Norway's population of 5 million is roughly at par with that of Delta-State's 4.6 million according to the 2006 census. Norway's approximately 5 billion barrels oil reserves is equivalent to Delta-State's share of Nigeria's estimated 37 billion barrels oil reserves. Yet Delta-State currently has a debt of about $19 million hanging on the neck of present and future generations like the dangling sword of Damocles. On the hand, Norway's Oil Fund saved for future (unborn) generations is over $600 billion dollars and the largest private equity fund in Europe and this is besides the periodic voucher (oil coupon) sent to citizens of Norway as their share of the oil wealth of Norway!
Before you celebrate parties and Governors, let us check the debt they will be leaving their states. @[100484630009668:274:Hope For Nigeria] shares this. No need to alarm you but Look at ACN/APC Lagos with their huge revenue from Allocation and taxes. PDP Delta under Uduaghan and Ibori not that bad with our 18.9 mill debt compared to Lagos 611.2. Also comparing them to fellow high earners Akwa Ibom 61.6, Cross Rivers 113 and even Rivers at 36. The ACN and CPC and even Labour states are thus in no way better than PDP in frugality. B-R-E-A-K-I-N-G NEWS! Debts Left For Next Generation By State Governors. Party-By-Party Basis From Hope For Nigeria. PDP States. 1] Kano (PDP) owes $61.7million 2] Katsina (PDP) owes $74.6million 3] Akwa Ibom (PDP) owes $61.6 million 4] Cross River (PDP) owes $113million 5] Kebbi (PDP) owes $47.8million 6] Kogi (PDP) owes $33.8million 7] Niger (PDP) owes $29.7million 8] Kwara (PDP) owes $45.5million 9] Kaduna (PDP) owes $215.6million 10] Plateau (PDP) owes $21.9million 11] Rivers (PDP) owes $36.6million 12] Jigawa (PDP) owes $33.6million 13] Gombe (PDP)owes $31.7million 14] Enugu (PDP) owes $50million 15] Delta (PDP) owes $18.9million APC States. 16] Lagos (APC) owes $611.2 million 17] Nassarawa (APC) owes $36.9 million 18] Ogun (APC) owes $102million 19] Osun (APC) owes $62.7million 20] Oyo (APC) owes $76.6million 21] Edo (APC) owes $42.7 million. 22] Ekiti (APC) owes $36.1million APGA And Labour State(s) 23] Ondo (LP) owes $51.8 million 24] Imo (APGA) owes $51.9million 25] Anambra (APGA) owes $26.7million Question From Hope For Nigeria www.fb.com/hopefornigeria. a] Have you asked your State Governor which project(s) he spent these loans on? b] Asked your Local government Chairmen what they are doing with Billions of Naira Monthly allocation from Abuja? c] Do you Know that it will take Lagos state 69 years to pay-up their debts, While Kaduna state will pay theirs in 38 years. d] Ogun state on its own will service this loan till the next 35 years. YOUR EYES SHOULD BE OPEN BY NOW!!! Nigeria Can Do Better!!! - Hope For Nigeria.
Before you celebrate parties and Governors, let us check the debt they will be leaving their states. Hope For Nigeria shares this.
No need to alarm you but Look at ACN/APC Lagos with their huge revenue from Allocation and taxes.
PDP Delta under Uduaghan and Ibori not that bad with our 18.9 mill debt compared to Lagos 611.2. Also comparing them to fellow high earners Akwa Ibom 61.6, Cross Rivers 113 and even Rivers at 36.
The ACN and CPC and even Labour states are thus in no way better than PDP in frugality.


B-R-E-A-K-I-N-G NEWS!
Debts Left For Next Generation By State Governors.
Party-By-Party Basis From Hope For Nigeria.

PDP States.
1] Kano (PDP) owes $61.7million
2] Katsina (PDP) owes $74.6million
3] Akwa Ibom (PDP) owes $61.6 million
4] Cross River (PDP) owes $113million
5] Kebbi (PDP) owes $47.8million
6] Kogi (PDP) owes $33.8million
7] Niger (PDP) owes $29.7million
8] Kwara (PDP) owes $45.5million
9] Kaduna (PDP) owes $215.6million
10] Plateau (PDP) owes $21.9million
11] Rivers (PDP) owes $36.6million
12] Jigawa (PDP) owes $33.6million
13] Gombe (PDP)owes $31.7million
14] Enugu (PDP) owes $50million
15] Delta (PDP) owes $18.9million

APC States.
16] Lagos (APC) owes $611.2 million
17] Nassarawa (APC) owes $36.9 million
18] Ogun (APC) owes $102million
19] Osun (APC) owes $62.7million
20] Oyo (APC) owes $76.6million
21] Edo (APC) owes $42.7 million.
22] Ekiti (APC) owes $36.1million

APGA And Labour State(s)
23] Ondo (LP) owes $51.8 million
24] Imo (APGA) owes $51.9million
25] Anambra (APGA) owes $26.7million

Question From Hope For Nigeria www.fb.com/hopefornigeria.
a] Have you asked your State Governor which project(s) he spent these loans on?
b] Asked your Local government Chairmen what they are doing with Billions of Naira Monthly allocation from Abuja?
c] Do you Know that it will take Lagos state 69 years to pay-up their debts, While Kaduna state will pay theirs in 38 years.
d] Ogun state on its own will service this loan till the next 35 years.
YOUR EYES SHOULD BE OPEN BY NOW!!!

Nigeria Can Do Better!!! - Hope For Nigeria.

Source:www.fb.com/hopefornigeria

Poor management and wastage are the major baserock for poverty. God will deliver us.