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Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR - Politics (4) - Nairaland

Nairaland Forum › Nairaland General › Politics › Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR (16710 Views)

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Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by lawani(m): 7:02am On Dec 04, 2025
IbomFinest:
Nonsense!
Return resources to States and come back to check which would be able to find or not
Even with the oil money, no Niger Delta state can raise the money that can be raised in Kano or Lagos if those states are serious. Population is money. Igr is however taxes collected from industry not free oil money
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by aswani(m): 7:08am On Dec 04, 2025
lawani:
There is no state that can not generate revenue. Most states have over 1.5 million people having income and hundreds of thousands of real estate. They used revenue figures already generated and Enugu is ahead. If other states lack drive, vision and etc who do you blame?
Enugu is not ahead anything, let's see proof.

This StatiSense thing is pure BS.
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by Masterstroke4: 7:26am On Dec 04, 2025
IGBOPROMISE1:
So what’s the difference between sufficient and self-sufficient!? huh
Sufficient means having enough or meeting a need, while self-sufficient means being able to meet one's own needs without external help.

Think of it like this: having enough food (sufficient) vs growing your own food (self-sufficient)! 🌱
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by Ttipsy(f): 11:58am On Dec 04, 2025
aswani:
Enugu is not ahead anything, let's see proof.

This StatiSense thing is pure BS.
rubbishhhh
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by aswani(m): 12:36pm On Dec 04, 2025
Ttipsy:
rubbishhhh
I agree, rubbish fake StatiSense post.
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by Ttipsy(f): 1:58pm On Dec 04, 2025
aswani:
I agree, rubbish fake StatiSense post.
i am referring to ur comments
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by aswani(m): 2:10pm On Dec 04, 2025
Ttipsy:
i am referring to ur comments
That is impossicant!

You leave di rubbish StatiSense post dey complain about my beta comment, you dey ok so?
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by Trojan8(m): 3:51pm On Dec 04, 2025
lawani:
Even with the oil money, no Niger Delta state can raise the money that can be raised in Kano or Lagos if those states are serious. Population is money. Igr is however taxes collected from industry not free oil money
Funny guy. Some of you DON'T understand how key oil money is to the Nigerian economy. That is the only reason you would type this in public.
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by lawani(m): 3:55pm On Dec 04, 2025
Trojan8:
Funny guy. Some of you DON'T understand how key oil money is to the Nigerian economy. That is the only reason you would type this in public.
This year the total of the oil money maybe like 25 billion dollars or less. For all tiers of government. Lagos, if they tax themselves like Europe can make more than that in a year
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by Trojan8(m): 4:17pm On Dec 04, 2025
lawani:
This year the total of the oil money maybe like 25 billion dollars or less. For all tiers of government. Lagos, if they tax themselves like Europe can make more than that in a year
Lol, let's play around some numbers. Shall we?

Nigeria's economy is projected at around $280bn. Oil and gas sector is around 6% of this number which is around $17bn. Let's say outside of the O&G and mining sector, the Nigerian economy is around $250bn. Now you claim, Kano and Lagos can tax themselves into being richer than Niger Delta States. For Lagos, there is obviously an argument to be had based off it being a commercial hub. What would Kano tax exactly to generate those numbers?
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by lawani(m): 4:21pm On Dec 04, 2025
Trojan8:
Lol, let's play around some numbers. Shall we?

Nigeria's economy is projected at around $280bn. Oil and gas sector is around 6% of this number which is around $17bn. Let's say outside of the O&G and mining sector, the Nigerian economy is around $250bn. Now you claim, Kano and Lagos can tax themselves into being richer than Niger Delta States. For Lagos, there is obviously an argument to be had based off it being a commercial hub. What would Kano tax exactly to generate those numbers?
If Kano state want 10 billion dollars a year revenue they can get it from their GDP. No Niger Delta state even if they take all their oil can manage that
Re: Only 3 States Would Be Able To Fund 2025 Recurrent Expenditure Budget With IGR by IGBOPROMISE1: 10:53pm On Dec 04, 2025
Masterstroke4:
Sufficient means having enough or meeting a need, while self-sufficient means being able to meet one's own needs without external help.

Think of it like this: having enough food (sufficient) vs growing your own food (self-sufficient)! 🌱
Can’t argue with this explanation!
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