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Politics Of IGR And Economics Of Reality In Nigeria States - Politics (2) - Nairaland

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Re: Politics Of IGR And Economics Of Reality In Nigeria States by EmekaA125(m): 9:24pm On Nov 11, 2024
JagabanBorgu:
It is part of the true test just like GDP is.
Not true.
Take for instance; Anambra and Akwa Ibom.

While Akwa Ibom State generates bigger IGR than Anambra, the latter has better housing, work force, and high human capital development index more than the former.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by JagabanBorgu: 9:32pm On Nov 11, 2024
EmekaA125:
Not true.
Take for instance; Anambra and Akwa Ibom.

While Akwa Ibom State generates bigger IGR than Anambra, the latter has better housing, work force, and high human capital development index more than the former.
The last time I checked, Anambra does not have the govt providing housing for the people rather it's the people outside Anambra that mostly comes back to build houses, something Akwa Ibom does not have.
In terms of what govt provides, Akwa Ibom has better road networks than Anambra, I'm sure they have cleaner environments, something that govt provides, I'm sure they have better infrastructures that govt provides compared to Anambra, I'm also sure that Akwa Ibom can undertake multi projects more easily than Anambra because they generate funds to back it even if it comes to taking loans.
The better workforce in Anambra is the quest to succeed and not be left behind in Anambra not something provided by the govt.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by mrvitalis(m): 9:37pm On Nov 11, 2024
JagabanBorgu:
Is there any project that Buhari built that's not a needed project?
U don't criticize because u don't like the person in power, that's the problem we face in this country, critîcizè because it affects ur society even when u like the person in power.

GDP is below 200m but Lagos GDP is almost 200m, now does it make sense to u?

I saw a data last year where they said, Nigeria has over 50% of it's population living in urban areas but same Nigeria has 37% internet access, does that data make sense?
Not every sh!.tty data u see is vaIid.
It's that simple.


I asked u earlier on, how did you become an engineer?
U are registered with NSE?
90% of the Infrastructural projects Buhari did were wants...

It's suicidal to borrow money and build projects that can't generate you more money... But nah u guys see the effect... Currency is getting weaker because of debt servicing GDP is dropping... But nah let's keep borrowing to build road, bridges, rail, airport

Then wonder why the economy is tanking

50% of Nigerian live in towns 37% have internet can be explained if only you look at the percentage of kids in our population..

You guys have hatred for Data

Let's build road bridges, n rail so we can brag about them
Re: Politics Of IGR And Economics Of Reality In Nigeria States by Ofemannnu: 9:38pm On Nov 11, 2024
mrvitalis:
Is your states better than the SE states no generating money?
Much more better.
Reason you are all fleeing there while SE gradually becomes a desert.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by mrvitalis(m): 9:39pm On Nov 11, 2024
Ofemannnu:
Much more better.
Reason you are all fleeing there while SE gradually becomes a desert.
Desert with bigger GDP than your state

Which school una dey go even
Re: Politics Of IGR And Economics Of Reality In Nigeria States by mrvitalis(m): 9:43pm On Nov 11, 2024
JagabanBorgu:
The last time I checked, Anambra does not have the govt providing housing for the people rather it's the people outside Anambra that mostly comes back to build houses, something Akwa Ibom does not have.
In terms of what govt provides, Akwa Ibom has better road networks than Anambra, I'm sure they have cleaner environments, something that govt provides, I'm sure they have better infrastructures that govt provides compared to Anambra, I'm also sure that Akwa Ibom can undertake multi projects more easily than Anambra because they generate funds to back it even if it comes to taking loans.
The better workforce in Anambra is the quest to succeed and not be left behind in Anambra not something provided by the govt.
You guys ideas of government and governance is weird

All over the world, or economic journals messure economy via GDP, GDP per capita you guys messure by IGR

All over the world, economic journals.. Governance is measured via improvement in MDGs goals ... You guys measure via what road? Lmaooo

It's funny comparing Akwa ibom ( the state I made my first millions) to Anambra Lmaooo... I would never put down Akwa ibom out side never
Re: Politics Of IGR And Economics Of Reality In Nigeria States by JagabanBorgu: 9:55pm On Nov 11, 2024
mrvitalis:
You guys ideas of government and governance is weird

All over the world, or economic journals messure economy via GDP, GDP per capita you guys messure by IGR

All over the world, economic journals.. Governance is measured via improvement in MDGs goals ... You guys measure via what road? Lmaooo

It's funny comparing Akwa ibom ( the state I made my first millions) to Anambra Lmaooo... I would never put down Akwa ibom out side never
First and foremost, the comparison between Akwa Ibom and Anambra was not started by me, someone started it and stated it emphatically, but u prefer tagging me with it.
Secondly, IGR contributes to GDP and I have said that repeatedly in the last 1 hour, a country that don't generate money in abundance from natural resources depends on IGR and other sources to grow their GDP, this is something u must have seen from all over the world.
Governance all over the world is measured by how it addresses the issues facing that society, in our society, roads are part of it, so if you think we can use same yardstick to measure a successful governance in society A to society B, then u need to more enlightenment.

A success story in a places like US is keeping the peace in Middle East, it's part of their yardstick in good governance, not same for us.
Learn dynamics.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by mrvitalis(m): 10:02pm On Nov 11, 2024
JagabanBorgu:
First and foremost, the comparison between Akwa Ibom and Anambra was not started by me, someone started it and stated it emphatically, but u prefer tagging me with it.
Secondly, IGR contributes to GDP and I have said that repeatedly in the last 1 hour, a country that don't generate money in abundance from natural resources depends on IGR and other sources to grow their GDP, this is something u must have seen from all over the world.
Governance all over the world is measured by how it addresses the issues facing that society, in our society, roads are part of it, so if you think we can use same yardstick to measure a successful governance in society A to society B, then u need to more enlightenment.

A success story in a places like US is keeping the peace in Middle East, it's part of their yardstick in good governance, not same for us.
Learn dynamics.
IGR do not contribute to GDP please... Quote your collaborating source I there you

IGR is not even a derivative of GDP...yes the maximum that can be generated is maxed by GDP...but it's not a direct derivative of GDP...its more of a government policy derivative

In the same economy IGR can rise and fall without corresponding movement in GDP

Who defines what's enough...? Do you know that some countries pride themselves as T ax free?

IMO says FAAC and their small revenue is enough to give them good performance in MDGs... While allowing business to grow... How's that a problem
Re: Politics Of IGR And Economics Of Reality In Nigeria States by JagabanBorgu: 10:04pm On Nov 11, 2024
mrvitalis:
90% of the Infrastructural projects Buhari did were wants...

It's suicidal to borrow money and build projects that can't generate you more money... But nah u guys see the effect... Currency is getting weaker because of debt servicing GDP is dropping... But nah let's keep borrowing to build road, bridges, rail, airport

Then wonder why the economy is tanking

50% of Nigerian live in towns 37% have internet can be explained if only you look at the percentage of kids in our population..

You guys have hatred for Data

Let's build road bridges, n rail so we can brag about them
It's a good thing u said 90% of Buhari's projects were wants, give us a list of 20 of Buhari's projects that were wants please.


I already said borrowing money to build projects that don't progress ur society is bad so why are you repeating it?
Rails and roads are projects that will 100% generate more money and grow our society, if u say otherwise, u simply don't love the society.
Debts incurred from artificially defending the currency is a part of debt servicing.


U still don't get the analogy?
Those kids also have internet access, even rural areas have internet access so that data is flawed that's what I'm telling u, over 50% can't live in urban areas while only 37% have internet access and our national statistics have over 100m internet users, that statistics is flawed like the GDP stats.


U can't tell me I hate data when I work with data to be able to deliver a successful job, I have high hàtrèd for fIawed data and every sh!.tty figure is not data.


Now, are u registered with NSE?
How did u become an engineer?
Re: Politics Of IGR And Economics Of Reality In Nigeria States by JagabanBorgu: 10:17pm On Nov 11, 2024
mrvitalis:
IGR do not contribute to GDP please... Quote your collaborating source I there you

IGR is not even a derivative of GDP...yes the maximum that can be generated is maxed by GDP...but it's not a direct derivative of GDP...its more of a government policy derivative

In the same economy IGR can rise and fall without corresponding movement in GDP

Who defines what's enough...? Do you know that some countries pride themselves as T ax free?

IMO says FAAC and their small revenue is enough to give them good performance in MDGs... While allowing business to grow... How's that a problem
Quote ur source that IGR does not contribute to GDP or financial capacity of a state (because this is what I have been saying).
The difference between Lagos and any state in the SE is IGR, Lagos can undertake projects Anambra cannot because of it's huge IGR, it can access huge loans be because of that IGR.
IGR is important for societies not having abundance of huge resources, I said that before.


Secondly, any country priding itself as tax free has resources in abundance and low population that it can cater for.
Since IMO said so, what's stopping them from developing rapidly with profound infrastructures and social amenities or they said it because talk is cheap?



How did u become an engineer?
When did u register with NSE?
Did COREN give u the Engr title?
Re: Politics Of IGR And Economics Of Reality In Nigeria States by Ofemannnu: 10:58pm On Nov 11, 2024
mrvitalis:
Desert with bigger GDP than your state

Which school una dey go even
Is that why you are fleeing SE to the richer SW in millions?
Ohanaeze is worried. grin
Re: Politics Of IGR And Economics Of Reality In Nigeria States by mrvitalis(m): 11:00pm On Nov 11, 2024
Ofemannnu:
Is that why you are fleeing SE to the richer SW in millions?
Ohanaeze is worried. grin
Because you have ignorant n lazy people in South West to make easy money from
Re: Politics Of IGR And Economics Of Reality In Nigeria States by mrvitalis(m): 11:03pm On Nov 11, 2024
JagabanBorgu:
Quote ur source that IGR does not contribute to GDP or financial capacity of a state (because this is what I have been saying).
The difference between Lagos and any state in the SE is IGR, Lagos can undertake projects Anambra cannot because of it's huge IGR, it can access huge loans be because of that IGR.
IGR is important for societies not having abundance of huge resources, I said that before.


Secondly, any country priding itself as tax free has resources in abundance and low population that it can cater for.
Since IMO said so, what's stopping them from developing rapidly with profound infrastructures and social amenities or they said it because talk is cheap?



How did u become an engineer?
When did u register with NSE?
Did COREN give u the Engr title?
The difference between Lagos n other states is the economic activities based on government policy has nothing to do with infrastructure

If all. Lagos roads are bad people would still go to Lagos for business

U know what bros... Believe what u wish ooh goodnight
Re: Politics Of IGR And Economics Of Reality In Nigeria States by mrvitalis(m): 11:05pm On Nov 11, 2024
JagabanBorgu:
It's a good thing u said 90% of Buhari's projects were wants, give us a list of 20 of Buhari's projects that were wants please.


I already said borrowing money to build projects that don't progress ur society is bad so why are you repeating it?
Rails and roads are projects that will 100% generate more money and grow our society, if u say otherwise, u simply don't love the society.
Debts incurred from artificially defending the currency is a part of debt servicing.


U still don't get the analogy?
Those kids also have internet access, even rural areas have internet access so that data is flawed that's what I'm telling u, over 50% can't live in urban areas while only 37% have internet access and our national statistics have over 100m internet users, that statistics is flawed like the GDP stats.


U can't tell me I hate data when I work with data to be able to deliver a successful job, I have high hàtrèd for fIawed data and every sh!.tty figure is not data.


Now, are u registered with NSE?
How did u become an engineer?
No rail project in nigeria would generate 30% of its running cost not to talk of breaking even

Bros believe what you want ooh I don't have this time this night
Re: Politics Of IGR And Economics Of Reality In Nigeria States by Ofemannnu: 11:07pm On Nov 11, 2024
mrvitalis:
Because you have ignorant n lazy people in South West to make easy money from
lol
SW people that you should learn how to do bizness from?
Your people only come to the SW to hawk gala and chewing sticks in the traffic.
Laziness and incompetence have not allowed you to learn from the business savvy Yorubas.
Do you want to be known for only hawking?
Re: Politics Of IGR And Economics Of Reality In Nigeria States by mrvitalis(m): 11:18pm On Nov 11, 2024
Ofemannnu:
lol
SW people that you should learn how to do bizness from?
Your people only come to the SW to hawk gala and chewing sticks in the traffic.
Laziness and incompetence have not allowed you to learn from the business savvy Yorubas.
Do you want to be known for only hawking?
Ok 👌
Re: Politics Of IGR And Economics Of Reality In Nigeria States by EmekaA125(m): 11:36pm On Nov 11, 2024
JagabanBorgu:
The last time I checked, Anambra does not have the govt providing housing for the people rather it's the people outside Anambra that mostly comes back to build houses, something Akwa Ibom does not have.
In terms of what govt provides, Akwa Ibom has better road networks than Anambra, I'm sure they have cleaner environments, something that govt provides, I'm sure they have better infrastructures that govt provides compared to Anambra, I'm also sure that Akwa Ibom can undertake multi projects more easily than Anambra because they generate funds to back it even if it comes to taking loans.
The better workforce in Anambra is the quest to succeed and not be left behind in Anambra not something provided by the govt.
Akwa Ibom has scanty population with less economic activities. You can't compare the both. Anambra currently leads as the best in terms of road network. The rate of urbanization in Akwa Ibom is slow unlike Anambra. Apart from oil revenue, Akwa Ibom won't come close to Anambra in any indices of development.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by IGBOPROMISE1: 12:25am On Nov 12, 2024
JagabanBorgu:
Can u give us a list of those decisions and policies that the federal government carried out to benefit Lagos and deprive the states u mentioned?
*Lagos was the political/administrative and commercial/industrial capital of Nigeria for decades before and after ‘independence’! As the political/administrative capital was moved to Abuja in the early 90s, Lagos still remains the commercial/industrial capital of the country! The implication of this is that Lagos has become cosmopolitan and has benefitted massively from business and population inflows (both local and foreign) which as a consequence enabled it develop a self-sustaining economy!

*A disproportionate amount of infrastructure was built in Lagos to the exclusion and detriment of other states/regions. This occurred mainly during the oyel boom of the early 70s, after the war. Projects and infrastructure that readily come to mind are: national arts theatre, Iganmu; national stadium where FESTAC77 had its opening ceremony; Tincan port; federal secretariat; federal palace hotel; flyovers; Murtala Mohammed int’l airport; Tafawa Balewa square (formerly the national race course); 3rd mainland bridge, Carter bridge; etc-etc-etc!

After the war there was talk of implementing the 3Rs in the then East Central State to ‘assist the region recover from the war’! Now can you list what projects Gowon and those after him built in the spirit of the 3Rs?

*The entire country had to go to Lagos….now Abuja inclusive, in order to apply for visa to travel out!

*For decades Lagos was the only international gateway for the entire country! Presently Abuja, Port Harcourt and Kano have joined Lagos, while they grudgingly allowed AIIA, Enugu to serve ONLY Ethiopian airways in which anyone using it has to go via Addis-Ababa to wherever their final destination is! As we speak, the Buhari and now Tinubu gov’ts finished the new int’l terminals in the other airports while leaving the one for AIIA to gather dust and cobwebs!

*Lagos hosts the headquarters of banks and multinational coys in the manufacturing and oil and gas sector. These coys remit their PAYE deductions to the coffers of the Lagos State gov’t, thereby massively boosting its IGR! I’m sure you’ve heard oil producing states like Bayelsa and Akwa-Ibom complain that the headquarters of oil and gas multinational coys should be relocated to the Niger-delta where they operate? I’m also sure you’ve heard northern commentators argue that the planned tax review should ensure VAT is paid to the state where the operations of the coy concerned are located? They argue the way it’s presently set up would disproportionately favour Lagos to the disadvantage of others!
Re: Politics Of IGR And Economics Of Reality In Nigeria States by JagabanBorgu: 12:36am On Nov 12, 2024
IGBOPROMISE1:
*Lagos was the political/administrative and commercial/industrial capital of Nigeria for decades before and after ‘independence’! As the political/administrative capital was moved to Abuja in the early 90s, Lagos still remains the commercial/industrial capital of the country! The implication of this is that Lagos has become cosmopolitan and has benefitted massively from business and population (local and foreign) and inflows which as a consequence enabled it developed a self-sustaining economy!

*A disproportionate amount of infrastructure was built in Lagos to the point exclusion and detriment of other states/regions. This occurred mainly during the oyel boom of the early 70s, after the war. Projects and infrastructure that readily come to mind are: national arts theatre, Iganmu; national stadium where FESTAC77 had its opening ceremony; Tincan port; federal secretariat; federal palace hotel; flyovers; Murtala Mohammed int’l airport; Tafawa Balewa square (formerly the national race course); 3rd mainland bridge, Carter bridge; etc-etc-etc!

After the war there was talk of implementing the 3Rs in the then East Central State to ‘assist the region recover from the war’! Now can you list what projects Gowon and those after him built in the spirit of the 3Rs?

*The entire country had to go to Lagos….now Abuja inclusive, in order to apply for visa to travel out!

*For decades Lagos was the only international gateway for the entire country! Presently Abuja, Port Harcourt and Kano have joined Lagos, while they grudgingly allowed AIIA, Enugu to serve ONLY Ethiopian airways in which anyone using it has to go via Addis-Ababa to wherever their final destination is! As we speak, the Buhari and now Tinubu gov’ts finished the new int’l terminals in the other airports while leaving the one for AIIA to gather dust and cobwebs!

*Lagos hosts the headquarters of banks and multinational coys in the manufacturing and oyel and gas sector. These coys remit their PAYE deductions to the coffers of the Lagos State gov’t, thereby massively boosting its IGR! I’m sure you’ve heard oil producing states like Bayelsa and Akwa-Ibom complain that the headquarters of oil and gas multinational coys should be relocated to the Niger-delta where they operate? I’m also sure you’ve heard northern commentators argue that the planned tax review should ensure VAT is paid to the state where the operations of the coy concerned are located? They argue the way it’s presently set up would disproportionately favour Lagos to the disadvantage of others!
1. How does Lagos being the capital of the country done to detriment of others?

2. Those things u listed, were they built to deprive other states?
Those theatres, squares and bridges u mentioned, are they not built in other states and regions?


3. So going to Abuja to apply for visa was done to the detriment of other states?


4. Give us the range of the decade when Lagos was the only gate way to Nigeria. Do u realize the Buhari and Tinubu are the ones rebuilding the terminals in the first place?


5. The reason why Obi Cubana prefers building his tricycle factory in Lagos is the reason why other companies are putting their head quarters there, I never realized it was the FG doing that to deprive other regions.


After reading all what u have listed, I didn't see the part where u said those things were done to deprive other regions.
SE has bridges just like Lagos, has international airports, FMC, military barracks, POLAC and other so many many fed outfits like other regions.

Going by ur analysis, someone from Ogun, Kano, Benue, Kwara can wake and say FG favored Lagos to deprive their state.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by JagabanBorgu: 12:40am On Nov 12, 2024
EmekaA125:
Akwa Ibom has scanty population with less economic activities. You can't compare the both. Anambra currently leads as the best in terms of road network. The rate of urbanization in Akwa Ibom is slow unlike Anambra. Apart from oil revenue, Akwa Ibom won't come close to Anambra in any indices of development.
They have a larger land mass than Anambra and like u said which I'm not sure, scanty population so u don't expect rate of urbanization to be fast like a smaller Anambra with dense population.
Anambra is not even leading SE in terms of road network, so u can't lead Akwa Ibom.
The impact of IGR and related indices is the fact that what the govt can easily do in Akwa Ibom, Anambra govt can't do it.
All what u have been listening are not something done by govt rather the people.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by JagabanBorgu: 12:45am On Nov 12, 2024
mrvitalis:
No rail project in nigeria would generate 30% of its running cost not to talk of breaking even

Bros believe what you want ooh I don't have this time this night
U don't build rails to make profit from it, same way a govt don't build water facilities to generate the money spent on it, it is also same way a govt don't build school to generate money spent on it, it is also same way a govt don't build hospitals to generate money spent on it.
Govt don't build roads to generate money spent on it, so this logic of generating money spent on an infrastructure Suddenly appears when railways are involved because u are from a place that don't have railways is baffling.
Why don't u say that about roads?




A govt won't build a stadium and generate the money spent on it because in the course of generating money, another money goes into maintenance.

How u guys think when making analysis is something that needs to be seriously studied.




U still haven't listed just 20 of the "90% Buhari's projects that were just wants".
Anyways, let's reduce it to 10 since mentioning just one happens to be rocket science for u.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by JagabanBorgu: 12:49am On Nov 12, 2024
mrvitalis:
The difference between Lagos n other states is the economic activities based on government policy has nothing to do with infrastructure

If all. Lagos roads are bad people would still go to Lagos for business

U know what bros... Believe what u wish ooh goodnight
So what govt policies directed all economic activities from other states to Lagos?
Tell us the policy and the govt that made that policy.

We have let u guys circulate so much lies u make urseIves believe it to be true.

Which govt made economic policy directing economic activities to Lagos and what year was it made?
State it for us to hear.




How did u become an engr?
Was it COREN that gave u that title?
Re: Politics Of IGR And Economics Of Reality In Nigeria States by Buccalcavity2: 12:54am On Nov 12, 2024
mrvitalis:
You guys ideas of government and governance is weird

All over the world, or economic journals messure economy via GDP, GDP per capita you guys messure by IGR

All over the world, economic journals.. Governance is measured via improvement in MDGs goals ... You guys measure via what road? Lmaooo

It's funny comparing Akwa ibom ( the state I made my first millions) to Anambra Lmaooo... I would never put down Akwa ibom out side never
This guy. What is your obsession with GDP per capita? GDP is a good measure of productivity but just as you guys say, that it says nothing to an average man on the street. It is possible for GDP per capita to be more and poverty deepens! So what's the noise. Revenue is how that wealth (GDP) is redistributed - to truly impact the citizens!
Infrastructure impacts productivity. It's actually productivity multiplier.
Lagos is a perfect example. What is the meaning of Dangote refinery ($20 GDP growth) to a mile 2 dweller? But metro line is how he felt such growth.
Please stick to what you know.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by ariesbull(op): 5:49am On Nov 12, 2024
mrvitalis:
Even as an engineer I read economics for fun
Did MBA later, thinking of doing MSC and PhD later

I have never seen anywhere were revenue generated is used to rate or analyze an economy

The fact that Tax heavens exist makes this funny 🤣🤣
Or mineral based economy like Saudi, UAE, brunia Monaco and the rest that pride themselves as tax free regions or states

Banta or joke apart The Yoruba Nation needs to wake up and smell the coffee, they are slowly losing their love for education and it is showing
They have lost it....look at Ogun State with all the touted IGR is still very shitty and backward
Re: Politics Of IGR And Economics Of Reality In Nigeria States by ariesbull(op): 5:53am On Nov 12, 2024
mrvitalis:
Infrastructure being a necessity is where APC gets it wrong, that's why our economy keep tanking under them

The main essence of government is to make your people more comfortable

Light rail rides cost 2 dollars mostly to break even, why build something that you don't have population for

Instead of focusing on making your people richer you re building projects to brag about

If Lagos GDP per capita is 10k dollars or 15k dollars then light rail would become needed then you can build it... You are building light rail for people with income of less than 200 dollars a month... Then spend billions to keep it running
You are intelligent
Re: Politics Of IGR And Economics Of Reality In Nigeria States by EmekaA125(m):
JagabanBorgu:
They have a larger land mass than Anambra and like u said which I'm not sure, scanty population so u don't expect rate of urbanization to be fast like a smaller Anambra with dense population.
Anambra is not even leading SE in terms of road network, so u can't lead Akwa Ibom.
The impact of IGR and related indices is the fact that what the govt can easily do in Akwa Ibom, Anambra govt can't do it.
All what u have been listening are not something done by govt rather the people.
Same way Zamfara, Taraba, Kogi all have landmass 10X more than Anambra but we all know how less viable and economically stunted those states are. If it's by landmass, I doubt if Igbo will be a major tribe in Nigeria today. What drives economy is population and how enterprising or productive the State is.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by JagabanBorgu: 1:03pm On Nov 12, 2024
EmekaA125:
Same way Zamfara, Taraba, Kogi all have landmass 10X more than Anambra but we all know how less viable and economically stunted those states are. If it's by landmass, I doubt if Igbo will be a major tribe in Nigeria today. What drives economy is population and how enterprising or productive the State is.
I don't remember telling u that anything is by landmass rather I pointed out to u the negative effect it is having, how u understood that statement and said "...if it's by land mass..." Is what I don't understand, have I told u that it's by land mass or it's ur usuaI trîbaI èmpty bràiñ.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by ariesbull(op): 7:39pm On Nov 17, 2024
EmekaA125:
Not true.
Take for instance; Anambra and Akwa Ibom.

While Akwa Ibom State generates bigger IGR than Anambra, the latter has better housing, work force, and high human capital development index more than the former.
exactly

Germany has the highest IGR in Europe it Luxembourg has the best standard of living in Europe
Re: Politics Of IGR And Economics Of Reality In Nigeria States by ariesbull(op): 7:44pm On Nov 17, 2024
JagabanBorgu:
I don't remember telling u that anything is by landmass rather I pointed out to u the negative effect it is having, how u understood that statement and said "...if it's by land mass..." Is what I don't understand, have I told u that it's by land mass or it's ur usuaI trîbaI èmpty bràiñ.
Luxembourg has a higher standard of living compared to Germany despite the latter having a larger economy and higher internally generated revenue (IGR) due to several factors:

1. Higher GDP Per Capita

Luxembourg consistently ranks as one of the richest countries in the world in terms of GDP per capita due to its small population (around 650,000 people). A significant portion of its GDP comes from financial services, which have high value-added contributions per individual.


2. Strong Financial Sector

Luxembourg is a global financial hub with a high concentration of private banking, fund management, and investment services. This contributes to an outsized economic output relative to its population.


3. Favorable Tax Policies

The country’s tax policies attract multinational companies and wealthy individuals, boosting government revenue and enabling substantial investment in public services.


4. Smaller Population

With a smaller population to serve, Luxembourg can allocate more resources per capita to healthcare, education, infrastructure, and social services, directly impacting quality of life.


5. High Wages and Social Benefits

Luxembourg boasts some of the highest wages in Europe. Combined with robust social benefits and a low unemployment rate, residents enjoy a strong safety net.


6. Cross-Border Workforce

A significant portion of Luxembourg's workforce (around 50%) commutes daily from neighboring countries (France, Germany, and Belgium). This allows the country to benefit economically without the strain of housing and providing services for this population.


7. Efficient Public Services

Luxembourg invests heavily in modern infrastructure, public transport, and healthcare systems, ensuring a high quality of life.


8. Political and Economic Stability

The country has a long-standing tradition of political stability and prudent economic management, making it an attractive place to live and work.


9. Focus on Sustainability and Innovation

Luxembourg emphasizes sustainability, green technology, and innovation, fostering a progressive environment for residents.


In contrast, Germany, despite its larger economy and revenue, has a far larger population (over 83 million), which dilutes per capita resources and requires a broader allocation of services. Additionally, Germany’s economic model focuses on industrial production and exports, which, while generating high revenues, does not always translate directly into higher individual living standards.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by JagabanBorgu: 7:50pm On Nov 17, 2024
ariesbull:
Luxembourg has a higher standard of living compared to Germany despite the latter having a larger economy and higher internally generated revenue (IGR) due to several factors:

1. Higher GDP Per Capita

Luxembourg consistently ranks as one of the richest countries in the world in terms of GDP per capita due to its small population (around 650,000 people). A significant portion of its GDP comes from financial services, which have high value-added contributions per individual.


2. Strong Financial Sector

Luxembourg is a global financial hub with a high concentration of private banking, fund management, and investment services. This contributes to an outsized economic output relative to its population.


3. Favorable Tax Policies

The country’s tax policies attract multinational companies and wealthy individuals, boosting government revenue and enabling substantial investment in public services.


4. Smaller Population

With a smaller population to serve, Luxembourg can allocate more resources per capita to healthcare, education, infrastructure, and social services, directly impacting quality of life.


5. High Wages and Social Benefits

Luxembourg boasts some of the highest wages in Europe. Combined with robust social benefits and a low unemployment rate, residents enjoy a strong safety net.


6. Cross-Border Workforce

A significant portion of Luxembourg's workforce (around 50%) commutes daily from neighboring countries (France, Germany, and Belgium). This allows the country to benefit economically without the strain of housing and providing services for this population.


7. Efficient Public Services

Luxembourg invests heavily in modern infrastructure, public transport, and healthcare systems, ensuring a high quality of life.


8. Political and Economic Stability

The country has a long-standing tradition of political stability and prudent economic management, making it an attractive place to live and work.


9. Focus on Sustainability and Innovation

Luxembourg emphasizes sustainability, green technology, and innovation, fostering a progressive environment for residents.


In contrast, Germany, despite its larger economy and revenue, has a far larger population (over 83 million), which dilutes per capita resources and requires a broader allocation of services. Additionally, Germany’s economic model focuses on industrial production and exports, which, while generating high revenues, does not always translate directly into higher individual living standards.
I don't remember telling u that higher GDP or higher revenue translates to into higher individual living standards, u just typed a huge analysis that's not part of what I have been saying.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by Sheuns(m): 8:44am On Nov 18, 2024
Ofemannnu:
lol
SW people that you should learn how to do bizness from?
Your people only come to the SW to hawk gala and chewing sticks in the traffic.
Laziness and incompetence have not allowed you to learn from the business savvy Yorubas.
Do you want to be known for only hawking?
Guy. Let’s be honest. SE people are much better at business than SW people.
Re: Politics Of IGR And Economics Of Reality In Nigeria States by Ofemannnu: 6:29am On Nov 22, 2024
Sheuns:
Guy. Let’s be honest. SE people are much better at business than SW people.
How sir?
In all aspects,SW beats SE in business.
All facts and reality point to this fact.
SE are babies to SW in business.
1 2 Reply

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