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Top 6 Sources Of Anambra State's IGR — 2024 - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsTop 6 Sources Of Anambra State's IGR — 2024 (23030 Views)

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Re: Top 6 Sources Of Anambra State's IGR — 2024 by HydraFeeds(m): 6:14pm On Jul 17, 2025
Amumaigwe:
Illiteracy does not have shame again. It is the dividend from those shares that are worth 'next to nothing' that yielded over #300mils in one year to Anambra Stsae. Education should come before you can be effective in your job as an 'online troll'.
If not for anti spam bot , I know what to say to you but I know people that lacks home training , actually ignorant ,do not verify facts, gulps propaganda from n so bu day and night , don't have a job but always online trying to insult others instead of arguing intelligently and have whatsapp groups where they were paid peanuts , co ordinates how to take over by fire by force are the one trying to gaslight others .

A simple google search would have cured your ignorance but I will save you the mental stress since your i q is actually limited .

Here's a video that correctly analyse what I'm talking about , Obi spoke about investment in stocks and foreign Exchange then Soludo responded that his investment are worth next to nothing . No where was Breweries mentioned but foreign savings were actually mentioned .

[url]https://www.google.com/search?q=soludo+said+obi+investment+is+next+to+nothing&oq=soludo+said+obi+investment+is+next+to+nothing&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigAdIBCTEyMzUzajBqN6gCALACAA&sourceid=chrome&ie=UTF-8#fpstate=ive&vld=cid:f1fa9721,vid:NOSoNjNHFV8,st:0[/url]
Re: Top 6 Sources Of Anambra State's IGR — 2024 by Goldforever: 6:18pm On Jul 17, 2025
First and 4most who posted this and who answered verify before bring the birthright lair in?
Re: Top 6 Sources Of Anambra State's IGR — 2024 by 12345baba(m): 6:23pm On Jul 17, 2025
AKWATGOLD1:
Am surprised with these statistic because the annual IGR from those banks mentioned is =N=6B annually and let assume that International Brewery been highest tax in Anambra state contributed another =N=6B annually all together make it =N=12B. This shows that the state solely depend on FAAC to survive. The state IGR is nothing to write about.
which school u go? Ur teachers did a poor job on u, they said 6 highest not only 6 , there are other sectors there that brings in igr there, the nnewi spare parts, onitsha main market and others. Pls go back to school
Re: Top 6 Sources Of Anambra State's IGR — 2024 by Reference(m):
Tjra:
Revenue from FirstBank alone is worth more than the brewery almost 5 times.

Just imagine how developed Anambra would have been had Obi given priority to critical sectors of the economy.

If private institutions can generate this much, then imagine how much more the state would make if he made the state very conducive for more companies to clock in.

Government have no business investing in private businesses, just basic amenities and critical infrastructures and watch the private sectors do their magic.
This is absolutely ignorant talk. Or perhaps a hash of the famous saying of which the correct iteration is: 'Government has no business running a business'.

Government running, owning enterprises has always been a no, no in these parts for reasons that have been over flogged.

However Government should absolutely be at the forefront of investing in enterprise. As a matter of fact it does so on a daily basis and in Nigeria this constitutes a substantial part of our GDP, through the infamy I call 'Contracting'.

When government builds roads, rail lines, water projects, hospitals, schools, etc, it is investing in the companies that execute these, often public and private owned enterprises.

What government should do in addition to this particularly in a depressed economy such as ours presently is to invest in sectors that can stimulate job and enterprise creation particularly those enterprises that deliver import substitution to help support the naira and sectors that produce goods and services of extensive demand to help reign in inflation.

The key here is that once these enterprises are seeded and grounded then government sells them off, recovers it's investment and moves onto the next fallow ground.

This is how the great economies of the West and East launched out. Name them. The great global brands. They all either had government seeding, patronage or subsidies to become global giants. From Volkswagen to Hyundai to Tesla/Space X.

So meaning that government has no business in business does not exist anywhere on earth. Rather say, government has no business running businesses then I would agree to that.
Re: Top 6 Sources Of Anambra State's IGR — 2024 by yommen:
Chochocho:
Thought they were blaming Peter obi for the investment
His only legacy! It's a very shameful you can still blarb when it is Soludo that is now really giving Anambra good roads.

For your information, Lagos made N584 Billion in only Q1 2025 in IGR from BRT alone. The meaning is that by end of 2025, EKO go don make over N2.3Trillion in IGR from BRT alone. Meanwhile, Anambra International Brewery Plc is claimed to have only paid N656.5 Million Naira across 2023 and 2024.

What this means is that what Anambra made from the international brewery in 2 years is what Lagos BRT generated in 4 months. Can you beat that? LAMATA that operates BRT was inaugurated by Tinubu in 2002 in his first term in office. TINUBU no be Obi mate, I dey tell you. Stop playing here Bro.

Re: Top 6 Sources Of Anambra State's IGR — 2024 by bigpicture001: 6:37pm On Jul 17, 2025
HydraFeeds:
If not for anti spam bot , I know what to say to you but I know people that lacks home training , actually ignorant ,do not verify facts, gulps propaganda from n so bu day and night , don't have a job but always online trying to insult others instead of arguing intelligently and have whatsapp groups where they were paid peanuts , co ordinates how to take over by fire by force are the one trying to gaslight others .

A simple google search would have cured your ignorance but I will save you the mental stress since your i q is actually limited .

Here's a video that correctly analyse what I'm talking about , Obi spoke about investment in stocks and foreign Exchange then Soludo responded that his investment are worth next to nothing . No where was Breweries mentioned but foreign savings were actually mentioned .

[url]https://www.google.com/search?q=soludo+said+obi+investment+is+next+to+nothing&oq=soludo+said+obi+investment+is+next+to+nothing&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigAdIBCTEyMzUzajBqN6gCALACAA&sourceid=chrome&ie=UTF-8#fpstate=ive&vld=cid:f1fa9721,vid:NOSoNjNHFV8,st:0[/url]
Soludo was directing his attack on the refinery...

He is just anti Obi...
Re: Top 6 Sources Of Anambra State's IGR — 2024 by Azmanaty: 6:47pm On Jul 17, 2025
akpumping7720:
Nigerians and emotions are 5 and 6. Not facts and logic.
A man whose only laudable achievement is a brewery is competent and should become the president.
But the man who laid the blue print for a mega state. Built millennium schools attract investors and invest in security (RRS) to the extent that the former resides in the latter's state after his tenure shouldn't be the president and is incompetent.
It's quite laughable how some folks thinks Lagos started in 1999 when Tinubu became the governor. I guess you weren't born prior 1999 or haven't been to Lagos before then.
Re: Top 6 Sources Of Anambra State's IGR — 2024 by ceejayluv(m): 6:48pm On Jul 17, 2025
givedemwotowoto:
So the breweries are generating a lot of revenue for Anambra? No wonder PO invested in it. He understood the local industry. That's what it takes to be a good President, understand the country you're leading, and what will bring money and opportunities for your country
And some Governor claimed the State's shares are worth "Next to nothing".
Re: Top 6 Sources Of Anambra State's IGR — 2024 by PHIPEX(m): 6:51pm On Jul 17, 2025
AKWATGOLD1:
Am surprised with these statistic because the annual IGR from those banks mentioned is =N=6B annually and let assume that International Brewery been highest tax in Anambra state contributed another =N=6B annually all together make it =N=12B. This shows that the state solely depend on FAAC to survive. The state IGR is nothing to write about.
You are wrong, First bank's turnover/revenue crossed 1trillion. Note, there is nothing like IGR for a private company, it's called revenue simple

Re: Top 6 Sources Of Anambra State's IGR — 2024 by Reference(m): 6:53pm On Jul 17, 2025
yommen:
His only legacy! It's a very shameful you can still blarb when it is Soludo that is now really giving Anambra good roads. Do you Very shameless people. Do yo
In principle, investing in the tools that generate income is sound governance. Yes, infrastructure is important but looking at that list, imagine what it will be if those private concerns were not paying tax, the government will have zero IGR.

But while we are saying government should not own banks or breweries, investing in enterprises to create them and then receive taxation or royalty from them is sound economics.

Soludo may build all the roads in the world but when they are due for maintenance he will need revenue to do that. Then the question will be, why are there not more companies paying tax.

What we should be saying is why did Obi not invest much more and in many more companies. You can imagine what the IGR will be by now.

Yes we all want blanket social investments in roads, schools and hospitals to give the public fish to eat, but it is even more imperative to invest in fishing nets.
Re: Top 6 Sources Of Anambra State's IGR — 2024 by Mushmush: 6:54pm On Jul 17, 2025
Tjra:
Revenue from FirstBank alone is worth more than the brewery almost 5 times.

Just imagine how developed Anambra would have been had Obi given priority to critical sectors of the economy.

If private institutions can generate this much, then imagine how much more the state would make if he made the state very conducive for more companies to flock in.

Government have no business investing in private businesses, just basic amenities and critical infrastructures and watch the private sectors do their magic.
You nailed it. I wonder what he was excited about. Investing in that brewery was a terrible decision
Re: Top 6 Sources Of Anambra State's IGR — 2024 by Mushmush: 6:56pm On Jul 17, 2025
PHIPEX:
Obi was right afterall, kudos to him and his breweries

They said his breweries was useless and worthless, yet it is the top earner to the state after the Banks. Ignorant minds who could not successfully run a kiosk spend days mocking Obi for investing in breweries
Stop being delusional. That's the revenue they generated in one year. Is that what you are heaping praises on? You are delusional
Re: Top 6 Sources Of Anambra State's IGR — 2024 by Azmanaty: 7:01pm On Jul 17, 2025
Tjra:
Soludo is doing well even though he can do better. He doesn't claim to be a Messiah like the man who claims to know it all but whose track records says otherwise.
Just like Tinubu who claims he will handle economy while shettima handles security. We have seen how the economy and security is faring. The joke is on you nitwits
Re: Top 6 Sources Of Anambra State's IGR — 2024 by Honestey: 7:02pm On Jul 17, 2025
This is why we need Obi, every state should have breweries, let everyone drink and forget about hardship
Re: Top 6 Sources Of Anambra State's IGR — 2024 by tiwasiaife(m): 7:06pm On Jul 17, 2025
Tjra:
Revenue from FirstBank alone is worth more than the brewery almost 5 times.

Just imagine how developed Anambra would have been had Obi given priority to critical sectors of the economy.

If private institutions can generate this much, then imagine how much more the state would make if he made the state very conducive for more companies to flock in.

Shameless man
First bank has over 50 branches in Anambra and was established in 1894
While Brewery has one branch and was established in 2010.

One is over 100yrs and another is just 15yrs.
Get sense and be useful.

Government have no business investing in private businesses, just basic amenities and critical infrastructures and watch the private sectors do their magic.
Re: Top 6 Sources Of Anambra State's IGR — 2024 by safarifarms(m): 7:21pm On Jul 17, 2025
Tjra:
Revenue from FirstBank alone is worth more than the brewery almost 5 times.

Just imagine how developed Anambra would have been had Obi given priority to critical sectors of the economy.

If private institutions can generate this much, then imagine how much more the state would make if he made the state very conducive for more companies to flock in.

Government have no business investing in private businesses, just basic amenities and critical infrastructures and watch the private sectors do their magic.
Nothing can ever satisfy you guys. Financial institutions are the highest revenue generating institutions in the country. And most of them are much more older than the brewery and have national and some even international spread which boast their goodwill and capacity. Obi's govt invested brewery happens to be the topmost revenue generating coy of all indigenous coys and you are here trying to shift the narrative because it doesn't suit APC's lies and evil agenda.

When you say critical infrastructure do you mean the billions spent on renovating the VPs residence? Or is it buying hatch for the president and new armored vehicles for the office of the first lady that is not a statutory office?

Or the one APC spends on aso rock clinic but its still not fit for the president to use


One day your hatred will find you.
Re: Top 6 Sources Of Anambra State's IGR — 2024 by safarifarms(m): 7:25pm On Jul 17, 2025
akpumping7720:
Nigerians and emotions are 5 and 6. Not facts and logic.
A man whose only laudable achievement is a brewery is competent and should become the president.
But the man who laid the blue print for a mega state. Built millennium schools attract investors and invest in security (RRS) to the extent that the former resides in the latter's state after his tenure shouldn't be the president and is incompetent.
You guys with lies. He built Lagos, he built Lagos. Now he has Nigeria and the cement finished. Na blue print we go chop?
Re: Top 6 Sources Of Anambra State's IGR — 2024 by danietohbadt(m): 7:36pm On Jul 17, 2025
Tjra:
Revenue from FirstBank alone is worth more than the brewery almost 5 times.

Just imagine how developed Anambra would have been had Obi given priority to critical sectors of the economy.

If private institutions can generate this much, then imagine how much more the state would make if he made the state very conducive for more companies to flock in.

Government have no business investing in private businesses, just basic amenities and critical infrastructures and watch the private sectors do their magic.
Based on your analysis, it can be deduced that your comment lacks credibility because banks are operated and established in all states of the federation.

For Obi as a Governor to have started a brewery and till date, no other Governor has done close to what he did, in terms of capital formation, shows clearly how business oriented he is.

Banks are are private businesses and you'd find them in nearly every corner of the country.

Now ask yourself, going by your argument, what has Soludo done to bring investments into Anambra?

Just so you'd know, Obi is a stakeholder at Fidelity Bank.
Re: Top 6 Sources Of Anambra State's IGR — 2024 by danietohbadt(m): 7:39pm On Jul 17, 2025
adioolayi:
Why Peter Obi come make false assertion say na the Brewery dey pay highest tax in Anambra Statehuh


This rebuttal aside...why is it that Anambra State Government always have that habit of going against whatever Peter Obi sayshuh

This speaks volume ...Peter Obi is not even a respected elder in his own very State of Origin.

It's a big concern.

For example, a Fayose, Saraki will not say something and their State Government will debunk it...even if na lie, the State Government will have to find a way to manage it.

Peter Obi's own get as e be jare
That brewery is the only indigenous company on the list.

They only ended up justifying what he said.
Re: Top 6 Sources Of Anambra State's IGR — 2024 by thatigboman: 7:55pm On Jul 17, 2025
akpumping7720:
Aside the brewery being an indigenous company. What else?
it is an industry.
Re: Top 6 Sources Of Anambra State's IGR — 2024 by thatigboman: 8:03pm On Jul 17, 2025
What do banks produce?
A bank's profit is merely the difference the amount the bank collects from depository minus the amount it generates from giving out the depositors money as loans + other services it provides - cost of providing services.
Banks are financial service providers, they collect money from people and redistribute the money and make profit. They don't produce nothing. It is industries that produce.
Re: Top 6 Sources Of Anambra State's IGR — 2024 by thatigboman: 8:08pm On Jul 17, 2025
Many states have stopped producing and have turned themselves to services states. Go to places like Asaba, they don't produce nothing. Companies are folding, they are just building hotels and doing yahoo yahoo.. in minna companies like mona juice have folded and turned to churches or criminal hideouts. In kaduna, textile companies have folded. Before, you go to kaduna and buy quality shoes, now the shoes sold in kaduna are imported from India. And much more
Re: Top 6 Sources Of Anambra State's IGR — 2024 by PHIPEX(m): 8:16pm On Jul 17, 2025
Mushmush:
Stop being delusional. That's the revenue they generated in one year. Is that what you are heaping praises on? You are delusional
You are actually the delusional one here, go back and read it again properly and slowly
Re: Top 6 Sources Of Anambra State's IGR — 2024 by ada9ja(f): 8:20pm On Jul 17, 2025
adioolayi:
Why Peter Obi come make false assertion say na the Brewery dey pay highest tax in Anambra Statehuh


This rebuttal aside...why is it that Anambra State Government always have that habit of going against whatever Peter Obi sayshuh

This speaks volume ...Peter Obi is not even a respected elder in his own very State of Origin.

It's a big concern.

For example, a Fayose, Saraki will not say something and their State Government will debunk it...even if na lie, the State Government will have to find a way to manage it.

Peter Obi's own get as e be jare
I think he meant Anambra indigenous company
Re: Top 6 Sources Of Anambra State's IGR — 2024 by OfficialP: 8:25pm On Jul 17, 2025
HydraFeeds:
Wrong , he said the money invested in stocks , not the investment in breweries , moreover ,Anambra has just a fraction of that breweries since it's owned by private firm .
Wrong. He said obi's investment is worth next to nothing.

The brewery is an investment
Re: Top 6 Sources Of Anambra State's IGR — 2024 by Elusive001: 8:38pm On Jul 17, 2025
akpumping7720:
Aside the brewery being an indigenous company. What else?
It employs many people. It may even have more employees than first bank in Anambra.
Re: Top 6 Sources Of Anambra State's IGR — 2024 by Ofunaofu: 8:44pm On Jul 17, 2025
akpumping7720:
Nigerians and emotions are 5 and 6. Not facts and logic.
A man whose only laudable achievement is a brewery is competent and should become the president.
But the man who laid the blue print for a mega state. Built millennium schools attract investors and invest in security (RRS) to the extent that the former resides in the latter's state after his tenure shouldn't be the president and is incompetent.
You forgot to mention that the man you claimed built the blueprint also constructed a conduit pipe connecting the coffers of the Lagos State Treasury to his personal pocket, siphoning and milking the entire commonwealth of Lagosians for over two decades and counting.
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