Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) (101110 Views)
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| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by Descartes: 8:27pm On Nov 12, 2015*. Modified: 9:22pm On Nov 12, 2015 |
The Yoruba youths should quit social media and take to streets and demand for accountability from their fraudulent leaders  They have been enslaved by their elites and political leaders  69 Likes 8 Shares |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by IbokUtoroh(m): 8:27pm On Nov 12, 2015 |
hmm, mek i sidon look dis thread welllll wellll. 1 Like 1 Share |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by Nobody: 8:31pm On Nov 12, 2015 |
[s] jstbeinhonest:[/s] Keep daring me as I continue counting my money... If you donno you people are poorest of all poors in Nigeria as a whole.. As in. Na una carry the whole thing for head... [size=20pt]LMAO[/size] 66 Likes 1 Share |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by ikechu1278: 8:34pm On Nov 12, 2015 |
If this thread does not make front page, then I'll know NL admins are another yoloba propaganda lying media thus bias. As for OP, my onenaira3 Id is in comatose right now so I abeg if you have something this juicy to cc me in, cc this Id. Dalu 33 Likes 1 Share |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by mazeltov(m): 8:35pm On Nov 12, 2015 |
[SUSTAINABILITY ON SCALE 1-10
SOUTH-SOUTH produces= 5 states.
SOUTH-EAST produces= 2 states.
SOUTH-WEST produces= 2 states
NORTH produces = 1 state. SUSTAINABILITY ON SCALE 11-20 SOUTH-SOUTH produces = 1 state. SOUTH-EAST Produces = 3 states. SOUTH-WEST produces= Nil NORTH produces = 6 state. TOTAL of Scales SOUTH-SOUTH = 5+1=6 states. [2nd] SOUTH-EAST = 2+3= 5 states.[3rd] SOUTH-WEST = 2+0= 2 states[4th] NORTH = 1+6=7 states. [1st] ---------------------------------------- INTERNAL GENERATED REVENUE on SCALE 1-10 SOUTH-SOUTH = 5 states. SOUTH-EAST = 1 state. SOUTH-WEST = 3 states NORTH = 1 state. INTERNAL GENERATED REVENUE ON SCALE 11-20 SOUTH-SOUTH = 1 state. SOUTH-EAST = 3 states. SOUTH-WEST = 2 states NORTH = 4 states. TOTAL of Scales SOUTH-SOUTH = 5+1= 6 states.[1st] SOUTH-EAST = 1+3= 4 states.[3rd] SOUTH-WEST = 3+2= 5 states[2nd] NORTH = 1+4= 5 states. [2nd] 1 Like 2 Shares |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by mazeltov(m): 8:35pm On Nov 12, 2015 |
My analyses focus on Sustainability and Internal generated Revenue. [SUSTAINABILITY ON SCALE 1-10 SOUTH-SOUTH produces= 5 states. SOUTH-EAST produces= 2 states. SOUTH-WEST produces= 2 states NORTH produces = 1 state. SUSTAINABILITY ON SCALE 11-20 SOUTH-SOUTH produces = 1 state. SOUTH-EAST Produces = 3 states. SOUTH-WEST produces= Nil NORTH produces = 6 states. TOTAL of Scales SOUTH-SOUTH = 5+1=6 states. [2nd] SOUTH-EAST = 2+3= 5 states.[3rd] SOUTH-WEST = 2+0= 2 states[4th] NORTH = 1+6=7 states. [1st] ---------------------------------------- INTERNAL GENERATED REVENUE on SCALE 1-10 SOUTH-SOUTH = 5 states. SOUTH-EAST = 1 state. SOUTH-WEST = 3 states NORTH = 1 state. INTERNAL GENERATED REVENUE ON SCALE 11-20 SOUTH-SOUTH = 1 state. SOUTH-EAST = 3 states. SOUTH-WEST = 2 states NORTH = 4 states. TOTAL of Scales SOUTH-SOUTH = 5+1= 6 states.[1st] SOUTH-EAST = 1+3= 4 states.[3rd] SOUTH-WEST = 3+2= 5 states[2nd] NORTH = 1+4= 5 states. [2nd] against many opinion, the north produces the highest number of states on Sustainability and second to the highest on internal generated revenue. and the almighty South-east couldn't beat North sustainability level 9 Likes |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by MCMLXXVI(m): 8:36pm On Nov 12, 2015 |
jstbeinhonest:Read properly. Imo is in the red zone. And bros, Osun was the state with the highest bailout fund. Check your facts. 23 Likes |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by jstbeinhonest(m): 8:42pm On Nov 12, 2015 |
MCMLXXVI:Imo is closer to the green than Akwa ibom,they have better books according to your 'stat'. |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by mazeltov(m): 8:44pm On Nov 12, 2015 |
Don't bother to quote me cus me no go reply |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by MCMLXXVI(m): 8:45pm On Nov 12, 2015 |
jstbeinhonest:Imo has less people to pay, therefore it has less debt. It has about 5 billion naira to pay, and about 4.8 billion naira earnings, therefore the debt is at +200 million or thereabout. AKS has 17 billion to pay, and 16 billion earnings. The debt is at 605 milla. But AKS is still generally more sustainable than Imo. Did you miss that part? 9 Likes |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by baralatie(m): 8:54pm On Nov 12, 2015 |
the formula for sustainability index should be rechecked! |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by Chienyego: 8:54pm On Nov 12, 2015 |
wow! very revealing 5 Likes 1 Share |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by mandarin: 8:58pm On Nov 12, 2015 |
There are hidden data not easily revealed in that report. Those states owing what did they use their loans for? If two states are owing, you not only look at sustainability but also infrastructure growth and other indices. Like Fashola said, I will rather borrow to build infrastructures but not to pay salary. I will say Osun and Ekiti are worst hit in the southwest because a state like Ogun have room to expand its revenue base within a short period. The truth is governors have damaged states economies and states with more infrastructural deficit are worse even if they owe less. Obviously, states with huge civil servants especially teachers in public schools spend more and those with less especially in the North may be more financially better. Ekiti and Osun need to reform in order to become sustainable, cut the number of ministries, enlarge tax revenue base, and cut on political patronage. They also need to invest in agriculture, solid minerals and encourage better economic climate. Apart from the top five, you cannot say any state is better than another if it has more poor infrastructures as roads, educational advancements, environmental challenges and more socioeconomic backwardness. As much as sustainability matters, level of growth, economic advancement must be measured as well. Those unsustainable states needs to reform and be creative. 35 Likes 2 Shares |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by nickxtra(m): 9:00pm On Nov 12, 2015 |
Upon the free money Akwa Ibom is getting, it remains among the top 5 indebted states in Nigeria? 1 Like |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by jstbeinhonest(m): 9:01pm On Nov 12, 2015 |
MCMLXXVI:AKS monthly allocation ONLY is over N20 billion,not to talk about IGR. http://thenationonlineng.net/new/nigerias-top-10-federal-revenue-receiving-states/ |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by jstbeinhonest(m): 9:05pm On Nov 12, 2015 |
MCMLXXVI:Cure your ignorance http://dailypost.ng/2015/09/19/cbn-reveals-states-given-bailout-amounts-full-list/ 1 Like |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by pazienza(m): 9:10pm On Nov 12, 2015 |
mazeltov:Can someone explain to me, what exactly this one is talking about? Lol! 70 Likes 2 Shares |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by InyinyaAgbaOku(m): 9:10pm On Nov 12, 2015 |
mazeltov:4 out of 5 states is very impressive. SE has 5 states only, so check it by proportion. SE rules 60 Likes 1 Share |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by SIRTee15: 9:10pm On Nov 12, 2015*. Modified: 9:39pm On Nov 12, 2015 |
there's nothing wrong with SW states. They are economically viable the IGR proves that. only ekiti has abysmally low score. the problem lies with SW Governors and their reckless fiscal policies. they practically borrowed their states into unsustainable debt. with little or nothing to show for it. They embarked on showmanship projects that are neither revenue-generating ventures nor self-sustaining. their socialist tendencies with poor developmental visions severely affected the states n brought some to near ruin. and that brings me to kemi adeosun she was the commissioner for finance in ogun state when amosun went on borrowing spree. fine, her tenure witnessed markedly increased IGR for the state with an efficient tax collection system as well blocking leakages. she also flushed out ghost workers from the workforce and introduced accountability into the system. but that is not enough. now that she is the new minister of finance, she needs to explain how the debt of ogun state rose to #55 billion right under her watch. did she ever think the economy the state can sustain such debt profile. why did she approve such bonds when she knew the governor is only interested in building fancy overhead bridges across the state. can she tell us those borrowed funds were judiciously utilized. she met a state with healthy financial status, now she's leaving it in red and unsustainable. That says a lot about her capabilities as she embark on her new position, at a time Nigeria is in a dire financial critical state. 33 Likes 5 Shares |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by jstbeinhonest(m): 9:14pm On Nov 12, 2015*. Modified: 10:03pm On Nov 12, 2015 |
SIRTee15: |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by MCMLXXVI(m): 9:15pm On Nov 12, 2015 |
jstbeinhonest:Learn to first put on your thinking cap the next time you're going to post and wail on Nairaland. This is from that same link of yours Finance Minister, Dr Ngozi Okonjo-Iweala, has listed Nigeria’s 10 highest revenue receiving states based on the federal allocations in 2013.The article clearly says the reciepts are from 2013, while the budgit research tabulates the figures with reference to the 2014 revenue sharing exercise. And anyone who was abreast with the happenings in 2014 would tell you there was a drop in federal allocation across the country as a result of the drop in oil prices. Furthermore, you still haven't told us why you're so aggressive and agitated. The OP is neither the person who made the research, no the one compiling the figures. A link to the PDF from Budgit was posted there, so if you have any grievances, why not contact Budgit and wail to them there so we may all live happily ever after? 7 Likes |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by basilo101: 9:19pm On Nov 12, 2015 |
mazeltov:Are u well at all? North = 19 states. SE = 5 states. mathematically SE 5/5 is far greater than North's 7/19 in ur sustanability analysis. it means all states in SE are sustainable on 1 - 20 52 Likes 2 Shares |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by totit: 9:23pm On Nov 12, 2015 |
MCMLXXVI:United Nations' Multi Dimensional Poverty Index The United Nations' Global Multi-Dimensional Poverty Index has three dimensions and 10 indicators in estimating Overall Poverty. Each dimension is equally weighted, each indicator within a dimension is also equally weighted, and added. It uses 10 indicators to measure poverty in three dimensions: Education, Health and Living standards. This report was Published in June 2015, and is based on data collected on years between 2004 and 2014. According to the MPI Report, as at 2010, 46% of Nigerians lived below the national poverty line (Only 28% in Urban areas, and near 70% in The rural). Although a Report by the World bank, released in 2014, showed that only 33% of Nigerians could be considered Poor. Now, to the Report........ States by Incidence of Poverty STATES<-->POVERTY RATE 1. Lagos --------- 8.5% 2. Osun --------- 10.9% 3. Anambra --------- 11.2% 4. Ekiti --------- 12.9% 5. Edo --------- 19.2% 6. Imo --------- 19.8% 7. Abia --------- 21.0% 8. Rivers --------- 21.1% *. FCT (Abj) --------- 23.5% 9. Kwara --------- 23.7% 10. Akwa Ibom --------- 23.8% 11. Delta --------- 25.1% 12. Ogun --------- 26.1% 13. Kogi --------- 26.4% 14. Ondo --------- 27.9% 15. Enugu --------- 28.8% 16. Bayelsa --------- 29.0% 17. Oyo --------- 29.4% 18. Cross River --------- 33.1% ------------------------------------------------------- ** National Avg --------- 46.0% ------------------------------------------------------- 19. Plateau --------- 51.6% 20. Nassarawa --------- 52.4% 21. Ebonyi --------- 56.0% 22. Kaduna --------- 56.5% 23. Adamawa --------- 59.0% 24. Benue --------- 59.2% 25. Niger --------- 61.2% 26. Borno --------- 70.1% 27. Kano --------- 76.4% 28. Gombe --------- 76.9% 29. Taraba --------- 77.7% 30. Katsina --------- 82.2% 31. Sokoto --------- 85.3% 32. Kebbi --------- 86.0% 33. Bauchi --------- 86.6% 34. Jigawa --------- 88.4% 35. Yobe --------- 90.2% 36. Zamfara --------- 91.9% REGIONAL AVERAGES 1 = South West - 19.3% Poverty (+ Average) 2 = South South - 25.2% Poverty (+ Average) 3 = South East - 27.36% Poverty (+ Average) ---------------------------------------------------------------------- ** National Avg 46.0%% Poverty ---------------------------------------------------------------------- 4 = North Central - 45.7% Poverty (+Average) 5 = North East - 76.8% Poverty (- Average) 6 = North West- 80.9% Poverty (- Average) Damn!! Sources The Global Multidimensional Poverty Index by the U.N http://www.dataforall.org/dashboard/ophi/index.php/ Click on Nigeria, and then "Nigeria country briefing, from the dropdown menu". http://www.ophi.org.uk/wp-content/uploads/Multidimensional-Poverty-Index-2015-2-March-2015.pdf?0a8fd7&13666f 10 Likes 2 Shares |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by MCMLXXVI(m): 9:25pm On Nov 12, 2015 |
totit:See desperation and straw-clutching. What has this got to do with the research posted in the OP? 55 Likes 2 Shares |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by MCMLXXVI(m): 9:27pm On Nov 12, 2015 |
basilo101:Nobody ever said Northerners were bright. The poor sod is just staying true to character. 14 Likes 1 Share |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by totit: 9:29pm On Nov 12, 2015 |
MCMLXXVI:I guess I quote the wrong person who belief that an indebted state is equal to poverty.  4 Likes |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by MCMLXXVI(m): 9:30pm On Nov 12, 2015 |
totit:I guess you did. 8 Likes |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by basilo101: 9:33pm On Nov 12, 2015 |
totit:this one is real NBS financial data, not UN's survey. THis one deal with real figures, hard and concrete finacial figures from our own beaurau who keep the data and not a survey by the distant UN 46 Likes 6 Shares |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by jstbeinhonest(m): 9:43pm On Nov 12, 2015*. Modified: 10:15pm On Nov 12, 2015 |
Even accordin to the last nbs stat,sw is the least poor region http://www.thisdaylive.com/articles/issues-in-the-new-poverty-report/137011/ basilo101:. 1 Like |
| Re: Latest Ranking Of States By Financial Sustainability, Debt And IGR (PICS) by MCMLXXVI(m): 9:55pm On Nov 12, 2015 |
jstbeinhonest:For goodness sake, Akwa Ibom's ANNUAL IGR is 15 billion, NOT monthly! Say it with me now, ANNUAL! You know what ANNUAL means, right? It means the monthly IGR stands somewhere around 1.25 billion. When you subtract that from the state's 2014 MONTHLY earnings of about 16 billion, it means the state got an average of 14.75 billion or thereabout as MONTHLY allocation for 2014 after the drop. You see why I say you're just grasping at straws? You're currently arguing blindly just for the sake of it, and you're ruled by your emotions. Your obvious attempt to derail the thread has also not gone unnoticed, and it is at this juncture that I would implore you to direct any further objections or grievances straight to Budgit. This is my last reply to you. 15 Likes 1 Share |
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