BuddahMonk:
Its no longer news that the price of oil the only source of revenue have nosedived, its a global phenomenon so let's not dwell in pointing accusing fingers in every direction.

The problems is here so let's seek our ways out by proffering solutions to numerous challenges the unfortunate economic downturn pose to us.

The list of states owing their workers salaries was released recently and South East scored 1/5, meaning only one state is debt free in SE while some owes as high as 5 to 6 months salaries while some are lucky to be owing only parastatals few months.

Its high time we face realities, let's stop mocking those that are facing similar challenges but chose to remain silence, let's rally round and discuss how to escape this harsh economic reality.

If you can go through the links I provided below, you will discover the future of expensive but sought after Bonny Light or "sweet light" as its being called in the international market is bleak, blighted by the recent discoveries of how to refine cheaper "sweet heavy" by our previous buyers.

Its no longer news to us that Imo, Abia are the most indebted while Ebonyi and Enugu debts are not so serious.

How do we escape this challenges

What do you think governments in East should do stay buoyant before this runs out of control?

Where do we have comparative advantage over one another and how do we maximize the opportunities these challenges pose.

Can we be debt free and still embark on capital projects

Or can we only run a government that celebrate success in offsetting recurrent expenditures


Areas of concentration-;
Industrialization,
Trade and Commerce.
Agriculture.
Tourism.


www.thisdaylive.com/articles/nigeria-struggles-to-sell-oil-cargoes-offers-discounts-to-asian-buyers/198070

www.premiumtimesng.com/business/181886-revenue-decline-sell-nigerias-oil-stakes-raise-n14-9trillion-cbn-governor-tells-buhari.html

CC: Chiwude, pazienza, tonychristopher, OREMII, FKO81, Rarediamond, millionaireman, Odenigboaroli, Udokirika, Ikengawo,Spyder888, Centje, Cjrane, Freeglobe, sorry if your name is missing here please don't hesitate to contribute.


How do we navigate through the murky waters of present economic challenges

Arab Spring started like this, you don't who might be reading this.

Pardon all typos.

asha80:
When you say imo and abia are most indebted while enugu and ebonyi are less indebted which debt are you talking about?owing of salary,arrears or debt to financial institutions or debts due to bonds?

codedslayer:
Lol. I thought you were all mocking Osun, when your own house is also on fire. You did a good job in helping osun people scream to the world and put pressure on the goat called Aregbe while you keep silent on your own leaders. Lmaoooo.

Respect to Pita Hoebi and Obiano, plus my friend Chino.

benkings:
We owe our kids a just nigeria!

asha80:
When you say imo and abia are most indebted while enugu and ebonyi are less indebted which debt are you talking about?owing of salary,arrears or debt to financial institutions or debts due to bonds?

BuddahMonk:


We don't keep silence, we are the fiercest critiques of Orji and Elechi, Easterners don't hide emotions, we speak out no matter whose ox is being gored that what differentiate us from you guys.

Ikengawo:



If eastern governments pass policies to only use goods and services in the east it's self as long as the providers offer then at a 35% subsidy (similar to the UK health system), then we will easily remedy the issue of running out of government funds because the more the government spends the more it will get in return through subsidies

I'm also for unprecedented privatization. I believe schools can be privatize at all levels with the state paying the school 40% of what it pays now as long as the school meets a set of standards set by the state in teacher competency, classroom size, equipment specifications, student satisfaction, and curriculum quality.

Same type of privatization can be done for health as well, works etc.

codedslayer:


Indeed. Is it the way you guys cry in Anambra thread for any divergent views or opinions. Is it how you attack anyone that dare criticize your governors esp you Anambra guys. The way you all open different threads on Osun makes me laugh cos you were indirectly helping the Osun people. Learn to face your governors and stop mocking other people when your own house is also on fire. Enough said.....

BuddahMonk:


I love that school privatizing, its one thing that helped Anambra move on and maintain a solvent state because of giving back many schools to the missionary.

Its laudable but expensive though high standard and morality are always observed

waternogatenemy:
We need just two international airport in the whole easter region. One in Enugu and the other in Onitsha Anambra State.

Anymore is just pointless and a waste. Let us get the two right with multiple terminal etc. Onitsha can be integrated multiple terminal whilst Enugu can be segretated multiple terminal .

Might need to build up t five terminal by the time they are done. This is a long term project

waternogatenemy:
We need just two international airport in the whole eastern region. One in Enugu and the other in Onitsha Anambra State.

Anymore is just pointless and a waste. Let us get the two right, with multiple terminal etc. Onitsha can be integrated multiple terminal whilst Enugu can be segregated multiple terminal .

Might need to build up to five terminal by the time they are done. This is a long term capital project

codedslayer:
Lol. I thought you were all mocking Osun, when your own house is also on fire. You did a good job in helping osun people scream to the world and put pressure on the goat called Aregbe while you keep silent on your own leaders. Lmaoooo.

Respect to Pita Hoebi and Obiano, plus my friend Chino.

Ikengawo:


If Asaba, Enugu and Imo all have airports what's the point of putting one in Anambra? Abia's economy is bigger than Anambra's and there's more economic activity in Aba than Onitsha. We can upgrade the Owerri airport ourselves since we built it ourselves so why not go that route because it's cost effective.


I don't think an airport will do it though. you can't move goods by air the way you can move it by train. We need Anambra and Imo connected to the national rail like Abia Enugu and Ebonyi.

ECOTERRORS:
go away from here.

Efulefu, onye isis nkukasi

BuddahMonk:


The one in Enugu is enough, why do need airport in Onitsha when Asaba is there, how much will the airport contribute to the state purse.

Aviation is not that important to us.

BuddahMonk:


We are reminding you of when you saying Osun economy is bigger than the entire SE put together, when you were telling us Aregbesola was making £500Billion per week in IGR, you told us Osun IGR is bigger than everything that is happening in Old Eastern Region combine.

We were telling you the man was decieving you guys but you chose to insult us, what is happening now

codedslayer:

MY smelling mother is efulefu. Cursed animal

BLOTRS:
@OP pls add this to the topic ''Let's talk BIAFRA''

chiefinalowo:
I will advise ibos to develop onitsha river port, at least paddle canoe can be used to cargo cassava and oranges.