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13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. (6103 Views)

Lagos Debt Management Office Visits The State's Blue Line Light Rail Project / N1.08bn Corruption Scandal Hits Debt Management Office / Buba Galadima’s Company Taken Over By AMCON Over ₦900 Million Loan (2) (3) (4)

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Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by DerideGull(m): 12:48pm On Sep 26, 2020
Sonoyom:
Lagos!

Yes, Lagos State!!! I knew when certain goons from a particular section of Nigeria flood the forum with cooked IGR reports of certain states, they failed to make reference to debts of these states. You cannot talk about profitable IGR without settling debt issues.

3 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by DerideGull(m): 12:52pm On Sep 26, 2020
Obamaofusa:
USA is the most indebted nation in the world because they are the richest and will easily pay off their debt.Lagos is the richest state in Nigeria and 5th economy in Africa and can easily pay off their debt.
Anambra and the other states in the east are dead without FG feeding bottle.Who would lend money to poverty stricken states?

Please indebted to whom? When you borrow from your piggy bank, you do not owe anybody. However, when you owe a foreign entity, you have debt to be repaid.

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Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by DerideGull(m): 12:58pm On Sep 26, 2020
proeast:


Lolz, are you shocked that Lagos is last on the table and first to be taken over AMCON despite having a disproportionate part of Nigeria's wealth domiciled there?! That's the effect of having a drug Lord who moves its revenue in bullion vans controlling its affairs.

Isn't Lagos supposed to be so rich to the point of lending money to other states yet they've embezzled everything until it went bankrupt. SMH!!

According to loudmouths, Lagos is so rich to the point of lending money to other West African countries. Beware of the unsophisticated loudmouths.

5 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by IGBOSON1: 1:01pm On Sep 26, 2020
Obamaofusa:


Use your head, all the South Eastern States cannot stand independently because they cling to FG feeding bottle.SW is the richest region in Nigeria especially with Lagos and Ogun states.
If push comes to shove,SW will easily pay off their debts because they have the highest IGRs,most industrialized etc.
Anambra which is a poor state hanging on the feeding bottle of the FG has the highest external debt.

Quit sounding daft! Even with the present Nigerian political-economy that has been unfavourable to the south-east in particular and Ndigbo in general, we have managed to hold our heads above water and as a region are second to none in most developmental indices....this is with having one arm tied behind our backs in 'one Nigeria' from the late 60s to date!

In comparison, this same Nigerian political-economy has disproportionately favoured the south-west: it has seen to the emergence and preeminent position Lagos now occupies in the overall Nigerian economy (a Lagos politically/administratively controlled by the Yoruba.....seeing them holding the knife and the yam) and has seen the Yoruba produce a head of state for at least 8 years since independence! It's advantages like this that have helped the south-west receive federally enabled infrastructure......like hosting the preferred seaports and airport, and having reticulated gas supply power industrial estates in Ogun while similar estates in Onitsha, Nnewi or Aba were left to fend for themselves!

4 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by SweetiliciousD: 1:37pm On Sep 26, 2020
SpecialAdviser:


Yes bro. I have always told people South east has the best leaders in Nigeria.

Irrefutable and undisputed testimony.

Forget e-rats and propagandists.

Them eyes go clear when it is too late!

3 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by SweetiliciousD: 1:39pm On Sep 26, 2020
[code][/code]
proeast:


Tinubu is in big trouble already, no more bullion vans grin grin

.....Otoge

1 Like

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by PortHarcourt2: 1:39pm On Sep 26, 2020
I know that the cursed backward worthless useless shithole called Enugu must be there cheesy

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Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by DerideGull(m): 1:46pm On Sep 26, 2020
PortHarcourt2:
I know that the cursed backward worthless useless shithole called [b]Enugu [/b]must be there cheesy

Petiakwa2, you shot point blank with above post.

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Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Obamaofusa: 1:49pm On Sep 26, 2020
DerideGull:


Please indebted to whom? When you borrow from your piggy bank, you do not owe anybody. However, when you owe a foreign entity, you have debt to be repaid.

USA owes Japan,China etc.They have mostly domestic debt just like Lagos. Anambra has the highest external debt that they cannot repay in 100 years because all SE states cling to FG to exist.
You can see that USA owes China more than 1 trillion dollars and according to experts, it is a good investment.
Almost all the billionaires of the world are indebted.Rich people just like rich states are mostly indebted,They are given these credits because they can pay back unlike Imo,Ebonyi,Anambra etc that are poor states that financial entities are afraid of lending them money.

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Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by PortHarcourt2: 1:51pm On Sep 26, 2020
Enugu is a cursed backward useless worthless shithole filled with poor people and Nsukka idiots that are from igede cheesy

1 Like

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by reiddecuti: 2:06pm On Sep 26, 2020
LLobiorah:
That idiot from SW that use to mock and call ebonyi Inviable, I hope your state is not on the red line??

Someone should tag that fool for me abeg.

You mean the bloody idiotic bastardized fool with the Monika "IamWonderful" who is begotten by a mistake by an inviable father.

No mind him.

The investment on the inviable lost soul is a waist to this generation.

Wait! He never see anything. He'll be shamed las las.

3 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Kinematics: 2:06pm On Sep 26, 2020
I cry for skull miners and the self acclaimed sophisticated ones.

2 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by LadyExcellency: 2:10pm On Sep 26, 2020
Atouke:

Uzor kalu finished Abia state. Took state funds to float Slok airline. Product of I'll gotten wealth went under as soon as he stepped down as governor and Abia state funds was no longer available to fund the airline.
Abia state is yet to recover from Uzor Kalu theft and loans, not to talk of Gov. Orjis own! SAD.

Actually, you don't know much about Orji Uzor Kalu and his Administration.

Forget politics, he was among the best.

Just consult USA diplomatic cable to learn more as much have disappeared from the Internet.

Orji Kalu was the only one the cable agreed was paying for project mobilization with his private money.

1 Like

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Nobody: 2:14pm On Sep 26, 2020
shocked nawao
Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by laiperi: 2:30pm On Sep 26, 2020
Stop comparing the richest countries with the highest debts with Nigeria or the states.

These countries print their own currencies and are International tenders. Naira is not even recognized by your money launderers.

USA states are not allowed to run deficits except in emergency.

It is one thing to get a loan to buy a car so that you can get to work to make money or buy a house to live on and pay it off in about 20 years.

Borrowing money for vultures to embezzle is another thing.

Nobody would lend a poor state money. Not even relatives would lend poor man money they know cannot be repaid. They give them what they can. This is why viable states and people always do better and have access to loans. But you can overdo it and go burst.

2 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by IamWonderful: 2:35pm On Sep 26, 2020
reiddecuti:


You mean the bloody idiotic bastardized fool with the Monika "IamWonderful" who is begotten by a mistake by an inviable father.

No mind him.

The investment on the inviable lost soul is a waist to this generation.

Wait! He never see anything. He'll be shamed las las.
I guess your generational madness that made your mother ran into onitsha market naked and your father jump into the river have now enter in you, yours will be worst
Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by AwkaFinest: 2:51pm On Sep 26, 2020
Wow, Rivers State Amaka. Honchogee aka Ilaumoh how market?



I know next year you will celebrate 34yrs. Celebrating nonsense.
Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Ilaumoh(m): 3:12pm On Sep 26, 2020
Wow Abia and Lagos wow, the gods must be crazy...
Akwa Ibom always on top lovely
Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Ilaumoh(m): 3:15pm On Sep 26, 2020
Haba even Cross River state is below the line, wow I felt they had the best governor so far... This is so bad cheesy
Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Ilaumoh(m): 3:19pm On Sep 26, 2020
Chai Akwa Ibom is indeed ready to replace Lagos asap

2 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by djon78(m): 3:21pm On Sep 26, 2020
Obamaofusa:
USA is the most indebted nation in the world because they are the richest and will easily pay off their debt.Lagos is the richest state in Nigeria and 5th economy in Africa and can easily pay off their debt.
Anambra and the other states in the east are dead without FG feeding bottle.Who would lend money to poverty stricken states?




US is not the richest nation on Earth

You know a rich nation by its per capita income
US per capita income is not even among the top ten in the world


US is just the biggest economy
Not the richest
You can't be indebted and claim to be rich
It has no meaning in business terms


There are many countries there citizens are living better than Americans


Just like American passport did not even make the top ten of the most powerful passports in the world
Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by AwkaFinest: 3:21pm On Sep 26, 2020
Ilaumoh:
Chai Akwa Ibom is indeed ready to replace Lagos asap


Ilaumoh also dont forget this one. I know you are always myopic. Let me give you the complete info. grin grin

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Anambra1stS0n: 3:22pm On Sep 26, 2020
Obamaofusa:


USA owes Japan,China etc.They have mostly domestic debt just like Lagos. Anambra has the highest external debt that they cannot repay in 100 years because all SE states cling to FG to exist.
You can see that USA owes China more than 1 trillion dollars and according to experts, it is a good investment.
Almost all the billionaires of the world are indebted.Rich people just like rich states are mostly indebted,They are given these credits because they can pay back unlike Imo,Ebonyi,Anambra etc that are poor states that financial entities are afraid of lending them money.
Dumbo with low IQ check Anambra total debt stock both local and foreign debt

2 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Anambra1stS0n: 3:45pm On Sep 26, 2020
Obamaofusa:


USA owes Japan,China etc.They have mostly domestic debt just like Lagos. Anambra has the highest external debt that they cannot repay in 100 years because all SE states cling to FG to exist.
You can see that USA owes China more than 1 trillion dollars and according to experts, it is a good investment.
Almost all the billionaires of the world are indebted.Rich people just like rich states are mostly indebted,They are given these credits because they can pay back unlike Imo,Ebonyi,Anambra etc that are poor states that financial entities are afraid of lending them money.
Anambra with low IGR, you claimed is poor is building standard international cargo airport, fifty thousand international conference center, Olympic size stadium, bridges, housing estates etc, above all not owing workers, your states you claimed with high IGR is struggling to pay civil servants

3 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by LLobiorah: 4:02pm On Sep 26, 2020
reiddecuti:


You mean the bloody idiotic bastardized fool with the Monika "IamWonderful" who is begotten by a mistake by an inviable father.

No mind him.

The investment on the inviable lost soul is a waist to this generation.

Wait! He never see anything. He'll be shamed las las.


Oh yes!!
The inviable iamwonderful, that is an obvious waste to his generation.

2 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by LLobiorah: 4:04pm On Sep 26, 2020
Obamaofusa:


Use your head, all the South Eastern States cannot stand independently because they cling to FG feeding bottle.SW is the richest region in Nigeria especially with Lagos and Ogun states.
If push comes to shove,SW will easily pay off their debts because they have the highest IGRs,most industrialized etc.
Anambra which is a poor state hanging on the feeding bottle of the FG has the highest external debt.



And sorry who asked you all these? Please argue with budgit.

1 Like

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by samuelpeters(m): 4:12pm On Sep 26, 2020
IGBOSON1:


Good point though! I was thinking of AMCON with Chike-Obi in mind....who's the head now?
Sincerely, I don't know.
I'm tired of naija matter.
News from this part of the world is almost always annoying.
Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Blackking98(m): 4:14pm On Sep 26, 2020
NGpatriot come and help your state here and stop masturbating on Akwa ibom threads grin

2 Likes

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Xisnin(m): 4:19pm On Sep 26, 2020
Obamaofusa:
Ogun and Lagos states will become richer without Nigeria.Lagos is not the 5th economy in Africa for nothing.The sucking tongue of the FG will be off the port etc.Lagos could become the first economy in Africa.
Even though the headline is fake news.
This is one of the most baseless analysis I have ever read.
Lagos and Ogun's major wealth comes from Nigeria.

The ports and the industries will lose most of their values since their major market
is Nigeria as a whole.

Also their is border and tarrif to worry about.

1 Like

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by AwkaFinest: 4:26pm On Sep 26, 2020
Ilaumoh:
Chai Akwa Ibom is indeed ready to replace Lagos asap


You people have been singing this song since 2007. You better wake up from your dream.

Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Obamaofusa: 4:36pm On Sep 26, 2020
Xisnin:

Even though the headline is fake news.
This is one of the most baseless analysis I have ever read.
Lagos and Ogun's major wealth comes from Nigeria.

The ports and the industries will lose most of their values since their major market
is Nigeria as a whole.

Also their is border and tarrif to worry about.

Use your brain.Is Nigeria the one building or bringing the industries?No,it is duty of the state or region to do that.Nigeria is even inhibiting the growth of the SW.People will always troop to where industries and development are.Why did SW lend money to Nigeria during regional system of govt two times?
Re: 13 State In Nigeria To Be Taken Over By AMCON And DMO Debt Management Office. by Calabar1stSon: 6:02pm On Sep 26, 2020
Obamaofusa:
Ogun and Lagos states will become richer without Nigeria.Lagos is not the 5th economy in Africa for nothing.The sucking tongue of the FG will be off the port etc.Lagos could become the first economy in Africa.
Most bouyant economies are always indebted because lenders are wont to lend them money because they can easily pay.
Lagos state makes a revenue of more than 40 billion in a month and will easily payvits debt if they want to but most viable entities like Lagos and the USA know why they do not quickly pay off their debts.Nobody will lend money to Anambra and the other poor states because they are poor,in fact dead without Nigeria.
How you found a way to defend this is really baffling. Nigeria isn't a western country! Your leaders are thieves who loot and stash in the US and the rest of the world.

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