₦airaland Forum

Shebi they have money

Good. Loan is bad

What about that 100bn loan?

NWANNE, WEN WE TELL THEM, WE ARE DIFFERENT, THEY DONT UNDERSTAND.


WHEN WE TELL THEM, WE AR THE JAPAN AND DUBAI OF AFRICA THEY DONT UNDERSTAND.

TRUTH IS, THEY NEED US AND WE DONT NEED THEM.



THEY ARE HOLDING US BACK WITH THEIR CONFUSINON, CORRUPTION AND CONFLICTION.

Kingosytex:
Lagos would have done same, but over 60% the internationally generated IGR is in someone's pockets
Baba is hoarding money for 2027.

Lagos that have been getting fund from the capital market especially bonds that runs I'm billions. And the highest indebted state in Nigeria.

THE ANAMBRA MAN, IS FAR FROM LAZY.


THE VISION IS ALWAYS VERY CLEAR AND EVEN WITH OBSTACLE, HE WILL STILL ARRIVE AT HIS GOAL.



REMOVE THE OBSTACLE AND WATCH HIM EXCEL.


IFE EJI ABU ONYE ANAMBRA ERIKA

Emmanuel900:
What's wrong with taking loan ?
There's nothing wrong with loan as long as it will be use for something productive.

You think Dangote would be able to built that refinery without loans even though he is the richest man in Africa?

You are just financially daft, there's no rich business man in the world that is not taking loan in fact there's no developed country in the world without debts even China, taking loans give you access to more funds and increase your productivity, no wonder Oyo state have more VAT than the whole East, It is stupid thing that won't increase your productivity that you propagate and celebrate.

You people have poor understanding of what VAT is all about. It's not Oyo money rather money taken from Oyo people by FG for consuming goods

OKEIYIOKODU:
Lagos that have been getting fund from the capital market especially bonds that runs I'm billions. And the highest indebted state in Nigeria.

You go cry tire. Na big man bank dey give loan, no be wretched men.

Bestmanfornow:
VAT on paper while nothing is happening in Oyo, that is why you region is most indebted region you guys never see anything wrong in borrowing living fake life you borrow to do Owambe, come to Anambra and see massive projects going without borrowing when you are busy shouting VAT and IGR up and down on social media, Anambra state economy is far bigger than Oyo, Otondo VAT doesn't measure economy

These people are economic illiterates

AustineE1:
One of the greatest things that happens in a life of a state or organisation,is to have the right foundation.Anambra state has been programmed in such a way that any governor that comes in,must either continue with the existing foundation laid by Peter Obi or try to even do better in financial management as set by Peter Obi...Kudos to Prof.Chukwuma Soludo for continuing in this trajectory,he has truly proven himself as a former world bank director and a renowned economist extraordinaire.This is a case of a round peg in a round hole.

I don't know how people think in this part of the world because there's nothing worth celebrating in not taking loans to invest in ventures that return revenue for the state. This is the reason Lagos State will forever remain the richest state in Nigeria.

Listen - everyone takes loans, including the world's richest people. He who goes borrowing goes sorrowing is the dumbest statement I've heard.

Emmanuel900:
Anambra is far bigger but couldn't measure up to Oyo in both VAT and IGR, you are just a typical simpleton lol

Right now there is almost no big business in Nigeria without a base in Ibadan Oyo state, check very well you will always see Ibadan among list of bases of business that are present in Abuja and Lagos.

It is statistics like VAT that determine where some businesses will situate their base in Nigeria because high VAT signal the level of products being purchase in a state.

Stop disgracing yourself. Economy is measured by GDP all over the world and Oyo is far below Anambra in GDP

Peter Obi to the world. Where are the agbadorians who said Obi mismanaged Anambra. Where are they, I dey gate dey wait for them for fight

Proud to be called an Anambrarian

Anambra kachaanu! Abba mma mma nu!

ANAMBRA WILL STEADILY BE GROWING FOREVER, BECAUSE WE HAVE NOT MORTGAGE THE FUTURE GENERATION ON THE ALTAR OF LIVING FAKE LIFE.

WEN WE WANT TO BUILD AIRPORT, WE CUT OUR COAT ACCORDING TO OUR SIZE.

IN THE FUTURE WE WILL MAKE IT BIGGER WITH SECOND TERMINAL.


INSTEDA OF LOAN SOLUDO, BUDGETED WHAT HE HAS AND IS USING IT TO BUILD PROJECT OF THAT SIZE.


THE BIGGER PROJECTS CAN COME LATER.


APC SHOULD PLEASE STAY CLEAR OF ANAMBRA, THIS STATE IS NOT YOUR AVERAGE APC STATE, WHERE RATS AND LIZARD DEY DO AJASCO.


THEIR IS FISCAL DISCIIPLINE IN ANAMBRA BACKED BY A PRUDENT MONETARY POLICY OF NO LOANS.


APGA KA GA SOO

No state is suppose to be borrowing in the first place if not for looting and embezzlement

Wow, that is great.Those loans and their huge interests can be overwhelming.A state in the country had a debt
that resulted in Nigerian airlines and properties being confiscated abroad.Hope we are all learning.Kudos to Anambra state government for refusing the loans.

viccy12:
It's very deplorable what Tinubu family and their cronies are doing today that state. It's like they swear it will never be well with Lagos sate. That state generates so much money it should be competing with Johannesburg, SA. But because of Tinubu Lagos is a cesspit enabled by tribal bigots who are more concerned with Igbo business than how Lagos is ran....pitiful

Yet, all the Emeka and chuckwdi of this world cannot do without coming to Lagos!
They emigrated from the Dubai Obi built to Lagos!

It is not by emotion and chest beating

I no dey understand Nigerian constitution again. Is FCT one of the federating states in Nigeria? If yes, why doesn't it have an elected governor? If no, why is it collecting loans with other states? Who signed off the loan from the world bank, BAT or Wike? We dey like confuse ourselves for this country. These might be fallouts from 2023 election

This is good. I'm sure this is facilitated by Peter Obi's genius investment in Hero Beer and that's why some people quickly and cleverly inserted his name in the conversation .

I repeat what I have said time and time again, it is ignorant people that celebrate not taking loans when you are in desperate need of development.

Lol

Bestmanfornow:
No be to make noise about fabricated IGR and you can't fund a project without borrowing, come to Anambra state and see massive projects going on across the state despite the fact the governor is yet to borrow a kobo from anywhere,, Gov Soludo has so far reduced Anambra state debt by 58% from 2023-2024, recruited 8115 teachers and 1350 medical personnel, declared free education from primary to secondary, free antenatal care and child delivery across government hospitals in the state, empowered thousands of youths

This is the kind of person to be president of Nigeria.

micflo28:
Peter Obi to the world. Where are the agbadorians who said Obi mismanaged Anambra. Where are they, I dey gate dey wait for them for fight

OBI STARTED THE WHOLE THING OFF.


HE IS THE PACE SETTER, THE STANDARD INTRODUCER AND THE PERFECT EXAMPLE.

There is nothing wrong in taking a good loan provided it's for production and not consumption.

It's actually foolish not to take a good loan

Anambra is not yet the Dubai of Africa and can't afford to reject a good loan to fast track its developmental trajectory

NOETHNICITY:
Yet, all the Emeka and chuckwdi of this world cannot do without coming to Lagos!
They emigrated from the Dubai Obi built to Lagos!

It is not by emotion and chest beating

The loan borrowed by Lagos ends in Emeka's pocket. He imports champagne for your thieving politicians and pack your money

WHICH STATE IN SE IS OUT PERFORMING ANAMBRA?


NONE!



RATHER IF WE BUILD, THEY FOLLOW THEIR FIRST BORN.

Bestmanfornow:
No be to make noise about fabricated IGR and you can't fund a project without borrowing, come to Anambra state and see massive projects going on across the state despite the fact the governor is yet to borrow a kobo from anywhere,, Gov Soludo has so far reduced Anambra state debt by 58% from 2023-2024, recruited 8115 teachers and 1350 medical personnel, declared free education from primary to secondary, free antenatal care and child delivery across government hospitals in the state, empowered thousands of youths

Wonderful!

He is supposed to be Man of The Year. But This is always given to Highest Bidder.

This Governor is good,and other governors needs to understudy his blue print of administration. Not noise making.

All this na cheap propaganda


Nothing bad if they accept the loan and use it rightly

viccy12:
It's very deplorable what Tinubu family and their cronies are doing today that state. It's like they swear it will never be well with Lagos sate. That state generates so much money it should be competing with Johannesburg, SA. But because of Tinubu Lagos is a cesspit enabled by tribal bigots who are more concerned with Igbo business than how Lagos is ran....pitiful

Well said brother 🙏

Bestmanfornow:
Anambra State is the only state among all the states in Nigeria to reject a World Bank loan in 2024,
Anambra State has once again set the pace as the only state out of Nigeria’s 36 states to opt out of the 2024 World Bank loans (NG-CARES).

Governor Chukwuma Soludo, in his latest statement, emphasized the state's financial transformation under his administration.

"We have been able to reengineer the state finances from a financial struggle state to a financially sustainable state," he declared.

This bold move signals Anambra’s growing economic independence and strategic fiscal management, ensuring a future free from unnecessary debt burdens.

Is Anambra the best state to live in now.Borrowing is not bad but when you don't utilize it for the purpose, became bad.