zeroshadow:


All SW states are welcoming to all ethnic groups and foreigners

Acidosis:
Some see a good governor; but I see a failed administration; gross exploitation; & massive wickedness.

I am surprised seeing Lagosians celebrating their excellency's exploitation. What a country!

Tinubu must be smiling & laughing so hard wherever he is!

Funny thing is, most of the dwellers in so called "poor states" still live large and larger than Fashola's aides & worshippers.

You pay DSTV tax; you complain to your boss about your low salary; you spend 10hrs from Alausa to Ojodu; and then come online to praise your excellency.

Lol

Acidosis:
Some see a good governor; but I see a failed administration; gross exploitation; & massive wickedness.

I am surprised seeing Lagosians celebrating their excellency's exploitation. What a country!

Tinubu must be smiling & laughing so hard wherever he is!

Funny thing is, most of the dwellers in so called "poor states" still live large and larger than Fashola's aides & worshippers.

You pay DSTV tax; you complain to your boss about your low salary; you spend 10hrs from Alausa to Ojodu; and then come online to praise your excellency.

Lol

PassingShot:
Very good news we have here

A people who have failed to be prudent in times of surplus should not mind suffering the consequences of their financial recklessness.

If one takes a look at what this country has earned from "oyel" in the past decade alone and compare it to where we are, one would have no choice than to conclude that we have missed our golden opportunity to be great.

The careless spending, looting and corruption is done on a scale that makes you wonder if the stuupid leaders ever thought of tomorrow. Unfortunately the "tomorrow" is here with us now and we will suffer as a nation.

We can still get certain things right if we go back to the drawing board and do the needful by making our leaders accountable. And again, unfortunately the so-called youths whom you would expect to do the right things are even worse than the so-called looters of yesteryears.

makooma1:
Fasola I beg go show them for federal level on how to make money other than making it from crude oil.
No one is perfect but governor Fasola for what u have done in Lagos state, God will continue to bless you.EKO ONI BAJE.

Boss13:


Astute comment. I have not political affiliation but I believe in quality leadership and I am not finding that in Nigeria. In Lagos state where I reside and pay my taxes as a law abiding citizen I am yet to feel the impact of my contribution to the state. I only hear noises on my radio station and TV boxes but find it difficult to reconcile with the comments on TV to realities. Propaganda I must say, propaganda it is.

shizzleStar:
ogbeni will you shut up? away from my mentions with your iddiocy, abi are you high on shekpe?

oloriburuku somebody

Ttalk:


Who is talking about overtax?

The same people that are agitating for Jonathan to completely remove the fuel subsidy?

The same people that can afford the price of petrol even if its sold at N200

We will continue to puncture saTANist lies,

Can we then conclude that you enjoy being over taxed

Tell me reasons that would make a sane human run from a tax free region to the one that want to tax him to death

Ttalk:


Bro every of your statement has grossly exposed your level of intelligence, or maybe you erroneously ignore the truth.

And i wonder how person of your calibre will be a moderator of a prestigious platform as NL

Back to your request for the whereabout of the the surplus,

If you dont know the balance is being channel to finance her debt

tsolz1300:


my niccah, where av you been? I know you have been using a new moniker all these while
Have a blissful night rest my Yibeo friend
Amu ewu

kettykin:
Break Down of the IGR of Lagos

IGR from Banking, Insurance and Financial houses ---------- 20% ---------- Banking industry controlled by Delta igbos
IGR from Telecommunication firms and ISP ------ --- ------ 18%---------- MTN,Etisalat, Airtel foreign owned
IGR from Retail /Wholesale business ------- --- ---16% ----------- Retail and wholesale Business controlled by Igbos
IGR from the Oil and gas and service companies----- -- 30%------ Oil and Gas Industry is actually Niger Delta industry headquartered in Lagos
IGR from Dangote , BUA other top Northern businesses---- 7%------ Bulk importation of Sugar, Flour , Cement from the North
IGR from construction , Agents , land lords -------- 5% ------- construction , Agents , land lords controlled by ALL
IGR from taxi,Okada and bus drivers ------- 1%--------- Taxi , bus driving, Okada controlled by Yorubas and Aboka
IGR from tailors and agbo sellers --- ----- 0%--------- tailors and agbo sellers controlled by Yorubas
IGR from Baba Ijebu, bet9ja --- ---------- 1%---------- Baba Ijebu controlled by Yorubas
IGR from Hotels , bars, clubs , restaurants, eateries --- 2% -- controlled by ALL

kmariko:
An analysis of the most internal revenue generating state in Nigeria, from each region for 2013 showed that for the South-West region, Lagos led with N384.25 billion, South-South: Rivers N87.9 billion, South-East: Enugu N20.2 billion, North-Central: Kwara N13.83 billion, North-West: Katsina N6.85 billion, and North-East: Taraba N3.34 billion. /

geeez:


I've always tried to restrain myself from commenting on NL and just read through comments and refrain from commenting when someone types my mind but now I have to do this.

How is banking in Nigeria controlled by Delta Igbos?

You're just a fat lair and I've been following your irritating tribalistic and nauseating comments

FYI, Yorubas own and control most of banks in Nigeria from FBN to GTBank, Heritage, FCMB, Wema and Skye. Union and UBA are struggling in my opinion and Access still has a lot of Yorubas and Edos as owners

You can only lay claims to Zenith, Diamond and Fidelity

Now regarding the lies you posted as breakdown, you can click on the link below to see that Yoruba dominated businesses as well as foreign owned ones are the main sources of Lagos' IGR.

http://dailyindependentnig.com/2014/09/lagos-raked-n384b-revenue-2013/

Note that the SW got over 95% of FDIs into Nigeria last year because we've made the environment ideal for businesses to thrive.

And Ogun State currently generates over N6bn monthly from an average of N2.7bn monthly in 2013. It will take your erosion ravaged state 15yrs to catch up. Besides the state plans to generate an IGR of N10bn per month in 2015 which from all indications is possible

http://dailyindependentnig.com/2014/10/ogun-targets-n10b-monthly-igr/

And note that when Amosun became governor, the state was barely generating N730m monthly and he's still in his first term.

This was how Lagos started in 1999 and now everyone is rushing over to enjoy the benefits

Ttalk:


In other words you are saying they "will seek new ventures" but using old means, whatever way you look at it masses will still suffer.

The best way is to cut their wings, how do we do that, prosecute and jail corrupt fuel subsidy, thereby they will not infiltrate other sectors

Acidosis:
Some see a good governor; but I see a failed administration; gross exploitation; & massive wickedness.

I am surprised seeing Lagosians celebrating their excellency's exploitation. What a country!

Tinubu must be smiling & laughing so hard wherever he is!

Funny thing is, most of the dwellers in so called "poor states" still live large and larger than Fashola's aides & worshippers.

You pay DSTV tax; you complain to your boss about your low salary; you spend 10hrs from Alausa to Ojodu; and then come online to praise your excellency.

Lol

malele:
In 3yrs the revenue lagos generates is more than a trillion.
That money if used well, can transform a whole country.
Instead of people to ask what is happening, dey are busyy screaming eko oni baje o

ratiken:
What has Fashola used all the money for?
Where are the legacy projects?
Why toll gates after these huge funds?

Fashola is the most deceptive Nigerian politician and corruption personified.

shizzleStar:
^ tire ke? rara'o keep tryng

Olodo, fvck off my mentions you tiger-claw faced pig

jazzydee:
The Lagos State Government Tuesday put its total debt stock at a whopping value of N435 billion, which it said, covered the profile of four tranches of bond it used between 2009 and 2013 as well as funds from other internal and external sources.

The state government also listed diverse constraints, which it said, were undermining the implementation of the Fourth Mainland Bridge covering a distance of eight kilometres different from the road project of about 22 kilometres along the state corridor.

But the state’s debt profile was publicly disclosed yesterday during the 2014 budget analysis, which its Commissioner for Economic Planning and Budget, Mr. Ben Akabueze presented along with his counterparts in the Ministry of Works and Infrastructure, Dr. Obafemi Hamzat and that of Finance, Mr. Ayodeji Gbeleyi among others.

At the budget analysis that attracted enlightened stakeholders from the public sector and the media, the finance commissioner gave an explicit detail of the state’s debt profile, which he said, stood at a total value of N435 billion.

Gbeleyi, who spoke towards the end of the programme, disclosed that with regard “to our total debt stock today, we have about N435 billion, which is a net of N98 billion in sinking fund,” though the debt was sustainable.

He said the state government “has a total of four tranches of bond it issued. The first one is N50 billion for five year tenure issued in 2009 and will mature in 2014. The second tranche is N57.5 billion issued in 2010. It is a seven-year bond and will mature in 2017.”

He also put the third tranche at a value of N80 billion, which he said, was issued “in 2012. It will mature in 2019. The last tranche of bond is N87.5 billion issued in 2013. It has a tenure of seven years and will mature in 2020.”

http://www.thisdaylive.com/articles/lagos-incurs-n435bn-debt-in-five-years/169996/

kettykin:
Break Down of the IGR of Lagos

IGR from Banking, Insurance and Financial houses ---------- 20% ---------- Banking industry controlled by Delta igbos
IGR from Telecommunication firms and ISP ------ --- ------ 18%---------- MTN,Etisalat, Airtel foreign owned
IGR from Retail /Wholesale business ------- --- ---16% ----------- Retail and wholesale Business controlled by Igbos
IGR from the Oil and gas and service companies----- -- 30%------ Oil and Gas Industry is actually Niger Delta industry headquartered in Lagos
IGR from Dangote , BUA other top Northern businesses---- 7%------ Bulk importation of Sugar, Flour , Cement from the North
IGR from construction , Agents , land lords -------- 5% ------- construction , Agents , land lords controlled by ALL
IGR from taxi,Okada and bus drivers ------- 1%--------- Taxi , bus driving, Okada controlled by Yorubas and Aboka
IGR from tailors and agbo sellers --- ----- 0%--------- tailors and agbo sellers controlled by Yorubas
IGR from Baba Ijebu, bet9ja --- ---------- 1%---------- Baba Ijebu controlled by Yorubas
IGR from Hotels , bars, clubs , restaurants, eateries --- 2% -- controlled by ALL