₦airaland Forum

I mean 1.2billion

state like nasarawa na war oooo..al'makura said no need to pay retired civil servant gratuity ...hehehe

[b][/b] IN MY OPINION, I THINK A STATE WILLING TO PAY BACK WOULD AT LEAST HAVE N THE EVIDENCE BY NOW.. NIT SEEKING ANOTHER.. . IS LIJE COMING TO SSK ME TO LEND YOU MONEY AGAIN PROMISING TO PAY BACK WHEN YOU HAVEN'T PAID THE PREVIOUS ONE YOU BORROWED

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Do you know what is 80% or you just want to comment on issues you have no knowledge about please get a maths teacher

This bailout crap amounts to throwing good money after bad in my opinion. It certainly shouldn't have been granted without strict auditing of states accounts to ascertain areas of waste and expenditures. Such identified areas should have been plugged to ensure minimal waste and more transparency because those funds have now gone the way of others with almost nothing to show other than long term indebtedness.

HungerBAD:
The Federal Government has yet to receive any formal request for fresh bailout from any state government, SUNDAY PUNCH has learnt.

Findings by our correspondent from top government officials at the Ministry of Finance on Saturday revealed that since the last bailout exercise where about 19 states got a total of about N348.6bn, no state has made any fresh request for bailout.

There had been insinuations that the harsh economic condition, which was caused by the massive drop in revenue, might force some states to seek bailout from the government.

President Muhammadu Buhari had said in his remarks at the second National Executive Committee meeting of the All Progressives Congress in Abuja that 27 states were finding it difficult to pay salaries of their workers.

Buhari, while making a veiled reference to the unfavourable economic situation in the country, which he said the administration was battling to stabilise, had said, “The fall of oil prices after Nigeria has made itself a mono economy is a disaster.

“I wonder why people could not believe that in Nigeria about 27 out of the 36 states have difficulties in paying basic salaries of their workers.”

Top officials in the finance ministry confided in our correspondent that since the states were given bailout about six months ago, it would be difficult for the Federal Government to listen to fresh requests from them.

One of the officials said it would take about 20 years for some of the states to fully repay the recent bailout that was given to them by the Federal Government.

The official said, “We all know that the economy is in a precarious situation and there is nothing we can do about it now but to think of innovative ways of meeting our problems.

“The thinking here is that rather than providing bailout, there is a need for us to assist the states by raising their internally generated revenue which is more sustainable.”

When contacted, the Media Adviser to the Minister of Finance, Mr Festus Akanbi, confirmed to our correspondent in a telephone interview that the ministry had yet to receive any fresh request for bailout from state governments.

He said, “We are aware that we are in a critical period and we are working seriously to address the problems facing the economy. Officially, no state has approached us for bailout.”

The states that benefited from the bailout fund, according to the Central Bank of Nigeria are Abia (N14.152bn), Adamawa (N2.378bn), Bauchi (N8.60bn), Bayelsa (N12.85bn), Benue (N28.013bn) Borno (N7.680bn), Cross River (N7.856bn), Delta (N10.036bn), Ebonyi (N4.063bn), Edo (N3.167bn), Ekiti (N9.604bn), and Enugu (N4.207bn).

Also among the states are Gombe (N16.459bn), Imo (N26.806bn), Katsina (N3.304bn), Kebbi (N0.690bn), Kogi (N50.842bn),Kwara (N4.320bn) and Nasarawa (N8.317bn).

Others are Niger (N4.306bn), Ogun (N19.00bn), Ondo (N14.686bn), Osun (N34.988bn),Oyo (N26.606bn), Plateau (N5.357bn), Sokoto
(N10.093bn) and Zamfara (N10.02bn).

Lalasticlacla,mynd44nth.
http://www.punchng.com/unpaid-salaries-fg-yet-to-receive-fresh-bailout-request-from-states/

Imo got the 4th highest bail out loan. Hope the state doesn't end up like our osun with 6million next month.

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Out of 26 states listed above APC is about 17 and you call that 80% which school did you attend, we need to check your papers very well

[quote author=HungerBAD post=44144252]80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.






Do you know that, bail out is a loan that is deducted directly from source, not a free gift.

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Olodo all the northern and some states in south west are PDP

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

There are 27 state on the list, 19 of the states are govern by APC.

EQ1 : 19÷27= 0.7037
EQ2: 0.7037*100 = 70.37
EQ3: 70.37 = ~70% of APC States

Oh God , forgive this guy's parents for wasting money on his school fees. Give him elementary sense to Comprehend and Calculate. Amen

Caseless:
So, bail-out package is now a yearly event and is here to stay? Most of these states are useless.

Which kind yearly event? Na every 6months oh, I don't even know if it is up to 6months sef.


Naija my country

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Apc states received borrowed more per state

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

if u say 80percent r pdp then ekiti wasnt pdp now. abi how did u come abt 80percent?

tayebest:
God Bless Buhari!

for what pls?
asist to increase internally generated revenue, igr is diffrnt from monthly allocation bros.
buhari wont go n tell d govrs wht to do so their igr will increase.
unless the states voted in illiterates into power.

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Am not a wailer,but this ur bad maths skill needs to be wailed about! 80% indeed. Try get some fud to eat den recalculate,maybe den u will be more accurate with ur judgement.

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Your hypocrisy knows no bounds. What does PDP/APC has you do with this?
How many APC states did we have in the previous administration anyway to form a basis of comparison. Which states took the highest bailout funds? Osun and Imo which are APC states. Their bailout funds are more than 6 to 7 states combined.
Stop politicizing everything. You look silly when you do so.

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Your hypocrisy knows no bounds. What does PDP/APC has you do with this?
How many APC states did we have in the previous administration anyway to form a basis of comparison? Was Ekiti a PDP state inthe previous administration? Which states took the highest bailout funds? Osun, Imo, Ogun, Ondo, Benue. Withe exception of Benue, all others were and are APC states. Their bailout funds are more than 12-15 states combined.
Stop politicizing everything. You look silly when you do so.

No state will boldly ask because their own mismanagement is second to none.
Every state is on red alert. If you loot. You know the rest!

first, there was no need giving these states bailout fund, the fg would ve looked into their accounts, how they managed the allocations from fg, the workforce n other things before giving them extra monies to steal.
okonjo iweala didnt succumb to thier antics of bailout partly why oshiomole still attack her.
buhari came in, he didnt even set up panel to check n probe the activities of these states, he rushed n gave dem bailout. 70percent of the conditions the fg mandated them to do before getting the funds most of the states did not meet it but he gave them.
who will pay back these loans?
we hv leaders who r fools n dont hv anything to do being in position.
kogi collected 50billion, even bayelsa de follow collect, osun too, ogun state that is like the second lagos dey follow collect when they r supposed to be assisting other states.
some zombies will be shouting apc, sai buhari....rubbish.

menix:
Edo, Osun, Oyo, katsina, Imo, Ogun,sokoto, kebbi, plateau nd others re PDP states

Truly, Hunger bad cous it is affecting ur mendula.

ajepako:
And where would you categorise Osun, Oyo, lmo ,Edo , Zamafar, kogi, kebbi among several hardship-ravaged APC states?

Convenient amnesia and selective reasoning kill you know.....

christinie:
Edo, Niger, Kogi, Ogun, Osun, Oyo etc are PDP states?

Flets:
Typical of illiterates with data plan.

Osun, Oyo, lmo ,Edo , Zamafara, kogi, kebbi, Niger etc are PDP states too?

Shortyy:
Don't mind that ignoramus. He saw only ekiti.. mtcheeew

The person you all quoted clearly said [size=13pt]80%[/size] of those who received bailout, he didn't say 100%. What could possibly make adults not understand the the difference between 80% and 100%?.... Someone (@Flet) even went ahead and called him an 'illiterate' and then one just begins to wonder what sort of intellectual calamity has befallen Nigerian youths.

cc: HungerBAD

eshietIntrepid:
I see part of the reason apc are desperate to sieze akwa ibom and Rivers.

Why will wike collect bail out after collecting 30billoon Naira grant.

obailala:
The person you all quoted clearly said [size=13pt]80%[/size] of those who received bailout, he didn't say 100%. What could possibly make adults not understand the the difference between 80% and 100%?.... Someone (@Flet) even went ahead and called him an 'illiterate' and then one just begins to wonder what sort of intellectual calamity has befallen Nigerian youths.

cc: HungerBAD

And that so called 80% is just one state shey?

Omo ilala, koju e sookan jare...

obailala:
The person you all quoted clearly said [size=13pt]80%[/size] of those who received bailout, he didn't say 100%. What could possibly make adults not understand the the difference between 80% and 100%?.... Someone (@Flet) even went ahead and called him an 'illiterate' and then one just begins to wonder what sort of intellectual calamity has befallen Nigerian youths.

cc: HungerBAD

You are a worse illiterate trying to justify rubbish.

In other words, he meant only 20% of the 27 states are APC..... and you are trying to justify only 5 of the 27 states are APC when you can already count over ten from the listed states.

Go collect your brain from lie mohammed....

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

d baill out has notin to do wit party cos that of Kogi APC are still playing politics wit. Pls drop sentiment. People are suffering

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

This one still cry 80% PDP. ARE U WELL.

obailala:
The person you all quoted clearly said [size=13pt]80%[/size] of those who received bailout, he didn't say 100%. What could possibly make adults not understand the the difference between 80% and 100%?.... Someone (@Flet) even went ahead and called him an 'illiterate' and then one just begins to wonder what sort of intellectual calamity has befallen Nigerian youths.

cc: HungerBAD

An adult like you failing simple arithmetic, make sure u marry a brilliant woman else ur kids go be "ETI"..

Do u know that 80% of 10(state) is 8

So oga Eti, go back nd check ow many states there belong to APC nd PDP..

HungerBAD:
The Federal Government has yet to receive any formal request for fresh bailout from any state government, SUNDAY PUNCH has learnt.

Findings by our correspondent from top government officials at the Ministry of Finance on Saturday revealed that since the last bailout exercise where about 19 states got a total of about N348.6bn, no state has made any fresh request for bailout.

There had been insinuations that the harsh economic condition, which was caused by the massive drop in revenue, might force some states to seek bailout from the government.

President Muhammadu Buhari had said in his remarks at the second National Executive Committee meeting of the All Progressives Congress in Abuja that 27 states were finding it difficult to pay salaries of their workers.

Buhari, while making a veiled reference to the unfavourable economic situation in the country, which he said the administration was battling to stabilise, had said, “The fall of oil prices after Nigeria has made itself a mono economy is a disaster.

“I wonder why people could not believe that in Nigeria about 27 out of the 36 states have difficulties in paying basic salaries of their workers.”

Top officials in the finance ministry confided in our correspondent that since the states were given bailout about six months ago, it would be difficult for the Federal Government to listen to fresh requests from them.

One of the officials said it would take about 20 years for some of the states to fully repay the recent bailout that was given to them by the Federal Government.

The official said, “We all know that the economy is in a precarious situation and there is nothing we can do about it now but to think of innovative ways of meeting our problems.

“The thinking here is that rather than providing bailout, there is a need for us to assist the states by raising their internally generated revenue which is more sustainable.”

When contacted, the Media Adviser to the Minister of Finance, Mr Festus Akanbi, confirmed to our correspondent in a telephone interview that the ministry had yet to receive any fresh request for bailout from state governments.

He said, “We are aware that we are in a critical period and we are working seriously to address the problems facing the economy. Officially, no state has approached us for bailout.”

The states that benefited from the bailout fund, according to the Central Bank of Nigeria are Abia (N14.152bn), Adamawa (N2.378bn), Bauchi (N8.60bn), Bayelsa (N12.85bn), Benue (N28.013bn) Borno (N7.680bn), Cross River (N7.856bn), Delta (N10.036bn), Ebonyi (N4.063bn), Edo (N3.167bn), Ekiti (N9.604bn), and Enugu (N4.207bn).

Also among the states are Gombe (N16.459bn), Imo (N26.806bn), Katsina (N3.304bn), Kebbi (N0.690bn), Kogi (N50.842bn),Kwara (N4.320bn) and Nasarawa (N8.317bn).

Others are Niger (N4.306bn), Ogun (N19.00bn), Ondo (N14.686bn), Osun (N34.988bn),Oyo (N26.606bn), Plateau (N5.357bn), Sokoto
(N10.093bn) and Zamfara (N10.02bn).

Lalasticlacla,mynd44
http://www.punchng.com/unpaid-salaries-fg-yet-to-receive-fresh-bailout-request-from-states/

We commend President Buari when the bailout money was given to states to pay their outstanding salaries of workers and pensioners but we were disappointed for the failure of Federal Government to monitor the money. Some State governors diverted the money to projects because of their selfisness to get rebate of 20%, 30%, 50% even 100% or 200% in some. By the time this regime came we thought its govt. of masses but it failed for lack of monitoring bailout money. The workers and pensioners were not paid at all from bailout money in some states e.g. Osun state. The governor is now hammering taxes on the citizens of the state to increase IGR to pay workers, therefore he add more to the suffering of masses. Masses are dying because of poverty caused by governors in society. The Federal Government need to set up a committee to find out how bailout money was spent and indict the governors who did not follow the directive of Fed. Govt. on bailout money spending

ajepako:
And that so called 80% is just one state shey?

Omo ilala, koju e sookan jare...

Flets:
You are a worse illiterate trying to justify rubbish.

In other words, he meant only 20% of the 27 states are APC..... and you are trying to justify only 5 of the 27 states are APC when you can already count over ten from the listed states.

Go collect your brain from lie mohammed....

menix:
An adult like you failing simple arithmetic, make sure u marry a brilliant woman else ur kids go be "ETI"..

Do u know that 80% of 10(state) is 8

So oga Eti, go back nd check ow many states there belong to APC nd PDP..

Hahaha... The dude who quoted the 80% figure was only passing a simple message across. The use of the 80% figure was simply a hyperbolic estimation; we aren't in a primary 4 maths class where you expect people to start counting numbers and calculating precise fractions - it is assumed that people responding here are at least adults or older teenagers. The message passed was simply that "contrary to the stories making the rounds about APC failed states scrambling for bailout funds, MOST of the states that were bailed out were even PDP states."

If you guys were not overwhelmed by your political emotions, you should have gotten the very simply message. But instead, you all began counting number of apc states in the list.

Kogi with 50 billion naira bailout and yet this APC gov never pay, what is going on in kogi state Damn!!!

No more Bail out,it is a fraud..we can't see something tangible that Many of the Governors have done..they are jumping up & down from one country to another. Look at Osun,what has the man done so far. Fake incomplete projects up & down.

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Stastician, how did you arrive at 80%? Are you having a numerical diarrhea?