₦airaland Forum

MEEVEET:
Lagos was a maga city in 1999 ... Lagos igr in 1999 was close to 1 billion dollars

Which Tinubu develop Lagos?

Which port did he build?
Airport?
Bridge?
Which area did he open up?

Don't tell me you believe the propaganda
Tinubu developed Lagos?

Tinubu developed a city that was nigerian Capital for 70 years?

What do you guys smoke even

I don't want to us digress, but i will touch key areas sharply, In an age of internet and easy verification you still Lie foolishly ..

According to cbn data based Facts Lagos IGR in 1999 was a whooping #14.1bn, which rose to #83.02bn as at 2007 BAT left office. if you ask me 483% IGR growth rate no be beans no be by Nzogbu Nzogbu
Before Tinubu Lagos had no Free tradezone, he opened up banana island, 2nd seaport and Eko atlantics. That's enough digress naa everything i go dey teach you

Lizzysamuel:
They can only wail online.

In reality, reasonable NIGERIANs yearn for Obi

From the East to the West to South to the North.

He won In Imo (East)
He won in Lagos (West)
He won in Nassarawa (North)
He won in Delta (South)
He won in Abuja (Federal Capital Territory)

You believe you Won those places base on same Inec report you refuse to believe in places you lost ... if only obedient have 2nd thoughts
Una go just cross road without looking at both sides

MEEVEET:
Show me a Ranking of American states by igr

i believe you are educated enough to know there is difference between "states" and "countries"

For the last time, states are best compared or evaluated with IGR while Countries are rated & evaluated using GDP

if thats to hard for you to understand please retake jamb band go to school proper

MEEVEET:
No body evaluates states economy by igr... No body does that only yorubas... Absolutely no body... Not world Bank, not imf not CBN

Economy of even states or province are ranked by GDP

You guys just like to change the goal post

How did Tinubu develop Lagos state into a Mega city ... GDP or IGR ??

Why are states with high IGR more developed ??


show me one state with higher IGR than IMO than is beneath Imo cos of GDP

MEEVEET:
I don't understand this your dribbling

The acceptable way to measure an economy is GDP... It doesn't matter if it's a country, state even a street... As long as the area is defined GDP is the tool used to measure GDP

No body measures economy by Internally generated revenue

I dare you to show me one international body ranking economys in terms of revenue.. One

No bro, GDP is the yardstick used for a country, what you don't know learn

States are best evaluated with IGR while countries are rated base on GDP ... write it down

I don't know why i can't upload file, but here is a credible source
The United States of America, China, Germany, Japan, and India are the largest economies in the world in 2024, as per their GDP data. GDP serves as a key metric for assessing the magnitude of a nation's economy

America GDP is $25.5 trn followed by china $17.9trn, whatelse ??
https://www.google.com/amp/s/www.forbesindia.com/amp/article/explainers/top-10-largest-economies-in-the-world/86159/1

MEEVEET:
There is no known financial institution in the world that ranks economy with igr


How do you measure development?
In what index of development is Oyo more developed than IMO



The problem with you guys is you guys are socialist you are use to government controlling most of the money

Igbos are capitalist we are used to money in the hands of people

That is becos countries are best measured and rated on GNP ... mumu IGR or FIR is limited to internal cash flow while GNP entails total revenue from all production locally and int'l so its only logical & fair GNP is use to evaluate a "country" economic.


The problem with you developers is you make too much noise for a barrel with substance ...

The true measurement of development is Infrastructure, HDI and IGR .. all these highly depend on the govt plan, the major reason East is underdevelop despite igbos wealth is becos they have the most useless & irresponsible govt
Anambra is a home of billionaires as they say, but erosion still dey carry Anambra play even in these modern time, whereas what should have being a curse to lagos is now eko atlantics becos we have sensible leaders, Govt decides development

whenever capitalist or socialist Govt solely creat policies that regulate economic activities .. bro i can school you all day but are you intelligent enough to learn

MEEVEET:
Igr is your cash flow... GDP is your asset any wise business man knows that you can have large asset but low cash flow especially in the early stages of business

IMO GDP is twice that of Oyo over 2 times

Yet Oyo taxes more than IMO more than twice IMO.. .. And that's your business

It's also IMO's right to tax businesses low to allow them grow more rapidly

But Oyo having more revenue is in no way any measure of it's asset or GDP

Hope u learnt something today

ALOL, LMAO ... Both IGR and GDP are cash inflow no confuse yourself because say you wan Win arguement

have you ask yourself why states with Higher IGR are more developed. think my friend

MEEVEET:
Bro which school did you go to

Igr is not an economic index because it's not verifiable anyone can claim anything

Igr means nothing zero in terms of economic growth

Did you google any state IGR report and you did not find it,

IGR is like a your bank account statement, if you are not doing well it is obvious you can't falsify it.
IGR is what measures a state credit worthiness

GDP is like your salary ... you can lie about it, you can walk into a bank n tell them you earn 1m in a month whereas naa 200k, ...

No creditor will rate you by your Salary, your statement of account is what gives the true financial capacity even loan sharks look into your account to decide how much they can borrow you .. not the salary to quote


IGR is the revenue each govt used to provide infrastructure and run the economy, therefore IGR propels/mobilizes economic growth while GDP measures economic growth, without IGR the govt is as good as broke, explain economic growth without Govt in play

ozijay:
I don't want to say Peter Obi is Saint but people voted him because no embezzlement was traced to him. EFCC confirms that by not linking him to fraud meanwhile visiting other Politicians doesn't make him alike with them. Wisdom in Nigeria Politics demands that you act friendly with people of power to remind them that Politics is not supposed to be a game of hostility or a do or die affair. If he keeps hostility with Atiku how would Atiku strong holds in the country consider him?

Was an embezzlement was traced to Tinubu ?? did efcc ever indict Atiku

Obi rode on the mantra "No need for structure" ... if he truly believe in his assertion why trying to build bridge with politicians is that not contradictory

Obi left pdp to join Apga, swore never to leave Apga but he swallowed his words
Obi left a political structure to intiate a No strucure force, but today he is chasing after politicians ... what do we make of the back and forth

If Obi had kept to his lane it does not portray hostility or quarell, he just shows he stands for something and won't just fall for anything.
Last question : does Peter Obi now want a "structure"??

MEEVEET:
There is must be something wrong with education in South West I swear... Something must be seriously wrong

We are talking about economy you are showing me link to revenue generation declared by states?

What's concerns the size of an economy with revenue?

No vex which school you go?

Olodo with confidence .. here is what you need to know

Internally generated revenue refers to the revenue that a government earns from sources within its own territory. It is a crucial aspect of the economic growth of any nation as it provides the necessary funds for the government to undertake developmental projects and provide essential services to its citizens. IGR plays a critical role in providing an enabling environment for businesses to thrive, which leads to economic growth and development.

its no brainer why states with higher IGR are more developed ...

MEEVEET:
And yet IMO has higher GDP than OYO... Lmaooo is it by landmass?

Nigeria is the only place people measure with landmass and population

Instead of GDP and GDP per capita

IMO is the second largest economy in Nigeria

Don't fool yourself, states are rated by IGR .. and your so called IMO state (19.3bn) beneath OYO (62.2bn)

https://www.google.com/amp/s/punchng.com/full-list-internally-generated-revenue-by-states-fct-%25F0%259D%2590%25A2%25F0%259D%2590%25A7-%25F0%259D%259F%2590%25F0%259D%259F%258E%25F0%259D%259F%2590%25F0%259D%259F%2590/%3famp

cucumbar:
lol! you be idiot. If at your age, you believe it’s obidients that is causing the naira to fall.

Who dumb pass a creature that voted for a fossil that was licking a microphone when he was asked to test the microphone ?😀
See ehn, your head no correct , judging by the way you think. Na Thunder go fire all of Una wey dey support this calamity .

The level of your stupidity and your likes on this forum need to be studied.

Mumu ! whu said obedient are the ones causing naira to fall, if you have comprehension issues simply shut the fvckup or call any member of family that can read to interprete

By the time you sing "We warn you' for 4yrs maybe spotify fit credit una

cucumbar:
your Mumu no go ever do. So na obidients make naira fall abi. Oloshi .

You must be very dumb, is that the best defence you can come up with

continue praying things go Bad, so you can sing "we can warn them".. awon eléribu

Lizzysamuel:
Another round of lies launched 😂.

Kai.

$600m Maesrk investment comes to mind

All these Baterians quoting me, why the so much tears?

Did I lie about the audio MAESRK investment?

You and your likes are so accustomed to bitterness such that una no dey wan see goodnews
When Naira was gaining value few week ago so many post were fired to question it .... noise of propaganda choke the air, the word "Propaganda became the most used words in Nigeria, today Naira is back to falling obedient rest .. its like they found peace

Love800:
What do you mean by the bolded?

its very simple, With level of insecurity in the nation, farm produce are barely enough to meet the ordinary market demand, should govt decide to Buy from farmers it will be in Large scale that is like mobbing up supply
what we have seen from covid & the recently palliative scheme have shown govt would hoard junk of the foodstuff in warehouses
All these put together means farmers will have lesser supply for the main market ... and when demand overwhelm supply Prices will skyrocket.

Abundances is the best possible way to crash inflation, govt should open land borders and reduce duty .. let products flood the market prices g

Anonymous11:
That is the bone of contention here. WIKE is greedy. He wants to rule in proxy, control everything/ siphon Rivers State financial resource like no tomorrow with his loyalists. While it would be the sitting Governor who would take the rap/blame.

Government Fubara could have being selected by Wike, but that would not be a defence when EFCC started probing him of mismanagement of the state funds by Wike and his loyalist...

Government Fubara should fight on, use whatever it takes to free himself from external control/ manipulation by Wike and his loyalists...

Are you aware when Fubara worked under Wike he declared wanted by Efcc and it was Wike who used the state house to shield him

Most of you supporting Fubara are just bitter obedient who want to get back at WIKE for Peter Obi lost

When Obaseki was fighting Oshiomole we all thought it was an end to godfatherism, is Obaseki different from what he fought against, will Fubara not become the wike he is fighting today

Chinjo2:
It was a trap to entangle Fubara and make him do his bidding.
Imagine wike appointing Chief of staff, Chief Security Officer, Commissioners, Assembly members chai so that he can have control over the states treasury.
Just few months into office, wike stated launching attacks. Like a dog that was destined for destruction, Wike threw caution to the wind by wanting to impeach Fubara.
As God would have it, 25 assembly members loyal to Wike decided to score an own goal by defecting to APC.
Now Jungle don mature. A new speaker and attorney general has been sworn in. Now the table has turned around.
Fubara is now to set up a board of injury to probe Wike. All Commissioners loyal to Wike are to either resign or be fired, all local government chairmen are to vacate their offices after their tenure, sitting of the house of Assembly members have been moved to the Government house, all assembly members are to vacate their official quarters since they are no longer lawmakers.
Omo, Fubara Is really a good student of history.
He has really undergone an internship course from Godwin Obaseki of Edo state.

Operation demolish wike and his devilish structure.

As BAD as it sound did FUBARA not assent to it, can Fubara swear he didnt know what he was walking into .. why did Fubara not walk away and contest on a clean ground

As much as people want to crucify Wike, nobody can exenorate Fubara, what you can't take as a rich man let people know even when you are poor ..

Fubara thinks he is smart, lets see if he wil get a 2nd term

kingsways:
We know they were not chosen by Fubara and are not loyal to Fubara by their resignations

Just imagine how terrible it is for a Governor to be surrounded by disloyal commissioners

Was Fubara himself not handpicked and impose on Rivers by WIKE, you can call wike the Devil but is Fubara an angel

If Fubara can be disloyal to Wike that handpicked him, what valid reasons does anyone other Fubara has to be loyal to Fubara at these time..
Someone like Fubara should expect karma, even the coconut head Wike is getting his own share of Karma .. e go go round

Factfinder1:
Can't you people post videos without adding your annoying voices to it

i be think say na only me that thing they vex,


However its a sure means of sharing & popularizing there blogs

Ofunaofu:
So you mean because he didn't put an opposition member in prison, he is automatically a democrats

Did you even read the entire article

No be by "ACTIONS" you suppose judge somebody, or you just go about accusing and labeling people wrongly

The opposite of a Democrat is a Trynant, however PDP, Bode George, and Afenifere are renowned opposition to Tinubu what did he do to them that is unconstitutional

or Tell what Tinubu did that depict "Tyranny"

KnowAll:
They buy it at market rate from farmers. Farmers are not losing. The government would now subsidise it or even deduct N5000.00 from your pay for you use the cooperatives.

The last point you raised, govt subsidizing food will only do more harm than good, its something we've witness when govt gave out palliatives last time
Govt buying up food product from farmers will creat unwarranted sarcity and boost inflation that leaves the real market to scramble what is left of supply which automatically hikes in price

Above all, subsidy intervention will only brew corruption and even the foods stuff will be held up in warehouses and what will be dispense can't even serve 30% of Nigerian population .. whats the point

Ofunaofu:
Tinubu was never a Democrat and will never be a Democrat.

Tinubu is a notorious narcotics drug trafficker engaging in criminal state capture.

If Tinubu was never a democrat, how many opposition member or Afenifere leaders did he put in prison

when you open your mouth to accuse or allege you must also add evidences

ozijay:
Don't complain now Oga, when we tried not to allow these underworld dawgs to take power you people left us on the spotlight alone oya face the consequences. It's even good so that everybody will learn serious lessons.

Humans are unpredictable, even pikin wey you born you can't predict what he/she will turn out to be, how much more a total stranger that you've never met

All these politicians are the same, they just decieve us in different ways .. did peter obi not visit Atiku recently

Splashme:
Nigeria must stop building rice Mills everywhere.

The country needs investment in Rice farms and not Rice Mills

Most of the rice Mills across the country including Lagos owned Imota Rice Mill are not functional because of absence of enough rice paddy.

The country needs farms not Mills
.

In the report you heard them say, the rice mill operate 24hrs, is that not functional

If there are truly no paddy rice, those investing in mills won't be building more ... just a logical thought

Catalysttt:
Too bad....and we claim that we're wiser than them, yet we make things harder for ourselves.

Cost or standard of living does not negate who is wiser,
One thing you fail to put into cognizance is that North are more into farming than west, almost every family in North are into farming or rearing of animal .. mass pdoduction in the North is what makes food cheaper

But coming to west, agriculture/farming is not something of pride, we have few people vested in farming and majority of the big scale farmer in the west prefer to export

With minimal farming in the West we are left at the mercy of the North who are now woke that the West has money to lavish on, when you factor in transportation + security extortion costs, you realize why cheap foodstuff from the North arrives expensive down in the west

ddippset:
David was the little man, Goliath was the big big man.

There was rejoicing when David fell Goliath.

There would have been no rejoicing if it had being the other way round.

Of course we all know Wike is the bigger man, sort of like the bully in this circumstance..

Fubara is the underdog.

That is what he has a lot of support from the masses.
Wike might have the politicians and the moneybags but Fubara has the sympathy of the people.

To begin with, David and Goliath had no relationship, Goliath did not do david any favor and David did not "Betray" anybody

Betrayal must not be condoned under any guise, Most people cheering Fubara are outside Rivers, most people cheering Fubara are outside Rivers
Fubara has the sympathy of obedients who just want to get back at WiKE
Nigeria politics is all about structure, and so far what we have seen signals WIKE still has a huge influence on rivers, when the next election comes people deceiving Fubara with Nzogbu Nzogbu will be nowhere to give him votes cos they are not even resident in rivers.
Wike have loyalist while Fubara has enemies of Wike .. who is fooling who

seunmsg:
US, UK and other western countries run a sustainable credit financing system. So, why do you think we won’t be able to sustain our own?

Different country Different people, while credit financing system might be sustainable in advance countries cos they have a system that can not be easily manuever

In Naija credit finance scheme is seen as a share of national cake, most that applied have intentions to default, moreover we don't have a system the scheme will be run by people .. then corruption creeps in.

ddippset:
Fubara is gradually taking charge....

Slowly but Surely.

Most of you cheering Fubara now are politically naive, these are clear signs WIKE commands more loyalist than Fubara

So far we have seen more foot soldiers doing the unthinkable for wike, ... "Resignation' is rare in politics

To any naive child, Fubara is winning now but ahead what are his chances for a 2nd term cos everything signals wike still holds the structure of rivers

DaddyCoool:
Point is, even if dollar totally collapses today nobody will even be talking of arresting anybody selling currency. They'd be focused on correcting why people no longer want dollar!

The fact is, no country allows hawking of foreign currency on the streets, its high time govt clear and reset

Speculators are having a filled day cos demand for dollar exceeds supply, a little bit of there artificial hoarding triggers cool profit

The way to take people off the dollar is diversfy, by allowing people to trade freely with neigbouring countries

Above all a working refinery will slash the Fx demand by great percent .. i still don't understand why dangote refinery dey carry us play

gbengene1234:
We keep hoping the Naira will appreciate against dollar but the opposite is what we keep seeing. Price of goods are going up again and it won't come down is 2 months time even it the Naira appreciates again. Does anyone in this country knows the actual way to solve the Naira o dollar issue? Enough of all this floating, intimidation and fixed prices

The only way is we must reduce Demand for dollar,
Even though boost in local production seems to be the best approach is not takes time therefore what we can do on a short term is ensure

Refineries are working optimally, that will save junk of dollars we earn from crude

On a short term, diversify import to land borders with neigbouring countries that accept local currency

If we can't stop our mad taste for imported goods @least lets bypass dollar as much as we can

DaddyCoool:
Only our dear country.
Only Nigeria arrests people on the streets when their currency drops!
Canu imagine, say, US, arresting wall street traders or ANYBODY for that matter if dollar drops😆

Did you just compare wall street to aboki hawking dollar at sabo they aint the same naw what you don't know ask or study on it

wall street trade virtually they don't handle dollar/cash physically, what you will never find abroad is some people hawking foreign currency on the street