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Sydney22's Posts

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Christianity EtcRe: Catholic Church Baki Iku Destroyed By Muslim Youths For Worshipping On Friday by Sydney22:
Speechless
Christianity EtcRe: Muslim Youths Attack Catholic Church In Niger . Casualties Recorded by Sydney22: 12:46pm On Jul 16, 2016
Christianity EtcRe: Muslim Youths Attack Catholic Church In Niger . Casualties Recorded by Sydney22:
cry
Christianity EtcRe: Muslim Youths Attack Catholic Church In Niger . Casualties Recorded by Sydney22:
The jihadists againhuh
PoliticsRe: Angry Benin Residents Meet With Fashola During His Visit To Edo State. by Sydney22: 9:01pm On Jul 11, 2016
Before election fashola be like .... grin


After election fashola be like ... All power belong to God

PoliticsRe: What Is The Major Thing The SOUTH EAST Contribute To Nigeria's Economy? by Sydney22: 8:07pm On Jul 10, 2016
cheesy
PoliticsRe: What Is The Major Thing The SOUTH EAST Contribute To Nigeria's Economy? by Sydney22: 7:45pm On Jul 10, 2016
Nigeria's budget-monitoring tech organization, BudgIT, released a detailed document on the states of Nigeria; their economic situations, debt burdens, budget-funding capabilities, internally generated revenue ratings and financial sustainability.
This move is part of a greater plan to engender transparency in our budgets, as well as demand better accountability from our various state governors across the federation.

The document had some revealing details, some shocking details, as well as some downright damning ones. I guess reality is truly different from state-sponsored propaganda and social media rhetoric.

Ability Of States To Meet Recurrent Expenditure
In this category, the states are ranked by the figures realized after subtracting the total monthly salaries paid by the states from their monthly income. The states in red are states whose monthly incomes are unable to meet up with the monthly wage bill. In other words, states that are unable to pay their salaries without having to borrow. States in green, on the other hand, are states whose monthly incomes are enough to adequately pay salaries and still have some leftovers for other engagements.
This is the table:


From the table above it can be deduced that Lagos, Rivers, Delta, Katsina and Enugu are the top 5 states with the highest leftover cash even after meeting monthly obligations; while Osun, Plateau, Ogun, Nasarawa and Oyo are the bottom 5 states as well as the states with the greatest inability to meet monthly payments without having to borrow.
Perhaps interesting to note, is the fact that Osun state's monthly shortfall is larger than the monthly shortfalls of Ekiti, Bauchi, Abia, Kaduna, Zamfara, Imo and Gombe, combined.

On a region-by-region basis, it can also be deduced that:

1. In the South-South, all other states are green except Bayelsa and Akwa Ibom.

2. In the South-East, Enugu, Ebonyi and Anambra are able to meet recurrent obligations, but Imo and Abia are unable to.

3. In the South-West, Lagos is the only state currently meeting its recurrent obligations while all other sister states, Ekiti, Ondo, Oyo, Ogun and Osun, are unable to.

4. Taraba and Yobe are the only North-Eastern states without monthly shortfalls

5. Niger, Benue and Kogi are the only North-Central states currently without shortfalls.

6. Zamfara and Kaduna are the only North-West states with shortfalls.

PoliticsRe: What Is The Major Thing The SOUTH EAST Contribute To Nigeria's Economy? by Sydney22:
State Sustainability Index

BudgIT published the final info known as "State Sustainability Index". This is the rating of the states by their financial sustainability. It factors in the state's IGR, as well as its total debt stocks, AND recurrent expenditure before arriving at its final figures.
This is the standard formula used in calculating state sustainability index:



Using the formula above with IGR's and debt stocks previously posted, below is the ranking of the states by their sustainability indices:



From the table above, it can be deduced that Rivers State, with its high IGR and relatively low debt, is Nigeria's most sustainable state, with Lagos, Enugu, Delta and Katsina all trailing in that order to make up Nigeria's top 5 most sustainable states.

Counting from the bottom, on the other hand, Plateau, Osun, Nasarawa, Borno and Ekiti are ranked as Nigeria's least sustainable states, with their low IGRs and inexplicably high debts.

On a personal region-by-region ranking (gotten by adding all the indices for every state in each region and dividing by the number of states in said region), the South-South is by far Nigeria's most sustainable region with a cumulative average sustainability index of 8.27

Coming second is the South-East with an index of 6.43

In third place is the North-West with an index of approximately 5.45

Number 4 is the South-West with 5.43

Coming fifth place with an index of 4.39, is the North-Central

And scraping the bottom of the barrel at last place, is the insurgency-torn North-East with an index of 3.97

Download the PDF here: http://www.yourbudgit.com/wp-content/uploads/2015/11/THE-FATE-OF-STATES-Final.pdf

PoliticsAnother Chibok Girl Sighted At Ikot Ekpene -residents by Sydney22(op): 1:02pm On May 20, 2016
Another chibok girl has been sighted at ikot ekpene,AKS

Please share widely so that she can also be taken to Aso Rock to meet Mr presidiot

CelebritiesRe: “i’m Not In Competition With Olamide’ – Phyno Speaks In New Interview by Sydney22: 11:03am On May 18, 2016
Phyno u're the boss
#Ezege

Olamide is a noisy tout
PoliticsRe: Obiano Presents The Cheque Of 367Million To Schools In Anambra - Photos by Sydney22: 6:39am On May 18, 2016
Nice one willie

Hope you remember Aregbesola too
PoliticsRe: NLC Walks Out Of Meeting With The Federal Government by Sydney22: 6:34am On May 18, 2016
omenka:
Preparing to go to work as I type this. Would see the idiot that would come chase me out of my office. angry
when you say ur office, do u mean Apc situation room?
PoliticsRe: NLC Walks Out Of Meeting With The Federal Government by Sydney22: 6:31am On May 18, 2016
viktagorion:
Very irresponsible of labour to disobey court order.
you never called buhari irresponsible when he disobeyed court order to release kanu and dasuki

Hypocrite
PoliticsRe: Discussion Between Urhobo & Yoruba Man On Niger Delta About Ipod (MUST READ) by Sydney22: 8:02pm On May 17, 2016
PenSniper:
A grade A trash from an unintelligent impersonator.
why not answer the questions ?
EducationSee What !! by Sydney22(op):
undecided undecided
PhonesRe: MTN Introduces Cheaper Data Bundles by Sydney22: 7:32am On May 12, 2016
Can this data plan work on iPhone?
PoliticsRe: Fuel Increase: Nigerians Lament On Twitter by Sydney22: 10:43pm On May 11, 2016
GEJ be like tongue tongue tongue grin grin

EducationRe: Huh !! by Sydney22(op):
aotlatitude:
I feel your pain, bro. What I'll tell you is: Keep getting your request across to them, via all available channels. Have you tried Twitter? I pray that your efforts won't be in vain, IJN.
thanks

I have tagged them countless time
EducationHuh !! by Sydney22(op):
undecided undecided
PoliticsRe: Buhari Speaks At The Tackling Corruption Together Conference In The UK by Sydney22: 12:38pm On May 11, 2016
You mean the president of a fantastically corrupt country ? grin cheesy
PoliticsRe: Niger Delta Avengers Will Regret Their Actions - Military by Sydney22: 7:15pm On May 10, 2016
Eeya ..... So when is fulani herdsmen going to regret their own actions?


Hypocrites !!!!!
PoliticsRe: Aisha Buhari Attends North-East Developmment Commission Bill Hearing by Sydney22: 8:22am On May 10, 2016
Hope they will fund it with money from tomatoes, onions and cow rearing ?
PoliticsRe: Is It Ok For Yoruba To Claim Omonile In Lagos But Not For ND To Claim Their Oil? by Sydney22: 8:55pm On May 08, 2016
bettercreature:
Do you know how much oil companies are paying the elders in the oil producing areas?
You better go and ask if you dont know
Yoruba can never do what your people are doing,we are no daft or killers
Yoruba Man U didn't answer his question ...

He asked why you guys are hypocrites
PoliticsRe: Ijaw Group Condemn Niger Delta Avengers--- Vanguard by Sydney22: 8:51pm On May 08, 2016
@op When will you condemn Fulani herdsmen ?

Dindirin
PoliticsRe: You Have Two Weeks To Leave The SS & SE -ND Militants To Fulani Herdsman by Sydney22:
undecided :-
PoliticsRe: Ebonyi Governor Offers Cattle Grazing Route, Wants Herdsmen Disarmed by Sydney22: 7:00am On May 04, 2016
Stupid governor

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