mbhs139: Interestingly, Yobe and Borno with their bombings here and there are not on that list. Does that mean their economy is flourishing, and that's why they are not on the danger list of states that are indebted? I'm just wondering you know, because they are definitely not a tourist neither a business destination.

^^^No! Rather what it means is that the allocation they receive is more than enough for them since they've largely got an unquestioning and docile citizenry that don't know the meaning of accountability.....never mind demanding for it; and they've chased out investors/christians/corpers/southerners.....killing off the ones remaining.

There's not much demand on gov't like you see with other more stable states.

Niger Delta is in a Big Mess. With all the derivation and allocation, we can't even manage our resources effectively.

God save us.

Men lie, women lie.. But figures don't lie!! GEJ is leading us out of the promised land.. Even FCT in Pink too??

In view of what Gov. Chime has accomplished in Enugu State, i was expecting to see the Coal City state among the heavily indebted states. But no, Chime seems to have combined financial prudence with a Midas touch of a Wall Street CEO's management style. I'm highly impressed....

[quote author=lekzyn][/quote] hope he also finds de tym 2 destroy al does mud houses in ado ekiti

nairaman66: Men lie, women lie.. But figures don't lie!! GEJ is leading us out of the promised land.. Even FCT in Pink too??

^^^Hips don't lie though......well, according to Shakira!

Geomac:

Per annum

^^^Geomac, the link is for the Imo IGR which was less than 1 billion naira per month as at the time of the report in april 2012. Ebonyi IGR averaged at more than 1 billion per month for last year, so not only were they better than Imo, but they were also better than Bayelsa......which is saying something considering that Bayelsa has oyel!

There's a new found respect i'm having for Martin Elechi of Ebonyi.

Now let me go and look for that of Anambra and Abia.

http://www.google.co.uk/url?sa=t&rct=j&q=imo+sate+igr+for+2012&source=web&cd=10&cad=rja&ved=0CGsQFjAJ&url=http%3A%2F%2Fwww.thenationonlineng.net%2F2011%2Findex.php%2Fbusiness%2F44009-imo-targets-n1b-monthly-igr.html&ei=4KpHUYSjJYfGPY-pgJgG&usg=AFQjCNFRyvjgVHdaCFSqy71bNxJ-pvdnGw&bvm=bv.43828540,d.ZWU

Remember what he told Akpabio in SS Governors meeting.

The people including himself will not chop infrastructures rather, let's eat and share the money.

blink182: So Gov. Uduaghan squanders roughly N70bn monthly with nothing to show. Deltans are in deep soup. God in heaven, please have mercy.

This is for Anambra state; averaging at 450 million naira monthly for 2012.

Now for Abia!

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CDIQFjAA&url=http%3A%2F%2Fwww.vanguardngr.com%2F2012%2F07%2Fanambra-to-re-organise-revenue-collection%2F&ei=Na9HUfOxCMu2PY_CgPgB&usg=AFQjCNHWRTDDqnpPDYqAwIY4ra6rL6IpIw&bvm=bv.43828540,d.ZWU

PS- let's bear in mind Ebonyi IGR of more than 14 billion for last year.

And finally, it turns out that Abia are carrying the entire south east on their head (like we expected any different?)....averaging a minuscule 250 million naira per month for 2012.

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&ved=0CD0QFjAC&url=http%3A%2F%2Fnationalmirroronline.net%2Fnew%2Fabias-n35bn-projected-igr-realisable-planning-commission%2F&ei=aLBHUdb2Aci7Pdn4gcAL&usg=AFQjCNH9i8nuf4cGg2fFwJ2y9CoQu6sqDQ&bvm=bv.43828540,d.ZWU

This reminds me of the story i heard as a child of a race between the Tortoise and Rabbit, with the Rabbit over-confident and running his mouth that he would beat Mbeh (Tortoise) and leave him for dust .....guess who won in the end?

I know i'm not the only one vexed at the figures posted by the big three.....they need to pull their socks up for fuc/ks sake, as we all know they can do much better than this.

Why should you believe the nonsense written there?

Let's assume an average of 250M * 12 = 3B for 2012

How then did they project to collect a minimum of 34B in 2013 as per 2013 budget?

My assumption is that they may have collected not less than 25B in 2012

IGBO-SON:
And finally, it turns out that Abia are carrying the entire south east on their head (like we expected any different?)....averaging a minuscule 250 million naira per month for 2012.

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&ved=0CD0QFjAC&url=http%3A%2F%2Fnationalmirroronline.net%2Fnew%2Fabias-n35bn-projected-igr-realisable-planning-commission%2F&ei=aLBHUdb2Aci7Pdn4gcAL&usg=AFQjCNH9i8nuf4cGg2fFwJ2y9CoQu6sqDQ&bvm=bv.43828540,d.ZWU

This reminds me of the story i heard as a child of a race between the Tortoise and Rabbit, with the Rabbit over-confident and running his mouth that he would beat Mbeh (Tortoise) and leave him for dust .....guess who won in the end?

Ngwakwe: Why should you believe the nonsense written there?

Let's assume an average of 250M * 12 = 3B for 2012

How then did they project to collect a minimum of 34B in 2013 as per 2013 budget?

My assumption is that they may have collected not less than 25B in 2012

^^^I think that's the Abia gov't finally waking up to their responsibilities and the opportunities before them.....especially in Aba where they've finally switched on to all the shenanigans of revenue collectors there.

Of course Abia can generate up to 36 billion naira in IGR; the problem is they haven't realised they can until now.

Imagine!.....250 million average per month from a whole Abia state!; when their little brother Ebonyi is generating more than 14 billion a year!

akintun: D method d DMO is using does not actually make sense when u consider dat many states make a lot of income from federal allocation . Comparing debt to total revenue is a more sensible method.

My thought exactly! Let us compare their federal allocation and IGR with their debt portfolio, it will give a better picture of their solvency status.

They really need to imprison UDUAGHAN or is it Uganda or whatever him mama and papa call am for the rest of his life. SMH @ what that man is turning delta state into.

Ebonyi has no reason at all to be in debt,there is no infrastructure on ground there, sam egwu and elechi amadi have questions to answer,this is totally unacceptable. With that kind of debt profile,abakaliki should be giving calabar a serious competition,but that's not the case,abakaliki remains a dusty,little town. Elechi is a thief,he mustn't go scot free.

IGBO-SON:

This reminds me of the story i heard as a child of a race between the Tortoise and Rabbit, with the Rabbit over-confident and running his mouth that he would beat Mbeh (Tortoise) and leave him for dust .....guess who won in the end?

That is what i told some peaple in one thread 3 days ago, for the fact that a place, city or state is not in the news or not in peaple's mouth, does not mean that nothing is going in such place. Infact may be what is going in such places is far more than what is going in where u are making noice about.
In short believe in what u know but never underestimate others.

asha 80: why should bayelsa and delta be in that list?

did you really have to quote the entire post? U succc!

seunfly:
That is what i told some peaple in one thread 3 days ago, for the fact that a place, city or state is not in the news or not in peaple's mouth, does not mean that nothing is going in such place. Infact may be what is going in such places is far more than what is going in where u are making noice about.
In short believe in what u know but never underestimate others.

Other than the 'typos', well said

Nightshift: In view of what Gov. Chime has accomplished in Enugu State, i was expecting to see the Coal City state among the heavily indebted states. But no, Chime seems to have combined financial prudence with a Midas touch of a Wall Street CEO's management style. I'm highly impressed....

that guy is media shy or else he shld be gunning for the presidency. Ur analysis is very apt by the way.

Ejiné:

We are finished.

In short... Henceforth, I'm from Bamako, not Delta.

Thanks.

Lol, we should all continue to be deltans because if we all run, nobody would be left to fight the evil of bad governance in the state.

Alaye, You don't use monies from Federal Allocation because
1. That "income" is not constant
2. The allocation from FG in most cases cannot pay debt, as most times, many states after having paid salaries and emoluments, hardly have anything left.....

akintun: D method d DMO is using does not actually make sense when u consider dat many states make a lot of income from federal allocation . Comparing debt to total revenue is a more sensible method.

mbhs139: Interestingly, Yobe and Borno with their bombings here and there are not on that list. Does that mean their economy is flourishing, and that's why they are not on the danger list of states that are indebted? I'm just wondering you know, because they are definitely not a tourist neither a business destination.

It means that they're not borrowing excessively. It means they're only managing what they get from Abuja every month and that's good because Bayelsa &co have nothing to show.

liyalla: alow Bayelsa to run its crud for one year and lets see if in 2weeks this so called debt is not off their back...

What are you talking about? Cos I know that one who cannot manage the little resources he has, will definitely not do well, if given more resources to handle.

danot1030:

I said it that crimals offspring are many in Nairaland, am sure you have not been bayelsa state or delta state to commensurate their income with the development there and then justify it with the debt on ground, Bode Judge ffspring.

the level of gramatical and spelling errors in your post can make a proofreader run mad! But that aside if you read my earlier post, you'll see i pointed out how this debt was not used for the states betterment but corruption. As of ekiti, i was making a broader point to someone who was celegrating his state's non indebtedness while that debt is'nt bad as far as it's used to spur growth and the loans can be repayed! Is this explaination okay for your plonkish brain?

apoti:

If you are very smart, you would have noticed I said "not heavily indebted". Do you understand what insolvency means at all. Every state in Nigeria is in debt, but the wise ones will not get 1712% insolvency score(like Bayelsa).

By the way, make sure you read Brighter Grammar 1,2,3 before you post on Nairaland again

those debt were racked up by corrupt administrations and there is a reason why bayelsa with all it's debt could still acquire more because they are on a phenominal economic trijectory to repay their debt and if the correct administration start funding that debt, it will vanish in no time. So in hindsight your state is too impoverished to fund debt, that is why it is impossible to acquire it. Your economic trijectory is pathetic. So your state does'nt have debt because it does'n want it, it's cause it can't get it!! Plonker!!

blink182: Lol, we should all continue to be deltans because if we all run, nobody would be left to fight the evil of bad governance in the state.

BUT WHAT THE N/DELTA MILITANTS FIGHT/FOUGHT FOR? THEIR POCKETS I GUESS

CFCfan: Why on Earth will Bayelsa be indebted to the tune of over $1 billion, despite its huge allocations with regards to 13% derivation? Also, keep in mind that the state is one of the least populated in Nigeria.

Something is definitely fishy with Bayelsa's economic management team.

Did u see the said dates?? Dec 2011,go ask Timipre Silver's economic team!

asha 80: why should bayelsa and delta be in that list?

The delta people are very lucky to occupy the fifth position. Am very sure Udeagha knows well on time that DMO will carry out these checks hence he decided not to over run the limit multiple times. I know him because i worked in delta before. He is heavily and seriously corrupt. In comparism, he is worst than the likes of Peter Odils, Tunubu, Alams, Ibori, Atuku etc. My mind is telling me that he is seriously indebted in other less pronounced or dark areas.

tawa89: that guy is media shy or else he shld be gunning for the presidency. Ur analysis is very apt by the way.

He is not media shy, rather he is SICK. Or do u want another Yar'adua's case?

Nyako is working in Adamawa State.