispute which in this case is absent.
Those lawmakers by virtue ain't lawmakers again. Now using the court to drag the matter when there is already a clear judgement is an act of illegality. Inec should have conducted a rerun since but in Nigeria, we have strong individuals and weak institutions instead of the other way round.
Presenting the budget to the 4 members isn't illegal even if it sounds morally wrong but matters of state shouldn't be placed on hold.
Define the term "cross carpet to another party" in legal terms.
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by very4tune8: 7:18pm On Oct 30, 2024
CodeTemplarr:
Hmmm. Thats down to a combination of strategic FG projects and coastal privileges in those states and not because the governors are working as they should.
You dey mind them
Re: Only Two Nigerian States Can Survive Without FAAC Revenue — Budgit by samplebrown: 7:22pm On Oct 30, 2024
This news no good for wike oo,

Fubara dey always bipass am
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