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Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC - Politics (6) - Nairaland

Nairaland ForumNairaland GeneralPoliticsLagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC (18422 Views)

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Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:42pm On Mar 20, 2018
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:46pm On Mar 20, 2018
LasGidiOwner:
I am sure osun village shall pay back with the proceeds from the tallest drum.
Osun state debt profile is taller than osun drum.Lol
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:47pm On Mar 20, 2018
Sadly for these losers, they can not show us any positive effect of their so-called low debt..


...but we can show you what other people did with their debt..


Mediocre villagers




grin grin grin
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:50pm On Mar 20, 2018
News:
Ogun state rice pyramid scheme gov. Called Amousn has just collected more debt.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:51pm On Mar 20, 2018
Atouke:
Ogun state rice pyramid scheme gov. Called Amount has just collected more debt.
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 deomelo: 6:51pm On Mar 20, 2018
^^^^^^^^^^^^^^^

Results of high and low debt.






grin grin grin grin grin
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:52pm On Mar 20, 2018
Big people do big things while low village people do low village and mediocre things...




grin grin grin grin grin
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:54pm On Mar 20, 2018
Abeg show us the positive effects of your low village debts now...




grin grin grin
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 6:57pm On Mar 20, 2018
Obviously, you villagers cannot show us the positive effects of your so-called low debt, but I promise to keep helping you to show people the sad and horrible effects of your low village debt..

That's a promise.

Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:58pm On Mar 20, 2018
deomelo:
Aregbesola Flags-Off Construction Of Ilesa Water Project
All this nonsense projects of a senseless gov. That is owing civil servants 23 months salary amount to nothing.
It's like a tenant building beautiful gardens in a rented house. The landLord will decide what happens to the garden.
The lenders of osun debt own osun land now they will decide your state future.
I cry for the unborn generation of SW.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 6:58pm On Mar 20, 2018
Keep posting rubbish, eye go clear you when the debt owners call in their debts, and begin selling state assets if they have any�.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 7:00pm On Mar 20, 2018
[s]
Atouke:
All this nonsense projects of a senseless gov. That is owing civil servants 23 months salary amount to nothing.
It's like a tenant building beautiful gardens in a rented house. The landLord will decide what happens to the garden.
The lenders of osun debt own osun land now they will decide your state future.
I cry for the unborn generation of SW.
[/s]




I did not ask you to spew rubbish.


According to you, you have the lowest debt, so show us the positive effects of your low debt.


If I can show you the positive effects of high debt, then you should be able to show us the positive effects of low debt in your village.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 7:03pm On Mar 20, 2018
Atouke:
All this nonsense projects of a senseless gov. That is owing civil servants 23 months salary amount to nothing.
Btw, show us proof to back that up with
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 7:03pm On Mar 20, 2018
deomelo:
[s][/s]




I did not ask you to spew rubbish.


According to you, you have the lowest debt, so show us the positive effects of your low debt.


If I can show you the positive effects of high debt, then you should be able to show us the positive effects of low debt in your village.
Taking unsustainable debt is a crime instead of you to begin calling out your senseless leaders you are posting rubbish.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 7:04pm On Mar 20, 2018
[s]
Atouke:
Taking unsustainable debt is a crime instead of you to begin calling out your senseless leaders you are posting rubbish.
[/s]







I did not ask you to spew rubbish.


According to you, you have the lowest debt, so show us the positive effects of your low debt.


If I can show you the positive effects of high debt, then you should be able to show us the positive effects of low debt in your village.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 7:06pm 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 Atouke: 7:06pm 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.
How can any leader take out such amount of debt. SW governors are a joke.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 7:07pm On Mar 20, 2018
[s]
Atouke:
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.
[/s]



I did not ask you to spew rubbish.


According to you, you have the lowest debt, so show us the positive effects of your low debt.


If I can show you the positive effects of high debt, then you should be able to show us the positive effects of low debt in your village.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 7:10pm On Mar 20, 2018
See how shameless these jokers are..


They claim they have low debt, but they can now show us any positive effect of their silly village ow debts.

Is it not a shame that states with high debts can boldly show what they did with their debts, but you can not show anything apart from mediocre and substandard rubbish..?
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Atouke: 7:16pm On Mar 20, 2018
deomelo:
See how shameless these jokers are..


They claim they have low debt, but they can now show us any positive effect of their silly village ow debts.

Is it not a shame that states with high debts can boldly show what they did with their debts, but you can not show anything apart from mediocre and substandard rubbish..?
Keep renovating a rented house the day the owner of the house go show up eyes go clear you.
THE DEBT OWNERS ARE COMING!
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 7:17pm On Mar 20, 2018
[s]
Atouke:
Keep renovating a rented house the day the owner of the house go show up eyes go clear you.
THE DEBT OWNERS ARE COMING!
[/s]



I did not ask you to spew rubbish.


According to you, you have the lowest debt, so show us the positive effects of your low debt.


If I can show you the positive effects of high debt, then you should be able to show us the positive effects of low debt in your village.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by LasGidiOwner: 7:18pm On Mar 20, 2018
osun village sef cheesy

Atouke:
Osun state debt profile is taller than osun drum.Lol

Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by LasGidiOwner: 7:20pm On Mar 20, 2018
What do you expect from osun village. osun is worthless and useless cheesy


Atouke:
Keep posting rubbish, eye go clear you when the debt owners call in their debts, and begin selling state assets if they have any�.

Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by LasGidiOwner: 7:22pm On Mar 20, 2018
Imagine a rural state like osun village taking such amount of loan that it can't even pay back in the next 200yrs cheesy


Atouke:
Taking unsustainable debt is a crime instead of you to begin calling out your senseless leaders you are posting rubbish.

Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Omooba77(op): 7:30pm On Mar 20, 2018
hush15:
Its not about completed or uncompleted even, ofcourse they will complete it because thats the only to safekeep whatever figure they figure they overbloat with afterall the structure is there as evidence of what they spent.

However, when you keep biulding and building and people dont even have the slightest idea on how to maximise that which you give them, whats the point?

Again, i use UK as example, when a structure like school is built, you will be amazed how detailed and well utilized the structure is used. The environment is such that its conducove and encourage learning. The teachers are motivated as well as learners taking pride in their learning environment and they try to preserve that school because it has become part of their heritage but in nigeria, virtually the opposite is the case. Here, everyone is thinking how they can benefit from providing a school. How much can they gain in terms of monies in providing a structure. How they can put their cronies into the structure to protect their interest and reduce their financia burden nd depedence on them, then the cronies also begin to think of how they milk the system to their own advantage because na their person dey at the top, worrying less about providing quality education and providing the motivation to come and learn. Then learners also in turn reacting to the nonchalant attitude to learning will not take education serious and end up mostly as public miscreants and nuisance and the cycle continues. The school gradually degrades to nuisance and tax payers monies wasted. And thats just a tip of the iceberg.
You are right; see all the bus stops built by Fashola exhorbitantly were demolished by Ambode and similar structure erected. I asked myself, what is the rationale behind all these wastages..Lots of funny projects all around.May God give our leaders wisdom.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Anambra1stSon(m): 7:34pm On Mar 20, 2018
Dtribeless:
[s]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[/s].
Another oton.do from waste
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by oyatz(m): 7:41pm On Mar 20, 2018
This is Actually a 2016 report that's just been published in March,2018.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 7:46pm On Mar 20, 2018
oyatz:
This is Actually a 2016 report that's just been published in March,2018.
The analysis was based on the debt profile of the states as of December 31, 2016.
Almost 3-year-old news. I guess it's a slow news day for PUNCH. grin




grin grin grin
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Dtribeless: 8:02pm On Mar 20, 2018
[quote author= post=66008075]Another oton.do from waste[/quote]What does that mean? No real discuss from Shithole people; fighting over who's got the best Shithole. BTW, Anambra can't borrow because no one wants to lend.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by oyatz(m): 8:04pm On Mar 20, 2018
Aregesola mismanaged the economy of Osun state but he has given the infrastructure of the State a face-lift.
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by deomelo: 8:31pm On Mar 20, 2018
Dtribeless:
What does that mean? No real discuss from Shithole people; fighting over who's got the best Shithole. BTW, Anambra can't borrow because no one wants to lend.
Anambra to spend N70 million monthly on debt servicing

Okoye said the debt profile of the state, was presently at 15 million dollars, external loans, and N20 billion domestic borrowings.

https://www.vanguardngr.com/2017/11/anambra-spend-n70-million-monthly-debt-servicing/
I know their debt is way higher than what the state is claiming, but even with that huge figure, that's almost a billion in loan debt servicing per year, even considering the fact that it's a very poor state, their the budget was N117 billion, that's one of the lowest in Nigeria.


Anambra is crumbling under debt
Re: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480% - FRC by Yyeske(m): 9:11pm On Mar 20, 2018
Somebody help me please, has Aregbese paid up the half salaries of Osun workers as at February?
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