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Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC - Politics (5) - Nairaland

Nairaland ForumNairaland GeneralPoliticsLagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC (18421 Views)

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Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Anambra1stSon(m): 5:04pm On Mar 20, 2018
Yyeske:
Give it to Obiano for once, what if he spent lavishly like these other governors and incured debt as big as that of say Lagos State, what would be the fate of Anambra state today? Fact is, Peter Obi started being frugal with spending and Obiano maintained it
Exactly
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 5:05pm On Mar 20, 2018
Yyeske:
Give it to Obiano for once, what if he spent lavishly like these other governors and incured debt as big as that of say Lagos State, what would be the fate of Anambra state today? Fact is, Peter Obi started being frugal with spending and Obiano maintained it
And at the end of the day, while other states with debts are commissioning more, better and quality projects, you are saddled with borehole, keke ambulance and crumbling 1-year-old bridge?


Debt spent on more, better and quality projects are better than low debt, lack of progress, poor quality infrastructures and debt traps.

This is leadership incompetence.

Peny wise pound foolish is what they call your backward syndrome.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Ucheosefoh(m): 5:22pm On Mar 20, 2018
balosunky:
if obaino has inherited a highly indebted state, that made him increase salary when other states are complaining, Do you think he will get his bearing by now
You are right but if Obiano want to put the state in debt four years is more than enough to squander all Peter Obi savings.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Dtribeless: 5:25pm On Mar 20, 2018
[quote author= post=65992645]From the report grin
only states whose debt did not exceed the 50 per cent ratio by more than 100 per cent are Anambra, Borno, Jigawa, Kebbi, Sokoto, Yobe and the Federal Capital Territory.

And some idi.o.ts will be comparing their useless leaders and states with Anambra, Anambra is most sustainable and with responsible leaders in south region, this is a state with lowest debt and during recession didn't ask for bailout, some states that claimed to be generating highest IGR asked for bailout twice to be able to pay workers salaries grin grin we grew our GDP by one trillion naira in the middle of recession and increased our Internally generated revenue while most taxes remain suspended in other to encourage our people, Anambra state governor pay all workers and pensioners before 25th of every month, increased workers’ salaries in the midst of recession,successfully completed 55 roads with a cumulative length of 422.050KM, Obiano completed three flyovers also awarded 12 new bridges and completed 5 of them without borrowing, also performed well in other sectors, still maintaining lowest debt profile among states in Nigeria. For me Obiano is best governor in Nigeria.[/quote]Then tell other Southeasterners to move back there and go sustain. They are burdening the Southwest. If you guys, by that I mean separatist Ibos only, think you made the Southwest, why don't you make the Southeast; afterall, Charity begins at home. This is why you guys would never rule Nigeria via democracy. These silly utterances actually has an influence, even among well meaning people, as there is no counterargument. Ibo this; Ibo that; Abegi. You guys are making Ibo's politically pungent.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Yyeske(m): 5:26pm On Mar 20, 2018
Ucheosefoh:
You are right but if Obiano want to put the state in debt four years is more than enough to squander all Peter Obi savings.
Absolutely.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Diiet:
shallysgirl:
You cannot deport any Nigerian or stop any Nigerian from living where they choose. You MUST live with and acommodate your fellow Nigerians. Live with that, nothing you can do. tongue
Keep gloating over SW' debt when you know your burdens also contribute to it.
E go do you like film when we start deporting you.
@Deo.melo keep dealing with them pls.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by shallysgirl: 5:47pm On Mar 20, 2018
Diiet:
Keep gloating over SW' debts when you know your burdens also contribute to it.
E go do you like film when we start deporting you.
@Deomelo keep dealing with them pls.
Nothing you and deomelo can do.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 5:51pm On Mar 20, 2018
https://pbs.twimg.com/media/DWWcaMVXkAgD1vU.jpg



https://pbs.twimg.com/media/DWWcdN8W0AIQJ2v.jpg


]


https://pbs.twimg.com/media/DWWcfHuXcAE06xf.jpg






Work is on going on the Ilesa water project , when completed pipe borne water will flow across the whole of Ilesa city & its environment after over 40 years




[img]https://3.bp..com/-XcCVLXLiJM0/VrEcioJJCBI/AAAAAAAAL6I/ULXQ7u6i72I/s1600/2b.jpg[/img]



[img]https://2.bp..com/-4mkvjI63afk/VrEcrql0xTI/AAAAAAAAL6I/C9mBp0hwUvs/s1600/2f.jpg[/img]



[img]https://3.bp..com/-j1neQAdaB-A/VrEckruRmDI/AAAAAAAAL6I/mkqoyngumJc/s1600/2g.jpg[/img]



See the difference between Modern age and stone age development
Low debt or large debt" pick one


No backwardness for me.


grin
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 5:56pm On Mar 20, 2018
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by mrhowoto: 6:05pm On Mar 20, 2018
Ngokafor:
Only God knows what a State like Osun is doing with all the money she borrowed..inspite of the useless IGR she purpotedly generates,which is touted by on-line urchins to be bigger than the entire SE put together undecided
Deomello may have the answer.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:10pm On Mar 20, 2018
mrhowoto:
Deomello may have the answer.
Aregbesola Flags-Off Construction Of Ilesa Water Project


www.nairaland.com/attachments/6428381_received1847588768615624_jpeg_jpeg39fd1267df39a39bade8842f4d564b58

www.nairaland.com/attachments/6428382_received1847564011951433_jpeg_jpeg37e1ca8f185c75e69bcfa90ed8622c94


www.nairaland.com/attachments/6428383_received1847563968618104_jpeg_jpege84de0d2f4ab402a2430d560fce7f4f7

https://www.osundefender.com/wp-content/uploads/2017/12/Ilesa-Water-Project-Flagoff-1-768x512.jpg



https://www.osundefender.com/wp-content/uploads/2017/12/Ilesa-Water-Project-Flagoff-3-1024x683.jpg




https://pbs.twimg.com/media/DWWcaMVXkAgD1vU.jpg



https://pbs.twimg.com/media/DWWcdN8W0AIQJ2v.jpg




https://pbs.twimg.com/media/DWWcfHuXcAE06xf.jpg






Work is on going on the Ilesa water project , when completed pipe borne water will flow across the whole of Ilesa city & its environment after over 40 years [/quote]Work is on going on the Ilesa water project , when completed pipe borne water will flow across the whole of Ilesa city & its environment after over 40 years




[img]https://3.bp..com/-XcCVLXLiJM0/VrEcioJJCBI/AAAAAAAAL6I/ULXQ7u6i72I/s1600/2b.jpg[/img]



[img]https://2.bp..com/-4mkvjI63afk/VrEcrql0xTI/AAAAAAAAL6I/C9mBp0hwUvs/s1600/2f.jpg[/img]



[img]https://3.bp..com/-j1neQAdaB-A/VrEckruRmDI/AAAAAAAAL6I/mkqoyngumJc/s1600/2g.jpg[/img]



See the difference between Modern age and stone age development




This is the answer.


We can see what Osun did with their debt and we can see the horrible backwardness your low debt delivered





grin cheesy.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:15pm On Mar 20, 2018
Generations unborn in the south west are in bondage, not of their choosing but because of the greed of their leaders. How will they ever get out of such crippling debt?
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by mrhowoto: 6:16pm On Mar 20, 2018
emonkey:
Lagos and Cross River I understand. But Osun State ?!. What a ridiculous picture. That state is finished. They will die inside gbese.
Best thing is for Osun to change their name again so that the creditors will not know who to ask for money.
hahaha
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by LasGidiOwner: 6:17pm On Mar 20, 2018
But one useless osun villager is here running up and down in frustration.

I can understand Lagos and Cross River debt but osun village debt. The same osun village where 98% of them live in mud houses and don't even have toilets. cheesy



Atouke:
Generations unborn in the south west are in bondage, not of their choosing but because of the greed of their leaders. How will they ever get out of such crippling debt?

Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:21pm On Mar 20, 2018
Atouke:
Generations unborn in the south west are in bondage, not of their choosing but because of the greed of their leaders. How will they ever get out of such crippling debt?
[img]https://3.bp..com/-j1neQAdaB-A/VrEckruRmDI/AAAAAAAAL6I/mkqoyngumJc/s1600/2g.jpg[/img]



We can see what other states did with their debt in form of quality projects and we can also see the horrible and backward village infrastructures your village did with their low debt


Anambra is a debtor state also, but they have nothing but rubbish to show for their debt.


Their children and grand children are saddled with boreholes, death trap crumbling bridge and mediocre rubbish.


The joke is on you and your village..



grin grin
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by LasGidiOwner: 6:21pm On Mar 20, 2018
osun village borrowed billions to build the tallest drum ij Africa whilr 98% of the indigenes are poverty inflicted people that live in mud houses.


Ngokafor:
Only God knows what a State like Osun is doing with all the money she borrowed..inspite of the useless IGR she purpotedly generates,which is touted by on-line urchins to be bigger than the entire SE put together undecided

Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:25pm On Mar 20, 2018
Atouke:
Ekiti= 545.31%
Lagos= 930.96%
Ogun=535.34%
Osun =285.14%
Oyo = 410.86%
Net revenue to debt. SOUTH WEST is in serious debt crisis mode.
See what choosing greedy leaders will do for a society.
They will plunge their innocent populace into debt crisis. Later they will begin to shout we own lagos.
Now we know the true owners of lagos and the SW, The Lenders.
Those who lend you the money will soon come to collect and let me tell you it won't be pretty.
SW, your government have turned you guys into tenants in your own land.
https://osun.gov.ng/wp-content/uploads/2013/07/Ambulance-2.jpg



www.nairaland.com/attachments/6854318_a_jpeg14a53cac5a312f3d1ad4980fec051d42




The difference between high and low debt.


Low debt = Backwardness and mediocrity.



grin grin grin grin
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:29pm On Mar 20, 2018
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:30pm On Mar 20, 2018
Ekiti= 545.31%
Lagos= 930.96%
Ogun=535.34%
Osun =285.14%
Oyo = 410.86%
Net revenue to debt. SOUTH WEST is in serious debt crisis mode.
See what choosing greedy leaders will do for a society.
They will plunge their innocent populace into debt crisis. Later they will begin to shout we own lagos.
Now we know the true owners of lagos and the SW, The Lenders.
Those who lend you the money will soon come to collect and let me tell you it won't be pretty.
SW, your government have turned you guys into tenants in your own land.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:31pm On Mar 20, 2018
How come all you get with your low debt are mediocrity, rubbish projects and backwardness?


Shouldn't it be the other way around?



Abeg answer





grin grin grin grin
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:32pm On Mar 20, 2018
It's horrible the debt in the SW region of this country.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:33pm On Mar 20, 2018
Atouke:
Ekiti= 545.31%
Lagos= 930.96%
Ogun=535.34%
Osun =285.14%
Oyo = 410.86%
Net revenue to debt. SOUTH WEST is in serious debt crisis mode.
See what choosing greedy leaders will do for a society.
They will plunge their innocent populace into debt crisis. Later they will begin to shout we own lagos.
Now we know the true owners of lagos and the SW, The Lenders.
Those who lend you the money will soon come to collect and let me tell you it won't be pretty.
SW, your government have turned you guys into tenants in your own land.
https://osun.gov.ng/wp-content/uploads/2013/07/Ambulance-2.jpg



www.nairaland.com/attachments/6854318_a_jpeg14a53cac5a312f3d1ad4980fec051d42




The difference between high and low debt.


Low debt = Backwardness and mediocrity.



grin grin grin grin
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:33pm On Mar 20, 2018
Atouke:
Ekiti= 545.31%
Lagos= 930.96%
Ogun=535.34%
Osun =285.14%
Oyo = 410.86%
Net revenue to debt. SOUTH WEST is in serious debt crisis mode.
See what choosing greedy leaders will do for a society.
They will plunge their innocent populace into debt crisis. Later they will begin to shout we own lagos.
Now we know the true owners of lagos and the SW, The Lenders.
Those who lend you the money will soon come to collect and let me tell you it won't be pretty.
SW, your government have turned you guys into tenants in your own land.
It will take 1000yrs to payback this huge debt
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:34pm On Mar 20, 2018
This is no joke, this debt is enormous shocked
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by LasGidiOwner: 6:35pm On Mar 20, 2018
osun village is the one that is worrying everyone. The state is still a village filled with mud houses cheesy

Atouke:
Ekiti= 545.31%
Lagos= 930.96%
Ogun=535.34%
Osun =285.14%
Oyo = 410.86%
Net revenue to debt. SOUTH WEST is in serious debt crisis mode.
See what choosing greedy leaders will do for a society.
They will plunge their innocent populace into debt crisis. Later they will begin to shout we own lagos.
Now we know the true owners of lagos and the SW, The Lenders.
Those who lend you the money will soon come to collect and let me tell you it won't be pretty.
SW, your government have turned you guys into tenants in your own land.

Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:35pm On Mar 20, 2018
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:38pm On Mar 20, 2018
Now I see why ambode is busy taxing everything, he is just raising taxes to pay debt.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:38pm On Mar 20, 2018
APC and Alpha beta has destroyed SW financially cry cry cry
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by LasGidiOwner: 6:38pm On Mar 20, 2018
I am sure osun village shall pay back with the proceeds from the tallest drum.

Atouke:
This is no joke, this debt is enormous shocked

Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:38pm On Mar 20, 2018
Who will bail SW from its crippling debt?
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:39pm On Mar 20, 2018
kiss undecided
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:39pm On Mar 20, 2018
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