₦airaland Forum

Jetleeee:
Lagos, Ogun, and Rivers can pay back. I don't know about the rest

These states you mentioned are very capable economically. My concern is more on those civil servant's states with zero economic activities.

Contrary to the guidelines of the Debt Management Office on subnational borrowing, 23 states of the federation exceeded their borrowing limits in 2015, the Fiscal Responsibility Commission has said.

In a report on the states and indebtedness, the FRC said Lagos, Kaduna, Cross River, Gombe, Ekiti, Edo, Ondo and Imo states had borrowed more than 50 per cent of their annual statutory allocations by 2015.

Other states in the same boat are Zamfara, Adamawa, Oyo, Abia, Ogun, Taraba, Kebbi, Enugu, Bauchi, Nasarawa, Kano, Benue, Kwara, Katsina and Sokoto.


The FRC added that when total revenue (gross statutory allocation plus Internally Generated Revenue) was used as the yardstick for measuring the level of indebtedness of the states, a total of 20 states borrowed more than their total revenues in 2015.

The report read in part, “In the light of the DMO’s Guidelines on Debt Management Framework, particularly as it pertains to debt sustainability, the debt to income ratio of states should not exceed 50 per cent of the statutory revenue for the preceding 12 months.


“In effect, state governments have a subsisting, though not in line with FRA, 2007, loan policy, which requires states governments not to owe more than 50 per cent of their statutory revenue for the previous 12 months.

“The Federal Government, on the other hand, is expected not to accumulate debt more than 40 per cent of the national Gross Domestic Product. Bearing this in mind, 23 states exceeded the threshold of 50 per cent of their gross/net statutory allocations during the year 2015.

“However, out of the 23 states, only 20 states exceeded the threshold of 50 per cent of their total revenue – gross statutory allocation plus Internally Generated Revenue.”

The report also stated, “Lagos exceeded the threshold of 50 per cent of its gross statutory allocation by well over 300 per cent; Kaduna, Cross River, Gombe, Ekiti, Edo, Ondo, Oyo, Abia and Ogun exceeded the 50 per cent of their gross statutory allocations by well over 50 per cent but less than 100 per cent.


“Imo, Zamfara, Adamawa, Taraba, Kebbi, Enugu, Bauchi, Nasarawa, Kano, Benue, Kwara, Katsina, and Sokoto states exceeded the 50 per cent of their gross statutory allocations by less than 50 per cent.

“On the basis of total revenue rather than gross statutory allocation, 20 states exceeded the threshold of 50 per cent. Of the 23 states that exceeded the threshold of their gross/net statutory allocations, Kwara, Katsina and Sokoto states did not exceed the 50 per cent threshold of their consolidated debt to total revenue.

“From 2012 to 2015, five states consistently exceeded the threshold of 50 per cent of their gross statutory allocations. The states are Kaduna, Lagos, Ogun, Cross River and Osun.”


https://www.google.com.ng/amp/punchng.com/23-states-exceeded-borrowing-limits-frc/amp/


Lalasticlala

I haven't watched the video but I can bet with my 3 cars that Anambra is not on the list.

Bastard pig from the cursed Abia state. Accept the truth, Abia state is a dead state. I know it is painful for you because truth is bitter

[s]

DLioness:
The bitter truth is that u are actually d dumb bastard dt ve bn yelling gibberish since & abt to kill yourslf nt me.

[/s]



https://www.youtube.com/watch?v=xFl1XnM4xAU

Psquare is just the best in Africa.

Oyibo man is too organized. Just look at the orderliness and organisation of those vehicles.

I know exactly what you meant by wane. Psquare is far from that nomenclature as they are the best so far in Africa. They are still the richest and king of African pop.

Orobo2Lekpa:
Below is the definition of Wane. Now apply it to P-Square today




(of a state or feeling) decrease in vigour or extent; become weaker.



synonyms: decrease, decline, diminish, dwindle, shrink, contract, taper off, tail off, subside, slacken, droop, sink, ebb, dim, fade (away), grow faint, lessen, dissolve, peter out, wind down, fall off, attenuate, be on the way out, abate, fail, recede, slump, flag, atrophy, become weak, weaken, give in, give way, melt away, deteriorate, crumble, wither, disintegrate, degenerate, evaporate, collapse, go downhill, draw to a close, vanish, die out; More
rareevanesce, remit


"support for the strike was waning"



antonyms: increase, grow



Origin

Psquare wane? Are you from the moon?

Orobo2Lekpa:
it is stage managed for publicity. Their career is on the wane and they want to remain relevant. Give them a couple of months they will release another song

Psquare is BIG. Their fight has become a national discourse.

zulex880:
But Peter getting married to a lady who's 6years older than him is really lame. God punish love wherever e dey

But 6yrs too much oo if na true.

adonbilivit:
heiya. when bigger stars fight or pull a stunt, small stars like basket mouth get zero attention. not even a wizkid davido beef can touch psquare fights. only IPOB stands a chance. psquare was huge...wikipedia now says the group is defunct. wetin concern me?

It is because Psquare is the biggest in the whole of Africa both in influence and affluence. I still believe they have an album in the pipe.

Lies from Obaze and PDP.

Obiano has been so excellent in his performance and he has just 4yrs to go while Obaze has 8yrs. Anambra South shall vote Obiano so that they can take over in 4yrs time.

You don't know what you are yapping. Psquare is the best in Africa, not just Nigeria. Go to youtube, they have the most watched video in all of Africa.

[s]

Abudu2000:
it's all a publicity stunt with all the wack songs they keep bringing out..tbh these guys better invest their money now cos the industry is already crowded with lots of better talented artist. Their music has lost it's sauce

[/s]

CaptainG00D:
Well whether rivers or not i dnt know but what i kno is paul wife is not igbo..

Paul's wife is an Ikwerre girl from Rivers state while Jude's wife is from Amichi in Anambra.

CaptainG00D:
U are just talking rubbish..
Even pauls wife is idoma gal.
Thats how u all spread falsehood.
And the mods allowed it..

Lies.

Paul's wife is a Rivers girl while Jude's wife is an Anambra girl.

obo389:
Money is no respecter of nobody.
Truth be told, this guys have lost it completely and if all this issues between the brothers is because of LOLA who is not from their tribe, what is wrong in marrying someone not from your tribe?

Their mom warned Peter not to marry Lola. In Anambra mothers wield so much powers amongst their sons. Now their mother has passed on. Peter was very stubborn for not have heeded her mom's advise.

Paul's wife is Rivers girl while Jude's wife is an Anambra girl. Their mom before she passed on approved of these ones but Peter's wife.

All I see is a new album loading

I can't waste my time enlightening you further use your google to cure your stark ignorance. Google the origin of Igbo people and stop embarrassing yourself with your illiteracy.


[s]

letu:
okey lets disscus it then, this what i understand about what you posted which is nothing but tell's by moonlight your post it saying that Nri influence akwa ibom, cross river, imo state, abia state. I also understand its all about supremacy and who is who in igbo land, but i'm intrested to know about those influence becuse your post did not list them, you can help and list them one by one any way lets start with this
(1) Who was or whats the name of your first nri man to setlled in pre colonia akwa ibom, cross river, imo state,abia state because every thing has an origin.

[/s]

I will keep telling you dumb bastard the truth. Abia state is a dead state. Kill your but that's just the truth. The truth is bitter, your Abia state is dead. I will not stop telling you the truth here.


[s]

DLioness:
why are you changing handles mr loser? learn to deal with your loss instead6 of hopelessly crying and yt falsely accusing anothr of cryn. Your fear 4 dlioness is what is pursuing u frm one handl 2 d othr.

[/s]



https://www.youtube.com/watch?v=xFl1XnM4xAU

This whining and crying is not gonna help you here. Abia state is dead and that is what I want you to know. Your state is dead, learn to deal with it. Hopeless dumb illiterate

[s]

DLioness:
why shld a sane person take you or your words seriously? You have said it yourslf that u are ruggedized i.e a mad man. I spit on you. Make sure u do same to yourslf. You are actually d illiterate, foolish- illiterate dt doesnt knw d meaning of bae. Hw am I your bae? wat joins me wit u this boy wt a froglike tendencies?

[/s]



https://www.youtube.com/watch?v=xFl1XnM4xAU

Abia state is dead. Accept the truth, you have a dead state dumb illiterate. I spit on Abia state.


[s]

DLioness:
see this oluku who is ur bae? You are the persn to accpt d bitter truth that you are also dumb like him; ranting the same gibberish over and over, smtn that I had already educated the first guy on.

[/s]



https://www.youtube.com/watch?v=xFl1XnM4xAU

I can't continue in this empty voyage of endless argument over Bubu. Everyone knows that Bubu is a disaster and was a single greatest mistake some Nigerians made to election a well known stark illiterate bigot as a president in the 21st century.

Just look at what 180 was mistakenly foisted on 180million people. Never again shall Nigeria descend to this lowest ebb. Nigeria can never move forward with such stark and undeveloped minds like Bubu. This is more than a national embarrassment.

BluntBoy:
Developing yourself mentally has very little to do with going back to school. You could read books or newspapers. Abraham Lincoln was self-educated. The writer, Bernard Shaw was self-educated. Many gurus that we hear about today never went to school. Like Bernard Shaw said, he never learnt anything in school.

Creating wealth is not a pointer to political competence. Obama did not create wealth or jobs before he became governor and then president. Trump who created wealth and jobs is struggling with administration.

Buhari has added a lot of value in a short time. You may not be seeing them because you people view values differently from what it really is. We are on a rebuilding process so you cannot expect miracles.

Show us these..

1. In what way has Bubu done anything to develop himself mentally or otherwise since 1983? Has he gone back to school like Obj, Gowon even IBB? Has he written any book? Has he delivered any paper anywhere?

2. In what way has Bubu created wealth? Has he founded any ''Foundation'' to assist people either through scholarship? Has he opened any establishment to employ Nigerians in any form?

Atiku has done more to help the society through job creation(Intels), through his private university(ABTU), through his ''Foundation" etc

Bubu is a total disaster and has never added any meaningful thing to Nigeria except ''baboon and monkey shall be soaked in blood'' and ''Sharia domination of entire Nigeria''. This is a complete terror and horror to Nigeria. I spit on this administration.

BluntBoy:
First, you blindly accuse a man of being a bigot without any proof and yet exonerate another without any proof. I have not witnessed Atiku's oratory skills except for snippets so I wonder how you can conclude that the man is articulate. You also claim Buhari never developed himself after leaving the military without any proof. It is not surprising because developing one's mind to an average Nigerian means having a certificate to show for it. And then the idea that Atiku is a job creator bla bla bla is not strong enough evidence of the man's competence. Trump managed businesses too and managed it well but we can see how well he is managing the affairs of the United States. Obama was never a businessman. There was no record of Obama creating jobs or wealth. Yet, Obama didn't do badly.

He told you the bitter truth. Abia state is a dead state. Accept it and move on bae.

DLioness:
You dnt sound intelligent to me, I shldnt waste my time anymore chatting wit u

BluntBoy:
How is Atiku better? And what makes Buhari a bigot?

Bubu is a bigot and not suitable in a diverse and multicultural society like Nigeria. Bubu is equally a stark illiterate and does not yield to reason. Bubu has not improved nor developed himself beyond being a cow rearer since he left office in 1983.

Atiku on the other hand has a sound mind compare to Bubu. Atiku is articulate and by far enlightened than Bubu. Atiku is a wealth and job creator unlike Bubu who has not done any other thing in his life other than getting into the military under quota system and with the minimum certificate(WAEC).

Atiku is a more suitable alternative.

Omambala family. That's how they roll.

anonymuz:
Atiku just want to be relevant in politics just because of 2019. Believe me some gullible people will still vote for him because of N1000. I pray sense fall on them

Atiku is far better than the bigot Bubu. I will vote Atiku.

This is a bitter truth.

Pointless. You asked how does Nri influenced AkwaIbom, Cross River, Imo and Abia states, I posted this below. Now you don't want to discuss it anymore.


[s]

letu:
According to Igala history in northern igbo land has it that Igala warrior settled in northern igbo and one of there illustrious son was made a high priest inwhich the porpular community(group) are the Eze Nri/Nri people which shows more to the aspect of there origin pionts towards Igala.

[/s]

New album loading.

Go and read your history or rather use google to educate your ignorant self.

Which areas have Ibibio, Efik and Ijaw?

letu:
pleas kindly explan how Nri inflence the pre colonial people of Akwa ibom,Cross river, Imo state and Abia state.

I don't care about all the stuff you have written because I am not interested in Ipob/Massob but one thing. Where's the picture/video where the revered Obi of Ontisha stood up for Abba Kyari?

Do you know that the Obi of Onitsha dynasty is over 800yrs and among the 3 most respected stools in Nigeria.